Post
Topic
Board Economics
Re: Wonder how many people can hold BTC for more than 3 years
by
redsun114
on 05/04/2018, 05:16:20 UTC
BTC was around $300 3 years ago.

Wonder how many people can hold BTC for more than 3 years and enjoy the amazing profit in this period Smiley
Yes I'm pretty impressed on those who hold bitcoin for 3 years or even more, even though the prices are dropping drastically if they sell it now they still get a big profits, but I'm not sure anyone's holding bitcoin that long, as we know that we do not know the price of bitcoin in the future.
Yeah, those who are utilizing it as an asset are the ones who are able to hold it for such a long time span. These people are not in urgent need of money and they are not experiencing any kind of financial problems in their lives which provides them with an opportunity of making money in huge amount. These holders are not going to sell bitcoin at the present value at any cost. They want something huge.