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Author Topic: are you still strong holding btc  (Read 1082 times)
darkangel11
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August 05, 2023, 07:51:48 PM
 #181

I believe in cycles therefore see not reason to sell


Cycles aren't all. If I were to write it the way you did I'd say that I believe in:
decentralization
being your own bank
deflationary properties of bitcoin
government working against us
fiat money eventually going to 0 due to constant printing
bitcoin being the emerging asset class that eventually every investor will recognize
no better way to store my wealth for generations


I'm not holding for the next cycle. I'm holding for the one that comes after and another one and the one when I'm no longer alive, so my children can benefit from it.

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gabbie2010
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August 05, 2023, 08:13:48 PM
 #182


I want to ask if you also  keep holding btc?
I do convert all my savings to Bitcoin because I see no reason why I should save my fiat in bank when I have the opportunity of buying Bitcoin now that the price is low and bearish sentiment and hodl though whenever I have an urgent need of fiat I do exchange some Bitcoin to fiat via P2P just to cater for my basic needs.


and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.
Majority of Bitcoin hodlers are hopeful of next year halving of the coin that will create opportunity for long term hodlers to sell part or all their Bitcoin to earn some decent profit, 2024 has a high expectations for we hodlers of Bitcoin because price history repeat itself during halving of Bitcoin we do witnessed a massive pump in the price of Bitcoin thus the best bet is to continue to buy and hodl or accumulate Bitcoin.

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