Quote from: EdenHazard on November 24, 2019, 11:23:41 AM

Quote from: DarkDays on November 21, 2019, 06:20:40 PM

I really don't get the mindset of all these people saying hodl 100% of the time. It is quite clearly more profitably to sell when the market is down, and rebuy when the market is up.

If you do that several times in a row you will end up with significantly more BTC than when you started with. Obviously this larger stack will then be worth a whole lot more if BTC ever reaches the moon as so many proclaim.

You could even throw in some shorting on the downturns and prediction markets for the upturns to increase your profits even further.

Mindlessly holding is now the way for a trader.

What about those people who have no time to spend hours or even days monitoring the latest market condition to know when the best time to sell and when to re-buy it?

Are you sure these people made the right investment choice?

I mean the right choice of investing in Bitcoin and crypto in general? If you, generally speaking, don't have time to check the prices once a week or so, maybe cryptocurrencies aren't for you after all. Maybe you should start looking into something else, for example, deposit accounts which you don't have to check months on end or even long-term treasuries like 30-year bonds which you can safely forget about for literally decades? Just my 2 sats