You are told to "Hodl" because you are an NPC that is incapable of controlling their emotional state to be able to succeed in trading. You also act as liquidity for bigger boys to move the price away from you, and as support and resistance levels.
It is a meme which protects you from yourself. If you have the ability to disconnect all emotion from your trading decisions, then trading is infinitely more profitable than holding shitcoins. You have to be a literal ROBOT. If you see a position that fits your trade criteria, you take it without question. You then manage the risk on that trade to ensure at maximum you lose 1-2% but seek to profit 3-6% minimum, that way, even if you win less than 50% of trades you still make money.
If you end up on a closing streak which sees your capital drawn down, most NPCs throw in the towel at this point, hence the meme that trading is not profitable. You have to continue even in face of this because mathematically as long as you stick to your system of grinding out trades with a higher reward percentage than risk percentage, over time, you accumulate equity.
Do you think whales hodl? No they don't. Which is why the price constantly fluctuates with massive volatility. If you had swung every top and bottom, or even caught the wave on each cycle, you would be many many times more profitable than hodling, which in itself is a massive risk since I assume the vast majority of hodlers do not implement any form of risk management.
I would say only those with high functioning autism, those who have achieved a state of zen or some sort of personality disorder can truly control themselves in such a disciplined manner as to exponentially grow their account this way.
All scammers. Scott Melker shit. Youtube tiktok shit. Get fuckd you retard. Im holding BTC since 2015. Guess my gains... If youre within 200k usd of the right answer I will send you 5 BTC. Seriously.
Jaxson Lewis
You had almost 3 years OP
Elijah Mitchell
t.made one profitable trade after bagholding shitcoins since 2017
Levi Russell
Still not selling any of my 150k chainlink tokens
Andrew Davis
Thats a man
Christopher Torres
1.7m
Daniel Mitchell
Cope Defence Force
Ethan Lee
6.3m
John Watson
You conveniently left out fees, slippage and spread. You start every trade at a loss. You have to beat a lot of odds before becoming a profitable trader.
hodl meme was cucked from the start, it originated from some guy saying he doesn't care if his wife goes clubbing he'll still hodl.
Jaxson Collins
so you gonna tell me that those who did hold bitcoin back in 210-2015 to 2018 and made millions they were NPC? well then I want be this NPC too..
Isaac Martinez
Which is why you factor in fees, slippage and spread into your risk management strategy?
Jonathan Bell
Very close. Ill send it anyway drop me ur wallet
Blake Howard
If that's true, cash out enough for a tangible asset now. Because there is still the slim chance it could all crash tomorrow.
A car, a house, gold... anything tangible that you can fall back on a safety net
Don't put all your eggs in one crypto basket
Isaac Gomez
quality post OP, I agree ALWAYS risk manage. take those small losses so that you can take those big wins. You're never gonna always win, so make your losses small by setting up those stop losses
bc1q6tr57ppqcvncz6qluj9wzhvdv52dw5e8r2lfn8 Based probable but hopefully not larper
James Lewis
I promise OP, I'm phoneposting now though - is that okay?
Austin Garcia
he fall for the send me your wallet meme again next episode, the doomer.
John Butler
You're not me, shoo shoo
Adam Cruz
sent ;)
Asher Young
nothing you said is wrong, but the way you typed it reeks of newfag
Brody Gomez
In the last 2 years alone Bitcoin has been $5k, $20k, $10k, $3k, $10k, $3k, $10k....
Ian Campbell
>newfag I've been on here since 2007 zoom-zoom. This place is why I dont have to wage anymore. I am just trying to provide some insight into this shit that I wish I received when I first started.
Luke Williams
shut up schizo
you never sword not to swing trade you degenerate
user has 27 million in BTC
Julian Smith
yeah retarded "hur dur anons I'm smartu, just tradu and lose all yoiur portifolio" FUCK YOU FUCK YOU Never selling never giving up never being faggot and always fucking your waifu's ass imout
>Because there is still the slim chance it could all crash tomorrow. I DONT GIVE A FUCK I WILL NEVER FUCKING SELL DO YOU UNDERSTAND I AM NOT FUCKING SELLING NEVER IT CAN CRASH TO ZERO I DONT GIVE A FUCK I STILL WONT SELL IT PUMPS TO 100 BUCKS I STILL DONT SELL AT LEAST 1000 DOLLARS PER TOKEN AT WHICH I STILL WONT SELL BECAUSE I AM NEVER FUCKING SELLING GET THAT INTO YOUR DEFORMED SKULL ALREADY
>sword not to swing trade I never swing, user. If he follows through, I will send you 1BTC if you post a timestamped picture of your hand within the next 10 minutes. Just curious about something.
Juan Green
Well, I was looking out for you. But you had to go be a a cunt about it
