No, in my opinion this is a great strategy for those who do not want to take risks or just do not have much time for this! Also, with such a strategy, beginners should begin to not lose all their money!
I totally agree with you! I also started this way! I invested a lot of money at a high price, but thanks to the fact that I did not make mistakes and did not try to sell, but just waited, the price grew several times!