HODL...until when? | Bitcointalksearch.org

Kodok Bencot

full member

Activity: 994

Merit: 101

Quote from: Kayum10029 on August 28, 2021, 04:48:03 PM

Quote from: heatstreak_2012 on August 28, 2021, 04:31:31 PM

Any new analysis on when BTC will reach a $100k? Maybe hold until then is good or you suggest us to hold even beyond that?

Bitcoin will not reach one million dollars with one jump, it took a long time for Bitcoin to reach this position, Just as Bitcoin had to wait a long time to get to where it is today, Bitcoin has a long way to go before it can cross millions of dollars.

The strange thing is that if the price of bitcoin jumps to millions of dollars, people will not believe it and think this is manipulation, the bitcoin trend continues to rise because the number of active users continues to increase, this is a good means to make bitcoin a major investment.

Veter2000

sr. member

Activity: 1512

Merit: 306

Quote from: Ngewex Yuk on August 28, 2021, 09:18:56 AM

Quote from: Helen-cty on August 28, 2021, 02:59:42 AM

I think it is also necessary to distinguish the timing. It can be sold at a good time. There is no need to last for a long time. There is no prescribed timeline. It is entirely up to you.

Only people who have a lot of money can hold it for the long term, for me bitcoin and crypto are short-term investments (less than 3 months), when I get the profit I want then I immediately sell it, moreover I'm still in college so there are many sudden needs.

It does not depend at all on the amount of money the investor has, but on his investment horizon and investment goals. I have been holding bitcoin since 2017 until now, since for me this is not the only investment and my investment horizon for bitcoin is about 10-15 years or the achievement of an investment goal.

bitzizzix

sr. member

Activity: 2590

Merit: 452

Enjoy 500% bonus + 70 FS

Quote from: molsewid on August 29, 2021, 12:17:48 PM

Quote from: Kayum10029 on August 28, 2021, 04:43:44 PM

Necessity means no law, I don’t wait for the price of bitcoin to rise when I need it. With Bitcoin I perform all the activities of my world and all my activities . As a result, I can't always wait for Bitcoin to grow.

We Have our own necessities in life that we sometimes couldn't follow our time frame for our investment. I mean, if there's an emergency and you don't have any other choice than to sold your bitcoin asset then I think there's nothing wrong with it. We have our own kind of time frame for our investment some may take it as a short, medium or long term investment but hodling bitcoin even in sort term, medium or long term is worth it.

If you let problems and needs only obsess over making big profits, it is greed and our goal here is to be able to keep funds in reserve and when in need there is no harm in using them.

You can sell it as per your requirement and keep the rest back and that way you can solve your problem in peace and you also keep investing, I personally invest long term and but if I need it I will sell it as per my requirement and when the price drops I will buy it according to their ability and hold it, so that the trades I make when I need them my holdings will come back and even more.

molsewid

hero member

Activity: 2170

Merit: 530

Quote from: Kayum10029 on August 28, 2021, 04:43:44 PM

Necessity means no law, I don’t wait for the price of bitcoin to rise when I need it. With Bitcoin I perform all the activities of my world and all my activities . As a result, I can't always wait for Bitcoin to grow.

We Have our own necessities in life that we sometimes couldn't follow our time frame for our investment. I mean, if there's an emergency and you don't have any other choice than to sold your bitcoin asset then I think there's nothing wrong with it. We have our own kind of time frame for our investment some may take it as a short, medium or long term investment but hodling bitcoin even in sort term, medium or long term is worth it.

chichigirl

sr. member

Activity: 588

Merit: 251

HELENA

Quote from: 15days on June 20, 2021, 10:52:18 AM

Those who advocate hodling, when do you cash out?

I mean, dying hodling is not the plan, is it? Eventually, you'd need to enjoy the fruits of your patience, right? When is that, when someone says "hodl"? Is it a savings plan? A retirement fund? What does it mean to hodl?

I can hold it until I want to hold it...When i already chwnge my mind and will stop trading that is the time that I wilk sell my BTC but at the best price that I will be earning a lot.

qwertyup23

hero member

Activity: 2268

Merit: 789

Quote from: 15days on June 20, 2021, 10:52:18 AM

Those who advocate hodling, when do you cash out?

I mean, dying hodling is not the plan, is it? Eventually, you'd need to enjoy the fruits of your patience, right? When is that, when someone says "hodl"? Is it a savings plan? A retirement fund? What does it mean to hodl?

A simple yet difficult question to answer as it varies from person to person.

Personally, the time to cash out is when you purchase a certain of volume of BTC at a given price, and sell it on a higher price on which you acquired them. In other words, "purchase low, sell high". Though this may be considered as the golden rule of investing, it also varies from person to person depending on their goals. Most people sell their BTCs at a price that they do not agree but it is essential that they do it.

I am HODLing maybe for a couple of years or maybe when the next fork happens. By basing it on the price history alone, the trend is that every 4-5 years, the price of BTCs skyrocket- so that may be the green signal again for me.

buwaytress

legendary

Activity: 2968

Merit: 3684

Join the world-leading crypto sportsbook NOW!

Quote from: Wawa2013 on August 29, 2021, 02:26:06 AM

Why don't we depend on other people's opinions, because we certainly have different goals and targets. If we want to invest according to our
own analysis and research, it will make us more confident when making decisions. From the selection of coins, to the target that we will achieve,
we should decide for ourselves. So don't be lazy to learn everything about crypto, so we can find out which coins we should buy and hold.
Most people will usually choose to invest in top ranking coins, because it is safer for long-term investment.

Anyone who seriously uses the words "invest", "analysis" and "research" in one sentence to describe what they do or should be doing, probably doesn't do enough of any to really know what they mean.

Selection of coins? There's no coin to select from if you've done enough analysis and research. There's just that one Bitcoin. And all the noise saying otherwise that keeps getting louder is evidence it's the only one worthy of your investment.

Everything else? Just for fun, baby.

Wawa2013

sr. member

Activity: 1666

Merit: 268

Quote from: Quidat on August 27, 2021, 06:58:12 PM

Quote from: Wawa2013 on August 27, 2021, 06:49:48 PM

Quote from: ?? on ??

~

It is true that everyone has their own target, if they have already achieved the desired target, there is no need to hold on anymore. And my advice is
not to be too greedy in pursuing profit, if indeed we think the price of Bitcoin has reached a high enough price, we can take profit. And can buy
Bitcoin again when the price is corrected, so don't be obsessed with big profits when investing in Bitcoin. I also if there is an urgent need, I without
thinking will sell the Bitcoin that I have, even though I have held it for quite a long time. We ourselves have to decide when to sell our Bitcoins,
because everyone's strategies and conditions are different.

We do have different minds and we do have different goals and targets inside our heads and there would be some several factors that might affect your decision thats why it isnt an assurance
that you would really make profits when you do hold and depending on what coins you've been holding and come to think that not all the projects do succeed this is why its been ideal
to stick with the best or top ranking coins which you do saw which does have chance or potential in future years to come specially if you do intendedly hold for
longer years to come.

Why don't we depend on other people's opinions, because we certainly have different goals and targets. If we want to invest according to our
own analysis and research, it will make us more confident when making decisions. From the selection of coins, to the target that we will achieve,
we should decide for ourselves. So don't be lazy to learn everything about crypto, so we can find out which coins we should buy and hold.
Most people will usually choose to invest in top ranking coins, because it is safer for long-term investment.

Kayum10029

full member

Activity: 1190

Merit: 100

Quote from: heatstreak_2012 on August 28, 2021, 04:31:31 PM

Any new analysis on when BTC will reach a $100k? Maybe hold until then is good or you suggest us to hold even beyond that?

Bitcoin will not reach one million dollars with one jump, it took a long time for Bitcoin to reach this position, Just as Bitcoin had to wait a long time to get to where it is today, Bitcoin has a long way to go before it can cross millions of dollars.

Kayum10029

full member

Activity: 1190

Merit: 100

Necessity means no law, I don’t wait for the price of bitcoin to rise when I need it. With Bitcoin I perform all the activities of my world and all my activities . As a result, I can't always wait for Bitcoin to grow.

heatstreak_2012

newbie

Activity: 3

Merit: 0

Any new analysis on when BTC will reach a $100k? Maybe hold until then is good or you suggest us to hold even beyond that?

Ngewex Yuk

sr. member

Activity: 1190

Merit: 250

Quote from: Helen-cty on August 28, 2021, 02:59:42 AM

I think it is also necessary to distinguish the timing. It can be sold at a good time. There is no need to last for a long time. There is no prescribed timeline. It is entirely up to you.

Only people who have a lot of money can hold it for the long term, for me bitcoin and crypto are short-term investments (less than 3 months), when I get the profit I want then I immediately sell it, moreover I'm still in college so there are many sudden needs.

glendall

legendary

Activity: 2156

Merit: 1018

Buzz App - Spin wheel, farm rewards

when we hold is when the price of the coins we have just rises in a small percentage amount,
and release if it reaches the target we set,
if it's released don't ever regret what you've released because usually when the coins we release always keep going up and we regret releasing the coin, it means we are not true holders

kotajikikox

full member

Activity: 2548

Merit: 217

Quote from: nelliella on August 28, 2021, 03:13:55 AM

hodl until your goal is achieved

This is achievable because if we are talking about bitcoin it is always safe for Holding even if this take you long time.

but this lower part?

Quote

or hodl before bear market comes up otherwise soon or later u get rekt and also there is early leave problem too so hodl is not so easy Cheesy

How would you know that the market will be bearish when no one can really tell unless it happens?

i doubt that we can particularly understand when the dump comes or when to perfectly sells .

nelliella

jr. member

Activity: 79

Merit: 3

hodl until your goal is achieved or hodl before bear market comes up otherwise soon or later u get rekt and also there is early leave problem too so hodl is not so easy Cheesy

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: ?? on ??

Quote from: Cangkeman Wae on August 26, 2021, 10:40:25 AM

Quote from: Shamm on August 26, 2021, 02:14:38 AM

Hodling until the reach the Goal as we wanted ,doing things is adventurous you can save or hold for a long time that you've invest.

Goals often change, I think when we get the ideal profit for example 15% a month then selling is a good thing, there is always the opportunity to buy again so when we get a profit then we have eliminated the fear of losing, this is usually the trick I do so I will sell when i already get 15% profit.

Every trader usually holds for profit holds until the specified goal is reached many people have less patience for investing so you can sell your capital if you make a profit from it. I think it would be better to hold on to a currency like bitcoin for a long time you will get more than 15% profit on long term hold.

Experienced traders able to practice that way, setting their targets and wait till it reached before letting it go.
But in most cases, newcomers and some other intermediate traders changes directions when fear comes out from the market.

Very important to have a good practice and more good knowledge about the assets that you are investing with.

In that way, you'll be able to gain compensation and lessen the chance of losing your initial capital.

Helen-cty

jr. member

Activity: 34

Merit: 10

I think it is also necessary to distinguish the timing. It can be sold at a good time. There is no need to last for a long time. There is no prescribed timeline. It is entirely up to you.

NathanielParker

member

Activity: 113

Merit: 32

Everyone has different ideas and different plans, but I like to plan my own future, so I invest in Bitcoin for the long-term, because I think Bitcoin is worth it. Long-term holding can help me make amazing profits.

Quidat

hero member

Activity: 2688

Merit: 540

DGbet.fun - Crypto Sportsbook

Quote from: Wawa2013 on August 27, 2021, 06:49:48 PM

Quote from: ?? on ??

Actually this is only depand on you how much profit you want and how much loss you can bear. Hold does not mean to hodl for all the time. You need to set your mind and your required profit. I sell when I needed cash . I don't care weather it would be loss or profit

It is true that everyone has their own target, if they have already achieved the desired target, there is no need to hold on anymore. And my advice is
not to be too greedy in pursuing profit, if indeed we think the price of Bitcoin has reached a high enough price, we can take profit. And can buy
Bitcoin again when the price is corrected, so don't be obsessed with big profits when investing in Bitcoin. I also if there is an urgent need, I without
thinking will sell the Bitcoin that I have, even though I have held it for quite a long time. We ourselves have to decide when to sell our Bitcoins,
because everyone's strategies and conditions are different.

We do have different minds and we do have different goals and targets inside our heads and there would be some several factors that might affect your decision thats why it isnt an assurance
that you would really make profits when you do hold and depending on what coins you've been holding and come to think that not all the projects do succeed this is why its been ideal
to stick with the best or top ranking coins which you do saw which does have chance or potential in future years to come specially if you do intendedly hold for
longer years to come.

lalabotax

full member

Activity: 1582

Merit: 132

BK8 - Most Trusted Gambling Platform

Quote from: Kusman on August 26, 2021, 03:40:45 PM

HODLing doesn't mean that you will continue to hold your investments forever. Of course, you will sell all of them or some of them at some point. Here, the most important thing is that people should never manage their investments blindly. They should always have a roadmap. For example, you can just set a price goal to sell an amount when the price reaches there. This prevents the investors from being greedy also. This is the main logic of HODLing to me.

Exactly. Holding doesn't mean forever.
Everybody should have a certain target that they want to reach, based on the period of the time (years) or even based on the price that they expect.
Sometimes, taking profits for some of the assets after holding for a long time is also need moreover in order to take profits and get the sweet results of the long HODL.
But of course, it will depend on the coins themselves. If that is Bitcoin, we can take a certain amount only and let the least to still HODL. But for altcoins, moreover new, I don't think to hold because we don't know it can really survive or not Grin

Topic: HODL...until when? (Read 2149 times)