Screw that, I'm hodling

[albos]

Holding is hard thing to do... Hope you are good with your nerves.

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[LFC_Bitcoin]

If I didn’t sell my stash at $19,xxx I sure as hell am not going to sell a single satoshi now.

[target]

So, how's that hodling working out for you? Made any money?

Well that is why he is holding in order to make money when its price hit back the $20K.

The cryptop community they said is just 1% of toe total population of the world, if more than 5% is starting to get interested to invest in cryptop that $20k will be forgotten and we may be heading to $50K. But lets take it slow because people are still accumulating more money to get btc. Once there is nothing left to dump for less, people will start to sell for profit.

[sjefdeklerk]

Well that is why he is holding in order to make money when its price hit back the $20K.

LOL. That's obviously never going to happen again.

The cryptop community they said is just 1% of toe total population of the world, if more than 5% is starting to get interested to invest in cryptop that $20k will be forgotten and we may be heading to $50K. But lets take it slow because people are still accumulating more money to get btc. Once there is nothing left to dump for less, people will start to sell for profit.

Bitcoin failed, unsuitable as payment system. Governments are cracking down. It now seems with fraudulent tether it was bought up and will die hard when that scam turns out to be true. It will never recover, only die. But oh well, I guess we have different opinions. Only time will tell who was right ...

[kwabeedat]

That's the spirit of a trader. You trade when you have the guts to hold  or else you won't earn anything on your investments. Bitcoin will surely revive in one of these days and those who are accumulating now will once again enjoy

[Aleister Crowley]

very much in pity if you are not able to accumulate btc much longer, bitcoin will recover and will be able to make investors who buy in price now can multiply its wealth .. like yanf we see when december of last year, BTC will recover to price original or even more

[greeklogos]

The price on YoBit currently is 11k$ and let's be honest, thast's the huge step for bitcoin. When I joined it a year ago it costed 1k and I thought like, ok 3k is going to be max in 2017. But I can understand all those people who invested in bitcoin at 19-20k $, it is a big shock to all of them, so, HODL is the only opportunity to them and that's what they should to do.

[btc2mars]

yes of course hodling is the best thing to do. it has worked out to be the best strategy for the last 7 years, i cannot see why it won't be the best for a few more years

[Nosk]

Well that is why he is holding in order to make money when its price hit back the $20K.

LOL. That's obviously never going to happen again.

The cryptop community they said is just 1% of toe total population of the world, if more than 5% is starting to get interested to invest in cryptop that $20k will be forgotten and we may be heading to $50K. But lets take it slow because people are still accumulating more money to get btc. Once there is nothing left to dump for less, people will start to sell for profit.

Bitcoin failed, unsuitable as payment system. Governments are cracking down. It now seems with fraudulent tether it was bought up and will die hard when that scam turns out to be true. It will never recover, only die. But oh well, I guess we have different opinions. Only time will tell who was right ...

I'd like tout see some sources to back all that.

On my side I traded all my few xrps and eths for btc when it was near bottom to increase my stash.

[Noctis Connor]

Bitcoin is very unpredictable so we dont have to be on hurry or on rush. If you dont have patient on your self, maybe you will get regret at the end. It is good that you will have a good profit after even if it takes time. Worth the wait for everything. Just be responsible and put effort in every oppurtunity that you will take.

[sjefdeklerk]

I currently am in the same state of mind as last January. BTC went up and then straight down. I have learn my lesson, next November / December I'll probably sell a few to take profit.
Plus, I am trying to be realistic here :
-There was an unprecedented bullrun to 20k. Odds are veeeery very thin that, in the life of btc, we don't see another similar bullrun again.
-Goldman Sachs exchange !
-Lightning network (dunno really if this will help btc to recover, but hey, still looks bullish to me)
-Maybe some future nice fork annoucements ?
-No more weak hands since the 'crash'

I am hodling at least until mid summer of this year. And if the price stays down, then that would mean to me that I definitely missed the big opportunity at the 20K USD ATH.

HODL

So how's that working out for you? Made any money?

[Silberman]

The issue with this is that holding isn't always the best option. Holding is the best option only if you believe that after each peak, bitcoin will surpass that peak once more in the future. There will be a time where bitcoin ultimately stops going up, and that's pretty much inevitable. We just don't know when that will be.

That part of your post includes everything that's needed to be said about why holding has been the best option thus far, and still IS the best option in the forthcoming years due to the insane growth potential. I probably shouldn't have used the term always, because this directly implies that the market will always keep increasing, and that indeed can't be the case for ever. However, with what we have experienced in growth thus far, and with the potential growth that we can still gain, holding at this point remains the best and easiest way of getting that growth exposure.

It depends on what kind of time reference you are using, in the short term is impossible for the price of bitcoin to keep going up, there are going to fluctuations in the price, but if you are thinking in the long term and you look at the overall trajectory of bitcoin you see that the direction goes up, yes there are crashes but if you were to draw a line from almost any point of time to today you will get a line that goes up and that is why holding is recommended as the best strategy.

[allycn]

Hodling is always the safest option I think. But also, depending on at what price you purchased your BTC this might still be a great time to sell. Let's say you bought it for 1K or less, this is still a good profit (not as amazing as when it was nearly 20k, but good), now if you bought it when it was close to 20K then Hodling is the best way to go until it gets past the price you purchased at. You never want to sell at a loss.

[sjefdeklerk]

Hodling is always the safest option I think. But also, depending on at what price you purchased your BTC this might still be a great time to sell. Let's say you bought it for 1K or less, this is still a good profit (not as amazing as when it was nearly 20k, but good), now if you bought it when it was close to 20K then Hodling is the best way to go until it gets past the price you purchased at. You never want to sell at a loss.

Exactly NEVER sell at a loss ! If you just ignore it, the loss is not there !

[gabmen]

The issue with this is that holding isn't always the best option. Holding is the best option only if you believe that after each peak, bitcoin will surpass that peak once more in the future. There will be a time where bitcoin ultimately stops going up, and that's pretty much inevitable. We just don't know when that will be.

That part of your post includes everything that's needed to be said about why holding has been the best option thus far, and still IS the best option in the forthcoming years due to the insane growth potential. I probably shouldn't have used the term always, because this directly implies that the market will always keep increasing, and that indeed can't be the case for ever. However, with what we have experienced in growth thus far, and with the potential growth that we can still gain, holding at this point remains the best and easiest way of getting that growth exposure.

It depends on what kind of time reference you are using, in the short term is impossible for the price of bitcoin to keep going up, there are going to fluctuations in the price, but if you are thinking in the long term and you look at the overall trajectory of bitcoin you see that the direction goes up, yes there are crashes but if you were to draw a line from almost any point of time to today you will get a line that goes up and that is why holding is recommended as the best strategy.

Yeah but i get the point that btc won't be there and eventually we'll all have to sell whether btc meets expectations or not. For now though, and with the market like this, i agree that holding is the best options since i believe that bitcoin still has a lot in it and will push forward after it get through with this obstacle.

[Wilhelm]

If I didn’t sell my stash at $19,xxx I sure as hell am not going to sell a single satoshi now.

+1 and I'm sitting on quite a wad of $$$

Anyway we seem to be going back to 10k


And people the best place for your Bitcoin is offline, also prevents you from panic selling

[ajochems]

Hodling is always the safest option I think. But also, depending on at what price you purchased your BTC this might still be a great time to sell. Let's say you bought it for 1K or less, this is still a good profit (not as amazing as when it was nearly 20k, but good), now if you bought it when it was close to 20K then Hodling is the best way to go until it gets past the price you purchased at. You never want to sell at a loss.

Why should we lose over money by seeing at low price.We are investing our hard earned money in bitcoin, so don't waste it by panic selling. The price of will increase only if you hold the bitcoin as long as you can. Now the price of bitcoin is start to increase, so we expect to reach the maximum.The price of bitcoin will cross 10,000$ by today or tomorrow ,so just hold.

[jimrome]

yes of course hodling is the best thing to do. it has worked out to be the best strategy for the last 7 years, i cannot see why it won't be the best for a few more years

For investors if they are able to hold for a longer period of time,it would be a great investment as we will see a big rally in coming years which would surpass the price we have seen this time and i am waiting for the next rally to make some profit like i did earlier.

[eaLiTy]

Well that is why he is holding in order to make money when its price hit back the $20K.

LOL. That's obviously never going to happen again.

I am sure that the price will recover in due time,we had a very big rally and that attracted the government to implement regulations in order to prevent manipulation and other illegal activities and i am certain we will have a big rally which would take use to a new all time high.

Bitcoin failed, unsuitable as payment system. Governments are cracking down. It now seems with fraudulent tether it was bought up and will die hard when that scam turns out to be true. It will never recover, only die. But oh well, I guess we have different opinions. Only time will tell who was right ...

Bitcoin does have its limits and it is know to everyone who invested in it and i am sure the segwit implementation and lightning network will sort majority of the issues it is facing and we will be able to use it as a payment system,we need to enable a merchant system like litecoin recently implemented like litepay which would change everything.

[sjefdeklerk]

Bitcoin does have its limits and it is know to everyone who invested in it and i am sure the segwit implementation and lightning network will sort majority of the issues it is facing and we will be able to use it as a payment system,we need to enable a merchant system like litecoin recently implemented like litepay which would change everything.

Segwit only improves the situation a little bit and LN will fail for sure: https://bitcointalk.org/index.php?topic=2792933.0