HODLing strong! | Bitcointalksearch.org

jostorres

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Activity: 2562

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Quote from: ninis45 on June 17, 2022, 05:00:18 PM

Quote from: Asiska02 on June 17, 2022, 03:03:08 PM

These moments are passing times, it will be back to normal again. The people who can withstand the pressure and market downfall now would be those who will laugh last. It takes courage and patience to hodl coin during this period to reap the benefit later. But it is always said that good thing come to those who wait patiently. This too will pass and will become history, if we can bear the market now we’ll definitely smile at the end of the day.

that's for sure friends..... those who are patient will benefit, but some of the altcoins that we hold will not return because it is difficult for them to rise when the market starts to recover so we need to be extra patient with risks that may not be worth it in the future

This is a guaranteed truth. People who hold bitcoin during this period will be the people who will make insane profits later on. In fact, it will be so much so that one day when bitcoin goes back up and earns us money, it will probably be bigger than the money we worked during the same period depending on the investment.

Let's say you live in the USA, you should be making at least 50k a year, if you invest 50k today and work for a whole year and earn 50k, by the time you earned that 50k, your initial investment of 50k could be bigger than 100k+ so that means while you earned the same amount, your profit of investment became bigger than your whole year of working. That's why it's so great to buy bitcoin right now.

bluebit25

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Activity: 1708

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But people who have experienced joy from holding may have a simpler view of life as well as in the field of investing. I admit that the fact that if you are building a good holding strategy with assets like BTC, after many years, the benefit from it has been huge up to now. However, life is never easy, even when not everyone can do it, and those who have that ability are worth celebrating.

virtualdn

legendary

Activity: 1358

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Chill out everyone. Even if BTC will go down to $10,000, remember everything is temporary and there are only 19M coins available. Let the chickens run and be poor. You just HODL and one day you will reap the benefits Wink

ninis45

full member

Activity: 686

Merit: 107

Quote from: Asiska02 on June 17, 2022, 03:03:08 PM

These moments are passing times, it will be back to normal again. The people who can withstand the pressure and market downfall now would be those who will laugh last. It takes courage and patience to hodl coin during this period to reap the benefit later. But it is always said that good thing come to those who wait patiently. This too will pass and will become history, if we can bear the market now we’ll definitely smile at the end of the day.

that's for sure friends..... those who are patient will benefit, but some of the altcoins that we hold will not return because it is difficult for them to rise when the market starts to recover so we need to be extra patient with risks that may not be worth it in the future

Issa56

hero member

Activity: 1484

Merit: 928

Quote from: Jeebshub on June 14, 2022, 02:33:43 PM

I am almost down 80% of my portfolio. But I am confident that Bitcoin will be more valuable than anything in the future.

Am also down down by 60%, but I don't panic because I believe it's going to bounce back, I still buy more with the extra money am having because I believe this is the right time to bag more coins because most of them are in dip. I will advise everyone not to panic and sell, if you are having extral fund you won't be needing for now, you can still bag more and wait for the bull run.

Asiska02

hero member

Activity: 994

Merit: 701

These moments are passing times, it will be back to normal again. The people who can withstand the pressure and market downfall now would be those who will laugh last. It takes courage and patience to hodl coin during this period to reap the benefit later. But it is always said that good thing come to those who wait patiently. This too will pass and will become history, if we can bear the market now we’ll definitely smile at the end of the day.

SirLancelot

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Activity: 2646

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Quote from: bitzizzix on June 17, 2022, 03:05:31 AM

There's nothing difficult holding bitcoins as long as you can hold them and have the patience to get to your desired price, and I'm also sure in the current market situation those who have been in the industry for a long time won't worry.
because they learn from experience and what is happening now often happens before which makes them do the same thing, namely Hodl and it doesn't matter how long they have to wait, because after a price decline occurs the price will definitely go up again and will get used to this incident without feeling emotions , just a matter of time and strong patience to endure it. And that increase is bound to happen.

I have been in crypto for many years now and I can easily say that I am not worried about it at all. Do not get me wrong, it doesn't mean that I do not "care", because that is a different thing. Of course I care that the price went low, and I wish that it didn't and I would prefer the prices to be above 50k forever without ever going down.

I personally imagined it would never go down under 30k ever again, but I was wrong and it failed and it did went under 30k, looks like could even go under 20k as well. But just because I am sad that it did go down, doesn't mean that I will act on it, I just do not feel worried, I am sure it will eventually recover anyway.

AakZaki

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Quote from: bitzizzix on June 17, 2022, 03:05:31 AM

There's nothing difficult holding bitcoins as long as you can hold them and have the patience to get to your desired price, and I'm also sure in the current market situation those who have been in the industry for a long time won't worry.
because they learn from experience and what is happening now often happens before which makes them do the same thing, namely Hodl and it doesn't matter how long they have to wait, because after a price decline occurs the price will definitely go up again and will get used to this incident without feeling emotions , just a matter of time and strong patience to endure it. And that increase is bound to happen.

Improvements are sure to happen and it's just waiting for the right time. I've been in the crypto world for a long time and have seen bitcoin crashes that were more severe than today. Psychology is a reference to continue to survive, to hold assets owned and have a reserve of funds to buy cheaper. So just have to wait without panic.

Ahli38

hero member

Activity: 952

Merit: 779

I'm not a strong holder. But I know what it's like to hold back from wanting to sell. it's a tough road but true holder have faith that real profit is waiting at the end of the road.

my appreciation to the true holder.
I haven't been able to follow. i just sell at ATH and buy back base. Maybe if I have completely frozen funds then I can become a true holder. because only those who have strong frozen funds prevent them from selling in ath. possible. I really appreciate the true holders. they are people who have strong mental

virtualdn

legendary

Activity: 1358

Merit: 1093

You talk about the ATHs after they pass. It's easy to judge after the ATHs have passed: "Why haven't you sold??" But are you able to recognize the ATH when it takes place? Are you able to figure it out? Many sold BTC for nothing then price tripled. It's easy to discuss after. That's why HODLing and cashing out ONLY when YOU feel it's time to do it is the safest bet. BTC at 65k seemed low for me and haven't rushed cashing out because I know BTC's true potential. In my opinion BTC's value is somewhere in the $xxx,xxx range and could even reach $1,xxx,xxx at some point. And no, I'm not about the $100k psychological price. Probably many will sell at that point.

pawanjain

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Activity: 2702

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Nothing lasts forever

Quote from: LegendaryK on June 14, 2022, 01:16:59 PM

Quote from: virtualdn on June 14, 2022, 08:03:35 AM

HODLing since 2013, never sold a satoshi. The storm will pass and one day we will see BTC above $1xx,xxx . Good things come to those who wait. Losers deserve buying crappy fiat: money without long-term value backed by the banks. BTC is being too nice to the people: offering them so many buying opportunities yet they don't see them. Let them stay poor.

Hate to break it to you, if you never sold any, you never made a profit.
Paper gains are not real gains, as real gains or losses only happen when you click sell.

So it does not matter if you own millions of dollars worth of bitcoin,
if you are never going to sell, you are poorer than those that do lock in a profit every now and again.

There is an old saying, if you don't use it, you lose it. Cool

Tough to say but you are right. It took me two major crashes to understand this fact.
The last one in 2018 and the current crash which is ongoing. We could have made profits selling above $50k and buying back now.
But by HODLing forever we are missing out on these profits as well.

mbe48

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Activity: 994

Merit: 105

No problem for HODL, but are you sure the assets you are hoarding will be good one day? And 1 question that I think about, is HODL an obligation for a trader? In my opinion, HODL is an act of procrastination and if you procrastinate too long it's not necessarily worth it. If your asset goes down, you can do it for the cutloss method and replace it with a new asset with good fundamentals.
Get quick profits, don't have to delay the old ones

virtualdn

legendary

Activity: 1358

Merit: 1093

I see some people were very "bothered" why some of us decided to never sell even at an all time high. I remind them that everyone is free to decide regarding his own finances. If the move was wise or not it's something that time will decide. If you want to HODL then do it and do it as long as you want to; you don't need to justify yourself; if you want to sell, go on and sell, the whales are waiting for a bite.

ven7net

full member

Activity: 1946

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Quote from: kik1977 on June 14, 2022, 07:43:29 AM

"Here's to the crazy ones, the HODLERS, the misfits, the rebels, the troublemakers, the round pegs in the square holes... the ones who see the market differently -- they're not fond of ATHs... You can quote them, disagree with them, glorify or vilify them, but the only thing you can't do is ignore them because they change things... they push BITCOIN forward, and while some may see them as the crazy ones, we see genius, because the ones who are crazy enough to think that they can HODL forever, are the ones who do"

Steve Jobs

As far as I understand, if you buy an asset, for example BTC, then this asset should bring income. As a result, you need to fix profits. But if you constantly be a holder, then when will it be possible to take profits? It turns out the eternal holder = no profit? Perhaps this rule applies to those who control the market, but even they, I'm sure, periodically fix profits, thereby selling expensively on the market and buying up an asset at certain moments at a low price. For me, eternal hold is not an option, so I always try to take profits so as not to get into a situation where someone takes my invested funds for themselves.

Questat

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Activity: 2982

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Quote from: Tellek Garing on June 17, 2022, 03:50:25 AM

The steel hands are still awake holding strong and filling more bags let the weak hands continue to pool in the party we wait for the xxxxxx days ahead when the Bitcoin bull surfaces.

Quite an amazing feeling!

perhaps, it was their choice and we can't urge people to do that in the way that they have their own decision.
I do holding for some reason,
- in order not to lose my money
- believing the fact that the market will soon recover and I get paid off

Yeah, weak hands often get easily panic and sell their coins while strong hands will choose to wait for the right time to sell, and have faith.

evichi

jr. member

Activity: 1330

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'HODLing' is the game serious investors have to play in order to make profit. A serious investor knows when to HODL and targets an envisaged opportunity to sell. Warren Buffet is one of the outstanding investor that knows what it means to HODL long term. If you are not making enough income to sustain yourself/family, then it will not be easy to hold. This explains why it is also not easy to make money - as it is not easy to HODL. Therefore, 'HODLers' are great investors so long as you hold what you can afford to loose because, the market can be volatile as well and may not be favorable all the time.

bitzizzix

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Quote from: Cryptmuster on June 17, 2022, 05:24:24 AM

Quote from: bitzizzix on June 17, 2022, 03:05:31 AM

There's nothing difficult holding bitcoins as long as you can hold them and have the patience to get to your desired price, and I'm also sure in the current market situation those who have been in the industry for a long time won't worry.
because they learn from experience and what is happening now often happens before which makes them do the same thing, namely Hodl and it doesn't matter how long they have to wait, because after a price decline occurs the price will definitely go up again and will get used to this incident without feeling emotions , just a matter of time and strong patience to endure it. And that increase is bound to happen.

It would be nice to learn how to sell bitcoin when it reaches new ATH, this will provide additional opportunities to increase capital. And so it turns out that bitcoin goes through cycles of growth and decline, and I'm just waiting for even more growth. ) Now when the market has fallen, of course, I will buy even more bitcoin, but for myself I see the need to learn how to sell it when it grows, and not just buy when it falls.

Yes, holding it doesn't mean holding it all the time and this is only when the bitcoin price is downtrend, and I agree with you to sell some bitcoins when bitcoins reach ATH to enjoy profits or buy something expensive or keep it for necessities. And only sell the profit or part of the profit.
and i also do that and moreover i use it as a reserve fund and will do it when i really need it and its real.
and this decline is an opportunity to make purchases in a gradual way, and to grow ownership, to enjoy profits again when new ATH is created.

thanks @Cryptmuster for reminding.

Cryptmuster

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Quote from: bitzizzix on June 17, 2022, 03:05:31 AM

There's nothing difficult holding bitcoins as long as you can hold them and have the patience to get to your desired price, and I'm also sure in the current market situation those who have been in the industry for a long time won't worry.
because they learn from experience and what is happening now often happens before which makes them do the same thing, namely Hodl and it doesn't matter how long they have to wait, because after a price decline occurs the price will definitely go up again and will get used to this incident without feeling emotions , just a matter of time and strong patience to endure it. And that increase is bound to happen.

It would be nice to learn how to sell bitcoin when it reaches new ATH, this will provide additional opportunities to increase capital. And so it turns out that bitcoin goes through cycles of growth and decline, and I'm just waiting for even more growth. ) Now when the market has fallen, of course, I will buy even more bitcoin, but for myself I see the need to learn how to sell it when it grows, and not just buy when it falls.

Tellek Garing

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The steel hands are still awake holding strong and filling more bags let the weak hands continue to pool in the party we wait for the xxxxxx days ahead when the Bitcoin bull surfaces.

Quite an amazing feeling!

bitzizzix

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Quote from: South Park on June 16, 2022, 10:09:55 PM

Quote from: AakZaki on June 16, 2022, 06:55:37 PM

Quote from: Jating on June 15, 2022, 08:33:49 AM

True, and then those novice who bought when the market is green and then seeing the bear market complain and bitch around. But they didn't realized what is going on with the market, maybe it's better if they will learn it the hard way as experience is the best teacher to us. So this is going to be a long hard grind going up again and it might take years. So it's better to hold or better buy bitcoin because they are extremely cheap.

Being a holder is not easy. Even I need to study for a long time. Sometimes many can hold back but don't know when to take it off. Being a holder must master emotions and technicalities. The emotion to stay has a mentality of staying and being patient in the middle of a bear market while technical is to make a decision when we should exit the market.
Many people are impatient, because of emotions. Many people choose short-term scalping techniques instead of holding for too long. Because they do not have emotional, mental, patient, technical and fundamental management.

The difficulty depends on too many factors, for those which are emotional and do not really understand why bitcoin is so amazing then holding their coins is without a doubt something very difficult for them to do, however if you have your emotions under your control and you understand very well that bitcoin is a project that is incredibly solid and innovative, then holding your coins is not going to be that difficult even under the most dire circumstances.

There's nothing difficult holding bitcoins as long as you can hold them and have the patience to get to your desired price, and I'm also sure in the current market situation those who have been in the industry for a long time won't worry.
because they learn from experience and what is happening now often happens before which makes them do the same thing, namely Hodl and it doesn't matter how long they have to wait, because after a price decline occurs the price will definitely go up again and will get used to this incident without feeling emotions , just a matter of time and strong patience to endure it. And that increase is bound to happen.

Topic: HODLing strong! (Read 661 times)