Topic: HODL ₿itcoin for Life, not for Lifetime. - page 4. (Read 1641 times)
Yeah, that's true, we should hold for our dear life and not for a lifetime, many people think that bitcoin could reach more and more even though the money they have is already enough for having a business which is what we reed in our life so that when we reach a 60-year-old or age of retirement we have the business that could support us. We should think of our future, if we see a good opportunity then do not hesitate to grab it.
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But for the long term itself, I probably will only keep maximally in 5 years (of course selling the coin when the price is much higher)/ or even when the target has been reached.
But for the long term itself, I probably will only keep maximally in 5 years (of course selling the coin when the price is much higher)/ or even when the target has been reached.
I invested in cryptocurrency for the first time in 2014 and I still having a majority of my coins from that time lying in my wallet even now. I don't believe in selling the coins all at once. With all of my investments, I have applied a gradual profit booking strategy, by selling small amounts at regular intervals. And for me, this strategy has worked really well. Prevents from incurring heavy losses when the prices go down, and at the same time provides enough cash in hand to take care of the monthly expenses.
What's your opinion? Should we HODL for Life or for Lifetime?
HODL for Life, wiser and fewer risks.Besides, how can we only hold our assets for a lifetime? If we only hold it means that we only keep it, how if the value is down?
I personally prefer to choose hold for life with the target. The target itself may be different, for the short or long term. But for the long term itself, I probably will only keep maximally in 5 years (of course selling the coin when the price is much higher)/ or even when the target has been reached.
Sometimes, most Bitcoin holders are getting greedy to see the drastic increase of Bitcoin, so they want maximum profit. So often don't take profit
when Bitcoin prices are at their peak, preferring HODL, because they think Bitcoin will still continue to rise. Even though we must have the courage
to take profit if the Bitcoin price increase is too high, so it will not eliminate the opportunity to get profit. Because if you are successful in taking profit,
you will definitely have the opportunity to buy Bitcoin again when the price drops.
when Bitcoin prices are at their peak, preferring HODL, because they think Bitcoin will still continue to rise. Even though we must have the courage
to take profit if the Bitcoin price increase is too high, so it will not eliminate the opportunity to get profit. Because if you are successful in taking profit,
you will definitely have the opportunity to buy Bitcoin again when the price drops.
Fair Hold for life since for me holding bitcoin incorporates a confinement and time allotment where you'll be able to offer it to gain benefit. After you say hold for lifetime , it implies you may just hold it and there's no arrange to offer. Bitcoin cost is exceptionally unstable and not steady which implies you would like to purchase when the cost is moo and hold it until the cost go up and take your benefit. At that point after merely are progressing to purchase once more in profound at that point hold once more for long run.
OP is emphasizing that holding can't be done forever. We can make some arrangement to sell it even in a few days pass after buying if the market price is enough for us to give returns. Because one reason why people are holding Bitcoin is to make money from it, not like a souvenir. We able to see that Bitcoin price is unstable and that simply tells holding is not measurable as well, gonna be just days, weeks, months, or years, depending on the market flow and the person who is holding. I'll do the hold but anytime, I'll be selling them as well.
Fair Hold for life since for me holding bitcoin incorporates a confinement and time allotment where you'll be able to offer it to gain benefit. After you say hold for lifetime , it implies you may just hold it and there's no arrange to offer. Bitcoin cost is exceptionally unstable and not steady which implies you would like to purchase when the cost is moo and hold it until the cost go up and take your benefit. At that point after merely are progressing to purchase once more in profound at that point hold once more for long run.
You touched on a good topic. Bitcoin is not just an investment to buy and sell to earn more. It is a means of payment, a store of value. So it doesn't have to be a lifetime. Nothing is for life anyway. Think of it as an asset you can spend in an important case that needs to be spent. Your investment in Bitcoins can instantly make you wealthy. But you mustn't push yourself financially. When you see that the asset has the potential to increase in price, you can buy it and sell it when it is really necessary for you and when you think that this increase is enough for you. 
it is totally fine to hold bitcoins for life but for me it is situational. If you are holding large quantity of bitcoin you may hold it knowledgeably , maybe after years bitcoin will still be dominant in crypto currency. Even if i have more bitcoin if bitcoin price reaches $50000 i will probably sold it. Just i say its just situational to hold bitcoin depends on how you think most importantly you can gain profit from it.
Well in my case I will hold and sell if the right time comes. We are investing to gain from it thus if we hold for lifetime we are letting to passed by the opportunity to take profit if the market is in bull.
Thats why im investing with plan on when to take profit, my strategy to use and a set target price to let go my bitcoin. Then buy back once the market turn bearish again, this way I can maximize my profit as long as I have patience to wait. Of course there are times that im greedy to earn more but we dont know whats ahead so better focus to the current status of your investment because its a certain profit that you can get now.
Thats why im investing with plan on when to take profit, my strategy to use and a set target price to let go my bitcoin. Then buy back once the market turn bearish again, this way I can maximize my profit as long as I have patience to wait. Of course there are times that im greedy to earn more but we dont know whats ahead so better focus to the current status of your investment because its a certain profit that you can get now.
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What's your opinion? Should we HODL for Life or for Lifetime?
HODL lifetime! so when will you enjoy your Bitcoin...What's your opinion? Should we HODL for Life or for Lifetime?
Human lifespan is very short and we don't know when it will end so it's not good too long HODL. I am not a long holder because of my heavy needs and I am also a trader. opening a real side business or investing in real estate other than focusing on Bitcoin is wise.
There crypto market cost is actually unstable, in this way, holding will grant you nothing. Holding alone isn't enough. In the event that you're pointing for benefit, you should know when to hold and once you will offer your possessions. Profound showcase investigation hence is additionally required. The market esteem will not persistently increment as months or a long time is passing by. There will be era wherein the showcase is moo, which are moreover times wherein contributing could be a great thing.
What's your opinion? Should we HODL for Life or for Lifetime?
I think as follows:
when someone buys bitcoin and earns bitcoin that person must set a price target where he will sell, it is not possible for the person to simply say: "I will do HODL..." and do not know when he will sell.
Today the price may be $18,000, 4 years from now $100,000, but the person may not have the same health or lifestyle in 4 years, for that reason it is necessary to set a price target to sell
There are certain favorable conditions for each investment that can be used to maximize investment success. The decision to hold the assets or shares in the hope of future profits is positive but the potentiality of the asset must be considered. On the same, holding Bitcoin is a good decision, but its future market analysis must be considered. When the market price reaches a peak, it may be a better decision to sell Bitcoin and wait for a repurchase. However, in this case, the subject of market analysis has to be done properly, but more will be possible to achieve.
Most crypto users are familiar with the HODL (Hold On for Dear Life). It's a good thing if you can HODL. I want to say HODL for dear life, not for lifetime. There is a reason why am I saying that. During the last bull run in 2017, I had more than enough funds to start a real life business by selling my Bitcoin. And to be honest, starting a real life business was too important for me since I was doing a job abroad. But sadly, I was greedy and had been waiting for more bumps. Eventually, I regret and now I can't do anything with that fund since bought a dew worthless shitcoin.
So if I HODL for dear life, then I should sell it for my need. Even I would won more BTC now since there were many opportunities when bitcoin dropped up to $3K.
What's your opinion? Should we HODL for Life or for Lifetime?
So if I HODL for dear life, then I should sell it for my need. Even I would won more BTC now since there were many opportunities when bitcoin dropped up to $3K.
What's your opinion? Should we HODL for Life or for Lifetime?
I agree, we hold bitcoin just for life and not for lifetime because we still need to sell bitcoin that we have in order to live. Only those person who died and didn't pass their bitcoin to their family will hold it for lifetime because nobody can access their bitcoin forever unless their is a hacker that can hack their account.
Most crypto users are familiar with the HODL (Hold On for Dear Life). It's a good thing if you can HODL. I want to say HODL for dear life, not for lifetime. There is a reason why am I saying that. During the last bull run in 2017, I had more than enough funds to start a real life business by selling my Bitcoin. And to be honest, starting a real life business was too important for me since I was doing a job abroad. But sadly, I was greedy and had been waiting for more bumps. Eventually, I regret and now I can't do anything with that fund since bought a dew worthless shitcoin.
So if I HODL for dear life, then I should sell it for my need. Even I would won more BTC now since there were many opportunities when bitcoin dropped up to $3K.
What's your opinion? Should we HODL for Life or for Lifetime?
So if I HODL for dear life, then I should sell it for my need. Even I would won more BTC now since there were many opportunities when bitcoin dropped up to $3K.
What's your opinion? Should we HODL for Life or for Lifetime?
I really got you point. I think it is still good to hodl but we should also study the prices, if we know that we can have an income for selling it I think we should also consider selling it. I am not telling all but at least half of it I think and half of it will be your long term investment , at least you won't regret that you didn't sell when the price was really right to sell. Hodl for life would be my answer I guess.
Why would we even hold it for a life time?
We are buying it to use it in a certain time to take our profit or until we had enough.
What's the use of holding it for a life time are you buying it now so that your grand kids could use it?
I think no one have this kind of plan right now unless you are old enough and wants to make sure your family could live a good life with it.
We are buying it to use it in a certain time to take our profit or until we had enough.
What's the use of holding it for a life time are you buying it now so that your grand kids could use it?
I think no one have this kind of plan right now unless you are old enough and wants to make sure your family could live a good life with it.
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Hahahaa .... maybe not, I have a few other coins that I will be selling for now.
And I'm not going to sell bitcoins right now, because I have a prediction that the price will continue to go up ....
But, thanks for reminding me
And I'm not going to sell bitcoins right now, because I have a prediction that the price will continue to go up ....
But, thanks for reminding me
That is great. You can expect to make a profit from the other coins. But for bitcoin, you can sell it or hold it for the next high price so that you can make a bigger profit. It needs patient and calms down to wait for the high price.
Everyone should be aware and updated on what is happening when they have holdings, because a bull run may happen any time and dumping also happens any time, we all know that because the nature of cryptocurrency is the changing of value as time passes by, the volatility that we say, it is passive. So the plan to hold it for a lifetime is not good, because as you can see as of now the price of bitcoin rises up and continuously rising up, this is the right time to sell you holdings but still, there is a possibility that it will continue to rise up, it's your choice by the way.
Yes, you are right. The down already happened yesterday, and today, the price increases again. But bitcoin price will go up and touch the high price, and maybe that can break $19k as we already have seen $18k before. Holding bitcoin will not be a problem, but we need to know when to sell, and hopefully, when we sell our bitcoin, we can sell it at a high price.
It should be 'Hodl for life' and not for a lifetime 
. When I see people saying that they are going to hold for a lifetime I find it funny; and what I mean by finding it funny is that none of those people are practicing what they preach, they are just doing it to hype Bitcoin and convince others to keep holding when they are doing another thing.
I do agree, their practice is exactly the opposite of what they are doing. They convince other people to keep on holding while they already do things like selling their bitcoin or what. . When I see people saying that they are going to hold for a lifetime I find it funny; and what I mean by finding it funny is that none of those people are practicing what they preach, they are just doing it to hype Bitcoin and convince others to keep holding when they are doing another thing.I have also seen people that say they are going to hold their Bitcoin until it reaches $100,000. LOL that’s the real definition of greediness, seriously, these people are making it seem like they are die-hard, but they are just being greedy.
I think this does not define greediness, it is just they are hoping too much. Most of the time, they keep on telling that after this date the price of bitcoin would be this high which is exactly not easy to achieve a high price. Bitcoin is good, but you should as well consider other things, when you invest and get money you should use the money to invest in other businesses and then if you get a lot of money from those, you can then invest back more in bitcoin.
Yes, like considering to put up your own business to have a passive income or investing back to bitcoin and not just buying things you do not need. Instead of circulating the money and have more money, you end up losing all the money you have. 
Yes.... i gree with you, and i am do it system like you since 2017.
So, i am HODL bitcoin or whatever coins since 2017. And if if there is a sudden need, I will withdraw the coins as needed.
And i am do it that system until now.
So, i am HODL bitcoin or whatever coins since 2017. And if if there is a sudden need, I will withdraw the coins as needed.
And i am do it that system until now.
Do not forget to sell your bitcoin, especially at a price now, because the price can increase so high in a few weeks. Maybe you can make a target sell price and place your order sell at the exchange, so you won't miss the chance to sell the bitcoin. We never know when the bitcoin price will stay at the top price and down to the lower price. Finally, the price now is back to $18k, and we maybe see another highest price this week.
You should really have that target or goal because chances for you to sell doesnt really come often so its better to secure profits and dont waste up the chance on where the market
is giving on you.We should not have that kind of mindset on holding life forever because it is much wiser to do if we do sell for sometime if we do saw that we are already on greens.
Dont waste up chances to make money on shorter duration because it is much more better compared if you do held up for too long but only gaining some percentage amount
which is lesser if you have done selling a bit earlier on active manner and also we do have different needs in life and situation which means if we do need to sell then we must
do it without any hesitation.
TBH never again I will hodl all my assets. Should've sold part of my BTC at 2018 ATH, but as it's nicely put above, greed got the best of me. I still hodl and have some untouchable funds, but a big chunk of my BTC was cashed out at $17k
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