I got to wonder... what about those ppl who own a ton of btc... like imagine 100 btc or more etc. I mean that is more than enough to retire right now if they were to sell everything. Then you have those whales who probably have 500 btc or more. I mean... even if you sell half of that, that is already rich etc.
I also don't understand the thing with rich people... if they have like a huge net worth already... think like 10 million dollars or more... isn't that enough to just not care anymore? Like why be concerned with price or that when they are already super rich?
Topic: HODL...until when? - page 5. (Read 2168 times)
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?
Why cash out? When bitcoin hits another 1.5 to 2 orders of magnitude in fiat terms, it will be more stable and you can just transact easily in bitcoin.
If you think you can time when to get in and when to get out, just ask the people wiped out by margin calls how that worked. Or who sold in March 2020.
I think the correct answer would be that you have no other reason. It is subject to everyone's opinion about Bitcoin and future prospects. Unfortunately, many people cannot control themselves to face the current situation. Holds are kept by those who have lazy money. Or to put it bluntly, those who have no economic weakness. They can only hold.
What do holders actually do? If the investment period is long, it is called hold. Bitcoin is fluctuating a lot these days and because of this fluctuation, only mentally strong people can hold their currency in the current situation. Because most people sell in panic. But my opinion is that you should never cash all your bitcoins. Leave some bitcoin for your future generations.
What do holders actually do? If the investment period is long, it is called hold. Bitcoin is fluctuating a lot these days and because of this fluctuation, only mentally strong people can hold their currency in the current situation. Because most people sell in panic. But my opinion is that you should never cash all your bitcoins. Leave some bitcoin for your future generations.
To hold isn't a common rule everyone should follow exactly the same way. Each person has different goals and necessities in life and have to adequate their holding strategies to their own lifestyle in order to fulfill these needs. For how long to hold is a very personal decision that is only up to each individual. I can only say the profitability of bitcoin is much more promising the longer you hold, but you are the one who decides when to sell and shouldn't always take in consideration what others are doing before selling or buying your coins, because again, everyone has different goals and necessities.
Develop your intuition, set financial goals in your life, learn how to manage your money and you will find the answer for this question in yourself.
Develop your intuition, set financial goals in your life, learn how to manage your money and you will find the answer for this question in yourself.
Being wise start from picking or sorting out those available coins inside the market, you should know how to classify good and solid assets which will soon leads you earn decent amount of money.
Work on with your good research and make sure to extend your time and effort, tough job but very profitable if you do it the right way,
all of us wants to learn the right system and have a winning trading strategy.
We have to work hard to do this because sorting out a good and solid coin is not easy even if we choose the top coin, what we are looking for is a quick profit by doing what we can even faster profit with full hopeWork on with your good research and make sure to extend your time and effort, tough job but very profitable if you do it the right way,
all of us wants to learn the right system and have a winning trading strategy.
I know this research is quite long and requires a strong strategy for us to show, to be honest I am not easy to do this and even continue to learn about technical analysis so that I can be more fluent in reading all directions of indicators and I think if the determinant for HODL does not need a strategy etc. the important thing is that you are ready for a long time with the word HODL.
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?
exactly Hodl is planned to get bigger profits when prices are rising sharply. if we sell it now it will be used by those who make purchases at low prices, therefore Hodl is advised that we do not throw away the coins we have at low prices, it does not mean planning savings for retirement
Because everyone has their own reasons for how long they hold the Bitcoin they have. So we really shouldn't be able to blame other people who
decided to sell their current Bitcoin. As you said it is possible for people selling their Bitcoins to need money in the near future. So whatever decision
we make, we ourselves must bear it. But my advice is not to sell the Bitcoins we have in a panic, it's something we will regret later.
they have the right to what they have and do it and nothing can stop it, but I just underline your statement which I think is very relevant at this time, don't sell bitcoin in a panic situation, because anything done in panic will have repercussions be something that is not in accordance with the wishes.decided to sell their current Bitcoin. As you said it is possible for people selling their Bitcoins to need money in the near future. So whatever decision
we make, we ourselves must bear it. But my advice is not to sell the Bitcoins we have in a panic, it's something we will regret later.
indeed sometimes bad news about bitcoin, always haunts people to do something that is not analyzed first but puts the panic in place. which does not make us unable to learn to think carefully before doing that.
Bad news received and not well thought out actions have had a profound effect on bitcoin's deep correction, but this dreaded behavior will continue and will not change. because bad news is sometimes created to benefit the news maker, and not good for crypto developments in general.
Unfortunately many people can't control themselves to face the current situation. Which it must be admitted makes some investors stressed,
because the market has not yet recovered. Only people with mentally strong could hold coins in the current situation. Most people panic and
sell the Bitcoin they have, which is not the initial goal that many people want. And don't make bad news an excuse for us to panic and sell
our Bitcoins, should be with a lot of bad news circulating we can be more patient with it. No matter how much bad news circulates, it won't last long,
because the good news will come in the end. A patient person who usually succeeds enjoys positive results.
I will hold back if my target has been reached, and will no longer be for the new target, I will take all of them, because if I trade with greed it will turn things around, it will be a bad thing. as initially profit becomes a loss.
Hold until your desired profit. In market sometimes a long time holders can think that hold until when , its depend on their profit that he has make in his mind. You don't know about exact what high price it will go. Trading or holding both are undetermined work mean when to enter or when to say goodbye but to cover this situation you have to hold your coin and forget for sometimes until coin take some journey toward success and development. You will be going to take a big profit.
You have to have some goals and not just have a desired profit because it's practically impossible to know when you will get to get that desired amount also worth mentioning that if you can make money along the way, always try to grab the opportunity.I had been there before so i know when to say i want this or i want that.
Hold until your desired profit. In market sometimes a long time holders can think that hold until when , its depend on their profit that he has make in his mind. You don't know about exact what high price it will go. Trading or holding both are undetermined work mean when to enter or when to say goodbye but to cover this situation you have to hold your coin and forget for sometimes until coin take some journey toward success and development. You will be going to take a big profit.
\Same as your investment must not be a funds that you expect to take in certain time instead the funds must be the willing to risk for long time.
Hold until your desired profit. In market sometimes a long time holders can think that hold until when , its depend on their profit that he has make in his mind. You don't know about exact what high price it will go. Trading or holding both are undetermined work mean when to enter or when to say goodbye but to cover this situation you have to hold your coin and forget for sometimes until coin take some journey toward success and development. You will be going to take a big profit.
You have to have some goals and not just have a desired profit because it's practically impossible to know when you will get to get that desired amount also worth mentioning that if you can make money along the way, always try to grab the opportunity. 
For me, when I really need the funds. Which I don't at the moment.
Smart ones will take profits when they are ready to, and re-enter when there's a correction. While having some stash too.
Smart ones will take profits when they are ready to, and re-enter when there's a correction. While having some stash too.
smart ones i wish i could be one of them
but this man talking right take profit when you think its enough dont be greedy when trading.
when you hodl my advice is to pick the coin that have real use case dont pick the shitcoin unless you lucky like shiba coin listed on binance
or choose coin that have staking feature like cardano so when the value drop you can start staking it
Being wise start from picking or sorting out those available coins inside the market, you should know how to classify good and solid assets which will soon leads you earn decent amount of money.
Work on with your good research and make sure to extend your time and effort, tough job but very profitable if you do it the right way,
all of us wants to learn the right system and have a winning trading strategy.
Because everyone has their own reasons for how long they hold the Bitcoin they have. So we really shouldn't be able to blame other people who
decided to sell their current Bitcoin. As you said it is possible for people selling their Bitcoins to need money in the near future. So whatever decision
we make, we ourselves must bear it. But my advice is not to sell the Bitcoins we have in a panic, it's something we will regret later.
they have the right to what they have and do it and nothing can stop it, but I just underline your statement which I think is very relevant at this time, don't sell bitcoin in a panic situation, because anything done in panic will have repercussions be something that is not in accordance with the wishes.decided to sell their current Bitcoin. As you said it is possible for people selling their Bitcoins to need money in the near future. So whatever decision
we make, we ourselves must bear it. But my advice is not to sell the Bitcoins we have in a panic, it's something we will regret later.
indeed sometimes bad news about bitcoin, always haunts people to do something that is not analyzed first but puts the panic in place. which does not make us unable to learn to think carefully before doing that.
Bad news received and not well thought out actions have had a profound effect on bitcoin's deep correction, but this dreaded behavior will continue and will not change. because bad news is sometimes created to benefit the news maker, and not good for crypto developments in general.
Hold until your desired profit. In market sometimes a long time holders can think that hold until when , its depend on their profit that he has make in his mind. You don't know about exact what high price it will go. Trading or holding both are undetermined work mean when to enter or when to say goodbye but to cover this situation you have to hold your coin and forget for sometimes until coin take some journey toward success and development. You will be going to take a big profit.
For me, when I really need the funds. Which I don't at the moment.
Smart ones will take profits when they are ready to, and re-enter when there's a correction. While having some stash too.
Smart ones will take profits when they are ready to, and re-enter when there's a correction. While having some stash too.
smart ones i wish i could be one of them
but this man talking right take profit when you think its enough dont be greedy when trading.
when you hodl my advice is to pick the coin that have real use case dont pick the shitcoin unless you lucky like shiba coin listed on binance
or choose coin that have staking feature like cardano so when the value drop you can start staking it
The answer is simple. There is no certain level for everyone. People set their own price goals. When it is reached, they sell. So, HODL doesn't mean something like we hold our coins forever.
Everyone has a different answer, so the best answer is to ask yourself. Because we all have different targets, so it's up to us to HODL Bitcoin until when.The most important thing is not how long we can hold Bitcoin, but how sure we are with the targets we have set. My advice as long as our target has not
been achieved then we must HODL the Bitcoins we have. Because of the success of holding Bitcoin when we can be patient holding until the target we
set is achieved.
Hodl is something that cant really be determined because people do have different mindset which means indefinite situations on when they should sell.
Lots of factors like in need of money will be one of the reasons on why people do make sell, some do panic and some do reach out their goals and that's made out such decisions.
Because everyone has their own reasons for how long they hold the Bitcoin they have. So we really shouldn't be able to blame other people who
decided to sell their current Bitcoin. As you said it is possible for people selling their Bitcoins to need money in the near future. So whatever decision
we make, we ourselves must bear it. But my advice is not to sell the Bitcoins we have in a panic, it's something we will regret later.
there are some people who hold the goal is to wait for the price of the coin to go up if the coin has gone up in price most people sell the coin, and there are also those who hold it for future assets such as people who hold bitcoin they don't sell bitcoin even though the price has gone up maybe they have a target in the future.
There's a specific price when someone has to sell. Like the last ATH was not their target but they think that it's already the top so they have to sell and wait again for the time to buy.And for those long term holders, we're going to wait as much as we can and we don't mind what's happening in the market. As long as we're holding, it's all that matter whether the market bleeds or not.
BTC was unpredictable, the price goes up extensively, and goes down abruptly, and sometimes, it was resting for two to three years, before it becomes aggressive.
It was your choice to HODL for long investment or sell when you reach your target price, cause, when you wait too long, possible it was too late to enjoy it.
It was your choice to HODL for long investment or sell when you reach your target price, cause, when you wait too long, possible it was too late to enjoy it.
Until the price is sky high, and Waiting is not an easy thing to do, hold takes a lot of courage and persistence before you can benefit from it. It is also a risky game because there will always be the possibility of having one thing you are waiting for to fail or keep going down with no hope of going up. Hold is also one of the most effective and important strategies in crypto. And quite a number of successful holders in waiting for the price of the coin to rise.
there are some people who hold the goal is to wait for the price of the coin to go up if the coin has gone up in price most people sell the coin, and there are also those who hold it for future assets such as people who hold bitcoin they don't sell bitcoin even though the price has gone up maybe they have a target in the future.
That should be the ideal goal because you consider bitcoin as a long-term investment that you have to wait for it to finally sell it and get enormous profit if you waited long enough and the profit margin is pretty wide. But there's nothing wrong with selling when the prices go up with a small profit margin, profit is profit and it's the same for those that sell when the prices are going down and they sell immediately to cut losses. 
there are some people who hold the goal is to wait for the price of the coin to go up if the coin has gone up in price most people sell the coin, and there are also those who hold it for future assets such as people who hold bitcoin they don't sell bitcoin even though the price has gone up maybe they have a target in the future.
Jump to: