Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: Stablexcoin on March 24, 2024, 12:10:47 AM



Title: End Goal or Keep HODLing?
Post by: Stablexcoin on March 24, 2024, 12:10:47 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?



Title: Re: End Goal or Keep HODLing?
Post by: Troytech on March 24, 2024, 12:28:52 AM
You seem to get thigns wrong here, no one has such plans of holding bitcoin forever without selling or wants to die with their bitcoin, the caught here is to hold your bitcoin long enough for you to get some compounding effect on it, you know historically bitcoin has proven to favour long term holders more than short term holders and that's why most people teach to hold bitcoin for long cause its more safer and more profitable.

You know big companies like MSTR by Michael Saylor that said its better to sell his company shares than to seel his bitcoin, these men understand the value of bitcoin and hence wants to continue accumulating it.

I don't believe anyone is investing in bitcoin without any reason, or is holding for long without having any goal on what to use his bitcoin for maybe to buy a luxury car or a lifestyle, but to achieve such profits you must have a very reasonable amount of stake in bitcoin as it grows, so you should not just be holding bitcoin indefinitely but you should be thinking about accumulating and adding more bitcoin to your stash, so if you really want to hold for longer you would have a much better reward for your holdings, I recommend using the DCA strategy cause it helps reduce the impact of market volatility on your Portfolio and you can be very flexible around it, yeah if your someone who has a busy schedule and want to but on dips then DCA would also make sure to have some of that intervals bought on dip prices.


Title: Re: End Goal or Keep HODLing?
Post by: Obim34 on March 24, 2024, 12:30:40 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.
Do not get yourself mixed up, their is no correctness in all what you said here. We priorize ourselves into investing our money into Bitcoin not with the aim of staring at it in our wallet for ever probably till we kick the bucket, we did invest with the sole reason of making profits and living the life we hope for but still on the long run before we get the desired return of investment it is expected of us to hold for a long time.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


It's a good one for you being part of the Bitcoiners, very lovely to see your determination and patience towards holding Bitcoin for the long run till will supposingly hit the climax of our all time high just after the halving is completed. I would not emphasize on how and when you should sell your Bitcoin, it's something personal which you should decide by yourself. You can initially take part of your profit but not sell all, so you can experience another all time high after another cycle must have happened.


Title: Re: End Goal or Keep HODLing?
Post by: hugeblack on March 24, 2024, 02:14:55 AM
Keep HODLing usually means keeping Bitcoin for the longest possible period, but this period varies completely depending on the individual, the crises he is going through, the economic situation, age, and the price at which he plans to sell it. Some people want to keep Bitcoin for retirement, others for the well-being of their children, and others who plan to spend. After 10 or 20 years, if you have a stable job and life, you will rarely try to sell your Bitcoin.


Title: Re: End Goal or Keep HODLing?
Post by: btc78 on March 24, 2024, 02:23:49 AM
I think people who say they will hold forever are just exaggerating. They don’t actually mean they are never going to sell it but rather this kind of expression stems out from the belief that bitcoin is going to continuously grow hence the saying that they will hold on.

They will hold on until they die is kind of saying that no matter what happens, no amount of fud can make them sell their holdings. At least that’s what I think. I do not know any person who plans on never selling their coins.


Title: Re: End Goal or Keep HODLing?
Post by: boyptc on March 24, 2024, 04:22:56 AM
I sell when I want to because at this point I am already in great profit. But it won't stop me from holding because I have my own wallet designated for long term holding.

So, if you thinking that we are going to hold it until we die, it is your choice.

Money is there to be spent and enjoyed and if you dont want to do those, we are free to do what we wanna do.

There are some that has their end game and exit plan but as you can see, most of us here does have their owm retirement plans thru btc.


Title: Re: End Goal or Keep HODLing?
Post by: wxa7115 on March 24, 2024, 04:32:51 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


You are taking it too literal, when people say they will hold forever this is just a figure of speech, they just mean that they will either hold their bitcoin for as long as they can afford to do it, or that they will hold bitcoin for so long that by the time they want to spend some of it, they will spend bitcoin directly without the need to sell for fiat.

However it is up to each person to decide for how long they want to hold their bitcoin, so if you have a figure in your head at which you want to sell, you can do it as at the end that is your bitcoin and you can do what you want with it.


Title: Re: End Goal or Keep HODLing?
Post by: Solosanz on March 24, 2024, 04:43:02 AM
The only rule is there are no rules.

You can buy Bitcoin today and sell it tomorrow, no one cares.
You can buy Bitcoin today and sell it when the price reach $100K, no one cares.
You can buy Bitcoin today, sell it at the peak and buy again during bearish season, no one cares.
You can buy Bitcoin today and hold until you die, no one cares.
You can buy Bitcoin today and you send all of your coins to burn address, Satoshi's address or theymos's address, no one cares.


Title: Re: End Goal or Keep HODLing?
Post by: Bananington on March 24, 2024, 04:52:06 AM
The only rule is there are no rules.

You can buy Bitcoin today and sell it tomorrow, no one cares.
You can buy Bitcoin today and sell it when the price reach $100K, no one cares.
You can buy Bitcoin today, sell it at the peak and buy again during bearish season, no one cares.
You can buy Bitcoin today and hold until you die, no one cares.
You can buy Bitcoin today and you send all of your coins to burn address, Satoshi's address or theymos's address, no one cares.
No one cares indeed when we do the things we feel we want to do to keep our spirits alive.
What any person would do with their HODLings is entirely up to them. HoDL till anytime and liquidate or diversify or reinvest into another scheme. It's all up to you.
If there's a pressing need and you got the funds in your wallet to sort yourself, please do, afterall, if you die, someone would either claim the coins or it would be lost forever.


Title: Re: End Goal or Keep HODLing?
Post by: Asuspawer09 on March 24, 2024, 05:31:20 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?



I mean these are just subjective so anyone can do whatever they want to do, There were just some traders that HODL Bitcoin until the day they died, probably because they wanted their sons and daughters to inherit it because probably they believed that in the future Bitcoin is going to be in a much higher market price for sure, and nothing is wrong about that I dont really believe that they just want to hold it for long term and not use it at all but they just doing it so that someone could inherit it, a lot of people have different takes on this, personally I wouldn't really want to Hold Bitcoin for a very long time or until I die because it just didn't make sense to me not using that money that I invested my self, so for me its always a wise way to always take the profit if you could because the market is a cycle so there are always a opportunity to reinvest it and make a profit again, we could probably say that its a chill way to investment if your just doing it long term and just waiting for something to happened.

These long-term holders are people who already have a huge amount of money, I mean for someone who doesnt have a consistent income I wouldn't really recommend it, I mean at some point you gonna need to sell that Bitcoin if you just don't have the financial foundation so I could always recommend sell at your target market price if you can and not just holding it for life. As long as you're selling at a much higher market price and taking your profit you're not doing anything wrong. It's still subjective so if it's your investment you can do anything you want to it.


Title: Re: End Goal or Keep HODLing?
Post by: OcTradism on March 24, 2024, 06:28:38 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling.
If you don't have a business that can bring positive net income to you, you will have to sell your bitcoin to take profit, get cash to use. Never selling is only for people who are rich, have abundant budget and even extra capital for further investment in future like MicroStrategy.

As a retail investor, you will have to take profit but there are many ways to take profit. All at one sell order and exit the market.

You can take profit gradually but make sure always have bitcoin in your portfolio like this strategy from JayJuanGee.

[ANN] JJG Sustainable Bitcoin Withdrawal Strategy (https://bitcointalk.org/index.php?topic=5479482.0)
https://bitcoindata.science/withdrawal-strategy


Title: Re: End Goal or Keep HODLing?
Post by: Y3shot on March 24, 2024, 07:28:30 AM
The goal is to hodl to make profit,  without hodling it is impossible to make good profit in bitcoin. Getting profit in bitcoin doesn't mean you need hodl forever. We all have a target, while hodling when we hit the profit thst is okay one has the right to sell out.  Just keep hodling until you get the profit that you are satisfied with, doesn't necessarily mean you must hodl forever.


Title: Re: End Goal or Keep HODLing?
Post by: mindrust on March 24, 2024, 07:38:42 AM
Everybody has different goals in life it is because everybody is in a different situation. Some of them are young, some are older... Some have good paying jobs, some are unemployed. Some are married, some are single. Some people want a happy quiet life, some wants all the flash lambos and shiet. Different expectations, different cases. Some people need a x100 coin to be happy, some people just look for a hard currency.

Depending on what you want, your strategy changes too.

Some people for example keep only 5% to 10% in crypto. When its worth goes above 10%, they sell the excessive amount. When it goes below 5%, they add more to keep it at 5%. I used to follow this strategy and it was a good one. It is like managing a fund. It won't make you rich but you'll always have some exposure to crypto.


Title: Re: End Goal or Keep HODLing?
Post by: tbct_mt2 on March 24, 2024, 07:45:10 AM
Depending on what you want, your strategy changes too.

Some people for example keep only 5% to 10% in crypto. When its worth goes above 10%, they sell the excessive amount. When it goes below 5%, they add more to keep it at 5%. I used to follow this strategy and it was a good one. It is like managing a fund. It won't make you rich but you'll always have some exposure to crypto.
Capital management is first important thing. How many percent of your capital is your favorite to assign for Bitcoin and cryptocurrency, will decide whether you stay in the market, hold your cryptocurrency or will take profit all and exit the market, or just take profit partially.

Assume you want like minimum 20% of your capital in cryptocurrency, if your portfolio is up 100%, it is not bad to take profit most of it to have cash in your capital drops back to 20% or higher.

Your portfolio can be change with time, capital distribution can be changed with time but if you get profit, re-balance your capital is good practice.


Title: Re: End Goal or Keep HODLing?
Post by: kentrolla on March 24, 2024, 07:55:49 AM
Seems like you missed out to build a strategy I mean we cannot hodl Bitcoin forever and I will tell you what I usually do i have started DCA and now accumulated decent amount of Bitcoin and though I have been holding for long term but I would sell it off at the peak of Bull run else I would Ave my funds in bearish market and wait for few years which would be waste of time. We need to learn on taking profits. You may take profit at peak and then reinvest during bear market but let the DCA continue.


Title: Re: End Goal or Keep HODLing?
Post by: DabsPoorVersion on March 24, 2024, 07:57:21 AM
Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


Let me ask you, what is your goal the first time you invest in Bitcoin? It is to earn a profit with your investment, right? In that case, you don't need to hold your Bitcoin forever, think of a price target and if you think you are satisfied with your earnings, you can sell anytime you want as long as you have a profit.

Don't just invest, learn to make a profit. Remember that you can reinvest anytime if we enter again the bear market, the bull market is the season where we should be enjoying our profit and not just holding our investment. Withdraw a partial of it if you don't want to leave without any investment, at least you can enjoy and feel the success of your investment.


Title: Re: End Goal or Keep HODLing?
Post by: 0t3p0t on March 24, 2024, 08:01:07 AM
I think you should rely on your own decisions regarding this matter so you won't end up pointing fingers or blaming yourself or others. I think setting your own goal is the best thing to do here, once you reach your goal or the target price you want you can take your profit and leave the rest for future purposes. Don't be fooled on what others would say because at the end of the day you yourself will still be the only one to face consequences as it is your money and capital you poured into Bitcoin investments.


Title: Re: End Goal or Keep HODLing?
Post by: AnonBitCoiner on March 24, 2024, 08:11:30 AM


Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

You should not keep your bitcoin forever because if you keep it forever then how you will take profit from it? We are doing investment just to enhance our money so if we reaches to our target then it is better to sell bitcoin otherwise you will never be able to take benefit from your investment.

If you still don't want to sell your bitcoin during or after halving then at least sell some of them to take your profit so if unfortunately the price of bitcoin reduces then you will not be worried about your profit and will be able to wait more until next bull season arrives but it is not possible to take benefit if you keep your bitcoin forever.


Title: Re: End Goal or Keep HODLing?
Post by: teamsherry on March 24, 2024, 08:54:05 AM
I think everyone should have their own time limit for how long they would decide to hold bitcoin for and yeah I you wish you could be busy playing around with your holdings buy selling do early when you haven't reached a long time range, I think it's better to sell after a long period of time than to sell for short term.


Title: Re: End Goal or Keep HODLing?
Post by: arjunmujay on March 24, 2024, 09:05:01 AM
Sometimes there are investors who want to continue adding to their portfolio until they die. and will be continued by his heirs. So it's possible that if you continue to invest in Bitcoin, it will be passed down to your children.
but if you are one of those who invest for yourself, as long as your investment can fulfill all your needs for the rest of your life, that's enough and sell.


Title: Re: End Goal or Keep HODLing?
Post by: Ayers on March 24, 2024, 09:23:03 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.




I agree with you, I also see some people out there and right on this forum saying they will hold bitcoin forever and will never sell it. I don't really understand what they mean, but if they intend to keep bitcoin until they die then that is the stupidest idea. After all, we all see bitcoin as a tool to create more wealth, but how to do that if we just hold it and never sell it? Bitcoin will be useless if it is not used or does not help us, even if its value reaches millions of dollars.


Title: Re: End Goal or Keep HODLing?
Post by: Mrbluntzy on March 24, 2024, 09:24:03 AM
People that don't want to sell their Bitcoin till death are those that have the goal of passing it on to their children or grandchildren. For example if you are a billionaire and you bought like 50 BTC and at same time you still have many source of income, you may not have the need to spend your Bitcoin for years and can even decide to will it to your children. I will keep holding my small Bitcoin and I will also continue to work on my self so that after my academics, I can get a good job and start a good business. If my goal goes as planned, I will hold my Bitcoin for more than a decade before I sell and if by that time, there is not need to sell, I will continue holding.


Title: Re: End Goal or Keep HODLing?
Post by: Nrcewker on March 24, 2024, 09:24:15 AM
If you can survive while the investment is on, then it’s better to keep the Bitcoins untouched. Only cashout at that time when you need emergency of funds or really need the funds to spend on some big luxuries. Bitcoins will always keep on increasing I would say. The reason is pretty simple, as Bitcoins are limited in supply, and the demand to accumulate it, is increasing day by day. Hence, It would be ideal to keep the investment on in order to yield the maximum profit possible.


Title: Re: End Goal or Keep HODLing?
Post by: lovesmayfamilis on March 24, 2024, 09:33:35 AM
Buying Bitcoins and holding them for life completely defeats the purpose of the goal you would like to achieve. Everyone here has completely different plans, which is why they decide to invest in bitcoins. I often hear recommendations that are similar to advise, so under no circumstances should people sell their bitcoins. But why? I'm not going to live forever, so whenever I feel like I need to sell, I do. I don’t understand those who want to save on everything now to be richer later. Likewise, I prefer to live here and now.


Title: Re: End Goal or Keep HODLing?
Post by: Alone055 on March 24, 2024, 09:35:30 AM
There is no specific answer to this question. Every individual will have a different mindset and financial goals when it comes to their investments, and the individual himself can decide whether they should sell their assets at a certain price point or keep holding them.

I can't suggest that you keep holding your Bitcoin or sell it because you might have a different goal in your mind than what I have been thinking, similarly, you can't act upon other's suggestions in such matters and it should be based on your personal financial goals and targets.


Title: Re: End Goal or Keep HODLing?
Post by: Wapfika on March 24, 2024, 09:39:36 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

Most user that made such comments are those who just exaggerates their words that really means holding long term until target price reached. Everyone here invest on Bitcoin to have profit and it’s really nonsense to never sell it because if the intention just to help Bitcoin price to grow by buying and never sell then just send the purchased Bitcoin directly to Satoshi wallet address to make sure that it will never be sold.

Deciding holding long term even though the price is already on the current ATH is not really smart move because you can always re-enter during correction to have a much larger quantity of Bitcoin that will bring you more profit in long term.


Title: Re: End Goal or Keep HODLing?
Post by: leonair on March 24, 2024, 10:16:26 AM
One of the objectives of holding is to make a profit, but since we do not know the last dollar price of Bitcoin, we are encouraged to invest long-term so that we can make a lot of profit from it. Bitcoin is always making new ATH so if our target is $100k then after our target is met we should sell 50-80% holding and hold the remaining bitcoins again with a new target. and again investing in new targets using DCA methodology. I think it is always possible to get good returns this way


Title: Re: End Goal or Keep HODLing?
Post by: Maus0728 on March 24, 2024, 10:35:18 AM
It's probably because it's none of your business or any of us to know if a person's hodling their bitcoin, it's not really worth talking about what you're hodling anyway, it's not a good conversation starter and it's something that you should be talking about when someone asks you and you consent in talking about hodling, another thing, bitcoin or any cryptocurrency for that matter is a financial tool and it should be private as much as possible because who knows who'll hear about you hodling bitcoin, throughout history, those who extravagantly flaunt their wealth are the type of people to have their money get stolen from them.

When it comes to that question of hodling forever or selling at some point, let me ask you this, are you well off enough that you'd just hodl that bitcoin and give it as a inheritance to your children or grandchildren? Or are you planning on buying something to live a more stable and secure life? If you choose the former, then good for you, I guess you'd be hodling all your life but if you choose the latter then it's probably a good idea for you to set a goal price that you'd be selling everything since you're not hodling forever, you're going to be needing to take that profit no matter what.

If I were to sum up my answer to your question, I'd say that it's a good idea to hodl your bitcoin for the long-term but never marry the bag that you end up not enjoying the profits of your investments.


Title: Re: End Goal or Keep HODLing?
Post by: oktana on March 24, 2024, 11:09:06 AM
Just like every investments, there’s a time to take profit. The ideology of hodling for long term is so you can make as much profit as possible. And if you were to do a comparison with those who invested short term, you’ve earned 3X and they haven’t. Now you’ve made gains, it’s your choice when to take profit and if you want to keep holding (probably because you see a bigger picture than what exists today).


Title: Re: End Goal or Keep HODLing?
Post by: Crypt0Gore on March 24, 2024, 11:11:01 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


OP what do you think?

What do you want out of Bitcoin?

You don't have to do what others are doing, I hope you know that, just make up your own mind and do what you want with Bitcoin, you don't have to hold until the end of time, although I dont want to live without no Bitcoin at all.

Have your plan, you can hold for the short term or long term, it's your Bitcoin, so do whatever you like, I have Bitcoin and I plan to hold for a long time, this won't stop me from taking profits either, do not forget that there will always be a bear market and bull market.

It makes less sense to hold Bitcoin through a bear market just because you dont want to be out of Bitcoin, I will always sell in a bull market, secure some profits, and buy back in a bear market, this will increase your bitcoin than holding and buying.


Title: Re: End Goal or Keep HODLing?
Post by: Assface16678 on March 24, 2024, 11:22:55 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.




I agree with you, I also see some people out there and right on this forum saying they will hold bitcoin forever and will never sell it. I don't really understand what they mean, but if they intend to keep bitcoin until they die then that is the stupidest idea. After all, we all see bitcoin as a tool to create more wealth, but how to do that if we just hold it and never sell it? Bitcoin will be useless if it is not used or does not help us, even if its value reaches millions of dollars.
Well, I don't think it is right for you to say "stupidest idea." How can you judge them? It's their own holdings or assets, not yours, so what can you say? If they choose their assets to be with their graves, then let them be. If for you, bitcoin is something that could bring you wealth, so be it. Don't call someone's decision or desire to be stupid; you don't know anything from them.

Anyway, as for me, I also don't sell the majority of my holdings. When there is a good movement or bull run, or like what happened recently when the bitcoin price set another ATH, I sell only a small portion. Because that's the only thing I need, I only sell the assets I need, whether for needs or wants, as I want to see how far bitcoin can go and whether it will be beneficial for me to hold my assets for too long.


Title: Re: End Goal or Keep HODLing?
Post by: Blitzboy on March 24, 2024, 02:06:47 PM
Bitcoin is about smarts, not luck. HODLing? Selling? A winning plan is needed for this tough decision.

Please note that HODLing is not for lazy people. Viewing the big picture. Bitcoin is a revolution, not a stock. They dont print more, therefore value rises. People simply want it. Bitcoin has made tremendous gains in the past. If you think it keeps rising, you're not crazy.

However, clever investors know when to act. Setting a goal is navigating, not quitting. Determine your risk tolerance and what makes sense. At that number, boom! We must reconsider. You could sell some, profit, and invest the rest. Balance, market knowledge, and sharpness matter.

YOU decide whether to hold or sell. Make it count. Bitcoin is the future, not simply money. Keep reading, follow trends, and act confidently. Winners go that way.


Title: Re: End Goal or Keep HODLing?
Post by: stompix on March 24, 2024, 02:23:44 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

Learn to differentiate between what people say and what people do!
On social media and on forums like this everyone is balls of steel, keep hodling, etc, in reality even as some type hodl they push the sell button.

And even leaving this aspect aside, nobody says to keep the coins till you die, more like keeping them instead of going to fiat again is a better solution, if you don't need the money and you believe in the future of the coin why sell? What would be the point? If you feel safer with $ than with BTC it simply means you don't trust BTC

On what principles guide your actions in the realm of Bitcoin (BTC)?

Desires and means to fulfill said desires!



Title: Re: End Goal or Keep HODLing?
Post by: Stable090 on March 24, 2024, 02:51:08 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.
Everyone is always setting targets for themselves, and they do want to hold bitcoin till they archive their target. If you don’t want to sell your bitcoin, then it’s your choice. Some people will want to leave their bitcoin for their children, so if you are investing in bitcoin, if you notice you are satisfied with the profit you have made, you can just decide to sell all your bitcoin, and you can decide to sell part of your bitcoin and keep on holding the remaining one. After the next bull run, I am going to sell like 70 percent of my bitcoin, and I will leave the remaining bitcoin.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
It’s left for you to decide. I don’t think anyone should tell you what you are supposed to do with your money. If you want to set a goal, and after achieving it, you are going to tell it, or you are going to hold it forever, you should make the decision yourself.


Title: Re: End Goal or Keep HODLing?
Post by: m2017 on March 24, 2024, 03:27:49 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.
If someone doesn't want to sell bitcoin until the end of their days, then this is only their personal decision, which you don't have to adhere to.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.
x3 profit is quite good. How many “ financial tools” do you know that allow you to repeat this? So, you can be content with this result. If you kept this money in traditional money, you would have already spent it on all sorts of nonsense or would have received -x1.5-x2 due to inflation.

Or do you still want to keep bitcoin until your death? But what's the point? Then it turns out that you made x0 profit.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
Will you really do exactly what I tell you to do? :)

You should personally create an investment strategy for yourself and stick to it, rather than asking others what to do.

Any investment, if successful, must be implemented. That is, at some point the profit must be realized and taken by you, otherwise it is already charity.

What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?
The classic investor strategy: buy low, sell high to make a profit.


Title: Re: End Goal or Keep HODLing?
Post by: Ricardo11 on March 24, 2024, 04:37:44 PM
The main goal of holding Bitcoin is to make good profits, and this requires long-term holdings. Every man has a dream and every man wants to fulfill that dream. And for this all usually save money in a bank or with themselves, while the amount of money they keep remains the same and their savings do not increase. But if they hold on to Bitcoin for a long time, that savings can grow over time and thus they can make huge profits. Everyone usually holds bitcoins for fulfilling their dreams or for good earnings and the longer term it is the more profitable it is and that is why it is said to hold bitcoins for the long term.


Title: Re: End Goal or Keep HODLing?
Post by: cr1776 on March 24, 2024, 04:40:36 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?

What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


One point is that eventually you won't need to sell bitcoin, you can transact in it without having to cash out into fiat.  That is a few orders of magnitude away from here though.  Holding it is even more important for those in countries with very high inflation rates or the prospect of currency controls etc.  In other words, it is smart for everyone to have some.


Title: Re: End Goal or Keep HODLing?
Post by: NeuroticFish on March 24, 2024, 04:54:28 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

It starts with the fact that the main rule is to invest only what you afford to lose. And if one has the possibility to keep the investment on, never sell and give it to his kids, why not?
But imho it's not a healthy approach. Imho it's healthier to sell some, now and then, if that becomes meaningful.

Just beware, any approach is a double edged sword. For example I hope that I could get to retire a tad earlier. Just, since I am living by "sell some" rule, plus for me Bitcoin was also earning, not that much of investment, I sold (to buy daily normal stuff) most of the coins I've earned. And this doesn't help much to my goal. It helped Bitcoin economy though.

So you can get to regret you've sold. Or you can regret you never got to benefit your investment. Pick one!  :D


Title: Re: End Goal or Keep HODLing?
Post by: kryptqnick on March 24, 2024, 04:54:37 PM
Op has a good point. I live in a region that went through a major crisis in the 90s, and a lot of people lost tons of money they've been saving up for a very long time almost overnight. The problem was that they kept saving up and didn't cash out because they didn't think anything would happen, and they didn't have an end goal. While I don't think Bitcoin will collapse like that, I believe that hodling indefinitely without a goal of what to do with that wealth and without even enjoying the profits is as good as having zero BTC because then it's just useless numbers on the screen.
I think it's healthy to sell some BTC from time to time, or at least to have an idea of what one wants to be able to afford with Bitcoin eventually.


Title: Re: End Goal or Keep HODLing?
Post by: Nanga Parbat on March 24, 2024, 06:49:11 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.
What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?

A long term means when the price of Bitcoin goes above your purchase price, like your said no Bitcoin will sell for life.
Then you will not invest in it, you will be greedy that the price is going up and you will continue to hold pay.
Go buy on dip then hold until you get profit and when you get profit then book the profit and don't hang your investment and trade.


Title: Re: End Goal or Keep HODLing?
Post by: LogitechMouse on March 24, 2024, 06:56:05 PM
~
Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
Just follow these 3 simple steps IN ORDER:
1. Sell during the bull market.
2. Buy during the bear market.
3. Continue accumulating after the bear market.

Right now, we are entering the bull run. It's a perfect time to sell your assets like Bitcoin or whatever crypto you are holding. Always, always take profit because the main goal of an investor is to make profits. Now when you sold your tokens already, wait for the bear market to happen, and that happens usually after the bull market. At that moment, you have the money that you got from selling your assets. When we are in a bear market, prices go down, and that's the perfect opportunity for you to buy Bitcoin or whatever cryptocurrency you want to buy. After the bear market comes the accumulation phase, and even though the prices at that time isn't as low as when it's still in the bear market, I can say that it's still a good time to buy some coins in preparation for the bull run.

Always take note that the market moves in cycles, so make a strategy based on the cycle as well. This kind of strategy takes time, but it works every time. Just imagine you bought some Bitcoins way back in 2020 and sold it in 2021 then bought again in 2022, 2023, and 2024. Holding your Bitcoin forever without selling is a stupid strategy because there will be a point where you will sell it for some reasons. As an investor, your main goal is to sell your assets and take some profits.


Title: Re: End Goal or Keep HODLing?
Post by: Rruchi man on March 24, 2024, 07:34:38 PM
Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
Nobody on this forum has the right to dictate what you do with your Bitcoin by the time he hits a target that you're okay with. You will Always hear people talk about hodling bitcoins for as long as possible, the "as possible" from that statement means to the point when you are okay with hodling and then decide to sell off some for other purpose.

While hodling your bitcoins, have  a target and a purpose for hodling, having a target or a purpose for hodling can be something to motivate you into hodling more.


Title: Re: End Goal or Keep HODLing?
Post by: Akbarkoe on March 24, 2024, 07:35:32 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
It is important for someone in financial matters to set targets, especially if you are an investor, of course you must have your goals as an investor, whether it is a pension fund or just going to be used as a hedge of your wealth or even you make it a place to make money in a period of 4 years or even every day, of course you must have a goal and make sure that you have a benchmark in any investment.

If you are confused today to withdraw money in bitcoin but there is no urgency whatsoever in your needs why not hold it as long as you believe that bitcoin will create a new ATH that is higher than before, you have to look at yourself first and then make a wise decision, honestly taking profits or taking capital is enough and leave the rest for the increase in bitcoin that you have estimated.


Title: Re: End Goal or Keep HODLing?
Post by: BIT-BENDER on March 24, 2024, 07:43:18 PM
Always do what you have had in mind, never ask what you should do from complete strangers here in Crypto-currency rather you see reasons or advice on the potentials possibility or risk in making any moves and then you check which is best for you, right now Bitcoin has not gotten complete take over compared to Fiat so you would still need Fiat and from the looks of things you are an investor and you need that profit for yourself.

Many people who has made up their mind to hold Bitcoin for life either has alot or has other sources of income, like myself I see Bitcoin as something I would use freely in the future but I am not foolish not to have other sources of income to help me carry on holding Bitcoin.


Title: Re: End Goal or Keep HODLing?
Post by: Winterfrost on March 24, 2024, 07:53:52 PM
Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


what motivated you to invest into Bitcoin in the first place? I guess You didn't just invest into Bitcoin because you saw people doing so.

The decision to withdraw your holding at certain time along your investment journey is dependent on wether you've reached your investment goal or you have a pressing need you want to use your investment for. As long as you're not in a haste to sell use your holding, the I will advice you keep holding on to your investment but if you've reached your goal and you're probably at a profit that's cool enough for you, then it's okay to take off your investment.

I think I don't subscribe well to that either of keeping your investment forever. As long as you're in profit, don't wait too long before getting a profit out of your investment. You can decide to take part of your profit and maybe reinvest part back into it since you're probably at a comfortable profit level which might allow you to take advantage of buying during the DIP.


Title: Re: End Goal or Keep HODLing?
Post by: Franctoshi on March 24, 2024, 08:05:35 PM
First of all ask yourself what is your aim of Buying Bitcoin in the first place, each investor has it's own target or goal , However, Bitcoin is money and you can hold your Bitcoin to any duration of time you want, using myself for instant, I usually take my profit out the table as we keep hitting new highs, while at the end of the cycle my capital remains intact and which I use to accumulate Bitcoin during the next phase of the market.


Title: Re: End Goal or Keep HODLing?
Post by: BABY SHOES on March 24, 2024, 08:07:12 PM
I think it's the wrong principle to hold it for years or until death will not sell it then what is the benefit of him not enjoying the profit?

What is meant by HODL in the long term varies, it can be 10 years or more because they will assume that with that time they are still old and they still feel how the long-term benefits of bitcoin, so I will also determine a certain period of time or in other emergencies.

About your investment that has 3x profit then you can decide for yourself whether the 3x profit is worth it? Do you need immediate funds, if you believe ATH will happen again then make sure it's HODL considering the halving is still not yet then the bullish will continue, but the decision will remain with you not others.


Title: Re: End Goal or Keep HODLing?
Post by: DaNNy001 on March 24, 2024, 08:32:40 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


Your thoughts on this is really funny, but it's still valid to some extent but I think you just have some things twisted up a little bit. Holding your coins isn't exactly fixed for everyone, because I believe you are the one to set the barrier to which is okay for you to actually sell the Bitcoin. Besides what's the essence of actually holding the coins in the first place ? I believe people do this for the huge profits that is possibly tied to it and besides how would save your coins till death, then why did you save ?


Title: Re: End Goal or Keep HODLing?
Post by: Moreno233 on March 24, 2024, 08:42:16 PM
Keep HODLing usually means keeping Bitcoin for the longest possible period, but this period varies completely depending on the individual, the crises he is going through, the economic situation, age, and the price at which he plans to sell it. Some people want to keep Bitcoin for retirement, others for the well-being of their children, and others who plan to spend. After 10 or 20 years, if you have a stable job and life, you will rarely try to sell your Bitcoin.
I have learnt a new initiative that is helping me HODL my Bitcoin better and that is setting up emergency funds. I think this should be one of the best thing I learnt in this forum beside the DCA method of buying Bitcoin. Now the approach is that any funds that I get, I keep the part for my basic needs, then keep some part as emergency funds for any unexpecting thing that might happen which were not planned for. Then it is from part of the remaining that I will invest in Bitcoin. This way, I will not be pressured to sell my Bitcoin when I do not plan to. In other words, the emergency fund is like a protection of my Bitcoin and with its implementation, I have confidence that I will be able to HODL my Bitcoin for as long as it is necessary.


Title: Re: End Goal or Keep HODLing?
Post by: GbitG on March 24, 2024, 08:48:02 PM
Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
No, absolutely not. You should not keep Bitcoin forever. You have misunderstood the concept. Holding Bitcoin does not mean that you will do it forever. The sentence about long term holding has been described as a parable. This means that according to my estimate, it is 10–12 years, at least hold your assets for this time, and then you can get a superb profit

~
Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
Just follow these 3 simple steps IN ORDER:
1. Sell during the bull market.
2. Buy during the bear market.
3. Continue accumulating after the bear market.
Yes, these are the steps that are very clear to set up a goal. If you want to have a goal or target for your investment, that means if you want to keep Bitcion for the long term, I think you will not get better steps than this. Sell in the bull market and organize profit. It means to buy Bitcoin in a dip,like in its lower zzone,by looking at it from the perspective of technical analysis. Accumulate Bitcoin for yourself under the DCA strategy of passing the bear market. 
 
This is the principle that every bitcoin holder follows.


Title: Re: End Goal or Keep HODLing?
Post by: _BlackStar on March 24, 2024, 08:48:12 PM
Be assured of one thing - all the people who come to invest are those who want profits, no matter when is the best time for them to get them. Long-term investment [holding bitcoin] is a choice that is not mandatory for anyone - but if you are planning to do it, then you are part of the investors who have big plans in the long term.

You'll also sell it at some point instead of continuing to hold it - but if your investment in bitcoin is for your retirement, you're likely prepared to face any market consequences until you cash it out in old age. Bitcoin will be worth more over time although it is difficult to say for sure - however I believe that increasing adoption and increasing investment interest will make it more expensive over time.


Title: Re: End Goal or Keep HODLing?
Post by: Huppercase on March 24, 2024, 09:05:39 PM
I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?

Right within you, there is a voice telling you what you should do, others opinion should just be an additional or perhaps to quantify your own strategy. I'm saying this because some people has blame others for not telling them to sell their coins at the top when Bitcoin was all time high in the last run and the have settle for their loss. If you have 3x of your investment in Bitcoin, maybe you should just sell and then buy back if their is any dip in the future and if there is not, then you stay neutral for a while and then put more money together and buy when you have the chance.

Buying more close to the previous all time high is not a perfect way to buy Bitcoin because you are buying below the resistance. If in the end we cross the all time high after the halving, then you can buy again because I believe then bull run should be fully in by then but don't forget to exit again when you have enough profits because it would be really bad feeling for all these stress without having profits.


Title: Re: End Goal or Keep HODLing?
Post by: nurilham on March 24, 2024, 09:32:34 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.
Many people? I don't think there are many people who hold Bitcoin for many years. Most people only hold Bitcoin for 4 years, they are targeting to sell in the bullrun season. Even if there are people who said they will hold Bitcoin forever, honestly I don't really believe them. IMO, every people who invest in Bitcoin, they must have the time for entry and exit. There is no term of holding forever, it is not the way of investment.  :-\

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
You must have your own goal in investment, don't follow others!!
It is not a must to hold your Bitcoin forever, I even suggest you to take profits when Bitcoin reach the ATH. We can rebuy in the next bearish season, why we don't take the advantage in the bullrun season? When it reaches your goal, kindly sell your Bitcoin, buddy.



Title: Re: End Goal or Keep HODLing?
Post by: Ryu_Ar1 on March 24, 2024, 09:35:22 PM
Holding bitcoin for a long time does not mean that it will not let go of it, friend, it's just that the target we want to achieve has not been touched so there are still many people who will be in bitcoin and hold it for a longer period of time.
As I do now I still hold bitcoin alone even though the current profit cannot be denied it has multiplied when compared to the total investment I made but I will still hold it because my profit target is not at the current value but for a higher one.

If in the end those who are in bitcoin (already profitable) release it like you did it actually doesn't matter because everyone has their own target and now you think that it's your target and that's very good because you've made a profit in it but that doesn't mean other people will also be the same because in the end all have their own goals and don't think that those who are in bitcoin now will not release it because it's not possible to happen it's just that the time needed is longer because the purpose of the stop is not now.


Title: Re: End Goal or Keep HODLing?
Post by: mirakal on March 24, 2024, 09:36:21 PM
Always go back to the reason why you invested in the first place. If you are looking for profits, then obviously you need to sell those coins you have been hodling once you reach your target goal price. However, if you are here to invest for your retirement, then don’t bother yourself selling at the moment but always keep your coins and continue hodling. That’s simple as that.

Nevertheless, always know that there’s no such term as forever hodling that you won’t sell your coins at some point because you intend to hold it for the rest of your life. If you do that, you are beating your purpose why you invested in the first place. Hodling does not mean you don’t sell in the end, of course you still have to sell in the end so you can reap your profits that you have been working and earning hard in the very first place.


Title: Re: End Goal or Keep HODLing?
Post by: PX-Z on March 24, 2024, 09:36:22 PM
If things are going south no need to keep holding because you will just regret it. That's the experience many got on the last 2017 ATH. I hope people learn that way already. If you're came holding from 50k below, i expect you already profit some on the ATH this month. But if you came holding from 60k, it's okay to hold but just like i said learn how to let got, but so far price is keep pushing upwards again.


Title: Re: End Goal or Keep HODLing?
Post by: The Cryptovator on March 24, 2024, 09:55:08 PM
Each individual should have their own goal for selling their holdings. Bitcoin for life, of course, not for lifetime holdings. Who will use our bitcoin if we die? What's the benefit of holding Bitcoin if it can't change my lifestyle even when I am making big profits? For me, I sell my crypto whenever I need it. It doesn't matter how much profit I have. But I'm not going to sell everything unless I need it in my real life. Even you can take advantage of the volatility. When Bitcoin reaches a significant price range, like surpassing the previous ATH and creating a new ATH, you can sell and wait for a dip to accumulate again. That's how you can still keep holding and cashing out your profits. 


Title: Re: End Goal or Keep HODLing?
Post by: Z_MBFM on March 24, 2024, 09:58:09 PM
If things are going south no need to keep holding because you will just regret it. That's the experience many got on the last 2017 ATH. I hope people learn that way already. If you're came holding from 50k below, i expect you already profit some on the ATH this month. But if you came holding from 60k, it's okay to hold but just like i said learn how to let got, but so far price is keep pushing upwards again.
After bitcoin made its first ATH in 2017, we thought that bitcoin price might not go down any further but btc price then dropped to $3200.  Seeing this scene, many lost faith in Bitcoin, but Bitcoin broke through those hurdles to set a new ATH at $68k, setting a record again, and btc price followed suit at $15k. and now the new ATH of btc again. Bitcoin is a really strange thing.  It can be held but subject to capacity.  But of course it has to be held indefinitely not for short time


Title: Re: End Goal or Keep HODLing?
Post by: Odusko on March 24, 2024, 10:08:42 PM
Bitcoin as along term investment simply means that you give a long terms specific timing to it, but before you do so you have to study the price of bitcoin and how it value have tracended over time, this is much more so that we have to alot at least 4-5 years time frame for us to hold our bitcoin as an investment, this period may be a time for steady purchase of bitcoin along the way, and also making sure that all the copenents that make up for the timing and it accuracy must be observed.
By so doing, when you achieve a portion of your income and cash flow into buying bitcoin be it at once or buying in smaller portions along with time, both will bring you to that stage that you Mostly desired if you pay out the game of time and you allocate 5 years investment plan, which is long term.


Title: Re: End Goal or Keep HODLing?
Post by: Finestream on March 24, 2024, 10:52:05 PM
Always do what you have had in mind, never ask what you should do from complete strangers here in Crypto-currency rather you see reasons or advice on the potentials possibility or risk in making any moves and then you check which is best for you, right now Bitcoin has not gotten complete take over compared to Fiat so you would still need Fiat and from the looks of things you are an investor and you need that profit for yourself.

Many people who has made up their mind to hold Bitcoin for life either has alot or has other sources of income, like myself I see Bitcoin as something I would use freely in the future but I am not foolish not to have other sources of income to help me carry on holding Bitcoin.
The first and foremost rule everytime you decide to invest is look for a stable job first so you won’t rely from your investment. If you do, then there will be bigger chances for you not to sell your coins earlier than your target price. While hodling is the key to massive profits with bitcoin, but hodling without plans of selling is nonsense. Although you can hold as long as you want, but in the end, you still have to sell them off so you can enjoy the fruits of your hardwork.

However, if you rely solely in your investment without getting a real job is another story. If you are doing that, honestly you will not succeed in any long term investment, most particularly for bitcoin where it’s considered a highly volatile investment.


Title: Re: End Goal or Keep HODLing?
Post by: Kliss on March 25, 2024, 08:55:23 AM
Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
Having an investment in  bitcoin and holding on to your bitcoin is amazing. The decision of whether to keep HODling or set a goal and sell is a personal one. Some people believe in the  long term potential of bitcoin and choose to hold onto it for a very long time while others prefer to set goals and take profits when they reach their targets. It all depends on your personal goals and finding what works best for you and aligns with your own investment plans. My own opinion to you is to keep HODling your bitcoin since there are more potential in bitcoin at the moment and your profit can still increase above what you have now.


Title: Re: End Goal or Keep HODLing?
Post by: Ayers on March 25, 2024, 09:05:57 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.




I agree with you, I also see some people out there and right on this forum saying they will hold bitcoin forever and will never sell it. I don't really understand what they mean, but if they intend to keep bitcoin until they die then that is the stupidest idea. After all, we all see bitcoin as a tool to create more wealth, but how to do that if we just hold it and never sell it? Bitcoin will be useless if it is not used or does not help us, even if its value reaches millions of dollars.
Well, I don't think it is right for you to say "stupidest idea." How can you judge them? It's their own holdings or assets, not yours, so what can you say? If they choose their assets to be with their graves, then let them be. If for you, bitcoin is something that could bring you wealth, so be it. Don't call someone's decision or desire to be stupid; you don't know anything from them.

Anyway, as for me, I also don't sell the majority of my holdings. When there is a good movement or bull run, or like what happened recently when the bitcoin price set another ATH, I sell only a small portion. Because that's the only thing I need, I only sell the assets I need, whether for needs or wants, as I want to see how far bitcoin can go and whether it will be beneficial for me to hold my assets for too long.

Oh, I'm sorry if that upsets you. Perhaps each person will have a different life strategy and we should respect each other's decisions, you are very right. For me, whether bitcoin or any asset, I only use it for one purpose: to make my life and my family's life better. There is nothing more important than my family and bitcoin is no exception. Once I reach my goal with bitcoin, I'm ready to sell it.

Of course I would still hold or repurchase bitcoin if I felt it was still beneficial to me but certainly, I would not hold on to it until I die without using it.


Title: Re: End Goal or Keep HODLing?
Post by: kotajikikox on March 25, 2024, 09:08:41 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.
that is exaggerating mate because who will keep holding till they die? you seems to not know what you are saying though long term holder wanted tokeep their coin even long.

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I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.
you can take profit , its yours to decide mate so better to think it again  ;D

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Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


you must have your own target price to sell or takeout your money , because you must  not ask us for your money , but if you are asking me? I will keep holding till bitcoin reaches 100k and above.


Title: Re: End Goal or Keep HODLing?
Post by: ultrloa on March 25, 2024, 09:14:58 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?



What people just said is just a suggestion and its up to you if you listen. What's more important there is your decision since you are the one who can determine if some scenario is enough for you and want to get out. But make sure that you already settle and no doubts nor regrets that why did you decide to sell.

Its important that you have timeline set on your holdings also strategies so that you will not get bothered on some peoples opinion and can able to continue what you want to happen on your investment. Just remember that you are the one who can create a good result on your investment so think more better and create good decisions. Don't base your thoughts depends on other people opinion since not all the time they are right.


Title: Re: End Goal or Keep HODLing?
Post by: crwth on March 25, 2024, 03:31:26 PM
Personally, I see it as a currency in terms of use of service and not just the part where it's valuable that it is being used on a day-to-day basis. It's not ideal now obviously but integrating it would be nice.

In terms of the end goal, I think it's never going to be enough now, especially seeing how valuable it really is now. It's just really amazing. I wouldn't sell unless I need to.


Title: Re: End Goal or Keep HODLing?
Post by: Baki202 on March 25, 2024, 03:58:29 PM
Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


Depending on you, as people do sell even when they aren't profitable for various reasons. Therefore, it all depends on the individual. At some point, the price will reach a place where you can sell, take your profit, and either wait for the next bad market or sell some of it and keep the remainder. Spot traders will also set a price restriction, and when an item reaches or even touches that price, it will be sold.

Nobody on this forum has the right to dictate what you do with your Bitcoin by the time he hits a target that you're okay with. You will Always hear people talk about hodling bitcoins for as long as possible, the "as possible" from that statement means to the point when you are okay with hodling and then decide to sell off some for other purpose.

While hodling your bitcoins, have  a target and a purpose for hodling, having a target or a purpose for hodling can be something to motivate you into hodling more.


People will spend their money as they like, so the main thing to keep in mind when deciding whether or not to sell is if it is worth selling right now. With bitcoin, there are always surprises in store, and the price will increase at some time. And you have my wager. It's going to hurt you. Selling is the ultimate goal of investment, therefore even if you even generate a profit, you can sell. As I don't really think keeping for a long time makes sense, if you are receiving what you want, there's no harm in selling.

Holding also indicates that the price is low and will rise, which is why it is usually emphasized to people to hold. The best thing is, as you mentioned, to establish a target and, if the moment is right, to sell.


Title: Re: End Goal or Keep HODLing?
Post by: KingsDen on March 25, 2024, 04:34:37 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


There is no standard laid down principle about bitcoin investment. This means that your script is quite different from that of your neighbor, you cannot because someone else have done such a thing and begin to do it. You don't have to ask us if you will leave your bitcoin untouched till you die. If you are rich enough that you don't need the profit from your bitcoin investment for anything, then leave it forever. But then if you are not sure of how to pay your house rent and your children fees in the next semester and yet you have profit in Bitcoin, why will you keep it forever?
There's an African adage that says "No one tells someone who lost his mother to cry". Set your goals and be rigid with them, but when reality strikes, no one will advise you to do the needful.


Title: Re: End Goal or Keep HODLing?
Post by: bettercrypto on March 25, 2024, 04:49:28 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?



It's not bad to hold, but you should have a plan for your Bitcoin holding. It's hard because you buy Bitcoin and then you don't know when to sell it. as long as what you have in mind is what the people I read here in the forum are saying. Because if this is all you base it on, don't buy bitcoin.

If you're going to hold bitcoin, you should know when you're going to sell it, and you should also know what price you're going to sell it for. It's good that you know the reason why you are doing this type of holding in bitcoin. And you should also know the reason why you are doing this, besides the fact that you will make money from it in the future.


Title: Re: End Goal or Keep HODLing?
Post by: Uhwuchukwu53 on March 25, 2024, 05:47:29 PM
If you can survive while the investment is on, then it’s better to keep the Bitcoins untouched. Only cashout at that time when you need emergency of funds or really need the funds to spend on some big luxuries. Bitcoins will always keep on increasing I would say. The reason is pretty simple, as Bitcoins are limited in supply, and the demand to accumulate it, is increasing day by day. Hence, It would be ideal to keep the investment on in order to yield the maximum profit possible.

The analysis of surviving while the investment is on is very correct what make one survive is not hardship but determination of what one hope to achieve in future that give the courage and make one more lively because there is light at the end of  tunnel. Some may feel  that selling their Bitcoin before there expected time is due to inability to understand what the future holds for the investment.

This your advice is also repositioning me to still hold beyond expectations I think removing once mind on the investment can prolong the hold because once your heart is centered on it the attraction will always tend you to sell any time one observed ATH.


Title: Re: End Goal or Keep HODLing?
Post by: GeorgeJohn on March 25, 2024, 06:14:38 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.
The essence of holding Bitcoin for long time is for you to make a profitable profit because when you hold a bitcoin for long time the particular amount you purchase the Bitcoin will not be as the same as the current price of Bitcoin that is why many people who hold Bitcoin they hold it Tight in order to make a profit knowing that they more they hold Bitcoin the more the value of bitcoin increases so no one today who is interested to hold bitcoin Until Death the essence of everyone investing in Bitcoin for long time is for the person to make a beneficiary profit.

I've seen many people who is not into a long-term holding of Bitcoin there are into a short-term holding or selling of Bitcoin because they needed the money or the capital to return back to the market why people who summon courage to invest in Bitcoin no very well the system of Bitcoin that it's neither depreciate or it increase in the market and the holding it for long time there is every tendency for you to make a triple of your capital when the market eventually enters a bullrun.


You seem to get thigns wrong here, no one has such plans of holding bitcoin forever without selling or wants to die with their bitcoin, the caught here is to hold your bitcoin long enough for you to get some compounding effect on it, you know historically bitcoin has proven to favour long term holders more than short term holders and that's why most people teach to hold bitcoin for long cause its more safer and more profitable.
some people can do that for their children and they have a portfolio of Bitcoin to any of their children and store it for their wallet until they die before such portfolio can be given to their children in question, human being cannot do if we can will some of her property to our animals what is it that someone cannot to buy a bitcoin and hold and will it to all in children, there is a possibility for a such to happen so I believe whoever that is holding Bitcoin have it's own motive of holding Bitcoin.

Op has a good point. I live in a region that went through a major crisis in the 90s, and a lot of people lost tons of money they've been saving up for a very long time almost overnight. The problem was that they kept saving up and didn't cash out because they didn't think anything would happen, and they didn't have an end goal. While I don't think Bitcoin will collapse like that, I believe that hodling indefinitely without a goal of what to do with that wealth and without even enjoying the profits is as good as having zero BTC because then it's just useless numbers on the screen.
I think it's healthy to sell some BTC from time to time, or at least to have an idea of what one wants to be able to afford with Bitcoin eventually.
one thing is that every person have it way of keeping Bitcoin or holding bitcoin for long time I believe that the major thing that makes people to keep their bitcoin for long time is because the actually needed the profit when your time or your target have no reached for you to sell your Bitcoin I don't think that you will sell your Bitcoin, many people sell their Bitcoin based on target why others sell. their own Bitcoin based on panic that is why you cannot compare whoever that I have target in Bitcoin and someone who does not have a target in Bitcoin.


Title: Re: End Goal or Keep HODLing?
Post by: eightdots on March 25, 2024, 07:21:08 PM
Keep HODLing usually means keeping Bitcoin for the longest possible period, but this period varies completely depending on the individual, the crises he is going through, the economic situation, age, and the price at which he plans to sell it. Some people want to keep Bitcoin for retirement, others for the well-being of their children, and others who plan to spend. After 10 or 20 years, if you have a stable job and life, you will rarely try to sell your Bitcoin.
I have learnt a new initiative that is helping my HODL my Bitcoin better and that is setting up emergency funds. I think this should be one of the best thing I learnt in this forum beside the DCA method of buying Bitcoin. Now the approach is that any funds that I get, I keep the part for my basic needs, then keep some part as emergency funds for any unexpecting thing that might happen which were not planned for. Then it is from part of the remaining that I will invest in Bitcoin. This way, I will not be pressured to sell my Bitcoin when I do not plan to. In other words, the emergency fund is like a protection of my Bitcoin and with its implementation, I have confidence that I will be able to HODL my Bitcoin for as long as it is necessary.

There are many ways to hold on to your Bitcoins and not sell them. The method you mentioned is one of them. To do this, you'll need extra income, or you'll need to slightly reduce the amount of Bitcoins you buy and set aside some money in other funds. If you have extra income, you can use your investments or savings for emergencies instead of selling Bitcoin.

Since the goal of HODLers is not to sell their Bitcoins for as long as possible, any behavior that supports this is in their best interest.

If you are investing with this method and you can find resources in emergencies without selling your investments, you are doing the right thing.


Title: Re: End Goal or Keep HODLing?
Post by: puloweh555 on March 25, 2024, 07:32:57 PM
Sometimes there are investors who want to continue adding to their portfolio until they die. and will be continued by his heirs. So it's possible that if you continue to invest in Bitcoin, it will be passed down to your children.
but if you are one of those who invest for yourself, as long as your investment can fulfill all your needs for the rest of your life, that's enough and sell.
Yes that's right. Actually, to win bitcoins in a certain time period or long term depends on our respective strategies and goals. There are investors who are so eager to hold onto bitcoin in the long term that even if bitcoin reaches a new ATH they will still hold on to it because they have enough money for their needs. However, there are also investors who only look for profits and in certain periods, if they feel they have made a profit, they sell some or even sell and buy again when prices fall.

I myself am one of those people who only look for profits at certain moments. Like yesterday the price of bitcoin reached $73k, I sold it because I had made 2x the profit and bought it back for $62k and now the price of bitcoin has reached $70k again. Actually holding bitcoin depends on our goals in investing, but it is still recommended for the long term, even if we sell it out of necessity, but when we have more money we still have to buy it using the DCA method again so that we always hold bitcoin.


Title: Re: End Goal or Keep HODLing?
Post by: darkangel11 on March 25, 2024, 08:06:31 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

So, the deal is that fiat money is flawed as it keeps on being printed which causes inflation. This means that even without halvings and with no new people interested in bitcoin, no institutions and such, bitcoin should only inflate by 2% a year as new bitcoin is being mined, while fiat money inflates by 5% on the average, with some countries reaching 50% and more.
It's not about being stubborn and not selling. It's about holding all your spare cash in bitcoin since it doesn't inflate and puts you in control, regardless of what the government does. I bet Ukrainians and Russians got scared about holding their national currencies when the war broke out. When I hold bitcoin, I don't care.

My plan is to keep holding forever, but when there's something I need to buy and the price is right, I will buy it.
I'm a go down with the ship type of guy so when bitcoin was falling I've always held, but I buy stuff in bull markets. This year the plan is to build a nice detached garage for 2 cars next to my house.



Title: Re: End Goal or Keep HODLing?
Post by: JoyMarsha on March 25, 2024, 08:08:18 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

Many of us invest in bitcoin in order to profit from it and to have it act as a store of value that we may even transfer to our families by giving them the seed phrase of our crypto assets before we pass away.

Nobody has, in my opinion, made the decision to keep bitcoin in their portfolio forever. There will certainly be when they intend to sell their Bitcoin holdings for enormous gains and that's no one business when anyone decides to sell their bitcoin. 

What matters is how much bitcoin have you accumulated so far and what price are you selling your bitcoin at. 


Title: Re: End Goal or Keep HODLing?
Post by: Youngkhngdiddy on March 25, 2024, 09:03:43 PM
Just follow these 3 simple steps IN ORDER:
1. Sell during the bull market.
2. Buy during the bear market.
3. Continue accumulating after the bear market.

Right now, we are entering the bull run. It's a perfect time to sell your assets like Bitcoin or whatever crypto you are holding. Always, always take profit because the main goal of an investor is to make profits. Now when you sold your tokens already, wait for the bear market to happen, and that happens usually after the bull market. At that moment, you have the money that you got from selling your assets. When we are in a bear market, prices go down, and that's the perfect opportunity for you to buy Bitcoin or whatever cryptocurrency you want to buy. After the bear market comes the accumulation phase, and even though the prices at that time isn't as low as when it's still in the bear market, I can say that it's still a good time to buy some coins in preparation for the bull run.

Always take note that the market moves in cycles, so make a strategy based on the cycle as well. This kind of strategy takes time, but it works every time. Just imagine you bought some Bitcoins way back in 2020 and sold it in 2021 then bought again in 2022, 2023, and 2024. Holding your Bitcoin forever without selling is a stupid strategy because there will be a point where you will sell it for some reasons. As an investor, your main goal is to sell your assets and take some profits.
   You really said well, kudos to you for teaching these newbies on why it is an important to take profit, your thread is simple and straightforward. This is really helpful for those that took the concept of Hodling too far, the main reason for any investment is to make profit, of what is the use of the investment if you are not making the profits. The painful thing about the whole thing is seeing the profit but refusing to take profit then losing the whole thing afterwards. Just like you’ve said once you made the profit 2times or 3times your capital, that’s a good investment if I must say, at least you capital is not the same. If you strategy is to hodl even after seeing profit, then that must be a very bad strategy. If you are even taking out the profit and leaving the rest it a better option than just leaving it to retest it price.
   Do not forget the goal that’s the most important thing, the OP to me is deviate from his initial goal, at some point there will be time for you to sell off maybe use the money for emergency or even enjoyment. Please this is important if you are in profit and you feel like it’s a good profit for you, pleas do not be greedy to allow the good slide down your line. Take your profits !! Don’t forget why you started investing in the first place, it not some sort of decoration for your device. Stick to the plan and keep up with the goal. The market will hassle you if you set at too long, how to enjoy the market is knowing when to step in and know when to step out.


Title: Re: End Goal or Keep HODLing?
Post by: coolcoinz on March 25, 2024, 09:35:45 PM
My goal is to keep taking some profit from the top during bull markets and stack bitcoin in bear markets.

I'll give you an example.
In every bull market when the price breaks the last ATH I start selling a bit and buying all the things that I had plans for in the previous years. For instance, in the 2021 bull market I bought myself a car and some electronics like a new computer. When I have all the things I need and the price is still going up I will get a bit of cash to have some money for potential investment in the bear market and that's what I did in 2021. All of that selling amounted to a small part of my holdings.
In a bull market I start buying bitcoin, first with the profit from my bull market sales and then from my monthly income and that's what I did in 2022 and 2023.

If the price goes to crazy numbers like a million dollars, I'll still do the same.


Title: Re: End Goal or Keep HODLing?
Post by: arjunmujay on March 25, 2024, 09:48:15 PM
I myself am one of those people who only look for profits at certain moments. Like yesterday the price of bitcoin reached $73k, I sold it because I had made 2x the profit and bought it back for $62k and now the price of bitcoin has reached $70k again. Actually holding bitcoin depends on our goals in investing, but it is still recommended for the long term, even if we sell it out of necessity, but when we have more money we still have to buy it using the DCA method again so that we always hold bitcoin.
what you do is more about bitcoin trading, not investing. not in the benefits you get, but how.

In fact, even if you don't do that, you can still make many times the profit by using DCA. and when you need it, you can sell some of the passive income you get from the DCA method. What's more, you will never worry about market movements, whether it is going up or down, everything will be fine because passive income will continue to flow and you can sell it even when prices are going down without feeling a loss.


Title: Re: End Goal or Keep HODLing?
Post by: lienfaye on March 25, 2024, 09:49:30 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.
We have different goals. Some investors prefer to keep holding because of what they believe in. It's an advantage that they're still able to go on with their lives without the need to sell because they are not relying on their investment. The history that Bitcoin keep on increasing as time passes is a sufficient reason on why many of us chose to be a long term hodler.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
It depends. No one is stopping you to sell if that's what you think is the right thing to do at this moment (as you've said, you're already in profit). Because you're the only one who can answer this question for your Bitcoin. Thus, much better to have your own analysis because if you're going to ask the investors, probably majority will encourage you to hold.


Title: Re: End Goal or Keep HODLing?
Post by: nimogsm on March 25, 2024, 10:45:49 PM

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.
It is important to set goals for yourself. Without it, there is no point in doing anything. You can take back the money you invested (starting capital) and leave the rest and continue the experiment and watch your balance grow.
Let’s say I haven’t decided yet what I want to buy or what to invest in next. So I continue to accumulate my savings in cryptocurrency and, in general, I’m ready to exit at any time, but there is no need for this yet.


Title: Re: End Goal or Keep HODLing?
Post by: Maslate on March 25, 2024, 11:45:31 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?



What people just said is just a suggestion and its up to you if you listen. What's more important there is your decision since you are the one who can determine if some scenario is enough for you and want to get out. But make sure that you already settle and no doubts nor regrets that why did you decide to sell.

Its important that you have timeline set on your holdings also strategies so that you will not get bothered on some peoples opinion and can able to continue what you want to happen on your investment. Just remember that you are the one who can create a good result on your investment so think more better and create good decisions. Don't base your thoughts depends on other people opinion since not all the time they are right.
This is the reason why one needs to be knowledgeable on his investment at first before he will finally proceed on the investment process. So that in times confusion arise, he can weigh things right on what to do and what not to. Hodling bitcoin forever does not actually exist because in reality, people become more greedy to sell their coins once they have seen that there are already huge profits that they can get from selling their coins. So in the end, these people will eventually decide to sell, some become even more greedy to sell all their coins without leaving some coins for hodling so they can still look forward for future profits.


Title: Re: End Goal or Keep HODLing?
Post by: Sanitough on March 25, 2024, 11:59:21 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

Many of us invest in bitcoin in order to profit from it and to have it act as a store of value that we may even transfer to our families by giving them the seed phrase of our crypto assets before we pass away.

Nobody has, in my opinion, made the decision to keep bitcoin in their portfolio forever. There will certainly be when they intend to sell their Bitcoin holdings for enormous gains and that's no one business when anyone decides to sell their bitcoin.

What matters is how much bitcoin have you accumulated so far and what price are you selling your bitcoin at.
Keeping bitcoin forever is just probably a white lie, that’s up to you if you will stick with it or just take profits everytime the market is capable to. However, I don’t see it as an issue if ever there are actually investors here who keeps buying and hodling with no plans of selling. As long as it’s never a burden for them and still manage to live their lives conveniently, then hodling forever is fine, because I’m sure they have prior plans before risking their money in bitcoin.

But as for my personal view, we are here to invest and gain profits, so it’s given already that we need to sell in order to get satisfaction from our profits, and hodling forever will always be impossible for me, well that’s only from my personal point of view.


Title: Re: End Goal or Keep HODLing?
Post by: Natsuu on March 25, 2024, 11:59:54 PM
I keep a long-term view, believing in Bitcoin's potential to shake up finance over time. Diversification is key so I spread my investments around to manage risk. I'm cautious with my money, only investing what I can afford to lose and not getting caught up in hype. I stay informed by reading up on the latest trends and tech developments. Overall I just do what feels right for my financial goals and risk tolerance


Title: Re: End Goal or Keep HODLing?
Post by: WatChe on March 26, 2024, 12:31:57 AM
Keeping bitcoin forever is just probably a white lie, that’s up to you if you will stick with it or just take profits everytime the market is capable to. However, I don’t see it as an issue if ever there are actually investors here who keeps buying and hodling with no plans of selling. As long as it’s never a burden for them and still manage to live their lives conveniently, then hodling forever is fine, because I’m sure they have prior plans before risking their money in bitcoin.

But as for my personal view, we are here to invest and gain profits, so it’s given already that we need to sell in order to get satisfaction from our profits, and hodling forever will always be impossible for me, well that’s only from my personal point of view.

There is no point in hodling forever and investing in any sector without a strategy will be useless. If you are investing money in Bitcoin then you must have a strategy with you like how much you will invest, what's the price at which you sell and more. We do investments to gain profit and improve our quality of living and that can be achieved only when you sell. Hodling for long term is no doubt beneficial but make sure it's long enough that miss out chance to enjoy your profit.


Title: Re: End Goal or Keep HODLing?
Post by: Out of mind on March 26, 2024, 01:54:40 AM
✂️✂️
Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?



We should just keep a target object where we can finish and start again. Especially when we invest in bitcoins and Hodl holdings waiting for new ATH just hoping to make a profit. And when Bitcoin reaches the peak, we will definitely sell and then buy Bitcoin again when the bear market starts. And we believe that Bitcoin will continue to make various targets forever and its value will increase rapidly and record new ATH. So in my opinion we should have a goal when we invest in Bitcoin to hold it for the long term until it generates new ATH. And in the realm of Bitcoin it is best to HODL for the long term, trusting our operating principles.


Title: Re: End Goal or Keep HODLing?
Post by: thecodebear on March 26, 2024, 02:31:21 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?



I feel like you're confused about the idea of holding. People are holding long term, that doesn't mean they are holding it all, never using any of it, until they die. The only reason to do that would be to pass on the bitcoin to future family generations. Which is fine, but most people are only going to be doing that with some or none of their bitcoin.

Most people are likely holding for retirement, or until they have enough to financially change their lives. So holding for a few years isn't very long. The end goal for most HODLers is to gain a lot of wealth over the course of decades. That doesn't mean dying having never used your Bitcoin. But it also doesn't mean having to sell just because there's a bull market. Bull markets come every four years. Four years isn't a very long time to hold a long term investment.

Everyone makes up their own goals. HODLing is just what you keep doing until you get to your goal, whatever that goal is. It could be holding until you use it to buy a house, or holding until you retire, or gradually spending it over the course of many years or decades. It doesn't really make sense to ask OTHER people what you should do. This is your own money, OP, you use it however you want based on your own needs in life. Do you have financial goals in life? If so, then Bitcoin can play a part in those plans. And you base what you do with your Bitcoin around your own personal life financial plans.


Title: Re: End Goal or Keep HODLing?
Post by: pinggoki on March 26, 2024, 08:40:10 AM
For me, I think that I've got an end goal within me, no way that it's going to hold on for dear life for me forever, going to be really helpful to me if I can get my profits, the money that I can get from it would definitely build myself a home and all the things that I've been holding back through discipline of not buying them will definitely be bought after a long time. Of course, hodling long-term is still a thing for me but I'm not going to be all that, just set a price goal and you'd be good to go when it comes to investing in bitcoin, you might also be able to do other things when you're not just hodling alone, who knows, you might invest during the altcoin season and hit the jackpot.


Title: Re: End Goal or Keep HODLing?
Post by: Yamifoud on March 26, 2024, 10:28:11 AM
For me, I think that I've got an end goal within me, no way that it's going to hold on for dear life for me forever, going to be really helpful to me if I can get my profits, the money that I can get from it would definitely build myself a home and all the things that I've been holding back through discipline of not buying them will definitely be bought after a long time. Of course, hodling long-term is still a thing for me but I'm not going to be all that, just set a price goal and you'd be good to go when it comes to investing in bitcoin, you might also be able to do other things when you're not just hodling alone, who knows, you might invest during the altcoin season and hit the jackpot.
Indeed, holding is a thing and many people encourage others to hold as well but I don't think that holding forever is a must. At least holding them until it reach our target is a good sign to sell. Maybe I was wrong but investing is not all about holding but also about selling. We invest because we want to grow our money but holding our Bitcoin forever makes no sense, we'd rather not invest if we don't sell.

I will definitely sell my Bitcoin when I am already satisfied with the price and invest again when it drops. Perhaps, this is common scenario to see in the market, buy, hold, and sell.


Title: Re: End Goal or Keep HODLing?
Post by: Lantind on March 26, 2024, 11:14:16 AM
Indeed, holding is a thing and many people encourage others to hold as well but I don't think that holding forever is a must. At least holding them until it reach our target is a good sign to sell. Maybe I was wrong but investing is not all about holding but also about selling. We invest because we want to grow our money but holding our Bitcoin forever makes no sense, we'd rather not invest if we don't sell.

I will definitely sell my Bitcoin when I am already satisfied with the price and invest again when it drops. Perhaps, this is common scenario to see in the market, buy, hold, and sell.
Holding with the aim of waiting for profits is of course a good thing and I don't think anyone will hold on forever without enjoying the profits they have gotten. I agree with you when someone makes an investment, not just holding it and not taking advantage of it, but when they have achieved their investment target of course they will take advantage of what they have invested and I think almost everyone who makes an investment of course they will expect a profit from what they have invested.


Title: Re: End Goal or Keep HODLing?
Post by: AVE5 on March 26, 2024, 12:12:09 PM
This is one of the pinpoints of me towards investing and the advises to keep holding nomatter the difficult times and how attractive the bitcoin market may prove to us.
And I've always arrived to say bitcoin is an investment worth to Invest on in other to make profits so we could solve our financial issues and also how we can invest to make more money in other to diversify our source of incomes through the profits we makes our of our bitcoin holding.
There's no addictional credits to keep holding aside making more money and making this money in a large scale and yet it's not being implemented or utilized to solve your needs then it's absolutely useless for just being accumulating there in your wallet.


Title: Re: End Goal or Keep HODLing?
Post by: Bitstar_coin on March 26, 2024, 12:26:31 PM
I don't know what type of investment you keep forever without selling even if it is a part of it.
Assuming holding your btc can generate monthly revenue while keeping it in your wallet, it would be an additional reward and make you want to hodl forever.

No doubt btc will have a much higher value than what we are seeing at present which will make selling seem difficult but at some point you will have to decide if holding forever benefits you more than selling at least small quantity from your investment. Besides,  what is the purpose of investment if you can't spend it. ???


Title: Re: End Goal or Keep HODLing?
Post by: Muchiratsky on March 26, 2024, 01:00:25 PM
There's a dilemma there since going back, we've seen how BTC broke the ceiling and dropped heavily countless times. Even if you have a target goal, most of us will be reluctant to sell since the potential for going way higher is always there.

Personally, for the few BTCs I have, I'd keep hodling. I've given up on buying Bitcoins and have moved to lesser altcoins with more volatile movement for my trades and new investments. I believe Bitcoin still has a long way to go, though I don't know the endpoint. A few years ago, a lot of us are laughing at people who say BTC can move past 1k usd. Then 10k. Now we're at almost 70k dollars per coin.  It just keeps proving many unbelievers wrong given time.


Title: Re: End Goal or Keep HODLing?
Post by: laijsica on March 26, 2024, 01:15:52 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


I think you were able to buy bitcoin with enough dip. That's why you are so mentally active. You should hold on to bitcoin for peace of mind. It is profitable to stay stable when you know that after a year or two more triples will add up.
Gradually the bitcoin market will continue to break its ATH and you may regret not buying more. At the moment you can take the especial package of bitcoin that is DCA. Investing in bitcoin weekly or monthly through DCAing can increase your peace of mind.


Title: Re: End Goal or Keep HODLing?
Post by: gunhell16 on March 26, 2024, 01:15:57 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

Many of us invest in bitcoin in order to profit from it and to have it act as a store of value that we may even transfer to our families by giving them the seed phrase of our crypto assets before we pass away.

Nobody has, in my opinion, made the decision to keep bitcoin in their portfolio forever. There will certainly be when they intend to sell their Bitcoin holdings for enormous gains and that's no one business when anyone decides to sell their bitcoin.

What matters is how much bitcoin have you accumulated so far and what price are you selling your bitcoin at.
Keeping bitcoin forever is just probably a white lie, that’s up to you if you will stick with it or just take profits everytime the market is capable to. However, I don’t see it as an issue if ever there are actually investors here who keeps buying and hodling with no plans of selling. As long as it’s never a burden for them and still manage to live their lives conveniently, then hodling forever is fine, because I’m sure they have prior plans before risking their money in bitcoin.

But as for my personal view, we are here to invest and gain profits, so it’s given already that we need to sell in order to get satisfaction from our profits, and hodling forever will always be impossible for me, well that’s only from my personal point of view.

Bitcoin forever? There is no forever from then until now, as long as the important thing we do now is hold assets that we believe will give us a good profit in the future.
That's just the usual thing that long-term investors do as long as they are sure of the coin or crypto they are handling.

There are many cryptos like bitcoin that can also give us profit in the coming times, and it also depends, of course, on how long we actually hold it.


Title: Re: End Goal or Keep HODLing?
Post by: Mpamaegbu on March 26, 2024, 01:33:35 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.
I will continue to maintain that those who say they've been hodling since the creation not Bitcoin and through the circles may not be saying it the way it's. They could be hodling for a long term but taking profits here and there and rebuying at certain points. I don't think anyone will be able to withstand that temptation of not taking profit at every profitable bull rally.

Quote
Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
Even at that expectation that Bitcoin will keep breaking ATHs to set fresh ones, it's advisable you take some money off the table. Doing that empowers you to have some funds set aside that will enable you re-enter the market at a dip, in the event that you don't want to spend it on some personal frivolities.


Title: Re: End Goal or Keep HODLing?
Post by: Minor Miner on March 26, 2024, 01:39:59 PM
I don't know what type of investment you keep forever without selling even if it is a part of it.
Assuming holding your btc can generate monthly revenue while keeping it in your wallet, it would be an additional reward and make you want to hodl forever.

No doubt btc will have a much higher value than what we are seeing at present which will make selling seem difficult but at some point you will have to decide if holding forever benefits you more than selling at least small quantity from your investment. Besides,  what is the purpose of investment if you can't spend it. ???
But I want to know, why when bitcoin price increases does it become more difficult to sell btc? In investing we want to buy low and sell high and that is the only thing we want, how will we encounter difficulties?

This is the first time I heard someone say they will hold bitcoin forever until they die without selling, I think what they mean is try to hold bitcoin as long as possible to get the best return. The term “hold to die”, bitcoin investors often use this word to express patience in investing. No one will hold bitcoin until death, LOL.


Title: Re: End Goal or Keep HODLing?
Post by: leonair on March 26, 2024, 04:28:04 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


I think you were able to buy bitcoin with enough dip. That's why you are so mentally active. You should hold on to bitcoin for peace of mind. It is profitable to stay stable when you know that after a year or two more triples will add up.
Gradually the bitcoin market will continue to break its ATH and you may regret not buying more. At the moment you can take the especial package of bitcoin that is DCA. Investing in bitcoin weekly or monthly through DCAing can increase your peace of mind.
Bitcoin recently crossed its ATH but its price won't stop there. Maybe we ourselves can't even imagine that the price of Bitcoin will go up a lot. But since Bitcoin is at the highest price now everyone is scared to invest here but I think if one continues to invest following DCA and sell the previous investments now then I think he can make a lot of profit.  Although no one including me can guarantee this.  But it can be assumed


Title: Re: End Goal or Keep HODLing?
Post by: GideonGono on March 26, 2024, 08:21:52 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


No one would invest and keep on holding till they die, everyone invest to gain profit, and they would surely take it when they reach their goal.
What's the point on investing if you wouldn't even use your profit? it is an investment not charity do you plan on just being a contributor to make the price higher?


Title: Re: End Goal or Keep HODLing?
Post by: Nheer on March 26, 2024, 08:22:22 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.
I think you are getting it wrong, people talk about holding bitcoin not until they die but rather holding as long as they can with the aim of maximizing profits. Bitcoin has a potential that over the years it keeps increasing in value so as long as you hold you are liable to make more money so holding for a long time is the target but it doesn’t mean they would keep holding until forever so that’s why having an investment plan is ideal, knowing when to take out profit should be considered before investing else there won’t be a purpose for the investment and would be of no use. When to take out profit is an individual something and it depends on the amount of risk we can take and also how much money you think is enough as profit, each individual has their own target profit so when we take out profit will definitely differ.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.
Having a target profit is very important because during the bear market it is very difficult to withstand the pressure of selling when things turn around so i advise you create a target for yourself when you take out profit so you don’t end up panic selling and having regrets later except if you intend holding for years probably till after another bull run.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
What will be the essence of your investment if you hold your bitcoin forever? Seeing your wallet grow without spending it is as good as having no money so my advice is that you set a target for yourself and take out profits at convenient intervals.


Title: Re: End Goal or Keep HODLing?
Post by: Cookdata on March 26, 2024, 08:40:32 PM
I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?

Your statements is not Contradicting each other. You believe that Bitcoin will make a new all time high soon and you are already profit with 3X, why not believe on that path and keep on holding until it make the new all time high you said your are not confidence about it? If your mind tells you that there is every tendency for Bitcoin price to increase in future, you should hold and not until you seek for anyone validation here. What you should do is to buy more in every correction of pump that we have.

As a new pwedon that is new to a bull run, but more and hold. If you sell this and expect Bitcoin to come down, you might be disappointed that the price will go down and fomo is one thing you should.avoid in Crypto, you might buy at the wrong time later. I believe that on halving day, Bitcoin will surely dump. That's your best time to buy again and wakt for another run to start.


Title: Re: End Goal or Keep HODLing?
Post by: Hypnosis00 on March 26, 2024, 09:47:20 PM
We hold Bitcoin because we believe that its price will increase more in the future. But don't get wrong with that assumption, although there is a chance to make another ATH, still can expect some corrections and price dip as well. If you really think that selling is somewhat of a good decision when it reaches high, why not? Holding doesn't be forever unless our goal is not to make money from it. But our goal is to generate money, then that is the thing we do during its peak like we have now. Some people are suggesting selling Bitcoin during ATH, maybe they just forget that nobody knows when. At least selling our Bitcoin at a high price is not regretting than missing the opportunity.


Title: Re: End Goal or Keep HODLing?
Post by: arjunmujay on March 26, 2024, 09:49:39 PM
~snip~
If you sell this and expect Bitcoin to come down, you might be disappointed that the price will go down and fomo is one thing you should.avoid in Crypto, you might buy at the wrong time later. I believe that on halving day, Bitcoin will surely dump. That's your best time to buy again and wakt for another run to start.
It also needs to be instilled in the minds of novice investors, the decline in Bitcoin will still occur. and smart investors will definitely take advantage of this opportunity to increase their accumulated bitcoin holdings. because we are not bitcoin miners, so one way to have more bitcoin is to buy from people who are affected by FOMO when the downturn occurs.


Title: Re: End Goal or Keep HODLing?
Post by: dunfida on March 26, 2024, 09:58:53 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


Set your own goals and dont listen up on someones advises or recommendations since you are the ones who would really be making use of that money whether you should sell or hold forever.
We do have different priorities in life and there are moments on which we do really need to cash out or secure out our profits for something useful. Holding for lots of years?
It would really be testing out your patience and we do know that not all would really be that having that long patience when it comes to this one.

You cant really just that make yourself having that kind of consideration when it comes on following others advises since we do have different needs and situations in life.
Hold if you can and sell if you do see that it is really best time on doing so. Profit is profit doesnt matter whether its small or big.
Secure while you can rather than on selling on loss. lol


Title: Re: End Goal or Keep HODLing?
Post by: Mate2237 on March 26, 2024, 10:38:22 PM
I've been buying Bitcoin since last year when it dipped in December
Op I am not disputing the fact that you bought bitcoin but my concern is that as of December last year bitcoin didn't enter into the Dip and Bitcoin dip was in June 2022 to November 2022 and from 2023 bitcoin was rating from $25+k and above and in December 2023 bitcoin price was about $45+k and above so I don't know which of the December you bought bitcoin as the dip. And that is not withstanding. Coming back to your topic and the first paragraph of the content. I will see it is only greedy people that role over and that is not the main purpose of bitcoin investment. In bitcoin investment, you invest in the dip or when bitcoin is on the lower price then in the bull market or All Time High, you sell them then in the next bull market you buy again and wait for the next bull.

But whereby you buy and be hodling it and when the bull market comes you are still hodling then I see that as savings and not investment.  Because in investment you are to buy and sell.


Title: Re: End Goal or Keep HODLing?
Post by: TelolettOm on March 26, 2024, 11:22:05 PM
No one would invest and keep on holding till they die, everyone invest to gain profit, and they would surely take it when they reach their goal.
What's the point on investing if you wouldn't even use your profit? it is an investment not charity do you plan on just being a contributor to make the price higher?
Agree. There is no one who plans to hold Bitcoin until he dies. Everyone who buys Bitcoin must plan to sell their Bitcoin at a certain price. He must expect to take profits from the investment, it is a normal way of people in Bitcoin investment. Although there are people who hold Bitcoin for many years, I'm sure they will also sell the Bitcoin and take profits someday in the future.

It is pretty true that it doesn't make sense if people always keep holding without any purpose. Why people spend their money in Bitcoin if they never get profits? I sounds quite strange that there are people who never sell their Bitcoin. Honestly, I never met the typical of people who hold Bitcoin for many years.




Title: Re: End Goal or Keep HODLing?
Post by: freedomgo on March 26, 2024, 11:32:59 PM
No one would invest and keep on holding till they die, everyone invest to gain profit, and they would surely take it when they reach their goal.
What's the point on investing if you wouldn't even use your profit? it is an investment not charity do you plan on just being a contributor to make the price higher?
Agree. There is no one who plans to hold Bitcoin until he dies. Everyone who buys Bitcoin must plan to sell their Bitcoin at a certain price. He must expect to take profits from the investment, it is a normal way of people in Bitcoin investment. Although there are people who hold Bitcoin for many years, I'm sure they will also sell the Bitcoin and take profits someday in the future.

It is pretty true that it doesn't make sense if people always keep holding without any purpose. Why people spend their money in Bitcoin if they never get profits? I sounds quite strange that there are people who never sell their Bitcoin. Honestly, I never met the typical of people who hold Bitcoin for many years.



I guess that is just some kind of exaggeration. No one will take risk in buying bitcoin if he does not have future plan to sell it. We all know that and everyone aim profits the moment we started trusting and investing in bitcoin. However, if there are those who actually invest without future plans to sell and make profits, I don’t think they’re completely aware about bitcoin investment. Otherwise, they should take time to sell and make profits so they can reinvest again when bitcoin price is at its bearish price.


Title: Re: End Goal or Keep HODLing?
Post by: JollyGood on March 26, 2024, 11:43:53 PM
If a situation in real life allows the investor to hold for longer then it will be a good thing for the long term but I think we all know the plain fact is that no two situations are the same. Also, after the ATH it stands to reasons the price will fall therefore what will happen at that stage when people have to make difficult decisions?

I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?




Title: Re: End Goal or Keep HODLing?
Post by: harapan on March 27, 2024, 01:23:09 AM
Keep HODLing usually means keeping Bitcoin for the longest possible period, but this period varies completely depending on the individual, the crises he is going through, the economic situation, age, and the price at which he plans to sell it. Some people want to keep Bitcoin for retirement, others for the well-being of their children, and others who plan to spend. After 10 or 20 years, if you have a stable job and life, you will rarely try to sell your Bitcoin.

There's always light at the end of the tunnel like they say,it'll be unwise and tactless to start and have embarked on this journey and eventually abandon the efforts,time and resources in just a day.
HODLing bitcoin requires so much effort and a very long time,even with the scandals from the economic situation.HODLing bitcoin is a super made decision at hand,By HODLing, you allow your investment to grow over time, which can lead to significant profits in the future.

Many experts recommend a "long-term" holding period of at least one year, though some suggest holding for as long as five years or more. This is because Bitcoin is a highly volatile asset,and some investors that do not like volatility or that they wouldn't prefer to trade virtual currencies.




Title: Re: End Goal or Keep HODLing?
Post by: peter0425 on March 27, 2024, 02:17:49 AM

What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?

There is no other principles but to keep accumulating and holding bitcoin , for how many times that i deny this attitude and now i am in finalization of how much i can keep and earn in the coming months/years.
I have no plan of ending my goal now , i wanted to keep holding things that i regret doing all these years.


Title: Re: End Goal or Keep HODLing?
Post by: pinggoki on March 27, 2024, 04:07:04 AM
~
Indeed, holding is a thing and many people encourage others to hold as well but I don't think that holding forever is a must. At least holding them until it reach our target is a good sign to sell. Maybe I was wrong but investing is not all about holding but also about selling. We invest because we want to grow our money but holding our Bitcoin forever makes no sense, we'd rather not invest if we don't sell.

I will definitely sell my Bitcoin when I am already satisfied with the price and invest again when it drops. Perhaps, this is common scenario to see in the market, buy, hold, and sell.
That's my point, bitcoin is an investment not an heirloom that you're supposed to give to your grandkids, also you'd really be stupid not to sell when you're profiting so much because the price will go down someday and it's not always going up which means that you can still buy bitcoin after some time and get back in because it gets affordable to get in so sell when you feel like the profit is right there for you, nothing wrong with enjoying the profits right? If you're a hardcore hodler, you can probably just sell at a big profit and then wait for bitcoin to go down then buy bitcoin again but you've got more value out of your money.


Title: Re: End Goal or Keep HODLing?
Post by: Vinaa77 on March 27, 2024, 08:20:12 AM
Indeed, holding is a thing and many people encourage others to hold as well but I don't think that holding forever is a must. At least holding them until it reach our target is a good sign to sell. Maybe I was wrong but investing is not all about holding but also about selling. We invest because we want to grow our money but holding our Bitcoin forever makes no sense, we'd rather not invest if we don't sell.

I will definitely sell my Bitcoin when I am already satisfied with the price and invest again when it drops. Perhaps, this is common scenario to see in the market, buy, hold, and sell.
That's my point, bitcoin is an investment not an heirloom that you're supposed to give to your grandkids, also you'd really be stupid not to sell when you're profiting so much because the price will go down someday and it's not always going up which means that you can still buy bitcoin after some time and get back in because it gets affordable to get in so sell when you feel like the profit is right there for you, nothing wrong with enjoying the profits right? If you're a hardcore hodler, you can probably just sell at a big profit and then wait for bitcoin to go down then buy bitcoin again but you've got more value out of your money.
When someone has made a profit from an investment and does not take the profit, of course they will be ready to hold it for a longer period of time, but if I myself have made a profit from the investment then I will take the profit and when the price goes down again then I will collect it back at a cheap price and hold it for a long period of time, you are right, of course there is nothing wrong with enjoying the profits from investment and that is the goal of every person who invests.


Title: Re: End Goal or Keep HODLing?
Post by: bounceback on March 27, 2024, 02:48:57 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


For me, holding bitcoin for the long term doesn't mean I will hold it forever without touching it, but I have made a strategy and have determined when I should sell the bitcoin I hold, like right now, the market is bullish so I sell some of the bitcoin I hold for looking for profits from the ups and downs of price movements and partly I continue to hold it until the Bitcoin halving event occurs so that I have the opportunity to get the highest peak price when I sell it later.


Title: Re: End Goal or Keep HODLing?
Post by: Agbe on March 27, 2024, 03:08:45 PM
Before I will start we have to k ow which of the goal did the person set to invest in bitcoin? Is it short term or long term goal? If the person invest in short term goal then there is no big deal on the matter, when he thinks that it is okay for him to sell the coins then he can do that without looking for help. But if the goal he set was a long term one then the perpetual hodling must be in his heart. And one thing you have to know is that because the person said he is holding for long term does not mean he will not sell when the price hit all time high but he can only sell them and buy when the price comes down again. And it is not to sell a s stop there. Or continues holding till the All Time High in the peak of it.


Title: Re: End Goal or Keep HODLing?
Post by: SeriouslyGiveaway on March 28, 2024, 06:36:21 AM
Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
This is something that there has been a lot of debate among Bitcoin holders on this forum. Many people believe that selling Bitcoin for USD in the short term when profitable is an unwise action, and they believe that it is not Bitcoin holders. And they believe that Bitcoin holders must hold for a long time, at least 1 cycle (4 years). There are also opinions that their holding of Bitcoin is just an investment, and since it is an investment, there would be a specific profit-taking plan. They don't care how long they hold, as long as they meet the target they initially set, they will sell. For a few, holding Bitcoin is like a religion for them, they have no intention of selling, only buying more.
I think there are many purposes in buying and holding Bitcoin, it is important that you determine what your goal is? Don't be influenced by other people's opinions, because each person's investment situation and position is different.


Title: Re: End Goal or Keep HODLing?
Post by: Solokan on March 28, 2024, 08:01:54 AM
In my opinion, in this case it depends on the bitcoin holder himself when he wants to sell it and of course it's up to the person holding the bitcoin.

Of course, everyone has different thoughts, namely there are those who invest in BTC for the long term, for example, they don't determine when they will sell it and there are also those who sell their BTC during a bull run and after selling it during a bull run, then after the bear market they buy Bitcoin again.

There are also those who invest in BTC, for example for the short term, for example after making a profit, even though it's not big, but sell it. Of course in this case it depends on our interests when we will sell and of course in this case we have to be able to sell at the right time.

because you have bought BTC during a bearish market, of course you will have made a big profit and of course every BTC investor, in my opinion, will definitely feel anxious, such as when the BTC price is high and there is always a feeling of dilemma because you are afraid that the BTC price will fall again and you won't get a profit. It's big, so of course in this case it's up to the person who has BTC to sell it when.

Personally, I always invest in short term and long term BTC so I will take advantage of short term investment in BTC and long term BTC.


Title: Re: End Goal or Keep HODLing?
Post by: Jating on March 28, 2024, 08:18:12 AM
Before I will start we have to k ow which of the goal did the person set to invest in bitcoin? Is it short term or long term goal? If the person invest in short term goal then there is no big deal on the matter, when he thinks that it is okay for him to sell the coins then he can do that without looking for help. But if the goal he set was a long term one then the perpetual hodling must be in his heart. And one thing you have to know is that because the person said he is holding for long term does not mean he will not sell when the price hit all time high but he can only sell them and buy when the price comes down again. And it is not to sell a s stop there. Or continues holding till the All Time High in the peak of it.

Most likely if we have been in the market before or at least experience block halving, we should be looking for long term and keep HODLing. Our end goal is to make money right? And so we can accomplished it by accumulating sats, it doesn't to be 1 BTC right away. For common or average joe investors like the majority of us, it just a few sats like every week or even a month.

So I guess the end goal here is to hold as long as we can. And from what I learned being in the market already, it's better to accumulate when the price is down, meaning accumulation starts once we experience bear market. I know it's tough to buy and hold for years, but if others can do it, I think everyone can manage it as well. And then sell and timing the market when it's almost at the top.


Title: Re: End Goal or Keep HODLing?
Post by: Agbe on March 28, 2024, 09:10:49 PM
Most likely if we have been in the market before or at least experience block halving, we should be looking for long term and keep HODLing. Our end goal is to make money right? And so we can accomplished it by accumulating sats, it doesn't to be 1 BTC right away. For common or average joe investors like the majority of us, it just a few sats like every week or even a month.

So I guess the end goal here is to hold as long as we can. And from what I learned being in the market already, it's better to accumulate when the price is down, meaning accumulation starts once we experience bear market. I know it's tough to buy and hold for years, but if others can do it, I think everyone can manage it as well. And then sell and timing the market when it's almost at the top.
Yeah the best goal to set is the long term but not everyone can endure that long term investment plan because it needs time and patience. And as for me this the first halving I am about seen in the cryptocurrency ecosystem market. And if the price is favorable I will make sure that I acquire more to the investment portfolio and be hodling it for a long time. And if apply the average Joe method then it should be depending on the kind of work you does before you can say weekly or monthly. Yeah the end goal is to invest for a long term.


Title: Re: End Goal or Keep HODLing?
Post by: Humblevirus on March 28, 2024, 09:40:13 PM
Before I will start we have to k ow which of the goal did the person set to invest in bitcoin? Is it short term or long term goal? If the person invest in short term goal then there is no big deal on the matter, when he thinks that it is okay for him to sell the coins then he can do that without looking for help. But if the goal he set was a long term one then the perpetual hodling must be in his heart.

Anybody who invest in bitcoin have to plan for a long time investment because that is how it works. So, if someone have a short time goal that he want to achieve that person should no go for bitcoin investment. because there is possibility of him loosing when he is ready to sell. because you most invest for a long period of time before you make profit, and I think that is the only way you will get profit from your investment.

Although, some investors normally set a target for their investment they sell a specific price of when they will sell their investment, so someone who invest in bitcoin to achieve a goal can also do that is not a big deal.


Title: Re: End Goal or Keep HODLing?
Post by: Miles2006 on March 28, 2024, 09:45:45 PM
Everyone will have something different to say like an opinion to share but it might be different from yours. My little advice is you make research and plan for your personal target, everyone investing don't just invest with zero target like mine can be 5_10 or 4_8 years for example, it depends on your view towards bitcoin investment. If you're looking at the market as an short term profit investment then it's your choice, my investment plan might be different from your plan but there's this habit of always wanting more so I think you just want to still hold cause you see people predicting the price for $120k and with your speculation also.


Title: Re: End Goal or Keep HODLing?
Post by: Agbe on March 28, 2024, 09:46:33 PM
Before I will start we have to k ow which of the goal did the person set to invest in bitcoin? Is it short term or long term goal? If the person invest in short term goal then there is no big deal on the matter, when he thinks that it is okay for him to sell the coins then he can do that without looking for help. But if the goal he set was a long term one then the perpetual hodling must be in his heart.

Anybody who invest in bitcoin have to plan for a long time investment because that is how it works. So, if someone have a short time goal that he want to achieve that person should no go for bitcoin investment. because there is possibility of him loosing when he is ready to sell. because you most invest for a long period of time before you make profit, and I think that is the only way you will get profit from your investment.

Although, some investors normally set a target for their investment they sell a specific price of when they will sell their investment, so someone who invest in bitcoin to achieve a goal can also do that is not a big deal.

you can't say all but it is a decision for the investors and the plan of the investment. Some people will like to invest for a short term and use the money to do another things when the time elapsed. Like there are some students who invest in bitcoin with their school fees and give a short period of time and calculate the period very well to know if they would have profit within that short term. And if they got profit then would be very happy and if they didn't they take their capital and use it to pay their school fees. And those are the risk takers in the bitcoin investment platform. Because I. That short period if the price of bitcoin goes down below the investment capital then they would be at the losing side.


Title: Re: End Goal or Keep HODLing?
Post by: Ryu_Ar1 on March 28, 2024, 09:47:20 PM
I keep a long-term view, believing in Bitcoin's potential to shake up finance over time. Diversification is key so I spread my investments around to manage risk. I'm cautious with my money, only investing what I can afford to lose and not getting caught up in hype. I stay informed by reading up on the latest trends and tech developments. Overall I just do what feels right for my financial goals and risk tolerance
When you talk about the long term and say diversification in it, I think it's a bit naive in the end.
Indeed when we talk about the saying that we should not keep all our eggs in one basket, it seems quite good, but on the one hand we also have to know that sometimes diversification is not very important in bitcoin ownership.

We are aware that when talking about crypto its certain that this does not only focus on bitcoin because in the end there are several altcoin projects that are in it but on the other hand we also have to assess from all sides where about the strength of the money that we will put in investment and risk management that will be owned it would be very naive when talking about bitcoin and diversifying it with altcoins which incidentally have greater risks.
Not that diversification is a mistake because when we are in crypto then indeed all the will and decisions are in our own hands but it would be a little not too wise to say with the long term but focusing on being other than bitcoin .


Title: Re: End Goal or Keep HODLing?
Post by: batang_bitcoin on March 28, 2024, 10:05:28 PM
Everyone will have something different to say like an opinion to share but it might be different from yours. My little advice is you make research and plan for your personal target, everyone investing don't just invest with zero target like mine can be 5_10 or 4_8 years for example, it depends on your view towards bitcoin investment. If you're looking at the market as an short term profit investment then it's your choice, my investment plan might be different from your plan but there's this habit of always wanting more so I think you just want to still hold cause you see people predicting the price for $120k and with your speculation also.
Many does look at the market for being short term but they don't know that if they keep and become long term here, there's more profit that they're going to make. Effortless and easy, that's why most of us are going to hold no matter what the market shows. Sometimes, it is discouraging but that's part of its growth that we have to go through some balance and correction for us to see how profitable this market is as it skyrockets. If there are no dumps then for sure that there are also no moving up of it or the opposite action of bitcoin. But as we've been familiar with Bitcoin if you've been here for years, you'd just hold.


Title: Re: End Goal or Keep HODLing?
Post by: Distinctin on March 28, 2024, 10:59:24 PM
No one would invest and keep on holding till they die, everyone invest to gain profit, and they would surely take it when they reach their goal.
What's the point on investing if you wouldn't even use your profit? it is an investment not charity do you plan on just being a contributor to make the price higher?
Agree. There is no one who plans to hold Bitcoin until he dies. Everyone who buys Bitcoin must plan to sell their Bitcoin at a certain price. He must expect to take profits from the investment, it is a normal way of people in Bitcoin investment. Although there are people who hold Bitcoin for many years, I'm sure they will also sell the Bitcoin and take profits someday in the future.

It is pretty true that it doesn't make sense if people always keep holding without any purpose. Why people spend their money in Bitcoin if they never get profits? I sounds quite strange that there are people who never sell their Bitcoin. Honestly, I never met the typical of people who hold Bitcoin for many years.



While hodling can be profitable, but we will only come to realize those real profits if we decide to sell them after years of keeping them. That’s the only way where we can enjoy our hard-earned profits once we start selling them for real. However, we can always decide not to sell them all but sell just a portion of them, that is if we are still looking forward for our future profits. While bitcoin can satisfy our longing for profits, but knowing its value appreciates more in the years to come, then it’s best to sell them in portion every year so we can still increase the amount of our profits.


Title: Re: End Goal or Keep HODLing?
Post by: lixer on March 29, 2024, 04:44:59 PM
Personally, I see it as a currency in terms of use of service and not just the part where it's valuable that it is being used on a day-to-day basis. It's not ideal now obviously but integrating it would be nice.

In terms of the end goal, I think it's never going to be enough now, especially seeing how valuable it really is now. It's just really amazing. I wouldn't sell unless I need to.
I also don't think any sane person would sell their saved bitcoins at this time when everyone is seeing how high the price of bitcoin is now and how much higher it can go. I regret that six months ago I sold some of my bitcoins, now I wish I hadn't sold them.

It is said that a man learns from his past mistakes, so I think no one should make this mistake now, if they have old bitcoins they bought when the market was very much down, they should save them for at least six months or a year from this point because we are yet to witness the actual bull run which generally occurs after the halving event in every Bitcoin cycle.


Title: Re: End Goal or Keep HODLing?
Post by: arjunmujay on March 29, 2024, 10:20:49 PM
I also don't think any sane person would sell their saved bitcoins at this time when everyone is seeing how high the price of bitcoin is now and how much higher it can go. I regret that six months ago I sold some of my bitcoins, now I wish I hadn't sold them.

It is said that a man learns from his past mistakes, so I think no one should make this mistake now, if they have old bitcoins they bought when the market was very much down, they should save them for at least six months or a year from this point because we are yet to witness the actual bull run which generally occurs after the halving event in every Bitcoin cycle.
no one can predict with certainty how much the price of bitcoin will rise when and after the halving occurs. Therefore, become a player in it so you can feel how valuable the bitcoins you have are. and even though bitcoin has experienced a decline, don't sell this very valuable asset, because there are still many people out there who want bitcoin at an even cheaper price even though that will never be possible.


Title: Re: End Goal or Keep HODLing?
Post by: Russlenat on March 29, 2024, 10:57:55 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


Set your own goals and dont listen up on someones advises or recommendations since you are the ones who would really be making use of that money whether you should sell or hold forever.
We do have different priorities in life and there are moments on which we do really need to cash out or secure out our profits for something useful. Holding for lots of years?
It would really be testing out your patience and we do know that not all would really be that having that long patience when it comes to this one.

You cant really just that make yourself having that kind of consideration when it comes on following others advises since we do have different needs and situations in life.
Hold if you can and sell if you do see that it is really best time on doing so. Profit is profit doesnt matter whether its small or big.
Secure while you can rather than on selling on loss. lol
The best solution for this is set some coins to sell but leave a portion of it for long term hodling. That way, both sides will be cater, and you won’t end up regretting wishing you have sell or not. While profits is the main goal of everyone, I think it’s also valid to reserve some of our coins for future investment. Just sell only when you badly needed the funds, but hold if you think there are bigger potentials for profits hopefully in the years to follow.


Title: Re: End Goal or Keep HODLing?
Post by: red4slash on March 29, 2024, 11:49:59 PM

no one can predict with certainty how much the price of bitcoin will rise when and after the halving occurs. Therefore, become a player in it so you can feel how valuable the bitcoins you have are. and even though bitcoin has experienced a decline, don't sell this very valuable asset, because there are still many people out there who want bitcoin at an even cheaper price even though that will never be possible.
For the problem of price certainty we will never be able to definitively predict that the nominal increase in terms of value or indeed what the exact price will be obtained by bitcoin but by looking at the progress and some things that happened before, of course, there is an optimistic situation where the increase even for the price of $100k can be achieved when halving or after halving occurs so that with seeing the current conditions where the increase and bullishness are still ongoing then it is indeed possible for us to get that price sooner or later but indeed as you said if we really want to feel that then we have to stay in bitcoin only there are other considerations when looking at this because in my opinion everyone who is in bitcoin has their own goals and that is a sure thing. We also cannot force if there are people who will stop even before the halving because as long as they have benefited then indeed to leave is also not a problem if they want to because it is a definite action according to them right by taking advantage of what they planted before as a form of investment .


Title: Re: End Goal or Keep HODLing?
Post by: Stablexcoin on May 16, 2024, 09:09:30 PM
Personally, I see it as a currency in terms of use of service and not just the part where it's valuable that it is being used on a day-to-day basis. It's not ideal now obviously but integrating it would be nice.

In terms of the end goal, I think it's never going to be enough now, especially seeing how valuable it really is now. It's just really amazing. I wouldn't sell unless I need to.
I also don't think any sane person would sell their saved bitcoins at this time when everyone is seeing how high the price of bitcoin is now and how much higher it can go. I regret that six months ago I sold some of my bitcoins, now I wish I hadn't sold them.

It is said that a man learns from his past mistakes, so I think no one should make this mistake now, if they have old bitcoins they bought when the market was very much down, they should save them for at least six months or a year from this point because we are yet to witness the actual bull run which generally occurs after the halving event in every Bitcoin cycle.
Don't be surprised there are still investors who have accumulated enough bitcoin that would choose to sell some portions of it to buy cars, houses, and other luxurious things. Do you think it is stupidity to do that? Think about it those investors that started investing in Bitcoin 10 years ago selling now and living the life they deserve won't be such a bad idea. In my opinion i feel like it is not a bad idea but selling their entire Bitcoin that is where they might be wrong.


Title: Re: End Goal or Keep HODLing?
Post by: Antotena on May 16, 2024, 09:27:40 PM
.
Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?

You can't hold Bitcoin forever, atleast for my understanding because you can't be holding something in secrete that you don't want anybody to know because of privacy reasons. God forbid, what happen when you keep holding forever and then one day you died and nobody know you own Bitcoin and even they do, not like you wrote a will somewhere that you want it to be access and I doubt if it's even sate to write a will about holding a bitcoin in the first place.

Sell if when you have had enough profits but don't sell everything, sell when you know you have achieved the goal of holding like for instance, we have people that are holding Bitcoin from 2009, their goal could be because they want to hold it till Bitcoin cross over $100k be for they sell and it cool but sell when you think it's right, no point in holding forever except there is a way which your keys can be access when you don't breathe air again.


Title: Re: End Goal or Keep HODLing?
Post by: stadus on May 16, 2024, 09:58:50 PM
Personally, I see it as a currency in terms of use of service and not just the part where it's valuable that it is being used on a day-to-day basis. It's not ideal now obviously but integrating it would be nice.

In terms of the end goal, I think it's never going to be enough now, especially seeing how valuable it really is now. It's just really amazing. I wouldn't sell unless I need to.
I also don't think any sane person would sell their saved bitcoins at this time when everyone is seeing how high the price of bitcoin is now and how much higher it can go. I regret that six months ago I sold some of my bitcoins, now I wish I hadn't sold them.

It is said that a man learns from his past mistakes, so I think no one should make this mistake now, if they have old bitcoins they bought when the market was very much down, they should save them for at least six months or a year from this point because we are yet to witness the actual bull run which generally occurs after the halving event in every Bitcoin cycle.
Obviously now is not the right time to decide to sell since bull run isn’t happening yet. And even if bull run is finally here, I wouldn’t suggest to sell everything you have just to get massive returns. Leave some of your coins for another years of long term hodling because bitcoin price proves to appreciate in time, so the longer you hold, the bigger the profits you will earned. Although one should not hold until forever, but if ever you want to sell them all, make sure that you have reached your goal price, otherwise you will regret thinking wishing you did not sell them all.


Title: Re: End Goal or Keep HODLing?
Post by: Sandra_hakeem on May 16, 2024, 09:59:35 PM
Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?
it's strictly based on individual differences dude... I can't really say when you have to sell your Bitcoins, but I can advice on when to buy.
These are my reasons; everyone passes through a different phase of life and, sometimes, you could need to rejuvenate your career, personal life, or some other exegencies of life.
At that point, do you have any reason to not sell some part of your HODLing to solve your problems? No!

After 10 or 20 years, if you have a stable job and life, you will rarely try to sell your Bitcoin.
I'll sell them if it ever gets to that point from now. The sole aim is getting a better life alongside with every other benefits.
I have learnt so much with the little time I've spent in here and, I think that's a benefit that comes with HODLing.

Edit;
I also don't think any sane person would sell their saved bitcoins at this time when everyone is seeing how high the price of bitcoin is now and how much higher it can go. I regret that six months ago I sold some of my bitcoins, now I wish I hadn't sold them.
You didn't sell them for some random reasons, did you? There are some situations in real life that you can't help...


Title: Re: End Goal or Keep HODLing?
Post by: JollyGood on May 16, 2024, 10:30:10 PM
The first post in this thread (the OP used to create this thread) was made on 24th March 2024. The second post made by the OP was made today on 16th May 2024. The gap between the two posts was 125 posts. Not only that, the last post in the thread was 29th March 2024 but the OP decided to post here today.

Not in all cases but most, if members are not going to participate in threads they create they should either lock them or not bother making them in the first place.

I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?

Don't be surprised there are still investors who have accumulated enough bitcoin that would choose to sell some portions of it to buy cars, houses, and other luxurious things. Do you think it is stupidity to do that? Think about it those investors that started investing in Bitcoin 10 years ago selling now and living the life they deserve won't be such a bad idea. In my opinion i feel like it is not a bad idea but selling their entire Bitcoin that is where they might be wrong.


Title: Re: End Goal or Keep HODLing?
Post by: Wakate on May 16, 2024, 11:45:55 PM
I also don't think any sane person would sell their saved bitcoins at this time when everyone is seeing how high the price of bitcoin is now and how much higher it can go. I regret that six months ago I sold some of my bitcoins, now I wish I hadn't sold them.

It is said that a man learns from his past mistakes, so I think no one should make this mistake now, if they have old bitcoins they bought when the market was very much down, they should save them for at least six months or a year from this point because we are yet to witness the actual bull run which generally occurs after the halving event in every Bitcoin cycle.
no one can predict with certainty how much the price of bitcoin will rise when and after the halving occurs. Therefore, become a player in it so you can feel how valuable the bitcoins you have are. and even though bitcoin has experienced a decline, don't sell this very valuable asset, because there are still many people out there who want bitcoin at an even cheaper price even though that will never be possible.
What we might not understand about the bull market is that it is not certain the actual time the price of Bitcoin is going to skyrocket that is why we are left with puzzle of trying to buy as much as we can so we can make money from when the price of Bitcoin skyrocket. The bull market is going to come and continue but we are left with the confidence to buy and hold. If we want to buy and make money we would be ready to avoid some unnecessary buying because it looks like the price of Bitcoin might still go down which will be a perfect opportunity for those that want to buy and hold.


Title: Re: End Goal or Keep HODLing?
Post by: Ale88 on May 17, 2024, 12:45:41 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?
Holding forever doesn't make much sense for me, what's the point, being rich only looking at a smartphone? Many people must hold because they own very little quantities so sometimes it's not even worth selling what they have unless bitcoin reaches some very important numbers. Even someone who owns a full bitcoin, ok, $65k are a lot of money but they are not going to change your life. Probably not even in a third world country.


Title: Re: End Goal or Keep HODLing?
Post by: Ben Barubal on May 17, 2024, 01:08:20 AM
Personally, I see it as a currency in terms of use of service and not just the part where it's valuable that it is being used on a day-to-day basis. It's not ideal now obviously but integrating it would be nice.

In terms of the end goal, I think it's never going to be enough now, especially seeing how valuable it really is now. It's just really amazing. I wouldn't sell unless I need to.
I also don't think any sane person would sell their saved bitcoins at this time when everyone is seeing how high the price of bitcoin is now and how much higher it can go. I regret that six months ago I sold some of my bitcoins, now I wish I hadn't sold them.

It is said that a man learns from his past mistakes, so I think no one should make this mistake now, if they have old bitcoins they bought when the market was very much down, they should save them for at least six months or a year from this point because we are yet to witness the actual bull run which generally occurs after the halving event in every Bitcoin cycle.

      If you were able to sell Bitcoin six months ago, you wouldn't do that if you didn't have an important use for it, so you shouldn't regret it because I am pretty sure that it helped your family or your loved ones.

     Yes, I understand the sympathy of your feelings, because it is true that it is sad that, if we think about the value of the amount of bitcoin that you sold, it is possible that the amount that was when you took it out may have doubled or more.


Title: Re: End Goal or Keep HODLing?
Post by: Dr.Osh on May 17, 2024, 05:49:29 AM
Each person will have a different opinion about this, because each person has different conditions and goals in investing in Bitcoin. I think, it's very good to invest in bitcoin, but if we don't take advantage of it, then we can't feel the benefits of investing in bitcoin. Personally, I always hold onto the investments I own until I feel that it is a good profit to sell, or I will take a profit when I need it. So, if I'm confident in the bull run continuing, I'll hold until I need it or I feel like it's enough.


Title: Re: End Goal or Keep HODLing?
Post by: Outhue on May 17, 2024, 06:09:00 AM
No one would invest and keep on holding till they die, everyone invest to gain profit, and they would surely take it when they reach their goal.
What's the point on investing if you wouldn't even use your profit? it is an investment not charity do you plan on just being a contributor to make the price higher?
Agree. There is no one who plans to hold Bitcoin until he dies. Everyone who buys Bitcoin must plan to sell their Bitcoin at a certain price. He must expect to take profits from the investment, it is a normal way of people in Bitcoin investment. Although there are people who hold Bitcoin for many years, I'm sure they will also sell the Bitcoin and take profits someday in the future.

It is pretty true that it doesn't make sense if people always keep holding without any purpose. Why people spend their money in Bitcoin if they never get profits? I sounds quite strange that there are people who never sell their Bitcoin. Honestly, I never met the typical of people who hold Bitcoin for many years.



While hodling can be profitable, but we will only come to realize those real profits if we decide to sell them after years of keeping them. That’s the only way where we can enjoy our hard-earned profits once we start selling them for real. However, we can always decide not to sell them all but sell just a portion of them, that is if we are still looking forward for our future profits. While bitcoin can satisfy our longing for profits, but knowing its value appreciates more in the years to come, then it’s best to sell them in portion every year so we can still increase the amount of our profits.

This is correct but some holdings will turn to huge amount of money that we can't spend all, unless we start buying things that we don't need, many people only want to have great life experience that is why they use Bitcoin as their own Gold.

For example, I have most of my money in Bitcoin and I have decided to acquire more Bitcoin as time goes on, this doesn't mean that I won't spend some if need be  and I will take profits when Bitcoin makes a new high so that I will have enough to use for buy back in the next bear market.

Banks are reserves for humans, today Bitcoin is my own reserve, at least I will be ahead of inflation, unlike Fiat money, if I need to spend I will go into my Bitcoin wallet, as if I am operating my bank account.

Realized profits you say? I don't care much about this because Bitcoin is a digital gold, it is only newbies who don't understand the four-year circle will believe that they missed the top already, if you want to secure some funds then do it when Bitcoin makes an ATH.


Title: Re: End Goal or Keep HODLing?
Post by: yazher on May 17, 2024, 10:34:37 AM
You just need to simply set goals without mimicking others because they might have different lives than yours. As for making decisions solely by yourself, it will satisfy you whenever your goal is reached and you can just sell your bitcoins when that happens and buy after it when the price drops. Continue this process until you can finally hold it for a longer term to maximize your earnings. other investors can really wait much longer since they don't have any issues with their financial status, they can afford to lose their bitcoins investment and at the same time, they have multiple sources of income.


Title: Re: End Goal or Keep HODLing?
Post by: Popkon6 on May 19, 2024, 06:45:52 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?



That's why bitcoins are held according to a plan, everyone has a plan in life. Because when you reach your plan you start selling bitcoins and again if you want to hold more you can hold more. Bitcoins are held or invested only for the purpose of gaining profit, one loves to hold for a long time but the plan is real capital. 
I invest bitcoin with DCA method I have been investing for more than a year. So this halving will live until next year's bull run, then start selling and buying again as per my plan.


Title: Re: End Goal or Keep HODLing?
Post by: Mrbluntzy on May 19, 2024, 07:14:32 AM
other investors can really wait much longer since they don't have any issues with their financial status, they can afford to lose their bitcoins investment and at the same time, they have multiple sources of income.

@yazher, you are right about some investors, before they invest in Bitcoin they were already rich due to other sources of income they built. It doesn't matter much to them if their Bitcoin is left for eternity without being sold. Everybody are not equally rich and doesn't have the same financial status, the only way OP can hold his Bitcoin for eternity is if he was very rich and doesn't have needs for the profit he made for his Bitcoin.


Title: Re: End Goal or Keep HODLing?
Post by: AnonBitCoiner on May 19, 2024, 09:59:34 AM
@yazher, you are right about some investors, before they invest in Bitcoin they were already rich due to other sources of income they built. It doesn't matter much to them if their Bitcoin is left for eternity without being sold. Everybody are not equally rich and doesn't have the same financial status, the only way OP can hold his Bitcoin for eternity is if he was very rich and doesn't have needs for the profit he made for his Bitcoin.

The time of holding is related to an investor's financial status so if an investor has lots of money and is already wealthy then there is no need to sell Bitcoin immediately and he can wait for longer time without thinking about his Bitcoin investment.

But if a person is financially unable then he will regularly check the market condition to sell his Bitcoin to make himself wealthy. Every person is not able to continue his holding for longer time and the reason is either impatience or their financial status which does not allow them to keep holding without selling as they need money for managing their life necessitates.


Title: Re: End Goal or Keep HODLing?
Post by: Riginac111 on May 19, 2024, 10:28:29 AM
You need to continue holding bitcoin because if you fail to hold bitcoin that is it possibility that you may not continue to make a kind of profit you do make when you hold so the reason why people hold their bitcoin is because they really want to make a profit and also accumulate from different participative


Title: Re: End Goal or Keep HODLing?
Post by: eightdots on May 19, 2024, 01:06:55 PM
You need to continue holding bitcoin because if you fail to hold bitcoin that is it possibility that you may not continue to make a kind of profit you do make when you hold so the reason why people hold their bitcoin is because they really want to make a profit and also accumulate from different participative

Reaching the investor's goal means that he or she can terminate the investment. Some people bought Bitcoin long ago and have set a price to sell it at. When Bitcoin reaches this price, he can sell some or all of his investment. There are sellers and buyers at every price in the market. The current price may be someone's target price and they may terminate their investment. The current price can be one's entry price and one can wait until the price one targets. This is actually one of the very different aspects of the market.

It is known that Bitcoin holders profit in the long run. Those who have a long-term goal and can continue without terminating their investment in this process can achieve their goals. As I said, every investor's price target may not be the same.


Title: Re: End Goal or Keep HODLing?
Post by: btc78 on May 19, 2024, 02:37:11 PM
You need to continue holding bitcoin because if you fail to hold bitcoin that is it possibility that you may not continue to make a kind of profit you do make when you hold so the reason why people hold their bitcoin is because they really want to make a profit and also accumulate from different participative
I think depending on how much he or she has invested in bitcoin in order to see a real difference between the amount invested and amount returned. If you are someone who had invested huge, you can probably see huge returns immediately meanwhile if you only invested a few then you can not see much difference after only a while so you may have to wait and hold for more until you see some really significant returns.


Title: Re: End Goal or Keep HODLing?
Post by: Gaza13 on May 19, 2024, 02:45:58 PM
For me, I think that I've got an end goal within me, no way that it's going to hold on for dear life for me forever, going to be really helpful to me if I can get my profits, the money that I can get from it would definitely build myself a home and all the things that I've been holding back through discipline of not buying them will definitely be bought after a long time. Of course, hodling long-term is still a thing for me but I'm not going to be all that, just set a price goal and you'd be good to go when it comes to investing in bitcoin, you might also be able to do other things when you're not just hodling alone, who knows, you might invest during the altcoin season and hit the jackpot.
Yes, I agree with what you said, every person or investor who invests will definitely target what they want. Like Home or something. Not only me and of course everyone is also thinking about this, friends, it really takes a long process or time to achieve all this. Yes, of course all investors will release their assets to enjoy the profits they have been patiently accumulating and waiting for their desired targets. it's impossible for them to bury their assets until the end of the world. Yes, we don't just make one choice in investing, we need something like alt to be our investment collection to produce optimal profits, and pursue what we have aspired to. alt is indeed quite affordable compared to bitcoin. And choose an alt that has excellent fundamentals.


Title: Re: End Goal or Keep HODLing?
Post by: Gladitorcomeback on May 19, 2024, 05:42:42 PM
I think depending on how much he or she has invested in bitcoin in order to see a real difference between the amount invested and amount returned. If you are someone who had invested huge, you can probably see huge returns immediately meanwhile if you only invested a few then you can not see much difference after only a while so you may have to wait and hold for more until you see some really significant returns.

When we talk about the amount invested and the amount returned, we need to take into account the percentage of the return instead of its value because if someone is investing $1,000 and getting 10% in return and someone investing $100 and getting the same percentage in returns would essentially have the same return percentage but the value of their returns will be different but the impact will be the same.

$100 for someone who can easily afford to invest $1,000 has the same value as the $10 that the person who invested $100 earned. So it's never about the amount but it's about affordability and level of satisfaction. I know someone who invests more earns more, but someone investing less might also be earning a lot based on their income or financial capabilities.


Title: Re: End Goal or Keep HODLing?
Post by: darkangel11 on May 19, 2024, 06:52:17 PM
Yes, I agree with what you said, every person or investor who invests will definitely target what they want. Like Home or something.

You're wrong and I can see why. You simply are not a millionaire, or a billionaire and don't have a rich person's mindset.
Imagine that there are people who already have very normal thing you could think of. They have many houses, many cars, a successful business, investments, multiple bank accounts. They have nothing they can't afford, but they want to keep their money safe, or they want to build a certain portfolio. Many people look for long term investment funds.
I don't care what price bitcoin is tomorrow, or in a year, I know its value and I'll continue to hold and hopefully my children will use it well in 20 or 30 years.

 


Title: Re: End Goal or Keep HODLing?
Post by: Etranger on May 19, 2024, 06:57:26 PM
You need to continue holding bitcoin because if you fail to hold bitcoin that is it possibility that you may not continue to make a kind of profit you do make when you hold so the reason why people hold their bitcoin is because they really want to make a profit and also accumulate from different participative

You can't hold it forever. It becomes like hoarding without application. You seem to have something, but it doesn’t affect your life in any way. I think the point of holding is to make a profit. And if the profit is unrealized, then it is not a profit at all. Therefore, the holder must have a goal in which he cashes out at least part of his position.


Title: Re: End Goal or Keep HODLing?
Post by: tread93 on May 20, 2024, 11:48:15 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?



Bitcoin holders believe in bitcoin's ability to act an an anti-inflationary agent in their portfolio. If Banks are the disease then bitcoin is the cure! Bitcoin is going to prove to be the greatest safe haven asset the world has ever seen, & it is currently already doing quite a fantastic job at moving up in price over time & the chart looks absolutely beautiful. I plan to hold on for at least another 5 or 6 years I think around 2030 the crypto market will be very mature.


Title: Re: End Goal or Keep HODLing?
Post by: ultrloa on May 20, 2024, 12:24:27 PM
You need to continue holding bitcoin because if you fail to hold bitcoin that is it possibility that you may not continue to make a kind of profit you do make when you hold so the reason why people hold their bitcoin is because they really want to make a profit and also accumulate from different participative

You can't hold it forever. It becomes like hoarding without application. You seem to have something, but it doesn’t affect your life in any way. I think the point of holding is to make a profit. And if the profit is unrealized, then it is not a profit at all. Therefore, the holder must have a goal in which he cashes out at least part of his position.

Its not holding anymore if they don't have plans and just think about holding it without proper timeline since maybe as you said it will became hording. But he should set a plan regarding on his holdings since if he just do that for the sake of he has something to tell that he's a bitcoin holder then maybe there might be a chance that he could lose his bitcoin especially if there's sudden unfortunate changes will occur. Proper planning is important so they can set some goals on what year they should sell since its important to secure our profit if our targets has been meet.

Also its different story if there's an emergency situation happen and your emergency funds is not enough to cover up your needs then its good to sell your holdings so that you can get a solution on your problem then I think this is also a somehow good scenario to sell but if there's nothing like this happen and everything is in normal situation then continue to hold for better future.


Title: Re: End Goal or Keep HODLing?
Post by: khiholangkang on May 20, 2024, 12:47:52 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?



Bitcoin holders believe in bitcoin's ability to act an an anti-inflationary agent in their portfolio. If Banks are the disease then bitcoin is the cure! Bitcoin is going to prove to be the greatest safe haven asset the world has ever seen, & it is currently already doing quite a fantastic job at moving up in price over time & the chart looks absolutely beautiful. I plan to hold on for at least another 5 or 6 years I think around 2030 the crypto market will be very mature.
Yes we believe in bitcoin about its cycle that repeats every 4 years, and it will give us the answer to the bad FIAT about its huge inflation and taking away our hard-earned wealth, long term defense is good and we will be safe in terms of finance in the future if we hold a large amount.

I plan like you also to continue to hold bitcoin, but also need to see that market fluctuations exist, and for me who only has a little money to invest in bitcoin then what I need to do is sell when the bitcoin price is high and collect back when the price is very low, and that happens in the Bear and Bull cycle, I have to maximize the benefits that I can get to get to 2030 in a better way than just waiting.


Title: Re: End Goal or Keep HODLing?
Post by: Casdinyard on May 20, 2024, 03:15:23 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


While there are some people who think this way, personally I see HODLing as a little bit of an exaggeration of what I really want to do with my crypto, which is to hold them for an extended period of time, take a little bit of it as profit and keep the rest within the system so I don't take off my feet on the proverbial door, and then rinse and repeat, until either bitcoin dies or I die. This is the concept I have been playing around with for a while now, and I'm pretty sure a good amount of people in this forum believes and behaves the same way as I do as well.

There's just some cases where you can't really do this though, in countries where crypto as a whole is banned, crypto preppers who airlock their cryptocurrencies to make sure they don't get stolen. And the sad,sad population of people who still had their hard drives with their bitcoins but forgot their password so they can't get a hold of the money that's in there.

The rest of us, we should be good with what we're doing right now, invest a lot, take out a little when the money grows, rinse and repeat.


Title: Re: End Goal or Keep HODLing?
Post by: barisbilgili on May 20, 2024, 03:26:03 PM
Yes we believe in bitcoin about its cycle that repeats every 4 years, and it will give us the answer to the bad FIAT about its huge inflation and taking away our hard-earned wealth, long term defense is good and we will be safe in terms of finance in the future if we hold a large amount.
However it also has risks, even though there is a big possibility that the price of Bitcoin will continue to increase every 4 years, reaching its latest ATH, but there is no guarantee that this will continue to happen, so everything is still possible and I believe that all possible profits will be worth it with the risks.

Quote
I plan like you also to continue to hold bitcoin, but also need to see that market fluctuations exist, and for me who only has a little money to invest in bitcoin then what I need to do is sell when the bitcoin price is high and collect back when the price is very low, and that happens in the Bear and Bull cycle, I have to maximize the benefits that I can get to get to 2030 in a better way than just waiting.

The target is quite long and I like it, 2030 is likely that there will be a lot of profit that you will get if you are able to save Bitcoin.
I am also like you, I don't have a lot of capital to buy Bitcoin in large amounts, but I think that if I enter or try to trade daily to increase my amount of Bitcoin, I will continue to be at risk because I experienced this a few years ago when I tried that but the price Bitcoin is going downhill and I can't get in anymore
So now it's better for me to try to slowly buy Bitcoin slowly to save it for the long term.


Title: Re: End Goal or Keep HODLing?
Post by: nurilham on May 20, 2024, 04:05:30 PM
Bitcoin holders believe in bitcoin's ability to act an an anti-inflationary agent in their portfolio. If Banks are the disease then bitcoin is the cure! Bitcoin is going to prove to be the greatest safe haven asset the world has ever seen, & it is currently already doing quite a fantastic job at moving up in price over time & the chart looks absolutely beautiful. I plan to hold on for at least another 5 or 6 years I think around 2030 the crypto market will be very mature.
IMO, there is no safe haven asset. Bitcoin investment also has risks, the price also fluctuates and unpredictable. I don't really understand why you think Bitcoin is anti-inflationary, I think the assumption is too exaggerated. I also disagree if you assume bank is like a disease. In a certain situation, bank also helps us to have a proper financial system. Sure, Bitcoin makes us to have a better financial in the future. But we can't discredit the existing financial system.

It is good that you plan to hold for 5-6 years. However, you need to understand the 4 years cycle of bearish-bullish. You don't choose the wrong time for buying a lot of Bitcoin for you assets. The bearish season is the best time for buying, meanwhile the bullrun season is the time for taking profits. Personally, I don't set certain years for holding, I just adjust the 4 years cycle. I think it is the most effective way to determine the goal/target.

Anyway, why 2030 the market should be mature? Is the current market not mature?
Honestly, I don't really understand what you mean with 'mature market'.  :-\



Title: Re: End Goal or Keep HODLing?
Post by: GbitG on May 20, 2024, 05:53:12 PM
You need to continue holding bitcoin because if you fail to hold bitcoin that is it possibility that you may not continue to make a kind of profit you do make when you hold so the reason why people hold their bitcoin is because they really want to make a profit and also accumulate from different participative
Hmm that's true but I think Its depends on a person's personal goals and financial plans. Maybe someone bought Bitcoin when it was at $16k and they have already achieved their target and are willing to sell now, they can indeed get more profit if they keep holding in case the market goes up, but it isn't a necessity for everyone to keep holding even when they have already achieved what they were looking for.

One can only keep holding their assets after having met their target if they know they don't need the funds at the moment and they can still keep holding, but there is also a chance for the market to go down and then they might not get the amount of money they were looking for from their investment, this is why sometimes it is better to sell and take profit if you are satisfied with the profits.


Title: Re: End Goal or Keep HODLing?
Post by: YUriy1991 on May 20, 2024, 06:41:47 PM
Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?

What do you do?

If it has been bought and has received profits in accordance with our expectations that we have previously determined whether it is 50% or must be above that number, it is up to us, and it is not funny if the profit has been qualified for us to withdraw postponed again.

Of course, BTC if invested and really gets a maximum profit of at least 5 years and above or longer is even better. There's always another chance if we really want to take it back after you've taken advantage.


Title: Re: End Goal or Keep HODLing?
Post by: coolcoinz on May 20, 2024, 07:46:44 PM
You can have 2 basic approaches to bitcoin. You either think it's a pump and dump and that's where you look for an exit point, or you believe it's a permanent asset that is going to eventually stabilize and become more of a digital gold. I'm in that second group which is why I don't look for an exit price. I only look for a price where I can buy something with my bitcoin and usually that moment is during a rally.

IMO, there is no safe haven asset. Bitcoin investment also has risks, the price also fluctuates and unpredictable.


There's always a risk, but safe haven assets are characterized with very small risk, or a very good risk-reward ratio.
That ratio has actually been measured by a number of investment banks and they came to a conclusion that 1-2% allocation into bitcoin should be a standard among companies.


Title: Re: End Goal or Keep HODLing?
Post by: khiholangkang on May 22, 2024, 01:28:16 PM
Yes we believe in bitcoin about its cycle that repeats every 4 years, and it will give us the answer to the bad FIAT about its huge inflation and taking away our hard-earned wealth, long term defense is good and we will be safe in terms of finance in the future if we hold a large amount.
However it also has risks, even though there is a big possibility that the price of Bitcoin will continue to increase every 4 years, reaching its latest ATH, but there is no guarantee that this will continue to happen, so everything is still possible and I believe that all possible profits will be worth it with the risks.
Yes, there is no guarantee that it will repeat the same thing, but we see that bitcoin has so far done the same thing and proven itself, only self-validation can be relied on to confirm this, bitcoin adoption is not so wide and technology is still developing, so bitcoin is one of the pioneers for the future, even though it is a delusion but who knows that it has the possibility to happen.

I plan like you also to continue to hold bitcoin, but also need to see that market fluctuations exist, and for me who only has a little money to invest in bitcoin then what I need to do is sell when the bitcoin price is high and collect back when the price is very low, and that happens in the Bear and Bull cycle, I have to maximize the benefits that I can get to get to 2030 in a better way than just waiting.

The target is quite long and I like it, 2030 is likely that there will be a lot of profit that you will get if you are able to save Bitcoin.
I am also like you, I don't have a lot of capital to buy Bitcoin in large amounts, but I think that if I enter or try to trade daily to increase my amount of Bitcoin, I will continue to be at risk because I experienced this a few years ago when I tried that but the price Bitcoin is going downhill and I can't get in anymore
So now it's better for me to try to slowly buy Bitcoin slowly to save it for the long term.

Of course trading every day is very inconvenient where we have to look at the market every day and many things have to be considered every day, and daily bitcoin is sometimes flat and sometimes also drops, what I mean is to collect when bitcoin drops or there is a decline like in 2022, it can also be said as a slow accumulation and we sell it in 2025 which is the 4th year in this cycle.


Title: Re: End Goal or Keep HODLing?
Post by: doomloop on May 22, 2024, 07:49:22 PM
other investors can really wait much longer since they don't have any issues with their financial status, they can afford to lose their bitcoins investment and at the same time, they have multiple sources of income.

@yazher, you are right about some investors, before they invest in Bitcoin they were already rich due to other sources of income they built. It doesn't matter much to them if their Bitcoin is left for eternity without being sold. Everybody are not equally rich and doesn't have the same financial status, the only way OP can hold his Bitcoin for eternity is if he was very rich and doesn't have needs for the profit he made for his Bitcoin.
I don't see any point if someone is holding their Bitcoin for infinity or too long even if they are rich because you have to take profit at some point. It might be possible that a person who is already rich is buying Bitcoin not for profit but for the properties and facilities it offers such as decentralization, financial privacy, security, etc.

Those who are not rich and feel that they might need the money very soon, aren't supposed to make investments in Bitcoin or any other cryptocurrency because one should only invest money that isn't supposed to be used for anything else.

This is why people always say that you should only invest spare money in cryptocurrencies.


Title: Re: End Goal or Keep HODLing?
Post by: peter0425 on May 25, 2024, 05:39:27 AM
But if a person is financially unable then he will regularly check the market condition to sell his Bitcoin to make himself wealthy. Every person is not able to continue his holding for longer time and the reason is either impatience or their financial status which does not allow them to keep holding without selling as they need money for managing their life necessitates.
Some people follow the rule that you should only invest what you can afford to lose. So you can just invest a few extra money you don’t exactly need anymore so you hold for as long as you can if possible. Even if you are not the wealthiest man on earth, discipline and determination are two of the things that can make you successful in anything that you do.


Title: Re: End Goal or Keep HODLing?
Post by: ndutndut on May 25, 2024, 06:23:46 AM
I think people who say they will hold forever are just exaggerating. They don’t actually mean they are never going to sell it but rather this kind of expression stems out from the belief that bitcoin is going to continuously grow hence the saying that they will hold on.

They will hold on until they die is kind of saying that no matter what happens, no amount of fud can make them sell their holdings. At least that’s what I think. I do not know any person who plans on never selling their coins.
I also think the same as you. They can say that because they believe that Bitcoin has good fundamentals for the future and that Bitcoin will even become a scarce asset someday. But that doesn't mean they don't sell it, as they get older, the problem a person experiences is that no one knows that they will definitely sell it someday.

Bitcoin is a long-term investment, holding is one way to achieve success and can create financial freedom in the future. Of course it doesn't end there, because even if you sell bitcoin, you will definitely buy it again when the price goes down. Actually, this depends on each individual's goals in investing in Bitcoin. However, what is clear is that Bitcoin investment is about seeking profits, not holding and never selling.


Title: Re: End Goal or Keep HODLing?
Post by: Uhwuchukwu53 on May 25, 2024, 06:56:17 AM
Actually for me I didn't see anything wrong if an investor who is holding BTC for long term decided to sell off some part of the holding when he felt that the profit is ok with him mostly one who has been holding for 10years, except where he want to sell all in his possession but if it's part of it I don't see it as end of investment. Generally in the system everyone has its reason for holding or investing your target will always be a derive to a length which one can hold though many with different agenda some desire to hold for their children, retirement etc just as many writers would have made mentioned, it's also clear in every investment it lasting depends on the sources of investment if your holding when you lack others source of sustainable it's hard to keep holding beyond your target time or duration. But why dealing with the selling of one BTC to a holder who has been holding for long term it's best he sold part why still have some in reserve though this is individual determination to what he desire at that point.


Title: Re: End Goal or Keep HODLing?
Post by: bettercrypto on May 25, 2024, 12:24:08 PM
Actually for me I didn't see anything wrong if an investor who is holding BTC for long term decided to sell off some part of the holding when he felt that the profit is ok with him mostly one who has been holding for 10years, except where he want to sell all in his possession but if it's part of it I don't see it as end of investment. Generally in the system everyone has its reason for holding or investing your target will always be a derive to a length which one can hold though many with different agenda some desire to hold for their children, retirement etc just as many writers would have made mentioned, it's also clear in every investment it lasting depends on the sources of investment if your holding when you lack others source of sustainable it's hard to keep holding beyond your target time or duration. But why dealing with the selling of one BTC to a holder who has been holding for long term it's best he sold part why still have some in reserve though this is individual determination to what he desire at that point.

You know that the long-term system is for investors who don't want to think too much and don't worry about what is happening in the market in reality. As long as theirs is just a hold,
they will only be sold after 1 year or more, depending on when they want.

That's why they are long-term investors; they won't hold if it's only short-term because they don't want headaches or stress while holding Bitcoin or crypto assets.


Title: Re: End Goal or Keep HODLing?
Post by: angrybirdy on May 25, 2024, 02:08:21 PM
Actually for me I didn't see anything wrong if an investor who is holding BTC for long term decided to sell off some part of the holding when he felt that the profit is ok with him mostly one who has been holding for 10years, except where he want to sell all in his possession but if it's part of it I don't see it as end of investment. Generally in the system everyone has its reason for holding or investing your target will always be a derive to a length which one can hold though many with different agenda some desire to hold for their children, retirement etc just as many writers would have made mentioned, it's also clear in every investment it lasting depends on the sources of investment if your holding when you lack others source of sustainable it's hard to keep holding beyond your target time or duration. But why dealing with the selling of one BTC to a holder who has been holding for long term it's best he sold part why still have some in reserve though this is individual determination to what he desire at that point.

You know that the long-term system is for investors who don't want to think too much and don't worry about what is happening in the market in reality. As long as theirs is just a hold,
they will only be sold after 1 year or more, depending on when they want.

That's why they are long-term investors; they won't hold if it's only short-term because they don't want headaches or stress while holding Bitcoin or crypto assets.

Investors that invest in bitcoin is indeed has a long term plan because bitcoin proves itself in the market for almost how many years, Many investors doesn't want to make any regrets if they sell once there's a changes on it's price because we believe that sooner or later, bitcoin will reach it's new ATH and if that thing happens, the value will surely stay or in between the current price that's why many people really wants to have at least small investment in crypto, it's all because of bitcoin.


Title: Re: End Goal or Keep HODLing?
Post by: boty on May 25, 2024, 02:50:47 PM
You know that the long-term system is for investors who don't want to think too much and don't worry about what is happening in the market in reality. As long as theirs is just a hold,
they will only be sold after 1 year or more, depending on when they want.

That's why they are long-term investors; they won't hold if it's only short-term because they don't want headaches or stress while holding Bitcoin or crypto assets.
Those who have been able to survive in the long term will of course no longer worry about market corrections that occur and there are even some of them who take advantage when prices are experiencing a decline to collect Bitcoin.
Every investor who chooses to stay in the long term of course has set their sales target before they start to invest and when they have reached this target they will sell the assets they have held to take advantage of the investment they made.
It is true that it will be very difficult to survive in the short term, of course we must always monitor price movements to be able to profit from it.


Title: Re: End Goal or Keep HODLing?
Post by: Lanatsa on May 25, 2024, 03:09:58 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


Actually it would really be just that depending on you, on when you would really be selling your Bitcoin because each one of us would really be having that own decisions on when they would really be selling their coins.
Some might deciding on holding for next 5 years or 10 years or even more. Some might be considering on selling out every 2 market cycles or bull runs or wouldn't really be selling at all. The key on here is that
you should really be following on whats into your mind and dont tend to mimic or would be tending to copy or listen on what others would really be trying to do. If you do saw yourself isnt that contented with that 2x-3x gain then you could still opt in on holding your position. Come in mind that we arent that still in bull run yet on which means that potential price increase could be more. So it would be just that a waste if you would be selling out your position now.

End goal is something that majority will really be that holding their Bitcoin on which we do know that when it comes to potential then it would really be that understandable or something that will really be that likely
for most people to accumulate considering its the #1 coin in the market.Therefore, potential increase would really be that high but of course you should be that making yourself wary about the probabilities on things about the risks involved. Only invest or put up on the money on which you can afford to lose as always so that whenever the market will be making out some correction then you wont
really be finding yourself on a tough and impulsive condition.


Title: Re: End Goal or Keep HODLing?
Post by: Bitstar_coin on May 25, 2024, 04:09:31 PM
What purpose will btc serve seating idle in your wallet forever?
I think those people who often say this have a target price where they will sell eventually. Individual differences but I would like to believe every btc holders always have a set price goal where they feel is the right price to sell or take profit.
I don't believe in hodl forever, it is unrealistic and does not help btc in anyway if you ask me.


Title: Re: End Goal or Keep HODLing?
Post by: Kelward on May 25, 2024, 04:12:54 PM
Bitcoin has finite supply meaning that it's supply will not last forever, so why hodl it infinity? Except that a holder is so rich reach that he doesn't see any need for him to take profit, then it's a good thing, otherwise for other investors who are on the long hodl, it's good for them to take profit sometimes. The only thing to consider is what time is the best season to collect profits, I believe it's buy in dip and sale in price surge, that is buy in bear run and sale in bull run. The beauty of Bitcoin investment for me is that the longer you hodl it, the more profitable if becomes for you in every bull run.


Title: Re: End Goal or Keep HODLing?
Post by: CryptoHeadlineNews on May 25, 2024, 05:09:57 PM
Bitcoin has finite supply meaning that it's supply will not last forever, so why hodl it infinity? Except that a holder is so rich reach that he doesn't see any need for him to take profit, then it's a good thing, otherwise for other investors who are on the long hodl, it's good for them to take profit sometimes.
And that's why it's always good not to invest all your money in Bitcoin, but rather a reasonable amount you know you could always afford to let go over a long period of time. Because one thing about Bitcoin is that, though it is a volatile digital currency, the longer you HODL, the higher the probability of your investment to double over time, of which after this recent halving, Bitcoin is likely to break a new All-time-High, hitting roughly $100,000 according to speculation. Hence, it's good to have an alternative source of income if only you must HODL your BTC over a long period of time.


Title: Re: End Goal or Keep HODLing?
Post by: teamsherry on May 25, 2024, 05:58:32 PM
What is noticed is that most people after accumulating a lot of bitcoin just rather keep them and sell them little by little and try to maintain it, you see many people view Bitcoin just like any other asset and see no point in selling it.

Although it's not compulsory to do this, long term approach is the best and after accumulating bitcoin for that time period you can decide to see right after you have gotten to your goal, but personally if I'm able to achieve having lots if bitcoin I'll keep em and apply selling strategies, that's how I see it.


Title: Re: End Goal or Keep HODLing?
Post by: Dunamisx on May 25, 2024, 06:09:05 PM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

The reason why we encourage for holding in bitcoin is just to be able to realize profits from our investment than when we are holding our asset on fiat and other investment that could not be profitable, so our ultimate goal on making an investment should first be for the purpose of making being profitable on it, also holding does not mean that we are going to be doing that for live.


Title: Re: End Goal or Keep HODLing?
Post by: GbitG on May 25, 2024, 11:51:57 PM
Bitcoin is a long-term investment, holding is one way to achieve success and can create financial freedom in the future. Of course it doesn't end there, because even if you sell bitcoin, you will definitely buy it again when the price goes down. Actually, this depends on each individual's goals in investing in Bitcoin. However, what is clear is that Bitcoin investment is about seeking profits, not holding and never selling.
Hmm that's true mate You describe it with the right meaning of HODL.
 
Indeed Bitcoin is a long-term investment through which you can make a profit. I mean holding up for a long time is only the best modification for organizing the profit at a high margin. Like the previous bear market means those who have bought Bitcoin at 15k and held it, then definetly those people will be in profit, i.e recently Bitcoin made its new all time high at 73k. It means to say that he is definitely in profit. So you are right that HODL is a best optioned strategy under which we can surge profit margins and it is the beauty of Bitcoin that it follows a bullish pattern in the long term.


Title: Re: End Goal or Keep HODLing?
Post by: synchronym on May 26, 2024, 03:35:28 AM
Of course, long-term investments in Bitcoins can yield good returns, but Bitcoins are not meant to be held for life. If we always invest in Bitcoin investment with a long-term plan, we will definitely get a substantial profit from that investment. Many times it is seen that many investors are very hasty and rush to invest thinking that Bitcoin investment will make them a millionaire overnight but it is not like that. Bitcoin investment and always we have to invest patiently if we can invest patiently we can definitely get a lot of success from this investment.


Title: Re: End Goal or Keep HODLing?
Post by: Belarge on May 26, 2024, 05:31:26 AM
Of course, long-term investments in Bitcoins can yield good returns, but Bitcoins are not meant to be held for life. If we always invest in Bitcoin investment with a long-term plan, we will definitely get a substantial profit from that investment. Many times it is seen that many investors are very hasty and rush to invest thinking that Bitcoin investment will make them a millionaire overnight but it is not like that. Bitcoin investment and always we have to invest patiently if we can invest patiently we can definitely get a lot of success from this investment.
We make investment for the future, atleast that's the reliable means to stay positive and survive. We're not in the right state to predict when we will be having enormous profits in the space, we should always beckon on winning and become a solidable trader when it involves profits running. Bitcoin generates profits but we should be careful when it comes to holding, always ensure to hold bitcoin during the bear season and ensure to trigger sell button when the bull season finally arrives.


Title: Re: End Goal or Keep HODLing?
Post by: Fara Chan on May 26, 2024, 05:56:48 AM
The reason why we encourage for holding in bitcoin is just to be able to realize profits from our investment than when we are holding our asset on fiat and other investment that could not be profitable, so our ultimate goal on making an investment should first be for the purpose of making being profitable on it, also holding does not mean that we are going to be doing that for live.
Holding something because there is a better goal is highly recommended in life, especially if what we hold is an asset that has been proven to be quite good for investment, namely Bitcoin. Because in terms of profits, Bitcoin is clearly far superior to just holding fiat money which cannot be expected to make profits like people who hold Bitcoin itself. So it is very wise if you and other investors choose Bitcoin because there is a specific goal you want to achieve in life which might also make you quite comfortable for the rest of your life.


Title: Re: End Goal or Keep HODLing?
Post by: kentrolla on May 26, 2024, 06:14:32 AM
Of course, long-term investments in Bitcoins can yield good returns, but Bitcoins are not meant to be held for life. If we always invest in Bitcoin investment with a long-term plan, we will definitely get a substantial profit from that investment. Many times it is seen that many investors are very hasty and rush to invest thinking that Bitcoin investment will make them a millionaire overnight but it is not like that. Bitcoin investment and always we have to invest patiently if we can invest patiently we can definitely get a lot of success from this investment.

Yes it doesn't make sense if you never take profit as we need to learn taking profit be it trading or investment and I have seen many investors including myself to be gradually withdrawing profits during some emergencies or just for upgrading stuffs in our life be it house, car or education. There is no point of holding it forever and majority of investors have a plan and they don't hold on forever.


Title: Re: End Goal or Keep HODLing?
Post by: blckhawk on May 26, 2024, 06:59:50 AM
That's because those people are either talking shit and they won't hold out their promise of not selling until they die and that all of it is just a stunt to get themselves some attention or that they have a really ambitious price that they want to sell their bitcoins, that's the only two reasons why you hear people like that say those stuff. I think everyone here has an end goal when it comes to bitcoin investing, I'm sure that everyone of us has a desire to spend some of those hard earned investment into something that would make us happy, I don't think that there's no person out there that's devoid of such emotion and that they will never ever have any kind of want that can be supplemented by their bitcoin profits.


Title: Re: End Goal or Keep HODLing?
Post by: Roseline492 on May 26, 2024, 07:36:00 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?


One thing you should understand is that when they talk about holding it doesn't necessarily mean that you will hold your investment till you get older and also regardless of how important it is for people to hold but each investors has there decisions in regards to there investment weather they can be able to hold or not, so is not actually mandatory or by force that every investors most hold, however sometimes it seems that most people confuse long term holding for a lifetime holding because they feel that the only way they will be regarded as a holder is only when they hold till they get older.

So actually that's not the only way to be regarded as a holder because for me I believe that from 5 years and above could be regarded as a holder and besides the reason why people are always emphasizing on holding is because of the Volatility nature of Bitcoin so the only way to be safe is by holding. However in regards to your question weather to leave your Bitcoin forever or to sell it, actually there is no way you would leave your Bitcoin forever without selling it but however if you still have enough money that can sustain you for a long time I think you should keep holding because who knows how far the price will go in the time to come.


Title: Re: End Goal or Keep HODLing?
Post by: Mrbluntzy on May 26, 2024, 07:40:31 AM
Of course, long-term investments in Bitcoins can yield good returns, but Bitcoins are not meant to be held for life. If we always invest in Bitcoin investment with a long-term plan, we will definitely get a substantial profit from that investment. Many times it is seen that many investors are very hasty and rush to invest thinking that Bitcoin investment will make them a millionaire overnight but it is not like that. Bitcoin investment and always we have to invest patiently if we can invest patiently we can definitely get a lot of success from this investment.

Yes it doesn't make sense if you never take profit as we need to learn taking profit be it trading or investment and I have seen many investors including myself to be gradually withdrawing profits during some emergencies or just for upgrading stuffs in our life be it house, car or education. There is no point of holding it forever and majority of investors have a plan and they don't hold on forever.

The only reason why a Bitcoin investor would not want to take profit is when they are not interested to sell their asset in a short period of their investment, they may want to hold for a very long time because the still have other sources of income to sustain them until their Bitcoin is ready.


Title: Re: End Goal or Keep HODLing?
Post by: pinggoki on May 26, 2024, 07:50:03 AM
~
When someone has made a profit from an investment and does not take the profit, of course they will be ready to hold it for a longer period of time, but if I myself have made a profit from the investment then I will take the profit and when the price goes down again then I will collect it back at a cheap price and hold it for a long period of time, you are right, of course there is nothing wrong with enjoying the profits from investment and that is the goal of every person who invests.
That's the deal with it, you sell at high and then you will buy at low but in some cases because some people have it hard for them to think the right way when faced with such big money because the profit, they almost always end up doing the wrong thing, they get greedy and ride it out thinking that a peak isn't near yet and that the price of bitcoin will never go down and then they end up panic selling when the price has gone down significantly and it's not the consolation kind of panic sell too, they almost always end up panic selling too late, not getting the best of profits at the end. That's why I think I having a personal goal of when you're going to sell your bitcoin is the optimal thing to do. Totally agree with you that there's nothing wrong with enjoying here and there but you need to understand that priorities should be in order and if the enjoyment isn't at the first of the line, you're probably going to need to do something about it.


Title: Re: End Goal or Keep HODLing?
Post by: Dr.Osh on May 26, 2024, 08:01:40 AM
Of course, long-term investments in Bitcoins can yield good returns, but Bitcoins are not meant to be held for life. If we always invest in Bitcoin investment with a long-term plan, we will definitely get a substantial profit from that investment. Many times it is seen that many investors are very hasty and rush to invest thinking that Bitcoin investment will make them a millionaire overnight but it is not like that. Bitcoin investment and always we have to invest patiently if we can invest patiently we can definitely get a lot of success from this investment.
well, when we invest in something, especially bitcoin, we need to have a strategy for buying and selling so that we make a profit. I think the ultimate goal of investing is financial freedom. So, as long as we don't get that, we need to try to continue to utilize the investments we have. It's good, when we have made a profit from Bitcoin, we need to take a few percent of the profit. This can be used to buy other investments, or perhaps buy back when prices are down.


Title: Re: End Goal or Keep HODLing?
Post by: Inwestour on May 26, 2024, 08:14:27 AM
Hmm that's true mate You describe it with the right meaning of HODL.
 
Indeed Bitcoin is a long-term investment through which you can make a profit. I mean holding up for a long time is only the best modification for organizing the profit at a high margin. Like the previous bear market means those who have bought Bitcoin at 15k and held it, then definetly those people will be in profit, i.e recently Bitcoin made its new all time high at 73k. It means to say that he is definitely in profit. So you are right that HODL is a best optioned strategy under which we can surge profit margins and it is the beauty of Bitcoin that it follows a bullish pattern in the long term.
You described an ideal example of a transaction when a holder can buy Bitcoin at the lowest price in a bear market, but we know well that this happens extremely rarely, firstly because the price remains at the bottom for a relatively short time, and secondly, few people enter into a position alone deal, they are often bought in parts, so the final price will be higher than the bottom value. But you are right that you need to buy in a bear market and sell in a bull market, those who buy now will become forced holders for many years.


Title: Re: End Goal or Keep HODLing?
Post by: leonair on May 26, 2024, 08:34:39 AM
Hmm that's true mate You describe it with the right meaning of HODL.
 
Indeed Bitcoin is a long-term investment through which you can make a profit. I mean holding up for a long time is only the best modification for organizing the profit at a high margin. Like the previous bear market means those who have bought Bitcoin at 15k and held it, then definetly those people will be in profit, i.e recently Bitcoin made its new all time high at 73k. It means to say that he is definitely in profit. So you are right that HODL is a best optioned strategy under which we can surge profit margins and it is the beauty of Bitcoin that it follows a bullish pattern in the long term.
You described an ideal example of a transaction when a holder can buy Bitcoin at the lowest price in a bear market, but we know well that this happens extremely rarely, firstly because the price remains at the bottom for a relatively short time, and secondly, few people enter into a position alone deal, they are often bought in parts, so the final price will be higher than the bottom value. But you are right that you need to buy in a bear market and sell in a bull market, those who buy now will become forced holders for many years.
Anyone who can invest in bear market can earn huge income. It is possible to profit by holding Bitcoin. many of us don't sell Bitcoin no matter how low its price is, many of us keep a price target and sell when it rises, and many of us don't have an immediate decision. All strategies are potentially comfortable with each individual. so it doesn't matter who used which strategy. Being able to make a profit is the big thing. And no matter the amount of profit, if we are satisfied with it, then we are successful.


Title: Re: End Goal or Keep HODLing?
Post by: summonerrk on May 26, 2024, 08:51:41 AM
I think that each of us should know his goal, after which he will withdraw all the money earned, or at least not a small part of it.
After all, all our work in the crypto industry must have physical results. Yes, we all fall for getting more bitcoin or other cryptocurrencies, but does anything change in our lives from the increasing numbers on the screen? No.
Therefore, everyone should think about what they want to buy, how they save up cryptocurrency. It could be a car or an apartment.
But it is definitely impossible to invest and trade in foreign currency aimlessly.


Title: Re: End Goal or Keep HODLing?
Post by: amihada on May 26, 2024, 09:29:15 AM
the purpose of holding is to wait for the price to rise when the price has gone up and by releasing it you will make a profit then the coin you are holding will be released and when the coin price goes down then buy the coin and keep it again like that I hold the coin I have a target.


Title: Re: End Goal or Keep HODLing?
Post by: AnonBitCoiner on May 26, 2024, 09:35:34 AM
The only reason why a Bitcoin investor would not want to take profit is when they are not interested to sell their asset in a short period of their investment, they may want to hold for a very long time because the still have other sources of income to sustain them until their Bitcoin is ready.

Everyone desires to have more profit and Bitcoin cannot give us quick profit in a short time therefore everyone wants to hold their Bitcoin for a longer time but it is easy only for those who have some other source of income and they are not dependent on Bitcoin for money.

They can continue to hold Bitcoin if they are already earning a good sum from another job so they will not think too much about their Bitcoin investment and their patience to hold Bitcoin longer will make them able to take out their profit when Bitcoin shows a surge.


Title: Re: End Goal or Keep HODLing?
Post by: nullama on May 26, 2024, 09:57:13 AM
I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?

I think that this is a personal choice.

Some people want to pass their wealth to the next generation.

Others want to save with a good financial instrument such as Bitcoin and then sell it whenever they need money for something, like buying a house, etc.

There is no general answer to this I think.


Title: Re: End Goal or Keep HODLing?
Post by: Iranus on May 26, 2024, 10:08:56 AM
I think that each of us should know his goal, after which he will withdraw all the money earned, or at least not a small part of it.
After all, all our work in the crypto industry must have physical results. Yes, we all fall for getting more bitcoin or other cryptocurrencies, but does anything change in our lives from the increasing numbers on the screen? No.
Therefore, everyone should think about what they want to buy, how they save up cryptocurrency. It could be a car or an apartment.
But it is definitely impossible to invest and trade in foreign currency aimlessly.

Taking profits is never wrong and I like to live realistically like you. Don't forget that the goal when investing in bitcoin is that we want to be rich, we want to have a better life, and for that to become true, we should take profits every time bitcoin reaches the goal we have set. Keeping all our assets in bitcoin or cryptocurrency but our lives are not getting better, we still live in poverty, what is the use of owning a lot of bitcoins?
That's why I'm always against people who intend to hold bitcoin forever and never sell it, I find it funny and really don't understand what those people were thinking when they made that decision.

After all, bitcoin is just a tool for us to use to create money, it is not our god or parent, so we do not need to worship it and never use it.


Title: Re: End Goal or Keep HODLing?
Post by: JollyGood on May 26, 2024, 02:46:35 PM
Well, here we are again 10 days after this post below but nothing much has changed as far as the OP is concerned. Including this post there are now 188 posts yet the OP had managed to make just two posts here. It is not a surprise the OP does not want to waste his time here because the lack of merits dictated that move.

The first post in this thread (the OP used to create this thread) was made on 24th March 2024. The second post made by the OP was made today on 16th May 2024. The gap between the two posts was 125 posts. Not only that, the last post in the thread was 29th March 2024 but the OP decided to post here today.

Not in all cases but most, if members are not going to participate in threads they create they should either lock them or not bother making them in the first place.


Title: Re: End Goal or Keep HODLing?
Post by: GbitG on May 26, 2024, 08:30:44 PM
Of course, long-term investments in Bitcoins can yield good returns, but Bitcoins are not meant to be held for life. If we always invest in Bitcoin investment with a long-term plan, we will definitely get a substantial profit from that investment. Many times it is seen that many investors are very hasty and rush to invest thinking that Bitcoin investment will make them a millionaire overnight but it is not like that. Bitcoin investment and always we have to invest patiently if we can invest patiently we can definitely get a lot of success from this investment.
Hmm I agree with you that Bitcoin is a good yield returner, but it doesn't make sense to keep it for life time. First of all, let's give a little inspiration on what a long-term investment is. That means HODL. It is a strategy that starts with an investment and ends with a success goal. That is, if a person takes Bitcoin for long-term investment, first of all he has to set a goal, that is, when and how to buy or sell Bitcoin, in which the strategy should also be given, be it Lamp Sam or DCA. 
 
Or in other words, hold on for dear life, that is, hold Bitcoin until your aim goal is achieved. Like If Bitcoin price surges in 4 to 6 years, then I will sell my Bitcoin for profit. Despite this, this is the real investment in which you have a proper plan, i.e., aim under strategy to make an exit or entry.