Post
Topic
Board Economics
Re: How do you work toward hodling bitcoin?
by
Ben Barubal
on 13/12/2023, 15:20:17 UTC
~~~

Only now, seeing that the market is trending again, and the price of bitcoin is growing again, we understand that bitcoins had to be stored. Once upon a time, a friend threw 0.01 bitcoins to my wallet. I didn't fix it, but paid the phone bill. Today it would be about $380...

There is no need to test fomo and think about the past. Now such a scheme is relevant for sales: save bitcoins when they are cheap and give fiat, and when bitcoins are expensive, then immediately change them to fiat after payment by customers.

  Actually, based on my analysis that I see and do now, it is possible that this week Bitcoin will be 50k until next week. And if there is a correction according to what I see, it is also possible for it to happen by January 2024 until it even reaches 60k, then there will be a correction.

  If you are probably a deep trader and understand the market here on the Bitcoin graph chart, they will probably also see the technical analysis that I saw on this matter. But of course, this is still my prediction about the Bitcoin price movement.