Pages:
Author

Topic: What's your most preferred Bitcoin investment strategy right now? - page 2. (Read 369 times)

hero member
Activity: 2016
Merit: 575
Too many people who are like me and we think the same, just invest whatever you can afford nad keep doing that. This is not really a shocking new method, just put some part of your investment into crypto and you should be doing fine. I personally feel like the best thing I can do about bitcoin at this moment is to buy it, as long as I can buy it and keep storing it safely, then one day I will be rich. There is no shortcut, there is no quick way, there is no trick to this, just buy bitcoin as much as you can, and not just once, keep constantly buying it, and keep doing that for many years and you will get rich, as simple as that. Some people still look for other ways when the solution is right in our hands at this moment.
hero member
Activity: 1204
Merit: 545
In the crypto-investing universe, there's no universal playbook. Some folks opt to stack Sats, others embrace HODLing, and yet others trade with the ferocity of a stock market on amphetamines. As for yours truly, I'm a die-hard HODLer. It may lack the razzle-dazzle, but it's a proven tactic. Plus, it lets me holler "HODL" like an inebriated fan at a soccer match.

But in all seriousness, HODLing is a fantastic route to long-term wealth accumulation. It's akin to nurturing a sapling – growth takes time, but the payoff is worth it. Sure, risks accompany any investment method. With HODLing, though, patience and intestinal fortitude are key. It's like enduring a horror flick – there'll be jolts, but perseverance leads to triumph.

In search of a thrilling and lucrative approach? HODLing's your ticket. Just exercise due diligence and avoid risking more than you can lose
hero member
Activity: 882
Merit: 540
HODL prominent coins is a good strategy, especially when there's presence of the bull market. Cash is the real currency we used in stocking the house with food and also paying our bills daily. Digital currency is more profitable because there's no presence of third party, youithe one in control of your money. Cryptocurrency is risky and should be traded with good plans setup, risks management and stable emotions. I made my savings, preserving some in the fiat currency, we do have needs and wants daily and accomplishing them should be out ultimate priority.

In cryptocurrency the first coin for investment is bitcoin and in bitcoin the best strategy is to DCA. One can see history of how DCA can benefit you in the long run compared with short term trading or day trading. To me right time to invest is bear market and we need to HODL patiently or sell during bull market. Of course one must be willing to take risk if he is investing in bitcoin. Otherwise there is no point in coming to crypto trading.
hero member
Activity: 1540
Merit: 772
I tend to say this investment strategy really depends on the plans of each user.
The simple advice is to buy and hold, but the time frame is up to you. While you can still develop your own strategy and combine them, especially when buying.

Some people will hold it for some time until the target selling price is reached. So I think everyone will never have the same plan, even you and I definitely don't have the same in this investment plan.
The goal remains the same, friend, but I agree that the method is different. You and me maybe they even have the same goal in investing, namely to make a profit and it is very unlikely to be different.
Regarding methods or strategies, I admit that we and those out there are different in carrying out investment patterns and it depends on how each of us personally sees every suitable opportunity based on expertise.
hero member
Activity: 1386
Merit: 731
Leading Crypto Sports Betting & Casino Platform
Between hodl and trading, I am more interested in the hodl strategy and I still apply it to this day.
As long as I am close to the market, I think that implementing a hold strategy is still very good to do before the target is reached.
For Bitcoin investors who choose the long term, they are very comfortable with the hold pattern because they are not too preoccupied with falling prices.

It looks like a buy, dip, hold pattern. Still fits perfectly. But I also think that each one has their own strategy.
I tend to say this investment strategy really depends on the plans of each user.
The simple advice is to buy and hold, but the time frame is up to you. While you can still develop your own strategy and combine them, especially when buying.

Some people will hold it for some time until the target selling price is reached. So I think everyone will never have the same plan, even you and I definitely don't have the same in this investment plan.
hero member
Activity: 1540
Merit: 772
Recent cryptocurrency investors, especially new ones, might find that different strategies of investing do exist, and the best of whatever strategy employed determines the profit or loss one might incur. I came up on the term  'stacking Sats' and 'HODLing' which are investment strategies for those who don't fancy short term trading as a gain system. These strategies offer a way to further diversify an investment portfolio over a duration longer than what trading could offer.

[snip]
Between hodl and trading, I am more interested in the hodl strategy and I still apply it to this day.
As long as I am close to the market, I think that implementing a hold strategy is still very good to do before the target is reached.
For Bitcoin investors who choose the long term, they are very comfortable with the hold pattern because they are not too preoccupied with falling prices.

It looks like a buy, dip, hold pattern. Still fits perfectly. But I also think that each one has their own strategy.
sr. member
Activity: 1876
Merit: 370
Don't HODL if you don't have saving in cash to use and all your money is in bitcoin.
All of us who work in cryptocurrency want to hold on. It is true that those who do not have cash savings are better off not holding. For those of us who work here and make a living, our needs are always close at hand. So at any time we have to sell those held investments. It has been seen that there are times when I have held but for necessity I have to sell the investment held at a very low price. So it is better for us not to hold.I'm not holding anything back at this point. I immediately convert whatever I get into my country's money. Because need is always with us.

This is interesting point since I had experience these hodling in other cryptocurrency and it doesn't go well. This might be different with bitcoin but if you think, it is really advantageous if you maximize the market movement through trading. In this way, you could be earning profit at a very short time. Also, another advantage of trading is that you can modify and align your strategies on the condition of the market as well as how risky each decision is.

...
One should really be thinking in probabilities. Actively get in front of charts and would demand a level of understanding. That is why trading for a living is like any profession to master. It would take years, many failures and trial and errors. This is the game I want to play. This is the way to make easy money, the hardest way because it requires self-mastery and one's methodology.

Agreed since trading should be employed with strategies that you should put an effort to learn and master. You would definitely fail with trading but these fails would strengthen your experience with it so that you can better trade in the future.
full member
Activity: 580
Merit: 108
Don't HODL if you don't have saving in cash to use and all your money is in bitcoin.
HODL prominent coins is a good strategy, especially when there's presence of the bull market. Cash is the real currency we used in stocking the house with food and also paying our bills daily. Digital currency is more profitable because there's no presence of third party, youithe one in control of your money. Cryptocurrency is risky and should be traded with good plans setup, risks management and stable emotions. I made my savings, preserving some in the fiat currency, we do have needs and wants daily and accomplishing them should be out ultimate priority.
hero member
Activity: 1092
Merit: 670
Everyone is have his own investment strategy, and my investment strategy might not work for you, so I believe it’s better everyone get his own strategy. For me my best investment strategy is Holding, which have been working perfectly for me for years, any cash am having and I won’t be using for that particular time, I always use it to accumulate more bitcoin and I don’t really care if bitcoin is going to dump more or pump.
With bitcoin investment, I also think DCA would best fit for it as long term hodling will help ensure bigger profits in the future. But even so, regardless if it’s long term or short term goal, DCA will still be a lot helpful as it may lower our stress and risk level. Though trading is quite more promising and overrated when it comes to bigger profits accumulation, but long term hodling is still as good as trading too as long as you’ll never be tempted to sell when price crash suddenly appears.
all investments require calm in making choices. including not panicking when you see the market fall. DCA is widely used, even many beginners are more interested in using DCA because it is easy to apply. But the challenge is also the same, how consistent investors are in their investment planning. some like to buy in bulk at the start and just hold on. but there are those who like to buy in stages on a regular basis based on the planned allocation. both are good to apply.
hero member
Activity: 2828
Merit: 673
Everyone is have his own investment strategy, and my investment strategy might not work for you, so I believe it’s better everyone get his own strategy. For me my best investment strategy is Holding, which have been working perfectly for me for years, any cash am having and I won’t be using for that particular time, I always use it to accumulate more bitcoin and I don’t really care if bitcoin is going to dump more or pump.
With bitcoin investment, I also think DCA would best fit for it as long term hodling will help ensure bigger profits in the future. But even so, regardless if it’s long term or short term goal, DCA will still be a lot helpful as it may lower our stress and risk level. Though trading is quite more promising and overrated when it comes to bigger profits accumulation, but long term hodling is still as good as trading too as long as you’ll never be tempted to sell when price crash suddenly appears.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform

3. Trading Bitcoin:
I included this as one investment strategy because one would have to have invested some funds in Bitcoin, before it could be used in whatever format one deems fit for the best profit taking at the time. One way besides the others aforementioned for short term gain is to be a merchant trader. However, gains or losses from trading may be affected by the market volatility.


Getting involved in the market day in and day out. This is simply trading the daily volatility that is also why it is called day trading. Emotions and one's psychology is crucial part of this strategy because every time you're in front of charts, you are responsible to create high-quality decisions. Be objective, analytical, and not based on emotions.

One should really be thinking in probabilities. Actively get in front of charts and would demand a level of understanding. That is why trading for a living is like any profession to master. It would take years, many failures and trial and errors. This is the game I want to play. This is the way to make easy money, the hardest way because it requires self-mastery and one's methodology.
legendary
Activity: 2170
Merit: 1789
DCA is a good strategy in Bitcoin investing especially when the market moves from bearish to bullish trend.
At the end of the day, DCA is just a way to average your buying price lower so you can still make profits when the price moves up. At least that's what I understand from how experienced traders share their tips.
Many people are staking. But the most important thing is to me that I am holding bitcoins. I'm not collecting bitcoins for the short term profit rather trying to invest it for the long term. For me, holding is the most effective strategy for the long term in Bitcoin. Here my risk comparatively will be less and profit margin will be higher.
If by staking you refer to locking your Bitcoin with a centralized party, I don't think that's a good idea. The protection in case something terrible happens is rare, not to mention you don't control your coins at all. It's very risky and not the best choice if your risk profile is not that high. I'd suggest people avoid them if possible, and just DCA even if they wanted that passive income that bad.



sr. member
Activity: 1288
Merit: 451
Don't HODL if you don't have saving in cash to use and all your money is in bitcoin.
All of us who work in cryptocurrency want to hold on. It is true that those who do not have cash savings are better off not holding. For those of us who work here and make a living, our needs are always close at hand. So at any time we have to sell those held investments. It has been seen that there are times when I have held but for necessity I have to sell the investment held at a very low price. So it is better for us not to hold.I'm not holding anything back at this point. I immediately convert whatever I get into my country's money. Because need is always with us.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
I'm still holding back and continuing to do DCA while the bitcoin market is still low as it is now. For the time being, both things are working well for me and supported by market conditions that are still slowly improving, it gives me more opportunities to collect bitcoins.

But if you know much about trading, you can try it and collect more bitcoins. As long as market conditions have not yet experienced a larger reversal, we must use this opportunity to our advantage. You have to find a strategy that suits you because each of us has a different strategy.
sr. member
Activity: 1106
Merit: 421
Vave.com - Crypto Casino
DCA is a good strategy in Bitcoin investing especially when the market moves from bearish to bullish trend. There are different ways people invest in Bitcoin. Someone is trading Bitcoin because Bitcoin is going to bullish and have the probability to get success. Many people are staking. But the most important thing is to me that I am holding bitcoins. I'm not collecting bitcoins for the short term profit rather trying to invest it for the long term. For me, holding is the most effective strategy for the long term in Bitcoin. Here my risk comparatively will be less and profit margin will be higher.
I would like to agreeing with you but I wanna also say that making DCA strategy is always good when you are going to trade whether is can be short-term trading or it can be also for long-term trading. Because I think the crypto market is unstable most of the time and due to this instability the price always goes up and down so it will always be better not to invest your entire fund together in the same range. So for avoiding risk and to earn a perfect profit I think DCA making is better for both long-term and short-term trading.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
DCA is a good strategy in Bitcoin investing especially when the market moves from bearish to bullish trend. There are different ways people invest in Bitcoin. Someone is trading Bitcoin because Bitcoin is going to bullish and have the probability to get success. Many people are staking. But the most important thing is to me that I am holding bitcoins. I'm not collecting bitcoins for the short term profit rather trying to invest it for the long term. For me, holding is the most effective strategy for the long term in Bitcoin. Here my risk comparatively will be less and profit margin will be higher.
hero member
Activity: 2968
Merit: 670
www.Crypto.Games: Multiple coins, multiple games
The term has become popular and didn't know that this has a meaning and I guess just some other members made meaning out of it. Because it basically has no meaning at all and is just a misspelling for holding because gamekyuubi was drunk when he posted the thread.
Anyway, this is my preferred strategy. Not gonna need much things to do but just you wait for the moment when you're okay to start selling or wait some more and go through again a lot of thick and thin and bear markets as well.
There’s no need to complicate things, taking as easy as DCA for long term hodling is still profitable though. That’s the reason why a lot of newbies or legends in the forum are still hodling for life. And with the recent price drop for bitcoin, DCAing is the best option. The more you DCA, the lesser the risk you put into your investment.
I have suggested this for so long, all you have to do is keep on following DCA for a long enough time and you should be fine, nobody should be losing too much money when you consider that all you have to do is buy DCA style and keep doing that for many years.

Bitcoin investment is easy, it is us that makes it so much harder because we try to do stuff that would not be that easy for any of us. Like trying to buy low and sell high is awesome, because if you can buy low and you can sell high then you will be doing awesome. However, most people fail to do that and they start selling with panic when it starts to go down. Don't do that, buy more when it goes down so you can make a bigger profit when it goes up and you should be fine.
hero member
Activity: 616
Merit: 749
Recent cryptocurrency investors, especially new ones, might find that

3. Trading Bitcoin:
I included this as one investment strategy because one would have to have invested some funds in Bitcoin, before it could be used in whatever format one deems fit for the best profit taking at the time. One way besides the others aforementioned for short term gain is to be a merchant trader. However, gains or losses from trading may be affected by the market volatility.

Trading is one of the ways of investing in Bitcoin and it isn't much of a risk as people say it is when you have learnt very well and understood what you're doing. The problem most newbies have is that they rush into trading without understanding how to go about it. They feel with their luck and gambling skills that they can use same technique for the market and it'll work out for them.

For those who use that technique, beginners luck helps them when they just started but as time goes in, they'll realize that they don't understand anything about the market and will quit but before then, they might have lost some money. I use trading to get capitals to assist me in accumulating Bitcoin sometimes.
hero member
Activity: 1400
Merit: 911
Everyone is have his own investment strategy, and my investment strategy might not work for you, so I believe it’s better everyone get his own strategy. For me my best investment strategy is Holding, which have been working perfectly for me for years, any cash am having and I won’t be using for that particular time, I always use it to accumulate more bitcoin and I don’t really care if bitcoin is going to dump more or pump.
legendary
Activity: 2254
Merit: 1052
Leading Crypto Sports Betting & Casino Platform
DCA is the best strategy, though I don't usually give much attention to this if I am buying to hold for the long term, whatever coin or token I chose to invest in, before I make such decision, I usually visualize and set my selling price target in my mind, and as long as I am buying the coin way below my targeted selling price, it no longer matters to me whether DCA or not, I just buy at whatever price I meet the coin when ever I feel like topping up my bag..

DCA best works for me when I am buying a coin with the target of selling it off for profit in the shortest period of time.
Pages:
Jump to: