How to briefly describe a week hand.

[osasshem]

A weak hand can be see in different ways, but I will want to use a physical phenomena as a mode of description on this one, comparing it with Bitcoin.

Based on what I experienced today, it was a sunny day, and not long there was a weather change, and it was about raining. With a little shower, of which was not upto 1 minute. Before it started drizzling my neighbour went out for a quick take away of her undried clothes from the rain and seating down, just after taking them off the rope, the sun returned with even a higher strength and she started complaining....

Thinking about this, I coined it towards Bitcoin seeing new highs, with a little change in opposite direction, weak hands sells off their holdings to take out quick profit, not knowing the market is planning on taking a higher strength on momentum towards its upward direction, then goes out a quick sale, wanting to secure profit ending up missing the big move.

The clothes as Bitcoin
The rain as market deep
The Sun as market bull

[She shining]

Imagine leaving the clothes in the rain and waiting in a Raining season. If you an investor small changes shouldn't affect your decisions. Especially when holding a coin like Bitcoin. It's easier said than done even for OGs they find it hard to hold when we in a bear season.

[Donk1]

Nice one ,op but we should always remember that the market is unpredictable and there is no telling if the price will change and take a straight turn to the upward direction. but then that's just it a good strategy isn't about predicting the market if it is Time to buy or time to sell , that's why it's advisable to over look the market movement stick with investing what you can afford to lose and hold tight for the long run because i believe those who have weak hands often sell because of panic so yeah that's it ......

[Sammye3]

Imagine leaving the clothes in the rain and waiting in a Raining season. If you an investor small changes shouldn't affect your decisions. Especially when holding a coin like Bitcoin. It's easier said than done even for OGs they find it hard to hold when we in a bear season.

Exactly the point, we are in a bear season if I may say and the market has being very unpredictable seeing Bitcoin deep immensely recently and people losing out big time from this so it's never assured.

The only people who would leave their assets untouched are people with other sources of income and would invest for future purposes and have other side hustle that provides them with the necessary funds for their basic expenses.

They are not weak but only playing safe because of the market's volatility.

[DYOR+BTC]

A weak hand can be see in different ways, but I will want to use a physical phenomena as a mode of description on this one, comparing it with Bitcoin.

Based on what I experienced today, it was a sunny day, and not long there was a weather change, and it was about raining. With a little shower, of which was not upto 1 minute. Before it started drizzling my neighbour went out for a quick take away of her undried clothes from the rain and seating down, just after taking them off the rope, the sun returned with even a higher strength and she started complaining....

Thinking about this, I coined it towards Bitcoin seeing new highs, with a little change in opposite direction, weak hands sells off their holdings to take out quick profit, not knowing the market is planning on taking a higher strength on momentum towards its upward direction, then goes out a quick sale, wanting to secure profit ending up missing the big move.

And you think referring her as  a weak hand is the preferred option, what if the rain continued or even fall more than expected don't you think she would have been the wise one here.
On this I did not see her as a weak hand but a wise person depending on her plans for the day, every investor be it long or short is there to make profit and never lost which could prompts sudden change of mind when he or she experience strange occurance in the crypto world and a move to Savage the situation is his next line of action.

When bitcoin was esterblished, its price increment was not affected by political interference or political decisions as it is now, when Trump said of investing in crypto the price of bitcoin increased by over 10 percent from then till  which justify the actions of political plans in its price, if that could happen what then do you think can happen if most countries decides to take off the investments from it. So to be on a saver side, her decision to save the little she got is the best approach now to avoid irresistible lost at last.

[Duru_01]

A good way to describe the market movement Op, but we should also know that no one knows what the market is up to at least not 100%. But in other to curtail this type of situations, it is advisable for investors to invest what they can actually afford to lose, cause people tend to pull out from the market due to fear of losing all they have but if you're not emotionally attached to your investment, you leave it and if all things go well, you become massively profitable rather than pull out due to a bearish movement in the market

[SatoPrincess]

In more “advanced” nations, there are tools such as the weather app that tells you what the weather is going to look like at different times of the day so you can plan accordingly. By your analogy, bitcoin is the clothes; rain is bearish; and sun is bullish. I’m going to add one more, the weather app is your analytical tools (charts, news, indicators). Without using these analytical tools, everyone is bound to make mistakes.

[Perfectbaby]

The clothes as Bitcoin
The rain as market deep
The Sun as market bull

Yes I really get your explanation, although you can't blame your neighbor because s/he never knew what was going to happened in the next moment or maybe she has similar experience before where s/he leaves her clothes and immediately it start raining where s/he has to regret of not removing their clothes from the sun. Same goes to those who are trading in the market, some market correction could be a trap where you wouldn't know or detects and factor out the next movement and immediately you venture the market it traps you there quickly where you would have to regrets of not selling or selling so quickly.

[Mate2237]

You made a very important point in your analogy that, you gave in trying to drive home your point. But I must say that your analogy does not correlate with the point you are trying to make.what you should understand when it comes to Bitcoin investment is that there are different people with different reasons why they are investing into Bitcoin. There are those with a short term investment mindset these people don't believe in holding for a long period of time. There is also those with a long term investment plan these are the people that will not sell even if the price is down to it minimum because of their believe and trust they have been able to build in Bitcoin as an asset.



I will not describe someone who sell off his assets due to fluctuations in price as a lazy hand. It's a personal choice and so should be respected in as much as we encourage people to hold on for as long as possible.

[osasshem]

A good way to describe the market movement Op, but we should also know that no one knows what the market is up to at least not 100%. But in other to curtail this type of situations, it is advisable for investors to invest what they can actually afford to lose, cause people tend to pull out from the market due to fear of losing all they have but if you're not emotionally attached to your investment, you leave it and if all things go well, you become massively profitable rather than pull out due to a bearish movement in the market

Some bearish movements can make an investor/trader to exit or enter the market a bit too late/early, of which either ways can lead to losses. The best way is not to be attached emotionally to your investment, mostly if it is Bitcoin, as we know that Bitcoin amid other cryptocurrencies, has a stronger backing of always recovering from its retracement. It is always being said when investing in Bitcoin, it should be for a long run.

In more “advanced” nations, there are tools such as the weather app that tells you what the weather is going to look like at different times of the day so you can plan accordingly. By your analogy, bitcoin is the clothes; rain is bearish; and sun is bullish. I’m going to add one more, the weather app is your analytical tools (charts, news, indicators). Without using these analytical tools, everyone is bound to make mistakes.

Yeah, tools could work, with exception the clothes where newly washed and hanged for them to be dried by the available sun when the season is a raining season with rare sunshine. So, we will try to make every positive move in a consolidating market. I like the analytical tools.

[Cryptomultiplier]

A weak hand can be see in different ways, but I will want to use a physical phenomena as a mode of description on this one, comparing it with Bitcoin.

Based on what I experienced today, it was a sunny day, and not long there was a weather change, and it was about raining. With a little shower, of which was not upto 1 minute. Before it started drizzling my neighbour went out for a quick take away of her undried clothes from the rain and seating down, just after taking them off the rope, the sun returned with even a higher strength and she started complaining....

Thinking about this, I coined it towards Bitcoin seeing new highs, with a little change in opposite direction, weak hands sells off their holdings to take out quick profit, not knowing the market is planning on taking a higher strength on momentum towards its upward direction, then goes out a quick sale, wanting to secure profit ending up missing the big move.

The clothes as Bitcoin
The rain as market deep
The Sun as market bull

Your illustration is quite clear and it depicts that situation of newbie traders and investors in the crypto currency space.
Those who are quick to trade under FOMO always have the nudge to complain after the  bull market comes and well, they may have to start all over again to invest.

I think only those who have learnt from not jumping at every FOMO instance, actually enjoy their returns having exercised patient in times of volatility and this of course is gained by experience and it is sometimes a result of the joy of missing out on the bearishness of the market during the times.