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RE: In the beginning Satoshi created the blockchain and Bitcoin...
It's hard to get over it. It's funny but makes freaking sense! Selling cryptos for fiat money is like selling part of your future.
It's hard to get over it. It's funny but makes freaking sense! Selling cryptos for fiat money is like selling part of your future.
You can’t HODL forever. You seem to suggest buying to raise markets, yet never selling. If you never sell it does not matter what the price is, it’s an irrelevance.
Well, there is a third option, which is actually buying things with it. Using it as the 'digital cash' Satoshi designed it to be. In that case, its price is relevant, because you'll be buying things with an amount of crypto equivalent to the fiat price for the item.
It was designed to be a medium of exchange, so I feel that actually buying things with it is quite true to Satoshi's vision!
I agree but buyingbthings with it is not HODLing. For crypto to have any meaningful impact, people need to stop obsessing about the price and use it for what it was designed for. This will allow the decent coins etc to rise to the top (as they will actually get used) and the crap will die out
Very inventive post!! THE WORST THING YOU CAN EVER DO IS SELL YOUR BTC. This whole sector is so young and maturing at a rapid and painful rate. things are gaining more and more mass adoption. payment gateways are being created, banks and governments are starting to accept things and warm up to crptos.... HODL your coins folks, they'll be worth more
There are people who are only doing crypto related stuff or you can say trading , eventually they have to sell some part of their favorite cryptocurrency to run there their monthly home finances so they will do that , otherwise i do completely agree with you and no can hold forever just a thought 😊