Crypto whale issues chilling warning: Don't hold too long on Bitcoin, Ethereum, or XRP
But he also warned people not to just hold forever without taking some profits — enjoy the gains when they come. Innerdev said that in bull markets, Bitcoin can fall 30% and other altcoins can drop 50% — this is normal but risky, according to the report by Benzinga.
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Don't hold forever, take some gains
So, people should not just believe in crypto forever — they should also have a plan to manage risk and know when to take profits. He mentioned even popular coins and NFTs like Solana, Sui, and Pudgy Penguins are still very volatile, as per the reports.
He clearly said, "Take some profits on the way up" — use that money to do things that matter in real life. In another post on X, Innerdev said if you make money in crypto, use it to take care of your health, enjoy time with family, or have special life experiences, according to the report by Benzinga.
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He warned people not to become "bitter maxis", people who hold too long and never enjoy their money — instead, live a little while investing smartly, as per the reports.
ALSO READ:
Memecoin market rockets $17 billion in a month — Solana launchpad hype fuels the fire
What other experts are saying
Crypto Batman, another crypto analyst, said the Bitcoin-to-Gold ratio has broken out of a long-standing pattern — this is a strong bullish signal. He explained that the chart is now retesting resistance as support, which usually means the price could go way higher next, as stated by the reports.
Alex Wacy, a known crypto researcher, compared Bitcoin's current chart to gold's big breakout in 1979 — he said it looks "uncannily similar." Wacy believes Bitcoin might be repeating history and could soon have a huge parabolic rise just like gold did back then, as stated by Benzinga report.
FAQs
Q1. Should I hold Bitcoin for a long time?
Not always — experts say take profits at the right time and avoid holding forever.
Q2. Is Bitcoin still expected to grow?
Yes, it may grow 10x in the next 5–10 years, but with big ups and downs.
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