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Author Topic: the best investment strategy for non-professionals  (Read 15 times)
AlphaBoy (OP)
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July 12, 2024, 04:20:12 PM
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professionals who day trade and make thousands on daily basis are people who been in this business for years.
they gain a huge experience of reading the chart and different indicators, they also have a very good pattern recognition ability and this is a gift that not everyone has.
however, people who don't have that gift might result to another methods which include but aren't limited to:

1-Buying the dip
the most famous one, simply wait until the price dump to a low price then buy it on the hope of getting back to the original price one day.

2-Seeding
This method may have a different name for some people but the concept is the same, since there are more than 33,000 coin you simply go and buy some cheap one, you buy randomly and wait till one of them blow up and take out your profit

3-Holding
this is the most easy one, you simply buy and hold and hold and hold until the coin get up, this method in my opinion aren't worth it with meme and altcoin, only Bitcoin can give you a good result

4-Hording
this method is similar to seeding but it had some gambling as here the goal is hording as much as you can of a single coin, each month when you receive your pay check you put everything you can on that coin no matter what the price is, in this method you only hope that they burn some of the coin's reserve to rise the price up, this happen a lot in meme coins.

5-Saving
Like a bank you put your crypto in some saving wallet and you receive APY on what you've deposit, this one is extremely slow since the biggest APY I ever saw was 4.8% on Bitcoin, and 25% on meme coins and this won't protect you from the market fluctuations most of the time


For people who doesn't understand the market, what is best method to be used here? any why?


my personal opinion:
1-Buying the dip worth it on Bitcoin and Ethereum, the rest of alt and meme coins aren't worth it as they might never recover.

2-Seeding is a gamble but you can use the losing receipt, you definitely won't lose 100% of your investment but still, you can lose 99%

3-Holding might work on any new coin that appear, the best result of holding can be with Bitcoin and Ethereum

4-Hording (especially now a days) will work only in meme coins, very dangerous move however.

5-Saving only work with Bitcoin and nothing else, the point of saving in crypto market isn't gaining money but rather protecting your self of the decreasing of the value, If you saved your Bitcoin in 3% APY and the Bitcoin price drop 3% on the average that year then you still have the same amount of money, you didn't lose anything but this can't be apply on any other coin due to the huge differences in the price fluctuations, I bought a meme coins and put it in 25% APY wallet and in the same year the coin value decreased 34%, this won't happen in Bitcoin


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July 12, 2024, 06:17:17 PM
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The best investment strategy for non professionals in cryptocurrency is to have a long term approach & to diversify their investments. It’s important to thoroughly research & understand the different cryptocurrencies before investing. Investing in a portfolio of established cryptocurrencies with strong track records & market capitalisation like Bitcoin & Ethereum can help mitigate risk. Regularly monitoring the market & staying updated on the latest news is also crucial for making informed investment decisions. Obviously only invest what one can afford to lose.
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