Post
Topic
Board Bitcoin Discussion
Re: What's your reasons for holding bitcoins?
by
summonerrk
on 20/02/2023, 15:20:02 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.

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.

Whether you hold or not what will happen in bitcoin will still happens, is good to hold but too long hell no, because am not the future, future is expectations real life is in the present.

My questions is people keeping bitcoin for too long and begins to hear story?
What's the secret that's different from taking profit?
Is that long term bitcoin don't experience losses?

At the moment, my assets are mostly outside of bitcoin, but in stable coins. The fact is that before, bitcoin was worth little, and the world knew little about it. There was a huge prospect for growth. Now, when people are constantly talking about bitcoin on TV, its price is not growing as rapidly as before. And the market is no longer so predictable. Plus, a lot of speculators are playing on the price, and the influence of enthusiasts is weakening. This affects the fact that just holding Bitcoin becomes unprofitable.