Post
Topic
Board Bitcoin Discussion
Re: IS HOLDING TRULY THE SOLUTION TO DROP OF BTC PRICE?
by
mweezy
on 12/11/2018, 18:04:57 UTC
I mostly see a lot of post skirting about the issue of decrease in bitcoin market price by saying hodl, hodl of which i mostly do not get them. Assuming we all decide to hodl without any transaction that means with time btc will drain and what will be the essence of the coin. We should always be a family to embrace the state of price no matter what and ensure buying and selling in order to at least have a significant effect on market price. I hodl, you hodl and we all hodl and btc will drain just like that.
You have point here, I don't think selling of bitcoin is the reason why bitcoin price is down rather I will say people are trying to manipulate bbitcoin so they can get in or buy more. Take a good look at 2017 do people nnot sell bitcoin but that don't not hold the price not to raise, so holding of bitcoin is not the solution to bitcoin price raise.