Do you want to live a peaceful life? Without drama? Then HODL and enjoy the ride - page 2.

GeorgeJohn

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Quote from: virtualdn on May 09, 2022, 07:33:11 AM

I've never sold a satoshi since 2013, actually never sold any BTC. I've seen all the ups and downs, seen them all. I'm very relaxed now because I just HODL and enjoy the ride. Let the weak hands lose, the strong hands will remain. Go on and sell your BTC to the big boys. One day BTC will go in the $xxx,xxx zone and many of you will regret selling. Dips are temporary and BTC will still exist in 2140, remember that, it cannot just disappear. Go on, make the rich guys richer. They will be happy to buy it from you, but remember, once you give it away it's gone.

I'm not disputing the fact of holding bitcoin for long time frame, because i understood from the existence of cryptocurrency and especially bitcoin, that the more you hold Bitcoin is the more you get advantages over it market increment values..so the problem is that nobody can predict the future and life span of bitcoin, because it's a creative currency that wants to dominate all over the world, which it's possible to be abolished by creating another related currency that will be superior than bitcoin.

So over the emphasises you portrayed that bitcoin can last up to 2140 years or turns base on your direction, I'm not disputing that also because it's assumption, but will it be callful to die when holding bitcoin... At least sell your coin and enjoy the valuation of bitcoin.

bitcrystal

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thats a huge one and i believe its going to pay off eventually. hodling is the best looking at the fact that previous history shows it will move to a new ATH. some people knows how to sell at some high price even though not the ATH and buy back lower not specially the bottom. anyone who cant face the stress of frequently monitoring price should just hodl.

bitzizzix

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Hard to believe but the OP did and maybe you're one of those people who don't need the money, I mean maybe the OP has some other income that makes his needs met and if that's true you're great.
since i myself have a steady income or steady job i keep selling them when i make a profit on ATH and i will also sell them if i want something expensive and i can't afford it and i stick with it. But I didn't spend it either.
Holding bitcoins from 2013 to date is a huge achievement and you are not tempted in the slightest when the new ATH comes along, and also with huge gains.

by the way may i know how many bitcoins you have hehe... kidding Grin

traderethereum

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Hold will never be easy, let alone hold bitcoin since a few years ago when we didn't know what the future of bitcoin would be.
Maybe people who still hold bitcoin for a long time have no problem holding on for a few more years because they still have other sources of income so they can still hold.
But for people who have financial difficulties while they still have bitcoins, of course, they will sell bitcoins, especially if the price can increase higher as it is today.
So Hold is an option for everyone who owns bitcoins and it is up to them to keep Hold or sell their bitcoins and it is their decision.

|MINER|

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There is no doubt that if the price of Bitcoin goes down and never goes up, Of course it will go up .And what happened now is that in 2013/14 people couldn't imagine that I think bitcoin will go even higher than we think now. Anyway, congratulations to you, I am really surprised to see your patience. You have been holding bitcoin since 2013 . In this case I'm a less patient person so I can't hold it for long term. I bought it in a dip and sold it when it increased. I bought it again and sold it again like this (Because I like to do short-term trading). My point is, if I spend my life on holding, when will I eat? That's Doesn't mean I am not discouraging those who are holding it . The fruit of patience is always sweet. Similarly, holding Bitcoin for long-term can lead to huge profits.

Silberman

legendary

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Quote from: virtualdn on May 09, 2022, 07:33:11 AM

I've never sold a satoshi since 2013, actually never sold any BTC. I've seen all the ups and downs, seen them all. I'm very relaxed now because I just HODL and enjoy the ride. Let the weak hands lose, the strong hands will remain. Go on and sell your BTC to the big boys. One day BTC will go in the $xxx,xxx zone and many of you will regret selling. Dips are temporary and BTC will still exist in 2140, remember that, it cannot just disappear. Go on, make the rich guys richer. They will be happy to buy it from you, but remember, once you give it away it's gone.

Actually I cannot believe a new opportunity to buy BTC for cheap has been given to everyone. It could be among the last who knows!

You are completely right and even then people are not going to listen to your advice, people want to get rich fast with bitcoin and as such they think of trading as the best option for them to do this, and while a few traders can in fact make that much money we also know the vast majority have no chance at all to reach those results, so with this in mind holding our coins for the long term is the best option, but unfortunately very few people realize this before they suffer massive losses.

Rikafip

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Quote from: Boakse on May 10, 2022, 09:35:03 AM

I really don't get these "ranked" people (legend\hero\etc) who keep claiming to HODL for Life and will never sell....

WHY DO YOU HAVE BITCOINS???

Some people simply use it as an investment only rather than currency. While I think that bitcoin should be used (and I spend bitcoin on the regular basis) as what it is initially intended for, everyone is free to use (or not) his bitcoin as he pleases.

Quote from: Boakse on May 10, 2022, 09:35:03 AM

Every Legendary who is NOT a millionaire by now has simply : FAILED !

That's just straight up bullshit. Didn't you just say that people should spend bitcoin and not just hodl it, so how the hell should someone become bitcoin millionaire if he bought his first bitcoin 3-4 (it takes up to 3 years to become Legendary) years ago, and keeps spending it all the time?

evilgreed

sr. member

Activity: 728

Merit: 266

Damn, op is really amazing to be able to hold on to his btc for that long. Imagine the temptations every time there's an important thing that needs to be bought, or the bragging rights and being able to say " I told you so" to your peers that has been doubting you. Although, it wouldn't be wise telling anyone about your holdings just because you know them. Heck, even the closest people around you sometimes cannot he trusted. Well, if everyone are well of in life then I think most of these people won't even think about selling as well. I wish I was that well off as well. But anyway, congrats op.

amishmanish

legendary

Activity: 1904

Merit: 1159

HODL is the best strategy, if you want make real profits, make long term investments. Bitcoin is going to be a great asset in future. Its already too big to ignore and Its technological superiority over fiat will always keep it a good investment option and in long run it will always be profitable. But I believe in the current market short term investments in good projects is also a good avenue of making good money. SO while you keep HODL, keep chipping profit from small projects also.

noorman0

hero member

Activity: 1778

Merit: 709

[Nope]No hype delivers more than hope

There is another story for people who like to spend bitcoin regularly because they enjoy the advantages. Remember that bitcoin is not just a matter of value, it's a method.

After all, everything will be coincidental regardless of how well you plan.
Suppose with 1 btc I spend today (@30k) on favorite foods or to my favorite places in good health, I have fully enjoyed my bitcoins. Or I decide to spend 1 btc in the next 20 years (@500k), but I with an illness are only limited to enjoying certain foods that were not my past favorites. If the first action includes "weak hands" then I better take that.

Boakse

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I really don't get these "ranked" people (legend\hero\etc) who keep claiming to HODL for Life and will never sell....

WHY DO YOU HAVE BITCOINS???

I sold some of my BTC in 2019 and paid of my house
I sold some of my BCH in 2020 and bought a nice car
Right now I am -waiting- for BTC tot hit above 80-100K and I will sell another one\two and buy a myself another house

I use my Bitcoin (and other) to live my life to the max!

Why holding on to it and never make use of it! Ridiculous!

OR

Is the fact that lots of legends and heros around here with high Merit, actually don't have that much Bitcoin

Shouting how good they are, and how well they know Bitcoin... blablabla
And still shitfucking around with less then one BTC Huh

?

Every Legendary who is NOT a millionaire by now has simply : FAILED !

Eternad

hero member

Activity: 1400

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Quote from: Cryptmuster on May 10, 2022, 04:37:13 AM

If the situation does not stabilize soon, then we may see a much larger drop in the price of bitcoin. It can reach 20k, or even fall even lower if people are subjected to panic selling, which can turn into an avalanche effect. I really hope that this will not happen, but it cannot be ruled out either. Previously, they were happy that large players were buying bitcoin, but now these players are selling large sums of bitcoin and are collapsing the price...

That's why we should keep monitoring. I already buy some bitcoin in these dump and may buy agin if the price will drop again, we don't know upto how much the price will be but we should not put all at once in bitcoin as there is still no positive news that can move the price up. If we plan to hold more than trade then better monitor the price. If already bought some then just keep waiting tills rise again, it will only be a matter of waiting and depending on our life situations so we can't say that there might be no drama since were not in control of the market.

coolcoinz

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Quote from: Cryptmuster on May 10, 2022, 04:37:13 AM

If the situation does not stabilize soon, then we may see a much larger drop in the price of bitcoin. It can reach 20k, or even fall even lower if people are subjected to panic selling, which can turn into an avalanche effect. I really hope that this will not happen, but it cannot be ruled out either. Previously, they were happy that large players were buying bitcoin, but now these players are selling large sums of bitcoin and are collapsing the price...

They already are panic selling. Most of retail buyers got out, mostly at a loss, in January.
Do you believe that people who are selling now (those big players) are doing it because of panic? It's a calculated move to start buying at levels that are considered historical support like levels of mining profitability. Hash power is rising the whole time, which means miners are investing money right now, just like they were doing it at 40k.
Don't be fooled into thinking that people who were willing to buy bitcoin at 40k USD are out now saying fuck 30k, I'm not going back to bitcoin. They see the same charts that we all see and they paint a picture of stable growth and constant higher highs on the weekly time frame.

If it were to happen that we go below 20k (not wick because of lack of liquidity but actually go and stay there, it would be a first time in 13 years. Possible, but very unlikely and only big events like world war 3 could make it happen.

SirLancelot

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Quote from: virtualdn on May 09, 2022, 07:33:11 AM

I've never sold a satoshi since 2013, actually never sold any BTC. I've seen all the ups and downs, seen them all. I'm very relaxed now because I just HODL and enjoy the ride. Let the weak hands lose, the strong hands will remain. Go on and sell your BTC to the big boys. One day BTC will go in the $xxx,xxx zone and many of you will regret selling. Dips are temporary and BTC will still exist in 2140, remember that, it cannot just disappear. Go on, make the rich guys richer. They will be happy to buy it from you, but remember, once you give it away it's gone.

I do not think that you avoid drama by just holding for a long time because you "witness" it even if you are not part of it. Yes, if you buy and hold it long term then you do not have personal drama with crypto and it doesn't go up and down constantly and all of that. However, just because you do not feel fear about your own money, doesn't mean that you are nowhere to be found, you still watch the markets and you still end up feeling that drama happening to other people.

For example, I have been holding for a long time now, but I still feel a "fear" when the price goes down, not like it would matter to me but it does make me feel that way anyway, hence why I believe long term is not the solution.

lovesmayfamilis

legendary

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What you might be right about is that bitcoin will live for another hundred years. But how many years have you measured yourself? How many? And also, you claim that you are not rich. In this case, how much can you save from 2013 and still remain not rich? I won't give examples.

But yes, the truth is that after going through many ups and downs, bitcoin will still return to growth. But to make a profit from bitcoin and not spend it, you either need to be rich (after all) or a fool. In old age, your wealth will seem like an unnecessary burden to you. Live here and now.

Lucius

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Quote from: Kakmakr on May 10, 2022, 04:25:18 AM

OP, your decision can backfire on you.... or you will become filthy rich.. that is the gamble that you must take. I will rather have a scenario where I took some profits and when it goes to zero, I can show something for my Hodling.... than not doing it and having nothing to show for it.

In some past threads opened by the OP, I also wrote something similar in the sense that a lot of things can be bought with money, but that time is still something that no one can compensate or control. I want to say that everyone should understand that some things should not be postponed indefinitely, therefore one should enjoy life every day, and if that means occasionally selling part of Bitcoin, I don’t see why that would be a bad move.

What I find very unlikely is that BTC will ever be worth so little in the sense that it will be close to zero, although some insane regulations could make it much less valuable than it is today.

bitterguy28

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Quote from: virtualdn on May 09, 2022, 07:33:11 AM

I've never sold a satoshi since 2013, actually never sold any BTC. I've seen all the ups and downs, seen them all. I'm very relaxed now because I just HODL and enjoy the ride. Let the weak hands lose, the strong hands will remain. Go on and sell your BTC to the big boys. One day BTC will go in the $xxx,xxx zone and many of you will regret selling. Dips are temporary and BTC will still exist in 2140, remember that, it cannot just disappear. Go on, make the rich guys richer. They will be happy to buy it from you, but remember, once you give it away it's gone.

Actually I cannot believe a new opportunity to buy BTC for cheap has been given to everyone. It could be among the last who knows!

Here you go again , I really love you posting like this and also giving me full trust for Bitcoin as you have not sold any single satoshi for that long time .
you admired me a lot mate and thank you for this kind of post .

Quote from: virtualdn on May 10, 2022, 03:12:08 AM

To make things clear for everyone, I'm not a rich person, probably most of you here are having a much higher revenue. I'm just very determined because I know BTC's potential and BTC is the last thing I'd touch. It's a difference between being rich and being perseverant.

but still you afford Holding your bitcoins that long while the temptations are all there for many times before, and specially when the price Hit 20k and now almost 70k yet you keep them all? how great human are you .

Cryptmuster

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Quote from: coolcoinz on May 10, 2022, 04:00:20 AM

Do you really see 30k as an opportunity, being the long term holder that you are?
I still have coins that I bought for sub 1k USD and for me 30k doesn't look like an opportunity to buy. The price is pretty high if you look at it from my perspective.
Don't get me wrong, I'm not planning to sell here, but when you look at the history and see that it touched 4k in 2020, 30k looks more like a high level than a low one.

IMO the fair value of bitcoin is around 30k, so selling here is a bad idea, but historically bitcoin often fell below the fair value when people sold in panic. 2020 is a good example of that, so there can be a better opportunity for those who don't have any BTC yet. 30k looks like a solid stable level that we are going to come back to again, not like a one time opportunity that you don't want to miss out on.

If the situation does not stabilize soon, then we may see a much larger drop in the price of bitcoin. It can reach 20k, or even fall even lower if people are subjected to panic selling, which can turn into an avalanche effect. I really hope that this will not happen, but it cannot be ruled out either. Previously, they were happy that large players were buying bitcoin, but now these players are selling large sums of bitcoin and are collapsing the price...

Kakmakr

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I sold two times..... Once at $18 000 at the ATH back then, before it dropped (2017) and then again at $60 000 before it dropped back again. I am not regretting any decision to sell some coins, because it made a drastic change in my life.

OP, your decision can backfire on you.... or you will become filthy rich.. that is the gamble that you must take. I will rather have a scenario where I took some profits and when it goes to zero, I can show something for my Hodling.... than not doing it and having nothing to show for it.

FairUser

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I also don't have many problems if I continue to hold BTC, but honestly, this life is governed by too many things for us to be passive. The more you let go, the easier life becomes, but it is very difficult. Like a lot of people here, I've made a profit between 2019 and now, but for the future we have too much to deal with. BTC is very cheap for many people, but it is also beyond the reach of the masses with popular incomes like today. It is hard to say that it will take a long time to reach. But lucky people like us know and can buy it, so in my mind, I always wanted to be able to do something for the people around me from what we have received.

Topic: Do you want to live a peaceful life? Without drama? Then HODL and enjoy the ride - page 2. (Read 463 times)