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Buy-and-Hold: A Timeless Investment Strategy in Trading
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BUY and HOLD “Buy and hold” is a passive investment strategy where traders buy an asset intending to hold it for a long time, regardless of market fluctuations. This strategy is typically used in long-term investment portfolios, where the idea is simply to get in the market without any regard for timing. The idea behind this strategy is that on a long enough time frame, the timing or entry price won’t matter much. The buy and hold strategy is almost always based on fundamental analysis and typically won’t concern itself with technical indicators. The strategy also probably won’t involve monitoring the performance of the portfolio frequently – only once in a while. While Bitcoin and cryptocurrencies have only been around for a little more than a decade, the HODL phenomenon could be compared to the buy and hold strategy. However, cryptocurrencies are a risky and volatile asset class. While buying and holding Bitcoin is a well-known strategy within the cryptocurrency space,, the buy and hold strategy may not be suitable for other cryptocurrencies #Megadrop #BinanceTournament #CPIAlert #BinanceTurns7 #FreeCryptoEarnings
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What a move $ARKM
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The crypto market is growing BTC Dominance - 53.25% Market Cap - $2.15T BTC - $57,953.01 (+2.84%) ETH - $3,049.02 (+2.46%) BNB - $518.7 (+3.04%) ZRO - $4.09 (-0.45%) ZK - $0.163 (+3.95%) STRK - $0.559 (+9.47%) $W - $0.2852 (+12.46%) $ARB - $0.692 (+11.65%) #SOFR_Spike #Megadrop #BinanceTournament #LayerZero #CPIAlert
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You can buy and hold some $MANTA $ARKM $TIA on spot for mid term 2x-4x profit. ❤️🔥 DCA Mist if you get more dip #BinanceTournament #ETH_ETFs_Approval_Predictions #Megadrop #LayerZero #CPIAlert
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