New fun competition - Traders versus Buy-Holders - post your results here

[davidgdg]

This is a thread for a new competition to compare the performance of trading, versus buy-and-hold versus mixed strategy.

Rules:

1. State whether strategy has been pure trading, pure buy and hold, mixed.

2. Post results as percentage gains/losses

3. Only include purchases / trades since 1st April 2013. This is to avoid skewing the results in favour of early adopters and also to make the competition harder ;-)

I will get the ball rolling. I am pure buy and hold, buying small amounts every few weeks.  Since 1st April, the market  is up about 33% (or 51% if you use just Gox figures).

I am up 12% during the same period.

[joesmoe2012]

   I sold all my bitcoins and now have a bunch of USD...so I guess i'm 100% down

Even worse, some of my USD is GoxUSD IOU's.       

[kehtolo]

Ok, similar stagegy to yours.. as in i bought a couple here a couple there but since mid-July.

I'm in europe so i don't have my prices in $ rather €.. but % should be more or less the same.

By my calculations i'm up 40% in that time.. which should be the same as the market, since i'm buy and hold.

[davidgdg]

Ok, similar stagegy to yours.. as in i bought a couple here a couple there but since mid-July.

I'm in europe so i don't have my prices in $ rather €.. but % should be more or less the same.

By my calculations i'm up 40% in that time.. which should be the same as the market, since i'm buy and hold.

Actually beating the market between 1st April and today would be an impressive achievement. It was at about 95 USD on the 1st April but has been over 100  for most of the time since then. I would say any return over 10% is good and anything over 20% is impressive.

[Apraksin]

I bought a small amount of coins at about 80$ in the first crash after ATH and decided to pursue B&H strategy. However the idiot in me jumps to it at random intervals and wants to trade to enlarge my stack. Never a good idea, like many others I seem to have a talent for buying high and selling low. So far I estimate 10 % loss in coins.

[kehtolo]

B&H working ok for me so far then!

I'm going off Gox prices.. and i can't be arsed to convert it into $'s for this posting.. but i paid 780 in total.
Currently worth (volatile figure i know) €1096

1096-780 = 316

316 / 7,8 = 40,5%

Maybe i bought at the right time? I don't know.

I know I have been tempted to trade a little. But I've decided not to. Those 10 BTC have gone into cold storage.

I plan to buy some around the christmas / holiday peiod, (if not before) for trading.

Just a small ammount, under 5, probably 2 or 3 and try to trade that up to 10 BTC.

I want 100 BTC!! but 20 would be a start. I might even settle for 50.

[600watt]

i bought 100 btc in june 2011. then the bubble burst and then gox got hacked, i could not access my account anymore and forgot all about it. buried deep and full of shame that i was stupid enough to fall into this scam. in march 2013 someone told me about bitcoin. i remembered my emberassing investment. WHAT ? PRICE AT 50$ i wrote customer support, the renewed my account and was several thousand € richer. first thing i did was to sell all the coins. an hour or so later i realized what  i was doing and bought back. immedeate loss: 10 btc.

conclusion:

-buy and hold worked fine

-sell/buy back: 

[001sonkit]

Hold and did Bitcoin based investment. i entered at 25USD for 6, did a LONG at 1broker 4BTC 1:5 earned me 18, earned like 4 from projects, total of 28BTC. Now holding about 58BTC worth of Bitcoin Based Investment assets (Coinlenders, ASICM....) and a 4BTC worth CoinTerra Group Buy contract

Hold is for me, plus some nice o' steady investments based in Bitcoin

[Foxpup]

Actually beating the market between 1st April and today would be an impressive achievement.

Prepare to be impressed. My strategy is good old-fashioned asset allocation: I aim to keep a certain percentage of my portfolio in bitcoins; if the price goes up too much (increasing the value of my bitcoin holdings compared to other assets), I sell until I'm back at my "target"; if the price goes down, I buy for the same reason. The result of this strategy is that I sold a shit-tonne of coins during the April peak, and I'm up 74% since 1 April 2013. What do I win?

[rampantparanoia]

100% down, looking for re-entry

[600watt]

100% down, looking for re-entry

hurry up 

[rampantparanoia]

100% down, looking for re-entry

hurry up 

that's what I keep telling the market.

[derpinheimer]

Actual:
Bought Aug 27; up 10.7%

With buy&hold; up 12.7%

Optimal; up 21.1%

Reason for discrepancy? Made some small daytrading BTC & USD profits in these 2 weeks, but sold at $128.74. Missed chance to re-buy at $124 & $128. Had I not sold at 128.74, and instead sold at what I'm considering the current price ($142), up 21.1%.

[MAbtc]

100% of trading funds were in fiat since late May, went all in early July and came out 48% ahead in fiat. No coins now (except non-trading funds -- those are waiting for $10k and onwards). Hoping the market doesn't take a shit on me. I missed this last jump, got out at ~118 BTC-E and ~122 Bitstamp.

[4mherewego]

Bought a lot at $90 in June, been holding/spending since 

[davidgdg]

Actually beating the market between 1st April and today would be an impressive achievement.

Prepare to be impressed. My strategy is good old-fashioned asset allocation: I aim to keep a certain percentage of my portfolio in bitcoins; if the price goes up too much (increasing the value of my bitcoin holdings compared to other assets), I sell until I'm back at my "target"; if the price goes down, I buy for the same reason. The result of this strategy is that I sold a shit-tonne of coins during the April peak, and I'm up 74% since 1 April 2013. What do I win?

Blimey. You are The Man ..... so far ;-)

[SheHadMANHands]

Bought at ~$90 (bitstamp), now at ~$128.  Plan to hold for at least a few years, ideally.  

So why am I in the speculation sub forum??    

EDIT: ALMOST sold at ~$110 thinking the price would go down, with the intention to buy back.  Would have been a big mistake (climbed straight to $130).  Seems to me you have to have far more than a "hunch" to overcome the 1% total fee you're going to pay to sell and then buy back...

[Adrian-x]

Buy and hold + 3 or 4 strategic trades over the period.
My ASIC GPU mining combo providing supplementary trickle coins.

It's hard to judge gains in quantifiable terms but feeling good.