Post
Topic
Board Bitcoin Discussion
Re: Is holding Bitcoin generally good?
by
WeedGoW
on 17/06/2025, 16:33:10 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.
It seemed very beautiful. You have highlighted some important aspects here that will come out if you analyze deeply. You said whether the network is strong in using Bitcoin, it seems to me that Bitcoin is not powerful when the network is retained only by reinforcement. Those who do on-chain transactions pay fees on the network which are part of the miners incentives and security. It is not to badge bitcoin, but to contribute to a healthy ecosystem.