Topic: HODLers, When Will You Sell? - page 2. (Read 423 times)

I'm the kind who holds, sells, and also trades bitcoin on a daily basis, depending on how I want to follow the market. I have a wallet, and I have the ones that I have not touched for some time now, which is a result of the price not hitting my target yet, and the moment my budget is reached, I will sell off some of them.
 
I also have some holdings, which I buy most times when the market experiences some unexpected drop, and I hold them for a little time, like earlier today when the price touched $43k and one of my sell orders was executed, which is a good one as I bought it below that.
 
So each of my holdings has a different selling point; they are all for the purpose of making profit, and I'm not in a position to hold it all forever. I will sell and buy back when I think the time is right, and my decision will be influenced by my entry price.

I know some people here holds their bitcoin for years now with no intention of selling. Though there are only very few people like them and they are like a rare treasure if you find those people. I myself plan to sell all of my bitcoin procession when the bull market arrives and try to sell it on the peak, I plan to buy back bitcoin when the bear cycle starts again and repeat. In that way, I can increase my bitcoin holding over the years. Even if I don't have a ton of btc today, someday I might get some by repeating this buy back strategy.

Well, the real meaning of holding is to stay anything for a long period. As you that you saw some wallets that have been untouched for a long time and the holder did not do anything to it, maybe because of the phrase he lost. Sometimes people move their coins to their wallet and they write the phrase on a page or anything and with time they lose that phrase so in this case the wallet will be untouched for a long time until he find the phrase. Moving towards you are second is, is a person sell his BTC if its price goes to $100000 per BTC then I think he needs to sell some part of his  BTC because people hold just to gain profits and I know from 0 to $100000 per BTC will take a huge time and he also did a lot of wait so I think he should sell it's btc rather he will wait for an increasing price, a lot of reason behind this but one is that he may live his half in poverty and if he does more wait then maybe he will spend his whole life and this btc did not benefit him.

We all have so many reasons why we are investing in Bitcoin. There are some persons that are investing in Bitcoin to benefits from the market by holding for a long time not minding if the market keep falling or rising. Some people may invested in Bitcoin to prevent keeping their money in fait because we all know the fiat could keep depreciating in value and those that keep their money in Bitcoin would have a bigger benefits. Cryptocurrency is a safe place for us to keep our not just on any project but on a trusted and reliable project. Those that knows how to invest would keep making profits from the market.

Personally, I admire those who have been buying and keeping Bitcoin for several years, but as we appreciate them, there are factors involved. The first is that these people might be rich and not depend on Bitcoin. Second, they might have different wallets that are full of Bitcoin, and thereby liquidate some and leave others. Third, some might have a good vision of Bitcoin and believe that leaving it will give them more money over time, and since they are financially dependent, they continue to leave it. Lastly, some of them are dead or do not have access to their coins again.

Regardless, I am in for the HODLing game, but in a grand style, and as an investment-inclined person, I will not fool myself, I would rather be smart to actualize my earnings effectively in Bitcoin. I have purchased my Bitcoin and have kept adding to it since last year, and the reason is because of the expected bull run that comes in the 4-year cycle. I will continue to do this till the middle of next year since I know that whatever Bitcoin is in price at that time, it may still double over time. Now, when it gets to 2025, I will be most observant but will still not liquidate my asset even if it is at a $250,000 price.

What I will be doing is to be more proactive on the higher charts reading. This is in particular when the monthly charts turn bearish, it might be the right time to liquidate most of it. At that time, I will liquidate 80% of my BTC and continue to hold 20% forever. I will however buy again when the bearish season is over.

It depends on how much wealth an investor has. Suppose an investor has such wealth that he will not need the money he invests in bitcoins even after 10 years. Then maybe he can hold bitcoin for a long time. Bottom line is that Bitcoin halving season is coming so most of the patient people are holding on to Bitcoin.

Almost all of us know about holding but not all can be actual holders. We have some holders who are willing to sell when the price is good and consider themselves as holders when the price falls. I think those who claim to be holders of bitcoins should not have such a view. By doing so he may lose his wealth despite being a Bitcoin holder. We should plan for the long term when it comes to investing in bitcoins. Those who truly intend to make their dreams come true with Bitcoin must avoid being swayed by the ups and downs of Bitcoin. At times the behavior of Bitcoin will go to such an extreme level that many cannot control it and sell their Bitcoins. But if one dreams of long-term investing in bitcoins, one should think that his bitcoins are lost. If I draw a fixed limit from the beginning, the bitcoins can be sold only when the expected level is reached. If we expect a big return from Bitcoin then of course holding it for 5 to 10 years I think it would be appropriate.

Talk facts, no nonsense. I HODL smartly and focus on the prize. Selling? Not yet. Why? Bitcoin is inherently more than a digital asset. The sign of a financial revolution. A journey, not a stop. $100,000? One million? Impressive numbers, sure, but they're just milestones, not endpoints. I only sell when there's a solid chance. I mean solid. Think Bitcoin 2.0 level innovation, or a business venture so groundbreaking it rewrites the rulebook. Until then, why quit a winner? Bitcoin is the best right now.

---

I'm intentionally waiting, not merely holding. Next huge thing, next financial history chapter. Who knows - maybe a business or a new asset? Eventually, I'll know. Smart investing is recognizing the correct moment, not any moment. I'll watch, wait, and win until the next big wave.

As an investors or as a holder, it's quite logical that we have a long term goal and a short term goals.
Or as an individual you can ask yourself what offer that is too good to turn down? If you bought Bitcoin at $20000 and the price skyrocket to $900000 some people will take it, will some won't, , they will still ask for more, I just believe that everyone has a price that he can't say no to, it all depends on who is involved.
 We all look, but we see differently.

I'm not really sure when I'll sell my bitcoins.  I kinda just have them tucked away in a cold wallet for now.  The original plan was to just hold onto them for many years and continue DCAing as much as I can,, but who knows, life happens sometimes and I may need to cash some out if an unexpected expense pops up or something.  I'm playing it by ear.  If I dont desperately need the money, I'll probably just let my little bitcoin investment continue to mature and hopefully be worth even more down the road.  but I can't predict the future so I don't have any definite timeframe in mind for when Ill sell. and  Just gonna hang onto them as long as I can unless an urgent need for the money arises out of the blue.

The reason why everyone is hodling Bitcoin is to make profit and every one have their own target of when to take profit and since the market of bitcoin can't be predicted it is hard to tell when to sell bitcoin.  For me I will keep hodling until I'm satisfied with the profit which I have made from holding. Investing bitcoin and hodling it is a personal, and only you can determine when it is okay for you to sell, nobody can make decisions for you when to take profit from the bitcoin you have been investing .

That's true there are lots of crazy dudes who hold Bitcoin more than 10 and 12 years and today those all are the real gainers. Moreover we have to remember another thing that nowadays there are many wallets which are lost forever. A report found on 2020 that around 3.7 million bitcoins were lost forever. It's pretty much a concept though. However, it is also true that there are many wallets that lose their backups and those bitcoins are lost forever. So we should be interested in seeing these things.
Of course, it depends on my future situation, but I have taken a rough strategy that I will hold Bitcoin until the next two halving periods. But of course it is not to invest by buying a large amount of bitcoins at once, I have basically taken the strategy of purchasing a certain amount of bitcoins per week or monthly using the DCA method. Now if everything is fine after passing the next 2 halving periods I will sell them if I found a pick on that time.

I think Bitcoin's got legs in the long run, but no way am I gonna bet the farm on some pie-in-the-sky price target.  I'm playing the long game here - just gonna ride out the highs and lows and wait for my precious coins to shine and  if we ever get to 100k, heymazel tov, but I ain't cashing out completely.  Maybe just a little to treat myself.  Nah, hitting a number like that - itll tell me I wasn't nuts for hodling and remind me why I got into this whole crazy ride in the first place. 

I'm not one of those guys watching the charts all day, ready to dump everything.  I believe in this thing.  That means taking the downturns with the upswings.  So I'll keep on hodling keep on waiting, maybe grab a little profit if we moon.  But I didnt get into Bitcoin to make a quick buck.  I'm here for the long haul.

You’re asking for hodlers while your question is for sellers. Hodlers don’t think about selling their token on specific price but rather they are aiming for holding as long as they can until they will need the investment money including profit. I become a holder before during 2018 dump and I never intend to sell my Bitcoin on specific price because I’m not uncertain on what price will exactly hit.

I just sell my token when Bitcoin hit the 50K level because that’s already more than x5 of my investment while I needed my money to purchase my current house property. I become a holder that time and right now I have fresh bacth of Bitcoin that I’m still holding without any price target in mind.

Wallet owners who don't move BTC at all for the next 10 years are like saying someone else lost their seed phrase and they don't have access to their wallet so they can't move it for sale.

Or they don't need money from selling bitcoin so they continue to HODL for 10 years and want to get a higher price, I think this still makes sense too.

The reason why I HODL, then when to sell? After getting a decent profit, maybe you say $100K I will also sell that price range in part, when the price starts to go high then sell all the holdings.

Then keep it in stablecoins and plan to get back in when the bearish comes.

when I need it, otherwise, I might just keep it in my cold wallet.
The plan is to keep the bitcoins for my retirement, but I don't know when I might find an urgent need that makes me have to sell my bitcoins.

And finally when I will die, at that time my bitcoin will certainly not be used and still stored in my wallet, I will make it an inheritance for my children and grandchildren later which maybe from them will sell it and divide it evenly, because it is an inheritance from me. In this case humans can only have plans but God has his will.

Or maybe this bitcoin that I have becomes a bitcoin without a master like other bitcoins that cannot be recovered due to loss of pharse.

I don't see any point in hoarding forever as well as buying and selling whenever the market moves, HODLers is term used for long term investors and some of them are too rich to cashout the profits they made from bitcoin so their wallets haven't been active and some of them actually lost access to wallet so they can't move even if they want to.

Now about the question, it depends but I would say selling all in isn't the smart choice but cashing out when the market at its peak and buy back when it is in red is the most effective.

some of those wallets you've seen holding bitcoins for 10 years. are probably lost. owners can't access their coins anymore that is why they are in those wallet and kept intact. otherwise they would've been moved around by now (sold or transferred)
Speaking of myself. I am not a long-term HODler. I wish I was. and hope one day will come when I'll be able to save a lot of bitcoins and hold them for as long as possible. If I had 1 Bitcoin or enough bitcoin worth holding. I would probably hold them until a Good price mark. I would say $1 million per Bitcoin.

Some wallet with holding bitcoin more than ten years likely any potential losses access and become die wallet with many bitcoin holding there, but if any one keep holding more than ten years its so amazing how diamond hands keep believe with bitcoin rill raise higher price in the future.
I can't hold more than ten years because always check with bitcoin price update in daily day when raise higher price I will sell it.
I think some holder strong hold bitcoin more than ten years not update yet with current bitcoin price and have target waiting how many years later for selling their bitcoin and return back later when deadline of selling bitcoin. Not easy how to be long term holding with bitcoin exactly more than ten years and faced twice of bitcoin halving time with potential bitcoin can raise more higher price.

Of course logically those who save bitcoins more than a year, financially they are more secure and have enough of their daily needs. How do they make their money work again for their own money masters, creating new foundations or new profits.

Of course, we as small holders of bitcoin, when the price reaches the peak according to our wishes, of course I will also enjoy the profits. It's true what you say, for someone who is still in the category of still struggling in everyday life, sometimes they sell a little for what they lack every month.