Topic: Is Buy and Hold Really the Best Strategy in Crypto? - page 9. (Read 3436 times)
The best strategy in crypto it will depend on our skills and qualifications. If we can analyze the market properly then we can learn trading techniques and choose the best currency by verifying the currency and make a profit in retention. This requires patience hard work and planning. Bitcoin is a very good currency to hold but it will have to wait a long time. Patience as well as controlling one's emotions one has to think positively.
Maybe for some point buy and hold strategy works and think that it is the best strategy in the crypto industry. But remember there are also lots of strategies other than that and being termed or coined as the best strategy specifically varies depending upon the trader himself because strategies are calculated and made out depending upon the situation and make analytic and logical calculations to make out possible positive outcome to be produced. Surely there are also other relevant and essential strategies that we traders have been using on our trades and buy and hold strategy is just one of those. I am not saying it is not good. It is just that it is not right to coin it as the best strategy for there are also other effective strategies which can be used depending on the situation and it varies on the perception of the trader himself to manipulate such strategies to create his own since strategies are made out of trial and errors to see if it will fit to be a solution on the current situation.
Not really the best strategy but it's always worth using this, HODLING for me is not hodling for many months and years hodling is letting the project takes off and then letting it go at the right time , not dumping everything you've got but a portion of it so you can sell more on the next exit.
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.
Do you believe that day traders or those whom trade daily do lose 95% of either by chance or their profit? Hell no! Trading in general depends on the strategy of the trader. Some trader are onto daily analysis and trading, in which a little movement and change to the price matters, yet depends on their reading if their prediction and analysis was right. Yes some of day traders often lose, but not those professionals, as experiencing loses tends to make you learn. Meanwhile, there are long term traders in which they hold their investment for years and withdraw it the time they wanted to, and not all cases of such investments ends up winning, some long term trades ends up losing as well if the crypto or an altcoin's price were dumped.
Maybe a strategy will be good if seeing at the market situation.
In my experience, when market conditions are very active day trading is possible and gets a profit, but when the market is sluggish (usually occurs when BTC is in a downtrend, which greatly affects the altcoins market) day trade is very it is difficult to do and I would prefer to choose 1-3 coins for me to buy and hold for 3 - 6 months can less or more depend on my profit target.
In my experience, when market conditions are very active day trading is possible and gets a profit, but when the market is sluggish (usually occurs when BTC is in a downtrend, which greatly affects the altcoins market) day trade is very it is difficult to do and I would prefer to choose 1-3 coins for me to buy and hold for 3 - 6 months can less or more depend on my profit target.
In my perspective, any distinctive procedure should not be called the best. Because frivolity is stable on this platform so always be cautious. I just bought it and hold, but this is not the best strategy. If you work in diverse ways at different times, it can be profitable. It is problematic to say that the profit will be only if you go ahead in one direction.
Buying and hold is an risky work when you buy and hold it for how many days/months/years.For hold crypto need experience.
This is what I am saying about those people that recommend holding to other people.
I know that it is a good strategy for those people that are still not used to the market but always remember that the price of these cryptocurrencies is so volatile that is why we should all be aware of these changes. It is easy to look in the market and tell that it is a good time to sell to get some profit you can use to reinvest or trade to other cryptos. You will really regret it if you just hold it and come back at a certain time knowing it did pump in certain times.
I know that it is a good strategy for those people that are still not used to the market but always remember that the price of these cryptocurrencies is so volatile that is why we should all be aware of these changes. It is easy to look in the market and tell that it is a good time to sell to get some profit you can use to reinvest or trade to other cryptos. You will really regret it if you just hold it and come back at a certain time knowing it did pump in certain times.
Buy and hold is the best strategy but it depends on your patience, if you dont have patience the buy and hold strategy is nothing, without patience you will never earn in crypto if your strategy is something like buying and waiting for the best price to sell.
I tried it but I think it is not applicable to me. Buying and Holding coins seem to be boring. This is the reason why I think we should have coins for long term and short term. I know that most of traders who have long term coin are millionaire already. They are hodling coins for a year to 3 years because they can sustain their trading in daily basis. 
Buy and hold is the best strategy but it depends on your patience, if you dont have patience the buy and hold strategy is nothing, without patience you will never earn in crypto if your strategy is something like buying and waiting for the best price to sell.
I think buy and hold is not only the best strategy in crypto, it is the safest strategy I have used while trading.
Buy and hold strategies can even be done by newbies who don't have any trading knowledge, this is the least
risky strategy. We only need patience when implementing a buy and hold strategy.
Buy and hold strategies can even be done by newbies who don't have any trading knowledge, this is the least
risky strategy. We only need patience when implementing a buy and hold strategy.
Buy and hold can be the best strategy, but it can also be the worst strategy that will hurt you.
You have to really do your research for the coins to buy and hold. The top 20 coins on CMC might be a good choice.
You have to target what the price is for each coin held.
You can also increase your profit by doing day trading and many other strategies.
You have to really do your research for the coins to buy and hold. The top 20 coins on CMC might be a good choice.
You have to target what the price is for each coin held.
You can also increase your profit by doing day trading and many other strategies.
Actually price is depending on these methods. People can pump the price by holding and can dump by selling. So, we should take more care about buy, sell and hold.
This is why its subjective and depend on a certain trader or investor on how they do deal up into their holdings.Some do prefer on selling when in gains and buyback when itdo plummet down to accumulate while its still cheap compared to those people who do just bought and dont care on what would be the price later on since they are aiming for
future years to come.Selling off on the right time does really need some serious consideration and this is where people do differ where someone do love to see profits
in a shorter timeframe and some are just too scared to deal up with price on active manner.
the decision of when to sell or hold depends on what is happening to the coin. the trader should not stop following the development updates of the coins he's holding. because remember when they stopped giving updates, you know that they are heading to go down. and that needs strategy when to exit that game. because if not, you will end up holding trash coins.
Actually price is depending on these methods. People can pump the price by holding and can dump by selling. So, we should take more care about buy, sell and hold.
This is why its subjective and depend on a certain trader or investor on how they do deal up into their holdings.Some do prefer on selling when in gains and buyback when itdo plummet down to accumulate while its still cheap compared to those people who do just bought and dont care on what would be the price later on since they are aiming for
future years to come.Selling off on the right time does really need some serious consideration and this is where people do differ where someone do love to see profits
in a shorter timeframe and some are just too scared to deal up with price on active manner.
Actually price is depending on these methods. People can pump the price by holding and can dump by selling. So, we should take more care about buy, sell and hold.
For people who didn't have expertise on daily trade like me , buy and hold is the best strategy in crypto space.
Because, if common people can not doing daily trade it will ended by liquid.
Because, if common people can not doing daily trade it will ended by liquid.
Always before investing in crypto set the short, medium and long-term target and accordingly invest in it. So that you would be able to make profits even on rise in short terms and long terms investment will do good over the period. Invest in best coins to maximise profits and if luck is good you may make quick profits as well. So, holding does make lot of sense at times.
When it comes to trading it usually depends on knowledge and skills. It is possible to make a profit if you have a good idea about trade. those who are new to the crypto market, if they do not have much idea about the trade then they can make some profit by holding on. The risk is much lower here it is very difficult to determine the strategy for trading. I think it is much easier to determine the strategy by analyzing the best currencies in the crypto market.
The answer is subjective when it comes to finding out what is the best strategy in order to make gains in cryptocurrencies. You are the only one who can find it by investing in your knowledge. For me holding is not always effective, I saw that many traders and investors have wrong perspective in holding when they think that they can make money if they will hold it even the market is against to them. Holding is good but make sure that the coin that you are going to hold is in uptrend. Holding in uptrend or what the expert called is "trend following" which means that you will hold a certain cryptocurrencies until its trend will snap or until it gives a signal that it is now transitioning in a bearish market.
Always remember that not all of the people who are holding are making money so do not treat it as a holy grail strategy wherein you will guarantee that you will earn profit from it. Buying and holding is not all about patience it requires some criteria to be follow strictly in order to make consistent gains in the market. If I will do a trend following, I make sure that there is enough volume where the liquidity is strong and I can exit or entry easily.
People do have that common line of "HODL" but this one can really be only applied on best coins in the market but we know that even bitcoin doesnt have an assurance to last forever.Always remember that not all of the people who are holding are making money so do not treat it as a holy grail strategy wherein you will guarantee that you will earn profit from it. Buying and holding is not all about patience it requires some criteria to be follow strictly in order to make consistent gains in the market. If I will do a trend following, I make sure that there is enough volume where the liquidity is strong and I can exit or entry easily.
So take it on your own risk if you do really hold until in the end of line.Of course we do have specific price on where we do sell out but to think that there are other better ways to make gains
without waiting for that long and thats the way of doing active trades.Yes, it might be more riskier but really be worth of your time and effort if you do make it right.Not all would have
the skills though yet this is the hardest part on doing trading where you do deal with the market on very active state.
Buy and hodl strat isn't applicable to all coins that you are seeing on the market. You should not do it all the time 
, it will depepnd on the coin you bought (or you are planning to buy).
Don't hold shitcoins because they do not have enough foundation to be strong in the market. They are shits in the first place. No function. These shitcoins will lose their value in no time.
On the otherhand, strong crypto, such as bitcoin, of course are worth to hold. Buy it in a much lower price then you'll get your profit after months.
, it will depepnd on the coin you bought (or you are planning to buy). Don't hold shitcoins because they do not have enough foundation to be strong in the market. They are shits in the first place. No function. These shitcoins will lose their value in no time.
On the otherhand, strong crypto, such as bitcoin, of course are worth to hold. Buy it in a much lower price then you'll get your profit after months.
The answer is subjective when it comes to finding out what is the best strategy in order to make gains in cryptocurrencies. You are the only one who can find it by investing in your knowledge. For me holding is not always effective, I saw that many traders and investors have wrong perspective in holding when they think that they can make money if they will hold it even the market is against to them. Holding is good but make sure that the coin that you are going to hold is in uptrend. Holding in uptrend or what the expert called is "trend following" which means that you will hold a certain cryptocurrencies until its trend will snap or until it gives a signal that it is now transitioning in a bearish market.
Always remember that not all of the people who are holding are making money so do not treat it as a holy grail strategy wherein you will guarantee that you will earn profit from it. Buying and holding is not all about patience it requires some criteria to be follow strictly in order to make consistent gains in the market. If I will do a trend following, I make sure that there is enough volume where the liquidity is strong and I can exit or entry easily.
Always remember that not all of the people who are holding are making money so do not treat it as a holy grail strategy wherein you will guarantee that you will earn profit from it. Buying and holding is not all about patience it requires some criteria to be follow strictly in order to make consistent gains in the market. If I will do a trend following, I make sure that there is enough volume where the liquidity is strong and I can exit or entry easily.
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