Quote from: CODE200 on December 07, 2020, 04:40:48 PM

Quote from: Karartma1 on December 07, 2020, 03:20:31 PM

Quote from: SLS163 on December 07, 2020, 05:33:24 AM

Hey Guys,
Just curious to see who has held bitcoin on this forum for more than 5 years?
And also, if you've sold it, when did you got in and when did you sold out?

Cheers!

I still have a full coin from 2015 (that makes it five years!) I remember betting with a friend about that! I should have bought and held 10 full coins not only one from 2015! I was already very skilled in terms of how to use btc but I didn't go the extra mile. Still, I feel good today knowing I was able to extend and preserve my wealth and hopefully that of my kids.

But there's no assurance that the market price will continue increasing in the future, so doing so won't benefit you, just my two cents.
But that depends on your goal as an investor. If you are just aiming to experience having an amount of it, then holding for a longer period of time would be fine. But if you are into profit, I won't suggest holding for that long, because there's still a possibility for its market value to depreciate. Thus, it would be better to analyze the market, perhaps in this case.

It's clear that we both have two completely different approaches because I do not wish to sell anything and, actually, I am accumulating as much as I can and I am glad I was able to get a nice buy during the super drop which occurred in March 2020 after the covid-19 outbreak. I trust bitcoin will continue to progress both on the development and adoption level, hence I have no incentives to sell anytime soon.