Topic: Long term hodl ! What a joke - page 15. (Read 1567 times)
By looking at the past, we can clearly see that crypto coins grown by leaps and bounds. People will think like "If I had invested in that coin while the price was low I would have been rich by now". So people invest and Hodl it now hoping it will make them rich. 99% will lose their money in this.
Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.
It all depends upon the coin you invest, if you invested in bitcoin in the past before the last rally then you are in profit no matter what the market situation right now is, if you invested in shit coins then you need luck so that the project will survive the bear market. So smartness is all about investing in bitcoin at the right moment and if you did that there is nothing to worry.
Types of Hodlers from my observation:
There is really no need for you to mock those who choose to hodl. Each have their chosen strategy and you should not force them to follow your views or opinions. Be smart and mind your own investments.
- Those who just came in and never really experienced a 90% market crash (newbies)
- Those who refuse to sell because they re at an extreme loss. They chose to hodl and wait or hope
- Those who bought at floor prices and continues to accumulate at cheap. They're not really bothered with the price fluctuations.
There is really no need for you to mock those who choose to hodl. Each have their chosen strategy and you should not force them to follow your views or opinions. Be smart and mind your own investments.
Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.
The main thing is - nobody knows when peak and when the bottom:) How can you actually prognose such things? It is a game, gambling if you want, so somebody win, somebody loose and it is their choice. But for some people investing in BTC is just one of the ways to hedge their money, they invest in real estate, gold and in bitcoin too, so they dont thinking in such categories, they investing long term - 5,10,15 years.. 
In my experience, I choose to go long term holding because it suits my investing attitude. I sell during peaks but sometimes I don't buy at the bottom because sometimes I call the wrong bottom.
A person that chooses to hold for long term likes to do it because it's base on his/her choice. Some tend to sell at wrong prices that's why holding suits them too.
A person that chooses to hold for long term likes to do it because it's base on his/her choice. Some tend to sell at wrong prices that's why holding suits them too.
IMHO long-term holding are only profitable for Bitcoin and few altcoins because the market is still maturing but doing short-term trading is not bad either as long as you gain some profit. Also, don't forget that some people prefer long-term holding because of less hassle since they don't need to to be updated on the market movement everyday and just wait for the right time to sell.
Are you a prohpet that knows when is the peak and bottom
Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise.
Are you a prohpet that knows when is the peak and bottom
Even I used to believe in long term hodl but not anymore and I think those who were hodling till 2017 and cashed out can be described as benefit of long term hodl and as you rightly mentioned there is no point in hodling crypto during bear market and rather we can trader it accordingly and it's time to face harsh reality of the market and it's not going to be as easy as it was before 2018. If we need to earn then we need to stay active and keep trading utilizing all the opportunities as just investing and waiting is not going to help.
Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.
Many people keep cryptocurrency for a long time because it is one of the easiest ways to make a profit in the cryptocurrency market. I completely agree with your opinion that selling cryptocurrency at the peak of its price and buying at a recession is most effective in terms of profit. However, for this you need to study this market well and have a lot of time for such an activity. Not everyone has a desire and opportunity for this. Of course, cryptocurrency will not constantly grow in value. Only its new types and successful projects will grow or will it happen with the general period of growth of the cryptocurrency market. Therefore, you need to constantly adapt to changing conditions. Simple retention will not be effective in all cases, as in the securities market. Market laws are the same everywhere.
Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.
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