Post
Topic
Board Bitcoin Discussion
Re: are you still strong holding btc
by
KaizenJujustsu
on 29/07/2023, 15:45:52 UTC
as we know today btc is in the range of 28000, and i was very lucky to be able to buy btc when the price was still low, and now if i sell it i have a profit but if i sell it now i'm afraid i won't be able to
buying from the bottom again,, and I'm currently struggling to hold btc so I don't sell it,

I want to ask if you also  keep holding btc?

and the reason I hold btc is because I believe the price of btc in 2024 will be high and there will be no more btc prices like now.

To be fair, yes you could now earn a profit when you sell your Bitcoin at this point around 28k if you buy from the low it's already a good profit depending on how much you invested. But there are probably a lot more opportunities to sell your bitcoin, remember that bitcoin halving is next year, and the all-time high was still so far from today's price.

I believed in Bitcoin and I'm still holding my Bitcoin even though I sell a lot of it on the last bull run, I bought and accumulate when the market price drops down, and I would continue to hold it until the Bullrun maybe when the all-time high is reach or maybe even more around 100k. I mean it's easy to hold in my opinion you just need to have a liquidated fund or fiat funds that you could spend, You wouldn't really sell your Bitcoin when you don't really need money. Most members would probably suggest not to sell your Bitcoin because it's still early and you still have time to accumulate more Bitcoin.



Holding a Bitcoin for a long time is totally worth it, especially if you hold a considerable amount of money that the price of your Bitcoin might be doubled or tripled in the next 3 years. While if you only hold a small amount of Bitcoin, it will take long for you to be satisfied with your investment.

As for me, I will only be holding a bitcoin on the amount that I can only afford to lose because the price of Bitcoin is still volatile, and my daily needs are my top priority. Holding btc really depends on your situation and circumstances.