Hi Forum
I would like to know what real value you think HODLing adds. What is the point of just holding bitcoin till moon and lambo ? This is cryptocurrency, why aren't we using this as currency? If we all just hold then this whole thing takes on a completely different business model, we lose all real value that it has as currency and it just becomes a full on speculative bubble.
Bitcoin and other currencies have no value if nobody uses them. So I would like to encourage everyone to spend and replace instead of just blindly holding. We won't see merchant adoption skyrocketing if nobody buys stuff with bitcoin. And yes I know it can go up in value, but why not just spend your BTC and EFT some fiat over to your local exchange and replace the BTC you spent ?
If any businesses accept BTC or other currencies it is our duty to support them extra for it and use cryptocurrency.
The price of bitcoins today in the market is rapidly decreasing and there is not reason to sell your coins so just keep on holding your coin and do not eager to sell in order to evade of losing a huge amount of investment.
Certainly that is the reason of why almost people with bitcoin are holding, because no one wants loses so there is no reason to sell bitcoin at this dive, I think we are here in crypto to gain more profit and not just to get lose from our investment.
We're just holding bitcoin because we believe that the price of bitcoin will increase again. No one wants to sell it now because we want big profit, we came here to earn, not to lose profit. I think holding now is our best option because i believe that bitcoin price will increase again. I suggest that we just need to trust and wait patiently for the increase of bitcoin price, for us to earn big profit.