Greetings,everyone
At this point in time,i was wondering about the opinions of dear forum users
There is a long period of time when the bitcoin price is at a rather high level,compared to the price a year ago
Some users have sold all their bitcoins as soon as the price became higher than the price at which they bought them
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
Same question and consideration is I owned a landed property and it has started doing well and I know it has more potential to do better and I'm confused if to sell or hold, to me I'll do according to the plan, do I need the money ? If no then I won't and if yes I would.
And I feel most holders are not holding based on the conviction of selling when the price is high or even considering selling at all, it's all about having a stake in a good asset that has potential to generate wealth for you, yeah most persons started our for the profits but later started having a conviction that bitcoin is a good asset and with holding and storing value in. Okay compared to having cash or saving money, I would personally prefer to have my most value stored in bitcoin and that's my personal approach, so I'll rather be thinking in terms of buying than selling through DCA.
The question you should ask yourself is how do I view bitcoin and what decision have I made concerning it, that way you would find strength to hold for longer term or sell right now, and that decision would be yours cause with all our opinions you may never find strength to hold or to sell now, no one can help you figure that out but yourself, and In any case you have to come to that decision on your view on bitcoin.