Post
Topic
Board Beginners & Help
Re: Will hodlers still enjoy profit in the future?
by
albon
on 24/08/2024, 19:00:37 UTC
I think almost all investors have their own selling targets. This means that everyone who invests in Bitcoin will have a price target to sell in future. It will Only a few will continue accumulating without any plan to sell at a specific price target. However, I believe a time will come when even those who initially did not have a selling target will start selling because we can't hold it forever. Our old age might also lead us to sell. It is also possible that some people may choose not to sell, allowing their children to inherit their Bitcoin investments instead.
Not everyone who sells will achieve the same level of profitability. Your decision to sell is not more important than your investment decision to buy at the right time, particularly when you purchase during Bitcoin price dips.. These dips that youu accumulate will determine your future profitability, regardless of when you sell. And I agree with the author of Rich Dad Poor Dad when he says that profits are made when you buy, not when you sell. Each Bitcoin holder has a different mentality regarding their patience rate, long-term vision, and ability to overcome FUD, potential profits, capital management, and personal circumstances. Therefore, the Bitcoin holders who will enjoy their profits in the future are the ones who are most resilient and who place the decision to sell at the bottom of their priorities.