Post
Topic
Board Trading Discussion
Re: Smart hodling vs just hodling
by
LogitechMouse
on 07/10/2019, 06:09:11 UTC
Many of us here are hardcore bitcoin believers. If you are anything like me, you've put most of your savings in bitcoin.
I'm one of them and I know that it is a very risky move for me but I trust Bitcoin that is why I'm risking it. I'm ready into any situation that can happen to Bitcoin even it goes up or down Wink.

However, how painful is it to watch bitcoin price plummet?  Cry   Undecided  Roll Eyes  Huh  Sad  Angry
When I first experienced the bull market last 2017, I didn't felt anything since I'm a newbie at that time. When I experienced the year of hell last 2018, I didn't felt anything too. Maybe I'm just rock-hearted when it comes to investments Cheesy. I saw Bitcoin go up so much and go down so much already and I felt nothing Cheesy

April 1st signaled the start of what seemed would be yet another bull run… however, the rally seems to have been cut short without getting close to the all-time high.
Many believed it too but there is a quote saying "What goes up will go down" and that happened to Bitcoin. A little bit expected but I don't see Bitcoin going back to its previous lows of ~$3000.

What do you think would be a smarter way of hodling bitcoin other than standing still, bag in hand, while watching the price go back down to the $3K range?
One is to analyze the market and learn when is the perfect time to buy and sell.
Another one is to just accumulate more Bitcoin and hold for the long run.