Lens1000
VIP Contributor
Plagiarized warning
According to a new study, the majority of long-term Bitcoin investors prefer to keep the coin in their wallet. These BTCs have been spotted in use for decades. This indicates that the owners intended to keep the items for a long period.
The number of wallets that were last active more than 10 years ago, i.e. in 2012 and before, has increased dramatically, with Bitcoin kept in them reaching an all-time high of 2,386,849.127 coins.
We may say that these BTCs were purchased for less than $100 over that time period, and you can see the profit they made. Satoshi Nakamoto, the enigmatic Bitcoin founder, was still active at the time, conversing with developers on forums and over e-mail.
Many Bitcoin investors have stated that they will never sell their holdings. Because many Wall Street corporations and wealthy individuals got on the BTC's progressive track, digital assets have seen huge development.
Long-term holders are referred to as "diamond hands" in the crypto industry because they retain their coins tightly.
On the other hand, so-called "paper hands," or inexperienced investors who come into crypto to make a quick buck or who are terrified of the FUD, continue to dump their Bitcoin holdings.
What is your contribution on this?
The number of wallets that were last active more than 10 years ago, i.e. in 2012 and before, has increased dramatically, with Bitcoin kept in them reaching an all-time high of 2,386,849.127 coins.
We may say that these BTCs were purchased for less than $100 over that time period, and you can see the profit they made. Satoshi Nakamoto, the enigmatic Bitcoin founder, was still active at the time, conversing with developers on forums and over e-mail.
Many Bitcoin investors have stated that they will never sell their holdings. Because many Wall Street corporations and wealthy individuals got on the BTC's progressive track, digital assets have seen huge development.
Long-term holders are referred to as "diamond hands" in the crypto industry because they retain their coins tightly.
On the other hand, so-called "paper hands," or inexperienced investors who come into crypto to make a quick buck or who are terrified of the FUD, continue to dump their Bitcoin holdings.
What is your contribution on this?
