Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Being a HODLER has many advantages like no need to submit yourself to exchange risks and no need to wreck your brain and invest time into deciding when to sell and when to buy back. The disadvantage however is that you may spend a lot of time underwater or lose your entire investment one day if Bitcoin fails. But these people don't care as it's either all or nothing for them, and that's also a perfectly valid strategy if you ask me. 
There's an implied advantage that you've hinted at here without bringing up specifically. If one does not need to devote time daytrading, then that time can be used for other things.Regardless of whether Bitcoin succeeds or fails the entire investment is not lost, because the investment consists of Bitcoins plus whatever else was done with the time that was not used for daytrading.
Valid point, but there's this recurring theme on this forum that you're either a "holder", or daytrader.
There's obvious a huge spectrum in between those two sides, both in number of trades on average, and time commitment.