The best performing investors are ones who are dead

[dansus021]

The best performing investors are ones who are dead I mean who dead in fidelty is top people that we know or just a guy who makes million of dollars but isn't really famous?

But i read a story in the book of "How the rational trader" he said some figures in company can make market tremble. Example is the CEO in company like Starbuck or in the book CEO of Astra one of biggest companies in Indonesia. when the company started to change old CEO to new CEO some stock are down

[Out of mind]

In any case, success is impossible without patience, usually with bitcoin investment you will definitely face losses if you are in a hurry. Bitcoin investing must be patient, it is best to buy dips at the moment and wait for the next bull run.

By investing in Bitcoin, we basically know to hold it for a long time and invest with patience. Success is impossible without patience, so patience is required in every case, if one is hasty in any case, the person will surely fall into a lot of losses. As always in Bitcoin investment people have to patiently buy and hold it, if holding then definitely hope for something better in the future. If you invest now then it will definitely be good for you as we have a bull season ahead.

[taufik123]

The best performing investors are ones who are dead I mean who dead in fidelty is top people that we know or just a guy who makes million of dollars but isn't really famous?
-snip-

In the sense that such an investor is an investor who moves in silence, but is able to have a great effect on the market.
It seems that there are many such people, whales who are indeed whales, not influencers who come to the surface and say "I can manipulate the market with my money".

Whales will not actually show their identities to the public.

[coolcoinz]

This is true because statistically people make mistake both ways which balances itself out. What it means is, in a 20 year period of investing you will make good choices and bad ones, trying to convert your assets. I've done this a lot even in the crypto space.

For instance, I sold both BCH and BSV after the fork, this was a good choice, but I didn't time my sales perfectly, so I made maybe 50% of what I potentially could if I knew how long to hold each of them.
Now, think of the people who bought it from me. Some probably made some money by holding it and selling with profit because it eventually pumped, but some bought and held for too long, selling at a loss.
We can assume some of these people made some good investments that counterbalanced the bad ones, eventually being the statistical average.
How to not be an average investor? You can for instance stop being emotional and ignore the panic. An emotional investor would dump his bitcoin right after the FTX crash when it was at its lowest and miss the whole pump from 20k to 70k.... but there's a catch. Holding through both highs and lows doesn't give you anything. You have to do something with that money to benefit from it.

[Farma]

In any case, success is impossible without patience, usually with bitcoin investment you will definitely face losses if you are in a hurry. Bitcoin investing must be patient, it is best to buy dips at the moment and wait for the next bull run.

By investing in Bitcoin, we basically know to hold it for a long time and invest with patience. Success is impossible without patience, so patience is required in every case, if one is hasty in any case, the person will surely fall into a lot of losses. As always in Bitcoin investment people have to patiently buy and hold it, if holding then definitely hope for something better in the future. If you invest now then it will definitely be good for you as we have a bull season ahead.

In order to survive in the long term, of course we must have good planning before deciding to invest and also the funds we use in investing must of course be able to be held for a long period of time to be able to achieve the investment target we want and what you said is very true patience is certainly needed in anything, with the patience that we have of course it will make it easier for us to make decisions that are useful for the investments we make, because we see many who do not have patience of course will rush in deciding something and of course this is very bad because it is very impossible to make the right decision in a hurry, it would be very good if we had funds that we could hold for a long time to invest now because we all believe that the price will go up again and we will be able to make a profit from holding Bitcoin.

[Viscore]

In any case, success is impossible without patience, usually with bitcoin investment you will definitely face losses if you are in a hurry. Bitcoin investing must be patient, it is best to buy dips at the moment and wait for the next bull run.

By investing in Bitcoin, we basically know to hold it for a long time and invest with patience. Success is impossible without patience, so patience is required in every case, if one is hasty in any case, the person will surely fall into a lot of losses. As always in Bitcoin investment people have to patiently buy and hold it, if holding then definitely hope for something better in the future. If you invest now then it will definitely be good for you as we have a bull season ahead.

Bitcoin’s value appreciates in time, so just like its investors, the longer you become a hodler of bitcoin, the bigger the amount you will reap in the future. With patience and clear understanding on how bitcoin and it’s volatile market works, this will come into possibility and even fruition. No need to monitor the market’s value most often and react with high emotions, those are just unnecessary but will only lead to distraction and loss of focus on  your goals. If one can be patient and calm like a dead body, then so be it, and prepare for huge profits when you decide to sell at its perfect time.

[robelneo]

Those investors who left the world without handing down their investments are not winners but losers because they've lost their investment when they are gone; it's ok to sell for a profit if the profits reach your expectation; it takes a strong belief in your investment not to touch it on whatever the market conditions bring, but at some point, you have to sell.

The cryptocurrency market is highly volatile. You have to take action from time to time and be patient from time to time; a good investor has a combination of patience and can implement the right action, not underperforming or those who are dead.

[JeffBrad12]

Those investors who left the world without handing down their investments are not winners but losers because they've lost their investment when they are gone; it's ok to sell for a profit if the profits reach your expectation; it takes a strong belief in your investment not to touch it on whatever the market conditions bring, but at some point, you have to sell.

The cryptocurrency market is highly volatile. You have to take action from time to time and be patient from time to time; a good investor has a combination of patience and can implement the right action, not underperforming or those who are dead.

well it's still a win if their descendant can claim it and improve their livelhood, it's not like everyone investing for the purpose of themselves, sometime they just want to give something good for their family you know.
so they aren't exactly losing, it's just that they unfortunately missed the opportunity of having fun with the money.

but if they also still living, they probably cashed out their money when they see some bullrun and they definitely aren't included in this data .

[erep]

well it's still a win if their descendant can claim it and improve their livelhood, it's not like everyone investing for the purpose of themselves, sometime they just want to give something good for their family you know.
so they aren't exactly losing, it's just that they unfortunately missed the opportunity of having fun with the money.

but if they also still living, they probably cashed out their money when they see some bullrun and they definitely aren't included in this data .

If they had ever taught their family members to claim their assets then they would be lucky to get an inheritance from their parents, but on the other hand if they were not told how to access the wallet or did not leave a phrase or password to open the wallet, no one would ever be able to claim the balance in the wallet as if the balance had been burned and they would definitely regret never consulting their parents to access the wallet.

I have some assets on a hardware wallet and I have taught my family about understanding wallet access, although I have not told them the phrase and password but they already know where they store the phrase and they can inherit the assets.

[JeffBrad12]

If they had ever taught their family members to claim their assets then they would be lucky to get an inheritance from their parents, but on the other hand if they were not told how to access the wallet or did not leave a phrase or password to open the wallet, no one would ever be able to claim the balance in the wallet as if the balance had been burned and they would definitely regret never consulting their parents to access the wallet.

I have some assets on a hardware wallet and I have taught my family about understanding wallet access, although I have not told them the phrase and password but they already know where they store the phrase and they can inherit the assets.

Definitely if i'm saving an asset in a hardware wallet I should have back up for my family to claim, but in case some people didn't know a descendant of an account owner in a centralized entity like exchange or fund management can claim their inheritance by having some inquiry to the exchange themselves with some proof.
so there are certainly ways for the descendant to inherit the asset. so it can be utilized for the betterment of their descendant's life.

[adaseb]

Not really surprised by this, especially since we had the biggest bull run of the last 20 decades. You could of held most assets and made money.

What I find strange is that if the account holder is dead, shouldn't their family inherit their investments? Most of the time the family members would take the investments of their deceased family members and just liquidate them right away. And I also agree with the second one. Those who forget they had these investments also perform better than someone actively trading from time to time.

Kind of like how bitcoin created so many millionaires because they forgot that they held bitcoin long ago, similar to the MtGox recipients which just got their funds finally.

[Don Pedro Dinero]

Not really surprised by this, especially since we had the biggest bull run of the last 20 decades. You could of held most assets and made money.

What I find strange is that if the account holder is dead, shouldn't their family inherit their investments? Most of the time the family members would take the investments of their deceased family members and just liquidate them right away. <...>

I was already aware of what the OP said and wondered about that too. I thought that when someone dies, banks and financial institutions would automatically be notified, but no. I was not. I don't know if this will be done in the future but at the moment it is the next of kin who are responsible for notifying the banks and financial institutions of the death.  And if they didn't know that he had an account in Fidelity, they didn't say anything, until after years it was discovered somehow.

[Kelward]

https://www.bluewealth.com.au/general-knowledge/the-best-performing-investors-are-ones-that-are-dead/

I just came across this article and thought I'd share it as an ultimate reminder that being overly reactive and allowing panic to kick in is usually the worst that investors can do.

Be as calm and patient as dead people are and gains will come 

Being as calm and patient as dead people depends on the type of investment, like in cryptocurrency, being patient in your altcoins investment might not be profitable. But investments like Bitcoin demands that the investors buy, hodl and wait for as long as it takes for bull runs and ATH. I see why the article used the example of dead investors because they don't worry or panic about dips, so far Bitcoin is a store of value and it's price will always increase in the future, there's no need for us to also worry. I've learned not to worry and panic about Bitcoin short term price fluctuations and speculations, the important thing to note is that bull run will always come and ROI will always add to your capital.