/biz/ - Business & Finance

If nobody sells, the price can only go up.

The old hodlers of 2011-2013 knew this simple fact. The LINK marines of today were the HODL marines of yesterday. It makes sense: if there are less coins on the market, buying opportunities are more scarce. Many whales are whales now because they simply held. But this sentiment, once widespread in the crypto community, was lost to time as the community grew. Instead, greed and favor for instant gratification has taken its place. Dumb money with a focus on getting rich quick now dominates the market, and many attempt to outsmart one another by selling quick enough to swing the next dip.

And can’t you see that’s exactly what ((they)) want you to do? Frequent buying and selling, swing trading, falling for FUD, capitulating — who does all of this benefit? Whales, exchanges, and institutions that want to buy in cheap. You’re being played.

There is a good reason why “hodl” became a meme.

If nobody sells, the price can only go up.

The old hodlers of 2011-2013 knew this simple fact. The LINK marines of today were the HODL marines of yesterday. It makes sense: if there are less coins on the market, buying opportunities are more scarce. Many whales are whales now because they simply held. But this sentiment, once widespread in the crypto community, was lost to time as the community grew. Instead, greed and favor for instant gratification has taken its place. Dumb money with a focus on getting rich quick now dominates the market, and many attempt to outsmart one another by selling quick enough to swing the next dip.

And can’t you see that’s exactly what ((they)) want you to do? Frequent buying and selling, swing trading, falling for FUD, capitulating — who does all of this benefit? Whales, exchanges, and institutions that want to buy in cheap. You’re being played.

There is a good reason why “hodl” became a meme.

If nobody sells, the price can only go up.

The old hodlers of 2011-2013 knew this simple fact. The LINK marines of today were the HODL marines of yesterday. It makes sense: if there are less coins on the market, buying opportunities are more scarce. Many whales are whales now because they simply held. But this sentiment, once widespread in the crypto community, was lost to time as the community grew. Instead, greed and favor for instant gratification has taken its place. Dumb money with a focus on getting rich quick now dominates the market, and many attempt to outsmart one another by selling quick enough to swing the next dip.

And can’t you see that’s exactly what ((they)) want you to do? Frequent buying and selling, swing trading, falling for FUD, capitulating — who does all of this benefit? Whales, exchanges, and institutions that want to buy in cheap. You’re being played.

There is a good reason why “hodl” became a meme.