Post
Topic
Board Bitcoin Discussion
Re: Hodling or selling?
by
Antotena
on 12/04/2024, 22:53:09 UTC
But i'm interested in the actions of those who bought their bitcoins more than 2-3 years ago and sold them now or are still hodling them
How did you find the strength and patience to resist this temptation?
Please answer people who hodl not $1-2k,but at least from $20k
After all,the fear of loss from investing $1k is much easier to bear than from investing $20k
For me this is the best indicator of inner strength and patience,because the greater the amount of investment,the greater the scale of his personality

P.S i've personally hedl bitcoins for a few years and it's well over $2k

-Regards

People who has source of income tend to hold Bitcoin for long time than people who struggle to raise some money to buy some sats and here is why. A person who has a source of income wouldn't worry when Bitcoin price drop because they have another way to live a comfortable life even in the absence of their investment, they don't bother when Bitcoin price drop and they don't bother when the price grow because it makes them to have more believe that Bitcoin price will continue to grow in the future.

However, some who struggled to raise money to buy some sats will always see his wallet as a means of living that life he has always wanted, that life he dream and that's why any slight growth in Bitcoin price gives them quick suggestions to sell so they can use the money to buy any thing of their dream and they also get worried when the Bitcoin price drop, they panic as if their life is about to be taken from taken from them because they depend on that Bitcoin growth.