Topic: What's your most preferred Bitcoin investment strategy right now? - page 4. (Read 439 times)

People start with Bitcoin by thinking it can rise more and more, rise forever and make new all time high back-by-back. The reality is it won't happen and they will return to reality that they can not HODL hold on dear life with all capital spent in Bitcoin. They need cash to spend in real life and they can not HODL.

When reality becomes worse and painful, they must sale off their bitcoins and regret that they did believed in influencers who always say HODL!

Don't HODL if you don't have saving in cash to use and all your money is in bitcoin.

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.

DCA is a good strategy when you are a long term investor and this strategy works best in bear market especially about one year since a start of bear market when bottom is mostly in and price is about -70% or -80% from all time high.

DCA in a bull run is more risky because you can DCA at mini top or around all time high but the biggest reason why you DCA is you believe that price will be much higher than a price you buy it after a few years. In addition, with DCA you will not have to feel uncertain what is bottom, when to buy, don't have to time in the market. It will help you to feel more easily to make decision without impact from market up or down and your emotion.

I disagree with hold on dear life because you must to sell your bitcoin at some time, to get your initial capital and to prevent that you will lose all including initial capital if anything which is super bad like a black swan event on bitcoin. Sell your bitcoin when its price is very high from your entry price that is enough for you to get your initial capital by just selling 10% or 30% of your bitcoin amount.

After you sell part of it and get your initial capital, you can say I am not a hodler and will hold on dear life my bitcoin. Nothing to lose after getting initial capital back.

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.

1. Stacking Sats':
This is in short a nick name which in English term would refer to "accumulating Bitcoin". While 'sats' would mean Satoshi, as the smallest unit of Bitcoin, stacking would simply imply heaping or storing up.

With both words combined to give the synonym for dollar cost averaging Bitcoin, it suffices to say that this is purchasing small amounts of BTC on a regular basis over a duration one chooses.


2. HODL :
Hold on for dear life!
As of 2013, the term HODL first came on to the scene in a Bitcoin talk forum when a frustrated trader under the username GameKyuubi was letting his bottle of whiskey do the talking and posted the now infamous thread “I AM HODLING”.

The point of GameKyuubi’s post was to let the cryptocurrency world know that, despite the serious fall Bitcoin had just taken, they planned to still hold on to their BTC. What GameKyuubi didn’t know was this simple typo would soon become an iconic term used by crypto communities around the world. HODL started gaining traction in mainstream media and late-night television, in addition to being held responsible for the creation of countless memes.

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.

*Are there other investment strategies you know or have explored to the best benefit?
*Which among the aforementioned strategies would fit your investment plan and why?

Let's discuss!



For more read and reference visit the links below:

https://www.cryptovantage.com/guides/what-is-hodl-in-cryptocurrency/#hodl-meaning-and-origins

https://dcabtc.com/what-is-stacking-sats