Is Buy and Hold Really the Best Strategy in Crypto? - page 4.

boyptc

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Quote from: jiellenw on October 02, 2020, 08:04:44 AM

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.

Ridwan Fauzi

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Quote from: jiellenw on October 02, 2020, 08:04:44 AM

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.

Depend, it will be fun if you know the every basic thing how to trade well. You will get money per day depend on your capital and yeah I feel it is something who are idolized by many people, you don't need to work and just focus on your trading system and build it to gain more profit.

But, don't try it when you don't know anything to trade. It will make you stress and loss all your fund. More than that there is future market who will make you have a bunch of capital but you spend a little money. The risk that will be face is really high, you could loss money in several minutes, so be careful with that. I agree that newbie is good if they hold the asset rather they try to trade it.

thecryptogandalf

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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.

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Quote from: Anyobsss on September 29, 2020, 03:08:20 PM

Quote from: deandree on August 26, 2020, 06:58:50 AM

~snip

Not the best but definitely the right choice if you're starting trading and still have no knowledge in technical and fundamental analysis. The 95 % of traders who lose money buy holding too much definitely does not keep track the coin they are holding. When you hold you should follow the social medias and TG group of the coin you are holding so you are always updated.

One of the ironies of holding is that it is the prefereed method of generating profits for newbies and experts alike, after all for newbies starting in this market it is a mistake to become traders right away as most likely they do not have the knowledge to do so, but once you become an expert in this market then most likely you will prefer a method that generates profits without having to do too much, so even if you recognize in trading a superior way to make money you will still choose the passive way of turning a profit.

But for those that are not newbies or experts on the topic trading is the best choice as at that time you will probably have enough knowledge about how the market works and the time to check the markets constantly and the will to keep up this for years and maximize your profits that way.

whyrqa

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Quote from: Adreman23 on October 02, 2020, 05:45:04 AM

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.

Most of all, the nerves are spoiled not only by trade, but also by investments in little-known projects, the prospects of which are in doubt. It seems to me that there will be no reason for concern if we take the top-rated cryptocurrencies for long-term investments. Most of all, the nerves are spoiled not only by trade, but also by investments in little-known projects, the prospects of which are in doubt. It seems to me that there will be no reason for concern if we take the top-rated cryptocurrencies for long-term investments.

Salauddin1994

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Quote from: jiellenw on October 02, 2020, 08:04:44 AM

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 to trade but know about trade first newcomers are more vulnerable to trade therefore it is better for newcomers to make long-term investments as well as investing one can learn a lot about the market understand the strategies easily so that there is no risk in later trading. The risk of losing is higher when trading in the beginning.

jiellenw

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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.

Adreman23

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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.

Flangler

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Quote from: deandree on August 26, 2020, 06:58:50 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!

It is easy to work on past data, try to do tis in live market and you will meet a lot of difficulties. How do we even know that crypo willl exist in 10 years?
So many thing could happen that day trading seems safer option beause there is lower chance than soemthing terrible will happen in few days than in one year like covid for example.

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Buy and hold is not really the best this is the safest thing we all know in trading it requires a lot of patience to make money. This kind of technique is commonly used for the people who just not rush anything and just taking time to earn and get their profit, if you want to make a short term trading this kind of technique won't effect also there is a specific coin which is good at this kind of investment if you want to get into buying and hold a coin I think the most effective to this on the bitcoin, I'm not saying am already professional on investment but mostly this is the time common things happen.
If you want to earn for a safe play is go for the buy low and sell high the same strategy that takes a lot of time and patience before you will get your profit.

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Quote from: whyrqa on September 26, 2020, 10:23:36 AM

You shouldn't buy low-rated riptocurrencies for long-term storage. It is best to invest in the top rated cryptocurrencies and after a while it will bring you a really very good profit. But in order to feel more comfortable, you need to have other sources of income, so that investment in cryptocurrency does not put much pressure on you and does not cause panic during a fall or strong fluctuation in the cryptocurrency market.

I don't know what you classify as "Low-Rated" cryptocurrencies but in most cases not all low-rated crypto are for short term, this certainly depends on our individual preferences but i believe there are many low-rated crypto that are actually under the radar, all we need is do a lot of digging to ensure that they are worth every scent of it,

And i do agree about sticking to top rated crypto in cmc because the good track record and been around for some years, so they are consider as safe investment, however, there are many undervalued crypto out there that are good for long term and can give good returns.

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Quote from: peterpanda on September 30, 2020, 11:14:26 AM

Quote from: chikading2016 on September 30, 2020, 07:24:12 AM

Buy and hold is a good strategy but it always depend on your patience and your ability to make a right timing on buying or selling. It sounds simple but if you are luck of patience you will surely loss a huge amount of profit. It needs fucos and learnings because crypto is always unpredictable and anytime the coin or the token price that you invested may rise and fall that is why it needs patience.

No one can say for sure when cryptocurrency fluctuates so you have to be patient until a good market to buy and sell at the right time.

In recent months it happened as you say that crypto is no longer a long-term investment but has changed to daily and short. how many times have gone up and down in just a matter of hours and days, if you can take advantage of this moment you can be sure you will not miss the profits in front of your eyes. but it is true that we must be patient and not panic quickly and always be faithful to see the movements which are always changing rapidly. and take appropriate action when we believe in selling or buying.

peterpanda

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Quote from: chikading2016 on September 30, 2020, 07:24:12 AM

Buy and hold is a good strategy but it always depend on your patience and your ability to make a right timing on buying or selling. It sounds simple but if you are luck of patience you will surely loss a huge amount of profit. It needs fucos and learnings because crypto is always unpredictable and anytime the coin or the token price that you invested may rise and fall that is why it needs patience.

No one can say for sure when cryptocurrency fluctuates so you have to be patient until a good market to buy and sell at the right time.

pinggoki

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Well, I don't think that Buy and HOLD was really the best strategy here in the crypto market because this is still can be risky sometimes. Besides, this also tests out our patience because sometimes it takes a lot of time before we hit the price we desire. Mostly this strategy was used by those individuals who don't have much time to make their own TA. Personally, I think this strategy works well depending on the volatility of the coins the less volatile the coin is the better to use it and vise versa, anyway it's just my opinion.

chikading2016

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Buy and hold is a good strategy but it always depend on your patience and your ability to make a right timing on buying or selling. It sounds simple but if you are luck of patience you will surely loss a huge amount of profit. It needs fucos and learnings because crypto is always unpredictable and anytime the coin or the token price that you invested may rise and fall that is why it needs patience.

AakZaki

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The best strategy is a strategy that matches one's own abilities. Day trading or buy and hold are some of the strategies to choose from.

Day trading is an important thing to learn because it will give you knowledge about trading so that you will understand technical analysis and fundamentals. this will get you in and out of the market in a timely manner.

Buying and holding is not that simple, it requires a mature strategy and buying at the right time.
Holding and buying don't target how long you hold it, but a good strategy is at what price you should sell it.

the choice is yours, choose the one that suits you better.

Anyobsss

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Quote from: deandree on August 26, 2020, 06:58:50 AM

~snip

Not the best but definitely the right choice if you're starting trading and still have no knowledge in technical and fundamental analysis. The 95 % of traders who lose money buy holding too much definitely does not keep track the coin they are holding. When you hold you should follow the social medias and TG group of the coin you are holding so you are always updated.

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Quote from: supine on September 29, 2020, 12:57:55 PM

I don't really know what could be the best strategy but for me it is the safest assuming on how crypto has been on the past.
And most of us believe that the crypto could still grow and in the future the price could get higher so for them buy and hold is the best strategy.
But I think we all have our own type's of strategy so everyone have their own decision on whats best.

Maybe also depends from how long you'll spend your time, if you have enough time to work from day to day buying and holding ain't the best strategy but if you don't have that time, it' better to continue investing for long term process, you won't be affected by any market movements if you plan to hold and sets the value that you wanted to sell out your aassets.

supine

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I don't really know what could be the best strategy but for me it is the safest assuming on how crypto has been on the past.
And most of us believe that the crypto could still grow and in the future the price could get higher so for them buy and hold is the best strategy.
But I think we all have our own type's of strategy so everyone have their own decision on whats best.

peterpanda

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Cryptocurrency always goes its own way so nothing can be predicted correctly. But if you can buy at the right time and wait until the right market price then of course you can make a good income from here.

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