Dossier
hodl strategy
Coverage of hodl strategy in the Nexus archive.
- Crypto trader applies legendary HODL strategy to EUR/USD forex bet
A crypto trader is applying the HODL strategy, traditionally used in cryptocurrency markets, to a EUR/USD forex bet. The strategy involves holding the position regardless of short-term market movements.
- Does it make sense to sell everything and buy back immediately to simplify cost basis since they are no wash sales with cryptocurrencies.
The user is considering selling all cryptocurrency holdings to reset cost basis tracking, aiming to simplify and adopt a hodl strategy. They previously used Koinly for tracking and want to offset past losses with future gains.