Post
Topic
Board Trading Discussion
Re: Is Buy and Hold Really the Best Strategy in Crypto?
by
Casdinyard
on 29/08/2020, 11:38:23 UTC
Some people say that Buy and Hold is the best strategy and can't be beaten. They hear phrases like “95% of traders lose money” and automatically assume that all trading is bad and markets can not be outperformed.

Do you believe that day traders or those whom trade daily do lose 95% of either by chance or their profit? Hell no! Trading in general depends on the strategy of the trader. Some trader are onto daily analysis and trading, in which a little movement and change to the price matters, yet depends on their reading if their prediction and analysis was right. Yes some of day traders often lose, but not those professionals, as experiencing loses tends to make you learn. Meanwhile, there are long term traders in which they hold their investment for years and withdraw it the time they wanted to, and not all cases of such investments ends up winning, some long term trades ends up losing as well if the crypto or an altcoin's price were dumped.