Post
Topic
Board Bitcoin Discussion
Re: Why you should only hold Bitcoin
by
Rao420
on 06/07/2024, 18:13:28 UTC
Hodlong is a thongof mentality which is understanding and when the understanding is not their hodling seems very difficult.  When their is understanding people don't force their self to participate.  Understanding hodling it makes investors to see reasons why investing in Bitcoin is very important,  the understanding of hodling makes investors to figure out good plans in other to prepare for the next hodling.
Holding Bitcoin really gives investors a new perspective.  But now bitcoin is continuously going down and now the price of bitcoin has become a lot of curb for the holders due to sudden dip.  Despite the dip, history shows that those who hold onto their bitcoins ultimately benefit.  And finally holding strategy is beneficial for investors.

This is not the first time we are experiencing dips or situations like this where the price of bitcoin dips instead of pump. To my best of knowledge this is a good opportunity to start holding or accumulating more because you'll get it cheaper than the normal price or when Bitcoin is at its bull peak. Holding is the best strategy for bitcoiners as it is very reliving . But only the strong minds/ discipline type makes it out without getting emotional and selling their coin.
It is a good opportunity to buy and hold Bitcoin now as it can definitely pay off.  But some people say that Bitcoin will fall further and its price may reach 40k. Still this is hard to be sure of.  Bitcoin has seen a lot of ups and downs.  Hence , it looks like Bitcoin may fall to 40k.  It is important to understand risk when investing.  Are you thinking of investing right now.