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Author Topic: Keep hodling your Bitcoin  (Read 736 times)
Crptomagma
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May 17, 2023, 11:38:30 AM
 #121

Yes I have seen people like that but I perceive such people to be weak Bitcoin investors. Strong and real investors won't sell off their Bitcoin simply because there is a drop in the price instead they see it as an opportunity to lay hands on more Bitcoin. In the Bitcoin world it takes only the brave and those who understands the nature of cryptocurrency to stay through and make something huge out of it. I believe so in Bitcoin that even when others are lamenting about the price decrease I don't feel bad...

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Ricardo11
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May 18, 2023, 07:58:07 AM
 #122

A person who holds bitcoins for long-term bitcoin holding and can handle any worst case scenario without worrying about the amount of his holdings, then he can certainly expect good profits from it. There are people who suddenly sell their Bitcoin holdings when they see the price of Bitcoin drop, thinking that the price of Bitcoin will drop by a large amount. If you're holding on to Bitcoin for the long term, you don't need to worry about these. Because long-term holding in Bitcoin increases the chances of getting good returns from it. So you continue to hold your bitcoins, it will benefit you a lot.

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May 18, 2023, 10:41:13 AM
 #123

Price drop does not do harm to bitcoin. It only makes it easy to stay in the game. Bear market is an opportunity for investors to invest more and fill their bags in these bear market. Also when the price is low, many new investors will join the game. They can buy low so that they can sell at a higher price. It also clears out the market from weak holders who disrupt the market flow. Overall it's not a bad thing. And in the long run, we are going to make profits anyway. So all is left to do is DCA and hodling.
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May 18, 2023, 11:10:55 AM
 #124

The people who made the most money with crypto are those that purchased Bitcoin and did not touch it for many years.
This in itself should explain everything you need to know. Holding Bitcoin is by far the best solution.
The more you try to mess with it, trade with it, or spend time on it, the less money you make.
AbhishekJain
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May 18, 2023, 04:21:24 PM
 #125

Yes holding bitcoin. I think bitcoin is going to be great.
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