Topic: Hodlers will not change the world - page 17. (Read 4457 times)

Unfortunately far too many have invested in Bitcoin with the hope of getting rich quick. They are now biased - if they sell they lose, if they don't, they may lose even more - and the hold advises may give them hope. Because the market nowadays is not normal and may recover. However, it's clearly not the best advice, not for everybody. But your advice is as bad as the "HODL" ones. The best advise is "use your brain and do as it suits you best".

I also don't agree that the price will grow only when the number of transactions will grow. As I said, it's not a normal market. I think that the manipulation is too big. When that'll end, there could be a recovery, maybe some +50%. Of course, some dream of 20k+, they have to wait a bit more. Of course, there cold be a drop to 2k or even 1k. That's why people have to use their own judgement in investing.

There are two opinions in the crypto world: some people consider cryptocurrencies digital gold, while others believe that cryptocurrencies will be used as means of payment.
 
The first idea is quite convenient. You can just do nothing. For the first time ever, doing nothing has actually become a heroic deed – people are proud to be hodlers, proud to do nothing with their cryptocurrency. But do you really believe this approach will change the world? Seriously?
 
Let’s be honest. Real crypto communities – there are few. There are few people who own cryptocurrency. The number is vanishingly small. Crypto prices will not grow while there are so few of us. The demand is just too small and there are no drivers of growth.
 
So, what should we do? Is there a reason to just sit and wait for cryptocurrencies to grow? I believe there is none. The only possible solution is that people actually start using crypto in their everyday lives. The number of crypto transactions should amount to hundreds of millions a day. Then, and only then, will cryptocurrencies grow in price.
 
Personally, I see no other options. However, this cannot be handled by one man alone. The whole crypto community should do this. You may ask: is it possible to live paying with cryptocurrencies only? Judging from our experience –  yes. Moreover, we have video proof: here is a story of a guy from Scotland https://www.youtube.com/watch?v=Gb_yVnkHSFs and here is a story of a guy from Thailand https://www.youtube.com/watch?v=l09U16Oqbck.
 
People will say I’m biased, since I founded a project where you can sell and buy goods for crypto. Yes, it’s true. Still, I’m more interested in expansion of cryptocurrencies than in my project’s expansion. In fact, I founded it for one simple reason: I’m sure that hodlers will never change the world. But we will. We should just learn from the guys in our videos who pay with cryptocurrencies in everyday life and make cryptocurrencies valuable.  

I believe that hodlers may able to change their own world perhaps they will experience the most generous profit that they would earn once btc and altcoins will increase higher. It takes more patience in holding their coins since they believe that the value of such currency they are holding will multiply it's
growth.

I'll give you merit for this.
I spend lots of time in altcoin section and everyone is repeating hold until market goes green or hold until whale come, they don't understand market will never go green if everyone is holding.
Other side of story, if everyone is holding no one is using crypto, without real use crypto will die. People should go back to 2009. and read what bitcoin is and for what it is created.

I'll give you merit for this.
I spend lots of time in altcoin section and everyone is repeating hold until market goes green or hold until whale come, they don't understand market will never go green if everyone is holding.
Other side of story, if everyone is holding no one is using crypto, without real use crypto will die. People should go back to 2009. and read what bitcoin is and for what it is created.