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It's better to buy and hold Bitcoin than to trade it actively.

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It's better to buy and hold Bitcoin than to trade it actively.

I backtested a trading strategy using just 4 months of the latest data. It did well in the current market. With a capital of $100 it yields $25 in 4 months. But if I bought at October and held it till today, it would have more or less yielded me $40 minus the stress and drama and trading fees...If I used more than a year of data, the difference would have been more pronounce and the strategy probably would have made more losses (Maybe it's just my strategy that sucks, now I'm just gonna buy and hold).

submitted by /u/SpringAutumn_Cicada
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