Quote from: Bloodseekers on Today at 01:58:57 AM

Quote from: Justbillywitt on March 02, 2024, 05:36:10 PM

Quote from: ginsan on March 01, 2024, 09:15:05 PM

Rest assured those who bought in 2022 will not sell their BTC in the near future because I believe they are big investors who have seen great potential in Bitcoin in the future.

I won't totally agree with you that everyone who bought bitcoin in 2022 will not sell their bitcoin. I will tell you for free that not everyone who bought bitcoin in 2022 are still holding their bitcoin till date. Holding is a mindset and not everyone can do it. In every 20 person that buy bitcoin, you will be surprised to know only about 7 or less will hold for long term. People who are coming into bitcoin investment should understand that holding bitcoin is for long is part of the investment process and only through this can we truly benefit from it more.

Yes, you are right, not everyone who bought Bitcoin in 2022 is still holding their Bitcoin until now and even if there are, they may have sold some of what they have for various reasons. To be able to hold a certain amount of Bitcoin in the long term certainly requires good planning. and also we must have an income that can meet the needs we need because if we do not have good planning and a steady income then it is very unlikely that we will be able to hold on for a long time.

I made a small investment in 2022 which I am currently investing in DCA method. I didn't let myself get greedy on this little bullrun, up $64k a couple of days ago but I didn't sell the investment. I expect Bitcoin to exceed $100k after the halving. If I don't need money urgently during the bull market in 2025, I will not sell my investment, I will hold it for 2030 plus period.