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On top of that. If the asset spikes and dies like Tulips or Dotcom Stocks, or #SPACS etc. The trader sees that and moves on to other opportunities as those who #HODL are left losing. The only $HODL that's worked and still near record has been Tech Stocks and some Crypto.
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#HODL doesn't beat trading well. It can never beat trading well. Because even if the asset keeps going higher. There are always bumps along the way where the trader takes profits and gets back in lower and has the advantage.