RE: Don't sell more bitcoin than you can afford to lose. Some thoughts on HODLing strategy.

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Don't sell more bitcoin than you can afford to lose. Some thoughts on HODLing strategy.

in blockchain •  7 years ago 

Good Advice - thanks. I noticed that the Russians did the same thing that China just did - before they totally reversed their position. This manipulated the bitcoin market - allowing them to get in at a reduced price. Of course, now that the fright is wearing off - the price is up a little. So... probably a lot of smart, richer people buying on the dip. Crypto's are here to stay. It's just the beginning.

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I totaly agree with you. Theres a sevey been done beginning of this year stating that 0.15% of the world own bitcoin and it has risen to 0.3 % in a few months. Now that is impressive. Massive addoption will come in no time. So thats why bitcoin is so volitile these days so many rumours/fud will hit this market in the coming months big players/companies/banks/goverments will do anything i theire power to panic the market to buy the dips. Blochain will thrive in the years coming.