Post
Topic
Board Bitcoin Discussion
Re: Hodl is not the best option as it seems
by
Nhor1011
on 27/05/2021, 23:31:37 UTC
Bitcoin just fell down to 39k plus per 1, and those that held/bought bitcoin while it was at 50k have no benefit of holding bitcoin at 50k per 1 instead they lost money. lets say those that will buy at 39k per 1 will have more benefits when its spikes again to 50k. So those that enjoyed holding bitcoin at 50k hoping that it will hit another ATH will have to wait for bitcoin to hit another 50k but still got no  profit, while the 39k buyers will profit 11k dollars. My question is why is they no extra profit for early holders when the price falls and rises agian?

If they bought bitcoin at a higher price, they have no choice but to hold and wait until bitcoins value bounce back at the highest rate or else they will lost a lot. I believe investors already gained their profit and they just reinvest again. No worries for those who really knows how bitcoin works in crypto space. Holders will gain more in the future.