You can’t HODL forever. You seem to suggest buying to raise markets, yet never selling. If you never sell it does not matter what the price is, it’s an irrelevance.
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You can’t HODL forever. You seem to suggest buying to raise markets, yet never selling. If you never sell it does not matter what the price is, it’s an irrelevance.
Well, there is a third option, which is actually buying things with it. Using it as the 'digital cash' Satoshi designed it to be. In that case, its price is relevant, because you'll be buying things with an amount of crypto equivalent to the fiat price for the item.
It was designed to be a medium of exchange, so I feel that actually buying things with it is quite true to Satoshi's vision!
I agree but buyingbthings with it is not HODLing. For crypto to have any meaningful impact, people need to stop obsessing about the price and use it for what it was designed for. This will allow the decent coins etc to rise to the top (as they will actually get used) and the crap will die out