People who invested a few years ago earned a lot of money. Holding for a long term gives you big profits. And for how long someone invests depends on the investment strategy.
Topic: Anyone else think "long term" hodlers are idiots? - page 14. (Read 27268 times)
Including myself, of course.. I am not looking to sell, in fact, everytime that i cashout my monthly wage, i am investing aproximately 30% of that in Bitcoin and in order altcoins. I really believe on it.
No I'm not , i really think that those who do that are smart becouse if you hold youre Bitcoin for 2 months maybe after that time Bitcoin could rice up a lot and you can make a really nice profit, don't you think ? You just stay at home and watch tv , or maybe do something else , but after three months you will make a few thousand $ or 1 thousand, but its still ok . There are some people who are holding for a few years , well I also think that they are making some nice profit . So no , I don't think that those who are holding for long term are idiots .
People who invested a few years ago earned a lot of money. Holding for a long term gives you big profits. And for how long someone invests depends on the investment strategy.
Lots of arrogance in your post , long term hodlers of bitcoin or pretty much every top 10 altcoin made big gains without doing anything .
To dumb to daytrade is also a assumption , some people have a life outside of crypto and can't afford to spend all their time looking at charts and ta's or don't want to because it is boring af.
But good luck with your trading bro , if you are as good as you think try trading stocks you will see how good you are.
To dumb to daytrade is also a assumption , some people have a life outside of crypto and can't afford to spend all their time looking at charts and ta's or don't want to because it is boring af.
But good luck with your trading bro , if you are as good as you think try trading stocks you will see how good you are.
Long term people made crazy money last year. We can't say long term holding is representing stupidity. This is how one person can be a smart guy actually. It's a good thing to adopt a project, token or coin.
Lots of arrogance in your post , long term hodlers of bitcoin or pretty much every top 10 altcoin made big gains without doing anything .
To dumb to daytrade is also a assumption , some people have a life outside of crypto and can't afford to spend all their time looking at charts and ta's or don't want to because it is boring af.
But good luck with your trading bro , if you are as good as you think try trading stocks you will see how good you are.
To dumb to daytrade is also a assumption , some people have a life outside of crypto and can't afford to spend all their time looking at charts and ta's or don't want to because it is boring af.
But good luck with your trading bro , if you are as good as you think try trading stocks you will see how good you are.
I do think they are idiots. BTC failed as a payment system, LN is a joke, it's highly unlikely BTC will survive, that's why SMART people like Warren Buffet say they'd buy 5 year put options on BTC because it's highly unlikely BTC will survive 5 year.
Some say "yeah but it functions as storage for value, just like gold", that's also just a dumb argument, once people will admit BTC failed as payment system they'll start fleeing out of it as well. I just don't see ANY logical case to make for BTC. So yeah, I think they're idiots.
Judging by the above, the next five years should not be expected from Bitcoin great prospects? Is it realistic? If you pay attention to many of the hears that experts said, then Bitcoin already in this he must fly to the skies. Some say "yeah but it functions as storage for value, just like gold", that's also just a dumb argument, once people will admit BTC failed as payment system they'll start fleeing out of it as well. I just don't see ANY logical case to make for BTC. So yeah, I think they're idiots.
BTC is far away from being a failed experiment.
Even the "North American Bitcoin Conference" in Miami didn't accept bitcoin anymore because of the high cost! How's that not a failed experiment ? Among top 500 online retailers BTC acceptance went down from 5 in 2016 to 3 in 2017. A huge experiment in the city of Arnhem in the Netherlands, where over 100 retailers accepted BTC, was stopped because bitcoin payments were too expensive and nodoby cared for it anyway and there are tons of more examples. It's scaling down big time because it has failed. It's too expensive and too slow.And hodlers believe in Bitcoin because they did as much research as possible
Most hodlers know pretty much 0 about LN or how it works. All they know is 'instant payment' and 'very low fees'. They don't know about the horrible details.
I do think they are idiots. BTC failed as a payment system, LN is a joke, it's highly unlikely BTC will survive, that's why SMART people like Warren Buffet say they'd buy 5 year put options on BTC because it's highly unlikely BTC will survive 5 year.
Some say "yeah but it functions as storage for value, just like gold", that's also just a dumb argument, once people will admit BTC failed as payment system they'll start fleeing out of it as well. I just don't see ANY logical case to make for BTC. So yeah, I think they're idiots.
Some say "yeah but it functions as storage for value, just like gold", that's also just a dumb argument, once people will admit BTC failed as payment system they'll start fleeing out of it as well. I just don't see ANY logical case to make for BTC. So yeah, I think they're idiots.
Not sure if you're serious or not.
BTC is far away from being a failed experiment. And LN will prove you soooo wrong!
Furthermore BTC already exists since 9 years and gets attacked on a daily basis what makes it more and more resilient on a daily basis. The next 5 years will be a no brainer.
And hodlers believe in Bitcoin because they did as much research as possible and are convinced of its' potential and therefore decided it's worth a long term investment.Nothing wrong about that.
Guys who bought the top in 2013 are still smiling.
It is ironic since this thread has been created when bitcoin was less than $2000 if i am not wrong.. and now it is more than x6 times of what it was before. So if you were holding that, you could easily made a x6 of that.. What a dumbass.
I do think they are idiots. BTC failed as a payment system, LN is a joke, it's highly unlikely BTC will survive, that's why SMART people like Warren Buffet say they'd buy 5 year put options on BTC because it's highly unlikely BTC will survive 5 year.
Some say "yeah but it functions as storage for value, just like gold", that's also just a dumb argument, once people will admit BTC failed as payment system they'll start fleeing out of it as well. I just don't see ANY logical case to make for BTC. So yeah, I think they're idiots.
Some say "yeah but it functions as storage for value, just like gold", that's also just a dumb argument, once people will admit BTC failed as payment system they'll start fleeing out of it as well. I just don't see ANY logical case to make for BTC. So yeah, I think they're idiots.
I think long term holders (like me), are necessary.
The coins they buy are not circulating anymore, and that increases the price of the rest of the coins.
Without long term holders I do not think we would see the price we have today.
I suppose the average long term holder does not own many coins, but there are a lot of hodlers out there. Together they cover many coins.
So their role is very important.
The coins they buy are not circulating anymore, and that increases the price of the rest of the coins.
Without long term holders I do not think we would see the price we have today.
I suppose the average long term holder does not own many coins, but there are a lot of hodlers out there. Together they cover many coins.
So their role is very important.
I think you need to sell some of your Bitcoin if the price goes up substantially. Because if you wait long enough you take the chance it might crash. No point in hoarding Bitcoin if you're sitting on a profit. Keep some and sell some. And if the price goes down then buy back at a lower price.
Depends really. I've done quite well out of holding. I do think about cashing out but probably not for a while yet and I buy stuff with bitcoin occasionally. I have things like capitol gains to consider too, if the price doesn't crash disastrously and I cash out slowly over the next few years. That seems like the best option to me and that's if bitcoin doesn't keep growing, and it might.
I think stocks right now are in an overvalued bubble where a 60% bear market would be completely run of the mill. So "long term" holders will need alot of patience as even 10 years out chances are prices will probably be around where they are today, with either 1 or 2 serious collapses in the interim. However I actually think crypto is a good hold right now, at least for the next few years. Call it long term, medium term whatever but I think cryptos should be an investment not a trade, whereas stocks right now should only be a trade unless you have discipline to withstand what's coming and don't care.
I doubt if there are any long-term investors in cryptos which form do not form part of the top 50 by market cap. Most of the crypto traders treat cryptocurrencies like penny stocks, where you have to get in before the pump starts and get out before the dump starts. There may be long term investors in cryptocurrencies like Bitcoin and Ethereum.
Seriously the long-term holders are the wise investors and we actually need to develop that type of trading mind set in other to really succeed in cryptocurrency investment. Many have seriously lose opportunities because they sell early than expected but the long term investors has there target and were they really want to be before selling and one of this day they will get there.
I also agree with it i think wise people always invest money for long term. In fact long term investment is more safe as compare to short term investment and specially if a person do not have any experience in short term investment. But for long term investment it is also too much important to that one must invest a good amount of money because investing small amount of money is just wasting the time and nothing else. Seriously the long-term holders are the wise investors and we actually need to develop that type of trading mind set in other to really succeed in cryptocurrency investment. Many have seriously lose opportunities because they sell early than expected but the long term investors has there target and were they really want to be before selling and one of this day they will get there.
when the price for Bitcoin was around $ 20,000, then no one else considered any large holders of crypto currency. But when the price of Bitcoin began to decline, everyone started saying such unpleasant things. I think that I will change a little bit as soon as Bitcoin grows again above the maximum.Holders are gonna hold, haters are gonna hate, this is the motto of the crpyto markets. We shouldn't pay much attention to those fud spammers. We should focus on our job to increase our bitcoin assets.
Holders will always win in this market and those people who did not believe on a great coin will surely buying back but at a higher price. Long term is really good and it works for me, always set your goal so you will not be broke in the future. Well short term and long term are both profitable it is just depend on your choice of which is convenient for you then do so.
Funny how every time the market is in a recession and losers keep holding on to their losses they magically become "long term" holders.
God damn it, "long term" is such a stupid meme. Admit it, you wanted to get rich quick and once you realised you are too dumb to swing trade you suddenly became a "long term" loser.
Such idiocity.
You think Dan Balzerian held anything "long term"?
Long term is for losers.
Stuck on Holdings not bad as long as you dont need the money to spend or some expenses to be made quickly literally need it. Holding your loss doesnt mean you will hold them until it profits it depends on the user if he will change his thinking and switch to another coin to hold. God damn it, "long term" is such a stupid meme. Admit it, you wanted to get rich quick and once you realised you are too dumb to swing trade you suddenly became a "long term" loser.
Such idiocity.
You think Dan Balzerian held anything "long term"?
Long term is for losers.
I think stocks right now are in an overvalued bubble where a 60% bear market would be completely run of the mill. So "long term" holders will need alot of patience as even 10 years out chances are prices will probably be around where they are today, with either 1 or 2 serious collapses in the interim. However I actually think crypto is a good hold right now, at least for the next few years. Call it long term, medium term whatever but I think cryptos should be an investment not a trade, whereas stocks right now should only be a trade unless you have discipline to withstand what's coming and don't care.
Not all people know how to trade mate. Also some have jobs so they can't waste their day on the computer playing trader without being an actual one 
Your right, that's the reseon why other people they want to hold their bitcoin or what kind of coin there he/she is, because they lack of information or knowledge on how to trade. Anyways, we have own strategy on how to handle the risk when it comes to investment or day trading, so don't say idiots to the people who hold their bitcoin for the long term.
Seriously the long-term holders are the wise investors and we actually need to develop that type of trading mind set in other to really succeed in cryptocurrency investment. Many have seriously lose opportunities because they sell early than expected but the long term investors has there target and were they really want to be before selling and one of this day they will get there.
when the price for Bitcoin was around $ 20,000, then no one else considered any large holders of crypto currency. But when the price of Bitcoin began to decline, everyone started saying such unpleasant things. I think that I will change a little bit as soon as Bitcoin grows again above the maximum.Holders are gonna hold, haters are gonna hate, this is the motto of the crpyto markets. We shouldn't pay much attention to those fud spammers. We should focus on our job to increase our bitcoin assets.
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