Post
Topic
Board Bitcoin Discussion
Re: HODLing Bitcoin isn't merely an "investment"
by
darkv0rt3x
on 03/05/2023, 19:06:15 UTC
Although I agree with the sentiment, I really think we should be pushing more of a 'you do you' kind of thing.
Possibly you want to hold, I want to trade, and that other person over there wants to get BTC so he can buy stuff.

We should be helping people do what they want with no preconceived notions.

Yes, we can point out the good / bad / ugly of what they may or may not want to do. But beyond that, it's their coin. Do with it as they want.

-Dave

I can agree up to some extent. What I would change in your statement was maybe education so that people can chose what to do with their coins "more" wisely. I usualy say that for now, hodling Bitcoin is the best option and also, in a more extreme statement, I usualy also say that Bitcoin wouldn0t need traders at all if there was mass adoption. But in this (yet) initial and precoce times of Bitcoin, yeah, trading seems to be important in the sense that at least Bitcoin is changing ownership over the world. What I don't like in trading, specially with Bitcoin, is that when one sells Bitcoin at higher price that the buy price, indirectly that person is devaluating Bitcoin, because he was able to get more fiat for the same amount of Bitcoin.