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RE: Discussion about the HODL concept - Your opinion is needed

in #cryptocurrency • 7 years ago (edited)

I think HODL is key in the stock market and if you were involved in the 2013 bitcoin crash you would be thanking your hodling ways. I think Hodl doesn't help the whales at all it only helps you when you are smart enough to know you can't time the market. Weak hands are what help the whales. Many more weak hands than holders. 100% hodlers = no whales.

7 years ago in #cryptocurrency by
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     7 years ago 

    Thank you Gabby, so basically the argument of this other dude makes no sense right?

    I totally agree with you, whales profit from the weak hands who sell in panic and sell their cryptocurrencies for low prices... If the market HODLs; whales would be forced to buy in at higher prices.

    Thanks for confirming my thoughts, I hope we are right about this ;)

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