This Is Why I'm LongI have an Uncle that bought WEED @ 4.5 x 15,000 = 67,500 $. By holding and never selling his value today is 471,000 profit. He took 67,500 +471,000 and turned in to 538,500.00. He bought just over a year ago. Now if he would have day traded that possibly could of been much higher if timing was good on buy and sells, but he is completely happy with his gains and he never had to do anything but hold. There was a lot of stresssfull days watching it plummet but it always came back stronger.
Hopefully Longs can do the same on FIRE, Day trading can be very tricky and this is why I will not day trade. Long and Strong.