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FWIW there's a lot of scientific research backing the idea that HODLing is the best trading strategy for stocks[0]. It's why women tend to do better than men on
by olalonde 4y ago
FWIW there's a lot of scientific research backing the idea that HODLing is the best trading strategy for stocks[0]. It's why women tend to do better than men on the stock market (they trade less)[1]. Given that cryptocurrency is even less predictable than stocks, it'd be surprising if it didn't hold true for cryptocurrency as well.
[0] A good book on the topic: https://en.wikipedia.org/wiki/A_Random_Walk_Down_Wall_Street https://en.wikipedia.org/wiki/A_Random_Walk_Down_Wall_Street
[1] https://holdfastwealth.com/blog/why-women-make-better-investors-than-men https://holdfastwealth.com/blog/why-women-make-better-invest...