Topic: HODL...until when? - page 3. (Read 2149 times)
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.
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?
The first thing when entering the market and buying BTC is that we have to be patient and hold for the long term, and what you are wondering is how long to hold? Each has its own buy price and sell target for a certain amount. individual profit, so everyone's thinking is very different, difficult to answer, but if investors are smart and know the future value of BTC and know about BTC, they will certainly keep it for a long time. , not easy to sell with a small bargain 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 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.
All trends of course there are ups and downs, if bitcoin now is very popular then we have to be realistic, if we already get a big profit for example 50% then selling is a better thing, if we want big profits again then buy altcoins that have the potential to skyrocket in the short term is an easier thing to do.
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.
How long should you be holding your bitcoin? There is no simple answer to that question because it depends on who you ask. Due to the fact that people have different goals, beliefs, values, preferences, etc. their attitude towards holdind may vary significantly, and, what is more important, it can change over time. I heard many times from bitcoin maximalists that they are going to hodl until the end of time. It seems to me they slightly being hypocritical because what is the point of money if you're never going to spend it? The truth is today, they have another source of income, the government money they can live off. Bad money which they can spend instead of good bitcoin. But what happens when there is no longer fiat money, and the only money you can buy things with is bitcoin? Will you still be holding not spending? They are going to starve to death by refusing to spend money.
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 is an investment strategy until you find a good return and are ready to sell for a profit based on your criteria. But should accept at a certain level of profit, and should not be greedy. Holding is a form of discipline to follow in this market. Hold at the right time and sell at the right time is a standard of profitability. And not everyone can achieve itI 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?
Calculating distance and profit on Hold is essential. Holding too long also has side effects. Lol
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?
people's opinion about hold is different. I myself apply hold and sell when the price increases. there is no time limit. but when the price goes up whenever i can sell it. so the conclusion of hold in my opinion is until we get a profit. 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, retirement, vacation, plan.
Anything that someone wants to treat his holding with those and knowing when to sell, it will go down to your satisfaction and belief on bitcoin.
I've read some said up to $1m they will hold. If you've got a lot and can endure the hear with every correction, aim at least 10%-25% higher of the current price and then so on so forth.
Anything that someone wants to treat his holding with those and knowing when to sell, it will go down to your satisfaction and belief on bitcoin.
I've read some said up to $1m they will hold. If you've got a lot and can endure the hear with every correction, aim at least 10%-25% higher of the current price and then so on so forth.
Bitcoin has given me a lot in my life, when i was mining with 3 units of S7 from 2015 to 2018 i was able to buy things that i used to think impossible, even though i can no longer earn like 3 years ago but i am very grateful with bitcoin. maybe I will buy and hold until the target price I want can be achieved.
HODLing is not for everyone. This is why when markets are green only a minority of people benefit from their long-term (ie. >5 years) of holding.
The strategy works for people who are not dependent on that money for their living expenses and hence can live life without it. Unfortunately, not many people have that possibility and thus end up selling when they reach their risk level or profit margin their happy with, but that doesn't mean that they're not doing the wright thing - they just do what is right for them.
So, HODLing is great but so is day trading and it is your personal circumstance that determines which one of these two sides you fall into.
maybe I can agree with what you mean, because you are right in saying that whatever someone will do, be it HOLD or Day Trading, will certainly be as good if it is done at the right time with good analysis.The strategy works for people who are not dependent on that money for their living expenses and hence can live life without it. Unfortunately, not many people have that possibility and thus end up selling when they reach their risk level or profit margin their happy with, but that doesn't mean that they're not doing the wright thing - they just do what is right for them.
So, HODLing is great but so is day trading and it is your personal circumstance that determines which one of these two sides you fall into.
Doing a hold can certainly take a long time and is usually in accordance with the halving situation which will always occur for every 4 years where it is certain that the price will increase from the moment you bought it to be held. will always happen and again it takes a long time to get the best results.
even if you are going to do day trading it will also be as good as Hold if it is done well planned, indeed the risk will be greater for day trading compared to Hold and almost certainly Hold without any risk other than of course time.
HODLing is not for everyone. This is why when markets are green only a minority of people benefit from their long-term (ie. >5 years) of holding.
The strategy works for people who are not dependent on that money for their living expenses and hence can live life without it. Unfortunately, not many people have that possibility and thus end up selling when they reach their risk level or profit margin their happy with, but that doesn't mean that they're not doing the wright thing - they just do what is right for them.
So, HODLing is great but so is day trading and it is your personal circumstance that determines which one of these two sides you fall into.
The strategy works for people who are not dependent on that money for their living expenses and hence can live life without it. Unfortunately, not many people have that possibility and thus end up selling when they reach their risk level or profit margin their happy with, but that doesn't mean that they're not doing the wright thing - they just do what is right for them.
So, HODLing is great but so is day trading and it is your personal circumstance that determines which one of these two sides you fall into.
The way I look at it is another investment for the long term. I have no plans to sell any crypto unless I need the money in an emergency to fund something or to reinvest into crypto in another way such as diversify into another coin, adding another few ASICs or GPUs to mine. Other than that I plan to hold at least another 3-5 years before evaluating what I want to do with the core holdings.
One thing that you must take into consideration on the various investment advices you read from comments here is that, they aren't final. It might offer a way out on financial freedom or how to make the most of your crypto investment but, how you should to enjoy these benefits is up to you.
Hodling has never change and won't. In fact, your never going to hear a time when, it would be advocated that people should sell and take profit no matter how ripe the market might seem. That's because, which ever benefit you enjoy at any point in time, it isn't ultimate but that doesn't mean, it isn't enough for you. You have to find that point when it agrees with you via ROI wise then, you've got your green.
Hodling has never change and won't. In fact, your never going to hear a time when, it would be advocated that people should sell and take profit no matter how ripe the market might seem. That's because, which ever benefit you enjoy at any point in time, it isn't ultimate but that doesn't mean, it isn't enough for you. You have to find that point when it agrees with you via ROI wise then, you've got your green.
If I am on retirement money of course I will buy bitcoin and HOLD it for a long time and after that forget the wallet that kept it and reopen after a long time, I want to prove that bitcoin brings higher ROI over a long time.
There are so many ways to hold it, whether it's futures or targeted but if I have money saved I won't forget the opportunity, for me the starting point is the most daring thing.
Try using cold money for HODL.
There are so many ways to hold it, whether it's futures or targeted but if I have money saved I won't forget the opportunity, for me the starting point is the most daring thing.
Try using cold money for HODL.
Savings, retirement, vacation, plan.
Anything that someone wants to treat his holding with those and knowing when to sell, it will go down to your satisfaction and belief on bitcoin.
I've read some said up to $1m they will hold. If you've got a lot and can endure the hear with every correction, aim at least 10%-25% higher of the current price and then so on so forth.
Anything that someone wants to treat his holding with those and knowing when to sell, it will go down to your satisfaction and belief on bitcoin.
I've read some said up to $1m they will hold. If you've got a lot and can endure the hear with every correction, aim at least 10%-25% higher of the current price and then so on so forth.
Those who advocate hodling, when do you cash out?
I mean, dying hodling is not the plan, is it? Eventually, you'd need to enjoy the fruits of your patience, right? When is that, when someone says "hodl"? Is it a savings plan? A retirement fund? What does it mean to hodl?
I mean, dying hodling is not the plan, is it? Eventually, you'd need to enjoy the fruits of your patience, right? When is that, when someone says "hodl"? Is it a savings plan? A retirement fund? What does it mean to hodl?
My plan is to hold it for at least 5 or 10 years until I really need money. Also if I see a new big bull run and Bitcoin more than 100 000$ I will start selling, but of course not the whole amount. But now I stick to the strategy of buying small amounts every month, so my average price now is 34 000$ for BTC. You are right that it is pointless not to sell and fix profit at all, as Bitcoin even don’t give you dividends.
If you've got some target profit out of the investment, then hold until it is reached. Apart from this, to make an earning out of cryptocurrency investment one should have patience. Because the market can reach high in no time as well as can get dump unexpected.
Myself have the plan of investing on one particular altcoin which I sold during the bearish market. This grew high by now, and looking at this I've decided to buy and hold that specific coin until it reaches its ath once again.
Myself have the plan of investing on one particular altcoin which I sold during the bearish market. This grew high by now, and looking at this I've decided to buy and hold that specific coin until it reaches its ath once again.
I guess it can be said that patience is truly a virtue in cryptocurrency. While it is true that there are risks in holding, primarily the devaluing of coins, there are also benefits and rewards waiting for those who do. I personally hold until the day came that I think it is time. I take all the time that I need in researching and deciding when to actually do it, to maximize the profit that I may gain. But it is important to also consider that there is volatility and so lost chance to sell for a good price is melancholy.
^ Probably those people that can hold longer time are those people who have abundant resources when it comes to financial, because the reason to pull out your investment is when the most you needed and there is nothing left with you, so even you know that the market had crushed too much. You still sell your BTC to fiat just because you need financial support. I hold some BTC, but sometimes when I need badly a money I can't control myself selling a small portion that I holding in my portfolio. Nevertheless, if you can able to hold for how many years and set as a retirement plan, much better. 
That's the simple meaning of HODL, it's mostly based on the target price, not the target date.
Target price it is. If you have set a target date, you'll never know how much it is going to be and if the price seems to be low and you've set the date to sell, you probably won't continue to sell on that date. Hodl until you meet the price not the date and there are other people who are saying that it's better to hold and you don't have to sell it. But the main essence of holding is we're trying to reach the highest price as much as possible.most people I see talking about hold have no target selling price. Is as if they were doing hodl until they died without spending any satoshi, I don't understand this way of thinking because in principle bitcoin is equal to money so it's something to be used and not to be kept forever, it's true that the value of bitcoin increases when there's a lot of demand, but that doesn't mean people should hodl forever. in my case I use bitcoin whenever I need
I guess it can be said that patience is truly a virtue in cryptocurrency. While it is true that there are risks in holding, primarily the devaluing of coins, there are also benefits and rewards waiting for those who do. I personally hold until the day came that I think it is time. I take all the time that I need in researching and deciding when to actually do it, to maximize the profit that I may gain. But it is important to also consider that there is volatility and so lost chance to sell for a good price is melancholy.
I'll hodl until it's a life changing amount or until it goes to 0. Nothing between.
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