The post Why Holding Bitcoin Feels 90% Like Hell And 10% Like Heaven appeared on BitcoinEthereumNews.com.

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Bitcoin’s price saw a wild swing last week, briefly rising above $111,800 on May 23 before dropping to $109,600 today. Despite the sudden dip, the world’s largest cryptocurrency ended the week near $110,000, trading at $109,770 at last check. While short-term volatility continues to rattle some nerves, a growing number of investors and analysts are focusing on Bitcoin’s bigger picture. Related Reading Frustration And Patience Seem To Go Hand In Hand Thomas Fahrer, co-founder of Apollo, has been vocal about the emotional side of owning Bitcoin. According to him, holding Bitcoin is often frustrating—about 90% of the time, he said. But he believes it pays off for those who stick around. Fahrer shared a price chart stretching from 2011 to a projection for 2031, using a curved trendline on a logarithmic scale to show Bitcoin’s consistent upward pattern over time. Several moments stood out on the chart. In 2015, Bitcoin crashed to around $212. In 2020, it found support near $5,000. And in 2022, after reaching a peak above $67,000 the year before, it fell to around $16,000. But through all the noise, Fahrer says Bitcoin has followed its long-term curve. Holding Bitcoin means getting rich while feeling frustrated 90% of the time. Deflationary money – designed to increase in value – forever. It’s difficult for the human mind to comprehend. Most still don’t get it. pic.twitter.com/d604FyoQn3 — Thomas Fahrer (@thomas_fahrer) May 25, 2025 A Deflationary Design That’s Hard…

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Filed under: News - @ May 27, 2025 4:27 pm