Learnt today that there are individuals that know nothing about Bitcoin but have been holding since 2020
Came across one today and was quite shocked.
Guess knowledge isn't the biggest decider of who holds or trades.
What kind of ridiculousness is that, not knowing bitcoin but holding it since 2020? Is it not a strange thing when they don't know anything including the basis of what bitcoin is but holding it since 2020.
Same ridiculousness of someone holding a shitcoin because they were promised it would rise
Instead he lucked out in choosing Bitcoin.
The Essence is the amount of knowledge one owns about Bitcoin doesn't define it they would be an Holder.
He held since then and don't usually check
The last time he said he did was last year and it was already times 3.
He plans on holding longer like a form of backup in life.
I think that is a dumb way to check your bitcoin investment because if his wallet et compromise how will he know that his bitcoin is missing from his wallet. An investment is what we monitor and check from time to time to make sure that everything is gong as planned and there should also be time to reevaluate your bitcoin investment.
I thought that the more our bitcoin stash increases should be the more an investor should have the zeal and passion to learn more about what he is investing into. Maybe the person you are talking about Ambatman only lump sum once and thought that is the best way to invest in bitcoin. Unknown to him that he should continue growing is bitcoin portfolio overtime buy increasing the size from tie to time, if he is only concerned about lump sum as that will put him in a better position in future than buying only once and didn't buy again because it is not just having bitcoin but the size of your portfolio matters a lot.
This is the reason why you see that JJG is always hitting the word of keep increasing your bitcoin portfolio continuously overtime, because I don't know what level his bitcoin portfolio is since those investors that already have more than enough bitcoin are still buying when there is n opportunity, investors like MicroStrategy who I read that If he buys the amount of bitcoin that he is planning to buy, his bitcoin hodlings will be higher than that of Blackrock.