Quote from: MiF on July 16, 2023, 01:01:27 PM

Quote from: Mia Chloe on July 09, 2023, 05:26:52 PM

Bitcoin hodling is something almost everyone on this forum is eager to partake in or already partaking in.
However I did some research and discovered most forum members do a lot of Bitcoin transaction, and sometimes leaves them with little or no hodlings in their wallets. Of course Some on the other hand have most of their Bitcoins as hodlings in their wallets although they still transact with Bitcoins . Holding Bitcoin is a choice however for those that have Bitcoin holdings how do you manage to minimize Bitcoin transactions to increase your hodlings.

Though hodling Bitcoins can be tempting to transact with sometimes

This is why i always say that the bitcoin holdings is also depend on your status in life it is simply because those who have a financial freedom can surely hokd btc for a long term because they have a lot of money to use on thier daily expenses, while the poor or the people who are in the middle status always convert thier bitcoin holdings in time that is badly needed because they have limited budget for thier expenses, i am one of those who dont have a budget that is why i sell btc in year 2017 without any hesitation because i need funds to survive. Most of the hokder are rich people or investors around the globe that is the reality only few percent of the investors is poor.

It is obvious that those who have more money tend to make more investments, people having no wealth or savings or any kind of assets cannot be among the bigger portion of the investment world, they might look for small places to invest whatever they have so that they can get a few percentages of profit over their investment in the long run and that is how they manage, or they will simply have no investments at all because they don't have enough money.

Creating assets is not an easy thing, some people might have inherited the wealth that they have today but that is not the case with everyone that is rich. Most of the people who are at a good status in present must have worked really hard in the past and that is why they could achieve success.