Post
Topic
Board Bitcoin Discussion
Re: I regret selling BTC for entering DeFi. HODLing is the way!
by
NelfiNovita
on 11/05/2021, 18:24:09 UTC
I learned the hard way that Hodling BTC is the only way. I wanted to grow my BTC so i sold my 1BTC @32K a month ago and put that money in DeFi for yield farming in those high APY. I took some losses and some gains. Now BTC jumped 47K. If i would have just HODL all this way i would have more USDT then if i buy BTC now. Lesson i Learned: Yield farming is useless. People put so much at risk entering smart contract not to mention the daily time waste. Just HODL and you would have more more money than anyone yield farming in long run.

losses like this are not only you who experience it, as I know, many occur to beginners who sell bitcoin at a very low price and then when the price of bitcoin goes up they cry because they regret selling bitcoin at a very cheap price. Bitcoin is a cryptocurrency that is very certain and you will not be tricked by bitcoin. the investors have made a huge profit because the price of bitcoin has gone up so high. only experienced investors can resist selling bitcoin when its price drops.