HODLING IS GOOD

[lite]

I know lot of people must be selling seeing such high price but i believe this is just the beginning.Bitcoin will still go up as always once many other countries like japan officially legalize it.I am motivated and will hold bitcoin for long time.

I already tripled my bitcoin [usd equivalent] that i bought a year ago by just HOLDING.

What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?

I'm holding and will be holding for couple more years, say maybe 5-6 years. will start selling/use at price $5000+, i won't sell all my holding though only like 60%. rest probably hold for forever/sell at $1m a coin.

[BitHodler]

I haven't been doing anything other than hodling. I am not really fixed on targets as I want to keep hodling and doing some trading to gain some extra coins on the way up.

I am lucky that I have a decent paying job, which means that for me there is no real need to convert any of my coins to fiat. If it stays like this, then I will keep hodling for many more years.

Why would I convert something so precious to something so not precious as fiat? If you think logically, it makes absolutely no sense.

[BitFinnese]

I know lot of people must be selling seeing such high price but i believe this is just the beginning.Bitcoin will still go up as always once many other countries like japan officially legalize it.I am motivated and will hold bitcoin for long time.

I already tripled my bitcoin [usd equivalent] that i bought a year ago by just HOLDING.

What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?

Seeing the development and adoption of Bitcoin, i can say holding is best option for now.  There are an upcoming smart contract, a possible reverse decision about ETF, Japan creating a massive demand through adoption of Bitcoin, Russia accepting Bitcoin by 2018,  West Virginia thinking of considering Bitcoin as money, and if ever scalability issue is fixed, what else would you expect? Selling bitcoin now would be selling it at a lost if we look at this scenario in the future.  so holding for another 5 or 10 years would be best for me.

[italianobitcoin]

Holding at this moment may be the wisest thing to do.
I have both altcoins and bitcoin and at this moment I know my best strategy is to be happy that the price is going up. Eventually the alt's will follow

[Sundark]

The only problem with holding coins is that you might be hindering Bitcoin adoption by doing so.
When people won't use their coins to buy goods or services then how businesses will know that bitcoin is popular and embrace it?
If this situation continue then in the future everyone will be owning BTC but nobody will be using it.

[Meuh6879]

1 BTC is 100 000 000 satoshis.
enough for all people of earth.

Early adopter spend regulary, it's not a problem ...

[Junko]

Yes, hodling is good. Always has been and at present time still is. I have no knack for the trading game. I think I would make more playing poker than I ever would at trading, having to guess at the highs and lows.

The ceiling for bitcoin is still very high as far as I can see. Buy, Hodl, Win.

[1Referee]

The only problem with holding coins is that you might be hindering Bitcoin adoption by doing so.

What a nonsense. People holding their coins play a very important role as they greatly contribute towards the current price. People holding means that their coins are off the market, and thus there are less tradable coins available on exchanges. In current times, it results in the price to go up as the demand increases, where the availability of coins is decreasing as more people are willing to hold their coins. See anyone complaining about current price?

When people won't use their coins to buy goods or services then how businesses will know that bitcoin is popular and embrace it?

Merchants don't embrace Bitcoin. They embrace third party payment processors that do everything for them.

If this situation continue then in the future everyone will be owning BTC but nobody will be using it.

Again, more people holding results in a higher eventual price. Just to note, regardless of the price, people will continue to use Bitcoin. Usage is more than only people spending their coins in online stores...

[BitcoinPanther]

The only problem with holding coins is that you might be hindering Bitcoin adoption by doing so.

I wonder why holding Bitcoin hinders the coin adoption?  We all know it is not the actual coins that is needed for Bitcoin adoption, people should learn it first, and by that advertisement and promotion plays the biggest part in this.  Besides there are still coins that are mined and miners are willing to part with some of their mined coins to cover their expenses.  I guess holding is not an issue here.

When people won't use their coins to buy goods or services then how businesses will know that bitcoin is popular and embrace it?

There are lots of strategy so that merchants can make people part with their bitcoins.  By offering discounts and sales promotion, people will be tempted to use their BTC to avail for those promotion.  This will certainly show that bitcoin is popular and should be valued since many people are willing to spend more just to have it.

If this situation continue then in the future everyone will be owning BTC but nobody will be using it.

It would be a rare case where bitcoin won't be spent.  And it is an absolute non-sense that nobody will  use Bitcoin.  Bitcoin is currency, and a good store of value, when time come that the saturation level of adoption is met,  people will then realize that the price of bitcoin had reached its limit and will sell their coins to get  profit.  So definitely, someone have to use it for either personal gain or emergency scenario.

[socks435]

I know lot of people must be selling seeing such high price but i believe this is just the beginning.Bitcoin will still go up as always once many other countries like japan officially legalize it.I am motivated and will hold bitcoin for long time.

I already tripled my bitcoin [usd equivalent] that i bought a year ago by just HOLDING.

What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?

It takes too much time if we are waiting for more years to save bitcoin if you dont sell bitcoin right now you are wasting the opportunity to make profit this day since the price right now are really high .. and i think sooner the price of bitcoin will crash back soon so if you want to make profit right now better to sell and wait for the price crash to buy more bitcoins again and wait for days to sell them again once the price is increase again back..

[adroitful_one]

I think holding is a great idea. I've got a wallet paper wallet put up that I won't touch until after the halving in 2020 that i've been sending coins to for a while. Hopefully it will be worth it in the long run

[ASHLIUSZ]

I think holding is a great idea. I've got a wallet paper wallet put up that I won't touch until after the halving in 2020 that i've been sending coins to for a while. Hopefully it will be worth it in the long run

That's a perfect plan. In my opinion you'll be profited much, it's good if you have an additional wallet to hold a very little amount for your emergency requirement. So that even if such situation prevails to can manage and doesn't need to withdraw from the wallet that you are using to hold the bitcoins till the next halving.

[nightrider]

I know lot of people must be selling seeing such high price but i believe this is just the beginning.Bitcoin will still go up as always once many other countries like japan officially legalize it.

What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?

Indeed, any stockpileer is happy for their decision, their trust in bitcoin has paid off as the value of bitcoin has grown tremendously. It made me feel stunned.

[richardsNY]

It made me feel stunned.

I'm definitely proud of what we have achieved so far, but I am not stunned. From the very first days of me entering the Bitcoin world, it was obvious that the price would only go up in the long term, and that's exactly what has happened. I have no doubt about the price to increase further in the coming years. Don't forget that Bitcoin in its current form is still extremely small compared to other assets in the world. I was extremely bullish back in the days, and I will remain that in the coming years.

[Junko]

The Bitcoin gods have smiled upon those who have kept the faith and hodled through the good times and the bad, up to this point. May they continue to bless us with their generous All Time Highs for the years to come.

In Bitcoin We Trust. Amen.

[aakashsangwan]

I know lot of people must be selling seeing such high price but i believe this is just the beginning.Bitcoin will still go up as always once many other countries like japan officially legalize it.

What do you guys doing now HODLING or SELLING? and if HODLING then what's your objective how long will you HODL?

Indeed, any stockpileer is happy for their decision, their trust in bitcoin has paid off as the value of bitcoin has grown tremendously. It made me feel stunned.

And if the same kind of growth keeps on happening for the upcoming years then we will also be fruitfully rewarded for the patience.
My aim is to hold 10 BTC in my wallet for 20 straight years and then spend or do whatever I feel like doing with my bitcoins.

[tn211]

I am confident that there will be a correction I will hold my coins though, because I think the current political situation will make things every profitable for holders.

At some time It will be time to cash out and I hope that day will be soon.

[AjithBtc]

With bitcoin,  holding is one among the key factor that provides good profit for the user. Before holding one needs to make a analysis whether the holding is long term or short term. Majority of the users do long term holding with bitcoin whereas use the altcoins for the in between use.

[rhamzter]

With bitcoin,  holding is one among the key factor that provides good profit for the user. Before holding one needs to make a analysis whether the holding is long term or short term. Majority of the users do long term holding with bitcoin whereas use the altcoins for the in between use.

Holding bitcoin was depending on the users, yeah your right it is need of deep analysis if you hold it for long time or you sell it. Because sometimes instead we earn income they earn lost due to greediness. They want to earn high value even the price of bitcoin is enough to sell.

[ewonardo]

I've been holding bitcoin long enough. And right now for me, is to start enjoying results of struggle from holding. Bitcoin has created alot money for me, i can buy new SUV. This became a proud achievement for me, thus motivating myself to deeper bitcoin.