Topic: HODLers, When Will You Sell? (Read 415 times)

Not me, but other holders who kept Butcoin in their wallets for years. In my opinion, they chose a Bitcoin wallet that wasn't just random. They take good care of everything related to access to their assets such as seed phrases, private keys and passcodes, of course keeping them away from internet connections.

This is very common, but my guess is that they do it — hold Bitcoin for years that way.

If you are amazed, carry out storage steps properly and correctly. You will be a winner with the Bitcoin you have.


Some time ago, I spent some Bitcoin from my wallet for urgent needs. Hoping to sell at the highest price and will try to hold it in the wallet until the new ATH comes. This means that if Bitcoin reaches $100,000 USD in the future, then I will cash out most of the amount of Bitcoin I have which I am trying to continue to increase little by little.

If that happens within the next year from now, then that's the time limit I will hold.

Holding doesn't mean it gonna be forever. The reason why people are holding is to make money when it hits their target price. Let us assume if the price reaches $100,000 I certainly have no doubts about selling my Bitcoin. That was a satisfying price for me. If ever it reaches more, I have no regrets as well because I already make a profit which is important to me unless we know that it reaches $ 1 million probably I would wait. But because the market doesn't work like that so I'd rather take the chance selling at $100k rather than missing it. It was even regrettable to happen.

Therefore, it is recommended to invest money that you do not use in real life so that it can help you get maximum profits.
If Bitcoin investment is still related to real life needs, I think it is still quite vulnerable to experiencing losses, so it is better to set aside a little for long-term investment.

And personally, I continue to make or hold my investments for a period of time that I have set myself, usually in the form of a price when I have reached the profit that I have set.

I have also experienced things like you, so far I have not been able to hold on for a long period of time because there is always a need that we do not expect and must be met immediately. We have even looked for various ways not to sell it but still have to sell the amount of Bitcoin that we own for can fulfill these needs.
Maybe for those who can survive for a long period of time, of course they will be able to take good care of the assets they have and they also have many sources of income so they will not be affected by the Bitcoin they hold.

I have been hodling for years now. And I think I won't stop hodling. But I have to be honest also. I think I will not just be hodling and stacking more and more sats forever. I think that's not realistic except if you have lots of sources of money and that you're just saving for the generations to come. Personally, I think there will be a time when I need to sell some. In fact, I am planning to sell some when the price of Bitcoin reaches almost $100,000. I will not sell all of course. And I probably won't stop stacking small amounts of sats.

I'm a hodler for years already, but it doesn't mean I don't sell when the price is already soaring high. I'm the type who holds Bitcoin for long and when there's an opportunity to take profit, i'm selling some of it. Then will repeat the process if the market is in bearish again. But even i'm selling some, I don't go all in because I still have set target price on when to finally release my Bitcoin.

Holding for long period is a good strategy and the best way to maximize your profit. But there are investors/traders who prefer short term because that's what they think is more suitable for them especially to those who don't have long patience to wait.

The answer to these questions varies from one investor to another based on their patience, emotional control, needs, defined selling goals and targets, strategies, and the profit rates they have achieved. In addition, it depends on each holder's belief in the future of Bitcoin and its modern technology. Firstly, reaching a price of $100K for Bitcoin is not considered difficult, as historical Bitcoin prices and previous halving events indicate the feasibility of this scenario. For me, achieving a Bitcoin price at this level would be highly satisfying as it would result in substantial profits. However, I wouldn't sell all of my holdings at this price. Perhaps I would sell a reasonable portion of my holdings, freeze some of the capital in stablecoins until the price corrects, and consider repurchasing. I can hold the remaining quantity for the long term. Predicting the exact price Bitcoin might reach in the near future is challenging due to its volatile nature. Regardless, positive indicators, events, news, and the ongoing adoption of Bitcoin lead us to believe that Bitcoin will surpass our expectations in the end and reach a price that will be recorded in the history of cryptocurrencies someday.

Those investors who did not move their coins in their wallet are most likely billionaires. They are unaffected if the price of Bitcoin falls back to $20,000 or $10,000. Because their investment is a little portion of their entire wealth, they can manage their emotions quite effectively. Aside from that, they are so preoccupied with other things that they don't peek at the chart from time to time, which helps prevent unwanted emotions when the price drops so drastically. There are wallets that haven't moved because the owner has passed away or just a misplaced wallet.

Some of those wallets have forgotten their seed phrase and they can't get access to their Bitcoin that's why they haven't moved their Bitcoin for many year. We're just assuming that they're holding but they're not and what happens when those Bitcoin get moved is that they later find their seed phrase and can get access to their Bitcoin so they take profits. Bitcoin getting to $100,000 is a big profits from the present price therefore I'll take profits and wait.

Bitcoin doesn't go up all the time, sometimes it'll drop price and when that happens I can buy back my Bitcoins., taking profits is important when investing and also when trading so we can be sure of the profits we have made as the market is too volatile and can make us become not profitable after we were ones making big profits. Holding isn't for everyone but for some individuals with patience.

Bitcoin is like a culture, the more you own it the more you become motivated to keep holding it and for that, most of those who were lucky to have bought Bitcoin 10 years ago, they bought it at a really cheap price and for that can make a lot of profits from it with the small investment so moving the bitcoin around is no longer in the agenda.
But those of us who came into Bitcoin when the price was already high, will have a tough time in holding on to our Bitcoin for a long time, this is because we also have some other needs that we may want to put the capital into and those demands are also very important, so we may have two sets of Bitcoin investors, we have the long term bitcoin investors and also the short term speculators who constantly are moving they coin around at all time.

They were able to achieve the holding of Bitcoin for years because they manage two things very well which is something you can also do if you manage the exact two things which are discipline and DCA strategy which prevent them from investing more than they can afford to lose. That's why they are investing every week/month in an amount that seems to be nothing for them to achieve in the long term.


This is a personal decision but most long-term holders always take profit while they still have their initial investment balance when  it's ATH price

All Bitcoin HODLers seem to have a price target in mind for when they will cash out and take profits.  Cant blame them - we all like making money.  But the data shows that long-term holding is the winning Bitcoin strategy over time. and  Whys that? Well, Bitcoin keeps chugging along, gaining more adoption and going up in value the longer it is around. 

Sure, traders try timing the volatile crypto market's ups and downs to turn quick profits.  Nothing wrong with taking some gains here and there.  But those who have stubbornly held their Bitcoin for years keep winning out big time.

Urgent needs may require selling some or all of the investment. It is very difficult to know this situation in advance. In some cases, there are those who sell a certain part of their investment. There are also those who wait a long time and sell the whole thing when the target price comes. Sometimes, there may be people who make instant decisions. Maybe we will do the same, but we don't know yet.

Everyone has expectations in investment and can sell if their expectations are met. Others may wait longer, anticipating the level the price will reach, and eventually reach higher prices. Some do not think of selling and always carry Bitcoin in their wallet.

What's a longer period to you? Are you talking about a year, or maybe a whole 4 year cycle? For me a2 years is a piece of cake. Let's say you buy at falling prices somewhere in the bear market - you have no reason to take a loss, right? Why would you sell lower than you bought? When it's going up, I'd never be satisfied with something like a 10% profit. I can get that by buying bonds or ETF shares (not bitcoin ETF). With high risk and high reward assets like bitcoin you should at least wait for 50% profit before you consider selling.
Personally, I have coins dating back to 2015.

If you prepare everything well, then I think you should not sell your bitcoins too quickly even if there is a very urgent need. You should have an emergency budget before investing your money in anything, including Bitcoin, meaning apart from investing, you should also have an emergency budget in your pocket. This is part of a long-term investment plan, but you may not have to be a longer-term holder when you need more funds than your existing emergency fund.

At least, you won't sell all your bitcoins when you have emergency funds. This is what many experienced investors think and they really consider everything carefully before investing any amount they can afford to lose.

Seriously I wouldn't be able to hodl 100% of Bitcoin in my wallet for longer period of time I have tried earlier but failed because you will encounter sudden expenses like health or housing henc it has always been certain percentage of Bitcoins which I would be able to hodl. I think those who are hodling for over ten years are the one who either have forgotten that they have Bitcoin in their wallet or those who have los the private key or in worst case scenario no longer in this world. Unless whale or financially well settled an ordinary person will not be able to beat the urge of selling it.

Yes, I'd sell for both prices. First if it hits $100k then I'll take the opportunity to sell and then I'll wait for another few years to see it go around a million dollars. It seems that talks like this are no longer frowned unlike before when too many skeptics think that it is impossible to happen. Since we've seen Bitcoin has reached $69k last bull run, whether it goes on a x2 or x3 within the next cycle, it's still going to be high and will be making new history that shall make people amaze on how far it can grow.

When it comes to targets then we do really have indeed that different numbers on which there might be some will be unloading their bags on 2-3 years time or in every cycle or they would really be have plans on selling it on a decade time or they would really be selling out when it reaches million. It would really be that varying or depending on a certain holder on which it would really be that impossible that they wont really be having those selling points. In my case I have been bagholding some coins since 2020 and even up to now i do still have it but there are really moments or conditions on which you cant really be able to avoid not to get some partial profits specially if you do see that there are some opportunities on some altcoins on which it is really just that hard to resist in speaking about not selling out a portion but since the primary rule that i do have in mind is to have that diversification then i do definitely proceed out and taking such action because i dont really like on losing those opportunities.

I dont really like on missing up the same thing like on what i had missed out ETH or BNB just because i've been focusing too much on a single point. If ever i do able to invest out into those times then i might say
that im really be that rich now but well this is how reality kick up into your face on which i have missed out tons of opportunities just because i hadnt jumped in that much
specially into those ICO days of those top altcoins that we do have in the market today. It is really just that hard to consider on which one would be shooting
up and this is why its not new or shocking to have those missed opportunities.

I will surely sell when price hits $100k but probably just a portion of my coins so I can keep hodling the rest of my coins. I have to be honest that I don't really set certain target price to sell but will only decide to sell once I see bitcoin reaches its new all time high. It could be 5 or 10 years hodling, that's fine as I always see my bitcoin my retirement. Majority of my savings go actually to bitcoin, and just leave a minimal amount for fiat since its value depreciates in time.

Bitcoin reaching million is always possible, but definitely the process will be very long and uncertain. But if we end up hodling with indefinite time, I guess we will see bitcoin in a million decade from now.

I'm technically a bitcoiner since 2015 but most of my coins are from 2016. I'm rarely spending anything which you can verify by looking at my signature campaign address (bc1qghyhken3czfyvyewdz7gpzmadsl3x35lk4ldh3) which contains all the money I've earned from signature campaigns since the beginning of 2022 and you can be sure if bitcoin goes to $60k tomorrow I will still be here stacking.

Holding is easy, you just need dedication and some money to sustain yourself. People who invest their last money are easy to squeeze.
Don't let market manipulators force your hand. You should spend your bitcoin when you really need something else, like a car, a house, whatever, but don't sell because you're scared. If you're scared it means you've invested more than you're comfortable with.