Quote from: jtipt on December 09, 2017, 03:04:39 AM

Quote from: jech1028 on December 04, 2017, 04:38:19 AM

HODL bitcoin? why and why not?

If you have nothing to lose then why not just HODL and see where it leads. If you have already got even with what you had invested, given the current price anyone who had invested in last year or before would had easily got even so far. So why not hold and see if you become millionaire or just profit $1000 at the end of the day.

Well some people are afraid to continue holding their bitcoin. As we know, the price of bitcoin might crash any minute or any time and of course no one knows when it really is. Holding bitcoin is really risky because bitcoin might disappear someday and also the fact that many people are trying to steal from others because bitcoin is really a good asset. I know some people who have been holding and have not been selling that much since the day they have started earning and for sure she have already made a fortune. Despite these risks many people still choose to hold because bitcoin have really made a huge growth and it looks that it will still grow.

I think that holding bitcoin depends on the financial needs of a person. If a person don't have that much or have someone to depend to for his financial support then if course, his earnings will mostly be saved but if he is the kind of person who has financial responsibilities, holding can't be fully done because there will always be a need for selling.