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Topic: Who is still HODLING? - page 2. (Read 1211 times)

hero member
Activity: 3220
Merit: 678
www.Crypto.Games: Multiple coins, multiple games
November 27, 2024, 10:48:02 AM
#96
Good for you and I wish you the best of luck on this. But for me, I understand the economics around Bitcoin, so I am selling 70% of my Bitcoin holding somewhere around 2025. If it continues to rise, I will still be happy with the leftover 30% because I've already gained a lot by holding Bitcoin since 2022. I want to plan smartly that way because Bitcoin always has its bullish and bearish seasons, we are in the bullish season now, and that's why the hope and excitement have rekindled but I won't forget history so soon. I will divest that percentage to reinvest it in the next bullish cycle. This is practical, I will make more money doing that.
Yeah, many people does this. I have my order set at 200k, it's a different approach than yours, I am not selling "at some time", I have a certain price in mind, it's 200k. If it reaches that price, I highly doubt it will go any further higher, it won't be 300k or something, it will peak at near 200k and stop there.

If it starts to drop, like go to 190k and then start to fall, I will get out at 150k, so for me the only possible way that I would do badly would be price going to 170k, then going back to 150k, and then going to 200k+, in that case I would be selling way too early. Aside from that, I have my plan set already, and I will get out either at 200k or at 150k, it's one of those two options, then I will wait for it to reach 50k, hopefully during sometime at bear market it will go down that much and when it does, I will end up buying it back, this time either 3x the amount or x4 the amount I own right now, should be a great profit.
hero member
Activity: 896
Merit: 586
Leading Crypto Sports Betting & Casino Platform
November 27, 2024, 09:50:43 AM
#95
Not selling at all seems like a stubborn move to me. You can exchange for a stable coin at the high and use that coin to buy at the low, essentially multiplying your total bitcoin stash over the cycles. This is a common method to increase the amount of capital by many traders.

Then you could spend for needs, of course bitcoin is a currency before being an asset. I dont have much places to spend my coins from where I come from, but I do buy gift cards every month and help the grocery spending from bitcoin.

Just dont make bitcoin look like a cult, we want it to appear normal like any other currency so that it goes even more mainstream.
Bitcoin was created as a currency but due to its great potential to increase exponentially in price overtime have made a lot of people turned from using bitcoin as a currency, rather they prefer to see it more as an investment. This is why you see people preaching hodli and don't sell because bitcoin is still in its transition stage, and will still increase in price overtime. Big investor and government have joined the hodli train because everyone is after profits.
hero member
Activity: 882
Merit: 501
November 27, 2024, 09:48:46 AM
#94
That's why we shouldn't buy or sell Bitcoin all at once, but buy/sell it little by little.

Like sell Bitcoin 10% at $100K, then sell another 50% when the price at $150K, etc.

Exactly as you say with one caveat regarding the percentages you mention. It is preferable to sell in single-digit percentages like 5-8% to be sure that when the price goes up further, you will have the coins to sell and earn more. HODL is the magic word of the cryptoverse, not SELL. Wink
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
November 27, 2024, 09:09:36 AM
#93
Not selling at all seems like a stubborn move to me. You can exchange for a stable coin at the high and use that coin to buy at the low, essentially multiplying your total bitcoin stash over the cycles. This is a common method to increase the amount of capital by many traders.

Then you could spend for needs, of course bitcoin is a currency before being an asset. I dont have much places to spend my coins from where I come from, but I do buy gift cards every month and help the grocery spending from bitcoin.

Just dont make bitcoin look like a cult, we want it to appear normal like any other currency so that it goes even more mainstream.
sr. member
Activity: 434
Merit: 253
Trust the process, imbibe consistency
November 27, 2024, 04:36:19 AM
#92
I have NEVER sold or used even the tiniest amount of Bitcoin though I have accumulated more and more over the years. Almost seems like its all in a black  whole somewhere! I just don't feel like selling any it because I feel like come next halving, it will be worth 2 times more! At this point, it almost seems like all of it will just go to my next generation.

Anyone else a 100% HODLER out here?
It is difficult to see who is not still holding Bitcoin now although we cannot say 100% because there will always be buying and selling activities in the markets because that is what Bitcoin was created for. The number of holders have increased exponentially because of the desire to make maximum use of the bull market. You are not the only one holding and you will never be the only one holding.

I don't know if Bitcoin will disappoint people come next year when the entire world is expecting the bull run to reach the peak but there are high chances that that will be true because when Trump takes over as president of the United States, Bitcoin is expected to prosper. Therefore, it is wise to hold and continue to hold even beyond next year.
sr. member
Activity: 616
Merit: 274
November 27, 2024, 01:43:34 AM
#91
Long term investors are still accumulating more Bitcoin and still holding because their investment plan is Long time purpose probably 4-10 and above, also those that has been accumulating Bitcoin for long may decide to sell some part of their Bitcoin hodling. Those who decided hodl now will definitely not regret selling because the the price of Bitcoin we are seeing now $98k will definitely be a dip in time to come so the best thing to do now is to keep on accumulating Bitcoin and continue hodling.
If someone can keep their bitcoins as long as they want, I think they have quite a large income that they earn every month, whether it's income from work or they build a small business and can make money from there and from the money they earn from their business. You can invest some of it in Bitcoin. To be honest, I had the desire to keep this asset for the next 5 years, but the reality of having other wishes made me sell my bitcoin because of a need that I couldn't avoid. We as investors don't need to regret what has happened to our assets. This is a fact of life. If our finances are stable we can invest and of course we have to be a little patient, we wait for a decline to occur, then we buy it there and we can get the best price.
hero member
Activity: 1428
Merit: 592
November 27, 2024, 12:25:45 AM
#90
It is no doubt that it's okay to sell some but don't oversell and if there is a chance that you can recover that then through other means by buying back, do it as much as possible. You've been holding for so long, so taking a slice of the cake is a good reward for yourself and you can do anything with that once you've done it. And like what's happening to the market now, it's correcting so profit taking at $98k-$99k did it and they can buyback if they want to now.

When investing as much as possible and then selling a little to enjoy the results is not a problem because life does not have to always think of money.
After selling a few percent of Bitcoin that we have, we can rebuild the accumulation pattern after Bitcoin experiences correction.
Even in the previous improvement I also sold several percentage of Bitcoin to get profits and after that just determine the accumulation point.
I did that in a smaller amount because the greater percentage of bitcoin was still held as a step to see the next ATH.
Bitcoin is indeed very reliable for the long term because that's why most people buy for holding.
full member
Activity: 490
Merit: 225
November 27, 2024, 12:16:52 AM
#89
It's hard to let go when you believe the value will just keep growing. I think a lot of us hodlers are in the same boat, seeing it as a long-term investment or even something to pass down.

I can relate to this; however, I would say that one should at least have a target in mind. If the price hits that target, you should at least take a profit if you don't want to sell everything you hold because it isn't wise to keep holding when the market hits the top and starts declining.
the issue with this is that sometimes you don't have a clear cut plan on what you are to use the profit for and so it wouldn't be okay to even consider sending a part of your bitcoin holding to an exchange for trading or to be converted to fiat. of cause just adding up to your bitcoin holding without having a clear cut plan in place is not a good idea but leaving your bitcoin even at this time when it is experiencing a correction would not still be a bad option since its certain that after the correction we will still experience bitcoin getting more bullish again. as the market is experiencing some form of correction, the effect is that more people will start buying at this DIP and the larger implication will be that bitcoin price will start to increase again making those that refused taking there profit to still remain in profit.

the urge to sell has been there most especially at the time bitcoin got to $99k and seeing it going down, there has been some thought in form of regret that suggest that one should have sold at those price but the thing is that these are just short term reaction that will cease at some point so i just ignore it and watch how things unfolds in the long run.
hero member
Activity: 2996
Merit: 536
Leading Crypto Sports Betting & Casino Platform
November 26, 2024, 09:41:13 PM
#88
It's hard to let go when you believe the value will just keep growing. I think a lot of us hodlers are in the same boat, seeing it as a long-term investment or even something to pass down.
definitely, but can't lie that I also have the urge to sell at resistance and rebuy at lower for additional profit Grin.

but overall the look out of BTC, i guess it still can grow and make new ATH until Q2 of 2025 I guess, the reason for current retracement is because big supply wall around $100k which is kinda disappointing that people can hold for longer at least until the price breaking out to $100k and beyond but well, people have been waiting for $100k for a long time anyway I guess that's just how it is, but expect we get back up to $98k after december I guess.
full member
Activity: 308
Merit: 142
November 26, 2024, 06:27:43 PM
#87
I am no hypocrite I have sold some of my Bitcoin during the price hype. Although I am a big fan of holding I have been holding for more than a year or two since I started investing in Bitcoin. it's just that, there are some points we need a substantial amount to finish a project or do a business. And that was one main reason I sold some fraction of my holding, not for pleasure but for good purposes. I am expecting to put 50% of my profit back into Bitcoin when the business starts flourishing.

In the meantime i am still holding the rest of my asset.
hero member
Activity: 2408
Merit: 584
November 26, 2024, 03:58:31 PM
#86
The OP's question sounds like HODL'ers are in a minority. The more pertinent question is who has sold
out when the markets hit +$99k. I think there was a bit of a movement at one stage who had $100k
as the sell out target but given how "easily" we have reached that* its clear now that the thinking is far
beyond $100k, so HODL'ing is largely the norm.

I's still HODL'ing but I also spend Bitcoin on a weekly basis. I am part time on the "Bitcoin Standard"
things I buy now are only getting cheaper as Bitcoin rises!
I do not think that we have less holders, in fact I believe (which is proven by data anyways) we have more and more holders, but the real holder count will show itself with time when these ETF's start to be bigger and bigger each year. I bet that there were tons of companies and corporations which did not buy bitcoin directly, they did not want to deal with security part of it, and now they are buying ETF's from companies like blackrock and dealing with that instead.

This should be something that is getting a much better return for all of us, that's why we started this years bull run nearly at last times all time high and not lower, because the moment ETF's got accepted, we started to do great and price increased a lot.
hero member
Activity: 3080
Merit: 603
November 26, 2024, 03:46:20 PM
#85
Haha, that made me laugh. But that's so true, we've waited for this moment and it's the right time to sell some, not all. But if there really are people that claims that they haven't sold any satoshi at all, they're admirable because at these times the first thing that a holder will have to think is about that we've probably at the next peak although there's an expected another one that's about to come. But you know, time is precious and whenever we're at that times, we have to value and decide the right thing to do.

There are ways for each to take advantage of the very maximum increase in the price of bitcoin like now and almost most people will sell some percent of the bitcoins they own to make a profit.
Holding always says they will hold and maybe for big companies they will continue to hold the ownership they have but what about small investors like us, will they continue to hold and will not sell some of the bitcoins they have when the price increases to the maximum.
I think it's okay to sell some of the bitcoins we have and see the opportunity in the decline to reaccumulate the bitcoins.

Holding is always profitable because the price of Bitcoin will definitely increase based on the period, but we also need to think about how to accumulate so that Bitcoin ownership can continue to increase slowly, especially for investors like us.
It is no doubt that it's okay to sell some but don't oversell and if there is a chance that you can recover that then through other means by buying back, do it as much as possible. You've been holding for so long, so taking a slice of the cake is a good reward for yourself and you can do anything with that once you've done it. And like what's happening to the market now, it's correcting so profit taking at $98k-$99k did it and they can buyback if they want to now.

Haha, that made me laugh. But that's so true, we've waited for this moment and it's the right time to sell some, not all. But if there really are people that claims that they haven't sold any satoshi at all, they're admirable because at these times the first thing that a holder will have to think is about that we've probably at the next peak although there's an expected another one that's about to come. But you know, time is precious and whenever we're at that times, we have to value and decide the right thing to do.

I don't believe someone can hold bitcoin for years or hold through 1 or 2 bull cycles without selling any bitcoin. But I have some friends who have been accumulating bitcoin since the 2022 bear season, they have not sold any bitcoin in this bull run yet because things have not reached their target yet. Also, it depends on the economic conditions, some people made a lot of money from the previous bull season and they are reinvesting that profit. Not to mention, they have a stable economy, they also have no reason to rush to sell at this price when the official bull season has just begun.

We should not impose our thoughts on others just because they are not like us. The thinking of big investors and small investors is sometimes different. If we notice, while many people are selling and taking profits, ETFs are still buying every day.
As for economic conditions, that's true as well. When someone isn't on a good condition whether it's with country's economy or personal, there is no other choice but to sell. While the others are going to talk about holding forever, it's a good plan but along the way there might be a chance that they'd sell as well but again, do not oversell.
hero member
Activity: 896
Merit: 654
Leading Crypto Sports Betting & Casino Platform
November 26, 2024, 10:52:30 AM
#84
I have NEVER sold or used even the tiniest amount of Bitcoin though I have accumulated more and more over the years. Almost seems like its all in a black  whole somewhere! I just don't feel like selling any it because I feel like come next halving, it will be worth 2 times more! At this point, it almost seems like all of it will just go to my next generation.
Good for you and I wish you the best of luck on this. But for me, I understand the economics around Bitcoin, so I am selling 70% of my Bitcoin holding somewhere around 2025. If it continues to rise, I will still be happy with the leftover 30% because I've already gained a lot by holding Bitcoin since 2022. I want to plan smartly that way because Bitcoin always has its bullish and bearish seasons, we are in the bullish season now, and that's why the hope and excitement have rekindled but I won't forget history so soon. I will divest that percentage to reinvest it in the next bullish cycle. This is practical, I will make more money doing that.
hero member
Activity: 1050
Merit: 592
God is great
November 26, 2024, 09:58:11 AM
#83
Many are still holding till now, they don't mind if the amount or value in bitcoin is at the right position they wanted it or not, all they set for their own personal targets is the bullrun, which could be at any point in time, they are going to make an investment as they wanted to remain in the market after which they are being convinced on the decision to make over their investment, so will manage to stay long while some only go short.
For me I think now the market price is increasing on a regular it will even encourage people to keep hodling to make good opportunity to realise good profit in this bull market.  There are possibilities that the price of the market can even go far more than what it is right now, I feel this is another opportunity that needs not to be missed. It is very interesting seeing ones investment increasing in price as the price of bitcoin keeps increasing.

For those who understands hodling I don't think they will be so quick to sell off their bitcoin,  they understand the outcome of hodling and they will keep on hodling till the end of it.
sr. member
Activity: 1260
Merit: 358
November 26, 2024, 08:37:56 AM
#82
It's hard to let go when you believe the value will just keep growing. I think a lot of us hodlers are in the same boat, seeing it as a long-term investment or even something to pass down.

I can relate to this; however, I would say that one should at least have a target in mind. If the price hits that target, you should at least take a profit if you don't want to sell everything you hold because it isn't wise to keep holding when the market hits the top and starts declining.

In my opinion, those who sell when the market hits their target will have the opportunity to get more profit by buying again when the price corrects itself and starts going up. Now, if Bitcoin goes to $70k or something, one can buy again at that price if they had taken profit when it hit $99.5k.

I don't know if others will agree with me on this, but I feel having a target for taking profit and not getting greedy when the price reaches that point is a better approach than not doing it and regretting it later. Remember, taking profit means selling a portion and not everything you hold.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
November 26, 2024, 06:53:20 AM
#81
It's hard to let go when you believe the value will just keep growing. I think a lot of us hodlers are in the same boat, seeing it as a long-term investment or even something to pass down.

No pressure comes up with those people who hodl and believe that bitcoin will grow more despite of the dump happening right now. This is just a normal scene since not always bitcoin will go up and there would be a correction goes after those good pump happen for many days with it.

Right now its good if a investor would know what will be his next action after seeing those dumps since deciding to accumulate and catch those dips is good decision to take. Since if they get panic and end up their journey there then maybe they might really regret every decision they made especially if bitcoin will recover and start to hit new heights again.
legendary
Activity: 2100
Merit: 1042
HODL
November 26, 2024, 03:07:08 AM
#80
I’m skeptical if there’s user out here that doesn’t spend even a single satoshi on their holdings despite the current price which is the ATH.


Yea, maybe possibly the only ones who havent sold anything yet are the ones with no access to their wallets!
Haha, that made me laugh. But that's so true, we've waited for this moment and it's the right time to sell some, not all. But if there really are people that claims that they haven't sold any satoshi at all, they're admirable because at these times the first thing that a holder will have to think is about that we've probably at the next peak although there's an expected another one that's about to come. But you know, time is precious and whenever we're at that times, we have to value and decide the right thing to do.

I don't believe someone can hold bitcoin for years or hold through 1 or 2 bull cycles without selling any bitcoin. But I have some friends who have been accumulating bitcoin since the 2022 bear season, they have not sold any bitcoin in this bull run yet because things have not reached their target yet. Also, it depends on the economic conditions, some people made a lot of money from the previous bull season and they are reinvesting that profit. Not to mention, they have a stable economy, they also have no reason to rush to sell at this price when the official bull season has just begun.

We should not impose our thoughts on others just because they are not like us. The thinking of big investors and small investors is sometimes different. If we notice, while many people are selling and taking profits, ETFs are still buying every day.
hero member
Activity: 1428
Merit: 592
November 25, 2024, 10:10:00 PM
#79
Haha, that made me laugh. But that's so true, we've waited for this moment and it's the right time to sell some, not all. But if there really are people that claims that they haven't sold any satoshi at all, they're admirable because at these times the first thing that a holder will have to think is about that we've probably at the next peak although there's an expected another one that's about to come. But you know, time is precious and whenever we're at that times, we have to value and decide the right thing to do.

There are ways for each to take advantage of the very maximum increase in the price of bitcoin like now and almost most people will sell some percent of the bitcoins they own to make a profit.
Holding always says they will hold and maybe for big companies they will continue to hold the ownership they have but what about small investors like us, will they continue to hold and will not sell some of the bitcoins they have when the price increases to the maximum.
I think it's okay to sell some of the bitcoins we have and see the opportunity in the decline to reaccumulate the bitcoins.

Holding is always profitable because the price of Bitcoin will definitely increase based on the period, but we also need to think about how to accumulate so that Bitcoin ownership can continue to increase slowly, especially for investors like us.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
November 25, 2024, 06:54:03 PM
#78
I’m skeptical if there’s user out here that doesn’t spend even a single satoshi on their holdings despite the current price which is the ATH.

Yea, maybe possibly the only ones who havent sold anything yet are the ones with no access to their wallets!
Well not untrue!

Which is a really good option if you really want to refrain yourself from ever spending. We know how easy it is to spend and use our bitcoins because it is so easily available and easily accessible but if you were to use cold wallets and hide it somewhere far from you, you’ll less likely to be tempted. It’s going to be a lot more inconvenient if you ever want to spend it compared to if it’s just on your wallet (based on real life experience).
hero member
Activity: 3080
Merit: 603
November 25, 2024, 06:36:07 PM
#77
I’m skeptical if there’s user out here that doesn’t spend even a single satoshi on their holdings despite the current price which is the ATH.


Yea, maybe possibly the only ones who havent sold anything yet are the ones with no access to their wallets!
Haha, that made me laugh. But that's so true, we've waited for this moment and it's the right time to sell some, not all. But if there really are people that claims that they haven't sold any satoshi at all, they're admirable because at these times the first thing that a holder will have to think is about that we've probably at the next peak although there's an expected another one that's about to come. But you know, time is precious and whenever we're at that times, we have to value and decide the right thing to do.
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