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RE: HODLERs can be uninformed Morons. Do you understand you are NOT buying lottery tickets??

in #bitcoin7 years ago

Well, I agree that on short term (if you know what you're doing) that it can be a good move to temporary change it back into fiat or a smart coin like bitUSD, and wait till things cool down. But no matter what, if you are invested in something that has real potential, hodling is a fine strategy.

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Depends on how much money you have at risk. If you have a small amount at risk and can afford to lose it all the HODLing for "real potential" could be a fine strategy.

But if you have a larger amount at risk and are using a portion of your "investment funds" for crypto, then in order to HODL under all scenarios you would need closer to "high certainty on potential"; which is a more stringent standard than real potential.