Post
Topic
Board Economics
Re: No where is actually safe
by
Mahanton
on 15/02/2022, 20:24:58 UTC
You know what, I don't agree. The rule is actually simple; you buy Bitcoin and keep it safe. That's all there is to it. What's not easy with that?

The thing is that people are complicated. We want to trade. We want to analyze charts, develop patterns, make strategies on the best entry and exit points, and so on. We want to invest in altcoins for better opportunities. We get into ICOs, IDOs, DeFi, staking, and so forth. And we are emotional, too.

But what is there in the entire history of Bitcoin that says mere HODLing is not the best thing to do?
no doubt mere hodling is the easiest form of making money in the crypto world, but remember, it's different strokes for different persons, you may see hodling as the best thing to do, whereas the person next to you doesn't reason that way and they can't not be blamed because everyone is supposed to work with what favours them, right??
I don't think so because I think hodling needs to have a lot of patience and not everyone has that,
especially in conditions like now sometimes they panic and then sell their assets,
hodling can indeed be profitable if the coins you have are potential coins
Speaking of holding then this would really be only worth if you are dealing with potential coins, but how you would able to know if they are really that having that potential? No one really knows right?
Its true that not everyone would really be having the patience on holding for long term and thats why decisions made would really be mostly ending up like this.Speaking of assurance and guarantees
then you shouldnt really be having this kind of mindset because there would be no always an assurance on how things might end up.