Anyone else think "long term" hodlers are idiots?

[BTCtrader71]

OP apparently thinks he's some kind of genius who knows how to call the peaks and the dips before they happen.

I know the market.

Some of us realize that calling the market is not so simple.

obvious dips is obvious in retrospect.

HAHAHA, obvious in retrospect only if you are dumb maybe.

Truth is that he's ruled by his emotions just like so many other day trading sheeple. He was a bull but his spirit was broken by the 2014 bear market.

I was a denial bulltard, but now I see the truth. I just want to spread it.

Here's what his crystal ball told him three months from the end of the bear market, with price in the low $300's:

Bitcoin is officially dead.

In the end as long as an ATH is reached again, which it will, you will profit tremendously.

HAHAHA DELUSIONS! IT WON'T.

tl;dr: OP is bitter because he dumped in 2014 and never bought back in.

[600watt]

I just think people who continue to use "Hodl" are idiots.

Nothing wrong with long term holding. The problem I have is when they are willing to hold it back to zero just because *insert Bitcoin maximalist reasoning here*.

hm. i have seen smarter posts you wrote.
how many times you wrote bitcoin will go down massive, but instead bitcoin price has risen massive? and put that in contrast to how many times it was clever to listen to you since bitcoin actually went down to zero?

I rather be a (rich?) bitcoin maximalist hodler, than a (smart?) bear like you harping the old "bitcoin goes to zero" tune.

finally, maybe bitcoin did never go back to zero exactly because "idiotic" maximalist hodlers?

[Sevvero]

Hey, holders! Still loving seeing your money burn to nothing loool

[audaciousbeing]

Funny how every time the market is in a recession and losers keep holding on to their losses they magically become "long term" holders.

God damn it, "long term" is such a stupid meme. Admit it, you wanted to get rich quick and once you realised you are too dumb to swing trade you suddenly became a "long term" loser.

Such idiocity.

You think Dan Balzerian held anything "long term"?

Long term is for losers.

If any one wants to hold and keep their losses within their acceptable limit, I don't think there is any fault in doing that and moreso its their responsibility and their losses in which they are not complaining to anybody about it. We should even thank them for holding because if everybody should dump at the same time, then we are looking at price rocking the bottom in no distant time.

[gentlemand]

There's no way I can be arsed to time markets.

I don't trust any exchanges. Even if they're technically solid, I might get caught up in a verification death loop. Also selling to buy back is a taxable event where I'm at and I can't be bothered with that shit either.

Horses for courses. I'm willing to bet the majority of these trading gods wind up with less coinage in the end.

[Bitcoinsummoner]

Hey, holders! Still loving seeing your money burn to nothing loool

How actually burn? and why you want to encourage them to sell? to take their lose?
Honestly bitcoin still had a potencial to see increase its value so holding your bitcoin for a long time is not a problem because you can recover your loses and make profit.. because if you sell your bitcoin in low cost you will lose.. that is why we are buying bitcoins for low price and sell them in the higher price.. if we don't hold for a long time we'll not gaining any profit. .

[btc_angela]

Hey, holders! Still loving seeing your money burn to nothing loool

How actually burn? and why you want to encourage them to sell? to take their lose?
Honestly bitcoin still had a potencial to see increase its value so holding your bitcoin for a long time is not a problem because you can recover your loses and make profit.. because if you sell your bitcoin in low cost you will lose.. that is why we are buying bitcoins for low price and sell them in the higher price.. if we don't hold for a long time we'll not gaining any profit. .

Exactly, the price is still high for me eventhough the current price is dipping. There are people holding onto their bitcoin for simply believing it can go high in the future. So if you buy at $4000 and seeing the price right now is already 6x of your investment. So I don't see a problem holding bitcoin for a long time.

[DrGuns4Hands]

Stacking a lots of coin are not idiots like me. We are holding our bitcoin because we believe that we can get 10x more than the price today yes its not this year but it will come if you can just watch some facts about bitcoin you will know what i mean by this

[harizen]

Looks like OP got wrecked recently in trades.  Mind sharing it? You will not have a thoughts like that if you just noticed it to others. Maybe you owned some of the altcoins and now because bearish market are dominating today, your portfolio crashed and I just wondered if you sold it now or still holding the rope. Long term holding is applicable obviously in bitcoin even just looking at it's spectacular price performance history. But remember that it's not applicable to some of the altcoins where the usual scenario is pump and dump and go.

The term long term holding will not be created if it's not effective at most of the cases. If you are really a crypto enthusiast, you will realized how good long term holding is. There is no instant quick big profits earnings in holding because you need patience here.

[Reid]

You wont be seeing this large amount of price if it aint for those holders that you are calling "dumb".
You are profiting thanks to them.
Starting something like this wont get them to sell it. This people are strong enough to hold it for a long time.
Patience. They have that. Do you think they wont have patience for you?  

[deisik]

try asking that question to someone who long term held from 2011/12 until now. they would laugh in your face and then probably spit in it too

That made my day, wtf

I will certainly try to memorize that phrase. Regarding long-term holding versus short-term trading, there is a good saying which says about someone who went for wool but came back shorn. If you are in for a quick buck, you should certainly use stop-losses. Otherwise, you are looking for trouble and can get caught naked (as per Warren Buffett). Short-term traders are a completely different folk that long-term holders. You can't be both or switch between the two

[AlcoHoDL]

I bought my coins when they were selling for $200 each, and held them ever since. I've made tens of thousands of dollars in less than 2 years. I'm still holding. You can call me an idiot all you want... I'm happy with my choice and recommend all to keep their coins unless they absolutely need the fiat for something urgent. I may well (and am prepared to) lose most/all of it, but I do believe deeply in Bitcoin and trust that it will rise to 5-/6-digit values in the coming years.

So, I say, "Good things come to those who wait HoDL"...

[skorupi17]

God damn it, "long term" is such a stupid meme.

How come that holding coins for a long term is a stupid act when in the end they still have profits earned?

Admit it, you wanted to get rich quick

Not all and you have no proof for that.

Such idiocity.

Call some people out there idiot who earned thousands of dollar by just holding in a long term. Also those who have gained 100x or more compared to the amount they invested in.

The only idiocy I see is using the term "idiocity" when it does not exist.

Long term is for losers.

Long term is for people who have patience.

[Tamilson]

Long term is for losers.

Wew it made my life! 
 Just like do you ever know what these two words means?
How could you say that? Is there any thing that happened to you when you hold your bitcoin in long-term? Like I just don't get it where they come from.
Well, the only loser here is the one who posted it.
Won't explain it further.

[Real_Person]

I have done a bit of stock trading and balance is the key. When a market is obviously overheated you can sell some gradually and hold at least 25% for the long-term. Then when you buy it all back on a big dip, you have more shares than before. Perfect timing is not possible, but you can be selling (at least some) at the top, and the same for buying at/near the exact bottom.

This is such good advice, I should be asking for tips. In respect of the memory of an old friend:
"Do not pay me, just remember to do something really nice for someone else someday".   

[ilovefeetsmell]

Long term is for losers.

Long term does mean you are a loser. It is okay of holding the Bitcoin for a long time but the big question is how you assure that your bitcoins are safe and secured.? Holding and saving your Bitcoin is the best way to earn big. If you think it is an idiot for you, Why are you here then? If you are not believing what a Bitcoin can do for the incoming years, so leave it. Find another way to earn money. Bitcoin helps people for their expenses in life. Called yourself an idiot for not holding bitcoin though.

[Netnox]

I wouldn't consider them as idiots, but it also depends on how long your "long-term" is. Being a digital asset, Bitcoin is not going to last forever. Ultimately, it is going to get replaced with something better. So in my opinion, there is no point in holding your coins for 20 years or 25 years.

[ethereumhunter]

i don't think that they are idiots, i think they are really understand what the meaning of investment. they know and they believe that if they invest their money in something, they should wait for year, two year or more. once they see that their investment is grow then i am sure they will give a big smile and they will told us that "this is what i tell you in a few years ago but you didn't believe me".

[tokeweed]

Funny how every time the market is in a recession and losers keep holding on to their losses they magically become "long term" holders.

God damn it, "long term" is such a stupid meme. Admit it, you wanted to get rich quick and once you realised you are too dumb to swing trade you suddenly became a "long term" loser.

Such idiocity.

You think Dan Balzerian held anything "long term"?

Long term is for losers.

It really depends on your strategy.  If you want to invest for the long term then your only option is Bitcoin and maybe a couple of other cryptocurrencies like LTC and XMR.  At least that's what I think that's good for long term storage.

If you want to use this type of strategy then where you enter will really matter a lot.  Getting in as a long term holder when everything is over priced would be a stupid proposition, but going in ahead of everyone while a coin is undervalued would pay you more on average than day and swing trading, unless the day/swing trader is a pro.  Which in these parts, there's not much of them. 

[CoinCidental]

Funny how every time the market is in a recession and losers keep holding on to their losses they magically become "long term" holders.

God damn it, "long term" is such a stupid meme. Admit it, you wanted to get rich quick and once you realised you are too dumb to swing trade you suddenly became a "long term" loser.

Such idiocity.

You think Dan Balzerian held anything "long term"?

Long term is for losers.

Still have   my $3 bitcoins , and a fuckload of cheap eth i bought for like $6 when something was hacked last year
but you keep smoking your resentment pipe son ,its obviously getting you ............somewhere