Do you think that the HODL approach is good bitcoin?
Sometimes I think that because so many people HODL it makes is easier for some big players to manipulate the price.
I wonder what the community think about it.
I personally HODL for almost a year, I made some money and lost some money, But generally, I'm positive about the long run. I'm just curious about the fact that maybe we are the one who make it possible for big companies to influence the price in such an easy way
First I dont understand what you mean GOOD BITCOIN,or maybe you are referring to GOOD FOR BITCOIN?
Well supposedly bitcoin is a currency and must be used for payments from tranactions to service and product,but this is not happening instead it was being hold as an asset.
Holding makes bitcoin more valuable and youre right.this is being abused by whales who holds large amount of bitcoin