(lookonchain)

Frequent trading is very dangerous!

A trader frequently traded 3 times in the past 5 days and lost money each time, with a total loss of $1.47M!

This trader has traded #ETH 31 times in total and won 9 times, with a winning rate of only 29%, but the total profit is $4.23M.

The most profitable trade was because he held #ETH for one year and then sold it, earning ~$6.5M.

It seems that long-term holding is more profitable than short-term holding.