Post
Topic
Board Economics
Re: Who is still HODLING?
by
CryptoBuds
on 26/11/2024, 08:07:08 UTC
I’m skeptical if there’s user out here that doesn’t spend even a single satoshi on their holdings despite the current price which is the ATH.


Yea, maybe possibly the only ones who havent sold anything yet are the ones with no access to their wallets!
Haha, that made me laugh. But that's so true, we've waited for this moment and it's the right time to sell some, not all. But if there really are people that claims that they haven't sold any satoshi at all, they're admirable because at these times the first thing that a holder will have to think is about that we've probably at the next peak although there's an expected another one that's about to come. But you know, time is precious and whenever we're at that times, we have to value and decide the right thing to do.

I don't believe someone can hold bitcoin for years or hold through 1 or 2 bull cycles without selling any bitcoin. But I have some friends who have been accumulating bitcoin since the 2022 bear season, they have not sold any bitcoin in this bull run yet because things have not reached their target yet. Also, it depends on the economic conditions, some people made a lot of money from the previous bull season and they are reinvesting that profit. Not to mention, they have a stable economy, they also have no reason to rush to sell at this price when the official bull season has just begun.

We should not impose our thoughts on others just because they are not like us. The thinking of big investors and small investors is sometimes different. If we notice, while many people are selling and taking profits, ETFs are still buying every day.