Anyone else think "long term" hodlers are idiots?

[BeGoods]

Maybe they are idiots or not just stupid enough to sell cheap, every person as their own goals, I might wish to sell 100btc for peanuts and other person want 10 houses for 1 btc, It does not matter. what matters everyone has his choice to make and should whatever pleases them with coin! it's nobody's business!

only fake holders that hold and then sell at a cheap price in panic. yeah everyone does have its own purpose. but not everyone is able to maintain their goals. including fake holders who are unable to discipline and survive in holding their coins. and actually sell at low prices

[btc_angela]

Maybe they are idiots or not just stupid enough to sell cheap, every person as their own goals, I might wish to sell 100btc for peanuts and other person want 10 houses for 1 btc, It does not matter. what matters everyone has his choice to make and should whatever pleases them with coin! it's nobody's business!

only fake holders that hold and then sell at a cheap price in panic. yeah everyone does have its own purpose. but not everyone is able to maintain their goals. including fake holders who are unable to discipline and survive in holding their coins. and actually sell at low prices

I wouldn't call them fake holders. Maybe they are really noob investors and just thought its cool to hold their coins, but once the market goes down they panic and sold everything and decided not to go back. Their lack of understanding is the real cause of it that's why their goals are not met. So they are not holders after all.

[deisik]

Maybe they are idiots or not just stupid enough to sell cheap, every person as their own goals, I might wish to sell 100btc for peanuts and other person want 10 houses for 1 btc, It does not matter. what matters everyone has his choice to make and should whatever pleases them with coin! it's nobody's business!

only fake holders that hold and then sell at a cheap price in panic. yeah everyone does have its own purpose. but not everyone is able to maintain their goals. including fake holders who are unable to discipline and survive in holding their coins. and actually sell at low prices

I wouldn't call them fake holders. Maybe they are really noob investors and just thought its cool to hold their coins, but once the market goes down they panic and sold everything and decided not to go back. Their lack of understanding is the real cause of it that's why their goals are not met. So they are not holders after all.

I guess he didn't mean it to be offensive

He probably meant they were weak and didn't stick to their guns. But that's bullshit, of course, as most of these so-called holders became such against their will. Their goal was as simple as one, two, three, i.e. to buy now and sell later, for a profit, obviously. It is actually not a bad strategy on its own, at least, as long as you don't forget to get out as quickly as you got in when the market turns against you. This is the part which they failed to stick to and thus became holders, fake holders from the beginning, as that was not their true intention

[goaldigger]

Not because the market continued to fall within 2018 to present then it doesnt mean that long term holding is a shit. Its what being safe while waiting mean. If the price increases , and long term holders earn triple, do you think its still being idiot?

[Question123]

longterm holding is smart, because for sure you will get more money compared if you choose the shorterm.

Shorterm: You can get some profit only it takes few months it depends to the coin when it increase sometimes it increase only weeks so you can sell it and you can earn more money too but only low percentage to happen.

Longterm: You can get more profit takes few years and you have a lot of patient. But maybe your waiting will be waisting if the coin is not potential to rise.

[BigBos]

well, some people feel that holding for a very long time is an idiot. in fact we don't judge people from that, because sometimes it's not just based on profits. well, but in matters of profit, sometimes people who hold back very long, miss the opportunity to get a big profit.

[bitcointlkacc]

If someone calls an idiot person who has invested in, for example, 2012 and keeps coins for now, then he becomes an idiot himself.
An idiot is someone who invested in Q4 2017 and sells now.

[BLAST2MARS]

I can only say that these long term hodlers are complete idiot when they did not sell half or more than half of their portfolio when every coins has reached moon. We should always sell a portion when there's a good opportunity because those virtual coins aren't like antique painting or figurines that will multiply their prices when years go by.

[bitbunnny]

No, I don't think so. Actually, no matter how it looks now I think that long term investing in Bitcoin is the most profitable and less risky. But everything depends on circumstances, when exactly did you buy Bitcoin and for how long did you keep it and when did you sell it. So, to my opinion isn't every decision has its background and should be estimated according to circumstances that were valid at that time.

[traderethereum]

If someone calls an idiot person who has invested in, for example, 2012 and keeps coins for now, then he becomes an idiot himself.
An idiot is someone who invested in Q4 2017 and sells now.

You are right, and I am sure that person will be the smartest person who can make a bigger profit in 2017 if he sold his bitcoin at a very high price. And the other people who came to bitcoin in that year only make the worst investment ever but don't afraid because bitcoin will increase in the future. So you need to be patient to hold your bitcoin and don't even think that bitcoin cannot rise for a long-term because bitcoin will prove that bitcoin is too strong and can rise in every time.

[mohucool]

I don't think long term hodlers are idiot , if you see in long term price has consistently increasing moreover it also depends which project you believe in long term.

[bittraffic]

Long term holders definitely lose the opportunity to profit in the declining market. I didn't hold my BTC, I have dumped mine sadly, I thought of only dumping few when it hit $19k when I should have go all the way. Now I lost it all. I could have been enjoying the money that I should have. But long term holders will also gain in the future.

[BeGoods]

Maybe they are idiots or not just stupid enough to sell cheap, every person as their own goals, I might wish to sell 100btc for peanuts and other person want 10 houses for 1 btc, It does not matter. what matters everyone has his choice to make and should whatever pleases them with coin! it's nobody's business!

only fake holders that hold and then sell at a cheap price in panic. yeah everyone does have its own purpose. but not everyone is able to maintain their goals. including fake holders who are unable to discipline and survive in holding their coins. and actually sell at low prices

I wouldn't call them fake holders. Maybe they are really noob investors and just thought its cool to hold their coins, but once the market goes down they panic and sold everything and decided not to go back. Their lack of understanding is the real cause of it that's why their goals are not met. So they are not holders after all.

Whatever you call it dude. they have a bad influence because they contribute to a dump. maybe they also think that holders are idiots because holder keep holding back even though prices fall. even though the holder is looking forward waiting for the next few years. not in a short time

[btc_angela]

Long term holders definitely lose the opportunity to profit in the declining market. I didn't hold my BTC, I have dumped mine sadly, I thought of only dumping few when it hit $19k when I should have go all the way. Now I lost it all. I could have been enjoying the money that I should have. But long term holders will also gain in the future.

I mean if you didn't sell the remaining bitcoin is your stack then technically you don't lose right? You also lose if you dump it at today's price which you don't do at all. Since you already hold on it for a long time then you might as well continue to do it in the next couple of years to maximize your profits.

[Mr.grin]

if someone who is an idiot is someone who holds their assets for more than 1 year, that includes me. well, I have held back the assets that I have had so far until prices fall like this. but, however, this is a risk that I need to face. well, maybe people say idiots, but basically we don't know what happens in the future. besides, this might be an important lesson for me, and a number of other people.

[tisoysoy]

Long term holders definitely lose the opportunity to profit in the declining market. I didn't hold my BTC, I have dumped mine sadly, I thought of only dumping few when it hit $19k when I should have go all the way. Now I lost it all. I could have been enjoying the money that I should have. But long term holders will also gain in the future.

I mean if you didn't sell the remaining bitcoin is your stack then technically you don't lose right? You also lose if you dump it at today's price which you don't do at all. Since you already hold on it for a long time then you might as well continue to do it in the next couple of years to maximize your profits.

You're quite right mate, since the market now is tremendously dropped all we have to do is to hold. There is no other solution aside from holding and must be patience.

[UserU]

if someone who is an idiot is someone who holds their assets for more than 1 year, that includes me. well, I have held back the assets that I have had so far until prices fall like this. but, however, this is a risk that I need to face. well, maybe people say idiots, but basically we don't know what happens in the future. besides, this might be an important lesson for me, and a number of other people.

When your portfolio gets wiped out by 80% and you're still hodling...


... me too 

[ophyrim]

It depends on which coin/token do you have in your portfolio. And also the time frame of "long term". Because the "long term" is a relative.
But I think you should always hold BTC and also ETH in your portfolio. The small marketcap altcoins..... you are right.

[Silberman]

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.

Long term holding is for those that do not want to watch the market all day to get profits, maybe you cannot understand this but not everyone is interested in watching charts and trying to figure out what the market will do all the time, they have other stuff to do like working and spending time with their family and they see in long term holding a good option for them to invest and get profit.

[deisik]

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.

Long term holding is for those that do not want to watch the market all day to get profits, maybe you cannot understand this but not everyone is interested in watching charts and trying to figure out what the market will do all the time, they have other stuff to do like working and spending time with their family and they see in long term holding a good option for them to invest and get profit

The short answer is it depends

The long answer is it depends on how deeply you are invested in crypto. If it is something which you can safely put to rest (the proverbial "invest what you can leave to rest"), it is one thing. And it is a completely different thing if you are a Warren Buffett of cryptoinvestments (in the terms of your obsession with them, not your success, obviously). In the latter case, you simply can't help watching the charts all day long and following the prices through restless and sleepless nights as well. If you want a life, just diminish radically your financial exposure to cryptomarkets to the point of being irrelevant and your life will be full again. But that may not be something which you might be really looking for