The power of Bitcoin HODLing - page 6.

LUCKMCFLY

legendary

Activity: 2590

Merit: 1882

Leading Crypto Sports Betting & Casino Platform

This article is purely for analysis, but I find the approach they show about Hodl interesting:

Oops! A 100% Bitcoin hodl outperformed CNBC's 2017 altcoin basket by 170%

Quote

"An equally weighted basket of the top 5 cryptocurrencies has underperformed Bitcoin by over 50% over the past 7 years," he summarized.

Source: https://cointelegraph.com/news/oops-a-100-bitcoin-hodl-outperformed-cnbc-s-2017-altcoin-basket-by-170

It bodes well for those looking to profit from altcoins, there is talk of a possible altcoin season. It is a totally successful approach to the intelligence of doing Hodl, Bitcoin is the safe asset, although the season of Altcoins has not yet arrived as many expect, I believe that no currency will give the best profitability than BTC, in the same way all altcoins depend on BTC movements.

sunsilk

hero member

Activity: 3038

Merit: 634

I've learned to hodl and it's a good thing to see the price of bitcoin going up to $50k-$60k and still managed to hold.

Quote from: Oasisman on March 29, 2021, 07:07:33 AM

Those who bought on July 2010 probably have sold their Btc when it was priced at $100, those who sold at $1,000 probably was considered as a strong hodler. And those who bought Btc five years ago probably has sold when It reached a $19,000+ ATH in 2017.
So, I guess a lot of em would be learning the lesson then?

Not hodling means you don't trust Bitcoin even If it has been constantly increasing every year.

I've learned the lesson and even though I'm also one of those people that haven't sold a lot during the ATH on 2017, still that's a lesson that you shouldn't be selling all that you're holding.

Predictions for this year are crazy and increasing yet possible to reach.

Oasisman

hero member

Activity: 2716

Merit: 552

Those who bought on July 2010 probably have sold their Btc when it was priced at $100, those who sold at $1,000 probably was considered as a strong hodler. And those who bought Btc five years ago probably has sold when It reached a $19,000+ ATH in 2017.
So, I guess a lot of em would be learning the lesson then?

Not hodling means you don't trust Bitcoin even If it has been constantly increasing every year.

WatchMaker

full member

Activity: 518

Merit: 104

PUFFY FINANCE

Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today.

Twitter: https://twitter.com/michaelbatnick/status/1348071853617782784

Look at the value of $1,000 invested in bitcoin five years ago

Twitter: https://twitter.com/JonErlichman/status/1373638414227156992

Not HODLing can be hazardous!

Twitter: https://twitter.com/adam3us/status/907404159179268096

A lesson for a lifetime. I learned my lessons, how about you? are you?

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