Bitcoin Forum

Bitcoin just fell down to 39k plus per 1, and those that held/bought bitcoin while it was at 50k have no benefit of holding bitcoin at 50k per 1 instead they lost money. lets say those that will buy at 39k per 1 will have more benefits when its spikes again to 50k. So those that enjoyed holding bitcoin at 50k hoping that it will hit another ATH will have to wait for bitcoin to hit another 50k but still got no  profit, while the 39k buyers will profit 11k dollars. My question is why is they no extra profit for early holders when the price falls and rises agian?

If they bought btc at the highest price where entry point goes for them, then dumping wasn't the last options to have. No other choice but to hodl this time until final recovery happens, even my alts suffered the most because of declined value of btc and other promising coins.
In order to earn your best profit in the future, don't be panic and keep a strong mindset this time.

You don't say. BTC is long term not a get rich quick scheme. It's for the diamond hands not the weak ones. I'm hodling since 2013 and seen all the dips you can imagine and I still haven't sold a satoshi. For me it's the best option and will get me to fulfill my financial dreams. HODL is the way to success. But only the strong ones will benefit. For the rest there are shitcoins.

I love your answer that is if traced to the long run. But l asked my question mainly for the short runners or what just happened. The 50k buyer will not profit like the 39k buyer that's my question ;D

Really, what extra profit you want? Just look at the charts!
Bitcoin was 0.6$ some years ago, then +1000$ some other years ago, 200$, 20000$, 3000$, 50000$.... yes, it goes up and down, but if you look at the big picture the long time holders are in a profit and don't need more.


So you were asking for "short runners" by asking about "early holders". Makes sense.
In 5 years it won't matter if you bought at 39k or 50k, at least the last 10 years history tells that.
If you think that HOLDing means a couple of days, you better learn patience (for years) or find something else to invest in. (Just a piece of advice: 99.99% of crypto hyip are scam).

It is the best option to hold for the long time as we have seen big recoveries after huge crashes like this one,right now is near 35k and I think it will even go down further.I hope for a huge recovery after this massive crash but it takes a bit of time.It doesn't mean anything this falling down right now,there are probably whales taking profit and they will increase again the price when they start buying again.The only thing that keeps us from not going and selling is that we know that bitcoin will recover no matter what happens,yes even if it goes down to zero it will bounce back stronger than ever after that.Hold is the best option right now and for a few years to come.

This. I can only laugh as the forum fills up with short term gamblers who think the weekly fluctuations of the coin mean anything over the long term like 5, 10, 20 years.

Let them panic. And I say that as someone who is not a blind "bitcoin fanboy" - I do hope certain aspects of it become history, like big Chinese miners largely using coal energy to mine new coins.

Let those fly-by-night gamblers leave. Who cares about their $100 investment except themselves?
The forum has repeatedly shown they are desperate third worlders who want to triple their money as fast as possible to pay their bills.

Maybe they should consider getting a day job.
Once they have a steady income and become mentally mature they can start doing monthly deposits to BTC. Or stocks, or index funds. For the long term, not for next week.

Funny you mentioned HYIP's. I remember those from 2003-2008. These forums are starting to have the same kind of people.
Cryptos didn't exist back then though, it was e-gold.

Holding is the best option for those people who buy BTC at the 50k USD mark and even if they sell all their BTC it is still a loss on their part so waiting until you recover your capital is the best thing to do for now. People who've been panic selling right now are probably new to the crypto market and don't understand the essence of holding at all though it depends on the trading plan.

I had to. The pretty much obvious next stop for those impatient to "triple their 100$" is a hyip website. And the expected result is that they lose even that money...

What do you mean by this?
I took my profits from my hodlings, but I didn't exit it all out when the price hit 60k+.
It was another ATH and I am glad I took some profits that time. Probably whales are here to hunt coins that are gonna be dumped/sold by these panic sellers for sure so yeah good luck for those who panics.
Been here since the 7k to 3k below price of Bitcoin since 2019 and I am used to these.

HODL is the way. BTC is gonna reach new ATH and you just need to wait for it. Maybe it's take months or a couple of year but HODLers are winning in the end. Just don't panic when dips are happening even if they are so big.

I would love to tell you guys to over trade, it would be good for commissions.

But I have to tell you:

For most of you, HODL is a much better strategy in the long run. Don't over trade.


https://twitter.com/cz_binance/status/1394902549711392768


''Binance founder.

But if you have the chance to sell and buy back at 3/4 what you sold for?

The trick is to devote most of your holdings to long-term hold, while keeping a significant part for profit booking at regular intervals. No one really asked you to keep your coins in a cold wallet for 10 years. And also, the second lesson here is not to indulge in panic selling. This has been said so many times, and yet I could see a lot of noobs selling their coins at 36K and 37K. The basics are still strong. User base is increasing, along with adoption and acceptability. In the long term the price will definitely be higher. But you need to have the patience to make profit at that time.

Forecasting is very important, so we can have enough variable to make decisions. For those who buy bitcoin at 50k maybe it feel hard for them but actually it's just matter of time they will get their money back or even big profit if they patient enough or just forget that they have bitcoin and remember it after few years later. Bitcoin is the safest cryptocurrency to invest. Normally when there is panic selling then I will do cut loss, but this time I sold my btc earlier before it reach the peak of bullish market, so I don't get maximum profit. I think holding is still good because bitcoin price will increase in the future.

By now people should learn that crypto is game of extreme patience and multiple entry points. The ups and down is nature of crypto and it gets hampered with slightest negative news in the market. With china's stuff regarding institutional ban people are obviously scared to death with their money. Moreover institutions who invested heavily needs to sell so that they can change their place of business to the new country.

At least I think that way if I were owner of the financial company that big. I won't let down my business just like that.

It is literally a temporary downward movement as always. In fact amazing opportunity if you missed the train.

Honestly, to this day I have never stopped seeing the phenomenon of tremendous panic on all media channels regarding the crash of Bitcoin. for me, there are two points that are quite important and make this incident a lesson. first, don't believe in Elon Musk anymore, and second, don't trade crypto anymore if you have mentally fallen along with the drop in the price of Bitcoin.
this is a test for those who can bear the pain. we still survive, not because of Bitcoin Crash, but we survive because we love Bitcoin for any reason. we are always ready with all the risks. from the beginning of trading we knew that this kind of incident would repeat itself several years later.

this is where Bitcoin will see, who still stands, and who will quickly leave.

#we_are_with_Bitcoin BTCBTCBTC

Bitcoin price already touches $28k in short minutes. But the price now is back to up to $35k but the trend still at a downtrend. So you need to be careful and it is better to hold your bitcoin for a while and you can buy it back again this time. But you need to analyze deeper to find if that is good to buy more bitcoin or just to watch the market without buying bitcoin.

If Bitcoin falls from $50,000 to $30,000, then those who bought at $50,000 thinking of hodling is losing. But that price fall has happened in the first place because people did not hodl. So it is not the fault of hodling really. It is the fault of people not hodling. If only people hodled all the way, everybody should be happy because everybody is making profit. So hodling is really still the best option. It makes Bitcoin scarce in the face of a rising demand.

it depends on how you define "hodl"! buying at some arbitrary price and then "hodling" for a week thinking you are going to get rich is obviously not the best option because that is ridiculous by principle.

otherwise if you look at the long term price and the future potential of bitcoin you can see that right now the best option is to "buy and hodl" in a very nice dip.

If you can not make your good prediction but have strong mentality, why do you not hodl your Bitcoin?

If you want to take profit at a price you clearly plan, hodl and wait for that price. $100,000 ok if it won't be seen in this year, wait for 4 years later, you will see it.

If you are not sure how to trade, hodl is the best.

When you hodl, use non custodial wallets. Please don't store your Bitcoin on exchanges and consider you are hodling.

This is a simple calculation obviously you won't gain when there is a deduction the price you even gave is lower than that as of now, if you begin to compare the rate at which you get your coin to others is just a waste of time, for the person that bought at $50k holding is the key. This will soon be over

If it's too much now minus it would be better to hodl. I hodl some coins potentially no matter the current storm. The market will definitely recover soon. People must be waiting for this a lot.

History repeats itself indefinitely apparently.
Since joining the crypto world and whenever the price rise, all you heard from some people is: sell it before it drops, do not buy in ATH, manipulation, bla bla. Whenever the price drops: it is the end, do not hold and sell with losses rather than losing all your money, bla bla bla...
During these years of HODLing, I don't recall there is any hodler that cried about losing a cent. People who bought bitcoin before 2013, recovered in 2013 ATH, those who bought in 2017/2018 ATH, recovered in 2020/21 ATH, and for sure people who bought and hodl during the previous weeks ATH, will get back their money and more as usual in the coming weeks, months or maybe years, JUST HODL!

Well you can't always expect to buy things at low price and able to sell them at a high price. Bitcoin is volatile, and it's normal if the price drops. That's why, when the price is low, it's another chance for you to increase your investment, not selling it. So that when the price increases, you can gain profit again, and won't experience loss from your previous investment. Even if you sell it now, you'll just experience loss right? So that's why it's better to hodl. Not having any profit is a lot better than losing many.

November 2018 talks were about "Oh, Bitcoin is now only $5k, it's dead."

January 2020 talks were about "Oh, Bitcoin is now only $7k, it's dead."

January 2021 talks were about "Oh, Bitcoin is now only $30k, it's dead."

I wouldn't be surprised if next year the talks are going to be about "Oh, Bitcoin is now only $90k, it's dead."

#HODL
#BTC
and other cryptocurrency.

You better get used to these spikes and dips because bitcoin is controlled by billionaires with billions invested in it. At this point, like all investments, once the whales figure out they can make massive profits, the small investor is at their mercy. The best bet is still to buy low and sell high or just hold and pray. Selling out of fear and taking a loss should not be an option. Bitcoin is dragging down all crypto right now, including block chains, but it'll recover after the panic sellers are shook loose.

You haven't lost money until you sell, so HODL is the only sensible option now, unless you are desperate for cash of course.

The big question is when to buy more Bitcoin. :)

HODL is for a long term not for a short period of time.
Of course they wouldn't get profit since they bought it at a high price and that is why short term traders have what you call "Cut Loss" to avoid having their asset get lower and they could re-enter whenever they want.
HODL is the best option if you are in it for a long run but if you're easily scared or shaken it wouldn't be the best option for you.

It is a good option in longer terms, you can't expect to get the maximum profits if you can't hold and if you cash out as soon as you see a new ATH. If you cash out you certainly made a profit, but this isn't the highest Bitcoin can go. I think now is the time to buy more or even wait so it drops more and then buy. If you use dumps smart you can make lots of money by holding. Just invest smart, don't panic.

Am wondering how did you jump into crypto trading without the knowledge.
Do you know I used this dip movement to double my positions.
The trader begs for the market to drop so he can cash out big.
Imagine you had 1btc at 60k. It starts to bearish. You sell out and wait for the dip to end and you buy back at 30k like today. How many do u have 2btc and in a week BTC moves to 80k. If it will move thereafter, a drop like this maximum correction and a smooth ride upwards without any much resistance.
You now have 80k X 2=160k.
BTC should drop again after we get to that top.

Do you forget about recovery? Yes they are on negative now but doesn't mean that they wouldn't able to break even if they do decide to hold but the question is that no one knows about recovery.

For those who do just blindly jump into this market would be the main people who would get frustrated due to price decrease but for those people who are aware then this wont really be an issue.

Hodl is just for those who can really do this stuff until the very end and this is n another shake off.

Misinterpretation between trading and hodling I guess.
Short-term goes for trading specifically day trading. Let's see who has the strongest hands to hodl this much. Pretty much a lot of people that were/are here since 2017, not just the forum, but also crypto would be just meh to the current price. It's nothing new or surprisng.

+1 to the Bitcoin Obituaries again, I guess. :D

Why not? Hodl is the key of success in cryptocurrency market . As market is down I think this is the best time to grave and hodl tightly . Just imagine last year's in 2020 bitcoin was $ 3000 and Eth was $300 and after a year I can see the difference and regret if u didn't hold . Holders are always gainer

Hold is the best choice when buying at a price that is too high, especially when the price is not good. Hold will keep your assets intact even if their value decreases.

In the long run, Hold is a pretty good strategy rather than having to make cut losses and losses. having a reserve fund will be very important to buy again at the lowest price.

You clearly don't understand how long term investing works. As a reader exercise, look at someone who bought Bitcoin in 2010. Was it better for them to sell at the first small gain, or hold until 2021?

Yes technically they might have missed a 20% drop or two, from $10 to $8, but over the course of a decade they got a 400,000% gain.

everyone's hodl method is different. some say that they will hodl for years or months after investing, and they do not interfere with their investment in any way during that time. some also want to hodl by increasing the amount. It increases the amount of investment by realizing profit at every rise and taking it again from low. Also, as something continues to rise, nobody wants to think it will fall. That's why he is greedy and does not think to sell because he thinks it will constantly rise.

I think that HODLing is one of the best options absolutely. Yeah, maybe buying from the dip is much better than buying from a high level. But we never know what price Bitcoin will reach in a bull market.

hodl is one of the best methods for me. and I think it's the most guaranteed investment method. because short-term trading is not something that everyone knows and can do. Therefore, with hodl, we have a chance to make a more secure and secure investment. Even someone who does not know how to trade has the chance to earn a profit by hodling. The important thing is to buy from the bottom and sell from high. but we do not know which is the lowest price and the highest price.

try to replace 50k with 37k because this is now the current value of bitcoin and ask the same question . do you think those that bought btc at 37k can benefit when there is no movement in the price or when the price fell evenly  . we should not stick and compare with one price because this can prevent us from buying in any rates .

 it does not matter which price you bought your coin but as long you are good at holding , you can earn a profit .

It is because bitcoin has proven that it will go up in the long-term, the people who say that hodling is not the best option like OP are the same people that regret not hodling three to five years down the line because they are greedy.

The easiest way to make profit in Bitcoin is to buy and HODL aka hold ownership, Nothing complicated and you don't even have to think about it.
Most people feel the same in the OP as me, buying bitcoin at the wrong time and everything will be a lesson and learn to analyze properly, find accurate information and so on before doing it.
I also remember when I bought bitcoin when the price of bitcoin kept going up and hoped it would continue to go up, and as time went on suddenly the price went down and continued to fall from the price before I bought it.
and there is no other choice but HODL which is the best choice because I could not possibly sell it below the price before I bought it, and in the end the next few months the price of bitcoin continued to increase and I continued to hold it even though I made a good profit, and in the end at end of peak, I sold it yesterday when the bitcoin price hit a new ATH and an all-time high.

Bitcoin is the best option to hold for investment but must be kept up to a certain time. Many times when you want to make more profit you have to risk falling down you have to sell it when the bull runs in the market the right time to invest if the price goes down but no one can predict exactly how high the bull run will go. I like to hold but if the price goes up from my own capital it sells this will not disappoint anyone and it will be easier to make a profit by holding.

The last time people bought at ATH of 20K, it took almost 2 years to get back to that level. In the meantime it went down to sub 4K. There were those who kept Hodling AND accumulating. They are the ones who were winning in the recent bull-run. They are still comfy with 38K BTC. The thing is that there are two types of actions in the crypto world. Price-action and Product-action.

Now that the price-action is over, this is the time when you go into the products and try to get involved with something for the long run. All of this will eventually resolve itself. You need to decide if you have it in you to go through the winter.

HODLing is good of course but you need to re-invest in yourself as well as your crypto.

Depend on whos talking mate, because if you are into profiting for short term then HODL is not your thing but once you believe in the coins you are holding even how deep it can fall then you are a true HODLER.

Just do your thing and let others do theirs, we are happy seeing the fall because we can add more to our holdings.

Hodling has always been profitable ever since especially if you are into bitcoin but if you chose to hodl those worthless shitcoins, even if you keep it for years, you won't make huge profits.

But i believe hodling is not for everyone as only strong hands survive at the end of the day. Weak hands may only hodl for short term but when they see the market continues to dump, they end up panic selling while seeing their investments continue to fail.

Yes it isn't if you could predict the ups and downs of the price you could earn more than just holding.
But for some of us we could not do it right and most of the time we lose instead of gaining from it.
So for those who couldn't predict it right and always loosing instead of gaining trading their Bitcoin from time to time then their best option is to HODL.

Just close eyes for estimate values in USD and keep multiplying value in coin . buying lower if you think price will going more lower . holding only can be hurt and frustating than keep buying in market . its depend how people trading . short trading or just holding i would prefer short trading at this price.

good analysis will determine when we should enter Bitcoin and when we should exit the market. As of now, the price crashed and dropped to $ 30k. When buying at $ 50k and late to sell it is better to hold, because holding is still the best choice.

It is necessary to study technical analysis well so as not to always be trapped in too high a price.

If hodl is not the best option to avoid and cut the losses today then what would be the best option that may suit to us? The thing is that we are saying it without any prior decision. If we immediately sell our holdings and our whole assets in our portfolio then probably it may turns out that we loss so much but if we just hold until the market comeback or bounce back again then people will not experience heavy loss than panic selling.

It is just the matter of moment. Of course, the one who bought 50k won't get any profit since the price falls, and they need to wait for it to rise again so they can finally gain profit, or at least not experiencing loss. However, think of this as a chance to buy more coin, this way you can surely gain profit when the price increases again. If you sell now, then you will just experience loss, that's why hodl is the best option. Or maybe you prefer to be left with nothing and just selling everything once the price fall? not a good decision indeed.

It actually depends on how determined you are on HODLing your coins.

If you would have bought bitcoin at $1000 in 2014 then you would have lost 80% of the value in the dump when bitcoin was dumped to $200.
But if you would have hold on to your coins then in the next 3.5 years bitcoin's price pumped upto $20,000

If you would have bought bitcoin for $20000 in 2017 then you would have lost almost 85% of your value since bitcoin dropped to $3000 approx
But if you would have hold it for 3 years then this year you would have made 3X

So it actually depends on how determined we are on HODLing. It's obvious that not everybody can get in at low prices.
But if we believe in it and HODL it for long term then it will surely give us the gains.

Everything depends on the individual situation of each investor. Of course, if someone has bought Bitcoin at $50k then at the moment this isn't the most favourable situation for him but anyone with at least some experience in Bitcoin knows how situation changes. Bitcoin price is volatile, depends on various factors, like the current situation with China, however I strongly believe that holding Bitcoin on long term is profitable.

It may seem that the early holders or those who held at at $50k dollars will not benefit even bitcoin recovers again but that is not how they are thinking. They keep on holding because they know that the new ATH after the market recovers once again will be much higher than the ATH we've experienced. Now you can't say that they didn't gain any profit from holding. Still, this requires a lot of patience and perseverance to achieve and those who have large amount of holdings after buying bitcoin was still high have no choice but to hold or else they will regret either way.

Obviously HODL isn't the best policy if you know the coin's going to tank. Just sell it and buy back at a lower price, and you have more of it.

HODL is a cult-like meme, similar to GameStop "SQUEEZE the hedgies". It gives people a reason to stay in, and make the asset go up in price.

Other mechanisms besides a religion-meme can include:
* Tax on cashing out or daytrading (see SAFEMOON)
* Earn fees for everyone you invite (MLM scheme)
* Make synthetic versions of external coins so there's never a need to cash out (networks with strong security but better tech could for example make synthetic Bitcoins so you'd never have to go back to actual Bitcoins)

HODL Actually means Holding for a very long term. 2-3 months isn't a very long term. I have seen people on this forum itself who brought at around 4-5k and then cried about buying at 4-5k when the price fell down to 3k. But today they are the happiest babies in the world if they haven't sold their positions. But yes one can argue that in this bull run when we are almost at the height of an all-time high. Investing in new money isn't a great idea even if you can gain a quick 20% on it. The best time to start holding is when the price falls considerably from the all-time high and you keep averaging around that area so that when the price goes 10x you are already prepared to dive in with huge capital.

This is why people need to understand that investing comes with risks, be it with bitcoin or any other traditional investment assets out there. There isn't any safety net that offers you protection from such harsh market movements, therefore you take all the responsibility when worse comes to worst. A lot of times, those who were only persuaded to invest because the market is looking good are the ones who are getting extremely burned in the end. They're either left with bags they cannot sell, or as you say it, hold until the price evens out with their entry price/they profit.

HODL is basically hoarding. If everyone hoarded something, then it would become super rare to obtain.
If Bitcoin is ever to become a money supply, a peer to peer cash system, how can people just hoard it? They would have to send it.
But why buy anything with it? That pizza bought in 2012 was a bad decision. Buying ANYTHING with Bitcoin is a bad decision if everyone HODL forever.

Majority or specially to those who had just recently entered the market are the ones who do experience such wreckage of this market when the price turns out to the opposite side.
We do have that wrong mindset on where we do believe that we can really make out money fast or too easy without minding about the risk involved which we should have
be aware since from the start on dealing up with this market. HODL isnt bad if you do know on what coins does have the potential or simply on what would be your
target because if you do aim for short term profit taking then you should be wise on when to enter the market.

Why should there be any? The profit comes when the price rises higher than when the holder bought the coins, it's simple as that.
Also, it all depends on the time frames you set. For instance, for the ones that bought BTC a year ago at $9k we can say that they've still made a huge profit, and still making it, even when the price is dropping.
That's the whole point of it - you hold through all these dumps and wait for the price to increase. If you sell low - what was the point of buying?
So basically instead of panicking people should but now and someday (can't say it will be soon), they will benefit.

Nobody lost anything. They have had the same amount of coins when the price was $50,000. They still had the same amount of the coin when the price dropped to $31,000. Only those who sold lost.
Holding is the best option for those who are willing to hold it for long term (like for years) and have a goal. When they reach the goal, they take their profit. Holding is not best for those who wishes to make quick profit and take advantage of the rise and fall of the prices of the crypto currencies. Those who saw the price falling and sold as soon as they could, made some profit. And then probably invested more when the price reached the bottom. Its risky, but rewarding.

Holding is definitely good for long term investors but if you want to make profits within in a short span of time, day trading could also be worth doing although the risk is high.

But seeing how the market changes so fast, holding might be a good option if you happen to hold coins like bitcoin and knowing the huge potentials it had that will make it grow more in the future. And even if this current price dump or correction go to its dip, you will not be worrying much because we know for sure that bitcoin will still rise up and recover after a massive dump.

its hard to get big value in short for bitcoin, doesnt mean no people cant get it. but, people will choose to hold for long time then buy it at high price, because its too risk, specially for new comer. bad news if bitcoin get dump or the buyer can control himself. so, holding is good option to gain massive value.

You should change that kind of mindset on where you do anticipate or hope too much that you would be making out money without considering on the time you had entered on the market
not directly talking on bitcoin investment but also with altcoins as well and you should be aware on the risk in terms of volatility so that it wont frustrate you out when you do see for this
market to move on.HODL is for those people who intent to hold for long term and doesnt really mind on what would be the price.It might easy as it sounds
but holding does require strong self control and discipline on not to sell no matter what.

Predict on Crypto currency is so much tough. You easily tell that who bought bitcoin at $39k, he/she will get $11k profit when bitcoin price will touch $50k. But price can get down more. Ok, Price will not get down but how much time need to hit $50k who can tell you surely?
Bitcoin Price is not get that position in a day. It tooks some years. Bitcoin is not for day trading or something like that. Bitcoin is for long time holding. You also tell that hold is not the best option, then who buy bitcoin at $39k and wait for $50k price. Is this not holding? :D

That's why investing in bitcoin and other digital currencies needs a lot of patience and should hold tight in times likes this that market suddenly drop. Don't panic because it won't help you instead it will lead for a huge losses if ever you dump your assets because of fear and panic. Market ups and down are normal in this volatile market, and you should know that, as long as you hold a good coins.

I always see hodl as the best option. hodl is investing without risk. you will be comfortable. You are unlikely to experience psychological problems. you invest and are not interested for a long time. this is a healthy thing for the investor. The traders, on the other hand, become very tired both psychologically and in terms of thought, as they have to constantly monitor their investments. Those who do hodl do not care about the dips and rises. When they reach their goals, they realize profit. so hodl is the best method for me.

Hodl is just one of the ways to take profits. Only people who plan their crypto assets for the long term use this method. They mostly hold their crypto assets for more than 1 year and not thinking to take profits in a short time. If you don't have the intention to hold your crypto assets for a long time, you don't need to use 'hold' method. Just take profits once you see the price of a crypto coin fits with your target.

hodl or trade are both ways to make money in this market. and whether these methods are best for whom or not is open to debate. It may not be the best for you, but for many people hodl is the best option. For some, short-term trading is the best way to make money. There are people in this market who have very good trading knowledge and experience, and for them, hodl is perhaps a method they never thought about. In other words, everyone's investment plan is different. The person decides himself to choose the best. and sometimes when you search for the coin you invested in, it can show itself whether it is suitable for hodl or short-term buy-sell. this is also a different situation.

hello sir, so this is the calculation, sir. If you buy bitcoin when he is at 50K and Amazon is currently down at 30K, then obviously it is detrimental to you and you have to wait for the market to exceed the initial price you bought, you have to wait for the market at the least price 80 or more and you will get profit in it, and if you buy at the current price of 30k then you are just waiting for the market to return to the price of 50k

It depends, there is some situations that HODL is necessary especially that if you don't expect the price to go down so fast.

Market is volatile and risky that's why it is your choice if you will hold or sell it and accept your losses.

I'm a man with a great patience that's why I will prefer to hold as long as I can because I know that bitcoin will never disappoint us in a matter of time.

Much lower and that is 30,000$ specifically.
Lost? they are still holding so how come that they have lost their Money? this will only take part once they sold the coins but that will not be a wiser idea.
Looks like you don't understand how investors strategy works, there are different type of people inside and you are only mentioning about those Buying and selling but not those who wanted to Hold.
because that is a choice , and you are the only one that has been bothered while people like me who had been there cares nothing about what you are saying here.

This is entirely up to your asset management. Bitcoin is a potential cryptocurrency and market analysis over the past few years has clearly shown that it will grow further in the future and make a profit from it. If you are a skilled market analyst and can accurately determine the volatility of the market, you can trade Bitcoin to save the amount of profit of Bitcoin. However, if you do not have much knowledge about it, it is better to hold it because you may not get the opportunity to buy Bitcoin again after selling it. Looking back to March 2020, we can see that those who sold Bitcoin through Panic Sale at that time are now very disappointed.

Even if we can make that argument based on your explanation which is valid but to me, it depends on your intention for investing in the first place. Some people want to trade and some want to hodl for the long term and it wouldn't matter as at when they bought in and we all cannot have the same profits from investing in Bitcoin and HODLers always have their profits at the end of the day because that was their main purpose, to HODL. 

Sometimes hodl is the best option, especially in the current situation.

the market is bearish at the moment, not to sell any sats you have it's very wise...

concerns in the market that occur because the fud that is practiced by Elon and China is still high. don't panic and hold your assets so you don't lose, the market will come back to bull again later.

When someone bought BTC at 50K and the price drops down,hodling is a better option than just selling all his Bitcoins at a lower price.At least,he will have hope that some day,the Bitcoin price will hit another ATH above 50K USD,and he will sell and take the profits.The Bitcoin price will hit another ATH for sure.The question is when it will happen.Maybe after several months,or maybe after a few years.

People who bought Bitcoin at $50,000 for example doesn't lose anything when Bitcoin went down to $40,000, they still have 1 Bitcoin, so technically they just have to wait for the price to went up more than $50,000 to make profits, patient is the key. But, if you have extra fund, buying again in the dip wouldn't be a bad move, and will give you more profits in the long run.

People who bought at $40,000 in the recent dip means they have more patient or just accidentally entered cryptocurrency world at the dip and got lucky because they bought Bitcoin at a cheaper price, that's all to that.

OP with his/her title thinks otherwise but I would side on you since this is basically the most easy way to not lose your investment in bitcoin, you either sell at a loss and wake up the next day and the prices are going up again then you will regret what you did but with hodl, you are safe from anything that is happening, if you hodl at 40k then the next day the prices gone down and you hodl and then the next day it did pump really high, you got a profit instead of a loss.

We already know that the market will keep changing. Holding is only an option, not all are doing this...Sometimes it works but sometimes also it won't, I do holding depending on the situation but as the market will dump, I definitely sell my Bitcoin even though people will think that I'm weak. I really don't think that matters for me, I'd come for a profit, not to hold forever.
Holding doesn't make sense at all especially when you are holding for shitcoins. We also have to analyze if that is really needed or not.

If they bought Bitcoin at an expensive price, then holding will be the best thing that they can do. The market is volatile and panicking during every dump will only ruin your investment strategy. Panicking and selling at a low price would only cause losses which we should avoid by having patience. That's why they always say that Bitcoin investment isn't for weak and emotional people.

you wont earn when the value of a coin decrease but when it recovers to its previous value you will also recover your money.  
for you to profit you will be needing to wait again for a new increase .
 most early holders have access to btc when it was still cheap , not talking to 50k because that was high but for the investors that bought at 50k they can say that they are lucky if the price suddenly increase more than it and wont go down again lower than it .

if that is what you think is the best then do it but don't let you lose and regret it in the future.
There are tons of people buying bitcoin at the price of $ 50k- $ 55k and most of the people who buy it I believe will not sell at such a disadvantage for them that they inevitably become hodlers. but that's just my thoughts, don't know other people

People who bought at $50k price are not missing out, there is still opportunity for them, but the thing is that it is going to be taking a long time before they will achieve that. The price will still go up again, but the question is when is it going to happen? It might be another four years when we see the next halving or maybe there will be something that will happen and cause the price to increase again as high as it did now and above that.

The price has been showing the signs of this drop for long now, from the ATH of $60k to around $50k and then down to $40k, and finally it is down to this $30k price. Right now it is below the $39k you have said, around afternoon when I checked the price of Bitcoin was down to $34k and right now it is back up at $37k.

Yes sometimes selling at peak is better because you can always buy back when price fall plus you make good profit also due to preice difference. But the burning question is when to buy.
Recently I sold my eth at $1900 and am still cursing myself because I don't see I will see that price again and even if it goes to $1900, I would not make any profit until it goes much below that.
So if you want to sell, make sure you sell at ATH

It is kind of complicated if you ask me, however,  we can rightly say that for short term to hodl sometimes it's  not always the best option but the market conditions at the time will help  decide whether to hold or not but for long term it is good to hold your coins.

We know that to invest in Bitcoin is a risked, if you buy it now, then it drop then you lose it, however when the price goes up you have profit. If you buy and its price drop or fall again  then rise again with same amount you buy, that's normal to me. Patient and courage is what need while your holding your bitcoin, last 2018 Bitcoin reach 20k but this year you see btc reach ATH.

It doesn't matter if you want to take advantage of this moment, I don't think it's bad to hold back if you don't understand about the moment of loss. Holding back and doing other work makes that an investment a good option.

Bitcoin and cryptocurrency in general have been growing in price for almost half a year. In December, Bitcoin broke the previous record price of $ 20,000 and rose to $ 64,000 by May. With this in mind, buying it for over $ 50,000 was already quite risky. We always say that buying a cryptocurrency when it has been growing in price for a long time and, perhaps, is at the next peak of its growth, is not a very good decision. The current drop in prices in this market is absolutely logical and predictable. Price growth is always replaced by a fall, and a fall - by growth.

It all depends on the point of view from which you see it, because it could be that if you look at it from a different viewpoint it will make you able to interpret it as well as being different from the other in seeing the situation. it is possible because each person's way of thinking will certainly not be the same as one another.

It all comes back to yourself because you have clear your own, other people only give suggestions from their self-perception which may not be the same as what you are going to do. As long as you feel that what you are doing has been carefully scrutinized and analyzed, of course the execution you do is the best.

once again in a situation like this, you want to hold back and believe that that is the best way to invest, just do it. but if you have other options and you want to do, nothing wrong can be done. once again the one who knows all is yourself. holding and releasing are two sides that are equally good, it remains which side you look at.

The price of bitcoin is falling again, even I see that in the market everything is red, so the opinion comes out now to hold is not the best choice, if tomorrow the price of bitcoin is back to expensive then there will be another opinion to hold the best choice, here it can be concluded whether to hold or not it depends on yourself each of you should not be easily influenced by the situation later on yourself who will bear the risk.

HODLing seems more logical to me in every case. If I were a short-term investor, I would be in great loss right now. But it is not the same for HODLers. They are already comfortable due to being ready to wait for how much time there is needed to reach their goals.

I agree with you, When investing you need to do your own research before you put your money. Like how big amount you can put and how long. Studying for how much time needed to reach your goals is should be applied in all kinds of investing. I always believed "Patience is the Virtue". Invest, Check or Stury your investors and investing, Patience. Believed in your own pacing.

For other traders it would be the best while others would hate it, We Have our own style of investment/trading so not everyone would agree to it.
And I also remember a thing that my friend always tells me when a dip happen "You haven't loss your money if you haven't sold it" so for me yes HODL is the best option.

It will definitely rose. Its not fisrt time that bitcoin crash. My advise that u want profit just investing before 2 3 months what about the people holding for years are they fools??..just hold it brother dont panic this is not a job to get salary monthly its a business in business u need patience crypto world has started just now let it get spread all over the world then u will find the difference...if u sell now for sure u will regret....mark my words!!!

yes, we also have to be able to see our financial condition first.  If indeed the economy we have is fulfilled, then holding back is the right step until we can get the profit target we want, but if our financial condition is bad then selling is also a wise decision rather than having to hold it by force while the economy is in shortages.

^ Still worth it to hold but is not also a wise decision if you will sell your coin under the price from which you have bought. When you saw that your profit was there, that is a good point to sell your BTC. We know the crypto market price how volatile it is, it may grow up in an unknown direction and no one will know when it will pump and dump. I still prefer to hold most especially at this moment when we saw that the market has a correction, it may from time to time it will back from the previous ATH, or much better it will create another ATH. Just learn to be patient at all times.

It is a subjective thing actually. Some people think that the best option is HODLing. Some people prefer daily trading or short term investments. People should choose what to do wisely not to regret doing it later.

It is convenient to buy bitcoin at any time. There are those who hodl their bitcoin forever because they have a long-term purpose, others buy and sell on a daily basis like crypto traders. Everyone gives bitcoin the best use of it and the one that suits them best, activities in crypto never stop.

We should not be surprised but bitcoin is like that, you want it or you leave it.
The important thing is not to lose perspective if we want to maintain the freedom that we have achieved with decentralization thanks to bitcoin.

Will depend on our capabilities in life and how we busy we are. Some were not able to do trading due to their schedules while others can't do it due to lack of experience and fear of too  much  loss that's why the prefer holding,but for me it's better to try to trade and learn to avoid huge loss especially at time you'll need the money.

If you have bought Bitcoin or any cryptocurrency at its top price then all of a sudden it declined, it will be an initiative and totally obvious that holding might not be a good thing to do since the price value will be lowered in accordance with the declination. But still hodling it is still an option depending upon the user if he will just ignore it for awhile meaning not being bothered because he just trust the process until such time it bounces back to its top price once again. Hodling and dumping it will be depending upon individuals since it is their free will and option to decide what to do on situations like this.

It depends on when did you buy your BTC and everyone has different goals in terms of what price they want to sell their BTC. It's not always good to depend on the current market scenario because sometimes we don't want the outcome of it like what we are experiencing nowadays. we need to change our strategy from time to time depends on what the current situation of the crypto market will suit us.

That's right, if you bought your btc at 20k+ level, you are still in good place right now.
But if it was over 50k, that's when you feel hodl is not the best choice at the moment.
But keep in mind, the crypto market is not ending yet, some of these projects just began their journey.
So don't feel that you failed because it is not the end yet. Who knows, couple of months from now, we are back again in the bullish trend?

Treading is a good option to earn money but Hodling is the ultimate solution to rescue from poverty. I prefer doing trading if you have to manage your daily necessity by the outcome of daily/monthly trading. But if you want to make a big amount of money to get out of poverty then I suggest hodling Bitcoin for the long term. personally, I divided my investment into two portions, one for holding Bitcoin for the long term and 2nd one for doing mid-term trading, and there is no doubt that I continuously increased my hodling amount on monthly/weekly basis.

indeed long-term investment is the main need that must be a priority and I strongly agree that long-term investment is a certainty of the benefits that will be obtained. although maybe the time is quite long and of course it must have separate funds and cannot be contested.

but as you said, nowadays short trades, especially day trading, are very reliable, although of course with a high enough risk. but we know that with a high risk it also produces high profits and that is the consequence that occurs.

so indeed if you have a lot of funds of course what you say is the best solution. Minimize risks with long-term investments and seek profit in short-term trading at the same time. Both of these are carried out to complement each other, so that there is a synergy that occurs.

Sometimes we are at a crossroads and have to choose which one is the best, the necessities of life must be fulfilled and our belief must also prioritize when the needs of life again require money and our belief is held, then it is a difficult choice, should we sell it or should we hold it?

Because they bought coins when the price is at ita highest. We have seen continuous pump on the last month compare to month of May. Some may think that it will continue rising so at any point they bought bitcoin then hold which is not a good practice. That also happened to me last 2017. I bought at its highest. I have no other choice but to keep holding until 2021 came wherein crypto fully recovered.

I don't think it's bad either, If you can hold back for the long term, I'm sure you can succeed in this bearish market, Crypto is always growing and advancing, There are always better surprises in the future.

Well, it depends on personal choice to Hodl even if you bought at a high price. Some people might decide they want to Hodl even if the price starts to fall just after buy-in because their target might be for a longer-term and some might decide to dump and buyback if the price dips more but as we know in crypto, every choice comes with a risk and for those that dump and are willing to buy back if the market didn't go that way, they might end up selling low and buying back high so as long as you have the patience, Hodling usually pays off. 

Yes, of course...and before it going to happen(huge dump) we already anticipated it. We don't wait until the moment that it drops more before we sell otherwise hold is needed. This is what will happen when we don't regularly check our portfolio, it mostly we miss a good opportunity, and sometimes we even surprise that we are at big losses.
That is why I use blockfolio apps as it was easier for me to monitor all of my cryptos and I have also an idea when to sell or just to hold.

We have nothing to lose before selling it, and holders will always win if they do it with patience and understand how the fundamentals of Bitcoin are. Bitcoin is gold 2.0 and if we compare the marketcap of Gold and Bitcoin, currently marketcap of Bitcoin about 1/30 from Gold. In the long run marketcap of Bitcoin possible to reach marketcap of Gold, time will show us.

Currently bitcoin price is dumping and this is also affecting other altcoins must people bought there coin when the price was high and now they are already at lost from what am seeing the only thing I believe they can do currently is to hold there coin and not sell because if they are selling currently they are selling at lost so the best option is just to hold and wait for recovery or if you are having extral fund you can buy the dip and if you don't have extal cash just your coin.

HODL is still [the best choice if it is hit by a high price like the current situation. The most important thing is to have a reserve fund to buy at a deep price.
if you don't hold it you have to know how much you are going to lose. Don't waste your money cutting loss is not very good. after the bearish market, of course there will be a time for a bullish market.

Well its still our choice if we hodl it or not, yes we can't deny the fact that sometimes the more we hold it the more we lose it when the price is really dip pr low but there still a time that you will hit the target and its bulls eye you've got a huge profit.. the best timing is possible

You should know that if there is a downhill, there will be an upslope, and so will bitcoin. If there is a bear market, there will be a bull market. It may only be that there is uncertainty in the arrival time. As long as you seize the opportunity and use the platform like the special currency industry, you will also succeed.

For short-term, I do agree that hodling is not the best option but in for the long-term, it is a different story. So to summarize, hodling being the best option or not depends on how long you are going to invest.

In the future, the Bitcoin market will once again have vitality. Now, everyone is panicking and even dumping their own bitcoins, but some people see the opportunity and are earning low prices. Therefore, in my opinion, it is best to hold your own bitcoins now, not to sell them at will, to have confidence in the bitcoin market, and to strengthen your beliefs.

These sort of threads appear whenever a correction occurs. Actually corrections are the biggest proof that long term hold is the best option for the investors. Those who sold their coins during the previous correction phases of 2014-15 and 2018-19 are regretting about their decision, because even now (right in the middle of another correction phase) the price of Bitcoin is manytimes higher than the price during the previous corrections. The current exchange rate is >$35,000. On the other hand, the price during the correction of 2014-15 was $200 per coin, and it was $3,000 per coin during the second major correction of 2018-19.

It depends how much you bought your bitcoin. If you buy at peak price then suddenly a correction happened its obvious you cant earn profit and you have to wait for recovery. The price need to surpass the amount you bought your btc in order to earn profit, thats why its not advisable to buy at peak because of the risk unless you're planning to hold for long period.

Thus if you want to maximize your chance to gain from btc, simply buy in dip and wait for a bullish market.

Well, in my opinion, it is now a matter of waiting game for those who bought Bitcoin at the 50 to 60k level. Those who bought bitcoin during the time it was 20k in the last quarter of 2017, did exactly that. Of course 20k was expensive back then, if they sold during the 60k ATH then their investment has increased 3 fold, or times 3. If you invested 1000 dollars in 2017 then you will earn at least 3000 dollars if you sold your satoshis last month. If someone bought at 60k then that person needs to wait for 120k prices of Bitcoin for that persons invest to double. And my opinion on that is that this is a lot of waiting. So for them, there is no other way than to hold for a long time.

Everything is relative. So far, in the Bitcoin situation, long-term retention has been a good tactic for making a profit. However, Bitcoin will not go up in value forever. As its price increases, so does the risk of using such tactics. Therefore, it is still better to sell bitcoins after their prolonged price growth and buy when large price drops. The most difficult  is to choose the time for these operations. After all, price movements in this market are difficult to predict.

You are right, BTC itself is not profitable if you just hold it, unless the price of BTC rises. Good or bad it is difficult to say, but the fact that holding BTC is a good idea is for sure. The fact is that when you just hold your BTC, then you spend less nerves, when you start selling and buying it, you can get stress from this process, because it is not always possible to guess when to sell and when to buy in order to make a profit. For example, if I bought BTC at 50,000 then I will hold it until its price becomes higher and then I can fix the profit. Many do not sell BTC because they believe that it will cost a lot in the future and therefore it is easier to buy it and just wait. In any case, everyone chooses for himself what is best and more profitable for him, the main thing is to get in the end to make a profit from holding or trading BTC.

If Hodl is not the best option then what is it? You don’t expect everyone to be cashing out in this market all the time or do you? It’s not every time that things are going to work out for you, there are times that you’re also going to lose. If Hodl was very bad then what are you going to say about that invested in Bitcoin when earlier 2020 when the market crashed to $4000 and continued to hold till now when the market reached over $60,000 before they sold? It’s not going to favor everyone, the same way that there are people who are losing their money there are also those who are making money in the market. The luck doesn’t shine on everyone.

Just try to find the right time and invest your money and then you can Hodl. Right now that the price is down some people are not going to buy at the cheaper rate, rather they will wait till when the market is going to reach a high price and they will start buying.

The ambition to earn more makes people lose money. Every person should set a goal for himself. When he reaches this goal, he must then sell the coins he has and get his money. Because there is no limit to making money, it is foolish to think that a coin will constantly rise.

I think you are wrong, from the beginning of the creation of bitcoin has been like this and the hodlers who have long even felt a decline even worse than this but everything is calm because they believe everything will be fine and proven after the decline in 2017 btc started again soaring rises even reaching new ath.
for the case now is actually the same as the previous cases and this is very natural to happen, and if you say hodl is not the right thing is a very silly thing and I think it is very fatal if you sell it now because it is the same as making your assets lose even its capital just don't come back.
investing here is not instant get rich quick but you have to be patient because here is not enough for a day or two. it takes months or even years to harvest what you plant.
keep calm and enjoy the process because everything will be fine

This is a problem for those who just jump the market and invest without knowing what they do. They simply put their money during the bullish season as they never think that the market will dump at any time. Lack of awareness leads to something mentioned by OP. But have to nothing blame about this, as we are investing in crypto has to expect that we are considering this moment to come and willing to hold if the case will happen.

With cryptocurrency hold is the right measure that can get assured profit. Why people term hold is not the best option, because it requires time. When people are looking for immediate profit, it won't be possible. There are assets that give over the night profit, but you need to be lucky to choose the right one.

By the time if you're capable of holding for a long term, surely you'll taste the profit. I state this based on the cryptomarket in which I've travelled. Very few cryptocurrencies have gone without growth, whereas majority have turned bullish after experiencing hard bear market. So, with ease one can overcome the bear market through hodling.

Therefore, it is very important to learn about crypto first, before finally deciding to enter the market. Since investing without knowledge will
inevitably end in losses, because many newbies do not think that after they enter the market the price can immediately dump. Then they will
panic and sell their Bitcoin, if they invest with knowledge they will be better prepared when the market dumps. Because no matter how deep
Bitcoin goes down, one day it will definitely go up again, it can even go higher. That way people who invest after having knowledge can realize
HODL is indeed the best choice when a market dump.

Anyone holding Bitcoin for the long term has a goal and have an idea how big the market could go, no one is expecting the price to rise constantly and whenever there is a huge rally after every halving majority will love to book their profit for the patience they had and then wait for the market to have a major correction and even during that period many will not off load everything they are holding as those are meant for the long term.

It is arguably one of the best to do, like one youtuber who bought a ton of Bitcoin way back many years ago, held onto it, and he now has a f### ton of money lol. But sometimes there are peak times where you wouldn't unexpectedly see the graphs go high or into the moon.

so, what the option if new comer buy in high price? no other but hold until it price higher than when new comer take. and if they wont accept about that fact, just sell on that price and buy the other coin when the price is low. thats the result when you take in high price, no study about, just come because of lust

Hodling is ALWAYS the best option. And if you are holding long term you haven't lost any money when price goes down, because you're not selling, you're holding.

I get it, as a newbie, you think it's easy to just time the market and do a lot better than just holding. But it isn't easy, which is why all the richest people in Bitcoin HODL. Most people, after they lose some of their bitcoin from trying to time the market, end up HODLing because its the easiest, best, and more surefire way to make massive gains.

hold in crypto must be mentally prepared, because if you are not ready it can lead to madness, what else if we bought bitcoin at 50k$ yesterday, maybe for beginners it will be very deep thinking when to reach new ATH, because bitcoin is currently still at 35-40k $ for highest price. for old players the price goes down and up is normal.
"hold is the winner"

I agree with you but the problem is some investors understand HODL quite differently. Maybe thinking that HODL means you might never sell for the longest time. As you rightly mentioned, Buying at low prices and HODLing for as long as it takes for the market to get to a new ATH before selling is a good strategy and that works but I don't understand when I hear some investors saying to continue to hold after I have HELD from like $4k to $60k that I should have taken profits but continue to HODL even when the market is going back down, I don't get that.

Are you relating this to the specific case of Bitcoin or are you recommending that the only option you have with any cryptocurrency is to hold it? I mean come on, that is just not true. Holding for too long can also be a waste of opportunities on the whole HODLing journey. I am not saying you should day trade or try to catch swings, but if you are pretty damn sure this thing is going to tank very soon, you could always act and at least sell a little bit. Or if it peaked extremely, where is the issue with turning some into cash and maybe rebuy even more when it is correcting? A little bit of strategy here and there can't hurt.

In crypto and in stocks, if you're a short term paper hands seller minded person that only thinks about this year then you will lose, but if you're a long term diamond hands buyer minded person that thinks about 10 to 20 years from now then you will win.

Buy the dip and HODL because people are born into this world everyday, these new people are future investors. People that pass away, their untouched crypto keeps the prices afloat. This is why crypto will continue to rise in price. Crypto is just like the S&P 500.

With the difference being that there are dozens of new cryptos created per day while that isn't the case for the S&P500. People switch between cryptos much faster than they switch between stocks.

People passing away doesn't necessarily mean their crypto remains untouched. That is probably true for some of them, but by far not for all. With inheritance services for digital assets that problem will soon be solved as well. For an asset like Bitcoin there are also other factors at play than there are for businesses in the S&P 500.

Hodl is for stupids.  A smart one will buy and sell, buy and sell  ;)

In my opinion, holding your tokens in the long term is better for you than selling at the wrong time and losing your assets. If you have experience, you can know when to hold your tokens, when to sell and when to buy, And all this you know from technical analysis of the market. My advice is to set a goal and not be greedy and hodl your coins until you find profits that suit you

You can never predict the crypto market with 100% accuracy, the fall of Bitcoin from ATH was immanent and majority of the people who bought at $50k thought about making short term profit. Investment in bitcoin always gives you profit, but time duration after which one can earn profit might vary. Holding is the ultimate option an investor choose.

I already regretted holding too much altcoins before, but never regrets it holding my bitcoin's before. Bitcoin still have lots of future ahead whether with Elon or not since adoption can still go wide in the future. Holding is not a problem but how we were able to cope up in the situation. It will better not to look at the chart or prizes especially if we only plan to hold than to get stress when we see it drop. Set your goal upto how much or when you'd be using you're investment.

Real investors didn't buy bitcoin to get a quick profit. The market was full of hope for further growth, but from the known events it became clear how easy it was to break this bullish trend and reverse the growth. But even if this happened, this does not mean that you need to fix losses and sprinkle ashes on your head. Instead, be patient and mind your own business. Investing is not about where you spend your last money, it should be done with "free" money. The fall in bitcoin has always been followed by even greater growth, I am sure it will be so in the future.

Logically, when people who buy at a high price will certainly experience a loss if they sell it below the purchase price, it is clear that it will not provide a profit even though the market price has fallen and then rose again.  for those who buy at the price of $ 50 of course with the aim of being able to make profits in a short period of time, but market conditions have fallen deeper.  one of the options they have to do is change their mainset to make short-term trades by holding for a long time in order to get the desired profit

Actually, there is no such thing as "the best option" for making an investment. There are many kinds of really good strategies. And I believe that HODL is one of them. But it requires a really big patience. It may even take years to reach your price goal. If you aren't ready for that, then it is the best to look for another options.

we can't force trading strategies on other people, everyone must have a basis for consideration to hold or cut loss and then buy at the dip. what we think is good is not necessarily like that in the eyes of others. fluctuations in the crypto market are very large, this is quite complicated, so it is better to have a basic knowledge of investment and the crypto ecosystem so that it is not easy to get caught up in money and money or panic buy and sell.

this is what i mean. All strategies have their own challenges. we must be able to determine which is the most suitable and in accordance with our abilities.

Elon doesn't matter. Why would Elon matter? You mean his tweets may determine the future of Bitcoin? Whatever, but with the first part of your post you are right. Holding your Bitcoins would have been much better in most cases than holding any of the alt coins. It just looked like the alt coins had more or better profit potential in terms of the X they could go up, but it ended being up ill-considered.

For a few of them it was true that they outperformed Bitcoin, but for the vast majority it was a mistake to hold the alt coin instead of Bitcoin. Now it is the same situation where you could think what is the right thing to do. There will again be a few alt coins that outperform Bitcoin and Bitcoin is so expensive that it is not as easy to believe it will go up multiple X from here.

You are wrong mate because we have different perspective in our investment strategy and some wanted to earn sooner others wanted to earn longer .

Like me i once love daytrading but ended up a loser for most of the time , that's why instead of day trade? i focus in holding and yeah i made profits in good terms.

Repeat the cycle every 4 years, even to the grandmother do not go:

1) high April 13, 2013, bottom July 1, 2013, then a lot of X's for the new year
2) high June 5, 2017, bottom July 10, 2017, then a lot of x's for the new year
3) high April 12, 2021, bottom ... july 2021, then a lot of x's for the new year

It depends how you respond to that. because hodl is also commonly done by people who are learning to trade and then get carried away by FOMO. but if you have a good pre-existing understanding, cutting losses will make you much better. it will keep you from losing and making profit in a faster time than having to hold it.

It's easy to mentioned to watch for halving  because this happens every 4 years as what you mentioned.

but what are we waiting this end year? because this is all that matters.

Agreed , but i am not cutting losses totally mate because i only tend to use half of my holdings to sell and buy when the price drops again and the remaining 50% will be keep for at least there is a Bull market happens continuously .

I agree. I believe most investors still don't believe that there's going to be a Bull market again perhaps that's why they end up cutting their losses whenever the market start's to dip because if they do, they would have understood that it might take sometime but they will surely recover their losses back and then some profits as well.

You don't expect that everyone will get into the market at the same time and buy in the same amount. It is possible also that those that bought at $39k can also witness a drop in price after they buy in and have to wait for a recovery to make their investment plus profits and some other investors would have bought in from less and just start to make profit.
So that cannot be an argument for why HODL is not a good strategy because the ability to HODL is profits guaranteed.

Start to 300 000 dollars soon, price became 1100 after 6 months:


https://c.radikal.ru/c04/2106/f5/4a1c5c4f279f.jpg (http://www.radikal.ru)

It is absolutely impossible for everyone to enter the market at the same time. Those who bought bitcoin at $50k believed it will rise even higher than their entry point and so make profits. However, due to the twist of event, the price of bitcoin fell and they are in loss which is only true if they did sell at a loss.
The only way to not end in a loss is to actually keep on  hodling. This bearish run will end someday and the price of bitcoin will hit new ATHs and the hodlers will be glad they held on. :-X

Real investors are here for a long-term gain; some even add more quantity to their portfolio when the price reached another dip.
HODL is really not always the best option, the price is unexpected, and we might need funds for cashout.
Just invest the right amount that won't risk your financial security.

There may be some users who want to hold on to all of their coins for another 10 years, but the vast majority here are not thinking that way. I would also call myself a long term holder. Because I still hold a majority of the coins from my first purchase (in January 2017). But during the last 4 years, I have sold some of my coins and booked profit. What proportion of the stash you need to sell depend on your financial condition. Because it is certain that in the long term Bitcoin will go up by 5x or even 10x. But you need to sell some of your coins, if your financial condition is not good.

If you are talking about Bitcoin then Hodling is the best option, if you are talking about other altcoins then Trading will be the best option. You cant hold alts for long blindly and hope that you will have profit. On the other hand, Bitcoin is to be held for long, doesn't matter at what price you have bought. It will go up eventually and hopefully made legal tender in many countries.

bitcoin is not a share that capitalizes dividends, if you have a 1BTC it will always be a 1BTC, unless you sell in positive returns for Fiat, it is that simple, then you make a profit.

The hodl does not come with a fine print manual explaining where to sell, it is an individual decision. If you sold at 50k and bought now 32k (e.g.) now you have 1.56 BTC, if you didn't do anything you still have 1BTC, what is the problem?