Post
Topic
Board Trading Discussion
Re: One or more trading strategies, which one do you prefer?
by
taufik123
on 14/06/2023, 23:11:04 UTC
I think risking when you are holding long term is not really all that much, it's not zero I agree with that but compared to trading, the long term holding has very little risk. Depends on the understanding of "long term" of course, some people hold it long term and have absolutely no trouble, some people hold it "long term" as in 3-5 months and that's not long term at all.
-snip-
Long-term holding is a pretty good strategy when you hold the right coins.
Like you hold Bitcoin and also some of the top altcoins like Ethereum.
That can provide returns when the bull market starts to return.

But when the market continues to crash, then use the DCA strategy and of course, it is recommended to make your assets grow.
But financial management really needs to be well organized, so that you can make the right strategy changes.

In my opinion, if strategy A changes, you must have strategy B which is a backup strategy.
It will not be able to survive with only one strategy.