Hello Knowledge seekers,
Ah the Cryptocurrency market, a place where a tears and laughs are shared, profits and losses exchange, and more than that a spirit of stubbornness and ability to ignore everyone and stay in one path without changing direction. But at the end of the day their will be this sector or group of people who will be against each other fighting for dominance on the idea of HODLING vs TRADING. Its funny because both ways are good and bad in different ways but the way people design it and present it is like the question,"who came first, the chicken or the egg?"
STATISTICS AND ANALYSIS:
After doing some research since 2017 which was long time but of course qualitative research is better than quantitative research and statistics can be manipulated if not analysed correctly by a biased group of people and in some way that information could be then deemed reliable when its not. Since Bitcoin's inception, 3846 days have passed for the past decade, now if we see hodling crypto was actually profitable in theory without taking into account any percentages like more or less, great or inferior, better or worse. 3730 days where profitable to invest and HODL Bitcoin and that is exclusive only for Bitcoin.
And only 116 days where not profitable to invest in Bitcoin, if we round up in terms of percentages, we will see the 97% chance of investing and HODLING in Bitcoin is actually profit and not a loss. Who would miss such an opportunity? I believe its everyone because people get emotionally moved by colors of candles than facts on paper.
Why HODL Is Better In Practical Application:
As a philosophical person I like to look at things practically than theoretically because application is the main move and theory is just calculating and not learning. You see experience is different than Knowledge or information and everyone one of them makes a long chain process that leads to mastery. HODLING Bitcoin is probably for you since your not psychologically trained to maintain all these numbers in your head and that's how I make wiser decisions than hasty ones.
Financial Gurus and fake traders which are proclaimed to be in immense profit all the time actually making money selling you how to make money shit. People no longer want to follow whats good for them but go and long for these imaginary desires that they have and that what created scammers in all bases and levels of society.
It all boils down to your sanity. We as humans not trained to be mathematical calculators or trade on patterns we think are correct because quite frankly we created them as a "pseudoscience" and I don't believe in technical analysis as much as most gamblers think they trust it because the utility and value of Bitcoin is much larger than a fool trying to make a art drawing competition of trading it.
