What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.
Lol, obviously its just propaganda. Theres another story I know about 'strong' hands, that one is about how you catch a monkey... 
Topic: Strong hands - page 2. (Read 3345 times)
What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.
You can invest and trade in currencypairs it's been done for many many years
.An investment scheme is usually a company that trades for you and tells you it will make a good profit and lose your money
"Weak hands"
are people who feel compelled to sell when the market takes a small dip, they give into fear or they have invested with money they cannot afford to lose (also fear). They panic sell. (e.g. The market just went down $10 O-NO quickly sell before it goes down $20. If it does I can't afford to pay back the loan I took out for bitcoin)
"Strong hands"
are people who only sell at their targets. (e.g. I will sell at $2500 or if it goes below $200)
"HODlers"
are the ultimate strong hands and go for max profit or max pain. (e.g. I will sell at 100k or go down with bitcoin. Let's take that sixth whiskey *burp* while the market takes a $600 dive)
Of course. What did you think, that it was specific to bitcoin markets? It is not the same vocabulary but it is exactly the same.
What do you think etoro was made for? like all others brokers where you can trade microaccount with 200 leverage?
I propose an alternative to the 'strong hands' narrative:
Remember who panics first panics best!
Remember who panics first panics best!
What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.
You can invest and trade in currencypairs it's been done for many many years
.An investment scheme is usually a company that trades for you and tells you it will make a good profit and lose your money
"Weak hands"
are people who feel compelled to sell when the market takes a small dip, they give into fear or they have invested with money they cannot afford to lose (also fear). They panic sell. (e.g. The market just went down $10 O-NO quickly sell before it goes down $20. If it does I can't afford to pay back the loan I took out for bitcoin)
"Strong hands"
are people who only sell at their targets. (e.g. I will sell at $2500 or if it goes below $200)
"HODlers"
are the ultimate strong hands and go for max profit or max pain. (e.g. I will sell at 100k or go down with bitcoin. Let's take that sixth whiskey *burp* while the market takes a $600 dive)
Let's take that sixth whiskey *burp*
Everyone takes one too much, once in a while. Your selection of whisky depends on your choices and your character, however:
"HODlers"
are the ultimate strong hands and go for max profit or max pain. (e.g. I will sell at 100k or go down with bitcoin.
are the ultimate strong hands and go for max profit or max pain. (e.g. I will sell at 100k or go down with bitcoin.
"Strong hands"
are people who only sell at their targets. (e.g. I will sell at $2500 or if it goes below $200)
are people who only sell at their targets. (e.g. I will sell at $2500 or if it goes below $200)
"Weak hands"
are people who feel compelled to sell when the market takes a small dip, they give into fear or they have invested with money they cannot afford to lose (also fear). They panic sell. (e.g. The market just went down $10 O-NO quickly sell before it goes down $20. If it does I can't afford to pay back the loan I took out for bitcoin)
are people who feel compelled to sell when the market takes a small dip, they give into fear or they have invested with money they cannot afford to lose (also fear). They panic sell. (e.g. The market just went down $10 O-NO quickly sell before it goes down $20. If it does I can't afford to pay back the loan I took out for bitcoin)
What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.
You can invest and trade in currencypairs it's been done for many many years
.An investment scheme is usually a company that trades for you and tells you it will make a good profit and lose your money
"Weak hands"
are people who feel compelled to sell when the market takes a small dip, they give into fear or they have invested with money they cannot afford to lose (also fear). They panic sell. (e.g. The market just went down $10 O-NO quickly sell before it goes down $20. If it does I can't afford to pay back the loan I took out for bitcoin)
"Strong hands"
are people who only sell at their targets. (e.g. I will sell at $2500 or if it goes below $200)
"HODlers"
are the ultimate strong hands and go for max profit or max pain. (e.g. I will sell at 100k or go down with bitcoin. Let's take that sixth whiskey *burp* while the market takes a $600 dive)
What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.
If strong hands includes miners who refuse to sell below $2000, count me in!
Even strong hands get weaker over time. Gravity.
I suppose your comment has merit. But I think that it isn't a completely proportional concept to price rising.
When the prices rebound and remain stable strong hands get stronger. As they can expect to know the price is going to rebound as it has so many times before. Hence the load the truck with more bitcoins even though the price has risen over 1000% in a year.
This. Also, I believe that hands are getting stronger at a faster pace than that of the inflow of new coins and new selling pressure on the market. The dive from 1200$ was a huge workout for many, a considerable number of shaky hands have probably matured and grown stronger/more confident by now.
Even strong hands get weaker over time. Gravity.
I suppose your comment has merit. But I think that it isn't a completely proportional concept to price rising.
When the prices rebound and remain stable strong hands get stronger. As they can expect to know the price is going to rebound as it has so many times before. Hence the load the truck with more bitcoins even though the price has risen over 1000% in a year.
Don't forget about the bears that were spending their time spreading fud. They get the finger also if you ask me but that is nothing new.
Even strong hands get weaker over time. Gravity.
Looks like China has wiped out the weak hands and the strong hands are responding by giving China FUD the finger. Today has been a good day, I know the price dropped a tad but that's the key IMO.
Jump to: