Quote from: speem28 on April 10, 2018, 03:31:24 PM

If you think about it, the HODL strategy has influenced our decision making drastically in crypto. Through highs and lows, we still do the HODL strategy. For example, last December when bitcoin's price reached its ATH, a lot of us who still not needed extra cash at that moment, HODL their bitcoin thinking that it will still go higher. At the end, when bitcoin's price suddenly fell, we regret not selling our fair share of bitcoin so that we could've earned a decent amount. Most probably now, those people are still holding again and waiting for bitcoin to rise again.

This is why I'm surprised that there aren't more people who are playing the market and trying to make more money off of the normal market movements. Sure HODLing is good for short periods of time where there is a bull run, but in a case like the current scenario if you had sold a long time ago and then targetted lower market prices you'd be walking away with a larger quantity of Bitcoin, but not necessarily a larger share of fiat value.

It's made me a fair amount anyways.