Dear hodlers,
I was an assidous poster in the "hodl" thread, I hodled for many years, because I know I am a bad trader.
I felt a little bit scared during 2014 or so, but my investment was so little I didn't give really a fuck. During 2017 I turned maniac and I felt overinvested, but I did hodl as I was told to do.
That's bullshit. Who the fuck told you to hold, and even if someone told you to hold, you need to take responsibility for your own decision(s) whatever they are.
During 2018 I felt scared, but I hodled tight my paper wallet as i watched my new fortune fade away.
Now, almost 2019, I turned on my old bitstamp account. I felt emotional when I retyped the password after many time, I know I am a bad trader and I shouldn't do thing like that. But I did.
Today, I bought.
Seems like a decent idea, especially after more than a 80% drop in prices, after the December 2017 peak.
In reality, my fiat is still travelling thought the bank system and my bank will require all today and tomorrow and a part of the day after in order to send the money, but I'm going to buy.
Oh? So you have not bought yet, but you intend to. Still seems to be a decent plan based on what you said, so far.
It's a very small sum, but that's the first time since 2013 that I felt that hodling is not enough.
All sums are relative, anyhow. Guys and gal have to account for their own situation in order to decide an amount that works for them.
I have a friend who seemed to have been completely on board for buying on the way down and selling on the way up and dollar cost averaging, but that person got cold feet and also threw up hands because the amounts were "not large enough." Bitcoin actually allows for playing around (trading) with small amounts, so the amounts are not necessarily as important as developing a plan, attempting to follow the plan and then tweaking such plan from time to time based on sound principles.
Just checked in to write the mandatory wo post when someone buy or sell
It is not mandatory to post about buys and sells, but it seems that for you, this buying event is quite significant, especially since you have not bought since 2013. So accordingly, it seems like a decent idea to share thoughts... furthermore, practicing with your bitcoin is likely to bring a whole hell of a lot more knowledge about your investment rather than just sitting on it for 5 years... but to each their own, even though, as you know, bitcoin remains a quite dynamic space that is much different from any other investment, and a certain level of activism is likely prudent.
By the way, you do seem like you are merely buying into a kind of buy and hold approach, which, in the long run, may be sufficiently adequate, in spite of a few strong tone comments that I made in this here post that you might read as criticisms to your approach and to your description of your approach. Ultimately, if you are planning and tailoring your bitcoin approach to yourself, then the only real criticism that I have of your whole post is what seems to be a kind of failure/refusal to take responsibility in your second paragraph suggesting that you did something (or did not do something) based on someone telling you what to do.
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