Post
Topic
Board Bitcoin Discussion
Re: Keep hodling your Bitcoin
by
SOKO-DEKE
on 23/04/2023, 16:54:46 UTC
Most recent posts on this forum such as
https://bitcointalk.org/index.php?topic=5449800.0
Seems more like few persons are scared that they may loss to their Bitcoin hodlings due to the recent drops in price of Bitcoin
This is very understandable but as a Bitcoin investor you should know that with the series of price changes Bitcoin has encountered over the years we can say that it rises in value more than it drops .
Therefore I want to urge all my fellow bitcointalkers to not lose interest in holding because of these little drops in price  keep holding your Bitcoin .It will definitely boom soon
The only people that should be scared because bitcoin price is dropping are the newbies, I don't think someone that have been in crypto space for long time will be scared of bitcoin price dropping. We don't even expect bitcoin price to be going up without coming down, it those not really make any sense, whenever their is bear market, it gives everyone opportunities to buy their bitcoin at a cheaper rate. But I notice the weak buy bitcoin at the top and sell when the price is down, but the strong always buy at the bottom and sell at the top.

I believe you gave the answer all because I don't think people who have been in the cryptocurrency sector for so long and have a strong understanding of market price fluctuations would be worried right now when the price is only slightly down.I agree with you that only newcomers would have this kind of worry, and even newcomers who have a decent understanding of Bitcoin's volatility will think that its normal for price fluctuation either decreasing or increasing because people are trading it base on their understanding periods.

In fact, I don't think anyone holding Bitcoin or other potential coins at this point will be alarmed because I don't anticipate a significant price drop for those who have been holding for a while, unless they have invested more than they can comfortably afford.