Hodler's Tale: How Loyalty to Coins Destroys Your Portfolio
In this article you will learn:
- Why hodling works with Bitcoin – and can ruin altcoins
- The three traps: sunk cost, tribalism, hopeium
- How many of 2021's top 100 coins disappeared today
- Winners vs. Losers: Who survived the hype
“Hodl!” – a typo from a forum post that became the watchword for an entire generation of crypto investors. Behind it lies the simple message: Those who don't sell their coins will eventually become rich. Perseverance is rewarded. A promise that is as seductive as it is dangerous. Because while patience and long-term thinking are certainly rewarded in the financial and crypto markets, blind adherence often leads to ruin.
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