as a fellow bitcoin investor, what strategies have you found to be most effective, to maximizing your returns while minimizing risk?
My effective strategy is to do DCA every week and this does not maximize profits in the short term because I don't day trade to make profits but it is enough for me to hoard more bitcoins and minimize risk more because I will wait for the right momentum to strike sell it later.
do you prefer to hold bitcoin for the long term or you actively trade based on market trends?
Currently prefer long-term projects with bitcoin rather than trading, but it depends on us doing if the trade generates a sizable profit why don't you do it?
Only now more focus on bitcoin as a Holder.
and what resources or tools do you use to stay updated on the latest news and analysis related to bitcoin and other cryptocurrencies?(or you does not care about most of the news)
You have posted about this in other threads, and others have answered about the latest crypto news tools.
I forgot about that site in which we can see all latest news at one platform