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

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The simple strategy can be the best strategy. If you believe in Bitcoin then there is no reason to play games with it. Just buy and hold it until at least 2020. You don't hear much about this strategy on youtube because it is simple and you can't write a newsletter about it or sell a product because of it. Like these Steemit posts: https://steemit.com/steemit/@bitcoinmeister/steem-bitcoin-and-other-cryptocurrencies-are-redefining-the-community-paradigm-and-breaking-down-forced-state-controlled and: https://steemit.com/steemit/@bitcoinmeister/steemit-users-need-to-break-their-coinmarketcap-price-checking-addiction-and-work-more-on-marketing-steemit-to-the-masses My Steemit: https://steemit.com/@bitcoinmeister/posts July is Vcash month. Get them on Shapeshift.io! https://v.cash/ http://disruptmeister.com/ Support the cause if you like what I have to say: BTC: 124ZqLGRePVx4P6YSDLnzjETZ1ByFsDTfb LTC: LaFAfLv9XoadM3kPDpMoPKcxHWYQop8uSs ETH: 0x7386dbca3e8da787cc39190802fcba85a07ea5a9 DASH: Xfew368HijpMxSQNosJvyfMPw4enigg7CZ Vcash (XVC)= VbRjaqW1GocDweAM7MVve4z2PWRKYWWTYs Monero: 47MnZvoKVeZL4xhczW3t7zTnHQhJ3wkJ2Yxgyh2iWKTDhqrvdxjg41xZXrJhzn4yXxGVCJyNBroxK738rHKfGPWkQRQ2jj1 I ACCEPT EVERY ALTCOIN! This video explains what to do to get me to list, talk about, and create a payment address for your favorite Altcoin: https://www.youtube.com/watch?v=VD9GOslS4zg Watch more of my Bitcoin videos here: https://www.youtube.com/playlist?list=PLLgyAakZPtCVQKl6naVHUfOiICFG8BYMp Follow Adam on Twitter here: https://twitter.com/TechBalt Bitcoin- Escape from the EBT Card/Obamacare/welfare/slave/dollar/Fed system. BitcoinXR.info is another site of mine you will only read about in this notes section for now. More news on that soon enough....
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Text Comments (38)
whatsupbudbud (7 months ago)
Video starts at 1:35.
Mambo Ferido (1 year ago)
Should I diversify my investment to BTC and other alt coins? I'm thinking of 3 total cryptocurrencies to invest in.
BitcoinMeister (1 year ago)
I ONLY BUY BITCOIN
jess sagalow (1 year ago)
$5500 now!
BitcoinMeister (1 year ago)
and it is not even 2020 yet! Thanks
Derska (2 years ago)
so right !! i LOVE to hold lol question: what is the best way to buy bitcoin, and what's the least price fee do u consider when buying btc from a seller ??
David Jenkins (1 year ago)
shutin Gemini has lower buy and transfer fees than Coinbase.
Derska (2 years ago)
Yeah! Thats very true like several other better ways to buy anonymously if not whats the point of keeping the gov off the cryptocurrency. Therefore they might as well run the movement, thats supersafety :)
BitcoinMeister (2 years ago)
If you want to be anonymous when Buying BTC you meet some dude on the street and give him cash. Safety factor goes out the window though.
Derska (2 years ago)
im an american and Im scared of coinbase for id purposes. Cryptocurrency is supposed to be anonymous and all the fees are just placed to rip off each other ,thats not clear freedom. Thats a Digital War in the making.
BitcoinMeister (2 years ago)
Coinbase is the safest place in the USA. Feel free to email me and set up a meeting or pay for one on one questions if you have more questions.
Gergis G (2 years ago)
it's jerjis ☺
BitcoinMeister (2 years ago)
OK thanks! :)
veriappelsiini (2 years ago)
I think there could be written a book on buy & hold bitcoin (or any asset). It is more sort of mind set than a strategy. Usually the rich are not players on the markets but they just buy and hold. I buy appartments and rent them out and I have no strategy to sell them (of course if some of my tenants want to buy the appartment and ask the "buy now price" I will give it to them but immediately we finalize the deal I will look for another appartment for renting purposes). By this way I have always money - the rents keep running despite I sleep. :-) And some of the money I spend on buying bitcoins & silver & gold without any plan to sell. Rpietila in bitcointalk (who is also the mysterious multimillionaire Monero supporter building up Monero fund) have launched SSS plan (Simple and Sane Selling plan). To put it in a few words it goes like this: You build your position, let's say 100 btc. Each time bitcoin goes ATH*2 you sell 10 % of your coins and never buy back (in this example: when price hits 2500 usd, you sell 10 btc and you are left with 90 btc, when it rises to 5000 usd/btc you sell 9 btc and you are left with 81 btc etc). The advantage of this strategy is that you never go all out of bitcoins but you benefit from the pumps by releasing some of your coins to the new comers who are thirsty to get some.
BitcoinMeister (2 years ago)
@veriappelsiini Thanks for elaborating on that.
veriappelsiini (2 years ago)
Actually it works with 10 btc as well. You sell 10 % with every time the previous ATH*2 is reached. If you want to delay your gratification, you can make another version of that: You start implementing the SSS plan every from 10 K usd onwards for instance. Then obviously from every rake out you get more money with the same amount of coins. Selling bitcoins is good for the community because it makes a lot of small owners of bitcoin who have their next selling target higher and higher (it doesn't make any sense to sell coins for merely 1000-2000 usd worth IMO - very least you need to get 10 K usd per sale).
BitcoinMeister (2 years ago)
That technique you talk about at the end is a very interesting one. You probably need to be pretty well off already to implement it.
Prepared Wombat (2 years ago)
In 2020' do you plan to exit before or after the next halving? 🤔
BitcoinMeister (2 years ago)
I am not exiting. I will keep the majority of my BTC through the halving. I have just set a personal hold date for until after the halving (others may wait until 1/1/2020) before I consider making a move with a big chunk of my BTC (but not the majority of it). By then one will be able to use BTC for many more every day transactions so that may be something I am taking part in by then also. I may need a car for example.
Scott Gable (2 years ago)
Subbed brother. Love your channel. I'm totally with you on the "buy and hold" strategy. I'm "dollar cost averaging," buying Bitcoin every other Friday with an auto-purchase the day my paycheck hits the bank. It's a beautiful thing watching it steadily grow. Keep up the good work AdamMeister!!
BitcoinMeister (2 years ago)
Thanks so much! Good luck to you! A slow and steady buy strategy should work out nicely in the long run.
Gergis G (2 years ago)
Oh yeah you Butchered my name ...lol JK if you want to pronounce it right , the same way you would pronounce George with the G just do the same with Gergis :))
BitcoinMeister (2 years ago)
I thought I did :) My Baltimore accent does not help the situation. So it is Jor Jis? Or Jer Jis?
Gergis G (2 years ago)
Thanks for the shout out ...lol Appreciate it :)) The reason why you dont hear about Buy and Hold Bitcoin is its not Sexy, its not fast, its not exciting...Yup that's it ...
J-rocksMOTO (2 years ago)
It is confusing what to do with it because you are able to do so much with it ,compared to a stock or a pice of gold. Every person is in a different financial situation. I may have to sell some of my btc later on but I will hold on to most of it
BitcoinMeister (2 years ago)
That is a very good point. People need to stay firm though despite all the possibilities that Bitcoin gives a person.
VentionMGTOW (2 years ago)
Yep, that's been my strategy since early 2014. I lost my ass on those first few bitcoins and I'm still under water on them but pretty much everything after February I'm showing a positive balance on. I bought my first bitcoin for about 900 dollars though. It was a real downer watching the price constantly drop over 2014, as I continued buying them every month. It was hard to take but I kept at it. Now I'm glad I did. That said I'm not 100% bitcoin. I'm also into good old fashioned clinking metallic silver.
Scott Gable (2 years ago)
+Vention1MGTOW Strategy! 10-4 my man.
VentionMGTOW (2 years ago)
@Scott Gable *>I have silver, gold, platinum, and bitcoins galore. Lovin' every minute of it brother!!!* Thanks brother! I gotta say though, I'm much more in favor of silver than gold when we're headed into a recession like this. Silver is a lit more volatile than gold and you get a better upside when metals are going up (as a general rule). For example during the 2008 recession the gold I held went up about 70% but at the same time the silver I held went up about 260%. Then as the economy moved into the recovery stage they both lost about the same amounts. I stayed in silver due to the security in case of utter disaster but during that time it went from 48 to about 15 dollars an ounce! It even dipped to 13 briefly. During this next recession, when silver peaks I plan to liquidate all my silver (payoff what's left on the house mortgage) and flip the remaining 40 or 50% into gold. That way I stay in the security of precious metals yet the dramatic downside of silver is moderated a bit. Cheers brother!
Scott Gable (2 years ago)
+Vention1MGTOW You are totally on point with this advice Vention. Been following you for a few years now and you haven't steered me wrong yet. I have silver, gold, platinum, and bitcoins galore. Lovin' every minute of it brother!!!
Azuk (2 years ago)
yeah that is true.. this will be the first economic downtrend I will be able to take part in so im excited to try some things and see if I cant get myself a good downpayment :D
VentionMGTOW (2 years ago)
@Dogness *>traded most of it away bought a lot of bitcoin with it and after seeing all this crap in the news lately im almost considering buying it back again* You should do fine with either silver or bitcoin or both. My own goal was to keep a 50/50 silver bitcoin portfolio as we drop into this next recession. The silver moderates the wild swings of bitcoin but they should both be in an uptrend for the next few years. This isn't a game that's played over a period of months, it takes several years for the cycle to reach a bottom or a top. LOL. I had a 50/50 mix of bitcoin and silver during 2015 but with the gains bitcoin has made my silver has been left far in the dust. I expect to make much greater profit from bitcoin of course but I won't give up my silver. Having all your eggs in one basket is a bad idea.
Uncle Mic (2 years ago)
You know, I've never really thought about that. But you are right.
Don* Oc* (2 years ago)
If we all sell together in 2020, the price will go down the toilet!
BitcoinMeister (2 years ago)
In theory if EVERYONE did this then yes you are correct. VERY few people will take my advice so this will not happen.

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