HODLing is the best strategy for the majority of people who are not savvy in trading and do not posses the time to trade properly - implicitly learning TA or QA, finding a working strategy and then implementing it.
As many people in this thread said there is no strategy suitable for everyone. There is no one size fits all strat and there are an infinite number of ways you can extract money from the market.
Topic: Is Buy and Hold Really the Best Strategy in Crypto? - page 8. (Read 3465 times)
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For Bitcoin it will work just looking from the mountain climb of the price it gets each year as well as ATH, but remember for alts that there are many of those that just existed from the hypes and surely holding isn't the optimal strategy as when the time comes due to massive dumps from the investors as well as bh's.I never knew that people think that the phrase you quoted is common mindset of some.
I think buy and hold strategy will only apply to some assets/token, Not everyone can get the way of buying and holding like not every token is suitable for that kind of strategy and just holding it means that you are giving your trust to that certain token. I myself only hold 2 coins and it is Bitcoin and Ethereum because longevity wise I believe that I can profit on both of them. As a trader, I like trading big coins but I ain't holding it for too long because I know I can make better profits in trading them. Each coin has different potentials you just need to find them then learn the strategies and how to execute it.
This is something that many traders are simply unable to understand, the strategy of buying and holding can be really effective but only for assets that you know are going to be here for the long term and except for a handful of coins like bitcoin and ethereum the rest of the coins in the market are not optimal to perform that strategy.And this is because it is known the majority of the coins disappear after being in the market for one year and each day tens of coins are released all promising the same thing, to become successful, to bring profits to everyone and to remain in the market for a long time, and most coins are unable to fulfil a single one of their promises, so when thinking on applying the buy and hold strategy we need to always have in mind the thought of never investing using this strategy unless we are completely sure the coin can remain in the market for years and the developers are dedicated enough to keep improving the code until they reach their goals.
Not necessarily a strategy in my opinion, for me buying and holding is just a way of safekeeping your money to combat inflation of the fiat that you want to convert. Strategy for me yields you profits that can help you along the way and not help you when the time comes.
Buying and holding bitcoin is the best strategy IMO, but I don't think the same is true for the vast majority of altcoins. Therefore for crypto trading in general, buy-and-hold might not work out for you if you're holding some awful shitcoins or tokens that have been overhyped. With those cryptos, I think short-term trading might give you the best chance of making a profit--but it's still risky as hell, particularly if what you're trading has low market liquidity and/or extreme volatility.
Bitcoin is still the most popular cryptocurrency out there by far, and if you think it's going to have any utility as a currency then it has to significantly grow in price if it's going to be used by a lot of people. And if you're bullish on bitcoin, I think you'd probably end up losing money if you're just trading in and out for cash. Lots of people get lucky and time the market correctly....but most don't.
Bitcoin is still the most popular cryptocurrency out there by far, and if you think it's going to have any utility as a currency then it has to significantly grow in price if it's going to be used by a lot of people. And if you're bullish on bitcoin, I think you'd probably end up losing money if you're just trading in and out for cash. Lots of people get lucky and time the market correctly....but most don't.
“95% of traders lose money”
That's probably true, and I wouldn't ignore those words altogether. The market has a way of wiping out both experienced and inexperienced traders.I would only prefer to do day trading if a certain trader have now experiences and also have a lot of strategies that they can use in order to make gains in the market.
Then how these people will experience doing day trades if they only do hold. They should get out of that room and start building experience.
The better advice should be, while holding, slowly involved, and practice doing trades to build experience. Their experience will teach them to build numerous strategies that will help them to make good decisions amid several difficulties they will face in the process.
Either holding or actively doing trading, the effectiveness of our strategy depends on how we handle and managed it.
We can't say that every traders loses money. There are still a lot of traders who are generating good money daily. If you are unaware of trading, don't involve in it. First, you should learn about trading very well then you can start it otherwise Buy and hold strategy is good for you.
Well, you are right. Because they are perhaps willing to risk their money. I can say trading is a need for skills and of course strategy just to work out and gain profit. Even how expert you are, there is a big chance that you will lose in the race of trading because I consider this trading is a competition. When there is a winner, there should be a loser. I would say, holding is the best way and the less risk upon crypto investment, --if you dont have the ability to trade, this is the best and suitable for you. Indeed, this will matter upon your passion for crypto, we can't generalize all crypto enthusiasts. 
I don’t think those people are actually saying that Hodl is better than trading, for me what they are trying to do is let newbies with no experience to know the better option for them. Literally everyone wants to be a trader, and the majority of them fails, especially the newbies.
There are professional traders who are making money from trading and I have seen a lot of them who even say that they rely only on day trading as their main job to make a living, so that means a lot of money can come from it compared to Hodl where you will have to wait for a long time before the price of a coin goes up. But trading is not meant for everyone, and Hodl is the easiest anyone can do, so it’s best to go for that if you are not a good trader.
Hodl would be an option if you arent really sure on what you are doing but also pro's does have some coins into their stash which are really meant to be hold for long term and doesnt really need to actively make trades with it.Of course trading actively is much more better if we do talk about profit making yet its incomparable when you do just simply let your coins sit and wait for a bull run which wont really happen from time to time or simplyThere are professional traders who are making money from trading and I have seen a lot of them who even say that they rely only on day trading as their main job to make a living, so that means a lot of money can come from it compared to Hodl where you will have to wait for a long time before the price of a coin goes up. But trading is not meant for everyone, and Hodl is the easiest anyone can do, so it’s best to go for that if you are not a good trader.
does take really too long before you can able to make a move unlike when you do actively trade which you can possibly make out money or profits without needing to wait for that long but as mentioned where
this kind of trading wont be easy and not all wouldnt really be having a success on dealing with this anytime.It takes patience, experience and skills for you to succeed or to sustain.
We can't say that every traders loses money. There are still a lot of traders who are generating good money daily. If you are unaware of trading, don't involve in it. First, you should learn about trading very well then you can start it otherwise Buy and hold strategy is good for you.
I don’t think those people are actually saying that Hodl is better than trading, for me what they are trying to do is let newbies with no experience to know the better option for them. Literally everyone wants to be a trader, and the majority of them fails, especially the newbies.
There are professional traders who are making money from trading and I have seen a lot of them who even say that they rely only on day trading as their main job to make a living, so that means a lot of money can come from it compared to Hodl where you will have to wait for a long time before the price of a coin goes up. But trading is not meant for everyone, and Hodl is the easiest anyone can do, so it’s best to go for that if you are not a good trader.
There are professional traders who are making money from trading and I have seen a lot of them who even say that they rely only on day trading as their main job to make a living, so that means a lot of money can come from it compared to Hodl where you will have to wait for a long time before the price of a coin goes up. But trading is not meant for everyone, and Hodl is the easiest anyone can do, so it’s best to go for that if you are not a good trader.
For me, buying and holding is the best for me, and that’s simply because it’s what I can do best. Some of us are not a professional traders, so we see HODL as the best way for us to make money from the market, same way that expert day traders would say it’s the best.
So, people should be doing what works for them the most, if you try to do the other you will be regretting at last. I have seen people who are very good at trading to the extent they even make it their main job. What I like about Hodl is that there is not much work to do, you just study the market, invest your money and then wait while you also look for other things to do. So it’s quit simple.
So, people should be doing what works for them the most, if you try to do the other you will be regretting at last. I have seen people who are very good at trading to the extent they even make it their main job. What I like about Hodl is that there is not much work to do, you just study the market, invest your money and then wait while you also look for other things to do. So it’s quit simple.
We can't say anything would be a best strategy until we can predict the market accurately continuously which is not possible in crypto.
Buying and holding might sound since bitcoin is increasing rapidly every year but as time goes it might not be the same.
What if the yearly price of bitcoin stays the same while the volatility is increased. In this case swing trading would be best rather than holding.
So it completely depends on how bitcoin is performing in the market.
Buying and holding might sound since bitcoin is increasing rapidly every year but as time goes it might not be the same.
What if the yearly price of bitcoin stays the same while the volatility is increased. In this case swing trading would be best rather than holding.
So it completely depends on how bitcoin is performing in the market.
It is not the best but it is preferable to use especially for those who are not yet used to trade actively. Day trading wherein you will use multi time frame chart is risky especially if you do not have knowledge and experience on it. Holding is a strategy is applicable to all but it requires a lot of patience and also proper risk management. A patience wherein you can able to wait especially if the price is now making a move wherein it keeps breaking out in many resistance. I would only prefer to do day trading if a certain trader have now experiences and also have a lot of strategies that they can use in order to make gains in the market.
It depends on your capacity and plan investing in this crypto market.
If you are Here to make foods for your table then You need to make at least Day Trading
But this is the Most risky way of looking for profit here because this needs skills and Knowledge before you can win the Price.
Next is Holding or most popular called HODL In this you need to Keep the currency you Bought for maybe year or more?depend on what is the performance of your coins and depend on Your target price.
If you are Here to make foods for your table then You need to make at least Day Trading
But this is the Most risky way of looking for profit here because this needs skills and Knowledge before you can win the Price.
Next is Holding or most popular called HODL In this you need to Keep the currency you Bought for maybe year or more?depend on what is the performance of your coins and depend on Your target price.
I would say that long term investments have a lot less risk compared to short term ones,
That's extremely right, less risk in holding long term but I guess low of profit earning compared to day trading which high risk. This is basic strategy, buy low and sell when it comes the price becomes high. You can also hold for a long term and forgot your bitcoin in a year but of course not the key and should store in a safe wallet.
This depends on you if you are willing to risk high that potential also to have high profit, is your call. But if you want the safest way like you have a pension in the future then, holding is the best for you.
I would say that long term investments have a lot less risk compared to short term ones, they also generally come up with a lot more steady profit as well if you can wait that long, however it is also one of the hardest things to do. Think about it, you invest 10k and get 1 bitcoin back in the day, you see it going to 5k and half of your money gone, and you have to wait 7 months for it to go back above 10k once again and when it does it goes back down again and up again and eventually hits 12k giving you 20% return which is not bad but you just waited 18 months of your time for 20% return with probably at least a year of your life gone from all the stress it caused.
I would say if you want to, have "unimportant" investments, and one safe fiat regular savings account. That way you wouldn't be upset.
I would say if you want to, have "unimportant" investments, and one safe fiat regular savings account. That way you wouldn't be upset.
It's my only opinion. All I can say is it depends on your strength in trading. Long term or Short term trading is profitable. Some of my friends on social media know-how to day trade and some of them didn't gain a profit in day trade so whatever trade it is, it depends on the traders forte.
Is there really a best strategy to employ to gain from bitcoin? Trading and hodling both have their advantages and disadvantages. It is only a matter of whether you're skilled enough to venture into trading as that is more risky than merely buying and holding.
However, it should be noted that buying and hodling bitcoin does not necessarily mean one is scared or running away from trading. Many simply buy and hodl because it's a long term investment in a way and trading is more or less a short term investment.
However, it should be noted that buying and hodling bitcoin does not necessarily mean one is scared or running away from trading. Many simply buy and hodl because it's a long term investment in a way and trading is more or less a short term investment.
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From personal experience, in a short two weeks time frame I'll still say hodling is more profitable then trading. So I have been trading to take some profit from new listing on Binance, so far I have recorded more success than failure since what I find myself doing is day trading. Some trades are minutes long while others hours but I haven't gone above 24hours.
When I compare my total profits to that of coins I bought but sold later on, assuming I held on those coins I would had made more profits then what I currently have in total. Some projects rose as high as 200% after I sold them for barley 10-30% profits. There's no risk associated with holding, if you actually know what you're doing.
When I compare my total profits to that of coins I bought but sold later on, assuming I held on those coins I would had made more profits then what I currently have in total. Some projects rose as high as 200% after I sold them for barley 10-30% profits. There's no risk associated with holding, if you actually know what you're doing.
Looking at the graph you shown Buy and Hold might be not good as much as you think of. I wouldn't say that it is the best strategy either because there are still risk along with it.
However, only one thing I can sure of, it depends on the coins you were trading of whether Buy and Hold will work in your favor or not.
Basically, there are tokens that are much better for day trading and the same goes for Buy and Hold thus you should fit your strategies on the coins you are working on.
However, only one thing I can sure of, it depends on the coins you were trading of whether Buy and Hold will work in your favor or not.
Basically, there are tokens that are much better for day trading and the same goes for Buy and Hold thus you should fit your strategies on the coins you are working on.
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