and when the price goes up again and reaches $50K i will sell it,
but right now i won't sell it cause i'm waiting for $100K.. just hope no need to respond buddy
Topic: HODL, HODL, HODL when can one actually sell Bitcoin? - page 10. (Read 1921 times)
when i buy at bitcoin buy price at $30k but then bitcoin drops to $25k i will hold it so that my money doesn't disappear,
and when the price goes up again and reaches $50K i will sell it,
but right now i won't sell it cause i'm waiting for $100K.. just hope no need to respond buddy
and when the price goes up again and reaches $50K i will sell it,
but right now i won't sell it cause i'm waiting for $100K.. just hope no need to respond buddy
So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?
Hodl until the price will up.
Example. You are buying 1 btc at the price of $89,000 then after few years it became $300,000 then the right time has come.
Quote
How then do we say we have made money from it if we don't sell?
Of course you can sell it but in the right time, be patient and don't be greed cause every success need sucrifice.
actually,,, if i have more bitcoin savings why not but look after the prices come up and that's the way sell it but its happen the bitcoin are goes down, soo think very well i can wait selling after the bitcoin become up.
So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?
How then do we say we have made money from it if we don't sell?
Holding is the best option especially when the price of bitcoin is dumping. It is up to you on what's your strategy on doing it. My advice is to hold when price is dumping and sell when price is increasing. It's up to you on what should you do. Or else, you can sell it when you already attain the goal you want to your bitcoin, if it is already enough for you and you think you won't regret something in the future selling it. Everytime you make decisions, try to think a scenario of you doing it, so that you won't regret anything. How then do we say we have made money from it if we don't sell?
Besides that, I think it's true that everything goes back to each other personally but don't forget the suggestions and opinions of others, at least this is a reminder, especially if the person who says this is someone who is more successful than us.
Actually we can sell Bitcoin at any time as long as it makes a profit, but every Bitcoin holder or trader wants a lot of profit so it takes the right time or longer depending on the Bitcoin price itself. If a trader has a target price of say $100,000 then he will sell it at that price then the trader needs an indefinite amount of time until the target is reached. However, if the trader only wants to make a small profit, then at any time they can sell it at a price 10% higher than the capital.
Brother, it upon you that what is your target to sell your Bitcoin. If price reaches at your target than you can sell it. But if you did not satisfy with the price then wait for your target. Long term chart of Bitcoin is very positive. So, hold your bitcoins. Patience is very necessary in trading. You can increase your quantity of Bitcoins by trading. Buy at low price and sell at high price
This is individual opinion, just because some certain people will always shout hold hold hold don't mean you should do the same, everyone has price target and what they aim to achieve, you can sell wherever you feel it is comfortable for you, probably sell some percentage and keep holding rest for a longer term.
So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?
How then do we say we have made money from it if we don't sell?
How then do we say we have made money from it if we don't sell?
The question is, are you really hodling something? if not, then why bother asking, if you do, then you should believe the people around you, hodling only means that you'll hold whatever you have until the opportunity comes, if you don't want to hold and keep idle, might as well find a way on how to earn more.
So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?
How then do we say we have made money from it if we don't sell?
Holding is the best option especially when the price of bitcoin is dumping. It is up to you on what's your strategy on doing it. My advice is to hold when price is dumping and sell when price is increasing. It's up to you on what should you do. Or else, you can sell it when you already attain the goal you want to your bitcoin, if it is already enough for you and you think you won't regret something in the future selling it. Everytime you make decisions, try to think a scenario of you doing it, so that you won't regret anything. How then do we say we have made money from it if we don't sell?
Whether you hold or "hodl" your bitcoins or sell them is entirely up to you. There is no hard-fast rule that states you must do this or do that in order to sell that exists, so you do what you have to do. That being said everyone is always saying "hodl" because that is how we will drive up the value of bitcoin. By selling bitcoin you are driving the value down. So this is why.
Exactly, nobody can make these decisions for you and nobody is forcing anyone to hold. HODL is a personal decision, it doesn't affect anyone but you (unless moving massive amounts) in which case it can affect the market. That being said, any BTC positions should (in my view) not be closed under 100K. With the momentum that Bitcoin has it seems that 65K is but a temporary hold.
HODLING was never an easy stuff even some people do see it to be simple but it isnt when you are on the feet of those hodlers.
Whether you hold or "hodl" your bitcoins or sell them is entirely up to you. There is no hard-fast rule that states you must do this or do that in order to sell that exists, so you do what you have to do. That being said everyone is always saying "hodl" because that is how we will drive up the value of bitcoin. By selling bitcoin you are driving the value down. So this is why.
Exactly, nobody can make these decisions for you and nobody is forcing anyone to hold. HODL is a personal decision, it doesn't affect anyone but you (unless moving massive amounts) in which case it can affect the market. That being said, any BTC positions should (in my view) not be closed under 100K. With the momentum that Bitcoin has it seems that 65K is but a temporary hold.
A simple question but a million answers, It depends on how much your target really is, but it could also be how greedy you are, IMHO
For me, more about the target, maybe leave some for long-term investment because I know Bitcoin will be rare and much sought after.
As a reminder, market prices do not always go up, there must be a correction. Don't regret if for example we are at the target price and don't sell it (because of greed) then the price goes down again and it takes a long time to recover, I still remember how the pain was.
^ Aiming target profit is always the best decision in investing BTC and it seems the price was too volatile but at least we know that it is always landed on the highest price position. Just like what happened now, who knows that within the year we have another ATH reached, and most expected was it is during the BTC halving. In a long run, BTC investment is always good though this will not have a guarantee at least the market was proven and tested that the price of BTC was kept increasing and until now it was still anticipated moment BTC becomes $100k. For me, more about the target, maybe leave some for long-term investment because I know Bitcoin will be rare and much sought after.
As a reminder, market prices do not always go up, there must be a correction. Don't regret if for example we are at the target price and don't sell it (because of greed) then the price goes down again and it takes a long time to recover, I still remember how the pain was.
A simple question but a million answers, It depends on how much your target really is, but it could also be how greedy you are, IMHO
For me, more about the target, maybe leave some for long-term investment because I know Bitcoin will be rare and much sought after.
As a reminder, market prices do not always go up, there must be a correction. Don't regret if for example we are at the target price and don't sell it (because of greed) then the price goes down again and it takes a long time to recover, I still remember how the pain was.
For me, more about the target, maybe leave some for long-term investment because I know Bitcoin will be rare and much sought after.
As a reminder, market prices do not always go up, there must be a correction. Don't regret if for example we are at the target price and don't sell it (because of greed) then the price goes down again and it takes a long time to recover, I still remember how the pain was.
So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?
How then do we say we have made money from it if we don't sell?
How then do we say we have made money from it if we don't sell?
It really depends upon your vision about crypto currency. You would probably never sell it if you believe that Bitcoin will become mainstream one day.
If you are a trader, you may book profit at times and buy back later when it dips. One thing which you need to understand that the longer you are able to hold your bitcoin, it will give you more returns.
There is no specific time for someone to sell his/her Bitcoin, it all depends on the holder. If the holder feels he/she have make a reasonable profit, they can probably sell. But, although, I have seen some Bitcoin Holders who don't normally sell their coin. For me, I only sells my Bitcoin, when am desperately in need of money, but I make sure to buy more of it later. Because Bitcoin is the future, and the price will definitely rise more higher than the current price in the nearest future.
So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?
How then do we say we have made money from it if we don't sell?
actually it's not necessarily mate to follow what others doing wherein you have your own decision and you must follow it. Just remember if your not going for long term then perhaps selling is the best choice on this situation because bitcoin at this point is searching for new support, for that reason don't wait until your profits disappear from the volatility because for sure some short term investors is jumping out right now as well, so make a decision infact its all up to you !! .. How then do we say we have made money from it if we don't sell?
Only the thing we have to do is to think it several times, holding is a huge sacrifice on our part but the rewards are great.
There is no comparison of Bitcoin for long term investment. When I put Bitcoin in my wallet I think to myself I have only one coin for long term investment. If someone wants to sell bitcoins personally, you can feel free to buy and hold those bitcoins.
So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?
How then do we say we have made money from it if we don't sell?
actually it's not necessarily mate to follow what others doing wherein you have your own decision and you must follow it. Just remember if your not going for long term then perhaps selling is the best choice on this situation because bitcoin at this point is searching for new support, for that reason don't wait until your profits disappear from the volatility because for sure some short term investors is jumping out right now as well, so make a decision infact its all up to you !! .. How then do we say we have made money from it if we don't sell?
In an investment sometimes you win even in loss. So the reasons are as diverse as the simplest that can lead you to the common sense "to sell".
When people who have thought very well about their investment, they have as priority only hodl, because having bitcoin is their happiness, their financial orgasm and that in itself profit it, that is having one of the most prolific assets and not thinking about sell.
You are understand!! it is a non-tangible profit difficult to explain and is especially difficult to explain for people like you who usually only think "when I sell" to be able to say "I am a winner", when perhaps that action is the most useless in the prolific sense of what bitcoin will be and perhaps always will be in holding
In simple words it is earned by the simple fact of having it, but if you have to sell it it is your decision and nobody else's and you decide.
When people who have thought very well about their investment, they have as priority only hodl, because having bitcoin is their happiness, their financial orgasm and that in itself profit it, that is having one of the most prolific assets and not thinking about sell.
You are understand!! it is a non-tangible profit difficult to explain and is especially difficult to explain for people like you who usually only think "when I sell" to be able to say "I am a winner", when perhaps that action is the most useless in the prolific sense of what bitcoin will be and perhaps always will be in holding
In simple words it is earned by the simple fact of having it, but if you have to sell it it is your decision and nobody else's and you decide.
There is no definite measure of how long we can afford to hold, for me if the market is still good and big profit opportunities can occur then hold is the better option, but if the market continues to drop then selling some is a good thing to avoid bigger losses.
in fact what you are saying is something that should be done and the action can be right.but if bitcoin clearly has very different characteristics from other coins, bitcoin will be able to increase from the current price or maybe the last ATH. the problem is can we want to hold it for a long time !!! obviously it takes at least always 4 years later after the last halving we've been through.
that possibility is rarely done, because we must have special funds available and we can use it without making changes to our investment in bitcoin. if not, of course is to do as what you have been informed. hold it while the market is still good and sell immediately if the market continues to decline. that's what we can do if we can't hold on to bitcoin for long.
Jump to: