@davebrewer got info man..what you are describing isn't investing though, it's trading. two different things. no one invests on technicals. yes, they might be better suited to predicting short-term movements but long-term prices are explained mainly by fundamentals. for crypto though, fundamentals are largely non-existing so all we are left with is technicals. can't blame folks for holding through this, not the worst thing to do.
RE: HODLERs can be uninformed Morons. Do you understand you are NOT buying lottery tickets??
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HODLERs can be uninformed Morons. Do you understand you are NOT buying lottery tickets??
Agreed. Trading and investing are different. But HODL under all scenarios is neither.
HODL under all scenarios, forever and ever, no matter what, is what you do with lottery tickets.
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that depends man..holding under all price scenarios is just long-term investing. shouldn't be getting newbies trying to time the market.
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Holding under all scenarios, also called HODZ, hold until zero, in many cases.
If you want to Hold UntilZero, go for it. Just don't confuse that with investing.
Investing has entry and exit points.
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