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Who else would never sell their Crypto for fiat until it actually becomes a global currency or is widely used to buy anything?

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by COINS NEWS 95 Views

We have all been talking out of how big of a HODLERS we all are here and there is probably no doubt around our dedication and conviction anymore as we have just survived hell of a bear market in 2022 without being shaken out like many other did. I would probably estimate that at leats 80% of this sub are long-term holders.

But we usually throw around this word of β€œlong-term holdersβ€œ, what does it actually mean? That is actually quite simple, anyone person to hold onto their assets for more than 6 months is seen as a long-term holder. Which for many may sound like a very short period but in reality does differentiate pretty well between short-term holders and long-term holders.

Now, what is the actual goal of long-term holders?

Just until we are in profits? That sounds way too small. Hold until we have made a 100x or more? That is more of a gamble now. I think the grand goal for many long-term holders may be to never sell their BTC for fiat and just directly use their BTC one day to buy the things they would have bought with fiat anyway. Maybe one day you will be able to buy at any grocery store, clothing store and food franchise just with BTC.

submitted by /u/partymsl
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