Post
Topic
Board Bitcoin Discussion
Re: Extremely Holding
by
Hamphser
on 11/02/2023, 18:58:57 UTC
If this isn't some extreme form of holding, I wonder what it is then. According to the Twitter handle of Bitcoin Archive, 412Bitcoin worth $9.6m was moved from an address that was dormant for 11years. That means the owner just bought and "forgot" it there. While for some of us who have been holding for the past 3 months, it's seems like a century.This is gentle nudge that if someone has done it then you can(that is, if this is your goal).
How long do you think you can hold?
Holding is a very decisive aspect where one needs to think and rethink before concluding because one can not be in a situation where one will need financial rescue and you have such funds kept some where and you can not access it. It takes discipline to do such when you are in that kind of situation.ost people holding must have an extra source of income whereby you can depend on it without touching your bitcoin for long irrespective of the market ups and downs. Instead of withdrawing you set a monthly target for yourself where by you would be taking advantage of the market by buying in fractions bit by bit to as to increase your volume of holding.
In conclusion, I think people with extra source of income can likely be the ones who can hold for a long time but those without any source of income would barely hold because they would definitely fall back to their savings for rescue.
We would really come into a time on which we do really need to have some money due to some emergencies or really badly in need of funds on which it is really impossible for you to ignore and impossible for you

not to care that much on converting your investment that you do have and you do know that you do have it and you would really be going into a point which you would be needing to sell it up along the way.
This is why it is really that hard to make out some conclusions in regarding about holding it for long term specially with these conditions and even there's none and you do see that the market is continuing
to pump then you would really be always have the tendency.This is why it is really that hard even when you are just purely holding up.