Why you don't hear much about the buy and hold Bitcoin strategy on Youtube

in #bitcoin8 years ago

It is not sexy and it does not involve trading or flipping or buying into cloud mining (scam) conglomerates, but buy and hold is a solid cryptocurrency acquisition strategy if you truly believe in the future of that coin. People do not talk much about this strategy because you can't sell newsletters based on it and you can't teach/sell "How to trade" seminars about it. Bitcoin can do so much and people have this desire to do "something" with their Bitcoin. This can lead to trouble. Doing "nothing" with your Bitcoin (holding) is a very solid and safe strategy. You won't end up getting scammed by a cloud miner if you hold your #Bitcoin.

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