Anyone else think "long term" hodlers are idiots? - page 3.

Naida_BR

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Quote from: Yurkov on January 15, 2020, 05:53:16 AM

Quote from: Mihaylovic on January 15, 2020, 05:09:34 AM

Quote from: Sevvero on June 25, 2017, 02:17:38 PM

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.

I dont think so.
You shouldn't forget that till end of 2017, the holders were the real winners of crypto market. that long down trend does not mean that holders will not make good profits again in the future.

Not only in 2017, the hodlers proved to be market winners. It also happened a few times before - actually with every earlier ATH. I am sure that the new ATH is still ahead of us, so those who bought even during the bull run in 2017 will definitely have a chance to make a profit from this investment.

They are profit winners when the market goes up.
But in the last years the prices are moving only downwards making holders not having so many profits.
Having said that it is not worth it holding.

Captain Corporate

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I have been a person who on/off has been holding bitcoin for the past 7 years this april, sure I sold some and bought some, earned some and spent some but none of that because what the price was, I have never been a guy who looked at what the price of bitcoin is when I do something with it, I look at it at bitcoin valuation and what I can get for it etc, I was here when I had over 2 bitcoins that I spent on silly stuff but I was here when I spent 0.2 on crucial life saving stuff as well and that 0.2 was higher in price than that 2 because I have been here that long. Never considered being long term an idiotic move, long term is actually people who think bitcoin will worth something more than just dollars.

Yurkov

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Pepemo.vip

Quote from: Lanatsa on January 15, 2020, 08:42:33 AM

Quote from: Yurkov on January 15, 2020, 05:53:16 AM

Quote from: Mihaylovic on January 15, 2020, 05:09:34 AM

Quote from: Sevvero on June 25, 2017, 02:17:38 PM

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.

I dont think so.
You shouldn't forget that till end of 2017, the holders were the real winners of crypto market. that long down trend does not mean that holders will not make good profits again in the future.

Not only in 2017, the hodlers proved to be market winners. It also happened a few times before - actually with every earlier ATH. I am sure that the new ATH is still ahead of us, so those who bought even during the bull run in 2017 will definitely have a chance to make a profit from this investment.

But returns or profits won't really be that the same compared to those who hodl when the price was still low. The disadvantages of being a hodler is that you do miss out on selling on ATHs which you do already earn massive and just buyback when the market crashes but well its too late to regret because market is really unpredictable which you can't spot out on whats the possible peak price or bottom.

Therefore, the best solution for long-term investment is to plan in advance the profit we want to achieve and not be guided by greed, but common sense. All those who do not sell at the time of the bubble usually lose patience and sell when the price drops. To be a good hodler, you just need to have great patience and get rid of greed. Then no one will ever call you "idiot".

Lanatsa

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Quote from: Yurkov on January 15, 2020, 05:53:16 AM

Quote from: Mihaylovic on January 15, 2020, 05:09:34 AM

Quote from: Sevvero on June 25, 2017, 02:17:38 PM

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.

I dont think so.
You shouldn't forget that till end of 2017, the holders were the real winners of crypto market. that long down trend does not mean that holders will not make good profits again in the future.

Not only in 2017, the hodlers proved to be market winners. It also happened a few times before - actually with every earlier ATH. I am sure that the new ATH is still ahead of us, so those who bought even during the bull run in 2017 will definitely have a chance to make a profit from this investment.

But returns or profits won't really be that the same compared to those who hodl when the price was still low. The disadvantages of being a hodler is that you do miss out on selling on ATHs which you do already earn massive and just buyback when the market crashes but well its too late to regret because market is really unpredictable which you can't spot out on whats the possible peak price or bottom.

Yurkov

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Pepemo.vip

Quote from: Mihaylovic on January 15, 2020, 05:09:34 AM

Quote from: Sevvero on June 25, 2017, 02:17:38 PM

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.

I dont think so.
You shouldn't forget that till end of 2017, the holders were the real winners of crypto market. that long down trend does not mean that holders will not make good profits again in the future.

Not only in 2017, the hodlers proved to be market winners. It also happened a few times before - actually with every earlier ATH. I am sure that the new ATH is still ahead of us, so those who bought even during the bull run in 2017 will definitely have a chance to make a profit from this investment.

useless4

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They're cleverer for me than us. It is very clear that real long-term investors are betting on coins in the marketcap which are in the top and that have a lot of potential to grow in the future. They will be at the top for a long time, because these wealthy investors know it's got a shot of being used internationally and giving them a return far more than they expected. Holding long term is probably the best thing to do.

Mihaylovic

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Quote from: Sevvero on June 25, 2017, 02:17:38 PM

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.

I dont think so.
You shouldn't forget that till end of 2017, the holders were the real winners of crypto market. that long down trend does not mean that holders will not make good profits again in the future.

bittrafficme

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I'll include link of official script to prove fairness of my words: https://codecanyon.net/item/crypto-casino-slot-machine-online-gambling-platform-laravel-5-application/23088602

buwaytress

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Quote from: deisik on January 14, 2020, 04:53:16 AM

Another problem, actually the major problem in this matter, is the fact that with cryptocurrencies, most cryptocurrencies I'd say, it is no use waiting no matter how long you are going to wait. In other words, if you bought some shitcoin and it kicked the bucket in the process, then no amount of waiting is going to help you even if the coin is technically still alive (read, it hasn't been completely delisted from all exchanges)

As you can see, well, as anyone can see, long-term holding has its own drawbacks and pitfalls which you must be aware of and concern yourself with lest you should turn into a bag holder for someone less long-term oriented and who knows better than recklessly holding (if I can say so)

Which is why I've said in the past Bitcoin holders can be a misnomer for a lot of Bitcoin users -- if I can call myself that among others -- since we do maintain "savings" that we generally add to, but we're also using them all the time, more frequently even. Some keep seeking new ways to use it and for those earning chiefly in bitcoin now, as more and more freelancers I suspect are, it's more circumstance than choice that we're actually using bitcoin. This sets it apart from other alts, where most holders are simply just that... holders, without being users.

shield132

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Some people even think that those who invested in bitcoin and hold it are all idiots but who cares? Because just see statistics, no one can say that holding or even hodling wasn't beneficial because numbers are just proof of that. So now imagine those who invested in bitcoin when price was some cents and sold it when price was 20K. It would be a long term hold because price was some cents in 2008-2009 and we saw huge price rise in 2017 so what? If someone hold for 9 years, it would be more than 50000x rise in price. Are those people silly and are you smart who did 5% profit from trading or even lose that?

potatopower

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No, I don't think that way. Honestly, no matter how it looks now, I think it's the most lucrative and less risky long-term investment in Bitcoin. But it all depends on circumstances, when you purchased Bitcoin exactly and how long you kept it and when you sold it. So, to my mind, not every decision has its background and should be estimated on the basis of circumstances valid at the time.

deisik

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Quote from: Barbarian on January 13, 2020, 09:25:27 PM

the only problem with holding is that you need a lot of time to see the profits that you want, but if you are a long term investor and you are willing to wait that is not really a problem, but many people believe they can become long term investors only to discover later that they can't and months later they want the market to skyrocket even if holding is not really about that

This is not the only problem

Another problem, actually the major problem in this matter, is the fact that with cryptocurrencies, most cryptocurrencies I'd say, it is no use waiting no matter how long you are going to wait. In other words, if you bought some shitcoin and it kicked the bucket in the process, then no amount of waiting is going to help you even if the coin is technically still alive (read, it hasn't been completely delisted from all exchanges)

As you can see, well, as anyone can see, long-term holding has its own drawbacks and pitfalls which you must be aware of and concern yourself with lest you should turn into a bag holder for someone less long-term oriented and who knows better than recklessly holding (if I can say so)

Barbarian

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Quote from: verita1 on January 09, 2020, 01:11:26 AM

HOLD strategy is not for idiots that is a way to win in the long term that is practiced by the community. In fact, I have noticed that there are programs created by some altcoins that appear at the top of the crypto market that offer their users this way of earning a percentage for holding it. As we all know crypto is in its first stage and its market is being created for various types of users. There will be those who are in favor of HOLD and who is not.

Holding an asset for a very long time and then sell it for a higher price is a known strategy that works all across the markets, it is very easy to execute and it can give you great profits, the only problem with holding is that you need a lot of time to see the profits that you want, but if you are a long term investor and you are willing to wait that is not really a problem, but many people believe they can become long term investors only to discover later that they can't and months later they want the market to skyrocket even if holding is not really about that.

purebitco

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To me, holding in the long term is not an idiocy, it was just the result of not having an option. Many long-term hodlers, as you will note, are just small investors. They have no choice but to hodl because they can't afford to lose the small amount of money in their pockets. Although some of them are trying to trade, they can't, sadly, because their money may not be a good starting capital.

thisnewcoin

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No, I don't think that. The last bull run did not click for the long term holders but you have to remember by holding a long time some people become a millionaire! No one thought Bitcoin can come at this high, but holders had believed on it and they got a result already! I know many people who bought Bitcoin at 500$, just think about them, they are now rich people in my country!

potatopower

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No, I don't think that way. Honestly, no matter how it looks now, I think it's the most lucrative and less risky long-term investment in Bitcoin. But it all depends on circumstances, when you purchased Bitcoin exactly and how long you kept it and when you sold it. So, to my mind, not every decision has its background and should be estimated on the basis of circumstances valid at the time.

nickenburg

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I dont think long term holders are idiots..
Sure if u sell all the time when the price is low you would be making much more money.

If u look at stocks 10-20 years ago you will see the price for almost all company's has risen a lot, I think that is going to be the same for Bitcoin, we all know the halvening is comming and what effect that will have on the price of Bitcoin.
Back in 2014 people where asking if Bitcoin could reach a 1000$ again Grin

now the question is can it reach 20000$ again, and I think for sure that is a possibility we are going to see 100000$ bitcoins the next comming years is my prediction, and then those long term holders are going to be happy as well.

I agree the best would be to sell it at the highest point and then rebuy again at a certain price, but you would need to actually understand the market and do research.

verita1

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HOLD strategy is not for idiots that is a way to win in the long term that is practiced by the community. In fact, I have noticed that there are programs created by some altcoins that appear at the top of the crypto market that offer their users this way of earning a percentage for holding it. As we all know crypto is in its first stage and its market is being created for various types of users. There will be those who are in favor of HOLD and who is not.

purebitco

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To me, holding in the long term is not an idiocy, it was just the result of not having an option. Many long-term hodlers, as you will note, are just small investors. They have no choice but to hodl because they can't afford to lose the small amount of money in their pockets. Although some of them are trying to trade, they can't, sadly, because their money may not be a good starting capital.

Barbarian

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Quote from: bitbunnny on December 28, 2019, 07:02:52 AM

I couldn't agree with that at all. Many people don't have enough patience to hold Bitcoin on long term and many think that is not profitable enough. But that is not true and long term investment has still the lowest risk and you can make very nice profit if you have developed your strategy and you are active investor.
Bitcoin price movements will speak for itself and the theory that long term investors are idiots.

If they do not have the patience to hold their bitcoin to get profits with this market that moves so quickly then what kind of hope those people have in the stock market which does not move as fast or what they will do if they decided to hold gold which is a market in which a whole decade could pass without any significant movement? Being an investor means accepting it will take a considerable amount of time to see profits and anyone that cannot accept this fact should not even try or they will lose their capital and become bitter about it.

Topic: Anyone else think "long term" hodlers are idiots? - page 3. (Read 27268 times)