Post
Topic
Board Speculation
Re: Three things not to do when Bitcoin prices are down
by
deisik
on 02/10/2018, 16:15:21 UTC
I think the most popular thing to do on this forum is to just HODL. I tend to take a break from crypto when the price is in decline.

In fact, you can read different opinions, sometimes very opposite

Another fact, which is called selection bias, is that the supporters of the HODL approach may be just a little more vocal than those who silently follow other strategies. In this manner, you may inadvertently come to a conclusion that "hodling" is a dominating avenue of pursuing profits in the cryptoworld among the local population, while in reality it may be quite the other way around. Recently this strategy hasn't been very profitable (mildly speaking) and so you hear a lot of noise about it as those who actually earn money are typically not very much inclined to tell the world about their success



As the saying goes, silence is the sound of money talking