The Habits Of Highly Effective HODLers
How can you maximize your bitcoin stack and the benefits you gain from it, while HODLing?As the title suggests, I’ll go over what I believe makes a good Bitcoiner with the hope of persuading you that being a HODLer is actually an important job that entails certain responsibilities.The outline roughly will be:The philosophical prerequisites of the HODLer’s mindsetImpediments to adopting a personal bitcoin standardPractical takeawaysLet’s go.We have an important role as Bitcoiners to always be orange-pilling, but to do so in a way that’s constructive, and that means being sensitive to the....
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Billionaire and crypto-asset supporter, Mark Cuban has identified bitcoin hodlers’ endurance as a model that stock investors can follow. According to the billionaire, after acquiring the asset at high prices back in 2017, the hodlers “held on because they believed in the asset.” Following in the Footsteps of BTC Hodlers These long term hodlers were unmoved even when the crypto asset lost more than two-thirds of its value after the 2017/18 bull run ended. Cuban’s remarks about BTC hodlers were in response to a request for advice to stock traders that incurred losses....
Bitcoin supply that has not moved for over two years has hit a 3-month low, indicating conviction from long-time HODLers. Long-time Bitcoin (BTC) HODLers are refraining from selling their holdings, on-chain data from Glassnode shows. According to Glassnode’s "BTC Percent Supply Last Active 2+ Years" indicator, Bitcoin that was last moved well over two years ago reached a three-month low to 45.364%.BTC Percent Supply Last Active 2+ Years. Source: GlassnodeThis trend indicates that Bitcoin HODLers who bought around the top of the last bull cycle in 2018 and before are showing deeper....
The commonly-cited method of dollar-cost averaging might be less effective than lump-sum purchases.
Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link.Top Stories This WeekCrypto markets soar after Fed commits to printing and Evergrande plans to pay its debt The crypto markets were showing signs of recovery during the week as the U.S. Federal Reserve committed to carrying on its spending habits, while Chinese real estate giant Evergrande was able to strike deals with bondholders to....
Much is said about crypto adoption and how we, as hodlers, will be on the right side of history. And while regulators, U.S ones especially, have been trying their damndest to derail the revolution, data compiled by TripleA shows a positive trend with crypto adoption, especially in many developing nations. With that, India, despite their […]