Long-term holders are the strength of Bitcoin

[Cryptmuster]

Bitcoin is the strength of Bitcoin not the holders.

The holders choose to hold Bitcoin for long term because it is Bitcoin we talking about after all.

If Bitcoin is a useless product of technology no holders will plan to hold for long term, there will be massive dumps and pumps just like how altcoins move.

They see the value and the capability of Bitcoin, this is why Bitcoin is worth holding.

Don't get it twisted with confusing word that holders are the strength of Bitcoin, if Bitcoin was an empty skull there will be no reason for any holder to hold.

But without holders, Bitcoin would also have a hard time reaching the level it is at now, if it weren't for holders, Trump wouldn't have paid so much attention to it during the election campaign, because all his attention was focused on the holders, whose votes he was counting on.

Of course, everything is interconnected here, this is always the case in mutually beneficial cooperation, Bitcoin is technology and decentralization, and holders are support, so you shouldn't separate one from the other if it all works together as it should.

[betswift]

^ It's like saying what is more important - the chicken or the egg?

Both are needed in their own ways, they synergize

[MeGold666]

It's the opposite - holding = not using, not using = degrading adoption and more volatility due to traders having more power over the price.

/Over&Out.

[nemesis_incarnate]

It's the opposite - holding = not using, not using = degrading adoption and more volatility due to traders having more power over the price.

/Over&Out.

For now, BTC is the best store of value. Maybe it will become a better alternative as a use case for paying up for services / so on, but not now.

[gunhell16]

It's the opposite - holding = not using, not using = degrading adoption and more volatility due to traders having more power over the price.

/Over&Out.

Well, definitely, holders and bitcoin are important, bitcoin provides opportunities for people. And for people or communities, if they believe and see the potential of bitcoin, there is no doubt that they will invest in Bitcoin and hold it long-term or short-term, it depends on them, that's all.

Now, when it comes to strength, maybe what can strengthen bitcoin is bitcoin itself, probably, we holders will just back up Bitcoin,
because bitcoin is already strong, in my understanding.

[madnessteat]

Volatility should not be mentioned always when talking about the risk factors when it comes to Bitcoin investment because every business that people goes into has one form of risk so when it comes to Bitcoin investment volatility is actually a price correcting factor that helps to keep the price of Bitcoin stable or even moves it upwards above the current price where an investor buys it, so volatility plays a critical role so when viewing volatility one has to view it from a positive point of view

We choose and invest in bitcoin because of its high volatility. The higher the volatility, the greater the chance of making big profits and this can be seen as positive. But not everyone has the same mindset and thinking as us, many people hesitate to invest in bitcoin because of its high volatility. For them, it is the risks and disadvantages of bitcoin.

Similarly, volatility makes bitcoin an attractive investment, but it also makes it difficult for bitcoin to become a currency, a method of payment. Whether bitcoin volatility is positive or negative will depend on the person and the situation.

Volatility is mainly of interest to short-term, medium-term traders and scalpers rather than investors. Investors need a confident demand for the asset they want to buy. Bitcoin has just such a demand due to its deflationary model. If Bitcoin were less volatile and there was a clearer regulation on the cryptocurrency market and there was less manipulation by large holders, Bitcoin would have replaced gold long ago.