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Comment by Freedom2 | Hacker News Reader

> Maybe next time the bloody Washington Post gives you investment advice, you should do the opposite.

I did and I had significant losses. What does that say about your statement?

The price of Bitcoin in 2015 was ~$350. To have significant losses after buying at that price point would have taken very serious skill.

Could you elaborate a bit the "very serious skill" needed to store your bitcoin in e.g. Bitfinex or CuadrigaCX?

Since it's apparently not obvious, long term holding your coins in a centralized exchange misses the entire point of crypto. Not understanding that takes some skill indeed.

Oh, neat. So misplacing your hardware wallet also requires lots of skill. Gotta love that rugged libertarian individualism that turns bad luck into stupidity and good luck into galaxy brains.

You mean to say you didn't make any backups?

Each time it doubled you would have been a fool not to sell it.

Holding is about the same thing as buying but with no transaction cost.

It says the bloody Washington Post has no obvious skill at predicting the future, therefore any statements they make should be taken with a hefty dose of salt.

The article was not predicting the future, though.

https://www.washingtonpost.com/news/wonk/wp/2015/06/08/bitco...

> The thing is, I don't actually use it. I just hoard it. I'm waiting for some greater fools to push up the price by using theirs.

And what is this made up quote (not to call it a strawman, as the wapo is certainly a prestigious outlet with very high standards) supposed to prove?

you should have hodld

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