HOLD BITCOIN (BTC) Wait for the Right Time and Sell it

It’s funny how almost every influencer is trying to debunk the no risk involved in crypto thing. In every investment there are risks but trying to calm people while saying “It’s almost perfectly safe” is not the way to go.

Some of the meme statements on the Internet will help you get a glimpse of the mixed thought vibes in the cryptocurrency space about Bitcoin (BTC):

• “Bitcoin is the kind of a big deal round here.
• You said Buy Crypto. I said Bye Crypto.
• I am in Bitcoin for the Tech.
• Bitcoin crashes and burns Old Guys you are used to it are cool.
• When people ask me how to trade Bitcoin I wonder if I look like a guy with a plan
• The Best time to buy Bitcoin was two years ago
• First rule of Bitcoin – Never Sell Bitcoin
• I don’t know how the Bitcoin Works and that is the point I am too Afraid to ask
• Wait for BTC to Drop can add more your position in Grave
• If Bitcoin is Digital world – It is undervalued
• Not sure if Bitcoin Value is Going up or Fiat Value is going Down
• One does not simply understand what is Bitcoin?
• My husband is rich in Bitcoin, but if he dies, I will not know how to spend them
• Bitcoin is the worlds biggest bank with no actual cash
• Right from 2009 it has been too late to buy Bitcoin every year.
• Bitcoin (BTC) is the world’s biggest bank with no actual cash.”.

Extreme Opinions on Bitcoin (BTC) From the people who understand value in their own terms:

• Old School Warren Buffett: “Rule No. 1 is never lose money. Rule No. 2 is never forget Rule No. 1.”
• New School Warren Buffett Michael Saylor: “Hold, Hold, Hold and never sell Bitcoin (BTC).”

Reportedly, the statement is inaccurate to Buffet’s actual track record of investing as he has made plenty of losing investments over his lifetime. Even the Oracle of Omaha is Human.

Human beings lose.  They fail.  Crypto investors are human, and their decisions will fail many times. It is a part of the process.

It is very important to understand the concept of HOLD – HOLD does not mean hold forever.  It just means to hold for as long as practically it becomes rationally profitable when you sell, which means short-term opportunities in the most part do not yield good profits in the long-term you land up with profitable price points.  Wait for the right time and cash it out.