This is difficult to assess.
The two times I shorted it for fiat (small fractions, actually) I got squeezed. In the second time I even said it was a offering to appease Karhu. We cant know for sure that sell and buy back at a lower price is a good strategy, at least for me it didnt work.
Better is to buy with spare money, and holding what you already have, even if you are bleeding. Because we all know for sure that, long term, bitcoin will rise to 100k and beyond.
Bitcoin currently is less than 1% of global GDP, so the potential for growth is enormous, and even if you lose for some weeks or months, you know that this is temporary, due to the fundamentals. That's why so many bears burn in this market.
The best strategy, then, is to buy and hold, and buy more when its down.
Topic: best strategy right now : buy & hold + buy more VS buy & sell (Read 1459 times)
It would be a smart move to hold the coins for now as you can see that the bleeding of the coins is mot mostly due to any technical glitches but due to the fact that many of the top tier cryptocurrencies are facing backlash from many of the world political powers and international governments, these conflicts are on the verge of being resolved.
Seriously in 2017 we are still debating trading strategies. The best traders make a lot of money, they tend to be algorithms, experienced traders or lucky traders. The vast majority lose money or coins. The best strategy is HODL.
Lol yeah holding is the best strategy. i'm a long term holder, i won't sell below $10k hehe, i know it's gonna take time i can wait... 
I've not seen a huge price plunge in a long while so I think I wouldn't even try buying and then selling. With buying and selling, there is always the risk of the price getting much higher after you just sold, making it harder to buy more bitcoins. I'm more comfortable just increasing my saved up bitcoins and holding on to them through crest and trough. After all my primary goal with bitcoin is not just to make a handsome profit but to be more secure so I'd definitely pick a smaller "profit" from the value increasing over a potential larger profit. If I want to make more bitcoins, I'd just try trading rather than converting them to fiat.
Seriously in 2017 we are still debating trading strategies. The best traders make a lot of money, they tend to be algorithms, experienced traders or lucky traders. The vast majority lose money or coins. The best strategy is HODL.
JBED: Just Buy Every Dip. It never falls to work. That is what I have been doing for years now, and bitcoin always ends up delivering bigger gains, it's really easy to make money with bitcoin, just buy and never sell, in 10 years you will be a boss.
buy and hold strategy is always going to be working! you can never regret buy and hold. we can see these days that even if you were such a bad trader or had bad luck to buy on the exact top in 2013 you still haven't lost anything! although holding that long and not sell+buy-back is a bit silly.
but when you buy and sell or better say sell and buy back again, you have to be always prepared to live with the consequences of missing out and try to come up with ways of covering the possible loss that you will experience because of that.
but when you buy and sell or better say sell and buy back again, you have to be always prepared to live with the consequences of missing out and try to come up with ways of covering the possible loss that you will experience because of that.
Guys, i always bought & sold and bought back. With this strategy I made quite some nice profit. Big dumps like before less likely (PBOC defeated, no Gox anymore, increasing demand etc ) . So maybe it it time to change my strategy to buy & hold + buy more After the ETF dicision I will stop selling my coins for a couple years at least. What do you guys think ?
The only one good advice I can give you - be adaptive. That all what is needed. You said that you had success with your buy while low and sell while high.So why do you want to change that now? It is not like we won't have volatility in bitcoin anymore, short period of stability isn't definitive proof of that.
Wait for SEC's decision, be quick if ETF will be approved you might want to buy fast until price is still low.
neither for me, i'm more of a generate and hold and never sell and just use your coin to pruchase what you want
i guess if you are a good trader you can do buy and sell, but not now in a bull market, would be a suicide, unless you are so brave and lucky to hit every little fluctuation to the bottom....
Wow means you never sell your coins? It was quite unique because not many people using bitcoin only to buy necessities. But I agree with you say that the only good traders do buy and sell. Maybe if someone did buy & hold + buy more I'm sure they do in the long term, or maybe for investment. If you do buy and sell now indeed very little profits because prices always go up, but it still can be done because bitcoin is still fluctuating just not full profits. i guess if you are a good trader you can do buy and sell, but not now in a bull market, would be a suicide, unless you are so brave and lucky to hit every little fluctuation to the bottom....
Thats me:) I guessed everything right so far. Only 1 bear trap had me. So i guess i am doing it pretty good so far. But 1 mistake can be fatal.
neither for me, i'm more of a generate and hold and never sell and just use your coin to pruchase what you want
i guess if you are a good trader you can do buy and sell, but not now in a bull market, would be a suicide, unless you are so brave and lucky to hit every little fluctuation to the bottom....
i guess if you are a good trader you can do buy and sell, but not now in a bull market, would be a suicide, unless you are so brave and lucky to hit every little fluctuation to the bottom....
February 28, 2017, 11:48:00 PM
the buy and hold strategy is good but i don't call it best, it is the easiest for sure because not everyone has the time or the nerves to start trading day to day and take the risks of price fluctuation against his expectations.
and right now, not that much is different just because ETF is around! when ETF news comes and goes on 11th we can see another thing replace ETF and then another thing replace that and then China again and so on.
and right now, not that much is different just because ETF is around! when ETF news comes and goes on 11th we can see another thing replace ETF and then another thing replace that and then China again and so on.
February 28, 2017, 12:11:53 AM
Not yet , i buy back on 11 march , all part of the strategy. After that i hold for the coming years to come. Now i must wait till 11 march. A bit risky but we will see.
Good luck with that.
If the ETF is approved the price will probably rise abruptly before anyone without inside information even hears about it. You might never see these prices again.
Of course if it's rejected the price will dip abruptly before anyone has a chance to react, creating a panic and a great buying opportunity.
The difference is that the dip will be temporary. Before long the price will rise again to much higher than it is now.
My strategy is to hold and wait, but try to reallocate some funds for March 11. If the ETF is rejected, buy the dip. If it's approved, wait for the mega-rally to run its course and buy the inevitable correction which will follow.
best and most complete answer that i have read so far in all the ETF related posts that i have been reading.
February 27, 2017, 11:54:35 PM
because you can make more coins while traiding. That means higher profit on the long term when you do it right. But it also includes higher risks. Thats why it is good to compare the different strategies with each other.
Everything there is always a risk, I think, as long as the bitcoin user is optimistic with the future, then prices will always go up, this is because the fixed stock and demand rises. I am still optimistic, hold bitcoin for 2 years again is the best method and still profitable. February 27, 2017, 09:56:44 AM
because you can make more coins while traiding. That means higher profit on the long term when you do it right. But it also includes higher risks. Thats why it is good to compare the different strategies with each other.
February 27, 2017, 09:43:57 AM
Not yet , i buy back on 11 march , all part of the strategy. After that i hold for the coming years to come. Now i must wait till 11 march. A bit risky but we will see.
Good luck with that.
If the ETF is approved the price will probably rise abruptly before anyone without inside information even hears about it. You might never see these prices again.
Of course if it's rejected the price will dip abruptly before anyone has a chance to react, creating a panic and a great buying opportunity.
The difference is that the dip will be temporary. Before long the price will rise again to much higher than it is now.
My strategy is to hold and wait, but try to reallocate some funds for March 11. If the ETF is rejected, buy the dip. If it's approved, wait for the mega-rally to run its course and buy the inevitable correction which will follow.
February 27, 2017, 08:03:12 AM
The safest strategy still is to buy hodl and buy more. You have little risk doing it. But if you can afford to lose some bitcoins, you can risk doing buy and sell. If you can time the market right, you will have plenty of profits. But if you timed it wrong and you sold on a bull and never got back down, your money is trapped. What I do is I have some funds for long term hodl, and some funds I can play on trading.
February 26, 2017, 02:52:57 PM
Not yet , i buy back on 11 march , all part of the strategy. After that i hold for the coming years to come. Now i must wait till 11 march. A bit risky but we will see.
Good luck with that.
If the ETF is approved the price will probably rise abruptly before anyone without inside information even hears about it. You might never see these prices again.
Of course if it's rejected the price will dip abruptly before anyone has a chance to react, creating a panic and a great buying opportunity.
The difference is that the dip will be temporary. Before long the price will rise again to much higher than it is now.
My strategy is to hold and wait, but try to reallocate some funds for March 11. If the ETF is rejected, buy the dip. If it's approved, wait for the mega-rally to run its course and buy the inevitable correction which will follow.
February 26, 2017, 02:22:50 PM
The buy and hold strategy is the best,but i`m too afraid to hold my bitcoins for a long time.
Anything can happen,someone can hack my wallet or Localbitcoins account or i might forget my password because i`m stupid.
Anything can happen,someone can hack my wallet or Localbitcoins account or i might forget my password because i`m stupid.
You don't really keep your bitcoins in an online wallet or at an exchange, do you?
Always keep your coins safely offline in paper wallets. If you never expose your private keys to the internet, your coins can never be stolen.
...I sold everything yesterday...
You have my deepest sympathy. Better buy back as soon as possible before the price continues to skyrocket.
Next time, don't sell, hold. Selling is a sucker's game.
February 25, 2017, 12:15:34 PM
My personal strategy right now is all coming down to playing the market and buying when it goes low, selling when it goes high and hoping that I never really get caught out in a bad position.
So far it has been working relatively well, but since there is a bit of a downtrend right now I'm exploring more shorting options.
I don't know how effective it's going to be, but so far I'm not poor so that's nice.
So far it has been working relatively well, but since there is a bit of a downtrend right now I'm exploring more shorting options.
I don't know how effective it's going to be, but so far I'm not poor so that's nice.
February 25, 2017, 12:06:48 PM
unlikely to be approved. The US doesnt like Chinese control of the market.
this is not true anymore because after the government new policy and their exchange money freezed they have not any sort of manipulation on the market, go check the volume japan is leading above chinese, and chinese only control the mining activity now
February 25, 2017, 11:33:18 AM
Thats true, and thats exactly why its time to jump in again. I sold everything yesterday because i saw this little dump from a mile away. And 11 march the dump will be even more. Atfer that dump the price will slowly increase to 2k at the end of the year are my predictions. I expect an dip to $950.
February 25, 2017, 11:29:02 AM
So maybe it it time to change my strategy to buy & hold + buy more After the ETF dicision I will stop selling my coins for a couple years at least. What do you guys think ?
Every bitcoin users have betting on 11 march, Does SEC approve bitcoin or not. So about your strategy it looks like the current condition is unpredictable, but most of the speculators are saying if there are a lots of chance for SEC try to give a delay again about ETF decision. 
February 25, 2017, 08:36:20 AM
Buy and sell trading is too dangerous for me here!
I mean there is nothing in btc history that allows you to predict what's going to happen...
Too dangerous I wouldn't take the risk!
Better just hold what I got ^^
I mean there is nothing in btc history that allows you to predict what's going to happen...
Too dangerous I wouldn't take the risk!
Better just hold what I got ^^
February 25, 2017, 08:22:53 AM
My strategy is to Buy&Hold
Eth and BTC only .
Eth and BTC only .
February 25, 2017, 08:21:52 AM
Guys, i always bought & sold and bought back. With this strategy I made quite some nice profit. Big dumps like before less likely (PBOC defeated, no Gox anymore, increasing demand etc ) . So maybe it it time to change my strategy to buy & hold + buy more After the ETF dicision I will stop selling my coins for a couple years at least. What do you guys think ?
My strategy is to Buy&Hold till the price is high enough that I can sell a part of bitcoin to get even with the amount I bought and still have some bitcoin remaining, I think this is the best way to make profit as the bitcoin that I have saved is gonna increase in price and whenever I require I can sell it if necessary and get a pure profit of whatever I sold. 
February 25, 2017, 07:58:55 AM
the best strategy is always to buy and hodl
these ETF are coming and going, it is only bitcoin that stays
it is like yesterday when people were arguing about price going lower than $900 or not and now we bid to 3 digits adieu!
If the last month has proven anything it is that the Chinese have no control over the market. They have lagged behind in price the whole time, and haven't led ant dumps or breakouts. China's influence is over and done with.
to be 100% accurate, the Chinese influence has never changed. they still have their size. but this size is not as small and non existent as what most people think these days and it certainly is not as huge and unrealistic as people thought back at the time of fake volume.
we can't deny the fact that Chinese ore big traders and they are investing in bitcoin. but it is not as people show and say "China controls bitcoin" that is just bullshit to build FUD on.
these ETF are coming and going, it is only bitcoin that stays
it is like yesterday when people were arguing about price going lower than $900 or not and now we bid to 3 digits adieu!
unlikely to be approved. The US doesnt like Chinese control of the market.
If the last month has proven anything it is that the Chinese have no control over the market. They have lagged behind in price the whole time, and haven't led ant dumps or breakouts. China's influence is over and done with.
to be 100% accurate, the Chinese influence has never changed. they still have their size. but this size is not as small and non existent as what most people think these days and it certainly is not as huge and unrealistic as people thought back at the time of fake volume.
we can't deny the fact that Chinese ore big traders and they are investing in bitcoin. but it is not as people show and say "China controls bitcoin" that is just bullshit to build FUD on.
February 25, 2017, 07:29:28 AM
For me I think your strategy was quite good enough as it is now. Buying more then holding is not that of a good choice yet since right now the price is high and there is still the possibility that bitcoins price will dump so for me the best strategy right now is what you are currently doing now OP buying at dump and selling at pumps and high prices like what we see now. This ain't the new floor price yet so let's wait for that for it to stabilize at that before buying more again.
The best strategy is to buy and hold. Don't sell unless you absolutely must.
Every coin tucked away offline in a paper wallet reduces the supply available to those who wish to buy, whether it be to actually use them or merely gamble ("trade") with them.
Less supply = higher price.
Every coin tucked away offline in a paper wallet reduces the supply available to those who wish to buy, whether it be to actually use them or merely gamble ("trade") with them.
Less supply = higher price.
There are people who buy bitcoins offline,so i can`t agree with this "less supply=higher price" thing.
Bitcoin supply isn`t reduced,the mining continues.Btc demand is increasing.
The buy and hold strategy is the best,but i`m too afraid to hold my bitcoins for a long time.
Anything can happen,someone can hack my wallet or Localbitcoins account or i might forget my password because i`m stupid.
The best strategy is to buy and hold. Don't sell unless you absolutely must.
Every coin tucked away offline in a paper wallet reduces the supply available to those who wish to buy, whether it be to actually use them or merely gamble ("trade") with them.
Less supply = higher price.
I agree, if you need to sell then sell, but if you can hold then by all means do it, since at the time it seems bitcoin can go in a long rally and it is a good idea to try to be in it for the most time possible. Every coin tucked away offline in a paper wallet reduces the supply available to those who wish to buy, whether it be to actually use them or merely gamble ("trade") with them.
Less supply = higher price.
We make the network of money for the next 30 years.
This 8 years, it's nothing.
And it's good.
The best strategy is to buy and hold. Don't sell unless you absolutely must.
Every coin tucked away offline in a paper wallet reduces the supply available to those who wish to buy, whether it be to actually use them or merely gamble ("trade") with them.
Less supply = higher price.
Every coin tucked away offline in a paper wallet reduces the supply available to those who wish to buy, whether it be to actually use them or merely gamble ("trade") with them.
Less supply = higher price.
the best strategy is buy and sell, if profit sell it
because use this strategy can compound system
because use this strategy can compound system
unlikely to be approved. The US doesnt like Chinese control of the market.
If the last month has proven anything it is that the Chinese have no control over the market. They have lagged behind in price the whole time, and haven't led ant dumps or breakouts. China's influence is over and done with.
unlikely to be approved. The US doesnt like Chinese control of the market.
in general and after all i have done i always end up buy and hold bitcoin and take some of the profit out.
at this point i think it is a good idea to only buy and hold at least until the ETF fate is determined if it is accepted then good. if not you can sell some then and buy back again with more profit.
at this point i think it is a good idea to only buy and hold at least until the ETF fate is determined if it is accepted then good. if not you can sell some then and buy back again with more profit.
Guys, i always bought & sold and bought back. With this strategy I made quite some nice profit. Big dumps like before less likely (PBOC defeated, no Gox anymore, increasing demand etc ) . So maybe it it time to change my strategy to buy & hold + buy more After the ETF dicision I will stop selling my coins for a couple years at least. What do you guys think ?
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