Why Bitcoin feels hard to hold. Bitcoin Tech Talk Issue #224
HODL! Or so goes the mantra for everyone during price dips. The meme is a tacit acknowledgement that there is a lot of volatility in Bitcoin and holding through the dips is difficult for most people. The idea of HODL is that iron tenacity and significant conviction is what is needed to weather the storm of the often violent downward spikes that are so common in Bitcoin.
For this newsletter, I want to flip that question around. Is it that Bitcoin is difficult to hold or is it that everything else is easy to hold? Is it possible that instead of Bitcoin being difficult, it’s other things that have been made too safe and convenient?