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RE: When to Buy in New Era of Cryptocurrency Regulation
On the other hand, why are there so many hodlers? Because they know there is a demand for bitcoin. And why is there a demand? Is it a good measure for payments, can it store value reliably? No, it isn't and it can't. But it is a good pool of liquidity. And when it wont serve this purpose too then hodlers might as well turn to bagholders.
most of the "hodlers" youre talking about have left the market because well, they are panic sellers. Most bitcoins are hodled because bitcoin has the largest chance of becoming the world's international currency. By the way if you ever see it approaching this you should sell and buy gold.
That's why I diversify crypto investments and don't try to accumulate as much BTC as possible