Why do people hold their bitcoins

Benjamin
Member
Joined: 2023-02-01 08:38:29
2023-04-01 13:20:34

Do people hold just because others are holding ?

William
Member
Joined: 2023-02-01 08:33:18
2023-04-01 13:21:25

No, we'll all hold as much as possible at our goal pricing. But since that's how the market works, nobody can stop us from selling it if needed.

Benjamin
Member
Joined: 2023-02-01 08:38:29
2023-04-01 13:22:13

I see, but why do so many people keep onto things rather than selling and buying again when prices are low?

Elijah
Member
Joined: 2023-02-01 08:37:05
2023-04-01 13:22:44

They do so because they know that the cost will increase. We don't want to sell it for less than we bought since it's an investment. 

Benjamin
Member
Joined: 2023-02-01 08:38:29
2023-04-01 13:23:32

What is your primary justification for holding, and how do you deal with market turbulence?

William
Member
Joined: 2023-02-01 08:33:18
2023-04-01 13:23:59

I've observed in the market that waiting patiently will pay off over the following years. As always, I made it through the challenging call. So if you disagree with the forecasts on the charts, stick to your long-term objectives.

Liam
Member
Joined: 2023-02-01 08:35:49
2023-04-01 13:24:22

Do you think gold is far better than these bitcoins ? 

Elijah
Member
Joined: 2023-02-01 08:37:05
2023-04-01 13:25:30

Of course, Gold is better and much safer than bitcoins. But it's all about fluctuation. Bitcoins have more potential than Gold, so people prefer it