If you follow the "herd" aren't you considered as a stupid investor yourself? Because any investor/trader in their right mind won't let their emotions ran over their decisions because they are seeing the market in the state of panic. This is what separates the real investors from the fake ones as they know what to do during these times and they don't follow the hype, FUD, or anything else that will lead them in a bad position. The real investors also are the ones who are taking advantage of these "stupid investors" as they are the ones who are buying and selling their mistakes.

Buying low and selling high has always been the dream of everyone whether it be bitcoin or stocks. Of course we want profits. But like now, bitcoin isnt moving so that's the reason why people would say buy and hold. Hold means you wait for the right time to sell. Coz if you bought at the time btc was at 11,000 then it went 18,000 thats still considered buying low. But if you bought btc at 11 but it went down to 7,000 or 6,000 if you look at it, selling is not a very good option for you so thats why you hold and wait for the time btc will go back to 11,000 to break even or wait for it to go back to 18,000 by chance.

I think buying less and selling high is a good idea. But some people will try to manipulate the market without having clear observation. So some volatility may come and accept it with in depth knowledge.

Worse, he ignored everyone's warnings here, bought with money he wasn't prepared to lose close to ATH, sold at a huge loss and now wants everyone else to buy high and sell low like he did so he doesn't feel so stupid.

All the ones shouting 'HODLing is stupid' are people who don't understand BTC and will not make any money.

It's almost like everyone here didn't tell them to only buy what you are prepared to lose and to HODL because there will be wild price fluctuations. They were warned, they were just dumb and greedy and got their fingers burned.

I don't know if you can call them stupid, maybe irrational at times, How many have we seen buying at the top price and easily burned when the bearish trend suddenly take over and the herds are never to be found around the corner? That's the sad part for those investors (usually newbies) who jumped in and thinking that we can go parabolic forever. Common sense will dictate that it will not the case so unfortunately for them once they enter the whole picture suddenly changes. I'm sure that they all learn their lesson in a very expensive way. And I don't think they realized what really happen until they sold everything to cut their losses.


Exactly. The old adage has been preached million times but there are still investors who are tempted to sell at the smell of every dip. As much as we want them to HODL, they do the opposite. Well, its not that easy though, really take years of practice not to be affected by a sudden dip or even a major crash.

That’s why the point of every business decision is that you think independently and not just listen to what others do. I always say that this is an opportunity to buy more, however I am also open and well aware of the fact that there might be a consequence to that but I am prepared to garner that loss because my gut and my belief is telling me that I should hold and wait. However that may not work for everyone and that is why it is encouraged that you do your homework yourself and make a decision for yourself

yes, its right. buy low and sell high not easy. you must gain knowledge about this and know the market condition.

So everyone who bought at 7000 will sell again at 14000 and we will repeat the cycle? 

many people think it's something easy, because it has an easy theory. as others feel, working harder than saying it. well, we have to think of really good steps before we invest in something we think will be profitable in the long run.