Topic: Bitcoin HODL: what happens to Bitcoin holders during impressive price increase? (Read 439 times)

Selling seems to happen but I wasn't surprised because not all can wait for the ATH, some will take the chance. But for me, it was not wrong as we all have different market preferences and targets, at least we make a profit which is the most important. Some are selling half of their investment while keeping the other half reserved for another pump. Some had also sold 100% and waited for the corrections to buy again. It is actually it depends on our strategies and market plays and at the end of the day, we all have one common goal and that is to make a profit.

A good profit can be made in Bitcoin only if it is held after buying it at a good price. When the Halving time is near, I think it is not a good decision to sell Bitcoin even if you are making a profit. After the halving, the price of Bitcoin is sure to rise, but the issue of ETF is happening for the first time. So in case of approval it can have a very positive impact but if it is delayed or rejected it can also have a negative impact on the market. However, the chance of rejection is very low.

As for selling or holding it after these two events have a positive effect, I don't think the majority of people would sell. However, it also depends on the buying price of Bitcoin. People who have bought bitcoin below $20k can definitely sell it if they get a good profit. Those who are buying now will definitely prefer to hold. Greed is a natural thing, whenever you see a profit, you want to sell, so greed can be a big factor in this case.

Indeed we also find some traders in the bitcoin network. When the market is close to attaining to a good hight In price they buy, and when they are a bit satisfied with the profits they get, they hit the sell button. So yeah, we will definitely find some person who would sell to make profits. However from my own decisions concerning the bull, I'll keep holding no matter the bear run after the bulls. Because the price of Bitcoin had an up movement direction. So no matter the bear season, majority of the trend would always be a bull run.

Yep, nothing beats a HODLing person.

People like you and me that are holding for so long have one goal and that's to attain a larger profit and future gains. Small gains are fine but there's more when you go long term and the potential profit you can make is higher than that.

But it has a factor of being patient and not everyone of us can be patient as what we've been doing for so long. It requires not just several months of patience but can go more than a year or could go to years.

There is always a point in time where we have to sell our investment despite holding it for a long term except with the intention of keeping it for our children. Holding Bitcoin for a longer time will give higher profits than just for a short term, those who invest in short term are those who just want little profits from their capital investment and they are the ones who panic the most and sell off when not due.

If that question is for me, I keep holding until the ATH comes and sells but talking to others, can't hold their temptation as it is possible that they fall into that (selling), especially for newbies and inexperienced investors. It was still difficult to assume that everyone kept holing until its peak as for sure some couldn't bear the situation when seeing the price is already double from their buying price. However, given the fact that they are earning already, selling wasn't a bad idea, at least they didn't have a reason to regret if ever the price went too high.

I think the pump will be enormous! I share the opinion with those people who think that the previous 4 year Bitcoin cycle was ruined. There was a premature pump, then dump and later second top. So, to compensate for that poor performance this cycle is going to be super powerful and will go parabolic. ETF is just one of the factors which will propel Bitcoin to new highs. Not sure about long-term but shirt-term definitely!

That will vary since everyone has a target price at which they would like to sell their Bitcoin holdings. In my case, I considered selling when the price of bitcoin surpassed the previous all-time high. Therefore, I would think about selling my bitcoin holdings if the planned Bitcoin ETF is approved by next year and drives the price of bitcoin above $65k–$100k. But if the bitcoin ETF is not approved, consider me to hodl till 2025 because that's when I believe that bitcoin can give a possible ATH.

I don't think these plans of mine will be the same as anyone else's because everyone has various goals and plans towards their bitcoin investment.

To begin with, I must say I love the way you structured your thread. From the introduction to your question was captivating to read, you didn't say anything out of the ordinary but from reading it, it shows you weren't just typing but genuinely asking a question. This is a very personal question so I can't speak for others but I'll speak for myself. My investment in Bitcoin has nothing to do with what's happening in 2024. The focus is for the future, my investment are for 10 and above years to come.

If I was even investing for the near future it would be for when the market gets to its highest height in the current bull market and not for whatever is going to happen in 2024 that's not my concerned. I don't see any temptation that can make me to sell my Bitcoin prematurely that isn't the price/time I intended to sell. I'm not trading so I'm not interested in selling to rebuy instead the more I have more spare money the more Bitcoin I'll keep buying.

We are always concerned about the positive side of things (that's you sell and get an opportunities to buy when the price is lower than the price you sold) but have you considered scenario that things don't go as you planned. Bitcoin can have a correction but immediately rebounce and the price soar beyond our imagination. I believe the next bull market peak will be astonishing.

I guess no matter how you've been hodling bitcoin in all your life, once you need money in a rush, you will certainly get tempted to sell early due to highly impressive and expensive price. That's the weakness of all hodlers that we really can't avoid, we can't stop them from selling early especially if it means there will be huge profits after selling. It's certainly an individual's choice, if he decides to stick to long term hodling or if he will sell early because he's in need of current money and profits.

While it's best to continue to hold until the real bull market appears, but sometimes we have to take different choice not because we are hunger for early profits, but because health is more valuable than money, regardless of its amount.

The majority of the holders will continue holding their Bitcoin holdings for long term but a few weak hand members might sell off their holdings when the price gets to high values. The long term holders don't really care much about the sentiments of the market because they believe in HODL formula and that means they will keep holding their Bitcoin until they get retired or at least for 1-3 decades.

If we closely observe the price of Bitcoin then surely it's getting at higher values each day. The price will grow overtime and many weak hand people will sell off their holdings in hopes that they might purchase again when the price gets another dip. I think there's a huge group of such users who will sell off their holdings when price gets highers and may wait many months to see another dip to accumulate more.

This is a question that I believe will require individual answers, as I believe that, those of us who are holding bitcoin have our different reasons for holding, even though I personally believe that majority are buying and holding for future profits.

So, if for example, some one who is holding for future profit, price of bitcoin rises and he or she did not sell to make the profit, then what is or was the essence of him or her holding in the first place?

Nothing is wrong for you to decide to sell your bitcoin when the price becomes massively high, take profit, and then possibly buy it back when the price becomes cheaper after the bull run is over.

There are some people who prefer to hold Bitcoin for a long period of time.  There are also people who buy Bitcoin and get disappointed when the price of Bitcoin falls.  Then they unknowingly sell bitcoins at a loss.  must read  If you want to make a profit by investing in Bitcoin, you need to wait a long time for the Bitcoin market to improve, then you can make a profit by investing in Bitcoin.

Mate if this eventually happens many bitcoin holdlers may be tempted to sell because we are taking about money making here, is not everybody that can without price increase without being moved, actually many hodler are not in a haste to sell but when the price soars to it highest point I think they will decide to sell small amount not all, another thing you need to know is that, the purpose of hodling is to wait for profit period, so that one can sell and make use of the money for either investing in other things to make more money or using the money to solve personal problems.

Absolutely, your approach makes sense. Balancing profit-taking with long-term holding aligns with individual financial goals. It's crucial to consider both the potential gains and personal circumstances when deciding whether to sell or hodl. Also, assessing your risk tolerance and having a clear strategy for your investments can help guide your decision-making process. It's a dynamic balance between seizing opportunities for profit and staying true to your overall financial plan.

Merry Christmas also matey. may you have celebrated the festive with Joy and happiness .


We have seen ATH breaking for how many times now and yes this shows how and why HODL completely aren't making its way now because what we are having nowadays are Holders that only waiting for a certain price to sell out and wait for another dumping so they can buy again in lowest price.

meaning HODLers nowadays are just few comparing to those who are Buying Low and selling High .

If you want to stay calm in the market, just HODL. Don't go for small gains because the future of the market is unpredictable. Imagine the worst-case scenario: prices keep rising constantly, and HODLing is the best choice. Any predictions can't be a reliable guide. As long as the yearly BTC chart suggests an upward trend, I recommend just HODLing.

But it really depends on each individual since I believe everyone has different strategies. So, neither I nor you can set absolute rules for everyone. There are no bosses or subordinates in the trading world, so every decision is truly one's own responsibility.

I must be in a smaller minority than I originally thought.  A lot of posts talking about selling if bitcoin gets to 'x' price.  I'm not an OG, but I've been through 2 bull and 2 bear markets.  I won't sell.  Why would I sell?  Nothing is a better vehicle for my investment than bitcoin.  Sure, I know some will sell if they need money, and that's fine.  But even if bitcoin gets to 1mm per coin, I wouldn't get rid of my bitcoin.  It just doesn't make sense to me.  I'm old now (50yrs old), and this is the best discovery I've seen in my lifetime.  Right up there with TCP/IP.

it all depends on the price situation. because those who invest in Bitcoin have already made plans for when and at the right price they will sell Bitcoin at a profit.
some may sell when the target price is reached according to plan. but some may still hold when their plans are for a longer time frame. this won't be easy to do if Bitcoin manages to pump high. but what is expected is that transaction fees will return to normal.

Make no mistake, I'm willing to keep my Bitcoin if only those things that I need to buy are priced in Bitcoin. But they're not, so I have no choice but to convert to fiat first. If they are priced in Bitcoin, I'd rather buy them all with Bitcoin. I'm convinced that if the prices of goods and services are denominated in Bitcoin, they are going down rather than up.

Bitcoin is an investment, yes, but we're probably missing the point if we're just using it to increase our fiat.

A lot would be actually tempting to sell because of the impressive price. Most especially for those who are badly needing money since they only have bitcoin investment, then they have no choice but to sell early. However, as long as you sell not at loss, that would always be a good decision to sell. But most likely for those who have other sources of income aside from bitcoin, they will just ignore the current impressive price but will continue to hold more as they are looking forward for a new all time high for bitcoin, that will enable them to sell at a much higher and impressive price.

Bitcoin hodling is proven to be a highly profitable activity for bitcoin. But it never means that you will just hold your coins forever because you're in for a bigger rewards. You need to sell as well at some point so you can enjoy your profits every now and then. Not a requirement but a wise decision to take.

OP, there are two reputable members on this forum, and from the way they talk, I know they have a large sum of bitcoin in their wallet, which has been sitting there for so many years now, yet they have not sold.

I cannot find those posts again, but one of those members once said that what will make him feel tempted to sell some fractions of his Bitcoin is if he sees a very tempting prize, and from that statement, he was not going to sell some fractions if Bitcoin is still sitting around $100k; it probably should be when Bitcoin surges to $400k suddenly, then he will sellsell just some fractions.

The other user said that if he sells off his holdings, there is no current project to do with the huge sum of money that he will realize.

One of these two users also said that they basically believe that the price of Bitcoin will climb to new all-time highs, so there is no need to rush and sell off.

@OP, every bitcoin holder has a purpose and goal for the bitcoin they are holding, and if there is anything that will require them to sell their bitcoin and take profit, they will not hesitate to sell off. Every Bitcoin holder here can only speak for themselves on how they want to go about their Bitcoin investment and when and why they want to sell off during the bull market, but what you must know is that not all holders will sell their coins during this coming bull market. Some people have been holding their bitcoins for more than 8 years, and they did not sell off during the past bull market.

There's no wrong if you decide to sell some of your coins and continue hodling on the rest. Selling in profits is what matters here. But it also depends on the amount of profits you'll be able to gain. If the amount won't meet my expectation, then I  prefer to continue holding where massive amount of profits is waiting ahead. Also, if you are not in need of funds right now, better not to sell and focus on hodling them.

However, we also have different mindset when it comes to selling bitcoin, and one's financial condition may differ from the other. So if you decide to sell because you needed instant cash, then that will never be a wrong decision. Your investment, your rules.

I guess, any investor should have that kind of mantra as putting all eggs in one basket can be very dangerous to your investments.
And if you have the chance to sell some, then sell some. At least get some profits from it.
You are here in this market to gain, not to lose. So as much as possible, exhaust such potential of gaining profits.

I've held bitcoin for the last 9 years and here's my take.
Negative scenarios:
It goes down by ~$10k due to some FUD. -do nothing. I'll keep waiting, adding a few bucks from the sig campaign to my stash.
It goes down heavy to ~$25k. Chances for that are low but so were chances of a crash during the pandemic and we got that. I'll use some of my emergency fiat money to buy a bit, but that's going to be less than 10k worth since I'm low on fiat at the moment.

Neutral scenario:
We'll stay between $40k and 50k. Again I'll do nothing and keep waiting for a real bull market to start. At this price if I need to urgently buy something, I'll do it, but I won't spend more than 1% of my bitcoin.

Positive scenarios:
Bitcoin goes to the last ATH so around $70k. I'll sell a little bit to celebrate, like I always do when we hit an important level. Maybe I'll buy gifts for my family, maybe pay for holidays.
We reach a new high at or above $100k I'll spend 10% of my coins to buy the things I need and continue to hold the rest.

I have already lived through two bull markets, and during my first one I didn't sell a single Satoshi because I didn't believe that the ATH is an ATH, I thought there's still a lot more steam left, so when the bear market started I just kept hodling. But on my second time I was selling as the price was growing and had an average sell price of $50K - I sold enough coins to achieve an important goal and I don't regret it. This bull market I will again sell coins and use the profits to invest in other assets, because keeping all eggs in one basket is never a good idea. And if Bitcoin will one day be worth $1 million I won't regret selling it before that, because I'm not greedy and don't really need so much money to live comfortably - I'd rather take the maybe smaller profit instead of risking it all for more.

Bitcoin investors has their own different views about the purpose of them holding a bitcoin. I believe that majority of bitcoin holders is for profit, those who will sell on the bull market for their desired profit. Though there are people who will hold and wouldn't want to sell their bitcoin even if they face a tempting amount of profit. I know that there are members here who holds their bitcoin for years now, 2 bull market at least without selling all of their bitcoins as I've read it from their post in other topics. It's quite a strong faith given that they also experienced at least 2 bull market but they keep their calm and still holds.

If I face a good opportunity to sell a bitcoin at a very good price, I would take it since I am after the profit because I want to roll it to buy more bitcoin again at lower prices. I want to make my money move.

It is no doubt that many are going to sell and will just leave the market and they're good for having a great run on this market. Are you just gathering some opinion whether you'll do the same or not?

Do what makes you satisfied on this market. If you've made such decent gains, don't forget to take profits whether you'll buy back again or not then just don't forget about yourself and your main goal for investing.

And that's all about making a profit and you can always buy back and get back on this market but you'll never know if the price is gonna be higher by that time.

Bitcoin halving will happen for sure, but the ETF approval, while considered likely, it still something undecided. While an event of ETF approval can boost the price even further, in my opinion, halving doesn't automatically lead to a higher price. I expect 2024 to be a good year for Bitcoin, perhaps a year of gradual growth with occasional setbacks caused by something we can't predict right now (like a crash of an exchange, introduction of some regulations by countries with high crypto usage, etc.).
As for hodling vs selling, it's not a dilemma to me because you can always keep some and sell some.

So there is only 1 guaranteed event in 2024 that is the halving the other event you
mentioned is a decision by the SEC, its result is not guaranteed.


Lots of permutations could happen in 2024, and they will happen throughout the year,

Long term Hodlers might take profits
Long term Hodlers might continue to Hodl.
Long term Hodlers might take profits to buy back later

It varies from person to person. When the price goes up, people will find opportunities to take profit from the investment. Some have certain target point in which they want to sell and others have no actual target price and they just want to take whatever they can as a profit. Those who will reach the target, they will sell and those who doesn't and are strong hodlers, they will keep on holding or sell some of their holding for profit making.

But you cannot say for sure that everyone is going to sell. Once people start to sell, the price will decrease as well. Many will miss the opportunity while on the other hand many will be at a profit. So in conclusion, most of them will sell and reinvest during next price dump and continue on hodling. Some of them will miss the opportunity and if they want they will continue on hodling.

This will depend on the holder of the coin. For some people that feel like it is just the beginning of good happenings in the bitcoin market for that year and expect more positive happenings in the future when they hold on to bitcoin, they will not be tempted to sell but will love to continue holding and accumulating more. For some newbie holders who are scared of the market and have gained some significant profits at that time, they will quickly sell in fear of the market not to experience a downturn any moment.

It's true that we can't continue to hodle our  Bitcoin for eternity, there must come a time when we'd have to reap the fruit of our labor, to at least enjoy part of our ROI. What is the essence of working hard to be able to earn, deprive ourselves of certain luxuries in order to accumulate enough Bitcoin and hodle it on a long term as investment, if not to one day cash in when we feel that we've gained enough profits. For someone like me, if my Bitcoin investment reaches to a certain level where I feel like my ROI has multiplied enough, I'll just be selling a percentage of it in every bull run, and leave a greater percentage plus whatever I can add to it to keep accruing.

If the Bitcoin spot ETF and halving boost prices, would HODLers hold or sell? To be honest, humans want money. Even ardent believers may sell after huge profits. HODL is an established technique, but its not immune to sudden, large gains.

Please examine the long-term vision. Bitcoin revolutionises financial sovereignty. Short-term gains are tempting, but Bitcoin's actual value is in redefining wealth storage and transfer. We should promote this paradigm shift, not just price rises.

What do I expect? A mix. Some will benefit, but others will HODL because they believe in Bitcoin's transformative ability. They believe in Bitcoin's financial revolution, not simply its value.

If we talk about HODL BTC then we can get BTC through the money we spend or through income from campaigns. I think most members here get BTC from the campaign and of course most members only get money from the campaign to buy their daily needs. So I agree with your statement that we should practice holding your BTC as much as possible. I am also a HODLer who gets BTC from campaigns or with DCA but the problem for me is that maybe I can't get 1 BTC until the halving moment.

It's possible mate. You can quote all of them in one reply and share your thoughts. No need to respond to each one separately. Your discussion is interesting, and more people will likely join soon. If you have questions, just quote them in a single post for clarity.

I don't think it will be a price lure since those who have invested in Bitcoin must have invested in Bitcoin for profit. If the value of Bitcoin rises in events like Bitcoin ETF and halving, then long-term holders of Bitcoins will have a personal decision whether to hold or not. But I guess some people might consider selling only a part of Bitcoin to meet the demand and holding the rest for long term. But as much as I hold my bitcoins, I plan to hold bitcoins for another two to three years.

It depends on each investor's plans and what is happening with the market. If the price immediately increases high and makes a new ATH, many investors will sell their Bitcoin. But if the price declined sharply, many investors would still hold their Bitcoin.

And if the rising Bitcoin price is investors' target selling price, they will sell it to take advantage. However, some investors still hold Bitcoin for the longer term, especially those with a lot of Bitcoin. They may sell some Bitcoins to enjoy the profits and hold the remaining Bitcoins for a longer term.

And if it were me, if I saw the price hit, say $200k, I would sell most of the Bitcoin. After that, I will prepare some money to buy back the Bitcoin at a low price. You should make a plan to deal with all the possibilities that could happen later.

Buying Bitcoin for the long term and holding Bitcoin for the long term is a big decision for an investor to make and hold their investment. It is easy to invest but not so easy to hold the investment. You have some amount of money you can invest easily with some amount of money but you can't hold your investment for a long time if you want. Holding one's investment for a long period of time has many challenges and only those who can face all kinds of challenges can hold one's investment in the end. In order to hold the investment for a long time, one must first strengthen oneself mentally, when an investor can make himself mentally strong, he will go a long way in holding his investment for a long time.

Lol. @rat03gopoh, I really appreciate the sincerity and the joke part.

@philipma1957, Thanks for your reply. So, does this mean that the amount used to buy and the profit made are basically what determine the number of Bitcoin to sell?.

You've raised an excellent point and question, mate. Often, you hear a lot of Bitcoiners talking about "hodl," which means holding onto your Bitcoins for a long time to make profits. I had the same question when I was a newbie, when is the right time to sell and not just keep holding?

The answer is quite straightforward. the profits you make from Bitcoin depend on how much you've invested over the long run. that's why it's recommended to invest funds that you won't need for a while when dealing with smaller amounts. It's generally advised not to invest in Bitcoin if you rely on it as your main source of income. This helps prevent you from selling your holdings prematurely without maximizing your profits.
So, when should you withdraw your profits? It all depends on how much and how significantly your initial investment has grown over the years. With the upcoming bull market, you might see many investors selling off their profits to meet their financial needs.

Deciding whether to sell or hodl involves considering factors like your financial goals, how much risk you're comfortable with, and the overall mood of the market. It's also necessary to remember why you first invested in Bitcoin  whether it was for quick gains or a belief in its long-term value as a reliable asset.

This honestly is a very challenging question, this is also one way of telling those who think hodling is an easy one when it's actually not really.
I'm quite sure when bitcoin hits another ATH a lot of hodlers will get tempted into selling their bags most especially when bitcoin finally hits the six digit mark, that will make everyone crazy that it will make things hard to continue holding. I know there are still some who will continue their hodling journey until such time when they finally decide to retire from the job or the business that they're running, but I guess majority is resorting to sell at the ATH and buy back during the sharpest correction.
As for me, If bitcoin reaches another height and doesn't satisfy me, then I'd continue holding as well as DCAing as I am aiming to harvest everything as a part of my retirement plan. That's the original plan, but when things gets too attractive, I wouldn't guarantee I'm still holding on to the original plan LOL!

It definitely depends on the holder’s goals most of us have invested with a certain profit in mind if those who think they have made enough good profit and they already need the money for something then they might pull their investment out already however me personally i would keep on holding and might even buy more in the future

I might do the DCA method as i am not yet capable of buying huge amount of bitcoin all at once but i still want to buy more coins

If you look at those charts which shows the amount of old UTXO you will see that during a strong bull market they usually sell very early. And during market panic they also seem to be active.

I am talking about those that haven’t moved their coins in 2,5,10 years or so. They usually sell at the worst time. Hence best not to pay any attention to this indicator.

If you check the price of bitcoin from the past, you will know that there are times that are just bear market. If there would be bear market that will override the bull market, that would be in 2026. That is the time many bitcoin holders will sell after making several profits. Although some holders will not sell all their coins.

Ultimately I will spend if it reached my ATH prices target, I can't do anything else to enjoy it except exchange to cash(bitcoin is not allowed as a means of payment). At that point I probably would have said, "fuck HODL, let me just start over next bear season".

You should have a plan for when you let some go. Because I thought about releasing some BTC when ATH occurred. There's a price target I want to hit, and I'll let go of that much. The reason is because I will try to buy again when a deep correction occurs. Indeed, the temptation of price is always there. Mentality and discipline are the keys to success for a holder. So we have to know when to let go. Because I read a lot of traders who can buy low prices but don't have a selling target.

You will not get the same answer from all hodlers because every investor has their peculiar plans. Some have made a lot of profit and will want to cash out to take care of some needs, while others might want to keep the coin until another halving period.

Me, I am new in the buy Bitcoin space and this is my first halving but I have read that the bull run will happen sometime in early 2025. Which means I have to wait for another year to make my decision. I have a dream of diversifying my sources of income by starting a business. Which entails that I might consider selling the little I have to invest in a business. I believe that Bitcoin price will keep going high, so I still have plans to buy Bitcoin with the profits I will make from my business.

This depends on each investor, no two people are the same because each person will have a different plan and goal. There will be some people who will be tempted to see a spike in bitcoin prices and sell early, but there will also be those who will stick to their original plan and will only sell when their goal is achieved.

Personally, even though my investment is making a decent profit, my goal is to sell during the upcoming bull season, not now. So if bitcoin hits $50k that's not my goal either, so I'm not really interested in selling now.

That's what you should do and I don't think it's wrong to ostracize or be weirded out when someone's trying to sell a part of their investment in bitcoin because that's what you should do anyway when you're investing into something, you enjoy it while still gathering profit out of hodling you bitcoins. You should prioritize solving your problems using bitcoin instead of just letting it sit all alone in your wallet somewhere waiting for the right time because that's never gonna arrive and in the end you'll regret not selling some when the prices are going up.

I am sure that once we can see Bitcoin's dollar equivalent can go beyond the previous ATH, there is always that temptation for holders to cash out and enjoy the fruits of the waiting game they pursued. Of course, there will be others who might think that there can be more growth for BTC - maybe even one day reaching more than a million dollar in price - so they continually hold on to their portfolio.

The talk about ETFs is really buzzing, but getting the green light from the SEC soon is no easy. I'm still pretty sure that getting approval for a BTC ETF won't be a piece of cake, which is why so many companies are trying to get the thumbs up. It's not going to trigger a bull run anytime soon. We might just see some price ups and downs because news about ETFs can swing both ways .... positive and negative. The market will quickly react to that, causing prices to change in a snap.

Now, the halving is the most interesting part. Even though it's expected to happen in 2024, the bull run and ATH are likely to hit in 2025. That's based on the history of previous halvings. With this four-year BTC cycle looking like a template, a lot of folks don't want to miss out if the next halving sets a new ATH. No guarantees, but many believe.... Wait and see.

I don't know about the majority of the Bitcoin hodlers, but I might be cashing out some. I am actually in need of cash. I'm slowly drained of money. Most of my savings are in Bitcoin, and I can't just use it to support my needs. I'm a hodler. I've been holding on to my Bitcoin through the best in 2017 and the worst in 2018, the best in 2021 and the worst in 2022. I've, of course, made small conversions, but the biggest slice has always been kept for hodling. Of what point would my Bitcoin be if I can't enjoy it?

If you are a hodler, you will not mind too much about the coming decision announcement from SEC. for many Bitcoin Spot ETF applications.

If you are a hodler, you will hold your bitcoin longer than 2024 halving and will not only hold it to take profit in 2025 bull run.

Because as a vision of hodler, you know well about Bitcoin's Controlled supply and How is the 21 million Bitcoin cap defined and enforced?

You know that you have big advantage with those knowledge than newbies who only join this market this year or next two years and even don't know about those things. The rest is practice to help you convert this advantage to profit.



Can you do it by HODL?

interesting question.

I think it depends on how long thy have hodled and at what price they got in.  Finally what do we go up to.

Lets say you purchased 10 coins in 2017 at 10K around dec 1st of 2017.

I think if EFT comes and we go to 200k those holders may dump 1 to 3 coins

but if you grabbed 10 coins in 2021 at 65k  and we go to 200 k they would sell 4-5 coins.

Good day, distinguished crypto enthusiasts on this forum, and a Merry Christmas to those who celebrate.

Recently, HODL has been running through my mind, and I definitely understand that most people consider it to be the way forward when planning on investing in Bitcoin. It is a method that can amount to good profit, especially when the period of holding is lengthy.

As 2024 approaches, two major events awaits us: The Bitcoin spot ETF approval and Bitcoin halving, respectively. with the occurrence of these two events, there is certainty that the market would be affected in positive ways, thereby seeing impressive pumps. The situation might also go the other way where the unexpected might happen.

Question: With the coming of these two major events, assuming the price of Bitcoin turns out to be very impressive and massively different from today's current price, will the majority of Bitcoin holders keep(continue) holding?, or might price temptation just result in them selling to make a profit?.

Thanks for your time.