Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,150,837 members, 7,810,219 topics. Date: Saturday, 27 April 2024 at 12:29 AM

The Benefits Of Long-term Investing In Cryptocurrencies (HOLD/HODL) #bdccoin - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / The Benefits Of Long-term Investing In Cryptocurrencies (HOLD/HODL) #bdccoin (669 Views)

Please Don't Buy BDC From Anyone. Don't Get Scammed :-#bdccoin #capmarketresales / Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies / How To Sell T-shirts On Amazon And Make $400/day Without Investing A Dime!! (2) (3) (4)

(1) (Reply)

The Benefits Of Long-term Investing In Cryptocurrencies (HOLD/HODL) #bdccoin by Burnaron: 12:27am On Sep 26, 2021
*The Benefits of Long-Term Investing in Cryptocurrencies (HOLD/HODL)*

There are 3 key benefits of long-term investment in cryptocurrencies:

Historically it works. Over 5 years, some indices show similar rates of return. The S&P 500 generally has a rate of return of 60% over a 5-year period, while the FTSE 100 has a return of 25% over the same period. This happens almost every 5 years throughout history as markets tend to rise. Over the same timespan, the cryptocurrency market has appreciated over 10,000%. Although seeing these returns again is unlikely, crypto could still outperform traditional investment markets in the near future.

The fees are lower. Active trading increases transaction fees. By using the long-term strategy and taking the long-term view — and leaving your investments alone after the purchase — you are not incurring any trading fees. A long-term investor does not trade on a daily basis and therefore does not reduce their profits through trading fees.

The risk is less. When you constantly move in and out of the market, you run the risk of missing out on a profitable opportunity while you are outside the market. With the long-term investment strategy, you are always in the market.

�� *The beauty of BDC BRANDOCOIN in your hand is ability to (HOLD/HODL)*

Re: The Benefits Of Long-term Investing In Cryptocurrencies (HOLD/HODL) #bdccoin by iFindhub(m): 11:25am On Apr 18, 2022
Apart from hodling which is not a guarantee of getting you profits, you use other passive income streams via hodling like staking or even lending.

This is going to be a great read if you want to know the several benefits of cryptocurrency.

https://cryptohodl.tech/benefits-of-cryptocurrency/

(1) (Reply)

PLCU Business / How I Lost My Life Savings To A Business / List Of Businesses That Will Perish When Power Become Stable In Nigeria

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 26
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.