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RE: Wait I thought everyone holds long term?
HODLing is not a bad strategy. The problem with people who hodl is that they cry a lot. Better to sell it if they are going to bitch about it.
Personallly I am a Hodler but not too hardcore. I take my profits where I can. But my idea is to find another entry point to reinvest it.
Irrational is not even the word lol. I hate to sound like an elitist but the barrier to entry must be raised.