Quote from: 156216 on January 28, 2014, 02:21:54 AM

Quote from: shorena on January 28, 2014, 12:55:47 AM

Buy and hold is not going to make you money

Long-term, you are wrong. Imagine the guy that brought @ 266 in April, must have been kicking himself so he sold for a loss. Should have just held it. Buy it, and put it in cold storage. Don't even bother looking at the charts everyday or you'll go nuts. I'm am not saying to completely disconnect oneself from the bitcoin community, but rather to stay informed and never risk more you are willing to lose.

Just my two satoshis.

Id have to do the calculation for exact numbers. But if you followed a decent trading strategy youd have a greater profit compared to someone just buying and holding.
And looking at the chart every morning is not stressfull. You dont have to trade hourly candels, you can trade daily or even larger candels or somewhere in between. That way you will follow the size trends that fits your life the most and still make profit. E.g. currently the trend for my indicator goes down. Selling point was the 15th and the downward trend is going on ever since (~840 downto 751). Thats for daily candels and not very stressfull. I usually have a signal every few weeks, depending on the length of the trend.