Post
Topic
Board Economics
Re: Never Sell Your Bitcoin: Is This Idea Foolish or Smart?
by
Jatiluhung
on 31/07/2024, 07:55:06 UTC
In reality, such an approach benefits the large Bitcoin holders the most, and it can be quite unfriendly to smaller Bitcoin holders.
And in fact, everyone who has made long-term investments in Bitcoin from 5 years to 10 years ago or more has now made huge profits. And I think it doesn't matter if they want to sell some or all of what they have that they have held for a long time. But for those who have just entered this season and they intend to invest long term, they really have to adhere to their initial plan for those who want to invest long term. And you must remember that long-term investment means you are ready to hold it for a minimum of 5 years. So for those of you who are not ready to hold for at least 5 years, you may be more suited to medium-term investment. And there is no problem selling it at any time when you are satisfied with the profits you have made.