Post
Topic
Board Economics
Re: Do not panic. Everything will get better
by
wmaurik
on 29/08/2022, 08:49:27 UTC
Selling out of necessity is okay. But selling Bitcoin to replace to fiat without an urgent need is worth calling it weak.
In this context, we should be able to separate them as well.
Those so-called "weak hands" in my opinion are the ones who are easily influenced by opinions that demonize the future of Bitcoin because they personally have no knowledge of Bitcoin at all.
I'm starting to remember when in the old days there was a group of people who very often badmouthed Bitcoin and glorified the products and systems they followed. For example, a group of people who follow the GSC path are currently experiencing a scam until some of them eventually also enter into cryptocurrency trading and choose Bitcoin as the best asset.

Quote
Of course I don't think negatively of those who sell Bitcoin because necessity is basically quite sad at the time of selling, because I have also experienced it.
Basically everyone has experienced something like that, including I have experienced it in the past where I always needed money in cash before the salary from my permanent job was given. But for now I have been able to balance my expenses for every need so that I can safely store Bitcoin without having to sell it at a low price.