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?
Holding on to your Bitcoin assets is the process of keeping Bitcoin that you have invested for a significant period of time it allows you to wait for a while while your bitcoin investment appreciating over time, it's said that the key to Bitcoin investment is to hold as far as possible.
Holding on to your Bitcoin assets depends on the individual involved because different persons have different mind set there are people who only invest for a short period of time and there are also people with the mindset of investing for the long run