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RE: Why HODL?

in #cryptocurrency6 years ago

This is why we shouldn’t put more money than you are willing to lose in these assets as it is a long term play on a developing and immature technology which creates inefficient markets. These markets will always go too far in both sides, up or down. Be careful with shorting as unlike going long, you have in theory the ability to lose an infinite amount of money whereas long investors can only go to zero! Myself, I bought in 2016 and took some off the table early this year and diversified and found Steem... Looking forward to a decentralized future!

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