Bitcoin Forum

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.  :)

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.

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.

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

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

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.

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.

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.

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.

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.

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....

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.

I must hold my coins so tight for me not to loss money, since I can’t afford to sold it at a lower price, and also I have a goal that I need to accomplish and I believe by holding on a great coin will allow me to do that. Holding is the best thing that you can do in this market, because every coin will go up soon since cryptocurrency is our future.

I use futures to balance it out when the market is falling and I would slowly sell my investment. with the balance of the futures and holdings.

Well, there's this specific threshold I am waiting until I cash out my bitcoins in the future. Every investor has their own plans on their investments whether for short or long-term goal and that is why I believe that in the near future, I personally believe that bitcoin prices will start to skyrocket once again after 2018. Just think of this way, some countries in Asia including Japan and Singapore are starting to see bitcoin as something that is beneficial to the society. Singapore just mentioned that bitcoin is not a threat to their economy YET (will post the links below for future reference).

Just to add, bitcoin being a digital currency and investment is an intangible good which may be the future of payment transactions in the future. While I do believe that it is very idealistic, soon countries will slowly adapt to the digital aspect side and bitcoin may be the gateway towards this stepping stone.


I believe that almost all investors want to profit from their investments and that provides for the reason on why people hold. The exit strategy may differ from each individual but all of us have a common goal- which is to gain profit. While I also believe that holding is indeed a preferable move in the market, there are also a variety of options in order to maximize your profits by not just HOLDING it. Here are some of my suggestions:

• In order to at least increase your profit for long-term, you may increase their capital investments from a part of our monthly wages;
• Trading may be a good source of earning extra-income but be mindful of the risks before you engage;
• Being part of a signature campaign may give you an extra-boost as it rewards you with bitcoins/weekly by contributing in the forum; and
• If you have the necessary skills under the services sector like creating signature designs or anything that is relevant to service, then you may offer them payment for it.

Link: https://cointelegraph.com/news/singapore-confirms-it-will-not-ban-cryptocurrency-has-no-risk-concerns

I only keep BTC until I reach the premium of my vehicles. I sell for cheaper in BTC and make the value back either by trading or over time.

for me personally I don't know the answer to that yet. but the way I see it I better have some money by the time I find the answer to that question.

I started buying BTC about 2 or 2.5 years ago and have just about made what I've put in back.   I'm a financial guy and diversity is everything to me.  As such I highly recommend everyone be completely diversified so that if it does you don't lose everything (Let's take a look at the horror stories going on right now with Bitconnect buyers).  BTC vs Gold?  Dumbest question ever.  Own both. If you believe in something and you've done all the homework you possibly can then maybe you just HODL for life.

Right now using the futures to hedge your position during a bear market is not going to work very well.

Have you actually traded the futures before?

To short you need to provide crazy margin, and the spread is still awfully high.

The future options would of been good but there is no market for those yet.

I'm hodling till I can't anymore, meaning, I'll probably never end up selling the majority of my coins. I haven't sold much aside from taking profits last year during the crazy peak, but have put that capital back into Bitcoin in the last days.

I try to continue doing so for many more years, which allows me to end up with more coins every year, and that's for me a fantastic continuous goal to focus on due to the wild fluctuations this market goes through.

I don't trade a lot at all, even barely, but in some cases it's so obvious that the market is overbought, that it would be a wasted opportunity to not use it in my advantage to increase the number of coins that I have.

It's a risk regardless of how obvious things may look, but some times you just have to take that extra risk.

Don't take me wrong, but I think this shows how little knowledge you have about bitcoin, and probably even crypto in general. Although bitcoin is mainly used as a financial asset right now, and people just use it to trade like forex markets, the truth is that this is not the main goal of bitcoin, and the reason why it was created. Bitcoin was meant to be used as a form of payment. And not just a form of payment like paypal, or visa, etc. Bitcoin is suppose to become a decentralized currency (you can see it as digital gold, that is easy to use). So in theory, if things go well, true holders don't need to sell bitcoin for fiat, because they will be able to use it as a currency, and "trade it" for goods. Instead of paying with fiat, you should be able to pay with BTC.

Personally I have a counted sum of money of which to me will necessary for me 10-20 years ahead. It $ digit is right only for flowing the my standard living. I want to earn this digit $. I won't work. So I try to keep the previous level of life in future with money from holds. Of course thats true only if I no change standard life. If will to conduct magnificent life this money will lost for several months.
So I have bought some coins, tokens etc and hold for 1 year or more

Not actually a holder but I did not sell my bitcoin when it was about $10000. Then I managed and traded and got back about 30% (according to the number of bitcoin in my balance). And now, I will hold until bitcoin get back $12000 and I will have a big profit

Due to my past experience bitcoin always overcome every charge that come it way and it always find it way back to the top after every dip either. So,  I have no exit strategy since I'm planning to quit or panic sell my holding.

I think that before you get involved in a project or you decide to keep a penny, you must always have a clear plan. When you invest you should find out how it is coin, there are applications, there is potential in the future or not. You will have your own plan for how long to keep and when to sell.

I would take 20% off every time I make 100x from my current portfolio.

If you are serious on finding answers to your question, read this thread: Whats your exit strategy? (https://bitcointalk.org/index.php?topic=2729104.0)
The questions were the same, but the other topic has more elaborate replies.
You can lock (https://bitcointalk.org/index.php?topic=2841800.0) this thread then continue to read and ask questions to that thread.

Hold does not mean it will continue forever, how we should be observant to see the market for the coins we hold, whether with hold we will be more profits, if not better sell.

exit strategy, just get another way to earn profit, i do that way, when the price is dump, i just try to get another earning from bounty or airdrop. its an easy strategy to exit from stressed of being looking my coin dump (in this case i still HOLD). which means i just left my coin where i buy, no sell at lower price from i buy.

After a few weeks, it have a chance 85% of my coin will rise again

Everyone has there own limits. Even the most actove ones will artove at the time that they have alfeady reached their target profit and will eventually stop.

I think that in order to have projects that you can invest and keep long we have to find out very well and it will take a lot of time. We need to find out what the project has in the application practical, project development team including who, specific strategies in 2018 how. From that point we set out the concrete plan, how long it will hold it and when it will sell.

Holding for me is setting up a time frame for a particular coin. Say about 5 years. Then forget about it. In between, i participate in some bounty campaigns in order to add some coins in my portfolio.

I'm a bit holder, I have many altcoins that I hold for future rise. Yes I have exit strategies, when altcoin reach some top I sell and buy back again. Shortage of some kind, not planned, you can see that from my comments, I was buying ripple and iota for low price but when I saw it on x 5 iota I sold and I was fast, but with ripple I made a gret hit and I sold on top for 3.2$.
Now I'm buying this altcoins again, and I have some others that I wait more then 6 months for some greater rise. That is my strategy and I'm going great for now, and it isn't hard to do it.

Its just really on holders decision on when he would plan to exit as long we do make money then it should be fine but im sure we do have the common reason why we do hold up which is on having "PROFITS"  or might have the hopes on getting rich on the coins we are holding. Exit would be on case to case basis either you are satisfied with the profits gained or just been part of your strategy on buy low sell high then buy back later.

Well, just at almost 20k dollars and some of the holders might have already sold their coins. Maybe that is retirement for them and they are satisfied with the number.
That is the exit. When you feel like it should be sold then do it.
It is your coin and no one can stop you from doing it.
The run for holding is for those who can just do it until they are satisfied with the value of it. You could pass it on with your children but most likely there will be a withdrawal that will happen.

I don't have an exit strategy, because I don't think that Bitcoin will die anytime soon.
The majority of my coins are just for holding purposes but besides holding I also try to use them to pay for goods and services, whenever I can.
It might feel different for people that bought Bitcoins when the price was $1000 but I got in around $100, so it doesn't really feel as a loss when the value halves.

I hold it just as a backup investment. I have fiat for everyday transactions

I follow some guidelines:

- Never sell most part of your coins;
- Withdraw profit progressively;
- Always buy when BTC price drops considerably;
- Always sell after a high and fast increasement in price (taking in consideration the first guideline);
- Don't become desperate if you have lost a nice profit opportunity;
- NEVER panic selling!

lol, bitcoin will never die ,, doing bitcoin hold is one way for us to real wealth ,, we all already know that digital asset has become one of the motivations that we must hold firm and sure that bitcoin will continue to grow and not will never die

When bitcoin reach for at least 100k $ each, i think i will sell half of my coins when it comes. When i enter crypto currency, all i want is to make my life comfortable, i want to secured my future. The other half of my coins will exit when bitcoin reach 1million $ each. Its my plan.

I would be practical, I am into holding but whenever I see profit I tend to sell part of my coins.  I had learned my lesson not to sell all my coins since there are times when the price of the Bitcoin increase more than my selling amount.  I can hold, i can sell and I can buy during the dip, this way I will never run out of Bitcoin getting profit on every peak and buying on every dip.

Die? Hell nope. Coins are held so that when they appreciate to a reasonable profit, you can off load and maybe reenter in same coin when it goes dip or you look for another promising coin. I think this is my understanding to holding and not to hold till eternity.

Who will then enjoy the labour? Selling off is simply my exit.

Of course you have to make your plan before holding otherwise your risks are really high. You need also to study the coins, tokens and check if they have good potential, because holding shitcoins is really worthless. I believe the most experienced holders have their plans and they sell as soon as the price reach their estimated level.

To HODL doesn't mean that you need to hold it for your entire life, obviously it doesn't make sense if a person hold till his/her death.
The purpose of holding is to get profit without taking any high risk as like trading, mostly people who can't spare time for trading do this.

Okay that made me imagine things for some time just staring at one place.  ;D
I do have some time when I withdrew a part of my bitcoin. I am not living in a rich country so someone needs to pay the bills and the rents.
But there is still a far larger amount that is on hold.
I guess I am really into what will happen in the future and I dont want to be late where everything will be expensive.
The exit will be little by little, because I dont really need much of a money right now.
There is a day job that pays me.

If you don't have any plan on sell it after getting some decent amount then you are not a trader, you are just a weird gambler that is obsessed with profit.
Having a percentage of profit is the best way to secure your income, having a measurement is always better than just seeing and thinking that it can go further.

Maybe i guess i will just hold my bitcoins as long as possible because i believe that it will always rise through time. Ofcourse i have many dreams and goals that i wanted to reach and do specially with the help of bitcoin. I must say that holding is the best way for me, rather than to trade it or sell it because it is risky.

A little bit strange to hold coins to the day of own death, like you know when it will happen ???
My plan is to wait bitcoin rise to 40k$ and I expect other coins, which i have in my protfolio will rise proportionally the same or alike. I will not become a millionaire of course, but this is those kind of risk and greediness which I can to handle.

I think most of the holders do have a specific amount targeted for their investments, I don't think they would hold that forever for sure because they invested them for a reason. And most of the reason is that they are saving these coins for their future, or saving them for rainy seasons.

I can not hold till I die, though the possibility of that happenings later than now is there. But all my holds in any coin could sometime be sold when according to my projection feel it is high to do so.

I just hold out of interest. I like Bitcoin for its features, not for its price, that's why I'm not that upset about the price. I think Bitcoin is a good investment, though. I'm going to hold Bitcoin for years just to see what happens to it, maybe it will drop, maybe increase, I just like to have it to be in the game.

personally I have a target to reach and have a financial freedom and as soon as I will have it I will sell anything I got and I will not look back even if the coins get doubled in price.

I have my clear plan about holding, and already sold some crypto currencies when the price reach my expected level. I don't think that holders are fools to hold their crypto until dying , without making plans. Everyone is waiting some level, and also they sell whenever they need cash or fiat money.

You asked a really interesting question, and I myself would like to know how other users sell their tokens, and which moment is the most suitable. I'm sure of one thing, that at the moment it's better not to sell anything and do not conduct any transactions until the market stabilizes.

of course I will hold it because the market will recover any reason.
can be seen from the beginning of 2013 until now at the beginning of the year the market is always experiencing a crash but in the mid and late he will go back up.
and another one will not sell when the loss is stupid, if you believe in your investment then hold it.

With the price now still down, and I do not know how the market situation will come, do you think, Should I hold a coin or remove it, to avoid losses?

I agree with you, and I believe the market price will rise again probably in the midst of the year or at the end of the year, and the fall in market prices we use to buy coins, so where the market price goes up we can sell it and surely we get big profits.

It is depending on my plans where i don't mind any pump or dump of price as long as i know the future potential of an altcoin i rather hold and if not my exit strategy is when i hit a profit 10% and above would be a very nice gains. The only point of holding i belongs to the person who knows what coin to hold and what is not.

Nobody hold until he dies. There are opinions of each trader and they can decide the right time about selling coins. There is no point in waitig for something special. You need to exit somehow. We know this firstly.

That really depends on you. There must be a difference between greed and holding for positive purposes. Although everyone wants good money but that doesn’t mean you are holding from a long time and planned to hold it for coming long time too. No, this approach will only lead you to the greed and ultimately your holding will never give your fruitful results. So hold until you get handsome profit.

Well, holding coin is meant to gain passive profit for future but it's not just for whole life until you die but rather to give a little space after the correction. Being greedy has a purpose to make your dreams comes true because speculation tells us that this year is the most awaited price having a market value over $75,000, people would definately hold for a while.

I will hold the coin until I get a considerable profit and if there is no urgent need in finance I will not sell the coins I hold

I also holder some potential coin , and i have goal to hold that all coin until they has value up to $100k , and when this goals reached i sell it all to buy others asset like real estate.

Same with your goal I will hold my coin until it reached my desirable price but before making this goal I study the coin on where I have been invested so that I will not regret  if this coin will dump but continuing to hold it because there is a big possibility in the future that it will give me a big profit.

There are really some potential coins which at the moment don't have any value but as time goes by,the coin is becoming in demand already.That's the reason people always prefer to hold for a long term investment than selling it in a short time.Even i keep on holding my coins,for sure time will come that i have to reap my fruit of labor which is really worth the wait.

I HODL because I don't need an urgent cash on hand, and I think these coins that I hodl can be sold at a greater amount of price which is good. We don't HODL for eternity, we hodl because these coins give you more profit in the future.

Ofcourse you should have an exit strategy if you plan to HODL. It doesn't mean you have to stick it for the rest of your life, if you still think of HODLing then how will you make money (That is what most of the people needed here)? You must sell your holdings atleast one point in your life.

I just want to hold the coin until I get the pretty good price for me to have a good life. Coz there's a time and have a potential that the coins will get a good value.

I think majority of investor here do not intent to hold their coins for lifetime but instead waiting for the price that they think is good enough to sell what they have. People set their own price ceiling and when they think it is a good time to sell, surely they will do so. Others might be waiting till cryptos get their stable price then that's the time they will stop holding.

It depends on your interpretation of hodl. In most cases hodl indeed means that people at some point plan to unload their coins, but that's only if they are fiat centric. In my case hodl means that I will keep holding through until I don't need to cash out my coins anymore to buy whatever I want, because I can buy everything with Bitcoin by that time. People keep complaining about banks and this system, but don't do anything to change that, which is quite odd in my opinion with Bitcoin being available to offer you the freedom you always wanted to have, but never was allowed to have. This thread perfectly shows how people are focused purely on fiat, which at the end of the day is their rightful choice. People are free to choose. :)

We need to find out what the project has in the application practical, project development team including who, specific strategies in 2018 how. From that point we set out the concrete plan, how long it will hold it and when it will sell. Exit would be on case to case basis either you are satisfied with the profits gained or just been part of your strategy on buy low sell high then buy back later

I keep the assets in crypto and after my assets have reached the target I want, I sell my assets. and also if I needed it for my sudden needs. but I also keep my assets in crypto...