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RE: 😁 THE CONSEQUENCES OF HODLING 😁 . Everyone’s Talking About Blockchains But Hardly Anyone’s Using Them.
It's May 2018. Bitcoin's price has just crashed from USD $42,000 down to $29,000.
It's September 2018. Bitcoin crashes from $87,000 to $48,000.
It's January 2019. Bitcoin crashes from $105,000 to $63,000.
You think this dip is hard?You are right Just wait and hold..@melip
😁 . Totally agree!
LOL
And that my friend is probably the biggest reason why cryptos are miles from adoption as a real payment method. As long as the value of cryptos keep going up and down by 20-50% but generally keeps growing in value, nobody will ever want to spend them. They become an investment rather than a currency so everybody just hodls.