Hodling or selling? - page 3. | Bitcointalksearch.org

BALIK

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Quote from: Nothingtodo on April 16, 2024, 03:12:39 AM

Holding Bitcoin would be the wisest thing to do with the current market conditions as I can say in my case if I sell now rather than hold I will face huge losses. I invested in bitcoin when the bitcoin market was at 72 thousand dollars and decided not to hold now the price of bitcoin market has crashed so now it is not possible for me to sell bitcoin so my holding is the only way to get profit.

You're not new to the market, I'm surprised you bought bitcoin for $72k. According to your account information, joining the forum in 2021 means you have had 2 years of accumulating bitcoin at a price much cheaper than what you bought it for. But whatever the reason, you should continue to hold bitcoins if you buy them and should not sell them for any reason. Stay strong, don't panic and sell cheap bitcoin to the sharks because of small fluctuations. We are standing at the door of paradise, don't let it slip out of our hands, the bull season will come after the halving.

Nothingtodo

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Holding Bitcoin would be the wisest thing to do with the current market conditions as I can say in my case if I sell now rather than hold I will face huge losses. I invested in bitcoin when the bitcoin market was at 72 thousand dollars and decided not to hold now the price of bitcoin market has crashed so now it is not possible for me to sell bitcoin so my holding is the only way to get profit.

YUriy1991

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Quote from: harapan on April 15, 2024, 09:51:43 PM

Whether you decide to sell or hold,you should make sure that you’ve considered your own financial situation as well as the implications and risks of doing so this period.The crypto market is relatively insensitive to your speculations,observations and evaluations;So guard your decisions for your own financial safety.

Of course, for the point of view, it must vary from each user at that time, especially if it is enough with the current price value where there is an option to continue or exit temporarily to wait for buyback when the market correction comes.

but wisely we should not be too fixated on short-term financial gains because basically investing in BTC is for the long term so indirectly we enter the ranks of the movement towards financial freedom, decentralization, and individual autonomy and also not only the financial aspects that we learn and gain.

harapan

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Quote from: Wakate on April 11, 2024, 03:32:22 PM

Why would someone decided to sell when we all waiting for the halving that is going to boost the price of Bitcoin to skyrocket to a more bullish price. Since everyone wants to make money from the market, there is no need to sell the token rather it is better to hold so that this bull market is going to attract more profits to the hold that is already available.

For those that has been holding their Bitcoin for years neo would understand the benefit of buying and holding because it has been very rewarding for holders. If anyone sell now, that might be as a result of something impromptu that came up allowing holders to sell their tokens but on a normal, no one is going to sell because we all need to make profits from the market.

Generally speaking,whoever decides on selling or hodling his or her bitcoin at this point,has some financial goals to reach,and is definitely aiming at something huge for herself.However,it is important to keep in mind that Bitcoin is a highly volatile asset and prices can fluctuate significantly in the short term.

Whether you decide to sell or hold,you should make sure that you’ve considered your own financial situation as well as the implications and risks of doing so this period.The crypto market is relatively insensitive to your speculations,observations and evaluations;So guard your decisions for your own financial safety.

Dave1

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Quote from: freedomgo on April 15, 2024, 07:57:14 PM

Quote from: BitMaxz on April 11, 2024, 02:19:35 PM

I think those who bought BTC last 2 or 3 years ago I'm sure they are going to HODL than selling it right now because Blockhalving is not done yet there is a big potential that this is not the last new ATH for BTC.
There is a big change after block halving because the supply will be reduced by half. If demand remains constant and supply drops, expect a price increase.

To me, I have a small BTC that I still holding but I already exchanged a few to take a profit and to use it for trading. I hold only a small amount but I still want to add more BTC, my source should be on my trading skills I'm not an expert I am trying my luck and maybe I can multiply my Bitcoin by trading.

You can’t hold assurance to that that they will not take some time of selling their coins most especially if they think they have already gained sufficient amount of profits. Most likely, they will prefer to sell at some point and hold some of their coins. Hodling like 2-3 years is not that easy, so if they are seeing valuable profits right at the current price, I guess you can’t stop them from selling if they really want to.

However, if they have seen this already coming that bitcoin halving will leave a huge impact to the price of bitcoin, I guess they will also think a thousand times if they will sell today or just be more patient to wait for bitcoin halving before they decide to start selling their coins.

It's not easy but it can be done, and now that we are almost in the halving, then there's no point for those who have bought in the 2022 era to sold it, even when we hit a new all time high of $73k, I wouldn't sold it instantly.

Takes time to accumulate and it's a lot of test mentally. But if others can do it, everyone can, you just have to believed in yourself that it can be done. So congrats for the HODLel mentally, we will soon harvest what we sow.

freedomgo

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Quote from: BitMaxz on April 11, 2024, 02:19:35 PM

I think those who bought BTC last 2 or 3 years ago I'm sure they are going to HODL than selling it right now because Blockhalving is not done yet there is a big potential that this is not the last new ATH for BTC.
There is a big change after block halving because the supply will be reduced by half. If demand remains constant and supply drops, expect a price increase.

To me, I have a small BTC that I still holding but I already exchanged a few to take a profit and to use it for trading. I hold only a small amount but I still want to add more BTC, my source should be on my trading skills I'm not an expert I am trying my luck and maybe I can multiply my Bitcoin by trading.

You can’t hold assurance to that that they will not take some time of selling their coins most especially if they think they have already gained sufficient amount of profits. Most likely, they will prefer to sell at some point and hold some of their coins. Hodling like 2-3 years is not that easy, so if they are seeing valuable profits right at the current price, I guess you can’t stop them from selling if they really want to.

However, if they have seen this already coming that bitcoin halving will leave a huge impact to the price of bitcoin, I guess they will also think a thousand times if they will sell today or just be more patient to wait for bitcoin halving before they decide to start selling their coins.

Sanitough

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Quote from: Pmalek on April 15, 2024, 11:55:37 AM

Quote from: tajimas on April 11, 2024, 02:07:40 PM

But i'm interested in the actions of those who bought their bitcoins more than 2-3 years ago and sold them now or are still hodling them
How did you find the strength and patience to resist this temptation?

I sold what I needed at a price that suited me at the time. I have actually been quite lucky to always do it between $71-73k. If I don't need the fiat, I don't really concern myself with the rest of my holdings. They will stay as they are. I am strong willed, so I am not going to touch the coins that don't need touching.

Good mindset. One should not be selling if he’s not actually in a bad financial situation, otherwise he will only miss a huge opportunity that might turn all his hodlings into a massive ones. So if he can continuously hold despite of the current price correction, that will certainly paid off in time.

I get it. It’s not actually easy to see your investments failing at this moment due to the current correction. But know that you won’t actually lose if you won’t decide to sell. So hold still, and sell only when you find a convenient price to sell which is certainly when halving comes.

Finestream

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Quote from: DanWalker on April 13, 2024, 10:01:37 AM

Quote from: EFS on April 13, 2024, 09:16:35 AM

Now it might be one of the worst times to sell Bitcoin. With the halving less than a week away, it makes no sense to sell Bitcoin without experiencing the real post-halving rally. Unless you have an urgent need for cash, there is no reason to switch to fiat money. Anyone holding so far would want to wait a little longer and sell near the top.
How did we find the strength and patience to resist this temptation? Easy, don't always look at 15 minute charts, zoom out, look at 1-day and 1-week candles.

But I also wouldn't rule out the possibility that we won't have any bull run after the halving, I mean there's no guarantee that history will repeat itself, things can change like the way bitcoin created new ATH before halving. That was something no one expected and many people also missed the recent price increase because they believed too much in history.

I don't advise anyone to sell their bitcoins now but if someone wants to sell it's not too bad as long as there is a profit and happy with it. I am also not saying that bitcoin will not increase in price after the halving, but I also do not rule out the possibility that the bull season will come later than we expect.

There’s actually no wrong if one decides to sell after a couple of years hodling, as long as he gets exceptional profits that will definitely satisfy him and will pay all his efforts. After all, it’s his own investment so he is the one held responsible for it. However, hodling a little longer may not be totally a burden most especially that halving might be happening around this week. That is, if you also look forward for it, but to be honest, I can’t still guarantee someone that we will definitely witness a huge price increase this time, as not all the time history may repeat itself.

Rabbitqt

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Quote from: tajimas on April 11, 2024, 02:07:40 PM

Greetings,everyone
At this point in time,i was wondering about the opinions of dear forum users
There is a long period of time when the bitcoin price is at a rather high level,compared to the price a year ago
Some users have sold all their bitcoins as soon as the price became higher than the price at which they bought them
But i'm interested in the actions of those who bought their bitcoins more than 2-3 years ago and sold them now or are still hodling them
How did you find the strength and patience to resist this temptation?
Please answer people who hodl not $1-2k,but at least from $20k
After all,the fear of loss from investing $1k is much easier to bear than from investing $20k
For me this is the best indicator of inner strength and patience,because the greater the amount of investment,the greater the scale of his personality

P.S i've personally hedl bitcoins for a few years and it's well over $2k

-Regards

Selling mid-bull run seems insane. The only chart people need is the S2F model, which provides a strong indication when buying power is starting to exhaust.

Natalim

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Quote from: DanWalker on April 13, 2024, 10:01:37 AM

But I also wouldn't rule out the possibility that we won't have any bull run after the halving, I mean there's no guarantee that history will repeat itself, things can change like the way bitcoin created new ATH before halving. That was something no one expected and many people also missed the recent price increase because they believed too much in history.

Perhaps, there is no assurance or a guarantee for such a thing but still, it is most likely to happen. In fact, for the past ATH, it happened after halving which is enough for us to think this would still happen the same. I don't think there is any reason that will change even though the market is unpredictable.

Quote

I don't advise anyone to sell their bitcoins now but if someone wants to sell it's not too bad as long as there is a profit and happy with it. I am also not saying that bitcoin will not increase in price after the halving, but I also do not rule out the possibility that the bull season will come later than we expect.

Well, I couldn't say you are wrong because selling is a personal decision and as a holder, we can do what we want to do with our Bitcoin. However, making a decision to sell this time is not wrong as certainly we make some profit. Of course, holding is not a wrong option as well as we believe that the price of Bitcoin will increase after halving.

milewilda

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Quote from: Pmalek on April 15, 2024, 11:55:37 AM

Quote from: tajimas on April 11, 2024, 02:07:40 PM

But i'm interested in the actions of those who bought their bitcoins more than 2-3 years ago and sold them now or are still hodling them
How did you find the strength and patience to resist this temptation?

I sold what I needed at a price that suited me at the time. I have actually been quite lucky to always do it between $71-73k. If I don't need the fiat, I don't really concern myself with the rest of my holdings. They will stay as they are. I am strong willed, so I am not going to touch the coins that don't need touching.

Same here, on the time that Bitcoin price plays around 71-73k then also im really that in need of funds then i have considered myself on snipping out some profits that i had made since i have been able to buy on cheaper prices. My port is really that been divided on which there's one is really that intended for long term holds, and the other one is really that for short term. Set goals or profit taking levels on which this is the best approach you could have. You wont really be able to feel up some regret on the time that you do see the price did make some deep correction on which the primary thing that you would be having in mind or those thoughts is that
you would be telling to yourself that you should have cash out or converted or sell out earlier.

It would really be always that just depending on how someone would really be managing themselves on the time that they would really be selling or holding. Emotions is one of the most
common factor on which it do really affects out decisions that would really be made on.

Pmalek

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Quote from: tajimas on April 11, 2024, 02:07:40 PM

But i'm interested in the actions of those who bought their bitcoins more than 2-3 years ago and sold them now or are still hodling them
How did you find the strength and patience to resist this temptation?

I sold what I needed at a price that suited me at the time. I have actually been quite lucky to always do it between $71-73k. If I don't need the fiat, I don't really concern myself with the rest of my holdings. They will stay as they are. I am strong willed, so I am not going to touch the coins that don't need touching.

Yatsan

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Check your reason to sell and weight if it would be valid to settle for a temporary loss. If you know how this market behaves then you guys should be calm. Of course it would be a better decision to keep on holding, and if possible, fill your bags more. The bullrun has just started and there's just a mild dump happened recently and that's a normal thing. Also, bullrun won't start in an instant given that we're days away from the halving. Situations such as investors grabbing profit is something not surprising.

It would be okay to be tempted but if you will observe those wallets who sold, they will again purchase on the verge of recovery. If you happened to miss the 'wave' then that would be a bigger regret, I believe. But you're free to do so, just hope that you won't regret it eventually.

People who managed to hold for long years are simply driven to earn more. They know how far this industry have become and that gave them the idea that there's more into it.

Casdinyard

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Quote from: tajimas on April 11, 2024, 02:07:40 PM

Greetings,everyone
At this point in time,i was wondering about the opinions of dear forum users
There is a long period of time when the bitcoin price is at a rather high level,compared to the price a year ago
Some users have sold all their bitcoins as soon as the price became higher than the price at which they bought them
But i'm interested in the actions of those who bought their bitcoins more than 2-3 years ago and sold them now or are still hodling them
How did you find the strength and patience to resist this temptation?
Please answer people who hodl not $1-2k,but at least from $20k
After all,the fear of loss from investing $1k is much easier to bear than from investing $20k
For me this is the best indicator of inner strength and patience,because the greater the amount of investment,the greater the scale of his personality

P.S i've personally hedl bitcoins for a few years and it's well over $2k

-Regards

I'm not one of those people but I'm one of the few who held on for dear life from 2015 until the crash back in 2017-18, and I think I can give you a piece of my mind regarding this discussion given the fact that I HODL strong and long back then as well. It's all about the mindset really, a lot of the people in here who are able to save and hold that much bitcoins for that long of a time were only able to do so because they distracted themselves, cause the more you think about your cryptocurrencies losing value by the minute, the more you're going to be tempted to take it out and cash your losses, which is not good for the business I should say. Some of us here I assume, they have started to take up jobs outside the crypto industry to build wealth and support their finances as well, without having to take from their investments, which gives the "back to flipping burgers in McDonald's" a positive light I must say.

The thing about holding is that it's easy to save your bitcoins, it's the decline to yield to your temptations to sell or to cash your losses that's the hardest part. Soon as you get the groove that would secure you that aspect of holding bitcoins and other crypto for that matter, you're on your way to success already.

Patrol69

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Some are making new investments and some are selling recruitments, that is, buying and selling things are happening constantly. Some are investing now and trying to hold on to their investments for a long term plan, while there are some investors who are exiting their investments after their fixed period, selling their investments. If an investor invests in a long-term plan, he can invest at any time in any market condition because his objective is to hold the investment for a long period of time. In addition to holding the investment for the long term, the investor must maintain the consistency of his investment. In case of long-term investment, when the investor is able to maintain the consistency of his investment, he will be successful in holding his investment for a long period of time.

Ryu_Ar1

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Quote from: lizarder on April 13, 2024, 07:17:25 AM

Quote from: Ryu_Ar1 on April 13, 2024, 03:51:53 AM

yup, in the end this can only be a fitting option where when indeed we cannot resist the temptations that exist now then we only need to focus on the target goals that we want to achieve to be in bitcoin remembering this can be important where the focus becomes different when the initial focus is only on temptation it can be a little more diverted with the goal of where you will come out and when you have set it then we know where you have to stay and where you have to go in the end.

Sometimes it is difficult when we resist the temptations that exist because we ourselves will be carried away in the sales that will be made later but when we already know our purpose in bitcoin and where you will stop because you have determined your destination to go then we will no longer be tempted by the temporary temptations that exist today.

It is quite difficult to resist the temptation not to release bitcoin at high prices, especially for those who have just invested and immediately get an ATH moment like some time ago. But if we can focus on the stage we want to reach, maybe be patient and wait for the next increase as we hope, it will be much better because we will get much bigger profits. The way to shift focus is not to open the market and let it run itself because we don't want to let go of the bitcoins we hold at that price except for those who have targeted at that price.

Who wasn't tempted by the highest bitcoin price at that time and I think there were many people who sold all the assets they owned. Coming back to each individual and actually they expect an increase in the price to sell, because sometimes people prefer to hold and will release bitcoin assets at a much higher price.

As long as we have a benchmark of where youre going to stay and where you're going to leave then i dont think its going to be as hard as we think because at the end of the day its just going to be the same thing as what were in bitcoin for .
Suppose when bitcoin is at $70k in fact there are still many people who continue to hold the bitcoin they currently have even though in the end bitcoin has decreased again now but they still survive because their goal isnt at this price but they are at a higher price and that has been used as a reference for them so that even the new ATH price doesnt make them forget the initial target and it isnt that difficult where when we are sure that our ultimate goal is at the price we have set when the price goes up but the price is still not in accordance with our wishes and goals then we will not be tempted by that.

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Quote from: leonair on April 14, 2024, 01:11:37 AM

Bitcoin is a thing worth holding. But that doesn't mean it can't be sold. You have to hold until your target is out of date. And after your target is met, you can then sell your bitcoins. There are many who can make an accurate prediction and understand when Bitcoin may crash. And at that time they sell the bitcoins and keep their money in stamp coin and buy bitcoins again in the dip market. So based on various analysis and strategies you need to decide how long to hold Bitcoin and when to sell it.

Competent actions results to profits. We've experienced the crashed and heavy pump of bitcoin, all these years have been out of date. We can only imagine what we think might happen in the market, don't underestimate any chance of winning and also look closely for losses. Bitcoin have made more top firms and influential men more richer because they have huge pieces in the market. HODL bitcoin because this is the top project in the market and we're open to record streak winnings in the system.

leonair

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Quote from: BD Technical on April 13, 2024, 10:11:02 PM

Whether holding or being your son is entirely up to the business and you. Related to income. Before deer you must think that I rose you put in the stock market to see if they can again in the future. If there is a possibility of building them, you will invest by licensing them, because if you invest here, if you sell it, there is a possibility of neither loss nor profit. However, the current state of the digital currency in the digital market suggests that Bitcoin is the future price. Whatever you do it can come to your profit or your loss because bitcoin is currently high its price can go down those who hold it got a bit too much do it again it goes down they have classed their pockets so both sell and sell is your business .

Bitcoin is a thing worth holding. But that doesn't mean it can't be sold. You have to hold until your target is out of date. And after your target is met, you can then sell your bitcoins. There are many who can make an accurate prediction and understand when Bitcoin may crash. And at that time they sell the bitcoins and keep their money in stamp coin and buy bitcoins again in the dip market. So based on various analysis and strategies you need to decide how long to hold Bitcoin and when to sell it.

BD Technical

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#SWGT PRE-SALE IS LIVE

Whether holding or being your son is entirely up to the business and you. Related to income. Before deer you must think that I rose you put in the stock market to see if they can again in the future. If there is a possibility of building them, you will invest by licensing them, because if you invest here, if you sell it, there is a possibility of neither loss nor profit. However, the current state of the digital currency in the digital market suggests that Bitcoin is the future price. Whatever you do it can come to your profit or your loss because bitcoin is currently high its price can go down those who hold it got a bit too much do it again it goes down they have classed their pockets so both sell and sell is your business .

Frankolala

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Quote from: GbitG on April 13, 2024, 05:04:18 PM

Quote from: leonair on April 13, 2024, 10:27:59 AM

Holding is a much better decision than basing in Bitcoin, but if someone realizes that the price of Bitcoin is going to crash, then they can sell the Bitcoins and buy and hold again after the drop. But since no one can guarantee how far bitcoin price will drop, I think it is better to hold bitcoins for long term rather than sell them because if you buy bitcoins with the intention of selling them, you will be trading them, not holding them. And holding is always better than trading

Holding is better than selling in only some conditions and for only some people, those people who aren't knowledgeable enough to understand the market and its movements so that they can make effective trades, otherwise, one can earn more money with scalping and day trading than they can earn by holding because when you hold, you have to wait for years in most cases to get your desired profits but when trading, you get profit every day if you trade wisely.
Someone who can afford to do it should do both holding and trading because that will give them more profit eventually. They should buy and hold some Bitcoin and trade with the remaining funds that they have, this way, they will be earning profit from two sides which is great.

Trading is a professional thing, and it is not easy to learn and become a professional trader without losing to the market. I don't think that trading gives more money than hodlers. Trading is very risky and a professional trader can make a little mistake and he will run at big loss. Only 5-10% of traders makes profit, and the other run at loss.

Hodli is simple, and there is no way you can run at loss when you are hodling, rather your profit is guaranteed based on the compounding profit from circle to circle. Don't you know that the value of bitcoin price increase over time. This is why investing in long-term and hodli is the way to a successful bitcoin investment.

Topic: Hodling or selling? - page 3. (Read 1196 times)