I need to be part of this thread so...
PS: Of course i'm hodling!
I hold the bitcoin and also use some. Holding can reduce the selling pressure of the coin. Usage can help the circulation.
That is a good idea. I think I will do the same. I will only sell when the bitcoin price is very very overvalued.
But it is very difficult to know when the price is overvalued. Maybe when the price rises 5 times in two months, it is over valued.
The price that you are dreaming is impossible to happen in 5 months.. and i think the possible will happen right the price will increase only x2 this is i think the best speculation.... if bitcoin will be more demand in the future.. the price will increase not times 5 maybe above $1k value..
Kind of like how Bitcoin already went up over 5x from the $200s to $1100+ in a month? You must be new here. Welcome to Bitcoin!
yeah! even when things look impossible to achieve within a certain amount of time, bitcoin manages to surprise us each time by reaching prices where a lot people were thinking were impossible. that's why people holding their coins will benefit the most. it feels good to see the price increase and thus paying off my patience. fantastic!