Post
Topic
Board Bitcoin Discussion
Re: What's your reasons for holding bitcoins?
by
Mr.right85
on 19/02/2023, 18:09:26 UTC
I heard people keep saying don't sell when the price rise a little, or when it starts dropping! I don't get, why are you holding it for long? As long as am concerns is just a matter what you want, long term or short term. Bitcoin is not your Goldsmith or some banks you build at home that you can control anytime you like.
First I was going to say is that, you've come a long way and have got a long way to go but, that's cool. For what is worth, you've responded out of your understanding and that's okay.
The thing is, bitcoin in recent times have come to not be just a currency. It's multi tasked or multipurposeful and as such, you've got to treat it not just as you treat other currencies out there but as an asset. You don't see people doing away with an asset having some potentials just the way they like. You've got to give it the time it needs to appreciate in some lofty value.

Quote
To me bitcoin is there to gives you money when you're satisfied to take the money or take your if can't wait when is dropping. I can't hold for too long is personal or I will never take investment in a short is till personal.
It is indeed yours to decide when to take it or not and that's why, you are at liberty with all you've got and the best anyone could offer you is merely an advice. It doesn't go above that and as such, it would be awful seeing some threads of lamentation on how you ought to have hold when the bullrun comes or when you see what your few sats could have been worth in decades.