ITT: We laugh at idiot HODLers [OFFICIAL THREAD]

[bkbirge]

Frankly we need both traders and holders. Traders provide liquidity and holders provide value.

[Sevvero]

If you can't time inefficient market such as crypto for tips and dips, then wtf is wrong with u loool

[LFC_Bitcoin]

Is this the thread where we laugh at idiot TARDers?

Some simple aren't smart enough to realize they're being played for fools by exchange operators and are foolishly risking their money by leaving it exposed on the internet.

Others are simply compulsive gamblers who get antsy at the thought of long-tern compounded growth and feel the need to play with their money.

What a waste. Sigh.

Hear Hear! Good posting as usual Jimbo. Yeah idiot hodlers like ourselves are so retarded. I mean I'm only like 600% up on my total investment into bitcoin.

What an ass hole.

[tabas]

you buy and sell to get profit.

Wrong. You buy and hold to get profit, unless you'd rather take your profit in fiat currency instead of Bitcoin.

Why take your profits in a lower yielding currency instead of compounding your earnings by reinvesting in Bitcoin?

That is what I mean, selling to convert it to fiat currency. And well I forgot the holding part, we have our very own needs to purchase with the use of those profit that will be taken from your holdings and that's what I do. But still if there are still some excess from it, I still reinvest it to bitcoin though it won't be big anymore but as an additional holding power, it's good.

[1Referee]

Hodlers, are they dumb? Not at all. Are they limiting themselves? Possibly. I am a solid holder, and at the same time a more than profitable trader. I am not amongst those that limit themselves to do just one thing, while they could do both holding and trading at the same time, without any problems. The fluctuations that this market experiences are so repetitive, that it's almost unreal when you realize how easy it is too book profits. This year, if you haven't been able to double your initial investment directly from the price that has more than doubled, or from the wide fluctuations, you're definitely sleeping...

[Sniper44]

OP is forgetting the fact that trading bitcoin is a huge risk. and that risk is not just predicting the price and which way it will go, it is also the risk of the exchange itself that we are using!

when you put your money and bitcoin on an exchange they can run away with it easily at any time! even if you just made a deposit 10 minutes ago!

and the other risk that i didn't see anybody else mention and it is a pretty big risk which is becoming common this days is the risk of exchange website going down!
you think you are going to sell on top or buy at the bottom but the platform simply stops working, you get an HTTP error when trying to access it and when it comes back online you see price has changed...

how much money will you lose if price drops from $2900 to $2400 and you are sitting behind the computer hitting F5?
how much money will you lose when price rises from $2050 to $2400 and you are still hitting F5?

a HODLER is laughing at you for each F5 you press

[Seansky]

OP is forgetting the fact that trading bitcoin is a huge risk. and that risk is not just predicting the price and which way it will go, it is also the risk of the exchange itself that we are using!

when you put your money and bitcoin on an exchange they can run away with it easily at any time! even if you just made a deposit 10 minutes ago!

and the other risk that i didn't see anybody else mention and it is a pretty big risk which is becoming common this days is the risk of exchange website going down!
you think you are going to sell on top or buy at the bottom but the platform simply stops working, you get an HTTP error when trying to access it and when it comes back online you see price has changed...

how much money will you lose if price drops from $2900 to $2400 and you are sitting behind the computer hitting F5?
how much money will you lose when price rises from $2050 to $2400 and you are still hitting F5?

a HODLER is laughing at you for each F5 you press

That is true but to prevent that, many trades at a reputable exchange so that they can trade conveniently during that times. It ain't bad being a hodler and a trader when that time happens the only thing that differs in them is the risk involved. Hodling holds less risk because you will only sell seldomly, while trading time to time has huge risk because if someone buys and sells and rebuys at a bad point, it would end as a loss but still both give profit.

[Sniper44]

....

That is true but to prevent that, many trades at a reputable exchange so that they can trade conveniently during that times. ...

this happens exactly to the "reputable exchanges" not the small ones! for example it was Coinbase that had a lot of problems a couple of days ago during the price volatility period. but some place small such as c-cex had no problems.

[Slow death]

Here we laugh at idiot hodlers who are too dumb to sell the peaks and buy the dips and instead hodl like the stupid meme sheep they are.

So DUMB!!!

Retard alert.

 

This thread will be very funny,



 it would be great if people gave good suggestions to those who are starting to trade... at least people would learn something

There is the option to buy bot to make trade

 https://bitcointalk.org/index.php?topic=1715214.msg17180511#msg17180511

[richardsNY]

Looks like someone made a few bucks of profit whilst trading.... Hooray!!! Hodling is easy, it allows you see your wealth increase with zero actual effort, you don't have to expose yourself to the heavy volatility of the market, etc -- isn't that convincing enough? Don't forget that it's easy to say that trading allows you to sell at tops, and buy at bottoms, but this in reality is exactly what most people here are struggling with.

[oaks05]

day trading isnt for everyone, watching the prices min for min isnt worth it for me unless your real good at it ull just lose money, bitcoin has had big drops to only come back to its reg price, holding is the smartest thing you can do if you believe bitcoins value will keep going up over time.

[V1saya]

day trading isnt for everyone, watching the prices min for min isnt worth it for me unless your real good at it ull just lose money, bitcoin has had big drops to only come back to its reg price, holding is the smartest thing you can do if you believe bitcoins value will keep going up over time.

True that. For those active traders of course quick trades works for them. Investors are not dumb enough with their moves.

[Jeezy911]

Here we laugh at idiot hodlers who are too dumb to sell the peaks and buy the dips and instead hodl like the stupid meme sheep they are.

So DUMB!!!

Translation: "I sold my load and am now praying for a drop" In my 5 years playing around with Bitcoin, I have only found one certainly. You, and nobody else knows what the fuck is going to happen to the price.

[Sevvero]

This thread deserves a well deserved BUMP.

Looks like I was right wasn't I? Top lol

[DeathAngel]

Let’s all laugh at the idiot OP & his minions who are butthurt at having little to no bitcoin’s so they feel the urge to try & mock the COINERS.

Those in glass houses shouldn’t throw stones.

[Sevvero]

Let’s all laugh at the idiot OP & his minions who are butthurt at having little to no bitcoin’s so they feel the urge to try & mock the COINERS.

Those in glass houses shouldn’t throw stones.

lol look at my registered date. 2013 baby. That is when I bought them, held through bull market and dumped on hodltards in the great rush at 15k+.

Cry more. Just because you are too much of a brainlet to identify black on white market trend doesn't mean everyone else is.

Thanks for making me rich as hell.

[cdooer]

Wow, this thread didn't age well. hahaha