We can't believe blindly what we have to do is little bit of research and rest depends upon the luck.
Nobody knows what will happen, we only speculate. Bitcoin could have peaked; it may now drop and never see the high prices we have today. I don’t think this will happen, but it could.
The main issue I have with blind holding is that it often justifies bad trades or life gambles, for example:
I bought Ethereum at $400, I believe it will change the world, and I am holding for the long term.Sure, what you mean is, I had FOMO, I bought more than I should at a stupid entry point, and now it has dropped to $145 I am shitting myself.
I sold my house and put it all into Bitcoin; I will be a millionaire in 10 years. Sure, what you mean is, I have gambled your life on a new volatile market.
You are viewing a single comment's thread from: