Bitcoin is not just a crypto token, it is an asset that should never be panic sold.

[Fidelia]

I have been following the developments around bitcoin and one thing that I have come to realize that Bitcoin is an asset. No matter how much it dips, it would always rise again at a rate far more than the dip.

I believe that people should never panic sell bitcoin. What do you think?

 

[Suba]

I agree with your opinion, we should not panic when the price of Bitcoin drops drastically, because since Bitcoin was created until now the price will always go up higher, while the supply of Bitcoin has decreased, as well as the reward for miners, in the long term Bitcoin will be very profitable.

 

[Nomad]

That is very true, Bitcoin is an invetstment assets not something that should be spent like money. But sadly I sold my bitcoin a long time ago

 

[Fidelia]

People that just panic sold their bitcoin with the last dip are already regretting it now. One needs to understand how bitcoin works to profit from it.

 

[mrki444]

When will be next bull run? In a year or two? In two years I could have some better amount of BTC satoshi.

 

[Min George]

Looking at what bitcoin has achieved recently, I can't agree less. It is called the virtual gold for a reason.

 

[Augusta]

Yeah I agree with this unless you are in nedd of urgent money but of not continue storing your BTC to reap more in the future

 

[eLdavis]

Self discipline also plays an important role, a lot of people are aware of this but would still sell under panic.

 

[Fidelia]

Yeah I agree with this unless you are in nedd of urgent money but of not continue storing your BTC to reap more in the future

Even if you are in need of urgent money, find another source to raise it than sell your bitcoin. It is a very bad decision to sell bitcoin.

 

[Augusta]

well, different strokes fir different folks. if you do not have any other way around it then selling it would be like the last resort

 

[Xtynehappy]

According to the milestone that the Bitcoin had really hit, it had really proven to be a great crypto coin

 

[Fidelia]

When you look at the potential of bitcoin in the next four years, it really makes no sense to always sell bitcoin. It is okay to take your profits though.