Bitcoin Forum

For those people who are long term holders of btc or any crypto, do you have a plan of when you would sell it?  I am talking about the coins you are holding long term and not trading or selling short term etc.  Such that if you have a set amount of btc or crypto where you are holding long term.



Imagine someone with 5 btc which is a lot of money.  That is a lot of money even in first world countries but that isn't even enough to buy a house in many cities in a first world country.  But do people here have plans like okay the moment my btc or crypto is worth x amount of money, then I will cash out some part of it or everything?  



Now if someone has say 1 btc, they surely need btc to be at least mid 6 figures to even think about cashing it out if they want to think about retiring in a first world country?  I know everyone wants more money but if you have a few million dollars, that is more than enough for anyone even in a first world country to retire.  Having a million dollars in the US however doesn't make you rich anymore though from what I read.  But with people talking about price targets, it depends on how many btc you own for btc.  So even if btc went to 500k, well if you only have 0.1 btc, well you are not rich.  But someone with 5 btc is going to be rich.



The other thing is if someone has that much money, wouldn't it make sense for them to sell all their btc and basically invest in stablecoin and just earn passive income from it?  Imagine someone with 5 btc and btc goes to 500k.  That is 2.5 million dollars.  After tax, let say they still have at least 1.5 million.  But assuming they were holding long term, this number probably would be a bit higher?  But let say use 1.5 million dollars after taxes.  If that person takes 1 million dollars and then go buy a stablecoin like usdt and stake it on nexo or blockfi or gemini and earn at least 8%... they would earn 80k-100k a year in passive income in that stablecoin which they could then immediately turn it to fiat and cash to their bank account.  That is more than enough to live on assuming you do not have crazy expenses.  



Now obviously someone could also do staking of stablecoins if they earn a lot of money from stocks or real estate or whatever it maybe.  But wouldn't that be the smart thing to do if someone has that much money?  Putting money in a regular bank account make zero sense since you don't even earn 1 percent from it... more like 0.01 percent.  Also from what I read, with real estate, sure you earn money buying a house and renting it out but you gotta handle repairs and so many other things.  So it seems like putting money into stablecoins is the way to go assuming one has a good amount of money no matter where they earned it from?

Never. I have some coins that I got for $500 in 2014 and I'm never going to sell, especially not in a situation when it goes to a million dollars. I'd rather use it as a collateral, use it to show my credibility, for proof of ownership. I'd be able to borrow fiat money and invest it knowing that if anything goes wrong I'll be able to cover losses with my BTC. Having a few million USD as backup can work wonders when you know what you're doing.


It's not a lot of money. Maybe if you're a child who dreams of having a car or going abroad to study... For normal investors who own businesses and real estate 200k USD is nothing. Just another piece of land in a portfolio or a speedboat to have some fun in Summer.

Invest in a stable coin when you have bitcoin, the most popular cryptocurrency that everything else in this space relies on? Buy a centralized coin that you have to keep on a centralized platform to make a few bucks when you're holding a deflationary coin that explodes with each halving? I hope you rethink it for your own good.


 

As a self-proclaimed "long-term holder", I don't plan to cash out in the accepted sense of the term. My vision is greater than that.

I demand to buy whatever I want, whenever I want in electronic cash. Whenever I use Bitcoin, I admire us; we've proved, once more, that we're more capable of making decisions for ourselves. We can work outside this broken system. We can redefine money and settle transactions without unquestionable authorities.

I don't like the idea of holding bitcoins for a decade, just to return back with more fiat. They say don't put money above principles, 'cause you're gonna lose both, and that's my life motto from now on.

I've come to stay.  :)

One of the things I regret the most was not holding the Bitcoin I had acquired a few years ago, I didn't really need those funds but had cashed out a large chunk of them. Luckily, some of which was saved till now and was invested in DeFi projects and managed to earn a decent sum of money.

After this experience, I'm trying to save as much Bitcoin as possible. I'm not sure when I'll withdraw again, certainly not before surpassing the last all-time high. Currently, I'm not need of funds, thus, I'll keep on holding.

I feel you and this experience also costed me an opportunity of not taking advantage of BTC's volatility and inflation.

Back in 2017, I was privileged enough to participate into various campaign signatures where I earned a handful amounts of BTC during my stay. Since the price of BTC was relatively low (around $5,000-$6,000), the denomination and pay of each campaign signatures where high. Due to financial difficulties, I had to cash out my BTCs weekly in order to provide for my education and materials since I was a college student at that time.

Fast forward to today's year, if I did not cash out my BTCs from all the campaign signatures I have participated, I would have saved at least $30,000+ which could have granted me an opportunity to purchase a car for my dad. That is why, this expensive lesson taught me something- to at least cash out my BTCs if I direly need them. I could have worked my ass-off by doing part-time jobs but I chose the easy way out.

Everybody is in a different situation. Anybody who bought pre 2017 should probably have taken some pressure off their lives by buying a house or something. Never sell all your bitcoin, hell don’t sell over 50% but it’s a good idea to sell some to make significant positive changes to make your life better.

2 types of long-term holders that I found, First, long-term holders who have funding other than Bitcoin, then they tend not to target when they have to release it. This is the reason we are most focused on holders who still have great value in the number of Bitcoins held. But unfortunately this did not happen to us.

Second, a long-term holder who still occasionally relies on funds from what he holds, when it rises above 30% to 50% he will cash it out to cover some of the necessities of life. Usually this kind of position tends to be more susceptible to being tempted by the current market conditions where negative issues make it experience shocks to immediately release.


Personally, I'm really not in the middle of the two, 2017 was the biggest Bitcoin letting go of my life I've ever experienced. Regret may not equal 2 Pizza boxes paid for with 10,000 Bitcoin.  :(

I love the fact that the altcoin I held in my portfolio is having the potential to do wonders this season. Am positive that it's going to give me thousands of dollars in profits in no short time. Am not in a hurry to withdraw, am just being calm trusting their price movement. Probably by next year, I will consider trading them. Bitcoin will then be the last thing to trade when it has reached her ATH of $100k as predicted by many

No matter how much bitcoin you own you can't still attain that complete satisfaction the hunger to own more will also be that. personally i love to get more coins so if i am lucky enough to own up to 5btc i will always gamble at least 1 btc often, sell and re-buy at interval while i reserve 4 for a strict hold.

Altcoin still remain shit coin in my dictionary and so withdrawing once a profit margin is hit i don't see reasons holding further except for a few coin

Well, for long term investment that you will need to maximize your profit. So that means your target would be like, when Btc price hits the 6 digit figure.
However, i think one of the most coolest long term purpose for holding Btc is for your early retirement plan. As we all can see, Bitcoin has been increasing each and every year passed. So, by the time you decide to quit your job and settle down to enjoy what you have for the remaining years of your life, Bitcoin might be give your more than enough.

I almost try to keep investments for a 6 moths period at least, do you consider that not enough?

Well I have an asset for long-term purposes and I stored it in my hardware wallet.
Even in the time that I badly need money, I will never cash them out, I prefer to barrow with someone than cashing them out for that reason.
Staking is not a wise decision for a long-term holding, remember that it is hard to find a platform where you can entrust your fund for a long-term purpose, you should always have control of your key always. Focus on bitcoin, not on the shitcoin, they are not worth it.

Well as much as I do, but I do want to sell it when I am really in bad shape , like there is an emergency that it really needs large amounts of money.


Why would I sell a stable and dominant coin for other shits out there? Are you insane, you are already on hard grounds(BTC) and then you want to gamble it on a vague project and no assurance to succeed? There have been so many coins that what to get that top position but they all have failed.

Long term holders will have plans for 4 years of holding at least. 4 years mean a period between two halvings. So the holding time can be longer or shorter than 4 years depends on when you make your entry. Is your entry time before or after one halving? If it is before one halving and you missed an ATH of that halving cycle, you will have to wait till the next halving, next all time high. So your holding time would be longer than 4 years.

A true long term holders should have plans for 8 years in my opinion, that is about 2 halvings, two block reward halvings. That results in good profit but requires a lot of patience and confidence.

Everyone has plans to cash out but it might change if BTC can be directly used to buy some products. There may not be the need to cash out when that happens but for a long-term holder who had profited a lot of money, you probably will not fear trading anymore. Or stake coins that already have a big importance in crypto.

My plan is just to keep trading, hold stablecoin when there is a bear market and then buy when the market gets better for long term still.

Im not certain if I can consider myself as a long term hodler since im not like others who can ignore their crypto even for long time because they can sustain themselves financially and not struggling.

In my case, I have set target price for my Bitcoin and altcoins on when im going to sell it. But I still take profit at times if my coins had a huge increase, this is to enjoy some of my earnings. Im holding some of my alts for few years now, but when it comes to my Bitcoin, there are times I get tempted to sell it especially if im really in need of money.

For Bitcoin holders, holding Bitcoin is a must and they probably won't sell all the BTC they have. In my opinion, there are times when these holders will cash out on a large scale by selling BTC for half of what they had when the BTC price hit a certain price, for example ATH, and coming back to buy back with that money when the BTC price drops or during the crypto winter with the goal is to multiply the BTC he previously had and prepare for the next bullrun. This has become a cycle that will never be broken.

Maybe the right time to cash out the bitcoins we have is when the price is higher than the price we bought before, but for now I don't need funds, so I will keep the bitcoins I have, I will withdraw when I need them, and for sure when prices are high, so that I don't suffer losses like what happened in the previous year. But unfortunately now I only keep a little bitcoin, now I will learn from past experience, do not want to rush in cashing out the bitcoins that I have, I will hold it as much as possible.

It depends on your target goal of profit or what's the purpose of your investment. There's a lot of things to consider and you should not focus on the price number but rather on the percentage of your profit or on the time span you want to take your investment and use it for good. You will never gonna cash out when the price is continuously rising if you don't have a goal because greediness will always control you to hold more. Just make sure you have a reason to take profit so that you will not gonna regret when the price still pump when you cash out. because you can't bring back time while the price keeps up and down.

Long-time holders are most likely are not depending on their crypto assets since most have them have multiple sources of income. They will just let those bitcoins in their wallet increase their price in the market until they are extremely in need of it and cash it out or use it to buy what they want. This is the case of the long-time holders. as for the others who were anxious about their investment, they weren't prepared or they don't have enough source of income so they rust to cash it out when they see the price hike in the crypto market.

Plans? i am not totally a long term Holder because i can only keep mine for at least 1-3 years cycle in which i don't know how to label if long term holder or short term.
for us small time trader 5 btc is a lot of money, but have you ever think of How whales really treat this?

for them that 5 btc wasn't enough for now and they are even looking for more long holding to increase their earning .

At the moment I have no real plan on when to sell any bitcoins. My first bitcoins I had back in 2016 unfortunately I didn't save them and sold them all. Back then bitcoins was a nice and fast way to deal online as part of my CSGO skin trading endeavours. Selling was my biggest investment mistake, I should have just held on to them. Not going to make the same mistake again. All my coins now I want to hold for a long time. Maybe when bitcoins reach 200,000 USD I think about selling some, but never again will I sell all of it. The only way where I could be forced to be selling my coins would be if there was big renovations cost coming up for my apartment and I had no other form to pay them.

I have a split portfolio, where I have 80% of my coins in cold storage for long-term hodling and then 20% revolving coins that are being topped up and used on a daily basis. I basically save up Fiat in a bank account, until the price drop... and then I buy some bitcoins.

80% of the coins I buy, goes to the 80% hodl fund and 20% goes towards daily spending... so I use some of the bitcoins as a currency. (We cannot expect Bitcoin to succeed, if everyone are hoarding bitcoins)  ::)

I had target prices several times in the past, but each time BTC reached it I realized that it worths to me much more than the current price was and set up a new one. Eventually I just stopped setting any goals and decided to enjoy the ride which so far proved to be an excellent decision.

While I do consider myself long term hodler as I hold for ~6 years now and would sell it all only in case of some emergency, I do spend part of my BTC at the regular basis because I think that its important to keep using it for what it was initially intended for.


I don't know about you but I wouldn't trust any centralized services with a few thousands of dollars, let alone one million. What's even worse, you would keep it in stablecoin that can be locked/freezed at the creator's whim. Combination of those things makes this tactic way more riskier than just keeping BTC in your own wallet and letting it do its thing. If someone wants to cash out and invest into something, real estate seems like a much safer choice anyway.


So many people got rekt by holding altcoins long term so if you don't wanna repeat their mistake you should consider cashing out and going into BTC; if not completely then at least part of it. Thing is, in the long run (and for altcoins 1 years is a very long time) BTC regularly outperforms altcoins, meaning its far more suitable for a long term hold you are talking about.

When Bitcoin was worth $65.000 and looked like it was heading for the $70.000 mark, I didn't doubt my decision not to sell. If it reaches $100k soon, I am sure I will sell a portion of my portfolio. However, I would be happier if Bitcoin reached such an adoption stage that I wouldn't have to worry about where to spend it and any store would gladly take it. But we are not there yet. Laws and regulations are different from country to country.

Exchanging my BTC for a stablecoin is not something I consider reasonable. The only stablecoin worth looking at is DAI. Everything else can be locked, even in non-custodial wallets. Never trust those centralized platforms with your money Jerry, no matter what returns they seduce you with.

My philosophy is almost identical, so although I understand people who have an exit point, I would hardly decide to sell all the BTC I have because I think it is the best investment I could make. Of course, I sell some BTC from time to time, and use it for various small transactions - but at a time when fiat is drastically losing value, it feels good to have Bitcoin. In addition, we both live in a country where a lot of things can be bought directly with cryptocurrencies, which is another good reason not to sell.

My position on bitcoin is the same, I don't plan to sell my bitcoins at the moment. I do not sell all my bitcoins at all, my savings are enough for my daily expenses, and I keep bitcoin as a long-term investment. Perhaps I will sell some part if it grows in price so much that I could live in abundance and at the same time part of the bitcoin remained with me.

Who said stablecoin is free from tax? stablecoin do get tax!

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I don't understand why you can consider staking stablecoin is better than invest in Bitcoin. Those centralized platform only offer you 8% APY and you're risking your 1 million dollars to them! Don't cry if they turn as scam project. Bitcoin could offer you better than 8% APY and your coins are fully 100% safe if you hold on hardware wallet. Choosing stablecoin is like choosing bad investment and riskier than Bitcoin.

Regarding to your questions, why should I cash out my Bitcoin if I'm not needed yet?

Yes, Selling all your bitcoin can make you regret when the price finally get to $100 before the end of this year 2022. Those that purchased bitcon when the price was $20 or $30 some years ago, need to release some bitcoin for sale to be part of those that will make a huge amount of money from their long term investment. Anyone that can follow the steps or ideas of bitcoin professional investors to release little for sale to make profits to improve other things in the family and hold the remaining bitcoin for the price to hit $75 or $80 before they can sell all to live a better life in the community. Since bitcoin price has moved to $50 few minutes ago, show that long terms investors have a lot to achieve from their long team investment before the end of this month of March.

it depends on the situation and of course when it comes holding for long term you should have a target  so that you know when to sell.

And for me it would be enough unless if bitcoin will skyrocketed again like what happened last year. Imagine if you bought at 30k last year, because bitcoin achieved 2 consecutive ATH. So surely you will become profitable enough.
But like what i said it depends of the situation, so its always good to set target so that you don't need to wait for a confirmation.

Selling is not an option for me right now,  i intend to hold and try to accumulate more. i can not predict the future but my desire is to continue holding as long as i don't have any reason to want to sell.
Earning passive income from stable coins is not a bad idea but selling btc for just that purpose is imo, the probability of btc going higher in years to come is high so why sell to stablecoins just to earn passive income. You can always do this with a sperate funds (if you can afford it).

I think you shouldn't regret, even though that bitcoin is now a huge sum of money. At the time, no one would have expected that the bitcoin price would rise as it is now and will rise even more in the future. You should be grateful and happy that bitcoin got you through those tough years and got you where you are today.

Now things seem more difficult in 2017 bitcoins have increased a lot and accumulating bitcoins has become more difficult but that doesn't mean you and i no longer have a chance to own bitcoins. I think the current bitcoin price is still low compared to the future so let's accumulate lots of bitcoins now.

Once bitcoin hits 100,000$ I think it's a good mark to sell and buy again when the price crashes a little bit. This way it's possible to make some profit, while acquiring the same amount of bitcoin held before the sale.

Meanwhile, investing bitcoin in crypto banks such as the mentioned in OP can be interesting to keep earning passive income until bitcoin reaches on the price range aimed to sell. This way you won't waste any time.

Stablecoins are also an interesting adoption on this situation, because crypto banks offer very decent interest rates, superior to the ones they pay over volatile cryptocurrencies and also superior interest when compared to the ones paid by traditional fiat banks.

When bitcoin able to break that 20k then no one had expected nor anticipate that it could shoot up in 40k and then next that 68k+ something on its ATH which people do next out presume that it would hit up $100k

on which a very common resistance that we would really be hoping that it would be reached out soon but of course we do need to break its all time high which is on the price above.
For investors point of view then it is actually depending on preference on when we do take out profits or trying to materialized those gains whether on a certain price point which might
really be affected by some factors.

Never. That said I did move ~39% of my Bitcoin from early '21 to early '22 to about a dozen altcoins, specifically PoS coins in order to generate a yield. But I'm done with that now. The point of this was so that I can use the staking rewards for my money needs and wouldn't need to sell Bitcoin except for very large purchases.

The Bitcoin I still have I won't ever cash out, but I will probably spend a decent amount of it over the next 10+ years to buy real estate, give some to my nieces, I'd like to also take an orbital trip to space and potentially also to the moon or at least a trip around the moon if those things become relatively reasonable to do (I'd be willing to spend maybe half a bitcoin on each), and I might diversify 1 BTC into stocks once it's at a million-plus price.

I'd still have a bunch of Bitcoin left over after all that which I have no plan on using for anything specific. I also plan to start permanently DCA'ing into Bitcoin on a weekly basis later this year as the market recovers so my staking rewards go up in value and I can afford to invest new money into Bitcoin.

It's all good to spend your Bitcoin to do the things you want to do in life, after all you can't take money with you when you're dead, but spending things of lesser value, like fiat and cashing out altcoin staking rewards, comes first, so as to safeguard my reserves of the most valuable thing: Bitcoin. So there is no "cash out" plan. The plan is simply continued wealth accumulation by turning things of lesser value into things of greater value (cash/alts rewards --> Bitcoin) while spending Bitcoin a handful of times for those really big ticket items in life.

Bitcoin will continually go up in value so there's not really a point having a price target to sell it at. If you want to use Bitcoin to buy something big then do it when you're ready, but "cashing out" is last decade thinking. Bitcoin has moved past its retail boom bust cycle stage when setting price targets made sense. Not Bitcoin is just on its way to wide global adoption so there isn't a point in cashing out, except when you want to spend that money.

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Huh? Anybody experienced in the market knew that breaking $20k (the previous cycle's ATH) meant it would very soon be far higher. Only people who had a very poor understanding of the market were looking to sell once it got back around $20k. I do remember this point of view being stated on here though back in 2020, and tried to tell those people on here that selling at that point was the absolute worst timing decision the could possibly make as the price would be several times higher in the months following hitting $20k.

[moderator's note: consecutive posts merged]

I am a long-term holder and I have already designated an amount that I'm not going to sell. I have some other spare cryptos that I would sell in times that I need them.
I guess the majority here are waiting for bitcoin to hit $100k and upwards before they start picking some decimals on their bitcoin holdings. Maybe I'd do the same just for the sake of taking a profit and I would like to spend that for anything that I want to get into another venture. Yes, profit for another business or investment from bitcoin profit.

What do you cash out into ?

FIAT devalues 20% a year
Realestate illiquid, taxed, divource rape by courts
Stocks Rigged every possible way and can just disapear unlike btc
Gold/Silver gold cert rigged.

Find a better asset class is the first issue even before you get to "price".

I recall around here when 21 BTC was the make it number and that was not to hard to get.

There's no wrong actually if you keep your bitcoins for long term hodling, but its certainly not a smart move for a wise investor. Yes, you can hold it as much as you can but you can't hold the assurance if its value will always moves up. There are times that its price suddenly drops down and then you miss the chance again to make profits. So its a always a smart idea to set your target selling price so you will also gain profits and not just on accumulating more bitcoin. Investing helps you create profits and capital gains, so you should always find time to sell your coins at a good price.

I will never hold for a long time. I have seen that I have suffered the most by holding for a long time.I held BTC in 2018. Since then the price has increased many times I did not sell.So I decided that what I really needed to do was learn how to do it right.  If I make enough profit from my invested money, I will sell everything I hold.

If you have no important stuffs to buy, then just hold it as much as you can. After all, bitcoin will always grow in value despite of its unpredictable price volatility. However, if you want to have consistency in making profits, then sell some of your bitcoin when a new all time high is reached. That will motivate you more to buy and accumulate more bitcoins when their price is low so you can start selling them at a reasonable high price. You may sell some, but leave some of them for long term hodling and for future profits.

if you zoom out BTC is a very wise choice. Also don't diversify. here is why.

buy 100 BTC  at 1$ cash out 50% at 20$ like any traditional diversified investor theory/normies would tell you to

50 BTC and $1000 cash

another 20 x

25 BTC and $10000

12.5 BTC and 12.5 x 20000 = 250K

So now you have 12.5 BTC and 266K

You have thrown away 77.5 X 45 K or 3.4 Million.

But every one says diversify and 20x is way more than normines would hold and not take a profit.

If you choose to cash out, then do so with very small amount of your total, eg 1% ~5% of total holdings on or around what you think are run ups.

Usually, the answer is never for a long term investor because as a long term investor people do not trust the fiat currencies to sell all the bitcoins and exchange into fiat, if you look at the chart in long term you will understand by rising the inflation rate the bitcoin investors are safe from the inflation and it's not the end because they also take profit over they asset they invested by having these advantages I don't think if any long term investor is willing to cash out his bitcoin because they truly trust and belave in bitcoin, just in the case of emergency they will exchange some a few shares of it and then buy again.

For a while, I thought I would hold on to it for a significant period of time, but as with everything, goals change, and with that, I might be looking into selling most in a couple of years. But all of that is depending on the sentiment towards crypto in my country and governmental policies, so things might shift as laws shift. But even with that I would still consider myself a holder at heart.

If we talk about long term their is not any date. For me a long term is a money that will cash out when I need that money. For other stocks or shares long term will may be 20 or 30 years but in cryptocurrency long term has been seen in very short time. Overall long term will get depending on investors choice when he going to cash out or pulling another cryptocurrency. Sometimes cash out can be done at 100 or 1000x  so it is totally upon investors.

Like when there is inflation and the price of bitcoin is even higher and there will be a lot of profit. Long-term investors take profits in the long run and sell some when prices start high or there is a price target to be reached.
Some long-term investors also have a target price they need to reach in order to exchange it for Fiat currency, but of course not all of them will be sold.
Being a long-term investor has some challenges, namely when the price keeps going up and up, this will determine how strong the psychology in investing is.

Sell ​​some and take profit. Buy again when the price is very low, it will keep repeating.

I guess the right answer will be - when long term holder needs fiat, he will cash out. For me, there is no specific date. For me, cryptocurrency is not my primary source of income. I usually set some goals, like when Bitcoin hit ATH, cash out a little part to celebrate. Or right now I want to replace current laptop with a new one. As replacement is not urgent, I am planning to hold signature rewards until I get about $2k and cash out, while keep on holding crypto from trades.

The issue depends on each individual's decision, and whether to continue holding or profit is not important, I think. I remember I made a lot of profit after about a year of buying and holding ETH. Indeed, nothing is perfect for me because I also missed the opportunity to sell at the high price of ETH and buy it back. At a lower price, but I'm still satisfied with what I get. I can be satisfied with everything achieved and am looking for more opportunities in the market.

Long term Holding is something that you can keep and the amount that you can also allow to risk and lose, and not a fund that you will look at whenever you badly needed funds because remember that volatility of this market tells us that there is no consistent chances when we can take profit or we can take losses.

If i am to decide? i will never let my guard decide instead i will allot specific time when to withdraw so when that day come? i can easily and heartedly take my funds without hesitation and without any bad feeling .

He didn't say free but he said after taxes. Most stablecoins have a connection with fiats and banks therefore it's normal that they can be taxed but there are decentralized stable coins like DAI and they can be exempted from taxes. Stable coins' main use are only to prevent the unstable crypto from fluctuating but investing on them alone without investing first on volatile crypto can be useless.

Do not know if you can stake a stablecoin but if it's possible, the rewards that you will be getting are fixed but if you invest on bitcoin, you can earn unlimited rewards although the disadvantage is you can also lose huge once bitcoin price dumps.

I don't set any time frame until when I'm going to hold. Perhaps, selling could somewhat be going to commence at no specific time as it always depends on the needs and the market price. And besides, Long-term holding can be in years, several years of holding. There is no clear time when to sell but I think it was not important.

I hold and I keep holding until I have the reason to do the selling. But I'd never tried to think about it, I'd rather think about the future of my kids which these cryptos I hold can help them many years from now.

I will never sell all my BTC, some will remain to my kids and grandsons. I've never sold a Satoshi since 2013 so I have no idea when I will cash out, but if I will do it it won't be more than 10-15% then hoping to buy it back, time will tell. BTC is safer than stupid FIAT and banks anyway. Why sell? Sell to buy a house or two, but don't keep it in the banks, that's stupid. Inflation will kill your FIAT.

As long as I don't really need money then I will continue to hold, on the other hand if I need cash and there is no other alternative then I will sell even though the market is red, I think long term hold is an easy but very effective strategy to get big profits, and as long as I hold bitcoin, the results are very satisfying because I always profit, maybe the first hold term and make me lose is 2018

Whenever I invested on a certain crypto for a long term investment I would set up a price when to sell it or a certain date.
I think it is what most of the long term holders are also doing whenever they invest for a long term,
But I would also depend on the situation when the price that I am aiming has been reached if I would sell it or wait a little longer.

When I have enough money to retire? I mean not even then, because what would I do with all that money all at once? I like my job, I have been quite happy here, and that means I would be able to work until I can't anymore, and that means I would be able to save every month until I stop working from old age or from something else.

This is why I believe that we should not really be considering cashing out. I would prefer if I would just keep going until I die, then my child would inherit the money that I saved up in crypto. I can't say if I will ever have a child, but if I don't then the inheritance would go to a charity that I really trust, and really sure that the money would go to the right place.

I just treat it as a reserve fund sometimes I sell it when I really need it, and even then very rarely because as long as I can get past it with fiat I don't.
I also don't know when to sell everything because I believe the price will continue to rise, and maybe I will when I want something big and backed up with a big upgrade.

Would you mind telling us about the altcoins? Perhaps they might be of interest for someone here to pick up. We all like what makes us profit.

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I've read many early adopters insisting they wouldn't sell off for any reason. I continue to ask if everyone decides to hodl perpetually how would Bitcoin have its value? I know that the value of anything is in its (trade) buying and selling or am I wrong on this?

Personally, I'd like to see obvious signs of a top.  A huge price increase with a massive volume spike while everyone is saying Bitcoin is the world's savior and we should all sell all our possessions to buy it.  That's what the cash out period looks like to me.  So long as there are still lots of people saying Bitcoin is a scam and won't be adopted, there is still room to run up.  It's important to remember that the top will be when Bitcoin's future looks the brightest.  Just like a few months ago when Michael Saylor was saying that Bitcoin would go up forever right before it lost more than half of it's market cap, it's the "irrational exuberance" that will signal the top.  Shout out Greenspan for those of you old enough to remember that quote.

If anyone can keep bitcoin for the longest time, that's really good but most of the time, people do buy and sell to make consistent profits and create significant positive changes in their lives. I always want to be a long term hodler, but most of the time i end up being tempted to sell particularly when the prices reaches its peak. But of course, i never do all in selling because i'm still looking forward for a bigger value in the future. Well, its not bad to sell some of your coins as long as you are making profits from it and use it to create great changes in your lives.

Each long-term holder of a cryptocurrency has its own plan regarding the timing of its retention. In addition, life itself will always make adjustments in this matter, since from time to time we are faced with problems of necessary expenses. But anyway, it’s better not just to hold a potential cryptocurrency, but to use its peak price ups and downs to extract additional profit, which should be periodically withdrawn to fiat. It must be remembered that our capital in cryptocurrency is also subject to various risks, so everything must be done in moderation.

I definetely agree that it depends on goals and circumstances. However, I set myself the goal of going into cache with a profit of at least 40%. If this percentage is not reached, I try to postpone the moment of caching out and look for other ways to meet the needs. And of course, I try never to sell everything I have.

Determining the goals to be achieved is very important to be able to profit, if the target has been met then you should immediately sell or create a new target again, and I prefer to sell when the profit has been achieved and see market conditions if the market drops again then buy immediately.

Can't agree more. We have different status and priorities in life. Hence, the time we plan to cash out varies from one person to another. Depending on the situation you are in, you can either hodl until you can and/or cash out from time to time whenever you feel like it or need it. After all, we should still enjoy the fruit of our patience even just for the little things.

Personally, I prefer to practice delayed gratification so that the reward will be bigger and more satisfying the moment it's already the right and perfect timing. It could be different to you and to others because some might have cash out now because they need to in order to survive or get by.

Wasn't paying attention to the thread and hadn't seen the latest replies.

Trust me, I know exactly how you feel. A few months ago, I stumbled upon some signature campaign spreadsheets, back from 2016-2017. The payment amount in BTC was huge, compared to now, even the lowest paying ones could eventually, if you were persistent enough, set you back with a decent sum of Bitcoin.

Unfortunately, most of these earnings are now sold, at a way lower price, compared to what we have now.

I'm not currently in a huge need of money, thus, I'm not planning to sell anytime soon, unless I really need to. So far, I'm managing fine, Bitcoin has proven its worth throughout the years, the greatest things are yet to happen.

The condition of their portfolios that have bought in 2017 is of course very profitable, and if they take the right momentum at the beginning of May 2021, of course their profits are very appropriate for withdrawals.  Although it would be better if it extended the hold duration so that it would reach new ath at an uncertain time.

Wish I could have the staying power of some of you. Now I'm by no means an early adopter, my account age alone tells you the earliest I could have gotten in and that was shortly before THAT all-time high.

I've got 2 targets. One is a dollar value, one is a date value. The first I believe is unlikely, but if it does happen, I'm not going to be greedy -- but also assuming this dollar value retains more or less the same purchasing power of today. Why I won't budge from this, and why the second target is, is because of the keen knowledge that I'm not going to live forever.

I'm a simple guy, I have dreams like everyone else, but my personal dream of comfort and "doing what I really want" actually won't be very expensive. But I couldn't do that without the guilt of not providing for those who rely on me, such is the sin of the prodigal son. So those targets really are to buy off that guilt. Make those I care for comfortable enough they don't suffer if I go down the hole of self fkery.

Since the date target is likelier, that's in about 10-15 years, or rather, 4 halvings away thereabouts. Cause if Bitcoin ain't anywhere when it's producing less than 0.4 btc per block, I ain't waiting around. Otherwise my knees won't carry me around much. Blame football.

Buying and holding bitcoin has always been our dream. But if we had already a large amount of bitcoin in our wallet, does it make sense if we keep  it hodling forever? I guess not. The value of bitcoin will always grow for sure but we are not going to experience profits if we never sell some of them. Buying and selling bitcoin has always been a good strategy to see consistency in making profits, but of course we will only sell if the value is very high and if we are in need of funds.

I prolly could consider myself a long term hodler cause i have come to understand the Bitcoin network, and i would want to be in the network for a very, very long time indeed; but as regards "cashing out", i am not rich in Bitcoin, i mean i do not have so much Bitcoin and i definitely do not feel any pressure, i can imagine if i had a certain amount in Bitcoin, then i could have thoughts of converting a fraction of it and putting it somewhere else, but as things stand now, i have not accumulated that much Bitcoin to worry myself about selling, i am basically just hodling and that is that.

Having said that, there are not all that many options of what to do with your physical cash if you sell your Bitcoin, yes i know there are a million options, but what i mean is something that is or could actually be better than leaving it in the Bitcoin network. Your option with stablecoins is a no-brainer for me, for obvious reasons actually, as for putting them in my bank account, i am from a country that is hit so hard with inflation, i would only be foolish to sell my Bitcoin and leave them in my depreciating/devaluing national Fiat currency.

I believe in mass adoption, and a time when Bitcoin wouldn't be as volatile as it is now, i also have the believe that somewhere down the line Bitcoin would become a safe haven asset, if all of this is possible, would there then be any need to sell Bitcoin out of panic and other reasons, i know even then one may need to convert to Fiat every now and then for obvious reasons, but you definitely would not carry the burden of spontaneous volatility in mind and you can sleep well knowing your funds are hedged in a great store of value, so why sell it all.

The first objective of any investment you see is profit, why would anyone want to invest in bitcoin if they don't plan when to sell, you can't hold forever but that doesn't mean you have to liquidate all your holdings, there are points in life that you need funds to settle other areas of life when they don't want to opt for loans.
If I can have my way of purchasing a large amount of bitcoin, I would sell when it peak and buy back when there is fud, one of the perfect ways of getting some cash to settle other parts of life and bid more on bitcoin.
But there is something we are not discussing! If not that Microstrategy and financial institutions have now picked interest in bitcoin and digital assets, if bitcoin is struggling like the old days, many wouldn't believe it as revolutionary assets but all is fine, hold the little you can and sell some when the right time.

I will hold at least 5 years. I stored in my hard wallet . generally i like short term trading and most of my port of portfolio consist of short term coin but I still believe that Bitcoin is king and i never want to miss a chance. I hope in 2027 Bitcoin might hit 500k or atleast 300k and thats enough for me rather than nothing.

You should always have a foundation of traditional investments set. That’s first and foremost. I’m talking mutual funds, ETFs, retirement plans like IRAs etc. Staking is a very risky proposition, it’s much less secure than most “traditional” investments. There’s still plenty of money to be made in the US Stock market and often a whole less risk. Sure maybe put a small amount of money in high risk high reward assets such as DeFi and staking, but don’t lose your ass on it.

Also this is not the place to be asking for investment advice, most people here will offer their opinion but truly not have a clue what they’re actually doing or talking about. That’s just being honest, so beware.

Everyone is different, it depends what are your life goals, where you live, what you want to do in the future... In my case I hope that some day I'll be able to afford buying a house thanks to bitcoin, that would be my dream. I'm not talking about anything special, not a mansion, not in a big city, just a nice little house. I hope to be able to do it in the next 10 years.

I've never had a specific target when holding bitcoin, this is because the market is always unpredictable, when I get at least 25% profit then I sell immediately, or if I really need cash then I sell even though the price is red, I'm used to trading from 2015 and this simple technique allowed me to make a profit even though it was not significant.

I agree with this. Even the question itself about when to cash out is against the rules of long term investment. It is a long term investment so there is no end in sight, it will never be ending, it will go on as long as we have to.

Do you think that every single stock Warren Buffet owns or Berkshire Hathaway owns will be dissolved and turn to liquidity as soon as he dies? Of course not, maybe some, but not all. I believe that if I never need the money, I will never sell it, if I need it then it is a different story. The best method is to never have an exit strategy in mind and to get as rich as possible by holding as long as it is possible.

I made a 5-years plan. Bought in may 2020, plan to sell in july 2025, when I will finish my master degree.

It's interesting for me to see that instead a fiat value goal you have a date to sell. I'm curious to know what you would do in case 2025 is a bad year compared to 2024 and, let's say, bitcoin value is half than the previous year, what would you do? Still selling anyway? Or at that point you'd wait?

personally i think to cash out my bitcoin (long term) when the price breaks through $400k/btc. I am 1000% sure the Bitcoin price will touch that level, although we don't know when it will happen but I have a strong intention to patiently wait for BTC to that price.

I believe everyone has their own plans and the ones who don't basically depend on time. Time makes them do actions based on the situations.
Some will cash out when their desired target is met and some will cash out when in need of an emergency.
So might cash out when they think that the market is gonna crash while some will wait for a very long time and will cashout when they decide to exit.
There might also be some who will never cashout and will probably inherit their coins to their known people.

For me, I haven't decided when I will cashout so for the time being I will just hold until I can and leave the rest on time.

The only problem facing bitcoin holder is time, I mean you need to have a mentality not to be tempted and sell out specially when we reaches new all time high. So it's better to really understand that and learn to practice and restrain yourself from selling. For the majority they could have a target of at least 1 BTC (for average investors or even more), but for whales sky is the limit. So most probably 2-4 halvings from now is a good gauge and see if we can hit our target or remain to be in the game.

On the one hand, I do regret selling in the past, however, back in 2017, the ATH of $20.000 looked astonishing for that time period, thus, selling seemed like a viable and decent option. I never expected that 3 years later, in 2020, I'd deeply regret it. No hard feelings though, money comes and goes, I've got plenty of stories to share about how I wasted my Bitcoin in 2012-13, there's no point in looking back in the past, but only move forward.

They must have a plan to sell it, holding BTC won't be forever. But each holder may have a different target about how long to hold. Some may hold till the next bullrun period or halving season, some may plan to hold 5 years, others may want to hold more over 10 years. It depends on how big the target is, to be achieved by the holders. But for my BTC, the longest holding may be around 4-5 years, I prefer to rebuy again than hold too long.

I think that when it comes to years of holding, we need to be careful not to have long bear periods, even years. Therefore, the holding's strategy should be adjusted according to market changes. Buying and forgeting for 3-5 years works, but not as effectively as correction and purchasing at each dip, as for me.

That's right, money goes and will come again. If we still have the opportunity to make money, we should not regret the past. The ultimate goal when we invest is to be able to make a profit and we should be satisfied with that.

So far, we can almost say that the growth of bitcoin is certain but with bitcoin's past still ambiguous holding it would be risky and we regret assuming bitcoin will not increase. Always set a price target for yourself, don't be too greedy greed will sometimes kill our future.

That's the point why we are investing and trading right and that is to earn profit. For me, it is depend on a person on when he is going to plan to cash out his long term holding assets but in my case as long as the current market price of a crypto that I am holding is enough already to say that I've earned a profit from it then I am not hesitated to sell it. There are times that we may encounter unexpected instances that sometimes our savings or our long term assets in hold may need to sell for emergency then it's a win-win already.

Long-term holders do not mean not selling it and will make sales when really need and use it as an emergency fund, and even then only sell part of the profits earned in the long term.
By owning bitcoin for the long term they are not worried because they believe the future will be brighter, and I treat bitcoin as a savings that can be profitable and I will use it when I need it and I will not sell everything until I am satisfied with a bigger one.

I wouldn't want to sell my Bitcoin assets ether but talking of using them as collateral, wouldn't this mean you have to give them to the person/institution you are borrowing the funds from for your investment, I believe this is how collateral works? or is there a different way with this?

Exactly it is!
That's one way not to lose your Bitcoin when you're facing financial crisis. Long term hodler's worst nightmare is when they sold their Bitcoin on a much lower price. Regret kicks in especially when you see Btc starts pumping and hitting new ATH on the latter.
So, If you're a wise investor, never ever let your Btc being sold to cover your personal financial shortage.

Actually, I'm tempted to sell for buying a new house. It's not as fancy as you think but I can say that it will be satisfying to call it our home.

I'm in the midst of it but probably going no for the meantime and will wait for further moving up of bitcoin, maybe a year or two more before I start selling huge amounts in my portfolio.

To some, 0.1 to 1 BTC couldn't be that much but that would be a piece of land already in some countries. But if it ever happens that bitcoin reaches back to $70k to $100k, I guess many will start picking their profits.

For me there is nothing wrong in taking profits. I did that right at the end of the 2017 bull run and I didn't regret it one bit! I would regret more seeing my portfolio dumping 80% after that.

I'm not planning to sell anytime soon. For me bitcoin is a backup plan, not the way to get rich. I want to leave some coins to my children, make sure that if anything bad happens my family will have some money that they don't have to go to court to get. Bitcoin is my retirement fund, my health insurance, education money for my children, life insurance for my wife, backup plan in case of war or a natural disaster.

That said, I usually sell a bit whenever there's a big bull market. Last year I sold about 5% of my coins to have money for a second car and some construction around the house. If we get to another milestone like a new ATH, I'll probably sell another 5%. If we reach 100k, another 5% just to celebrate and have some fun, maybe travel for a few months. I have no plans to spend more than 20% of my current holdings no matter what the price will be. If we go to a million USD next year, I'll still have at least 80% of what I have now in BTC.


1 BTC is actually a lot of money. I's enough to buy a good car, a piece of land large enough for a house in the suburbs, a large piece of land fit for farming far away from the city, I'm talking about average prices in Europe. In Africa or South America 1 BTC can buy you a nice house. If I were you with 1 BTC, I wouldn't sell it all to uy something now. You're going to regret not having anything left just in case. 10 years from now it could be worth 300k USD and all you'll have is a piece of land that you bought for 50k.

I have two plans when it regards to selling BTC.
1. I will sell it after 5 years most probably or depending on the situation.
2. I will sell it if I need some extra cash for some reasons.

Yes that is one of my plans. When it reaches the target that I feel I'm happy with then I will sell it no matter what. On the other hand, I also have a target price where if it reaches that price then I will sell it as well.

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Overall, I have many plans when it comes to my Bitcoin holdings.
I might be using it for my future and for my kids. I might be using it as emergency funds as well if my current emergency funds isn't enough. I might be using it when I need to buy something that I urgently needed. I might use it to buy a house and lot as well if its enough :D.

I completely agree with you. If you do not make a profit for a long time, you can fall into the trap of always thinking that the profit is too small, and it is too early to make a profit. In my opinion, it is worth remembering that profit only becomes profit when you cache out and fix it, when you close the deal. If the ultimate goal is to make a profit, why not make it?

I haven't sold a single portion of Bitcoin for two years now, I'm currently trying to accumulate as much as possible, without selling any without having a serious reason to do so. To be honest, despite owning more Bitcoin than I used to do back in November's ATH, my coins are worth less, thus, I'm currently taking a loss, but with patience, it will certainly pay off in the long-term.

I know I said that there is nothing wrong in cashing out, but not everyone in crypto is here necessarily for profit. There is a lot of people, especially long term holders, who are here because of the technology. Those guys will probably never sell and will buy stuff they need or want directly for Bitcoin.

Till bitcoin reaches$1,000,000 for each or for eternity, lol... of course that's a joke, a big joke.
Well, the truth is, I hodl and still make good use of my bitcoin. Hodling BTc doesn't mean you've got to hodl for ever and starve yourself to death or loose out on some of the funs you could spoil yourself with from your hidlings when you can. The idea is, you should do your best to stay off your crypto (Bitcoin) hodlings and spend only when it's inevitable that you do. I ain't piling all this coins away so it get inherited and used over God knows what when I'm gone.

Bitcoin need more used cases and hodling it in a wallet (custodial or non custodial), exchange (which is obviously a bad idea for huge hodlings) and staking it on some platform isn't going to give it that. You ought to use it for the currency that it is and always endeavour to have some stored away, never hesitating to buy more to increase your hodling when  you can and aren't spending.

Whether it is small or big amount, a profit is still a profit so what is wrong of taking it? to the person that are not contented or not happy with small profits, maybe? and I believe those people will rather see their portfolio dumping than sell their coin for some profits. In your case, you are very lucky because you sold your coins at the best moment. Coins are at their highest at the end of 2017 but the market dump on the whole 2018.

It take almost three years again before the new bull begin. What about that time, you have predicted it that it will happen? when the price goes back to 70k, pretty sure many are going to sell because many have missed the last year's bull.

The idea of holding bitcoin for a long time in the course of life teaches you many things.
There are those who want to accumulate more bitcoin and do it for a goal.
I think that is where we participate, I want to own bitcoin for a long time and always thinking of my family and while I am going through this journey I am willing to provide solutions to unforeseen situations.
Last year was memorable for me. I was able to make repairs to my house for which I am proud. The house is like new for twenty more years, God willing.
I made use of my investment and now I'm going for more, the best ally we have is time, bitcoin will always be waiting.
In my portfolio I can have other coins but bitcoin is my main investment.
If we have been fortunate to know how good decentralization brings us by bitcoin, why let it go?

Well , it shouldn't be an automatic chronometer. If the plan is for after the 5 upcoming years, and that the investor is not in a critical financial issue, then don't expect him to sell his savings at a lower price than expected. Waiting for other few weeks or months should be a part of the investment plan because there are no guarantees that the price will get higher after a certain period of time or that the price won't recover if he decreased a little bit after five year waiting. Note that this investment scheme would safely work only with bitcoin and few other alts.

To some doesn't mean nation or land, it means to some people. You could be from the poorest nation but be the richest person in that nation and 1 bitcoin wouldn't mean something to you, or you could be from a huge nation but a homeless person and 1 bitcoin would mean a lot to you.

This means that if you have 1 bitcoin, and you are not a rich person, if you are even at a level where you live pay check to pay check, then 1 bitcoin could definitely get you a nice start. At the very worst case, even in places like the USA or the UK, that would mean that you could buy a house taking out a loan. You could pay the down payment with that money, and the rest will be paid from your salary and instead of paying rent, you would pay mortgage.

Because not everyone is rich. Most of us live below the poverty line.

It is not possible for them to wait a long time by investing a huge amount of money.

for Bitcoin, yes it is absolutely profitable if you can do long-term holding but you can't say day-trading/bi-weekly trading, and short-term trading is not profitable.

It is a means of passive earning for all. Those who can't wait long term for their financial situation, they can still benefit from Bitcoin through short-term trading.

Long term holders are all the time plan changers.When the price had increased the lot,they will sell huge and change the price in high number.Some people don’t know this,mostly the long term investors are become a whale.Their selling will be the price deciding all the time.This is because their huge amount of selling of coins ,when the price movement is positive after a huge time interval.

 :o

Are you sure you are really making an investment or has bitcoin become an obsession for you? bitcoin is equal to money so it should be used just like fiat, doing it hodl until you die is not a sensible thing to do, what would be the purpose of that? your family will need money and you will be being mean and selfish to hide bitcoin because you are obsessed that you can't sell, honestly this thought is not a good thing and no investor or person who has good being, has feelings or knows what bitcoin really is

I am not planning on selling yet but yes planning on grabbing more as we are way below the previous ATH. There is only one time when I will sell the crypto, if it’s emergency or family requirement where there is nothing left but only crypto.

However, I did mistake of selling in the earlier days. Whenever I used to get crypto payments then I used to cash out immediately irrespective of prices.

But when I look back to those transaction it hurts, as the price has increased a lot for those coins which I received at lowest prices Back in time. So no I’m not selling real soon.

Long term holding is worth when profit increase above 300% but if still under 20% profit after holding two or three years later I will take decision with short term holding only. I think with short term or daily trading I can earn profit about 5% in daily day and calculated almost 150% each month, but not sure with keep consistent profit in daily day because have bad thing later when price can't predicting. Better with long term holding if coin as potential at the future like WAVES maybe from 15$ now have reach almost $50.

Yes, it’s all about your personal preference; what you think that you’re able to do. Some people would prefer that it is best for them to hold the cryptocurrency that they are holding for a long term, while there are those who would prefer to hold for a short term or just trade daily for some small gains.

I hold long term, and I sell whenever the market goes up although sometimes I can as well leave some of my coins and not sell all of them when I am selling. So, anything can work for you, if you’re a long term investor that is buying when the market is low and selling when they have reached a high price, then you’re pretty good to go.

For the initial question: NEVER.
Bitcoin is to hodl for ever, unless you need to spend. Cash out is a mistake. We need to change these people's time preference. One must be able to hold the lines for greater goods in the long run. We can't just go for the quick buck.

There is this misinterpretation of trading. Like, you buy Bitcoin at 10k, then you sell at, let's say, 12k. Great, you did 20% profit. Now, you wait for a while to see if it goes down to buy back. But the thing keeps going up, so the FOMO makes you buy at 15k or more... That's it, your previous profit is lost! I mean, this is a mistake. To sell today to buy more expensive tomorrow!

I don’t really think that it is all about how much you’re able to make from your investment on Bitcoin, what matters the most is what you’re able to reproduce with that amount that you have got.

Yes, one million dollars ($1,000,000) doesn’t make you rich in the first world countries, but you’re still kinda rich though. With that amount of money you’re able to start a good business and that can build you through to a higher level more than what you have got from BTC.

Bitcoin is not meant to change your life but it can help you to kick start and get better. The money I have invested in Bitcoin is what has helped to reach the level I am currently at. And I have been able to make more and invest back in BTC a bigger amount. Long term holding of bitcoin will do magical things as it will start production good returns on exponential growth.

I think it's hard not to think about profit when bitcoin shows such results. Maybe some guys started with an interest in technology, but now this interest is supported by a very good investment. Of course, you can buy a lot for bitcoin, but not everything. And there may come a time when you need to cache out for something necessary.

in this case of course there must be a limit there, investing in Bitcoin is quite good but as you said we can't wait until we die to be here because on the other hand there is a family and there is oneself who definitely needs results from investing of course, the limits are wrong one that is important because when we have reached the desired target, why should we be greedy by making new targets, at least if we really want to try to be greedy we also need to set aside finances or take some of the capital we previously saved for daily needs

People that is holding bitcoin do you have when you will sell, the answer is yes, because any investor have target, and the target can be when the price of bitcoins go up times of the money use to buy his own bitcoin, some people invest for long time because they needed a very big profit

Spending crypto is useless if you would spend it for unvaluable things, but since you are going to spend it for a purpose, maybe for your own job too, that gives a valid reason to cash out. Even myself, i always set price goals when to cash out and sell some of my coins. I don't have the intentions of holding my coins forever, once i see good opportunities to sell, i always do it to make profits. I only buy back when the price dumps and hold it again until i see good reason to sell again.

When do you plan to cash out? When I was I need.
I'm not a long-term holder but quite I just hold them for short time. The majority of the rewards that I got from here I put on an investment (local investment), that is why I couldn't keep my Bitcoin longer in my wallet but have to cash out usually.

It is important we have such an investment. Many people had missed this opportunity but for us who have already been here, I think it was best to take this chance. Or, put it on the stock market or have our own business.

I do only see for it to be worth on long time waiting is to those people who had bought bitcoin on a very low price and not on past $20k or something considering on how many percentage you would only

gain up for waiting up for so long thats why some people do decided to sell it on earlier and buyback when it do makes out some correction.So its actually depending on someones capacity
and decision making whenever they do tend to cash out or secure profits or would hold a little bit further since they havent able to hit their target or goal.
So let them be on what would be their decisions because what matter most here or the common line would be "profit is profit" no matter how small it is.

The financial capability sometimes is the main deciding factor for a holder when to sell his bitcoin. If you happen to be of need of your fiat, and you have no other options but to cash out, you will. Even if you say, you want to hold long term because you believe it will go up more. However, your situation is not favoring your goal. For me, as long as you are getting your profits, like you said, no matter how small it is, I already considered it as winning. Sometimes, you need to be contented to what you can make out of your situation.

When to cash out? When the market prices turn back to bullish again, probably the next halving. Or until the time has come I was already in profit. Well, my target is to double my capital, at least.
It can be 3-5 years or even more but it also can be done depending on the situation like emergencies and other needs.  But I guess, the holding doesn't have such a so-called time frame until when, as it considers the price.

The same plan for me is that I'll probably be selling quite a lot after the halving or whichever comes first for reaching a higher price. My goal is higher than the last time because I've seen the past bull run and its potential is really in the sky. We may have different situations in our lives that force us to sell based on how we need the cash. And through selling bitcoin, that's what we are seeing as the solution to help ourselves with that problem if it's related to money. Not just one story I've seen and even happened to me as well that being forced to sell even at the price that I don't desire but that's okay. There will still be other times, better times to sell but I've got really a price on my mind for selling.

I am holding bitcoin, ethereum, and some other altcoins for long term hold but i have not done any calculations as to when i will hold them and what could be the right moment to sell these coins. My rough idea is that i would like to hold my coins until the next bull and then think of cashing out 20-40% of my portfolio. Of course, i would never ever sell my whole portfolio unless and until i am in need of money.

Well, the funny thing is that since everything related to BTC began, most of the people who owned it did not have it for its monetary value, they had it because they liked technology and because they are something like enthusiasts, which is something that is respect. If a person does not want to sell his BTC and prefers to borrow FIAT money, it is something that is not very common, maybe he does not have needs or is very comfortable with what he earns and is stable, if this is the case, it is understandable, but in difficult situations or if you have an emergency, I am sure that you will use it, because it is normal, after all, Bitcoin represents money.

This! i believe most of the people will choose the after halving ( especially when the ATH reached ) they will cash the coins out. we might see a delay in spiking after the halving , like 2 or 4 months. that's what i'm doing as well though , you can't resist that .. as you might feel a huge regret when the ATH has gone and when the correction or a free fall did occured ...

cash them out periodically , till the real bearish signal comes out.

Haven’t set any goal yet. I'll let my bitcoin hold untill i get satisfied. During bear attack of 2017, i dumped large percentage of bitcoin and still regrating for that unexpected incident. After that i keep adding bitcoin in my portfolio as much i can. Currently i don't have hurray for cash out. If any super worst situation come in my life, i would choice to loan or borrow fiat then but don't want to repeat same mistake again.

Long term holders atleast hold it for three years unlike the market crash/growth. Personally my holdings is very low and so I'm not big into holding. Make use of it when required and buy back when possible unlike the market price. Based on a survey made in America, the long term in their minds were a minimum of 5 years. This is something big and more than 70% have such plans, but in real-time everyone won't be successful in holding it for such a long term.

It is because of the panic that the many holders will feel when the market isn't good. Just like now, there's a likely that those who have bought at the top of $40k have felt panicked already.
And this is the reason why they've sold due to the panic that they've got and I've been there before and I regret that decision. If you're a holder, just make sure that it's not your entire life savings and daily expenses that have been invested so that you can actually sell whenever you want but hopefully, when you're in profit.

It is good if you decide to hold bitcoin for the long term and have no intention of selling it anytime soon. But at least you have to set a specific goal for yourself? 5 years or 10 years from where the bitcoin price will reach and will make you happy to sell your bitcoin.
It would be wrong to panic sell but it is very helpful when we sell bitcoin for our business because our investment goal is profit and service for life.

That is the most challenging situation in bitcoin hodling. I have tried to hold through many bulls but as a emotion always ended up selling off most of the amount. Though I always bought more amount of bitcoin in the next batch averaging just enough as to not loose the profits overtime. So I’m satisfied and still hold little extra than what I had earlier. However, with volatility increasing at an alarming rate, my emotions are also way volatile these days. Lolz. Hope so I will get through this bear and will be selling when we cross another ATH. (I mean higher than the previous one)

If you are a long term hodler, your plan to cash out should only be when it's life-changing money. There's no need to cashout when you are at +10% UNLESS it's life-changing money for you.

Just hodl!

Those who have invested in Bitcoin in the long run today but their position is at the top. Those who have been investing since 2017 but today have created huge amount in their bitcoin account.So I would say if you invest in something long term investment then you will see that your invested money has increased enough but it must be good cryptocurrency.

It is interesting to see this guy of opinions, my idea about BTC and  Hodl I liked a lot from a user who wrote that every time BTC arrived at an ATH he sold some BTC to enjoy, be it a walk, clothes, or enjoy to go out with your family, that is a particularity that is very good, because the money we have we must see, not only have it in BTC and saved, in fact he said that he was waiting for it to reach $100k to do the same, I think that style of thinking is very good because everything is clear and controlled, the fact that he takes and sells in those ath is for me a master move.

They say long term hodling will bring you big fortune in the future, but how long will you have to keep and hold it? I guess the very reason why we started investing is to create profits so we can make significant changes in our lives. So i will always stick to it. I try to cash out every time i made a project that needs more funds and when i ran out of budget for my family. But i always see to it that there's more left for my future profits. It's good to spend some of it but make sure you spend your hard earned money not only for fun, but also for valuable purposes too.

It would be only significant if you are an early adopter or had invested into those early years but if you are invested on later years then getting 2x or 3x would really be hard considering on the current price we are standing on thats why to those people who had able to sell into its ATH of 68k or in 60k+ price point are the ones who do able to utilize that moment but for those who are really aiming
for long term then it isnt really bad to have that kind of decision but of course the profits that you could make wont really be that much appealing.

the fact is that long term holders dont plan to cashout ,they would rather hodl for long more except for emergencies. many early hodlers have made the mistake of cashing out so early and they regretted it in the sense that they just sold without any real reason justifiable. so its a long journey and hodlers are ready to ride it for long.

Target would be undetermined because people would make out cash outs whenever they do like and whenever they intend to because its indeed situational because if the price doesnt able to hit up our interest

then we would really be staying up on holding for more time until we are seeing numbers that we are confident on taking up some action.For minding about on when they would cash out then let them be because

its their money that had been risk not ours but sometimes being too concern of others decisions is really just a common reaction.

I cash-out some percentage of btc before it cross 20k$ again in 2020 cause i haven’t imagined it could hit upto 67k$ ath. But when i realised then i try to manage my remain btc and try not to sell it in any condision. Rather doing trade so that i could increase more amount of btc in my wallet. Still i don't know when should i cash-out from it but if it cross 100k$ then maybe i cash-out a little amount for celebrate

I am not a long term holder although I am very interested in becoming one. It is difficult to become a long-term holder when we still want to maintain capital growth by taking advantage of price volatility.

Long-term holders may be able to sell some of the bitcoin they hold only to withdraw the initial capital and start holding for every bitcoin they hold thereafter. If it was me, then I would do this option where every bitcoin I hold is the result of the profit I made so it doesn't matter if the price drops any time.

That's exactly it. Those of us who survived more than one cycle came to the conclusion that when all the dust settles, it's the selling at lows that we regret, not holding at highs.
When the price crashed I sold some of my coins and I know a guy who sold everything at a loss in 2014. Its those things that hurt you in the long run. When price hits a new high and it eventually will, you won't think that you did not sell at 60k. It won't matter because in your head you'll already be past that.

For me the hardest part was holding at really low prices when I knew I had very little value stored in my coins. When it became a lot of money it stopped bothering me. I knew that whatever happens I'll never have less than I had when I bought my first coin.

When you buy at 10k USD and it goes back to 3k that's where you feel bad and it begins to wear you down, making you want to end this and just sell and be done with it. When you buy at 10k and it goes to 60 and then back down to 20, it's just another day.

well nothing is wrong when cashing out Bitcoin because that is the purpose of it earning profit so that  you have something to spend on. I know a lot of us will really be confused on when to sell because we really dont know what is the next ATH and and that is the best time to sell but now the problem is how do you detect it, as my self i would say that it is not about when to sell it is about when you'll need a money because that is the time you really need it to spend it on important matter

Certainly not now. Haven't cashed anything since 2013 (actually never did) so now would be the worst time doing it. I'm sure good things will come someday and we will see BTC at $100K, $300K and beyond. The strong hands will win. The weak hands will lose.

I regretted not buying and holding BTC while it was still very cheap years ago, especially the time when I panic sell my BTC for USDT, but eventually that’s where the boom comes in days later and up to $60k during the time Elon Musk bought a lot of BTC and being bullish about it.

If I were to hold a large amount of BTC, I think it really depends on the situation like if there are big emergency cases. However for normal times like this, I wouldn’t sell even if it’s on an up or down trend and can be used as a collateral when I want to acquire something in real life that needs proof that I am more capable of affording that stuff. That’s just me of course.

I guess it is more evident to say now that we have seen what happened afterward that Bitcoins price can come back bigger even after a supposedly bad bear market where most people sell off just like what we might be experiencing now with this current market situation which ought to be a buy point for investors but most will still miss the opportunity because they will only invest during bull market.
Once you have come to understand Bitcoin, HODLing for the long term regardless of whatever situations are in between pays off in the end.

Long-term investing is one of the best strategies in crypto. The development of cryptocurrencies can make people curious about the success they have had from trading to long-term investments. for long term investments and when reaping the rewards of course when the market is pumping. BTC is one of the priority investments in my portfolio, it all depends on the conditions and the situation. If the market has provided profits according to the target, then immediately release it.

If you are a holder since the market price of the bitcoin crashes in the the 3k USD i guess anytime you can make a sell but if you are just a holder bought at the time of the price with the ATH and around 40k price of the bitcoin there's nothing wrong still bitcoin is bitcoin no matter what happen just the prices crashes but the amount of the bitcoin are still the same. For me when i hold for a long term ill do make an sell when it comes to the another ATH if the market goes back to the floor again.

many people are just as surprised as you are after BTC hit the highest ATH. You don't have to regret releasing BTC, even if the price goes up but you already get a return on your investment. crypto is very unpredictable and crypto often amazes everyone with current developments. talk about long term investment i agree with you to resell once the price reaches $100k

it should have been honestly but not everyone will be able to afford the longetivity of the duration because of one needs or the other, many have planned for a long time investment but could have the patience to the end thereby withdraw, I understand that sometimes we have matters beyond our capacity which are often refered to as unforseen circumstances which will prompt an opt-out for crypto investment.


This same people would have on countless times experience set back loosing quite a good amount worth a business start-up but maintain their stance with the commitment not to give, in shot everyone has a success story, but i know quite alright that everyone would prefer to cashout when its high just to realize profit but literally it doesn't work like that at the end.

When talking about bitcoin as an investment in bitcoin, in my opinion, right now can be the most appropriate moment to buy as much bitcoin as you can, even though the price is very expensive but it is very likely to be 100% very possible because it is seen from the cycle of bitcoin price movements experiencing price increases every 4 years makes bitcoin has the potential to price $100k soon.

Long term holders invest the money left after meeting all the life needs. So, they never intend to cashout the long term fund whereas the same doesn't happen with the short term holders. When it comes to short term holders, they just invest limiting their life expenses, so at some point of emergency requirement they cashout. This way short term holders weren't able to hold for long term even if they have the intention for it.