The article discusses the case of the cryptocurrency $DRIFT, which has demonstrated that holding onto assets can sometimes generate higher returns than actively trading them. The value of $DRIFT has risen from $0.31 to $2.85, resulting in a 797% increase. While active traders could have made profits of 50% to 200% by selling during the surge, those who held onto $DRIFT saw gains of nearly 800%. The article highlights the importance of strategic holding and avoiding overtrading, as it can distort net gains. It also emphasizes that quality project portfolios can generate more revenue than constantly engaging in cryptocurrency trading. Overall, the article suggests that holding onto assets and understanding market conditions can lead to bigger and more constant gains in the long run.
- Content Editor ( cryptonewsland.com )
- 2024-11-09
$DRIFT’s Meteoric Rise from $0.31 to $2.85: The Case for Long-Term Holding in Crypto