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I have mentioned some Bitcoin addresses that have held onto their Bitcoins for more than 10 years and are still holding onto some Bitcoins.
For example -
1. 12ib7dApVFvg82TXKycWBNpN8kFyiAN1dr
2. 12tkqA9xSoowkzoERHMWNKsTey55YEBqkv
3. 1PeizMg76Cf96nUQrYg8xuoZWLQozU5zGW
There are many more addresses that are constantly storing Bitcoin. I don't know if these are mining wallets, but the wallets are still active.
Actually, I don't think real investors who have full confidence in Bitcoin will sell all their Bitcoins right now.
Yes, they can sell if they need the money very much and have no other money except Bitcoin.
Also, I don't think those who are holding Bitcoin will sell Bitcoin unnecessarily and invest in something else.
Because currently the most profitable and most reliable thing is to invest in Bitcoin.
Why are you complicating your statement,you sound confuse. You alone saw the possibility that if we're confidence enough,we can hold our Bitcoin for 10 years and now you are also saying we can sell our Bitcoin portfolio if we're in need of money. If I must remind you,Our goal here as long term investors is to continue to hold Bitcoin for a very long time,even more than 10years without tampering with it and not the other way round. Sometimes even when we have reach our over-accumulation target & holding duration,we are to only sell parts of the profits generated while leaving the rest of it to continue compounding in Bitcoin for the long term. Continuity in value is the more reason we should keep holding our funds in Bitcoin even after reaching our targets since Bitcoin is a store of value.
Yes, they can sell if they need the money very much and have no other money except Bitcoin.
What happened to our Emergency funds and backup funds or have you forgotten why we must have an Emergency funds alongside our investment. Our Emergency funds is built to manage real life Emergencies when it arise. It simply protects our investment by helping us avoid tampering with our portfolio. Instead of selling like you advice,they should used part of their emergency funds to sort out the problems at hand.