All of you Bitcoin Hodlers are mentally ill - *Must Read!

Edraket31

hero member

Activity: 1190

Merit: 511

Quote from: Maotezi on December 25, 2019, 02:50:44 PM

Bitcoin holders are very promising people who plan for the future and hopefully, I know that from my experience.
If you are planning to scare or hurt someone on this topic because it is not possible. They would not be in the position if they listened to other people, and they would never make anything out of their lives if someone told them what to do.
Such people are special and lively enough, very resourceful and born to succeed.

Agree, those who are holding Bitcoin did some research before they'll finally taking risk of holding Bitcoin, so we don't need to judge them instead let's see what they have seen in Bitcoin that they are risking their money, we do have different strategies to earn and if this is what they think can help them then why not just support them.

Maotezi

member

Activity: 252

Merit: 40

Bitcoin holders are very promising people who plan for the future and hopefully, I know that from my experience.
If you are planning to scare or hurt someone on this topic because it is not possible. They would not be in the position if they listened to other people, and they would never make anything out of their lives if someone told them what to do.
Such people are special and lively enough, very resourceful and born to succeed.

ViceOfBTC21

sr. member

Activity: 438

Merit: 266

To each their own. Sure, Bitcoin is pretty risky, but it doesn't mean you should post here if you are anti-Bitcoin.

Let me quote from Bitcoin Wiki:

Quote

In a Ponzi Scheme, the founders persuade investors that they’ll profit. Bitcoin does not make such a guarantee. There is no central entity, just individuals building an economy.

A Ponzi scheme is a zero sum game. In a Ponzi scheme, early adopters can only profit at the expense of late adopters, and the late adopters always lose. Bitcoin can have a win-win outcome. Earlier adopters profit from the rise in value as Bitcoin becomes better understood and in turn demanded by the public at large. All adopters benefit from the usefulness of a reliable and widely-accepted decentralized peer-to-peer currency.[4]

It is also important to note that Satoshi Nakamoto, creator of bitcoin, has never spent a bitcoin (other than giving them away when they were worthless) which we can verify by checking the blockchain.

First of all, everyone chooses if they want to take such risk or not. In investing, there are more risky and less risky approaches, which refer to higher potential profit and lower potential profit.

Anyway, take care and remember that you always should be debt-free.

Meowth05

sr. member

Activity: 854

Merit: 267

★777Coin.com★ Fun BTC Casino!

Quote from: julius caesar on December 25, 2019, 08:58:38 AM

Some of the other people really relies all of their money in the market trend of the bitcoin. They have invested all of their money there that is why they become so paranoid when the price of it drops. Little did they know that volatility is the main characteristic of bitcoin and they must accept it. The good thing is that bitcoin price recover so fast so do not lose hope everyone.

Exactly, besides you don't need to place all of your funds in Bitcoin that is why they always said you should invest only the amount you can afford to lose. Way back 2009 Bitcoin was almost priceless in fact I think 10,000 is just worthy of a pizza, what am I pointing out is that you never knew the market and even the Bitcoin is unpredictable you can either gain profit or loss it, you take the risk. I take the risk of Holding simply because I've seen what are the capabilities of Bitcoin besides, because of this technology I manage to earn profit while I have no job way back then.

julius caesar

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★Bitvest.io★ Play Plinko or Invest!

Some of the other people really relies all of their money in the market trend of the bitcoin. They have invested all of their money there that is why they become so paranoid when the price of it drops. Little did they know that volatility is the main characteristic of bitcoin and they must accept it. The good thing is that bitcoin price recover so fast so do not lose hope everyone.

Murat

hero member

Activity: 2156

Merit: 711

Telegram @tokensfund

Yeah, It's true that our expectation is too high to get rich with this scheme, I don't have much imagination from this platform because I have seen a lot of ups and downs of this system so far, I think Bitcoin is not a general thing that it will come easily to us, within this blockchain system, I think Bitcoin is the one which could have a strong platform in comparison to another coin, But I haven't found any negative thing of holding Bitcoin for the future purpose, I think when you see a low price then you should buy Bitcoin because of the short term investment. when the price will get high then you may sell your Bitcoin, So you may collect a handsome amount of money within a given time.

Dabs

legendary

Activity: 3416

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The Concierge of Crypto

As some smart people have said in the past:

There's a fine line between genius and insanity. I have erased this line. The difference between insanity and genius is measured only by success and failure.

10 years is too soon to say anything about an internet based currency, although plenty have been said already, as the value of such has increased since it started.

It is likely to keep increasing into the future, for at least another 10 years.

barabarian1

sr. member

Activity: 938

Merit: 250

Quote from: Charles Norwood on November 19, 2019, 04:06:15 AM

This entire bitcoin space breeds greed, envy, fear, and lust. All you of hodling bitcoin are mentally ill. You have been conned into thinking bitcoin is going to the moon. It's not. Charts show bitcoin is slowly bleeding to death. Bitcoin is no different than Bernie Madoff's Ponzi scheme where new bag holders are needed to pay off the earlier investors.

Mass adoption of bitcoin will never occur. Sorry! The price is far too unstable to be used as a form of payment. Businesses would get crushed if they took bitcoin as a payment due to the wild price fluctuations. Then you have to worry about the IRS on your ass to pay taxes. Is hodling worth the stress? Absolutely not. That's why women laugh at bitcoin and think it's a scam. Notice the crypto space is all dudes?

Say what you will about the US dollar, but it's still backed by a democracy and the most powerful military in human history. Accepted everywhere. Bitcoin is backed by absolutely nothing. Gold is backed by 5000 years of history of holding value, and is recognized worldwide. Women love gold. It's beautiful and tangible. A real asset worth owning.

I'm sorry, but you HODL'ers are mentally ill and are going to get crushed when bitcoin collapses in the coming recession. Bitcoin is going to get dumped fast as people need money to pay bills and survive. If you bought bitcoin early and already cashed out with gains, you are a wise investor and have my respect. If you're still hodling, your finances and reputation are on the line here. A reputation with your friends and family you can never get back. Don't risk it. Dump your bitcoin now before it wipes you out!

everyone has a different opinion about bitcoin, some reject and some accept. but you shouldn't say rude that bitcoin holders mentally ill are very rude.
if you don't believe in bitcoin it's your right but don't insult those who believe in bitcoin. many people can achieve financial freedom because of bitcoin investment. although bitcoin doesn't have strong support like usd but it doesn't mean bitcoin is weak. bitcoin has survived for 10 years and currently also has a good development every year more and more governments and companies are accepting bitcoin. so I'm sure even though the current value of bitcoin is going down in the future bitcoin will pump again.

Bitstarzisascam

jr. member

Activity: 62

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I completely agree with what the OP said, I been there done that since bitcoin was at few hundred bucks, seen what I had to see and I'm out.

Everyone has their own opinions but always stick to your opinion if that what makes you feel better.

p.s, bitcoin helped me alot moving funds from country to country but that's not the case, I'm not gonna feed a whale Private jet trips because I put in 20k investment or even a million dollar investment

Thanks.

bdivrik

sr. member

Activity: 812

Merit: 262

You can't do hodl forever. Hold does not consistently win. You need to make a plan. Sales are needed when the right time comes. If you do not sell at the right time, there will be very bad results. Hold has no meaning.

ubercool

hero member

Activity: 1078

Merit: 504

I got news for you mate, you're not the first one to sh*t talk about Bitcoin here and you'll definitely not be the last. Those who are not holding Bitcoin are always the one whose talking like this all the time. If you don't like it then don't be here.

nreal

full member

Activity: 932

Merit: 100

arcs-chain.com

It sounds like you are one of those people who hate bitcoin, I will not judge you because everyone has a unique perspective on bitcoin. There have been a lot of people who don't support bitcoin but according to them have changed.
As for the USD, regrettably the right to print money is in the hands of the Fed, this is a private organization and is not managed by the US government. So where is democracy?

Dabs

legendary

Activity: 3416

Merit: 1912

The Concierge of Crypto

It's still too soon to say any of these. Just a few years ago, it was below $200. Now it's at least above $7000. Even if it goes down to $5000 or $4000, that's still much better than a couple years ago. Understandably, people want it to go back to ATH or beyond.

cryp24x

sr. member

Activity: 1190

Merit: 253

We are Bitcoin enthusiast but we are not hurt if you wanted to hurt us. But I guess, you need to understand how Bitcoin works and Bitcoin hodling is common and we just need to encourage the Crypto people to circulate or spend their Bitcoins so that Bitcoin will be healthy and active. It is also the same as fiat sometimes when in terms of money circulation.

Savemore

sr. member

Activity: 952

Merit: 274

Quote from: cutesgirl on December 19, 2019, 08:55:38 AM

Holder mentally have been strong because many investor not ready when bitcoin have lower price, they will frustrated when looking bitcoin have lower price because buy bitcoin with higher price, just few people and investor have ready for investing with bitcoin or altcoin and ready faced with moment when bitcoin have lower price because every investing have risk.

When the price of the bitcoin is still not reached thousand dollar per each, I can say that holding is good. Today there are many hodlers who still have enough patience even though they lose a lot of money from bitcoin. I know it is hard to let go into something that you have high hope. Hodlers should have limitation and they should be aware on cut loss for them to minimize their losses.

imutlinda

sr. member

Activity: 926

Merit: 256

Quote from: cutesgirl on December 19, 2019, 08:55:38 AM

Holder mentally have been strong because many investor not ready when bitcoin have lower price, they will frustrated when looking bitcoin have lower price because buy bitcoin with higher price, just few people and investor have ready for investing with bitcoin or altcoin and ready faced with moment when bitcoin have lower price because every investing have risk.

mentality is indeed important when making an investment, because when we do not have a good mental state, there can be losses when investing. because in investment, especially crypto which has an unstable price, definitely requires a stronger mental than investing in other fields

cutesgirl

sr. member

Activity: 938

Merit: 251

Holder mentally have been strong because many investor not ready when bitcoin have lower price, they will frustrated when looking bitcoin have lower price because buy bitcoin with higher price, just few people and investor have ready for investing with bitcoin or altcoin and ready faced with moment when bitcoin have lower price because every investing have risk.

Edraket31

hero member

Activity: 1190

Merit: 511

Quote from: Charles Norwood on December 17, 2019, 03:00:06 PM

Bitcoin is in terminal decline. Sorry to tell you this.

You are entitled for your own opinion, but better to share some info here to help us understand your insights, don't just create FUD and tell people that Bitcoin will die, because they already know what they are doing and as we can see that the number of users still continuously increasing, so I doubt that you are telling the truth, but you are just here to manipulate weak hands.

Charles Norwood

newbie

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Bitcoin is in terminal decline. Sorry to tell you this.

Savemore

sr. member

Activity: 952

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Identify what kind of hodler are you? Are you the one who hold bitcoin in a long time and you will keep holding it if the market crashed? Or are you the type of the hodler who I can say that a trend follower where you will only hold bitcoin if the market is bull. A trend follower is a type of hodler that we should do because the chance of winning is high. As my personal experiece, I lose money in holding due to the bearish market and it is now not good to hold bitcoin if the market is in downtrend.

Topic: All of you Bitcoin Hodlers are mentally ill - *Must Read! (Read 1429 times)