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RE: How Long Will I Be Holding On To My Bitcoin?

in #bitcoin7 years ago

Great thoughts and thanks for sharing the video!

I find I'm more tempted to dump my Bitcoin when I'm constantly checking the price. When you watch too closely you can't help but notice these ridiculous/amazing rallies of the Altcoin-of-the-Week which makes you itchy to jump ship.

It's good to be reminded that time is strange in crypto: both stretches and compresses. It feels like it's been FOREVER since Bitcoin made a massive run...but it's only been a couple of months :) So, yes, if anything it almost feels like an experiment: my curiosity will cause me to HODL Bitcoin. I'm planning on being in for years. It's hard to guess, but I believe the utility/tech, adoption/fame, plus the scarcity will all work in Bitcoin's favor.

That said, what are your thoughts on the dominance? We've seen it dip massively in the last year, currently sitting around 39%. What do you think the result on Bitcoin's "shine" will be if it drops down to under, say, 25%?