Topic: What is the best opportunity to harvest your hodl results? (Read 409 times)

Everyone certainly has different aspirations in this regard and it is certain that I personally cannot publish regarding this matter, but what is certain is that when I get profit from my investment I will use it to make my economy more developed.
but of course holding and holding btc is not an easy thing because there are always many obstacles.

I hope our investment goes smoothly and successfully.

There is no right or wrong answer to this question. Deciding when to spend bitcoin is completely relative to your own circumstances.

Personally, I plan on buying some things like a van to travel all over the US, some land, probably a house, a workshop, and not much else unless I really need to or I feel that the price will continue to climb much faster than I could possibly spend it. Hopefully, I will have some family members who can inherit whatever I choose not to spend in my lifetime.

It's important to remember that bitcoin is the means to an end. It is not the end itself. I will focus on using it to achieve the highest level of freedom, happiness, and purpose that I can during my time here on earth. Beyond that, not much else matters to me.

Even though we have set targets to harvest results from long-term investments, maybe in the middle of the road you still need to make adjustments. If you don't have a reserve budget, then of course you have to sell some of your investment to cover the needs regardless of the reason.

Some will make adjustments for family reasons, health reasons, needs or something else on an urgent basis. So you shouldn't be rigid about something like that, but if you want to avoid such things then of course you should prepare a reserve budget before investing. This is important, so sometimes adjustments are also necessary.

this is easier than done actually. When you’re in profits with ypur investments you’ll get in to a paradox of confusion to which is the best thing to do. Will you take your investments out even there’s still a greater chance for more reward your ratio, or you’ll be holding ontu it with the risk of having lesser profits because you might get out of your investments late.

future plans about it is easy. you can use it as aretirement plan, reinvest for dividends, buy lands or real state, or even openning up a new business.

SatoPrincess summarised very well the best strategy. Of course, in order to be able to do that, you have to cover your needs first (a house, food, basic services) and, unless you were born in a rich family, you should focus on alternate means of income so you don't have to care about selling. That is the easiest way to have strong hands.

In the last decade, holding for just a few years was enough, but as the market matures that practice has become a long distance race, and most investors will stay by the wayside sooner or later if they don't plan any provisioning.

That true, sometimes we have to be wise and prudent in looking at market conditions by making adjustments even though many suggest long-term Hodl gives maximum returns in investing in this acrypto world. Yes. The opportunity is always there, at least as you say. if selling temporarily and buying back in minimal break even conditions. I think it's a very normal thing and there's nothing wrong with getting some better benefits.

We have our own individual reason when to reap our investment and benefit from it. However, for me, the best opportunity is when we see the market as well is in profits. That means we have to sell too so we can feel how its like to have an investment that paid off. Although some would stick to long term hodling forgetting their target price to sell, but if we stay rational, the market is highly unpredictable that’s why we have to take advantage everytime there is an opportunity to sell and make profits, rather than end up regretting because they missed an opportunity to be in profits.

In the cryptocurrency market many times we don't get away with our plans exactly as planned while investing. While we have made our investment plans and target on thia side the market on the other side is giving us a different plan ofnits own. So it's all left to you the investor to know the right moment that turns out to be profitable to you based on your follow up analysis to consider when to exit the market with whatever profit that meets your plan or close to your target. 

The best opportunity for that is to buy during the last decline, of course if you have more reserve funds and try to hold it until the time comes. Yes. It is undeniable that there is a fear that prices will drop again. but, look at the drop rate as well. if necessary, place a stop loss if the correction continues to decrease sharply. If not we have won one step this time. just waiting for the time. So. what is there to worry about. Relax, be happy and win, that's all I think about the concept and all you have to do is make your wishes come true one by one.

It just looks only in theory, in practice, the desire to increase the number of bitcoins usually ends with the fact that after the sale of BTC, its price increases and it continues to trade at a higher price. In this case, you can only watch how the price of bitcoin increases, or you will be forced to buy bitcoin again at a price that exceeds the sale price.

Take it or leave it, there is always going to be problems in our world and in your world (your physical locality and family circle). If you let your issues be the reasons behind your taking profit or having to liquidate portions of your portfolio, you’re sure to end up sooner than later, not having a crypto portfolio at all. Even after that, you’re still going to have these issues.

There isn’t a better reason that would necessitate one liquidating their crypto portfolio other than, you’ve got no other source or option in the satisfaction of an immediate or emergency need. Investments might count but, you would as well deem it more profitable and sustainable than you would have had in cryptos.

The answer obviously depends on you, but the important thing here is to always set your goal for example set a market price target where you're going to sell or set a goal that you're going to buy like for example a house if you sell your Bitcoin. If you strategize your entry and exit in the market you could potentially earn more compared to when you're just going to buy and hold forever and doesnt know when you're going to sell holding for years. I mean we have a bear and bull market and everyone could take advantage of that cycle but this is still a long-term investment.

So if the market price reach 100k$ are you going to sell at that point? or you're going to wait until it reaches 200k$ or even a million dollars. I mean it's not a bad idea since you're not going to lose if you're not going to sell, But it's always better for every investor to always take profit, so I guess if you think that you have a fair or great amount of profit always maybe if already time to sell and take profit. Because you could easily reinvest and get another opportunity in the future.

When bulllsih era is coming, when it passes the previous ATH, I will start to set my target price. I decide not to all in one price rate because I am sure that I will regret of higher price. So, I will start the price to take profit in the next bullish era at around $70k and more higher setahun. Yeah, it is like doing DCA when in the bearish, I will also di the same to minimize the Riska in selling Bitcoin.

I hope  to but a new house and a new vehicle.
Is it too higher for me? Of course it is. But this is a hope. 

Thanks for the appreciation dear ThemePen, your words are less but covered the whole story here. But I must say achieving all these three skills in a shorter period of time is impossible but might become possible if you are smart as Einstein (hehe) maybe he would also not be that smart in trading/crypto.

Sometimes, the sentiments of markets are not in your favor from the scenarios I mentioned, what if the rates of house/land are high when you booked the profit or lower when you are in the loss on your holding? Or there comes a family situation in which you have to book the profit/loss to cover the expenses. I pray no one too has to face these situations but a person who will have good skills in all of these will definitely come up with an idea to deal with it and that will prove his skill set well.

You know, most old and experienced Bitcoiners usually say that Bitcoin is the best investment one can ever have. I agree with such a saying, but before or after Investing in Bitcoin, we must really have a goal for investing in Bitcoin. When you think the time to archive your goals has come, you can harvest your holdings and use the money to archive your set goals. We all have different goals that we wish to achieve with the money we have. For example, if I buy BTC3 now and I want to buy a house that is about $100k, I can decide to hold my Bitcoin till the price gets to $100k, then I just have to sell 1 to archive my goal at that moment, while I will still have 2 Bitcoin that I have planned to sell maybe at $180k or $200k to use the money and archive another goal. that's it.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

There's a lot to consider when you want to become a long-term asset holder, and I don't think it's as simple as we think. Sometimes I imagine a difficult situation that could make me change my plans. I have to prepare something from the start because of course some past mistakes related to investment have to be changed and we have to fix them.

However, you must be able to ignore the interference of other parties, including your family, when building a long-term investment portfolio. Don't involve them in much, you don't even need to involve them in investment decisions if you know they are not a wise risk taker. So when you want to profit from long-term investments, rest assured you have to be prepared and consider all the risk, and always improve your ability to manage the risk.

A very interesting question.
I think that many of the older members of this forum, including myself, did not expect such a large increase in the price of bitcoin 8 or 9 years ago.
Our expectations then, around 2014, were much lower than now.
Honestly, I have long since covered my initial crypto investment, and have even used bitcoin for some other investments and diversification of my portfolio.
On that side, now I can keep my btc aside and patiently wait for further btc growth.
I have a clearly defined btc price, after which I will sell most of my crypto portfolio. Everything is now just a matter of time and patience for me.
Of course, everyone here has a different personal situation and will give you a different answer.

The best opportunities that can be generated from bitcoin hodl are actually all the opportunities are almost the same. Because if you say it directly, basically all investors in bitcoin definitely want big profits, and the target for those big profits will definitely be different for each investor. So the opportunities that can be obtained, in my opinion it all depends on the initial goal of investing in bitcoin.

And I personally will definitely sell my bitcoin assets, maybe at the peak of the upcoming bitcoin halving. But with the condition that the bitcoin price can touch a minimum of $ 70k, because that is my target for the bitcoin hodl this time. Indeed, the target I want is not too high, but I will not let go of the opportunity. If the bitcoin assets that I have have a profit, I will definitely sell them quickly. Because I'm afraid if I'm too greedy, and I avoid that attitude.

So in conclusion, the opportunities that can be obtained from bitcoin hodl, the answer will definitely be different for every investor. But in essence they have the same goal. So you don't need to think about the right time, but every time there is a chance that your bitcoin assets will have a profit, sell them immediately.

If that is the question, then the answers you will receive will certainly vary greatly. Because everyone has different needs and needs that are not always the same as other people, and I personally would prefer to buy what I don't have in life which can be very useful for me personally. Because the word harvest that you mean is of course to describe the big profits from the hodl. So that the designation is also for big and useful things such as for example a house or it could also be for agricultural land that can be used again to make additional income in life.

I will sell my Bitcoins when they reach over $100k-$200k because that is a very good price to harvest my Hodl yields. The profit will be huge even if we don't have 1 Bitcoin because we will get profit when the price is at its peak.

I may buy a new house or land as another investment. Or I'll buy gold as another long-term investment besides owning Bitcoin. And I would still buy Bitcoin if the price could drop drastically after it hit a price peak.

Each of us must have a target selling price so we will keep waiting until the price reaches the price we want. Buying when the price is correcting is the right time to invest in Bitcoin and it's okay if we wait until 3-4 years to reap the benefits.

Why be pessimistic when we are able to walk accordingly to produce houses and others from investment. Everyone who is investing must have a target they want to achieve and there is nothing wrong with trying to encourage themselves with the target of buying a house as the object you are discussing in the post. There is no need to be rigid in matters like this and people are free to make any targets for the investment they are living. I always plan to sell bitcoins when ATH arrives and always try to increase my purchases whenever I have more budget than my usual purchases.

But on the way, we also need money to fulfill our daily needs and that's why we also have to try to save a special budget for daily, weekly, monthly and yearly needs. So that on the way we don't need to sell bitcoin when we haven't reached the target we want and holding when we set long term and never sell before the target is reached.

I don’t think there’s a right way to do it. We have different lives and the same amount of earnings can change them in a different way.

• You might want to help your family pay debts and get a better home
• You might already have a pretty good economical situation in your family so your goal is to earn a passive income
• You might want to diversify and not hold all eggs in the same basket

You name it. If you have 7 brothers and all of them borrowed money to buy a house, it may be more worth it ton the long run to help them out before looking for a passive income - as I said, the situation is different for each of us.

Everybody will have their personal view concerning this question because we have different investment or hodling plans. I am concerned about harvesting profit when the price appreciates but I am more concerned of keep hodling for the future. Some of us might not be able to buy Bitcoin in the future if we sell everything coin we have kept. Family issues or buying a house could be a genuine reason for selling but it is important to treat your Bitcoin hodling as an important asset to avoid regrets. I have seen different stories of people that are regretting that they sold their coins prematurely. I might consider selling my coin to buy a house if it will help me save more or give me more money to buy more Bitcoin.

There's really no one answer to your question. But personally, simply if I need cash, or if I have a better investment idea. That's pretty much it — regardless if it's another cryptocurrency, a stock, a business, etc.


What mess?

You covered three factors in your post. Money Management , Risk Management , and the third is Time Management .
This doesn't matter where you are investing. The thing is that how you are investing? Is there greedness interfering? Like you said if anyone has a mind set that he/she will book his/her profit at double of its investment so if he/she will do it same according to its mind set so he/she will get the profit. Otherwise he/she can face losses.
If anyone will understand these three factors which mentioned above and will invest and harvest profit according to these factors so he/she will not face any loss.

If its actually needed the time the market is up. You must sell something that should be sold already cause market sometimes go down pretty hard. Not all times we have bull and has to experience bear. Most folks sell on their losses due to panic and when it goes up they fomo cause they dont wanna left behind. See how peoples fear and uncertainty did? Well for whatever reason it is, sell but always remember to invest only you could afford to lose so you arent rushing anything to dump when you are out of money.

As noted above, the answer to the question depends on several factors, especially one's particular situation and the reasons for buying.

Generally speaking, I would say that we should never sell or spend all of our Bitcoin. In general, unless you have a lot of money to buy an amount that you consider sufficient, it is normal to accumulate little by little, doing DCA or any of its variants, and in bull markets you can take advantage to make profits and enjoy them, but keeping the global perspective in accumulating the best tool for economic improvement that we have at our disposal.

It comes down to why you bought bitcoin in first place. Was it to make quick profit on your centralized inflationary fiat? Or was it to reach financial sovereignty by owning a tiny portion of a limited supply bitcoin which is the only existing decentralized money?

If it is the first case, I'd say HODL is not even suitable for you. Instead you should start trading to make quick profit from ups and downs of the market, of course after understanding the risks involved with trading specially during volatile times where market is less predictable.
If it is the second case, then asking about "when to sell" makes no sense because you don't "sell money" you use it.

Diversify; where? Crypto, land/real estate, stocks and in metals and some liquid in fiat to take advantage of opportunities that come unexpectedly.

Anytime where is profit already for the long time holders. At this moment, I am sure that many HODLERS here can afford to sell and buy back again if it's necessary.

Well for my reasons of why I would sell is likely that I'll go into another venture to create another investment or business that shall increase the value of what I've sold in Bitcoin.

I'm not yet on the part that I'll take fancy vacations or owning a home because I am not yet done and settled from my holdings. Although I've got in my plans and who knows in the future if I'll have more homes that I can run as a rental business.

If you have been hodling for a lot of time and is currently sitting on a huge unrealized gain, then you really need to think about taking profits. If you only invested recently and have "only" 50-100% unrealized gain, then you might want to wait for a bigger bull run.

If most of your net worth is in Bitcoin, then you should strongly consider moving some of your wealth away from Bitcoin into more stable and predictable assets. But if Bitcoin is only a small portion of your wealth, you can hold it indefinitely.

If you study how the market works and its volatility - you may be able to have more bitcoins even without an extra budget. Try to take a simple approach - I mean that you can sell bitcoin when the price goes up high because they are pumped at one time, and you can buy again when the price corrects, especially when the market is over bought.

I'm not really sure whether you've tried this approach or not - but can you imagine what it could be?

This question I don't really understand the question because when looking at the question it seems that you it question is not complete, when you talk of island in my environment you are referring to a particular place that is surrounded by water and that's what I island is all about which their is no properties that is cited in that environment why housing is a property that is already being made for a good living, and I believe that since its already made that is why people prefer buying house instead of island, if really its what island mean in your environment or I island mean any other meaningful thing

What’s the “whole bitcoin strategy”? I’d love to hear it, hopefully it’s something original and not just another hodling bitcoin till I die sermon.That’s very true for me. I won’t pass out on the chance of selling at that all time high. It’s a target I know bitcoin will reach someday, that’s why I’m busy buying bitcoins now so I can have a significant amount in the future.

I have a lot of plans in mind, but they may not be as perfect as I'd like them to be. Buy and hold is a thriving investment strategy so far in bitcoin or crypto, clearly this has been adopted even if they are whales in crypto. I adopted that strategy to build my investment portfolio over the years, but I'll probably stop buying it when the price hits a new ATH. I should enjoy the advantages in that area and will probably sell all or part of the ownership.

If I can be honest, I've even tended to invest in bitcoin in the last 1 year instead of gold. Meanwhile I also have some savings so that I am not affected by price volatility. Before my target is reached, then I shouldn't sell it.

This is what I would also say and what you said also means that a person should have other source of income to have a good lifestyle or standard lifestyle as you have said. OP also forgot that some countries would say that it is good to sell what they hold. In my country, if the Bitcoin hitting $200k would make me earn lots og money since each dollar is more than 1 fiat money. If I have 1 BTC then it would mean I am a millionaire when selling Bitcoin. I would say that it depends on the person doing hodl.

It boils down to ones determination on when to buy and for how long he will be holding. Personally, I see my bitcoin investment as part of my life that no matter how high bitcoin price gets to I will only sell from fraction and keep on holding the rest with a continuous DCA method for me to keep on accumulating. I don't have a target on my bitcoin investment portfolio,I just love bitcoin and wouldn't let it out of my life because it makes me feel secured financially.

Could you please enlighten me? I'm struggling to see the connection between "what is the best opportunity" and "family reasons." If I understand correctly, you're referring to the reasons behind selling assets for profit. It's worth noting that this reason applies to most individuals and may encompass various situations, including health emergencies, unforeseen expenses, and the need to allocate funds for important purposes. Undoubtedly, family-related issues and necessities also play a significant role in the decision to sell "hodl" assets.

Every individual is always different in their perception that there are those who hold for a long time before the price of bitcoin hits the highest, there are also when they have achieved profits above 50% they sell it to buy what they want, that has become their target for many bitcoin investments which has been held so far, because everyone always has a desire that he wants or buys things that have not been achieved.

I have also previously targeted that when the price reaches new ATH, I will sell some of the BTC ownership to be sold to the market and the profits will be used for something I want, such as houses, cars, property and that is free because of my own will.

There is no optimal timing for this, and it also depends on individual views and the factors that can cause it. A bitcoin hodler who has realized a 30% profit on his overall investment may feel inclined to exit, whereas one who has realized an 80% profit on his initial investment may not go because the aim he set for himself has not yet been met. The market is volatile, and you might choose to sell once you have made your profit. But you don't have to sell in a panic or fear in losing all of your money. Long-term holding of bitcoin has been shown to be beneficial, as long as you do not sell them all. 1BTC=1BTC.

What do you mean "best opportunity"??
Cryptocurrencies have thier diverse market strategies - now, onlike Bitcoin, it gives the bulls every point of self-developed encouragement to buy at the DIP, in anticipation of when and how the market would react to that huge investment. Now, when the market begins to rise, it's automatically bearish since all that's to be done is sell at ANY COMFORTABLE STAND.
I don't think you understand the whole Bitcoin strategy.

Sandra 🧑‍🦰

For me bitcoin is for long-term holding and at that I don't have a specific time frame to follow and even if Bitcoin should touch 100k plus I won't liquidate my Bitcoin holding 100% and even if I have to do some cash out it won't be up 30% of my entire Bitcoin holding.


Because of fear of losing out,  because of the possibility of Bitcoin never getting below the sell position for me,  so this is a question of individual preference and not a generally accepted opinion.

If you are asking it for yourself then it depends on the target you aim for. Because many just want to double their money in holding it and when they achieve the target they just harvest it. And definitely, most of the holders become greedy when they see the profit is keep rising and many end up with nothing. That's why it is necessary to make a mindset before holding off any asset.

You asked to harvest holding for buying a house, or land, or due to family reasons, which also depends on the emergency and good entry points. Like take an example, you are earning double on your holding and you know, this is not the current time to buy a house/land and there is no family reason but you also knew, that the market will never reach this point again in the next 3 to 4 years and you can not wait for that longer. So, the simplest thing you will do is harvest your profit.

There is another scenario too, in which you knew the house/land rates are decreasing and at the same point you are making the same profit then the answer will be, booking the profit to buy the land so that land could also make you profit because you have bought it at a lower price.

I’m not a die-hard bitcoin hodler, for me Bitcoin hitting $200k will be a good time to sell a large part of my hodlings, that’s a long target which may not be realized in the next five years but that’s my goal. I have a stable source of income and other investments so I don’t need to touch my bitcoin savings in cases of emergency, I have other options and resources I can use to maintain a standard lifestyle.

When you set out to make an investment you definitely have the target you aiming to reach, this is not questionable, personally I started with a target but along the line the target increased then finally I just choose to be a Bitcoin enthusiast and it's always worked for me.

And that's how it is with others you have your personal target and goal when investing so when ever you think you have reached those goals or you gave a reason to withdraw then it's fine. It's your decision to make.

There is no thing as perfect timing because it depends on individual perceptions like those who have hold it from the early days have millionaire status but that would be reality when they actually sell the coins so now question is whether they consider it as best time to harvest it or not like they can still hold it for more years.But on the opposite some might have invested previous year when prices were high say near about $40k+ so it's loss situation for them and can't say when will be good time for them to make profits.

But on the opposite side if seek reality we are taking bitcoin as investment purpose only forgetting that it has payment mode also to alternate fiat related transactions with control over your funds but majority is taking it this way so can't do much about it as well want profits to be associated with what we invest for.But are you serious about Island talk? Because someone with good bitcoin in custody can think about it but house is reasonable and there is one thread What can 1 Bitcoin buy in your country? so see how much beneficial it could be but accumulating full bitcoin is hard at this time.

Coming back to your question it really depends on our targets like what we want to buy or when we want to sell seeking good time and satisfactory profits on your end because the market will go up down always so you decide entry exit point based on your analysis.

I see like a lot of mess is going on around. That is why my question stands. Should it be family reasons? Will you buy a new house/island? What is your answer to the question?