There's nothing dumb when you hodl, it's simply the best decision in the long term, unless you're a great trader. I read several times articles and they all agree that in the long term hodling is the best move. Congratulations for hodling for almost 10 years now, that's actually impressive!
"Hodling" for the long haul is only for those who can afford doing so. People who need the money right away to survive, won't be capable of doing this. The OP is brave enough to "hodl" Bitcoin for such a long time, even with the temptations to sell at higher market prices. If he keeps up, he might become more wealthy than any of us.
Topic: Still haven't sold a bit of BTC since 2013... if I can do it you can do it too! (Read 1246 times)
March 29, 2022, 10:27:33 PM
March 29, 2022, 09:38:35 PM
Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Its a long years and thats amazing. Refraining yourself to not sell even the price is already at peaked is hard and probably tempting, but you overcome it. So now even you keep holding its not too risky anymore because you're already in profit. In my experience I failed to do it, because at the early years of Bitcoin I was tempted to sell and never thought the price would increase drastically.Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
How long do you plan to hold or do you have a target price?
March 29, 2022, 07:53:17 PM
That's the truth 
I know Vietnam has always been a leading country in terms of trends in this market, but their product technology is bad. Although I don't want to say this, the crypto space in Vietnam is still too young. Many people are still stuck with knowledge or dragged into trends. If the fact that Vietnam is legal for BTC, I think there will be more information. If I remember correctly, they have also been researching CBDC. This part is a bit off topic, but Vietnam is the most livable place on the planet
I know Vietnam has always been a leading country in terms of trends in this market, but their product technology is bad. Although I don't want to say this, the crypto space in Vietnam is still too young. Many people are still stuck with knowledge or dragged into trends. If the fact that Vietnam is legal for BTC, I think there will be more information. If I remember correctly, they have also been researching CBDC. This part is a bit off topic, but Vietnam is the most livable place on the planet March 29, 2022, 07:24:35 PM
Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
That's very impressive. I unfortunately sold all my 2013 and 2014 Bitcoin in 2015 at the bottom of the bear market. Had to start accumulating from scratch again starting in 2017.
Back in '13/'14 I thought of it as an interesting high risk experiment, so like 18 months into the first multi-year bear market I was just like well I guess it didn't succeed (and of course I heard about and started buying Bitcoin like 3 weeks before the $1100+ 2013 peak lol so all I had seen at that point was a year and a half of watching my investment go down).
A couple months into 2017 I randomly checked the price and to my amazement it was back above $1000 and I realized it hadn't failed but was simply going through growing pains. I immediately understood it was here to stay and Bitcoin was the future. From my first 2017 Bitcoin buy it only took me another 28 months before I retired off my Bitcoin, going from no savings or investments and a bunch of student loan debt to no debt and retired! Of course, I wish I still had the ~17 BTC I had bought back in '13/'14. But oh well
So very impressed OP has been holding all that time. It's easy to hold these days, but definitely was very hard to hold through that very first multi-year bear market in 2014/2015.
March 29, 2022, 07:18:28 PM
I've only bought goods and services with Bitcoin, and each time I just bought the same amount or more with fiat to put it back into Bitcoin savings.
It would make no sense to me to buy fiat with Bitcoin.
It would make no sense to me to buy fiat with Bitcoin.
March 29, 2022, 05:55:12 PM
There's nothing dumb when you hodl, it's simply the best decision in the long term, unless you're a great trader. I read several times articles and they all agree that in the long term hodling is the best move. Congratulations for hodling for almost 10 years now, that's actually impressive!
"Hodling" for the long haul is only for those who can afford doing so. People who need the money right away to survive, won't be capable of doing this. The OP is brave enough to "hodl" Bitcoin for such a long time, even with the temptations to sell at higher market prices. If he keeps up, he might become more wealthy than any of us.
It looks like Bitcoin won't stop growing in terms of mainstream adoption, so it probable prices will be a lot higher in the future. We should do the same thing as the OP in order to achieve long-term success. Who knows if you become the next lucky person with an ever-increasing Bitcoin price? Just my opinion
If you are on a situation like this then you could really hardly able to accumulate or hold bitcoin for too long or even with altcoins that you've been holding thats why its very situational kind of aspect for everyone.
Lucky for those who could able to sustain theirselves without minding their holding coins for long term.Yes, its true that it would really make big benefits but only to some who could able to do so.
March 29, 2022, 05:13:02 PM
There's nothing dumb when you hodl, it's simply the best decision in the long term, unless you're a great trader. I read several times articles and they all agree that in the long term hodling is the best move. Congratulations for hodling for almost 10 years now, that's actually impressive!
"Hodling" for the long haul is only for those who can afford doing so. People who need the money right away to survive, won't be capable of doing this. The OP is brave enough to "hodl" Bitcoin for such a long time, even with the temptations to sell at higher market prices. If he keeps up, he might become more wealthy than any of us.
It looks like Bitcoin won't stop growing in terms of mainstream adoption, so it probable prices will be a lot higher in the future. We should do the same thing as the OP in order to achieve long-term success. Who knows if you become the next lucky person with an ever-increasing Bitcoin price? Just my opinion
March 24, 2022, 10:20:36 AM
Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
There's nothing dumb when you hodl, it's simply the best decision in the long term, unless you're a great trader. I read several times articles and they all agree that in the long term hodling is the best move. Congratulations for hodling for almost 10 years now, that's actually impressive! Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
March 24, 2022, 09:33:21 AM
I've sold all my Dogecoins once Elon Musk started promoting it and turned it into a shitcoin. I only own BTC now and a few Litecoins. I will never sell all my BTC as I plan to leave some to the future generations as well. Might sell something like 10-15% once I feel the price is right, but now it's not, BTC deserves a 6 digits price. Once you sell them they're gone.
You were lucky to sell DOGE when it was soaring like crazy. I guess you've made substantial profits during early 2021. Converting the DOGE to BTC would've been the smart decision to make. I would've done the same if had I many Dogecoins in my possession back then. As far as "hodling" Bitcoins without selling, I'd say that's very brave from your part. Not everyone is capable of "hodling" Bitcoin when prices continue to rise at a very fast pace. There's always the temptation to sell BTC at higher prices in order to cash out profits.
Believe me, you've seen nothing yet as the best is yet to come. Many experts predict Bitcoin will go to $1m, so if you "hodl" it non-stop, you'll be on a road towards becoming extremely wealthy in the not-so-distant future. Good luck!
March 19, 2022, 11:57:02 AM
Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
I have also made bitcoin my long-term investment, I saved it on a lending platform...Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
I've earned quite a bit of bitcoin from the campaigns I'm participating in and 70% of what I earn, I won't sell. lucky that now there is a lending platform that is trusted and has a pretty good reputation, so I'm not worried about putting it there, because apart from being able to hold it for long-term investments, I also benefit from the results of my lending.
March 19, 2022, 12:13:21 AM
Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Really? It's crazy and amazing. I cant do that. I have sold in the last year.
But I feel amazed at you. Because you really become a good person with great patience. I have to get an education from this.
and indeed I am a little sorry. because selling btc at a price that is not as high as now.
I hope this motivates me
Good job OP. I wouldn't be able to hold for that long without at least taking some profit.
I'm a holder since 2015, but I feel that celebrating each ATH with some spending is the way to feel even better about it. Each time BTC reaches a significant level for the first time like $10k, $20k, $30k, I turn some of my holdings into a physical object and this makes me feel good even when the price falls. That said, I know that I will never be completely out. If we go to 100k net year I'll just sell another 10% of my portfolio and keep holding the rest. I'd like my daughter to get BTC when she's old enough to understand it.
I totally agree with you.I'm a holder since 2015, but I feel that celebrating each ATH with some spending is the way to feel even better about it. Each time BTC reaches a significant level for the first time like $10k, $20k, $30k, I turn some of my holdings into a physical object and this makes me feel good even when the price falls. That said, I know that I will never be completely out. If we go to 100k net year I'll just sell another 10% of my portfolio and keep holding the rest. I'd like my daughter to get BTC when she's old enough to understand it.
because indeed our mental and feelings will be awake if we do as you do. I also think it's the best way to sell btc at the moment of gold or at the highest price at a certain time. and enjoy the profit.
and you are a loving person for thinking about your daughter's future. I am amazed by your thinking.
February 06, 2022, 02:10:20 PM
Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Really nice and love to do the same but regular commitments make us spend the bitcoin we earn. Yes, have seen so many here gaining profits from holding Bitcoin for a longer period and selling them off when there was an ATH in April 2017 and in April 2021. It has even happened with altcoins as well. Will start to hold a percentage of earnings henceforth. Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Are you sure about altcoin?? I know hundreds of altcoin who have a great value in 2017-18 Bull Run but in 2020-21 they are out of the market, even some of them are no longer exist like XRB.
It is not right to judge the whole altcoin with a few good altcoins.
It is never the right plan to choose altcoin for long-term holding. However, I'm not opposed that the altcoin is suitable for short-term trading. But Bitcoin should always be preferred for hodling.
February 06, 2022, 01:55:00 PM
Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Really nice and love to do the same but regular commitments make us spend the bitcoin we earn. Yes, have seen so many here gaining profits from holding Bitcoin for a longer period and selling them off when there was an ATH in April 2017 and in April 2021. It has even happened with altcoins as well. Will start to hold a percentage of earnings henceforth.
February 06, 2022, 12:31:59 PM
Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Holding for you is not risky anymore. You can already make enough profit if you sell even if the price crashes. Why are you still holding though? Do you have a certain profit goal that you wish to reach or you just like holding and see how far the price can take you?Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Based on your early posts, it looks like you were a doge coin enthusiast. Hope you were holding some doge coin too haha.
I've sold all my Dogecoins once Elon Musk started promoting it and turned it into a shitcoin. I only own BTC now and a few Litecoins. I will never sell all my BTC as I plan to leave some to the future generations as well. Might sell something like 10-15% once I feel the price is right, but now it's not, BTC deserves a 6 digits price. Once you sell them they're gone.
I get your point there mate. Actually, I also hold a few dogecoins last year but sold it right after with the same reason. I really commend you for the fact that you're still holding those bitcoin since 2013 without even selling a bit and planning to leave something for your successors. I really envy your patience! I think 6 digit price will come after the 2024 halving.
February 06, 2022, 10:49:48 AM
The OP is a rich person to do that. Some people are trying to see some money for food, shelter and clothing but they don't have. It is when you have enough that you will leave investment since 2013. I remember when I bought btc so many years ago, I lost them. The remaining I could have I still sold them to take care of my rent. I don't use to regret of not keeping the btc because there was no other money to use and sustain.
not a problem rich, I believe it has to do with consistency in investing. consistency and trust are must-haves for those who invest long term in Bitcoin.who would believe Bitcoin could be as expensive as it is now in 2013? only those who have full faith or maybe those who have forgotten the assets they own are most likely to experience all of this.
Everyone's emotional abilities are different. how we deal with the bull and bear markets is of course important for long-term investment. but holding assets for a dozen years is certainly something very difficult.
I'm not rich. But I dream becoming rich. BTC is my only real option in this life as I doubt I'll ever win the lottery. This is why I HODL BTC and don't plan selling more than 10-15% even on the next ATH. BTC has the potential to reach 6 digits and it's only a matter of time in my opinion.
I really congratulate you, I see that you have very good conviction and you are also right, because I have seen that BTC is in a very good stage of buying, and that according to Wyckoff's theory when I do my personal analysis it still tells me that it is in trend bullish but in the long term, which means that it is very difficult for the price to fall, a small re-accumulation may be generated, but that is just a scenario that can easily occur, but I do not leave aside the option that in any At the moment it doesn't reach $100k or more, because everyone is shorting and sometimes the opposite happens to what the crowd expects.
February 05, 2022, 10:42:17 PM
This is not dumb, it is really great since a lot of people now are into bitcoin and also regret that they sold their bitcoin earlier. You have now really enough money to invest more hoping that you can hold it more but i think this is easy on you. I also regret selling my bitcoin earlier but i really in need money so it is still okay
February 05, 2022, 05:43:55 PM
Not everyone has the money to be able to make sure that they're totally safe from hodling, some people can't do that I think unless they have a job to sustain themselves and not rely on their bitcoin then probably there's a possibility that they might be able to do it. Also, wouldn't it be better to at least convert your bitcoin when it's pushing for ATH and then waiting for it to go down again so as to increase what you're currently hodling?
Safe and profit assurance is somewhat we reconsider upon holding but OP did something amazing. He can really make that HOLD thing despite many ATH had come. Not I think that he wants to sell his Bitcoin at a higher price but probably, he is doing this for something much more important than just selling. Actually, it doesn't matter how long we hold if can manage to sustain our financial needs and if we don't rely upon crypto. And I think OP had and so he did without bothering himselves.
HOLD Bitcoin for quite a long time is not something that is easy to do, almost 9 years the OP holds the bitcoin he owns without the slightest temptation to sell it when ATH comes several times during this time, I don't know how the OP can do this?
Because in my opinion, other people will definitely be tempted to make a profit by selling their bitcoins, but unlike what the OP has done so far, I'm very curious how long the OP will hold bitcoins and whether the OP has a certain target price for selling the bitcoins he has?
February 05, 2022, 07:34:00 AM
Not everyone has the money to be able to make sure that they're totally safe from hodling, some people can't do that I think unless they have a job to sustain themselves and not rely on their bitcoin then probably there's a possibility that they might be able to do it. Also, wouldn't it be better to at least convert your bitcoin when it's pushing for ATH and then waiting for it to go down again so as to increase what you're currently hodling?
Safe and profit assurance is somewhat we reconsider upon holding but OP did something amazing. He can really make that HOLD thing despite many ATH had come. Not I think that he wants to sell his Bitcoin at a higher price but probably, he is doing this for something much more important than just selling. Actually, it doesn't matter how long we hold if can manage to sustain our financial needs and if we don't rely upon crypto. And I think OP had and so he did without bothering himselves.
February 05, 2022, 05:38:35 AM
Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Holding for you is not risky anymore. You can already make enough profit if you sell even if the price crashes. Why are you still holding though? Do you have a certain profit goal that you wish to reach or you just like holding and see how far the price can take you?Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Based on your early posts, it looks like you were a doge coin enthusiast. Hope you were holding some doge coin too haha.
I've sold all my Dogecoins once Elon Musk started promoting it and turned it into a shitcoin. I only own BTC now and a few Litecoins. I will never sell all my BTC as I plan to leave some to the future generations as well. Might sell something like 10-15% once I feel the price is right, but now it's not, BTC deserves a 6 digits price. Once you sell them they're gone.
February 04, 2022, 07:21:10 PM
Hi everyone, it's been awhile, just wanted to tell you that I still haven't sold a bit of BTC since 2013... if I can do it you can do it too!
Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Holding for you is not risky anymore. You can already make enough profit if you sell even if the price crashes. Why are you still holding though? Do you have a certain profit goal that you wish to reach or you just like holding and see how far the price can take you?Some of you may say it's a dumb decision or risky, but I'm all for BTC and positive about it. To the Moon!
Based on your early posts, it looks like you were a doge coin enthusiast. Hope you were holding some doge coin too haha.
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