Post
Topic
Board Bitcoin Discussion
Re: Shall We Hold Our Bitcoin Like Gollum?
by
tulpash
on 09/09/2021, 05:36:30 UTC
This means that Golum holds bitcoins to the point of sacrificing himself and never really enjoying all of his efforts.
Just have questions for anyone who actually did this.
  • Is holding btc too long (HODL) a significant achievement?

You are similar to the guy above. A person who takes advantage of an opportunity to trade. I understand the feeling of taking money out of an investment and enjoying the profits. It's sweet and comforting. I know people who have thousands of Bitcoins. He lives a simple life, doesn't drink, doesn't smoke, has no romantic relationships with women, and lives on a monthly minimum of about $300. I really admire his mindset and regret the pleasures he doesn't enjoy.


  • What does it mean that the price of bitcoin has reached 100k or 1m, while your expectations are not limited to those prices?
    Human greed is very unpredictable. Even Newton swings to the top of stocks selling at a high price and buying at a higher price in the hope of greater profits.

    • What advantages of bitcoin do you feel so far when you never spend any or use it?

    For many people, transaction costs are greater than cryptocurrencies that hold them back. They will convert to other altcoins and pay to reduce costs. That's pretty cool too. Sometimes a little transaction fee but doing it many times is enough to erode our wallet.[/list][/list][/list]