Is Buy and Hold Really the Best Strategy in Crypto?

[mdhera8067]

Buying and hold is  an risky work when you buy and hold it for how many days/months/years.For hold crypto need experience.

[Majharul Saiif]

In my perspective, any distinctive procedure should not be called the best. Because frivolity is stable on this platform so always be cautious. I just bought it and hold, but this is not the best strategy. If you work in diverse ways at different times, it can be profitable. It is problematic to say that the profit will be only if you go ahead in one direction.

[Strongkored]

Maybe a strategy will be good if seeing at the market situation.
In my experience, when market conditions are very active day trading is possible and gets a profit, but when the market is sluggish (usually occurs when BTC is in a downtrend, which greatly affects the altcoins market) day trade is very it is difficult to do and I would prefer to choose 1-3 coins for me to buy and hold for 3 - 6 months can less or more depend on my profit target.

[Casdinyard]

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.

Do you believe that day traders or those whom trade daily do lose 95% of either by chance or their profit? Hell no! Trading in general depends on the strategy of the trader. Some trader are onto daily analysis and trading, in which a little movement and change to the price matters, yet depends on their reading if their prediction and analysis was right. Yes some of day traders often lose, but not those professionals, as experiencing loses tends to make you learn. Meanwhile, there are long term traders in which they hold their investment for years and withdraw it the time they wanted to, and not all cases of such investments ends up winning, some long term trades ends up losing as well if the crypto or an altcoin's price were dumped.

[smyslov]

Not really the best strategy but it's always worth using this, HODLING for me is not hodling for many months and years hodling is letting the project takes off and then letting it go at the right time , not dumping everything you've got but a portion of it so you can sell more on the next exit.

[Yatsan]

Maybe for some point buy and hold strategy works and think that it is the best strategy in the crypto industry. But remember there are also lots of strategies other than that and being termed or coined as the best strategy specifically varies depending upon the trader himself because strategies are calculated and made out depending upon the situation and make analytic and logical calculations to make out possible positive outcome to be produced. Surely there are also other relevant and essential strategies that we traders have been using on our trades and buy and hold strategy is just one of those. I am not saying it is not good. It is just that it is not right to coin it as the best strategy for there are also other effective strategies which can be used depending on the situation and it varies on the perception of the trader himself to manipulate such strategies to create his own since strategies are made out of trial and errors to see if it will fit to be a solution on the current situation.

[Salauddin1994]

The best strategy in crypto it will depend on our skills and qualifications. If we can analyze the market properly then we can learn trading techniques and choose the best currency by verifying the currency and make a profit in retention. This requires patience hard work and planning. Bitcoin is a very good currency to hold but it will have to wait a long time. Patience as well as controlling one's emotions one has to think positively.

[blckhawk]

Looking at the graph you shown Buy and Hold might be not good as much as you think of. I wouldn't say that it is the best strategy either because there are still risk along with it.
However, only one thing I can sure of, it depends on the coins you were trading of whether Buy and Hold will work in your favor or not.
Basically, there are tokens that are much better for day trading and the same goes for Buy and Hold thus you should fit your strategies on the coins you are working on.

[CryptopreneurBrainboss]

From personal experience, in a short two weeks time frame I'll still say hodling is more profitable then trading. So I have been trading to take some profit from new listing on Binance, so far I have recorded more success than failure since what I find myself doing is day trading. Some trades are minutes long while others hours but I haven't gone above 24hours.

When I compare my total profits to that of coins I bought but sold later on, assuming I held on those coins I would had made more profits then what I currently have in total. Some projects rose as high as 200% after I sold them for barley 10-30% profits. There's no risk associated with holding, if you actually know what you're doing.

[goldade]

Is there really a best strategy to employ to gain from bitcoin? Trading and hodling both have their advantages and disadvantages. It is only a matter of whether you're skilled enough to venture into trading as that is more risky than merely buying and holding.
However, it should be noted that buying and hodling bitcoin does not necessarily mean one is scared or running away from trading. Many simply buy and hodl because it's a long term investment in a way and trading is more or less a short term investment.

[molsewid]

It's my only opinion. All I can say is it depends on your strength in trading. Long term or Short term trading is profitable. Some of my friends on social media know-how to day trade and some of them didn't gain a profit in day trade so whatever trade it is, it depends on the traders forte. 

[bearexin]

I would say that long term investments have a lot less risk compared to short term ones, they also generally come up with a lot more steady profit as well if you can wait that long, however it is also one of the hardest things to do. Think about it, you invest 10k and get 1 bitcoin back in the day, you see it going to 5k and half of your money gone, and you have to wait 7 months for it to go back above 10k once again and when it does it goes back down again and up again and eventually hits 12k giving you 20% return which is not bad but you just waited 18 months of your time for 20% return with probably at least a year of your life gone from all the stress it caused.

I would say if you want to, have "unimportant" investments, and one safe fiat regular savings account. That way you wouldn't be upset.

[ReiMomo]

I would say that long term investments have a lot less risk compared to short term ones,

That's extremely right, less risk in holding long term but I guess low of profit earning compared to day trading which high risk.

This is basic strategy, buy low and sell when it comes the price becomes high. You can also hold for a long term and forgot your bitcoin in a year but of course not the key and should store in a safe wallet.

This depends on you if you are willing to risk high that potential also to have high profit, is your call. But if you want the safest way like you have a pension in the future then, holding is the best for you.

[Reatim]

It depends on your capacity and plan investing in this crypto market.

If you are Here to make foods for your table then You need to make at least Day Trading

But this is the Most risky way of looking for profit here because this needs skills and Knowledge before you can win the Price.

Next is Holding or most popular called HODL In this you need to Keep the currency you Bought for maybe year or more?depend on what is the performance of your coins and depend on Your target price.

[KnightElite]

It is not the best but it is preferable to use especially for those who are not yet used to trade actively. Day trading wherein you will use multi time frame chart is risky especially if you do not have knowledge and experience on it. Holding is a strategy is applicable to all but it requires a lot of patience and also proper risk management. A patience wherein you can able to wait especially if the price is now making a move wherein it keeps breaking out in many resistance. I would only prefer to do day trading if a certain trader have now experiences and also have a lot of strategies that they can use in order to make gains in the market.

[pawanjain]

We can't say anything would be a best strategy until we can predict the market accurately continuously which is not possible in crypto.
Buying and holding might sound since bitcoin is increasing rapidly every year but as time goes it might not be the same.
What if the yearly price of bitcoin stays the same while the volatility is increased. In this case swing trading would be best rather than holding.
So it completely depends on how bitcoin is performing in the market.

[wiss19]

For me, buying and holding is the best for me, and that’s simply because it’s what I can do best. Some of us are not a professional traders, so we see HODL as the best way for us to make money from the market, same way that expert day traders would say it’s the best.

So, people should be doing what works for them the most, if you try to do the other you will be regretting at last. I have seen people who are very good at trading to the extent they even make it their main job. What I like about Hodl is that there is not much work to do, you just study the market, invest your money and then wait while you also look for other things to do. So it’s quit simple.

[TheGreatPython]

I don’t think those people are actually saying that Hodl is better than trading, for me what they are trying to do is let newbies with no experience to know the better option for them. Literally everyone wants to be a trader, and the majority of them fails, especially the newbies.

There are professional traders who are making money from trading and I have seen a lot of them who even say that they rely only on day trading as their main job to make a living, so that means a lot of money can come from it compared to Hodl where you will have to wait for a long time before the price of a coin goes up. But trading is not meant for everyone, and Hodl is the easiest anyone can do, so it’s best to go for that if you are not a good trader.

[Rana590]

We can't say that every traders loses money. There are still a lot of traders who are generating good money daily. If you are unaware of trading, don't involve in it. First, you should learn about trading very well then you can start it otherwise Buy and hold strategy is good for you.

[milewilda]

I don’t think those people are actually saying that Hodl is better than trading, for me what they are trying to do is let newbies with no experience to know the better option for them. Literally everyone wants to be a trader, and the majority of them fails, especially the newbies.

There are professional traders who are making money from trading and I have seen a lot of them who even say that they rely only on day trading as their main job to make a living, so that means a lot of money can come from it compared to Hodl where you will have to wait for a long time before the price of a coin goes up. But trading is not meant for everyone, and Hodl is the easiest anyone can do, so it’s best to go for that if you are not a good trader.

Hodl would be an option if you arent really sure on what you are doing but also pro's does have some coins into their stash which are really meant to be hold for long term and doesnt really need to actively make trades with it.Of course trading actively is much more better if we do talk about profit making yet its incomparable when you do just simply let your coins sit and wait for a bull run which wont really happen from time to time or simply
does take really too long before you can able to make a move unlike when you do actively trade which you can possibly make out money or profits without needing to wait for that long but as mentioned where
this kind of trading wont be easy and not all wouldnt really be having a success on dealing with this anytime.It takes patience, experience and skills for you to succeed or to sustain.