Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - Is HODL the only strategy?
by
PhucS
on 11/12/2021, 16:59:07 UTC
I own different crypto and mostly I stake with them because I am interested in the long return. With bitcoin I am actually doing nothing. Can you suggest any strategies to make even a little APR? I know that I can't stake with bitcoin.
I think that hoarding and holding Bitcoin for a long time is the best way to get high returns. Its value may drop in a few months, but the goal is long-term, its growth potential is still very good. You want to get a little more profit from Bitcoin, you can trade daily. However, this way is very risky, you need to have knowledge of technical analysis and market assessment or you will lose money.