Seems like a bearish enough day to post this strategy.
Its more hodl strategy than trading
Most of us traders try to beat the market and lets face it most of us struggle to even after tons of time effort or TA
I have been personally doing this simple stupid BTC daily buy strategy for past 150 days and its been pretty good returns considering how market has been.
This strategy has zero stress zero expertise necessary and also needs zero trading. Don’t even need any bot platform as you can do this on most exchanges
Strategy is simple
Buy fixed $ amount of BTC Daily at UTC midnight
Results are 30% up since 150 days. Not bad considering how different risk assets have performed especially for pretty much no effort.
So i looked at a backtest to see if this works over the years
Posting yearly analysis .
TLDR is in 4 years only 1 year there would be a loss following this simple stupid strategy.
2022 you are in negative but let’s not forget that year had Luna Ftx Celsius and what not
You can further stake your BTC monthly/quarterly to gain more from BTC holdings
Investment timeframe ideally needs to be atleast one BTC halving cycle