There is a nearly 100% chance that BTC will trade at lower prices sometime in the near future. If you add up the huge swings in both directions (i.e $500 only yesterday), then you can easily learn how to short-term trade part of your holdings for large profits. Be calm and make small trades for fast profits that add up..
Well in fact, everyday, bitcoin trades at a lower price and I don't know if you also know that. Also, short-term trades are quite risky on an asset with an upward trend. There's a small window of swings everyday in the market, but that window is minute for inexperienced traders to even bother. While shorting still works, most of the people will just lose money in the process, so for me, a bad advice.
Note for "real investors": Buying at least some BTC every time you get a paycheck, and "never" selling, is a valid idea as long as you have the guts to keep buying when prices are down 80% and the masses are panic selling every day.
That is what you call faith. Also, looking at the charts you can see that bitcoin always recovers from a downfall for the past 8 years. Would yoi want to look at that as well? And no investment has performed really well in a short span of time (see gold, precious metals and other stocks) unlike bitcoin, so I don't see where your 80% loss of value came from.
Blind faith in HODL is a mindless sign of heard instinct, and the masses lose long-term in every form of market trading.
Refer to the first quoted post. You encourage to short the market swings, right?
