Topic: Long Term Holders - When Do You Plan To Cash Out? (Read 1062 times)
Long term holders invest the money left after meeting all the life needs. So, they never intend to cashout the long term fund whereas the same doesn't happen with the short term holders. When it comes to short term holders, they just invest limiting their life expenses, so at some point of emergency requirement they cashout. This way short term holders weren't able to hold for long term even if they have the intention for it.
I cash-out some percentage of btc before it cross 20k$ again in 2020 cause i haven’t imagined it could hit upto 67k$ ath. But when i realised then i try to manage my remain btc and try not to sell it in any condision. Rather doing trade so that i could increase more amount of btc in my wallet. Still i don't know when should i cash-out from it but if it cross 100k$ then maybe i cash-out a little amount for celebrate
many people are just as surprised as you are after BTC hit the highest ATH. You don't have to regret releasing BTC, even if the price goes up but you already get a return on your investment. crypto is very unpredictable and crypto often amazes everyone with current developments. talk about long term investment i agree with you to resell once the price reaches $100kLong-term investing is one of the best strategies in crypto.
it should have been honestly but not everyone will be able to afford the longetivity of the duration because of one needs or the other, many have planned for a long time investment but could have the patience to the end thereby withdraw, I understand that sometimes we have matters beyond our capacity which are often refered to as unforseen circumstances which will prompt an opt-out for crypto investment.
people curious about the success they have had from trading to long-term investments
This same people would have on countless times experience set back loosing quite a good amount worth a business start-up but maintain their stance with the commitment not to give, in shot everyone has a success story, but i know quite alright that everyone would prefer to cashout when its high just to realize profit but literally it doesn't work like that at the end.
I cash-out some percentage of btc before it cross 20k$ again in 2020 cause i haven’t imagined it could hit upto 67k$ ath. But when i realised then i try to manage my remain btc and try not to sell it in any condision. Rather doing trade so that i could increase more amount of btc in my wallet. Still i don't know when should i cash-out from it but if it cross 100k$ then maybe i cash-out a little amount for celebrate
many people are just as surprised as you are after BTC hit the highest ATH. You don't have to regret releasing BTC, even if the price goes up but you already get a return on your investment. crypto is very unpredictable and crypto often amazes everyone with current developments. talk about long term investment i agree with you to resell once the price reaches $100k 
If you are a holder since the market price of the bitcoin crashes in the the 3k USD i guess anytime you can make a sell but if you are just a holder bought at the time of the price with the ATH and around 40k price of the bitcoin there's nothing wrong still bitcoin is bitcoin no matter what happen just the prices crashes but the amount of the bitcoin are still the same. For me when i hold for a long term ill do make an sell when it comes to the another ATH if the market goes back to the floor again.
Long-term investing is one of the best strategies in crypto. The development of cryptocurrencies can make people curious about the success they have had from trading to long-term investments. for long term investments and when reaping the rewards of course when the market is pumping. BTC is one of the priority investments in my portfolio, it all depends on the conditions and the situation. If the market has provided profits according to the target, then immediately release it.
I regretted not buying and holding BTC while it was still very cheap years ago, especially the time when I panic sell my BTC for USDT, but eventually that’s where the boom comes in days later and up to $60k during the time Elon Musk bought a lot of BTC and being bullish about it.
I guess it is more evident to say now that we have seen what happened afterward that Bitcoins price can come back bigger even after a supposedly bad bear market where most people sell off just like what we might be experiencing now with this current market situation which ought to be a buy point for investors but most will still miss the opportunity because they will only invest during bull market. Once you have come to understand Bitcoin, HODLing for the long term regardless of whatever situations are in between pays off in the end.
I regretted not buying and holding BTC while it was still very cheap years ago, especially the time when I panic sell my BTC for USDT, but eventually that’s where the boom comes in days later and up to $60k during the time Elon Musk bought a lot of BTC and being bullish about it.
If I were to hold a large amount of BTC, I think it really depends on the situation like if there are big emergency cases. However for normal times like this, I wouldn’t sell even if it’s on an up or down trend and can be used as a collateral when I want to acquire something in real life that needs proof that I am more capable of affording that stuff. That’s just me of course.
If I were to hold a large amount of BTC, I think it really depends on the situation like if there are big emergency cases. However for normal times like this, I wouldn’t sell even if it’s on an up or down trend and can be used as a collateral when I want to acquire something in real life that needs proof that I am more capable of affording that stuff. That’s just me of course.
Certainly not now. Haven't cashed anything since 2013 (actually never did) so now would be the worst time doing it. I'm sure good things will come someday and we will see BTC at $100K, $300K and beyond. The strong hands will win. The weak hands will lose.
I cash-out some percentage of btc before it cross 20k$ again in 2020 cause i haven’t imagined it could hit upto 67k$ ath. But when i realised then i try to manage my remain btc and try not to sell it in any condision. Rather doing trade so that i could increase more amount of btc in my wallet. Still i don't know when should i cash-out from it but if it cross 100k$ then maybe i cash-out a little amount for celebrate
well nothing is wrong when cashing out Bitcoin because that is the purpose of it earning profit so that you have something to spend on. I know a lot of us will really be confused on when to sell because we really dont know what is the next ATH and and that is the best time to sell but now the problem is how do you detect it, as my self i would say that it is not about when to sell it is about when you'll need a money because that is the time you really need it to spend it on important matter
the fact is that long term holders dont plan to cashout ,they would rather hodl for long more except for emergencies. many early hodlers have made the mistake of cashing out so early and they regretted it in the sense that they just sold without any real reason justifiable. so its a long journey and hodlers are ready to ride it for long.
That's exactly it. Those of us who survived more than one cycle came to the conclusion that when all the dust settles, it's the selling at lows that we regret, not holding at highs.
When the price crashed I sold some of my coins and I know a guy who sold everything at a loss in 2014. Its those things that hurt you in the long run. When price hits a new high and it eventually will, you won't think that you did not sell at 60k. It won't matter because in your head you'll already be past that.
For me the hardest part was holding at really low prices when I knew I had very little value stored in my coins. When it became a lot of money it stopped bothering me. I knew that whatever happens I'll never have less than I had when I bought my first coin.
When you buy at 10k USD and it goes back to 3k that's where you feel bad and it begins to wear you down, making you want to end this and just sell and be done with it. When you buy at 10k and it goes to 60 and then back down to 20, it's just another day.
I am not a long term holder although I am very interested in becoming one. It is difficult to become a long-term holder when we still want to maintain capital growth by taking advantage of price volatility.
Long-term holders may be able to sell some of the bitcoin they hold only to withdraw the initial capital and start holding for every bitcoin they hold thereafter. If it was me, then I would do this option where every bitcoin I hold is the result of the profit I made so it doesn't matter if the price drops any time.
Long-term holders may be able to sell some of the bitcoin they hold only to withdraw the initial capital and start holding for every bitcoin they hold thereafter. If it was me, then I would do this option where every bitcoin I hold is the result of the profit I made so it doesn't matter if the price drops any time.
I cash-out some percentage of btc before it cross 20k$ again in 2020 cause i haven’t imagined it could hit upto 67k$ ath. But when i realised then i try to manage my remain btc and try not to sell it in any condision. Rather doing trade so that i could increase more amount of btc in my wallet. Still i don't know when should i cash-out from it but if it cross 100k$ then maybe i cash-out a little amount for celebrate
Everybody is in a different situation. Anybody who bought pre 2017 should probably have taken some pressure off their lives by buying a house or something. Never sell all your bitcoin, hell don’t sell over 50% but it’s a good idea to sell some to make significant positive changes to make your life better.
They say long term hodling will bring you big fortune in the future, but how long will you have to keep and hold it? I guess the very reason why we started investing is to create profits so we can make significant changes in our lives. So i will always stick to it. I try to cash out every time i made a project that needs more funds and when i ran out of budget for my family. But i always see to it that there's more left for my future profits. It's good to spend some of it but make sure you spend your hard earned money not only for fun, but also for valuable purposes too.for long term then it isnt really bad to have that kind of decision but of course the profits that you could make wont really be that much appealing.
then we would really be staying up on holding for more time until we are seeing numbers that we are confident on taking up some action.For minding about on when they would cash out then let them be because
its their money that had been risk not ours but sometimes being too concern of others decisions is really just a common reaction.
the fact is that long term holders dont plan to cashout ,they would rather hodl for long more except for emergencies. many early hodlers have made the mistake of cashing out so early and they regretted it in the sense that they just sold without any real reason justifiable. so its a long journey and hodlers are ready to ride it for long.
Everybody is in a different situation. Anybody who bought pre 2017 should probably have taken some pressure off their lives by buying a house or something. Never sell all your bitcoin, hell don’t sell over 50% but it’s a good idea to sell some to make significant positive changes to make your life better.
They say long term hodling will bring you big fortune in the future, but how long will you have to keep and hold it? I guess the very reason why we started investing is to create profits so we can make significant changes in our lives. So i will always stick to it. I try to cash out every time i made a project that needs more funds and when i ran out of budget for my family. But i always see to it that there's more left for my future profits. It's good to spend some of it but make sure you spend your hard earned money not only for fun, but also for valuable purposes too.for long term then it isnt really bad to have that kind of decision but of course the profits that you could make wont really be that much appealing.
Everybody is in a different situation. Anybody who bought pre 2017 should probably have taken some pressure off their lives by buying a house or something. Never sell all your bitcoin, hell don’t sell over 50% but it’s a good idea to sell some to make significant positive changes to make your life better.
They say long term hodling will bring you big fortune in the future, but how long will you have to keep and hold it? I guess the very reason why we started investing is to create profits so we can make significant changes in our lives. So i will always stick to it. I try to cash out every time i made a project that needs more funds and when i ran out of budget for my family. But i always see to it that there's more left for my future profits. It's good to spend some of it but make sure you spend your hard earned money not only for fun, but also for valuable purposes too. 
Long term holding is worth when profit increase above 300% but if still under 20% profit after holding two or three years later I will take decision with short term holding only. I think with short term or daily trading I can earn profit about 5% in daily day and calculated almost 150% each month, but not sure with keep consistent profit in daily day because have bad thing later when price can't predicting. Better with long term holding if coin as potential at the future like WAVES maybe from 15$ now have reach almost $50.
I am holding bitcoin, ethereum, and some other altcoins for long term hold but i have not done any calculations as to when i will hold them and what could be the right moment to sell these coins. My rough idea is that i would like to hold my coins until the next bull and then think of cashing out 20-40% of my portfolio. Of course, i would never ever sell my whole portfolio unless and until i am in need of money.
It is interesting to see this guy of opinions, my idea about BTC and Hodl I liked a lot from a user who wrote that every time BTC arrived at an ATH he sold some BTC to enjoy, be it a walk, clothes, or enjoy to go out with your family, that is a particularity that is very good, because the money we have we must see, not only have it in BTC and saved, in fact he said that he was waiting for it to reach $100k to do the same, I think that style of thinking is very good because everything is clear and controlled, the fact that he takes and sells in those ath is for me a master move.
Those who have invested in Bitcoin in the long run today but their position is at the top. Those who have been investing since 2017 but today have created huge amount in their bitcoin account.So I would say if you invest in something long term investment then you will see that your invested money has increased enough but it must be good cryptocurrency.
For those people who are long term holders of btc or any crypto, do you have a plan of when you would sell it? I am talking about the coins you are holding long term and not trading or selling short term etc. Such that if you have a set amount of btc or crypto where you are holding long term.
Imagine someone with 5 btc which is a lot of money. That is a lot of money even in first world countries but that isn't even enough to buy a house in many cities in a first world country. But do people here have plans like okay the moment my btc or crypto is worth x amount of money, then I will cash out some part of it or everything?
Now if someone has say 1 btc, they surely need btc to be at least mid 6 figures to even think about cashing it out if they want to think about retiring in a first world country? I know everyone wants more money but if you have a few million dollars, that is more than enough for anyone even in a first world country to retire. Having a million dollars in the US however doesn't make you rich anymore though from what I read. But with people talking about price targets, it depends on how many btc you own for btc. So even if btc went to 500k, well if you only have 0.1 btc, well you are not rich. But someone with 5 btc is going to be rich.
The other thing is if someone has that much money, wouldn't it make sense for them to sell all their btc and basically invest in stablecoin and just earn passive income from it? Imagine someone with 5 btc and btc goes to 500k. That is 2.5 million dollars. After tax, let say they still have at least 1.5 million. But assuming they were holding long term, this number probably would be a bit higher? But let say use 1.5 million dollars after taxes. If that person takes 1 million dollars and then go buy a stablecoin like usdt and stake it on nexo or blockfi or gemini and earn at least 8%... they would earn 80k-100k a year in passive income in that stablecoin which they could then immediately turn it to fiat and cash to their bank account. That is more than enough to live on assuming you do not have crazy expenses.
Now obviously someone could also do staking of stablecoins if they earn a lot of money from stocks or real estate or whatever it maybe. But wouldn't that be the smart thing to do if someone has that much money? Putting money in a regular bank account make zero sense since you don't even earn 1 percent from it... more like 0.01 percent. Also from what I read, with real estate, sure you earn money buying a house and renting it out but you gotta handle repairs and so many other things. So it seems like putting money into stablecoins is the way to go assuming one has a good amount of money no matter where they earned it from?
Imagine someone with 5 btc which is a lot of money. That is a lot of money even in first world countries but that isn't even enough to buy a house in many cities in a first world country. But do people here have plans like okay the moment my btc or crypto is worth x amount of money, then I will cash out some part of it or everything?
Now if someone has say 1 btc, they surely need btc to be at least mid 6 figures to even think about cashing it out if they want to think about retiring in a first world country? I know everyone wants more money but if you have a few million dollars, that is more than enough for anyone even in a first world country to retire. Having a million dollars in the US however doesn't make you rich anymore though from what I read. But with people talking about price targets, it depends on how many btc you own for btc. So even if btc went to 500k, well if you only have 0.1 btc, well you are not rich. But someone with 5 btc is going to be rich.
The other thing is if someone has that much money, wouldn't it make sense for them to sell all their btc and basically invest in stablecoin and just earn passive income from it? Imagine someone with 5 btc and btc goes to 500k. That is 2.5 million dollars. After tax, let say they still have at least 1.5 million. But assuming they were holding long term, this number probably would be a bit higher? But let say use 1.5 million dollars after taxes. If that person takes 1 million dollars and then go buy a stablecoin like usdt and stake it on nexo or blockfi or gemini and earn at least 8%... they would earn 80k-100k a year in passive income in that stablecoin which they could then immediately turn it to fiat and cash to their bank account. That is more than enough to live on assuming you do not have crazy expenses.
Now obviously someone could also do staking of stablecoins if they earn a lot of money from stocks or real estate or whatever it maybe. But wouldn't that be the smart thing to do if someone has that much money? Putting money in a regular bank account make zero sense since you don't even earn 1 percent from it... more like 0.01 percent. Also from what I read, with real estate, sure you earn money buying a house and renting it out but you gotta handle repairs and so many other things. So it seems like putting money into stablecoins is the way to go assuming one has a good amount of money no matter where they earned it from?
If you are a long term hodler, your plan to cash out should only be when it's life-changing money. There's no need to cashout when you are at +10% UNLESS it's life-changing money for you.
Just hodl!
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