Strong hands

[spazzdla]

Looks like China has wiped out the weak hands and the strong hands are responding by giving China FUD the finger.  Today has been a good day, I know the price dropped a tad but that's the key IMO.

[whtchocla7e]

Even strong hands get weaker over time. Gravity.

[counter]

Don't forget about the bears that were spending their time spreading fud.  They get the finger also if you ask me but that is nothing new.

[smoothie]

Even strong hands get weaker over time. Gravity.

I suppose your comment has merit. But I think that it isn't a completely proportional concept to price rising.

When the prices rebound and remain stable strong hands get stronger. As they can expect to know the price is going to rebound as it has so many times before. Hence the load the truck with more bitcoins even though the price has risen over 1000% in a year.

[lynn_402]

Even strong hands get weaker over time. Gravity.

I suppose your comment has merit. But I think that it isn't a completely proportional concept to price rising.

When the prices rebound and remain stable strong hands get stronger. As they can expect to know the price is going to rebound as it has so many times before. Hence the load the truck with more bitcoins even though the price has risen over 1000% in a year.

This. Also, I believe that hands are getting stronger at a faster pace than that of the inflow of new coins and new selling pressure on the market. The dive from 1200$ was a huge workout for many, a considerable number of shaky hands have probably matured and grown stronger/more confident by now.

[shmadz]

If strong hands includes miners who refuse to sell below $2000, count me in!

[TERA]

What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.

[Wilhelm]

What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.

You can invest and trade in currencypairs it's been done for many many years .
An investment scheme is usually a company that trades for you and tells you it will make a good profit and lose your money

"Weak hands"
are people who feel compelled to sell when the market takes a small dip, they give into fear or they have invested with money they cannot afford to lose (also fear). They panic sell. (e.g. The market just went down $10 O-NO quickly sell before it goes down $20. If it does I can't afford to pay back the loan I took out for bitcoin)

"Strong hands"
are people who only sell at their targets. (e.g. I will sell at $2500 or if it goes below $200)

"HODlers"
are the ultimate strong hands and go for max profit or max pain. (e.g. I will sell at 100k or go down with bitcoin. Let's take that sixth whiskey *burp* while the market takes a $600 dive)

[anu]

Let's take that sixth whiskey *burp*

Everyone takes one too much, once in a while. Your selection of whisky depends on your choices and your character, however:

"HODlers"
are the ultimate strong hands and go for max profit or max pain. (e.g. I will sell at 100k or go down with bitcoin.

"Strong hands"
are people who only sell at their targets. (e.g. I will sell at $2500 or if it goes below $200)

"Weak hands"
are people who feel compelled to sell when the market takes a small dip, they give into fear or they have invested with money they cannot afford to lose (also fear). They panic sell. (e.g. The market just went down $10 O-NO quickly sell before it goes down $20. If it does I can't afford to pay back the loan I took out for bitcoin)

[TERA]

What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.

You can invest and trade in currencypairs it's been done for many many years .
An investment scheme is usually a company that trades for you and tells you it will make a good profit and lose your money

"Weak hands"
are people who feel compelled to sell when the market takes a small dip, they give into fear or they have invested with money they cannot afford to lose (also fear). They panic sell. (e.g. The market just went down $10 O-NO quickly sell before it goes down $20. If it does I can't afford to pay back the loan I took out for bitcoin)

"Strong hands"
are people who only sell at their targets. (e.g. I will sell at $2500 or if it goes below $200)

"HODlers"
are the ultimate strong hands and go for max profit or max pain. (e.g. I will sell at 100k or go down with bitcoin. Let's take that sixth whiskey *burp* while the market takes a $600 dive)

When we're evaluating forex market trends such as, say, EUR/USD, do we speak of "strong hands", "weak hands", and "hodlers"?

[zby]

I propose an alternative to the 'strong hands' narrative:

Remember who panics first panics best!

[rudius]

What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.

You can invest and trade in currencypairs it's been done for many many years .
An investment scheme is usually a company that trades for you and tells you it will make a good profit and lose your money

"Weak hands"
are people who feel compelled to sell when the market takes a small dip, they give into fear or they have invested with money they cannot afford to lose (also fear). They panic sell. (e.g. The market just went down $10 O-NO quickly sell before it goes down $20. If it does I can't afford to pay back the loan I took out for bitcoin)

"Strong hands"
are people who only sell at their targets. (e.g. I will sell at $2500 or if it goes below $200)

"HODlers"
are the ultimate strong hands and go for max profit or max pain. (e.g. I will sell at 100k or go down with bitcoin. Let's take that sixth whiskey *burp* while the market takes a $600 dive)

When we're evaluating forex market trends such as, say, EUR/USD, do we speak of "strong hands", "weak hands", and "hodlers"?

Of course. What did you think, that it was specific to bitcoin markets? It is not the same vocabulary but it is exactly the same.

What do you think etoro was made for? like all others brokers where you can trade microaccount with 200 leverage?

[darklight]

What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.

Lol, obviously its just propaganda. Theres another story I know about 'strong' hands, that one is about how you catch a monkey...

[yayayo]

What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.

Proof of belonging to the strongest hands is if you deny the whole concept...

But I think you're right: Everybody that still uses US$ for value comparison didn't understand Bitcoin yet.

ya.ya.yo!

[ThatDGuy]

Even strong hands get weaker over time. Gravity.

I suppose your comment has merit. But I think that it isn't a completely proportional concept to price rising.

When the prices rebound and remain stable strong hands get stronger. As they can expect to know the price is going to rebound as it has so many times before. Hence the load the truck with more bitcoins even though the price has risen over 1000% in a year.

Right? I mean gravity is strong and all, but not compared to a motherfucking rocket ship.

[criptix]

What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.

But I think you're right: Everybody that still uses US$ for value comparison didn't understand Bitcoin yet.

that would be the expression of the ultimate strong hand.

who cares about $, all the bitcoins belong to me  

Even strong hands get weaker over time. Gravity.

I suppose your comment has merit. But I think that it isn't a completely proportional concept to price rising.

When the prices rebound and remain stable strong hands get stronger. As they can expect to know the price is going to rebound as it has so many times before. Hence the load the truck with more bitcoins even though the price has risen over 1000% in a year.

Right? I mean gravity is strong and all, but not compared to a motherfucking rocket ship.

you forgot that someone has to pay the fuel for the trip to the moon

[Wilhelm]

Let's take that sixth whiskey *burp*

Everyone takes one too much, once in a while. Your selection of whisky depends on your choices and your character, however:

....snip...

Correct the Whisk(e)y type is a giveaway for the trader type

"HODlers"
Use a good basic single malt whisk(e)y >10years of age or a good Tennessee/bourbon whiskey since they have to consume quite a lot to keep them from the urge of selling.


"Strong hands"
They are either whales or people better off. The consume 18year or older whiskey. Whales take 30years or older ofcourse. They need the least whiskey since they don't care so quality must be high.


"Weak hands"
They put all of their money into bitcoin and have to drink the really cheap stuff. They have no money for glasses so drink from the bottle in high volume. They also cry-wank when pressing the sell button when selling at a loss.

*crap whiskey a friend got and refused to serve me. Also has a typo on the bottle (Flavour = English not American).

[piramida]

Correct the Whisk(e)y type is a giveaway for the trader type

so what that makes me if I mainly drink this one, a hodler?



PS nice stuff, I recommend getting a bottle asap if you like islay (and I wouldn't drink that last one if I were you ).

[Kiki112]

when we get rid of the FUD, we will go up strongly

[anu]

Correct the Whisk(e)y type is a giveaway for the trader type

so what that makes me if I mainly drink this one, a hodler?



PS nice stuff, I recommend getting a bottle asap if you like islay (and I wouldn't drink that last one if I were you ).

Based on your choice of Whisky I'd guess that one of those Bitcoin addresses with a 4-digit amount on it that have been left untouched since 2011 is yours