Anyone else think "long term" hodlers are idiots?

[romero121]

Long terms holders are not idiot hnce they are asset of the crypto and also money maker. If there was no long term holder than crypto loss their place within a day or two. But that is not happening. Now a days long term holder decreasing that's why price decreasing too. Price can only move if there is long term holder and new investors enters into it.

I agree with you. if there are people who feel that the coin detainees are stupid people, then in 2016 - 2017, they are geniuses. well, we can't draw conclusions when prices have gone down, and say they are geniuses when prices rise. however, I always respect someone's decision, whether it's holding a coin in the long run or not, because we don't know what they are planning.

Agreed, Everyone will be having their own prediction and the plans to be executed with the support of the cryptocurrencies bullish market. Expecting such thing people go with long term as well short term holding unlike the price. In this regard one should not term a long term holder an idiot. If you consider the richest through bitcoin, majority of them were long term hodlers.

[freedomgo]

Long terms holders are not idiot hnce they are asset of the crypto and also money maker. If there was no long term holder than crypto loss their place within a day or two. But that is not happening. Now a days long term holder decreasing that's why price decreasing too. Price can only move if there is long term holder and new investors enters into it.

I agree with you. if there are people who feel that the coin detainees are stupid people, then in 2016 - 2017, they are geniuses. well, we can't draw conclusions when prices have gone down, and say they are geniuses when prices rise. however, I always respect someone's decision, whether it's holding a coin in the long run or not, because we don't know what they are planning.

Agreed, Everyone will be having their own prediction and the plans to be executed with the support of the cryptocurrencies bullish market. Expecting such thing people go with long term as well short term holding unlike the price. In this regard one should not term a long term holder an idiot. If you consider the richest through bitcoin, majority of them were long term hodlers.

We have different opinion about long term holding, well, for me, I hold long term and I'm not idiot.
I don't really care if people are saying that we, long term are idiot because we are not here for each other, we are here for the money.
So, regardless of our strategy, it does not matter anymore, what matters is the result, which is profit.

[drachman]

Long terms holders are not idiot hnce they are asset of the crypto and also money maker. If there was no long term holder than crypto loss their place within a day or two. But that is not happening. Now a days long term holder decreasing that's why price decreasing too. Price can only move if there is long term holder and new investors enters into it.

I agree with you. if there are people who feel that the coin detainees are stupid people, then in 2016 - 2017, they are geniuses. well, we can't draw conclusions when prices have gone down, and say they are geniuses when prices rise. however, I always respect someone's decision, whether it's holding a coin in the long run or not, because we don't know what they are planning.

Agreed, Everyone will be having their own prediction and the plans to be executed with the support of the cryptocurrencies bullish market. Expecting such thing people go with long term as well short term holding unlike the price. In this regard one should not term a long term holder an idiot. If you consider the richest through bitcoin, majority of them were long term hodlers.

We have different opinion about long term holding, well, for me, I hold long term and I'm not idiot.
I don't really care if people are saying that we, long term are idiot because we are not here for each other, we are here for the money.
So, regardless of our strategy, it does not matter anymore, what matters is the result, which is profit.

I agree, does it really matter how you got your profits? I do not care if I get profits holding long term or trading as long as I have more money in my bitcoin wallet I am happy, so if a person realizes he is not good at trading and holds and gets profit that way then he is taking the right decision, after all it is not like trading is easy and only gives profits.

[Bitcoinsummoner]

The bulk of cryptocurrency holders can earn in the cryptocurrency market only by long-term retention of their coins and tokens. Of course, the most profitable, but also the most risky trade in cryptocurrency. However, not everyone has the opportunity and desire to engage in trade. In this situation, the most correct solution would be to periodically trade in moments of big rises and price drops in the market. Therefore, you should not call those who hold their cryptocurrency for a long time as idiots. This is also a way to make a profit, but not the best.

For the price drops long term investor might be loser but do you think the loss will remain too long. I think once price drop they might be losser but the price will increase and then they will be profitable. And that's why they invest for long time. Okay lets say about short term trader or day trader. Thy might buy and after few minutes its drops then they will be more losers than the long term investors.

[iMark]

Long terms holders are not idiot hnce they are asset of the crypto and also money maker. If there was no long term holder than crypto loss their place within a day or two. But that is not happening. Now a days long term holder decreasing that's why price decreasing too. Price can only move if there is long term holder and new investors enters into it.

I agree with you. if there are people who feel that the coin detainees are stupid people, then in 2016 - 2017, they are geniuses. well, we can't draw conclusions when prices have gone down, and say they are geniuses when prices rise. however, I always respect someone's decision, whether it's holding a coin in the long run or not, because we don't know what they are planning.

back again that everyone has their own plans. not all users like you, by doing cutlose when prices fall and wait for another opportunity to buy at a lower price, many people are successful and rich because they are holding back from 2012 to 2017? they experience many thing like up and down price before, but in the end they made a profit. holders are not idiots, they have their own calculations

[Bitcoinsummoner]

Long terms holders are not idiot hnce they are asset of the crypto and also money maker. If there was no long term holder than crypto loss their place within a day or two. But that is not happening. Now a days long term holder decreasing that's why price decreasing too. Price can only move if there is long term holder and new investors enters into it.

I agree with you. if there are people who feel that the coin detainees are stupid people, then in 2016 - 2017, they are geniuses. well, we can't draw conclusions when prices have gone down, and say they are geniuses when prices rise. however, I always respect someone's decision, whether it's holding a coin in the long run or not, because we don't know what they are planning.

back again that everyone has their own plans. not all users like you, by doing cutlose when prices fall and wait for another opportunity to buy at a lower price, many people are successful and rich because they are holding back from 2012 to 2017? they experience many thing like up and down price before, but in the end they made a profit. holders are not idiots, they have their own calculations

Yes, in the long run on long term investors are getting benefit and will get benefit for investing time and money. And they cant be considered as an idiot.

[TravelMug]

Long terms holders are not idiot hnce they are asset of the crypto and also money maker. If there was no long term holder than crypto loss their place within a day or two. But that is not happening. Now a days long term holder decreasing that's why price decreasing too. Price can only move if there is long term holder and new investors enters into it.

I agree with you. if there are people who feel that the coin detainees are stupid people, then in 2016 - 2017, they are geniuses. well, we can't draw conclusions when prices have gone down, and say they are geniuses when prices rise. however, I always respect someone's decision, whether it's holding a coin in the long run or not, because we don't know what they are planning.

Agreed, Everyone will be having their own prediction and the plans to be executed with the support of the cryptocurrencies bullish market. Expecting such thing people go with long term as well short term holding unlike the price. In this regard one should not term a long term holder an idiot. If you consider the richest through bitcoin, majority of them were long term hodlers.

We have different opinion about long term holding, well, for me, I hold long term and I'm not idiot.
I don't really care if people are saying that we, long term are idiot because we are not here for each other, we are here for the money.
So, regardless of our strategy, it does not matter anymore, what matters is the result, which is profit.

To each his own.

We can also call those speculators who keeps shorting bitcoin in the last six months or so. Why keep shorting it when you can just buy in dip and hold for a long time?

So everyone has its own strategy whether we are in a bear or bull market. So we can't generalized investors just because they are long term holder or just shorting and taking small profits.

[deisik]

We have different opinion about long term holding, well, for me, I hold long term and I'm not idiot.
I don't really care if people are saying that we, long term are idiot because we are not here for each other, we are here for the money.
So, regardless of our strategy, it does not matter anymore, what matters is the result, which is profit.

To each it's own.

We can also call those speculators who keeps shorting bitcoin in the last six months or so. Why keep shorting it when you can just buy in dip and hold for a long time?

So everyone has its own strategy whether we are in a bear or bull market. So we can't generalized investors just because they are long term holder or just shorting and taking small profits.

I wholeheartedly disagree with this view

And as much agree with the poster you replied to. It is the end result which matters, and here the end result for the total majority of us is hands down profit. You can be long, you can be short, but your goal is earning profits. not suffering losses any way you look at it. Indeed, there are different strategies and different approaches as to how we get there based on our understanding of the market (as well as misunderstanding, for that matter) but each of us wants profits in the end, not losses

[Wilhelm]

I agree that I am an idiot. Hopefully someday a rich idiot

[dogtana]

Holders may be idiots in the current average mindset of the crypto crowd, but it was traders that crashed the market.

[thecodebear]

hmmm long term holders in an exponentially booming market are....idiots??

Maybe OP is confusing the words rich and idiot.

[keystroke]

Holders may be idiots in the current average mindset of the crypto crowd, but it was traders that crashed the market.

And it was traders that provided the huge run-up.

[Bitcoinsummoner]

I agree that I am an idiot. Hopefully someday a rich idiot

If long term investors are idiot then I am also an idiot as I am a long term investor. I will only sell once it reach on my dream price. Until the price reach on my dream price I will hold in any cost.

[dogtana]

Holders may be idiots in the current average mindset of the crypto crowd, but it was traders that crashed the market.

And it was traders that provided the huge run-up.

Buyers did that, not traders.

[lienfaye]

Im a long term hodler but im not an idiot. We have our own reasons why we keep hodling, some investors missed the right timing while others have a target price on when to sell just like me and I dont see anything wrong with that. Atleast we are wise enough not to cut losses just because we are afraid the market wont recover anymore. Patience is the key so if you dont have it then long term hodling is not for you thus dont call hodlers an idiot.

[BlackPanda]

Im a long term hodler but im not an idiot. We have our own reasons why we keep hodling, some investors missed the right timing while others have a target price on when to sell just like me and I dont see anything wrong with that. Atleast we are wise enough not to cut losses just because we are afraid the market wont recover anymore. Patience is the key so if you dont have it then long term hodling is not for you thus dont call hodlers an idiot.

For a long-term investor, patience becomes a very important point. That's why most hodlers are always sure of what they do, it's not without reason because they do the best analysis possible. Indeed there are still failures, but as experience increases, it will make the hodlers better at making decisions.

[imstillthebest]

im not a hodler but im an idiot not only me but all of us in this world are idiot because no one is perfect . we all experience to become an idiot mostly when we are young but eventually as we grow older we can change our mindsets  .

I agree that I am an idiot. Hopefully someday a rich idiot

rich idiot is better than poor idiot anyway . lol

back again that everyone has their own plans. not all users like you, by doing cutlose when prices fall and wait for another opportunity to buy at a lower price

doing cut loose is an idiotic  move . why would you sell for loss but eventually you will buy again at higher price .  why cant you just dont sell at all  . you dont loose no matter how the market dumps as long as you didnt touch your coins .

[Farma]

I agree that I am an idiot. Hopefully someday a rich idiot

If long term investors are idiot then I am also an idiot as I am a long term investor. I will only sell once it reach on my dream price. Until the price reach on my dream price I will hold in any cost.

you're right, that also applies to me, and most of the people who are here. I think that can't be said as an idiot, because it's still our choice, and our own will. well, we never knew anything like this would happen, but I don't think that's something idiot

[eaLiTy]

For the price drops long term investor might be loser but do you think the loss will remain too long. I think once price drop they might be losser but the price will increase and then they will be profitable. And that's why they invest for long time. Okay lets say about short term trader or day trader. Thy might buy and after few minutes its drops then they will be more losers than the long term investors.

Being a long term investor does not mean that he must not take positions according to the market situation, i am a long term holder of bitcoin and i made my profits when the market rallied to all time high valuation, i knew that a big correction was inevitable after a huge rally and i started selling my coins when it touched ten thousand dollars as that was my initial target and sold all my coins after crossing 17k$ because i was expecting a correction anytime but it rallied further, no regrets what so ever for not selling at the peak as it is very difficult to predict when the correction happens. So just take your positions according to the market situation even if your goal is long term.

[Idrisu]

Before holding bitcoin for long was one of the major ways we have made money in the past and I didn't think that is going to stop. It is not foolishness to hold an asset for long-term because some investors has made their minds for that already.