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Author Topic: Hodler, you motherfucker.  (Read 20970 times)
Lucius
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December 20, 2018, 02:51:51 PM
 #21

It all started so innocently. Why not give crypto a try? All the guys at work are talking about it. Shitcoins, ICOs, Tethers, Smart Contracts. You wanted in. It was the Next Big Thing, you fucking idiot.

So you put a little money in the crypto market in 2018. How do you feel today? Portfolio in the red. You don’t even want to look at it. Hodl, they all said. It will come back after the FUD, they all said. And now you’re numb, and depressed, and can’t even afford a bottle of Jack to drown out the pain.

You’ve learned (hopefully) that hodling is bad...


You write this from the perspective of investors who invest in 2018, or in late 2017. No doubt that those people feel bad, or perhaps deceived/scamed, but they just invest in bad time. If some of them invest for long-term (5-10 years) they are good today, altogether does not matter that markets are in red or it will be in next years. Only people who panic and sell can now complain about the lost money.

On the other hand there are those smart hodlers who knows to read some basic of the crypto market (accumulation, pump, correction) and profit from that.

Let's take a example of person who own 1 BTC in December 2017 and that person buy that BTC for 1000$. If that person sell then he/she will made very nice profit, but even if option was to hold until today the loss still does not exist.

Now we know that the smartest move would be that 1BTC is sold for 20 000$, take 5000$ for some good things and 15 000$ for future investment. Few days ago you could buy 5 BTC for that money and wait for next bull run.

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Renaldi blackspadeteam
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December 24, 2018, 12:04:15 AM
 #22

You have said the truth, because the Bitcoin Hodl and Hodl crypto are not good for trade, they may think too positively and make them regret, the decline in bitcoin prices is proof that the Hodl is not good for trading strategies, it is better to do daily trading and if busy with real work can hire a trading bot and I say thank you for reminding me and the other traders.
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December 24, 2018, 12:43:33 AM
 #23

Good job!
Yeah I think trading is much better than holding , the important thing is the capital , You have started with 1 bitcoin and that's the point , The main capital could decrease the risk of trading if it is much enough , if not you need to look forward to bigger percentages and that could cause more risks , I hope you success in that trading way!
we need courage in trading, large capital in trading does not determine success, there needs to be a detailed study of price movements, because with sufficient knowledge can make us avoid big losses. there should be a price benchmark for us, where we can get a clear picture of potential increases in the future.
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December 24, 2018, 03:39:47 AM
 #24

This is the biggest problem that many of the younger or less inexperienced traders need to understand. Certain downfalls of the bitcoin and/or crypto market are not the end of the world, and long term investors will most likely not result in a long term financial loss for them.

S good knowledge of the crypto environment helps, but theres no reason to start panicking, as that's really the only reason BTC and other crpyto has dropped so much in the last few months/weeks. Smart trading is usually the best method of gaining capita as it takes advantages of boths ups and downs of the market. Though panic selling is what kills the market, as well as the community as a whole.

Smiley
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December 26, 2018, 08:22:46 AM
 #25

Lol, I kept laughing while reading this didn’t your friends tell you that you’re meant to invest what you can afford to lose? Why would you invest all you have in cryptocurrency, didn’t you read about it to know the risks involved? Google is right there and you should have made some research to know exactly how it works. It is not free money and here is no guarantee you will make money, you either go broke or succeed.
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December 26, 2018, 01:42:47 PM
 #26

It is not free money and here is no guarantee you will make money, you either go broke or succeed.
That's a very toxic mindset, but unfortunately, what people subject themselves to due to their stupidity. OGs buy in because of the whole idea behind it and that motivates them to hodl through any market cycle effortlessly.

It requires a long term view, but it's one that will bring in the real growth instead of people desperately trying to swing trade without success. It's almost like gambling for them. After a loss they try to win it back but lose even more....

There is no "free money" left to be made like was the case last year. The bubble popped. It really didn't matter what coin you bought last year, it went up a lot. Everyone suddenly became an expert at that time. Now nothing is left of that.

BSV is not the real Bcash. Bcash is the real Bcash.
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December 26, 2018, 02:17:16 PM
 #27

it is better to do daily trading and if busy with real work can hire a trading bot and I say thank you for reminding me and the other traders.
Don't even think that you can easily just use trading bot for reminding you to do buy/sell on cryptocurrency, because when it makes the mistake you will be insta-regret for what you have done without thinking before doing anything.

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hubballi
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December 26, 2018, 02:36:49 PM
 #28

What OP is telling is the true facts about trading, Never lover any stock or coin, as in long it will always give pain. When ever their is profit just book it and wait for the coin price to go down and then buy back. The good coin always go up and down so this way you can make profit and increase your volume of invested investment.

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December 27, 2018, 07:41:35 AM
 #29

if you think about holding at this time. you will dead soon
I feel and this is what I have heard from the successful people who work around the Bitcoin and in blockchain that it is the time of disparity of course but it will end soon and Bitcoin will raise again.
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December 27, 2018, 08:01:45 AM
 #30

I’m sorry, those people deceived you. I can’t tell anybody about Cryptocurrency without letting them know that price will still drop some day and might even drop at the moment they buy it. Last year when there was bull run, my friend discovered I was making profit from cryptocurrency and he wanted to buy, but I warned him that if he’s going to buy, he should also be aware that price might drop at anytime.
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December 27, 2018, 08:28:27 AM
 #31

Last year when there was bull run, my friend discovered I was making profit from cryptocurrency and he wanted to buy, but I warned him that if he’s going to buy, he should also be aware that price might drop at anytime.
That must be the right advice anyone could give to their friends with respect to investment.
We should not take responsibility for their investment actions but we need to make them understood what they are doing so that they will act responsibly and will be ready to accept whatever the consequences will be. Because, how people will be reacting in positive market will be completely different from negative markets.

As far as I have experienced, holding must be the right way of doing with the respect to cryptocurrencies. You may go for buying and selling some coins time to time and will be making some good returns for your efforts. But, that will not be up to the level those who are continuously holding for years. Yes, those continuously holder will be getting more profits compared to what you do get from your active trading. It is true is that holding is the best way to find the maximum in cryptocurrencies.

All the people who are all finding themselves into problems due to holding bitcoin, will find themselves relaxed and profitable once bitcoin will be hitting new ATH. That may happen by end of 2019. Be confident and continue your holding. That must be the right way of doing right now.
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December 27, 2018, 12:48:42 PM
 #32

Sound like crazy! I have losed almost 70% of my capital by hodling only. I never bothered to trade or sell and it was my bad luck. My mistake was I had not used stop loss and didn't think to sell on loss but eventually I losed too much. Then I decided to start trading in order to recover. I have recover few and remain will recover soon. If I never decide to trade then now my balance would be 90% less. So that's the reason I don't like to love any coin or token. Just sell then when you have profits. Hodling Bitcoin never mind but hodling alts are too risky, very hard to recover Bitcoin. It's better to buy on dip if possible then hold for dew time. Don't hodl for longer.

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December 27, 2018, 03:09:54 PM
 #33

Unfortunately, statistics show that on average over the long run you have a much better chance to profit if you hold vs if you trade. Timing the market is hard.
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January 29, 2019, 07:55:44 AM
 #34

To be trader or hodler both will promising good profit if we know when to start,  understanding trend of market and should be has target profit. In the beginning of 2017 is best times to be holder , and by to see price of all crypto that dumped hard can be its times to be holder and later in 1 or 2 year we will make alot profit.

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January 29, 2019, 01:45:36 PM
 #35

we'll see, things like this are not the first time this happens, a holder is blamed and is considered an act of stupid or idiot. this will improve again.

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January 29, 2019, 03:05:11 PM
 #36

Good job!
Yeah I think trading is much better than holding , the important thing is the capital , You have started with 1 bitcoin and that's the point , The main capital could decrease the risk of trading if it is much enough , if not you need to look forward to bigger percentages and that could cause more risks , I hope you success in that trading way!

Yeah, you're right. Trading is 100% safe and profitable than holding. If someone learns to trade with his best efforts and works accordingly, then his success will come. So nowadays trade is the best.

Bitcoin is gonna hit 100K usd
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January 29, 2019, 04:09:30 PM
 #37

Good job!
Yeah I think trading is much better than holding , the important thing is the capital , You have started with 1 bitcoin and that's the point , The main capital could decrease the risk of trading if it is much enough , if not you need to look forward to bigger percentages and that could cause more risks , I hope you success in that trading way!

Yeah, you're right. Trading is 100% safe and profitable than holding. If someone learns to trade with his best efforts and works accordingly, then his success will come. So nowadays trade is the best.
There are coins that are good to hold and there are also coins that are good in day trading. I do not agree to what you said because not all of times trading are safe. We cannot conclude easily that trading is more safe than holding due to lack of data.

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January 29, 2019, 04:28:09 PM
 #38

Good job!
Yeah I think trading is much better than holding , the important thing is the capital , You have started with 1 bitcoin and that's the point , The main capital could decrease the risk of trading if it is much enough , if not you need to look forward to bigger percentages and that could cause more risks , I hope you success in that trading way!

Yeah, you're right. Trading is 100% safe and profitable than holding. If someone learns to trade with his best efforts and works accordingly, then his success will come. So nowadays trade is the best.
There are coins that are good to hold and there are also coins that are good in day trading. I do not agree to what you said because not all of times trading are safe. We cannot conclude easily that trading is more safe than holding due to lack of data.
What i think is, holding can be more profitable than trading so i do not really agree with what OP says. HODLING can surely give us the freedom to see the profits grow in front of our eyes as the crypto markets have an estimate to grow multiples times as it is now in the future. Any of the altcoin can surely grow if we HODL for atleast a year.
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January 29, 2019, 04:48:15 PM
 #39

Hodling is a good strategy! Day trading is only for the people who have good technical analysis. If people doesn't have good trading skills then he/she can probably lose his/her money. Hodling is effective especially if we will hold coins that are valuable and have potential in the market.
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January 30, 2019, 01:13:18 AM
 #40

Holder hasbeen make alot of profit if they started in 2015 to 2016 and sell it in the end of 2017. But since the beginning of 2018 untill in the beginning 2019 holder has been lossing much money. Actually to be holder still promising high profit if we start now and hold it for 1 or 2 years. So the problem is we have to know when should be started and ended by know the trend of market and price of BTC.

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