Topic: Anyone else think "long term" hodlers are idiots? - page 18. (Read 27275 times)
By holding short term and trading it, it will faster to gained profit, so you can get rich faster, but long time holder is also not bad, some of the early adapter gained so many profit by holding long term, and long term investment is suitable for someone that don't really understand trading
I dont thing long term holders are idiots by the fact they hope their saves are going on a high prise due to the years and some of them got what they hoped for
Yes you are right that long-term investors are not idiots because they invest their money for the purpose of save in it,and also invest for the purpose of profit. Moreover, the long term investors when invest their money in those business or crypto currency first they seen the market cap and then they invest their money and then they will gain more profit.
I dont thing long term holders are idiots by the fact they hope their saves are going on a high prise due to the years and some of them got what they hoped for
This all goes back to can you afford the loss of what you invested.
Not a matter of long term are holders or not.
The basics of can you keep up with re-buying back in if there is a potential price growth you miss out on and how fast.
Since most cant do both of these its better to look at other areas right now to profit and set a realistic price mark for yourself.
Not a matter of long term are holders or not.
The basics of can you keep up with re-buying back in if there is a potential price growth you miss out on and how fast.
Since most cant do both of these its better to look at other areas right now to profit and set a realistic price mark for yourself.
For me they don't look like an idiot at all if they are selling at huge price changes such as this and rebuying it when a huge dump occur like what happened in 2013. If they would not sell some, their profits would just be an imaginary one because they don't obtain the returns of their investments yet so its better for them to just trade it when crazy price movements occur.
i think the long term investment is the best investment, they are in fact the wisest people who invest their money for long term, in fact there is very little risk in long term investment while short term investment is really risky. 
I don't know many successful CryptoCurrency traders... Most, even the smart ones don't know when to quit while they're ahead and go on to lose it all...
On the other hand, I know plenty of people who are successful hodlers, bought btc at whatever price and stored it securely over years etc
It just grows and grows and grows....
I put some change money on a few shitcoins with good fundamentals like xmr, ltc and etc and they're all worth hundreds of % more than I paid years ago...
It DOES pay to hodl, don't listen to the bullshit
On the other hand, I know plenty of people who are successful hodlers, bought btc at whatever price and stored it securely over years etc
It just grows and grows and grows....
I put some change money on a few shitcoins with good fundamentals like xmr, ltc and etc and they're all worth hundreds of % more than I paid years ago...
It DOES pay to hodl, don't listen to the bullshit
Mot all them are idiot there are reasons behind mostly people are holding there coin because they using it for them to bank their money and it is like they earning money by stocking or holding their coins but others using it for some business and they just like gonna hold em all for the future they wanna millionaire or what the fact is they earning while waiting for the lrice to increase but also they can earn again from trading or by investing their bitcoins.
Many long term holders see bitcoin as their only way to store their wealth without government intervention and influence. Gold can be confiscated, fiat currencies are too weak and can collapse at any given moment. Bitcoin is a pretty good alternative for anyone interested to store their wealth in.
So calling every single long term holder out there idiots is just BS. In fact, long term holding of bitcoin has proven to be one of the most profitable activities of the past decade or so. If you held bitcoin from 2010 to 2017 then you would have outpaced bank interest by a whole lot.
But it doesn't mean that by buying bitcoin when it is obviously in a bubble and holding it in the long term is a good thing to do, it's still going to profitable probably but not the best thing you could have done.
Mot all them are idiot there are reasons behind mostly people are holding there coin because they using it for them to bank their money and it is like they earning money by stocking or holding their coins but others using it for some business and they just like gonna hold em all for the future they wanna millionaire or what the fact is they earning while waiting for the lrice to increase but also they can earn again from trading or by investing their bitcoins.
For me they don't look like an idiot at all if they are selling at huge price changes such as this and rebuying it when a huge dump occur like what happened in 2013. If they would not sell some, their profits would just be an imaginary one because they don't obtain the returns of their investments yet so its better for them to just trade it when crazy price movements occur.
i think the long term investment is the best investment, they are in fact the wisest people who invest their money for long term, in fact there is very little risk in long term investment while short term investment is really risky. where everything go up and down so quickly and hard to predict.
i just make a guessing that those people who have no time enough to follow the market charts is the one who hold for long term investment instead as an idiot or whatever it is.
For me they don't look like an idiot at all if they are selling at huge price changes such as this and rebuying it when a huge dump occur like what happened in 2013. If they would not sell some, their profits would just be an imaginary one because they don't obtain the returns of their investments yet so its better for them to just trade it when crazy price movements occur.
Asking this question to the person who has help to his bitcoins since 2009 or 2010 can give you surprising answers. People in the pas bought the bitcoins at the rate of $1 per coin, now the person who bought only 200 bitcoins has over $400,000 right now, that’s why bitcoin is getting more famous day by day. It is being accepted and adapted by hundreds of thousands of people daily, because it’s efficient, secure, profitable and much more. So of you don’t have a need to spend your bitcoins than you should not. For me they don't look like an idiot at all if they are selling at huge price changes such as this and rebuying it when a huge dump occur like what happened in 2013. If they would not sell some, their profits would just be an imaginary one because they don't obtain the returns of their investments yet so its better for them to just trade it when crazy price movements occur.
i think the long term investment is the best investment, they are in fact the wisest people who invest their money for long term, in fact there is very little risk in long term investment while short term investment is really risky. 
I know some people that keep all of their long term investments in fiat currencies that have the built in feature of losing value over time.
Anyone else think "long term" hodlers are idiots?
No.
The monetary supply of a currency in my opinion is one of the most important ways of determining whether or not it is worth it to hold it for the long term or not
This is only one part of the equation
Scarcity is not a guarantee of future value (or just any value at all), it is one of the required properties but certainly not the most important one. Utility is, i.e. usefulness for attaining specific ends which are pursued by enough people (e.g. earning profits). There was a coin simply dubbed 42Coin, and its creators naively (or not so naively) assumed that it should cost 1 million dollars apiece simply because only 42 coins should have been mined. Needless to say that it quickly got trashed as all such utterly useless coins eventually get
For me they don't look like an idiot at all if they are selling at huge price changes such as this and rebuying it when a huge dump occur like what happened in 2013. If they would not sell some, their profits would just be an imaginary one because they don't obtain the returns of their investments yet so its better for them to just trade it when crazy price movements occur.
I've been called a faggot when BTC went above 2000$ and the person who got pissed knew I bought in at 4$ 
It's a sore loser. If faggot means that you have made it, then so be it.
I have been named plenty of things (mostly not all that positive) for having close to 50% of my wealth in Bitcoin. But hey, I am sitting here with a big smile, while I know that they have been lagging behind big time, with their wealth sitting in their savings account. I personally bought my first coins between $20-$25 in early 2013, from which I still have an x number sitting untouched in my wallets. I was wondering, have you kept your $4 coins in cold storage till now without touching them, or have you been moving them back and forth?I think it's a matter of your own belief and even if others looking at the holders of long term is an idiot, for me it's not a problem. The proof will speak against what these nevative peoples were thinking about stupidity by the holders who valued much more of their saving of bitcoin in their wallet. Maybe those critics behind bitcoin should invest and experience how challenging a bitcoiner holder is, and I can prove them the best of what I have within a long time investments.
I bought bitcoins for the first time in 2015, it was around 0.7BTC. By that time I had bought it to pay a cloud on Mega and maybe other services that would require it. But other services didnt appear so I hold it until now. By march-may I started buying more, now I have near 2BTC and will keep holding it since I think it will jump even higher.
I've been called a faggot when BTC went above 2000$ and the person who got pissed knew I bought in at 4$
It's a sore loser. If faggot means that you have made it, then so be it.
I have been named plenty of things (mostly not all that positive) for having close to 50% of my wealth in Bitcoin. But hey, I am sitting here with a big smile, while I know that they have been lagging behind big time, with their wealth sitting in their savings account. I personally bought my first coins between $20-$25 in early 2013, from which I still have an x number sitting untouched in my wallets. I was wondering, have you kept your $4 coins in cold storage till now without touching them, or have you been moving them back and forth?
obvious dips is obvious in retrospect.
i'll bet most people if they attempted to 'day trade' would've sold all the moment it hit $1000 and sat around for months afterwards.
i'll bet most people if they attempted to 'day trade' would've sold all the moment it hit $1000 and sat around for months afterwards.
HAHAHA, obvious in retrospect only if you are dumb maybe.
Right now Ethereum is dipping, I can tell you right now it will dip to about $150, possibly more to double digits like $95
If you aren't shorting Ethereum right now and then buying the dip at $95-150 you are just plain dumb and hate money. So sorry for you and your family
Increased capital gains taxes from frequent trading must be considered. Those paying a capital gains tax of e.g. 30-40%+, need to make excellent trades for trading to pay off.
There are also huge risks involved with shorting cryptos. I asked the TradingView chat about how how the hell so many of them said they lost all their money. The common theme? They were all shorting cryptos, and the whales destroyed them.
Let's see if your prediction comes true. It seems likely, but not guaranteed, as you make it sound. Remember that many people are buying and holding ETH simply for ICO investment, so TA must be taken with a grain of salt (as always).
For those of us who got in cheap, e.g., $8, a correction all the way to $95 is easily manageable. I sold half my ETH at $400 as a hedge, but I'm holding the other half to avoid the tax implications of capital gains. I believe believe the average person using a portfolio strategy (buy pre-pump lows of innovative projects, sell exponential pumps), is massively outperforming the average active trader. Traders may get better exits on short and medium term moves, but the most reliable way to win is to buy innovative projects super low before the swing traders get in, and hold them until hysteria hits.
If capital gains tax did not exist, I would be trading more actively using Ichimoku. But I've run the numbers, considered the odds, and would rather spend my time on other things than trying to time perfect entries and exits to compensate for increased tax load.
why don't you swap cryptos then? don't trade fiat and you're good to go. one only has to pay taxes when the fairy dust settles and becomes something real. they can't tax fairy dust, can they
?"hey man, you gained +200% by trading the GovernmentSucksCoin against WeedCoin so if you kindly sent us our share that would be great, and we will make sure you will get another copy of that memo"
obvious dips is obvious in retrospect.
i'll bet most people if they attempted to 'day trade' would've sold all the moment it hit $1000 and sat around for months afterwards.
i'll bet most people if they attempted to 'day trade' would've sold all the moment it hit $1000 and sat around for months afterwards.
HAHAHA, obvious in retrospect only if you are dumb maybe.
Right now Ethereum is dipping, I can tell you right now it will dip to about $150, possibly more to double digits like $95
If you aren't shorting Ethereum right now and then buying the dip at $95-150 you are just plain dumb and hate money. So sorry for you and your family
Increased capital gains taxes from frequent trading must be considered. Those paying a capital gains tax of e.g. 30-40%+, need to make excellent trades for trading to pay off.
There are also huge risks involved with shorting cryptos. I asked the TradingView chat about how how the hell so many of them said they lost all their money. The common theme? They were all shorting cryptos, and the whales destroyed them.
Let's see if your prediction comes true. It seems likely, but not guaranteed, as you make it sound. Remember that many people are buying and holding ETH simply for ICO investment, so TA must be taken with a grain of salt (as always).
For those of us who got in cheap, e.g., $8, a correction all the way to $95 is easily manageable. I sold half my ETH at $400 as a hedge, but I'm holding the other half to avoid the tax implications of capital gains. I believe believe the average person using a portfolio strategy (buy pre-pump lows of innovative projects, sell exponential pumps), is massively outperforming the average active trader. Traders may get better exits on short and medium term moves, but the most reliable way to win is to buy innovative projects super low before the swing traders get in, and hold them until hysteria hits.
If capital gains tax did not exist, I would be trading more actively using Ichimoku. But I've run the numbers, considered the odds, and would rather spend my time on other things than trying to time perfect entries and exits to compensate for increased tax load.
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