Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Whale Sold at $12,000 After 2 Years HODLing
by
john_nautica
on 26/08/2020, 07:43:19 UTC
A Bitcoin whale, who accumulated 9,000 BTC in late 2018, has sold after 22 months and two capitulation phases.
Maybe that whale expected too much and missed the first chance to take profit in 2019. Then now the whale took profit with a second chance, in 2020. If he did not expect too much for the rally in 2019, he has at least 2 chances to double their BTC, the dump in late of 2019 and the latest one in early of 2020.

Fortunately, he accumulated bitcoin, hold it patiently and have not yet been panic by FUDs. Eventually, he had chances to take good profit.

Patience, determinantion, and stick with your plan as well as your belief in Bitcoin.
Definitely. Holding Bitcoin is huge risk but if you have faith in it, patience and determination to stick and go on with your decision you will surely reap what you sow. In this regard, Bitcoin is really worth for long term investments.