New survey says the majority of crypto users are bullish bitcoin and willing to hold it all the way down
Our good friend on crypto Twitter recently conducted a very interesting poll.
The poll surveyed whether people were bullish/bearish bitcoin/crypto.
Somewhat strange the way I just typed it above but it will make more sense when you see the poll...
Anyways, the vast majority of the 14k people polled were bitcoin/crypto bullish.
Check it out:
(Source:
)https://twitter.com/100trillionUSD/status/1308752147639607296/photo/1
- 100trillionUSD
The vast majority were bitcoin and crypto fans and bullish bitcoin, with the highest number being bitcoin fans and bullish bitcoin.
But wait, there's more...
The first part of the survey was probably pretty much what you might have expected to see on crypto twitter, but this second part is the really interesting part.
The second part of the poll asked people when they would consider selling bitcoin if the bull thesis doesn't play out over the next 2 years.
The results were somewhat surprising...
Check it out:
(Source:
)https://twitter.com/100trillionUSD/status/1308752147639607296/photo/2
- 100trillionUSD
Roughly 72% said they would HODL bitcoin all the way down to zero.
There is no stop loss, there is no bailing point, it's moon time or zero for the vast majority of respondents.
The second most popular choice was the $6k level, which makes a lot of sense looking at the charts.
This raises an interesting question though, where would you consider selling your bitcoin?
Are you HODLing it all the way down or do you have a line in the sand where you will bail?
For me personally, I have only invested what I am willing to lose so I will be HODLing all the way down, should it ever come to that.
I don't think it will, but you never know.
Stay informed my friends.
-Doc