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Topic: HODL Will Stand When All Else Falls! (Read 600 times)

newbie
Activity: 102
Merit: 0
March 07, 2018, 01:50:59 AM
#62
The secret is not just hodling but also limiting yourself in checking the price movements when everything is falling.
hero member
Activity: 980
Merit: 523
March 07, 2018, 12:36:06 AM
#61
Of course the recovery will not come very soon. We have just to wait a bit, at least hold our coins till spring and watch the situation on the market this time.
Recovery for now is already showing its head, but like you said, we have to wait for the full recovery when there is full assurance that the market is back. For now, even with the recovery or not, it is best to always hold position in the market and see the dips as opportunity to hold more. We do not know what the future holds, but the sure thing is that bitcoin has a great future.
full member
Activity: 448
Merit: 100
DOMINIUM - Decentralised property platform
March 05, 2018, 11:30:32 PM
#60
HODL is the only thing you could do whenever bitcoin drops. Why would somebody would sell their bitcoin at a losing price? Because they don't have the heart to HODL their crypto assets in times of crisis because they're weak enough to do so. But those who HODL no matter how tough it can be, they are rewarded with a better profit as bitcoin rises back again.
full member
Activity: 658
Merit: 102
March 05, 2018, 11:18:42 PM
#59
I consider hodling is one of the best strategies to earn profits for long term. Many well-known investors in the stock market also used this kind of strategy and raked up a lot of profits. Hoding is already proven effective in cryptocurrency investment and many of the early bitcoin holders or users are now richer. When bitcoin price is falling, many bitcoin particularly the neophyte investors have the tendency to sell their bitcoin in panic and they have already forgot that bitcoin will recover soon.
hero member
Activity: 1050
Merit: 529
March 05, 2018, 10:21:08 PM
#58
I'd rather sell during ATH than waiting for another one to happen, i tend to take advantage of high and lows of the market so for me HODLING is nahhh..
i can easily enter the market again when everyone falls  Cheesy
Ah.. The traditional trading way. It's a great way for everything else but BTC. Consider you bought at $500 and sold at the then ATH of $1000, now after that price never went back to $500 you never got the chancr to buy back at $500. Maybe you bought later at $2000, but the person that bought at $500 and held, he made more profit than you as of now.
full member
Activity: 204
Merit: 100
March 05, 2018, 06:44:53 PM
#57
I'd rather sell during ATH than waiting for another one to happen, i tend to take advantage of high and lows of the market so for me HODLING is nahhh..
i can easily enter the market again when everyone falls  Cheesy
hero member
Activity: 3080
Merit: 603
March 05, 2018, 05:54:44 PM
#56
That is why I am so happy that many are already aware of the holding concept and that is the very reason that I want to post it here so that new people who have no any ideas of this advice will apply it on their trading.
I'm informing my friends and others that there's no harm in HODLING. They even have learned the word that way.
We all know that when we hold and sell on profit, it will be at the expense of other traders - and I don't want that it will be at the expense of the new small traders but at the expense of big sharks when they pump any coins.
We can't stop this and its inevitable when most of us have enough profit already, he/she will definitely going to take profit.
sr. member
Activity: 756
Merit: 294
March 05, 2018, 05:34:58 PM
#55
HODLing since 2012  Cool

Millionaire or bust !!!
Since you have been holding for such a long time then I suppose you are close to your goal, but while I have not been holding for so long I have the same attitude, bitcoin is either not going to make me any money or it is going to make me  millionaire there is no middle ground, that is why I'm a holder as well, and I'm not going to sell until bitcoin reaches my target price.

Since 2012? You should've been a millionnaire right now dude. Though probably you've been keeping low quantities of btc then. I started earning and buying btc 2016 and with btc's price then, i usually spend it on some fancy purchases. Had i known it would be like this this fast, i would've spent my salary instead.
There are so many people like this on this forum and they already understand the ideology behind holding. With experience, they already know that times like this only last for a while before the market recovers and it is even easier to hold now than back then when everything was still not that bright enough like now that we already see an ascertained future for btc.

That is why I am so happy that many are already aware of the holding concept and that is the very reason that I want to post it here so that new people who have no any ideas of this advice will apply it on their trading.

We all know that when we hold and sell on profit, it will be at the expense of other traders - and I don't want that it will be at the expense of the new small traders but at the expense of big sharks when they pump any coins.
full member
Activity: 566
Merit: 102
February 24, 2018, 01:56:36 AM
#54
HODLing since 2012  Cool

Millionaire or bust !!!
Since you have been holding for such a long time then I suppose you are close to your goal, but while I have not been holding for so long I have the same attitude, bitcoin is either not going to make me any money or it is going to make me  millionaire there is no middle ground, that is why I'm a holder as well, and I'm not going to sell until bitcoin reaches my target price.

Since 2012? You should've been a millionnaire right now dude. Though probably you've been keeping low quantities of btc then. I started earning and buying btc 2016 and with btc's price then, i usually spend it on some fancy purchases. Had i known it would be like this this fast, i would've spent my salary instead.
There are so many people like this on this forum and they already understand the ideology behind holding. With experience, they already know that times like this only last for a while before the market recovers and it is even easier to hold now than back then when everything was still not that bright enough like now that we already see an ascertained future for btc.
hero member
Activity: 1036
Merit: 500
February 24, 2018, 01:56:04 AM
#53
This BTC dip will take more time to recover than we think, whales are using this to spread bad news and they will use this situation as always happen in situations like this. There are too much bad news for crypto serving to us this days. Credit card bans spam confuse people but they don't know they still can send wire transfer and use Debit card to buy coins..., exchange ban from some countries, regulating crypto world etc etc. All this are some of reasons why this happening today with BTC. We just need to be patient and over time situation will be better and different. Some coins will die meanwhile, that happen with thousands coins till now, some will grove stronger etc etc...
Well, no one expects recovery to always be pretty fast, but I will not be surprised if it does not. We may have some bad news now, but just wait a little bit as the news start changing now that the bulls are beginning to step in gradually, then we will see a bull rally which is normally usual.

The beginning of it is the one that was had with the US senate, and there is so much more to come. At the end, the patient dogs in this market always end up eating the fattest bone.

With respect to cryptocurrencies, we still have a long way to go and a huge room for more development. One thing I always tell newbies is that, if you are a long position older, never bother yourself about the value you see presently now in the market and if you a short term holder and you did not sell at the top, do not bother giving the sharks and whales the pleasure of taking your money away from you. I love dips like this, because the recovery is one thing I always look forward to after it happens.

Thank you so much for sharing your thoughts and advice to newbies. It is really helpful and reinforces also my stand to hold the line and if got some spare money, buy bitcoins as much as I could.

Although I no longer buy bitcoin now and the last one was 2 years ago but I am considering of buying few satoshis at anytime when I will get my pay from client work.

I am also planning to buy more altcoins with 50% of my remaining bitcoin holding because the reds are really tempting to buy and I guess that is the smart thing to do right now.
It is good you have plans to buy but even if you cannot buy now, you can always wait for it. The market should obviously give more chances to get in for some time before we can even start seeing any rally. The most important thing is that whatever you have, you are still holding and then looking forward to the long term.

I have also been holding a lot for a while now and I will keep holding for as long as I feel like but obviously not now, because the value is still low. Grin
hero member
Activity: 1274
Merit: 516
February 22, 2018, 09:14:48 AM
#52
To involve and invest in bitcoin you need to have a clear mind and guts of steel, there are so many fuds and malicious things that make you want to out from bitcoin, but all of the people that already got experience know what is the best step to not get caught by the false news, I never doubt bitcoin will rise again, its only the matter of time, for the one that freak out and do panic sell then you need to learn more
hero member
Activity: 1078
Merit: 501
February 22, 2018, 07:47:00 AM
#51
Well, to be honest i feel little nervous, because when it falls, it falls really fast. And looking at the price right now hurts, specially like me who invested in mid Nov. But even in bad times, i didn't sell anything yet, i am holding tight, even though my 60% portfolio gone!
I think that is a good decision, just wait for the price to recover again even if you already lose that 60%. I am sure that if you wait patiently, you will gain profit in the future, and who knows? You can gain more than you expected. To all who holds bitcoin for a long time really takes time before they've got profited.
hero member
Activity: 910
Merit: 501
February 22, 2018, 04:21:40 AM
#50
To me, I'm holding. And my plans are long term.
After some time it's not that difficult anymore to see big movements in the charts without being tempted to make a move.
Not when the charts go down, but not either when the charts go up. I think it's important as well not to sell at a high point out of a mood.
Selling activities should always be careully thought through and combined with a goal.

member
Activity: 222
Merit: 11
Create Your Decentralized Life
February 22, 2018, 04:10:55 AM
#49
HODLing since 2012  Cool

Millionaire or bust !!!
Since you have been holding for such a long time then I suppose you are close to your goal, but while I have not been holding for so long I have the same attitude, bitcoin is either not going to make me any money or it is going to make me  millionaire there is no middle ground, that is why I'm a holder as well, and I'm not going to sell until bitcoin reaches my target price.
Is there even a target price? So far, I want to believe that bitcoin still have a very huge room to grow and no one can really know the extent it would get. However, for me, $1m would be a good target price. Grin Honestly, those who hold will never end up regretting it and those who see the present spot at dips as a good time to buy more will always have the best of it all even in short or long. HODL or end up not being rich, unless you are a trader and you know how to take advantage of every swing in the market.
sr. member
Activity: 756
Merit: 294
February 15, 2018, 07:12:40 AM
#48
I often say hodl and wait for the price high, but these words are not effective/encouraging for some users especially to newbies or weak investors that cant stand the dropping value hence they tend to panic sell and hoping to recover their capital before its too late. We cant coerce them to do as we say because its normal to worry when your expectation didn't happen. I always remember the saying "Good things come to those who wait" and indeed my persistence paid off for gaining in my investment for the few years I have been in crypto world.

I think it is slowly happening now as bitcoin price is going up gradualy Smiley
Really, good things come to those who wait! Wink

I just hope that everyone, especially the new comers and investors to continue to hold the line because everything will be fine.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 14, 2018, 10:30:58 AM
#47
HODLing since 2012  Cool

Millionaire or bust !!!
Since you have been holding for such a long time then I suppose you are close to your goal, but while I have not been holding for so long I have the same attitude, bitcoin is either not going to make me any money or it is going to make me  millionaire there is no middle ground, that is why I'm a holder as well, and I'm not going to sell until bitcoin reaches my target price.

Since 2012? You should've been a millionnaire right now dude. Though probably you've been keeping low quantities of btc then. I started earning and buying btc 2016 and with btc's price then, i usually spend it on some fancy purchases. Had i known it would be like this this fast, i would've spent my salary instead.
No I'm not holding since 2012 that was the user Wilhelm, I'm in the same boat as you I did not started holding until 2016, I bought some bitcoin at the end of 2015 but I spend it all, which in retrospective was a huge mistake, but I learned from that and I began holding, I do not have as much bitcoin as I would like since the price of bitcoin skyrocketed in the last year but I'm doing everything I can to get as much bitcoin as I can. 
legendary
Activity: 1358
Merit: 1000
February 14, 2018, 07:03:16 AM
#46
Of course the recovery will not come very soon. We have just to wait a bit, at least hold our coins till spring and watch the situation on the market this time.
sr. member
Activity: 756
Merit: 294
February 11, 2018, 09:48:20 PM
#45
This BTC dip will take more time to recover than we think, whales are using this to spread bad news and they will use this situation as always happen in situations like this. There are too much bad news for crypto serving to us this days. Credit card bans spam confuse people but they don't know they still can send wire transfer and use Debit card to buy coins..., exchange ban from some countries, regulating crypto world etc etc. All this are some of reasons why this happening today with BTC. We just need to be patient and over time situation will be better and different. Some coins will die meanwhile, that happen with thousands coins till now, some will grove stronger etc etc...
Well, no one expects recovery to always be pretty fast, but I will not be surprised if it does not. We may have some bad news now, but just wait a little bit as the news start changing now that the bulls are beginning to step in gradually, then we will see a bull rally which is normally usual.

The beginning of it is the one that was had with the US senate, and there is so much more to come. At the end, the patient dogs in this market always end up eating the fattest bone.

With respect to cryptocurrencies, we still have a long way to go and a huge room for more development. One thing I always tell newbies is that, if you are a long position older, never bother yourself about the value you see presently now in the market and if you a short term holder and you did not sell at the top, do not bother giving the sharks and whales the pleasure of taking your money away from you. I love dips like this, because the recovery is one thing I always look forward to after it happens.

Thank you so much for sharing your thoughts and advice to newbies. It is really helpful and reinforces also my stand to hold the line and if got some spare money, buy bitcoins as much as I could.

Although I no longer buy bitcoin now and the last one was 2 years ago but I am considering of buying few satoshis at anytime when I will get my pay from client work.

I am also planning to buy more altcoins with 50% of my remaining bitcoin holding because the reds are really tempting to buy and I guess that is the smart thing to do right now.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
February 11, 2018, 08:55:45 AM
#44
HODLing since 2012  Cool

Millionaire or bust !!!
Since you have been holding for such a long time then I suppose you are close to your goal, but while I have not been holding for so long I have the same attitude, bitcoin is either not going to make me any money or it is going to make me  millionaire there is no middle ground, that is why I'm a holder as well, and I'm not going to sell until bitcoin reaches my target price.

Since 2012? You should've been a millionnaire right now dude. Though probably you've been keeping low quantities of btc then. I started earning and buying btc 2016 and with btc's price then, i usually spend it on some fancy purchases. Had i known it would be like this this fast, i would've spent my salary instead.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
February 10, 2018, 05:18:21 PM
#43
HODLing since 2012  Cool

Millionaire or bust !!!
Since you have been holding for such a long time then I suppose you are close to your goal, but while I have not been holding for so long I have the same attitude, bitcoin is either not going to make me any money or it is going to make me  millionaire there is no middle ground, that is why I'm a holder as well, and I'm not going to sell until bitcoin reaches my target price.
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