HODL...until when? - page 2. | Bitcointalksearch.org

Wawa2013

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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.

adzino

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Quote from: suryana on August 27, 2021, 01:04:39 PM

You can take your profit at any time. So there is no time limit for you to hold. It all depends on what your initial plan is like. If it feels profitable and in accordance with your target, you can just let go of the hold. Because in bitcoin trading we are given the freedom to do so.

Here is the problem. Don't always think about the profit. Don't keep on holding just just because you aren't making profit. Sometimes it is better to let go off your investment and suffer some loss. Better than losing everything including your mental peace. This holds true mainly for some random coins that you have invested in during a pump. Once those coins starts to drop, there is a high chance it will never recover, but drop down even further. Better to sell than keep on holding!

suryana

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Trphy.io

You can take your profit at any time. So there is no time limit for you to hold. It all depends on what your initial plan is like. If it feels profitable and in accordance with your target, you can just let go of the hold. Because in bitcoin trading we are given the freedom to do so.

CLS63

legendary

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For me, HODLing is not a thing that lasts forever. When I buy Bitcoin, I set a price goal to sell immediately. Maybe I sell all of my profit or I leave some of it in my investment. I think that setting a price goal is a very important action. Because when people don't do this, they become really greedy. They don't want to sell their profit even if they make a great deal of profit. And this can harm the investments of this kind of people. They can lose a lot of money in a short time. You can just set a price goal and get yourself accustomed to sell when the level is reached. I bet that you will start managing your investments much effectively.

Woodie

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

Those who advocate hodling, when do you cash out?

When price was low as in below $10000 it was easy to target x5, x2 ,x10 as this was possible with the high volatility of these assets....now price is high and entering the market today would mean targeting a cash out at $100,000 which is far fetched if it's a personal investment but if this is treated as an investment for your kids holding for several years should be possible and x2, x5 should be within reach

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

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?

Savings plan is a better wording for it.

Fredomago

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Quote from: Ryker1 on August 26, 2021, 04:50:05 PM

Quote from: nurilham on August 26, 2021, 04:22:42 PM

For holding, I think each person can have a different target. But surely, no one plans to hold forever. If you ask me, simply I will say to hold until Bitcoin price can reach $65k+. I don't target till Bitcoin price about $100k, for me to sell my Bitcoin at $65k-$70k is enough. After selling all my Bitcoin, then I will focus on selling my altcoins, will plan to convert all to USDT. So, before the end of this year, I am only holding USDT.

Well that depends upon on the holder on which profit they are preferred, if the holder is contented with the small amount that is being held and sold of the desired target, that is fine because at least he makes a profit after holding for a long time or even in a short time. I like your idea, you are aiming at a small profit that potentially will happen in a short period of time of bitcoin because, for me, bitcoin will not grow too much, it will always have resistance after dropping the price and after dumping, it follows with pumping.

Following you with that statement, indeed the person who choose to hold always may decide when he plans to sell his assets, if you are okay with gaining small percentage then it will not take that long for you to hold, as the market will triggered your set targets in a much quicker span of time.

Though it's also depends on when you made your entry, if you bought at the very peak and the timing of the correction take place, consider waiting for longer time before you achieved that small growth from your investment.

It's always best to set your target and patiently wait till the value hit it up, then enjoy all your profits.

hichamito37

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casinosblockchain.io

you first need what is your holding target? Hold until you feel it's as profitable as you want it to be. Whether you are a trader or a holder we are here, the goal is to make us profitable. It is important that we know how to wait patiently and control our emotions.

Pitstry

jr. member

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Sorry but I think some "HODLRs] are being brainwashed. If you bought from the bottom then you have a good chance of making a profit, then once it reaches the top.. SELL it. You dont have to HODL it, why HOLD? All you have to do is wait for the price to crash and wait until it reaches another all time low. Then you bought it again from the money you earned from selling it at the top.
What will happened is you will have MORE , may be 2 to 4x of previous amount you are holding before.

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?

citywise2

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Quote from: virtualdn on June 20, 2021, 11:38:01 AM

It's your BTC you HODL as long as you want. I'm hodling since 2013 and never cashed out a satoshi. How long will I hodl? I don't know, will probably cash out 10-15% at a given time to enjoy the fruits of my labor, but I will never cash out all my BTC. I plan to leave some to my kids also.

Nice feat, but I guess you forgot to add your HODLing has nothing to do with your regular income. So if you're into HODLing as a means for raising income, your approach will definitely shift. All said, it's your sweat and sweet, do with it as it seems best for you, because it's meant to be used someday. As for me, I sell when I see a need.

Ryker1

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Quote from: nurilham on August 26, 2021, 04:22:42 PM

For holding, I think each person can have a different target. But surely, no one plans to hold forever. If you ask me, simply I will say to hold until Bitcoin price can reach $65k+. I don't target till Bitcoin price about $100k, for me to sell my Bitcoin at $65k-$70k is enough. After selling all my Bitcoin, then I will focus on selling my altcoins, will plan to convert all to USDT. So, before the end of this year, I am only holding USDT.

Well that depends upon on the holder on which profit they are preferred, if the holder is contented with the small amount that is being held and sold of the desired target, that is fine because at least he makes a profit after holding for a long time or even in a short time. I like your idea, you are aiming at a small profit that potentially will happen in a short period of time of bitcoin because, for me, bitcoin will not grow too much, it will always have resistance after dropping the price and after dumping, it follows with pumping.

milewilda

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Quote from: Vaculin on August 26, 2021, 03:31:02 PM

Quote from: Salamstar on August 26, 2021, 02:54:41 PM

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?

Patience and waiting sometimes benefit more than selling and rushing, so you have to develop a good plan to manage your capital tightly so that you trade part of it and sell at the height that satisfies you and keep another part for investment in the long term, and thus you are profiting now and in the future as well.

Patience with the right plan, that will benefit you because you know when exactly you will sell. You cannot be certain as to what time you'll sell but you'll know you'll sell when you reach your target profit, that's called being smart and able to control your greediness because if not, you might end up panicking and will only waste your time and effort for waiting.

Having investment and making some plans on when to sell is something not that easy because we've seen on how this market moves and the possibly opportunities that you could experience
and this is why lots had decided on holding up for long term or no matter what happens to the market and there are people who are really diamond hands to do that but if we do go into
the realistic side of things then it would be more worth of if we do able to see profits on short term duration and make some re-rolling until you do make your investment way more
bigger compared as before.

nurilham

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For holding, I think each person can have a different target. But surely, no one plans to hold forever. If you ask me, simply I will say to hold until Bitcoin price can reach $65k+. I don't target till Bitcoin price about $100k, for me to sell my Bitcoin at $65k-$70k is enough. After selling all my Bitcoin, then I will focus on selling my altcoins, will plan to convert all to USDT. So, before the end of this year, I am only holding USDT.

Kusman

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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.

Vaculin

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Winding down.

Quote from: Salamstar on August 26, 2021, 02:54:41 PM

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?

Patience and waiting sometimes benefit more than selling and rushing, so you have to develop a good plan to manage your capital tightly so that you trade part of it and sell at the height that satisfies you and keep another part for investment in the long term, and thus you are profiting now and in the future as well.

Patience with the right plan, that will benefit you because you know when exactly you will sell. You cannot be certain as to what time you'll sell but you'll know you'll sell when you reach your target profit, that's called being smart and able to control your greediness because if not, you might end up panicking and will only waste your time and effort for waiting.

Salamstar

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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?

Patience and waiting sometimes benefit more than selling and rushing, so you have to develop a good plan to manage your capital tightly so that you trade part of it and sell at the height that satisfies you and keep another part for investment in the long term, and thus you are profiting now and in the future as well.

Boomber

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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?

hold in my opinion is not selling cryptocurrency that I have when the price dump or have not reached the target that I want, then of course I will hold until my target is reached, so before my target is reached then I will definitely hold it and will never sell it before the price reach the target that I want, then of course i will never be greedy and change my target, because it can make me lose my money and will make me never sell my cryptocurrency even if the price has reached my target.

Cryptmuster

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I think there should be a price set when you want to sell your bitcoins. For example, it could be the price of $ 1,000,000. This is just an example, everyone can determine this price for themselves, for someone it will be $ 100,000, and someone may have already sold and no longer hold their bitcoins. Bitcoins themselves cannot be a goal, a person must have a goal that he wants to achieve and bitcoins should help him to do this. And keeping bitcoins forever doesn't make any sense.

Veter2000

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It all depends, first of all, on your investment goal, because you can save up for a pension, home, children's education, that is, the investment goal should be specific. Secondly, your financial situation and investment goal can change over time. It would be wise to sell some of the cryptocurrencies to pay off any debts.

dimonstration

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Dimon69

Quote from: v3liana on August 25, 2021, 02:11:27 AM

A few years or more. It's money that I'm willing to lose anyway. I’m personally holding until bitcoin hit 100k and then reinvesting into ethereum or any other crypto with low marketcap. Bitcoin seems to be losing its grip and will eventually become inferior me thinks.

It was my plan too when I started to hold BTC 2017 but when the dump in 2018 happens and Im in need of money by that time I learn to just trade it and reinvest whenever possible. It's good if we were able to hold BTC longer without panicking whenever the price drops. We will see BTC reach more high as adoption and institutions adopts it. Salute to those who are able to hold longer and following their ppan all throughout.

Cangkeman Wae

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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.

Topic: HODL...until when? - page 2. (Read 2149 times)