23% of People Will Never Sell Their Bitcoin
|Jakub Kraľovanský|source|749x
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23% of People Will Never Sell Their Bitcoin

Binance Lite conducted a survey on Twitter. The question was simple - At what price would you sell the majority of your bitcoin? Voters could choose between four answers: $50,000, $250,000, $1,000,000 and never. 4,391 people voted in total.



The results:


31% of all voters selected $1,000,000 dollars as the selling price
25% selected $50,000
$250,000 was the least popular answer, with 21%
What is most interesting, however, is that 23% of voters selected “never” as the answer.

One of the biggest questions in the crypto community is whether to trade the cryptocurrencies or to hold them. Trading cryptocurrencies can be relatively quickly profitable. The aim is to buy an asset at a low price and sell it when it’s high. However, this requires solid knowledge and experience in this field.

Holding cryptocurrencies without trading is the option. It means the person who has purchased cryptocurrencies expects the price to increase. Holding bitcoin has proven to bring profit for their owners throughout its existence. However, holding altcoins might not have ended up that well.

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