Quote from: Ziskinberg on August 12, 2022, 11:06:58 PM

Quote from: MikeRpod on July 26, 2022, 07:23:21 PM

Think Bitcoin has lost its bullish momentum? It feels like now continuing to hold BTC is pointless ...

If you are here and invested in Bitcoin last 2018-2019, certainly you will appreciate and tell that holding become the last option.
Because what we have today is not the worst-case scenario happening in crypto, the market is still healthy (just for me). But the reason why we have to hold and have to wait is that the market couldn't recover instantly, unlike what you think.

Perhaps, you can't also think that we are always in the bullish season, sometimes we got to fall...that is the meaning of volatility (up and down).

The OP is simply being irrational, if the price of bitcoin had not moved at all during that time then he may have a point when he argues that holding bitcoin has become pointless, but the only thing that you need to do to know that he is completely mistaken is to open a chart and see what happened during those years.

And you'll see that there was intense activity and the price went up and down at an amazing rate during that period of time, so anyone that during that time decided to use a dollar cost averaging strategy, bought before that time and held their coins or simply bought the dip whenever they had cash on their hands made money during that time.