Unpopular opinion : Hodlers are incredibly important for the price of bitcoin.

HODLERS are really good because they don't sell their coins.

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Meaning that in a bear market, you have whatever amount of bitcoin they represennt, ex : 98% of bitcoins that are OUT of circulation that aren't being sold.

​

So those 98% of bitcoins that aren't being sold aren't contributing to bitcoin's price going down.

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So when people try to buy bitcoin, the more they buy the more the price will go up because you have all the hodlers that are holding these coins that these buyers will never be able to get.

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So in short, the more you HODL, the more you contribute to Bitcoin going up.

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Moral of the story : Keep HODLING.



Submitted November 23, 2018 at 07:15AM by xzavyernarvaez https://ift.tt/2FD123b

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