Bitcoin Forum

Yes, markets are crashing. Yes, it feels pretty depressing to see digital wealth collapsing in the front of your eyes.

Yet, this goes against the notion of the HODL entirely. If one were to look at the entire history of Bitcoin and crypto, there have been similar corrections. These always usually happen around January. The market shakes out the newbies and those that panic tend to get flushed out.

https://www.coinbureau.com/analysis/virtues-hodl-market-crash/

There are also suspisions that these could be large whales that are trying to spook the market and profit on large short futures that are currently on.

Either way, the Hodler does not let fear and short term market movements drive his / her investing decisions. I know Warren Buffet does not like crypto a lot but he said "if you cant lose 50% of your investment in a stock and still be confident in it, then you shouldn't be in that stock"

Are there any fellow hodlers here?

Portfolio down abt 88% but can't sell now. It doesn't make sense. It's better to hold on the down trend isn't new but this magnitude is something new. Volatility is been explained in a new form.

Hold on

My portfolio is down to earth as well but I am not selling anything, I might buy in this dip but currently I am waiting for an altcoin dip.

Only in crypto market you will see your fund in BTC going down from $4k in the morning to $3k in post dinner and still you can do nothing about it. Reason? Optimism. We all believe in BTC and crypto market at a whole and think that they will prosper in long terms. A very big example of a virtue of a great HODL is the Btc itself. People who earned hundreds of BTC don't really despair with such corrections because they are still rich.

Correct, my portfolio is also down, funny this is, before the slump, I have thought of moving some funds and cash it out. Unfortunately, the crash happens, damping my chance of doing it, so I have no choice but to Hodl tight right now.

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I believed that most of us here are really for the long haul, specially in bitcoin. This is just another test and I'm sure that it will be pass with flying colors again. We have so much optimism that we can recover from all of this. And for long time holders, this is not new to them. I'm sure that they are not shaken, only those who are really weak and afraid of the situation will really do the opposite and sell while the price is going down.

I am still holding my Bitcoin and even if the market dropped to $1,000 I will still be holding because I believe in bitcoin and I always said to my friends that the future of bitcoin is bigger than whatever is happening now. If the whales are manipulating the market because they what to dump the market so they can buying cheap I will not still sell because of that. I will encourages us to keep holding and by June or July we would not regret were the Bitcoin prices will be.

Me too have to hold back the coins I have. I was supposed to exchange it last week, but held back due to the high transaction fees but now even the value crashed down. Completely erased the thought of trading instead planned to buy few more coins and hold back trusting on their growth in short while. Hope to gain a decent profit.

It's not a wise choice to sell when you're down!

Fellow hodler here of course, my first reaction to the markets like this is hmm who is trying to shake me out of my bags. And my second reaction is good effing luck I ain't going nowhere homie :). Yall can keep trying to get me out but I am hodling for that long term game don't need that liquidity yet ;).

Count me in. The great HODL has already proven its value countless of times for the past several years. There is no point doubting the wisdom and experience of this strategy. The ride with the great HODL is really bumpy but the returns are more than worth the ride. There will be so many corrections along the way, dumps and dips, but in the end we will be looking back down the road with a smiling face and a bulging wallet.

It looks like you might have a lot of altcoins so you lost 88% of your money. If you hold some good altcoins like ETH, NEO, LTC and etc you wouldn't have lost so much money. But nothing to worry because all these are good experience and crypto still need to go very long and you will surely get a chance to improve your skills to make more profits. If possible you can try to buy some at these dips so that you can recover back your losses faster once market starts moving up.

You will not lose if you have not sold out to get back too little money. Please keep the coin you have, do not sell now you will regret later. The market is rebounding and everything will be stable in the next few days so the calm in the market volatility is a very necessary element for a trader. I believe hold is the best investment in this time.

I was waiting for this price down since my friend told me, almost every January BTC price will be drop down and it would be the best chance to profit, then 2 days ago market price start to turn red, good coins start to drop down by 15%, and thought to myself this is the moment, use all my reserve funds to buy coins, then yesterday market price drop down drastically! F^*&CK!!! If only I knew that 2 days ago price drop down is only tip of an iceberg!!

So to my fellow HODLer! A little bit more and the market is recovering

I am still holding my Bitcoin and even if the market dropped to $1,000 I will still be holding because I believe in bitcoin and I always said to my friends that the future of bitcoin is bigger than whatever is happening now. If the whales are manipulating the market because they what to dump the market so they can buying cheap I will not still sell because of that. I will encourages us to keep holding and by June or July we would not regret were the Bitcoin prices will be.
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Even if you believe in bitcoin, it never hurts to take profits when you see an extraordinary move upwards. Those who sold at around $16,000 -$19,000 are now able to buy back much more. Food for thought for next time it pumps...

Yeah well, yesterday i was in a huge lose of more than 70%, and i am fine at all, i am not thinking about selling everything because it makes no sense, it is just like giving your entire portfolio to anyone just for charity, i do not understand why a lot of people are always selling everything when they are down by more than -50 or -70 percent.

That's why it is always good to "Swim with the Whales"
The Virtue of Hodling only applies in a Whale-free market, not in our markets.
Even P&D groups are infesting those exchanges.

At least in the long-term, if digital currencies become successful, your perseverance will pay off.
So if you're into Hodling, better stay away from these market crap™ news.

I am hodling as well. I also wanted to cash a little bit out to do some things I needed to do for the family but now unfortunately I am just resting on my bags lol.  I am currently 60% down on last week's ATH and it really sucks but I got no choice now but to be one of the 300 SPARTAN HODLERS of hardcore crypto enthusiasts. Oh well, can only wait patiently for the next bull run which unfortunately I don't see it coming any time soon.

Holding is the real way to make money in here, if you are in here to make a few pennies a day only just for "trading" then let me tell you that you are seriously wasting your time in here.

Just go out, and buy some cryptos, keep them for a while and you will see how much money have you earned.

I hold portfolio and not selling even when the market drops and I do not panic when he went out to minus by 50%

   I hold too! I watch prices daily, but I do not get upset by the
downtrends, I plan to hold for years!
   I am buying more. This times are awesome for buying more,
nothing big, how much I can.
   January is behind us, and after a month looks like price is slowly
recovering. New things happen, I think some Bitcoin meet ups this
year will bring some good news, they are announcing big contracts,
and great new ideas.
   I am holding and I enjoy watching how Bitcoin spread influence.
I believe that we are at the beginning, things will get much hotter in
the future for people who hold crypto-currencies!

I keep my currencies despite the high volatility of the market, because I think that the more the blockchain technology is adopted, the more value the coins will have in time, the more long-term we should think and not look at the price much

I think many of the hodlers here are those people who bought the BTC at 200 USD. But those people who enter at 17K USD I think many of them are planning to exit or probably cut their loss already. I think this situation of hodling will vary depending on their price entry. We cannot blame them if they choose to exit.

Well not everyone can afford to keep their money stagnant for a long time. It wouldn't be that hard for most of us to just hodl if it was possible right? And there are also those that doesn't seem to have prepared for what they'vr gotten themselves into. I think its really an advantage if you have a consisten source of income when you re trading especially if you're starting

So many commentators will say they are not involved in daytime trading
Because most people do not have the professional qualities a trader has
So buy hold, wait for a long period to sell, may be the best choice

That's good motive for those who are scared to death when they see the bitcoin moving down very hard. I am pretty sure that crypto currency is like a girl and she is very moody as normal girl would be. :-D

Now think about it in reality, you do have to face many moods of her and you do actually face them with great bravery and don't get panicked about her. So that is the same thing here guys, you just have to be calm and you will get the fruit later in the time. Keep it simple.

Hi! fellow HODLers i got some great new's for you about an ico that has been in the green area from the start of it's launch in a bad market. Not only that the company has a great goal and a dream to make every one's life more healthy by giving out tokens for working out, but that's not the best part If you hodl enough you will be an owner of a solid companies shares! how awesome is that?  please tell me what do you think and can you recommend other coins to HODL? https://cryptonews.com/news/lithuanian-startup-kicks-off-new-coin-model-mulls-ipo-1438.htm

No matter how down is market now, there is no point of doing selling of tokens/bitcoin/altcoins right now. If we want to have bigger profit, we need to keep HOLDLING no matter what. We don't know until when will this market be like this, there is no exact time but we should learn how to be patient, that is the only key to earn bigger profit that will lead us to success.

I think we are all at the same here since our profulio almost dump at this time all i can say now is to hold my coins and tokens instead of selling this in a low price i would prefer to wait until the price will move upward and recover again our lose investments remember we wont lose our investments unless we sell it in a low price so HOLD!!!!!

Discipline yourself before joining a long term hold cause after that there's no bitching back there is a chance that you could be broke if you anic and sel almost everything in your holds rather than holding it until it's good enough.

You really need to have a definite strategy when investing in cryptocurrency. Holding for the long term is always the best strategy irrespective of wether the market is crashing or not.

That's why, you need a lot of research to be able to pick good coins you wish to invest in and hold for the long term.

One of the biggest virtues of holding is that, it gives you the best gains as an investor

Actually nothing else to do except you are comfortable with loss! You must hold to at least to break even assuming you can not wait for profit. The fact still remain you must wait!

I do agree with you. Long term hold is good as long as you are holding a good coin with solid development team. Sometimes, the price even drop to a very low that you lose more than half of your investment.  Like now, all portfolio drops too much, and if you are holding not so popular tokens seems you'll suffer more.

Hope we will see recovery this middle of the year.

humans in a hurry to panic and It is easy to influence them through bad news.
Big whales use their media power to spread a lot of bad news and sell a number of Bitcoins to make the price fall and the effect of landing with bad news leading to collapse.
Now these users/whales are buying Bitcoin at cheaper prices.
Just HODL and Stop listening to news and analysis.

It's a routine process in bitcoin to increase and decrease in price.Mostly bitcoin price tends to increase gradually but the big whales do not let it go by that way and they always fill the market with FUD and let the price down.Long time holders know very well about this phenomenon and they just don't bother about short term fluctuations.Hodl to taste huge profits in the crypto world.

I feel that is the most important thing here because if you do not discipline yourself, the chances of falling for FUDs unnecessarily will be possible for someone who is really having a shaky mind. When the market recovers, it may be very hard to start catching up, so the best thing is to always learn how to hold and make a good profit in the long run when it recovers, as the coins always come back big.

It is just common sense, why will you ever sell at all when you are already in a huge loss ? I have never seen a single market that does not end up recovering in the long run, and one would be happy he or she was able to garner those patience and discipline to wait because you will definitely be reaping the great benefit as time goes on when the recovery eventually happens.

Fluctuation is what made bitcoin the most attractive investment place at present. Only due to its volatile nature, it has become possible for the holders to increase the capital by buying and selling it out at appropriate time. Big whales do effect the digital market. It just appears ugly but in reality, big whales create a chance for new investors to spend money here when the value is decreased and earn profits by selling out at high price.

yep HODL your money for better returns. Market these days is almost dead you can't figure it out what is going to happen next so, It would be better to sit back, relax and wait for your coins to pump in good market.

Holding is the only option when the coin you have invested into is one of the most expensive coins of the market like bitcoin and some famous altcoins. You never know when the prices are going to take a huge leap. I have even stopped my friends for not trading with bitcoin because it is highly suitable for holding. It increases immensely in prices when kept in wallets for a couple of months.

Yeah, and if you are even patient enough, you will not just break even as you will also end up making a lot of profit while holding. Some of us who has been in this show for a while already know the importance of doing this.
It is just one way, either you sold at the top and you are buying back at the bottom, and anyone selling at the bottom should either have an urgent need to take care of because it simply makes no sense selling at loss.

Yes, at this stage, anyone who has been holding since the market started dropping hugely would have no choice that to keep holding and hoping for the best. The important thing right now is to just never give up faith in what you are holding as long as you trust it to be a strong coin and not just some shit coin. Holding is always fun and it takes some experience and patience in getting used to as time goes on because when you see those profits eventually, you will be happy you did.

even my coin lost $$ more than 90%
u know what i'm thinking now?
forget it, i'm not going to touch my coin maybe for 1 or 2 years
when i keep seeing that coin i feeling frustated , then the way i should do now is forget that coin and HODL

They called it patience is vertue and i second agree with that if you have a good strategy and not greedy in trading im sure your gonna success in the future the best part is for long term trading.

I remember sometimes last year when the market got beaten down seriously and I bought doge at 30sats and it got drained up to 14sats, I held and when the market recovered, doge hit above 100sats and anyone can do the calculation. That is always the value of hodling and buying more during the dips, at least it would be more like buying marginally. As long as people keep that in mind as long as they have been holding during the dip, they would be fine.

At least you are going the right way because of your arrogant attitude! Sometimes bad things can lead to good one and one must thank to that one. You might just hold the coins because of your anger but tell you what you will not regret this hold in the future as the prices would have already touched the skies and you might be retiring depending upon the amount of money you have invested today. However, if you see the market today then you will recognise the power of the BTC where it is increasing the volume with crazy speed. These kind of events will come over and over again in the future and it will keep pushing the prices further. Thats why holding stands good chance of giving us profits.

But what if you are holding out to a coin that there is absolutely no hope for it to recover even in the far future? You may still find hope in yourself with HODL notions and all but that idea is not applicable to all coins. If a coin 's price is just playing around 5-10 cents over the year and gets even lower the following year, will you still hold on to that coin because you believe in its features in the first place?

The HODL principle is still the best option and determined people will smile in no distant time

Yes, its really a virtue to have patience and not just make hasty decision that you are going to regret later. We should learn from those early adopters to have patience and wait for the right moment to sell our coins in order to maximized profit.

I know its really going to be tough, but you have to think for the future. Apparently, it really works so for those who are getting into the market and investing, you have to keep in mind that in this market, you need to hold for as long as you can and don't panic.

Yes, I am a fellow #HODLer. I have been holding most of my tokens as of now despite the bearish market. Imagine from $15,000 down to $5,700, then trading between $6,500 to $7,200 in the past few weeks before it goes back up again between $7,800 to $8,100. I still believe that it would go bullish again in the second half of this year. Cheers!

Well definitely it is all about the patience when you come in the trading field. Either you are doing day trading or holding your coins for long time, you must be patient so that better results can be drawn out. But people don’t consider this point and take it as for granted which results is bad ending for any sort of method. Holding will automatically help you to be patient but still you must do it yourself.

If its a good coin then holding is the last option for you, if you can see the prices are slowly recovering. Don’t lose hope your profit will come to you on time be patient this time and just keep on learning things so you will not buy shit coins again.

That's the nature of this market. If people have the balls to enter the market at $15,000 levels, then they should also have the balls to keep hodling through the correction. It's pointless to expect anything different at peak levels.

Supply and demand has different phases, and especially in case of a strong bull run going on, you know that the price is almost guaranteed to fall back down to levels significantly below the highest point.

Common sense should be enough in this case to understand the effects of hype demand and the adjustment back to regular (much lower) demand. The difference between the two is immense as we have seen.

1 btc is always 1 btc, I realized how poor centralized currencies are, so if I don't need them to pay for something, it is meaningless for me to sell my btc at $6000 or $20.000. It is valuable for its properties to me not as it is exchanged for $8000 now

Yes that is how it should be.
Sadly users now cannot sleep because they keep on converting their bitcoin and other crypto currencies into USD.
They dont see the thing that we see.
It aint a ghost so why do they have a different view. I guess there have been too much short term investors or sometimes I call them short tempered human beings.
You cannot wait then get out as fast as you can. There will be a lot of dips that may come and you might not be ready and cause a panic.

Holding always pays you off. And especially if you are holding the coins that have much bigger values. They will never come to give you big profits if you don’t have confidence in them. Like bitcoins, if someone is enough confident on these and hold his coin for longer times, definitely he will be getting much bigger profits at the end of day. You can’t just waste up the whole amount but doing day trading.

That time of the year was expected to have an incredible correction sadly for newbies and other new starters they didn't know what to do and the upcoming disasters wasn't expected from their side so that leads them into panicking that was the reason why some influential fuckers was ruining bitcoin's reputation into having Bitcoin branded as a scam subject.

Well then, common sense must be not so common anymore since there are many who don't understand the effect of the hype and the correction we experienced after. There are many who lost faith and sold their btc after seeing the price go down, and most are the early investors who jumped in the hype. There are even those who attempted to spread negativity and FUD such as saying that BTC is about to die or completely lose it's value. Unfortunately, not many understand this nor do they have the guts to stay and hodl.

There is another view on this though. While I am a fan of the great hodling for quite sometime, something within me changed when I spoke to one of my friends, who is an expert in finance and trading. He told me that there are times when you are already losing so much yet you are still obsessing so much about the idea of hodling when in fact you earn more when you try to cash out. Say for instance, you get little earnings like 1% on a daily basis had you opted to cash out every so often yet you hodl thinking that in the latter, you get to earn 10% increase in a week time. But think about it, have you really earned more in the latter, taking into consideration inflation? I do not think so. Hence, you have to learn how to weigh things before you act upon it.

Well the thing is, nit everyone has the luxury of time and holding for a long time can't be a part of their plans. Sometimes you have to still react to how the market moves if you can't afford to hodl like others.

Actually digital wealth is not collapsing in the front of your eyes.If the price of brought coin is reduced,then you will see the value of holding coins is reduced.Consider the coin as bitcoin.But actually the value of  bitcoin is not reduced,it's seems like reduced.Once the price increased ,it seems the value increased.If you hold more than two months,you will get huge dollars for the same bitcoin.

I just realize that bitcoin always show uptrend after I open yearly graph , well that's make me feel regret if only I keep hold bitcoin from 4 years ago, I can manage massive profit about 20 times !

From now on,I just believe and keep HOLD as long as possible

The only way, to avoid the loss is we must dare to take risks that are with "the great HODL" for a long time.
It doesn't matter how long it takes or how difficult it. In essence, we should be able to come out as the winners eventually.

I remember that was before the fork in August that really caused the first leg of bull run for bitcoin with a lot of traders dumping alts for bitcoin to get part of the fork and also ba a part of the profit in bitcoin. However, the bull run continued until sometime late last year, and the good thing was that I bought some of those altcoins at the bottom, and I was really surprised to see how much I made from those alts later that year.

This is in the perspective of being a trader, but the thing here is that, for those who cannot trade, holding always work better than anyone can ever imagine.

These are the cases, we must be able to handle such exceptions and only case, we would be able to make a good impact on the world. Because by then, we will be solving problems and catering the issues of every person. So yeah this is a dilemma especially associated with people who don’t have any other source of money other than this bitcoins. So they can’t hold much more.

That was actually meant to be the idea which a lot of investors would be following rather than letting the whales get them emotional until they panic and rush out of the market even with the loss and that is when they actually end up losing out.

The way to never get emotional with the market is to hold for the long term, buy more if you have the chance of buying the huge dips, and then looking forward to even a better future. However, it is something some people may not see until they get to that position and realize how much mistake they have made.

We all agree with the virtues of the great HODL. This being said, if you manage to sell at the ATH peaks and to buy back at around the bottoms you may end up multiplying your money, which is much better :)

Off course old days are always best one to know how the HODL strategy works the best!! We know all the stories of pizza boy, a waitress and her sister and much more who became millionaires later on when they had the bitcoins in their wallets, doing nothing but just hodling. If that was possible without any future of the bitcoin and no developments at all then I am sure in todays world when the developments are being taken place at alarming rates and there is some future of the bitcoin then HODL is very very important this time and it can bring good stuff.

If you cannot even have any patience in any market, it is always very easy to shiver and drop out before you even started.
A lot of people today are so greedy and so eager to just want to make quick money, thinking with cryptocurrency, they can just easily get rich overnight.

If you are not working too hard for it, the only thing is to have some patience until you see the growth and if you want to work hard to reap the benefit of the fluctuation, rather than complain, people should go learn how to trade, but I must say it is not as easy as it looks.

In my eyes there comes a certain point where you have to HODL, when your portfolio is down so much that there is no chance that you're going to cut your losses now and lose out on a potentially high amount of profits if you are to stay in the game. The big thing a lot of people miss in crypto is that we have always bounced back (based on our past performance) So there is data to show that we have recovered from these sorts of losses and are going to do it again.

I'm going to HODL, who knows what the others do.

If patience is a virtue, same thing goes with HODLing. It's never easy, but it's the ticket for brighter future. In a digital era where BTC and other cryptocurrencies has evolved rapidly and the price volume drastically changed from time to time causing it to plunge and at the same time very unpredictable, I believe right attitude can have a big impact to face this kind of challenge to gain quality and excellent outcome.

I do somehow believe that it is accompanied with a little luck together with your patience yet there are really scenario which a coin would really be worth to hold on for future but there are always instances on which you should really able to get out or exit on the right time for you to secure out profits yet those coins would able to hit their last ATH. If you do still let your patience/hope and beliefs control you then you would really miss out those chances.

The only coin it trust to hold for a longer period is bitcoin and nothing else, if you are able to enter the market at the right time then you will end up profiting, i had made some decent profit in some of the alt coins but once i exit the coin at a profit i never had the nerve to enter once again (i have made some exception in the past with ETH) even when the market is on a correction phase but i will enter bitcoin without a second thought if i get the chance when ever the market goes down, the entry point is always important.

The reason so many people have problem with HODLing is because they are never patient. In this present life that we are, every young man and kids even want to make a lot of money without at least working for it and that easily sets in greed and once anyone is in that world, it is always easy to get emotional and panic easily. For those who understand they are investing for their future and also understand the risks involved, holding is just one thing that comes easy.

To hold for longer duration, yes we must need big determination and patience. We should not get panic and greed as well. Only for the highly determined people, it will be possible to hold for longer duration. All others will get failed when markets falls or pumps down.

Hold till we feel that coin didn't reach its peak, we can certainly analyze it if that coin has a possibility to goes at that price, maybe instincts or just a matter on how the devs will make some more innovation that will make our holding worth doing.

rather than being a burden of thought and destroying your psychology you better Stop-Lose it and buy at the lowest price.

then grab a glass of coffee, a walk on the beach, and breathe the awning. then say "Bitcoin to the Moon!"

HODL is a process of holding a coin for a longer period of time, I think the best virtue of this is become more patient in all times because waiting is require a long patience to obtain income.

It's just like me too, my Bitcoin estimate is reduced by about 45% and it's dangerous if I stop now.
I'd better keep my Bitcoin not to sell.

I always have patience from the first first to know Bitcoin and I'm not too extravagant to spend money on unnecessary things.

The downtrend has been a real terrible one as my portfolio  has been down for almost -70% down. Am not really bothered much as I invested what I can afford to lose and I made my research before I chose the coins I invested in. Am holding the coins that I bought for the long term. Its normal for the market to go down as market does not go up continuously and does not come down continuously

Long term investment is no doubt a very good strategy,  but it is depending on your investment. If you have a good money to investment in bitcoin for long term then it is no doubt profitable, but investing a small amount of money for a long time is just wasting the time and nothing else.

I agree. This comes down to a personal level, and even so irrespective of that, we all want the same thing and the best strategy to reach that goal is for times like this to continue being optimists and not sell because that will only make the market bear even more. HODLing is very important.

A virtue of a Great Hodl'er or what it was called is a virtue of a great trader. Practically speaking the one who got the skills and the strategy here is the one who will profit and gain so much of currency. People loss because of not being patience on what they have. Hodl, wait, study and research, choose, sell and but more potential coins or tokens. This is what I got.