Post
Topic
Board Bitcoin Discussion
Re: Keep hodling your Bitcoin
by
fuguebtc
on 30/04/2023, 04:16:38 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

That users that made that post most be new to the market because an old users wouldn't make such post. What we are experiencing in the market is just a correction and not a dump yet they're the user is getting scared.

What then would had happened if they were in the market when Bitcoin had dumps that lasted for days, they probably would had sold all their Bitcoin holdings. We only lose when we sell but don't if we keep on holding.

If you sell your Bitcoin now, you have lost as you're selling at the bottom instead of selling at the top when Bitcoin was trading above $60k. It's too late now to sell, just keep on holding and you'll be smiling sooner than you expected.

I also saw that topic, he is a newbie, has no market experience, and has not experienced any bearish season, so we can sympathize with his panic when the bitcoin price drops. But this is the financial market, there will always be panic dumping investors, and there will always be investors waiting to buy cheap. If all investors held and didn't sell when the market crashed, if that happened, I would be more scared for the market than happy. Because the market needs to move and to move, there must be sellers and buyers. It's the rigors of finance.