Well Hello from the other side ~
Ever felt that rush when Bitcoin hits a new high? Or the sinking feeling when it takes a nosedive? Let's talk about the rollercoaster ride that is Bitcoin investing.Are we in it for the tech, the profits, or just the thrill? Whether you're a HODLer for life or a day-trading.Let's dissect the highs, the lows, and everything in between. After all, the Bitcoin market isn't just about charts and numbers.
What are your thoughts on this ~ Let's discuss
- That is the way the cryptocurrency market is designed. Always moved by FUD and FOMO. Once bitcoin price hits a new ATH, you will begin to see social media posts like "bitcoin has made me a millionaire". People who doesn't really know how long they have invested will enter once at the peak of the price and the market will definitely crash on them
- There are also long term Hodlers who will refuse to sell at ATH, and they will definitely end in regrets when the price will crash back to bear
- Then there are day traders who only cares about price movements. Only price movement is enough for them to make money.
I don't think there is anything as Hodler for life; we don't buy bitcoins to hold them for the rest of our lives; they are not meant to be bought and held permanently in our wallets; they are not decorations; they are there to serve a purpose.
You got this so wrong. There are life holders. They don't care how high the bitcoin price goes and how low it will go. They just want to own bitcoin for life. They are already wealthy, make waiting if bitcoin can worth 1 million dollars in the future. Satoshi is a Hodler for life. Myself, there's a portion of my bitcoin I will not sell, no matter how high the price goes.