A trader who is confident that Bitcoin BTC will rise is not planning to sell his BTCs. He has shared the same fate with many in the bear market and lost nearly $ 2 million. Why does he insist on staying in BTC?
Bitcoin is sure BTC will rise!
Everyone agrees that the crypto sector has made great progress. In particular, 10 years have passed since Bitcoin entered financial markets in 2009, and even though Bitcoin has suffered severe blows, it still survives.
In the crypto market, there were those who suffered great losses as well as those with losses. A lot of crypto money changed someone's life. One of the people who changed his life, through Reddit, shared his story as a Bitcoin investor. In Redditor, this trader, bitcoin234142, said he entered the crypto market in 2013 and has amassed over 100 BTC by 2017 with an incredible amount.
This was done by the Russian-based BTC-e stock exchange, which was later closed by the US government. However, he was fortunate that he transferred his money to a different location a few weeks before the stock market closed. But it didn't take long.
Then 2017 arrived and the bulls went mad and raised the Bitcoin price to $ 20,000, the highest level of all time. The value of this investor's Bitcoins was $ 2.3 million, but he did not fund his BTCs as many investors did. He sold only $ 90,000 BTC to get his first capital back.
After January 2018, the market began to collapse and Bitcoin began its free fall. However, this investor continued his BTCs to HODL. The reason why this investor still insists on HODL is to make sure that Bitcoin BTC will rise. In particular, the trader behind the crypto sector has the opportunity to evaluate the technology and the team that develops this technology, and thinks that the decline in the market will be reversed.
Since the launch of Bitcoin, it has witnessed more than 6 crypto accidents and has lost more than $ 1.9 million since 2017's highest level. But we are confident that Bitcoin BTC will rise!
He thinks that Bitcoin will enter a new bull race in May 2020 and believes that all the memorization of the crypto market will be spoiled. In a different Redditor article, it is claimed that the interest in the sector is now more intense and that the next crypto bull will be larger than its predecessors.
HODLLL...