Post
Topic
Board Bitcoin Discussion
Re: Don't sell your precious BTC to the whales!
by
virtualdn
on 02/08/2022, 17:29:48 UTC
We've been here before, you are just making the whales richer, selling your precious BTC for pennies (crappy fiat). The storm will pass, hodl, or try to accumulate even more BTC, it's a great time to buy for cheap. We will make it this time too. Even if BTC goes down to $15,000 nothing is forever. Remember $20,000 down to $3,000? Been through that storm too. Remember, 1 BTC = 1 BTC. To the Moon!

Hodling is a thing of patience and understanding. With the current downtrend do you think holders that bought high would be able to withstand the trend. I understand that market isn't favourable and surely price will be up again only those who were patient with the wave would sail merrily. Buy as much as you can now!
Yes it is true that holding is a test of patience. How patient you can be will depend on the holding Those who can't be patient by holding but can't profit from holding coins.The current market is not in the car's favor it is completely unregulated.The market is likely to grow very quickly, those of you who want to invest, invest as soon as possible.Only those who are holding now will rule and see the day.
Holding is a good way to get higher profit but it is not true that we have to hold forever. By market analysis, we have to sell sometimes whatever it is precious or not because market is so volatile. If you are able to sell in right time, you will be able to buy again when price drops. There is no guarantee that price will rise only.

Selling involves a risk. There is no guarantee you will ever get your BTC back. By HODLing you don't loose anything and you maximize your earnings in the long run.