Topic: End Goal or Keep HODLing? - page 4. (Read 1349 times)

Obviously now is not the right time to decide to sell since bull run isn’t happening yet. And even if bull run is finally here, I wouldn’t suggest to sell everything you have just to get massive returns. Leave some of your coins for another years of long term hodling because bitcoin price proves to appreciate in time, so the longer you hold, the bigger the profits you will earned. Although one should not hold until forever, but if ever you want to sell them all, make sure that you have reached your goal price, otherwise you will regret thinking wishing you did not sell them all.

You can't hold Bitcoin forever, atleast for my understanding because you can't be holding something in secrete that you don't want anybody to know because of privacy reasons. God forbid, what happen when you keep holding forever and then one day you died and nobody know you own Bitcoin and even they do, not like you wrote a will somewhere that you want it to be access and I doubt if it's even sate to write a will about holding a bitcoin in the first place.

Sell if when you have had enough profits but don't sell everything, sell when you know you have achieved the goal of holding like for instance, we have people that are holding Bitcoin from 2009, their goal could be because they want to hold it till Bitcoin cross over $100k be for they sell and it cool but sell when you think it's right, no point in holding forever except there is a way which your keys can be access when you don't breathe air again.

Don't be surprised there are still investors who have accumulated enough bitcoin that would choose to sell some portions of it to buy cars, houses, and other luxurious things. Do you think it is stupidity to do that? Think about it those investors that started investing in Bitcoin 10 years ago selling now and living the life they deserve won't be such a bad idea. In my opinion i feel like it is not a bad idea but selling their entire Bitcoin that is where they might be wrong.

For the problem of price certainty we will never be able to definitively predict that the nominal increase in terms of value or indeed what the exact price will be obtained by bitcoin but by looking at the progress and some things that happened before, of course, there is an optimistic situation where the increase even for the price of $100k can be achieved when halving or after halving occurs so that with seeing the current conditions where the increase and bullishness are still ongoing then it is indeed possible for us to get that price sooner or later but indeed as you said if we really want to feel that then we have to stay in bitcoin only there are other considerations when looking at this because in my opinion everyone who is in bitcoin has their own goals and that is a sure thing. We also cannot force if there are people who will stop even before the halving because as long as they have benefited then indeed to leave is also not a problem if they want to because it is a definite action according to them right by taking advantage of what they planted before as a form of investment .

The best solution for this is set some coins to sell but leave a portion of it for long term hodling. That way, both sides will be cater, and you won’t end up regretting wishing you have sell or not. While profits is the main goal of everyone, I think it’s also valid to reserve some of our coins for future investment. Just sell only when you badly needed the funds, but hold if you think there are bigger potentials for profits hopefully in the years to follow.

no one can predict with certainty how much the price of bitcoin will rise when and after the halving occurs. Therefore, become a player in it so you can feel how valuable the bitcoins you have are. and even though bitcoin has experienced a decline, don't sell this very valuable asset, because there are still many people out there who want bitcoin at an even cheaper price even though that will never be possible.

I also don't think any sane person would sell their saved bitcoins at this time when everyone is seeing how high the price of bitcoin is now and how much higher it can go. I regret that six months ago I sold some of my bitcoins, now I wish I hadn't sold them.

It is said that a man learns from his past mistakes, so I think no one should make this mistake now, if they have old bitcoins they bought when the market was very much down, they should save them for at least six months or a year from this point because we are yet to witness the actual bull run which generally occurs after the halving event in every Bitcoin cycle.

While hodling can be profitable, but we will only come to realize those real profits if we decide to sell them after years of keeping them. That’s the only way where we can enjoy our hard-earned profits once we start selling them for real. However, we can always decide not to sell them all but sell just a portion of them, that is if we are still looking forward for our future profits. While bitcoin can satisfy our longing for profits, but knowing its value appreciates more in the years to come, then it’s best to sell them in portion every year so we can still increase the amount of our profits.

Many does look at the market for being short term but they don't know that if they keep and become long term here, there's more profit that they're going to make. Effortless and easy, that's why most of us are going to hold no matter what the market shows. Sometimes, it is discouraging but that's part of its growth that we have to go through some balance and correction for us to see how profitable this market is as it skyrockets. If there are no dumps then for sure that there are also no moving up of it or the opposite action of bitcoin. But as we've been familiar with Bitcoin if you've been here for years, you'd just hold.

When you talk about the long term and say diversification in it, I think it's a bit naive in the end.
Indeed when we talk about the saying that we should not keep all our eggs in one basket, it seems quite good, but on the one hand we also have to know that sometimes diversification is not very important in bitcoin ownership.

We are aware that when talking about crypto its certain that this does not only focus on bitcoin because in the end there are several altcoin projects that are in it but on the other hand we also have to assess from all sides where about the strength of the money that we will put in investment and risk management that will be owned it would be very naive when talking about bitcoin and diversifying it with altcoins which incidentally have greater risks.
Not that diversification is a mistake because when we are in crypto then indeed all the will and decisions are in our own hands but it would be a little not too wise to say with the long term but focusing on being other than bitcoin .

you can't say all but it is a decision for the investors and the plan of the investment. Some people will like to invest for a short term and use the money to do another things when the time elapsed. Like there are some students who invest in bitcoin with their school fees and give a short period of time and calculate the period very well to know if they would have profit within that short term. And if they got profit then would be very happy and if they didn't they take their capital and use it to pay their school fees. And those are the risk takers in the bitcoin investment platform. Because I. That short period if the price of bitcoin goes down below the investment capital then they would be at the losing side.

Everyone will have something different to say like an opinion to share but it might be different from yours. My little advice is you make research and plan for your personal target, everyone investing don't just invest with zero target like mine can be 5_10 or 4_8 years for example, it depends on your view towards bitcoin investment. If you're looking at the market as an short term profit investment then it's your choice, my investment plan might be different from your plan but there's this habit of always wanting more so I think you just want to still hold cause you see people predicting the price for $120k and with your speculation also.

Anybody who invest in bitcoin have to plan for a long time investment because that is how it works. So, if someone have a short time goal that he want to achieve that person should no go for bitcoin investment. because there is possibility of him loosing when he is ready to sell. because you most invest for a long period of time before you make profit, and I think that is the only way you will get profit from your investment.

Although, some investors normally set a target for their investment they sell a specific price of when they will sell their investment, so someone who invest in bitcoin to achieve a goal can also do that is not a big deal.

Yeah the best goal to set is the long term but not everyone can endure that long term investment plan because it needs time and patience. And as for me this the first halving I am about seen in the cryptocurrency ecosystem market. And if the price is favorable I will make sure that I acquire more to the investment portfolio and be hodling it for a long time. And if apply the average Joe method then it should be depending on the kind of work you does before you can say weekly or monthly. Yeah the end goal is to invest for a long term.

Most likely if we have been in the market before or at least experience block halving, we should be looking for long term and keep HODLing. Our end goal is to make money right? And so we can accomplished it by accumulating sats, it doesn't to be 1 BTC right away. For common or average joe investors like the majority of us, it just a few sats like every week or even a month.

So I guess the end goal here is to hold as long as we can. And from what I learned being in the market already, it's better to accumulate when the price is down, meaning accumulation starts once we experience bear market. I know it's tough to buy and hold for years, but if others can do it, I think everyone can manage it as well. And then sell and timing the market when it's almost at the top.

In my opinion, in this case it depends on the bitcoin holder himself when he wants to sell it and of course it's up to the person holding the bitcoin.

Of course, everyone has different thoughts, namely there are those who invest in BTC for the long term, for example, they don't determine when they will sell it and there are also those who sell their BTC during a bull run and after selling it during a bull run, then after the bear market they buy Bitcoin again.

There are also those who invest in BTC, for example for the short term, for example after making a profit, even though it's not big, but sell it. Of course in this case it depends on our interests when we will sell and of course in this case we have to be able to sell at the right time.

because you have bought BTC during a bearish market, of course you will have made a big profit and of course every BTC investor, in my opinion, will definitely feel anxious, such as when the BTC price is high and there is always a feeling of dilemma because you are afraid that the BTC price will fall again and you won't get a profit. It's big, so of course in this case it's up to the person who has BTC to sell it when.

Personally, I always invest in short term and long term BTC so I will take advantage of short term investment in BTC and long term BTC.

This is something that there has been a lot of debate among Bitcoin holders on this forum. Many people believe that selling Bitcoin for USD in the short term when profitable is an unwise action, and they believe that it is not Bitcoin holders. And they believe that Bitcoin holders must hold for a long time, at least 1 cycle (4 years). There are also opinions that their holding of Bitcoin is just an investment, and since it is an investment, there would be a specific profit-taking plan. They don't care how long they hold, as long as they meet the target they initially set, they will sell. For a few, holding Bitcoin is like a religion for them, they have no intention of selling, only buying more.
I think there are many purposes in buying and holding Bitcoin, it is important that you determine what your goal is? Don't be influenced by other people's opinions, because each person's investment situation and position is different.

Before I will start we have to k ow which of the goal did the person set to invest in bitcoin? Is it short term or long term goal? If the person invest in short term goal then there is no big deal on the matter, when he thinks that it is okay for him to sell the coins then he can do that without looking for help. But if the goal he set was a long term one then the perpetual hodling must be in his heart. And one thing you have to know is that because the person said he is holding for long term does not mean he will not sell when the price hit all time high but he can only sell them and buy when the price comes down again. And it is not to sell a s stop there. Or continues holding till the All Time High in the peak of it.

For me, holding bitcoin for the long term doesn't mean I will hold it forever without touching it, but I have made a strategy and have determined when I should sell the bitcoin I hold, like right now, the market is bullish so I sell some of the bitcoin I hold for looking for profits from the ups and downs of price movements and partly I continue to hold it until the Bitcoin halving event occurs so that I have the opportunity to get the highest peak price when I sell it later.

When someone has made a profit from an investment and does not take the profit, of course they will be ready to hold it for a longer period of time, but if I myself have made a profit from the investment then I will take the profit and when the price goes down again then I will collect it back at a cheap price and hold it for a long period of time, you are right, of course there is nothing wrong with enjoying the profits from investment and that is the goal of every person who invests.