Crypto is indeed both ways, but waaaaaay more riskier. If you long-term hold the wrong shit, money lost. Try to swing and get the timing wrong or get greedy, money lost. The key is to have a gameplan and stick to it so emotions are kept in check. Like this cycle, no matter how much I made, my limit for non-bluechips(as I see them) was 1-2k.
I've made money both ways. This year, I used leverage for the first time. Swore I wasn't going to do any tax events, but gains were just too crazy. Leverage is the shit. I ended up making a long-term stack and trading stack. Take profit from trading stack and move into USD and into long-term. Long term stack made nice gains this cycle because I'm heavy, heavy eth, but trading stack is what made me. I'm not greedy, so wasn't even close to getting wicked and liquidated.
A person should only trade/leverage if they have time to follow the crypto market damn near full time. So that means most folks(probably 99 percent) need to just play long-term on the solid projects. Even when trading, I'd only recommend 20 percent of the stack. And the entire stack both long and short should only be money a person is comfortable to part with so emotions are removed.
The discipline is the hardest part regardless of method. Why is this country full of fat asses? Lack of discipline. Discipline is tested all the time with diet/exercise. Investing is fucking worse. I keep price targets and don't break that shit for anything. Yeah, I fucked up waiting for ADA to break below $1, but take the good with the bad.
But long-term is what EVERYONE should be doing. It's the baseline. In crypto long-term will bring insane gains, trading can make the shit even crazier. Because it's the trading that can fuel ecosystem bets that do easy 20x.
China got problem with money walking out the country. That's why they crack down so tough.
"We accept (insert bag)," hope it works so profits can be taken. Nothing to see here. Just showing our support. 
