Post
Topic
Board Speculation
Re: Continue to Hold your bitcoin
by
crwth
on 05/06/2020, 07:41:21 UTC
Why not take advantage of this movement? It's a risk rather than just HODL-ing your Bitcoin. There's a chance that you could get more or less but it's part of life right? Taking risks.

I'm quite confused about what you are saying. You said this below.

At the same time, the sales volume of miners in the past month has also decreased significantly, setting a new low of nearly one year, which is also one of the reasons for the sharp reduction in the supply of Bitcoin. Miners no longer sell bitcoin, the future bitcoin price is more likely to rise.
Since there is less Bitcoin put out by miners and price could rise due to the lack of Bitcoin in circulation. Okay, it's a good statement but you add this.

In other words, the less bitcoin miners transfer to the exchange, the greater the probability that the currency price will bottom out. On the contrary, the currency price will fall.
What are you really trying to say now?

Fewer Bitcoin miners transfer to an exchange = Miners no longer sell Bitcoin

Now it's going to bottom out? What are you talking about? I hope you get your statements in order and no contradicting statements. Is it just me who is confused? Why wouldn't you sell out if the price is going lower? Why not take advantage of that? etc.

No one knows for certain what could happen to the price but it's better to take advantage of the price movement when you can.