Archive: buy and hold
The Investor’s Guide to Making Money in Crypto
By Adam Sharp on January 28, 2022
I talked with an old friend this week. After we caught up, he asked, “You still doing that crypto stuff?” He wanted advice on various coins, trading and people to follow. So I told him what I know. Here are the key points. Don’t Trade Just don’t trade crypto. Instead, buy and hold coins long term. Trading fees eat into your potential profits constantly. And most people time trades poorly. And if…
Why You Should Avoid Crypto Trading
By Adam Sharp on October 8, 2021
Almost everyone I know in the crypto community considers themselves a “trader.” Not an investor, a trader. They try to time the market, often using leverage. A lot of people assume that trading is the path to riches.
Patience Pays in Startup Investing
By Adam Sharp on February 9, 2021
I recently had my first startup investment go public. But don’t get too excited yet. The company, Plurilock Security, just listed on the Toronto Venture Exchange at quite a tiny valuation — around $15 million. I took the opportunity to add to my position. I really…
GameStop Losses: Right Strategy, Wrong Asset
By Adam Sharp on February 5, 2021
A lot of people lost a lot of money in GameStop this week. I feel for them — especially since I have been there myself. As I write this, GameStop is trading at around $66, down from a high of more than $450…
Long-Term Investing: Stable Returns, Fewer Risks
By Adam Sharp on January 8, 2021
“The single greatest edge an investor can have is a long-term orientation.” -Jesse Livermore I’ve been investing for 20 years now. The first few years were painful ones spent learning lessons the hard way. I tried day trading and picking…
Bitcoin: This Bull Run Is Going to be Epic
By Adam Sharp on November 20, 2020
The crypto bull market is heating up. Bitcoin is leading the way — it reached more than $18,000 this week. That’s approaching the all-time high of nearly $20,000. The last time bitcoin was near this price was December of 2017. Bitcoin’s price had risen from $434…
Don’t Fall for Day Trading
By Adam Sharp on June 19, 2020
Day trading is back in a big way. Robinhood, the original free stock trading app, has seen a huge influx of users this year. And I have a strong feeling most of them are new to investing. From Barrons:…
Crypto Update: Bitcoin Halving Edition
By Adam Sharp on May 11, 2020
The big day is finally here. Today marks the third bitcoin “halving” event. Halvings happen roughly every four years and reduce the amount of new bitcoin created by half. As many of you know, bitcoin is slowly “mined” over time by specialized computers that solve complex math equations. A new…
Trading Too Much Hurts Returns
By Adam Sharp on January 3, 2020
Data shows investors who trade too much underperform their “buy-and-hold” peers.
Crypto Monitor: IRS Reminds Us Of Broken Crypto Tax Policy
By Early Investing on August 2, 2019
Summary The markets have experienced a slight pullback this week. But Adam Sharp isn’t worried about it. He explains why the Crypto Assets Strategies buy and hold strategy hasn’t changed. And he shares what he looks for in alt-coins as bitcoin continues to…
Understanding Crypto Market Psychology and Buying Low
By Adam Sharp on August 17, 2018
Riding out a market that's trending down is hard. But there's good news on the way for people who hodl.