Post
Topic
Board Trading Discussion
Re: Too much HODLing stealing opportunities?
by
kotajikikox
on 05/12/2020, 08:24:30 UTC
For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?
Because until now there are still Some folks that trying to tell People the story happens from 10 years ago when a Drop up student bought Bitcoin and let it there for long time until 2017 comes and he earn millions of dollars.

But these are just a Tails now and if you really wanted to earn then better gamble in opportunities "Buying Low Selling High".

While we believe that Bitcoin may reach even a million dollars in future yet that will count another years when we can at least add amount in our coins by buying and selling.