Post
Topic
Board Speculation
Re: Anyone else think "long term" hodlers are idiots?
by
ashler
on 28/12/2017, 15:15:30 UTC
HODL = GOOD
TRADE = GOOD
GREED = BAD

Someone who bought 1,000 BTC for 1 USD each and is still holding qualifies as a greedy person. That person could cash now 14,000,000 $ (14 Million!), but if he is holding just because he expects the price to go higher still, that's greed, plain and simple.

Being greedy can be very risky, because one can see reduced his gains if BTC crashes to the half, like the current trend seems to show.

No that person has a vision and doesn't think in fiat terms, what is the dumbest thing you can do in times of massive inflation in each nation state currency!
Not everyboy is in Bitcoin just for the money!
This is not why Bitcoin was created! Hodlers who are holding for many years now and studied Bitcoin know what it is really about!
A global financial renaissance with sound money which provides you financial sovereignty and total freedom!

Not everybody is in Bitcoin just for the money! ==> Agreed.

I am talking about the holders that ARE ONLY because of the money. And they very likely outweigh in number to those that are there because of the philosophy behind bitcoin (which I really like, by the way)