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Topic: A Confession: After 5 years of hodling, I finally sold (Read 453 times)

newbie
Activity: 28
Merit: 0
With the continuous improvement of blockchain technology, I think the price of bitcoin will also increase. It is not only a profitable currency, but also an idea worth preaching, because it can make you think of a lot
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks
..all the unnecessary shit I have so I could buy more bitcoin!

kthxbai.


PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.
Good for you. Sell all the shits you have (shitcoins in particular) so you can buy Bitcoin.

Congrats to those holders especially for those who bought Bitcoin in 2018 and in March 2020 where Bitcoin is at its lowest. You're the ones who are experiencing the most amount of profit as of now Smiley. As on my part, selling is never an option for me right now since I have a target year to hold my Bitcoins Smiley.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
It is not easy to hold the coins for more than 5 years.
5 years in holding isn't an easy thing to do honestly, and we can't make it if we are thinking that crypto investment gives us returns instantly. This simply burns us holding for that long and even 1-2years is already a big challenge for us, especially for impatient people.
That to say that not all have that kind of thinking, not all have the guts to hold for that long.

Congratulations to those holders who never miss this opportunity. The price is so crazy and the rewards of their long-long wait are very sweet.
I'm in early seller but still thankful that I'm still profiting.
It needs a big effort to hold that coin without knowing if that coin can make good movements or stay at a low price for more years. But as many of us already stay at the crypto world for at least more than 2 years, we should know that we do not need to hold a coin for a long time, except holding bitcoin, and we should sell the coin when the price reaches the highest price. I am sure we will have that opportunity to sell our coin at the highest price, but we need to be patient.
legendary
Activity: 2394
Merit: 1231
Leading Crypto Sports Betting & Casino Platform
It was really a tough one having such long patience to wait for so long up until Bitcoin undergo recovery and good thing all of the patience exerted have been paid off because the long wait and tight hold have all been worth it because of the current market situation that most of the tough holders have been benefited and gained their profit multiple times. Many people will say holding is just an easy way to gain profit but actually it is not because the temptation of selling your assets to fund out your needs on daily life is a very hand decision to be done. The idea of selling shitcoins to fund yourself on purchasing Bitcoin is also a good idea because instead of being useless, they become useful source of fund somehow to fund what is more beneficial which is to get along engaging with Bitcoin.
legendary
Activity: 1358
Merit: 1093
I never sold a fraction since 8 years. HODLER.
jr. member
Activity: 154
Merit: 1
I sold when BTC reached 39.5.
Profit x3.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
..all the unnecessary shit I have so I could buy more bitcoin!

kthxbai.


PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.



edit: apparently people are missing the joke

I will admit at very 1st i did not get your joke but now reading it again I appreciate you humor.

Happy for you OP and good job on collecting those cheap discounted bitcoins. 

I was able to get some at a discounted price too before this Bear run looks like it might be coming to a end.
full member
Activity: 224
Merit: 100
I also sold a bit of my holdings.. It felt gooood
sr. member
Activity: 485
Merit: 274
..all the unnecessary shit I have so I could buy more bitcoin!

kthxbai.


PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.



edit: apparently people are missing the joke

You mean all the ones who could have sold and brought back at a cheaper rate.  They deserve it.  Wink
hero member
Activity: 1498
Merit: 702
..all the unnecessary shit I have so I could buy more bitcoin!

kthxbai.


PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.



edit: apparently people are missing the joke

You had me for a second or two then haha.

Hope you are still genuinely HODLING though, I have been for 6 years now & still am. This year is going to be epic for bitcoin Smiley
Epic year we would be excited of, if Bitcoin at the end of 2021 have an all time high again, but corrections might have another thought for Bitcoin,  but for bitcoiners like your self must have seen many corrections, rising and free falling, but for -newbies- that have only known Bitcoin this exciting time don't regret if the price drop, less you regret why you did not hold after the dropped price picks on again.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
Anyway, good job sir, keep on hodling. I sold all my unnecessary shitcoins to get more bitcoin 2 years ago. Smiley
That means did you sell your alts at a loss, i am yet to convert some of the alt coins i am holding as i am looking for the perfect market to drop everything and i am not sure whether this is the right moment to hold everything in BTCitcoin, i might hold in my local currency valuation in the exchange till the next correction and will enter once again till the bull cycle starts again.
legendary
Activity: 3080
Merit: 1593
#1 VIP Crypto Casino
..all the unnecessary shit I have so I could buy more bitcoin!

kthxbai.


PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.



edit: apparently people are missing the joke

You had me for a second or two then haha.

Hope you are still genuinely HODLING though, I have been for 6 years now & still am. This year is going to be epic for bitcoin Smiley
hero member
Activity: 2128
Merit: 524
edit: apparently people are missing the joke

More like they're too lazy to read anything more than the title.

A typical spammer reads the thread, clicks, goes to the last page, either quotes one of the last posts or answers straight up. If the quoted post was done by another spammer you got yourself a spam chain  Cheesy

Anyway, good job sir, keep on hodling. I sold all my unnecessary shitcoins to get more bitcoin 2 years ago. Smiley
legendary
Activity: 1680
Merit: 1853
#SWGT CERTIK Audited
Congratulations, I think this is worth the effort and wait, the award has been more than wonderful for all those who have held Bitcoin from 2018 until now, I think this lesson should be used by everyone, I mean, after a short period of time Bitcoin will return to decline and then the opportunity will be very appropriate To hold Bitcoin again and wait the next four years until we get a bigger prize than this prize.
hero member
Activity: 3038
Merit: 969
www.Crypto.Games: Multiple coins, multiple games
I have the same opinion as well. Everyone is talking about a correction, because that's what happened to Bitcoin after it reached ATHs previously in 2013 and again in 2017. But current circumstances are different. Back then, the prices went up mostly as a result of hype and at the slightest trigger the users went for profit booking and that tanked the prices. But this time, there is a solid reason for the rally. On top of that, most of the purchases are being made by institutions and they are less susceptible to panic selling.
I agree. I doubt BTC will be able to stay in this price range for a long period though. In my opinion, it will probably drop back in the $30K - $35K range after a couple of months after which it will slowly start rising again steadily.

This drop will most likely not resemble the 2018 drop since there are many supporting factors this time around like COVID, PayPal, Institutional support etc.

Whatever the case, I don't see BTC returning to 4 figures anytime in the future unless something catastrophic happens.
full member
Activity: 966
Merit: 102
What a profitable joke if in case it happened in reality, 5 years of holding will take a lot of courage for sure especially at the time that we hit the bear season where the bitcoin price decreases pretty deep.

But if in case there are people who were able to hold for 5 years and was able to sell their asset at this time then I fully salute them as they are a true holders and a believer to the bitcoin capability. Cheers to all who investors who were able to profit in bitcoin investment.
legendary
Activity: 2114
Merit: 1292
There is trouble abrewing
PS to the hodlers who held through the 2018-2020 bear market, congratulations. you deserve it.

it would be very weird and possibly even naive to "hold" during 2018 and 2019 when the price was at its lowest! during these years people should have "bought" bitcoin instead of just holding.

it is like seeing the Christmas sale with a lot of discounts and avoiding any purchase until the special event ends and prices go back up then start buying at higher prices!
the day price fell below $10k i said "this is a discount" then again i told people that "below $6k is an ultra discount". now look where we are Cheesy
legendary
Activity: 3654
Merit: 1217
Well we might not see $27000 again, same as $40000 in the not too distant future.
There is talk of a "correction" but that might not happen until $80k or $120k.

I have the same opinion as well. Everyone is talking about a correction, because that's what happened to Bitcoin after it reached ATHs previously in 2013 and again in 2017. But current circumstances are different. Back then, the prices went up mostly as a result of hype and at the slightest trigger the users went for profit booking and that tanked the prices. But this time, there is a solid reason for the rally. On top of that, most of the purchases are being made by institutions and they are less susceptible to panic selling.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
How many altcoins are even really worth it, and how many can even last a year let alone 5 years, therefore I think if you sold your altcoins in order to have more Bitcoin, that it is a good decision. Also, on the other hand, there are every possiblity of missing out on Bitcoin at a point, maybe not buying on the right time, as one might thought and instead of waiting you can also buy good altcoins like Ethereum in order to participate in the bull run and later sell to get more Bitcoin. The thing is, many people uses different strategies to get more Bitcoin in their portfolio, some could be through trading, some through investing in new projects then selling to Bitcoin, some through selling shitcoins and so on, therefore in all, it is seen that Bitcoin is the most  valuable to hold at anytime, thus any of these decisions taken towards getting more is always a good one in my own opinion.
newbie
Activity: 93
Merit: 0
I will sell in this month too. I guys its right time to exit to at least rebuy it on lows
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