Post
Topic
Board Bitcoin Discussion
Re: Is holding Bitcoin generally good?
by
Oohio
on 16/06/2025, 10:28:10 UTC
Please take a moment to get my point before you conclude. I know a lot of people judge a post by the topic alone and if that is applied to mine, I might be sounding anti-bitcoin since selling is highly demonized by a lot of people in this community.

Now the question is, assuming everyone who ever bough bitcoin is holding their bitcoin in their private wallets, what will be the fate of bitcoin and the bitcoin network? Does holding bitcoin strengthen the bitcoin network? If no, are those who sell and more their bitcoin on-chain generally doing bitcoin bad?

I believe in holding bitcoin and I'm actually holding some quantity and still buying. But a greater part of me feels that there should be more to bitcoin that just buying and holding in private wallet to gain some profits. I believe that bitcoin will be much more beautiful if a good number of human populations are using bitcoin for their daily lives and have real testimony that bitcoin actually made their lives better. We cannot achieve that if we only encourage people to buy and hold, can we?

I don't know if I have sounded so pessimistic towards bitcoin. From the depth of my heart, I want bitcoin to gain more utility than it has, the reason I made this post to seek opinion if there are people actually thinking in this direction or the right way of thinking about bitcoin is only HODL.

well from your post, you may not be demonized since its knowlege that you seek. From my standpoint, holding BTC is an investment for the longrun but having good information on the market and trading with it in a way that gives you profits is a better investment in the shortrun. BTC is the father of all crypto and it takes good information for you to be a trader in BTC else you might end up losing even when it is not bearish. This is one of the reasons investors buy and hold while waiting for the bull.
Trading is for those that have mastered the arts or are in the process of mastering. Nobody will really want to just hold BTC while waiting for the bull; if they can actually trade with it in the present and make profits. Its all about what you know and how you apply what you know about BTC