Topic: Is Buy and Hold Really the Best Strategy in Crypto? - page 3. (Read 3465 times)
if you dont have knowledge and time to do daily trading, then hodl is your best strategy.
In case of Bitcoin the best strategy is holding the most of it, while selling a part on the rise and then buying the dip. Takes time to practice enough not to lose too much though 
If you have a good idea about the crypto market then it is possible to acquire the best strategy by buying and selling coins. To do this you need to know about the market and verify and hold the currencies. This is a very good move for big traders but buying BTC and Ethereum coins in the crypto market can make a profit from now on if the price goes up it is not right to hold for too long.
Trading always requires basic knowledge of what you trade and how you use it. There are different strategies for you to earn profit in cryptocurrency but it is not always the best. Choosing the strategy for gaining a profit will be all depending on the user, We do all have a different environment and this environment greatly affects how we interact with crypto. The knowledge, experience, capital, and other factors are needed for you to identify the best strategy for you to make a profit in the market. If you are thinking of long term investment, if you have that amount of patience, then this method is better than this one. Following this method will reduce your risk of losing money. You invest in a good company and after a certain period of time you sell it and earn some good money. It's a long time coming. When you arrive at the right time, you can sell it and make some good profit.
I think this is a very important point, we must remember that when it comes to the markets there are for the most part two different approaches, there are those that want to obtain profits no matter the cost and for that they are willing to take huge risks in order to achieve their goals.But there is also another group which are the ones that want to obtain profits from the markets but by taking the smallest risk possible and try to avoid losing their capital by all means available to them, and for those people holding their assets for the long term is the best way to make money in almost any market.
buy and hold is a good strategy in crypto surely there is no doubt. but before buying any cryptocurrency,you need to do a lot of research. buying shitcoin will be waste of money and time also.so you have to choose some good project with a strong team and with a good product.personally i suggest to buy and hold bitcoin and ethereum.
also if you have technical knowledge,than you can do regular trade with your crypto. for this you dont need buy and hold,just buy and sell regularly following your trade setup. in this way you can also make easy money. but its not so easy.at trade you can also lost a lot
also if you have technical knowledge,than you can do regular trade with your crypto. for this you dont need buy and hold,just buy and sell regularly following your trade setup. in this way you can also make easy money. but its not so easy.at trade you can also lost a lot
If you have a good idea about the crypto market then it is possible to acquire the best strategy by buying and selling coins. To do this you need to know about the market and verify and hold the currencies. This is a very good move for big traders but buying BTC and Ethereum coins in the crypto market can make a profit from now on if the price goes up it is not right to hold for too long.
Buy and Hold strategy is suitable only when we buy crypto on cheep price, If we buy at high and price dumps and we wait for our buying price,I think it is not good strategy. Holding is for those peoples who have large amount of investments, Small traders like us have to look kitchen budget and want monthly earning.
If you are thinking of long term investment, if you have that amount of patience, then this method is better than this one. Following this method will reduce your risk of losing money. You invest in a good company and after a certain period of time you sell it and earn some good money. It's a long time coming. When you arrive at the right time, you can sell it and make some good profit.
I have to find risk in a long-term investment but if we have just wanted to save and invest only, I have to agree with you by then. But of course, we need to check also and track it from time to time in order to be aware of what is happening.Just like buying Bitcoin today and hold for about 2 years or more, this will not guarantee that makes us profitable unless if you are buying bitcoin when the market is in the dip.
If you are thinking of long term investment, if you have that amount of patience, then this method is better than this one. Following this method will reduce your risk of losing money. You invest in a good company and after a certain period of time you sell it and earn some good money. It's a long time coming. When you arrive at the right time, you can sell it and make some good profit.
That is what a trader usually do or the holder of course if you think that your coin you purchase is a potential coin you do not need to trade it to other coin because you gonna do is hold it for now depende what coin is best to keep because the real profit is if the coin you have is potential. We have different startegy we use in trading so depends what is gonna fit to you there is no wokrs for others but good in you .
If you’re confident that the cryptocurrency you chose to invest in are long-term winners and just want to invest, HODL could be a good option. The thing is, when go for long term investment you have to go big also, to get reasonable profit and that increases your risk at the same time. You can wait as long as you want to but risk still will be there existing.
If you have enough spare time to invest, gain sizable returns in a short period of time, and confidence in your ability to analyze, then trading in short term better choice. You can day trade in small amounts gain experience and knowledge with little risk. Only thing you need is time actually, but you can minimize this disadvantage in a great way with automated trading.
This is why if you choose to go with the strategy of holding your coins you make sure that you pick a good coin, and in this market it is clear which is the best coin we can pick and that is bitcoin, there are other coins that are good but that have nowhere the long term potential of bitcoin.If you have enough spare time to invest, gain sizable returns in a short period of time, and confidence in your ability to analyze, then trading in short term better choice. You can day trade in small amounts gain experience and knowledge with little risk. Only thing you need is time actually, but you can minimize this disadvantage in a great way with automated trading.
Which is why when I see a newbie claiming that he is holding his coins for the long term but he decided to pick an altcoin no one has ever heard I try to open their eyes to the point holding only works if the coin you selected has a high chance of surviving for many years which as we know this is not the case for the majority of the altcoins in the market.
really indeed a gamble if you do make out such decisions.Also, holding for too long isn't really my forte yet im not really that patient enough to wait up for long to see some profits after that.
Its better to have some active trading instead.
If you’re confident that the cryptocurrency you chose to invest in are long-term winners and just want to invest, HODL could be a good option. The thing is, when go for long term investment you have to go big also, to get reasonable profit and that increases your risk at the same time. You can wait as long as you want to but risk still will be there existing.
If you have enough spare time to invest, gain sizable returns in a short period of time, and confidence in your ability to analyze, then trading in short term better choice. You can day trade in small amounts gain experience and knowledge with little risk. Only thing you need is time actually, but you can minimize this disadvantage in a great way with automated trading.
This is why if you choose to go with the strategy of holding your coins you make sure that you pick a good coin, and in this market it is clear which is the best coin we can pick and that is bitcoin, there are other coins that are good but that have nowhere the long term potential of bitcoin.If you have enough spare time to invest, gain sizable returns in a short period of time, and confidence in your ability to analyze, then trading in short term better choice. You can day trade in small amounts gain experience and knowledge with little risk. Only thing you need is time actually, but you can minimize this disadvantage in a great way with automated trading.
Which is why when I see a newbie claiming that he is holding his coins for the long term but he decided to pick an altcoin no one has ever heard I try to open their eyes to the point holding only works if the coin you selected has a high chance of surviving for many years which as we know this is not the case for the majority of the altcoins in the market.
The buy and hold strategy is the most common strategy being used by everyone most specially for the starters for its basic concept to buy when the dip comes and hold for a while and wait for the profitable turning point when the pump comes along. There are lots of strategies on trading in the crypto market and buy and hold is just one of them which why I could say that it is not literally be the best strategy for I think there is no definite or standardized strategy to be claimed as the best. We all do have our strategies which is dependent on the approach that the trader wanted to exert on his trades so basically there is no best strategy suitable for everyone, maybe for an individual it could be possible based on his point of view or perception.
The most important thing is that you buy it when the bitcoin price is low and make the purchase gradually while watching the bitcoin move and hold it for as long as you like.
but in my opinion, making long-term investments without a time limit is a good choice for bitcoin and to avoid worrying when things go down and it's just a matter of waiting for bitcoin prices to rise according to the price and profit you want even if you have to wait a long time.
and patience plays an important role when you are waiting for the highest price and the belief that bitcoin will always make a good profit.
but in my opinion, making long-term investments without a time limit is a good choice for bitcoin and to avoid worrying when things go down and it's just a matter of waiting for bitcoin prices to rise according to the price and profit you want even if you have to wait a long time.
and patience plays an important role when you are waiting for the highest price and the belief that bitcoin will always make a good profit.
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!
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!
some are really earning big for holding coins since 2015, some long term investors too just don't care if it goes up or down, they will hold it for a year or more, because they have the patience to wait
It is the best strategy for newbies. But when you're in crypto sphere for some more time, you also can try trading. It's fun.
It's indeed fun and very exciting to be a trader in crypto because the profits are big but the losses are too although the frequent market change can be funny but for people who trade high amounts actually feel stressed when the market is going bearish because they are loosing real value in real time and can do nothing but hold on and hope the bad time will pass. I recall the incident where in March a friend of mine held as much as he could but at around 5k value he actually sold his coins and I cannot blame him because anyone would be sweating and tempted to cash when the market falls by 50% value and more aided by the pandemic it seemed like the end of bitcoins by many experts.Holding requires a skill that is called "patience" and buy only that amount of assets which you can afford to loose, lie they say in gambling holds true for trading/investing too at times.
It is the best strategy for newbies. But when you're in crypto sphere for some more time, you also can try trading. It's fun.
Best also for not newbie anymore. It's working perfectly for me. I have the tolerance to see the value go down and happily would wait to see the value as I hold go up. May not work for others but it is as it is and I really like holding.
And I think it's one of the best as long it works for me.
I agree with you, that holding is not only the best strategy for newbies. But for all those who have patience.
Because the key to the success of holding is patiently waiting until the sell target is reached, if we can't be patient,
don't use holding coins strategy. Because I'm one of those people who can't be patient, so holding coins didn't work for me.
You should understand that if you bought at a high price, such as bitcoin in early 2018, it is not the best strategy!
And if you bought in March-April, then of course it will be good as an investment!
And no need to be greedy and wait for super profits!
Buy and hold is the strategy that wont make you stress. I mean one time buy at the deepest price then holding it for long term. But make sure you choose the legit one and not the fake project. Day trading is the most stressful job and it will badly affect your health if not manage properly so i think buy and hold is better compared to day trading but please choose the best and legit project to worth the wait.
Completely agreed because day trading seems simple from outside but once you start doing it with real money you will be snatching your hairs daily because the movement from coins is so un-predictable and a coin you believe will increase might become dust by the night.I actually think buying and holding is great but only for the big coins like BTC, ETH and maybe tron now a days as I really like the development they are doing behind the scenes. There are various DeFi coins as well which are worth investing but then again you might not want to invest in those because they usually have a short life-span and having the knowledge when to sell is very important so yeah holding is good but have the courage and faith to sell at the right time.
It is the best strategy for newbies. But when you're in crypto sphere for some more time, you also can try trading. It's fun.
Best also for not newbie anymore. It's working perfectly for me. I have the tolerance to see the value go down and happily would wait to see the value as I hold go up. May not work for others but it is as it is and I really like holding.
And I think it's one of the best as long it works for me.
I agree with you, that holding is not only the best strategy for newbies. But for all those who have patience.
Because the key to the success of holding is patiently waiting until the sell target is reached, if we can't be patient,
don't use holding coins strategy. Because I'm one of those people who can't be patient, so holding coins didn't work for me.
Daily trading is good but I don't think that I'm born for that so I choose to remain a holder. So you are now a daily trader and it works perfectly for you?
What coins you trade?
It is the best strategy for newbies. But when you're in crypto sphere for some more time, you also can try trading. It's fun.
Best also for not newbie anymore. It's working perfectly for me. I have the tolerance to see the value go down and happily would wait to see the value as I hold go up. May not work for others but it is as it is and I really like holding.
And I think it's one of the best as long it works for me.
I agree with you, that holding is not only the best strategy for newbies. But for all those who have patience.
Because the key to the success of holding is patiently waiting until the sell target is reached, if we can't be patient,
don't use holding coins strategy. Because I'm one of those people who can't be patient, so holding coins didn't work for me.
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