Bitcoin Forum

Those who advocate hodling, when do you cash out?

I mean, dying hodling is not the plan, is it? Eventually, you'd need to enjoy the fruits of your patience, right? When is that, when someone says "hodl"? Is it a savings plan? A retirement fund? What does it mean to hodl?

For me, when I really need the funds. Which I don't at the moment.

Smart ones will take profits when they are ready to, and re-enter when there's a correction. While having some stash too.

How long do you plan to hold on for a long time? If we enjoy the process of holding from now on of course it will take a long time and will find the right results during this time and I am sure true hold will find and enjoy the results of this.

But I can't always say with retirement money or savings because this is still very difficult to predict and has not determined the big payoff or vice versa.
So for me when we hold and have determined exactly where the advantage is in sight, then I need to take it right now.

IMO, I think it depends on any personal timeline, but for me, I don't hold longer than what I've set upon in the very beginning, my reasons are mainly about the fund's availability because I'm not rich, and my funds are very scarce and limited that's why I can't afford my capital (funds) remain idle for a very long period. the longest period that I was holding is about a year or more during the 2018 crypto winter but it does not end well.

I think the correct answer would be until you don't have a reason to anymore. This is subjective to each one opinion about Bitcoin and its prospects for the future.

What do HODL'ers actually do? - They are long on Bitcoin price. They think the price will, at some point in time, go higher.

What are the costs of HODLing? - Not being able to participate in other opportunities with the financial power locked up in Bitcoin, but then the question is - do you really want to "lock" your earned money in anything else than BTC? That's another question that each one of us need to answer in their own mind.  ;)

Hodl until you see the price you're waiting for or until you see the value increasing continuously. Waiting was never an easy thing to do, it requires a lot of courage and perseverance before you can accomplish and benefit from it. It is also a game full of risks since there will always be a possibility of having that one thing you're hodling for fail or keep on going down with no hopes of rising. Nevertheless, it is one of the most effective and important strategy in crypto and many people can prove how beneficial and effective it can once you get through it.

"When the price is right".

Yes, we're not planning to hold until we're dead. There's no essence of making some profit when we cannot spend anymore and the one that's going to spend it can no longer be found.

For some, it's a retirement plan and at the same time, it's a savings plan. You sell whenever you are confident with the price.

Crap, you beat me to it.

Just to add: it's going to be different from person to person. If you're mainly just a trader/speculator, then just set a price point that you're happy with. On the other hand, if you're an enthusiast and you understand the problems with the current financial system, then you'd totally understand why we won't sell unless we really need to.

Hodl until you feel like that's enough profit for you. Or perhaps you hodl'd until the adoption grew so much you could buy groceries with BTC. There's no specific definition for it, the time to stop hodl'ing is the time chosen through your own definition of the word.

It's your BTC you HODL as long as you want. I'm hodling since 2013 and never cashed out a satoshi. How long will I hodl? I don't know, will probably cash out 10-15% at a given time to enjoy the fruits of my labor, but I will never cash out all my BTC. I plan to leave some to my kids also.

Literally this. Hodl until you can spend it or exchange it directly for what you want. Going back to fiat defeats the purpose of bitcoin. This whole "investor" and speculative phase is blurring the line on what bitcoin really is. Bitcoin is an alternative, better form of money! Use it as such.

I don't agree with people who suggest holding on too long. I think it's better to sell it when it's profitable, that's a very good way in my opinion. there are many considerations and must be studied before investing in crypto including when we have to cutlose.

There is no time line for hodl, anyone can decide to hodl as long as they want to take profit anytime they feel like, this depends on you and the target you want to see the price go to before you decide to sell or not, hodl you definitely not be forever, one must cash out at some point.

Exactly.

I plan to be able to buy stuff with bitcoin.  I will save in fees, and it is possible to avoid somes taxes as well.

I was once able to rent a house for a month once using bitcoin, I was quite happy about it :)

I hope in future I can buy a new PS5 using bitcoin here in Brazil.

Recently I have sold a small amount of my "holding stash", before the recent crash (about 5%, but I wish I had sold more). My strategy is to sell a few % every month during a  bullrun.

HODL as you like, most importantly when you make a sale in a profitable situation, we are all here to make a profit, so before making a profit, HODL is the most appropriate choice.
and it is not easy or fast to profit from bitcoins before the mentality and patience are ingrained and strong in you, and the profits will surely come if you are patient and do it for the long term because the bitcoin boom is not over yet. ;)

I am so bullish on BTC, we can't imagine what it will be worth in the future. I want to leave some to my kids, so they could benefit from it. I will HODL until death I guess.

Sky is the limit my man! What hodl means depend entirely on the perception of the person who is hodling! But in an easier sense, for the sake of you question, when you have already reached your set of goals be it small or big. Specially at times when you feel down or unmotivated to do anything. That is when you know that you need to reward yourself even if just a bit. It can also be called a savings plan, yes. But only to an extent since roi and capital itself can be lost depending on your timing and on the status of the market. Still, most people see bitcoin as a great savings option. Specially those who plan on holding for years.

HODL until the people who are telling you to HODL sell themselves so that you can sell your holdings for peanuts too. Remember those people telling you to buy the dips since 55k? Where are they now? They are the people telling you to HODL now. The only way to earn money in bitcoin is to think wisely. Either make systematic investment every month to average your holdings or wait for a good dip to buy a good position of 25% of your capital. Buying at every drop is sheer stupidity. Even if the price goes to 1 Million in future. Investing 1000$ at $50k would make you 20000$, while investing at $25k would make you 40000$. So don't do stupid HODLing. Buy at good points and set your time period of holding it.

When you see your profit was there, don't be dumb selling your Bitcoin under the price you've purchased it.

The word volatility makes Bitcoin price fluctuated and it will go up and later on it will down.  So, the word HODL here is the perfect and safe strategy for investing in Bitcoin because all you have to do is wait until your profit was there.  It could be your retirement plan when the price goes up because Bitcoin has a limited amount in the market and has a basic law upon moving the price, the demand, and supply.  This is the reason the price move in an unknown direction depends on these two options, the demand, and supply.

HODL, is an acronym that stand for “Hold".

I've earned some coins here and there and I've also spent quite a big part of them. HODL? Sure! I'm even accumulating.
Clearly I can't use the money when I'm dead, hence:
1. I do spend some of my earnings. This way even if the levels from point 2 are not reached (during my life time), I will still not be angry.
2. I do plan to cash out some bigger chunks when the price reaches certain levels. What levels are OK for me doesn't matter for you, but for example one such level is around 1 million EURO.
3. I plan to get to the point that although I cashed out some, I'll also leave some for my retirement. I don't know if the amounts I have will cover all my plans, but .. at least I have plans  ;)



Well, some may have sold at a loss, then bought back at even better price. In theory, at least, it is possible.
In reality, usually it's just bad decisions piling up, FOMO and panic making many people lose money.

Are you Asian by any chance? Weird question, I know.

Everyone has their own way of thinking, which is very different from others. But I like your thoughts. If we plan for the future from where we are now, we have the potential to do a lot better, because Bitcoin is giving us the opportunity to think more deeply. I always have a long-term plan with Bitcoin, and I think this is the best way to hodl bitcoin. Because those who become more attracted to the market and start trading with their bitcoins, they lose their bitcoins.

So there is no way to lose bitcoin if you make a long term hodl. This will allow you to leave those bitcoins for your children in the future. So those who think like you they enjoy long term good results in the future.

That is up to each person to decide as the circumstances are going to be different for each person, if you are young then you could think of your bitcoin as an extra retirement account and if the amount of bitcoin you have is small then it could be a good idea to hold for decades.

I know this could seem to be too long but holding for that period of time could help you to make amazing profits, now if you have a lot of bitcoin then the time you need to hold gets shorter, also your age is another factor, if you are on the older side then it is impossible to hold for that long, this is why no one can really tell you for how long you should hold but at least you should do it until you are completely sure the price is never to go down below the point at which you bought.

you can't hold your BTC forever so make a "price target".  Everyone's needs are different, some hold their BTC for their children, some hold it till BTC up to $100k....so decide when is the right time you will sell the BTC you hold.

It means you hold long term until whenever you want.

For me, I already retired in 2019 thanks to Bitcoin, and I will gradually sell bitcoin here and there to buy land and houses or other very big things. Probably move some into other asset classes as well just so I'm not 100% in crypto eventually, leave a bitcoin each to my nieces, probably cash out a couple eventually in order to take advantage of whatever opportunities come my way, I'll cash out a little bit at the beginning of next year so I have a plenty big emergency fund, probably use one to help out friends at different times, maybe i'll use one to donate to good causes at different times, maybe i'll use one to start a business or set up an organization at some point for something I dunno, I plan on taking some space trips when commercial space flights are available so I'll set aside a couple for going in to space and going to the moon and maybe even going to mars later in life if that's a viable option, and I'll still probably have at least a couple left when I die which hopefully I will have set up to give relatives ownership over. Basically I plan on gradually selling/using them over the next few decades for either huge purchases or moving into other asset classes or helping people, though mostly over the next decade or so, whenever I want to do something big money-wise, and I'll end up setting up my relatives with generational wealth as well.


HODL for however long you want.

I think that we don't realize how powerful those who have bitcoins will be in 50, 60, 70 years from now... I'm really excited about the future!

Varies from person to person basically. Some people might want to HODL for just a single day while some might want to HODL for years.

The smartest HODLERS are the ones who deposited small amounts into popular cryptocurrencies long back and saved the private keys in some safe place and intentionally avoided checking their prices on a regular basis.

HODLING is definitely not for everyone. Personally, I prefer it over day-trading for several reasons(No pressure, convenient etc).

There are different types of people HODLing Bitcoin, the active traders take profits at the slightest time while those who believe in the technology, forsee the chaos in the current Economy and those who wish BTC to attain a certain high price level before they can sell. For every buy point there is a tired seller who is giving up on HODLing, it varies from person to person. You can sell anytime your taste of profit has been met.

For me, hodling can be done by any one of us but in the end, only those who are patient enough will survive and succeed. But hodling for the rest of your life is never a good decision though because you won't enjoy the profits of your patience if you never sell them too.

I'm still hodling some of my potential coins that i think will have more rooms to grow, but i have also plans when to sell and let go of them. I prefer to sell them when i think the price is profitable enough and definitely when i need them the most like when emergency cases arise or maybe good projects that need more budget to be fully realized.

Honestly I HODL BTC for the profits. I have a short-term hodling wallet which I can hodl for more than a year. I did earn a pretty satisfying profit from the recent bull run and today I am waiting for the price drop and accumulate some. I have a separate long-term hodling wallet, It's mostly like a dead wallet that doesn't have any transaction other than my first deposit for depositing BTC to that wallet. I have that wallet for 5 years and I didn't even touch it even It experienced 2 bull runs.

My easy recipe: Buy, for example today and hold 6m. after that you can see your profit and made cash out. It depends what crypto you bought.

From the little experience am having I believe everybody is having plans and target I believe everyone is holding there coin and they are having target whenever it gets to there target they will definitely sell off and some people are holding there coin for future purpose I believe some are holding there coin for there children. So everybody is having specific purpose why he is holding a particular coin. Currently must of the coins am having am still holding them because they have not gotten to my target yet.

HODLing doesn't mean that you will hold your coins forever and never sell and convert them to fiat or something. For example, I set some level goals for me to sell when I reach them. Otherwise, there would be no meaning. Everyone sells their coins at some point. Maybe not all of them but it is like I said.

Before trading set a maximum profit in your mind according to the potential of coin, but keep one thing in mind don’t invest the amount that you need in near future only invest your spare amounts so when price drops you can wait for the pump. HODL as much as you can but when you think that the coin reach their all time high price sell them and reinvest your capital and enjoy the rest amount you get as a profit.

in fact, hodl is a term that is often used by crypto users to hold or store crypto assets in the long term even though the price drops.
this requires strong mental and consideration, only diamond hands can survive seeing assets whose value continues to decline, but with the belief that prices can recover because the project fundamentals are good then it is not a problem.
the decision to sell the held assets depends on several things: 1) the needs of each holder, 2) choosing the milestones or golden times of project development, such as token burning, mainnet launch, etc.
This condition is different for each person. it is very important to understand the basics of market and fundamental analysis so as not to be easily carried away or fomo.

Well, that line above was my choice with my bitcoin that comes from earning here in the forum, --but if my personal investment, I rather hold it for a long time and never use it. That is why as long as you can only invest what you can afford, you don't need to think about selling your investment while at dip because, for you, you invested only the amount that you can afford. However, on my side, if we are taking here, --I will always have a separate amount of bitcoin that intended to hold for a long period of time. Because for the purpose of the emergency situation and there is an asset that I quickly sell when the most I needed it.

In my principle, I always doing this, buy low and sell high, and did not sell my bitcoin at a lower price. Of course, you can only cash out when you see that you can able to get your profit, but if not, surely you have blindly accepted the fact the you have already a loss. Because not all the time is cashing time in bitcoin, sometimes, you need to be patient before you will earn and the most safest way is to wait until when your profit was there.

If your purpose is to hold for the long term, it will be served as your retirement plan or any asset that you use in the future when the most you needed it.

HODL means to hold until you met your desired price and ready to sell to take profit.

Trading is a bit easy yet hard if you know, what I mean. You trade so easily without a hassle yet you face the problem of volatility. The movement that even the best trader would have to struggle to predict correctly. But if you do more technical analysis before trading you might as well hit a bonus and get a good profit.

There is no specific period of time for you to hodl your coins, you must set a specific goal for the profits that you will gain from hodling coins, you must not be greedy and be satisfied with the profit you set, No one holds his coins forever. There is a time when you must decide to sell, I don't mean to sell at a loss, but sell when your profits are good.

I will hodl my investment until my goal is reached.

I'm so confident about my investment because i really know about what i invested in, so i no need to worry even tough the price of my coin drop 20-50%.

HODL! until you have earned your return of your investment and until your desired amount of price of a token or lets say the price of bitcoin satisfy your desired amount of ROI.
We all deserve to enjoy the fruit of our patience and we are all entitled for that but the amount of fruit that you may enjoy is all depend on your decision, depend on your choice.
In my case I still don't want to sell my bitcoin for now, I mean the price is not yet satisfied my desire target price so I'm going to hodl it for a while till bitcoin price pump again but it'll need me to check the market from time to time to see any movements of the market.

It is when i really need emergency funds , though i still have savings in Banks for these occasion yet sometimes i am short of funds and need to take some out.

but the problem is when the price goes very low and with this i decide sometimes to take a Loan instead of withdrawing my crypto funds.

That's not true lol ,you will be needing funds at some point and nothing to choose but to convert .

It is not possible to determine exactly when to hold you have to choose the right time to hold by looking at the market situation. It is not right to keep more days for more profit so if the price goes down you will have to fall into loss therefore it is better to sell your capital if it is profitable at present the prices of currencies in the market are very low. Now is the right time to hold and hold on without selling now to avoid loss the prices of the currencies will go up further.

We have a different perspective if we are talking about hold until it satisfies you to make a pull-out or withdrawal. Some people saying they want to hold those coins until they reach another set of ATM but for me, it's not ideal instead of holding your coin try to sell into the ATM and attempt to buy into another dip of the market. Sometimes those people who always stay they hold is those bought into the lower price or the one who just want to suffer others and get stuck they investments. Ideal hodl is once your reach your profit and get satisfied.

For me, it mostly depends on when I got into the market. I will definitely Hodl if I had bought somewhere at the top regardless of what was going on but if I had entered the market from when it was really low, I know I would take some profits during a big correction like we had and plan a re-entry at some point when the price is low. I don't think HODL means for eternity.

Maybe OP is asking this as some holders had their specific time frame when to sell out that's why he is looking for the exact time when.
Like me i wanna keep my funds until the end of this year meaning i may risk selling in losses or maybe in big profit before the year ends.

OP may have an Investor-style thinking, and investors always wait 8 to 10 years to see their profits, of course this taking it from the point of view of investors like Warren Buffet, who are people who have experience in the Stock Market. , what I can induce is that in the Crypto market the investment gains usually last 3-4 years if you buy at the Bitcoin Accumulation stage. This is only true if and only if they buy in the accumulation stage because the first accumulation stage happened from 2014 to 2017 and the other stage from 2018 to 2021 and there is still a way to go, because what we are currently experiencing at my criteria is a bullish trend stage with a strong correction.

HODL doesn't mean that you need to hold 100% of your coins for the next 20 years. In my case, I made my first investment in 2014. I still hold around 50% of my original coins from that time. But during 2015-21, I have sold a large part of my stash, and at the same time I have earned a few coins through signature campaigns and airdrops. Depending on your risk appetite and financial condition, you can also decide for how long you want to hold and how many of your coins can be earmarked for profit booking. I never recommend anyone selling all of their coins at once.

I would sell 10 years from now. Even 20 years from now or hold it forever to politically stand against the fiat, the bankers and the government.

Just like your normal decisions in life, holding your coins is your own personal decision. whether you wanted to hold the coins for too long or only for a period of months like many people do. don't get your decision on others because it's your wealth after all and all we can give you is a bit of mere advice. Therefore, you need to check the market whenever there's some bad news about crypto because the price seems to get affected whenever that happens and your hodl will be in jeopardy as well. It's best for you to hodl for a period of months if you don't have enough patience to do the long run or whenever you feel to sell your coins it's up to you anyway.

Hodl will hold out until someone has had enough to enjoy the results. There was even a holder who gave up because he was panicking because of the falling market price and that was what made him get out of line, called the holder. Maybe for people who say hold, it is also a strategy to increase market prices and stem declines.

I will be holding until I’m not started to run out of fiat money. Or I will trade part of my holding, when I want to feel the joy that I’m paying not with fiat, but getting something for free (meaning I will pay with profit, gained from holding).
But a lot depends from what type of holder you are. I’m holding my signature bounty rewards, plus something from launchpool or crypto from other projects. If I were a trader, I would not become a life time holder. Instead I would reinvest from time to time.

Everything is just 'buy low,sell high'.If the price of Bitcoin falls under the level,in which you bought BTC,then you don't sell at a loss,you just HODL.
If the price of Bitcoin is higher than the price,in which you bought BTC,you can sell it if you want to or you can HODL,if you are a "to the moon" BTC maximalist and you believe in the 100-200K price predictions(or you are just greedy),then you will most likely HODL.
Bitcoin is NOT a savings plan or a retirement fund.Bitcoin is more like playing poker-you choose when to go all in,when to play and when to leave the table with your profits.

If you're happy with the result of your investment then its time to sell. Hodling doesnt necessarily mean you'll never sell, thats why we have different goal and different set price on when to let go.

In the process of holding, taking profit at times is needed to enjoy your investment. Thus even the price suddenly decreased its not going to be a big deal since you already enjoy some of it while waiting for your set price to finally sell.

Thus the answer for this question depends on how we see bitcoin, what's our goal, and our plan in the future.

Same strategy there. :D
I don't ever open my wallet whenever I am just chilling at the moment.
I would be just like hiding under my bunker with my Bitcoins and even if the bearish dip happens, I wouldn't care and still hodl.
I'll just sell when "lemons in life" arrives.

There are better ways to protest against the current system. As individuals we seldom have the power to change major things in the society. We mould around the society, not the other way around. Small ripples create a bigger ripple and so on. Do not hodl for the sake of hodling - you will transform yourself in a martyr for nothing. Instead you should hodl Bitcoin if you believe the fundamentals are strong and the future perspectives are bright.

IMO setting time limits for keeping an investment is generally not a good idea.

you can cash out any time you want but if you just sell when the price was still high, the time must be on your side. or you can hold until you need the money badly. that's now the ideal if you want to maximise your profit. just always think of the worse scenario every time there is a bull market. because it usually will happen, it's a cycle that the market reacts normally so sell whenever there is a price bubble.

i mostly give it 6 months to 1 year per holding season , but if there's nothing happen then i will extend my holding to another year i guess.
If you will turn back time , those early adopter even hold their coins for 10 years or less right?
depend on how you look at it, part of my holding are for retirement mate.

holding is a risky option because not every time the market will pump as sometimes it tasks even years to pumped a coin and if you wait that much time then your money will be stuck.

It is almost impossible to find the perfect timing to sell your asset. The least risky method in my opinion is to go for systematic and gradual profit booking, by selling a fixed portion of your stash every month. I would recommend this, if you hold considerable amount of coins (>10 BTC). But in case you have only 1-2 BTC in your wallet, then this strategy doesn't make any sense (because the amount you will receive after selling the coins will be finished in a couple of years). You need to wait for some more time, and wait for the exchange rates to reach $100,000 or $250,000.

I don't think holding is risky? It depends if you're in the short term or long term. As for a short time, it will not be profitable for sure as the market value right now is not very stable.
If you hold it for a longer time, there's a high chance that you can gain a profit from it as long as you wait for a good price to sell.

You can cash out depending on your sustainability, if you don't have enough money to spend and you are lacking of goods then you can cash out.

But a smart investor will surely work for his own resources and then separate the money for investment.

People are just holding because they don't need the money yet and they have other sources of funds to spend everyday.

Until the time that you feel like selling your bitcoins and cryptocurrencies, you are the only one who can answer that question to be honest because other people won't be of no help with this one as each has their own take as to how long they are going hodl their cryptocurrencies.

I believe this thread has nothing to do with any other cryptocurrency besides bitcoin. So I hope you really understand that what is being discussed is about bitcoin and nothing else.

OP, you can buy bitcoin anytime and you can also sell them anytime if you need money at that time. If you want to make a profit then you have to sell it when the price is higher than when you bought it. Holding bitcoin in the long term is believed to be the most profitable way but if you are a trader then set a target price to sell it and enjoy profit when the price hits the target you set.

It depends, it could be an investment for the long term or emergency funds in the future, but I still consider it to circulate, bitcoin can be used in so many ways, the demands are high, people look for it. use it as an advantage and grow the money.

Hodling can work both as savings and retirement.

If something happens and don't have enough money, you don't have to borrow money from someone or get a loan during emergencies. If you manage to not touch it until you are not able to work then it can become your retirement plan. If you're still financially stable after retirement, then you can decide if your children will inherit your crypto investment.

It is the same when buying a tangible asset like pieces of jewelry, you will only sell it when you need the money from that particular investment.

maybe you can have different perceptions with people who want to keep holding it in order to achieve a renewable ATH price, after getting a new price start selling, if you believe it is different, of course, everyone has the right to decide.

should think like you, the name of investing in bitcoin can be sure the price will increase when we hold on to investment, because bitcoin will always create a renewable price every 4 years (halving). if you want to do daily trading, it is also very good because the price goes down and up is quite attractive, but it must be someone who he  patience who can do this.

The real HODLers plan to never cash them out. It's very simple; if Bitcoin becomes globally adopted and you can buy anything with it, there is no reason to use the dollar and thus, there is no reason to sell your sats by the thinking of buying products. Others, plan to escape the Bitcoin anarchy in the late 20's by the thinking that it'll collapse. Who knows? It may just be a human experiment and the biggest bubble in the economic history.

Isn't it for “Hold On for Dear Life”?

yeah right, people have thier own opinions about  this matter, as an investors or traders you need to look into any perspectives that you have in mind.

Holding can always treat as financial investment if you are aiming for long-term, always rely with how good you understand what you are doing and the level of your skills in controlling your emotions.

In any events, you are the one who's going to decide whether it's good for you to sell or if there's any emergency that happened.

This is one of the most important questions, if not the most important one concerning hodling a coin. I realise that if we keep on hodling, one day death's going to come and you won't be able to cash it out.
So my guiding principle is to hodl as long as I don't need the money. Once I need the money, I cash it out.
The second principle, which is especially important for altcoins, is to set a particular profit target.  Once the price of the coin hits that mark, I take my profits.
So sometimes, I sell when I need money and other times, I take profits when it hits my target.

this is the right action, hold but have a target price or time...

I myself set a target price for when I will sell the btc that I hold. even though at this time the fud that is happening is still big because of the latest news from Btc miners in china, I am very confident that Bitcoin will reach my target price.

Holding your cryptocurrencies is necessary in order to wait for the best price and sell them, fixing your profit. There are people who simply by holding the cryptocurrency believe that they increase their wealth in this way. Indeed, over the years, many cryptocurrencies have shown excellent growth in their prices and those who held the crypto were able to make excellent profits. For me personally, it makes no difference how long I will hold my crypto assets, since I always take profits when I need money for my living.

I think hodl only applies to investors who don't think about it, they buy and then forget about it where they can succeed. However, most people expect that some time targets have a big advantage. if that means trading, "hold" is a suitable word when the market trend rises. It's not what it is today.

Well.. some people have a target in terms of duration, such as they will hold for 3 years or 5 years. For most of the users however, the target is defined in fiat currency, such as $100,000 per coin or $250,000 per coin. In my case, it is the latter scenario. Both methods have their own advantage and therefore I don't want to degrade any of them. But one negative with the first method is that, since Bitcoin is so volatile, there is a chance that a correction phase may be ongoing at the time you want to sell your coins. So what you will do? Will you sell your coins, or will you change your target?

hold until your goal of profit is achieved, in trading or investing we must have a clear goal of getting profit at which level, otherwise we will forever be confused asking how long to hold and it will be a cycle forever if the market is bullish or bearish, if it is achieved it's better to take profit and get out of the market first then if the market is bearish please buy it.
investment should not be confused, we just need to learn how to maximize profits and minimize losses.  :)

When is that, when someone says "hodl"?
when the coins we hold experience an increase of 10 -20% from the initial purchase of the tokens we have and we want a 100% profit from the tokens ( meaning hold in my opinion )

Is it a savings plan?
Yes, for me, hold is my planned future savings, up to a maximum ATH of one coin that I have

Well, obviously the best time to sell all of your BTC or only a small portion of your asset is when you badly needed some money in case an emergency happened in your life. It's not about how long your patience is but about how badly you need it.

HODL is not a savings plan. HODL is an emtion.
Jokes apart, we HODL to gain huge profits over the long term. We do not sell until we see high returns on our investment.
Some HODL as long as they are in need to withdraw, some HODL until their long term targets are met and some HODL because it becomes a necessity.
Right now the market is in panic and instead of selling in a loss it's best to HODL. Forget your investments and stop seeing the prices for a few weeks or months.
I am myself in a loss and there's no other option than to HODL.

Think if you need to hold, otherwise, you have to sell it. If you are investing Bitcoin at a higher than $33k, holding is really what you need this time but if not, I don't think there is a reason you'll be doing this. Because holding doesn't give you a profit, you only just to save from losing much. Every investor had already known this for sure and I won't encourage people to do this if not needed. Just like you will hold because you want more, sometimes you have messed it up.

I will hodl into my crypto coins and funds that are in crypto once the time comes that I am really in need of money whether on digital form or in cash because the real reason why I am holding is because I am wanting to earn profit so that I can be able to use such funds when I needed it the most. Since I can still manage to handle my stuffs as of the moment, then I will still not going to cash out my funds and will just keep on acquiring and holding until I can.

you can hold until the price really high. people have different thought about hold, but the point is they will save it coin when the price is too low.
simple trading is when you buy at low, and sell at high. bounty, will take in a current price, so they start holding coin until it price hit their what they want. and when the price no move, they will wait until a long long time.
and same situation for holder, the experience one will wait to get big profit.

I can recall my devastating experience last 2017 when the market hits for another Bullrun. I have some altcoins that have XXX value but to know what is in my mind? Just HOLD, HOLD...I was thinking that it rises more in the next few months and I was surprised that it dumps so bad and not coming back again. Did I get some profit? Nothing, it turns out a lesson for me, and that holding could sometimes lead to miss an opportunity.

It is somehow many misunderstood about holding and the always thinking that Holding could help them all the time which is not.

That's one way to go forward. Of course, this plan will only really work if you have strong coins in your holding basket, and by that I mean BTC or even ETH. HODLing is a strategy many will take part in especially if BTC drops below 30K. So, plan well, and HODL long term guys, the time will come...

For me it depends on your financial capability, what price you have bought orhow long are you really capable of holdong. It is easy to say to HODL on for dear life if you have bought at a good price. A few percentage drop is not substantial, but if you have bought at the peak price it will gove you a lot of pressure or stress. So buying out of FOMO will put you in a really critical condition. If you are financially capable holding even at the bear market is sustainable since you will still have capability to sustain your expenses. But if you have invested all you have, then it will pauh you to cut losses. That is why people say to invest only what you can afford to lose.

Bitcoin is an asset class, just like stocks and bonds. If your target allocation is 60% stock, 20% bonds, 20% cash (bitcoin) then you have your answer on when to sell and buy.

This is a lot of stress gotten by the people who bough at the peak but there's no losing will happen if they didn't dump their bitcoin simce they can recover it again once bull run will occur on next following years although its really stressful to hodl since we don't know how far we can see the dip.

I do agree that we should invest what we can afford to lose and always look at our financial capabilities to know how much we invest and how much capital we can use for back up since doing cutloss is painful way to recover if something bad happen in the market.

Yea do most people have an amount where they say okay if it hits this much, i will sell half or all of it?  Example someone with 5 btc.  If say it hits 500k, then they sell everything or half of it and live off passive income?

usually people say "hodl" when their assets are down, as if they have surrendered to the current trading trend, and do not want to take a moment, and usually the word "hodl" is useless for greedy people, once their target is reached they want a bigger one, it will instead turn into a loss.

When was that specifically mate because that is the question given by the OP. and besides HODL has limitation it can take years but we will surely sell at time.
yeah you must give specific amount when to sell even it this took you more long years like what i am doing now.
it depend on our discretion about how much we wanted and no one can take that from us.

I'm just a little worried about those who solely rely on their Bitcoin investment, and I don't think if they will still able to hold it or might have been selling it now. With the current situation, I can't tell if the majority are willing to hold or they are now started to think about the negative. I'd never seen a thread yet talking negative but for sure, negative speculation rises if Bitcoin will never recover.

So talking about HOLD, it definitely depends on what we think about the situation. This gonna be an individual discretion. Maybe I sell if I needed the money or for some other reason.

cashing out small profit out of your hodlings isnt going to hurt but there are some that dont like to cash out small because they think this will distract them or they think that it makes their profit smaller .
preparing incase the worst happen to you is also a good idea . you can let your family know about the coins that you hodl   .

hodl can be applied on anything but since we are here in crypto ,
 its the crypto that we are going to hodl

im not talking to all coin, like they will give you big profit after holding for a long time. but, some coin will give you big profit when you want to hold for a month, or years. and this cant apply for all coin, you need to know, do research where you place your fund.

You are right and I agree with your opinion. It's just that the meaning of the word HODL is different for everyone, because everyone has different needs and different investment plans. Sometimes life brings us surprises (pleasant or not) and then, for example, we need money, then it is good to know that we have some amount that we can take from some Bitcoin.

The ultimate HODLing would to be to accumulate until such time as you have significant enough holdings that you can borrow against for any money you might need... in that sense of HODL bitcoin becomes generational wealth that can be passed down and doesn't need to be sold any any point. But understandable this is not going to be the case with most investors.

Of course, if we look at it from a theoretical reference, everyone is free to hodling at any time because everyone has a different perspective and way of thinking. But the most important thing is that the one we own must have an advantage because now if we look at the person who is hosting it, there are two.
The first is people who are hodl because they want to invest in the long term so they are sure to be hodl until their plans are fulfilled, maybe until the desired target is achieved.
and the second is people who are hodl because they have already bought at the price above so they will be reluctant if they sell it now.
but for me hodl is depends how we want. if we have achieved what we are targeting, why do we still want hodl? just sell everything because the target you want to achieve has been achieved

I believe the holding trend this year is wise. Hold is smart, Hold has a goal, my target level 1 would be 72k - 100k$. This is a favorable framework for selling. For now, just hold. Can't panic, you've seen history in El Salvado, stay steadfast because bitcoin makes us better. There can be no imposition, no ambiguity to be a puppet forever. Hold to wins.

Hold until you can gain huge profit. For bitcoin, if you buy now at below $30k, I think you can hold until it reach $45K or above or wait for the next ATH before selling. For me as long as I can get enough profit, I will sell my coins because I don't want to be greedy and turned my earnings to losses.

everyone has a target to be achieved and surely everyone is different in their target. how long do you really want to be a handler? it actually comes back to yourself, because after we invest and continue to get profits, our only 2 choices are the first to take and finish being hodlers or still being hodl with the reason of wanting to increase profits.
but for me when it reaches the desired target why not finish and start anew. why do you still want hodl because the profit has been achieved

HODL until you've met your crypto objectives. Of course, we all have crypto ambitions, and that is why we entered the crypto world, and I'm confident that the majority of us are doing so because of the profit we may get by investing in crypto.

So, if you want to quadruple your money by investing or trading in cryptocurrency, HODL until you get there because it's not always a win-win situation. If you truly want to be successful, you will have to confront some serious and difficult issues, so choose your ways wisely and brilliantly, and simply HODL until it returns or gives you a profit.

Have a short term strategy where you buy on dips and if it rises for some time or you reach your target can sell it. The market is volatile so a good time for intraday day traders to make money as well. But yes set your limits for small traders as it can just fall more so be ready to take that downside risk.

Like the current state of the market where the decline is very hard. The strategy really has to be used as much as possible in order to still get a profit. The short term is an option to save assets to keep them intact with little profit. The most important thing is not to be trapped in the market price which continues to fall as it is today. making use of every bounce would be great. Most importantly do not use all your capital.

I think this market correction will take some time. And the market will recover after few months or a year. People who bought bitcoin at a higher price have to hold it for a little longer to gain profit while on the other hand whales have bought back the bitcoins they sold around $60k. You can say it is a saving plan and you will have to wait a bit longer to cash out your profit but the ROI will be huge.

Depends!
Each one of us does have that certain level of hodl thing in our mind neither a retirement or some would really be just intended to be saved up for their grandsons or their sons when they grow up or something that do connects out with the future.So its really hard to determine on when they would gonna sell out their coins as long they do saw the potential that it could rise in the future then for sure as long as they lived and do still have money on their pockets then they wouldnt intent to sell out those coins no matter what even though this market is way too  unpredictable which cause up for some immediate sell and due to being emotional then decisions do change.

I remember two years ago some people said: "I will hodl until the price reaches $50,000 and when the price reaches $50,000 I will sell..." I wonder if these people managed to sell when the price did it reach $50,000 or is it now that these people's goal has become to sell when the price reaches $500,000? people are greedy and of course they think the price will always go up to infinity, but that thought can be wrong, nothing guarantees that the price will reach $200,000 someday. nothing guarantees that the price will reach $500,000 one day

No one knows if those people did eventually sell off when that price target had reached out but same as you presumed that majority would really be that greedy and would changed up their minds and they will really be selling in 500k instead of 50k which it isnt a surprising behavior for a human being.

Such changes would really be common because we are naturally born greedy where we do ask or hope for more since we had seen that 50k was attainable then why wont go for higher level?

Honestly those are just missed chances and opportunities because we dont know on when it would comes next or to happen because opportunities like
that doesnt really come often.

Never. Why would I cash out?

I don't need to exit into fiat money if I have a currency that appreciates in value, can be held as long as I want without the risk of theft and can be spend in stores without me having to pay taxes.

I'll convert my coins into goods whenever I feel like it. I'm in profit more than 400% so I don't feel any pressure here.

We're all holding and trading because we're targeting for profit. But there are those people that when the market goes unfavorable, they're quick in selling.

They don't mind thinking before selling and that's why they result in panic selling and that's a very big mistake on their end. You shouldn't sell when you're at loss and you're holding bitcoin unless you just want to cut loss with a few percent.

for me personally.. before I want to reach the profit target I must get.. I will keep holding it, rather than having to lose, it's better to increase the period of holding. Just instill a sense of optimism, while bitcoin is still in its popularity , no need to hesitate in investing, is not necessary.

For me,  Basically, it all depends on when I invested and how much profits I have accumulated from that time and if there is still potential for the market to continue to rise, that is, are we in a bull market or not? If my investment was really from a lower price and the market for that coin/token has gone up quite significantly, then I know I have to take profits from my investments and if the market is in a bull trend, I might hodl on for a bit but I will always take profits. I don't see HODLing through Bulls and Bears without taking profits as a wise option.

HODL untill you reach the price that you want untill you reach your goal.
Always set up a price or goal when you are investing don't just keep on buying without the plan of taking profit.
We all invest to gain profit but we all have different goals of profit so plan your investment when to cut loss or take profit so you wouldn't have a hard time deciding.

That obviously will be going to happen when you don't have a plan. It is very important to have this thing otherwise, will go nowhere and brought us to a sad end.

Panicking makes someone turns to emotional stress, I think most of us have such experience ( I can't deny myself) but if we think and keep our mind in focus before we make a decision, maybe we can overcome the stress. Most people had suffered difficulties here because they let their emotions controlled them. That is a huge factor that could affect our decision-making and brought us to worse.

In my opinion, hold is a coin that has been purchased and is intentionally stored for the long term like people buy eth coin or BNB coin, there is also a hold which means that a coin that has been purchased then the price drops and then they conclude that they keep their coins in the long term like people who buy venus coins.

In the best case, you don't have to pay out, you can use bitcoin for everything. So not just as a store of value, which he believes will be for a longer period of time. I would hate to swap for fiat, prefer to pay with bitcoin or invest. Otherwise I will only pay out when i really need it.

HODLing your Bitcoin or any other cryptocurrency cannot be forever. You most certainly have a time when you just have to realize that your Investment is good for you to take profit from. Cryptocurrency is investment right, and if that is the case, I don't see why investors should hodl forever and not enjoy dividends or profits from what you have invested on, so every investor will definitely have their own time to take some profits from their investment.   

Everyone has a different answer, so the best answer is to ask yourself. Because we all have different targets, so it's up to us to HODL Bitcoin until when.
The most important thing is not how long we can hold Bitcoin, but how sure we are with the targets we have set. My advice as long as our target has not
been achieved then we must HODL the Bitcoins we have. Because of the success of holding Bitcoin when we can be patient holding until the target we
set is achieved.

Hodl has become a pop catchphrase for sure, and I think people just scream it out loud without having a clear plan on what that is, but those same people will probably hodl just until the next cycle and then cash out. I think that hodl in a broader sense for the long-term investor means hold out until crypto, in general, catches a positive trend and starts being widely acceptable not just by individuals but also by governments. To sum it up, hodl until things stabilize, if that happens at all.

everyone can certainly have a different character in addressing something as well as about HODL. there could be someone who really wants to live up to expectations with the achievements of the renewable ATH. But there are also those who don't have to do that, just after seeing the gains are good enough and let go.
it all comes back to what one wants to achieve from the goal to HODL.

as I said above that everyone has a very different assessment character, so it's legitimate because the most important thing is that the goal is clearly the same, seeking the desired profit.

while to achieve profit, there are those who can have different perceptions, there are those who just want a reasonable profit and can repeat again as soon as possible, but there are those who want to achieve the best price, which is to achieve renewable ATH.

all ultimately returned to each of their individual in carrying out the wishes to be achieved.

I'm HODLing will minimum $100k - although to be honest I think when we do eventually hit that level it will likely fly past it so in reality i'll be waiting to see how that pans out before I sell anything.

I am a hodler and for me the only time to cash out is probably when you really need the money the most. That's how I base my selling time, when I need it and since I am still a student, I don't have to worry too much about spending so I have a flexible way of selling my bitcoin.

We do really have different goals and target in life on which these kind of decisions will really be different to each other because same as mentioned that we do have different targets.

Hodl is something that cant really be determined because people do have different mindset which means indefinite situations on when they should sell.

Lots of factors like in need of money will be one of the reasons on why people do make sell, some do panic and some do reach out their goals and that's made out such decisions.

Depends on your aims really. You may want to have some funds for your old years, or to spend it on your kids, or buy a big house or just withdraw it in 3 years to live on fiat. You shall define your biggest and most expensive aim of your life and hold until you'll be able to afford it.

the one who can determine this is yourself because basically everyone has different targets in determining this, but what is certain is to stop being a hodler when you have made a profit. And don't be too greedy for anything.
don't imitate others until when you want to be hodlers, just be yourself with your own plans and targets too

Given significant enough holdings one can borrow against BTC for life needs, should the stack be significantly large enough there may not be a need to sell bitcoin ever.

We did experience it.

And that's why as someone who had that experience, I know that holding will make sense if you're very long-term on bitcoin. Panicking won't help you on the very red days.

Being emotional won't help too.

2 things:
1. When the target that you've set has been reached.
2. When you need the money badly.

There is nothing wrong it hodling. What's wrong with other hodlers is that there are some who are just hodling and doesn't have any exit strategy which is a wrong thing. As for me, I'm cashing out once or twice every month because I need to pay some bills here and I want to to buy some things for myself too :). Different people have different definitions of hodl. There are some who are hodling just because they want to secure their future. There are some who are just hodling for a short amount of time.

This is really a serious question that many people are asking. And each direction of the crypto industry has its own answer. for traders, this is a more complex division of assets, for investors it is the timing of "hodl" for intusiasts and anarchists, this is not a question at all. Everyone chooses the term that is convenient for him to achieve certain goals.

there are some people who hold the goal is to wait for the price of the coin to go up if the coin has gone up in price most people sell the coin, and there are also those who hold it for future assets such as people who hold bitcoin they don't sell bitcoin even though the price has gone up maybe they have a target in the future.

That should be the ideal goal because you consider bitcoin as a long-term investment that you have to wait for it to finally sell it and get enormous profit if you waited long enough and the profit margin is pretty wide. But there's nothing wrong with selling when the prices go up with a small profit margin, profit is profit and it's the same for those that sell when the prices are going down and they sell immediately to cut losses.

Until the price is sky high, and Waiting is not an easy thing to do, hold takes a lot of courage and persistence before you can benefit from it.  It is also a risky game because there will always be the possibility of having one thing you are waiting for to fail or keep going down with no hope of going up.  Hold is also one of the most effective and important strategies in crypto.  And quite a number of successful holders in waiting for the price of the coin to rise.

BTC was unpredictable, the price goes up extensively, and goes down abruptly, and sometimes, it was resting for two to three years, before it becomes aggressive.

It was your choice to HODL for long investment or sell when you reach your target price, cause, when you wait too long, possible it was too late to enjoy it.

There's a specific price when someone has to sell. Like the last ATH was not their target but they think that it's already the top so they have to sell and wait again for the time to buy.

And for those long term holders, we're going to wait as much as we can and we don't mind what's happening in the market. As long as we're holding, it's all that matter whether the market bleeds or not.

Because everyone has their own reasons for how long they hold the Bitcoin they have. So we really shouldn't be able to blame other people who
decided to sell their current Bitcoin. As you said it is possible for people selling their Bitcoins to need money in the near future. So whatever decision
we make, we ourselves must bear it. But my advice is not to sell the Bitcoins we have in a panic, it's something we will regret later.

smart ones i wish i could be one of them  ;D

but this man talking right take profit when you think its enough dont be greedy when trading.

when you hodl my advice is to pick the coin that have real use case dont pick the shitcoin unless you lucky like shiba coin listed on binance  ;D

or choose coin that have staking feature like cardano so when the value drop you can start staking it

Hold until your desired profit. In market sometimes a long time holders can think that hold until when , its depend on their profit that he has make in his mind. You don't know about exact what high price it will go. Trading or holding both are undetermined work mean when to enter or when to say goodbye but to cover this situation you have to hold your coin and forget for sometimes until coin take some journey toward success and development. You will be going to take a big profit.

they have the right to what they have and do it and nothing can stop it, but I just underline your statement which I think is very relevant at this time, don't sell bitcoin in a panic situation, because anything done in panic will have repercussions be something that is not in accordance with the wishes.

indeed sometimes bad news about bitcoin, always haunts people to do something that is not analyzed first but puts the panic in place. which does not make us unable to learn to think carefully before doing that.

Bad news received and not well thought out actions have had a profound effect on bitcoin's deep correction, but this dreaded behavior will continue and will not change. because bad news is sometimes created to benefit the news maker, and not good for crypto developments in general.

Being wise start from picking or sorting out those available coins inside the market, you should  know how to classify good and solid assets which will soon leads you earn decent amount of money.

Work on with your good research and make sure to extend your time and effort, tough job but very profitable if you do it the right way,

all of us wants to learn the right system and have a winning trading strategy.

You have to have some goals and not just have a desired profit because it's practically impossible to know when you will get to get that desired amount also worth mentioning that if you can make money along the way, always try to grab the opportunity.

Wrong , you can put a desired profit but you must allocate enough time , i mean there is no specific time when this will happen.
I had been there before so i know when to say i want this or i want that.
\
Same as your investment must not be a funds that you expect to take in certain time instead the funds must be the willing to risk for long time.

I will hold back if my target has been reached, and will no longer be for the new target, I will take all of them, because if I trade with greed it will turn things around, it will be a bad thing. as initially profit becomes a loss.

Unfortunately many people can't control themselves to face the current situation. Which it must be admitted makes some investors stressed,
because the market has not yet recovered. Only people with mentally strong could hold coins in the current situation. Most people panic and
sell the Bitcoin they have, which is not the initial goal that many people want. And don't make bad news an excuse for us to panic and sell
our Bitcoins, should be with a lot of bad news circulating we can be more patient with it. No matter how much bad news circulates, it won't last long,
because the good news will come in the end. A patient person who usually succeeds enjoys positive results.

exactly Hodl is planned to get bigger profits when prices are rising sharply. if we sell it now it will be used by those who make purchases at low prices, therefore Hodl is advised that we do not throw away the coins we have at low prices, it does not mean planning savings for retirement

We have to work hard to do this because sorting out a good and solid coin is not easy even if we choose the top coin, what we are looking for is a quick profit by doing what we can even faster profit with full hope

I know this research is quite long and requires a strong strategy for us to show, to be honest I am not easy to do this and even continue to learn about technical analysis so that I can be more fluent in reading all directions of indicators and I think if the determinant for HODL does not need a strategy etc. the important thing is that you are ready for a long time with the word HODL.

To hold isn't a common rule everyone should follow exactly the same way. Each person has different goals and necessities in life and have to adequate their holding strategies to their own lifestyle in order to fulfill these needs. For how long to hold is a very personal decision that is only up to each individual. I can only say the profitability of bitcoin is much more promising the longer you hold, but you are the one who decides when to sell and shouldn't always take in consideration what others are doing before selling or buying your coins, because again, everyone has different goals and necessities.

Develop your intuition, set financial goals in your life, learn how to manage your money and you will find the answer for this question in yourself.

I think the correct answer would be that you have no other reason. It is subject to everyone's opinion about Bitcoin and future prospects. Unfortunately, many people cannot control themselves to face the current situation. Holds are kept by those who have lazy money. Or to put it bluntly, those who have no economic weakness. They can only hold.

What do holders actually do? If the investment period is long, it is called hold. Bitcoin is fluctuating a lot these days and because of this fluctuation, only mentally strong people can hold their currency in the current situation. Because most people sell in panic. But my opinion is that you should never cash all your bitcoins. Leave some bitcoin for your future generations.

Why cash out?  When bitcoin hits another 1.5 to 2 orders of magnitude in fiat terms, it will be more stable and you can just transact easily in bitcoin.

If you think you can time when to get in and when to get out, just ask the people wiped out by margin calls how that worked.  Or who sold in March 2020.

I got to wonder... what about those ppl who own a ton of btc... like imagine 100 btc or more etc.  I mean that is more than enough to retire right now if they were to sell everything.  Then you have those whales who probably have 500 btc or more.  I mean... even if you sell half of that, that is already rich etc.



I also don't understand the thing with rich people... if they have like a huge net worth already... think like 10 million dollars or more... isn't that enough to just not care anymore?  Like why be concerned with price or that when they are already super rich?

At least if you say hold, it is certainly part of the investment, which uses cold money, which does not interfere with the necessities of life. and this is done there is no definite time, until we get the results. On the other hand, psychology must be strong in facing risks in the future

that's a great question until how long we should HOLD. well the answer would be different for everyone. My strategy is that whatever the coin we have invested we should put the sell order so whenever the price will reach at that level our order will automatically be executed.

It is something that a Bitcoin believer would only understand.
Those who wants to make rich overnight would never understand the essence of hodling.
If you understand how the market works, you'll probably have a specific target/figure in your mind on when will be the perfect time to cash out.
As you witness, Bitcoin has been rapidly increasing more each and every year passed. Do you think Bitcoin would stop at this current market situation when every institutions, retail investors are starting to get interested in crypto?
If you know the answer, then you'll probably come up to a figure in mind.

I think putting a desired profit sometimes end up with you getting or doing something unexpected. Also, what you are saying is only applicable to the one that had been heres before as you've said, what about the newbie, their desired profit sometimes cause them to panic especially when the prices go down.

hold the coin until you feel you have benefited from it, or when the price is high. I've done it until recently, but I also sometimes don't sell the coins I own when the price is high. well, that's probably hoping for a higher price. however, hold on until you reach your goal.

I think it really depends on someone's timetable and plans in life. Personally, I plan to hodl until the time I need funds. If ever bitcoin's value will sky rocket, I will withdraw some of my holdings and build a business that will generate additional income. If it goes well, my extra money from the profit will be returned back in bitcoin to give back the funds I have withdrawn.

Long-term investment is what makes me hodl in cryptocurrency. I like crypto as a form of investment vehicle compared to its 'competitors' because it is a lot safer medium when it comes to deflation. Although I always recommend diversifying of funds because i believe it's always the wisest thing to do - not putting all your eggs in one basket. However, to each his own. We have different priorities in life after all.

Hodl basically means setting up a certain target according to me.
You got calls from some source that this particular coin will increase very soon upto a certain limit.
So you buy that coin and set a target upto that mark. This is basically a pure example of Hodling.
If you have the guts then only invest and hold for long term.
Once the target is being reached, cash out and get the quick cash.
As easy as that.

That's the simple meaning of HODL, it's mostly based on the target price, not the target date.

If you are holding a good coin with good potential, then you should not worry about holding it even in long term, just like bitcoin and some altcoins that have grown 100 times, if you were able to hold until you see that increase, you are definitely in a big profit already.

Target price it is. If you have set a target date, you'll never know how much it is going to be and if the price seems to be low and you've set the date to sell, you probably won't continue to sell on that date. Hodl until you meet the price not the date and there are other people who are saying that it's better to hold and you don't have to sell it. But the main essence of holding is we're trying to reach the highest price as much as possible.

most people I see talking about hold have no target selling price. Is as if they were doing hodl until they died without spending any satoshi, I don't understand this way of thinking because in principle bitcoin is equal to money so it's something to be used and not to be kept forever, it's true that the value of bitcoin increases when there's a lot of demand, but that doesn't mean people should hodl forever. in my case I use bitcoin whenever I need

right, the absence of a selling target means that they seem to have no direction, I agree with what you do to sell them when needed. but it will be luckier if we sell it when we are at the peak, so the money we get will be more, and when bitcoin goes down like this we start to buy it, because in my country I can't buy anything with bitcoin, so it must be made into fiat first

Well; everyone has their own story! Personally, I know the real value of BTC, that’s why I have no plan to sell my holding BTC so cheaply.
But you know; now we are in corona pandemic situation. So, everything is unstable now!
Such as, I sold my (full bag) 0.67BTC in the Q1 of 2020 and I have no regret! Because, I needed that amount badly, afterward I buy back in Q4 of 2020.

Have you heard of generalization? I mean, hodling almost applies to any cryptocurrencies and not just bitcoin. I do understand the question, and I am not responsible if you don't understand that I was generalizing.

Every investor should have a profit target and also have the dicipline to take profit once the target has been met. Most times greed comes in even after having your expected target most investors still refuse taking profit and end-up whaling in the dip. Take profit and re-invest but don't forget to spend some on your self so you can actually feel the taste if your patience

Well put. Holding is different for everyone as each of us have different numbers in their mind. Those who successfully HODL will be the ones that will benefit from market bulls in months or years to come. It is imperative to know the market really well in order for you not to get shaken by small volatility.

When you are holding, you need to put all strategies in order to know the best time to sell, not just holding consecutively, blindly without knowing what is happening in the market. As an investor, news is very important which is one of the factors that influence the price of a coin.

You can keep holding a coin seeing it falling but still not bordered because you know your plans, knowing when to take your profits from the market without being dumped. Many newbie investors always ask this question of when to sell their coins, maybe because they've not really gained the insight of how price react with time. My advice is, once you've make some gains in a coin, sell if price keep dropping cause the market will always do what it wants.

Of course, you will just hold until the price went goes up and study the market movement so that you will be able to know if the investment that you've made was good or not. Doing your own research on the movement of the market will really give you a huge help because at that time you will know when it will dump. A real investor knows when to sell and when to hold their assets and another thing is that always remember that don't be greedy because there are a lot of persons who are getting greedy over and over and ending up losing their whole assets.

Hodl will depend until you decide. Everyone has a purpose with their bitcoin for my part I have proposed to use it to pay for the University of my underage nephew and niece.
I also do it as an experiment taking into account that I live in a country with hyperinflation and economic conditions that can influence the process of hodl my bitcoin.
I am not anxious to press the button, I am only interested in knowing how this new stage of bitcoin develops.

In fact, it is difficult to say for sure that the market price will go down again after reaching any height. So how long to hold is entirely up to the investor.  Every investor has a certain profit expectation and knowledge and skills exist in market analysis. So everyone can hold on to the expected profit and give up when the desired profit is achieved. On the other hand, by using the skills acquired through market analysis, it can be released by observing the market situation, retaining resources, and maximizing profits.

Exactly, you will know it when the time to stop hodling and start selling, you have a pretty good place to live knowing that you can survive since you are hedged against inflation.

I'll hodl until it's a life changing amount or until it goes to 0. Nothing between.

I guess it can be said that patience is truly a virtue in cryptocurrency. While it is true that there are risks in holding, primarily the devaluing of coins, there are also benefits and rewards waiting for those who do. I personally hold until the day came that I think it is time. I take all the time that I need in researching and deciding when to actually do it, to maximize the profit that I may gain. But it is important to also consider that there is volatility and so lost chance to sell for a good price is melancholy.

Many they are not yet decided at which price they're going to acquire some profits. It's important to take note of when you're going to sell because if your sole plan is to hold forever, there's nothing that lasts forever and you need to take profit so that you can enjoy your money and the patience, effort, and money that you've invested as you hold. There are a lot of emotions that have been made upon one's investment in cryptocurrency and all of those must be switched into joy through taking our profits someday.

^ Probably those people that can hold longer time are those people who have abundant resources when it comes to financial, because the reason to pull out your investment is when the most you needed and there is nothing left with you, so even you know that the market had crushed too much. You still sell your BTC to fiat just because you need financial support. I hold some BTC, but sometimes when I need badly a money I can't control myself selling a small portion that I holding in my portfolio. Nevertheless, if you can able to hold for how many years and set as a retirement plan, much better.

If you've got some target profit out of the investment, then hold until it is reached. Apart from this, to make an earning out of cryptocurrency investment one should have patience. Because the market can reach high in no time as well as can get dump unexpected.

Myself have the plan of investing on one particular altcoin which I sold during the bearish market. This grew high by now, and looking at this I've decided to buy and hold that specific coin until it reaches its ath once again.

My plan is to hold it for at least 5 or 10 years until I really need money. Also if I see a new big bull run and Bitcoin more than 100 000$ I will start selling, but of course not the whole amount. But now I stick to the strategy of buying small amounts every month, so my average price now is 34 000$ for BTC. You are right that it is pointless not to sell and fix profit at all, as Bitcoin even don’t give you dividends.

Savings, retirement, vacation, plan.

Anything that someone wants to treat his holding with those and knowing when to sell, it will go down to your satisfaction and belief on bitcoin.

I've read some said up to $1m they will hold. If you've got a lot and can endure the hear with every correction, aim at least 10%-25% higher of the current price and then so on so forth.

If I am on retirement money of course I will buy bitcoin and HOLD it for a long time and after that forget the wallet that kept it and reopen after a long time, I want to prove that bitcoin brings higher ROI over a long time.

There are so many ways to hold it, whether it's futures or targeted but if I have money saved I won't forget the opportunity, for me the starting point is the most daring thing.

Try using cold money for HODL.

One thing that you must take into consideration on the various investment advices you read from comments here is that, they aren't final. It might offer a way out on financial freedom or how to make the most of your crypto investment but, how you should to enjoy these benefits is up to you.

Hodling has never change and won't. In fact, your never going to hear a time when, it would be advocated that people should sell and take profit no matter how ripe the market might seem. That's because, which ever benefit you enjoy at any point in time, it isn't ultimate but that doesn't mean, it isn't enough for you. You have to find that point when it agrees with you via ROI wise then, you've got your green.

The way I look at it is another investment for the long term. I have no plans to sell any crypto unless I need the money in an emergency to fund something or to reinvest into crypto in another way such as diversify into another coin, adding another few ASICs or GPUs to mine. Other than that I plan to hold at least another 3-5 years before evaluating what I want to do with the core holdings.

HODLing is not for everyone. This is why when markets are green only a minority of people benefit from their long-term (ie. >5 years) of holding.

The strategy works for people who are not dependent on that money for their living expenses and hence can live life without it. Unfortunately, not many people have that possibility and thus end up selling when they reach their risk level or profit margin their happy with, but that doesn't mean that they're not doing the wright thing - they just do what is right for them.

So, HODLing is great but so is day trading and it is your personal circumstance that determines which one of these two sides you fall into.

maybe I can agree with what you mean, because you are right in saying that whatever someone will do, be it HOLD or Day Trading, will certainly be as good if it is done at the right time with good analysis.

Doing a hold can certainly take a long time and is usually in accordance with the halving situation which will always occur for every 4 years where it is certain that the price will increase from the moment you bought it to be held. will always happen and again it takes a long time to get the best results.

even if you are going to do day trading it will also be as good as Hold if it is done well planned, indeed the risk will be greater for day trading compared to Hold and almost certainly Hold without any risk other than of course time.

Bitcoin has given me a lot in my life, when i was mining with 3 units of S7 from 2015 to 2018 i was able to buy things that i used to think impossible, even though i can no longer earn like 3 years ago but i am very grateful with bitcoin. maybe I will buy and hold until the target price I want can be achieved.

people's opinion about hold is different. I myself apply hold and sell when the price increases. there is no time limit. but when the price goes up whenever i can sell it. so the conclusion of hold in my opinion is until we get a profit.

Hold is an investment strategy until you find a good return and are ready to sell for a profit based on your criteria.  But should accept at a certain level of profit, and should not be greedy.  Holding is a form of discipline to follow in this market.  Hold at the right time and sell at the right time is a standard of profitability.  And not everyone can achieve it
Calculating distance and profit on Hold is essential.  Holding too long also has side effects.  Lol

How long should you be holding your bitcoin? There is no simple answer to that question because it depends on who you ask. Due to the fact that people have different goals, beliefs, values, preferences, etc. their attitude towards holdind may vary significantly, and, what is more important, it can change over time. I heard many times from bitcoin maximalists that they are going to hodl until the end of time. It seems to me they slightly being hypocritical because what is the point of money if you're never going to spend it? The truth is today, they have another source of income, the government money they can live off. Bad money which they can spend instead of good bitcoin. But what happens when there is no longer fiat money, and the only money you can buy things with is bitcoin? Will you still be holding not spending? They are going to starve to death by refusing to spend money.

A few years or more. It's money that I'm willing to lose anyway. I’m personally holding until bitcoin hit 100k and then reinvesting into ethereum or any other crypto with low marketcap. Bitcoin seems to be losing its grip and will eventually become inferior me thinks.

All trends of course there are ups and downs, if bitcoin now is very popular then we have to be realistic, if we already get a big profit for example 50% then selling is a better thing, if we want big profits again then buy altcoins that have the potential to skyrocket in the short term is an easier thing to do.

The first thing when entering the market and buying BTC is that we have to be patient and hold for the long term, and what you are wondering is how long to hold? Each has its own buy price and sell target for a certain amount. individual profit, so everyone's thinking is very different, difficult to answer, but if investors are smart and know the future value of BTC and know about BTC, they will certainly keep it for a long time. , not easy to sell with a small bargain

   Hodling until the reach the Goal as we wanted ,doing things is adventurous you can save or hold for a long time  that you've invest.

Goals often change, I think when we get the ideal profit for example 15% a month then selling is a good thing, there is always the opportunity to buy again so when we get a profit then we have eliminated the fear of losing, this is usually the trick I do so I will sell when i already get 15% profit.

It was my plan too when I started to hold BTC 2017 but when the dump in 2018 happens and Im in need of money by that time I learn to just trade it and reinvest whenever possible. It's good if we were able to hold BTC longer without panicking whenever the price drops. We will see BTC reach more high as adoption and institutions adopts it. Salute to those who are able to hold longer and following their ppan all throughout.

It all depends, first of all, on your investment goal, because you can save up for a pension, home, children's education, that is, the investment goal should be specific. Secondly, your financial situation and investment goal can change over time. It would be wise to sell some of the cryptocurrencies to pay off any debts.

I think there should be a price set when you want to sell your bitcoins. For example, it could be the price of $ 1,000,000. This is just an example, everyone can determine this price for themselves, for someone it will be $ 100,000, and someone may have already sold and no longer hold their bitcoins. Bitcoins themselves cannot be a goal, a person must have a goal that he wants to achieve and bitcoins should help him to do this. And keeping bitcoins forever doesn't make any sense.

hold in my opinion is not selling cryptocurrency that I have when the price dump or have not reached the target that I want, then of course I will hold until my target is reached, so before my target is reached then I will definitely hold it and will never sell it before the price reach the target that I want, then of course i will never be greedy and change my target, because it can make me lose my money and will make me never sell my cryptocurrency even if the price has reached my target.

Patience and waiting sometimes benefit more than selling and rushing, so you have to develop a good plan to manage your capital tightly so that you trade part of it and sell at the height that satisfies you and keep another part for investment in the long term, and thus you are profiting now and in the future as well.

Patience with the right plan, that will benefit you because you know when exactly you will sell. You cannot be certain as to what time you'll sell but you'll know you'll sell when you reach your target profit, that's called being smart and able to control your greediness because if not, you might end up panicking and will only waste your time and effort for waiting.

HODLing doesn't mean that you will continue to hold your investments forever. Of course, you will sell all of them or some of them at some point. Here, the most important thing is that people should never manage their investments blindly. They should always have a roadmap. For example, you can just set a price goal to sell an amount when the price reaches there. This prevents the investors from being greedy also. This is the main logic of HODLing to me.

For holding, I think each person can have a different target. But surely, no one plans to hold forever. If you ask me, simply I will say to hold until Bitcoin price can reach $65k+. I don't target till Bitcoin price about $100k, for me to sell my Bitcoin at $65k-$70k is enough. After selling all my Bitcoin, then I will focus on selling my altcoins, will plan to convert all to USDT. So, before the end of this year, I am only holding USDT.

Having investment and making some plans on when to sell is something not that easy because we've seen on how this market moves and the possibly opportunities that you could experience
and this is why lots had decided on holding up for long term or no matter what happens to the market and there are people who are really diamond hands to do that but if we do go into
the realistic side of things then it would be more worth of if we do able to see profits on short term duration and make some re-rolling until you do make your investment way more
bigger compared as before.

Well that depends upon on the holder on which profit they are preferred, if the holder is contented with the small amount that is being held and sold of the desired target, that is fine because at least he makes a profit after holding for a long time or even in a short time. I like your idea, you are aiming at a small profit that potentially will happen in a short period of time of bitcoin because, for me, bitcoin will not grow too much, it will always have resistance after dropping the price and after dumping, it follows with pumping.

Nice feat, but I guess you forgot to add your HODLing has nothing to do with your regular income. So if you're into HODLing as a means for raising income, your approach will definitely shift. All said, it's your sweat and sweet, do with it as it seems best for you, because it's meant to be used someday. As for me, I sell when I see a need.

Sorry but I think some "HODLRs] are being brainwashed. If you bought from the bottom then you have a good chance of making a profit, then once it reaches the top.. SELL it. You dont have to HODL it, why HOLD? All you have to do is wait for the price to crash and wait until it reaches another all time low. Then you bought it again from the money you earned from selling it at the top.
What will happened is you will have MORE , may be 2 to 4x of previous amount you are holding before.

you first need what is your holding target? Hold until you feel it's as profitable as you want it to be. Whether you are a trader or a holder we are here, the goal is to make us profitable. It is important that we know how to wait patiently and control our emotions.

Following you with that statement, indeed the person who choose to hold always may decide when he plans to sell his assets, if you are okay with gaining small percentage then it will not take that long for you to hold, as the market will triggered your set targets in a much quicker span of time.

Though it's also depends on when you made your entry, if you bought at the very peak and the timing of the correction take place, consider waiting for longer time before you achieved that small growth from your investment.

It's always best to set your target and patiently wait till the value hit it up, then enjoy all your profits.

When price was low as in below $10000 it was easy to target x5, x2 ,x10 as this was possible with the high volatility of these assets....now price is high and entering the market today would mean targeting a cash out at $100,000 which is far fetched if it's a personal investment but if this is treated as an investment for your kids holding for several years should be possible and x2, x5 should be within reach



Savings plan is a better wording for it.

For me, HODLing is not a thing that lasts forever. When I buy Bitcoin, I set a price goal to sell immediately. Maybe I sell all of my profit or I leave some of it in my investment. I think that setting a price goal is a very important action. Because when people don't do this, they become really greedy. They don't want to sell their profit even if they make a great deal of profit. And this can harm the investments of this kind of people. They can lose a lot of money in a short time. You can just set a price goal and get yourself accustomed to sell when the level is reached. I bet that you will start managing your investments much effectively.

You can take your profit at any time. So there is no time limit for you to hold. It all depends on what your initial plan is like. If it feels profitable and in accordance with your target, you can just let go of the hold. Because in bitcoin trading we are given the freedom to do so.

Here is the problem. Don't always think about the profit. Don't keep on holding just just because you aren't making profit. Sometimes it is better to let go off your investment and suffer some loss. Better than losing everything including your mental peace. This holds true mainly for some random coins that you have invested in during a pump. Once those coins starts to drop, there is a high chance it will never recover, but drop down even further. Better to sell than keep on holding!

It is true that everyone has their own target, if they have already achieved the desired target, there is no need to hold on anymore. And my advice is
not to be too greedy in pursuing profit, if indeed we think the price of Bitcoin has reached a high enough price, we can take profit. And can buy
Bitcoin again when the price is corrected, so don't be obsessed with big profits when investing in Bitcoin. I also if there is an urgent need, I without
thinking will sell the Bitcoin that I have, even though I have held it for quite a long time. We ourselves have to decide when to sell our Bitcoins,
because everyone's strategies and conditions are different.

Exactly. Holding doesn't mean forever.
Everybody should have a certain target that they want to reach, based on the period of the time (years) or even based on the price that they expect.
Sometimes, taking profits for some of the assets after holding for a long time is also need moreover in order to take profits and get the sweet results of the long HODL.
But of course, it will depend on the coins themselves. If that is Bitcoin, we can take a certain amount only and let the least to still HODL. But for altcoins, moreover new, I don't think to hold because we don't know it can really survive or not  ;D

We do have different minds and we do have different goals and targets inside our heads and there would be some several factors that might affect your decision thats why it isnt an assurance
that you would really make profits when you do hold and depending on what coins you've been holding and come to think that not all the projects do succeed this is why its been ideal
to stick with the best or top ranking coins which you do saw which does have chance or potential in future years to come specially if you do intendedly hold for
longer years to come.

Everyone has different ideas and different plans, but I like to plan my own future, so I invest in Bitcoin for the long-term, because I think Bitcoin is worth it. Long-term holding can help me make amazing profits.

I think it is also necessary to distinguish the timing. It can be sold at a good time. There is no need to last for a long time. There is no prescribed timeline. It is entirely up to you.

Experienced traders able to practice that way, setting their targets and wait till it reached before letting it go.
But in most cases, newcomers and some other intermediate traders changes directions when fear comes out from the market.

Very important to have a good practice and more good knowledge about the assets that you are investing with.

In that way, you'll be able to gain compensation and lessen the chance of losing your initial capital.

hodl until your goal is achieved or hodl before bear market comes up otherwise soon or later u get rekt and also there is early leave problem too so hodl is not so easy :D

This is achievable because if we are talking about bitcoin it is always safe for Holding even if this take you long time.

but this lower part?

How would you know that the market will be bearish when no one can really tell unless it happens?

i doubt that we can particularly understand when the dump comes or when to perfectly sells .

when we hold is when the price of the coins we have just rises in a small percentage amount,
and release if it reaches the target we set,
if it's released don't ever regret what you've released because usually when the coins we release always keep going up and we regret releasing the coin, it means we are not true holders

Only people who have a lot of money can hold it for the long term, for me bitcoin and crypto are short-term investments (less than 3 months), when I get the profit I want then I immediately sell it, moreover I'm still in college so there are many sudden needs.

Any new analysis on when BTC will reach a $100k? Maybe hold until then is good or you suggest us to hold even beyond that?

Necessity means no law, I don’t wait for the price of bitcoin to rise when I need it. With Bitcoin I perform all the activities of my world and all my activities . As a result, I can't always wait for Bitcoin to grow.

Bitcoin will not reach one million dollars with one jump, it took a long time for Bitcoin to reach this position, Just as Bitcoin had to wait a long time to get to where it is today, Bitcoin has a long way to go before it can cross millions of dollars.

Why don't we depend on other people's opinions, because we certainly have different goals and targets. If we want to invest according to our
own analysis and research, it will make us more confident when making decisions. From the selection of coins, to the target that we will achieve,
we should decide for ourselves. So don't be lazy to learn everything about crypto, so we can find out which coins we should buy and hold.
Most people will usually choose to invest in top ranking coins, because it is safer for long-term investment.

Anyone who seriously uses the words "invest", "analysis" and "research" in one sentence to describe what they do or should be doing, probably doesn't do enough of any to really know what they mean.

Selection of coins? There's no coin to select from if you've done enough analysis and research. There's just that one Bitcoin. And all the noise saying otherwise that keeps getting louder is evidence it's the only one worthy of your investment.

Everything else? Just for fun, baby.

A simple yet difficult question to answer as it varies from person to person.

Personally, the time to cash out is when you purchase a certain of volume of BTC at a given price, and sell it on a higher price on which you acquired them. In other words, "purchase low, sell high". Though this may be considered as the golden rule of investing, it also varies from person to person depending on their goals. Most people sell their BTCs at a price that they do not agree but it is essential that they do it.

I am HODLing maybe for a couple of years or maybe when the next fork happens. By basing it on the price history alone, the trend is that every 4-5 years, the price of BTCs skyrocket- so that may be the green signal again for me.

I can hold it until I want to hold it...When i already chwnge my mind and will stop trading that is the time that I wilk sell my BTC but at the best price that I will be earning  a lot.

We Have our own necessities in life that we sometimes couldn't follow our time frame for our investment. I mean, if there's an emergency and you don't have any other choice than to sold your bitcoin asset then I think there's nothing wrong with it. We have our own kind of time frame for our investment some may take it as a short, medium or long term investment but hodling bitcoin even in sort term, medium or long term is worth it.

If you let problems and needs only obsess over making big profits, it is greed and our goal here is to be able to keep funds in reserve and when in need there is no harm in using them.

You can sell it as per your requirement and keep the rest back and that way you can solve your problem in peace and you also keep investing, I personally invest long term and but if I need it I will sell it as per my requirement and when the price drops I will buy it according to their ability and hold it, so that the trades I make when I need them my holdings will come back and even more.

It does not depend at all on the amount of money the investor has, but on his investment horizon and investment goals. I have been holding bitcoin since 2017 until now, since for me this is not the only investment and my investment horizon for bitcoin is about 10-15 years or the achievement of an investment goal.