Quote from: Hatchy on Today at 07:14:34 PM

Quote from: Mia Chloe on Today at 06:39:55 PM

Quote from: JayJuanGee on Today at 02:58:01 PM

The underlying theme of this thread is long term, so sure it might be fair to suggest that there might be better ways to make profits rather than just holding for the long-term, but then those kinds of deviations are likely going to cause us to deviate from the topic of the thread and devolve into ideas of trading and gambling, which seems to be a pretty damned slippery slope, and many of us already realize that trading and gambling is not really something that beginners (or even experienced investors) should be doing because besides taking us off topic, it is not easy to develop those kinds of more advance skills rather than focusing on more basic accumulation and holding skills.

Bitcoin hodling is divided into 2 which obviously is the long term hodling and short term hodling However I will classify Short term holders as traders and long term holders as the real holders as the long term holders represent the true image of Bitcoin enthusiasm as long term is what hodling really means. This does not apply to other shit coins as they can't be trusted like Bitcoin and therefore they can dip at any time leading to great loss trading with shit coins is still not advice.

To be honest, the term "hodl" should only be used when talking about Bitcoin. I don't see a good reason why someone would want to hodl a bag of altcoins or rather shitcoins whether for the short or long term. In the end, it often results in having worthless assets. If someone decides to hodl Bitcoin, it's better to aim for the long term, as short-term hodling suggests trading, gambling, or using Bitcoin for quick profits, which can be risky. If someone wants to hodl, it's wiser to do so in the long term and accumulate Bitcoin using a strategy that suits them best.

or 4000 usd worth of doge turns into 1.4 million usd

which happen from 2019 to 2021