Hold On for Dear Life = Bitcoin's strategy to hold by moving a number of assets into a Bitcoin wallet - to stay safe until it's decided to use it or sell it.
Investors who put their money in digital currencies like Bitcoin must be patient to face the fact that the latest trends show a decline in cryptocurrency values. Even so, this does not necessarily make Bitcoin owners panic and rashly release all of its assets in digital currency.
Increasing and decreasing markets are reasonable because they prove that the market has many fans and the market is very active. Some people cannot tolerate the rise and fall of the value of Bitcoin. "If it makes you see the roof at night for no reason, it's better not to have it at all." that's what I think.
Undeniably, digital currency is the future. You have to prepare it for years, we have seen how much the initial price of Bitcoin was launched, until now.
The following is a graph that shows bitcoin prices from 2012 to 2017
I will still hold the coins I have, and still trust in Bitcoin.
Investors who put their money in digital currencies like Bitcoin must be patient to face the fact that the latest trends show a decline in cryptocurrency values. Even so, this does not necessarily make Bitcoin owners panic and rashly release all of its assets in digital currency.
Increasing and decreasing markets are reasonable because they prove that the market has many fans and the market is very active. Some people cannot tolerate the rise and fall of the value of Bitcoin. "If it makes you see the roof at night for no reason, it's better not to have it at all." that's what I think.
Undeniably, digital currency is the future. You have to prepare it for years, we have seen how much the initial price of Bitcoin was launched, until now.
The following is a graph that shows bitcoin prices from 2012 to 2017
I will still hold the coins I have, and still trust in Bitcoin.
Hey hodl is the universally accepted policy of Bitcoin holders, this strategy has stood the test of time and has always rewarded those who followed it. If you have observed whenever fud hits the markets, or price drops happens people panic and immediately rush to sell their coins, but holders stay put they do not make rash decisions cause they know in long run they'll earn a lot. If you see the charts of of 2009 till date people have got super high returns which no asset can ever match. Though this year been difficult I'm sure in the long run all those who have hold on to their coins will be rewarded.