So basically you're advising for profit to be secured when the opportunity presents itself, it's not a totally bad idea but knowing when to execute this task is where there's a problem as you would never know what'll happen next in the market, we can only speculate. The key point here would be to do whatever suits you and be ready to leave with whatever decision you take.
If you're to sell and miss out in the future gains basically you didn't miss but you won't be able to forgive yourself when you see the opportunity you missed because you weren't patience enough.
There's a strategy I read about that can be used for my investing, in which the investor would have different bags like one for taking profit and a bag for holding probably lifetime.
Topic: HODL ₿itcoin for Life, not for Lifetime. - page 6. (Read 1641 times)
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It depends on the status and value of your investment in your life. If you'll be needing your profit in just a short period of time, then just set a certain goal. If it's your lifetime investment then hodl it for a lifetime and reap what you sow in the future. It's a case to case basis and you could only decide for yourself because your decision will rely on your status.
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?
We should HODL for life, bitcoin will still give you another opportunity in the next bull run. Let's be practical on this, if you think that your money was doubled or tripled, and it will give you a good life, then it's enough already and sell it. The 2017 bull run serves as a lesson for us that we shouldn't be greedy and be more practical since it's an investment. I'm investing in bitcoin because I want to make a profit on it, and setting up a target price would be also good. Always check daily if you will still go on or if it's too much already, you're the only one who can assess it since only you know how much you've invested. 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?
HODL for Life I guess. As an individual, you must do assess if you will keep on HODLing or you must move forward by selling some of your holdings for a better cause. Yes, holding is very beneficial for Bitcoin do have unexpected bumps or rises but still you must be able to assess on yourself whether you will keep on doing that or you seek better opportunity by selling some and put it like into essential and worthy things such as funding a business where you can gain and earn a profit which is also your aim upon holding your Bitcoin. Do not sell all if you are wondering of the what ifs within your mind. It is just that you must think of alternative ways on how you can be able to manage dealing with the situation and assessing and analysing it properly so that you will not be left behind having regrets. It is just fine to HODL but not for a lifetime situation for you can be missing out other and better opportunities you can have while waiting for the bump of Bitcoin to happen. Imagine the span of years you have been waiting if we would think of it if you have hold from year 2017 up to the early months of this year. Better have back up plans and manage your funds on things that can also make you beneficial.
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?
Just Hold for life because for me holding bitcoin has a limitation and timeframe where you will be able to sell it to gain profit. When you say hold for lifetime , it means you will just hold it and there's no plan to sell. Bitcoin price is very volatile and not stable which means you need to buy when the price is low and hold it until the price go up and take your profit. Then after that you are going to buy again in deep then hold again. This is just a cycle.
It is advisable to hold but sell if you must, as simple as that.
In my opinion, the consensus is that of a HODLing position. If you can hold and hold for as long as you can, unless life throws you down. With so many indicators around we have seen that year on year BTC has provided nothing but an upwards trend.
Take this and apply it to a market visible in the next 5 years and that investment if you managed to HODL would have made you more than any other "passive investment" could ever make you.
It really is that simple.
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?
Hodl for life of course. I HODL bitcoins again for somehow a year now and I have the same experience of you hodling up too much and regretted it. I treated hodling a bitcoin as an investment because I believe that bitcoin worth will be precious in the later years but we should be definitely HODL smart and manage the bitcoin we are hodling. I hodl bitcoin for the profit I can make in it and losing the opportunity in making its money is a regrettable decision I made on the last ATH. 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?
-snip-
i completely agree with you, hodl for dear life and not for a life time, and i resonate with your 2017 experience because i was in same dream land thinking it will go even higher, in my case i was holding some alts that did really well back in 2017, i was too greedy or too stupid to sell, or perhaps i was fascinated with the size of my wallet that i forgot to do the important thing
, anyways all in the past now, it is important for us to know and recognize the right time to sell and stop being a life time holder.
Being a lifelong holder will be in vain because no transactions will be made, profit can be taken. Being a good holder certainly has a predetermined target price. Selling part of it and then buying it again would be better because there will be a profit.i completely agree with you, hodl for dear life and not for a life time, and i resonate with your 2017 experience because i was in same dream land thinking it will go even higher, in my case i was holding some alts that did really well back in 2017, i was too greedy or too stupid to sell, or perhaps i was fascinated with the size of my wallet that i forgot to do the important thing
, anyways all in the past now, it is important for us to know and recognize the right time to sell and stop being a life time holder. Selling at the highest price is certainly the best point, but we also have to have a sense of complacency with the benefits that have been obtained, if you sell too early then that's what you get. Don't be sorry and don't be too greedy.
Uncertainty with crypto is our biggest enemy, timing is crucial during the bull run, better to sell at your satisfaction, don't run for more, be safe! It is advisable to hold but sell if you must, as simple as that.
In my opinion, the consensus is that of a HODLing position. If you can hold and hold for as long as you can, unless life throws you down. With so many indicators around we have seen that year on year BTC has provided nothing but an upwards trend.
Take this and apply it to a market visible in the next 5 years and that investment if you managed to HODL would have made you more than any other "passive investment" could ever make you.
It really is that simple.
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?
We do commit mistakes and its just normal on missing out these kind of opportunities on where we can really changed up ourlives because of the profits that we had made.
Same thing that happened to me where i do have some alts in my stash and did pump on that year 2017 where i do wait up for more pumps and ending up on cashing or
converting it out almost into nothing value and that even do reminds me on how stupid and greedy i am into those days if i were able to make some selling into those days
then i might already have some good real life business at the moment since that amount is already too big for me to start.Well, shit happens and we should really learn
up from our mistakes.
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?
I also agree that it shouldn't be for a lifetime we need to focus on otherthings as well just like you if you have started a business in real life it could have changed a lot.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 was planning to have a business as well but due to some circumstance I couldn't open my own business but I hope when things got better we could achieve our own goals.
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?
Just Hold for life because for me holding bitcoin has a limitation and timeframe where you will be able to sell it to gain profit. When you say hold for lifetime , it means you will just hold it and there's no plan to sell. Bitcoin price is very volatile and not stable which means you need to buy when the price is low and hold it until the price go up and take your profit. Then after that you are going to buy again in deep then hold again. This is just a cycle.
-snip-
i completely agree with you, hodl for dear life and not for a life time, and i resonate with your 2017 experience because i was in same dream land thinking it will go even higher, in my case i was holding some alts that did really well back in 2017, i was too greedy or too stupid to sell, or perhaps i was fascinated with the size of my wallet that i forgot to do the important thing, anyways all in the past now, it is important for us to know and recognize the right time to sell and stop being a life time holder.
Being a lifelong holder will be in vain because no transactions will be made, profit can be taken. Being a good holder certainly has a predetermined target price. Selling part of it and then buying it again would be better because there will be a profit.i completely agree with you, hodl for dear life and not for a life time, and i resonate with your 2017 experience because i was in same dream land thinking it will go even higher, in my case i was holding some alts that did really well back in 2017, i was too greedy or too stupid to sell, or perhaps i was fascinated with the size of my wallet that i forgot to do the important thing
, anyways all in the past now, it is important for us to know and recognize the right time to sell and stop being a life time holder. Selling at the highest price is certainly the best point, but we also have to have a sense of complacency with the benefits that have been obtained, if you sell too early then that's what you get. Don't be sorry and don't be too greedy.
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 completely agree with you, hodl for dear life and not for a life time, and i resonate with your 2017 experience because i was in same dream land thinking it will go even higher, in my case i was holding some alts that did really well back in 2017, i was too greedy or too stupid to sell, or perhaps i was fascinated with the size of my wallet that i forgot to do the important thing
, anyways all in the past now, it is important for us to know and recognize the right time to sell and stop being a life time holder. the original HODL post described how hard it can be to trade on such a volatile market, so it's better to be patient and wait for a profit, even if you think you invested in a bad time.
He was enjoying his whiskey while making the HODL post and it was a good fun rant when the market went down 
.But some people might be taking it a bit too far, they want to never sell their coins, but it's fine - why should we judge them? If the mere fact of owning Bitcoin brings some happiness or a sense of financial security, that's good too.
The expectations for every investor is different and you cannot blame anyone for their choice, no one will be holding the coins forever even if you are the top advocate, you will end up booking your profit in the next rally or when the coins reach the insane valuation that particular investor is looking for. 
What's your opinion? Should we HODL for Life or for Lifetime?
HODL Until you get your desired price. That way, you'll minimized your greed and expectations like what happened to you, you probably hold because you didn't set a reasonable price and you expect too much which turns out to be a disappointment.
As long as you can see the high price and that price can be double or triple than the price you bought, you can sell it and wait for another dump because after the price reaches the peak, the price will go down.
Sometimes, the price will drop too deep, so you can have a chance to buy more amount than you buy before.
Disappointed and the other bad feeling will come to you if you don't sell the coin at a high price because you hold it for more and don't accept the current high price.
That will always happen to all traders, but only a trader who can know how much profit he can take will close his trading and sell at a high price.
I can assess myself as a holder but not for a lifetime holder. I'd rather have to consider the market situation and not to miss good opportunities.
That 2017 gives me a lot of learning that being a greedy person is not really good and it is very important to know about being contended to something.
I bought Bitcoin at $9k plus, but I sell it when it reaches to $12k. Maybe it could be at the wrong timing since the price keeps climbing high and even reaches to $16k but I feel no regrets because I'm still making a good profit.
That 2017 gives me a lot of learning that being a greedy person is not really good and it is very important to know about being contended to something.
I bought Bitcoin at $9k plus, but I sell it when it reaches to $12k. Maybe it could be at the wrong timing since the price keeps climbing high and even reaches to $16k but I feel no regrets because I'm still making a good profit.
What's your opinion? Should we HODL for Life or for Lifetime?
We all have different plans for life and way of holding maybe for everyone they like HODL for a lifetime and there are some who HODL for life. In my case, I choose to HODL for life simply because I want to spend my hard-earned profit for myself and my family. I know if I choose to HODL for a lifetime my children could inherit it but for me, I still want to felt it. That is one of the reasons why I entered this industry to please myself and don't have any regret. I dreamed of having a luxurious life someday, so yeah I choose to HODL for life.
Hold bitcoin for life indeed. It would be worthless if we don't use that bitcoin for any purposes.
But first, we need to win our greed. The dream of becoming wealthy always haunts us and it makes us more and more oblivious. We need to see through the shadow in order to see our true purpose, what we truly need. By that, we can defeat the demon lying inside each of us.
I was also a bitcoin holder in 2015-2017. During that time, I turn my $1000 into $100000. 100x is an outstanding number but I was blind
I wanted more and nothing could stop me. Then, I lost a huge amount of money and became depressed for many years. Thank god I escaped from this negative emotion
But first, we need to win our greed. The dream of becoming wealthy always haunts us and it makes us more and more oblivious. We need to see through the shadow in order to see our true purpose, what we truly need. By that, we can defeat the demon lying inside each of us.
I was also a bitcoin holder in 2015-2017. During that time, I turn my $1000 into $100000. 100x is an outstanding number but I was blind
I wanted more and nothing could stop me. Then, I lost a huge amount of money and became depressed for many years. Thank god I escaped from this negative emotion
business outside crypto is important for all of us not only for you because we never know what will happen in the price of crypto but we can worry less when we know that we still have another business and we are secured . why need to stay hodl when you badly need that business your planning and whats worst with you is that you end up selling your btc for shitcoins . it wouldnt be that bad if you continue hodling alone because you still have a chance to regain what you lost and that was this time because btc is now heading back again at 18k usd .
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