Post
Topic
Board Bitcoin Discussion
Re: Hodling Bitcoin
by
MarjorieZimmermanGinger
on 18/07/2023, 04:02:57 UTC
Bitcoin holding is the strategy of holding on to one's Bitcoin investment for the long term despite market ups and downs and short term price movements. One can never hold unless one is extremely patient and expects more gains. A holder must firmly believe that Bitcoin will become a valuable digital asset in the future. Bitcoin holders do not care about little loss or profit after investment.
If you implement a long-term strategy in bitcoin then you don't need to monitor price movements all the time, you can hold on until the desired price is reached. Bitcoin is very volatile, but when we implement a long-term strategy, you don't need to think about regarding the correction process and market sentiment due to FUD because holding is indeed waiting for the desired price increase to be achieved and bitcoin has also shown excellence in maintaining value, that's why bitcoin is considered very suitable for investment in the long term.

They think it will act like a life insurance that can brighten the future. But there is no denying that holding Bitcoin can be a revolutionary way to gain freedom and potential returns.
There is a balance between holding and adding to the amount of bitcoin ownership we have. When we implement a long-term investment strategy, we automatically have to think about ways to increase ownership. This means that the more bitcoins we hold, the faster it will be for us to make big profits, the pattern for collecting is up to what is easier for us to use.