DCA is ideal for the long term.
Those that don't know and are unsure if they're going to buy right now can do that strategy for them to have it set with their purchases of bitcoin.
As long as you're accumulating bitcoin, you'll see the effect of it when the market goes back again you're also practicing the discipline of it which will be beneficial to you as you practice it.
Topic: Long term Crypto winning strategies - page 7. (Read 1010 times)
If you want to invest, it is better to go for bitcoin, but you may want to gamble by going for altcoins because they do increase in price more during bull run, because of this, investing on altcoins is not bad, but do take note that there are some that are shit coins, some may not increase like expected while some remain shit coins, some also may decrease when others are increasing. Because of that, the best to invest on is bitcoin, but not bad to make good research on some better altcoins and allocate like 30% of your money that you want to invest on crypto on them while the 70% can be allocated on bitcoin investment. For investment, I will advice DCA.
I mean this is okay strategy for bitcoin but I don’t think Altcoins stand a chance in my portfolio this year. Considering the blood bath we seeing here I am pretty sure alts will take little longer to revive from the after shock of the market. Let us not forget we are also moving towards more harder recession world wide which is going to shock the market one more time and have bad effects on the investment that we make today. Yes buying while the market is down is perfect plan but it’s sharpen plan when you buy the right coin, in this case - bitcoin.
The strategy is not imposed to remain static, as it changes according to market data and sets parameters through which it predicts market behavior. Therefore, following a fixed strategy that does not keep pace with market changes is not a smart thing.
Don't forget there are other variables that must be taken into account:
- Taxes and legislative laws.
- Withdrawal fees and how to secure coins.
- Most altcoins are not good for long term investment.
Don't forget there are other variables that must be taken into account:
- Taxes and legislative laws.
- Withdrawal fees and how to secure coins.
- Most altcoins are not good for long term investment.
Collect potential Alts Bear market.
This is suppose to be one of the best investment strategy because you buy cheap and accumulate large unit of coins but many have tried it without success. After buying those altcoins, they start to drop and you realize you have lost more of the value when you decide to resell.
Collect BTC at Deep Dips. (recently FTX collapsed)
Yeah btc hodling still looking nice. Hodl in your private wallet. They say generally not your keys not your coins.
Dear All
There are two bodies in crypto, Traders, and investors. Today's topic is for investors. Specially very longterm investors. There are investing strategies for everyone. Share your ones.
Most common and sometimes I adhere
Collect BTC at Deep Dips. (recently FTX collapsed)
Collect potential Alts Bear market.
so lets share your belives on strategies.
There are also participants of projects; both campaigns and air drops. They are also a part of this industry as well as gamblers (which are also included because they are using cryptocurrencies on their transactions). But in terms of investment strategies you could also add scalping wherein a trader/investor would jump on a particular price (regardless if it is bear or bullish run) as long as there is a potential market price movement. Pointing here that we may have different market strategies but having the same goal which is to earn profit. Unfortunately, the idea of profit is being too emphasized towards non-crypto users which makes them unrealistic of how money is being 'created' in this industry. There are two bodies in crypto, Traders, and investors. Today's topic is for investors. Specially very longterm investors. There are investing strategies for everyone. Share your ones.
Most common and sometimes I adhere
Collect BTC at Deep Dips. (recently FTX collapsed)
Collect potential Alts Bear market.
so lets share your belives on strategies.
It's good to know when to invest so that you can collect more of the investment you want. The consistency of buying your coins would be ideal for forming your best asset. It's still good to adhere to that form and continuously get what you need to profit in the long run.
As for altcoins, it would be hard to predict what to get but if you have, make sure to HODL it in your wallet and not online.
As for altcoins, it would be hard to predict what to get but if you have, make sure to HODL it in your wallet and not online.
Simple strategy, we can accumulate during a super-dip and hold for a longer or mid-term profit. However, most people become scared during the dip and are apprehensive about investing. You could call me an investor. I don't usually trade, instead, I buy in a dip when I believe it is a dip for me. And then I'll sell it when I've made a good profit. To be honest, it's difficult for me to make money from trading. As a result, I decide for a medium-term investment.
so lets share your belives on strategies.
Here is a thought for you ,
the BTC price verse fiat only got so high because of trillion$ of venture capital money flowing into the industry.
The baby boomer generation is now retiring in mass, a side effect to that is people switch to safer more stable cash and completely eliminate risky speculative investments like btc & btc miners.
So thinking the old pattern of BTC skyrocketing in price verses fiat every few years, without massive VC money that pattern is on very shaky ground.
Past Performance is no guarantee of Future Profits.
Easy: dollar-cost averaging bitcoin for years and years
Intermediate: do heavy research on crypto narratives that would likely go hot, and wisely pick likely-undervalued coins/tokens in that category.
Intermediate: do heavy research on crypto narratives that would likely go hot, and wisely pick likely-undervalued coins/tokens in that category.
I guess it is too limited to categorize everybody in cryptocurrency as either traders or investors. It's as if cryptocurrency is not a currency at all. It's like treating cryptocurrency as stocks. I guess this is a wrong perception of cryptocurrency.
Bitcoin, for example, is a currency that gives us freedom from banks and other third parties, a currency that requires no trust. Bitcoin is a transparent, immutable, and censor-proof currency. And it is very possible that many are drawn into Bitcoin not because they want to trade or invest in it but because the features somehow empower them.
Anyway, in terms of investment strategy, HODL is the best for me. And if you have the extra money every now and then, you can also buy the dips.
Bitcoin, for example, is a currency that gives us freedom from banks and other third parties, a currency that requires no trust. Bitcoin is a transparent, immutable, and censor-proof currency. And it is very possible that many are drawn into Bitcoin not because they want to trade or invest in it but because the features somehow empower them.
Anyway, in terms of investment strategy, HODL is the best for me. And if you have the extra money every now and then, you can also buy the dips.
Dollar cost averaging is the name of the game. It’s certainly not a bad idea to keep a little cash on the sidelines for when or if there comes some huge downturn in the market due to some event, like this stuff with FTX.
My strategy for alts? Outside of Monero, Litecoin and Ethereum..pretty much absolute and utter garbage for 99% of them. Longer term no thanks. Short term trading, different story.
My strategy for alts? Outside of Monero, Litecoin and Ethereum..pretty much absolute and utter garbage for 99% of them. Longer term no thanks. Short term trading, different story.
The only reasonable investment is bitcoin, more so in the dips. But there is no logical reason to invest in altcoins and bag hold them for long term since they have no real potential. When all the altcoins get is pump and dumps, it is best to treat them as short term risky trades rather than long term investment you should buy and bag hold.
Collect BTC at Deep Dips. (recently FTX collapsed)
This is good decision, buy when the other fears since it make Bitcoin price is cheaper. Since Bitcoin has survive for multiple big crash and FUDs around of mining until now, there's only a tiny chance Bitcoin would die, this mean Bitcoin will likely to recover and create new ATH after the market already back.Quote
Collect potential Alts Bear market.
This is a bad decision, there's many alts will become a dead coin during bear market. There's no such potential alts, a scam alts can have an interesting whitepaper and have a good roadmap in order to trick investors.
Dear All
There are two bodies in crypto, Traders, and investors. Today's topic is for investors. Specially very longterm investors. There are investing strategies for everyone. Share your ones.
Most common and sometimes I adhere
Collect BTC at Deep Dips. (recently FTX collapsed)
Collect potential Alts Bear market.
so lets share your belives on strategies.
There are two bodies in crypto, Traders, and investors. Today's topic is for investors. Specially very longterm investors. There are investing strategies for everyone. Share your ones.
Most common and sometimes I adhere
Collect BTC at Deep Dips. (recently FTX collapsed)
Collect potential Alts Bear market.
so lets share your belives on strategies.
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