Post
Topic
Board Bitcoin Discussion
Re: Bitcoin - Is HODL the only strategy?
by
KaliLinux
on 18/12/2021, 06:30:46 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 believe you are already doing the best strategy for Bitcoin which is HODL.
That gonna be a case-to-case basis as I hold when the market dumps but later when it recover back, I just sell them. I think, Holding is an option, we can make a trade, staking and etc...if we wanted to earn more. It is only finding a way where you can assure that you won't lose but instead of profit.

But if we don't have skills like trading, then it has no choice but just to hold until we decide to sell. As I've said, holding alone doesn't give you much unless you bought a lot of Bitcoin or potential altcoins.
True that. only if you really understand trading then that is another way for you to accumulate on Bitcoin but this is also the easiest way for you to lose your Bitcoin Hodlings too. I don't stake Bitcoin and don't think it is a wise choice but just to HODL till the price is right.