Post
Topic
Board Beginners & Help
Re: I have to hold on tight
by
Tmoonz
on 28/02/2024, 19:34:51 UTC
I just saw the market, it turns out that the bitcoin price has gone up.
and I feel very happy with the increase in the price of btc, and I bought btc at a price of 17000 and I just saw the market now the price of bitcoin is 22000.
but do you think I should sell it, or keep it? because I'm afraid the btc price will drop again to 17000,

but now I decided to hold on tight, because from the start I planned for a long term investment. and it's not certain that I can scrape again from the bottom.

I ask for tips from you, how can I be strong enough to resist, and not be tempted by prices that have already increased?

and your explanation will be very much appreciated, and
hopefully this is useful for all of us, especially for beginners like me...


You shouldn't sell your investment prematurely, the reason for hodling is to enable your investment have a compounding value of your invested sum over time the longer you hodl your investment the more compounding value of your investment, you don't have to panic because Bitcoin should be seen on a long terms perspective, is the world largest digital currency that is still growing hodling for long term Will definitely make you to be part of the success story of how much potential Bitcoin have. So don't sell.