Is Buy and Hold Really the Best Strategy in Crypto?

[ark02]

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.

Would you consider now to be a dip?

[whyrqa]

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.

You shouldn't buy low-rated riptocurrencies for long-term storage. It is best to invest in the top rated cryptocurrencies and after a while it will bring you a really very good profit. But in order to feel more comfortable, you need to have other sources of income, so that investment in cryptocurrency does not put much pressure on you and does not cause panic during a fall or strong fluctuation in the cryptocurrency market.

[wxa7115]

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.

What you are saying shows why the term best is relative, if your aim is to generate the maximum amount of profits that is possible then holding your coins is not the best strategy as it takes a long time to materialize its results, however if you are looking for the safest and easiest approach to make money in the markets then without a doubt holding your coins is your best bet.

As such it is important to know yourself and your capabilities so you can choose the best option for yourself, if you cannot do that then you will choose a method that is not aligned with your skills, in the best scenario then you are just wasting a little bit of time but still getting profits, but in the worst scenario you will lose so much money that it will be impossible for you to recover from those losses.

[pokeronlinestatus]

I would rather have a quite year over active one day. I would rather have 10 trades for the whole year than have 10 trades per day (or even week or month) which is why I am a long term investor. That strategy never fails, never failed me, even after 2017 peak I managed to get back on the horse when it went down so much under, thankfully I sold at 20k but I bought a lot during 12k-13k periods and it went down as much as 3.4k which meant I lost over 70% of my portfolio value during that period.

I didn't give up, since I am a long term investor I bought lower and lower and made my avarage to around 7-8k levels, and one day it went to 9k+ and I sold, it also went to 13k so I could have made more profit but I took what I could from that profit. Now I am back in at lower levels and in profit again.

So never give up, be long term and you will profit one day.

[milewilda]

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.

What you are saying shows why the term best is relative, if your aim is to generate the maximum amount of profits that is possible then holding your coins is not the best strategy as it takes a long time to materialize its results, however if you are looking for the safest and easiest approach to make money in the markets then without a doubt holding your coins is your best bet.

As such it is important to know yourself and your capabilities so you can choose the best option for yourself, if you cannot do that then you will choose a method that is not aligned with your skills, in the best scenario then you are just wasting a little bit of time but still getting profits, but in the worst scenario you will lose so much money that it will be impossible for you to recover from those losses.

It does have its advantages and disadvantages both on holding and also in active trades and as said that such actions would be made will really be depending into your capabilities or knowledge because not all would really have the skills and the confidence on doing day active trade on where do most people suggest yet this one can really give out that money making opportunity in a shorter time frame without needing for you to wait for years before you do cash out your gains and also i dont consider for it to be a safe one because nothing is assured when in talks of future.You wouldnt even know if the price you've been expecting will be more lower which would end up for you still on negative which would basically waste up on the entire time that you have waited.So its still on 50-50 chance for success even if you do chose the safest route.

[DevilSlayer]

It is a strategy but it is not the best strategy, we have different trading and investing profile after all. If you just buy and hold crypto without following any plan or using any study then it is not investing or trading and for sure it can considered as gambling because there is no conviction on why you doing it. I always telling a lot of people especially in terms of holding wherein there are right time in order to do it. A lot of people mistaking it as a holy grail strategy where they think that they will have a sure or guaranteed profit but they are wrong because there are terms that should be follow especially on doing it. I prefer to do buy and hold if the trend is uptrend because the buyers are in control and the prices will go up unlike buying in downtrend where the selling pressure is very high and the prices are keep decreasing.

[peterpanda]

Cryptocurrency always goes its own way so nothing can be predicted correctly.  But if you can buy at the right time and wait until the right market price then of course you can make a good income from here.

[supine]

I don't really know what could be the best strategy but for me it is the safest assuming on how crypto has been on the past.
And most of us believe that the crypto could still grow and in the future the price could get higher so for them buy and hold is the best strategy.
But I think we all have our own type's of strategy so everyone have their own decision on whats best.

[Pamadar]

I don't really know what could be the best strategy but for me it is the safest assuming on how crypto has been on the past.
And most of us believe that the crypto could still grow and in the future the price could get higher so for them buy and hold is the best strategy.
But I think we all have our own type's of strategy so everyone have their own decision on whats best.

Maybe also depends from how long you'll spend your time, if you have enough time to work from day to day buying and holding ain't the best strategy but if you don't have that time, it' better to continue investing for long term process, you won't be affected by any market movements if you plan to hold and sets the value that you wanted to sell out your aassets.

[Anyobsss]

~snip

Not the best but definitely the right choice if you're starting trading and still have no knowledge in technical and fundamental analysis. The 95 % of traders who lose money buy holding too much definitely does not keep track the coin they are holding. When you hold you should follow the social medias and TG group of the coin you are holding so you are always updated.

[AakZaki]

The best strategy is a strategy that matches one's own abilities. Day trading or buy and hold are some of the strategies to choose from.

Day trading is an important thing to learn because it will give you knowledge about trading so that you will understand technical analysis and fundamentals. this will get you in and out of the market in a timely manner.

Buying and holding is not that simple, it requires a mature strategy and buying at the right time.
Holding and buying don't target how long you hold it, but a good strategy is at what price you should sell it.

the choice is yours, choose the one that suits you better.

[chikading2016]

Buy and hold is a good strategy but it always depend on your patience and your ability to make a right timing on buying or selling. It sounds simple but if you are luck of patience you will surely loss a huge amount of profit. It needs fucos and learnings because crypto is always unpredictable and anytime the coin or the token price that you invested may rise and fall that is why it needs patience.

[pinggoki]

Well, I don't think that Buy and HOLD was really the best strategy here in the crypto market because this is still can be risky sometimes. Besides, this also tests out our patience because sometimes it takes a lot of time before we hit the price we desire. Mostly this strategy was used by those individuals who don't have much time to make their own TA. Personally, I think this strategy works well depending on the volatility of the coins the less volatile the coin is the better to use it and vise versa, anyway it's just my opinion.

[peterpanda]

Buy and hold is a good strategy but it always depend on your patience and your ability to make a right timing on buying or selling. It sounds simple but if you are luck of patience you will surely loss a huge amount of profit. It needs fucos and learnings because crypto is always unpredictable and anytime the coin or the token price that you invested may rise and fall that is why it needs patience.

No one can say for sure when cryptocurrency fluctuates so you have to be patient until a good market to buy and sell at the right time.

[yohananaomi]

Buy and hold is a good strategy but it always depend on your patience and your ability to make a right timing on buying or selling. It sounds simple but if you are luck of patience you will surely loss a huge amount of profit. It needs fucos and learnings because crypto is always unpredictable and anytime the coin or the token price that you invested may rise and fall that is why it needs patience.

No one can say for sure when cryptocurrency fluctuates so you have to be patient until a good market to buy and sell at the right time.

In recent months it happened as you say that crypto is no longer a long-term investment but has changed to daily and short. how many times have gone up and down in just a matter of hours and days, if you can take advantage of this moment you can be sure you will not miss the profits in front of your eyes. but it is true that we must be patient and not panic quickly and always be faithful to see the movements which are always changing rapidly. and take appropriate action when we believe in selling or buying.

[Anonylz]

You shouldn't buy low-rated riptocurrencies for long-term storage. It is best to invest in the top rated cryptocurrencies and after a while it will bring you a really very good profit. But in order to feel more comfortable, you need to have other sources of income, so that investment in cryptocurrency does not put much pressure on you and does not cause panic during a fall or strong fluctuation in the cryptocurrency market.

I don't know what you classify as "Low-Rated" cryptocurrencies but in most cases not all low-rated crypto are for short term, this certainly depends on our individual preferences but i believe there are many low-rated crypto that are actually under the radar, all we need is do a lot of digging to ensure that they are worth every scent of it,

And i do agree about sticking to top rated crypto in cmc because the good track record and been around for some years, so they are consider as safe investment, however, there are many undervalued crypto out there that are good for long term and can give good returns.

[Peanutswar]

Buy and hold is not really the best this is the safest thing we all know in trading it requires a lot of patience to make money. This kind of technique is commonly used for the people who just not rush anything and just taking time to earn and get their profit, if you want to make a short term trading this kind of technique won't effect also there is a specific coin which is good at this kind of investment if you want to get into buying and hold a coin I think the most effective to this on the bitcoin, I'm not saying am already professional on investment but mostly this is the time common things happen.
If you want to earn for a safe play is go for the buy low and sell high the same strategy that takes a lot of time and patience before you will get your profit.

[Flangler]

Some people say that Buy and Hold is the best strategy and can't be beaten. They hear phrases like “95% of traders lose money” and automatically assume that all trading is bad and markets can not be outperformed.

In my Medium post, I’m going to show you, that holding might not be the best option if you put in a little bit of work. To do that, I compare Buy and Hold returns for 25 coins with several basic trend-following strategies in different time periods (over 3.5 years of data and then a little extra).

READ THE POST HERE!

The source code of strategies and raw test results (CSV) is pushed to my Github.

Let me know what you think! Thanks!

It is easy to work on past data, try to do tis in live market and you will meet a lot of difficulties. How do we even know that crypo willl exist in 10 years?
So many thing could happen that day trading seems safer option beause there is lower chance than soemthing terrible will happen in few days than in one year like covid for example.

[Adreman23]

Buy and hold is the strategy that wont make you stress. I mean one time buy at the deepest price then holding it for long term. But make sure you choose the legit one and not the fake project. Day trading is the most stressful job and it will badly affect your health if not manage properly so i think buy and hold is better compared to day trading but please choose the best and legit project to worth the wait.

[jiellenw]

It is the best strategy for newbies. But when you're in crypto sphere for some more time, you also can try trading. It's fun.