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Author Topic: HODL, HODL you %$@#$  (Read 1063 times)
MissionPhailed
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November 26, 2017, 10:05:58 AM
 #21

I got into the accumulate & hold mindset in last august. I sold all my crypto in that month (100% alts) and decided to start from 0 with holding as the main objective while abandoning day-trading completely. However, as the cryptoworld is still utterly dominated by speculators and lots of 'dumb' money is currently flowing in, the resulting ups & downs in the value of crypto could still shake out a lot of would-be holders.

This year has been great for bitcoin in terms of returns but at some point we will have a bear market. I predict many people crying by then, and selling their bitcoins due to panic.

Yep. It's hard to resist selling at a 500% profit when a crash appears to be around the corner. Not even sure if I could resist the temptation myself!
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November 26, 2017, 10:13:59 AM
 #22

So, it's going to get hard, now obviously but don't get got. Bitcoin IS going to go well over 500,000$ and honestly it might always be a bad choice during the duration of you lifetimes to ever convert your bitcoins back to clamshells, fiat or whatever your country offers. Don't do that.

HODL!

Smiley It's ALWAYS been a bad choice to sell bitcoin (in the history of Bitcoin) and it always will be. I truly want what's best for you loyal bitcointalk'ers and that's keeping your Bitcoin.

Wait a minute, Will!

If you don't sell, don't spend and just hold...what's the meaning of having Bitcoin? It may reach one million $ per unit, but if you don't sell, don't spend and don't use it in some way, you will end to be metaphysically rich. Maybe you will take your Bitcoin wallet in the grave, with you.
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November 26, 2017, 10:16:21 AM
 #23

I sold some Bitcoin recently - big mistake, lost money. Now I only HODL.
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November 26, 2017, 10:30:19 AM
 #24

true ... since the beginning of the year until now, the movement of bitcoin very rapidly, since the price below $ 1000. maybe people who sell bitcoins are a bit sorry that they've sold their bitcoins, maybe it's unimaginable if bitcoin prices will be high, and probably will be higher in the next few years.
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November 26, 2017, 10:56:53 AM
 #25

So, it's going to get hard, now obviously but don't get got. Bitcoin IS going to go well over 500,000$ and honestly it might always be a bad choice during the duration of you lifetimes to ever convert your bitcoins back to clamshells, fiat or whatever your country offers. Don't do that.

HODL!

Smiley It's ALWAYS been a bad choice to sell bitcoin (in the history of Bitcoin) and it always will be. I truly want what's best for you loyal bitcointalk'ers and that's keeping your Bitcoin.
Holding is absolutely the best thing to do because it is really expected that its market value will be more expensive in the future, and holding at thid moment rather than selling will surely yield to huge profit in the future ad its market value becomes higher each and everyday. So if you want to earn huge profit we should HOLD.

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November 26, 2017, 11:01:50 AM
 #26

It is indeed a very wise choice to hold all your funds for the moment , and anything else would be complete nonsense and total waste of the potential value that your coins could make with bitcoin breaking record after record in terms of trading flux , market cap and transactions activity .
Despite speculating that bitcoin might reach 500k dollars is too optimistic in my opinion , it proved it's capability to cross every limit and amaze every user and i won't be amazed if it crosses the 10k bar by the end of 2018 .
But with every feeling of enthusiasm a glimpse of realism must be present to make us keep our feet on the ground .
More power to  bitcoin !
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November 26, 2017, 11:05:25 AM
 #27

NO! NO! NO!

Sell everything guys - I need to buy some more Bitcoin to increase my holding. Smiley

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November 26, 2017, 11:07:12 AM
 #28

HODL until you die and your grand children could profit!
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November 26, 2017, 11:10:58 AM
 #29

you need to reach a balance between only holding until the end of your life and holding until you are filled with fear and dump everything. and sadly people sometimes seem to be one of these two not anything in the middle! there is always a big ground in the middle which you can walk too. you buy some and then price goes 10x higher you sell some of it like 0.1 of total to get your initial investment out and have the pure profit in.
yeah that 10% may one day worth millions but at the same time what would you do if price never went higher.

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November 26, 2017, 11:16:32 AM
 #30

Will always HODL some BTC and I think it will stay as the biggest crypto investment. However, I doubt it'll ever be again more than 40-50% of my portfolio. If Bitcoin goes 10 fold or 50 fold one day, I think there're some alts that have gone 100 or 500 fold by then. Time will tell!
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November 26, 2017, 11:23:30 AM
 #31

So, it's going to get hard, now obviously but don't get got. Bitcoin IS going to go well over 500,000$ and honestly it might always be a bad choice during the duration of you lifetimes to ever convert your bitcoins back to clamshells, fiat or whatever your country offers. Don't do that.

HODL!

Smiley It's ALWAYS been a bad choice to sell bitcoin (in the history of Bitcoin) and it always will be. I truly want what's best for you loyal bitcointalk'ers and that's keeping your Bitcoin.
Yes it is not everybody desire to exchange bitcoin to fiat but to hodl it is due to financial circumstances beyond one's control at times warrant such a decision, particularly we third world countries where there is high rate of unemployment, I have no regret to exchange BTC to fiat because I have so many bills to settle considering the fact that our monthly salaries is less than $200.

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Tamilson
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November 26, 2017, 11:31:59 AM
 #32

I sold some Bitcoin recently - big mistake, lost money. Now I only HODL.

At what price did you buy? Hope you learned your mistake.
The one who put their trust and hope in bitcoin will be the one who'll taste the moon soon and the weak hands are crying now.
Bull run hasn't stop and we're now really going to $10k and nothing can stop it. HODLing is superb real!

Happy Coding Life Smiley
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November 26, 2017, 11:35:58 AM
 #33

Soon 1$ would be equal to 1 satoshi or even lesser. By the time that happens fiat had run its course of bubble. Government might also become obsolete, and we're going to a significant degree of autonomy.

If your prediction will happen soon then the transaction fee became huge hehehe then earning bitcoin will be difficult its not easy to predict the price of bitcoin.
Like OP said its better to hold your bitcoin than to sell them all because the price now are unstoppatble and hit its all time best 9k$ hold and hold for better future:)
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November 26, 2017, 11:36:13 AM
 #34

Yes The BEST thing to do is To HODL, and no other than but, if big whale miners keep supporting any different segwit2x it's gonna be a headache to everbody, Bitcoin keeps on getting stronger that makes every bitcoiners feel alive, But The Point is we Really don't know and Hold the FUTURE, since bitcoin is Uprising, yesterday,today,and tomorrow. A Good Advice, Don't Expect Too much. in order to be balance.
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November 26, 2017, 11:56:20 AM
 #35

There is no doubt that just holding BTC get us nice profit over the years,and anybody who sold before is certainly not happy about it.I fully agree that now is not the time for sale because we all expect prices to go higher up.But someone who has a large amount of BTC will not hold all coins endlessly,especially if they were bought very cheaply.If I have 100 BTC I would sell at least 10% at 10k$ and spent on some nice things.

At some point most of us will sell,it's just a matter of time and the price we want to sell.


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November 26, 2017, 12:00:41 PM
 #36

You're right men, I currently experiencing post sell syndrome (lol). If I did not used those bitcoins on gambling and investing on hyip sites before and if I did just hold those coins that I received from the start up until now then I might be rich now too Cry

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November 26, 2017, 04:35:26 PM
 #37

You're right men, I currently experiencing post sell syndrome (lol). If I did not used those bitcoins on gambling and investing on hyip sites before and if I did just hold those coins that I received from the start up until now then I might be rich now too Cry

Guess nemesis has started catching up with not only you but a lot of the impatient guys out there who ceased every opportunity to sell, ridicule and run down bitcoin because they've all been proven wrong and bitcoin keeps getting better after each seeming fall in value.
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November 26, 2017, 04:44:26 PM
 #38

You're right men, I currently experiencing post sell syndrome (lol). If I did not used those bitcoins on gambling and investing on hyip sites before and if I did just hold those coins that I received from the start up until now then I might be rich now too Cry

Guess nemesis has started catching up with not only you but a lot of the impatient guys out there who ceased every opportunity to sell, ridicule and run down bitcoin because they've all been proven wrong and bitcoin keeps getting better after each seeming fall in value.
Its just a normal reaction for those who missed the opportunity as they think that bitcoin will just stay at its current value when they have it its a year of fast moving in terms of value even there's a lots of issue that has been raised over and over but still bitcoin manage to go high. Just keep holding what I have inside my wallet for me its the the better choice.

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batang_bitcoin
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November 26, 2017, 05:16:28 PM
 #39

So, it's going to get hard, now obviously but don't get got. Bitcoin IS going to go well over 500,000$ and honestly it might always be a bad choice during the duration of you lifetimes to ever convert your bitcoins back to clamshells, fiat or whatever your country offers. Don't do that.

HODL!

Smiley It's ALWAYS been a bad choice to sell bitcoin (in the history of Bitcoin) and it always will be. I truly want what's best for you loyal bitcointalk'ers and that's keeping your Bitcoin.
So you are also a believer of Jamie Dimon? I'm looking at that rate to happen but base on the current situation right now we are still far from that price. But if someone believes that $500,000 will be for real in the upcoming years then just keep on holding. I did sold my bitcoins before but still I have some coins on held and will just keep it for real.



 

 

 

 

 

 


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November 26, 2017, 05:37:47 PM
 #40

I am holding for sure. At this moment I don't need the coins because i had them invested for my pension which isn't for another 20years. So I am happy to hold for at least 5 more years.

By then I will see what the price of bitcoin will be.
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