A single term from the crypto dictionary which became the most common investment term that extends beyond the boundaries of the crypto world. You guessed it right. It's none other than our all loving HODL Posted on 18th of Dec. 2013 by GameKyuubi titled I AM HODLING on Bitcointalk forum. Little did he knew this would become a significant milestone, especially for the ones in r/CC sub. GameKyuubi has had one too much whisky and inadvertently became the HODL legend In the thread, he ranted about his poor trading skills and his intention to simply hold his bitcoin as its price was plummeting at the time. “You only sell in a bear market if you are a good day trader or an illusioned noob,” he added. “In a zero-sum game such as this, traders can only take your money if you sell.” Thanks to GameKyuubi, we now know we should never sell during a dip because we’re not good day traders or an illusioned noob. Edit : Added some more context. [link] [comments] |
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