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Topic: Best Bitcoin And Ethereum Strategy In 2022 - page 2. (Read 238 times)

hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
October 25, 2022, 07:12:56 AM
#5
Can we not appreciate the fact that bitcoin has went low to $17k during this bear market and still above from that low? Whilst for Ethereum, lowest was around at $900 and is now at $1,344.

In fairness for the oil industry, during the height of pandemic, they're the biggest loser. And now that economy is becoming back to every country, demand is increasing, and OPEC has limited the barrels per day which resulted to them as mostly wins and will surely expand the gains that they're getting now.
legendary
Activity: 2576
Merit: 1655
October 24, 2022, 04:29:53 PM
#4
Well it's obvious that we have been seeing a sideway pattern for the last 4 months. For some this is not good as their portfolio is in red, nevertheless for experience and smart investors, this is a great opportunity to just restock sats in your wallet because the price of bitcoin is around -70% from it's all time high, so it is at a discount.

So the best strategy is DCA, and I would say is very safe even for newbies to implement as it is very easy.

Quote
Dollar-cost averaging involves investing the same amount of money in a target security at regular intervals over a certain period of time, regardless of price. By using dollar-cost averaging, investors may lower their average cost per share and reduce the impact of volatility on the their portfolios.

https://www.investopedia.com/terms/d/dollarcostaveraging.asp
sr. member
Activity: 1313
Merit: 302
October 24, 2022, 03:23:20 PM
#3
Bitcoin was consider as the King to the crypto currency.The only reason is,because of bitcoin many coins get into this platform.Secondly the Ethereum was considered as the queen to the market,because it was sole responsible for the launch of many altcoin to crypto currency market.After the price of bitcoin transaction fee was increased,the Ethereum was used for the transaction.So it was second rank crypto currency with the valid points of leading the crypto currency market.
legendary
Activity: 2030
Merit: 2174
Professional Community manager
October 24, 2022, 03:04:26 PM
#2
Your post is better suited in the economics section or maybe altcoin discussion.

About the best Bitcoin strategy? That would be Holding if you own some of it or buying if you do not at the current discounted price

You can of course also diversify to other industries which are profiting more during these bear periods.
newbie
Activity: 10
Merit: 0
October 24, 2022, 02:55:56 PM
#1
Bitcoin and Ethereum remain stuck in a range with no clear direction during today’s trading session. The crypto market’s uncertainty has been smashing on long and short positions, but one sector is blooming under current conditions.

At the time of writing, Bitcoin trades at $19,360 with sideways movement across the board. Ethereum is displaying similar price action in this choppy environment, with most cryptocurrencies in the top 10 at a loss or lateral movement.

2022 Crushes Bitcoin And Global Markets
According to a report from the trading desk QCP Capital, this year has been the worst performing for investors with a cross-asset portfolio. If an investor-owned Bitcoin, stocks, and gold as part of their strategy, their capital would be in the red.

As seen in the chart below, the only assets recording gains are those in the energy sector, with crude oil and natural gas taking the lead. The former recorded the best performance in 2022 with a positive 34%, followed by a 4% in crude oil (WTI).

The crypto market has been the biggest loser under current macroeconomic conditions. Bitcoin and Ethereum recorded 66% and 72% losses, respectively. In traditional markets, only the Nasdaq 100 records a similar drawdown of 40%. QCP Capital wrote:

Outside of energy, the breadth and correlation of underperformance is stunning – every single macro financial benchmark is underwater in real terms (…). Today, with every category of fixed income returning negative real returns – there was essentially nowhere you could have hidden out this year and beaten inflation.

https://cryptonews.com.co/bitcoin-news/best-bitcoin-and-ethereum-strategy-in-2022-this-report-answers/
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