Post
Topic
Board Bitcoin Discussion
Re: Shall We Hold Our Bitcoin Like Gollum?
by
AicecreaME
on 14/09/2021, 07:14:25 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.





Personally, I think it's okay to either sell or hold our assets. Of course, we have different priorities and needs in life, so there's no general rule and there's no point in dictating someone whether to sell or hold. Though it's really suggested to still leave a portion of your funds in bitcoin to avoid regret later on and to generate profit over time once again when it hits a high position. IMO, you can still enjoy the fruits of your labor and patience today without robbing your future. We can take some of our profits every now and then, then invest again when the bearish market approaches and take profit again when bull season enters. It's a cycle you shouldn't fear making because after all, we deserve to spoil ourselves after some time. But as for me, I practice delayed gratification to reward myself. I also withdraw some when I need it to and I don't really feel bad about it because I have to fulfill my responsibilities and address my necessities in life.