An example why we should hold bitcoin

[bekti3]

OP, the person you mentioned on this topic had a deep faith in Bitcoin and Bitcoin valued his faith. The value of Bitcoin is increasing every year and will increase in the future.  Knowing this, we are not able to hold Bitcoin because of our necessity. I'm not talking about the year of 2010-2011. If someone buys and holds Bitcoin in 2019, it will be 5-6 times more profitable now. In fact, I think investing in Bitcoin is the only way to become a millionaire in less time. That's why many millionaires now have their eyes on Bitcoin.

because not only millionaires, artists are also taking part in the current bitcoin sales, plus football clubs that create their own crypto to attract fans to invest. various circles of prominent figures are now eyeing bitcoin. So would a Gates be interested too? probably not

[Yatsan]

We are all wanting to hold into our Bitcoins for a longer time period but we are not on the same position to sustain daily life needs by just barely depending on Bitcoin alone so there is still a certain need to work on other jobs that will sustain our needs to be able to hold Bitcoin and will not be pushed to spend it for the good and that is for a better purpose and a call for us to spend our Bitcoin into other stuff. Yes, faith and trust with Bitcoin is important and really a must thing to have but remember that there will still come a time that you need to make use of it but manage not to spend all so you can still have some in your account. Also, for inexperienced people starting with Bitcoin, they are easily get into panicked whenever they see sudden dump on the price of Bitcoin which makes them convert just to save up their funds.

[doctor877]

Holding during the dip season is not an easy thing. It's easier to sell at loss than seeing your investment decrease without being able to control it. Holding can be tough so it's not what everyone can do that's why this kind of stories are not common.

[dansus021]

As bitcoin kicking up the whole market and continuing to reach its all time high price, there is a story in NAS Daily that I have watched today on a millionaire lives in a van. At first glance, I thought it is just same business as what others had to become millionaire yet he became millionaire because of BITCOIN.

He hold bitcoin when it was devaluated and sold it when it goes up. He earned almost a million dollar because of his bitcoin. And I think right now, he is part of crypto trading. Here is the story of Ben Yuu, the person behind the story of Nas: https://www.facebook.com/nasdaily/videos/1005063733326174/


It only shows how he believed a lot in bitcoin. So, for those who have no trust in bitcoin, here is a good example that bitcoin brings a good opportunity for all.

However, I just worried about his anonymity since Nas Daily Page is a popular site. And anytime, there are criminals that might get interest to him. He might be at risk when this video was uploaded since he live in his van. Well, just a few cents for his security because he is rich and part of Cryptocurrency industry (an industry of full of hackerd and scammers).

i just watch the whole video and that was crazy and i agree with you about the security tho nas Daily is on every social media from youtube to TikTok and also i am kinda interesting in same way with Dollar Cost Averaging system to buy bitcoin and hold it

[Debonaire217]

This is an example of long term trading when you hold a bitcoin for a long time and wait for the value of bitcoin to go up as in like 20k dollars per btc. I always advise to my friends that start investing or even trading in bitcoin because it would open so much opportunities to them. It is quite risky but when learned, it will always become handy. Everybody just need to be careful on putting an amount of money in bitcoin. Something that you are not going to be devastated if you lose.

The person you were pertaining at NAS Daily is a very simple man with a lot of money. This person tells us that even if we have tons of money that could provide us a glamorous house, car, etc. We should always think first the things that we really need before we purchase in order to have savings for the another day.