Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: HODL bitcoins, you can do it! Look at HODL camp map to build up strong hands
by
Wind_FURY
on 13/03/2024, 09:16:58 UTC
⭐ Merited by JayJuanGee (1)

They also forget to use Bitcoin as a benchmark from where the value of their capital is based from? Why? Because if a "trader" can't outperform Bitcoin, then why be a "trader"? Simply be a HODLer and try add units in your capital in Bitcoin by buying the DIP and/or DCA.

They are in belief that being a trader is the way to riches but they don't realize that it's the hardest path and we've got some easiest strategy and that's effortless through DCA.

Being a holder and just adding up more bitcoins by having buying is what they just have to realize that they'd able to see why we keep on telling and suggesting people to do it.

No need to get into the battle of hassle with other traders when you can HODL and DCA.


Many people will leave the most important part out of the sentence, which is being the BEST top 10% of active traders. Believing that merely becoming "a trader" as a pleb with low capital would be enough. Plus if a person is a profitable trader, but his/her profit is just 15% better than Bitcoin, would it truly be worth the stress and anxiety? It probably will be for people who do not value their mental sanity and time outside of cryptocurrency trading. But if you ask me, outperforming Bitcoin by a mere 15% is disappointing in my opinion.


Let's be honest: the majority of traders will wind up with less Bitcoin in their pockets than if they simply HODL'd. And if you're someone who values his mental health and is still considering trading, then you're not doing yourself any good, because trading comes with a lot of mental stress, which isn't ideal for someone who values his mental health. so rather than putting yourself through all that pressure, why not just HODL and save yourself all the trouble.


I'm very confident that most of us plebs who "traded" during the last cycle, denominating their capital/portfolio in fiat, currently have LESS value denominated in Bitcoin today. Because we're mere plebs, and because we can't truly win/out-trade those professional traders and their army of trading bots, then the best decision we can do is merely to denominate our capital in Bitcoin by HODLing everything in Bitcoin.