Post
Topic
Board Altcoin Discussion
Re: Coin holding strategy
by
Bendz
on 12/04/2018, 04:30:25 UTC

A. Holding until a certain target is reached
For example, you buy BTC at the price of $3,000 and will only sell when it reaches $15,000. This is the most basic, yet the least effective strategy. If the price goes up to $14,800 and then drops, maybe you will have to wait another year. Who knows?

good advice. I prefer the above method because it suits my target for the purpose of investing in bitcoin, it is risky but if the price is down, I have to use alternative to hold it until the price rises again.