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Canada Goose Parka In 1987 Black Monday stock market crash, Sam Walton, the world richest man, lost more than half canada goose factory sale a billion dollars in a few hours.When reached for comment, Walton said, “It paper anyway. As far as I concerned we focusing totally on the company doing well and taking care of our customers.”He didn care about dollars; he cared about his asset Wal Mart, and he still owned that.History of the HODLIn bitcoin volatile and roller coaster past, Canada Goose Coats On Sale “HODL” was the meme that bound the cryptocurrency community together. It stood for the proposition that we all believe in the future of bitcoin. It both funny and insightful.Here is the original post by GameKyuubi on a Bitcoin Talk forum (spelling errors and profanity included):I type d that tyitle twice because I knew it was wrong the first time. Still wrong. w/e. GF out at a lesbian bar, BTC crashing WHY AM I HOLDING? I TELL YOU WHY. It because I a bad trader and I KNOW I A BAD canada goose coats TRADER. Yeah you good traders can spot the highs and the lows pit canada goose uk black friday 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 canada goose uk outlet GOING DOWN I GONNA SELL he he he and then they like OH GOD MY ASSHOLE when the canada goose uk shop SMART traders who KNOW WHAT THE FUCK THEY DOING buy back in but cheap canada goose uk you know what? I not part of that group. When the traders buy back in I already part of the market capital so GUESS WHO YOU CHEATING canada goose 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 Canada Goose Parka NOT EVERYBODY IS AS COOL AS YOU. You only sell in a Canada Goose Jackets bear market if you are a good day trader or an illusioned noob. The people inbetween hold. In a Canada Goose Online zero sum game such as this, traders can only take your money if you sell.There Canada Goose sale are lots of us who believe we are good traders. But we aren Of course, some of the loudest voices on Reddit uk canada goose regularly remind us about how well canada goose clearance sale they time the market. Except when they Canada Goose online don time the market cheap Canada Goose well.A paper published last October by the Haas School of Business at UC Berkeley entitled “Do Day Traders Rationally Canada Goose Outlet Learn About Their Ability?” buy canada goose jacket cheap used nearly 15 years of stock market day trading data High Quality Canada Goose to conclude that all buy canada goose jacket day traders are irrational, the vast majority of day traders lose money, and even when day traders are successful, they “irrationally attribute success disproportionately to their ability rather than luck.”This sounds exactly like the crypto trader. Any post you see mocking uk canada goose outlet HODL is likely someone who thinks they are really smart because they made canada goose clearance money by trading crypto last year.Warren Buffett, the most successful investor of modern times, has often said that he only invests in what he knows. His preferred holding period: forever. With that model, his company, Berkshire Hathaway, has averaged a 19 percent annual return since 1965 which means it has risen more than 1 million percent.BUIDL has been used to help remind us that, in the canada goose store words of a CypherPunk Manifesto, “Cypherpunks write code.” In order for the blockchain to really be useful and valuable, we need to build stuff on it. Watching the price go up and down either as a trader or a HODLer does nothing to make bitcoin work better.We need to create some of the promised applications that can really change the world. To date, the blockchain community has fallen short in this regard outside of the areas of payments but there are some real wins.Just this weekend, Voatz, a Medici Ventures portfolio company is running party county convention voting in Utah, state convention voting in Michigan and state primary voting for overseas and military voters in West Virginia, all on a blockchain platform.Blockchain voting is a simple application, but it is one that can bring a much needed security and transparency to elections. And we are doing it now.SPEDN is a nod to the many of us who realize that, for bitcoin to be useful, we need to be able to spend it to buy things. And I mean everything. It really doesn matter whether it is through second canada goose coats on sale layer solutions like lightning or forks like bitcoin cash; we need more ways to use cryptocurrencies in real world transactions.A focus here, rather than complaining about HODLers would be helpful. We need many more merchants to accept cryptocurrency before it becomes useful. Options to spend bitcoin remain severely limited in most areas and this will ultimately limit bitcoin value.As for me, I will HODL until I can buy useful stuff canadian goose jacket and SPEDN.HODL onThis year has seen intense regulatory pressure on cryptocurrencies and its time we stop pretending that HODL was stupid. It isn canada goose black friday sale and it wasn Anyone who doesn like the HODL mentality needs to give HODLers something else they can do with their bitcoins Canada Goose Parka.