Long term hodl ! What a joke

[Mealea]

Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.

[1714923391]

1714923391

[Tylev]

Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.

Many people keep cryptocurrency for a long time because it is one of the easiest ways to make a profit in the cryptocurrency market. I completely agree with your opinion that selling cryptocurrency at the peak of its price and buying at a recession is most effective in terms of profit. However, for this you need to study this market well and have a lot of time for such an activity. Not everyone has a desire and opportunity for this. Of course, cryptocurrency will not constantly grow in value. Only its new types and successful projects will grow or will it happen with the general period of growth of the cryptocurrency market. Therefore, you need to constantly adapt to changing conditions. Simple retention will not be effective in all cases, as in the securities market. Market laws are the same everywhere.

[Wysi]

Even I used to believe in long term hodl but not anymore and I think those who were hodling till 2017 and cashed out can be described as benefit of long term hodl and as you rightly mentioned there is no point in hodling crypto during bear market and rather we can trader it accordingly and it's time to face harsh reality of the market and it's not going to be as easy as it was before 2018. If we need to earn then we need to stay active and keep trading utilizing all the opportunities as just investing and waiting is not going to help.

[jets567]

IMHO long-term holding are only profitable for Bitcoin and few altcoins because the market is still maturing but doing short-term trading is not bad either as long as you gain some profit. Also, don't forget that some people prefer long-term holding because of less hassle since they don't need to to be updated on the market movement everyday and just wait for the right time to sell.

Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise.

Are you a prohpet that knows when is the peak and bottom

[jossiel]

In my experience, I choose to go long term holding because it suits my investing attitude. I sell during peaks but sometimes I don't buy at the bottom because sometimes I call the wrong bottom.

A person that chooses to hold for long term likes to do it because it's base on his/her choice. Some tend to sell at wrong prices that's why holding suits them too.

[magicrypto]

Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.

The main thing is - nobody knows when peak and when the bottom:) How can you actually prognose such things? It is a game, gambling if you want, so somebody win, somebody loose and it is their choice. But for some people investing in BTC is just one of the ways to hedge their money, they invest in real estate, gold and in bitcoin too, so they dont thinking in such categories, they investing long term - 5,10,15 years..

[rosezionjohn]

Types of Hodlers from my observation:

• Those who just came in and never really experienced a 90% market crash (newbies)
• Those who refuse to sell because they re at an extreme loss. They chose to hodl and wait or hope
• Those who bought at floor prices and continues to accumulate at cheap. They're not really bothered with the price fluctuations.

There is really no need for you to mock those who choose to hodl. Each have their chosen strategy and you should not force them to follow your views or opinions. Be smart and mind your own investments.

[uray]

Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.

It all depends upon the coin you invest, if you invested in bitcoin in the past before the last rally then you are in profit no matter what the market situation right now is, if you invested in shit coins then you need luck so that the project will survive the bear market. So smartness is all about investing in bitcoin at the right moment and if you did that there is nothing to worry.

[3DBrushes]

By looking at the past, we can clearly see that crypto coins grown by leaps and bounds. People will think like "If I had invested in that coin while the price was low I would have been rich by now". So people invest and Hodl it now hoping it will make them rich. 99% will lose their money in this.

[cudora]

I think that it is a good moment to make your investment. The market runs in cycles and sooner or later, we would face another altseason and people that refused to buy ETH to 150 bucks will regret about their decision in the future.

[nekonyun]

It is true that many people's mistakes hodl long-term not in time, hodl Long-term  people at the time of bearish it is a big mistake if the market like this  trading using a scalp or mid-term strategy because at being bearish we should not be too long hodl coin

[mindrust]

Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.

This is what people mostly said in 2015-2016 while bitcoin fell from 1k to $200... Do you remember what happened in late 2017? It went to $20k. Something similar will happen again and if you don't want lose your biggest chance to get rich this time, I suggest you to buy & hodl. Remember only 6 months left to the halving.

[tomahawk9]

Why do you decide to hodl when you know that the price may dump?

But it may go up too, even skyrocket and reach new ATHs so, I don't think many people are willing to take the risk of dumping their bags now when there's a chance of seeing a recovery very soon (same odds of seeing yet another drop).

Why not sell at the peak and then you can buy back at the bottom.

The fact that you're saying this makes me think that you've been in this market for less than a few months or weeks. If only it were that easy to spot the "peak" as well as the bottom...Maybe you can stop being a smart ass and start lending us your crystal ball so that we can know exactly when to buy and sell cryptos to make insane profits, huh?

What a great advice you're giving to the community: buy low, sell high. I bet no one has ever thoght about this strategy before.

[Swordsoffreedom]

Why do you refuse to face the reality of the present state of the crypto market? I always laugh when I see people still talking about long term hodl when the reality is staring us in the face. Don't be a fool, only the smart are leading the race in the crypto sphere of today. Why do you decide to hodl when you know that the price may dump? Why not sell at the peak and then you can buy back at the bottom. The race is not to the fool but to the wise. Selling at the peak and buying back at bottom is wisdom but holding at the peak expecting a magic spike is foolishness. Bull run is not here yet, do not expect a magic spike. When the bull run is here, you don't need a prophet to tell you that. Be smart.

It sounds wise what you're saying but after the battle, anyone can be a general as my local saying goes. Of course you're regretting now that you didn't sell at 13k or even 19k (talking about bitcoin, for altcoins insert different numbers). But the real question is, what to do now. Sell because you plan to buy back lower, or hodl because there was a bottom today and the only way is up? Tell me what you gonna do smart guy.
I'm hodling because I think there won't be much lower prices and it would be stressful to wait for the right moment to buy back.

[NoirSuccubus]

I think long term holding is a good strategy, but it has drawbacks. I think that you need to hold one part of the cryptocurrency and use the other part for trading.

[Febo]

Why not sell at the peak and then you can buy back at the bottom.

How can you determinate that there is peak and that there is bottom. Yes you can determinate that now for past but at that time. Also the exact peak and exact bottom is a moment in time. Not to mention you need to have offers set on exchange so the one that bought at top buys from you and no one else. And that the one that sold on bottom sells exactly to you and no one else.   Why you believe you are not to be one of those sellers at bottom and buyers on top? There should be same chance to be so unlucky as are chances to be lucky to do as you plan to.

[jacafbiz]

We have seen so many success stories of Holding long term, I don't know what you are basing your point on, the most important thing is to be convinced you are into the right project you can't just hold any obscure tokens and thing it would gained value overtime

[Pearls Before Swine]

Why do you decide to hodl when you know that the price may dump?

You're talking about long term holding and you make a statement like this? 

If you truly are a long term holder of bitcoin, you aren't concerned about times like these when its value drops $500 or however much it fell over the course of a few days.  You're focused on its price months or years from now, not short term movements.  That's the whole point of long term investing.

Since what I described more or less applies to myself, I am not panicking about the price.  It could fall even further and it would not faze me in the least and in fact if I had some disposable income I would even be buying as much as I could.

[CryptopreneurBrainboss]

Hodling has always been the best Investment strategy especially when you hodl for long term. Among all the existing cryptocurrency, bitcoin is the only coin I can bodly advice a cryptocurrency enthusiast to hodl. It has proven time without numbers that it's an asset you can rely on yearly to produce results. If I'm not mistaking, out of the 10 years of its existence only ones has it produce a negative outcome from how the price was at the start of the year. Even in the bear market, bitcoin always finds a way to produce positive outcome supposedly you bought at the beginning of the year and sold at the end, that's a one year hodling period.

Altcoins on the other hand, their hodling positive results aren't gauranted that's why I engaged them via trading for profit. If you aren't skilled and equiped to outsmarting the market it's in your best interest to avoid trying to do what the OP has just suggested, it'll definitely end badly.

[samcrypto]

It is true that many people's mistakes hodl long-term not in time, hodl Long-term  people at the time of bearish it is a big mistake if the market like this  trading using a scalp or mid-term strategy because at being bearish we should not be too long hodl coin

There should be an end for everything and must not hold forever, you must still need to watch the market. There’s no wrong about holding, that’s a good strategy but i agree that holding must still be depend on the market trend and if you know how to buy and sell you can earn more than holding. Now is the time to buy more and hold short term after this because for sure the market will rise again.