Anyone else think "long term" hodlers are idiots? - page 10.

Bitcoinsummoner

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Quote from: Wilhelm on February 06, 2019, 04:08:51 AM

I agree that I am an idiot. Hopefully someday a rich idiot Wink

If long term investors are idiot then I am also an idiot as I am a long term investor. I will only sell once it reach on my dream price. Until the price reach on my dream price I will hold in any cost.

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Quote from: dogtana on February 07, 2019, 02:36:29 PM

Holders may be idiots in the current average mindset of the crypto crowd, but it was traders that crashed the market.

And it was traders that provided the huge run-up.

thecodebear

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hmmm long term holders in an exponentially booming market are....idiots??

Maybe OP is confusing the words rich and idiot.

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Holders may be idiots in the current average mindset of the crypto crowd, but it was traders that crashed the market.

Wilhelm

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I agree that I am an idiot. Hopefully someday a rich idiot Wink

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Quote from: TravelMug on February 06, 2019, 12:26:05 AM

Quote from: freedomgo on January 31, 2019, 09:32:11 PM

We have different opinion about long term holding, well, for me, I hold long term and I'm not idiot.
I don't really care if people are saying that we, long term are idiot because we are not here for each other, we are here for the money.
So, regardless of our strategy, it does not matter anymore, what matters is the result, which is profit.

To each it's own.

We can also call those speculators who keeps shorting bitcoin in the last six months or so. Why keep shorting it when you can just buy in dip and hold for a long time?

So everyone has its own strategy whether we are in a bear or bull market. So we can't generalized investors just because they are long term holder or just shorting and taking small profits.

I wholeheartedly disagree with this view

And as much agree with the poster you replied to. It is the end result which matters, and here the end result for the total majority of us is hands down profit. You can be long, you can be short, but your goal is earning profits. not suffering losses any way you look at it. Indeed, there are different strategies and different approaches as to how we get there based on our understanding of the market (as well as misunderstanding, for that matter) but each of us wants profits in the end, not losses

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Quote from: freedomgo on January 31, 2019, 09:32:11 PM

Quote from: romero121 on January 31, 2019, 04:33:53 AM

Quote from: OrangeII on January 30, 2019, 01:53:23 AM

Quote from: Bitcoinsummoner on January 29, 2019, 01:08:16 PM

Long terms holders are not idiot hnce they are asset of the crypto and also money maker. If there was no long term holder than crypto loss their place within a day or two. But that is not happening. Now a days long term holder decreasing that's why price decreasing too. Price can only move if there is long term holder and new investors enters into it.

I agree with you. if there are people who feel that the coin detainees are stupid people, then in 2016 - 2017, they are geniuses. well, we can't draw conclusions when prices have gone down, and say they are geniuses when prices rise. however, I always respect someone's decision, whether it's holding a coin in the long run or not, because we don't know what they are planning.

Agreed, Everyone will be having their own prediction and the plans to be executed with the support of the cryptocurrencies bullish market. Expecting such thing people go with long term as well short term holding unlike the price. In this regard one should not term a long term holder an idiot. If you consider the richest through bitcoin, majority of them were long term hodlers.

We have different opinion about long term holding, well, for me, I hold long term and I'm not idiot.
I don't really care if people are saying that we, long term are idiot because we are not here for each other, we are here for the money.
So, regardless of our strategy, it does not matter anymore, what matters is the result, which is profit.

To each his own.

We can also call those speculators who keeps shorting bitcoin in the last six months or so. Why keep shorting it when you can just buy in dip and hold for a long time?

So everyone has its own strategy whether we are in a bear or bull market. So we can't generalized investors just because they are long term holder or just shorting and taking small profits.

Bitcoinsummoner

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Quote from: iMark on February 05, 2019, 12:56:30 AM

Quote from: OrangeII on January 30, 2019, 01:53:23 AM

Quote from: Bitcoinsummoner on January 29, 2019, 01:08:16 PM

Long terms holders are not idiot hnce they are asset of the crypto and also money maker. If there was no long term holder than crypto loss their place within a day or two. But that is not happening. Now a days long term holder decreasing that's why price decreasing too. Price can only move if there is long term holder and new investors enters into it.

I agree with you. if there are people who feel that the coin detainees are stupid people, then in 2016 - 2017, they are geniuses. well, we can't draw conclusions when prices have gone down, and say they are geniuses when prices rise. however, I always respect someone's decision, whether it's holding a coin in the long run or not, because we don't know what they are planning.

back again that everyone has their own plans. not all users like you, by doing cutlose when prices fall and wait for another opportunity to buy at a lower price, many people are successful and rich because they are holding back from 2012 to 2017? they experience many thing like up and down price before, but in the end they made a profit. holders are not idiots, they have their own calculations

Yes, in the long run on long term investors are getting benefit and will get benefit for investing time and money. And they cant be considered as an idiot.

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Quote from: OrangeII on January 30, 2019, 01:53:23 AM

Quote from: Bitcoinsummoner on January 29, 2019, 01:08:16 PM

Long terms holders are not idiot hnce they are asset of the crypto and also money maker. If there was no long term holder than crypto loss their place within a day or two. But that is not happening. Now a days long term holder decreasing that's why price decreasing too. Price can only move if there is long term holder and new investors enters into it.

I agree with you. if there are people who feel that the coin detainees are stupid people, then in 2016 - 2017, they are geniuses. well, we can't draw conclusions when prices have gone down, and say they are geniuses when prices rise. however, I always respect someone's decision, whether it's holding a coin in the long run or not, because we don't know what they are planning.

back again that everyone has their own plans. not all users like you, by doing cutlose when prices fall and wait for another opportunity to buy at a lower price, many people are successful and rich because they are holding back from 2012 to 2017? they experience many thing like up and down price before, but in the end they made a profit. holders are not idiots, they have their own calculations

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Quote from: Argoo on January 30, 2019, 12:58:43 AM

The bulk of cryptocurrency holders can earn in the cryptocurrency market only by long-term retention of their coins and tokens. Of course, the most profitable, but also the most risky trade in cryptocurrency. However, not everyone has the opportunity and desire to engage in trade. In this situation, the most correct solution would be to periodically trade in moments of big rises and price drops in the market. Therefore, you should not call those who hold their cryptocurrency for a long time as idiots. This is also a way to make a profit, but not the best.

For the price drops long term investor might be loser but do you think the loss will remain too long. I think once price drop they might be losser but the price will increase and then they will be profitable. And that's why they invest for long time. Okay lets say about short term trader or day trader. Thy might buy and after few minutes its drops then they will be more losers than the long term investors.

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Quote from: freedomgo on January 31, 2019, 09:32:11 PM

Quote from: romero121 on January 31, 2019, 04:33:53 AM

Quote from: OrangeII on January 30, 2019, 01:53:23 AM

Quote from: Bitcoinsummoner on January 29, 2019, 01:08:16 PM

Long terms holders are not idiot hnce they are asset of the crypto and also money maker. If there was no long term holder than crypto loss their place within a day or two. But that is not happening. Now a days long term holder decreasing that's why price decreasing too. Price can only move if there is long term holder and new investors enters into it.

I agree with you. if there are people who feel that the coin detainees are stupid people, then in 2016 - 2017, they are geniuses. well, we can't draw conclusions when prices have gone down, and say they are geniuses when prices rise. however, I always respect someone's decision, whether it's holding a coin in the long run or not, because we don't know what they are planning.

Agreed, Everyone will be having their own prediction and the plans to be executed with the support of the cryptocurrencies bullish market. Expecting such thing people go with long term as well short term holding unlike the price. In this regard one should not term a long term holder an idiot. If you consider the richest through bitcoin, majority of them were long term hodlers.

We have different opinion about long term holding, well, for me, I hold long term and I'm not idiot.
I don't really care if people are saying that we, long term are idiot because we are not here for each other, we are here for the money.
So, regardless of our strategy, it does not matter anymore, what matters is the result, which is profit.

I agree, does it really matter how you got your profits? I do not care if I get profits holding long term or trading as long as I have more money in my bitcoin wallet I am happy, so if a person realizes he is not good at trading and holds and gets profit that way then he is taking the right decision, after all it is not like trading is easy and only gives profits.

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Quote from: romero121 on January 31, 2019, 04:33:53 AM

Quote from: OrangeII on January 30, 2019, 01:53:23 AM

Quote from: Bitcoinsummoner on January 29, 2019, 01:08:16 PM

Long terms holders are not idiot hnce they are asset of the crypto and also money maker. If there was no long term holder than crypto loss their place within a day or two. But that is not happening. Now a days long term holder decreasing that's why price decreasing too. Price can only move if there is long term holder and new investors enters into it.

I agree with you. if there are people who feel that the coin detainees are stupid people, then in 2016 - 2017, they are geniuses. well, we can't draw conclusions when prices have gone down, and say they are geniuses when prices rise. however, I always respect someone's decision, whether it's holding a coin in the long run or not, because we don't know what they are planning.

Agreed, Everyone will be having their own prediction and the plans to be executed with the support of the cryptocurrencies bullish market. Expecting such thing people go with long term as well short term holding unlike the price. In this regard one should not term a long term holder an idiot. If you consider the richest through bitcoin, majority of them were long term hodlers.

We have different opinion about long term holding, well, for me, I hold long term and I'm not idiot.
I don't really care if people are saying that we, long term are idiot because we are not here for each other, we are here for the money.
So, regardless of our strategy, it does not matter anymore, what matters is the result, which is profit.

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Quote from: OrangeII on January 30, 2019, 01:53:23 AM

Quote from: Bitcoinsummoner on January 29, 2019, 01:08:16 PM

Long terms holders are not idiot hnce they are asset of the crypto and also money maker. If there was no long term holder than crypto loss their place within a day or two. But that is not happening. Now a days long term holder decreasing that's why price decreasing too. Price can only move if there is long term holder and new investors enters into it.

I agree with you. if there are people who feel that the coin detainees are stupid people, then in 2016 - 2017, they are geniuses. well, we can't draw conclusions when prices have gone down, and say they are geniuses when prices rise. however, I always respect someone's decision, whether it's holding a coin in the long run or not, because we don't know what they are planning.

Agreed, Everyone will be having their own prediction and the plans to be executed with the support of the cryptocurrencies bullish market. Expecting such thing people go with long term as well short term holding unlike the price. In this regard one should not term a long term holder an idiot. If you consider the richest through bitcoin, majority of them were long term hodlers.

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Quote from: Bitcoinsummoner on January 29, 2019, 01:08:16 PM

Long terms holders are not idiot hnce they are asset of the crypto and also money maker. If there was no long term holder than crypto loss their place within a day or two. But that is not happening. Now a days long term holder decreasing that's why price decreasing too. Price can only move if there is long term holder and new investors enters into it.

I agree with you. if there are people who feel that the coin detainees are stupid people, then in 2016 - 2017, they are geniuses. well, we can't draw conclusions when prices have gone down, and say they are geniuses when prices rise. however, I always respect someone's decision, whether it's holding a coin in the long run or not, because we don't know what they are planning.

Argoo

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The bulk of cryptocurrency holders can earn in the cryptocurrency market only by long-term retention of their coins and tokens. Of course, the most profitable, but also the most risky trade in cryptocurrency. However, not everyone has the opportunity and desire to engage in trade. In this situation, the most correct solution would be to periodically trade in moments of big rises and price drops in the market. Therefore, you should not call those who hold their cryptocurrency for a long time as idiots. This is also a way to make a profit, but not the best.

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Quote from: Wilhelm on January 18, 2019, 08:12:33 AM

Bought araound $80 and it's currently $3600 so yes I'm an idiot Tongue

But true that selling at $19k would have been better...
Then again having a cold wallet is the safest place for very long term instead of trusting exchanges like MtGOX and BTCe

Christ I need to stop running across comments like yours, makes me grit my teeth so hard haha. I started earning (yeah, I never bought actually, but I suppose earning directly saves me the trouble of buying) around the region just below $1k, but only properly got paid once it had well breached 2k. So yeah, I am still in profit for every satoshi I held since early to mid-2017, but then, almost every coin I'd earned since then for the next 18 months or so is worth less today.

So yeah, I feel like an idiot and can agree I should have probably sold a bit of it at 19k, but then there's the beauty of hindsight and the value of experience.

See you at 190k eh? Wink

Bitcoinsummoner

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Long terms holders are not idiot hnce they are asset of the crypto and also money maker. If there was no long term holder than crypto loss their place within a day or two. But that is not happening. Now a days long term holder decreasing that's why price decreasing too. Price can only move if there is long term holder and new investors enters into it.

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Quote from: kateycoin on January 26, 2019, 04:55:06 PM

I think hodler for long term is not idiot they know what they doing that's why they hodl what they have because they believe to that coin and I think they know that it will be a good future to that coin that's they hodl it. It's not bad to choose a long term because it will give you more profit that ti daily basis.

You have to understand it, every investor has a different perspective, you don't equate investors one and the other. I guess the OP has suffered a loss when choosing investments for the long term, it cannot be continuously pursued by bearish market so as it gives up and makes this thread (this is just my bad prejudice) I do not deny that many new investors out there continue to hope for price recover. They experience deep losses when investing here, even though it is a risk that must be faced.

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Quote from: gabmen on January 21, 2019, 08:31:20 AM

Well everyone who's heard of mt.gox should find it necessary to have cold wallets if they're planning on long term. And however said hodlers are for idiots are probably just trolling or have lost a lot of money holding the wrong coin at the wrong time. If you ask me, it's the safest method of dealing in this market.

The people who are complaining about hoarding are the ones who missed out in the beginning, there is nothing that can be done for sour people who keeps on complaining like that. Cheesy

I am not holding that much coins now a days but i had the opportunity to get in when the price was really low and made a good profit when the market boomed, now i am collecting coins and waiting for the long term for yet another rally and make some cool profit.
Wink

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I think choosing longterm investment or hodling is not idiot because it's the best way to make a good profit. Much better to know about longterm instead say that people are idiot who hodl for longterm.

Topic: Anyone else think "long term" hodlers are idiots? - page 10. (Read 27275 times)