Bitcoin - Is HODL the only strategy?

[pawanjain]

I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.

To be really honest, there's pretty much nothing you can do with your bitcoins to grow it over time.
There are some workarounds but that will involve moving the bitcoins from a noncustodial wallet to a custodial wallet.
Not your keys, not your coins is a popular saying in the bitcoin community to make you aware of the risks involved in not holding your coins.
So there is no safe way to increase the number of coins while you are holding. If you do consider to take the risks then yes there are some ways.
Lending, trading, staking through 3rd parties etc... are some ways but I won't recommend it.

Holding is the best way to make through.

[gabbie2010]

I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.

Alternatively you can learn trading your bitcoin though a very risky method, it takes a lot of research and learning on how to trade, as a newbie in trading it's a bit difficult to make profit consistently except you will pass through the learning process which might take a long time to be able to accomplish your aim that is if you wanted to trade your bitcoin, however there is no short cut to learning trading else you will lose all your bitcoin, if you can't grasp or learn how to trade then hodl your bitcoin, which is less risky but small returns.

[qwertyup23]

I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.

HODL is one of those strategies that will net you income for long-term purposes. Personally, I consider this strategy as one of the safest  and most effective in terms of earning cryptocurrencies hassle free. You just purchase bitcoins during the bear market and HODL it for long-term; you may cash it out depending on your goal or once it reaches the price that you are comfortable with.

Given by the fact that forks do happen, it is inevitable for the denominations of the release of BTC as a reward for miners be reduced. This results to its price increasing in the future which makes this strategy effective for long-term.

[ven7net]

I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.

Indeed, there is no way for BTC to place bets to receive passive income, there is only an option to just be a holder or start trading BTC. The second option, as for me, is more risky than the first, but if you get skills in trading, you can try to trade BTC, which can also give you additional profit in BTC. But if I made a choice, I would probably just remain the holder of BTC, since all other options are difficult and very risky.

[irsykes]

I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.

Maybe just keep holding, you said that you already have different crypto and stake it means there are a risk when you hold that because altcoin sometimes get pump and dump. If use that bitcoin as back up capital, then you can back up ur assets  immediately when something bad happened because if stake it too, will need time to unstake it again.

[Doell]

hodl it is a long term investment ,a strategy that can grow btc only trade or can lend it to a trusted person in order to get more returns ! best advice is just that but if you don't want to take more risk just buy when you want and hold long terms on until you get good results price to sell like you hodl on the altcoins you have !

[uneng]

To hold is the most common strategy used by investors because it's considered the safest way of investing by many, since you don't need to rely your coins to third party hands, such as the investment platforms which pay a small annual interest percentage over your coins. So, of course to hold isn't the only strategy, but I can't say what is the best one for you, as it's a very personal choice that can be only taken by each and every individual.

I say that because investing your bitcoins involve risks that you must be aware before doing so. And if someone tells you to put your money somewhere and if for some reason it goes wrong at some point, you will want to penalize that person who advised you to make the investment for the issue you hypothetically might face futurely.

[Shasha80]

I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.

Indeed, there is no way for BTC to place bets to receive passive income, there is only an option to just be a holder or start trading BTC. The second option, as for me, is more risky than the first, but if you get skills in trading, you can try to trade BTC, which can also give you additional profit in BTC. But if I made a choice, I would probably just remain the holder of BTC, since all other options are difficult and very risky.

Actually there are many options to be able to make a profit from Bitcoin and HODL is not the only way to be able to make a profit from Bitcoin.
But HODL in the long term is the most effective and safe strategy to do if we want to make profit from Bitcoin. Maybe if we already understand
how Bitcoin works, we can try to practice trading, and take advantage of the volatile Bitcoin price for day trading. The risk is very high, but we can
generate regular profits in a short time. Day trading using Bitcoin I only recommend for people who do have good skills in analyzing the market.
But if we are newbie or not yet experienced in crypto world, HODL is our best choice.

[Alisha FR]

If you are betting long term, I think it is very appropriate, if your needs are not financially compromised. some other bitcoin users sometimes have to let go for various reasons. You've planned in the long term, you must have great patience for big changes.

[Mauser]

I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.

To make a constant return on your bitcoins you would need to sell them and buy them back later at a cheaper price. With the high volatility we see at the moment in the crypto market there are definitely opportunities to make some returns. The problem is that every time we trade we have to pay transaction fees and have the risk to miss out on the next rally. It all comes down to how much time and money you have to spare. I would recommend you to leave 80% of your bitcoins with the HODL strategy, and only use a small fraction of your coins to actively trade them.

[ultrloa]

If you are betting long term, I think it is very appropriate, if your needs are not financially compromised. some other bitcoin users sometimes have to let go for various reasons. You've planned in the long term, you must have great patience for big changes.

There are people unintentionally forget their stored balance since they didn't know that bitcoin would go this far and also the price before is so cheap which people didn't even bother to check it. But for now well I think many will check their holdings especially there's a huge amount at stake and mostly average traders cannot take to hold for so long and see how the market goes especially when the price collapsing badly.

[BlinkInDie]

I would recommend DCA strat, just slowly build your position over time. But don't forget to take profits from time to time.

This is actually what I'm currently doing with BTC and $ANRX, and so far, I've been profiting, especially the 42k dip of btc.

[Mpamaegbu]

Nope, hodl isn't the only strategy for Bitcoin but it's for those who are scared of trading it. Only those who want to play safe go that route. Otherwise, one can safely trade to increase their quantity if they've the trading skills for it.

I know that I can't stake with bitcoin.

True, and sadly so.

hodl it is a long term investment ,a strategy that can grow btc

Sorry, hodl doesn't grow or increase your Bitcoin. It only increases the value in price (that's if a bull rally occurs) and it can also decrease the value in price (if a bear rally occurs).

[lixer]

I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.

You might not be able to stake Bitcoin, but there are some exchanges that would allow you to invest your Bitcoin and get profit from it per annum. It’s quite similar to when you are sticking your other cryptocurrencies as you have said. You can be getting like 6% but uncommon and some of them would allow you to withdraw it at anytime that you would want to, which is a pretty good thing if I’m to say.

And apart from that you are also standing a chance of making profits as the market keeps fluctuating, when it goes off you make more than enough profit from it. Even by just holding your Bitcoin is enough already, because Bitcoin has a tendency to keep on increasing as time goes on. We have seen that over the years.

[Yamifoud]

OP, I think you should have to explore more and get familiar with the market. There are a lot of ways to earn and grow your Bitcoin and it was ONLY you who could decide what you gonna do. But of course, it all becomes more risky than usual and you should have to think it first before trying.

Nope, hodl isn't the only strategy for Bitcoin but it's for those who are scared of trading it. Only those who want to play safe go that route. Otherwise, one can safely trade to increase their quantity if they've the trading skills for it.

Indeed, right but that is too scary when you go trading without knowledge as having a bigger chance to lose your money. If we don't do anything and we just HOLD, that gonna be fine but we never think that we increase the quantity of our Bitcoin, only its market value as the price fluctuates.

[sherenikaw]

what else can be done other than hold when the market is going down like this. back to our first goal, if we aim to invest it takes a longer time to hold it but if we focus more on trading then of course we have to manage and use it in the near future. but for me bitcoin is good for long term investment and currently the price is also falling so its better to hold than to sell it and get the big loss. but if you want profit in the near future you can choose to trade with coins that are good in the market, I think it's a good choice.

[dansus021]

Bitcoin for the long run i know people like you is same like me that love staking and farming but dont be sad u can still stake ur bitcoin while waiting for long run on DeFi app but first u need wrapped bitcoin from exchange like binance or other cex and then u can start invest on lending platfrom usually like venus but most Centralized exchange currently have Bitcoin staking make sure u to check it

[ibuddy122505]

Assume you have weak hands, not being certain battle against dip then what you should do or what you have confidence most? Reality is, If you can't HODL through the dip and more, you most certainly are a paper hands who doesn't merit a lambo! I was with my portfolio about seven days prior 20k. Down to 14k at this point. As yet holding cause I see long haul with Bitcoin. I used to get scared of the dips however truly I invite them now.

During dips or down pattern most strange investors generally crypto dropping most of their percent and start pissing in the pants then sharing their horrible experience.

[rodskee]

Super Minesweeper (SM) incorporates NFT and DeFi with ultra-low gas fees.

look at how you posted this thread recently

https://bitcointalk.org/index.php?topic=5375579.msg58632777#msg58632777

pretending to be just find out about that SM and asking community about this but your name stands directly to that site and also all of your posts are pointing to advertising this one.

do you think we will trust you with that?

what else can be done other than hold when the market is going down like this. back to our first goal, if we aim to invest it takes a longer time to hold it but if we focus more on trading then of course we have to manage and use it in the near future. but for me bitcoin is good for long term investment and currently the price is also falling so its better to hold than to sell it and get the big loss. but if you want profit in the near future you can choose to trade with coins that are good in the market, I think it's a good choice.

dolding is the strategy of holders . and if you want differently then this is not what you need to do .

try trading or mining .

[Poker Player]

Nope, hodl isn't the only strategy for Bitcoin but it's for those who are scared of trading it. Only those who want to play safe go that route. Otherwise, one can safely trade to increase their quantity if they've the trading skills for it.

Hi, Mpamaegbu. You say it as if it were an easy thing (like when you say "safely trade"), and it is not, it is rather easy the opposite. In the stock market only a small percentage of traders are able to make money in the long term. I speak from memory but the percentage is less than 10% and in the crypto market it will be similar or worse, with all the volatility there is.

On the other hand, HODLing Bitcoin has given an average return of over 150% per annum. If we take into account that Buffett has a 20% return over the long term, not bad at all, eh?

Sorry, hodl doesn't grow or increase your Bitcoin. It only increases the value in price (that's if a bull rally occurs) and it can also decrease the value in price (if a bear rally occurs).

I could say the same about trading. Only increase your Bitcoin if you are one of the small percentage of traders who are able to sustain profits over the long term. If you're like the vast majority, you're going to lose Bitcoin.