Question for all you holders - page 4.

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: jolajola on February 08, 2018, 12:26:59 AM

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

My tentative plan is to hold until I have at least $100,000 in my portfolio and then every year cash a little out. Maybe a 5% cash out every year. This way if the value of my coins continues to grow my balance may be increasing even while I cash out each year.

The point of my investment is to supplement my retirement but we also should consider cashing out some to book those profits if something were to go wrong.

richardsNY

legendary

Activity: 1232

Merit: 1091

My motive is to hold everything till I don't have to use a bank anymore for all daily needs, bills, etc. In my case the better question will be when I will exit fiat, and that I don't know. I am in Bitcoin to be part of a revolution against that what the government and banks represent. If we all adapt to this way of thinking, we will be able to break through their system once and for all. People deserve to own their wealth instead of having it sit in the financial system rotting away, and where the government doesn't mind eating through your capital every year, where on top of that, your capital becomess less valuable as well. It's a loss on top of another loss for you....

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: jolajola on February 08, 2018, 12:26:59 AM

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Well for those who really hold and not panic during any price crash is rewarded handsomely at the end. I think that's enough motivation for someone to hold as long as they can. However, there are circumstances that you need to dump it like in cases of emergencies, or you do really need fiat to purchase something. I honestly believe that there are no exit plans for long term holders, but there are scenarios that could lead them to sell a few, which I have mentioned already. So basically, long term holders have patience and will not just push the sell button that easy.

Bonsaiav

full member

Activity: 602

Merit: 118

Yes i will survive, it's something i will do until i die, just as much as maintaining my life.

By having, it means we have faith to fight and care for it well, if nothing can be done at all then HODL is the last resort, and don't let our faith selling.
Bitcoin is the most established coin, don't be afraid to hold it.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: jolajola on February 08, 2018, 12:26:59 AM

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

You make it really literal huh? Holding doesn't mean "holding forever". Remove that kind of idea and you will understand what other people is trying to say about "hold". Can't think why it came up to your mind.

There are some considerations before people sell a specific coin and that is vary per person. Some examples are; some people analyzing the current trend first before doing some sell, this is to prevent some impatient actions. Another one is, they anticipate that price will be more decent in the future so even a certain coin doesn't have any price movement, people sees "something from it". And the most common, they need to sell it immediately because they need money on a certain purposes. And there are more...

Hope this somehow enlightened you.

nicolas1979

sr. member

Activity: 826

Merit: 252

Quote from: jolajola on February 08, 2018, 12:26:59 AM

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Short/ exit strategy is close the transactions and get out from the market. Most people will say exit is when they get profit ( win ), actually loss is included. Before open transaction we must have stop loss ( cut loss ) and take profit point, if you don't have it please stop your activity. We only need to disciplines with our strategy and accept the result. No one can hold until die because patience has limit.

thycrypto

member

Activity: 126

Merit: 10

I hodl because I don't think the market is where is should be. I see a lot of potential and in time we will get there. I don't think I will leave everything to hold and I will pull out something soon (this year) but I will always leave something in a coin. I think taking it all out is not the best idea. You never know.

akukakeh

newbie

Activity: 70

Merit: 0

Quote from: jolajola on February 08, 2018, 12:26:59 AM

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

because I am new and only have a small capital, I just make an investment under $ 1, I just look for small profits from there, I have bought altcoin many like igniz, nxt, and ripple
hopefully my strategy runs smoothly

BUK2016

full member

Activity: 770

Merit: 126

Quote from: jolajola on February 08, 2018, 12:26:59 AM

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Well I don't thing that there any one here that is holding his or her for eternity. And whoever is currently holding any coins has a particular reason that action including yourself. Exit point depends on when my target profit has been achieve before I will well any of my coins.

Quote from: Vod on February 08, 2018, 12:29:35 AM

Quote from: jolajola on February 08, 2018, 12:26:59 AM

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Not really a post for Meta

Well respected Legendary Sir, here is trading discussion and not Meta

cindygirl

full member

Activity: 280

Merit: 105

Quote from: jolajola on February 08, 2018, 12:26:59 AM

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

I think even the most fervent of holders will have a limit. I think it's most to buy in to the idea of holding strong and making wise decisions as to when to cash out. I find it hard to believe that if bitcoin was priced at say $100m thus making the majority of people with bitcoin millionaires or multi-millionaires that we wouldn't see the large majority of them cash out.

Vod

legendary

Activity: 3668

Merit: 3010

Licking my boob since 1970

Quote from: jolajola on February 08, 2018, 12:26:59 AM

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Not really a post for Meta - you should move it (control at lower left) to somewhere more appropriate.

Then PM me and I will remove this post.

jolajola

newbie

Activity: 28

Merit: 0

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Topic: Question for all you holders - page 4. (Read 515 times)