I can see why it's almost impossible to hodl though multiple cycles
There seems to be an endless amounts of:
FUD
Anti bitcoin articles
Shitcoins to tempt you away from btc
Huge price swings
China/India/country x ban
bitcoin is a massive speculative tulip bubble
bitcoin will destroy the environment
massive hate from no coiners
I have huge respect for hodlers that have held through one cycle, let alone multiple cycles. These people really deserve their gains.
I certainly wouldn't have been able to do it.
These things certainly test your conviction and ultimately wears you down into selling.
Yes I know we've seen it all before, but maybe this time out it will be different and bitcoin will really go to zero.
Either you would have sold because:
- it went up x amount and you would have taken profits
- You fell for some FUD or anti btc article
- You sold during one of the bear markets or one of the corrections
- You sold to buy a shitcoin because it had "better" technology
It would have taken massive conviction to have held on during all of those things
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