Topic: Is Buy and Hold Really the Best Strategy in Crypto? - page 5. (Read 3465 times)
It is a strategy but it is not the best strategy, we have different trading and investing profile after all. If you just buy and hold crypto without following any plan or using any study then it is not investing or trading and for sure it can considered as gambling because there is no conviction on why you doing it. I always telling a lot of people especially in terms of holding wherein there are right time in order to do it. A lot of people mistaking it as a holy grail strategy where they think that they will have a sure or guaranteed profit but they are wrong because there are terms that should be follow especially on doing it. I prefer to do buy and hold if the trend is uptrend because the buyers are in control and the prices will go up unlike buying in downtrend where the selling pressure is very high and the prices are keep decreasing.
Buy and hold is not the best trading strategy in crypto. Because this strategy usually takes a relatively long time to generate profits.
But buy and hold is the safest strategy to use, especially for newbies who don't have good analytical skills. using a buy and hold
strategy is the right choice.
What you are saying shows why the term best is relative, if your aim is to generate the maximum amount of profits that is possible then holding your coins is not the best strategy as it takes a long time to materialize its results, however if you are looking for the safest and easiest approach to make money in the markets then without a doubt holding your coins is your best bet.But buy and hold is the safest strategy to use, especially for newbies who don't have good analytical skills. using a buy and hold
strategy is the right choice.
As such it is important to know yourself and your capabilities so you can choose the best option for yourself, if you cannot do that then you will choose a method that is not aligned with your skills, in the best scenario then you are just wasting a little bit of time but still getting profits, but in the worst scenario you will lose so much money that it will be impossible for you to recover from those losses.
I would rather have a quite year over active one day. I would rather have 10 trades for the whole year than have 10 trades per day (or even week or month) which is why I am a long term investor. That strategy never fails, never failed me, even after 2017 peak I managed to get back on the horse when it went down so much under, thankfully I sold at 20k but I bought a lot during 12k-13k periods and it went down as much as 3.4k which meant I lost over 70% of my portfolio value during that period.
I didn't give up, since I am a long term investor I bought lower and lower and made my avarage to around 7-8k levels, and one day it went to 9k+ and I sold, it also went to 13k so I could have made more profit but I took what I could from that profit. Now I am back in at lower levels and in profit again.
So never give up, be long term and you will profit one day.
I didn't give up, since I am a long term investor I bought lower and lower and made my avarage to around 7-8k levels, and one day it went to 9k+ and I sold, it also went to 13k so I could have made more profit but I took what I could from that profit. Now I am back in at lower levels and in profit again.
So never give up, be long term and you will profit one day.
Buy and hold is not the best trading strategy in crypto. Because this strategy usually takes a relatively long time to generate profits.
But buy and hold is the safest strategy to use, especially for newbies who don't have good analytical skills. using a buy and hold
strategy is the right choice.
What you are saying shows why the term best is relative, if your aim is to generate the maximum amount of profits that is possible then holding your coins is not the best strategy as it takes a long time to materialize its results, however if you are looking for the safest and easiest approach to make money in the markets then without a doubt holding your coins is your best bet.But buy and hold is the safest strategy to use, especially for newbies who don't have good analytical skills. using a buy and hold
strategy is the right choice.
As such it is important to know yourself and your capabilities so you can choose the best option for yourself, if you cannot do that then you will choose a method that is not aligned with your skills, in the best scenario then you are just wasting a little bit of time but still getting profits, but in the worst scenario you will lose so much money that it will be impossible for you to recover from those losses.
The way volatility is going in the crypto market you can say buy and hold is a good option. But their are something to understand that don't buy at high because and what are you going to hold it have proper research it. Because if you buy shit and hold it you can loose everything and also if you buy at high still your capital stuck. So always take entry in dip.
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. The way volatility is going in the crypto market you can say buy and hold is a good option. But their are something to understand that don't buy at high because and what are you going to hold it have proper research it. Because if you buy shit and hold it you can loose everything and also if you buy at high still your capital stuck. So always take entry in dip.
Would you consider now to be a dip?
The way volatility is going in the crypto market you can say buy and hold is a good option. But their are something to understand that don't buy at high because and what are you going to hold it have proper research it. Because if you buy shit and hold it you can loose everything and also if you buy at high still your capital stuck. So always take entry in dip.
TBH, this is a basic strategy that most are doing-especially for beginners and even well-experienced traders. People who come in crypto for investment alone and not able to trade, this is the best thing to do. In fact, I did this as well and it really works but of course, it is a need also to check the market flows because not all the time we just keep holding. Seeing a 2-3% price incline, I sell my crypto right away...it was enough for me but not sure of you.
If you are not relying in crypto trading as a bread and butter then yeah this is the best and real strategy to use,it is called "HODL" by some prominent people here.actually basically i also do this but with limited numbers and Volume of coins.
The majority of people enter the cryptocurrency market with the desire to make a profit.
The really talented people will choose the daily trading method, which can bring investors big profits but also bring many risks.
Some investors who are not good at daily trading choose to buy and hold. I think buying and holding is not the best strategy in the cryptocurrency market, however it is the one that suits most people the most.
day trading is not for all of us thats what we need to understand.The really talented people will choose the daily trading method, which can bring investors big profits but also bring many risks.
Some investors who are not good at daily trading choose to buy and hold. I think buying and holding is not the best strategy in the cryptocurrency market, however it is the one that suits most people the most.
many tried but not all succeed,actually many fails than profit.
To get big profit from any project buy and holding is really the best strategy. If you want short profit then daily trading can be done. It is looking very simple but to gain a huge ammount select a good project and invest big money. In any project you looking to hold buying point is very important. Any good project has been dump hardly then this should be a buy point without fear and then hold to 6 months to 1 year to get big boom profit. if you look btc, Eth price recently both hard dump price almost grown up to 5x now.
TBH, this is a basic strategy that most are doing-especially for beginners and even well-experienced traders. People who come in crypto for investment alone and not able to trade, this is the best thing to do. In fact, I did this as well and it really works but of course, it is a need also to check the market flows because not all the time we just keep holding. Seeing a 2-3% price incline, I sell my crypto right away...it was enough for me but not sure of you.
It depends always in what crypto we are holding, I'd been holding different bounty rewards token before and it doesn't earn at all some already lose their value. Buy and Hold will depend on the project on upto when we are going to hold them, is there's a chance that they will still grow like developing their products or creating some hype.
I'd learn to trade mostly than to hold since the market is not like what it was when the popularity started there is a need to move to make it works for you than to simply wait for it, if we are too busy, we must only invest in bitcoin not in any other non popular crypto.
I'd learn to trade mostly than to hold since the market is not like what it was when the popularity started there is a need to move to make it works for you than to simply wait for it, if we are too busy, we must only invest in bitcoin not in any other non popular crypto.
The majority of people enter the cryptocurrency market with the desire to make a profit.
The really talented people will choose the daily trading method, which can bring investors big profits but also bring many risks.
Some investors who are not good at daily trading choose to buy and hold. I think buying and holding is not the best strategy in the cryptocurrency market, however it is the one that suits most people the most.
The really talented people will choose the daily trading method, which can bring investors big profits but also bring many risks.
Some investors who are not good at daily trading choose to buy and hold. I think buying and holding is not the best strategy in the cryptocurrency market, however it is the one that suits most people the most.
Buy and hold is not the best trading strategy in crypto. Because this strategy usually takes a relatively long time to generate profits.
But buy and hold is the safest strategy to use, especially for newbies who don't have good analytical skills. using a buy and hold
strategy is the right choice.
But buy and hold is the safest strategy to use, especially for newbies who don't have good analytical skills. using a buy and hold
strategy is the right choice.
This is what others thinking if buying and holding is the best strategy in crypto. When you invest in crypto of buying and hold it can reduce risks rather than day to day trading. We have our own strategy on how to earn when trading crypto. In my own opinion, the best strategy you can do is buying on a low price and selling on a pump stage. Though for holding long term it can reduce transactions cost which is also a good option.
You may only apply the strategy of selling your token on a pump stage or selling it on a dump stage if you're checking the market from time to time. For me i'm getting suck of seing those fluctuating of values of token upon checking the market daily. For me hodling and trading was best if you know already that your token is worth to be sold about or hodling if you think the value was not worth it, just be a keen observer on the market and play it well.
It depends, some people can apply both if they are knowledgeable enough about market movements and some people are already comfortable with their desired strategy. Not all people can do day trading but holding could be preferred by most if they wanted to escape the daily price fluctuations in the market.
I believe that this strategy was very suitable in cryptocurrency but the development or the grow up of your capital was based on your knowledge and experience on how to deal with your token, just like playing gambling you will win if you play your game wisely but same as gambling also here in crypto you can't say that you will always win. There's also some strategies that you can use like day trading but of course you also have to dealt with a market, how could you manage to follow your strategies while the market is fluctuating daily.
History repeats itself. Probably the same can apply with bitcoin. 
Hold is always one of the best option.
I am not sure if the same apply also for all crypto/tokens/altcoin.
^ Nah, altcoins and tokens are different in Bitcoin and I think they will not repeat itself, not just like bitcoin that obviously and proven by determining on the chart of the price. But you are definitely right upon holding and this is what commonly people do that don't risk in trading. We know already the potential of bitcoin in gaining profit in long period of time upon holding. Holding is the best option because the demand was on progress and as we can see many countries now adopting bitcoin. Nevertheless, if your skills is enough to do trading, just try to hint with the amount that you can afford to lose. Hold is always one of the best option.I am not sure if the same apply also for all crypto/tokens/altcoin.
History repeats itself. Probably the same can apply with bitcoin. Hold is always one of the best option.
I am not sure if the same apply also for all crypto/tokens/altcoin.
Just few coins launched after 2017 reached a decent ROI (the vast majority launched with an ICO are strongly devaluated). Meanwhile the price of bitcoin and some major coins continue to growth or to be the same. This is an important aspect to be taken in consideration.
Most of altcoins are just created for pump and dump operation. I will never suggest an "hold" for the long term.
Hold is always one of the best option.I am not sure if the same apply also for all crypto/tokens/altcoin.
Just few coins launched after 2017 reached a decent ROI (the vast majority launched with an ICO are strongly devaluated). Meanwhile the price of bitcoin and some major coins continue to growth or to be the same. This is an important aspect to be taken in consideration.
Most of altcoins are just created for pump and dump operation. I will never suggest an "hold" for the long term.
Its up to what you believe.
Holding 10BTC up to 10 years and you will realize that you still have 10BTC, while if you try something else like staking or trading is another strategy. It could be the best option to go because your 10BTC could be at least 11 in the next month or years. Its your choice but I wouldn't be sleeping thinking BTC will do his way up.
But at the same time we need to be fair, trading is really hard and only a small portion of traders earn any money while when it comes to holding as long as you are willing to hold your BTC for the long term your profits are almost guaranteed.
It depends, some people can apply both if they are knowledgeable enough about market movements and some people are already comfortable with their desired strategy. Not all people can do day trading but holding could be preferred by most if they wanted to escape the daily price fluctuations in the market.
Its up to what you believe.
Holding 10BTC up to 10 years and you will realize that you still have 10BTC, while if you try something else like staking or trading is another strategy. It could be the best option to go because your 10BTC could be at least 11 in the next month or years. Its your choice but I wouldn't be sleeping thinking BTC will do his way up.
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