The hodl is a frustrated speculator.

[serjent05]

The majority come to the cryptocurrency market wanting fast profit.

True, and this is the reason why many cryptocurrency investors got scammed or burned.  They wanted a fast phased investment that dies aftet a day or week of hype.  if they fail to sell on time, they will end up bagholding worthless cryptocurrency. 

This should not be the mindset.  In an investment, patience, timing and knowledge is the key to huge 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.

Well, it is their loss if they missed out on an opportunity.  It may take long at least the investment is way more solid than those get rich quick scheme investments.

What's your opinion?

People in cryptocurrency are used to fast-paced investment.  Many ignore the standards of investment and hastily invest in projects or cryptocurrencies they think can give them a fast return.  They often neglect projects that have a solid foundation and cryptocurrencies that have strong liquidity because they seem to have a slow progression, even though it has high volatility.  They never think that this kind of investment is highly profitable because the market is here to stay and they can exploit the volatility of the said market, for example, Bitcoin.

[Anthony Bill]

Who told you that is few holders that is early income or profit from cryptocurrency? Is like you are part of those newbies that is paying attention to those Facebook and YouTube channel information, which some of the information are not real. There is no way you will learn from those successful holders in this community you will not be counted among the successful holders in the future, because their major target is to hold for long years before they can sell in the bull market to achieve what they want.

[LogitechMouse]

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.

This is the result of some online influencers misleading their followers. Sad but that's the truth, and now we are seeing the effects of it.
The problem is that, cryptocurrency is being advertised as something where you can make money in a quick way. Well, it's true if you compare it with the likes of the Stock Market where on average, gives 7% profit per year, but let's not forget that the quicker it is to make money, the quicker it is to lose money as well.

Businessmen took years before they became profitable, and the same goes on investing into crypto. If you're a mere holder, it will take years for you to double or even triple your money, and TBH, that's already fast compared to other asset classes out there.

With losses of a lot of money, stress, even addiction.
---
What's your opinion?

Wrong mindset = more losses. More losses = more stress. More stress = negative effect to your mind.

Change our mindset, don't look at crypto as something that could make you a millionaire in weeks because that's not gonna happen for sure. Treat crypto as some kind of an asset where it will take you years still before you make a significant amount of money.

[Adiljutt156]

People usually enter into crypto with having many unrealistic expectations from it . The use social media and social media shows that someone turning a very small amount of money into huge profits but they do not show the people who have lost their money trying to do the same thing . The risk that are involved in it. That is creating the impression that making easy and quick money is normal when it is actually the exception and that is always not true. Holding itself is not the sign of having frustration . For certain investors holding simply mean that they are having long term believes in the assets that they are willing to accept short term volatility.

Real problem appears when someone buy something without understanding what they are investing and then holding on because they are hoping to recover a loss.

[sunsilk]

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?

Being an investor, big or small really takes a lot of patience. Because you'll not see how profitable it is until it's done to you.

For this reason, many beginning investors have been so discouraged when they can't see how profitable holding is.

But once you start to see that it is worth it and the capital that you have put into starts to make some money, you'll be one of the defenders of hodling.

[Supreme Donvic]

Speculators are like a young man having sex for the first time.

wam bam thank you ma'am

dca are those that know how to last with their woman as they practiced time and time again

Source link
Lol, thats a weird way to describe it, even granny was shocked.

But honestly, what we have today is mostly speculators jumping from one price prediction to another, hoping to find the perfect entry or some guaranteed way to make quick profits. That's simply not how the market works. If youre looking for a quickie, Bitcoin probably isnt for you. Most people who choose the fastest route instead of the more reliable one eventually end up regretting it. A lot of these mindsets, also comes from the people who introduce others to crypto. They make investing look so easy that newcomers start feeling like they need to achieve the same results as the people they look up to, and they want to do it as quickly as possible.The reality is that the market rewards patience more than desperation. Theres no need to rush the process just because someone else got results before you, everyone moves at different pace..

Yes I agree, if you are someone that wants to make quick money or wants to make money very fast then bitcoin investment is not for that person, bitcoin investment is something that takes a very long time for it to give you profit.

I agree that those that are introducing people to bitcoin investment are the cause of the haste in some newbies, some people that are introducing this newby to bitcoin investment tell them that they can make huge amount of money very fast from bitcoin investment and when this newbies go to bitcoin investment, they go in with this mindset of making it very quick and when they discover that it is not actually how it is, they become disappointed and stop investing.
Long-term bitcoin investment is for those who have patient to wait, if you don't have patient then bitcoin investment is not for you maybe you can decide to trade Bitcoin.

[Charcol]

It is indeed true that many people enter the market hoping for quick profits, then cannot sell when the price drops. Here they make mistakes but later try to hide their own mistakes by calling them long-term investments. In my opinion, these incidents are not cases of hodl, rather, they held because they were stuck. But if someone has a long-term goal from the beginning, sets aside the necessary money, does not rush into investing by taking loans, understands the fluctuations of the market and holds on to Bitcoin, then I would not call them hopeless speculators.

[M47AK16]

However, Warren Buffett would disagree with the OP. Since in the OP’s post, the speculator is presented as a successful superhero, and the investor as a failure. But is there really a speculator who can afford to simply keep nearly 400 billion dollars in their accounts without using it? Waiting for the market to collapse.

A speculator, in a broad sense, is a gambler. Its opposite is the investor. Of course, many speculators become “involuntary investors.” However, this does not change the principle itself. Either a quick and often random profit, or a long‑term investment.

Of course he is wrong; OP has been wrong because of the exact reason why everyone else claims something as a fact when it is an opinion. The world is full of those people, people who present an opinion as a fact. It is not, never was, a fact, so it will always be wrong. Hold could always be good if you do it right; a trader could be great if you do it right. This is not about the way; it is about who does it. And it has been like that since the dawn of time; whenever the first rich person existed, it has been the same as always. Doing one thing doesn't guarantee a result; never did, never will. Doing it right will.

So a trader may make a ton of money, or could lose all he has; a holder could hold for a while and make a lot of money, or sell at the wrong time and lose a lot of money. If someone bought in 2021 when it peaked and sold a month ago, it would be 5+ years of holding, and it would have been a loss. We were at 64k or so just a month ago, but we were at 68k peak back in 2021, so that is 5 years of holding, and yet still a loss. As you can see, if you are a trader or a holder, it doesn't matter; if you are bad at it, you would lose money. It was never about "how"; it was always about "who".

[Jewan420]

Success in investment comes through information and the right mindset, if the information and mindset are weak then success in investment is never possible. It takes a long time to make money from money, the honesty of what comes quickly will be questioned. Bitcoin or any investment cannot give you good profits quickly, you must wait for significant profits.

To make money, you must have an exchange, money acts as capital to make money. But in exchange, you either have to work hard or wait a long time or use talent or use creativity. In this case, even if the profits are a little fast, you will not become rich overnight. There is no easy way to get rich quickly and without effort.

It is never possible to make good profits quickly in Bitcoin investment. There will always be some people in social media who keep misleading people. By spreading wrong information or spreading negative information, they will create doubts among people. Seeing this information, many people invest incorrectly for the wrong purpose or misunderstand Bitcoin. To gain knowledge or receive information, we need reliable sources, not all sources of information are trustworthy.

[CryptopreneurBrainboss]

Mainly if you are a small investor.
What's your opinion?

Kind of hard to get you properly but no difference to hodl for both the big and small investors, it takes the same strategy which is to do nothing irrespective of the situation of the market, just do nothing but why it kind of frustrates the small Investors is because they lack patience and don't understand what they're involving themselves into before deciding they want to hodl.

There are many ways of investing and not everyone is going to make it as a hodler and that's because they won't have it in them and don't want to learn because of their quest for fast profits. Being an investor requires you to pass through early good days and deny yourself the joy of withdrawing and also pass through the pains of not selling when the market was better but now falling.

At the end, it'll be all worth it when you're in great profits after hodling on through all the ups and down.

[Italian Panic]

From my point of view, being a hodler is the only thing that makes sense in the world of Bitcoin, because it is Bitcoin’s intrinsic characteristics that define the value of this exceptional protocol. Decentralisation is its very essence and its raison d’être; therefore, many people should get involved in running a node to maintain decentralisation. Furthermore, this guarantees intergenerational wealth that is, the transfer of bitcoins to future heirs without any taxes involved.

[Sanitough]

Well, I'm not actually surprised. Those who rush to invest in bitcoin and have no plans of long term holding are surely aiming for quick profits. That kind of mindset build them to even enter when their own financial state is very bad, and that could be the reason why most of them do not succeed in the market because they tend to be more impatient and rush into wrong decision like panic selling when the market becomes unfavorable on their part, or when they are seeing any time they will lose their coins.

When they can stay holding their coins and never experience losses even when the market is crashing. Reality is, majority underestimate the potentials of holding. Because everyone is expecting that bitcoin can make them get rich quick.

[Halifat]

Who told you that is few holders that is early income or profit from cryptocurrency? Is like you are part of those newbies that is paying attention to those Facebook and YouTube channel information, which some of the information are not real. There is no way you will learn from those successful holders in this community you will not be counted among the successful holders in the future, because their major target is to hold for long years before they can sell in the bull market to achieve what they want.

Exactly, paying attention to those social media influential will actually put someone in darkness, i don't just know why they are doing that, is it proper for someone to just be playing with is community members, some of the influential don't care, all they want is to see their channel with a lot of engagement so that they will be enriching themselves from people's engagement. Sometimes I don't really blame the social media influential because a lot of newbies are just eager to make it fast in cryptocurrency that is why some of them fall for all this scams.

[Somegory]

It's surely going to be frustrating for everyone who believes that holding is going to be easy way of making money,  to be honest it's not easy to hold coins for long term until you have something else going on for you.

You can't be making small amount of money every week and start thinking about buying and holding Bitcoin, it's going to look like a punishment at one time in the journey.

It's best you are making enough money for your bills and responsibility then have some money aside for entertainment, live your life like you are supposed to without your holding getting in the way, this is what makes it's easier.

[Myleschetty]

Mainly if you are a small investor.
What's your opinion?

Kind of hard to get you properly but no difference to hodl for both the big and small investors, it takes the same strategy which is to do nothing irrespective of the situation of the market, just do nothing but why it kind of frustrates the small Investors is because they lack patience and don't understand what they're involving themselves into before deciding they want to hodl.

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.

[Crakryptvest]

If at this time, there are still people that are coming into cryptocurrency with the idea that they will make quick profits then congratulations to them as they will soon get scammed or lose their money. Cryptocurrency are risky investments especially if you want to invest on altcoins, but the problem with most people is that they always feel that they can outsmart the market probably because it did work for them previously so they will assume they have mastered the techniques on how not to incur losses.

Social media is not even helping investors because those of them that are always eager to invest in coins that are trending on social media will always fall to the trap of Cryptocurrency that they were brainwashed to believe that it will skyrocket as soon as they invest in it.

So you don't know that there people as such, those that fill their minds with mindset that they will making money too fast in cryptocurrency are still their till tomorrow, although they are jokers to us, but to them they are smart people that wants to outsmart the market according to you, which will definitely put them into trouble if they don't don't retrace.
One thing people should understand and keep to, as people that are taking part on cryptocurrency is, there no money that is kept to give to anybody in the digital asset, one has to invest properly and hodl for a long-term before they can talk of profit, cryptocurrency is not ponzi where some criminal minded developers do shits to scam those that are greed like them, so people must know that, so that they get into something that would've been avoidable.

[HajiBagi]

There are some investors who have investing in Bitcoin only with the mindset of making quick money. In reality, there is no possibility of making money by investing in Bitcoin with a short-term plan. As a result, an investor will face fast financial losses, so it is very important to buy small amounts of Bitcoin consistently with a long-term plan with prudent money and not get disappointed when the price of Bitcoin decreases, but to use every opportunity properly and wait for a long time with confidence, which reduces the risk of losing money and can be expected to make money from Bitcoin in the long term.

Those who think investing can help to make a quick profit, do they understand bitcoin before they investing? i am asking because i am not sure if some investors understand bitcoin before they investing. While some people got confused by how bitcoin is introduced to them, and how some people see it through media or other platforms, but as an investor, you should ask questions before investing in bitcoin.

Every investor should have the mindset of holding their bitcoin for a long time, bitcoin is not a short term investment, which is why those with experience about it always advise the new investors should invest with the money they can afford to buy with, there is no  way of making quick profit, looking for a quick profit can lead you invest in a coin that has no value or lead you to get scam.

[savetheFORUM]

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.

[Bitcoin_people]

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?

Those who enter crypto to make quick money are constantly facing losses most of the time. In my opinion, those who have entered this online platform and by receiving various signals from various social media and Telegram channels have faced more losses. Rather, I think that to benefit from the virtual world, patience and time are definitely needed, which can lead a person to success. Here, one must give the most importance to one's own discipline and mindset, moreover, it is never possible to earn money without one's own experience and skills. In trading and investment, and gambling, one must maintain the correct consistency of one's mindset and keep one's strategies good. The one who gets excited about making quick money will lose, but the one who applies himself correctly and moves forward with patience will be the only one who can succeed. Therefore, it is possible to profit only by entering investment and trading with patience and maintaining discipline in everything.

[Junii]

What's your opinion?

What you are saying makes sense. Actually social media influencers share there success stories that they are living luxury life and have sports cars and international trips etcetra and all this lifestyle they adopt is because of crypto trading. In our country there is a famous influencer who trades online he opens a trade with a handsome capital and with a high leverage i see his leverages are beyond 200 and in few minutes he earn a big profits. Now i know that influencer personally he has a lot of experience in this field like more then one decade but now if someone who doesn't know him he thinks crypto is the fast way of earning money and then he became the liquidity of a market. No doubt crypto is the fastest way but not like an overnight Great things takes time and if someone saying he became millionaire in few months from crypto he will either saying a lie or he will be a course seller.