Topic: Do you HODL because you believe the price will go up? Or are you lost too much? (Read 1471 times)
November 24, 2018, 03:46:37 AM
I was several times cut loss this year and l'm not hold my bitcoin since January but i was buy back at range $6700 and i'm still hold my bitcoin and if you ask this questions why i'm still hold my bitcoin until now although the price not satisfied me and maybe my reasons is both of it
November 24, 2018, 02:48:51 AM
hodling fiat, property or any other asset class is just as risky if no more
divorce 50~100% loss
sued, 100 + % loss
tax system change 100% loss
bank failure 100% loss
QE evaporation of buying power
shares, value can go to zero for any reason including gov policy change.
Capital controls, you wealth is pretty much locked to on location, and not transportable.
BTC.....you can't have them, take them, stop me transporting them, devalue them (ok alts can abit)
I personally don't feel that safe in fiat under any condition, just enough to have a small buffer and buy stuff.
divorce 50~100% loss
sued, 100 + % loss
tax system change 100% loss
bank failure 100% loss
QE evaporation of buying power
shares, value can go to zero for any reason including gov policy change.
Capital controls, you wealth is pretty much locked to on location, and not transportable.
BTC.....you can't have them, take them, stop me transporting them, devalue them (ok alts can abit)
I personally don't feel that safe in fiat under any condition, just enough to have a small buffer and buy stuff.
November 24, 2018, 02:31:56 AM
Those that buy bitcoin in January and February this year are in serious loses. Bitcoin is going to recover but getting to above $10,000 this year is not in sight. I am holding currently with the mind that bitcoin is going to recover and makes another upwards movement that will create another high. If I have risked capital I will still invest as there is a great hope that bitcoin is going to recover again.
November 23, 2018, 11:41:34 PM
I wonder if you HODL because you believe the price will go up? Or are you lost too much already so you don't see any reason to sell because you won't be satisfied with the money you will cash out?
I have this self-conflict for a few months already
Well both is my reason,i trust bitcoin and the other altcoins and tokens in my folio but i must admit that i am also trapped when the big drop happens earlier this year,so rather than cutting losses i decided to HODL still and continue to trust the market that sooner will bring me income and may gain a big profit I have this self-conflict for a few months already
November 23, 2018, 08:25:22 PM
every year the market falls and then grows. if you have been trading in the market for a long time then you will understand me. so I'm sure the market will grow
That's what you call cycle, not just in crypto but all facets of life is in a cycle. Its a bitter lessons to learn but we can't do anything about it because the price will simply not go on parabolic rise and will hit a snagged and bubble has been burst.
As it is in a cycle, we may have seen the tail end of the bearish trend. Sooner or later, perhaps early 2019 the price will be on the road to recovery and just maybe we will see another all-time-high in the next coming years.
November 23, 2018, 06:49:04 PM
I have sold most of my assets some time ago, and some of the assets that I hold are assets that I think have good potential to rise.
November 23, 2018, 02:01:56 AM
every year the market falls and then grows. if you have been trading in the market for a long time then you will understand me. so I'm sure the market will grow
November 22, 2018, 04:32:07 PM
Yes, I HODL because I believe the price will go up. But I also have my head on the water, as I bought some fractions of bitcoin this year.
November 22, 2018, 04:11:12 PM
Whether you HODL in the hope to sell when the price skyrockets, there are times one has no choice but to sell because situation such as urgent need for money can compel you to sell. I have had that experience before. I will rather leave my coin in my wallet if there are no pressing need than to do panic sale.
November 21, 2018, 05:57:39 AM
To be honest, I am not against speculation but I believe that we should give first priority to use it as a payment system. However, since Bitcoin is still in the early phase of development there is exponential growth opportunity and one can look for profit in this possibility. However, we must realise that Bitcoin is valuable today just because the early adopters decided to use their Bitcoins for payment purpose and now we should do the same in order to optimise the utility value of it.
November 21, 2018, 05:57:06 AM
I wonder if you HODL because you believe the price will go up? Or are you lost too much already so you don't see any reason to sell because you won't be satisfied with the money you will cash out?
I have this self-conflict for a few months already
Many do not sell their bitcoins because they believe that the price will rise and it will be possible to earn more money, some simply do not know what will be right, sell or hold the coins. It seems to me that you can leave some of the coins for the future, and use some for trading.I have this self-conflict for a few months already
I have also lost a lot, but I believe in the cryptocurrencies as well. I know that finally, the market will rise, and the investors will return their money. Thus, I have become a hodler.
November 21, 2018, 05:35:07 AM
I wonder if you HODL because you believe the price will go up? Or are you lost too much already so you don't see any reason to sell because you won't be satisfied with the money you will cash out?
I have this self-conflict for a few months already
I hold because I believe on the price will pump hard as it hardly dumps and also see big lose when I cash out it now in this situations. It won't also help the market lessen the supply. It is not worth to cashout now because your work is hard enough but you get low reward when there comes time that it will give high profit. I have this self-conflict for a few months already
November 21, 2018, 05:16:31 AM
I wonder if you HODL because you believe the price will go up? Or are you lost too much already so you don't see any reason to sell because you won't be satisfied with the money you will cash out?
I have this self-conflict for a few months already
Many do not sell their bitcoins because they believe that the price will rise and it will be possible to earn more money, some simply do not know what will be right, sell or hold the coins. It seems to me that you can leave some of the coins for the future, and use some for trading. I have this self-conflict for a few months already
November 21, 2018, 04:54:34 AM
Quote
Are you HODL because you believe prices will rise?
Yes, but more often because of following trend position predictions. if the trend goes up first hold and if it is in the second position then I select sell November 20, 2018, 09:10:55 PM
I wonder if you HODL because you believe the price will go up? Or are you lost too much already so you don't see any reason to sell because you won't be satisfied with the money you will cash out?
I have this self-conflict for a few months already
I have the same way of thinking, I already lost too much on the price dump. There's no reason to sell right now to cut my loss because I lose too much. But I always believe that the price will go up no matter what, I can hold my bitcoin assets for a months or maybe a year if the bull run doesn't happen. I only know one thing, bull run will happen anytime soon.I have this self-conflict for a few months already
no matter bitcoin will going down again will HODL till $1 / BTC
November 20, 2018, 08:09:00 PM
I wonder if you HODL because you believe the price will go up? Or are you lost too much already so you don't see any reason to sell because you won't be satisfied with the money you will cash out?
I have this self-conflict for a few months already
I have the same way of thinking, I already lost too much on the price dump. There's no reason to sell right now to cut my loss because I lose too much. But I always believe that the price will go up no matter what, I can hold my bitcoin assets for a months or maybe a year if the bull run doesn't happen. I only know one thing, bull run will happen anytime soon. I have this self-conflict for a few months already
November 20, 2018, 08:02:51 PM
I wonder if you HODL because you believe the price will go up? Or are you lost too much already so you don't see any reason to sell because you won't be satisfied with the money you will cash out?
I have this self-conflict for a few months already
Both of the reason you mentioned are true. To me, I still believe in the price of bitcoin and I also don't want to lose money anymore.I have this self-conflict for a few months already
You decided to sell all your coin today?
November 20, 2018, 07:59:48 PM
I wonder if you HODL because you believe the price will go up? Or are you lost too much already so you don't see any reason to sell because you won't be satisfied with the money you will cash out?
I have this self-conflict for a few months already
Both of the reason you mentioned are true. To me, I still believe in the price of bitcoin and I also don't want to lose money anymore. I have this self-conflict for a few months already
November 20, 2018, 07:39:54 PM
Believe me, i hold BTC now because it will rise again. Most people have lost faith and trust in Bitcoin because of the recent downward movement but this is not the end of Bitcoin. Bitcoin has seen more worse situations than this yet it recovered and made the all time hit of $23k.
Never be part of those who will regret later for panic selling their BTC now.
Never be part of those who will regret later for panic selling their BTC now.
November 20, 2018, 07:12:25 PM
I wonder if you HODL because you believe the price will go up? Or are you lost too much already so you don't see any reason to sell because you won't be satisfied with the money you will cash out?
I have this self-conflict for a few months already
yes I am like you and maybe most people in this forum also agree that the reason for HODL is because they believe the price will go up and also we don't want to suffer losses. so the best solution when the market is red is HODL and be patient. the key to successful crypto investment is patience. be patient for several months or years to get greater profits.I have this self-conflict for a few months already
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