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Dan Held expressed: HODLing Bitcoin is painful. If you survive the journey, you will truly know what HODL means.
Peter Schiff replied: I think I figured it out. HODL means Hold Obsessively Draconian Loss.
Community Reaction : Hold on for Dear Life.
Thats funny! But you still have the same amount of Bitcoin, so when you flip your view you see the war going on in the background. They either kill it or just buy it cheap. They CANT kill bitcoin, so wait a month and they are buying it like crazy. Its good news.
Just tell me it’ll recover eventually. Why I should HOLD? Sell after the ATH and buy in the Bottom Hold is fake and stupid system.
HODLing is hard only if you are considering selling. Adapting a belief that you will never sell makes all the difference.
Same stuff I hear from gold traders. Not good advice if its money that will be needed anytime soon. HODL is fine if its money you can afford to possibly lose. Bitcoin or any other asset does not come with insurance.
I think there is a changing of the guard in terms of preaching about HODL. Very different if you bought 10 BTC in 2013 for minimal investment versus someone buying let’s say 6 BTC for 300k. Very different skin in the game.
Good strategy, hodling is still by far the safest and best way to keep crypto investment safe while trading is the best way to double your portfolio.
HODLing any crypto today is painful. Worst nonsense I’ve ever heard. Investing should NEVER be painful. Smart choices up or down, protecting your assets.
Whatever happens I enjoy the journey morę than the money. If you are healthy, got food on your table and didn’t invest your life savings, you shouldn’t complain.
At each dump I think destiny lends me a hand. D: “friend you arrived late but now you can get some BTC at a discounted price. “ Me: “thanks you buddy”
HODLing when you are losing your unrealised gains is different from HODLing when you are in the negative! Thank God I’m still not there yet.
Kids, don’t panic, take your time and wait for everything to grow back. Way back in 2015 Dan said HODL when the Bitcoin sell off continued.
It’s beginning to get hard to HODL. Personally. BTC needs a solid bottom and every time we think we have one the last few weeks, it gets smashed and we dive further. Enough stop this whales. Stop manipulating and let us breath again and climb a bit. This isn’t healthy.
