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/biz/ - Business & Finance

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50096827 No.50096827 [Reply] [Original]

hodl is a sign of low intelligence

>> No.50097056

>>50096827
I honestly don't even watch my crypto. When I sell I lose money I sell low buy high so fuck that.

>> No.50097078

>>50096827
market inefficiency is artificially induced, soon AIs will take over and the average person will trade with flawless grace

>> No.50097695

>>50096827
only retards dont take profis + principal

>> No.50098332

If you can perfectly predict the future like that picture implies, then making only "15% profit" means you're a fucking retard. You should easily x100000000 your money if you know the future exactly.

>hurdur line always goes up after going down! I am a genius after all
Yeah, good luck with that. Post your BTCUSDTPERP leveraged long contracts if you're so confident in your strategy.

>> No.50098844

>hodl is a sign of low intelligence

then why hodlers are on fortune magazine list while /biz/tards live in their mum basement while getting scammed everyday on shitstocks like gayhorse or pajeet crypto scams?

>> No.50099510

>>50097056
DCA over time automatically is the above average intelligence, agreed upon solution to the game of finance. In an economy that is prospering, things will be worth more in 20 years than they are today. DCA is a little different in a highly speculative play like crypto but the principle of not trying to time the market and just keeping exposure to the space over long periods of time remains the smarter bet.

>> No.50100286

>>50096827
But I'd rather take 5% profit for doing absolutely nothing than 12% profit with the stress of having to figure out when to sell/buy.
I like automating that shit so I can focus on working out and training my dog instead of looking at charts all day.

>> No.50100483

in reality, bad traders should just hold the stock
if you're a bad trader you're just going to get shaken off and buy tops

>> No.50100670

>>50096827
Is that over a 1 day horizon?

>> No.50101400

>>50100670
This.

HODL Fags win out on LTCG alone.

>> No.50102338

>>50096827
>People think Warren Buffet has low IQ
When not even a billionaire tries to time the market, you know it’s not a good strategy.

>> No.50102363

>>50096827
It's more than that, it's a jewish psyop. HODLrs remind of me of christinsanity victims.

>> No.50102403

>>50098332
This. If OP thinks he can predict the price, then go ahead and open positions with high leverage. Lets see how long it takes before OP ropes.

>> No.50102449

>>50102338
most people don't manage billions of dollars lmfao
going from 1k to 10k is easier than going from 1 bil to 10 bil through trading

>> No.50103661

IRON FUCKING HANDS BABY