Is Buy and Hold Really the Best Strategy in Crypto?

rodskee

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Quote from: GreatArkansas on August 26, 2020, 07:24:49 AM

Buying and hold are just an alternative of day trading. There are still risks when you buy and hold it for how many days/months/years.
If you also planning to sell what you bought before, it's still trading but it's just really takes too much time, compared to day trading which for me there is much more risk compared to buying and holding it for a long time.

Well yeah we have our own style and strategy , Others loves the fast movement of Day Trading , faster to lose and faster to win.

- Others choose HODL, Safe for waiting and safe for time consuming.

- While others are trying to Arbitrage ( But for me this is the riskier way of trading)

But what ever we chooses , what is the most important thing is that we will able to Risk and profit , if the value stagnant then let it be and go to the next one.

Luqman

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Depends on the situation. If it is in a correction or bearish season, buy & hold can be the best strategy. It is the best time to buy, then usually people will hold the tokens on the wallets and wait till the bullish trend's coming. While if it is in a bullish trend, for me scalping is better to optimize the chance to gain profits in each momentum of the raise. If you use the buy-hold strategy for the long term in the bullish trend, then you will be frustrated because after the bullish will come the bearish season. In the bearish, crypto coins will be decreasing their values for months or even years.

South Park

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Quote from: cyriljundos on February 18, 2021, 09:11:45 PM

buying coin and holding it is one of the basic in alt coin trading. there is an advantage and disadvantage when it comes to buy and hold. the advantage is when you buy a specific coin and hold it for long term you may gain higher % of profit when it pumps but the disadvantage of that is losing your money if that specific coin got dump. for me when it comes to trading you need to think and analyze all the angles and techniques on how you will gain profit and earn more percentage.

Buying and holding is a strategy for bitcoin only, you can execute it with altcoins if you want but that is at your own risk, altcoins are way more volatile and the risk the coin disappears before you make any profits is very high, if you compare this to bitcoin in which the chance that it disappears is zero and as long as you hold your coins for a few years the probabilities you make profits are almost 100% then there is no comparison, holding is the perfect strategy if you have bitcoin but if you hold anything else then it is incredibly risky and not worth your time.

cyriljundos

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buying coin and holding it is one of the basic in alt coin trading. there is an advantage and disadvantage when it comes to buy and hold. the advantage is when you buy a specific coin and hold it for long term you may gain higher % of profit when it pumps but the disadvantage of that is losing your money if that specific coin got dump. for me when it comes to trading you need to think and analyze all the angles and techniques on how you will gain profit and earn more percentage.

Sinjokubhi

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Sinjokubhi

Quote from: deandree on August 26, 2020, 05:58:50 AM

Some people say that Buy and Hold is the best strategy and can't be beaten. They hear phrases like “95% of traders lose money” and automatically assume that all trading is bad and markets can not be outperformed.

In my Medium post, I’m going to show you, that holding might not be the best option if you put in a little bit of work. To do that, I compare Buy and Hold returns for 25 coins with several basic trend-following strategies in different time periods (over 3.5 years of data and then a little extra).

READ THE POST HERE!

The source code of strategies and raw test results (CSV) is pushed to my Github.

Let me know what you think! Thanks!

Yeah, buying currency and holding it is not always the best choice, if we see it is simple and easy, we just have to buy or invest our money and hold it until the money will increase, then sell it if it feels enough to increase at the desired price.

Even though it looks so easy, it is precisely this long term that needs to be reconsidered, because there are unexpected risks that will await in the future that we really don't want, but we also have to think about it and anticipate it so as not to experience losses.

Buying currency to invest in the long term does not always produce satisfactory results, because we do not know what will happen the next day, the next day, and so on. The problems that cause a currency's value to decline are certain. Therefore, before buying there are times when we have also prepared ways to anticipate it.

Wipeout2097

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Exchanging is beneficial and day exchanging is more beneficial than anything in this world so day dealer are assumed to be the wealthiest individuals of this world but what is the reality behind it,Long term holders are the one making the benefits in reality since it isn't conceivable to form cash continually from exchanging so the net benefits at the conclusion of a long time will not be rises to to the benefits made from essentially long run holding till get expected maximum profit.

jasonjm

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Buy and Hold is the best strategy in the crypto market, buy low, and sell high. But for this altcoin in which you are investing must have potential. This strategy works best for BTC, ETH, and few other coins. The majority of the time it is batter to invest in a coin when it is listed on the exchange and sell it at the first pump.

zanezane

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Quote from: cheezcarls on January 02, 2021, 12:28:41 PM

It depends on how strong is your belief towards Bitcoin or a certain altcoin. Like me of course, I am not a day trader but I rather buy and #HODL some cryptocurrencies. I am not saying it's the best strategy though, because no strategy is perfect as it always depends on market manipulation where buyers and sellers are playing the game. We are just lucky to buy some while it's cheap and hold it for a long time, like what is happening to Bitcoin, Ethereum and other cryptocurrencies these days (not a Ripple fan here). Risk management in both time and money is the real game here.

There is more to buy and hold than having faith in the coin that you are holding, it actually helps you get a golden goose that you can get your gold anytime you want. Holding also helps you decrease your risk of losing your profit (for bitcoin in my opinion), especially if you are new to trading and you do not have a mentor or you are just naïve about trading. It also does not take much of your time as you are not busy watching the market every minute, you can do other things that will stream more cash flow.

Twinkledoe

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Quote from: ARNishad_45 on January 03, 2021, 10:07:26 PM

Basically it depends on the potential of the coins which you have in your portfolio, every trader has different targets strategies to achieve his targets, so you should try to trade in your style.

If your porfolio has shitcoins & you are expecting to get 2x , 3x or upto 10x or more, this could happen but not all the times. It is better to buy some great potential coins(whose team is working very well) then this strategy can give you a good profit......

I have confidence on alts with actual use case rather than coins that are merely existing because of price manipulation. And we know that a lot of alts are just for short gains. The buy and hold will only be true for me when it comes to btc and eth. But with the other alts, you need to be very cautious in holding them for long-term.

ARNishad_45

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Basically it depends on the potential of the coins which you have in your portfolio, every trader has different targets strategies to achieve his targets, so you should try to trade in your style.

If your porfolio has shitcoins & you are expecting to get 2x , 3x or upto 10x or more, this could happen but not all the times. It is better to buy some great potential coins(whose team is working very well) then this strategy can give you a good profit......

cheezcarls

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It depends on how strong is your belief towards Bitcoin or a certain altcoin. Like me of course, I am not a day trader but I rather buy and #HODL some cryptocurrencies. I am not saying it's the best strategy though, because no strategy is perfect as it always depends on market manipulation where buyers and sellers are playing the game. We are just lucky to buy some while it's cheap and hold it for a long time, like what is happening to Bitcoin, Ethereum and other cryptocurrencies these days (not a Ripple fan here). Risk management in both time and money is the real game here.

Imran232

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This strategy is for that type of crypto users who dose not know about trading, who can not trade or who dose not know how you can increase your profit soo far. You know what crypto is a open source way to generate profit. Here has lots of way like trading, staking, farming, mining. And the most popular thing and the fastest profit generating way is trading. Though it is also the most toughest for beginner. It is not suitable for beginners. Only expert people who has known about trading how to trade? How it works, how to analys technical thing in crypto? It is also most riskiest part in crypto that is why it is fastest profitable thing. Though at the beginning of your journey no one suggest you to risk about your money that is why expert suggest begineers to buy and hold crypto. In this time you just learn everything and every part of crypto. Thats it.

create_crypto

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Quote from: deandree on August 26, 2020, 05:58:50 AM

Some people say that Buy and Hold is the best strategy and can't be beaten. They hear phrases like “95% of traders lose money” and automatically assume that all trading is bad and markets can not be outperformed.

In my Medium post, I’m going to show you, that holding might not be the best option if you put in a little bit of work. To do that, I compare Buy and Hold returns for 25 coins with several basic trend-following strategies in different time periods (over 3.5 years of data and then a little extra).

READ THE POST HERE!

The source code of strategies and raw test results (CSV) is pushed to my Github.

Let me know what you think! Thanks!

https://i.postimg.cc/wxkFKGvQ/1-med10-profit-Jan2019-Jul2020-2020-08-24-13-24.png

Yes, most of time "buy and hold", is a strategy, that came for whose who bought and price later getting upset.
If some coin will rise 3-10x times, you sell it and happy.

But if coin fall in 3-10x times for a lot of people that just mean that they now must hold intill price will return.

That`s why this meme massivly become on crypto scene, after highs of December 2017 - January 2018.

martina14

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According to my observation here in cryptocurrency, there are different kinds of investors here in this industry.
There are some investors who will buy coin only because they had been hyped by someone and became greedy to earn big
even without any idea He/She entering at, then other investors are long term holders, day traders, Swing traders and more.
In short, in crypto trading Hold is not all the time to do it. This is only include for the real potentials coin in the market.

fauzan123

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Quote from: ScamViruS on December 27, 2020, 01:15:10 PM

Buy and hold is another way to make a profit in the crypto market. However, there is also a lot of risk to your fund loss, because like day trading, you have to buy at the right time using your crypto knowledge. If you can't buy at the right time to make a long hold, it will be impossible to make a profit from that coin. It would be risky to buy a coin's ath without using your crypto knowledge properly.

Something that is said to be a loss will always exist in a business, of course this is also included in crypto itself, therefore there is a lot of discussion about how best to get maximum results with trading and HODL.

Of course, it must also be based on the right references, so that when we really want to invest a certain amount of funds for HODL in crypto, we already understand how the potential of crypto is so that the income that can be achieved will also be maximized.

Bitcoin577

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If you choose a good currency coin and there are great chance of project growing in future than we can say that buying this coin and holding is best strategy. Its totally depend on a coin which you choose for a buying.
I always choose top 100 currencies for holding because there are very low chance of loose if price goes down in market , recovered in very short time. And good point of view is that these coins have some great ideas for their coin price pumping.
Bitcoin price gowing up at very high rate, similarly Eth goes 750$+ and hope will touch 800$ soon. Other top coins are also made their way . cryptocurrency is the name of holding. Withoult holding we cannot achieve a great benefit. But suitable time,experience and tradung rule are important

Mkmanik

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There is no doubt that buy and hold is one of the good strategies in crypto. But for this, you need to do research about the project where you want to put your money. Without the proper knowledge, it's not safe to make an investment. We all know that investments in crypto are very risky and we may be lost all of our capital here.

buy bitcoin as much as you can, it's safest to invest for the long term surely. also buy ethereum, it's the queen of altcoins. bitcoin already pumps a lot and I believe now ethereum will pump hard. if you want to buy and hold try to do an investment in some legit coin. good luck

Issa56

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From the little experience am having I think everybody is having different strategy that work for them just do your research and do what pays you must, as for me I really believe buying and holding is the best strategy for and that's what have been using and is really working for me!!!

globalpain

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buying crypto currency at low prices and trying to hold long term is indeed very good, because it is very efficient and precise, yes it is like an investment only we have to pay attention to market conditions in real time, for me that's a good strategy, so do it before everyone goes to moon

Tahsin Kabir Kollol

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I do not think that buy and hold is the best strategy in cryptocurrency. This only applies to those who have money but no experience or idea about the cryptocurrency market. If you have experience in cryptocurrency and have good skills in market analysis, you can gain even more. Market analysis is the process of buying from the potential stages and analyzing the process of market growth for a certain period of time. However, in this case, without proper analysis, it may not be possible to achieve maximum profit but to make more profit in a short period of time and take advantage of the opportunities created by market fluctuations.

Topic: Is Buy and Hold Really the Best Strategy in Crypto? (Read 3465 times)