Topic: Hodling or selling? - page 6. (Read 1341 times)

There is such a thing as an investment plan (or strategy). Look for the answer in this direction.

It sounds like you are trying to figure out which forum users have significant net worth. That's not why you're asking, right?

Who told you that? For some, $1k may be more valuable than $20k for others.
If you have $100 in your pocket, then the loss of $1k can be very noticeable and significant, but $20k for a millionaire is a mere trifle.

By no means, this is not the only indicator and you do not take into account all the variables in this problem. We must not forget about the overall level of financial well-being of the investor. It is not difficult to be patient when not the last amount of money has been invested (an acceptable standard of living). It seems to me that those who, even with low incomes, don't lose self-control and continue to hold bitcoin without spending or limiting themselves have more inner strength. This is where people have real endurance.

If some one with financial stability easy to be long term holding with bitcoin, but lack passive income is factor why most investor difficult to be long term holding in bitcoin.
Personally every holder want to hold more than four until five years later with bitcoin become long term investment assets, but not support with financial stability less chance for holding until several years later and take to sell after bitcoin raise higher price indeed believing with bitcoin price potential more higher in the future.
Depend on holding or selling requirement with your condition, without any emergency funds I think every one want to hold and never sell bitcoin believing potential increasing price more than several years later.
Hold or sell depend on your requirement today, tomorrow and one or two years later you need emergency fund or not.

If you're visit a hospital and unfortunately you don't have enough money to pay medical bills, what will you do?

If you're need to pay rent and you don't have enough money, what will you do?

I don't see any reason to ask a subjective thing to anyone, you're one who have full control over yourself.

Even 1000 users tell you need to hold, but if you insist to sell, you will sell the coins.

You are right about time because time is relative. But this is based on my positive point of view in understanding the OP's point that some users have sold all their Bitcoins.
If we group Bitcoin owners, they are also different. There are some people who are not strong enough to deal with price drops, which makes them panic and want to sell.

Another group of Bitcoin owners is calm in facing any market situation and considers it a normal occurrence because prices are very volatile.
Should we blame the circumstances or blame them. For me it's about people's mindset with their Bitcoin holdings.


I accepted this recommendation because it was the best. We hope that it can be applied by those out there. But it feels like all the recommendations will be in vain if the way of thinking is not the same as the way we think about Bitcoin.

No matter the amount of bitcoin that is in your possession, if you don't have that patience, self determination on a long-term goal, and self discipline, it will not be easy for that investor to hodli his bitcoin for long. I will say that 2-3yrs is still classified as short term, so I will not admire such hodlers.

It is investors that have hodli for 4 years and above that I will cherish their patience and passion to keep hodling. Those who are short term hodlers that bought back 2-3 years ago, might have sold some fraction of their bitcoin, since the price is at 70k,and a good profit would have been gotten. I am not selling yet, but would wait till bitcoin price hits 100k.

I think hodling is still the best course of action for what's the current situation of the market, I'm definitely sure that there's still more chances that bitcoin is going to go up rather than dumping, best case scenario is that it continues to go up until it reaches something that a lot of us might agree to be the best time to sell bitcoins for the profit. The best thing to do right now in my opinion is to just accumulate, I'm not speaking out of just an opinion because I will be doing this too because I've recently used a small portion to take some profit so I'm sure that it's the best course of action.

What time? The time you talk about is relative, whenever you have decided to sell your coins will be different from when other holders have decided to sell theirs. It is not about people not knowing BTC's potentials, they simply decided to sell or they wanted to do something important with the money, so they had to liquidate.

What i recommend is for people not to sell all their coins, if it is possible. BTC is a valuable asset and if you don't really have to sell everything all at once, then do not.

The thing with bitcoin investment is that everyone has their plans about how long they plan to hold and when to sell and it usually differs between individuals, some might intend holding for a short period while some might want to hold for long term but the most important thing is maintaining that discipline of withstanding any temptation to sell when your aim is not yet achieved.

Only people who invested few years back will be able to tell you what their goal is wether they want to hold for a longer period because it is based on individual differences.

Nobody likes losing money so when we lose money we feel all worked up and tensed and it is the same for everyone but in the context of bitcoin investment we just have to train our minds to withstand when we are losing money or when there is a dip in it’s price. Everyone you see that was able to resist the temptation had to train their minds to resist it because they know the future is bright if they are able to resist it. Achieving success is never easy that’s why you should always think about the future in order to be motivated and remain focused.

Losing $1k might not be easy to bear for some people as you think because we earn different amounts and $1k might be a huge amount  for some people so writing off people who hodl $1k is not ideal.

For me personally, $20k is not really a big amount of money but it's not a small amount either. I am investing more than the amount you mentioned and must admit that investing with a large amount of capital is not as easy as when we only invested 2k-3k capital. To be honest, holding is not easy and sometimes I panic, feeling a bit insecure every time the market corrects sharply.

Although I also know that if I don't sell, I won't lose anything and everything will recover soon, but the feeling of insecurity is unavoidable. To be honest, I also invest in some altcoins and the current market situation is not very good for altcoins and every time I look at my portfolio I feel unhappy. Having a negative portfolio of 5k-10k, sometimes even $15k, is not pleasant at all.

We are not at all tempted my friend. We know that Bitcoins are way more valuable than the current price. Hence we have thought of the long plan. Moreover we have also invested the money which we don’t need in any urgency matter. Hence, for us this investment is like waiting and watching the movement. Moreover we also know that Bitcoins are limited in numbers, hence if more people demand to buy then the price will go up for the fixed supply. Hence many of us haven’t touched the coins and investment yet.

Holding and selling are two actions carried out by someone with the same goal if placed from the same perspective. Someone holds because they feel they have not achieved the desired profit. If they made a purchase about 2 to 3 years ago, then according to profit calculations, now they can sell.
Still, someone still chooses to hold because they feel confident that the price of Bitcoin will rise higher again.

Those who have sold all their Bitcoins are likely pressed to make a decision. I view it from a positive perspective because those who are aware of Bitcoin's potential are not willing to sell before the time comes.


The most obvious strength in holding is having other income that will not interfere with the long-term targets on Bitcoin that have been planned.

There is some truth in what you say, the financial stability of a person's economy can be the determining factor for that person not to worry about selling their assets, they will definitely maintain these rare assets for the long term and continue to buy them. It's different for the lower middle class, if a disaster strikes them, if they no longer have emergency funds, they will definitely sell it. For the disaster they are facing, it is important that we think about how to get other sources of income.

IMO, the amount of money for investment is large, people will not put a high priority on profit and the safety factor for the investment will be given more priority. It feels like with a small amount of capital, we can easily take risks with dreamy games, but imo, no matter the scale, evaluating each person's investment is really quite complicated because of life's inherent nature. We are not the same, so our decisions will not be the same. For me, it's simply the willingness to accept all situations and be able to put problems in front of possible directions to face them, like if we continue to hold/sell, everything will move forward.

If we can hold our coins for another months or years, that would be a lot better. But if financial pressures suddenly arise and you have no other reliable source of funds, then selling would also be a valid option. However, in my own opinion, it’s best to sell some and hold some. That way, you can benefit and enjoy the current profits, while you are still aiming to hold longer the rest of your coins. Don’t just think for today or the following day, but think on it long term. By long term means, another 3-5 years I think, most likely with that longer duration, you will already gain satisfying profits from your long term investment.

Before going into long term holding, ensure you include how to exercise patience in your holding, because that is what will lead you to your destination when you can sell and be bold to achieve a huge amount of income that will increase your wealth and make you not to miss any opportunity to invest in Bitcoin when there is a bearish season. You can see what happened to those holders that hold their Bitcoin since last three years till this year and they didn't allow family issues or other issues to force them against their wish, such encouragement can only be fuel by patience, which many investors have made up their minds to apply the same strategy in their holding. Well, if you continue holding your Bitcoin at this period, nothing is wrong in the decision, because the price is still increasing which it may reach $80,000 to break into new ATH before the price will begin to decrease to allow investors to purchase again.

Holding or selling can both have positive results because this still results in profitability. So whatever you take this time is not wrong because the most important is that you never miss the chance.
I sold some to secure my funds ( some people did this) while the amount of Bitcoin left was ready for the ATH and still sold them all. Might not be a good time to sell my Bitcoin but I stand the fact that securing our capital is very important in this kind of investment.

It is our personal call if we sell our Bitcoin or continue holding but I believe that the market still reminding us to be cautious in our action and think about the volatile nature of the market which we don't need to be ignored.

I bought my first bitcoins when the price was between $300 to $400 and sold most of them when the price went up to $1000. I then bought more bitcoins after that and also sold those bitcoins when we reached the all-time-high price of $18000+

I think I once calculated that I made 800% profit on all the coins that I sold over time..  so I am very satisfied with the returns that I received from my Bitcoin investments.

I still hodl a little bit, but I will wait for the Moon, before I sell my last coins. 

Most of those who invested several years ago were probably independent people, and the money they allowed themselves to spend on buying Bitcoin was not their last. In addition, some knowledge and understanding of why people invest is required, as well as the period that should bring profit. We know that Bitcoin always meets targets when it reaches long-term targets. I think those people who remain with strong hands have ambitious goals, and some small percentage of the profit does not satisfy them. It is from this that the continuation of holding for many years forces people to remain with unspent wallets.

I have 2 parts of btc which bought 2018 ( 11,000)

One part is trading another is for holding for long time

I have sold 60% from the trading parts and waiting to see the market.

I fully support your decision and I will do the same thing as you, I will also sell 80% of my crypto assets in the upcoming bull season and switch to traditional business. Although traditional business will not be as profitable as the cryptocurrency market, it is clearly safer and we will have more peace of mind.

It is true that we should only invest money that we can afford to lose, but once invested, no one wants to lose money. Therefore, the psychology of people who are investing large amounts of hundreds of thousands of dollars or more will be completely different from those who are only investing a few thousand dollars. The larger the amount of money, the more things to think about and worry about.

People are always making noise that they will only invest in bitcoin and do not want to invest in gold or traditional assets because they invest with small capital and are willing to trade-off to get rich quickly. But if they invest large amounts of money, they will have a very different mindset.