Topic: HODL, HODL, HODL when can one actually sell Bitcoin? - page 2. (Read 1921 times)
Previously I talked about this topic of investors and well, everything depends on the people, in general, the people who want to sell or is it because they need the money or to acquire more profits, so they buy cheap and then sell expensive, but how does this happen? basically this movement is applied in long-term investors where for example. BTC is in a bearish chain and resists at $35k and you decided to buy (do not be alarmed and sell everything) we have to be patient and wait for this to have a bullish chain (this will happen thanks to the fact that cryptocurrencies are volatile) reaching $50 k is right at this moment where it could be sold since you are seeing a lot of profits… it is at that moment where I think it could be sold.
When someone wonders how long to hodl bitcoin. It is because people follow a purpose and already feel tired.
If you need to sell some bitcoin, sell it.
It happened to me once, and it was for a good cause.
If you feel tired to hold, it means you have no good trust in your investment. If you need to sell some bitcoin, sell it.
It happened to me once, and it was for a good cause.
Why do you feel tired? You must buy crypto coins in hurry, then you set a target without good analysis. So, finally, you sold your coins because you give up to see the current market trend. Is it true?
You must get a big lesson after selling it carelessly. In the future, you need to do the deepest analysis before buying and selling a coin. Don't regret it after buying or after selling a crypto coin.
When someone wonders how long to hodl bitcoin. It is because people follow a purpose and already feel tired.
If you need to sell some bitcoin, sell it.
It happened to me once, and it was for a good cause.
As soon as I sold it I felt the desire to buy more to meet the goal I set for myself.
That's the great thing about bitcoin that it's never too late to buy again.
We must drive away negative ideas about bitcoin because we have the opportunity to earn the benefit of owning it.
If you need to sell some bitcoin, sell it.
It happened to me once, and it was for a good cause.
As soon as I sold it I felt the desire to buy more to meet the goal I set for myself.
That's the great thing about bitcoin that it's never too late to buy again.
We must drive away negative ideas about bitcoin because we have the opportunity to earn the benefit of owning it.
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?
Literally, There is no such specified time to for selling or buying your bitcoin, reasons are:
I. Traders/Investors do not enter the market and buy at same time
ii. Investors/traders do not as well hit the sell button also at same time, thus ( free entry and free exit .
Therefore if there's such a specified time when people will sell their BTC thus everybody will likely do the same thing ,
Hence there will no profiting opportunity.
There no law that exit in crypto that says you shouldn't sell, hodl and sell your BTC when it increased either by
+20%,
+30% ,
+50%,
+💯
Holding isn't mandatory, but the benefits of the same is big. Almost every cryptocurrency user have experienced it. It is suggested to hold, based on the growth happened in the market with time. If you're good in trading, then one can make good profit out of the fluctuation. Here very few will be successful with their indepth knowledge and observation about different cryptocurrencies. Majority just consider it an investment and keeps hold. Here also users get lucky to profit in short term as well as in long term.
Majority HODL bitcoin after facing loss in day or short term trading. HODL is best strategy to gain profit in BTC. As far as OP question is concerned that when to sell, IMO there is no best time to buy and sell. It all depends on your personal strategy , there is no point in HODLing your coins if you are getting decent profit. I sell me holdings if I see profit around 30 to 40%
There is no point in holding when you are not spending the profit. I agree to this. There is no best time to sell or buy Bitcoin as long as you need it. Or if you have set something like a 50% profit, you will now sell your coin or buy more. My personal strategy was to go for 50% and cut my losses at around 60% too, but cutting losses depends if there are no developments to or new updates to the coin.
but for bitcoin then its not really needed since we've seen its potential where recovery is always next on line.
Selling decisions would really vary into each person.Some would really be holding until the very end and some would really be selling on a particular point
or depending on preference.
Profits isnt materialized until you do sold them.So there's always that kind of wrong belief on this case.
Holding isn't mandatory, but the benefits of the same is big. Almost every cryptocurrency user have experienced it. It is suggested to hold, based on the growth happened in the market with time. If you're good in trading, then one can make good profit out of the fluctuation. Here very few will be successful with their indepth knowledge and observation about different cryptocurrencies. Majority just consider it an investment and keeps hold. Here also users get lucky to profit in short term as well as in long term.
Majority HODL bitcoin after facing loss in day or short term trading. HODL is best strategy to gain profit in BTC. As far as OP question is concerned that when to sell, IMO there is no best time to buy and sell. It all depends on your personal strategy , there is no point in HODLing your coins if you are getting decent profit. I sell me holdings if I see profit around 30 to 40%
There is no point in holding when you are not spending the profit. I agree to this. There is no best time to sell or buy Bitcoin as long as you need it. Or if you have set something like a 50% profit, you will now sell your coin or buy more. My personal strategy was to go for 50% and cut my losses at around 60% too, but cutting losses depends if there are no developments to or new updates to the coin.
Holding isn't mandatory, but the benefits of the same is big. Almost every cryptocurrency user have experienced it. It is suggested to hold, based on the growth happened in the market with time. If you're good in trading, then one can make good profit out of the fluctuation. Here very few will be successful with their indepth knowledge and observation about different cryptocurrencies. Majority just consider it an investment and keeps hold. Here also users get lucky to profit in short term as well as in long term.
Majority HODL bitcoin after facing loss in day or short term trading. HODL is best strategy to gain profit in BTC. As far as OP question is concerned that when to sell, IMO there is no best time to buy and sell. It all depends on your personal strategy , there is no point in HODLing your coins if you are getting decent profit. I sell me holdings if I see profit around 30 to 40%
Holding isn't mandatory, but the benefits of the same is big. Almost every cryptocurrency user have experienced it. It is suggested to hold, based on the growth happened in the market with time. If you're good in trading, then one can make good profit out of the fluctuation. Here very few will be successful with their indepth knowledge and observation about different cryptocurrencies. Majority just consider it an investment and keeps hold. Here also users get lucky to profit in short term as well as in long term.
Majority HODL bitcoin after facing loss in day or short term trading. HODL is best strategy to gain profit in BTC. As far as OP question is concerned that when to sell, IMO there is no best time to buy and sell. It all depends on your personal strategy , there is no point in HODLing your coins if you are getting decent profit. I sell me holdings if I see profit around 30 to 40%
Well, the ideal is always that those who own BTC want to save it and even more so knowing that their last ATH was very good, and considering that the next ATH will be much better than the last one, it is a matter of patience to wait like this for about 4 or 5 years but it is something that will really be worth doing.
Having an idea of these things, what some hodlers do is sell when the price is at its maximum ATH, well, everyone can determine it according to their experience and then once they sell a part, what they do is enjoy that money, Whether it's travel or improvements in your life, it's normal. I think this is a way to do it well, this is how Jesse Livermore did it and he said it in his books as advice.
Holding isn't mandatory, but the benefits of the same is big. Almost every cryptocurrency user have experienced it. It is suggested to hold, based on the growth happened in the market with time. If you're good in trading, then one can make good profit out of the fluctuation. Here very few will be successful with their indepth knowledge and observation about different cryptocurrencies. Majority just consider it an investment and keeps hold. Here also users get lucky to profit in short term as well as in long term.
Majority HODL bitcoin after facing loss in day or short term trading. HODL is best strategy to gain profit in BTC. As far as OP question is concerned that when to sell, IMO there is no best time to buy and sell. It all depends on your personal strategy , there is no point in HODLing your coins if you are getting decent profit. I sell me holdings if I see profit around 30 to 40%
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.
Holding cryptocurrency is not that is mandatory to hold, but the reasons of holding for long time. Is because of profit and lose. If you hold coin for long time, the opportunity of having good benefits of the coin is close. Why if you buy and sell immediately you can make big profit or small profit and at times it lands by getting lost of your coin. That is the point why people like to hold coins and is not Bitcoin alone but some other cryptocurrency 
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?
HODL doesn't mean that you have to HODL for you rest of your life. (You can sell it anytime if needed)How then do we say we have made money from it if we don't sell?
Let me tell you a simple strategy to hold Bitcoin which I think better for you.
That is: If you bought the Bitcoin at the price of 40K and you Hodl and the price goes to 80K so I will recommend to sell half of your Bitcoin. (If needed). And will recommend to hodl half of your Bitcoin again.
Note: if you find a dip again you can buy again and you can Hodl it again.
By doing this you can get profit and can hodl Bitcoin too.
In my opinion, regarding how long the holding is relative or rather flexible, there is no limit to the price at which they can be sold. Everyone has their own opinion and desire, some are satisfied with a 50% profit and then sell it, some choose to hold on because they are sure of big results in the future.
for those who haven't mastered trading, I think holding is better, and when to sell it I think when we are profitable and can match the set targets, but if we haven't reached the target and we want to sell, I think this is also better than us experience a panic sell later which results in losses
When you see a market drop like now then holding is better, in investing and trading we have to be patient, most people panic easily when they see a market drop, in fact now is the time to buy more, and I have invested around $390 to buy bitcoin because I believe the market will soon recover tomorrow or the day after and immediately skyrocket like the previous year.
We have two chances when the price of the coin you invested, go down. If you have enough money then yes invest it when the price is kai so that you can average the loss and sell off all those coins at profit when there coin grows a bit But yes holding is a great tool given to us to take a breath and sell at profit when it goes up. Unless and until you are in a immense need of money, never sell at loss.
everyone has their own trading investment management...
when we hold and when we have to sell it.
what is certain is that we sell it when we are satisfied with the profit and also sell it when we need money for which there is no other way but to sell it without looking at the price because this is what I have done
Don't ever look back when you do tend to sell out on a specific price because tendency of having those regrets specially if the price had risen up more then it would be likely this would happen.when we hold and when we have to sell it.
what is certain is that we sell it when we are satisfied with the profit and also sell it when we need money for which there is no other way but to sell it without looking at the price because this is what I have done
Hodl when you do see the price could shoot up in the future and active sell and buy when you do see some opportunity.This had been always the typical case
because not all would really be deciding to hold for long.
This is actually in depends on someones preference because we do all doesn't have the same mindset when it comes to things and made out
decisions.
everyone has their own trading investment management...
when we hold and when we have to sell it.
what is certain is that we sell it when we are satisfied with the profit and also sell it when we need money for which there is no other way but to sell it without looking at the price because this is what I have done
when we hold and when we have to sell it.
what is certain is that we sell it when we are satisfied with the profit and also sell it when we need money for which there is no other way but to sell it without looking at the price because this is what I have done
Now is the time for the market correction. And if this situation continues for a couple of days, most bitcoiners will start panic selling, But the opposite should be done. More and more Bitcoin should be bought during the correction so that swing trading can be done perfectly. And if one does not want to do swing trading, then split your money, buy Bitcoin in a few steps during the bearish market and fix the profit after some days later when the market will be pumped. If you can afford to hold for a long time, it is better to HODL, and if you want to fix profit, it is better to sell in the bullish market. and when you sell, don't rush, don't sell all your coin at once, split it and sell smoothly.
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if we hold on to it, when we will enjoy it, of course we must have a target time. For example, investing in bitcoin for our children's college fees later, so we hold on until that time comes. otherwise we can enjoy it every time we form a new ath and buy back when there is a correction, so we can often enjoy it, even fortunately we can diversify into other assets
if as you say, it looks more inconsistent in determining planning.if indeed the target is time, as much as possible be consistent with the plan that has been made. even if there is a pump, don't ever expect to sell it.
if that happens, then your planning instantly turns into value. which has not even been determined in advance to sell at what price.
more precisely, carried away by market trends. and usually, such people are day traders. not a long-term holder.
Now is the time for the market correction. And if this situation continues for a couple of days, most bitcoiners will start panic selling, But the opposite should be done. More and more Bitcoin should be bought during the correction so that swing trading can be done perfectly. And if one does not want to do swing trading, then split your money, buy Bitcoin in a few steps during the bearish market and fix the profit after some days later when the market will be pumped. If you can afford to hold for a long time, it is better to HODL, and if you want to fix profit, it is better to sell in the bullish market. and when you sell, don't rush, don't sell all your coin at once, split it and sell smoothly.
if we hold on to it, when we will enjoy it, of course we must have a target time. For example, investing in bitcoin for our children's college fees later, so we hold on until that time comes. otherwise we can enjoy it every time we form a new ath and buy back when there is a correction, so we can often enjoy it, even fortunately we can diversify into other assets
if as you say, it looks more inconsistent in determining planning.if indeed the target is time, as much as possible be consistent with the plan that has been made. even if there is a pump, don't ever expect to sell it.
if that happens, then your planning instantly turns into value. which has not even been determined in advance to sell at what price.
more precisely, carried away by market trends. and usually, such people are day traders. not a long-term holder.
if we hold on to it, when we will enjoy it, of course we must have a target time. For example, investing in bitcoin for our children's college fees later, so we hold on until that time comes. otherwise we can enjoy it every time we form a new ath and buy back when there is a correction, so we can often enjoy it, even fortunately we can diversify into other assets
Personally: I sell around 20-50% as the price hits 20-50% over last ATH.
And then I re-buy the same way, in parts, as the price drops again.
I don’t always make good profits out of it, but I usually come out 5-25% better then if I had not touched it.
in fact, this is the right thing to do when it comes to selling bitcoins. when we have seen ATH, or see a high price, selling some of the asset, or a few percent of it is the right thing, and buying back can be the right decision too. however, many people are confused about when to sell their assets, so they sometimes miss the train. So, sell 50% or less of it when the price is high, or you feel you've got your profit. And then I re-buy the same way, in parts, as the price drops again.
I don’t always make good profits out of it, but I usually come out 5-25% better then if I had not touched it.
I think some people continue hold the bitcoins they own, no matter ATH or bear market it's because they still believe in higher prices, and, their needs are met by other incomes so they are comfortable withholding it.
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