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Author Topic: My challenge to bitcoin  (Read 1566 times)
DaftAjax
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October 14, 2019, 02:15:23 AM
 #141

~snip
~snip...We are all having a hard time predicting what is going to happen to us if this bearish market continue, it is worth holding bitcoin or not anymore.

Newcomers would say the latter but experienced traders/investors (holders) would say otherwise.

I would also lean on holding. Not that I have a large amount or anything; back then when Bitcoin wasn't mainstream many people have already given up because they've been influenced by media and other people who didn't believe in the first place. Can't blame them actually, between 2009 and 2013, it's market value wasn't that impressive so many people already abandoned it. Between 2014 and 2016 it's market value went up considerably and new investors have taken notice and immediately jump into the train, they are what we can call now "HODLers". Though what happened in 2017 was a fluke--a bubble, (but it's messed up when some investors bought Bitcoin at a really high value) HODLers probably keep on holding, and even if they sell their Bitcoin now they would still gain a massive amount of profit, but I doubt they will anytime soon.

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