Why HODL ? \ stacker news ~bitcoin

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248 sats \ 11 comments \ @JulienPH 5h bitcoin

Hello everyone,

I'm currently writing an article on why trading makes you lose in the long term, and in particular why HODL is the best strategy. It's an asset-agnostic observation, although it's all even more true with Bitcoin. The objective is to have a synthetic text to demonstrate what the Nash equilibrium is, because all too often we hear outside the BTC-Maxi sphere that trading is used, including on large timeframes.

But I'd love to hear other ideas to complete it. So my question to you is: What are the reasons that justify, for you, avoiding trading, and why holding a position (HODL Bitcoin) is strategically optimum?

Ideas, deduction, articles, datas, I take it all. Thank you

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26 sats \ 3 replies \ @DarthCoin 4h

Read:

0 sats \ 0 replies \ @Jon_Hodl 22m

One of the best trading memes ever.

I also like the TA lines and they all point down.

Bravo.

0 sats \ 1 reply \ @JulienPH OP 4h

Thx Darth. But the point I'm trying to make is the strategic inferiority of trading. Because even among people who like bitcoin, I too often read things like “I'm going to sell the top to buy the bottom, and double my BTC”. It's more this fallacious idea that I want to demonstrate is impossible.

1 sat \ 0 replies \ @DarthCoin 4h

those are not bitcoiners... are just fiat maxis. Is pointless to explain them bitcoin. Don't waste your time writing content about how to trade or not to trade currencies. Bitcoin is not a currency. Bitcoin is money. And there's a big difference between them. Spend your time learning yourself how to use Bitcoin as money and then teach others.

7 sats \ 1 reply \ @SwapMarket 1h

Same reason why gambling in casinos is dumb. The expected return is negative after bid-ask spread and fees. Only the exchanges and some market-making bots can be profitable in the long run (if the market-making fees are nil).

0 sats \ 0 replies \ @JulienPH OP 51m

Yeah that exactly my point, in fact is even before spread and fees, because structurally you cannot outperform the market without "secret" useful knowledges. I will post my draft of the post, he's got a cybernetic approach, maybe he'll clarify what I'm asking to improve it.

5 sats \ 1 reply \ @Roll 4h

But Holding isn t trading !!! but long term and not short term?

#233460

#663870

0 sats \ 0 replies \ @JulienPH OP 4h

Thx, I will read that

1 sat \ 0 replies \ @nkmg1c_ventures 1h

Because if you sell at 85k and then it goes to 88k you wanna smash stuff, albeit only a bit

0 sats \ 1 reply \ @Paterfull 4h

I had 0.03 or something like that in ETH back in 2019/20 and the next two years the value went from 5 usd to around 40 usd, almost 10x profit. If you have an even larger sum invested the return is even greater (if the coin rises of course) so HODLing may be slow but it does pay out.

0 sats \ 0 replies \ @JulienPH OP 4h

The idea is more to prove/demonstrate that trading do not increase on the long run the quantity of the asset, what ever the asset is. I don't say that empiricism is not useful, but that should be a statistic analysis, not an anecdote.