Post
Topic
Board Trading Discussion
Re: Hodler, you motherfucker.
by
amishmanish
on 21/11/2019, 08:01:43 UTC
It all started so innocently. Why not give crypto a try? All the guys at work are talking about it. Shitcoins, ICOs, Tethers, Smart Contracts. You wanted in. It was the Next Big Thing, you fucking idiot.

So you put a little money in the crypto market in 2018. How do you feel today? Portfolio in the red. You don’t even want to look at it. Hodl, they all said. It will come back after the FUD, they all said. And now you’re numb, and depressed, and can’t even afford a bottle of Jack to drown out the pain.

You’ve learned (hopefully) that hodling is bad.

Hodling is like prayer. A lot of people may believe in it, but it doesn’t fucking work. Your assets aren’t protected by God, and they do not respond to the intensity of your beliefs. No matter how hard you believe, crypto-assets just do whatever they do. The market and the universe remain indifferent to your convictions.

In the world of poker, there’s a saying: “If within the first 10 minutes, you can’t spot the sucker at the table, it’s you.” So you’ve been pwned by crypto, Mr. or Mrs. SmartyPants. Somebody else is having a nice Christmas this year with your (actual) money.

But every failure is a learning experience. Hopefully you’ve learned something too. Most successful investors eat shit at the beginning. You know why? Because the ones you’re trading against have already eaten it, and they know how to avoid the same mistakes.

Haha..This was an awesome post and could have gone to a lot of other conclusions.
ROFL @ "It was the next biggest thing, you fucking idiot". Not just shitcoins and ICOs but also Blockchain Logistics, Blockchain Bananas and Shrimps, Big Data and AI on blockchain...!!LOL..and of course, smart contracts.

I just want to say that this little guy who bought a fraction of a BTC in 2017-18 maybe an idiot but not the "fucking idiot" that the true hodler/ whale is. Its the people who keep propagating stuff about hyperbitcoinization and sortta lead the new guy to "believe" and hold on to their bags. The real BTC whales are themselves "trading" and moving the market in ICO's, IEO's etc. Who does all these pumps and dumps where the starry-eyed new bag-hodlers lose money?