My investment strategy is very simple. I only buy and hold. When the price is low, I buy more.
Day trading is not what I like to do, because I think frequent trading is more difficult to get succeed for my crypto investments.
This is the simplest type of investment strategy which is always been effective. Actually I did this and so far I hope that I can continue this type of strategy. I'm thinking to invest 5% of my monthly salary for bitcoin and I will just hold it and do nothing with it. Because its more profitable rather than depositing it into bank.
Do it constantly and you shall see the result in due time, your investment plan is very affordable since 5% is just a little percentage of our income. If you would ask me, I would do more than that or do a progressive method, you never know how much you can accumulate in the future.
Yes it might be little percentage with my monthly salary but still when there are times of needs that I need to spend it. I find that amount very big, but you are right if I can do it constantly then I will reap the harvest in no time. Thanks for the good words and I hope that I can manage to do this consistent monthly by investing with bitcoin.