Post
Topic
Board Bitcoin Discussion
Re: Never sell your Bitcoin?
by
Vaskiy
on 04/07/2021, 09:28:40 UTC
What would be the use of Bitcoin if we just keep it, we know, BTC value was increasing.

How would someone enjoy the value of BTC if not converting to fiat,

If we keep BTC on HODL for a long time and not making any profit over it, what was the benefits of having BTC.

I think, we need to sell BTC if it reaches our target price.
Selling bitcoin when the price reaches the target will get the user good profit, but for the same one can't get fixed to some form of scheduled profit out of the investment. This is possible with very few lucky users whereas the majority requires a long term to enjoy the profit. Upon this it is good to buy and make profit out of trading which will increase the profiting depending on the market even in the short term.