Post
Topic
Board Speculation
Re: The power of Bitcoin HODLing
by
anti-dot
on 13/08/2021, 23:58:32 UTC

Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today.




Twitter: https://twitter.com/michaelbatnick/status/1348071853617782784


Look at the value of $1,000 invested in bitcoin five years ago




Twitter: https://twitter.com/JonErlichman/status/1373638414227156992


Not HODLing can be hazardous!




Twitter: https://twitter.com/adam3us/status/907404159179268096


A lesson for a lifetime. I learned my lessons, how about you? are you?

This is a nice topic that I obviously overlooked all the time. The last graphic is so true, holding vs trading. I made that mistake over and over again. Sold because I hoped to buy back a little bit more in BTC at cheaper prices when it dips. Often times my timing was bad and it didn't dip and I ended up buying back less BTC then I sold for the same amount of money. It is tough though to really hold and just do nothing but wait and believe in something. You can't even considerably contribute like you can when you are an entrepreneur. Sure you can spread the word, but the influence one has is marginal. Congratulations to those who really showed they have balls of steel and just held onto their BTC no matter what. That deserves a wow.