Post
Topic
Board Bitcoin Discussion
Re: Why I am not selling my $BTC till $200k
by
adzino
on 12/01/2021, 21:01:46 UTC
Painstakingly, I just added another fraction of #Btc to my purse & I don't intend selling until $200k, why would anyone sell a fixed-supply asset that is growing more rare by the minute for a quickly devalued & manipulated fiat currency? While the #Bitcoin pumps, I intend to survive & live large on the mouth watering #BTC dividends I get for #Earnbet- $BET tokens, $LINK $ETH $ADA. I want to believe that it's a good plan.
They would sell because they have profit goals just like you. You have set a price goal before you would like to sell your coins which is $200,000 USD for each coins. Similarly, others probably had a goal of $30,000 USD or $40,000 USD before they wanted to sell.
You wish to hold it since you firmly believe that the price will eventually reach $200,000. Probably it doesn't matter to you when the target price will reach. Hence you don't care about selling it now.
why would anyone sell a fixed-supply asset that is growing more rare by the minute for a quickly devalued & manipulated fiat currency?
The same reason why you would sell your coins for devalued and manipulated fiat currency after it reaches $200,000 USD.