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What do people mean when they say to hold on to bitcoin? If someone wanted to spend 300k usd of bitcoin should they spend this amount as soon as they have it or wait longer until its worth a lot more than just 300k usd? How can this be determined?
The decision lies on the investor alone. Before we invest, we already have our plans and goal for our investment. But for some reasons, there could be a change of mind along the process. Some decided to sell early while others just keep hodling their coins and sell only when they need some funds, but mostly they won’t be selling their coins all at once, there are still future profits waiting if they continue to hold some of their coins.
Original archived Re: Holding on to?
Scraped on 25/04/2025, 22:58:36 UTC
What do people mean when they say to hold on to bitcoin? If someone wanted to spend 300k usd of bitcoin should they spend this amount as soon as they have it or wait longer until its worth a lot more than just 300k usd? How can this be determined?
The decision lies on the investor alone.