Hold and set a realistic exit target: Is that the best strategy for Bitcoin investment?

[Fidelia]

When it comes to investing in bitcoin, many different people have different strategies to do it. There strategy of setting a 10% or 20% exit target and then buying bitcoin to hold till that target is achieved, then you leave the market. Is that the best strategy to invest in Bitcoin?

 

[gwolf666]

No, the best strategy is to invest in BTC at the times you think will be the most historic low of the last moment, that is, buy cheap and then hold and so on until the price rises, once the price rises you sell a little, but YOU DO NOT SELL EVERYTHING! since BTC is created to revalue, because in the long or short term, no matter how much the price falls again, the price will rise again and will break a historic high again, so you should take advantage of the drops and buy again at the minimum that your strategy tells you and then sell a little again when the rise, all the remaining little you leave it holding, and so on, the more BTC you have held, the more money you will have in the long term when BTC rises in value

 

[King Belieal]

No, the best strategy is to invest in BTC at the times you think will be the most historic low of the last moment, that is, buy cheap and then hold and so on until the price rises, once the price rises you sell a little, but YOU DO NOT SELL EVERYTHING! since BTC is created to revalue, because in the long or short term, no matter how much the price falls again, the price will rise again and will break a historic high again, so you should take advantage of the drops and buy again at the minimum that your strategy tells you and then sell a little again when the rise, all the remaining little you leave it holding, and so on, the more BTC you have held, the more money you will have in the long term when BTC rises in value

This is a very robust strategy. And I don't think it is too far with that of the opening post. BTC would always revalue. That's the crux of your writeup. writeup.

 

[Webster]

Honestly, it depends on the individual's strategy.
In my case, the (at present $225 or so) holdings I have in Bitcoin are a long-term position, there to build over time as if I were investing in stocks or bonds. The rest (around $125 or so at present) in Ether, Solana and Litecoin are also long-term holds.

For me, crypto holds the same benefits and risks as traditional securities, thus do the same risk/benefit research and diligence there as you would w/anything else.

 

[Min George]

Strategies for bitcoin investment can change based on how the market outlook is at a particular time.

 

[magnus2022]

There are many good trading strategies. It all depend on individual preference and tolerance level. The strategy you shared here is equally good and recommended. I think i have to adopt it.

 

[Augusta]

it is all about managing risk and securing profits, and involves setting predetermined price levels at which to sell to lock in profits.

 

[Webster]

There are many good trading strategies. It all depend on individual preference and tolerance level.