Topic: Hodler, you motherfucker. - page 2. (Read 20972 times)

Ive recently discovered that holding is bad and not having an exit plan is very bad so ive tried trading and after a few days i loss my money but not all of it just the most of it. So right now im back in square where i hold my money because of the bearish market. Even though ive watched tons of tutorials about trading i always get scared when the market turns red now i know what FUD feels like.

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

If you, generally speaking, don't have time to check the prices once a week or so, maybe cryptocurrencies aren't for you after all. Maybe you should start looking into something else, for example, deposit accounts which you don't have to check months on end or even long-term treasuries like 30-year bonds which you can safely forget about for literally decades? Just my 2 sats

What about those people who have no time to spend hours or even days monitoring the latest market condition to know when the best time to sell and when to re-buy it?

There are lots of trading group in TG or any social site if you want to join on them.
They are sharing on what experience on what it make in trading and getting some information on how to be a good traders.

And it is good also for the newbies if want to learn in trading and get more profit on trade some coins.

I really don't get the mindset of all these people saying hodl 100% of the time. It is quite clearly more profitably to sell when the market is down, and rebuy when the market is up.

If you do that several times in a row you will end up with significantly more BTC than when you started with. Obviously this larger stack will then be worth a whole lot more if BTC ever reaches the moon as so many proclaim.

You could even throw in some shorting on the downturns and prediction markets for the upturns to increase your profits even further.

Mindlessly holding is now the way for a trader.

Let's create a trading group then. If the good traders will share some knowledge it will make some difference for the newbies.
Problem is, who's a good trader? 🤣

Mindlessly holding is now the way for a trader

A non surprising thing yet that word HODL is just already a typical step for those people who dont want to risk on doing short trades.
When tending to accumulate more bitcoin then active trades is much more preferable but in exchange it would really have that certain risk.
Hodl for those people who dont want to risk and immediate trade are for those who are serious on accumulating their stuff.

I really don't get the mindset of all these people saying hodl 100% of the time. It is quite clearly more profitably to sell when the market is down, and rebuy when the market is up.

If you do that several times in a row you will end up with significantly more BTC than when you started with. Obviously this larger stack will then be worth a whole lot more if BTC ever reaches the moon as so many proclaim.

You could even throw in some shorting on the downturns and prediction markets for the upturns to increase your profits even further.

Mindlessly holding is now the way for a trader.

It all started so innocently. Why not give crypto a try? All the guys at work are talking about it. Shitcoins, ICOs, Tethers, Smart Contracts. You wanted in. It was the Next Big Thing, you fucking idiot.

So you put a little money in the crypto market in 2018. How do you feel today? Portfolio in the red. You don’t even want to look at it. Hodl, they all said. It will come back after the FUD, they all said. And now you’re numb, and depressed, and can’t even afford a bottle of Jack to drown out the pain.

You’ve learned (hopefully) that hodling is bad.

Hodling is like prayer. A lot of people may believe in it, but it doesn’t fucking work. Your assets aren’t protected by God, and they do not respond to the intensity of your beliefs. No matter how hard you believe, crypto-assets just do whatever they do. The market and the universe remain indifferent to your convictions.

In the world of poker, there’s a saying: “If within the first 10 minutes, you can’t spot the sucker at the table, it’s you.” So you’ve been pwned by crypto, Mr. or Mrs. SmartyPants. Somebody else is having a nice Christmas this year with your (actual) money.

But every failure is a learning experience. Hopefully you’ve learned something too. Most successful investors eat shit at the beginning. You know why? Because the ones you’re trading against have already eaten it, and they know how to avoid the same mistakes.

Holding will only turn bitcoin into an asset not a currency. I also do not agree, Holding as you say that they hold without reason, whereas to hold you must understand the market, not hoping for a rise without a clear reason. Some users I know hold because they know market trends, I am also annoyed with the types of categories of users who do not know the market but advise others to stand by them.

I know trading is much better than Holding but at first, you have to ensure the price and market. when your price is more or less stable then you can say that not to hold, you have to know why people hold their Bitcoin, I think the main reason is the price volatility, We are all greedy and we are here for making a profit, so why we don't hold our Bitcoin, it's just an individual wise, So if this bitcoin and cryptocurrency platform would be stable then people do whatever they do as the fiat purpose, another thing is the lack of payment source, if Bitcoin would be accepted at randomly then people use as the payment tools, so the backlog should be removed then everything will be fine by the time.

I know trading is much better than Holding but at first, you have to ensure the price and market. when your price is more or less stable then you can say that not to hold, you have to know why people hold their Bitcoin, I think the main reason is the price volatility, We are all greedy and we are here for making a profit, so why we don't hold our Bitcoin, it's just an individual wise, So if this bitcoin and cryptocurrency platform would be stable then people do whatever they do as the fiat purpose, another thing is the lack of payment source, if Bitcoin would be accepted at randomly then people use as the payment tools, so the backlog should be removed then everything will be fine by the time.