Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
Sim_card
on 04/06/2023, 22:51:22 UTC
⭐ Merited by JayJuanGee (1)
BUT if we're lucky enough, I would suggest that you keep that you're HODLing Bitcoin only to yourself, not even your relatives and close friends should know.
Bitcoin investment is not like those other assets that are visible or can be known by some other person like gold and stock where you have documents to show. Bitcoin investment is very private that if you don't tell anyone about it and choose keep it secrete,it remains so. I haven't told anyone that I have a little fraction of bitcoin as a newbie because I feel that it is nobody's business. This is one of the major reason why I love bitcoin because of its high level of privacy. I will keep holding and accumulating at the same time so that I can have a reasonable amount of bitcoin when it hit $1b

In my personal experience the "wealth change" wasn't that much during last ATH, but if Bitcoin surges to $1 billion, I probably should go into hiding.
Hiding safes one from putting his life at risky with such huge amount of wealth from your accumulated bitcoin after you have hodli for a very long time. This is quite a good idea,but will one hide forever ? when you are wealthy a lot of people will look up to you so that they can also benefit from your wealth especially relatives and friends.