Quote from: JimboToronto on January 18, 2022, 04:05:11 PM

Good morning Bitcoinland.

Doing a better job here of digging out from under the snow than Bitcoin is doing moving up in price... currently $41620USD/$52086CAD (Bitcoinaverage).

Yawn.

Quote from: El duderino_ on January 18, 2022, 03:25:57 PM

Annoying price of BTC for long term hodlers….

Some did sold some at good/reasonable prices compared with now.

But to sit on a load of cash with non intentions not really the best thing imo.

Though I understand some would like to buy on the cheap, but now price isn’t yet cheap enough to rebuy, maybe if sold at the ATH-ish, other problem is people who haven’t sold any or very low numbers are a bit stuck as well cause if they want something a little more expensive, then it surely isn’t the price to sell atm…

Struggle of a hodlers life ….

Btc to cheap to sell or to high to buy back…. Grin

Sounds more like the struggle of a tarder's life.

Hodlers simply buy whenever they can and sell only when they must... regardless of the price. Much less stress.

Much more profit.

That's more succinctly put than how I had responded.

I was going to say something regarding the trading angle, but it seems that I had kind of gotten lost in my own examples of variable types of HODLers/accumulators... but the essence of the matter would be that historically people who largely accumulated and HODLed their bitcoin would have had a tendency to gravitate towards NOT worrying too much about swings in price.. - even though surely it could take more than one cycle or perhaps even two or more to get to a place in which less and less worry would develop regarding the ups and downs of the price.. .

Quote from: Richy_T on January 18, 2022, 08:30:44 PM

Quote from: Torque on January 18, 2022, 07:08:50 PM

For example, high inflation affects us all, but only a very small segment of the world population is motivated enough to actually do anything about preserving their wealth. Or even CAN do anything about it. Even in countries where they currently have hyperinflation, you would think that by now everyone there would own a little bitcoin, but they still don't.

One of the benefits of ~~making~~ incentivizing people to live paycheck to paycheck, I guess.

FTFY...

The incentive is to spend your fiat as quickly as you get it because even in a few weeks it may well not be worth as much as it was.