Bitcoin Forum

as a fellow bitcoin investor, what strategies have you found to be most effective, to maximizing your returns while minimizing risk?

do you prefer to hold bitcoin for the long term or you actively trade based on market trends?

and what resources or tools do you use to stay updated on the latest news and analysis related to bitcoin and other cryptocurrencies?(or you does not care about most of the news)

Yes, I'm a long-term holder and am also a day trader. I have a few bitcoins that I have purchased and stored somewhere, which I gift to myself as birthday gifts and have decided to hold onto for so long that I don't even know when I will ever decide to sell them off, maybe after my first child is born, or when bitcoin will actually turn $100-$300k. 😉

One thing about day trading is knowing the right time to buy and the right time to sell, because you might have some volume of BTC and when you see a higher price, you might be tempted to sell with the hope of buying back when the price drops, but you might end up seeing it hit an all-time high. 
So just trade with a strategy that favors you; what favors me might not be what will work for you. 

The most effective trading strategy can vary from person to person as each individual may have their own unique approach. The holding period for trades may also differ based on personal preferences. Personally, I tend to adjust my holding period based on market volatility and take advantage of fluctuations. However, my primary goal is to increase my portfolio through active trading

My only strategie is to DCA and hodl! And only Bitcoin. No more no less!
There is no point, in my point of view to be stressing with trading neither with Bitcoin nor any other shitcoin.
Around 5 years ago when I started, yes, I tried trading shitcoins, but I have no time to pay too much attention to charts, so I quickly acknowledge that that was not for me at all!
I usually put a side a couple of shiat coins per month and buy Bitcoin and let it rest!

I'm a hodler. I used to trade...
to be honest, I used to trade alcoins in the ICO era, then invest in altcoins for longer term, mainly ETH and Cardano, then I became more of a bitcoin maximalist.

Now I'm a hodler. I don't trade anymore. I have some of the altcoins that I used to trade in 2019 but I got rid of most of it and turned it into bitcoin. I don't use many resources or tools to stay updated. This forum is usually enough, but I read some outlets or watch youtube channels like the daily hodl from time to time.

I think that holding is much better if you don't have time to monitor the price. If you're unemployed, by all means, turn to trading. If you have a job, don't undermine it by staying up at night watching bitcoin charts.

My effective strategy is to do DCA every week and this does not maximize profits in the short term because I don't day trade to make profits but it is enough for me to hoard more bitcoins and minimize risk more because I will wait for the right momentum to strike sell it later.

Currently prefer long-term projects with bitcoin rather than trading, but it depends on us doing if the trade generates a sizable profit why don't you do it?
Only now more focus on bitcoin as a Holder.

You have posted about this in other threads, and others have answered about the latest crypto news tools.

I forgot about that site in which we can see all latest news at one platform (https://bitcointalk.org/index.php?topic=5448024.0)

Bitcoin is usually held by me for the long term, moreover Bitcoin is a currency that you will not get good profits if you hold it short term. Holding Bitcoin for the time being for three to four years can yield fairly good results. But the whole year 2022 was the best time to invest in Bitcoin. Because 2022 was full of bloody events and the Bitcoin market was below $16,000.
Those who invested in Bitcoin at that time and decided to hold it for a long time now have the opportunity to double their profits. Moreover, in the coming halving years, if Bitcoin surpasses the highest market in 2021, then unimaginable profits will come to those who invest and store it at the present time.

I had always intended to hold bitcoin for a very long time, but due to the constant ups and downs in price, I chose to use the DCA strategy so that I could gradually reap the rewards until the price of bitcoin began to soar.

The candlelight of crypto is about to shine. Bitcoin price is around $29,127 now. It appears as the $30k price speculated by many will happen very soon. I will begin to hodl bitcoin more and then minimize my DCA strategy

Yes I am holding for long and I have bitcoin I have already kept safe for my long term holding and some for emergency as well. I had to do this because of my experience sometimes last month which I learnt something from. So after that occurrence, I had to do it these three ways; to separate my Long term holding, my emergency savings and trading so as not to interfare with any of them in any situation. I trade on daily basis with my trading account so I collect my profit as it pleases me to do.
People trading techniques varies so their time of trading too.

Holding is the easiest way to do in minimizing the risk. Like if you buy Bitcoin during the bear season, hold and wait for the next bull run - you are actually eliminating stress in your mind. It was not difficult as many people are saying if you are really committed to doing that and becoming certain of your goal.
What I did is only check on the coinmarketcap to keep updated but never I check this daily as it will bother me when I saw drops. Weekly is good enough at least we are aware of the situation and besides, we are long-term holding.

I am not a day trader and consider trading a passive activity since it is not productive. Just like when you play a game or participate in a contest. The only investment, in my opinion, is the long holding of Bitcoin, since it is the safest asset and since I consider it undervalued. Maybe I'll get rich when Bitcoin becomes a million dollars since I don't hold much of it.

Unfortunately, it cannot be recognized that there is any strategy that can be considered safe for success. The summary of what is happening is that predictions are based on luck, and everyone has their own way of formulating those predictions. If this prediction works for me, it probably isn't right for you, and it doesn't mean it will always work.
Trading can be likened to gambling, not investing.

Since my budget is limited and don't have 7 digits figures in cash I don't do long term hold since can't afford to do it. But if you multiply the earnings you can get by holding or trading I can say its the same so, but you just need to be consistent then not to be so greedy to take more challenge in the market to assure you can gain.

So think about this if you can hodl then might be good for you but if not then try to venture with frequently trading or find some investment that can generate you a good ROI.

I used to trade Bitcoin but find out it was not worth my time. Unless you are a full-time trader, you should not take the decision of bitcoin trading. You have to spend enough time in order to make a profit out of trading, plus good knowledge of technical reading.

I prefer holding bitcoin for a long time, from my point of view, it is more comfortable for me to hold bitcoin. For me holding bitcoin is less stressful and less risky.

Just HODL.

And I have chosen to be a long term holding because I have done it myself and experienced how it's easy to make money through just holding. At least for those who have experienced holding, it's easy but for those that lack experience then it means that it's not.

The typical crypto news articles and websites are enough and the forum as a resource for it is more than enough. You can browse everyday or register to the newsletters of those websites if you want to.

Majority of the cryptocurrency users prefer to be long term hodlers, but the same isn't achieved in reality. Most of the time people cash out bitcoin to meet-up unexpected needs of the family. What for an user holds is mostly to enjoy the growth out of the investment. Some just keep it safe and take it only when the target price is reached. Common kind of gamblers keep on getting into different forms of trading to increase the portfolio. This is the best way and my long time holding in these days doesn't last more than two or three months.

A perfect way to minimize risk and possibly avoid losses.

• Holding long-term
• Do DCA in purchasing Bitcoin

The main reason people hold Bitcoin in the long term is the potential for price appreciation because Bitcoin has historically had significant price increases over time, and some investors believe that this trend will continue in the future until it will make again an all-time high or ATH.

I am a long term bitcoin holder. For a long time I kept my bitcoins stored in my wallet but two days ago I had to sell it for a need.  But I still have some bitcoins left. Those bitcoins I've held for a long time will not sell until I see the bitcoin halving.
I store news about cryptocurrencies in different ways. But mostly I save news from all these sites like Crypto News, Bitcoin Magazine. Especially most of the time I don't pay attention to any news. Because we are constantly active in the forum and from here we get various news.

That's what I have to say about bitcoin. There is no way we can predict future price of bitcoin. As per my knowledge all charts along with TA have gone wrong in predicting price of bitcoin. Bitcoin goes up when it wants to go up and vice versa, no news or event can impact bitcoin price. This is what my experience say about bitcoin.
You are doing right thing by investing in bitcoin in DCA manner. If you can wait for long term then bitcoin won't disappoint you. Don't waste time and money doing short trading in cryptocurrency.

Always update the information and knows well the fundamental factor of each coin you invest. That's what I do for my crypto investment. And make sure you choose trusted coins or reputable projects to invest in. Stay away from shitcoins, meme coins, or weak projects!

I rarely trade my crypto coins, especially for Bitcoin. I prefer to buy and hold my Bitcoin until the next bullrun season.

There are many sources, but I most often check Bitcointalk forum, CMC, CoinGecko, and crypto news sites.
I care about the news, especially current issues/rumors. It may bring big impacts to crypto markets and coin prices.

It really depends on your goals. If you are really dedicated and got a lot of time and you are willing to give most of your time then you need to learn how to trade, you need effort to always get updated about the market. On the other hand, holding Bitcoin for the long term is another good idea, you just need to wait, buy and hold.
It will always depend on your investment objectives and personal circumstances.

First, a fellow investor must have time when to buy and sell exactly. If you haven't it, that possible you will get easily deceived by fud and FOMO. Today we can hear someone tweet if an exchange got hacked, and the tweet spread everywhere that make viral so the statement appears if crypto is a scam. With that example, if you have time schedule to manage, that possible for you to sell your investment at the same time.

I used to be a trader, and to be honest, I lost more than I gained, so I switched to a holder. Holding is safer and not as stressful as trading, the profits are not inferior to good traders, even many times larger. And one more thing, as you can see, since bitcoin was born, we have had a lot of billionaires, millionaires born from holding bitcoins, I have not seen anyone become a millionaire by trading bitcoin.

The downside of holding is that you need to hold for a long time and won't make a profit in a short time, so many people who want to make money quickly choose to trade. But in the end, they also lose with trades, very few people can win with trades.

I have little or no knowledge on trading and I don't intend to learn it because I feel it will be too risky for someone like me. I avoid anything related to trading so that I don't run at lost. My only strategy that I do is to hold for long and DCA till the next bull run. I am pleased with this,since I am always busy with other assignments. Trading is for people who have seen it that they understand the market and have a good strategy that they use in trading. Since am holding for long, I don't follow the market trend instead I do my research on my own.

Don't ask me about long time holder because have been three years still hold altcoin assets in my wallet, due with bad experienced when cut loss with Doge coin and pump almost close $1 become my experience for the next time never cut loss any more and keep hold until reach higher price. I have decision with long term holding earn much profit with short term or scalping trading, but not all coins recommended with long term holding exactly coins have under 100 position on coin market cap.

Hold potential coins on top ten coin market cap without worry will delist on exchange market one day later, not matter becoming long term holding and potential earn more than 50% until 100% profit than short term with possibility under 5% profit earning.

Hello pal, my strategy of being a holder is don't panic selling, if you see your charts is red, don't panic sell instead analyzed what the cause of red. Don't worry about your chart because you have trust on it and also you're a long term hodler

And make sure you study a lot risk reward ratio and win rate it applies not only in a simple trade but on every execution it matters and they're connected to each other. Don't expect much that every trade will work out that means you're prone to losing therefore you need to have a STOPLOSS everytime

Short term is very profitable but it can be also a risky. You must know the risks and rewards of each trade but in long term they are less risky than short term investment It depends if you didn't research about what you're holding but i prefer and it's required to research and study what you're buying or investing. I'm holding a part of bitcoin so i would suggest like what you said, you can loose freely in bitcoin so hang on it, don't panic selling in bitcoin have a trust on it !!

My Bitcoin journey started back in 2013. It has been close to ten years. During these ten years, I've never made any Bitcoin purchases at all. Despite that, I've managed to secure 2000 USD worth of Bitcoin, simply by participating in Signature Campaign and providing programming services. I can firmly say that I am a Bitcoin hodler. In fact, I hold onto my stack of <100 USD worth of 0.02 BTC for about five years. And then sold it during the height of Bitcoin for 2000 USD.

In short, I was a long-term hodler. But I have no need for commitment, as I did not put in a single cent.

I don't have to choose one, I do trade daily and am also a long-term investor, I am holding Bitcoin and a few other altcoins too, and I am ready for any opportunity, to hold Bitcoin for the long term without any stress, you need to have a steady income through business or jobs, holding can be very uncomfortable for those that have no steady income, they are the likes that always go back to their bag and sell some part of Bitcoin until they have no other means to survive than to spend all their Bitcoin.

It can be a very bad idea to hold Bitcoin in a bull market, if you are smart you will sell in a Bull market and wait for the massive sell off that will bring forth the bear market to buy back, you will have good numbers of Bitcoin buying back.

Unfortunately, if you remain to be holder only means you do not know when to time the market or you are arrogant to know when to take a profit or cut losses. Put a stop loss. Please preserve your capital. If you have to hold it long enough, at least do fundamental research on any crypto to hold. Be a smart investor, not a holder.

It would take a skill to hone if you're going to be a day or position trader. You have to know what time frame you trade and you are going to take greater and more risks engaging the market more often.

Here's the websites I use to do my own research : For fundamentals I use this https://messari.io/ (https://messari.io/) , when analyzing price. I mainly use Trading view. Create your own conviction. The worst thing you could do is to buy a coin because you see someone else bought it on twitter. Do your own research. Take responsibility for your own funds. That's the best strategy it is.



Again, it would take you a lot of skill to get you in to this level. Timing the market means you're picking tops and bottoms. Just simply put, Take Profit when profit is presented to you. Cut losses when strategy told you to cut your losses. If you open more risk, the market will be willing to take it from you.  Don't be too greedy or too fearful, be in the middle taking risks and finding opportunities. Find a strategy that works for you. If you do so, BTC and positive gains will follow.

I prefer personally to hold for the long term because I only invest some money which was mostly from my past hobbies and carefully buying at the lower price and patiently waiting for another bull runs to come. Because it has been proven a lot if you wait for a long in your investment in bitcoins, there's always a good result for it rather than investing for the short term which is likely you are only gambling with your money. The only problem with long-term investment is you need to have lots of patience and know how to avoid the crypto market for a short period when things are not right.

For me holding for the long term is one of the right decisions to maximize profits with lower risk, especially during this time bitcoin prices continue to get higher values ​​from year to year so holding allows us to get bigger returns, as for holding we don't need to pay too much attention to news that causes bitcoin prices to fall because usually this news only has a short impact on bitcoin price movements which only poses a risk to day traders or short term holders.

Yes, I'm a long time hodler. I started buying in 2015 and continued in every bear market. I was buying in 2018 and 2019 and again last year, although I thought we wouldn't go below 20k, so I was mostly out of fiat money when we were at 18k. The plan is to spend a bit when we go into a full bull market, so that I have some money to go through another bearish year and have some money to get more bitcoin from panicking weak hands.

From my experience, most people start as traders and altcoin investors and after 1 or 2 full cycles of bitcoin turn into bitcoin hodlers. You have to go through all that craziness of altcoins to really appreciate bitcoin.

I am, or at least I used to be before this period, I had to sell. I just feel like there is nothing I can do to make a profit better than just holding, that is the easiest way of making money. I believe that bitcoin is better than fiat and I think it is important to realize that you could make a lot of money with it. I live in Turkey so fiat here already goes down in value all the time, which means that if I keep buying bitcoin all the time then I am going to be richer and richer. Plenty of people did that here and plenty of them got rich, obviously not everyone because there are people who fail to do a proper investment, but a lot of people just bought and hold and live a better life thanks to that.

I trade based on the market trends, what do I mean by that? I easily understand that it is easy to make money in bull market than in bear market so I put a lot of positions whenever the market is transitioning into bull market. Do I trade in bear market? Yes but I only use 10% of my capital because the probability of winning is not that high whenever the market is in uptrend. I'm not a long term holder because I sell all of my positions whenever the market transition in bear market because the price is keep deprecitating so I understand that I will incur losses whenever I hold it. For me it is the simplest way to make money in this volatile market, make sure that if you will put your money on trending crypto if you want to make profit. Right now it is already a bull run so the best strategy is to get positions as much as you can before the momentum come because you may miss a lot of opportunity if you still wait time. The early the better, like what I said. The price is keep increasing like a stairway whenever bull run came so better if you will find now perfect opportunity to enter the market and get a lot of positions and HOLD it until the uptrend snaps.

I am also long term HODLER of Bitcoin and like you accumulate Bitcoin on every major dip. Dollar cost average (DCA) is widely recognized as most effective strategy to accumulate Bitcoin at a reasonable price, and to maximize your profit by selling them in bull market when your target prices are reached. However, this strategy requires long term approach and emotional control to resist the temptation of selling for small profit.

My plan is very simple. I have a crypt that I trade, and there is something that lies idle as a reserve and is waiting for a certain price. I save everything that I managed to earn and do not touch it in the same way, and with various passive incomes, part of the profit goes to the general "fund" for hold.I do not sell Bitcoin because the current price does not suit me, I know that it will be higher. And when the moment comes that I will need to buy something large, then I will spend my reserves.