#HODLTradingStrategy
WHAT IS HOLD TRADING STRATEGY
A hold trading strategy involves buying and holding onto a security, such as stocks, cryptocurrencies, or bonds, for an extended period, typically several months or even years. This approach is based on the idea that the value of the security will appreciate over time, allowing the investor to sell it at a higher price and realize a profit.
*Key Characteristics:*
1. *Long-term focus*: Hold trading strategies are designed to ride out market fluctuations and capture long-term growth trends.
2. *Low turnover*: Investors using this strategy tend to buy and hold securities for extended periods, reducing the need for frequent buying and selling.
3. *Patience*: Hold trading requires patience, as investors need to wait for the security's value to appreciate over time.