Topic: What's your most preferred Bitcoin investment strategy right now? - page 3. (Read 418 times)

For newbies, knowing they are more greedy than experienced traders or hodlers, they will surely want to be more active in trading because they really believe that it could be the best way to make them rich instantly. But when reality hits them, that they are more prone to losses when trading, that’s the time they start to settle on hodling. Even myself, I was also like that before, but now I realized that there is better opportunity to make profits from long term hodling, just be patient and never get bothered with price fluctuations, surely you will make it big in the end.

To me, HODL is the best strategy because I don't have enough time to monitor the crypto market that is controlled by market makers in the name of trading Bitcoin; instead, I hold my Bitcoin and set a target date for when I will sell my Bitcoin and then set aside the wallet until then.

This strategy HODL can only be done if you can be patient to keep your Bitcoin for some time in order to get more profit, but you will have to invest the amount you will not use anytime soon unless an urgent issue that is very important that deserve to be solved by all means.

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.

Lol no, hodl is a typo someone made way back in the day when they wanted to write hold, that's about it and nothing more. That became a meme and everyone started to say hodl instead of hold, it's basically right that you hold for your dear life, because it's bigger than hold, it's not just holding, but it is holding even when there is chaos.

Hold even if it goes down 50%, hold until it gives you 10x, those are not simple holding, that's not something you usually see in stock markets, that's something you do for profit and that's awesome. I personally believe that the best thing to do would be making sure that you are profiting from it by giving it some time. You may not make a profit in a day or two, but you could in a year or two.

HODL can be considered the best task when you have good amount of Bitcoins in your wallet. But to be honest I don’t consider this as an strategy. Rather for a middle class man, this is just a pure and safe analysis. Holding the Bitcoins for a long period of time is the only method that is safe, and slow in generating the profits. We also know that Bitcoins are limited in number and the demand to accumulate the coin is increasing among the masses, so if you hold the coin for a longer period of time, then in future when the price will be high, we can sell the coins in high price and can generate high profit from it.

The best thing would be to combine both DCA and HOLD strategies together and you should be good for both the short and long term. Seeing if the price starts correcting after hitting $30.5k, one should get ready to start doing DCA as it falls down further, and once it starts going up again, they should simply hold on to their nerves.

The price might not go too deep this time, some people are expecting it to go around $20k but I would say that is a lot to expect, it might go around $24k or something and even that would be a great price for people to buy more if they want.

It all depends one’s knowledge and financial situation. Trading will be looked at by those who possess the trading skills but a raw individual in the market will be taking a huge risk to trade. People who are eager to make lots of profits look also at trading.

The Holding method is actually the best and most secure strategy for someone with little knowledge of crypto. Those that see bitcoin in particular as a store of value just buy and leave their funds there, some for future profits and others to avoid the depreciation that affects the fiat.

DCA strategy is used by mainly salary or weekly income earners that wants to have their funds stack in bitcoin. This method is my most preferred because it doesn’t requires much knowledge like that of trading and when bitcoin is on downturn trend the risk is easily reduced than those holding. The DCA method is preferred by me because it kind of capitalizes on the loss ground gain by early adopters. With DCA I could accumulate more and also reduce risk of buying at higher price

DCA is the easiest way to get more exposure in the market especially if you have a limited budget.
I've been doing this since last year when the price are still cheaper, and right now I can say its all worth it. DCA is the best strategy to those who don't have much time to analyze and monitor the market, usually they are the one who have a long term goal and personally I will sell if the price reaches the level of $50k again. In DCA you should have your target, holding for longer time might not be ok as you may miss the opportunity to take profit since dumping are inevitable as well.

Actually, I thought of it as if there's really no meaning on it but a misspelled word just as been said and posted by gamekyuubi. Anyway, that's not important if there's a meaning or none because it's just the same. There have been other terms that's been used every time we're on a bull run, IIRC on 2017 and backwards, you'll mostly hear and read people say about these two words.

• when moon? [moon]
• when lambo? [lambo]

The answer to your question, What's your most preferred Bitcoin investment strategy right now, will vary depending on the money you have.

• Whoever has surplus money and does not want to use it now, HODL will be better for him instead of DCA because the value of bitcoin is variable and increasing, while the value of cash will decrease with time.
• Whoever has a few money that he strives to save, DCA is better for him, as he will buy every week for a fixed amount, and if he gets a financial surplus, he will not change this policy because an emergency situation may suddenly happen to him.
• Whoever has free time will try to trade or learn a skill that generates additional income for him.

HODL and DCA
When combined together they do wonders. And although whichever one is selected is dependent on the goal the individual has set for themselves.
As an individual whose goal is 1 bitcoin by 2024. I have adopted the DCA investment strategy. It helps me build consistency and my mind is always in the state of rest because I do not get to be worried about the market volatility, FUD and all of those other unforeseen circumstance. Now that the price of bitcoin is up, it still doesn't matter to me. So these two strategies are the top strategies on my list the others are secondary.

I have two major strategies that I've been using regarding my bitcoin saving lifestyle, i use DCA to buy bitcoin which is a little by little method of accumulating bitcoin and in addition, i do use the holding method on my investment to keep the coins for a while to serve as an asset that helps me have financial freedom over time with what i have, doing this doesn't mean that one can not partake in having experience with bitcoin price volatility, because this will alwa occur but we make more profitability when we hodl till bullrun is achieved.

I don't think newbies like HODL because newbies are people who don't have much experience but always want to make money quickly. Most newbies will start with trading, especially futures trading, because they think that just buying low and selling high will be profitable and won't take too long. But after having a bad experience in trading, they start thinking about holding for a long as it is less risky as well as better return.
To be honest, some people in my locality get rich with bitcoin, but mostly holding, I haven't seen anyone get rich through trading, so I'm also a long-term holder.

I thought HODL stands for "hold on dear life" as you hold on your funds waiting for the right timing to have your calls. I don't used this method as you just wait for the high pump of the Bitcoin without guarantee when it will happens since its a volatile system. Plus in the term HODL, if you wait for profit and you'll need some money then it's not recommended. In the OP list mentioned above I'll stick into trading as you can control whenever to buy and sell for you to profit, of course its not that easy there's also the risk that your money get liquidated. Still its up to you whatever strategies suits for you, you don't have to follow anyone's capability as we have different skills and knowledge when it comes to crypto.

I'm not active as of now on trading so I would say I only buy low sell high Bitcoin from time to time. Most of my bitcoin are on HODL for a certain purpose, I'm still waiting for the next bull run and gonna buy something with the profits. I believe it depends on each people who have Bitcoin on what to do about it, but newbies prefer HODL I guess if I'm not mistaken because that's the easiest way to make profits in the long run if you do have a lot of patient as well.

I think this is what they are calling "Dollar-Cost Averaging".
Well, accumulating Bitcoin overtime is for me the safest approach when it comes to investing in cryptocurrency. Buying at once can also be a good strategy, but the bad negative thing on that way is that, you might lose an opportunity if Bitcoin goes even lower in price, and you don't have money to buy it at a lower price.

Overall, stacking sats, or Dollar-Cost Average is kind of the same that you are stacking Satoshis. The only difference I guess is that... there's no difference on it.

Well, that term really became popular especially in this forum. This is why I love the forum. There are many things that happened only here, and will only happen here. That infamous HODL, some famous names like Satoshi, Hal etc. posted here, the person behind the infamous 10,000 Bitcoin pizza.

Anyway, I guess there's no need for an explanation with this one already because it's on the name already. On the other hand, I will not do this one because it's like "You will hold your Bitcoins until you die." which is not one of my plans. I still want to give my Bitcoins to some other people if my time comes, but anyway, I hope that people took "Holding on for dear life" phrase as "Holding long term".

This is where most of the profits are.
At the same time, this is where most investors are losing money.

The most riskiest way of the three. Trading Bitcoin is considered an investment because in order for an investor to trade, you must invest Bitcoin. Still, those expert traders are the ones who are gaining the most profit thru trading, and where they are getting those profits? From the investors who are losing on their trades.

There are many names, and the meaning is the same, so everything you are trying to say above is not strategy, but rather buying and keeping Bitcoin, whether it is for a short term (trading) or a long term (HODL or Stacking Sats)

The trading strategy is to determine what you will do to increase the bitcoins that you have, and not to determine the term at which you will sell them, although it is the virtual form of the trading strategy.

What makes it a successful strategy varies according to the user, money, experience and many details that differ from one member to another.

For investors, DCA is the main tool that has been proven and tested in several years of digital or cryptocurrency in this industry. The Bitcoin halving happened several times and everyone who made DCA in Bitcoin enjoyed saving and got a good return on it.

That's why this time, the average number of communities that are now doing Bitcoin savings or other altcoins has increased. Although there is a risk, most people still believe that the expected events will come true in the future that the value of bitcoin will really increase and other top altcoins will take care of kicking the value of bitcoin during the bitcoin halving or bull run.

That's a painful reality that you've said and only a few survive that actually HODLs for their dear lives or managed to hold until the end.
The time will come when each of us has to sell our bitcoins for our needs whether it is a basic or an important matter. That's how it goes and we can say that no matter what we're thinking of holding for a long, the time is inevitable that we have to do it whether we like it or not.
Still, if you're enjoying the ride and you're happy of holding it, there's no need to be wary of your strategy that have been effective not just for a few people but probably millions of holders.

Inflation is getting higher than last year which makes no more money to buy Bitcoin or another crypto because I must meet all basic needs in my life. But, it's not reducing me to invest, I find another way to do investment, which is to earn sat from a job signature campaign. Maybe it not much, but I try step to keep it in my cold wallet. I never touch it until now, I have plan to hold it until 2035 to pay for college my Son and Daughter.