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/biz/ - Business & Finance

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29268817 No.29268817 [Reply] [Original]

Is buying and hodling a good strategy?

>> No.29268875

>>29268817
No, it's the worst strategy. Read: >>/biz/thread/S29168564#p29170069

>> No.29268902

>>29268817
Depends. Real projects, yeah. EGG or BEER or whatever, no. You're smarter than this anon.

>> No.29269009
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29269009

Only works with BTC. Your shitcoin is going to 0.

>> No.29269049

dont buy to hold during a bull cycle you stupid faggit

>> No.29269061

>>29268817
Buy high sell low

>> No.29269073

>>29268875
What if I’m not a dipshit who bought high..? What if I’m way in the green....?
>>29268902
I haven’t seen a real projct and I’ve been in crypto for 5 years

>> No.29269083

>>29268817
yeah it works fine if you get in on the ground floor. These days, not so much, but I've bought, held, and I've 10x'd my money.

Crypto isn't like a stock that goes up forever. It generally has really rough bear markets. if you accumulate there, you'll be fine. Right now, if you buy and HOLD, you'll probably be down in a year or so, but you'll be up in 4-5 years. make sense?

>> No.29269153

>>29268817
Time is money

>> No.29269169

>>29269049
Explain? Everything in this market is either a shitcoin or a way overbought bluechip.. my alt is doing extremely well but I wanted to know if I should HODL for MORE GAINS. Not to recoup my losses. Christ this board is worthless now

>> No.29269193

>>29268875
I mean if you actually held the 3 years you'd be up 3x by now. Probably a better outcome than most of /biz/

>> No.29269263

>>29268817
Works for me. Only thing I really do is Davinci's sell half when it doubles strategy on shitcoins to 100% de-risk.

>> No.29269330

>>29268817
Depends on how much money you have. If you have like 10%, swing away. Buy dips, and make an easy 10-20% on corrections on uniswap or pancakeswap, it's easier on uniswap because there's a real price tracker. If you're poor and the gas fees are more than you'd make from those small swings, then just buy a semi stable alt and hodl

>> No.29269360

>>29269009
I just wanna turn my 5k into 100k and then buy 2 BTC then hold for 20 years and sell for 200000000 and retire.

>> No.29269396

>>29269193
if you buy and held good alts you did fine in the last few years
>NO NO NO NO YOU DIDN'T GET A1000X BY TRADING FOODSCAMS LIKE ME IT DOESN'T WORK EVEN THOUGH YOU JUST DID BETTER THAN MOST ANY OTHER INVESTOR!!!!
frankly the amount of brainpower it took to deal with that shit I'm sure wasnot worth the potential loss. Lot of people got rugged

>> No.29269411

Buy high
Sell low
Swing trade all your tokens away

>> No.29269445

>>29269330
>If you have like 10%,
I meant 10k. So 10-20% would be 1000 or 2000

>> No.29269450

never sell

>> No.29269787

>>29268817
buy low sell no

>> No.29269890

>>29268817
Depends what coin you're talking about and when you buy in. Buying BTC to hodl now is probably not the best idea, since it will *probably* go down in price soon

>> No.29271218

>>29269073
then take profits and rebuy when it dumps badly