What is a "strong hand" and a "weak hand"?? Does this imply bitcoin is some kind of investment scheme? I thought it was a currency.
You can invest and trade in currencypairs it's been done for many many years
.An investment scheme is usually a company that trades for you and tells you it will make a good profit and lose your money
"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)
"Strong hands"
are people who only sell at their targets. (e.g. I will sell at $2500 or if it goes below $200)
"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. Let's take that sixth whiskey *burp* while the market takes a $600 dive)