Steady profits

[freightjoe]

Many in here say they have steady profits with Bitcoin. Also they keep promoting the "hodl" strategy to get those steady earning.

This is exactly the same as being in a casino betting all your money on red on the roulette.

Right now we have been lucky, and red have won 10 times in a row. And you are using that as an argument that betting on red is a good profitable strategy?

"hodl" as a strategy only works as long as you keep being lucky.

As we all know, long-term there is only one winner in the casino, and that is the casino itself. In Bitcoin, the only long-term winners are the miners and the people owning the exchanges.