Extremely Holding

[CageMabok]

I know a man who has been storing his bitcoins for more than five years and is still not going to sell them, his plan is to wait for the next major growth, he believes that the price will be 100 thousand and until then he will continue to increase his savings.There are people who clearly follow their plan.

That sounded pretty incredible, because I'd never heard of such a thing before. But is a man holding huge amounts of Bitcoin waiting for a $100K price growth? Because if you only keep it in a small amount, I don't think it will be extraordinary enough for him even if the Bitcoin price reaches $ 100K later. If he was a big man with a lot of capital and still really believed in Bitcoin, surely he would try to add more Bitcoin savings before the $ 100K price happened to Bitcoin.

[justdimin]

I know a man who has been storing his bitcoins for more than five years and is still not going to sell them, his plan is to wait for the next major growth, he believes that the price will be 100 thousand and until then he will continue to increase his savings.There are people who clearly follow their plan.

That sounded pretty incredible, because I'd never heard of such a thing before. But is a man holding huge amounts of Bitcoin waiting for a $100K price growth? Because if you only keep it in a small amount, I don't think it will be extraordinary enough for him even if the Bitcoin price reaches $ 100K later. If he was a big man with a lot of capital and still really believed in Bitcoin, surely he would try to add more Bitcoin savings before the $ 100K price happened to Bitcoin.

Doesn't matter how much they have compared to us, it matters how much he has compared to his old self. Which means, if he is living in a poor nation and making a small amount, that means even if he turned 50 dollars into 500 dollars that could be a good amount to have on the side, or turning 500 into 5k would be a life changing thing for them maybe.

I know that people are confused how 5k could change a life when it is one months salary for many people, but the truth is most of the world lives under 500 dollars a month, and that would be nearly a whole years worth of salary all at once and could change someone's life if they live in a country like that.

[Bushdark]

If this isn't some extreme form of holding, I wonder what it is then. According to the Twitter handle of Bitcoin Archive, 412Bitcoin worth $9.6m was moved from an address that was dormant for 11years. That means the owner just bought and "forgot" it there. While for some of us who have been holding for the past 3 months, it's seems like a century.This is gentle nudge that if someone has done it then you can(that is, if this is your goal).
How long do you think you can hold?

The reasons not because people can not hold there Bitcoin for a long time as like many of the whales had been holding for long, the main reason is that many  of us are not too financially bouyant that is why it does look like we are not going to hold for a long since all pockets are not thesame. Some persons pocket is wide while some are narrow. The market is very competitive so we have so many options for us to buy any cryptocurrency we like that is why many of us are not bothered of holding large quantities of Bitcoin. We don't have to worry but to buy Bitcoin according to our pocket.