Why HODLing for the "Good of the Community" MEANS HODLing for the Benefit of the Richest Whales and is a Dumb as a Rock Strategy
Today, I’m recording a video that explains indisputably why HODLing in cryptos is a strategy advocated perpetually by the biggest crypto whales because such a dumb as a rock strategy benefits them only and not you. In fact, I will show you how HODLing since I posted a video right here advocating buying BTC at $20k almost exactly a year ago and then following my trading strategy which only involved two sells and one additional buy over the past 12-months, which was documented on my skwealthacademy patreon platform, is far superior to HODLing and “diamond hands”. On my patreon platform, for the past year, I advocated about as dormant a trading strategy as possible, only selling when risk became extremely high and only buying when reward grew extremely high. Yet this would have produced 6Xs to 7Xs profit whereas a HODLing strategy from my original buying guidance at $20k to now, would have only produced a 3Xs profit. So which would you rather have, a 6Xs to 7Xs profit, or a 3Xs profit. And this is why the HODL meme is a scam perpetuated by the richest of the rich in which they exploit naive cryptocurrency investors into behavior beneficial to them, but not to you.
If you wish to view the full video in which I explain more, please just subscribe to my Rokfin channel here. I will be uploading that full video in a few hours as FREE content that will be available for viewing simply by signing up for FREE to my Rokfin channel. A huge thank you of gratitude to all of you that continue to support the upcoming launch of my 20+ course wealth building Academy (click here to read a fact sheet, or return to this link next week for a new, updated fact sheet), that will revolutionize the way we view a business education moving forward, by donating at my gofundme campaign. I hope to launch by year end/ start of 2022 and I will reserve bonus surprises after launch for all those that generously donated to my launch. My gratitude for your help is unparalleled as most of you that donated know that much of my savings I had earmarked for my launch was consumed by survival when I was trapped in covid lockdown hell involuntarily for a year and a half in Asia and could not return home. Thank God I have escaped that part of the world, even though it took me 145 hours to escape and even though I was still not able to return home. I will NEVER choose to live in Asia/NZ/Australia ever again as that’s how tyrannical the governments are over there and freedom is something I cannot live without.
If you wish to keep up to date about my upcoming Academy launch, merely bookmark my news site here or just continue to read all my substack articles as I will also continue to post updates here. Stay intensely curious. Stay strong and be willing to think outside the mob for best investing results!