Post
Topic
Board Speculation
Re: Strong hands
by
anu
on 18/04/2014, 07:44:22 UTC
Let's take that sixth whiskey *burp*

Everyone takes one too much, once in a while. Your selection of whisky depends on your choices and your character, however:

"HODlers"
are the ultimate strong hands and go for max profit or max pain. (e.g. I will sell at 100k or go down with bitcoin.


"Strong hands"
are people who only sell at their targets. (e.g. I will sell at $2500 or if it goes below $200)


"Weak hands"
are people who feel compelled to sell when the market takes a small dip, they give into fear or they have invested with money they cannot afford to lose (also fear). They panic sell. (e.g. The market just went down $10 O-NO quickly sell before it goes down $20. If it does I can't afford to pay back the loan I took out for bitcoin)