08 Jun Bitcoin Investor Expectations Shift From Holding to Short-term Gains
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Stigmas and prejudices exist in the Bitcoin industry. Most people assume this new form of money is something owned only by younger people. Moreover, there is a growing focus on quick flips and even quicker gains. A paradigm shift is taking place in terms of who owns Bitcoin, albeit that doesn’t have to be a bad thing per se.
The Bitcoin Hodlers Still Exist
There are many different reasons why Bitcoin isn’t a major payment method yet. A lot of early investors are still holding on to their Bitcoin balance in the hopes of seeing the value going up. Late last year, such a major price spike occurred, which caused all kinds of consequences. For the Bitcoin holders, it was a validation of their strategy working first and foremost.
At the same time, the Bitcoin price has taken a massive dip throughout early 2018. For the average Bitcoin holder, that is not a positive development. There’s still a very good chance a new Bitcoin all-time high will be reached later this year or in 2019. Not…
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