Post
Topic
Board Speculation
Re: Continue to Hold your bitcoin
by
Botnake
on 05/06/2020, 12:20:38 UTC
Bitcoin is the best coin in the market right now and it's the best investment in the future, as for me, I will continue to hold because I believe that massive adoption will happen in the long run.

The supply of bitcoin has recently hit a new low for the year, this means there are fewer and fewer people selling bitcoin in the market.

This is how I set my mindset for my investment, the supply is fix but it could decrease, either people losing their access and big investors will hold their coins and wait until the demand will increase, and since bitcoin's popularity now is growing, that adoption that we are all hoping will certainly happen.

The longer we hold the better, bitcoin might be a risky asset and thus we call ourselves big risk takers here but we are after of a big reward that hopefully we will be able to achieve in the future.