This is the easiest coin to HODL, simply because at ~$6K, it's still arguably the best thing going on in the crypto world.
Of course, there are those who watch the buy low for pennies market, with plans to hodl, forever and a day for the next five decades. But for most, who just don't have that vibe; as noted, BTC is easy for the most part. Even if it drops to $2K a share, it will still top anything crypto; and, has tangible promise for future success.
Steemit, on a much smaller scale, also has promise. It shall be interesting to see its journey in the years to come.
Thanks for the post.
Best regards.
Peace.
My personal opinion is long term BTC is going to fail. It's simply not good enough fundamentally. Other cryptos like Litecoin with the same use case are better (not making a case for LTC). Coins that have other purposes like ETH and STEEM will be the future IMO. I definitely wouldn't long term hold BTC right now.
Hey @exxodus...I really hate when it seems like I'm waffling on my opinion; but, I totally agree with you on many levels regarding BTC. It is a very controlled asset, manipulated by a few.
I'd like to think that it might become a tangible alternative to fiat, long term; but, there are so many ramifications needed for this to occur, that yes, as is, fundamentally it's most likely to fail.
I have to admit, I will prolly hodl simply because I don't have much of a vibe for crypto at this point. I embarked on this journey just to see what it was about; and, have to admit it leaves me a bit 'underwhelmed' due to volatility and too few regulations...I can't believe I said that.
Thanks again for the tip!
Peace.
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