[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 126 KB, 1080x923, 1708433598999351.jpg [View same] [iqdb] [saucenao] [google]
57864028 No.57864028 [Reply] [Original]

is HODL best strategy ?

>> No.57864059
File: 103 KB, 1080x826, 1709612447911649.jpg [View same] [iqdb] [saucenao] [google]
57864059

>>57864028
>Just hodl bro!

>> No.57864205

>>57864028
No not even close especially with alts. Try to sell when it goes really really high and buy right when it starts to go up

>> No.57864366

>>57864028
Works for me. I held through the big crash in 2021 and this recent dump. I'm doing fine. No losses yet.

>> No.57864683

>>57864028
No. Not indefinitely. Buy low sell high is the best strategy.

>> No.57864803

>>57864028
As long as there is always a greater fool, then yes.

>> No.57864892

>>57864059
what is this, funding fees? why would you hold perps for any long period of time?

>> No.57865001

>>57864028
hodl til late 2025, then either sell it all or spend it as currency before it plummets again.

>> No.57865051

No. Think of the markets as an elevator. At any given time it could be in the lower lobby or the penthouse but holding indefinitely is not a wise strategy. Timing is everything.

>> No.57865622

>>57864028
you must have extreme patience to successfully pull it off. For some altcoins though it is just plain dire though

>> No.57865894

>>57864028
Long term, sure. If you bought in 2018 and held until now you'd be set. But you wanted to trade on fuckfacecumsluskullraperaptorinu5000 and have it all in one night.

>> No.57865925

>>57864028
Yes until it's not. You should be thinking about selling when all normies start tallking about crypto. Unless you're willing to hold through another cycle.

>> No.57865941

>>57864028
holding bluechips like ethereum is smart
holding shitcoins is dumb

>> No.57866165
File: 205 KB, 2000x627, Untitled-1.png [View same] [iqdb] [saucenao] [google]
57866165

I held onto ETH for 4 years. I am not smart with my money, I shouldve dca'ed into it or cut my losses earlier. Luckily I didn't pussy out so I didn't realize any losses. I watched my portfolio go -70% at one point and I thought, to myself "If I have done everything wrong since the beginning because of my emotions, I will do the exact opposite of what I think I should do."