Post
Topic
Board Economics
Re: Do you see yourself quitting after this bullrun?
by
nrvasquez
on 24/05/2021, 10:19:34 UTC
The bull run hasn't yet started. Who want to quit now? Obviously those idiots who believe that Bitcoin is some magic potion which will make them millionaire overnight will be disappointed with the correction. And they will sell their coins at dips. IMO, this is actually good for Bitcoin. If coins remain at the hands of these people, it will be like a ticking timebomb. You never know when these people will dump their coins. Now these coins have moved from noobs to more experienced people and that is good for the overall well being of Bitcoin.
Most beginners think that they will make a quick profit from bitcoin due to its significant bullishness, but they are also unable to hold or understand the correction, so instead of trying to find a solution, they will sell it right away for fear of accepting bigger losses on their portfolio