Post
Topic
Board Bitcoin Discussion
Re: Shall We Hold Our Bitcoin Like Gollum?
by
Kasabus
on 11/09/2021, 22:53:42 UTC
Many of us are hoarding more Bitcoins over time. That is also the reason why Bitcoin dropped sharply on exchanges
transactions in the past few years.
Will we sell out of Bitcoin one day? Like how the ring was thrown into volcanic lava.
Even I am a holder, I will take certain times to sell my Bitcoin (at least some) to take profits.
Actually, being consistent to have more and more Bitcoin for investment is interesting. However, at least, taking profits is also important, at least for me personally.
And every time that we have the moment to buy again the coin, we can buy it and make it as an investment again.

It's not that we are only here to keep hodling our coins and continue seeing its price continue to grow. Our main goal which is to make profits and enjoy it should not be put in our last option. Atleast once in a while we were able to enjoy the profits that we have been working for so long. And once its done, then maybe re invest again for future profits.

I know that most of us have been so greedy in hodling our coins longer for better prices but don't tell me if emergency case suddenly arise, won't you sell some of them? The choice may still vary at some point at a time.