are you a long time hodler?

[cafter]

as a fellow bitcoin investor, what strategies have you found to be most effective, to maximizing your returns while minimizing risk?

do you prefer to hold bitcoin for the long term or you actively trade based on market trends?

and what resources or tools do you use to stay updated on the latest news and analysis related to bitcoin and other cryptocurrencies?(or you does not care about most of the news)

[Nwada001]

Yes, I'm a long-term holder and am also a day trader. I have a few bitcoins that I have purchased and stored somewhere, which I gift to myself as birthday gifts and have decided to hold onto for so long that I don't even know when I will ever decide to sell them off, maybe after my first child is born, or when bitcoin will actually turn $100-$300k. 😉

One thing about day trading is knowing the right time to buy and the right time to sell, because you might have some volume of BTC and when you see a higher price, you might be tempted to sell with the hope of buying back when the price drops, but you might end up seeing it hit an all-time high. 
So just trade with a strategy that favors you; what favors me might not be what will work for you. 

[The Cryptovator]

The most effective trading strategy can vary from person to person as each individual may have their own unique approach. The holding period for trades may also differ based on personal preferences. Personally, I tend to adjust my holding period based on market volatility and take advantage of fluctuations. However, my primary goal is to increase my portfolio through active trading

[darkv0rt3x]

My only strategie is to DCA and hodl! And only Bitcoin. No more no less!
There is no point, in my point of view to be stressing with trading neither with Bitcoin nor any other shitcoin.
Around 5 years ago when I started, yes, I tried trading shitcoins, but I have no time to pay too much attention to charts, so I quickly acknowledge that that was not for me at all!
I usually put a side a couple of shiat coins per month and buy Bitcoin and let it rest!

[pixie85]

I'm a hodler. I used to trade...
to be honest, I used to trade alcoins in the ICO era, then invest in altcoins for longer term, mainly ETH and Cardano, then I became more of a bitcoin maximalist.

Now I'm a hodler. I don't trade anymore. I have some of the altcoins that I used to trade in 2019 but I got rid of most of it and turned it into bitcoin. I don't use many resources or tools to stay updated. This forum is usually enough, but I read some outlets or watch youtube channels like the daily hodl from time to time.

I think that holding is much better if you don't have time to monitor the price. If you're unemployed, by all means, turn to trading. If you have a job, don't undermine it by staying up at night watching bitcoin charts.

[ajiz138]

as a fellow bitcoin investor, what strategies have you found to be most effective, to maximizing your returns while minimizing risk?

My effective strategy is to do DCA every week and this does not maximize profits in the short term because I don't day trade to make profits but it is enough for me to hoard more bitcoins and minimize risk more because I will wait for the right momentum to strike sell it later.

do you prefer to hold bitcoin for the long term or you actively trade based on market trends?

Currently prefer long-term projects with bitcoin rather than trading, but it depends on us doing if the trade generates a sizable profit why don't you do it?
Only now more focus on bitcoin as a Holder.

and what resources or tools do you use to stay updated on the latest news and analysis related to bitcoin and other cryptocurrencies?(or you does not care about most of the news)

You have posted about this in other threads, and others have answered about the latest crypto news tools.

I forgot about that site in which we can see all latest news at one platform

[LDL]

do you prefer to hold bitcoin for the long term or you actively trade based on market trends?

Bitcoin is usually held by me for the long term, moreover Bitcoin is a currency that you will not get good profits if you hold it short term. Holding Bitcoin for the time being for three to four years can yield fairly good results. But the whole year 2022 was the best time to invest in Bitcoin. Because 2022 was full of bloody events and the Bitcoin market was below $16,000.
Those who invested in Bitcoin at that time and decided to hold it for a long time now have the opportunity to double their profits. Moreover, in the coming halving years, if Bitcoin surpasses the highest market in 2021, then unimaginable profits will come to those who invest and store it at the present time.

[JoyMarsha]

I had always intended to hold bitcoin for a very long time, but due to the constant ups and downs in price, I chose to use the DCA strategy so that I could gradually reap the rewards until the price of bitcoin began to soar.

The candlelight of crypto is about to shine. Bitcoin price is around $29,127 now. It appears as the $30k price speculated by many will happen very soon. I will begin to hodl bitcoin more and then minimize my DCA strategy

[CryptSafe]

Yes I am holding for long and I have bitcoin I have already kept safe for my long term holding and some for emergency as well. I had to do this because of my experience sometimes last month which I learnt something from. So after that occurrence, I had to do it these three ways; to separate my Long term holding, my emergency savings and trading so as not to interfare with any of them in any situation. I trade on daily basis with my trading account so I collect my profit as it pleases me to do.
People trading techniques varies so their time of trading too.

[Hypnosis00]

as a fellow bitcoin investor, what strategies have you found to be most effective, to maximizing your returns while minimizing risk?

do you prefer to hold bitcoin for the long term or you actively trade based on market trends?

Holding is the easiest way to do in minimizing the risk. Like if you buy Bitcoin during the bear season, hold and wait for the next bull run - you are actually eliminating stress in your mind. It was not difficult as many people are saying if you are really committed to doing that and becoming certain of your goal.

and what resources or tools do you use to stay updated on the latest news and analysis related to bitcoin and other cryptocurrencies?(or you does not care about most of the news)

What I did is only check on the coinmarketcap to keep updated but never I check this daily as it will bother me when I saw drops. Weekly is good enough at least we are aware of the situation and besides, we are long-term holding.

[coupable]

I am not a day trader and consider trading a passive activity since it is not productive. Just like when you play a game or participate in a contest. The only investment, in my opinion, is the long holding of Bitcoin, since it is the safest asset and since I consider it undervalued. Maybe I'll get rich when Bitcoin becomes a million dollars since I don't hold much of it.

One thing about day trading is knowing the right time to buy and the right time to sell, because you might have some volume of BTC and when you see a higher price, you might be tempted to sell with the hope of buying back when the price drops, but you might end up seeing it hit an all-time high. 
So just trade with a strategy that favors you; what favors me might not be what will work for you. 

Unfortunately, it cannot be recognized that there is any strategy that can be considered safe for success. The summary of what is happening is that predictions are based on luck, and everyone has their own way of formulating those predictions. If this prediction works for me, it probably isn't right for you, and it doesn't mean it will always work.
Trading can be likened to gambling, not investing.

[ultrloa]

as a fellow bitcoin investor, what strategies have you found to be most effective, to maximizing your returns while minimizing risk?

do you prefer to hold bitcoin for the long term or you actively trade based on market trends?

and what resources or tools do you use to stay updated on the latest news and analysis related to bitcoin and other cryptocurrencies?(or you does not care about most of the news)

Since my budget is limited and don't have 7 digits figures in cash I don't do long term hold since can't afford to do it. But if you multiply the earnings you can get by holding or trading I can say its the same so, but you just need to be consistent then not to be so greedy to take more challenge in the market to assure you can gain.

So think about this if you can hodl then might be good for you but if not then try to venture with frequently trading or find some investment that can generate you a good ROI.

[drwhobox]

do you prefer to hold bitcoin for the long term or you actively trade based on market trends?

I used to trade Bitcoin but find out it was not worth my time. Unless you are a full-time trader, you should not take the decision of bitcoin trading. You have to spend enough time in order to make a profit out of trading, plus good knowledge of technical reading.

I prefer holding bitcoin for a long time, from my point of view, it is more comfortable for me to hold bitcoin. For me holding bitcoin is less stressful and less risky.

[blockman]

as a fellow bitcoin investor, what strategies have you found to be most effective, to maximizing your returns while minimizing risk?

Just HODL.

do you prefer to hold bitcoin for the long term or you actively trade based on market trends?

And I have chosen to be a long term holding because I have done it myself and experienced how it's easy to make money through just holding. At least for those who have experienced holding, it's easy but for those that lack experience then it means that it's not.

and what resources or tools do you use to stay updated on the latest news and analysis related to bitcoin and other cryptocurrencies?(or you does not care about most of the news)

The typical crypto news articles and websites are enough and the forum as a resource for it is more than enough. You can browse everyday or register to the newsletters of those websites if you want to.

[n0ne]

Majority of the cryptocurrency users prefer to be long term hodlers, but the same isn't achieved in reality. Most of the time people cash out bitcoin to meet-up unexpected needs of the family. What for an user holds is mostly to enjoy the growth out of the investment. Some just keep it safe and take it only when the target price is reached. Common kind of gamblers keep on getting into different forms of trading to increase the portfolio. This is the best way and my long time holding in these days doesn't last more than two or three months.

[sheenshane]

as a fellow bitcoin investor, what strategies have you found to be most effective, to maximizing your returns while minimizing risk?

do you prefer to hold bitcoin for the long term or you actively trade based on market trends?

A perfect way to minimize risk and possibly avoid losses.

• Holding long-term
• Do DCA in purchasing Bitcoin

The main reason people hold Bitcoin in the long term is the potential for price appreciation because Bitcoin has historically had significant price increases over time, and some investors believe that this trend will continue in the future until it will make again an all-time high or ATH.

[NicNacCoin]

do you prefer to hold bitcoin for the long term or you actively trade based on market trends?

I am a long term bitcoin holder. For a long time I kept my bitcoins stored in my wallet but two days ago I had to sell it for a need.  But I still have some bitcoins left. Those bitcoins I've held for a long time will not sell until I see the bitcoin halving.

and what resources or tools do you use to stay updated on the latest news and analysis related to bitcoin and other cryptocurrencies?(or you does not care about most of the news)

I store news about cryptocurrencies in different ways. But mostly I save news from all these sites like Crypto News, Bitcoin Magazine. Especially most of the time I don't pay attention to any news. Because we are constantly active in the forum and from here we get various news.

[MusaPk]

My only strategie is to DCA and hodl! And only Bitcoin. No more no less!
There is no point, in my point of view to be stressing with trading neither with Bitcoin nor any other shitcoin.
Around 5 years ago when I started, yes, I tried trading shitcoins, but I have no time to pay too much attention to charts, so I quickly acknowledge that that was not for me at all!
I usually put a side a couple of shiat coins per month and buy Bitcoin and let it rest!

That's what I have to say about bitcoin. There is no way we can predict future price of bitcoin. As per my knowledge all charts along with TA have gone wrong in predicting price of bitcoin. Bitcoin goes up when it wants to go up and vice versa, no news or event can impact bitcoin price. This is what my experience say about bitcoin.
You are doing right thing by investing in bitcoin in DCA manner. If you can wait for long term then bitcoin won't disappoint you. Don't waste time and money doing short trading in cryptocurrency.

[TelolettOm]

as a fellow bitcoin investor, what strategies have you found to be most effective, to maximizing your returns while minimizing risk?

Always update the information and knows well the fundamental factor of each coin you invest. That's what I do for my crypto investment. And make sure you choose trusted coins or reputable projects to invest in. Stay away from shitcoins, meme coins, or weak projects!

do you prefer to hold bitcoin for the long term or you actively trade based on market trends?

I rarely trade my crypto coins, especially for Bitcoin. I prefer to buy and hold my Bitcoin until the next bullrun season.

and what resources or tools do you use to stay updated on the latest news and analysis related to bitcoin and other cryptocurrencies?(or you does not care about most of the news)

There are many sources, but I most often check Bitcointalk forum, CMC, CoinGecko, and crypto news sites.
I care about the news, especially current issues/rumors. It may bring big impacts to crypto markets and coin prices.

[GreatArkansas]

do you prefer to hold Bitcoin for the long term or you actively trade based on market trends?
(....)

It really depends on your goals. If you are really dedicated and got a lot of time and you are willing to give most of your time then you need to learn how to trade, you need effort to always get updated about the market. On the other hand, holding Bitcoin for the long term is another good idea, you just need to wait, buy and hold.
It will always depend on your investment objectives and personal circumstances.