Anyone else think "long term" hodlers are idiots?

[fourpiece]

Who said that? Being a hodler for long time isnt make you an idiot ,everyone who hodl for a long period sees in future  that they will become rich and they want ro prove that they are right on what coin  they hodl.

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[Reatim]

well, some people might think that those who hold in the long run are idiots. but, when prices get higher, and sell at the right time, they will surely think that they are doing something too late. well, in this case, it's better not to think about what other people think. focus on the strategies that we have made will be better in the future.

People are only saying this now that the market has been down for a very long time but at the end of 2017 long term holders were considered geniuses for holding their coins for so long, and I am sure the image that we have of long term holders will change once again once the price of bitcoin begins to skyrocket and people will wish they held like them but by then it will be too late.

Exactly!

Long term holders are definitely not idiot. At least they are not trying to chase quick profits and getting rekt meanwhile. They are here for the trust they have in cryptos. Anyone investing for a period of more than 2 years is definitely going to earn some decent profit. Trust the technology.

Experienced will exposed everything, this thread was open 2 years ago when  we do experienced the best time of crypto bull run, it's clearly stating
that those who so called long term investors really changed the way they live now, for sure they earned the huge amount of money where nobody
imagine how big the profits that they received.

[Pattart]

Who said that? Being a hodler for long time isnt make you an idiot ,everyone who hodl for a long period sees in future  that they will become rich and they want ro prove that they are right on what coin  they hodl.

I think providing proof that you can get a bigger profit than selling it some time ago, it will slap them in the face. the price is much higher than a few weeks ago, and you know that holding is beneficial to its users at this time.

[Che454010]

well, some people might think that those who hold in the long run are idiots. but, when prices get higher, and sell at the right time, they will surely think that they are doing something too late. well, in this case, it's better not to think about what other people think. focus on the strategies that we have made will be better in the future.

People are only saying this now that the market has been down for a very long time but at the end of 2017 long term holders were considered geniuses for holding their coins for so long, and I am sure the image that we have of long term holders will change once again once the price of bitcoin begins to skyrocket and people will wish they held like them but by then it will be too late.

Exactly!

Long term holders are definitely not idiot. At least they are not trying to chase quick profits and getting rekt meanwhile. They are here for the trust they have in cryptos. Anyone investing for a period of more than 2 years is definitely going to earn some decent profit. Trust the technology.

Well, long-term holding is relatively safe strategy for newbies and inexperienced traders. If they go for day-trading, it is almost sure that they would lose all their funds then pack the bags and leave the market. For genuine traders, they can decide according to the situation, if it is suitable for day-trade or long-term.

[Pearls Before Swine]

Yeah, missing 2 obvious dips and buying opportunities. Ever heard about "opportunity cost"  - yeah, taht is what you get for being stupid and not seeing obvious DIPS

Somehow this thread is still alive after two years, and I was amused by the above post.  Had someone bought bitcoin in the summer of 2017 and held it they would still be in the hole, waiting for the break even point.  Buying the dips at that time for a long term holder was not a smart move.  The only way it would have been a good move would have been if they sold before December of that year.  Hindsight is a bitch sometimes.

Anyone investing for a period of more than 2 years is definitely going to earn some decent profit.

So you say, and with such confidence too.  If the current momentum continues, what you wrote could well be true but I've been into bitcoin long enough to expect the unexpected.  Some bad news pops up and boom, the trend can reverse itself.

The long-term investor is the real investor.

A short-term investor is, in fact, a trader. He need to short his assets and rebuy them at lower price, to increase his holdings.

Well said, and I do believe that distinction is widely made in the world of finance.  That's why day traders are called day traders and not day investors. 

[Murat]

In crypto, long term holders are millionaire or billionaire. Imagine you bought BTC at 2011/2012 you will be one the richest person in your country. Long term hold is always good especially in this market as the market is still child & have room to grow up big. I am holding a few altcoins over a year now & going to hold till this coin hits my target. It may take a few years more but I will hold. As so far holding coins always gave holders huge profit.

If you bought bitcoin at an all-time high price (Dec 2017). I would suggest holding a max 3 years as you will be able to recover your money. But if someone bought at this price that was very foolish. Bitcoin went 20x in one year already what they were thinking when buying at the top? We might see another year with a 20x price rising. Maybe 100k in a few years.

[Deborah Christine]

I dont think so. Hold for long term is one strategy in trading to get bigger profits.  The risk is to make us wait long and there is no certainty.  Therefore before we decide to hold for long term we have to make sure the coins we hold are really good and have a good future.  A good example is bitcoin.  If you choose the wrong coin, the coins that we can hold for long term only become ashes.

[noormcs5]

well, some people might think that those who hold in the long run are idiots. but, when prices get higher, and sell at the right time, they will surely think that they are doing something too late. well, in this case, it's better not to think about what other people think. focus on the strategies that we have made will be better in the future.

People are only saying this now that the market has been down for a very long time but at the end of 2017 long term holders were considered geniuses for holding their coins for so long, and I am sure the image that we have of long term holders will change once again once the price of bitcoin begins to skyrocket and people will wish they held like them but by then it will be too late.

Exactly!

Long term holders are definitely not idiot. At least they are not trying to chase quick profits and getting rekt meanwhile. They are here for the trust they have in cryptos. Anyone investing for a period of more than 2 years is definitely going to earn some decent profit. Trust the technology.

Long terms holders are the ones who stores the bitcoin and other coins and do not trade. Traders might lose in short term but the holders will never lose. It is obvious that with the passage of time, the value of the coin will increase , so if you can hold coins for long term, it is indeed the best for you.

[Wexlike]

In crypto, long term holders are millionaire or billionaire. Imagine you bought BTC at 2011/2012 you will be one the richest person in your country. Long term hold is always good especially in this market as the market is still child & have room to grow up big. I am holding a few altcoins over a year now & going to hold till this coin hits my target. It may take a few years more but I will hold. As so far holding coins always gave holders huge profit.

If you bought bitcoin at an all-time high price (Dec 2017). I would suggest holding a max 3 years as you will be able to recover your money. But if someone bought at this price that was very foolish. Bitcoin went 20x in one year already what they were thinking when buying at the top? We might see another year with a 20x price rising. Maybe 100k in a few years.

2019 has not started with a not-so-bad note but as of today, Bitcoin price soared to a 4-month high above 4900 USD and its time for the cryptizens to celebrate. Wences Casares, the CEO of Xapo and a board member of Payal has been an ardent supporter of Bitcoin and has recently said that Bitcoin value might surge by atleast 250X in the near future. It looks like the bull run has already started and this time it's not going to stop.

Bakkt has already raised $182.5 million and is supported by 12 partners including Pantera Capital, Boston Consulting Group, Galaxy Digital and many more. The owners of Galaxy Digital, the Winklevoss brothers recently stated in the Aske Me Anything(AMA) session that Bitcoin is the most likely winner in the long term.

So let's start the wild ride

[Rune]

these long term holders are the ones making the most money as long as they end up selling in the end
once bitcoin starts getting to like 100k I doubt being a bag holder will be a good idea past that

[Deborah Christine]

There is nothing wrong if we prefer to hold for long term. It's just that the risk of holding for long term is far greater because it can be a coin that we hold for 2 years the price actually goes down from the first city to buy. For example the price of bitcoin is much cheaper now compared to 2017.

[ChrisPop]

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.

Your perspective is not right IMO. Investors are usually looking on long term 5,10 or more years. On the other hand traders ( real traders) can play with the market and make some short term profits. The best example is people who invested in Bitcoin when it was a few bucks. Most of them sold them early but a bunch hodl it and they are now richer than ever.

[xvids]

Why would they be idiots?
They are aiming for the future price and it is true that the market is unstable but that doesn't mean that the price wouldn't go up in the future.
Crypto is being adopted more and more each year and we could see how it grows.
How could you laugh at them for holding it for a long time,Most of the holders that become rich might be the one who is laughing at your statement .

[Ahab_Hunter_of_BearWhale]

"Long term is for losers."
Eh, better to lose in the short term while playing for the longterm.

[kennen1113]

Why would they be idiots?
They are aiming for the future price and it is true that the market is unstable but that doesn't mean that the price wouldn't go up in the future.
Crypto is being adopted more and more each year and we could see how it grows.
How could you laugh at them for holding it for a long time,Most of the holders that become rich might be the one who is laughing at your statement .

They really are not idiots because when they choose this strategy, they have their calculations, they know what opportunities and situations can come to them in the future, and the profit they can achieve with their patience, usually profits will be huge. But this strategy is probably outdated and unsuitable for the moment when the market is very unstable, the replacement and renewal of altcoin's position is always happening, long-term holding is probably very dangerous, they need other strategies for the moment

[carlisle1]

We musy respect the rights of each others decisions

I  am pro holding because i trust the coins under my portfolio and nothing can change that

But ofcourse i also sell some coins or tokens that hit my target prices for short terms  but i stopped daytrading wayback years

[joshy23]

There is nothing wrong if we prefer to hold for long term. It's just that the risk of holding for long term is far greater because it can be a coin that we hold for 2 years the price actually goes down from the first city to buy. For example the price of bitcoin is much cheaper now compared to 2017.

Experienced will be the commanding factors when investing for long term journey, many investors who invest while the rise of 2017 are people who are very disapointed to this market, for those who can't resist to sell out with loses, its a failed investment but for people who still willing to wait there's still
hope and maybe time will come and everything will go up again and bring what supposedly expected from this investment.

[TIDOVEE]

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.

well, i dont know if there are people who hodl this long (2011/12) till date, but that is quite long to be sincere. but as for me i have being hodling since 2018 january when the last bull run ended and its because i am not in urgent need of my coin  and i wouldnt just want to waste it.

[Bitcoinsummoner]

Long term holders can be idiots if any one say bitcoin will be vanish and that person can be selected as a wise person.

[WinslowIII]

Long term hodlers idiots? what the fuck planet are you from to say such an ignorant thing? ffs, look at the price charts - long term holding always pays off, it's the traders and shorters that get wrecked. I'd have to say the biggest moron in this thread is the starter.