Post
Topic
Board Economics
Re: Weak Hands lose money, strong hands makes profits in this game!
by
Red Fire
on 03/09/2018, 14:52:07 UTC
I have been through this time and time again. We go through a dip and everyone is running for the hills or selling their coins.

The trolls come out of their caves and the panic nanny behaviour kick into action, triggering a massive sell off amongst the weak hands.

I woke up yesterday and I saw the price was just above $9000. My first thought was, "Damn, I need to buy quickly, before this goes up" and I did. ^smile^

Most people woke up and the first thing they did was to fire up a browser and to read the comments of these trolls and media shills and consequently selling their coins in a state of panic.

The weak hands will lose money and the strong will thrive in this game. Hodl on people!  Grin
I think this phrase talks about how long you gonna hold your coin. It simply says that if you hold your coin in a short period and sell it right away, you might have lose your money. But if you hold it longer, the higher chance that the price will rise up because of the rarity of that coin i guess.