#HODLTradingStrategy #HODLTradingStrategy
Buying a digital asset (like Bitcoin or Ethereum) and holding it long-term, regardless of daily or monthly market fluctuations.
It is an investment strategy, not day trading.
---
šÆ Goal of the strategy:
Profit from price increases in the long term
Ignore short-term fluctuations
Rely on faith in the strength of the project or technology
š Components of a successful HODL strategy:
1. Carefully select cryptocurrencies
Not all cryptocurrencies are suitable. Choose coins:
With strong market value (like BTC, ETH)
That have a real project and actual use
That have an active community and developers
2. Enter at a suitable price (buy during dips)
Buying during corrections or what is known as "buy the dip" reduces the average price and increases returns later.
3. Use a secure wallet (not exchange platforms)
Long-term holding is preferably done in:
Cold wallets like Ledger or Trezor
Or secure software wallets (like Trust Wallet or MetaMask)
$BTC
$SOL
