Post
Topic
Board Bitcoin Discussion
Re: Why are you not hodling
by
Hyphen(-)
on 05/07/2023, 20:10:10 UTC
At some point,  some persons who even participate in signature  campaigns and earn bitcoin  without having to buy directly, who should have been the most persons to have some good figures in their portfolios still aren't having any because most of them either withdraw this earnings to fiat to be able to make ends meet or withdraw it to solve some issues but whatever the case be, alot of persons aren't hodling currently now not because they are ignorant  or even procrastinating but I believe  one of the major reason is because they don't have to means to invest.
Some signature participants are actually holding some portion of their weekly Bitcoin payment and using the remaining money for their own basic needs, whereas others withdrew the entire amount to cover their basic needs because they have no other means of income other than signature campaigns; thus, it will be difficult for such people to hold Bitcoin.

to hold bitcoin at its current price is ridiculous. because bitcoin price has been trying to go up.
right now the best chance is to wait and see. because it can come back down.  Grin
I feel that the price is still favourable for investment because no one knows when the market will begin to rise. However, waiting for another drop may not be beneficial because the price may not fall below $30k because we have less than six months till 2024 and we expect a halving then; so, the price of Bitcoin is expected to begin moving anytime soon.