Post
Topic
Board Bitcoin Discussion
Re: Are you still holding your coins #btc
by
Furious 7
on 02/02/2023, 21:04:03 UTC
So am curious to know if everyone is still holding or have chicken out and sold theirs.
Note ::get your coins off any exhange platforms if you are still on the hodl game

Actually, it wasn't easy for Bitcoin holders to continue holding their Bitcoin throughout all the drama we have seen in 2022. The number of black swan events this cycle was higher than the number of events in any of the previous cycles, as well as the FUD was going on all over that period, thus I believe a lot of holders sold in a hope to buy cheaper, which hasn't happened as Bitcoin unexpectedly started to shift its trend. For me, instead of selling, I was buying more according to a DCA strategy. The last price I bought at was 16.5k, thankfully.
As long as we are sure why not. I may not be one of those who always hold bitcoin for a very long period of time but I still hold to my target limit for example for last year I released my bitcoin at $63k and returned to buy in installments until now and of course my target is now higher than before.

Not releasing bitcoin is a good thing but as long as your target is met I think there's nothing wrong with letting go while waiting for it to come back at the price we really need from the decline so we can still be here.