Is Buy and Hold Really the Best Strategy in Crypto?

[bangkecol]

For people who didn't have expertise on daily trade like me , buy and hold is the best strategy in crypto space.
Because, if common people can not doing daily trade it will ended by liquid.

[Kong Hey Pakboy]

For people who didn't have expertise on daily trade like me , buy and hold is the best strategy in crypto space.
Because, if common people can not doing daily trade it will ended by liquid.

You have a point. Buying and holding is the best strategy for people who lack experience or are afraid to take a risk in cryptocurrency because it could still give a long-term profits. But if you are okay with the crypto market's risk and volatility, and willing to use most of your time to make an active or daily trade, it could work.

[TradingBull.io]

It is if you are not an experienced trader able to put aside emotions.
Market is extremely volatile so you need nerves to take profits in the green (sell the greed) and enter in the red (buy the fear), besides knowing when to just be cashed out, waiting for opportunities.

While day trading require less need to understand the fundamentals (deep understanding of the project), going through the details is required for long term hodling.
Many projects are solid and just need to be develop further to shine.

Day traders will rely more on technical analysis (charting) and instant signals (on-chain data, news, social media activity etc...)

[imstillthebest]

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.

i dont consider those as a strategy but those are only basic or must do movements for someone that is involved on here  . a strategy to me means much more deeper than that like when creating an analysis or charts and alike  . most popular phrase on trading isnt all about loosing but its more of a profit. they say that trading is the most profitable among all activities on crypto  . that must be true because many people are pushing it  . there are bad approach on trading but this doesnt mean that all kinds of trading are now bad after that .

[iv4n]

For people who didn't have expertise on daily trade like me , buy and hold is the best strategy in crypto space.
Because, if common people can not doing daily trade it will ended by liquid.

You have a point. Buying and holding is the best strategy for people who lack experience or are afraid to take a risk in cryptocurrency because it could still give a long-term profits. But if you are okay with the crypto market's risk and volatility, and willing to use most of your time to make an active or daily trade, it could work.

First you organize your capital, bankroll, call it however you like! It's before everything, you need to know what you have! It's foolish to think how traders trade with their entire capital, all in strategy is not a good strategy. When you have capital/bankroll, you need to learn how to manage it. Each of us holds crypto for long, has a wallet for that purpose. You trade to make more coins or to make more cash, and what you are going to do with your profit? Smart thing is to put something on a side coins or cash, it's up to you, and you hold it, and the part of the profit you can return to trading. Point is you hold and you trade with some part of your holding, you never risk all you have.

[Hypnosis00]

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.

i dont consider those as a strategy but those are only basic or must do movements for someone that is involved on here  . a strategy to me means much more deeper than that like when creating an analysis or charts and alike  . most popular phrase on trading isnt all about loosing but its more of a profit. they say that trading is the most profitable among all activities on crypto  . that must be true because many people are pushing it  . there are bad approach on trading but this doesnt mean that all kinds of trading are now bad after that .

That is the basic and we should have to learn it before digging for another strategy that will work so great.
Honestly, people don't get mind if that is a genuine, old fashioned strategy or whatever it is, what most important is that they are making money from it and being comfortable of what they do.

Trading won't work that so well at first, patience is very important but somehow it didn't work for them. That is why a lot of people had tried to become a trader but after being disappointed and being hopeless, they all gone.

[el kaka22]

I would say that it should be the best if you ask me, I am sure that there could be some so called better strategies but all the other ones are definitely a way of just getting lucky, if you do anything but just "buy and hold" you are basically throwing in your risk out there and you are trying to get lucky, if you are lucky you could make more money and if you are not lucky you could end up losing money, but there is no way that there is an inherently better way to do it right now, all other ones are definitely just pure based on luck methods and I would rather not let luck decide on my investments.

Look at all those wall street people, they are not just guessing, they have a strict way of doing business and they are definitely sticking to it most of the time.

[DevilSlayer]

The answer is subjective when it comes to finding out what is the best strategy in order to make gains in cryptocurrencies. You are the only one who can find it by investing in your knowledge. For me holding is not always effective, I saw that many traders and investors have wrong perspective in holding when they think that they can make money if they will hold it even the market is against to them. Holding is good but make sure that the coin that you are going to hold is in uptrend. Holding in uptrend or what the expert called is "trend following" which means that you will hold a certain cryptocurrencies until its trend will snap or until it gives a signal that it is now transitioning in a bearish market.

Always remember that not all of the people who are holding are making money so do not treat it as a holy grail strategy wherein you will guarantee that you will earn profit from it. Buying and holding is not all about patience it requires some criteria to be follow strictly in order to make consistent gains in the market. If I will do a trend following, I make sure that there is enough volume where the liquidity is strong and I can exit or entry easily.

[Eureka_07]

Buy and hodl strat isn't applicable to all coins that you are seeing on the market. You should not do it all the time , it will depepnd on the coin you bought (or you are planning to buy).
Don't hold shitcoins because they do not have enough foundation to be strong in the market. They are shits in the first place. No function. These shitcoins will lose their value in no time.
On the otherhand, strong crypto, such as bitcoin, of course are worth to hold. Buy it in a much lower price then you'll get your profit after months.

[dunfida]

The answer is subjective when it comes to finding out what is the best strategy in order to make gains in cryptocurrencies. You are the only one who can find it by investing in your knowledge. For me holding is not always effective, I saw that many traders and investors have wrong perspective in holding when they think that they can make money if they will hold it even the market is against to them. Holding is good but make sure that the coin that you are going to hold is in uptrend. Holding in uptrend or what the expert called is "trend following" which means that you will hold a certain cryptocurrencies until its trend will snap or until it gives a signal that it is now transitioning in a bearish market.

Always remember that not all of the people who are holding are making money so do not treat it as a holy grail strategy wherein you will guarantee that you will earn profit from it. Buying and holding is not all about patience it requires some criteria to be follow strictly in order to make consistent gains in the market. If I will do a trend following, I make sure that there is enough volume where the liquidity is strong and I can exit or entry easily.

People do have that common line of "HODL" but this one can really be only applied on best coins in the market but we know that even bitcoin doesnt have an assurance to last forever.
So take it on your own risk if you do really hold until in the end of line.Of course we do have specific price on where we do sell out but to think that there are other better ways to make gains  
without waiting for that long and thats the way of doing active trades.Yes, it might  be more riskier but really be worth of your time and effort if you do make it right.Not all would have
the skills though yet this is the hardest part on doing trading where you do deal with the market on very active state.

[Salauddin1994]

When it comes to trading it usually depends on knowledge and skills. It is possible to make a profit if you have a good idea about trade. those who are new to the crypto market, if they do not have much idea about the trade then they can make some profit by holding on. The risk is much lower here it is very difficult to determine the strategy for trading. I think it is much easier to determine the strategy by analyzing the best currencies in the crypto market.

[bitcoinisbest]

For people who didn't have expertise on daily trade like me , buy and hold is the best strategy in crypto space.
Because, if common people can not doing daily trade it will ended by liquid.

Always before investing in crypto set the short, medium and long-term target and accordingly invest in it. So that you would be able to make profits even on rise in short terms and long terms investment will do good over the period. Invest in best coins to maximise profits and if luck is good you may make quick profits as well. So, holding does make lot of sense at times.

[peterpanda]

Actually price is depending on these methods. People can pump the price by holding and can dump by selling. So, we should take more care about buy, sell and hold.

[Quidat]

Actually price is depending on these methods. People can pump the price by holding and can dump by selling. So, we should take more care about buy, sell and hold.

This is  why its subjective and depend on a certain trader or investor on how they do deal up into their holdings.Some do prefer on selling when in gains and buyback when it
do plummet down to accumulate while its still cheap compared to those people who do just bought and dont care on what would be the price later on since they are aiming for
future years to come.Selling off on the right time does really need some serious consideration and this is where people do differ where someone do love to see profits
in a shorter timeframe and some are just too scared to deal up with price on active manner.

[AmoreJaz]

Actually price is depending on these methods. People can pump the price by holding and can dump by selling. So, we should take more care about buy, sell and hold.

This is  why its subjective and depend on a certain trader or investor on how they do deal up into their holdings.Some do prefer on selling when in gains and buyback when it
do plummet down to accumulate while its still cheap compared to those people who do just bought and dont care on what would be the price later on since they are aiming for
future years to come.Selling off on the right time does really need some serious consideration and this is where people do differ where someone do love to see profits
in a shorter timeframe and some are just too scared to deal up with price on active manner.

the decision of when to sell or hold depends on what is happening to the coin. the trader should not stop following the development updates of the coins he's holding. because remember when they stopped giving updates, you know that they are heading to go down. and that needs strategy when to exit that game. because if not, you will end up holding trash coins.

[AakZaki]

Buy and hold can be the best strategy, but it can also be the worst strategy that will hurt you.

You have to really do your research for the coins to buy and hold. The top 20 coins on CMC might be a good choice.

You have to target what the price is for each coin held.

You can also increase your profit by doing day trading and many other strategies.

[MCobian]

I think buy and hold is not only the best strategy in crypto, it is the safest strategy I have used while trading.
Buy and hold strategies can even be done by newbies who don't have any trading knowledge, this is the least
risky strategy. We only need patience when implementing a buy and hold strategy.

[Ronaldcoin2017]

Buy and hold is the best strategy but it depends on your patience, if you dont have patience the buy and hold strategy is nothing, without patience you will never earn in crypto if your strategy is something like buying and waiting for the best price to sell.

[Hemady17]

Buy and hold is the best strategy but it depends on your patience, if you dont have patience the buy and hold strategy is nothing, without patience you will never earn in crypto if your strategy is something like buying and waiting for the best price to sell.

I tried it but I think it is not applicable to me. Buying and Holding coins seem to be boring. This is the reason why I think we should have coins for long term and short term. I know that most of traders who have long term coin are millionaire already. They are hodling coins for a year to 3 years because they can sustain their trading in daily basis.

[Janation]

This is what I am saying about those people that recommend holding to other people.

I know that it is a good strategy for those people that are still not used to the market but always remember that the price of these cryptocurrencies is so volatile that is why we should all be aware of these changes. It is easy to look in the market and tell that it is a good time to sell to get some profit you can use to reinvest or trade to other cryptos. You will really regret it if you just hold it and come back at a certain time knowing it did pump in certain times.