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Maybe hold is enough to do, if we didn't have knowledge and experience as a trader.
Because a trader is not easy.
Yes, with HODL you will not lose because you are not selling in the near future while in the long term there is certainly hope where bitcoin is higher.
Don't speculate too much
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Invest in crypro needs speculation.
But we should have good strategy to reduce the risk.
HOLD is good way, if we aren't a profesional trader.
I'm prefer become a trader than holder.
Investing in the DCA method is very helpful for those who do not have the ability to buy large amounts of Bitcoin at once.
You're right, I have used DCA to buy bitcoin.
It's useful.
I set buy bitcoin every week.
Let me give you a small example, a year from now Bitcoin was probably worth between 18 and 25 thousand dollars. You can tell without calculating how much profit those who invested at that time and those who invested until now have received but you did not invest at that time then the person who invested and held the investment until now and you did not invest in the case of two people where is the difference. The difference is that the other person is holding the bitcoins because he got a huge profit after a year but you are not investing and holding it because you are planning to invest again which is the reason for holding. If you invest now and hold for a long time, then some people will regret not investing now.
don't forget hold needs cold money , buddy.
Many people prefer do trading than hold, they want to gain daily profit.
Although hold is more profitable and low risk, but we must keep patient.