Post
Topic
Board Trading Discussion
Re: One or more trading strategies, which one do you prefer?
by
milewilda
on 14/06/2023, 23:18:31 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.
Holding and accumulating is ideal if you arent really that making some full time trading or active dealing with the market and its true that it would be worth if you do able to hold up those right coins.
How to determine right coins? Holding the current top ranking ones would be the best shot. In speaking about strategies then its better that we do really have lots of variations when it comes to this because
we know that market cant really just be moving on a single path on which we could make use of a single strategy. Although it doesnt really give out any guarantees that we could really be able
make that right decision on using up different strategies but we know that it is really that much more better rather than on sticking into one.
It doesnt matter though on how many as long you do really want to make use of those ways and methods then it would really be on your own choice on how you would really be
gonna handling up yourself into this unpredictable market.