Post
Topic
Board Bitcoin Discussion
Re: the power of HOLD and believe
by
taufik123
on 24/02/2021, 17:06:00 UTC
Certainly the faith in Bitcoin and the fact that we can resist the speculations that are constantly trying to collapse the crypto market are the basis of Bitcoin's good performance. We need to have faith and when the market is controled from bears we should not start selling out of panic (unless you need money).
Selling when panicked will only cost you a loss and that's not very good. The pros and cons of bitcoin have become commonplace. We can see the ups and downs of bitcoin prices and if you want to hold it back, you should focus on the target price you want to achieve.

Always use money that is not needed for life support. Money for holding is preferably free money which is not needed for anything but an investment, it will keep the holding strategy going.