Hodler, you motherfucker.

[bitgolden]

The problem is what people are being told. Some people that lost their money in bitcoin today, it wouldn’t have happened if they were given the right information. Some of them just hopped in because they thought that bitcoin is a place for a quick money, but what they met was different . When giving information to people , it’s best that we let them know the risks involved in cryptocurrency, it’s not just about making profit , you can as well lose your money . So if you’re hodl, then do so what you can afford to risk.

Trading is a losing game for the majority of people.  If people all took your advice then the possible profits to made would shrink to practically nothing just like how the stock market became super efficient.  The truth is holding is a valid strategy for the majority of people that don't want the constant stress of day trading

How can it possibly be a valid strategy?

And I'm not even sure what you mean by valid (or invalid) here, care to explain? A trading strategy can be profitable or unprofitable, and that's in essence all that counts and makes sense in the end. I don't know how it can be "valid" if it brings only losses, and for those who bought at anything higher than 10k, it is a losing game as of yet. So instead of daily stress these people received perpetual pain and suffering. Myself, I'd rather stick with the stress

I think you’re not getting what he’s trying to say. It’s not everyone of us that knows how to trade , so there are lots f people that lose their money in trading because they don’t know how to trade, it happens to a lot of people everyday. Hodl is a way out for those that don’t know how  and wouldn’t like to stress themselves much with all the stress and risks that comes with being a day trader. Day trading is good if you know how to trade at least you will be making profits on a daily , unlike Hodl where you will have to wait for like months or even up to a year.

[DKREBEL86]

The problem is what people are being told. Some people that lost their money in bitcoin today, it wouldn’t have happened if they were given the right information. Some of them just hopped in because they thought that bitcoin is a place for a quick money, but what they met was different . When giving information to people , it’s best that we let them know the risks involved in cryptocurrency, it’s not just about making profit , you can as well lose your money . So if you’re hodl, then do so what you can afford to risk.

Trading is a losing game for the majority of people.  If people all took your advice then the possible profits to made would shrink to practically nothing just like how the stock market became super efficient.  The truth is holding is a valid strategy for the majority of people that don't want the constant stress of day trading

How can it possibly be a valid strategy?

And I'm not even sure what you mean by valid (or invalid) here, care to explain? A trading strategy can be profitable or unprofitable, and that's in essence all that counts and makes sense in the end. I don't know how it can be "valid" if it brings only losses, and for those who bought at anything higher than 10k, it is a losing game as of yet. So instead of daily stress these people received perpetual pain and suffering. Myself, I'd rather stick with the stress

I think you’re not getting what he’s trying to say. It’s not everyone of us that knows how to trade , so there are lots f people that lose their money in trading because they don’t know how to trade, it happens to a lot of people everyday. Hodl is a way out for those that don’t know how  and wouldn’t like to stress themselves much with all the stress and risks that comes with being a day trader. Day trading is good if you know how to trade at least you will be making profits on a daily , unlike Hodl where you will have to wait for like months or even up to a year.

Holding is not a strategy.

Assuming that you buy and hold but don't know how to trade, how can you possibly exit your investment? The majority of the shitcoins are not exchangeable for fiat... so what will you do? Go on facebook and post a stupid question? Maybe your smart cousin will help you? The sad truth is that you don't even know what an exit strategy is, that's why you consider the mere holding as a strategy.

[Hamphser]

Trading is a losing game for the majority of people.  If people all took your advice then the possible profits to made would shrink to practically nothing just like how the stock market became super efficient.  The truth is holding is a valid strategy for the majority of people that don't want the constant stress of day trading

How can it possibly be a valid strategy?

And I'm not even sure what you mean by valid (or invalid) here, care to explain? A trading strategy can be profitable or unprofitable, and that's in essence all that counts and makes sense in the end. I don't know how it can be "valid" if it brings only losses, and for those who bought at anything higher than 10k, it is a losing game as of yet. So instead of daily stress these people received perpetual pain and suffering. Myself, I'd rather stick with the stress

I totally agree with you. My opinion is that too many crypto buyers (I don't dare to call them investors) don't understand why the prices of the assets go up or down. The words of the guy who's against trading strategies are the words of someone who doesn't even know what an exit strategy is or how an hedging strategy works... sad

Majority of them do really have this kind of mentality or in short doesn't really have much idea on what they are doing with trading which they do simply put up money and wait for the outcome
either it would be a loss or profiting one.

Some would really be just dragged out with they hype when they do saw lots of people been profiting without even realizing that it isn't really that simple or it doesn't work that way to easy.

[FanEagle]

if you don't have any strategy and patience in holding, of course holding will only waste your time and money, look at what happened last year, many newbies do holding without clear knowledge and strategies, then when prices fall and stay low in long time and then makes many of them give up and do cutlose, it is a form of waste time and your money

They are still same people coming on this platform to pour their anger because of their lack of knowledge, strategy and patience, instead of them to learn from the older ones on how they were able to manage through all the storms they went through before bitcoin reaches its ATH last time.

When did they invest that they would not let the peace of bitcoin be, we have some matured investors that would even buy shares in a company in the real life, leave it there for even up to 30 years before they even think of asking about it, which they don’t usually regret after going back to it. So, we really need to be patient for our investment to really grow by holding.

[DKREBEL86]

if you don't have any strategy and patience in holding, of course holding will only waste your time and money, look at what happened last year, many newbies do holding without clear knowledge and strategies, then when prices fall and stay low in long time and then makes many of them give up and do cutlose, it is a form of waste time and your money

They are still same people coming on this platform to pour their anger because of their lack of knowledge, strategy and patience, instead of them to learn from the older ones on how they were able to manage through all the storms they went through before bitcoin reaches its ATH last time.

When did they invest that they would not let the peace of bitcoin be, we have some matured investors that would even buy shares in a company in the real life, leave it there for even up to 30 years before they even think of asking about it, which they don’t usually regret after going back to it. So, we really need to be patient for our investment to really grow by holding.

Complete crap.

Do you promote some sort of shitcoin so you need to say that?

[Cosbycoin]

Yes holding is waste so long times even a few years, alot of newbies investor was decide to hold crypto in the beginning of 2018 without any risk management, so they getting loss much money. So trading or holding should be with risk management.

Holding isnt a waste of time because when you hold , you didnt do anything . you can just leave your coins inside your wallet and continue your life outside the crypto scene . trading should be consider a waste of time because trading is an active  activity . you dont need any risk management when you hold because hodling is not risky as trading   and  as long as you chose the best coins  .

if you don't have any strategy and patience in holding, of course holding will only waste your time and money, look at what happened last year, many newbies do holding without clear knowledge and strategies, then when prices fall and stay low in long time and then makes many of them give up and do cutlose, it is a form of waste time and your money

I think we do not need to worry about HODLING if the investment is intended for long term. This is important to understand because where HODL could be a reason of loss for many investors, it could be a savor for those who HODL to regain their losses. SO regardless of the market situation, you should HOLD if you either intend big profits or you expect recovery.

[DKREBEL86]

Yes holding is waste so long times even a few years, alot of newbies investor was decide to hold crypto in the beginning of 2018 without any risk management, so they getting loss much money. So trading or holding should be with risk management.

Holding isnt a waste of time because when you hold , you didnt do anything . you can just leave your coins inside your wallet and continue your life outside the crypto scene . trading should be consider a waste of time because trading is an active  activity . you dont need any risk management when you hold because hodling is not risky as trading   and  as long as you chose the best coins  .

if you don't have any strategy and patience in holding, of course holding will only waste your time and money, look at what happened last year, many newbies do holding without clear knowledge and strategies, then when prices fall and stay low in long time and then makes many of them give up and do cutlose, it is a form of waste time and your money

I think we do not need to worry about HODLING if the investment is intended for long term. This is important to understand because where HODL could be a reason of loss for many investors, it could be a savor for those who HODL to regain their losses. SO regardless of the market situation, you should HOLD if you either intend big profits or you expect recovery.

I think that the word holding is now confused with some sort of religion... Again, that comment is complete crap

[DKREBEL86]

Yes, you are correct that hodling is not a good idea but trading is also not a good idea as the market being manipulated by whales can lead to losses as we don't when the market can go up or down but surely it is much better than hodling.

Whales manipulate the markets through OTC (over the counter) exchanges. It is a very good idea to hedge risk of volatility by trading. Especially nowadays....

[RealMalatesta]

Yes, you are correct that hodling is not a good idea but trading is also not a good idea as the market being manipulated by whales can lead to losses as we don't when the market can go up or down but surely it is much better than hodling.

If both are not good idea, then what are you doing in the cryptocurrency market then, because for you to belong here, you can either do any of the two or you do both, and one or two of these has actually paid out for those that have developed some strategies for it.

For holding, there is no strategy other than for you to wait of the time there will be profit on your investment, and that is why it is called investment, investment usually take some times for any investor to start getting result of it and I don't think bitcoin has stayed too late for anyone to start getting return even in 3 year’s time. Trading pays for those who are not patient for long term investment and those who know how to, it is when we don’t know how to trade that we see it as rubbish.

[Vishnu.Reang]

Post the proof in screenshot format. It is difficult to believe that you managed 20% to 25% profits on 7 consecutive occasions. Even hardened traders having decades of experience would not be able to do that. In my case, my record winning streak was 3 straight profitable trades, of around 5% profit. 4th gave me a loss of 5%. 7 is a bit too hard to believe.

[peter0425]

We all have perspectives in life specially when it comes to our “Own Money” we don’t care about your strategy so care nothing about ours as well

Yeah you are a good trader but it is not for all people,and holding is not like a prayer because religion has nothing to do with your point

Instead holding is like a Gambling that in some instance needed luck and just like a gambler Being a Holder o risk my money and time for this so if failure comes its me and my decisions who made it and not random people like you

But I respect your prerogatives but please respect holders as well

[Oilacris]

Yes, you are correct that hodling is not a good idea but trading is also not a good idea as the market being manipulated by whales can lead to losses as we don't when the market can go up or down but surely it is much better than hodling.

If both are not good idea, then what are you doing in the cryptocurrency market then, because for you to belong here, you can either do any of the two or you do both, and one or two of these has actually paid out for those that have developed some strategies for it.

For holding, there is no strategy other than for you to wait of the time there will be profit on your investment, and that is why it is called investment, investment usually take some times for any investor to start getting result of it and I don't think bitcoin has stayed too late for anyone to start getting return even in 3 year’s time. Trading pays for those who are not patient for long term investment and those who know how to, it is when we don’t know how to trade that we see it as rubbish.

This is actually true and this is why we do see some people who do risk out to trade since they do know the advantage of shorting or trading up their coin on a short span of time.

Trading does give out the opportunity on making money without the need of waiting up for how many months or years before you can profit on but somehow being a hodler isn't that bad yet its always been a personal choice of ours.

[pixie85]

Yes, you are correct that hodling is not a good idea but trading is also not a good idea as the market being manipulated by whales can lead to losses as we don't when the market can go up or down but surely it is much better than hodling.

Hodling is a great idea if you know when to buy. OP said he or she bought in 2018 and is now in the red. I bought Bitcoin in 2018 and ETH in 2019 and both my investments became very profitable. It's another proof that you should never generalize. Those who gave the advice to buy and hodl did it to help OP not to prank him.

[princerepon]

Well it's not easy for everyone though. Which people can't trade like you they tried to hold it for a good profit when it's going up. And trading with bot i prefer for not to do it. Cause may be you find your way couple of times but not every times. So if need to trade it's better your own way. If people want to hold for long time i agree with it besides yes trading is the best option for me too. 

[silversurfer1958]

I know trading will bring immediate profit for traders, but it certainly won't be suitable for those who don't understand trading.
There are successful long-term investors, they all came from 2014. When those people believed in Bitcoin, ETH and the top alts now.
Hold or Trade both bring different values. I do not underestimate trade nor underestimate Hold. A wise person knows how to choose a good time to do it.

[BayAngelo]

i can't stop laughing while read this. quite interesting and impressive. i have decided to up and game and sell off. holding noting agin it was a mistake and it will never happen again. i better focus in btc markets only and sell off anything left. i better to trade with cool head than to fomo.
 

[deisik]

I think there is 3 types of trading : -Day trading, Swing trading and long term trading. Holder are just long term trader in a way. As a holder, I have seen day trader losing a lot of money, I have also seen others holder lose a lot of money. This is just two methods of trading, that's it. One is not better than another

That's definitely not the whole gamut

As there are different types of holders, among which bag holders are worthy of note here. These are made into "holders" against their will as they have failed to sell in time the trashy assets that happen to possess. Basically, it is just a handy euphemism for losers (no offense intended), and there is no way you can seriously consider them long-term traders as the assets they have typically end up being no longer tradable

[lixer]

Yes, you are correct that hodling is not a good idea but trading is also not a good idea as the market being manipulated by whales can lead to losses as we don't when the market can go up or down but surely it is much better than hodling.

In your case, what are the best ways to make a profit through trading? You have mentioned holding and trading is not a good idea then what are the other best ways to trade in the market when the market is going down?

Don’t always pay attention to people’s opinion because they also have no slight idea of what they want or what they are hear for, how can someone say both holding and trading is not good, if they don’t do both, then how else does he expect people to make profit. People like to just make some statement without leaving one with options.

Trading is good and holding his good. I bought bitcoin when it was $4000, and if I had not held it and probably sold it when I $500 climbed on it, would be have had a multiplied figure by now? And also, now that majority of us are waiting for the bull run of bitcoin, it is trading that I have been using to make some money while we await the bull run, those two options are still the most valid options to make money in cryptocurrency.

[rizkyfebrian213xx]

This was related to me right now.. 100% agree to people who says , just holding assets is can't make profit itself.. do trading with it.
But the problem is I didn't know how to trading , just know basic steps of trading.. mostly I do trading and lost about 10-15% of my assets and I stop it.
Maybe later I must learn more about trading , because this was important to gain more profits.

[yesyes18]

lol...being an economist i guess you should also acknowledge the fcat that human psychology always keep on playing tricks on us. Let's not lambaste panic sellers. Probably it's not their fault and funny enough you'll be suprised that these same fears drove them into the space. So as you're doing let then know the fundamental and we'll all be good to go.