ChainCoin HODLers do believe in the POWER OF THE PEOPLE and this is the world’s biggest HODLing movement we have seen in the Cryptocurrency world.
July 17, 2017
Who are ChainCoin HODLers?
ChainCoin HODLers are a group of people who believe in the POWER OF THE PEOPLE and started a new revolution in the Bitcoin cryptocurrency world. Their sole purpose is to work as a group and HODL(Hold On for Dear Life) ChainCoins.
(What is HODL? HODL is an internet slang for holding onto a coin instead of selling whether the market goes up or down.)
Problem with Cryptocurrency Trading
Problem with Cryptocurrency trading has always been greedy people trying to make money off innocent people entering the market. It is a zero-sum game where the smart traders make money and beginner traders lose. Even worse, cryptocurency has no regulations like stock market and there are scammers who pump & dump coins in which the scammers make 10-30X profits while people participating lose all their money. In fact, that is why Max Lee, the founder of ChainCoin HODLer movement decided he had enough of scammers winning while beginners lost all their money and never come back to cryptocurrency, leaving an ugly scar.
While cryptocurrency is slowly gearing itself towards mainstream users, bad trading experiences like this will certainly not be good for the society. That is where the “HODLer” movement started, so people entering the market can make money without having to fall into pump & dump scams.
Advanced HODL Technology
By HODLing Chaincoins, ChainCoin HODLERs believe that they will be able to control majority supply of the coins and keep the prices stable. In other words, while the cryptocurrency trading world is full of traders who buy low and sell high for quick profit, ChainCoin HODLers unite their efforts so the price will go up much higher in the long term since no one is selling the coin.
History of ChainCoin HODLers
This started as an experiment between Max Lee, the founder of ChainCoin HODLer movement and a few people in his online group. At first, it was a simple experiment destined to fail but amazingly more people started believing in buying the coin and HODLing. Price of ChainCoin increased 1500% since the movement started. If one invested $1000 on July 7th, it would…