It sounds like someone found a massive stash of Bitcoin that was just sitting there for 11 years! Can you imagine forgetting about that much money? And the fact that they were able to get that much Bitcoin in the first place just shows how much faith the early adopters had in crypto. Crazy, right?
Topic: Extremely Holding - page 5. (Read 451 times)
The Bitcoin market is making sellers look guilty of how they want to use their assets. It's not meant to be that way. Hodling helps the network, but we are in control of what to do with our assets that is why Bitcoin is better than the bank. The seller who made such a sell after holding for 11 years made more profits (one reason we are told not to sell) yet I don't see the difference between him and the person that sold after a year (instance). The end scene is that they sold. Let's predict he bought a new property with such a huge amount, that's his pleasure that made him to sell. That doesn't mean he can't sell the property tomorrow and buy Bitcoin at a cheaper or higher amount, at the end, it still helps the network. Then, let's back forward to the guy that sold 1 year after hodling, he may not have made so much profits, but the window is always open for them to buy more. In a nutshell, hodling as long as you can is necessary. Don't let the hodling pressure in the market create a self psychology in you that makes you feel unserious after selling your coin. If it matters to sell no problem. Holding is good too, but we have pleasures and problems in life to tackle.
If this isn't some extreme form of holding, I wonder what it is then. According to the Twitter handle of Bitcoin Archive, 412Bitcoin worth $9.6m was moved from an address that was dormant for 11years. That means the owner just bought and "forgot" it there. While for some of us who have been holding for the past 3 months, it's seems like a century.This is gentle nudge that if someone has done it then you can(that is, if this is your goal).
How long do you think you can hold?
How long do you think you can hold?
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