bitcoin is not a share that capitalizes dividends, if you have a 1BTC it will always be a 1BTC, unless you sell in positive returns for Fiat, it is that simple, then you make a profit.
The hodl does not come with a fine print manual explaining where to sell, it is an individual decision. If you sold at 50k and bought now 32k (e.g.) now you have 1.56 BTC, if you didn't do anything you still have 1BTC, what is the problem?
Topic: Hodl is not the best option as it seems (Read 1259 times)
If you are talking about Bitcoin then Hodling is the best option, if you are talking about other altcoins then Trading will be the best option. You cant hold alts for long blindly and hope that you will have profit. On the other hand, Bitcoin is to be held for long, doesn't matter at what price you have bought. It will go up eventually and hopefully made legal tender in many countries.
There may be some users who want to hold on to all of their coins for another 10 years, but the vast majority here are not thinking that way. I would also call myself a long term holder. Because I still hold a majority of the coins from my first purchase (in January 2017). But during the last 4 years, I have sold some of my coins and booked profit. What proportion of the stash you need to sell depend on your financial condition. Because it is certain that in the long term Bitcoin will go up by 5x or even 10x. But you need to sell some of your coins, if your financial condition is not good.
Real investors are here for a long-term gain; some even add more quantity to their portfolio when the price reached another dip.
HODL is really not always the best option, the price is unexpected, and we might need funds for cashout.
Just invest the right amount that won't risk your financial security.
HODL is really not always the best option, the price is unexpected, and we might need funds for cashout.
Just invest the right amount that won't risk your financial security.
It is absolutely impossible for everyone to enter the market at the same time. Those who bought bitcoin at $50k believed it will rise even higher than their entry point and so make profits. However, due to the twist of event, the price of bitcoin fell and they are in loss which is only true if they did sell at a loss.
The only way to not end in a loss is to actually keep on hodling. This bearish run will end someday and the price of bitcoin will hit new ATHs and the hodlers will be glad they held on.
The only way to not end in a loss is to actually keep on hodling. This bearish run will end someday and the price of bitcoin will hit new ATHs and the hodlers will be glad they held on.
Repeat the cycle every 4 years, even to the grandmother do not go:
1) high April 13, 2013, bottom July 1, 2013, then a lot of X's for the new year
2) high June 5, 2017, bottom July 10, 2017, then a lot of x's for the new year
3) high April 12, 2021, bottom ... july 2021, then a lot of x's for the new year
It's easy to mentioned to watch for halving because this happens every 4 years as what you mentioned.1) high April 13, 2013, bottom July 1, 2013, then a lot of X's for the new year
2) high June 5, 2017, bottom July 10, 2017, then a lot of x's for the new year
3) high April 12, 2021, bottom ... july 2021, then a lot of x's for the new year
but what are we waiting this end year? because this is all that matters.
It depends how you respond to that. because hodl is also commonly done by people who are learning to trade and then get carried away by FOMO. but if you have a good pre-existing understanding, cutting losses will make you much better. it will keep you from losing and making profit in a faster time than having to hold it.
Agreed , but i am not cutting losses totally mate because i only tend to use half of my holdings to sell and buy when the price drops again and the remaining 50% will be keep for at least there is a Bull market happens continuously .Start to 300 000 dollars soon, price became 1100 after 6 months:
Bitcoin just fell down to 39k plus per 1, and those that held/bought bitcoin while it was at 50k have no benefit of holding bitcoin at 50k per 1 instead they lost money. lets say those that will buy at 39k per 1 will have more benefits when its spikes again to 50k. So those that enjoyed holding bitcoin at 50k hoping that it will hit another ATH will have to wait for bitcoin to hit another 50k but still got no profit, while the 39k buyers will profit 11k dollars. My question is why is they no extra profit for early holders when the price falls and rises agian?
You don't expect that everyone will get into the market at the same time and buy in the same amount. It is possible also that those that bought at $39k can also witness a drop in price after they buy in and have to wait for a recovery to make their investment plus profits and some other investors would have bought in from less and just start to make profit. So that cannot be an argument for why HODL is not a good strategy because the ability to HODL is profits guaranteed.
HODL is still [the best choice if it is hit by a high price like the current situation. The most important thing is to have a reserve fund to buy at a deep price.
if you don't hold it you have to know how much you are going to lose. Don't waste your money cutting loss is not very good. after the bearish market, of course there will be a time for a bullish market.
I agree. I believe most investors still don't believe that there's going to be a Bull market again perhaps that's why they end up cutting their losses whenever the market start's to dip because if they do, they would have understood that it might take sometime but they will surely recover their losses back and then some profits as well. if you don't hold it you have to know how much you are going to lose. Don't waste your money cutting loss is not very good. after the bearish market, of course there will be a time for a bullish market.
Repeat the cycle every 4 years, even to the grandmother do not go:
1) high April 13, 2013, bottom July 1, 2013, then a lot of X's for the new year
2) high June 5, 2017, bottom July 10, 2017, then a lot of x's for the new year
3) high April 12, 2021, bottom ... july 2021, then a lot of x's for the new year
It's easy to mentioned to watch for halving because this happens every 4 years as what you mentioned.1) high April 13, 2013, bottom July 1, 2013, then a lot of X's for the new year
2) high June 5, 2017, bottom July 10, 2017, then a lot of x's for the new year
3) high April 12, 2021, bottom ... july 2021, then a lot of x's for the new year
but what are we waiting this end year? because this is all that matters.
It depends how you respond to that. because hodl is also commonly done by people who are learning to trade and then get carried away by FOMO. but if you have a good pre-existing understanding, cutting losses will make you much better. it will keep you from losing and making profit in a faster time than having to hold it.
Agreed , but i am not cutting losses totally mate because i only tend to use half of my holdings to sell and buy when the price drops again and the remaining 50% will be keep for at least there is a Bull market happens continuously . 
It depends how you respond to that. because hodl is also commonly done by people who are learning to trade and then get carried away by FOMO. but if you have a good pre-existing understanding, cutting losses will make you much better. it will keep you from losing and making profit in a faster time than having to hold it.
Repeat the cycle every 4 years, even to the grandmother do not go:
1) high April 13, 2013, bottom July 1, 2013, then a lot of X's for the new year
2) high June 5, 2017, bottom July 10, 2017, then a lot of x's for the new year
3) high April 12, 2021, bottom ... july 2021, then a lot of x's for the new year
1) high April 13, 2013, bottom July 1, 2013, then a lot of X's for the new year
2) high June 5, 2017, bottom July 10, 2017, then a lot of x's for the new year
3) high April 12, 2021, bottom ... july 2021, then a lot of x's for the new year
Bitcoin just fell down to 39k plus per 1, and those that held/bought bitcoin while it was at 50k have no benefit of holding bitcoin at 50k per 1 instead they lost money. lets say those that will buy at 39k per 1 will have more benefits when its spikes again to 50k. So those that enjoyed holding bitcoin at 50k hoping that it will hit another ATH will have to wait for bitcoin to hit another 50k but still got no profit, while the 39k buyers will profit 11k dollars. My question is why is they no extra profit for early holders when the price falls and rises agian?
You are wrong mate because we have different perspective in our investment strategy and some wanted to earn sooner others wanted to earn longer .Like me i once love daytrading but ended up a loser for most of the time , that's why instead of day trade? i focus in holding and yeah i made profits in good terms.
In my opinion, holding your tokens in the long term is better for you than selling at the wrong time and losing your assets. If you have experience, you can know when to hold your tokens, when to sell and when to buy, And all this you know from technical analysis of the market. My advice is to set a goal and not be greedy and hodl your coins until you find profits that suit you
I already regretted holding too much altcoins before, but never regrets it holding my bitcoin's before. Bitcoin still have lots of future ahead whether with Elon or not since adoption can still go wide in the future. Holding is not a problem but how we were able to cope up in the situation. It will better not to look at the chart or prizes especially if we only plan to hold than to get stress when we see it drop. Set your goal upto how much or when you'd be using you're investment. Elon doesn't matter. Why would Elon matter? You mean his tweets may determine the future of Bitcoin? Whatever, but with the first part of your post you are right. Holding your Bitcoins would have been much better in most cases than holding any of the alt coins. It just looked like the alt coins had more or better profit potential in terms of the X they could go up, but it ended being up ill-considered.
For a few of them it was true that they outperformed Bitcoin, but for the vast majority it was a mistake to hold the alt coin instead of Bitcoin. Now it is the same situation where you could think what is the right thing to do. There will again be a few alt coins that outperform Bitcoin and Bitcoin is so expensive that it is not as easy to believe it will go up multiple X from here.
~My question is why is they no extra profit for early holders when the price falls and rises agian?
we can't force trading strategies on other people, everyone must have a basis for consideration to hold or cut loss and then buy at the dip. what we think is good is not necessarily like that in the eyes of others. fluctuations in the crypto market are very large, this is quite complicated, so it is better to have a basic knowledge of investment and the crypto ecosystem so that it is not easy to get caught up in money and money or panic buy and sell.Actually, there is no such thing as "the best option" for making an investment. There are many kinds of really good strategies. And I believe that HODL is one of them. But it requires a really big patience. It may even take years to reach your price goal. If you aren't ready for that, then it is the best to look for another options.
this is what i mean. All strategies have their own challenges. we must be able to determine which is the most suitable and in accordance with our abilities.
Actually, there is no such thing as "the best option" for making an investment. There are many kinds of really good strategies. And I believe that HODL is one of them. But it requires a really big patience. It may even take years to reach your price goal. If you aren't ready for that, then it is the best to look for another options.
Bitcoin just fell down to 39k plus per 1, and those that held/bought bitcoin while it was at 50k have no benefit of holding bitcoin at 50k per 1 instead they lost money. lets say those that will buy at 39k per 1 will have more benefits when its spikes again to 50k. So those that enjoyed holding bitcoin at 50k hoping that it will hit another ATH will have to wait for bitcoin to hit another 50k but still got no profit, while the 39k buyers will profit 11k dollars. My question is why is they no extra profit for early holders when the price falls and rises agian?
You can never predict the crypto market with 100% accuracy, the fall of Bitcoin from ATH was immanent and majority of the people who bought at $50k thought about making short term profit. Investment in bitcoin always gives you profit, but time duration after which one can earn profit might vary. Holding is the ultimate option an investor choose.
Logically, when people who buy at a high price will certainly experience a loss if they sell it below the purchase price, it is clear that it will not provide a profit even though the market price has fallen and then rose again. for those who buy at the price of $ 50 of course with the aim of being able to make profits in a short period of time, but market conditions have fallen deeper. one of the options they have to do is change their mainset to make short-term trades by holding for a long time in order to get the desired profit
Real investors didn't buy bitcoin to get a quick profit. The market was full of hope for further growth, but from the known events it became clear how easy it was to break this bullish trend and reverse the growth. But even if this happened, this does not mean that you need to fix losses and sprinkle ashes on your head. Instead, be patient and mind your own business. Investing is not about where you spend your last money, it should be done with "free" money. The fall in bitcoin has always been followed by even greater growth, I am sure it will be so in the future.
In my opinion, holding your tokens in the long term is better for you than selling at the wrong time and losing your assets. If you have experience, you can know when to hold your tokens, when to sell and when to buy, And all this you know from technical analysis of the market. My advice is to set a goal and not be greedy and hodl your coins until you find profits that suit you
I already regretted holding too much altcoins before, but never regrets it holding my bitcoin's before. Bitcoin still have lots of future ahead whether with Elon or not since adoption can still go wide in the future. Holding is not a problem but how we were able to cope up in the situation. It will better not to look at the chart or prizes especially if we only plan to hold than to get stress when we see it drop. Set your goal upto how much or when you'd be using you're investment. 
Bitcoin just fell down to 39k plus per 1, and those that held/bought bitcoin while it was at 50k have no benefit of holding bitcoin at 50k per 1 instead they lost money. lets say those that will buy at 39k per 1 will have more benefits when its spikes again to 50k. So those that enjoyed holding bitcoin at 50k hoping that it will hit another ATH will have to wait for bitcoin to hit another 50k but still got no profit, while the 39k buyers will profit 11k dollars. My question is why is they no extra profit for early holders when the price falls and rises agian?
You can never predict the crypto market with 100% accuracy, the fall of Bitcoin from ATH was immanent and majority of the people who bought at $50k thought about making short term profit. Investment in bitcoin always gives you profit, but time duration after which one can earn profit might vary. Holding is the ultimate option an investor choose.
In my opinion, holding your tokens in the long term is better for you than selling at the wrong time and losing your assets. If you have experience, you can know when to hold your tokens, when to sell and when to buy, And all this you know from technical analysis of the market. My advice is to set a goal and not be greedy and hodl your coins until you find profits that suit you
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