Post
Topic
Board Bitcoin Discussion
Re: Spend or HODL Bitcoin during COVID-19?
by
romero121
on 22/11/2020, 12:50:09 UTC
During Covid-19, Bitcoin went up and down very easily. but after Covid-19 began to subside, now the Bitcoin price has jumped so high. And I think it doesn't matter if you really want to sell Bitcoin right now. Because the price has already hit $ 18.6k

People who require money due to Covid or do not have jobs or salary is reduced are now partially or fully selling their investment in order to pay their bills and take care of family. Under such situation we have no option left but to sell it. But for those who can hold it then better to stay invested in it or want to make some profits then sell something as near 18k and almost fallen 1k from 19k.

People are much worried about the job layoffs and bad economic condition. Everyone can't overcome the situation with ease. As mentioned those who weren't able to withstand the situation selling the holdings is the right choice, because now the price is somehow high and we don't know what's gonna happen then. If the market pumps it's good and if a situation prevails to cashout after market fall then it will once again destroy the economic situation.