Topic: Bitcoin - Is HODL the only strategy? (Read 683 times)
Its urgnt stratgy for thee newbis and unskilld crypto lover to HODL an inrse rypto by staking.It is btter if you'll learn about that, beyond any doubt you may see numerous ways to develop your bitcoin sum. But you have got other choices such as loaning your bitcoin to dealers within the trades and indeed in the event that the return isn't much, I think that's worth doing as long as you know how much bitcoin you need to loan to them. It can help, you are doing not got to do numerous things and as it were observe the rate or the return regularly.Also learn to know about low cap coins with great future and HODL till reach to the moon.
I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.
I believe you are already doing the best strategy for Bitcoin which is HODL.
That gonna be a case-to-case basis as I hold when the market dumps but later when it recover back, I just sell them. I think, Holding is an option, we can make a trade, staking and etc...if we wanted to earn more. It is only finding a way where you can assure that you won't lose but instead of profit.
But if we don't have skills like trading, then it has no choice but just to hold until we decide to sell. As I've said, holding alone doesn't give you much unless you bought a lot of Bitcoin or potential altcoins.
True that. only if you really understand trading then that is another way for you to accumulate on Bitcoin but this is also the easiest way for you to lose your Bitcoin Hodlings too. I don't stake Bitcoin and don't think it is a wise choice but just to HODL till the price is right. But if we don't have skills like trading, then it has no choice but just to hold until we decide to sell. As I've said, holding alone doesn't give you much unless you bought a lot of Bitcoin or potential altcoins.
That gonna be a case-to-case basis as I hold when the market dumps but later when it recover back, I just sell them. I think, Holding is an option, we can make a trade, staking and etc...if we wanted to earn more. It is only finding a way where you can assure that you won't lose but instead of profit.
But if we don't have skills like trading, then it has no choice but just to hold until we decide to sell. As I've said, holding alone doesn't give you much unless you bought a lot of Bitcoin or potential altcoins.
But if we don't have skills like trading, then it has no choice but just to hold until we decide to sell. As I've said, holding alone doesn't give you much unless you bought a lot of Bitcoin or potential altcoins.
You are right. You can't stake bitcoin and earn rewards. Platform that allows you to "stake" bitcoin isn't actually staking your coins. They are just using your coins to perform their operations and they give you a return. More like you are lending them your coins, and they give you back profit. It's risky. Once you give it to them, you are no longer the owner of the coins. If they lose everything, you lose everything. So holding is the only strategy to make profit in the long run. It is the safest option too because in the long run, you will be making profit. Trading is another option where you can take advantage of the volatility. But you have to be very active and the risk should also be considered.
Staking coins for the most part is pretty risky. All this DeFi stuff is not sustainable at it's current levels, so first off you want to make sure that you are okay with that..because things could come crashing down at any time. When it comes to bitcoin, my personal suggestion would just be to hold long term and let things ride out. As I always state, one must make sure they've got a well rounded portfolio with traditional assets first and foremost.
Holding bitcoin is the right and safer option, because bitcoin will not collapse just like that, unlike the altcoin Defi which can collapse at any time. A healthy portfolio is a portfolio that holds coins that have good potential in the future.Hold is a good strategy to get maximum results.
but trades must also be made to profit from any price fluctuations that occur.
It's not the only strategy. But for me I'd rather hodl than trade because I have no idea how to do it and I feel anxious doing something I don't really know well.
Long-term holding is definitely the most effective investment method, and the principal can be withdrawn gradually, which is relatively conservative.
If you do go for 2x profits then it cant be possible but if not then Bitcoin would be the best choice and some people dosnt really like that kind of profits on a very long prospect or situation or time thats why they do opt on dealing with altcoins which could still give out 2x-10x
even to those low cap coins which could provide out even more multiplier. HODL is a good strategy but it would be sensible
that you would really go for other options to take.
Yes, just being patient and holding Bitcoin in the long term will give very promising returns. Judging from the current market price I prefer to hold and buy rather than sell at a loss. From holding Bitcoin we will get a very large profit if the market price recovers.
Long-term holding is definitely the most effective investment method, and the principal can be withdrawn gradually, which is relatively conservative.
Yes, just being patient and holding Bitcoin in the long term will give very promising returns. Judging from the current market price I prefer to hold and buy rather than sell at a loss. From holding Bitcoin we will get a very large profit if the market price recovers.
I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.
binance has provided a place where you can stake your btc there, even though the APR is small but I think it's very suitable for those who want to hold their bitcoins for the long term, that's if you believe in storing your assets on an exchange. 
Staking coins for the most part is pretty risky. All this DeFi stuff is not sustainable at it's current levels, so first off you want to make sure that you are okay with that..because things could come crashing down at any time. When it comes to bitcoin, my personal suggestion would just be to hold long term and let things ride out. As I always state, one must make sure they've got a well rounded portfolio with traditional assets first and foremost.
Even the vaults that are deemed as safe, contain a pretty high risk factor. Despite investing mostly in stable LP pairs, I've had a near miss a couple of months ago, with one of Iron.Finance's contracts. Even though both coins were relatively stablecoins, after an exploit on Polygon, Iron lost significant value, while Steel was zeroed. Fortunately, I was in Binance Smart Chain, and it wasn't directly affected.Currently, I'm staking through Pancakeswap, USDO - BUSD, it's thought to be a relatively safe investment, without too much risk involved, however, as I've already mentioned, the risk is always there, rug pulls, exploits etc.
Staking coins for the most part is pretty risky. All this DeFi stuff is not sustainable at it's current levels, so first off you want to make sure that you are okay with that..because things could come crashing down at any time. When it comes to bitcoin, my personal suggestion would just be to hold long term and let things ride out. As I always state, one must make sure they've got a well rounded portfolio with traditional assets first and foremost.
I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.
Hodl isn't the only strategy for Bitcoin. You can earn from Bitcoin through other means such as trading although you might not get the long term profit as the market volatility keeps moving up and down. To earn in a long term holding should be the only strategy. Just buy hold of the price drops buy more and hold since you have other portfolio where you still earn from you simply pay less attention to the price fluctuation Long-term holding is definitely the most effective investment method, and the principal can be withdrawn gradually, which is relatively conservative.
Well holding is not the last and only strategy but it is the best one of you want to gain a lot from bitcoin.
To hold it for long term can give you a lot more profit then you have ever thought
To hold it for long term can give you a lot more profit then you have ever thought
You have several types of Alt and you are betting for the long term, with big gains. this is a good idea, there is nothing wrong with this strategy and you can use it on Bitcoin. I have a general view when looking at price movements in the market and this is common with all types of altcoins. when bitcoin goes up, all Alt follow up. there is even confusion for every trader to choose which Alt to invest. I think bitcoin is the main choice as a long-term investment, the rest you can choose other types of Alt as your next investment.
Holding is not the only strategy. The idea is to buy low and sell when price goes up and then wait to buy when it dips again. That's my strategy.
it's a good strategy and in general investors and traders often do this strategy. In addition, we must also have patience so that we are not afraid if the market crashes. We must be able to control our emotions so that we are not greedy, if we can control our emotions then we can also find the right time to buy and sell Bticoin.
Like now we can buy Bitcoin and Altcoin when the market price is collapsing. Then we just have to wait for the market price to go higher, if the market price has gone up, it's time to make a profit.
Yes that's right, trading isn't an easy task or job to do because chances are it would make you greedy, that's why maintaining your emotions in a calm state is a must to avoid some losses in the future and to avoid mistakes. Aside from that, I joined a signature campaign in this forum to receive extra bitcoins weekly because it's all the time I can afford for now.
investing in crypto is sam like the other, how long you can hold your desire to sell your stuff, but it doesnt mean you cant do anything with your coin. you can trade your coin every price give you profit, thats why you must separate your main fund with other. the main you can hold for a long time, and the other you can trading or following new crypto, who give you a choice, planning for short or a long time.
if we do not have sufficient knowledge in terms of trading, I think investment is a suitable choice for beginners. but it also has the consequence that we risk it in the long term so that we can make a profit later. High volatility makes many novice investors panic sell and end up losing money, they don't get what they want
Panic will only result in loss. Beginners who have just started trading are very likely to panic, due to lack of knowledge and unprepared psychology when trading.holding back will be a better choice than having to sell at a low price which will result in a loss. The high volatility of bitcoin will make the price change faster, so it's just a matter of waiting and selling at a higher price to make a profit.
Hodl is not the only way but I think it's the best way because Bitcoin takes a long time to go up or down so it's a good idea to apply the long term method or hodl. But on the other hand you can still trade with short terms, you must monitor market conditions as often as possible. But you will not get as much profit as when you do hodl, the advantage is that you will get profit faster when doing short term.
if we do not have sufficient knowledge in terms of trading, I think investment is a suitable choice for beginners. but it also has the consequence that we risk it in the long term so that we can make a profit later. High volatility makes many novice investors panic sell and end up losing money, they don't get what they want
Jump to: