The hodl is a frustrated speculator.

[TheUltraElite]

The majority come to the cryptocurrency market wanting fast profit.

That is why they are getting fast losses.

If you told people that having a good profit takes years, many wouldn't even come, it's a wrong mentality, fruit of low quality information from social media.

Social media influencers want the affiliate commissions from their downlines, so they run their campaigns to get people to spend money.

And the majority start in the most difficult of the financial market, the speculation that few have success at, the majority lose.

Wrong time to enter is when the market is bullish, but that happens with many newbies because of FOMO. Then the market crashes and they cannot hold for long, losing the money by selling at a loss. Meanwhile the person who referred you to the exchange has already received their 5%.

One needs to observe the market more than jumping in it when they are new to the market.

[DabsPoorVersion]

The majority come to the cryptocurrency market wanting fast profit.

If you told people that having a good profit takes years, many wouldn't even come, it's a wrong mentality, fruit of low quality information from social media.

And the majority start in the most difficult of the financial market, the speculation that few have success at, the majority lose.
With losses of a lot of money, stress, even addiction.

You notice that it seems easy to earn a lot of money fast, it's for few.

Mainly if you are a small investor.

What's your opinion?

That's why the goal for small investors should not be to become rich quickly just because they saw someone making it possible. We should always remember that each individual is in a different situation or position when it comes to becoming rich, there's always the right time and potential reward in each right investment whether you are a big or a small investor. As long as you have a better strategy to protect your capital, knows how to diversify, and know how to be patient by giving enough time for the small investment to grow.

Many small investors confused to opportunity with certainty. Making a quick profit is really possible, but the same as having losses. That's why it is always better to learn first and invest only based on our own financial capability instead of following the hype we often see in social medias.

[Myleschetty]

I think the main cause of small investors lack of patience is their lack of financial discipline, which in turn causes frustration, and later give birth to lack of patience.
Lack of discretionary income is another factor that allows some small investors to sell their Bitcoin for emergency funds rather than holding it for a long term.

Mainly because if you are a small investor, that usually means that you never made too much money, or at least did not have too much money for too long. I understand the concept; I get why people think that way, but the reality is that we are not going to see that type of change for too long.

The best reason for those people to act quickly is that they never had big money, and they always had small amounts of money to try, and they want to reach that big money eventually. If they somehow ever reached a huge amount, believe me, they would be patient and wait too, but because they never did, they are too excited to get there, and they rush. Because of this, we end up with a lot of changes, which is the biggest problem newbies have. If you have a small amount, the goal is not to suddenly get rich; you can't, and you will lose. If you have a small amount, the goal is to make sure that you are handling this very differently and could end up with a lot better return slowly.

You don't seem to understand my point, which is that regardless of the seriousness of how small investors amass Bitcoin, if they don't have a discretionary income fund that will prevent them from selling in an emergency, they will sell their BTC holding because they have no other choice and the requirements of the majority of cryptocurrency loan platforms that they can use to obtain a loan against the BTC they are holding are always not fair.
Thus, the primary reasons small investors cannot hold BTC for an extended period of time/years are impatience and a lack of necessary discretionary income.

[Alonso_]

The majority come to the cryptocurrency market wanting fast profit.

If you told people that having a good profit takes years, many wouldn't even come, it's a wrong mentality, fruit of low quality information from social media.

And the majority start in the most difficult of the financial market, the speculation that few have success at, the majority lose.
With losses of a lot of money, stress, even addiction.

You notice that it seems easy to earn a lot of money fast, it's for few.

Mainly if you are a small investor.

What's your opinion?

I think there is a reason why we have holders and traders, everyone who is coming into bitcoin or cryptocurrency like you called it, would definitely have a plan, is either they’re buying for quick profits, that is where they end up making huge mistakes, bitcoin isn’t a get rich quick or immediate profits making, people who are buying and trading bitcoin for a short term are missing out on tremendous opportunities that comes with buying and holding bitcoin for the long term, holding is never easy, which is why people are always advised to invest with a discretionary income, and also plan on having a backup funds, emergency funds, however if you do the right things while investing in Bitcoin, you will definitely get the benefits of your investments.

[r_victory]

I don't think most people seek cryptocurrencies as a way to get rich quickly; if that were true, adoption would be much higher, since getting rich is what most people are looking for.

Of course, there are stories, real ones at that, of people who got rich with crypto, investing little and profiting a lot, such as those who bought SHIB in its early days and with memecoins (which I don't recommend). This is the kind of story that sells the idea of ​​quick enrichment to those who believe in it.

A hodler is an investor who understands how the market works, who builds their wealth in the long term, and who is not content with momentary satisfaction, with cheap dopamine, and is not a frustrated speculator. A speculator is very different from an investor.