Post
Topic
Board Bitcoin Discussion
Re: the power of HOLD and believe
by
so98nn
on 01/01/2021, 07:18:09 UTC
as we know, the price of Bitcoin had a bear run in 2018 with the lowest price at $3k on Dec 17, 2018 and now the price of Bitcoin has reached $25k and this is the new ATH price for Bitcoin, so if you buy Bitcoin in 2018 and HOLD until now, then you can get a profit of more than 700% and I also congratulate those of you who HOLD or bought Bitcoin in 2018 when the price of Bitcoin dump.

After every 2-3 years we have such holders who had bought bitcoins bought at very less price. But the thing is after every 2-3 years we will see bitcoin going upwards and hence any holder today will eventually end up having huge bag of stash. For ex, I believe in today's price of bitcoin which is 29k USD. I know that this is gonna be more than 40k after 2-3 years thus making me holder at less price. Smiley

It's better we must hold and learn some lessons out of this. Those who understand that BTC price keep going upwards no matter what will be smart investors of this era.