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Topic: HODL...until when? - page 6. (Read 2149 times)

hero member
Activity: 924
Merit: 502
SmartFi - EARN, LEND & TRADE
June 27, 2021, 12:04:40 AM
This is really a serious question that many people are asking. And each direction of the crypto industry has its own answer. for traders, this is a more complex division of assets, for investors it is the timing of "hodl" for intusiasts and anarchists, this is not a question at all. Everyone chooses the term that is convenient for him to achieve certain goals.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
June 26, 2021, 01:24:34 PM
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?
2 things:
1. When the target that you've set has been reached.
2. When you need the money badly.

There is nothing wrong it hodling. What's wrong with other hodlers is that there are some who are just hodling and doesn't have any exit strategy which is a wrong thing. As for me, I'm cashing out once or twice every month because I need to pay some bills here and I want to to buy some things for myself too Smiley. Different people have different definitions of hodl. There are some who are hodling just because they want to secure their future. There are some who are just hodling for a short amount of time.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 26, 2021, 11:47:09 AM
What is your hold target?. Hold until you feel it is profitable as you want. Whether you traders or holders we are here, the target is to make us profit. So hold your way to get well deserved rewards.
We're all holding and trading because we're targeting for profit. But there are those people that when the market goes unfavorable, they're quick in selling.

They don't mind thinking before selling and that's why they result in panic selling and that's a very big mistake on their end. You shouldn't sell when you're at loss and you're holding bitcoin unless you just want to cut loss with a few percent.
That obviously will be going to happen when you don't have a plan. It is very important to have this thing otherwise, will go nowhere and brought us to a sad end.

Panicking makes someone turns to emotional stress, I think most of us have such experience ( I can't deny myself) but if we think and keep our mind in focus before we make a decision, maybe we can overcome the stress. Most people had suffered difficulties here because they let their emotions controlled them. That is a huge factor that could affect our decision-making and brought us to worse.
We did experience it.

And that's why as someone who had that experience, I know that holding will make sense if you're very long-term on bitcoin. Panicking won't help you on the very red days.

Being emotional won't help too.
jr. member
Activity: 70
Merit: 2
June 26, 2021, 11:43:34 AM
Given significant enough holdings one can borrow against BTC for life needs, should the stack be significantly large enough there may not be a need to sell bitcoin ever.
sr. member
Activity: 784
Merit: 252
June 26, 2021, 11:08:11 AM
the one who can determine this is yourself because basically everyone has different targets in determining this, but what is certain is to stop being a hodler when you have made a profit. And don't be too greedy for anything.
don't imitate others until when you want to be hodlers, just be yourself with your own plans and targets too
member
Activity: 235
Merit: 10
June 26, 2021, 06:57:59 AM
Depends on your aims really. You may want to have some funds for your old years, or to spend it on your kids, or buy a big house or just withdraw it in 3 years to live on fiat. You shall define your biggest and most expensive aim of your life and hold until you'll be able to afford it.
hero member
Activity: 2968
Merit: 687
June 26, 2021, 06:51:40 AM
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.
We do really have different goals and target in life on which these kind of decisions will really be different to each other because same as mentioned that we do have different targets.

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.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
June 26, 2021, 06:43:17 AM
I am a hodler and for me the only time to cash out is probably when you really need the money the most. That's how I base my selling time, when I need it and since I am still a student, I don't have to worry too much about spending so I have a flexible way of selling my bitcoin.
newbie
Activity: 21
Merit: 0
June 26, 2021, 06:39:17 AM
I'm HODLing will minimum $100k - although to be honest I think when we do eventually hit that level it will likely fly past it so in reality i'll be waiting to see how that pans out before I sell anything.
full member
Activity: 1708
Merit: 105
June 26, 2021, 06:25:08 AM
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 can certainly have a different character in addressing something as well as about HODL. there could be someone who really wants to live up to expectations with the achievements of the renewable ATH. But there are also those who don't have to do that, just after seeing the gains are good enough and let go.
it all comes back to what one wants to achieve from the goal to HODL.

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.
as I said above that everyone has a very different assessment character, so it's legitimate because the most important thing is that the goal is clearly the same, seeking the desired profit.

while to achieve profit, there are those who can have different perceptions, there are those who just want a reasonable profit and can repeat again as soon as possible, but there are those who want to achieve the best price, which is to achieve renewable ATH.

all ultimately returned to each of their individual in carrying out the wishes to be achieved.
full member
Activity: 616
Merit: 161
June 26, 2021, 05:45:38 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?

Hodl has become a pop catchphrase for sure, and I think people just scream it out loud without having a clear plan on what that is, but those same people will probably hodl just until the next cycle and then cash out. I think that hodl in a broader sense for the long-term investor means hold out until crypto, in general, catches a positive trend and starts being widely acceptable not just by individuals but also by governments. To sum it up, hodl until things stabilize, if that happens at all.
sr. member
Activity: 1876
Merit: 318
June 26, 2021, 05:33:07 AM
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.
full member
Activity: 1512
Merit: 115
June 26, 2021, 05:28:54 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?
HODLing your Bitcoin or any other cryptocurrency cannot be forever. You most certainly have a time when you just have to realize that your Investment is good for you to take profit from. Cryptocurrency is investment right, and if that is the case, I don't see why investors should hodl forever and not enjoy dividends or profits from what you have invested on, so every investor will definitely have their own time to take some profits from their investment.   
legendary
Activity: 2310
Merit: 1848
June 26, 2021, 05:21:09 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?

In the best case, you don't have to pay out, you can use bitcoin for everything. So not just as a store of value, which he believes will be for a longer period of time. I would hate to swap for fiat, prefer to pay with bitcoin or invest. Otherwise I will only pay out when i really need it.
full member
Activity: 1176
Merit: 100
Next Generation Web3 Casino
June 26, 2021, 03:31:55 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?
In my opinion, hold is a coin that has been purchased and is intentionally stored for the long term like people buy eth coin or BNB coin, there is also a hold which means that a coin that has been purchased then the price drops and then they conclude that they keep their coins in the long term like people who buy venus coins.
sr. member
Activity: 2436
Merit: 343
June 26, 2021, 03:22:47 AM
What is your hold target?. Hold until you feel it is profitable as you want. Whether you traders or holders we are here, the target is to make us profit. So hold your way to get well deserved rewards.
We're all holding and trading because we're targeting for profit. But there are those people that when the market goes unfavorable, they're quick in selling.

They don't mind thinking before selling and that's why they result in panic selling and that's a very big mistake on their end. You shouldn't sell when you're at loss and you're holding bitcoin unless you just want to cut loss with a few percent.
That obviously will be going to happen when you don't have a plan. It is very important to have this thing otherwise, will go nowhere and brought us to a sad end.

Panicking makes someone turns to emotional stress, I think most of us have such experience ( I can't deny myself) but if we think and keep our mind in focus before we make a decision, maybe we can overcome the stress. Most people had suffered difficulties here because they let their emotions controlled them. That is a huge factor that could affect our decision-making and brought us to worse.
full member
Activity: 1274
Merit: 115
★Bitvest.io★ Play Plinko or Invest!
June 26, 2021, 03:12:03 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?
HODL untill you reach the price that you want untill you reach your goal.
Always set up a price or goal when you are investing don't just keep on buying without the plan of taking profit.
We all invest to gain profit but we all have different goals of profit so plan your investment when to cut loss or take profit so you wouldn't have a hard time deciding.
hero member
Activity: 1344
Merit: 565
June 26, 2021, 03:09:55 AM
For me,  Basically, it all depends on when I invested and how much profits I have accumulated from that time and if there is still potential for the market to continue to rise, that is, are we in a bull market or not? If my investment was really from a lower price and the market for that coin/token has gone up quite significantly, then I know I have to take profits from my investments and if the market is in a bull trend, I might hodl on for a bit but I will always take profits. I don't see HODLing through Bulls and Bears without taking profits as a wise option.
sr. member
Activity: 924
Merit: 255
June 26, 2021, 03:07:39 AM
for me personally.. before I want to reach the profit target I must get.. I will keep holding it, rather than having to lose, it's better to increase the period of holding. Just instill a sense of optimism, while bitcoin is still in its popularity , no need to hesitate in investing, is not necessary.
hero member
Activity: 2884
Merit: 579
Hire Bitcointalk Camp. Manager @ r7promotions.com
June 22, 2021, 05:02:29 PM
What is your hold target?. Hold until you feel it is profitable as you want. Whether you traders or holders we are here, the target is to make us profit. So hold your way to get well deserved rewards.
We're all holding and trading because we're targeting for profit. But there are those people that when the market goes unfavorable, they're quick in selling.

They don't mind thinking before selling and that's why they result in panic selling and that's a very big mistake on their end. You shouldn't sell when you're at loss and you're holding bitcoin unless you just want to cut loss with a few percent.
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