Quote from: TheUltraElite on May 31, 2019, 03:04:37 PM

Quote from: GregH37 on May 25, 2019, 10:44:48 AM

How then can you also say that holding wont get people anything? So how were people who got their money in a big way through cryptocurrency 2017 did it? Isnt it by holding? I know trading pays too, but still cannot be as much as holding would give.

No it is not holding. It is selling.

If you dont sell you dont book any profit for yourself. What you do if get euphoria for seeing huge prices and thinking what profit you would have got by selling the held coins but you are actually just dreaming and cant let go of your coins for a few days. If you would sell at the tip and hold the cash for the dip and buy the dip you would actually multiply your held amount. But who cares about selling and buying back anyway? Grin

I LOL, I care mate, I have been engaged in this type of strategy for a while now since I started studying the movement of BTC, and I think it is lot more profitable when you sell at high and buy back at dip. You can do the calculation yourself.

I have 1 usd in a trading account which I sold recently when BTC was @$8700, now I have used that $8700 now to buy when the price dropped to $8200 yesterday, has that not increased my holding already, this is how I have managed to build my portfolio up to 1BTC and if this strategy continues, I will build it higher than that before the next bull run, but I dont advise everyone to do that because it is lot riskier.