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❕NEWS Most people are looking at the long run

AudraMiller

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When it comes to the analysis of a cryptocurrency it is very important to know how much of that currency is in circulation and is being traded on a daily basis and how much of it is just being kept aside and HODLed for the future profits that it could rake in. If you are invested in the right coin, holding it for a long period of time can be the best way to secure yourself a profit and one such coin like this is Bitcoin. In a recent news article it seems that over 80% of the bitcoin supply that has already been mined, is actually being kept and holded for the long period, and therefore this bitcoin is unlikely to have an impact on the market now. However, is this a concern for when these people do decide to mobilize their bitcoin and make sales? Could it cause a massive drop?
 
Well it can but the best thing actually is that Bitcoin will eventually cross hurdles and will soon reach new all time high that's what I believe in to be honest in my opinion
 
No one knows when they are going to sell the Bitcoin ,there could just be gradual sell off and it won't even affect the market that much ,as it will be different
 
Well it can but the best thing actually is that Bitcoin will eventually cross hurdles and will soon reach new all time high that's what I believe in to be honest in my opinion
I do agree with you as well and i think that as more countries start to adopt and accept this currency into their infrastructure that the higher demand will drive the price up as well.
 
Agrees past analysis show that October always have made btc spiked up so it's best time to hold actually at the moment in my opinion
 
I'm not really planning to sell off my Bitcoin anytime soon. The idea of taking profit in some cases doesn't just interest me even if reaches new ATH.
 
Well yeah deflationary coins like bitcoin should be look at on the long run and not at the short run, short runs should be with inflationary coins like dogecoin and others
 
Almost all coins were in profit tomorrow but ltc was down so its always behaves different to Bitcoin , bch and the ethereum group to be honest
 
Yes because going longer is the solution to have nice profit in a decent amount of time to be honest the best and foremost result possible in a situation is that most of the people who are doing the trading are actually in profits and want the same for the users which is uncommon to be honest in my opinion .
 
Bitcoin is expected to reach 1 million dollar when all the bitcoin have been mined. So people have been hodling there bitcoin till that time will come. There are some that have been tajen bitcoin as a daily contribution and this have grown there bitcoin. So by the time the price is there, they would have made lots of profits by then.
 

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