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Title: The power of Bitcoin HODLing Post by: WatchMaker on March 29, 2021, 10:44:10 AM Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today. https://i.imgur.com/eB7hd3g.png Twitter: https://twitter.com/michaelbatnick/status/1348071853617782784 Look at the value of $1,000 invested in bitcoin five years ago https://i.imgur.com/8R45LAa.png Twitter: https://twitter.com/JonErlichman/status/1373638414227156992 Not HODLing can be hazardous! https://i.imgur.com/bNE7DcY.png Twitter: https://twitter.com/adam3us/status/907404159179268096 A lesson for a lifetime. I learned my lessons, how about you? are you? Title: Re: The power of Bitcoin HODLing Post by: Oasisman on March 29, 2021, 12:07:33 PM Those who bought on July 2010 probably have sold their Btc when it was priced at $100, those who sold at $1,000 probably was considered as a strong hodler. And those who bought Btc five years ago probably has sold when It reached a $19,000+ ATH in 2017.
So, I guess a lot of em would be learning the lesson then? Not hodling means you don't trust Bitcoin even If it has been constantly increasing every year. Title: Re: The power of Bitcoin HODLing Post by: sunsilk on March 29, 2021, 02:48:40 PM I've learned to hodl and it's a good thing to see the price of bitcoin going up to $50k-$60k and still managed to hold.
Those who bought on July 2010 probably have sold their Btc when it was priced at $100, those who sold at $1,000 probably was considered as a strong hodler. And those who bought Btc five years ago probably has sold when It reached a $19,000+ ATH in 2017. I've learned the lesson and even though I'm also one of those people that haven't sold a lot during the ATH on 2017, still that's a lesson that you shouldn't be selling all that you're holding.So, I guess a lot of em would be learning the lesson then? Not hodling means you don't trust Bitcoin even If it has been constantly increasing every year. Predictions for this year are crazy and increasing yet possible to reach. Title: Re: The power of Bitcoin HODLing Post by: LUCKMCFLY on March 30, 2021, 06:20:56 PM This article is purely for analysis, but I find the approach they show about Hodl interesting:
Oops! A 100% Bitcoin hodl outperformed CNBC's 2017 altcoin basket by 170% Quote "An equally weighted basket of the top 5 cryptocurrencies has underperformed Bitcoin by over 50% over the past 7 years," he summarized. https://i.imgur.com/rFCbxpT.png Source: https://cointelegraph.com/news/oops-a-100-bitcoin-hodl-outperformed-cnbc-s-2017-altcoin-basket-by-170 (https://cointelegraph.com/news/oops-a-100-bitcoin-hodl-outperformed-cnbc-s-2017-altcoin-basket-by-170) It bodes well for those looking to profit from altcoins, there is talk of a possible altcoin season. It is a totally successful approach to the intelligence of doing Hodl, Bitcoin is the safe asset, although the season of Altcoins has not yet arrived as many expect, I believe that no currency will give the best profitability than BTC, in the same way all altcoins depend on BTC movements. Title: Re: The power of Bitcoin HODLing Post by: carlfebz2 on March 30, 2021, 09:29:22 PM A lesson for a lifetime. I learned my lessons, how about you? are you? Yeah, holding might be the simplest thing to be done since you wont really be doing anything but you know that people are way different to each other which means not all would really be having the patience. There are people who had bought on that 2010 but do sell out their holdings when bitcoin hits up ATH in further years and didnt able to hold up until this very moment.Well, thats unfortunate but still not a bad move that had been done because as long you do make money or profit then that counts.Its just that really not similar or big differences between numbers and that would really talk about humans no contentment. hehe Title: Re: The power of Bitcoin HODLing Post by: arufox on March 30, 2021, 11:02:08 PM Not only the power of holding bitcoin but off all coins. Like most people say holder always win, and I also feel the same, I just can feel big profits if I hold my asset, if I just trade it will end with regret, If I'm profits from trade, I will happy for a week or a month but a few months later will regret it
So hold all your assets Title: Re: The power of Bitcoin HODLing Post by: tippytoes on March 30, 2021, 11:18:59 PM Not only the power of holding bitcoin but off all coins. Like most people say holder always win, and I also feel the same, I just can feel big profits if I hold my asset, if I just trade it will end with regret, If I'm profits from trade, I will happy for a week or a month but a few months later will regret it So hold all your assets Be careful in doing this as a lot of alts are not really worth holding. Only few of them are worth keeping. If you will hold all coins that you are collecting, I bet, you will regret it later. Bitcoin is an exception though. So need to take a very good assessment when it comes to alts. A lot of them will die in few months or years upon introduction to the market. Look at those eth tokens that were long gone. If you are an early adopter of these eth tokens, you will understand. Most of them were dead already and just clutter in your wallet. Title: Re: The power of Bitcoin HODLing Post by: kawetsriyanto on March 30, 2021, 11:47:33 PM Yep, we know it but Holding isn't easy as you think. There are many challenges for holders. Not only about up-down the price on the market, but also there are many negative issues happening. Moreover, if there is a ban issue coming from big countries like USA, China, or Russia. A weak holder is often influenced by this strong negative issue. So, don't only view the power to take potential big profits from hodling, but consider the challenges as well. Traders don't experience it as holders did!
Title: Re: The power of Bitcoin HODLing Post by: noorman0 on March 31, 2021, 12:33:49 AM Life is full of "IF ONLY". Regrets are always there. That's how motivation works, people can say it works when they have succeeded or tell some experiences of successful people.I don't like hodling but that doesn't mean I'm unsure. The market situation has its own challenges in every moment of fluctuation. I trade every day to accumulate quantity and spend part of it. What I think is, I don't worry too much if my investment choice is wrong in the end because I have always enjoyed every portion of the profits on the weekend every week or month. And yes, I have enjoyed my happy time for a long time before the hodlers reaches his happiness Title: Re: The power of Bitcoin HODLing Post by: traderethereum on March 31, 2021, 05:13:55 AM Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today. A lesson for a lifetime. I learned my lessons, how about you? are you? But we do not know what will happen in the future, and at that time, people underestimate something that looks fun and not interests in cryptocurrency. Besides that, cryptocurrency was introduced to a small group of people and we know that in that year, the media promotion is not as big as today, so that did not help the cryptocurrency. Even if people have many bitcoins, maybe a few people can still hold their bitcoin until now and they are making a lot of money. I am sure we have learned the lessons. Title: Re: The power of Bitcoin HODLing Post by: maxreish on March 31, 2021, 05:34:06 AM It has so much value now. Though it was late for me to know bitcoin, 3 years ago I have met this great cryptocurrency and never had a doubt to invest and buy. Then Ive learned about holding. There's another option of trading but I preferred holding few parts of bitcoin.
And today, proudly say I never regret holding it until now. Bought bitcoin at $5k and still hodling giving trust to it's potentials. Title: Re: The power of Bitcoin HODLing Post by: poodle63 on March 31, 2021, 05:50:43 AM I see that trading is a lot more bumpy road than investing but investing is the one that gives more profit in the long run in crypto space.
It just seems that trading in crypto is not really worth it since the profit gained could posibly far behind hodling and just letting our coin sitting in our wallet. I was losing a lot in trading in the past and man I was hoping i would've never touched my crypto instead. now i'm trying to accumulate my crypto asset again. Title: Re: The power of Bitcoin HODLing Post by: leea-1334 on March 31, 2021, 05:52:28 AM I would add that the power of hodling is also nothing without the power of using. If you read the forum goods and services and see how people use BTC to pay and sell things,,, then you realize very much just how it is so important to have people actually using Bitcoin to give it value.
If everyone only hedl then who is using it and giving it value? Title: Re: The power of Bitcoin HODLing Post by: Poker Player on March 31, 2021, 07:23:41 AM Those who bought on July 2010 probably have sold their Btc when it was priced at $100, those who sold at $1,000 probably was considered as a strong hodler. And those who bought Btc five years ago probably has sold when It reached a $19,000+ ATH in 2017. So, I guess a lot of em would be learning the lesson then? Not hodling means you don't trust Bitcoin even If it has been constantly increasing every year. I hope some of them kept a percentege even if they sold when price rose. If you sell just a percentage of your Bitcoin holdings when price goes up, you can enjoy profits while remaining invested, like selling 25% when price reached $100, another 25% when it reached $1,000 and so on. Title: Re: The power of Bitcoin HODLing Post by: Kong Hey Pakboy on March 31, 2021, 07:43:06 AM yeah I understand. At the end it relies on your own decision as there is nothing for granted here. we are hanging around $56k mark and we don't be surprised if we hit $100K in next couple of months. There is no doubt of the future of BTC, just see the chart how far we have come. HODL! 100k is still a lot of number and saying that we will reach it in a next couple of months is not yet feasible in that scale but I do believe that this year it will reach the 6 digit price in USD but I think that it will be around the ending months of this year, in the meantime just hodl your bitcoin or invest some of it in a bankroll if you can because you can't just make a stagnant bitcoin, make it earn some interest.Title: Re: The power of Bitcoin HODLing Post by: cryptomaniac_xxx on March 31, 2021, 08:54:37 AM In those early days, we really don't know that bitcoin will go like this. In 10 years, from $1.00 to $60k, that is really huge. But I'm sure those early bag holdes have sold already because they didn't see that bitcoin will grow tremendously. The lesson though is that it is not too late, we can still buy today and hold till the next 3 halving and hopefully by that time the price is already in the 6 digits or more, still a good investment.
Title: Re: The power of Bitcoin HODLing Post by: slapper on March 31, 2021, 09:23:00 AM Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today. Look at the value of $1,000 invested in bitcoin five years ago I have to admit that bitcoin is the most valuable asset to invest in. Mostly because it is a new invention which is believed to change the world in a significant range. And it does make a big change on the digital world and people can see bitcoin from all over media and newsNot HODLing can be hazardous! Trading is hard. But if you tame it, you will be rich with any kind of asset you can find. Opportunity can exist one time in your life. But you can earn new knowledge circadianA lesson for a lifetime. I learned my lessons, how about you? are you? Can you be more specific about your lifetime lesson? I personally think that being patient is the key of success. But how can we anticipate a correct asset to invest?Title: Re: The power of Bitcoin HODLing Post by: Fundamentals Of on March 31, 2021, 12:17:40 PM I am very much aware and a believer of the power of hodling. I am also hodling myself. But there are times when I cannot avoid trying to take the opportunity of trading. I am not really good in trading but there are times when the prices are so high that I think it is best to just sell and wait for the correction and buy back cheaper. During ATHs I am really attracted to sell a portion because sooner or later there will be a correction.
Title: Re: The power of Bitcoin HODLing Post by: Gozie51 on March 31, 2021, 01:19:44 PM Those who bought on July 2010 probably have sold their Btc when it was priced at $100, those who sold at $1,000 probably was considered as a strong hodler. And those who bought Btc five years ago probably has sold when It reached a $19,000+ ATH in 2017. So, I guess a lot of em would be learning the lesson then? Not hodling means you don't trust Bitcoin even If it has been constantly increasing every year. You could be right yes because hardly you would see a hodler since 2010 investing and hodling same till this time. But is a big lesson for we all . It is still showing that bitcoin is still growing , investing now may still be early time. The one thing that can change is that investors now won't be in a hurry to sell with the chronology of price history. Title: Re: The power of Bitcoin HODLing Post by: Lucius on March 31, 2021, 01:56:03 PM There is no point in crying for a missed opportunity, especially to go back to 2010 when few knew that Bitcoin even existed. I also don't believe that anything can be learned from all this with BTC, only if someone thinks that something new and better than Bitcoin will appear?
Recognizing the right financial opportunity is something few people have a nose for, because if it weren't so, there would be fewer poor people in the world than the rich - and we all know that's not the case. For all those who think BTC has a future, don’t be discouraged by the current price and invest as much as you can afford and you won’t be sorry even if you lose. Title: Re: The power of Bitcoin HODLing Post by: ice098 on March 31, 2021, 05:29:05 PM There is no point in crying for a missed opportunity, especially to go back to 2010 when few knew that Bitcoin even existed. I also don't believe that anything can be learned from all this with BTC, only if someone thinks that something new and better than Bitcoin will appear? Lucky are those who have met bitcoin in their life on the early stage of bitcoin in the market and build their trust in crypto to invest in it and hodl their bitcoin till now because they are definitely gain their profit a 1000x than the amount they purchased bitcoin. But if there might be hodler that hodl their bitcoin from the start till now o bet that they are only few, and especially those who have the capability to adopt and those who are curious about the newest trend technology.Recognizing the right financial opportunity is something few people have a nose for, because if it weren't so, there would be fewer poor people in the world than the rich - and we all know that's not the case. For all those who think BTC has a future, don’t be discouraged by the current price and invest as much as you can afford and you won’t be sorry even if you lose. Title: Re: The power of Bitcoin HODLing Post by: el kaka22 on March 31, 2021, 06:21:36 PM The thing is, holding right now could be still decent, but people are expecting the same amount of return and that's the problem.
If you invested 1k into bitcoin 5 years ago, and had 140k today, that means 140x return, in today's prices that means if you invest today it will have to be over 8 million dollars per bitcoin to make the same kind of return. I get that some people like holding, I hold as well and I am not selling (I bought a lot earlier than this current price) but we should also communicate with people and make them realize that the amount of profit we have made can't be made here at all, that's not how finance works and that's not what you should have. We could end up with something more decent, 200k or 300k or even 500k, but not 8 million dollars. This is why I think we should hold, but hold with knowledge that we are no longer capable of making that kind of return. Title: Re: The power of Bitcoin HODLing Post by: wxa7115 on March 31, 2021, 10:43:37 PM Those who bought on July 2010 probably have sold their Btc when it was priced at $100, those who sold at $1,000 probably was considered as a strong hodler. And those who bought Btc five years ago probably has sold when It reached a $19,000+ ATH in 2017. That is probably true but the comparison is fair, bitcoin has been the best performing asset during the last decade and even if this is going to slowdown somewhat as the price keeps increasing there is not really any fundamental reason for the price of bitcoin to go down.So, I guess a lot of em would be learning the lesson then? Not hodling means you don't trust Bitcoin even If it has been constantly increasing every year. The economy is still in bad shape, governments are still trying to solve their credit problem with more credit, the pandemic is still going on and in Europe now we are seeing a third wave, so I think people should prepare themselves as we probably have not seen the best this market has to offer during this year. Title: Re: The power of Bitcoin HODLing Post by: Ridwan Fauzi on March 31, 2021, 11:08:51 PM Trading has a risk and it is otherwise with investing. I bet there is no one who still hold their bitcoin since 2010 ago, they will sell their bitcoin when its price touched $1000, $10.000 or $20.000 because the profit that will get will certainty high.
You can't imagine when you buy bitcoin 2010 ago when its price just $1, by $100 you will have 100 bitcoin it means when bitcoin price touched $1000 you fund will be $100.000, so I don't believe you will still hold it. As for trading, indeed it is quite risk especially now when many features coming up. Especially using leverage I guess for those who just guessing the market movement will lose their money for a second. So, it is depend on your knowledge to bitcoin, you will get money either from trading or investing if you can manage it. Title: Re: The power of Bitcoin HODLing Post by: Lucius on April 01, 2021, 09:52:36 AM Trading has a risk and it is otherwise with investing. I bet there is no one who still hold their bitcoin since 2010 ago, they will sell their bitcoin when its price touched $1000, $10.000 or $20.000 because the profit that will get will certainty high. It’s a very easily lost bet, because there are definitely people who haven’t bought or otherwise come into possession of BTC just to profit, for some BTC is much more than buying low and selling high. We can definitely call such people true believers and holders, although we cannot know if they have sold part of their coins anytime from 2009 to the present day. Here is an example of someone who has been holding coins since 2009, and the message was signed about 10 months ago - watch out with your bets ;) Code: "Craig Steven Wright is a liar and a fraud. He doesn't have the keys used to sign this message. https://www.reddit.com/r/bsv/comments/gq8ao1/more_than_100_addresses_with_unmoved_bitcoin/ Title: Re: The power of Bitcoin HODLing Post by: magneto on April 01, 2021, 10:05:13 AM It's funny seeing all these posts about what could/would have happened if you invested x amount and held it to the present. Even worse are the people who post this and use it as justification for why you should follow their stock tips or whatnot.
The truth is that virtually no one has the foresight to say whether or not BTC prices would go up, down, or sideways even in the long run. A rally this big definitely wasn't even in the public consciousness, let alone a remote probability just 10 years ago. Hindsight is indeed 20/20. But I do agree with the premise that holding is overall a better policy to adopt than to actively trade, although profits of this magnitude are simply never guaranteed. Title: Re: The power of Bitcoin HODLing Post by: Golftech on April 01, 2021, 10:09:37 AM Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today. https://i.imgur.com/eB7hd3g.png Twitter: https://twitter.com/michaelbatnick/status/1348071853617782784 Look at the value of $1,000 invested in bitcoin five years ago https://i.imgur.com/8R45LAa.png Twitter: https://twitter.com/JonErlichman/status/1373638414227156992 Not HODLing can be hazardous! https://i.imgur.com/bNE7DcY.png Twitter: https://twitter.com/adam3us/status/907404159179268096 A lesson for a lifetime. I learned my lessons, how about you? are you? There's still a lots of time to think with how you'll treat this investment venue, with the success like coming from those early holders, learning from their example provides a good overview of good possibilities that you can also achieved that same venture, just add more patience and look clearly with what future will be. Title: Re: The power of Bitcoin HODLing Post by: shoreno on April 01, 2021, 10:26:27 AM the power is not in the hodl but its from the person hodling the coin and this power can be strong or work depending on that hodler . 1st tweet is awesome but it was hard to do because of the amount of time he spend hodling while not tempted on every growth in the price , the second tweet not really due to how high his starting capital and still waited for 5 years only to earn over 200k profit third tweet is not really accurate because hodling isnt easy .
Title: Re: The power of Bitcoin HODLing Post by: davis196 on April 01, 2021, 11:49:42 AM The last drawing in Adam Back's tweet is just hilarious.This is the best comparison between crypto trading and BTC hodling that I have ever seen.
I got 1.25 BTC back in 2015 and I've sold it for 300 dollars.I was expecting that Bitcoin is a bubble and the price will crash back then.I wish I still had this 1.25 BTC in my wallet.My life would have been way better,but it's too late for regrets. Everyone knows that Bitcoin is the best performing financial asset in the last decades.The sad part is that most of us don't want to HODL Bitcoin for 5 years. Title: Re: The power of Bitcoin HODLing Post by: Maslate on April 01, 2021, 12:42:09 PM The last drawing in Adam Back's tweet is just hilarious.This is the best comparison between crypto trading and BTC hodling that I have ever seen. That is the reality and nobody thinks that Bitcoin will become more valuable multiple times than before.I got 1.25 BTC back in 2015 and I've sold it for 300 dollars.I was expecting that Bitcoin is a bubble and the price will crash back then.I wish I still had this 1.25 BTC in my wallet.My life would have been way better,but it's too late for regrets. Everyone knows that Bitcoin is the best performing financial asset in the last decades.The sad part is that most of us don't want to HODL Bitcoin for 5 years. Just how the market pictured out this time, everyone has learned already and it happens that most of the investors in recent times are eager to hold longer than being a short-term holder. But it wasn't in perfect timing to start over again this time since the market is so high and that seems a high risk of losing its value someday. If only we could wait for the bullish season to stop, that will be the best chance to start. Title: Re: The power of Bitcoin HODLing Post by: Raflesia on April 01, 2021, 02:14:06 PM Not only the power of holding bitcoin but off all coins. Like most people say holder always win, and I also feel the same, I just can feel big profits if I hold my asset, if I just trade it will end with regret, If I'm profits from trade, I will happy for a week or a month but a few months later will regret it "Holding is highly profitable on a long-term" but that's what most of us don't want to follow because of the daily hassle around the bitcoin fluctuation. We all know how dishearteningly is whenever there are dips around bitcoin price, this sometimes made some of us take negative drastic actions that landed us into selling some of our portfolio in the past. Mistakes made with regret before i started holding for profit, since 2010 i have been holding and don't think of selling anytime soon. So hold all your assets I remember in a few words from the expert that if you can hold on longer it will make you richer, so indeed that adage always inspires when regret occurs. Maybe when the price is rising, we always say holding, but it's always different. The fact that when a bearish situation occurs it is always a misunderstanding which must be maintained. Title: Re: The power of Bitcoin HODLing Post by: peterpanda on April 01, 2021, 06:23:44 PM It is true that holding is the best investment. Without holding, it is hard to get profit in huge amount. So if we want to get profited without doing anything, we should avoid panic sell and hold for a long run.
Title: Re: The power of Bitcoin HODLing Post by: arufox on April 01, 2021, 06:32:29 PM This thread is motivation to all people around the world who still don't trust the power of holding. Many people still choose to become traders rather than holders, even with so many facts that holders always wins, but they still cant become a holder. I think many people less patience, this is the main culprit
Title: Re: The power of Bitcoin HODLing Post by: wheelz1200 on April 01, 2021, 10:07:15 PM Yeah I think everyone wished they just held all along the way and didn't trade. Stacking sats slowly was definately the best play all along. Never a bad time to change courses so better hodl now and not be dissapointed once 6 figures is breached.
Title: Re: The power of Bitcoin HODLing Post by: Questat on April 01, 2021, 10:08:29 PM This thread is motivation to all people around the world who still don't trust the power of holding. Many people still choose to become traders rather than holders, even with so many facts that holders always wins, but they still cant become a holder. I think many people less patience, this is the main culprit That is really a mirroring of what we do in the past years but that is how we choose to sell it because, in the first place, we haven't to know yet that this will happen. Can't see it in the crystal ball and that is why people will sell their Bitcoin when they feel it was the best price to make a good profit. There is no problem with that and even we take this as a lesson for us but can't tell that everyone will not do the hold because I know that not all have that kind of market perceptions and selling still visible. Title: Re: The power of Bitcoin HODLing Post by: rhodelmabanal on April 03, 2021, 01:53:12 AM This thread is motivation to all people around the world who still don't trust the power of holding. Many people still choose to become traders rather than holders, even with so many facts that holders always wins, but they still cant become a holder. I think many people less patience, this is the main culprit Well we cannot blame some other people that they really wanted to trade than to hold, because holding is really simple in saying but in reality it is really hard to do. Imagine you hold bitcoin from year 2010 till 2021 that was really a very long time, so if you re in crypto you need patience.Title: Re: The power of Bitcoin HODLing Post by: btc78 on April 03, 2021, 04:46:27 AM Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today. https://i.imgur.com/eB7hd3g.png Twitter: https://twitter.com/michaelbatnick/status/1348071853617782784 Look at the value of $1,000 invested in bitcoin five years ago https://i.imgur.com/8R45LAa.png Twitter: https://twitter.com/JonErlichman/status/1373638414227156992 Not HODLing can be hazardous! https://i.imgur.com/bNE7DcY.png Twitter: https://twitter.com/adam3us/status/907404159179268096 A lesson for a lifetime. I learned my lessons, how about you? are you? Lets see if you can still tell us about the lesson you learned . those who has Actively telling about what they learned now but when the price starts to dump they are the first one to sell off. Title: Re: The power of Bitcoin HODLing Post by: maydna on April 03, 2021, 01:00:18 PM This thread is motivation to all people around the world who still don't trust the power of holding. Many people still choose to become traders rather than holders, even with so many facts that holders always wins, but they still cant become a holder. I think many people less patience, this is the main culprit Well we cannot blame some other people that they really wanted to trade than to hold, because holding is really simple in saying but in reality it is really hard to do. Imagine you hold bitcoin from year 2010 till 2021 that was really a very long time, so if you re in crypto you need patience.Become a holder is not easy, especially for smallholders, because they need to calm down and not panic, especially if the price is up and down many times. But if they can hold their emotion and wait for more or leave the market after they bought, they can prevent panic. So if you decide to become a holder, you need to stay calm and don't think much about the bitcoin price fluctuation because that always happens to the bitcoin price. If you have more skills, you can try to increase your bitcoin amount from trading because that is the way that you can do to earn more satoshi. Title: Re: The power of Bitcoin HODLing Post by: jostorres on April 03, 2021, 05:06:18 PM Become a holder is not easy, especially for smallholders, because they need to calm down and not panic, especially if the price is up and down many times. But if they can hold their emotion and wait for more or leave the market after they bought, they can prevent panic. Having a billion dollars in crypto is a huge deal for Tesla, if you think that they are not worried about it you are crazy, it is a lot of money, can you imagine how much more business they could do with that? Instead they are keeping it on bitcoin and yes they did make some profit from it but they may have failed as well, so they are very lucky with this situation.So if you decide to become a holder, you need to stay calm and don't think much about the bitcoin price fluctuation because that always happens to the bitcoin price. If you have more skills, you can try to increase your bitcoin amount from trading because that is the way that you can do to earn more satoshi. It is the same as anyone that has very little amount of money but invests anyway, because at the end of the day if you are not sure about what you are doing, you will feel panic but if you know what you are doing and trust your investment that means you have nothing to worry about. Obviously speaking we are not in anywhere near those 1+ billion dollar levels but we do not need to be there to actually understand what those people are feeling because everyone has their own investment worth to them. Title: Re: The power of Bitcoin HODLing Post by: qwertyup23 on April 03, 2021, 09:12:30 PM To give you an actual example, I've been participating in campaign signatures ever since I joined this forum last 2017. Unfortunately, I have spend most of my earnings to purchase academic books for my studies.
When I stumbled upon my blockchain transaction, I saw that since 2017, I have garnered at least around 0.8 btc overall from all of my campaign earnings. If I did not spend any of those BTCs, its value today should have been around $50,000+ as compared to its value before which was less than $10,000. That is why, I highly suggest to HODL your bitcoins and wait until you desperately need some money, then that will be the time that you would cash them out. Title: Re: The power of Bitcoin HODLing Post by: maydna on April 04, 2021, 04:40:57 AM ~snip~ So, we should learn to HODL. HODL terms suite for those who don't know how to trade for profit. Being a true HODLers you should completely devote yourself into investment and not sell. If you hold, it will be like winning the lottery in slow motion. Holding might take long but it's worth it.~snip~ Having a billion dollars in crypto is a huge deal for Tesla, if you think that they are not worried about it you are crazy, it is a lot of money, can you imagine how much more business they could do with that? Instead they are keeping it on bitcoin and yes they did make some profit from it but they may have failed as well, so they are very lucky with this situation.It is the same as anyone that has very little amount of money but invests anyway, because at the end of the day if you are not sure about what you are doing, you will feel panic but if you know what you are doing and trust your investment that means you have nothing to worry about. Obviously speaking we are not in anywhere near those 1+ billion dollar levels but we do not need to be there to actually understand what those people are feeling because everyone has their own investment worth to them. The important thing that we must have when we invest in bitcoin constantly is we don't always check the price moves, and we should not think about the current situations with bitcoin to minimize the panic feeling. We can buy in weekly and hold it and do that continuously until we reach the timeframe that we made. And when we reach the timeframe and the price suddenly increases so high, we can sell it at once or separately to profit. Title: Re: The power of Bitcoin HODLing Post by: janggernaut on April 04, 2021, 05:17:14 AM HODL isn't an easy thing to do. Most of people don't even HODL actually. The real HODLer is never sell any of your coin, despite how bad the news on market, dump on market, or anything else. You simply don't care about those news and just keep HODL your coin.
If your coin already made your 10x or 20x profit for you, you must be gotta sell it ASAP. Just simply buy and HODL your coin for 1-5 years isn't even HODL, that just investing. Title: Re: The power of Bitcoin HODLing Post by: Reatim on April 04, 2021, 05:49:12 AM Trading has a risk and it is otherwise with investing. I bet there is no one who still hold their bitcoin since 2010 ago, they will sell their bitcoin when its price touched $1000, $10.000 or $20.000 because the profit that will get will certainty high. Lol there are some Post that shows their Wallet that still Holds from 2010 and Yes there are still a Legit HODLER as what we called.Quote You can't imagine when you buy bitcoin 2010 ago when its price just $1, by $100 you will have 100 bitcoin it means when bitcoin price touched $1000 you fund will be $100.000, so I don't believe you will still hold it. Those who can afford to Hold for that long time and has a Good living capability , then what's the reason why they Need to sell when they already saw the Greatness of This currency.Quote As for trading, indeed it is quite risk especially now when many features coming up. Especially using leverage I guess for those who just guessing the market movement will lose their money for a second. So, it is depend on your knowledge to bitcoin, you will get money either from trading or investing if you can manage it. But if you can still Hold for another years then profit will surely comes our way.Title: Re: The power of Bitcoin HODLing Post by: isaac_clarke22 on April 04, 2021, 06:55:53 AM I had attempted to trade back then with BTC with various altcoins and it did not go well for me.
As long as I saw those losses, I pulled back my funds and did stop loss. Never did it again, although I could be learning a lot more from that experience, it isn't just worth my time. Title: Re: The power of Bitcoin HODLing Post by: Wilhelm on April 04, 2021, 07:09:45 AM True HODL is done on a safely stored cold wallet.
This makes the act of selling a laborious task preventing panic selling... Title: Re: The power of Bitcoin HODLing Post by: Sithara007 on April 05, 2021, 04:32:07 AM HODL isn't an easy thing to do. Most of people don't even HODL actually. The real HODLer is never sell any of your coin, despite how bad the news on market, dump on market, or anything else. You simply don't care about those news and just keep HODL your coin. If your coin already made your 10x or 20x profit for you, you must be gotta sell it ASAP. Just simply buy and HODL your coin for 1-5 years isn't even HODL, that just investing. Normally we don't plan our investment like that. If I had purchased Bitcoins in 2018 for $3,500 per coin, then I would be having a specific target price (such as 10x - $35,000 or 20x - $70,000). I will be selling all or part of my coins once this target is achieved. On the other hand, very few of the investors would take time period as a target. No one invests in cryptocurrency and makes a target to hold for a specific period, such as 5 years or 10 years. It simply doesn't make any sense. Title: Re: The power of Bitcoin HODLing Post by: blckhawk on April 06, 2021, 01:22:40 PM HODL isn't an easy thing to do. Most of people don't even HODL actually. The real HODLer is never sell any of your coin, despite how bad the news on market, dump on market, or anything else. You simply don't care about those news and just keep HODL your coin. I partly agreed with your statement that holding is sure difficult to pull off especially if you cannot control your emotions. Upon holding you must not be swayed by bad news and small pumps, the reason why we hold is that we want to achieve something big not just a small profit but if you got swayed by little changes that won't be called a HODL anymore, perhaps it is more like a trade or something. However, regarding your last statement, I don't think HODL doesn't work that way where you set a specific time for you to call it a HODL because I believed that HODL is about setting a huge goal or target maybe like a 10x profit or more regardless of how much time you hold it.If your coin already made your 10x or 20x profit for you, you must be gotta sell it ASAP. Just simply buy and HODL your coin for 1-5 years isn't even HODL, that just investing. Title: Re: The power of Bitcoin HODLing Post by: Golftech on April 06, 2021, 03:49:35 PM I had attempted to trade back then with BTC with various altcoins and it did not go well for me. As long as I saw those losses, I pulled back my funds and did stop loss. Never did it again, although I could be learning a lot more from that experience, it isn't just worth my time. Mostly happened to everyone, trying to work with your trade but don't have the patience to hold and wait after seeing some losses. You have to realize that the market is very volatile without sincere patience you'll lose eventually. If you choose to move forward better to learn from those past mistake. Title: Re: The power of Bitcoin HODLing Post by: AliMan on April 06, 2021, 10:46:20 PM Hodling currencies in the long term is safer than trading currencies and losing some trades. when trading, you face many penalties and risk your money and you may make profits or may lose them, Hodling is good for those who don't have enough trading experiences. That's a good strategy than taking some luck with day trading, because the assurance of long term holding is bigger. On my previous activities I don't really have a good profit due to wrong decisions made, I failed on the value which I think profitable to sell. That had put me into panic buying, and then depreciated my holdings quantity. I should've done wrong placement of orders to avoid frustrations. Title: Re: The power of Bitcoin HODLing Post by: Dave1 on April 07, 2021, 01:59:11 PM Hodling currencies in the long term is safer than trading currencies and losing some trades. when trading, you face many penalties and risk your money and you may make profits or may lose them, Hodling is good for those who don't have enough trading experiences. Yes, holding is safer, specially if you don't have the experience yet to trade. But for some, this is boring, and for others, they want to trade but the risk is too high. So it's everyone choose, to either hold or trade. I'm sure that those who trade really knows the risks, but at least we can try, and if it doesn't fit, then we can switch back to the old and traditional way of investment, - hold as long as you can. Title: Re: The power of Bitcoin HODLing Post by: ipanks on April 07, 2021, 02:50:34 PM The power of bitcoin holding will give you the biggest reward in the future. If you already buy bitcoin for a long time, especially bought bitcoin at $1 in a huge bitcoin amount, you will become the richest and be one of the world's richest people. But holding bitcoin is not just easy because if you follow the journey of bitcoin, I am sure you will face a panic moment, happiness moment, and many feelings you will get. But if you can hold bitcoin and keep it in your wallet without thinking much about the price, you will not have to face that feeling because you only want to sell bitcoin if you see your target price comes to you.
Title: Re: The power of Bitcoin HODLing Post by: tygeade on April 07, 2021, 03:56:58 PM The power of bitcoin holding will give you the biggest reward in the future. If you already buy bitcoin for a long time, especially bought bitcoin at $1 in a huge bitcoin amount, you will become the richest and be one of the world's richest people. But holding bitcoin is not just easy because if you follow the journey of bitcoin, I am sure you will face a panic moment, happiness moment, and many feelings you will get. But if you can hold bitcoin and keep it in your wallet without thinking much about the price, you will not have to face that feeling because you only want to sell bitcoin if you see your target price comes to you. If you have bought bitcoin at that low level, you will probably not be holding right now, there are only a limited number of people who bought bitcoin at 1 dollar or lower and that means we are not going to see much of them hold any longer right now, there wasn't much people involved with bitcoin when it was 10k bitcoin for 2 pizza deal, it was very little amount of people here and almost all of us knew each other and who we were.In other news if you still keep buying bitcoin for the past 3 years you would still be quite richer today as well, you do not really need a lot of money to make it work, you could just put a bit of money, like 5% of your salary every month into this and you would still be paid very well, that is why I think it is quite obvious that buying bitcoin at any given date is a great choice, doesn't matter if it is today or tomorrow or yesterday, everyone should buy bitcoin and hold. Title: Re: The power of Bitcoin HODLing Post by: acener on April 07, 2021, 05:42:07 PM Not hodling means you don't trust Bitcoin even If it has been constantly increasing every year. We all have our own reason why we couldn't hold it up till now. Title: Re: The power of Bitcoin HODLing Post by: ipanks on April 09, 2021, 11:51:02 AM The power of bitcoin holding will give you the biggest reward in the future. If you already buy bitcoin for a long time, especially bought bitcoin at $1 in a huge bitcoin amount, you will become the richest and be one of the world's richest people. But holding bitcoin is not just easy because if you follow the journey of bitcoin, I am sure you will face a panic moment, happiness moment, and many feelings you will get. But if you can hold bitcoin and keep it in your wallet without thinking much about the price, you will not have to face that feeling because you only want to sell bitcoin if you see your target price comes to you. If you have bought bitcoin at that low level, you will probably not be holding right now, there are only a limited number of people who bought bitcoin at 1 dollar or lower and that means we are not going to see much of them hold any longer right now, there wasn't much people involved with bitcoin when it was 10k bitcoin for 2 pizza deal, it was very little amount of people here and almost all of us knew each other and who we were.In other news if you still keep buying bitcoin for the past 3 years you would still be quite richer today as well, you do not really need a lot of money to make it work, you could just put a bit of money, like 5% of your salary every month into this and you would still be paid very well, that is why I think it is quite obvious that buying bitcoin at any given date is a great choice, doesn't matter if it is today or tomorrow or yesterday, everyone should buy bitcoin and hold. You know what, I already bought bitcoin from 3 years ago at a low price ;D And I still held it until now, and I use it for trading to earn more bitcoin. I need money, but it does not mean I should withdraw all of bitcoin at a price now because I believe bitcoin will increase so high. So I still hold it and wait for the next high price. Title: Re: The power of Bitcoin HODLing Post by: Taskford on April 09, 2021, 12:52:39 PM Not hodling means you don't trust Bitcoin even If it has been constantly increasing every year. We all have our own reason why we couldn't hold it up till now. We are still on pandemic so expect that not everyone can able to buy since we are in lockdown and people need money for essentials. But eventhough we are in bad shape due to the happenings good thing bitcoin still able to hold its strength so provably we can see more and those hodlers can earn big if they decide to hold. Title: Re: The power of Bitcoin HODLing Post by: wxa7115 on April 09, 2021, 10:33:59 PM Become a holder is not easy, especially for smallholders, because they need to calm down and not panic, especially if the price is up and down many times. But if they can hold their emotion and wait for more or leave the market after they bought, they can prevent panic. This is something that is many times ignored and it is true, without a doubt holding your coins is the best strategy over the long term, and while there are some people that can hold their coins without any problem things are never that simple, holding is hard especially if you happen to buy at the wrong time.So if you decide to become a holder, you need to stay calm and don't think much about the bitcoin price fluctuation because that always happens to the bitcoin price. If you have more skills, you can try to increase your bitcoin amount from trading because that is the way that you can do to earn more satoshi. There are may people that bought at the end of 2017 and thought the price will keep going up only to endure a huge crash, after that the price did not move much for two years, anyone that still held their coins during that time is probably finding it incredibly easy to hold their coins now but I will not be surprised if only 5% or less were able to do it as the losses those people were forced to suffer were nothing to laugh at. Title: Re: The power of Bitcoin HODLing Post by: Lanatsa on April 09, 2021, 10:42:46 PM Become a holder is not easy, especially for smallholders, because they need to calm down and not panic, especially if the price is up and down many times. But if they can hold their emotion and wait for more or leave the market after they bought, they can prevent panic. This is something that is many times ignored and it is true, without a doubt holding your coins is the best strategy over the long term, and while there are some people that can hold their coins without any problem things are never that simple, holding is hard especially if you happen to buy at the wrong time.So if you decide to become a holder, you need to stay calm and don't think much about the bitcoin price fluctuation because that always happens to the bitcoin price. If you have more skills, you can try to increase your bitcoin amount from trading because that is the way that you can do to earn more satoshi. There are may people that bought at the end of 2017 and thought the price will keep going up only to endure a huge crash, after that the price did not move much for two years, anyone that still held their coins during that time is probably finding it incredibly easy to hold their coins now but I will not be surprised if only 5% or less were able to do it as the losses those people were forced to suffer were nothing to laugh at. on that manner then you would always have the tendency on making out decisions. Human beings are emotional and once you do saw that your portfolio is on reds then its really hard to resist on not to make any reactions. Title: Re: The power of Bitcoin HODLing Post by: LUCKMCFLY on April 10, 2021, 04:53:46 PM Being Hodler has its great advantages, at the moment many are waiting for it to break its historical maximum, when reviewing an article by Cointelegraph they indicate the following:
https://i.imgur.com/i6QL6sm.png Quote As long as the price of Bitcoin stays above $58,387 and keeps attempting to break out above $61,188, it would likely see a new record high in the foreseeable future. and: https://i.imgur.com/8XHqpWY.png Source: https://cointelegraph.com/news/watch-these-key-technical-levels-as-bitcoin-price-nears-61-800-all-time-high (https://cointelegraph.com/news/watch-these-key-technical-levels-as-bitcoin-price-nears-61-800-all-time-high) Most market speculation about Bitcon claims that there may be a short-term bullish movement, the important thing is that in two months the price consolidated at $ 58k, this could have created a consolidated wall to resist any bearish attack, Investors will undoubtedly defend the price that is generated from now on, in addition, institutional investment has been very significant, the fact that NFTs are fashionable shows that Bitcoin is the safe investment. Every weekend at the market has become very exciting. Title: Re: The power of Bitcoin HODLing Post by: maydna on April 11, 2021, 02:25:51 AM Become a holder is not easy, especially for smallholders, because they need to calm down and not panic, especially if the price is up and down many times. But if they can hold their emotion and wait for more or leave the market after they bought, they can prevent panic. This is something that is many times ignored and it is true, without a doubt holding your coins is the best strategy over the long term, and while there are some people that can hold their coins without any problem things are never that simple, holding is hard especially if you happen to buy at the wrong time.So if you decide to become a holder, you need to stay calm and don't think much about the bitcoin price fluctuation because that always happens to the bitcoin price. If you have more skills, you can try to increase your bitcoin amount from trading because that is the way that you can do to earn more satoshi. There are may people that bought at the end of 2017 and thought the price will keep going up only to endure a huge crash, after that the price did not move much for two years, anyone that still held their coins during that time is probably finding it incredibly easy to hold their coins now but I will not be surprised if only 5% or less were able to do it as the losses those people were forced to suffer were nothing to laugh at. Title: Re: The power of Bitcoin HODLing Post by: wxa7115 on April 16, 2021, 05:31:24 PM This is something that is many times ignored and it is true, without a doubt holding your coins is the best strategy over the long term, and while there are some people that can hold their coins without any problem things are never that simple, holding is hard especially if you happen to buy at the wrong time. Something that do talk about psychological aspect because you would always know that you are holding something behind which means that if you do actively watch the market There are may people that bought at the end of 2017 and thought the price will keep going up only to endure a huge crash, after that the price did not move much for two years, anyone that still held their coins during that time is probably finding it incredibly easy to hold their coins now but I will not be surprised if only 5% or less were able to do it as the losses those people were forced to suffer were nothing to laugh at. on that manner then you would always have the tendency on making out decisions. Human beings are emotional and once you do saw that your portfolio is on reds then its really hard to resist on not to make any reactions. However there are many instances in which doing something is wrong and the best thing that you can do is to do absolutely nothing and holding is the kind of strategy that requires you to sit down and do nothing, but psychologically speaking this is very difficult because we have a tendency to be problem solvers and once we see that our portfolio is on the red people want to do something about it and holding tells them that they are wrong. Title: Re: The power of Bitcoin HODLing Post by: Lanatsa on April 16, 2021, 09:52:41 PM This is something that is many times ignored and it is true, without a doubt holding your coins is the best strategy over the long term, and while there are some people that can hold their coins without any problem things are never that simple, holding is hard especially if you happen to buy at the wrong time. Something that do talk about psychological aspect because you would always know that you are holding something behind which means that if you do actively watch the market There are may people that bought at the end of 2017 and thought the price will keep going up only to endure a huge crash, after that the price did not move much for two years, anyone that still held their coins during that time is probably finding it incredibly easy to hold their coins now but I will not be surprised if only 5% or less were able to do it as the losses those people were forced to suffer were nothing to laugh at. on that manner then you would always have the tendency on making out decisions. Human beings are emotional and once you do saw that your portfolio is on reds then its really hard to resist on not to make any reactions. However there are many instances in which doing something is wrong and the best thing that you can do is to do absolutely nothing and holding is the kind of strategy that requires you to sit down and do nothing, but psychologically speaking this is very difficult because we have a tendency to be problem solvers and once we see that our portfolio is on the red people want to do something about it and holding tells them that they are wrong. word which is part of a human behavior which most of the time its hard to resist on. Making such move should really be accompanied with in-depth analysis and considerations where lots of trial and error would be based up also according to your own market experience. Hodling might sounds easy but the factors around that will affect you isn't something that you can just ignore without having some enough experience. Title: Re: The power of Bitcoin HODLing Post by: Dewi Aries on July 23, 2021, 07:11:53 PM Not only imagine, how was people's feeling with bitcoin that they bought in 2014 although price is quite high than $1. I think most people wouldn't imagine this, or imagine that because for me still no one know where bitcoin price is gonna be. Maybe with just grateful if we already sold our coins in cheaper price that now will be the key to help us.
Title: Re: The power of Bitcoin HODLing Post by: carlfebz2 on July 23, 2021, 07:44:23 PM Not only imagine, how was people's feeling with bitcoin that they bought in 2014 although price is quite high than $1. I think most people wouldn't imagine this, or imagine that because for me still no one know where bitcoin price is gonna be. Maybe with just grateful if we already sold our coins in cheaper price that now will be the key to help us. There's no going back because we would just be stressing out ourselves on thinking about the probabilities if we had able to get in on that particular time.We had missed the train and theres no way for us to go back and only to those who had believed on bitcoin into its earliest days or years would really cherish out on things that they had able to risk on that particular time but well not all had able to access their coins but for those who had able to then they are really making some big bucks now. Title: Re: The power of Bitcoin HODLing Post by: Kittygalore on July 25, 2021, 07:45:17 AM I still remember about 6 years ago I bought 2 btc at a price of $235 (total $470), unfortunately I used it for HYIP and cloud mining so there was only 0.25 btc left, I kept it on coinbase and in 2017 I opened it again the value was around $2400, this is a lesson for me that hold bitcoin very profitable in the long run. But what happened to your endeavors with HYIP and cloudmining? Did you at least made some money out of it? Also, are you still hodling those .25 bitcoins as of now? That amount of bitcoin is a pipe dream for many including me so I hope that you still have that. I am hodling too but it's not as much as you have.Title: Re: The power of Bitcoin HODLing Post by: DU18 on August 04, 2021, 02:25:44 PM Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today. https://i.imgur.com/eB7hd3g.png Twitter: https://twitter.com/michaelbatnick/status/1348071853617782784 Look at the value of $1,000 invested in bitcoin five years ago https://i.imgur.com/8R45LAa.png Twitter: https://twitter.com/JonErlichman/status/1373638414227156992 Not HODLing can be hazardous! https://i.imgur.com/bNE7DcY.png Twitter: https://twitter.com/adam3us/status/907404159179268096 A lesson for a lifetime. I learned my lessons, how about you? are you? Title: Re: The power of Bitcoin HODLing Post by: Imran232 on August 04, 2021, 05:26:23 PM .................. If i shown this type of picture then first he can't believe it. Or if i seen it then i also thought its not possible or its might be fake because online has 99% fake things. Abd rich people can do anything. What we can't do because i am from lower middle class. Rich people have money and they know how to make money from money. Lower middle class has only money to eat or survive. Whats still my position. But i believe now bitcoin can do anything possible. I also can be a rich person if i invested my money on crypto when i saw crypto first time at 2017 i saw its growth its down and its back strock in market. Crypto can reach a person from ground floor to top floor and also top to ground if you didn't use it in its way. I missed 2017 time but i didn't miss from 2019. I know only crypto can help me to full fill my dream. Everyone wish for me so that i can level up my self and for my family too. Title: Re: The power of Bitcoin HODLing Post by: UnDerDoG81 on August 04, 2021, 06:01:01 PM Those who bought on July 2010 probably have sold their Btc when it was priced at $100, those who sold at $1,000 probably was considered as a strong hodler. And those who bought Btc five years ago probably has sold when It reached a $19,000+ ATH in 2017. So, I guess a lot of em would be learning the lesson then? Not hodling means you don't trust Bitcoin even If it has been constantly increasing every year. I bought 2013 and was dumb enough to not sell 2017 just like I was dumb enough to not sell at 64k :) Title: Re: The power of Bitcoin HODLing Post by: 2double0 on August 04, 2021, 06:31:48 PM Those who bought on July 2010 probably have sold their Btc when it was priced at $100, those who sold at $1,000 probably was considered as a strong hodler. And those who bought Btc five years ago probably has sold when It reached a $19,000+ ATH in 2017. So, I guess a lot of em would be learning the lesson then? Not hodling means you don't trust Bitcoin even If it has been constantly increasing every year. I bought 2013 and was dumb enough to not sell 2017 just like I was dumb enough to not sell at 64k :) Who knows if your prolonged holding may pay you off something very large in number which even you have not thought of? You may call yourself dumb if you were in loss but you are already 39 times up because in 2013, btc reached only $1000 as its ath then. No wait is smaller, no rewards are bigger. Time is very costly and any rewards cannot justify your wait to achieve those rewards, and because it is in our nature, we will always be greedy to call even a grand success small as we will think that we deserved much more and better than that achievement. Title: Re: The power of Bitcoin HODLing Post by: n0ne on August 04, 2021, 11:38:08 PM Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today. that's why many terms are popping up today such as holder is winner, hand of diamond and so on which really mean that people who hold bitcoin will get big profits, now we still have the opportunity to be able to get big profits in the future by buying and storing bitcoins for a long time, especially now that the price of bitcoin is starting to decrease slightly so we can buy it at a cheap price.https://i.imgur.com/eB7hd3g.png Twitter: https://twitter.com/michaelbatnick/status/1348071853617782784 Look at the value of $1,000 invested in bitcoin five years ago https://i.imgur.com/8R45LAa.png Twitter: https://twitter.com/JonErlichman/status/1373638414227156992 Not HODLing can be hazardous! https://i.imgur.com/bNE7DcY.png Twitter: https://twitter.com/adam3us/status/907404159179268096 A lesson for a lifetime. I learned my lessons, how about you? are you? Title: Re: The power of Bitcoin HODLing Post by: Kusman on August 11, 2021, 05:17:03 PM I really regret that I didn't buy even $1 worth Bitcoin in the first times of it. I would be very rich right now. But I know that nearly everybody says the same thing now. And as long as people insist on not buying now, they will feel the same thing in the future again. This is like an endless loop. So, it is the best to invest into Bitcoin and HODL it whatever the price is.
Title: Re: The power of Bitcoin HODLing Post by: ivankoh on August 11, 2021, 05:39:15 PM However there are many instances in which doing something is wrong and the best thing that you can do is to do absolutely nothing and holding is the kind of strategy that requires you to sit down and do nothing, but psychologically speaking this is very difficult because we have a tendency to be problem solvers and once we see that our portfolio is on the red people want to do something about it and holding tells them that they are wrong. Exactly, it comes from psychology, the level of risk of holding is passive, but in return Hold is the way to create the greatest profit, but it is necessary to be persistent and confident. Excessive time demands will reduce the success rate for this market.Title: Re: The power of Bitcoin HODLing Post by: romero121 on August 11, 2021, 11:24:36 PM Holding is always a good choice with cryptocurrency. Some keep it idle without making it involved on any kind of activities. This should not be done with any cryptocurrency. Right now users have the access to stake and get rewards, which is a wise choice. Rather than keeping it secure it is always good to experiment and earn a little out of the long term holding asset.
Title: Re: The power of Bitcoin HODLing Post by: Wawa2013 on August 12, 2021, 04:30:25 AM I really regret that I didn't buy even $1 worth Bitcoin in the first times of it. I would be very rich right now. But I know that nearly everybody says the same thing now. And as long as people insist on not buying now, they will feel the same thing in the future again. This is like an endless loop. So, it is the best to invest into Bitcoin and HODL it whatever the price is. Not only you regret not buying Bitcoin when first hear about Bitcoin, most people regret not being an early adopter. Therefore, all of us should not make the same mistake, because if we look at the history of the Bitcoin price which continues to rise, should start from now collect as much Bitcoin as possible. So when the price of Bitcoin goes up, we can make big profits. Therefore, buying Bitcoin regularly and holding it until it reaches the target price we want is something we really have to do right now. Title: Re: The power of Bitcoin HODLing Post by: janggernaut on August 12, 2021, 05:08:34 AM Stop f*cking saying about power of HODLing , and etc like that. Do you think you can HODL for years? When the price increased 100x or 1000x already, will you still can HODL? So stop f*cking comparing if we had invested any amount in 2010 or even last year because it's doesn't mean anything.
Instead of that, it would be much better for us to HODL and keep accumulating bitcoin now for future, make those who saying bitcoin is shit to take their word back later Title: Re: The power of Bitcoin HODLing Post by: rahmatrf331 on August 12, 2021, 07:32:46 AM Very inspired to see people who are able to hold on for a long time, they are able to lower their minds not to sell in a short time. try to imagine if we are the ones who buy at the trial price of launching bitcoin for the first time, and sell at the current price, maybe we are already billionaires. but now i just realized that hold is really good.
Title: Re: The power of Bitcoin HODLing Post by: Obito on August 12, 2021, 08:11:50 AM Very inspired to see people who are able to hold on for a long time, they are able to lower their minds not to sell in a short time. try to imagine if we are the ones who buy at the trial price of launching bitcoin for the first time, and sell at the current price, maybe we are already billionaires. but now i just realized that hold is really good. It's rare to find one that really hodl for a long time plus most people that have bought at that time have probably sold what they hodl when the prices were at 3 digits or worse at 2 digits. What you're feeling right now is called hindsight and that's what people feel when they fantasize what they could've done if they were given a second chance.Title: Re: The power of Bitcoin HODLing Post by: StreakW on August 12, 2021, 09:31:08 AM If you save Bitcoin from a few years ago and sell it this year, then you are sure to make a big profit because of the patience you have. Yes he is fortunately storing Bitcoins. The world's largest cryptocurrency has delivered over 300% returns this year.
Title: Re: The power of Bitcoin HODLing Post by: Rajamuda on August 12, 2021, 09:33:53 AM Very inspired to see people who are able to hold on for a long time, they are able to lower their minds not to sell in a short time. try to imagine if we are the ones who buy at the trial price of launching bitcoin for the first time, and sell at the current price, maybe we are already billionaires. but now i just realized that hold is really good. It can also be a source of motivation for us, to be more confident and stay consistent with Bitcoin investments. So many people are vulnerable to their trust in Bitcoin because many things such as news or certain issues that make them waver, now the winner are of course people who have high trust in Bitcoin. Well, the point is that long-term investments are only worth doing by true Bitcoiners.Title: Re: The power of Bitcoin HODLing Post by: Kittygalore on August 12, 2021, 03:21:15 PM If you save Bitcoin from a few years ago and sell it this year, then you are sure to make a big profit because of the patience you have. Yes he is fortunately storing Bitcoins. The world's largest cryptocurrency has delivered over 300% returns this year. The problem is that not a lot of people knows the future and it will always be uncertain even if we see bitcoin right now as promising as it's going to be. Plus, there's nothing wrong with trading, you can still make some money out of it although you have to be a good trader but it's definitely worth the shot.Title: Re: The power of Bitcoin HODLing Post by: rincoeng1986 on August 12, 2021, 04:49:27 PM If you save Bitcoin from a few years ago and sell it this year, then you are sure to make a big profit because of the patience you have. Yes he is fortunately storing Bitcoins. The world's largest cryptocurrency has delivered over 300% returns this year. The problem is that not a lot of people knows the future and it will always be uncertain even if we see bitcoin right now as promising as it's going to be. Plus, there's nothing wrong with trading, you can still make some money out of it although you have to be a good trader but it's definitely worth the shot.If you have a passion for trading and can read the current cycle of the bitcoin price when it will go up and when it will go down, you are very good at trading, but if you don't read and predict market prices, just hold on and make a profit later on. because many people have been successful through patience before for not selling at the old price and selling at the current price. Title: Re: The power of Bitcoin HODLing Post by: imstillthebest on August 12, 2021, 05:20:17 PM If you save Bitcoin from a few years ago and sell it this year, then you are sure to make a big profit because of the patience you have. Yes he is fortunately storing Bitcoins. The world's largest cryptocurrency has delivered over 300% returns this year. The problem is that not a lot of people knows the future and it will always be uncertain even if we see bitcoin right now as promising as it's going to be. Plus, there's nothing wrong with trading, you can still make some money out of it although you have to be a good trader but it's definitely worth the shot.If you have a passion for trading and can read the current cycle of the bitcoin price when it will go up and when it will go down, you are very good at trading, but if you don't read and predict market prices, just hold on and make a profit later on. because many people have been successful through patience before for not selling at the old price and selling at the current price. trading can be hard but its advantage is that you can sell and profit without needing to wait longer but holding is easy tho you are required to become a patient person . Title: Re: The power of Bitcoin HODLing Post by: thecodebear on August 12, 2021, 05:34:48 PM Yes HODLing is the most powerful strategy.
I sold my original amount of btc a bunch of years ago, after first whittling it down through trading haha. But I've been holding my more recent accumulation the past few years. Now I'm at the point where I'll start selling a tiny bit every year or two for life purposes, but in general long term HODLing for decades to come. Title: Re: The power of Bitcoin HODLing Post by: el kaka22 on August 12, 2021, 06:01:35 PM Honestly selling bitcoin is a lot more likely outcome during the same period. Sure 1000 dollars invested could have been 139k, that is a great income, and 1 dollar invested could have been 800k as well, that is great too. However how many people who invested 100 dollars in 2010, that could have owned 80 million dollars, would have still hold it?
I am pretty sure I would have sold as soon as it hit 1k for example, 10x is more than I could even imagine, I actually kind of did that, I owned bitcoin from 150-300 range, and sold it when it reached 3k, because I am an idiot. Where you end up selling could change based on person but it would be very hard to still hold it today. So, what I think the most likely outcome would be people making somewhere between 10x to 100x at most and nothing more, that is the kind of return that people are happy to get out. Title: Re: The power of Bitcoin HODLing Post by: Roidz on August 13, 2021, 01:49:41 PM Traders actually lose a lot of their money or even get less profit than when they dare to hold their assets for a long period of time and we will certainly avoid the volatility and psychological nature of the crypto asset market which tends to fluctuate, so that we will be able to get higher profits multiplied when the price of the crypto we hold rises high enough, I personally prefer to keep bitcoin and some altcoins for a long time and I really believe in the next few years the price of bitcoin will be 3 times today, for me the Hodler is a winner.
Title: Re: The power of Bitcoin HODLing Post by: blockman on August 13, 2021, 10:45:03 PM It is powerful. Others find it not that effective because they don't look at how it's doing for the past years. But with this strategy, it is what we're hoping to give us decent profit in the near future. Maybe with the next halving, we're going to see every price for bitcoin at 6 digits and that makes it a stable price there, and with another halving, maybe sort of near to 7 digits for which everyone finds it impossible before. But now, we're all looking forward to that day until it happens.
Title: Re: The power of Bitcoin HODLing Post by: Slow death on August 13, 2021, 10:54:25 PM if the price of bitcoin was at $1000 no one would be remembering the past, to be whining because you didn't buy sooner is a big mistake, that's because the market is still working and it always has ups and downs so that the person can buy low and sell high and with that also have a lot of profit at the end of a certain period. hodl is not the only strategy to profit in the cryptocurrency market and this has to be in the minds of many people who are in despair thinking that as the price is already high then there is no longer any way to profit in the market, when this is not true
Title: Re: The power of Bitcoin HODLing Post by: anti-dot on August 13, 2021, 11:58:32 PM Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today. https://i.imgur.com/eB7hd3g.png Twitter: https://twitter.com/michaelbatnick/status/1348071853617782784 Look at the value of $1,000 invested in bitcoin five years ago https://i.imgur.com/8R45LAa.png Twitter: https://twitter.com/JonErlichman/status/1373638414227156992 Not HODLing can be hazardous! https://i.imgur.com/bNE7DcY.png Twitter: https://twitter.com/adam3us/status/907404159179268096 A lesson for a lifetime. I learned my lessons, how about you? are you? This is a nice topic that I obviously overlooked all the time. The last graphic is so true, holding vs trading. I made that mistake over and over again. Sold because I hoped to buy back a little bit more in BTC at cheaper prices when it dips. Often times my timing was bad and it didn't dip and I ended up buying back less BTC then I sold for the same amount of money. It is tough though to really hold and just do nothing but wait and believe in something. You can't even considerably contribute like you can when you are an entrepreneur. Sure you can spread the word, but the influence one has is marginal. Congratulations to those who really showed they have balls of steel and just held onto their BTC no matter what. That deserves a wow. Title: Re: The power of Bitcoin HODLing Post by: asrinur on August 14, 2021, 07:21:31 AM If you save Bitcoin from a few years ago and sell it this year, then you are sure to make a big profit because of the patience you have. Yes he is fortunately storing Bitcoins. The world's largest cryptocurrency has delivered over 300% returns this year. The problem is that not a lot of people knows the future and it will always be uncertain even if we see bitcoin right now as promising as it's going to be. Plus, there's nothing wrong with trading, you can still make some money out of it although you have to be a good trader but it's definitely worth the shot.Title: Re: The power of Bitcoin HODLing Post by: Ziskinberg on August 15, 2021, 06:36:47 AM This is to imply that holding valuable coins could surely give you a decent reward in the future but this was mostly just ignored by many until such a time they will get shocked seeing the price in doubled, tripled, or even more.
Holding could be a sort of sacrifice and full of hopes that one day we can make a profit from it. That is why only a few people manage to take that risk wasted and giving their trust because most, or the majority are doubted. I can't deny myself and yeah, but this was just an option, and certainly I couldn't call myself as a long-term holder but just only as a short-term holder. So every time the market will pump, I take this chance, maybe I was wrong but never to regrets it as I dare to choose that kind of strategy. Title: Re: The power of Bitcoin HODLing Post by: rodskee on August 15, 2021, 08:37:15 AM Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today. https://i.imgur.com/eB7hd3g.png I truly appreciate your pictures with the analysis of how holding is far better and risk free when compared with trading in any form. Not being able to hold for a long time has cost me a lot while I was going through my previous transaction on my remitano account. If to say I was able to hold just 50% of what I was holding in 2017 I wouldn't have remain in this forum as a hunter anymore. Please people! Try as much as possible to hold whatever you are currently holding so that you not regret like myself. holding is always been what the oldies telling us, HODL as long as you can afford to wait and all your effort and risk will surely be rewarded .Title: Re: The power of Bitcoin HODLing Post by: Kittygalore on August 15, 2021, 10:16:10 AM ~ If you have a passion for trading and can read the current cycle of the bitcoin price when it will go up and when it will go down, you are very good at trading, but if you don't read and predict market prices, just hold on and make a profit later on. because many people have been successful through patience before for not selling at the old price and selling at the current price. Title: Re: The power of Bitcoin HODLing Post by: Ngemmeng on August 15, 2021, 10:24:52 AM a very valuable lesson from this thread is investing in bitcoin is a very profitable investment. $1 investment in 2010 would be $800k today. it is possible that the same scenario will occur in the next 10 years, meaning that the money you invest now will increase 800k% in the next 10 years.
Title: Re: The power of Bitcoin HODLing Post by: zanezane on August 15, 2021, 01:44:15 PM a very valuable lesson from this thread is investing in bitcoin is a very profitable investment. $1 investment in 2010 would be $800k today. it is possible that the same scenario will occur in the next 10 years, meaning that the money you invest now will increase 800k% in the next 10 years. It's not like we know what the future might hold plus, at that time people are still uncertain and the Internet was still rife with scams so the people don't trust new things from the Internet immediately plus the FUDs were really strong back then, bitcoin being used for scams, black market, and drug trafficking, any sane person will doubt it's credibility when something like this happens.Title: Re: The power of Bitcoin HODLing Post by: perfect999 on August 15, 2021, 08:46:59 PM It's not like we know what the future might hold plus, at that time people are still uncertain and the Internet was still rife with scams so the people don't trust new things from the Internet immediately plus the FUDs were really strong back then, bitcoin being used for scams, black market, and drug trafficking, any sane person will doubt it's credibility when something like this happens. I know it may not be as profitable to hold it now as it was back in the day, but can you really doubt bitcoins rise? I have seen many people who doubt it, but I have made a lot of money over their doubts. Bitcoin is something that will go up, it could have downs here and there time to time but we all know it will be a lot more than what it is right now.People who trust this and invest accordingly made enough money to be happy about it, and there are people who didn't make any money at all from this because they were doubting bitcoins capability of going up. I believe in the long run bitcoin will always go up, even if there are 50% drops like we had recently from 60k to 30k, eventually it will always go up, the new ATH at around 64k will be broken, the price will be higher than that, I just do not know when but I know it will happen. This is why I keep buying bitcoin as much as I can with the money I have, in order to keep investing into it, I do not know when I will be capable of selling it, I could now and still profit, but I just believe it will go up so I do not sell. Title: Re: The power of Bitcoin HODLing Post by: pinggoki on August 15, 2021, 11:02:50 PM Well to be fair bitcoin was literally dirt cheap with no prior use-case basis way back in 2010 so it's no surprise not many of us were able to bank in bitcoins at that early of a period. Then again it shouldn't disencourage people who are just about to enter into bitcoin thinking that the price is too high now and that it is already too late, because if there is anything investments told me it's that it will only be late if you haven't invested in it yet. So might as well invest in a very established coin like bitcoin as much as possible and see it flourish in 5 years time.
a very valuable lesson from this thread is investing in bitcoin is a very profitable investment. $1 investment in 2010 would be $800k today. it is possible that the same scenario will occur in the next 10 years, meaning that the money you invest now will increase 800k% in the next 10 years. It had become a profitable investment yes, but let's be real here not a lot of people really saw bitcoin for what it is now back then when you would need to pay a thousand of it to buy a pizza. And had it not been for multiple instances that lead to bitcoin's rise in value, we wouldn't see it at the top of the market today. Not saying all of this is mere coincidence, but I believe we must pay credit where it's due and that is to the early adopters and believers who despite the oppositions of people, still pushed through knowing there is a powerful potential to be harnessed in bitcoin.Title: Re: The power of Bitcoin HODLing Post by: wheelz1200 on August 15, 2021, 11:41:18 PM No matter what people say hold is always the best route to take. If you day trade you pretty much guarantee less bitcoin on the backend unless you get lucky with one of the pumps. Just keep stacking sats bit by bit and as it keeps on increasing in price your portfolio will grow exponentially.
Title: Re: The power of Bitcoin HODLing Post by: Ngemmeng on August 16, 2021, 07:23:54 AM a very valuable lesson from this thread is investing in bitcoin is a very profitable investment. $1 investment in 2010 would be $800k today. it is possible that the same scenario will occur in the next 10 years, meaning that the money you invest now will increase 800k% in the next 10 years. It's not like we know what the future might hold plus, at that time people are still uncertain and the Internet was still rife with scams so the people don't trust new things from the Internet immediately plus the FUDs were really strong back then, bitcoin being used for scams, black market, and drug trafficking, any sane person will doubt it's credibility when something like this happens.many people also say that in the future there will be a lot of bad news that will hit bitcoin and will kill bitcoin, but the fact is that until now the price of bitcoin continues to grow rapidly and bitcoin is increasingly popular. Title: Re: The power of Bitcoin HODLing Post by: BobK71 on August 20, 2021, 03:25:23 PM I recognize holding is very difficult task for every investors. Those who are holder they are not seller though the market condition goes to the down stair. A good holder never think what will be happen after a long time of his coin or assets. He treats that he has nothing. I have seen a few days ago one tweet form CZ Binance CEO utter that "If you can't hold, you won't be rich".
Title: Re: The power of Bitcoin HODLing Post by: Sanugarid on August 20, 2021, 05:33:18 PM No matter what people say hold is always the best route to take. If you day trade you pretty much guarantee less bitcoin on the backend unless you get lucky with one of the pumps. Just keep stacking sats bit by bit and as it keeps on increasing in price your portfolio will grow exponentially. Depends, what if crypto is the only way you make money for a living? You can't afford to starve just to wait for it to go up really high and enjoy a big profit margin. It's a circumstantial thing and we don't have too much control over it.Title: Re: The power of Bitcoin HODLing Post by: 7788bitcoin on August 20, 2021, 11:47:09 PM ~ When Bitcoin started no one would believe it could have any valuation but once the value started it was hard to imagine the price to cross $10 and then $100. So these curiosity is not new and no one would have thought back in 2018 that the price of Bitcoin would reach $50k in 2021. Yes it another surprise for everyone, i never had a doubt about the price reaching hundred thousand but it is hard to predict when and it will touch those values when we are least expected.2018 says bitcoin price will reach $50k is considered impossible. many people also say that in the future there will be a lot of bad news that will hit bitcoin and will kill bitcoin, but the fact is that until now the price of bitcoin continues to grow rapidly and bitcoin is increasingly popular. Title: Re: The power of Bitcoin HODLing Post by: BuNga_cute on August 20, 2021, 11:59:08 PM ~ When Bitcoin started no one would believe it could have any valuation but once the value started it was hard to imagine the price to cross $10 and then $100. So these curiosity is not new and no one would have thought back in 2018 that the price of Bitcoin would reach $50k in 2021. Yes it another surprise for everyone, i never had a doubt about the price reaching hundred thousand but it is hard to predict when and it will touch those values when we are least expected.2018 says bitcoin price will reach $50k is considered impossible. many people also say that in the future there will be a lot of bad news that will hit bitcoin and will kill bitcoin, but the fact is that until now the price of bitcoin continues to grow rapidly and bitcoin is increasingly popular. Everyone when they first knowing Bitcoin usually doubted the future of Bitcoin, and that's a common thing that happens to new things that are not yet known. Therefore, I am also a pessimist with Bitcoin in 2018, where the price fell very drastically, so in 2018 I experienced a fairly large loss. Requires knowledge and a long process for people to really believe in the future of Bitcoin, so I'm amazed if anyone is still holding Bitcoin from 2018 until now. Because I admit it's not easy to really trust Bitcoin 100%, and people who hold Bitcoin in the long term do deserve big profits. Title: Re: The power of Bitcoin HODLing Post by: bots1 on August 28, 2021, 10:29:50 AM Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today. https://i.imgur.com/eB7hd3g.png Twitter: https://twitter.com/michaelbatnick/status/1348071853617782784 Look at the value of $1,000 invested in bitcoin five years ago https://i.imgur.com/8R45LAa.png Twitter: https://twitter.com/JonErlichman/status/1373638414227156992 Not HODLing can be hazardous! https://i.imgur.com/bNE7DcY.png Twitter: https://twitter.com/adam3us/status/907404159179268096 A lesson for a lifetime. I learned my lessons, how about you? are you? Title: Re: The power of Bitcoin HODLing Post by: Fatunad on August 28, 2021, 08:52:32 PM a very valuable lesson from this thread is investing in bitcoin is a very profitable investment. $1 investment in 2010 would be $800k today. it is possible that the same scenario will occur in the next 10 years, meaning that the money you invest now will increase 800k% in the next 10 years. It's not like we know what the future might hold plus, at that time people are still uncertain and the Internet was still rife with scams so the people don't trust new things from the Internet immediately plus the FUDs were really strong back then, bitcoin being used for scams, black market, and drug trafficking, any sane person will doubt it's credibility when something like this happens.many people also say that in the future there will be a lot of bad news that will hit bitcoin and will kill bitcoin, but the fact is that until now the price of bitcoin continues to grow rapidly and bitcoin is increasingly popular. on whereas the price do able to break that ATH then it did really shoot up even more and we all not able to expect that it do even reached out 60k on peak. Hodlers are the ones who do really make out big money but depending on when they had started on and its really good to look to those who had been holding since from on when bitcoin had started. Their patience did really paid off. Title: Re: The power of Bitcoin HODLing Post by: fullhdpixel on August 30, 2021, 07:16:34 PM They were very lucky and they had already made a huge profit from what they collected. if only I had invested in Bitcoin when it was first launched back in 2009, the profits I could earn today could reach millions or billions of dollars. Crypto does not only have the potential to provide huge profits, but also big losses. However, there are many success stories around bitcoin investing out there that are just like them or beyond them. The idea hasn't changed, this is not about how much you can make, but about how much you can make holding versus other methods. And the idea that you could still make a lot of money from holding is still true. Yes you may not make 10000x profit from holding bitcoin anymore that is true, $1 invested into bitcoin will not become 800k ever again, that is true, but the fact that you could make more money this way than any other method is still true.All you have to do is buy bitcoin as much as you can afford without hurting your finances, will return with the most profit you could make in the finance world almost all the time. This is why you may not make that much, but you will make the most out of your investment with holding bitcoin. A 20x return is not out of question if you wait enough, 1 million dollars per bitcoin could happen in the future, not today, not tomorrow but maybe 10 years later? |
