The first post in this thread (the OP used to create this thread) was made on 24th March 2024. The second post made by the OP was made today on 16th May 2024. The gap between the two posts was 125 posts. Not only that, the last post in the thread was 29th March 2024 but the OP decided to post here today.
Not in all cases but most, if members are not going to participate in threads they create they should either lock them or not bother making them in the first place.
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.
I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.
Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
What do you do?
On what principles guide your actions in the realm of Bitcoin (BTC)?
Don't be surprised there are still investors who have accumulated enough bitcoin that would choose to sell some portions of it to buy cars, houses, and other luxurious things. Do you think it is stupidity to do that? Think about it those investors that started investing in Bitcoin 10 years ago selling now and living the life they deserve won't be such a bad idea. In my opinion i feel like it is not a bad idea but selling their entire Bitcoin that is where they might be wrong.