Post
Topic
Board Bitcoin Discussion
Re: How come BTC is not at least $75,000 yet?
by
virasog
on 04/02/2022, 05:37:04 UTC
What's the rush?

Bitcoin is working as expected, this is how it compares to the USD in the long term

The rush? I've never sold a bit of BTC since 2013 and I'm starting to get bored, that's the rush. I want to feel the fruits of my labor too. Don't plan waiting 10 more years.
You could have sold it last year when bitcoin had reached its ATH twice. Definitely, not today since all your efforts from hodling will be totally gone, better keep on buying this time while there is good opportunity to buy. However, if you're not still in need of fiat or don't have any urgent needs, so what's the use of selling? You can generate more profits if you can hodl them for a longer time since bitcoin gives a new peak every year, much higher than the last years ATH.

Its difficult to sell the bitcoin at all time high prices becasue we never know what is the all time high and greediness never make us sell our coins. However , when the the prices are down we have so much fear of going more down and this makes us sell the coins.
Anyways i will never sell my bitcoins even if the prices is 75,000 or 25,0000.
I will contiune to hold my bitcoins unless i see a 100K- 200K bitcoin prices and at that momnet, i will not off load all my bitcoins. Will keep some save with me forever.