Currencies36740
Market Cap$ 2.43T-2.69%
24h Spot Volume$ 43.73B+20.8%
DominanceBTC56.41%+0.38%ETH10.06%-0.79%
ETH Gas0.10 Gwei
Cryptorank
/

The Psychology of the Bitcoin Wholecoiner: FOMO or HODL?


by CoinEdition

Share:

The Psychology of the Bitcoin Wholecoiner: FOMO or HODL?
  • Over one million wallet addresses hold more than one Bitcoin.
  • The number increased steadily amid Bitcoin’s volatility and price fluctuations.
  • An increasing number of BTC holders underlines the digital asset’s robustness.

The number of Bitcoin holders owning one or more whole Bitcoins has surpassed one million, according to analytics platform IntoTheBlock, demonstrating the growing mainstream acceptance of Bitcoin.

A data chart attached to IntoTheBlock’s post illustrated that exactly 1,010,777 addresses hold more than one Bitcoin as of the time of the post. The chart also reflected the growing trend of whole Bitcoin holders, showing how the number has increased over the years despite Bitcoin’s volatility and significant price fluctuations.

An examination of the long-term Bitcoin accumulation trend reveals a steady rise in the number of addresses holding Bitcoin. Notably, the …

The post The Psychology of the Bitcoin Wholecoiner: FOMO or HODL? appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 68.70K

-2.42%

$ 0.0108

-5.39%

$ 0.00...361

$ 0.0000249


Share:

In This News

Coins

$ 68.70K

-2.42%

$ 0.0108

-5.39%

$ 0.00...361

$ 0.0000249


Share:

Read More

Bitcoin mining difficulty drops by most since 2021 as miners capitulate

Bitcoin mining difficulty drops by most since 2021 as miners capitulate

Miners are facing significant challenges, with bitcoin revenue per petahash falling b...
Arthur Hayes Reveals Key Reason For Bitcoin’s Decline As Banks And BlackRock Come Under Fire

Arthur Hayes Reveals Key Reason For Bitcoin’s Decline As Banks And BlackRock Come Under Fire

BitMEX co-founder Arthur Hayes has pointed fingers at large US banks for Bitcoin’s re...

The Psychology of the Bitcoin Wholecoiner: FOMO or HODL?


by CoinEdition

Share:

The Psychology of the Bitcoin Wholecoiner: FOMO or HODL?
  • Over one million wallet addresses hold more than one Bitcoin.
  • The number increased steadily amid Bitcoin’s volatility and price fluctuations.
  • An increasing number of BTC holders underlines the digital asset’s robustness.

The number of Bitcoin holders owning one or more whole Bitcoins has surpassed one million, according to analytics platform IntoTheBlock, demonstrating the growing mainstream acceptance of Bitcoin.

A data chart attached to IntoTheBlock’s post illustrated that exactly 1,010,777 addresses hold more than one Bitcoin as of the time of the post. The chart also reflected the growing trend of whole Bitcoin holders, showing how the number has increased over the years despite Bitcoin’s volatility and significant price fluctuations.

An examination of the long-term Bitcoin accumulation trend reveals a steady rise in the number of addresses holding Bitcoin. Notably, the …

The post The Psychology of the Bitcoin Wholecoiner: FOMO or HODL? appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 68.70K

-2.42%

$ 0.0108

-5.39%

$ 0.00...361

$ 0.0000249


Share:

In This News

Coins

$ 68.70K

-2.42%

$ 0.0108

-5.39%

$ 0.00...361

$ 0.0000249


Share:

Read More

Bitcoin mining difficulty drops by most since 2021 as miners capitulate

Bitcoin mining difficulty drops by most since 2021 as miners capitulate

Miners are facing significant challenges, with bitcoin revenue per petahash falling b...
Arthur Hayes Reveals Key Reason For Bitcoin’s Decline As Banks And BlackRock Come Under Fire

Arthur Hayes Reveals Key Reason For Bitcoin’s Decline As Banks And BlackRock Come Under Fire

BitMEX co-founder Arthur Hayes has pointed fingers at large US banks for Bitcoin’s re...