I was incredibly disappointed with EOS because they didn't deliver what they had promised. As we all know, ETH is slow and expensive and EOS supposed to be fast and cheap. After all the hassle with setting wallet and staking CPU & RAM (which is a nightmare for onboarding new users), the network was congested with some stupid airdrop. And then the "split" happen with WAX, etc., thus I sold all my EOS and never look back. Nowadays, it's easier and comparatively cheap to use BSC.

This means that Golum holds bitcoins to the point of sacrificing himself and never really enjoying all of his efforts.
Just have questions for anyone who actually did this.

You are similar to the guy above. A person who takes advantage of an opportunity to trade. I understand the feeling of taking money out of an investment and enjoying the profits. It's sweet and comforting. I know people who have thousands of Bitcoins. He lives a simple life, doesn't drink, doesn't smoke, has no romantic relationships with women, and lives on a monthly minimum of about $300. I really admire his mindset and regret the pleasures he doesn't enjoy.


Human greed is very unpredictable. Even Newton swings to the top of stocks selling at a high price and buying at a higher price in the hope of greater profits.


For many people, transaction costs are greater than cryptocurrencies that hold them back. They will convert to other altcoins and pay to reduce costs. That's pretty cool too. Sometimes a little transaction fee but doing it many times is enough to erode our wallet.[/list][/list][/list]

Yes, and  I did several times.
Not all are holding anyway as that was their choice nor I should have to hold forever but something to enjoy while I could still use it to buy stuff.
Maybe you are right that if everyone will hold it makes the price of Bitcoin dump but this had never happened in real life because not all are holding. Buying and selling is the nature of this market, might these people buy now and possibly sell it by tomorrow, that can be happening depending on their decision and the reason why they are here in crypto.

As long as I'm involved with bitcoin, I just want to enjoy the beauty and comfort of life as long as I'm involved with bitcoin while I still have it.
I mean I always take advantage of bitcoin's rise when it hits highs to sell some of the profits to buy or manifest what I want and facilitate the life I really need so I can have it, and most likely if I wasn't involved with bitcoin I wouldn't be can make it happen.
So I don't fully hold my holdings for long term because I want to really enjoy and feel the benefits for my happy life with my family it's all because of bitcoin.

You know what you should do? Whatever the heck you want! And I'm totally serious and didn't say that in an aggressive manner. If you disagree that bitcoin shouldn't be for hodling but instead used as a currency, then you're free to use it as a currency, and vice versa. That's the beauty of it— freedom to do whatever you want with it.

No. We will just keep all of them until we die, since we don't like nor want to enjoy life. (/s)


PS. Did it occur to you that people/companies buying Bitcoin actually buy from others who are... um... selling? And since price is still way under 1 billion a piece, it means that there are plenty of sellers?

Personally,  I have sold some of my coins in the current bull run. The gains were enormous,  and I think we will face a big bear market in the upcoming months or years.

Taking small profits now will make me feel better in a bear market, so that is what I did. If it helps you feel better and act more rationally in a bear market if you sell some now, you should do it as well.

As mk4 said, we are all free to do whatever pleases us. Imo, you should never regret taking profits, even if the price gets to new ath later on. Acting rationally is what matters,  and nobody can predict the future.

Obviously it’s nice to take some profits at times. I’ve been HODLING since 2014 & sold hardly anything. I will make bigger sells in Q4 though as I expect more ath’s towards the end of 2021. Never sell your whole stash though, bitcoin is going to gain more & more mainstream adoption as the years pass. We will probably see $1,000,000 per coin in the next 20 years.

This might be a big advantage for BNB against Ethereum in the long run actually. Because people prefer a faster network and lower fees first. And it needs to be secure also of course. As long as BNB provides these conditions all the time, BNB may draw many more people's attention to itself. However, I've been hearing that BNB fees are also starting to be expensive. This could be a bad sign for it if its developers don't create a solution for it.

The success of BSC because they already have background as a big exchange. So, they can put many advantage to the platform, example using BNB as a discount tokens, hyping developers to build tokens on BSC so its easier to list on Binance, and many else. Also with the power of CZ to influence crypto user, their marketing will be very smooth to attract users.