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Topic: Is 'Buy and Hold' the Best Bitcoin Investment Strategy? - page 2. (Read 368 times)

member
Activity: 117
Merit: 100
It seems to me that the price will grow 5 more years. Now you can buy and hold BTC. Fear nothing.
But nothing can grow forever, remember this. Read about the cryptocurrency for a couple of years and you will understand when it will be necessary to withdraw money.
Good luck!
legendary
Activity: 1162
Merit: 1000
Is 'Buy and Hold' the Best Bitcoin Investment Strategy?

You are basically believing that the price will increase infinitely by using that strategy, buying at all time high can be risky regardless of what people try to tell because no one knows when the next crash will come.
Strategy must be in accordance with the circumstances because all conditions must be in accordance with the circumstances, when appropriate circumstances then the results we get will be satisfactory. So there is no standard rule and it is a normal thing to do the selling and buying. Holding is one of the alternatives that must be done, when there is a chance then immediately make a decision. lest we make a decision late and we do not get anything.
jr. member
Activity: 56
Merit: 2
Is 'Buy and Hold' the Best Bitcoin Investment Strategy?

You are basically believing that the price will increase infinitely by using that strategy, buying at all time high can be risky regardless of what people try to tell because no one knows when the next crash will come.

It means that one or the other day crash will occur? So according to it will be the end of Bitcoin. So if the people know that Bitcoin is risky investment scheme then why are taking such risks?
full member
Activity: 126
Merit: 100
Is 'Buy and Hold' the Best Bitcoin Investment Strategy?

If that is the case, yes, for some if you do not know how to trade, you may want to buy in a lower price and just keep it for long term.
staff
Activity: 3500
Merit: 6152
Is 'Buy and Hold' the Best Bitcoin Investment Strategy?

You are basically believing that the price will increase infinitely by using that strategy, buying at all time high can be risky regardless of what people try to tell because no one knows when the next crash will come.
jr. member
Activity: 56
Merit: 2
Is 'Buy and Hold' the Best Bitcoin Investment Strategy?
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