Is that in $ or BTC? How did it compare to buy-and-hold?
Profits are in dollars. I'm a trader, I'm only after the kind of profits that I can grow in other markets.
As mentioned, no matter what system you use in a market which tends to increase on average, buy and hold will nearly always outperform. The buy and hold people are sitting at +2000% vs. the +1700% of the system. The difference is that the system has actually
banked these profits whereas if BTC were to collapse, the buy and hold investors would...hold.
This has been the recurring debate throughout the year and a half that this thread has been in existence: buy and hold vs. active trading. To restate my previous post:
It really boils down to your philosophy of the markets: are you an investor or trader? Investors believe in a concept and invest in that concept (buy and hold). Traders are after profit while maintaining the ability to live and fight another day (systematic/discretionary trading).I'm a trader.