Should You Trade Bitcoin Or Just Buy & Hold?

in #blocktrades7 years ago (edited)


And because of human nature, people tend to buy into something when it's hot or popular. That usually means when the price is high. And a very high percentage of those people that buy high end up panic selling when bitcoin's price falls by 50%+.
P.s I don't have any copyrights for this video, Am just sharing it so people can benefit from the knowledge

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Buy and hold #Bitcoin is my vote. For reasons of simple economics. With a limited supply in a very early adoption phase of the crypto world, Bitcoin can only go up with higher highs and stabilize it's volatility as scarcity grows. Not to mention the network effect of Bitcoin's dominance. I am a #HODLER.