Post
Topic
Board Bitcoin Discussion
Re: The power of HODLing BTC
by
leonair
on 27/03/2024, 13:54:47 UTC
Woah. That is indeed crazy. Such a huge respect to whoever that person
for having the patience and trust in bitcoin. They have gained so much profits.
Makes me kind of jealous I was not yet aware of bitcoin at 2010 but hey, at least
now I am holding it and I intend to hold it for dear life Grin
We are really jealous when we think about the history of Bitcoin. Because the initial value of Bitcoin has now increased several thousand times. those who invested in Bitcoin at that time have now made hundreds of thousands of times their profits, but it is doubtful who could have held for such a long time because few investors have the patience. Not only at the beginning, those who invested in Bitcoin during the last deep market also got to make a lot of profit. so those who can afford to invest in Bitcoin and hold it for a long time will get much better results.

There some instances that we think that if there's a time machine for sure we will go back from the past and buy a lot of bitcoins or do those task that can give us huge volume of bitcoin then get a lot of gains on present times. But this is all fantasy that's why we need to look up at present time since we can still do some good actions and decisions so that we will not regret for many times that we didn't hodl our bitcoins since as of know there's a lot of opportunity to do it and earn the same with old people from the past if we are just eager and can execute well their plans to hodl for long period of time.
If there was a real thing called time machine in the world then I think everyone would use time machine atleast 1 time to take advantage of this bitcoin no matter how expensive it is.  No one can say who has been able to take full advantage of Bitcoin since its inception.  Because Bitcoin has made new ATHs several times during that time and done so at much higher prices.  So even at that time, it is very unlikely that anyone can control themselves and hold bitcoins until now