Bitcoin Forum

Economy => Trading Discussion => Topic started by: CryptoQED on October 24, 2022, 06:55:56 PM



Title: Best Bitcoin And Ethereum Strategy In 2022
Post by: CryptoQED on October 24, 2022, 06:55:56 PM
Bitcoin and Ethereum remain stuck in a range with no clear direction during today’s trading session. The crypto market’s uncertainty has been smashing on long and short positions, but one sector is blooming under current conditions.

At the time of writing, Bitcoin trades at $19,360 with sideways movement across the board. Ethereum is displaying similar price action in this choppy environment, with most cryptocurrencies in the top 10 at a loss or lateral movement.

2022 Crushes Bitcoin And Global Markets
According to a report from the trading desk QCP Capital, this year has been the worst performing for investors with a cross-asset portfolio. If an investor-owned Bitcoin, stocks, and gold as part of their strategy, their capital would be in the red.

As seen in the chart below, the only assets recording gains are those in the energy sector, with crude oil and natural gas taking the lead. The former recorded the best performance in 2022 with a positive 34%, followed by a 4% in crude oil (WTI).

The crypto market has been the biggest loser under current macroeconomic conditions. Bitcoin and Ethereum recorded 66% and 72% losses, respectively. In traditional markets, only the Nasdaq 100 records a similar drawdown of 40%. QCP Capital wrote:

Outside of energy, the breadth and correlation of underperformance is stunning – every single macro financial benchmark is underwater in real terms (…). Today, with every category of fixed income returning negative real returns – there was essentially nowhere you could have hidden out this year and beaten inflation.

https://cryptonews.com.co/bitcoin-news/best-bitcoin-and-ethereum-strategy-in-2022-this-report-answers/


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: Upgrade00 on October 24, 2022, 07:04:26 PM
Your post is better suited in the economics section or maybe altcoin discussion.

About the best Bitcoin strategy? That would be Holding if you own some of it or buying if you do not at the current discounted price

You can of course also diversify to other industries which are profiting more during these bear periods.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: bocyaj on October 24, 2022, 07:23:20 PM
Bitcoin was consider as the King to the crypto currency.The only reason is,because of bitcoin many coins get into this platform.Secondly the Ethereum was considered as the queen to the market,because it was sole responsible for the launch of many altcoin to crypto currency market.After the price of bitcoin transaction fee was increased,the Ethereum was used for the transaction.So it was second rank crypto currency with the valid points of leading the crypto currency market.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: Baofeng on October 24, 2022, 08:29:53 PM
Well it's obvious that we have been seeing a sideway pattern for the last 4 months. For some this is not good as their portfolio is in red, nevertheless for experience and smart investors, this is a great opportunity to just restock sats in your wallet because the price of bitcoin is around -70% from it's all time high, so it is at a discount.

So the best strategy is DCA, and I would say is very safe even for newbies to implement as it is very easy.

Quote
Dollar-cost averaging involves investing the same amount of money in a target security at regular intervals over a certain period of time, regardless of price. By using dollar-cost averaging, investors may lower their average cost per share and reduce the impact of volatility on the their portfolios.

https://www.investopedia.com/terms/d/dollarcostaveraging.asp


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: boyptc on October 25, 2022, 11:12:56 AM
Can we not appreciate the fact that bitcoin has went low to $17k during this bear market and still above from that low? Whilst for Ethereum, lowest was around at $900 and is now at $1,344.

In fairness for the oil industry, during the height of pandemic, they're the biggest loser. And now that economy is becoming back to every country, demand is increasing, and OPEC has limited the barrels per day which resulted to them as mostly wins and will surely expand the gains that they're getting now.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: joniboini on October 25, 2022, 02:20:35 PM
A sideway movement is an excellent thing if you're doing leverage, as long as you don't put too many funds into a position without proper risk management. If the pattern is consistent you can make a decent profit. Sadly not everyone has the patience or self-control for that.

A bear market is not uncommon, just DCA as mentioned above if you still believe in the market and has no funds or time to trade weekly/daily.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: hugeblack on October 26, 2022, 07:40:40 AM

The crypto market has been the biggest loser under current macroeconomic conditions. Bitcoin and Ethereum recorded 66% and 72% losses, respectively. In traditional markets, only the Nasdaq 100 records a similar drawdown of 40%. QCP Capital wrote:
This phrase is selective, if we enlarge the search, we will find that the performance of Bitcoin was perfect, except for those who bought at the wrong time (at levels above 40k)

We are also expected to bounce back to the price of 30k, which appears to be a reasonable range, and therefore the performance was not completely negative, but it is bad compared to oil.

Diversification of investment is the key, and therefore even if a person loses part of his wealth when bitcoin losing its value, waiting for several years will give a better return on average in most (if not all) investments.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: maydna on October 26, 2022, 04:09:56 PM
Right now, the best strategy for bitcoin and ethereum is to buy on a DCA basis and hold both for the long term. But it will look difficult if we don't have the basics to analyze when we can buy it because the price will still fluctuate. But if we can analyze consistently, we will find a gap to enter the market and buy it at a low price so we can hold it without worrying. And right now, you may need to wait a bit because bitcoin and ethereum are getting a pump, so the price goes up to $20k. You can wait until the price is back to $19k or even lower if you want to buy it or you can also buy it now for small money to see how it goes.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: jaberwock on October 27, 2022, 09:11:22 PM
Right now, the best strategy for bitcoin and ethereum is to buy on a DCA basis and hold both for the long term. But it will look difficult if we don't have the basics to analyze when we can buy it because the price will still fluctuate. But if we can analyze consistently, we will find a gap to enter the market and buy it at a low price so we can hold it without worrying. And right now, you may need to wait a bit because bitcoin and ethereum are getting a pump, so the price goes up to $20k. You can wait until the price is back to $19k or even lower if you want to buy it or you can also buy it now for small money to see how it goes.
I think the first thing is to identify first if what term will suit us. In investing, there are two main terms here which is long term and short term. If we are into longer terms then the DCA strategy would be perfect for us since in DCA you won't really minding the fluctuations but you are forced to buy a coin at your set dates.

For those who are into shorter terms then they are the ones that will need an analysis even if the coins that they invest are already safe. They need to take advantage of that fluctuations. Lastly, if we are sure that btc and eth is going for a pump then why wait? If you are interested of earning immediately then you can start buying now.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: jossiel on October 27, 2022, 09:27:04 PM
The crypto market has been the biggest loser under current macroeconomic conditions. Bitcoin and Ethereum recorded 66% and 72% losses, respectively. In traditional markets, only the Nasdaq 100 records a similar drawdown of 40%. QCP Capital wrote:
On other markets, Amazon and Meta's stock crashed to 20% just this day. While bitcoin, it has been up by 5%.

And Ethereum has also been up for the past days together with bitcoin. While some other stocks have fell, there goes the two biggest cryptos in the market having their share.

But I guess the party is up and over and they have to go through with a sequence of correction again.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: roslinpl on October 27, 2022, 09:43:57 PM
Bitcoin plays huge role in the market now.People with less trading knowledge,always loss their bitcoin.Mostly the new traders will do this.They will buy at certain price,then when the market dump.They will loss their hope on bitcoin.They force to undergo the panic selling.Trading is not only based on the market,it also depends on the people mindset in the trading.Ethereum also had good number of in investors.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: tvplus006 on October 27, 2022, 09:48:40 PM
...But I guess the party is up and over and they have to go through with a sequence of correction again.

I think that the bitcoin price will not return to the previous price level and after some sideways movement it will continue to increase. But in any case, it is impossible to accurately predict the further movement, so everyone must act according to their strategy.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: DoublerHunter on October 27, 2022, 10:42:52 PM
Right now, the best strategy for bitcoin and ethereum is to buy on a DCA basis and hold both for the long term. But it will look difficult if we don't have the basics to analyze when we can buy it because the price will still fluctuate. But if we can analyze consistently, we will find a gap to enter the market and buy it at a low price so we can hold it without worrying. And right now, you may need to wait a bit because bitcoin and ethereum are getting a pump, so the price goes up to $20k. You can wait until the price is back to $19k or even lower if you want to buy it or you can also buy it now for small money to see how it goes.
^Both are good to invest in, they have both individual blockchains that are very useful and many exchanges have this pair, the BTC and ETH pairs.
So in a DCA way of investing trusted crypto are the best way to make a profit which is safe for everyone and could you have control over your losses once there is. However, many investors prefer to hold and store value than use their coins as a normal transaction. The best strategy for me is to keep holding and keep growing your porfolio.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: samcrypto on October 27, 2022, 10:47:04 PM
...But I guess the party is up and over and they have to go through with a sequence of correction again.

I think that the bitcoin price will not return to the previous price level and after some sideways movement it will continue to increase. But in any case, it is impossible to accurately predict the further movement, so everyone must act according to their strategy.
The recent pump is not that strong though, correction can still happen but hopefully it will not be lower than $18k again. I just have a simple strategy this bear market, I just bought at a cheaper price and then take profit right now because It’s already a good profit to me and all I have to do is to wait for another opportunity to buy, it’s not easy to chase the market so make the best out of it and enjoy every profit.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: GreatArkansas on October 27, 2022, 11:53:48 PM
...But I guess the party is up and over and they have to go through with a sequence of correction again.

I think that the bitcoin price will not return to the previous price level and after some sideways movement it will continue to increase. But in any case, it is impossible to accurately predict the further movement, so everyone must act according to their strategy.
The recent pump is not that strong though, correction can still happen but hopefully it will not be lower than $18k again. I just have a simple strategy this bear market, I just bought at a cheaper price and then take profit right now because It’s already a good profit to me and all I have to do is to wait for another opportunity to buy, it’s not easy to chase the market so make the best out of it and enjoy every profit.
The recent pump could be a sign that we will have a good month next month (November). Because it's really a coincidence that the pump happened on the last days of the month and I believe the monthly candle is about to close. For me, it was testing the $20,000 level of  Bitcoin and bears succeed to break the $20,000 level and it's very positive for me.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: lienfaye on October 28, 2022, 12:59:33 AM
As seen in the chart below, the only assets recording gains are those in the energy sector, with crude oil and natural gas taking the lead. The former recorded the best performance in 2022 with a positive 34%, followed by a 4% in crude oil (WTI).
Because of the inflation and the drastic increased to these products, it's not surprising that this sector is on top when it comes to asset gains. Anyway, it's obvious that this year is not so good for Bitcoin, ETH and other altcoins because the prices are not moving upward and even there's a minor price increase it didn't last long. Hence, if you are an investor of crypto (particularly BTC and ETH) the strategy that might work to have a possible huge gain in the future is buy at this cheap price and hold for long period or until the price reached a decent amount for you to sell. It requires having a long patience since we don't know when we're going to wait until bullish season occur or like most investors predicted, until the next halving.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: rhomelmabini on October 28, 2022, 08:37:02 AM
Strategy during the bear market for Bitcoin and Ethereum? Isn't it accumulation? Lot of people wants to timing the market yet that will be too quick and people will still think it will decrease more. We could have been bottomed already or not but the proven and tested strategy is to accumulate while it's cheap and wait until it goes parabolic again, both of these assets will not fail in my opinion if you are holding them.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: Nrcewker on October 29, 2022, 12:25:46 PM
Your post is better suited in the economics section or maybe altcoin discussion.

About the best Bitcoin strategy? That would be Holding if you own some of it or buying if you do not at the current discounted price

You can of course also diversify to other industries which are profiting more during these bear periods.

In case of Bitcoins, it will be better if OP holds it as much as he can. As currently Bitcoins are down to 1/3rd of it’s original price. So holding it will be the best Option.
Regarding other industries and coins, I won’t suggest the OP to invest without any prior knowledge. Also currently due to the bear market many altcoins are in danger, so it won’t be a great decision to add those alts in the bag.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: Taskford on October 29, 2022, 01:24:51 PM
Your post is better suited in the economics section or maybe altcoin discussion.

About the best Bitcoin strategy? That would be Holding if you own some of it or buying if you do not at the current discounted price

You can of course also diversify to other industries which are profiting more during these bear periods.

In case of Bitcoins, it will be better if OP holds it as much as he can. As currently Bitcoins are down to 1/3rd of it’s original price. So holding it will be the best Option.
Regarding other industries and coins, I won’t suggest the OP to invest without any prior knowledge. Also currently due to the bear market many altcoins are in danger, so it won’t be a great decision to add those alts in the bag.

Needless to say that we need to be more careful on investing especially with alts since we don't know yet if they get a bounce back once bitcoin market goes more better. If they save more bitcoins when bear market take effect then its good for them and somehow this is good to hold knowing bouncing back is normal traits with bitcoin.

But even though it has a traits like this they also need to do their own research about volatility since maybe from researching they can save time to use on researching more wild crypto contents.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: goaldigger on October 29, 2022, 08:02:32 PM
Strategy during the bear market for Bitcoin and Ethereum? Isn't it accumulation? Lot of people wants to timing the market yet that will be too quick and people will still think it will decrease more. We could have been bottomed already or not but the proven and tested strategy is to accumulate while it's cheap and wait until it goes parabolic again, both of these assets will not fail in my opinion if you are holding them.
This is indeed the best option to deal with the bear market, a perfect timing to accumulate and profit taking for every day trader since the market becomes more volatile and they like this trend. Bitcoin and Ethereum will continue to lead cryptomarke, they are rhe best asset of crypto dealing with these top coins can increase the chance of getting profit.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: palle11 on October 29, 2022, 09:23:55 PM
We could have been bottomed already or not but the proven and tested strategy is to accumulate while it's cheap and wait until it goes parabolic again, both of these assets will not fail in my opinion if you are holding them.

DCA is the right thing for bear investors. You buy cheaper and accumulate it gradually. This is a good way to invest cheap when btc is dropping. Example if you have $500 total to invest in bitcoin, you can buy gradually in bits by $100  at a buy anytime the price drop and with this, you have more quantity of bitcoin than buying $500 at once. At every fall is an opportunity to buy some btc.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: Silberman on October 30, 2022, 09:07:55 PM
Your post is better suited in the economics section or maybe altcoin discussion.

About the best Bitcoin strategy? That would be Holding if you own some of it or buying if you do not at the current discounted price

You can of course also diversify to other industries which are profiting more during these bear periods.
Basically this, selling our bitcoin just when we are so close to the bottom is a mistake, anyone that wanted to sell their coins should have done it when the market was beginning to crash so they could have obtained a price between 50k-60k, if they failed to do this then they are trapped in this market and their only options are to hold their coins and wait until the next bull run or execute a DCA strategy to lower the average price at which they bought their coins.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: cheezcarls on November 02, 2022, 08:05:05 AM
There is no other effective strategy other than holding and/or DCA (dollar-cost averaging) for me when it comes to Bitcoin and Ethereum. Day trading would be another strategy, but that's not my forte as I am a long term thinker and not skilled in technical analysis or so. 

My mistake back then was losing hope early on Bitcoin before the big bull run in 2020. I could have made a lot to be honest during that time, but it was stupid for me to let it all go. But ever since I came back and started DCA'ing on Bitcoin, there's no looking back now as long I have extra "not beer" money.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: justdimin on November 02, 2022, 08:08:06 PM
There is no other effective strategy other than holding and/or DCA (dollar-cost averaging) for me when it comes to Bitcoin and Ethereum. Day trading would be another strategy, but that's not my forte as I am a long term thinker and not skilled in technical analysis or so. 

My mistake back then was losing hope early on Bitcoin before the big bull run in 2020. I could have made a lot to be honest during that time, but it was stupid for me to let it all go. But ever since I came back and started DCA'ing on Bitcoin, there's no looking back now as long I have extra "not beer" money.
That was the problem for many people, since it didn't look like it was doing anything special, we all believed that it would be gone but in reality, there was a recovery coming around if we waited a bit more. I was lucky enough that I started accumulating before the bull run, and that gave me such a good chance in life to reset everything back to normal.

Of course, with this crisis again things are looking bad, the debts are growing, humanity is in trouble of its creation all over again but that doesn't mean that we can't make any profit. Just focus on the future when things will be alright again and make your investments accordingly and you should be fine.


Title: Re: Best Bitcoin And Ethereum Strategy In 2022
Post by: Silberman on November 02, 2022, 08:32:28 PM
There is no other effective strategy other than holding and/or DCA (dollar-cost averaging) for me when it comes to Bitcoin and Ethereum. Day trading would be another strategy, but that's not my forte as I am a long term thinker and not skilled in technical analysis or so. 

My mistake back then was losing hope early on Bitcoin before the big bull run in 2020. I could have made a lot to be honest during that time, but it was stupid for me to let it all go. But ever since I came back and started DCA'ing on Bitcoin, there's no looking back now as long I have extra "not beer" money.
What happened to you is something that happened to a lot of people as the bear market we went through from the beginning of 2018 to the beginning of 2020 was brutal, so I do not blame anyone that quit during that time, however all of those that did not comeback did lost a huge opportunity to buy bitcoin for a low price and make incredible profits, fortunately you decided to comeback and this means that as long as you can keep buying during this bear market then in a few years your efforts will be rewarded, since the next bull run will probably bring the price above 6 figures for the first time ever.