Topic: Hodler, you motherfucker. (Read 20972 times)
I just want to get the post up because I believe that is still very relevant considering the latest trend. BTC
Funny people always worry about others holding but clever people looks to mark high profit yield with their investment. When you have invested in bitcoin and you are being holders means hope you will not sure that you with that title.
Man, the last sentence is not written in English... can you explain it in simple words? 
Funny people always worry about others holding but clever people looks to mark high profit yield with their investment. When you have invested in bitcoin and you are being holders means hope you will not sure that you with that title.
Such a great observation! Hats off to you, mate! By telling this bitter truth, you opened the uneducated holder's face who know nothing but the "HODL" word! Holding is not a bad virtue, but you have to have enough knowledge when to hold and when to sell, and by doing this, you can be a trader too! Don't listen to anybody, use your own brain and manage your wealth as like as you want! This strategy will remain strong until the crypto end day!
Thanks, the main aim is to shake them. In the end, all hodlers are fellow bitcoiners like you and me...
Such a great observation! Hats off to you, mate! By telling this bitter truth, you opened the uneducated holder's face who know nothing but the "HODL" word! Holding is not a bad virtue, but you have to have enough knowledge when to hold and when to sell, and by doing this, you can be a trader too! Don't listen to anybody, use your own brain and manage your wealth as like as you want! This strategy will remain strong until the crypto end day!
What I mean is that most trader spend their times monitoring the price for hours like 20 hours a day and 4 hours sleep in extreme way or let's say continuously monitoring the market 14 hours with less rest in it, that's the way people can re buy in the right time
But that explanation undermines your previous point
If you are looking into the market once or twice a week, you may see where the ship sails, and thus choose your entry and exit points (mostly, the latter). Indeed, if you make a couple trades a week, this won't make you into a day trader (though opinions may vary), but that still makes you a trader, not a 100% holder
Technically, it is exactly the idea behind "hodling", i.e. to forget about your cryptocurrency investments for a few years (the longer the better). You can see such advices springing up here and here of the forum, especially when someone was unlucky to buy at or near the top. To sum it up, a hodler is essentially a failed trader
I firmly agree with you.
Especially during the last days of high volatility, every holders got its portfolio in red (maybe not the ones that bought at less than 7k). Instead, trading would have let them leverage this trend and turn its portfolio into green.
I guess it depends on, if in this period you trade trying to 'buy the bottom', or whether you short, or use trading platforms that allow you to do similar things
What about the latest period? Trading would have generated good profits... but hodlers will argue that they also make it
What I mean is that most trader spend their times monitoring the price for hours like 20 hours a day and 4 hours sleep in extreme way or let's say continuously monitoring the market 14 hours with less rest in it, that's the way people can re buy in the right time
But that explanation undermines your previous point
If you are looking into the market once or twice a week, you may see where the ship sails, and thus choose your entry and exit points (mostly, the latter). Indeed, if you make a couple trades a week, this won't make you into a day trader (though opinions may vary), but that still makes you a trader, not a 100% holder
Technically, it is exactly the idea behind "hodling", i.e. to forget about your cryptocurrency investments for a few years (the longer the better). You can see such advices springing up here and here of the forum, especially when someone was unlucky to buy at or near the top. To sum it up, a hodler is essentially a failed trader
I firmly agree with you.
Especially during the last days of high volatility, every holders got its portfolio in red (maybe not the ones that bought at less than 7k). Instead, trading would have let them leverage this trend and turn its portfolio into green.
I guess it depends on, if in this period you trade trying to 'buy the bottom', or whether you short, or use trading platforms that allow you to do similar things
Each person holding crypto might have very different needs, incomes or ways to spend their time. I'd say, along the lines of BTC being the most permissive form of money, everybody is free to use it as they please. Profit might be the goal, or maybe not. Who knows what obscure reasoning might be behind each individual's decision to hold crypto, but there's very little to be done about it.
Agree, we are learning from everyone's mistakes, if someone are holding tokens and turned out to be scam, then we are realizing things that we should be very careful with the coins/tokens that we are investing at, it's not good that we are just investing because they are new and seems legit, we should validate things by making a solid proof that they are really a legit one.
How the hell is your reply about "being careful with coins/ tokens" related to his comment about people holding crypto for different, obscure reasons and not necessarily for profit??!
Each person holding crypto might have very different needs, incomes or ways to spend their time. I'd say, along the lines of BTC being the most permissive form of money, everybody is free to use it as they please. Profit might be the goal, or maybe not. Who knows what obscure reasoning might be behind each individual's decision to hold crypto, but there's very little to be done about it.
Agree, we are learning from everyone's mistakes, if someone are holding tokens and turned out to be scam, then we are realizing things that we should be very careful with the coins/tokens that we are investing at, it's not good that we are just investing because they are new and seems legit, we should validate things by making a solid proof that they are really a legit one.
Each person holding crypto might have very different needs, incomes or ways to spend their time. I'd say, along the lines of BTC being the most permissive form of money, everybody is free to use it as they please. Profit might be the goal, or maybe not. Who knows what obscure reasoning might be behind each individual's decision to hold crypto, but there's very little to be done about it.
Agree, we are learning from everyone's mistakes, if someone are holding tokens and turned out to be scam, then we are realizing things that we should be very careful with the coins/tokens that we are investing at, it's not good that we are just investing because they are new and seems legit, we should validate things by making a solid proof that they are really a legit one.
What I mean is that most trader spend their times monitoring the price for hours like 20 hours a day and 4 hours sleep in extreme way or let's say continuously monitoring the market 14 hours with less rest in it, that's the way people can re buy in the right time
But that explanation undermines your previous point
If you are looking into the market once or twice a week, you may see where the ship sails, and thus choose your entry and exit points (mostly, the latter). Indeed, if you make a couple trades a week, this won't make you into a day trader (though opinions may vary), but that still makes you a trader, not a 100% holder
Technically, it is exactly the idea behind "hodling", i.e. to forget about your cryptocurrency investments for a few years (the longer the better). You can see such advices springing up here and here of the forum, especially when someone was unlucky to buy at or near the top. To sum it up, a hodler is essentially a failed trader
I firmly agree with you.
Especially during the last days of high volatility, every holders got its portfolio in red (maybe not the ones that bought at less than 7k). Instead, trading would have let them leverage this trend and turn its portfolio into green.
Each person holding crypto might have very different needs, incomes or ways to spend their time. I'd say, along the lines of BTC being the most permissive form of money, everybody is free to use it as they please. Profit might be the goal, or maybe not. Who knows what obscure reasoning might be behind each individual's decision to hold crypto, but there's very little to be done about it.
well not really.... everyone in crypto is mainly in for the speculative side, if you had different needs (like a safe investment for your retirement), you would invest in a pension fund or safer assets
Each person holding crypto might have very different needs, incomes or ways to spend their time. I'd say, along the lines of BTC being the most permissive form of money, everybody is free to use it as they please. Profit might be the goal, or maybe not. Who knows what obscure reasoning might be behind each individual's decision to hold crypto, but there's very little to be done about it.
Everybody must not invest in cryptocurrency. You should learn about it and know whether it is a risk you can afford to take. When I tell my friends about cryptocurrency, I tell them to do proper research about it. I let them know the risk that they are getting themselves involved in and whether they can take that risk. It's up to them to decide whether they are going to take such a risk.
There are lots of people that invest in Bitcoin and lots of them lose their money, we never get to hear their story, we only see and hear the stories of those that became millionaires. You can invest in other kinds of investments and make money too, there are investments that doesn't have much risk and some of them have 0% risk, just like some farming investments I do see. You just have to find what works for you and stop blaming people because you lost money in Bitcoin, you made the choice yourself.
There are lots of people that invest in Bitcoin and lots of them lose their money, we never get to hear their story, we only see and hear the stories of those that became millionaires. You can invest in other kinds of investments and make money too, there are investments that doesn't have much risk and some of them have 0% risk, just like some farming investments I do see. You just have to find what works for you and stop blaming people because you lost money in Bitcoin, you made the choice yourself.
Ouu yeah then if you can't resist to sell when seeing the market crash.. I think you are not what I call a hodler 
.
There's no harm to look at the charts sometimes to test how strong your faith... rather than forget it for years without following any progress in it , sounds like a bit gambling style
.There's no harm to look at the charts sometimes to test how strong your faith... rather than forget it for years without following any progress in it , sounds like a bit gambling style
But that's how things are in real life
People are weak, and their faith is weak too. Otherwise we wouldn't be seeing such an endless stream of people whining and crying around about Bitcoin crashing and them losing money. So if we talk reality here, people looking at the charts "sometimes" are actually proving how feeble, frail, and shaky their faith in fact is
I think we couldn't even call it faith, rather fantasy about "Bitcoin domination" in the future. If this "faith" was as strong as you assume it to be, there wouldn't be a need for inspecting prices once a week or so. Really, if you were a true believer in something, would you have to check the object of your belief for its existence every now and then?
Just because you do checking the price constantly once a week or so , doesn't mean you'll set your buy or sell position.
You could be just curious whether are you there yet reaching your investment target
So you expect to reach your investment target in a week or so, right?
Well, I actually don't mean that you should sell or buy every time you look at the charts, but it still seems to me a bit counterintuitive to check prices now and then if you intend to keep your coins for years. If you do, then seeing the price crash may make you nervous and anxious about the future of your investments up to a point where your faith gives in suddenly, and you sell at a loss. This is a real-life scenario with the implication being that you'd better not check the prices "just out of curiosity" or "for fun"
Ouu yeah then if you can't resist to sell when seeing the market crash.. I think you are not what I call a hodler
.There's no harm to look at the charts sometimes to test how strong your faith... rather than forget it for years without following any progress in it , sounds like a bit gambling style
sometimes holding does not have to be applied at any time, there must be an appropriate time for holding. because now holding sometimes makes us lose, market position cannot be stable and also market position is unpredictable. so I think we have to be careful what we do
hold too long sometimes is not good, so that when experiencing an increase must quickly take it off. we must remember that after such a high increase, it's sure there be a very low decrease too. and now is the time of decline, so it's good to buy and hold, then after that it we will see another price increase after this year's decline.
This is what I also learned this past few months, that holding will just make your money sleep, I have learned that you need to workout your money everyday, find something that will make you have passive income while you are sleeping, so better to choose the right path for you to be able to have good source of income, holding especially altcoins with no movement or no development is just like waste of time.
If you are looking into the market once or twice a week, you may see where the ship sails, and thus choose your entry and exit points (mostly, the latter). Indeed, if you make a couple trades a week, this won't make you into a day trader (though opinions may vary), but that still makes you a trader, not a 100% holder
Technically, it is exactly the idea behind "hodling", i.e. to forget about your cryptocurrency investments for a few years (the longer the better). You can see such advices springing up here and here of the forum, especially when someone was unlucky to buy at or near the top. To sum it up, a hodler is essentially a failed trader
Just because you do checking the price constantly once a week or so , doesn't mean you'll set your buy or sell position. Technically, it is exactly the idea behind "hodling", i.e. to forget about your cryptocurrency investments for a few years (the longer the better). You can see such advices springing up here and here of the forum, especially when someone was unlucky to buy at or near the top. To sum it up, a hodler is essentially a failed trader
You could be just curious whether are you there yet reaching your investment target
So you expect to reach your investment target in a week or so, right?
Well, I actually don't mean that you should sell or buy every time you look at the charts, but it still seems to me a bit counterintuitive to check prices now and then if you intend to keep your coins for years. If you do, then seeing the price crash may make you nervous and anxious about the future of your investments up to a point where your faith gives in suddenly, and you sell at a loss. This is a real-life scenario with the implication being that you'd better not check the prices "just out of curiosity" or "for fun"
sometimes holding does not have to be applied at any time, there must be an appropriate time for holding. because now holding sometimes makes us lose, market position cannot be stable and also market position is unpredictable. so I think we have to be careful what we do
hold too long sometimes is not good, so that when experiencing an increase must quickly take it off. we must remember that after such a high increase, it's sure there be a very low decrease too. and now is the time of decline, so it's good to buy and hold, then after that it we will see another price increase after this year's decline.
What I mean is that most trader spend their times monitoring the price for hours like 20 hours a day and 4 hours sleep in extreme way or let's say continuously monitoring the market 14 hours with less rest in it, that's the way people can re buy in the right time
But that explanation undermines your previous point
No. It's not.
If you are looking into the market once or twice a week, you may see where the ship sails, and thus choose your entry and exit points (mostly, the latter). Indeed, if you make a couple trades a week, this won't make you into a day trader (though opinions may vary), but that still makes you a trader, not a 100% holder
Technically, it is exactly the idea behind "hodling", i.e. to forget about your cryptocurrency investments for a few years (the longer the better). You can see such advices springing up here and here of the forum, especially when someone was unlucky to buy at or near the top. To sum it up, a hodler is essentially a failed trader
You could be just curious whether are you there yet reaching your investment target.
Well if you define hodler like that... I assume it's just the matter of perspective.
I do define hodler as those people who believe in bitcoin no matter the price fall to the ground ( they believe the time to recover will come and they keep hodling) or no matter the price moving up high to the moon ( they believe the time to break another all time high will still coming , they have seen it but continue hodling )
That's all.
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