Post
Topic
Board Speculation
Merits 2 from 1 user
Re: Should I still hold the investment or sell it?
by
irhact
on 29/11/2023, 21:40:05 UTC
⭐ Merited by EluguHcman (2)
When the price of Bitcoin reached $38K I thought I would sell my investment but I didn't sell my investment yet hoping for something better. Thinking whether to sell the investment or not I thought I should share the matter in the forum and I will get the best solution from the forum that's why I am sharing the matter in the forum whether I should hold on to my investment or sell it now.  
I don't need the money anyway, if I sell my investment now I have to deposit this money in the bank again.

If you don't need the money keep holding and don't sell. If you sell you'll use the money to buy sometimes that won't have value as Bitcoin. Hold your Bitcoin always and only sell when you need money to use and there's no other options of getting money for elsewhere. Since this is your first investment in Bitcoin, keep on holding and you'll be happy you did. In years ahead you'll be glad you didn't sell your Bitcoin. I don't trust the banks and there's no benefits in holding your money with them.

Banks use our money to generate more money for them to use and that's why they want us to always keep our money with them and when we do that, while our money loses value due to inflation they make profits by using the money we keep  with them for forex investment or lend them to borrower and make profits from the interest on the loans. They don't own the money yet they make use of their service and make money from other individuals money they're holding.