The massive awareness to keep bitcoins for as long as possible promotes people to develop the attitude of saving, just like saving money. Do you agree with this that people who are very good at saving money become very good at keeping bitcoins when they finally start doing cryptocurrency? Or do you feel that there is no similarity between keeping bitcoins and keeping money?
This will varies base on who is the person saving the money be sure lot of them are able to save base on how they see the amount they kept in the bank or their piggy bank remain the same or little profit added to it by the bank but when it comes to crypto currency most of them don’t have that patient and they are always afraid of losing it all to the system.
Especially when they invest like 100$ to 500$ in bitcoin and they have the equivalent amount in bitcoin as of that time sent to their wallet, as time goes on bitcoin price might start dropping down the figure they have in bitcoin won’t drop but the price will reduce which many people who’d don’t understand the market might end up selling off in other for them to lose everything to the market, if you can’t control your fear you can’t save anything in a highly volatile asset.