Holding bitcoin/altcoins for
long term profits instead of day trading and taking quick smaller profits.
Originally used as 'HODLING' in a
drunk forum post on bitcointalk.org by a user.
"I type d that tyitle twice because I knew it was wrong the first time. Still wrong. w/e. GF's out at a lesbian bar, BTC crashing WHY AM I HOLDING? I'LL TELL YOU WHY. It's because I'm a
bad trader and I KNOW I'M A
BAD TRADER. Yeah you good traders can spot the highs and the lows pit pat piffy wing wong
wang just like that and make a millino bucks sure no problem bro. Likewise the weak hands are like OH NO IT'S GOING DOWN I'M GONNA SELL he he he and then they're like OH
GOD MY
ASSHOLE when the
SMART traders who KNOW WHAT THE
FUCK THEY'RE DOING buy back in but you know what? I'm not part of that group. When the traders buy back in I'm already part of the market capital so GUESS WHO YOU'RE CHEATING day traders NOT ME~! Those taunt threads saying "OHH YOU SHOULD HAVE SOLD" YEAH NO SHIT. NO SHIT I SHOULD HAVE SOLD. I SHOULD HAVE SOLD MOMENTS BEFORE EVERY SELL AND BOUGHT MOMENTS BEFORE EVERY BUY BUT YOU KNOW WHAT NOT EVERYBODY IS AS COOL AS YOU. You only sell in a bear market if you are a good day trader or an illusioned noob. The
people inbetween hold. In a zero-sum game such as this, traders can only take your
money if you sell.
so i've had some whiskey
actually on the bottle it's spelled whisky
w/e
sue me
(but only if it's payable in BTC)"
- user on bitcointalk.org