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Topic: HODLING IS GOOD (Read 1925 times)

hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
August 13, 2017, 08:36:39 PM
#52
I know this. Well, if you have patience, and can withstand the bitcoin you have, I guess it becomes very easy. But, when bitcoin prices fall slightly, it will be very much a trial in terms of holding bitcoin. Although you know, that in the future bitcoin prices will be higher.
legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
August 13, 2017, 08:05:06 PM
#51
At some time It will be time to cash out and I hope that day will be soon.

Short term speaking, the correction is imminent. I already cashed out some profits between $3950-$4050 today, and I am looking to cash out more profits one day before the activation of Segwit becomes reality. People that aren't interested in cashing anything out, which is quite understandable, can just continue with holding. For those interested in some short term buy back action, cashing out profits just before or after activation is the best thing to do. I still think back about those I was telling not to sell anything at the time the price was tanking below the $1900 level last month. I hope for them that they either didn't end up selling, or they at least bought back their coins at a premium back then.
I think that's smart.  Never anything shameful in taking a profit.  Me, on the other hand,  I don't have much bitcoin and what I have wasn't bought or earned at a low price, so I'm going to hold.  Nothing wrong with that either in my view.  But boy, I really wish I'd saved all that bitcoin I bought at $400 or so.  That stings a bit.
sr. member
Activity: 397
Merit: 252
August 13, 2017, 07:59:28 PM
#50
I've been holding bitcoin long enough. And right now for me, is to start enjoying results of struggle from holding. Bitcoin has created alot money for me, i can buy new SUV. This became a proud achievement for me, thus motivating myself to deeper bitcoin.
Your result looks very good mate, But the long term method already become a trend in this time. Bitcoin is the best choice to do that but another seems to be a good way too.
That was indeed the crypto just for the long term hold. I already buy a house and new car from that.


It turns out that many of those who have succeeded in bitcoin in relatively easy way, and if looking at the work method by holding bitcoin is good alternative as long-term investment and proven effective though with trading can quickly produce bitcoin but has a risk of loss.
legendary
Activity: 3038
Merit: 1024
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August 13, 2017, 07:00:24 PM
#49
I've been holding bitcoin long enough. And right now for me, is to start enjoying results of struggle from holding. Bitcoin has created alot money for me, i can buy new SUV. This became a proud achievement for me, thus motivating myself to deeper bitcoin.
Your result looks very good mate, But the long term method already become a trend in this time. Bitcoin is the best choice to do that but another seems to be a good way too.
That was indeed the crypto just for the long term hold. I already buy a house and new car from that.
legendary
Activity: 1666
Merit: 1001
August 13, 2017, 06:24:57 PM
#48
It is good i agree with you just buy bitcoins and seriously forget it don't do anything with it just forget it the price will increase by it's own there are people whonare demanding bitcoins , exchanges are been opened in every country exchnages are expanding media is educating people more about bitcoin it's just these things which push the price
Investing in Bitcoin for a long term is a good investment, many people buy it and forget about it and then few years later they found out that they had earn a lot of profit and some become millionaire, so holding Bitcoin is a good option especially in this few years where the price rally is so fast, do not sell your coin unless you see the opportunity to earn more or you need the money
legendary
Activity: 1526
Merit: 1179
August 13, 2017, 06:12:48 PM
#47
Holding is good but I do think a correction is coming. I will just hold because you never know for sure these days especially. So holding might be the best thing to do in the long run.
If you're not interested in trading in whatever form, there is absolutely no reason to get bothered by a correction. If the price is able to increase significantly in a short period of time, then it can go down that easy as well.

That being said, if you like to have the opportunity to buy back at discount levels, it doesn't hurt to liquidate some of your freshly made profits to enlarge your fiat position.

I too believe a correction is due this month, but there are no guarantees. In order to make sure you won't regret having sold, just cash out a small fraction of your profits ~ I mostly stick to batches of 10% at most.
hero member
Activity: 812
Merit: 510
August 13, 2017, 05:40:08 PM
#46
It is good i agree with you just buy bitcoins and seriously forget it don't do anything with it just forget it the price will increase by it's own there are people whonare demanding bitcoins , exchanges are been opened in every country exchnages are expanding media is educating people more about bitcoin it's just these things which push the price
sr. member
Activity: 378
Merit: 250
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August 13, 2017, 05:02:02 PM
#45
I know lot of people must be selling seeing such high price but i believe this is just the beginning.Bitcoin will still go up as always once many other countries like japan officially legalize it.

What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?

Holding is good but I do think a correction is coming. I will just hold because you never know for sure these days especially. So holding might be the best thing to do in the long run.
hero member
Activity: 3024
Merit: 745
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August 13, 2017, 04:41:46 PM
#44
I sold some when the price way back at $2,700 but I knew that it is going to pump and now we are too far from before. I don't want to say sorry for myself for rushing things out and selling just for the profit. Taking profit is good and it's not a loss if we ever did sold it earlier.
sr. member
Activity: 272
Merit: 250
August 13, 2017, 03:45:31 PM
#43
After hodling through the MtGox crash these minor blips we have now don't phase me! I've cashed out a little along the way but now I'm sat on a nice little stash, I just check the price every now and again and wonder how long before I go from being able to buy a Tesla to being able to buy an island Cheesy
full member
Activity: 294
Merit: 100
August 13, 2017, 03:25:42 PM
#42
At some time It will be time to cash out and I hope that day will be soon.

Short term speaking, the correction is imminent. I already cashed out some profits between $3950-$4050 today, and I am looking to cash out more profits one day before the activation of Segwit becomes reality. People that aren't interested in cashing anything out, which is quite understandable, can just continue with holding. For those interested in some short term buy back action, cashing out profits just before or after activation is the best thing to do. I still think back about those I was telling not to sell anything at the time the price was tanking below the $1900 level last month. I hope for them that they either didn't end up selling, or they at least bought back their coins at a premium back then.
I ain't selling shit until bitcoin hits 10k$  Grin
legendary
Activity: 2170
Merit: 1427
August 13, 2017, 02:52:39 PM
#41
At some time It will be time to cash out and I hope that day will be soon.

Short term speaking, the correction is imminent. I already cashed out some profits between $3950-$4050 today, and I am looking to cash out more profits one day before the activation of Segwit becomes reality. People that aren't interested in cashing anything out, which is quite understandable, can just continue with holding. For those interested in some short term buy back action, cashing out profits just before or after activation is the best thing to do. I still think back about those I was telling not to sell anything at the time the price was tanking below the $1900 level last month. I hope for them that they either didn't end up selling, or they at least bought back their coins at a premium back then.
sr. member
Activity: 616
Merit: 250
August 13, 2017, 02:09:43 PM
#40
I've been holding bitcoin long enough. And right now for me, is to start enjoying results of struggle from holding. Bitcoin has created alot money for me, i can buy new SUV. This became a proud achievement for me, thus motivating myself to deeper bitcoin.
sr. member
Activity: 420
Merit: 282
August 13, 2017, 01:49:35 PM
#39
With bitcoin,  holding is one among the key factor that provides good profit for the user. Before holding one needs to make a analysis whether the holding is long term or short term. Majority of the users do long term holding with bitcoin whereas use the altcoins for the in between use.
Holding bitcoin was depending on the users, yeah your right it is need of deep analysis if you hold it for long time or you sell it. Because sometimes instead we earn income they earn lost due to greediness. They want to earn high value even the price of bitcoin is enough to sell.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
August 13, 2017, 12:44:51 PM
#38
With bitcoin,  holding is one among the key factor that provides good profit for the user. Before holding one needs to make a analysis whether the holding is long term or short term. Majority of the users do long term holding with bitcoin whereas use the altcoins for the in between use.
hero member
Activity: 778
Merit: 500
August 13, 2017, 12:04:06 PM
#37
I am confident that there will be a correction I will hold my coins though, because I think the current political situation will make things every profitable for holders.

At some time It will be time to cash out and I hope that day will be soon.
hero member
Activity: 994
Merit: 1000
PUGG.io
August 13, 2017, 11:31:20 AM
#36
I know lot of people must be selling seeing such high price but i believe this is just the beginning.Bitcoin will still go up as always once many other countries like japan officially legalize it.

What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?

Indeed, any stockpileer is happy for their decision, their trust in bitcoin has paid off as the value of bitcoin has grown tremendously. It made me feel stunned.
And if the same kind of growth keeps on happening for the upcoming years then we will also be fruitfully rewarded for the patience.
My aim is to hold 10 BTC in my wallet for 20 straight years and then spend or do whatever I feel like doing with my bitcoins.
legendary
Activity: 1512
Merit: 1000
August 13, 2017, 11:16:54 AM
#35
The Bitcoin gods have smiled upon those who have kept the faith and hodled through the good times and the bad, up to this point. May they continue to bless us with their generous All Time Highs for the years to come.

In Bitcoin We Trust. Amen.
legendary
Activity: 1232
Merit: 1091
August 13, 2017, 11:02:19 AM
#34
It made me feel stunned.

I'm definitely proud of what we have achieved so far, but I am not stunned. From the very first days of me entering the Bitcoin world, it was obvious that the price would only go up in the long term, and that's exactly what has happened. I have no doubt about the price to increase further in the coming years. Don't forget that Bitcoin in its current form is still extremely small compared to other assets in the world. I was extremely bullish back in the days, and I will remain that in the coming years.
sr. member
Activity: 348
Merit: 252
August 13, 2017, 10:49:12 AM
#33
I know lot of people must be selling seeing such high price but i believe this is just the beginning.Bitcoin will still go up as always once many other countries like japan officially legalize it.

What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?

Indeed, any stockpileer is happy for their decision, their trust in bitcoin has paid off as the value of bitcoin has grown tremendously. It made me feel stunned.
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