The Future is Bright for Long-Term Bitcoin HODLers

For those who own bitcoin, the future is promising. Even though they are aware of the price decline, they are clinging onto their coins. How come? Since they are aware that the price will eventually rise once again and they will be able to sell for a profit.

For two reasons, Bitcoin HODLers think that this is the case. First off, since Bitcoin has shown itself to be immune to manipulation, and because there hasn't been much manipulation of other cryptocurrencies up to this point. Second, there is no evidence to suggest that Bitcoin is any more vulnerable to manipulation than any other kind of financial asset or investing tool.

How is it possible? Because anybody trying to influence the price of Bitcoin would have to do it for all other cryptocurrencies as well. You would need to manage both the supply and the demand of another coin if you wanted to influence it. Additionally, you'd need to be able to control every other coin in the vicinity with sufficient power, resources, or both. Due to Bitcoin's extreme decentralization, it is impossible for anybody with bad intentions against its users or investors like you to be successful at their