I Trade Bitcoin Every Day and I Have Learned One Thing Above all Else.
HODL HODL HODL HODL HODL HODL HODL HODL
Now many of you know I am a trader. Last night, in order to hedge against losing value I shorted BTC at $4950. I never sold any of my Bitcoin I just used them, with leverage, to protect my buying power. As you can see the strategy worked superb. I love that many people HODL and deal with the ups and downs but I prefer to make more Bitcoin when it goes up and when it goes down.
Trade Bitcoin with Leverage on Bitmex.
I run my business and trade Bitcoin all day every day. I use leverage sparingly after I lost my ass a few times. So I normally trade at 5X and sometimes like last night at 10X. Learn about trading on Youtube and start hedging the Bitcoin you HODL.
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It's been one hell of a run the last week in the crypto world. A small consolidation is healthy and almost expected. Nothing goes up in a straight line.
I am never concerned with short term volatility. My philosophy is always hold for the long term.
Same here. :)
HODL? :P But yes .. great advice to hold on to it! :)
For sure! I'm just waiting for this pullback to complete so I can buy more:
https://steemit.com/bitcoin/@stocks29/bitcoin-bearish-case-elliott-wave-update-price-is-progressing-as-expected
Just keep HODL Just keep HODL Just keep HODL Just keep HODL Just keep HODL Just keep HODL Just keep HODL Just keep HODL
That Kenny Rogers meme got me rolling over here bud.
I love it, made it about six months ago.
I feel like a good HODL and Buy on days like today ;)
Hi friend is it right time to buy bitcoin, please suggest.
Buy all the time that way you don't worry what the price is.
Thanks for the valuable information and advice. You are awesome friend, I am very new here in this platform. I come to know that today is the highest peak day of bitcoin, I have little bit of money in my hands to buy so have much hagitation what to do. Please guide me if you don't mind.
"The best time to plant a tree, is twenty years ago. The second best time, is today."
You are right friend,but you know friend before 5 month I didn't even heard the name of steemit, so that is the game. If you don't mind let me know, more about it. Wish you good luck and good health and happiness friend.
This is so good and so right sir. And that is a lesson learned. I did not sold though I was able to make more BTC.
I always wanted to get some BTC but was always to scared to do so, I think it's time to get a little at this growing rate I might make some proffit to invest here in Steem. Great post @hilarski.
Ya you are right, Because if you want to play with cryptocurrencies then trade in altcoins but if you want to be a millionaire then just HOLD your btc,nice post buddy :)
I have hold it tight. I have some bitcoin but I kept it in my locker and forget it. hope it goes high.
It's a wise decision, that can only benefit in future :)
Thank you for great advice @hilarski
Short term market turbulence is inherent to the system. I completely agree to hold for long-term and don't sell. HODL all the way!
amigo #resteemia at your service
'HODL HODL HODL HODL HODL HODL HODL HODL' i think you mean HOLD :D useful info@hilarski
ReSteemia
'UpVote ReSteem Comment'
I think I'm one to hold and deal with the ups and downs as they come. If believe in the long term value of something it's hard to feel motivated to sell.
The rate of the bitcoin ever increases and sometimes decreases. Give some time Soon the bitcoin has a good rate.
BTW. It's good time to buy... for that reason this selloffs are ;) Market is still healthy.
https://steemitimages.com/DQmbU7Sb2c593nLFs9xUGRPQgCQu7hBT82dtqQRy1z4SJ7z/cdn.zoba.to(30).gif
Holding bitcoins is not only using them, it is the most rational use of them at this stage.
I've come out on top more than underwater, but man is it stressful. When you realize you've bought at the all time high and sold at the low is just the worse. Been there a few times.
I am a newbie,but i have been learning a lot about crypto and bitcoins from you in this short time i have been on Steemit.
Thanks for the tips always.
yes it's really wise decision to hold BTC now. really nice profit.
hodl o.O ? what ? :P
the tremendous trading experience you understand, I think I should learn from your way.
bitcoin at this time with a very big price, do not choose wrong, because it will be a regret in the future.
thank you for sharing information about the market for today.
What wallet is best to hodl your bitcoin in?
Ledger Nano, it is offline.
@hilarski,
Yes no hope to sell or exchange BTC ;)
Very useful analysis friend!
Thanks!
Cheers~
I think July is going to replay again where we will have red days for a while but then we will have explosive gains like we have seen these past couple of days and reach new all time highs.
As @hilarski said it is best to hodl your btc rather than join in and create more panic
In BTC for the long haul.
I dont have a lot but I hope the outlandish forecasts are correct.
I am hoping for a bit more of a pullback to get some more BTC.
I don't have a lot of capital to buy coins these days, so I mainly just purchase a little bit at a time. I recently did a trade and I paid for it, I think for me it's better for me HODL my coins and then dollar cost average it.
So far, I am seeing some good results by doing this!
I have full faith in bitcoin:)
Do you have any recommendation to learn to trade?
Your vision for trading is very tempting, I think that there is a rational grain here. Thank you @hilarski
Hold for the long term! Hang in there. I am in it for the long haul.
Hard for a beginner like me to know when to buy or when to sell...thanks for sharing. upvoted, resteemed and now followed to understand more about BTC and LTC
I always have so much fear and doubt when people start talking about FUD.
@hilarski - I do trades, but I hold BTC & LTC. Nice tip Sir. Therefore, I wish to ReSteem your post.
+W+ [UpVoted & ReSteemed]
HODL bro! :)
Upvoted
Crypto trading is an exciting business. If you sell off too early, you lose potential profit. If you hold on too long, you make loses. The deal is doing your research to know when to HODL. The bitcoin features are good now, HODL won't be a bad advice. I see bitcoin hiting $5000 real soon.
I've bought only with the intent to hodl long term, and now have a small amount of about 20 alts (mostly good ones too, at least this month!) I'm understanding the lure and potential of day trading too just from researching what to buy so far, just don't know exactly where to start with the videos and tutorials. Any recommendations on what exactly to watch?
HODL HODL HODL!!! That is our community mantra ;)
HODL ! HODL! and ... HODL!
Yess we have to HODL bitcoin .. its the Future ... it will be HUGE!!
just wait wait and wait.....
Made me laugh!
Cheers A.
Haha, lol, that poker analogy is so funny. :)))
Hodl, always hodl until BTC hits 100 grand :D
Okay, HODL. Understood and written down. 😊
i don't have balls anymore to trade. i lost too much and i made too much. Not good for me, i prefear a stable/passive return. But yes, if you know how to trade, go for it!
Kenny Rogers hahhaha.... years I haven't seen that icon!
very nice post
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