HODL for Life!

in cryptocurrency •  7 years ago 

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This Character Armin Habibi Posted This in an FB Group.

The above meme was my response to this know it all's condescending post.

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Clearly it is entitled to his opinion.
HODL means different things for different case.
It varies on how low you get in.
I am a steem hodler.
Keep on steemin

Some times doing nothing is also a good trade.

So i am doing that now.

Thank you.

HODLers are peaceful creature in cryptosphere.

Thank you...steem on and stay blissful....

I do not agree with opinion, but I see it as negative news for all, but there are people who scare everyone and after the strong fall of the market comes the entry of whales of the market to re-raise prices and win and thus continue the film

I bet his portfolio is worth shit. #HODL

Sounds like he's holding a load of heavy bags and can't handle it!

@hilarski,
I don't think this is the correct time to discuss about BTC dominance! It might drop but not this time! So HODL!

Cheers~

Even if BTC loses dominance. I been saying 20% or less in 2018 it does not make it worthless. Bottom is near #HODL. Makes no sense to sell here.

Trading is not for everyone, and not doing it does not make us lazy. I have been able to upgrade my lifestyle by just HODL-ing. hehe

Me too, the peace of mind is so worthwhile!

The easily missed corollary here is that Armin Habibi is encouraging unprofessional investors to engage in risky trading.

Part of the HODl meme is acknowledging that day trading is SUPER RISKY and should only be done by trained individuals who completely understand the risk / reward ratios and potential outcome of losing all on an unexpected market turn.

I remember selling at 8k in late November, expecting to buy back on the the retracement - that never came.

Armin Habibi is engaging in hubristic, myopic expression. What a jerk!

if one knows the TA very well then no matter it is bull market or bear market. Money can be made both ways becoz we have now future market, so we can also use leverage product.

Thank you and Have a great day.

You're not the only one unsophisticated unintelligent hodler :D
I'm joining you in embracing a lazy train and retarded strategy of buy and hold!

Looks like someone's got some anger issues that don't belong in crypto investing! I'm holding strong, and a few of my holdings are doing quite well regardless of the current market situation. Time to accumulate more Steem I reckon!

Steem is finally getting recognition.

Exciting times ahead. Loved seeing that it's now trading on Binance too.

Another great post my Friend! Thank you very much! HODL! Awesome news today regarding Binance and Steem! It is going to be a phenomenal year for Steem and the Steemit Community! It is so well deserved! The Steemit Community is so very helpful and kind! More and more individuals are realizing the potential and power of Steem and Steemit! All the best my Friends! Positive Energy! Great Karma! Your Friend @extraterrestrial :)

  ·  7 years ago (edited)

Just rewind Mr. Habibi's comment to 2012 - or for that matter 2014 - and you'll see who the stupid one is.

By the way: people like Mr. Habibi are quite common. That's why there's been so few "insta-millionaires" in the cryptocurrency world. It takes a lot of faith to HODL through thick and thin, and faith + guts to HODL in the bad years.

People aren't willing to zoom out and look at the overall picture. Instead, they'd rather wind themselves up by refreshing their portfolio app every 10 seconds, and abusing others because they don't like what they're seeing.

There's another reason: that old common sense tugging your sleeve and whispering into your ear, "a bird in the hand is worth ten in the bush. Get out while you're ahead."

I agree, the coins I HODL made me wealthy. Trading consumed my life and in the the end it was stressful. I happily gave that shit up.

So did I, though it took the sting of huge losses to finally shake me out. Live and learn: an expensive lesson, but once learned you just have to stick with it.

I’m pretty sure this guy must be sooo rich since he knows when to sell and especially when to “BUY”
I guess I m the stupid one, since I’m still holding and don’t plan on selling anytime soon. One of the reason for holding and not trading are taxes and you always miss the perfect buy all sell.

Well played. I am not a fan of the day traders who try to time the market waves. If you're going to invest in something, have faith that it will be a good investment long term. If you're chasing fads, you're much more likely to get burned... even if you think you've made a profit, you still need to take taxes into account!

At the same time, I so think bitcoin and other cryptos do benefit from people using them as a medium of exchange. Not just buying and selling cryptos, but using them to buy products, real estate, services, etc.... I just shudder everytime I hear the stories of kids buying Ferraris a few years ago in Bitcoin... none the less, it proves cryptos are effective tools for commerce.

It seems that some are experiencing some anger issues that are not included in crypto investment! I hold fast, and some of my holdings go pretty well regardless of the current market situation. Thank you guys, we are motivated

Well its nice and update blog. Thanks for steeming @hilarski
This is very awesome HODL sharing on #BTC
Whereas some notification very bad.

  ·  7 years ago (edited)

Hodling is wonderful technique in crypto trade. I always agreed with you @hilarski. nice reply through meme.
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Excellent response to that moron! LOL!

Upvoted

ha ha you answered wisely

Can’t believe someone would hate on HODL. It’s the trademark of crypto at this point lol. HODL GANG

Armin Habibi sounds like a banker. Probably waiting like a vulture to buy some discounted crypto. No ways is he getting to our hodling

  ·  7 years ago (edited)

Hodl wonderful technique for crypto trade,
Meme work great.
Thanks for sharing @hilarski

There's nothing what so ever wrong with "HODL"ing if you're doing it with an actual investment. Just make sure it has a use value or a potential that you can judge accurately.

for now the price of sbd has gone down and steam is now starting to increase.
Will the future be otherwise.

Thank you for giving this information sir........

@hilarski...yes cryptocurrency hopding is a very profitable thing..if buy in a low cost every time and also used to sell in high rates its a most profitable way
.

excellent post .thanks you sir excellent
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Coinmarkatcap down @hilarski

I agree trading #hold

I bet his portfolio is worth shit.@pinkponk

Hodl the right coins. For example POS and/or Masternode Coins or any other kind of coin which offers a innovative passive way to make some profits in times like these.

Armin is correct and it's scary that so many people are getting upset about this. Most of the people yelling "HODL" have no idea how to trade, what a target is or how to set a stop loss.

What Armin is talking about is basic risk management, everyone should have a basic risk management plan when they put money intro crypto.

You have to realize that most people "holding" have no idea what they are doing, they are not investing into a technology, they bought a coin because they thought it would make them money.

HODL if you believe in the technology. If you dont, GTFO

Full 100% and resteemed :-)
Best greetings team @welovesteemit.

Let the guy be a moron. I've seen more crypto morons than I can possibly count on various Facebook and YouTube groups. I don't have to be one though....... I can hold and be happy.

I agree with you

Staring at the charts daily isn't the life for me. So personally I don't mind the buy and hold strategy.

@hilarski great post thank you
##Upvote/Resteem###

So, he is basically asking me to sell my crypto so that he can buy cheap. It ain't gonna happen and we are not free all the day to keep trading. I buy from my saving's and keep it as long as i don't need it.

The best traders and investors have no ego🙂 You have to swallow your pride and get out of the losses

HODL IS LIFE HAHAH EPIC ONE :D

you always new new think ..... all people known them.. it's a good think.. thanks @hilarski for share

Your master steemit @hilarski

Someone doing something bad

testing time for hodlers but it will be worth it

Sit quietly and assess, holding has been good to me. Too many jumping around from place to place pumping and dumping, not my style would find it extremely stressful to work like that.

Not everyone is a trader by nature, that does not make one lazy, just cautious.

new comers be like sold sold sold

hahah you response fits perfectly

If all were meant to trade and earn than the story would have been different ,while I myself have become a Hodler than a trader which I do think is better than trading .If someone is not an expert in trading than the suggestion is great !

I agree, with Armin Habibi comment there, nice post