Is Buy and Hold Really the Best Strategy in Crypto?

[Fivestar4everMVP]

For me, it's a buy and hold any time, any day.
I've been into crypto trading before and what I can tell you is that sometime, one still end up buying and holding in other to avert huge losses, there are crypto coins which I used to trade back then which I can't afford to trade anymore cus their prices have skyrocketed, if I had bought them and keep, I would be very rich now, I've learnt from my past mistakes

[Reatim]

Always depend on you capacity and also your plans.

Crypto investing has so many grounds to evaluate before finally putting your money.

- Holding - This is for those who has Budget that can be spent or can be risk,as the amount is a spare money or just an extra.

- Day Trading- This is for those who have knowledge and strong dedication to risk in short time the money inside crypto.

[Maroons]

Always depend on you capacity and also your plans.

This should really be the answer to the OP's question, buying and holding can be much easier but for someone who already know lots of things in trading can see day trading and buy and hold strategy as likely the same but just what you have said always depend on your capability and also the dedication and effort you are going to put in your trading.

[wxa7115]

For me, it's a buy and hold any time, any day.
I've been into crypto trading before and what I can tell you is that sometime, one still end up buying and holding in other to avert huge losses, there are crypto coins which I used to trade back then which I can't afford to trade anymore cus their prices have skyrocketed, if I had bought them and keep, I would be very rich now, I've learnt from my past mistakes

It is precisely because of what you are saying that it is important to define as quickly as possible what kind of strategy we are going to follow, if we are going to become traders then that is fine but then we need to learn as much as we can about it and then use those techniques to increase our capital day to day.

However if we have chosen to use the classic buy and hold strategy then we need to select good coins that are undervalued and then keep holding those coins no matter what, it is not easy especially if you happen to have the bad luck to invest and then we have a bear market but if you are completely sure in your coin selection it should not take you long for you to eventually recover your money.

[palle11]

If you also planning to sell what you bought before, it's still trading but it's just really takes too much time, compared to day trading which for me there is much more risk compared to buying and holding it for a long time.

The difference is that cryptocurrency market can be difficult to know how it is handled or operate. The factors that operate the market is not very clear for everybody. This is why some can be scared to do daily trading with it to avoid what they think is the greater risk, losing in trade. But you can lose while hodling your coin

[panganib999]

When it comes to the crypto market I personally don't think there is a best strategy out there as it will always depend on the trader doing it and if he has the time to do this. Yeah buy and hold in your results might look like the worst thing to do and there will be no analysis involve but some people here don't have the time to have their own trading style that's why they are doing it due to lack of time and knowledge with TA. Hodlers still have a chance to maximize their profits by just waiting for the right time to buy rather than just buying right away (I'm referring to DCA).

I agree. There is no really best nor perfect strategy to be stated for the market behaviour is undeniably unpredictable so strategies of the trader differ depending upon the situation based on the analysis he would have upon looking the price chart and think of the best way possible on how he could turn things out on his side. Also, strategies are commonly being done by the trader himself so basically there are lots of strategies that are possible to make use so there is no proper declaration or claiming of which is the best strategy to begin with. All are dependent on the trader himself on how he would act upon the situation on doing strategy if he have so much time to deal with it. Buy and hold strategy is one of the most commonly  used by traders who is quick by chance do not have that much time to think of another way to do his trades.

[cabron]

Its up to what you believe.

Holding 10BTC up to 10 years and you will realize that you still have 10BTC, while if you try something else like staking or trading is another strategy. It could be the best option to go because your 10BTC could be at least 11 in the next month or years. Its your choice but I wouldn't be sleeping thinking BTC will do his way up.

[ecnalubma]

It depends, some people can apply both if they are knowledgeable enough about market movements and some people are already comfortable with their desired strategy. Not all people can do day trading but holding could be preferred by most if they wanted to escape the daily price fluctuations in the market.

[wxa7115]

Its up to what you believe.

Holding 10BTC up to 10 years and you will realize that you still have 10BTC, while if you try something else like staking or trading is another strategy. It could be the best option to go because your 10BTC could be at least 11 in the next month or years. Its your choice but I wouldn't be sleeping thinking BTC will do his way up.

This is the main advantage of trading, if you have 10 BTC and you hold them then you still have 10 BTC regardless of the time you decided to hold those coins, but if you decide to trade you can multiply your bitcoin and if at the same time we take into account the natural growth BTC goes through the years then you could multiply your profits even further.

But at the same time we need to be fair, trading is really hard and only a small portion of traders earn any money while when it comes to holding as long as you are willing to hold your BTC for the long term your profits are almost guaranteed.

[bitbollo]

History repeats itself. Probably the same can apply with bitcoin.  Hold is always one of the best option.
I am not sure if the same apply also for all crypto/tokens/altcoin.
Just few coins launched after 2017 reached a decent ROI (the vast majority launched with an ICO are strongly devaluated). Meanwhile the price of bitcoin and some major coins continue to growth or to be the same. This is an important aspect to be taken in consideration.
Most of altcoins are just created for pump and dump operation. I will never suggest an "hold" for the long term.

[DoublerHunter]

History repeats itself. Probably the same can apply with bitcoin.  Hold is always one of the best option.
I am not sure if the same apply also for all crypto/tokens/altcoin.

^ Nah, altcoins and tokens are different in Bitcoin and I think they will not repeat itself, not just like bitcoin that obviously and proven by determining on the chart of the price. But you are definitely right upon holding and this is what commonly people do that don't risk in trading. We know already the potential of bitcoin in gaining profit in long period of time upon holding. Holding is the best option because the demand was on progress and as we can see many countries now adopting bitcoin. Nevertheless, if your skills is enough to do trading, just try to hint with the amount that you can afford to lose.

[ice098]

It depends, some people can apply both if they are knowledgeable enough about market movements and some people are already comfortable with their desired strategy. Not all people can do day trading but holding could be preferred by most if they wanted to escape the daily price fluctuations in the market.

I believe that this strategy was very suitable in cryptocurrency but the development or the grow up of your capital was based on your knowledge and experience on how to deal with your token, just like playing gambling you will win if you play your game wisely but same as gambling also here in crypto you can't say that you will always win. There's also some strategies that you can use like day trading but of course you also have to dealt with a market, how could you manage to follow your strategies while the market is fluctuating daily.

[MWesterweele]

This is what others thinking if buying and holding is the best strategy in crypto. When you invest in crypto of buying and hold it can reduce risks rather than day to day trading. We have our own strategy on how to earn when trading crypto. In my own opinion, the best strategy you can do is buying on a low price and selling on a pump stage. Though for holding long term it can reduce transactions cost which is also a good option.

You may only apply the strategy of selling your token on a pump stage or selling it on a dump stage if you're checking the market from time to time. For me i'm getting suck of seing those fluctuating of values of token upon checking the market daily. For me hodling and trading was best if you know already that your token is worth to be sold about or hodling if you think the value was not worth it, just be a keen observer on the market and play it well.

[Wawa2013]

Buy and hold is not the best trading strategy in crypto. Because this strategy usually takes a relatively long time to generate profits.
But buy and hold is the safest strategy to use, especially for newbies who don't have good analytical skills. using a buy and hold
strategy is the right choice.

[acdc]

The majority of people enter the cryptocurrency market with the desire to make a profit.
The really talented people will choose the daily trading method, which can bring investors big profits but also bring many risks.
Some investors who are not good at daily trading choose to buy and hold. I think buying and holding is not the best strategy in the cryptocurrency market, however it is the one that suits most people the most.

[vSliceDev]

It depends always in what crypto we are holding, I'd been holding different bounty rewards token before and it doesn't earn at all some already lose their value. Buy and Hold will depend on the project on upto when we are going to hold them, is there's a chance that they will still grow like developing their products or creating some hype.

I'd learn to trade mostly than to hold since the market is not like what it was when the popularity started there is a need to move to make it works for you than to simply wait for it, if we are too busy, we must only invest in bitcoin not in any other non popular crypto.

[Yamifoud]

TBH, this is a basic strategy that most are doing-especially for beginners and even well-experienced traders. People who come in crypto for investment alone and not able to trade, this is the best thing to do. In fact, I did this as well and it really works but of course, it is a need also to check the market flows because not all the time we just keep holding. Seeing a 2-3% price incline, I sell my crypto right away...it was enough for me but not sure of you.

[pankaj1234]

To get big profit from any project buy and holding is really the best strategy. If you want short profit then daily trading can be done. It is looking very simple but to gain a huge ammount select a good project and invest big money. In any project you looking to hold buying point is very important. Any good project has been dump hardly then this should be a buy point without fear and then hold to 6 months  to 1 year to get big boom profit. if you look btc, Eth price recently both hard dump price almost grown up to 5x now.

[Reatim]

TBH, this is a basic strategy that most are doing-especially for beginners and even well-experienced traders. People who come in crypto for investment alone and not able to trade, this is the best thing to do. In fact, I did this as well and it really works but of course, it is a need also to check the market flows because not all the time we just keep holding. Seeing a 2-3% price incline, I sell my crypto right away...it was enough for me but not sure of you.

If you are not relying in crypto trading as a bread and butter then yeah this is the best and real strategy to use,it is called "HODL" by some prominent people here.

actually basically i also do this but with limited numbers and Volume of coins.

The majority of people enter the cryptocurrency market with the desire to make a profit.
The really talented people will choose the daily trading method, which can bring investors big profits but also bring many risks.
Some investors who are not good at daily trading choose to buy and hold. I think buying and holding is not the best strategy in the cryptocurrency market, however it is the one that suits most people the most.

day trading is not for all of us thats what we need to understand.

many tried but not all succeed,actually many fails than profit.

[Bitlover10]

The way volatility is going in the crypto market you can say buy and hold is a good option. But their are something to understand that don't buy at high because and what are you going to hold it have proper research it. Because if you buy shit and hold it you can loose everything and also if you buy at high still your capital stuck. So always take entry in dip.