Topic: Whats the point hodling, if you can't risk it all? (Read 438 times)

You'll be more comfortable in holding if you really intend to hold it for the long term, like 5 to 10 years and even more. The problem with some investors is they don't understand the difference between long-term and short-term investment, that's why they make bad decisions in managing their investment. As an investor, we have to be specific with our purpose, and we should know that when we invest, we risk what we can afford to lose only.

Let's say I bought bitcoin at $10,000 each and my target is $1,000,000,.. and when it pumped I was tempted to sell it at $100,000 as that's already a big profit, but my action was wrong because I didn't follow the plan or my goal, I use my emotion rather than my mind.

The thing is, people ought to understand that there is no certain way to get rich quick, many newcomers have the mindset that they are basically just coming into this network to just get rich and leave, it does not work that way and that's where a lot of people make mistakes. Holding is a great strategy, it does but mean there's an assurance it's going to make your rich, and holding is not for everyone or just any coin.

Long term investors prefer to hodl, and they hodl Bitcoin cause it's sustainable for the long term, and if you do your research into it's price movement you'll know it's impossible for the price of Bitcoin to remain just static, it is volatile, so it can move both ways, but based on history, if you hold for long, there's a high chance it'll move up and you'll make good return on investment. Short term investors only stay in the network for a short time, and they mostly go for altcoins just cause majority of them are pump and dump coins that can give great returns in a very short time, but mind you that it could also crash in a shorter time.

Hodl was a word referring to Bitcoin. It wasn't said in reference to Namecoin or Tron or whatever altcoin. So I wouldn't agree with you in saying that "hodling could be just as risky as any other technique to crypto trading or investment strategy." Of course, if you extend hodling to shitcoins, it is risky, very risky. But it's not because of hodling itself but because they're shitcoins. They won't last for long. So why hodl? But if you stick to Bitcoin, hodling is more or less guaranteed to give you profit.

In many cases, holding is the best option that to do trading if we wanted to keep safe of our funds. But people think it was risky, well, it all was risky in the first place, nothing guaranteed safe but at least we do something to help it. Hold, hodl, or whatever it is, we do this just because we are hoping that someday this could save us in terms of the financial crisis.
Do holding is an option but I encourage people to do just like we did. We can't neglect the risk but nothing will happen in our life if we always think and worry about it. We should have to face the reality, nothing is easy for now.

They know what they're doing and how good holding is for them. It's easier for them to hold than to trade and good for them if they've been holding since 2020.

Holding is really fine but you have the right to sell at any time based from your what you think is the correct time. You can with 5% gain but, majority of the holders we're all for more than that.

Everyone have his own understanding about hold or hodl, so the two words are the same meaning provided that this community of bitcointalk remain constant, when holding aoin its base on the target of the person who is holding the coin particularly, I'm not disputing the fact majority objectives to hold a coin is not because of increment, but holding a coin that has potential is at advantages to the owner.

Yes, you are right we have different perspectives and strategies to earn some profit some of them are traders cause they feel that when they will get a chance to win the trade and then they get more profit. But on the other side, some people preferred to hold their BTC for a long period of time, and when the time has come the price will go up higher and then they sell.
But hold 1 word but it's not easy to do, you need to control, discipline yourself to become a successful holder.

And have it been found right this time? They choose not to engage more in crypto and do not even have the chance to listen FUDs, fake news, and etc. They are focused on the possible 100x and they believe that will come, so they hold without bothering touching it. That is certainly a wise choice since they never know how to trade but it was very fortunate that these people knows how to keep it safe and hold longer.

True holders will not just be afraid to take risks as they know what they are doing.

I know some people who's been hodling some BTC and ETH since 2020. These folks just bought BTC and Eth and held it since. They are not traders, they do not have a full understanding of how it works and do not really care. All they know and have heard is that it has to the potential to 100x times the amount they invested and that's all they care about and do not want to miss out. So hodling for some is their strategy and that's totally fine.

Holding doesn't mean that you have to do it forever. The reason why we trade and hold or whichever strategy that we're comfortable of is to make money.

As someone holds, there's really a need to have a price target for what you're holding. Well, for bitcoin it's been a good crypto hold and even you don't have a target, most of the holders of bitcoin are for the long term.

But it doesn't mean that you have to go along with them and won't have any price target of selling.

Hodl can only be as risky as anyother technique if it comes to altcoin and not just all altcoins but mostly altcoins without an economic, social, societal, entertainment or even political value. Now for altcoins holding isn't the best technique as different coins exist and all with their purpose of development so closer attention needs to be done to carefully select altcoins that are worth holding but for Bitcoin the best strategy that poses less risk management is to hodl hodl and keep holding

So not only save, but you have to keep up to date with what you hold. You have to see if they're still going according to plan. You have to analyze all aspects. You must still set and execute the strategies and plans that you make. That is very necessary, because actually with analysis you can minimize your mistakes, at least we avoid greater losses. But I'm sure not all investors can do that, but I always try to be a disciplined investor and trader.

There's this particular saying in crypto ''Hodling coin can make you rich in crypto''. I keep asking myself how long will that be? You can hodl a specific coin for years, still, yet their price remaineth the same.
Our crypto investment is for us to earn profits, once you have seen the profits, withdraw.  It is not a must to keep hodling for years. An altcoin can skyrocket 100x value with months of invention

What is the point of holding if one can't risk it all? I'd probably send you almost 80 different coins I'm holding since 2016 that have turned dead or abandoned, I was so crazy with holding and this is where it landed me, with dead coins, not all coins are good for holding

Some crypto hodlers are just holding, no plans for the crypto they are holding, no target, so they just hodl their coins indefinitely with no idea of what to do. I particularly find it risky to hodl coins aimlessly. Apart from the obvious challenges to Hodling, holding for a long time may bore the user of crypto, lead to carelessness and he/she may just let his guard down safe guarding his crypto portfolio, and we all know how that will result. Hodling is good, but risky when it becomes without aim.

Of course, bitcoin is pioneer cryptocurrency and the most reliable in all cryptosphere. I can't help but hodl a considerable amount of it and still keep adding to my portfolio with every spare income or investment money I earn. Infact, the nature of bitcoin is a wonder of the world for a currency to be in itself an investment. Its something marvelous but again, given the fact that there are shitcoins out there and mixed with those shitcoins are some highly profitable coins too. You can't help but try and acquire a few,  isn't it?

But you just might have sold a sat or even gifted it out. Mark my words and it says, just might and if yes, you just might have sold all that you've have described in the quote right there. Mind you, the purpose of an investment is to make profit and you take profit when you can or is in agreement with yourself and purpose to have made profit. A lot of investors in Bitcoin have done this over the years and still are today. What makes a real difference is the fact that, you never sell all your portfolio. You take as necessary and then, you live it be.

I wouldn't have really put it that way but, I'll go with you on that, that the roulette-playing mentality could be the investment mentality too. Let's look at it this way, in a game of roulette, you either hit an empty cartridge or you get the lead. That states the risk of an investment which is, profit or lose. They are inevitable and with the fact that, bitcoin isn't the only cryptocurrency out there, some investors might want to try there hands on a few. Would you really subscribe to the idea of a sole cryptocurrency in bitcoin, really? A mean, it would be such a thing but, would you really want that, perhaps only paired with fiat's on exchanges and a couple of stable coins...
Not all atcoins are shitcoins and the altcoins market have still got some real value about them!

How if making Bitcoin a long-term holding and we are going to take profits in some price rates?
I know that most people will be a desire to take profits moreover when they have reached so high profits. Turning into USDT or stable coins and get another time again to buy in a certain period.
Everybody may have different strategies. Not all holders will always be holding, sometimes, the whales and holders will also take profits at certain rates.

But it may be different for the people who are saving money in Bitcoin as an investment maybe for more than 10 or more years later. Or willing to give the assets for heritages for their children several years later

I believe history as shown us that we can not put all our eggs in one basket because doing so means should this fail then all of our investment goes down the drain and so as a counter measure we have to spread the risk by not going all in into one asset as a risk management mechanism!

As a matter of fact, as much as we want to go all in into BTC we didn't really anticipate that bitcoin would grow to where it is today.

Investing is risky, what strategy you choose is not the factor, just a matter of circumstances. No option is better than the other as it's personal preference and the goals you have in mind. Maybe on the surface, long term holding seems to be the more safer option, but, there is still risk in it.

This is definitely well-putted. Like what I previously mentioned, every investor has their certain goal on their investments once it reaches a certain threshold of amount that they are willing to risk. The essence is, as long as the investor cashes out his/her investments that is above their initial deposit, then they have the freedom to cash them out depending on their liking or needs.

There is this misconception in HODLing that people should never cash out their investments until an ATH. While this advice may be practiced by most of the people, the truth still remains that a person can freely utilize their investments if they needed the money for something more essential than saving.