Going to Sleep mode for 2 years....

The ecstasy of thinking about the future is astounding! At current situation of the crypto market the urge to sell off crypto in this bloodbath is irresistible. The feeling is somehow similar to , "something is better than nothing"! When your portfolio is going nutzz, it is difficult to be sane and take a rational decision from that particular perspective. Luckily when you have seen few winters of crypto, you get to witness a different feeling than most of the newbies.

Is this bloodbath an opportunity?

Clearly the crypto market has lost billions if not trillion over the past few days. Resulting BTC almost reaching the value of 20k as it was predicted by many veterans. Altcoins followed the path and have come down to that extent where people may as well grab some cheap coins of which they favor. If only people/veterans could say this with confidence, "This is the bottom!" it would have been a large favor for many of us out there. So just a prediction can be made about the current market. Hence allowing yourself to realize that, this is it! I am getting the opportunity of a life time for myself. I am going to make the full use of this downtrend and make the decision for myself. I AM GOING INTO HODL MODE FOR THE NEXT TWO YEARS!

HODL

Why this idea? From my point of view, there are few reasons why I choose two years.

This current market is for traders : Future traders are probably using this opportunity of a life time and making thousands in this bloodbath. Since the market is acting bit weird way and for myself to keep an eye on all the time, I would rather go into HODL mode in this current price.

May 2024 : The next BTC halving! History has its course. It is seen how BTC rallies while the halving nears, there might be a chance for the market to get back its glory during that period. This might be a fluke but many veterans are eyeing that time frame. Which is why smart accumulation is going on at this downtrend.

IF YOU CAN'T HODL, YOU WON'T BE RICH : I was having a conversation with one of my friend yesterday. He was taking a reference from me about which coin he should buy and hodl. I was curious myself as he just came into crypto and he was thinking of hodling coins. I suggested him a 2k portfolio (as it was his free money and wont need it for years) and if everything goes well he definitely will be in profit after a year or two. Which make me think of creating my portfolio for the next two years to HODL.

Going to Sleep mode for 2 years!!

As I said above, the above reasons are quite satisfactory for myself to hodl some cheap rate coins for the next two years. Some inspiring stories as well hit me quite hard. A user (Youtuber) shared his part of the story with me. Where he was hodling few coins for approx 3 years. In the last pump he sold them for almost 10 times than his bought price. A lesson learned lol. Tbh everyone should hodl few coins for long term and forget them for atleast two or three years. This could be the retirement asset that you are looking for. Nothing is certain! As from my pov it is better to keep some asset in crypto rather than holding fiat money in the bank. As compared to inflation you will get caught up in the dilemma and end up loosing money. I am in this time and lets see how it turns out to be in the next couple of years. Just a heads up, this is just my personal opinion! Do not consider it as a financial advice!

Best regards

Rehan

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