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Author Topic: Long term HODL'ers... What price would you sell  (Read 193 times)
Hoangle1523 (OP)
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January 24, 2018, 01:26:09 PM
 #1

Just out of interest...

I am a long term HODL got in in Oct to BTC/LTC (orignally 2bitcoins in 2015 but sold due to expensive kids haha). I always said i'd hold long term, but tbh i dont really have a point in my mind where i'd sell.

I'd suppose, i'd stay in to the point where i'd be able to pay my mortgage off, which would mean LTC would need to be £6000 a coin and BTC increase accordingly.

What price do you have in mind which would be a sell point?
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January 24, 2018, 01:43:22 PM
 #2

I might cash out some profits for fiat in the very long run (at least at +$100,000 levels), which would be to buy myself a house if that involved party doesn't accept Bitcoin, but the far majority of my coins won't ever get sold. I seriously can't part with my coins knowing how powerful Bitcoin is as tool. It gives me that peace of mind knowing that I will always have wealth sitting in Bitcoin that no one but myself can access. I still have some early 2013 coins that till this day haven't moved. Not even to claim the BCash and other trash forks and airdrops.
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January 24, 2018, 01:52:36 PM
 #3

No matter which crypto it is ,it will grow in price ,some might show instant spike and some might take time to spike.btc price will continue to grow as it is most known currency.eth ,neo,waves,stratis,qtum,eos,ark,etc are giving new meaning to cryptocurrency as cryptocurrency is not just payment method but also can be used in various ways.holding above mentioned crypto for 2-3 years will give a great profit that can satisfy a person need if the person is not greedy. Grin
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January 24, 2018, 02:02:40 PM
 #4

Just out of interest...

I am a long term HODL got in in Oct to BTC/LTC (orignally 2bitcoins in 2015 but sold due to expensive kids haha). I always said i'd hold long term, but tbh i dont really have a point in my mind where i'd sell.

I'd suppose, i'd stay in to the point where i'd be able to pay my mortgage off, which would mean LTC would need to be £6000 a coin and BTC increase accordingly.

What price do you have in mind which would be a sell point?
I have not yet decided the price exactly when to cash out.But I would sell a small percentage of it to enjoy the current price rise and I hope that Bitcoin deserves much higher price than its previous ATH and hence would continue to hold for some more time until I would get a must situation for my family's progress in future.
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January 24, 2018, 03:34:15 PM
 #5

I've been holding for quite some time now, and 100k or more does sound like it could be the ideal 'sell point', but I don't think I would sell all my BTC. I might sell around 40% of my btc if we ever reach that number, just so I can have some fiat for day to day stuff, and then keep the remaining 60% in my wallet, just to spend it over time as I'm pretty sure that by the time bitcoin reaches that round figure, we'll be able to use it to buy pretty much anything.

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January 24, 2018, 04:28:13 PM
 #6

Just out of interest...

I am a long term HODL got in in Oct to BTC/LTC (orignally 2bitcoins in 2015 but sold due to expensive kids haha).
That is really fascinating that you hold up to this point in time where cryptocurrency are exponentially increasing disregarding the price correction because most of the coins have their tremendous pump in just 2 months, 2 bitcoins nowadays is really an expensive asset given that 2015 price ranges from 300 to 500 USD but now the maximum amount that it reaches is 20k dollars but I can't blame for you for selling 2 bitcoin as you can have more coins in your inventory because your one of the early holders that got this point and we know that time it is one time big time increase well the fact that it can have a greater feats for the future years, for me the selling point must drop by the range of 70k to 100k price per bitcoin.

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January 24, 2018, 04:51:49 PM
 #7

Hmm. I have never really considered the price I will be selling all my holdings though, at least for now. Probably, because I trade, and what I get from trading crypto is good enough to keep holding more coins with prospect and still having a lot to spend on other necessities. So, I will say a very long term it is for me.
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January 24, 2018, 04:55:13 PM
 #8

Just out of interest...

I am a long term HODL got in in Oct to BTC/LTC (orignally 2bitcoins in 2015 but sold due to expensive kids haha). I always said i'd hold long term, but tbh i dont really have a point in my mind where i'd sell.

I'd suppose, i'd stay in to the point where i'd be able to pay my mortgage off, which would mean LTC would need to be £6000 a coin and BTC increase accordingly.

What price do you have in mind which would be a sell point?
Nice question I must say. Most of the people think that HODL is like you just sleep off with all your coins in a private key and wake up after months or years to sell it but its not really like this. Most of the people really do monitor the coin regularly. Moreover what is the point where you think that the HODL has been successful.

So my theory. I usually always have a theory behind my HODLing. It might be the underlying project or some important announcement after some time or the prospects of the project. So the point where I sell is the point when these prospects are achieved. I dont think much about it in terms of price targets.
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January 24, 2018, 04:59:16 PM
 #9

If you are talking about ICOs specifically then I will wait for 3x - 5x depending on the project and hype. After that I'll take out twice the amount that I've invested and remaining I will hold till the project roadmap is successfully achieved. By this way you won't lose much and you can avoid panicking when price drops.

Blah blah
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January 24, 2018, 05:00:36 PM
 #10

Just like Bitcoin itself and everyone in thisarket have no idea what the actual value of coin is, I can't predict or target the price at which I should sell. Most likely I am going to keep my Bitcoins and wait for it to become a standard mode of payment worldwide and then use it to pay or do things. As such, I don't have a peak price in mind, and won't sell them until an emergency arrives.

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January 24, 2018, 05:04:01 PM
 #11

I have a big amount of a coin that is few cents.
Will hodl till it gets big!

Still nothing to show, but till $1.

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January 24, 2018, 05:30:04 PM
 #12

I was waiting for 20000$ price and sold some of my coins at that price, now am waiting for 35000$ price and hopefully we will see that price by the end of this year. The correction may take some time now to regain back to its normal rate so till then Hodling is preferred.

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January 24, 2018, 06:45:27 PM
 #13

Just out of interest...

I am a long term HODL got in in Oct to BTC/LTC (orignally 2bitcoins in 2015 but sold due to expensive kids haha). I always said i'd hold long term, but tbh i dont really have a point in my mind where i'd sell.

I'd suppose, i'd stay in to the point where i'd be able to pay my mortgage off, which would mean LTC would need to be £6000 a coin and BTC increase accordingly.

What price do you have in mind which would be a sell point?
Don't hope to much because you will end up on rushing up on selling out your coins so early and I'm sure those prices would takes years for it to be reached. Sometimes emergencies are the main reason why we do sell out early but we should not regret since those funds are being used on purpose or do have the worth not compared on losing those coins or money because of scams. Its just fine since there are still lots of opportunities to accumulate and hold coins again.

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January 24, 2018, 06:57:35 PM
 #14

It depends on the situation. If Bitcoin becomes the norm at whatever point in time, there is no need to sell any of my coins. If nothing changes and it's just the price going up, then I might sell 50% at most, which will be invested wisely, or used as capital to start up my own business. The other 50% will be kept to see where Bitcoin is really heading to. I want to be part of this revolution for a long long time. Only people that are totally focused on fiat will end up selling all their coins eventually, and more often than not, it will leave them a bad taste in their mouth. Seriously, sky is literally the limit -- I can't even imagine what Bitcoin's full potential is....
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January 24, 2018, 07:26:00 PM
 #15

Just out of interest...

I am a long term HODL got in in Oct to BTC/LTC (orignally 2bitcoins in 2015 but sold due to expensive kids haha). I always said i'd hold long term, but tbh i dont really have a point in my mind where i'd sell.

I'd suppose, i'd stay in to the point where i'd be able to pay my mortgage off, which would mean LTC would need to be £6000 a coin and BTC increase accordingly.

What price do you have in mind which would be a sell point?

For me if i bought bitcoin in cheap price should need to hold it for a longer time until the price increases 100% or more but for my own strategy i always sold my bitcoin every time the price is high only 15% of my bitcoin sold so the remaining bitcoin are save and i'' sell them if the price is going to increase again.. we don't know when the price will increase more again and there are times that the price is down so holding them for a long time would be great idea.. So there is no sell point of selling bitcoin just sell them either 10% or 25% every time the price increase 10% to 30%..
This is just my own point but you can set your own..
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January 24, 2018, 07:28:10 PM
 #16

   I do not know answer on this question. I see myself as long-term holder, I remember
on what prices I bought, and I hope for the very high profit in couple years from now.
   Maybe I will not have to sell at all, maybe it will possible  do many more things directly
with Bitcoins. I plan to hold for years and that is my only plan, how months and years are
passing  will make new decisions.
   When I think about future I realize that many things can happen, good and bad. I wish to
feel optimistic and to be ready for future. That's why I hold and wait patiently, when future
comes I will make decisions.



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January 24, 2018, 08:00:56 PM
 #17

The quick answer here is buy low and sell high if you have targeted price then sell to get profit. always remember buy sell repeat!. yes we all know bitcoin is very volatile and there's so much drama roaming around. Pick a best altcoins in coinmarketcap and sell it if youre in profit to get more bitcoin.

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January 24, 2018, 08:29:48 PM
 #18

I've been holding for quite some time now, and 100k or more does sound like it could be the ideal 'sell point', but I don't think I would sell all my BTC. I might sell around 40% of my btc if we ever reach that number, just so I can have some fiat for day to day stuff, and then keep the remaining 60% in my wallet, just to spend it over time as I'm pretty sure that by the time bitcoin reaches that round figure, we'll be able to use it to buy pretty much anything.

100K is a nice number. Probably worth getting out at around 95K however as it may crash after.
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January 24, 2018, 08:40:51 PM
 #19

i would not sell. i would wait till the day btc is being accepted to buy properties and cars then i would use maybe 1000 satoshi to buy a house.

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January 24, 2018, 08:51:03 PM
 #20

Just out of interest...

I am a long term HODL got in in Oct to BTC/LTC (orignally 2bitcoins in 2015 but sold due to expensive kids haha). I always said i'd hold long term, but tbh i dont really have a point in my mind where i'd sell.

I'd suppose, i'd stay in to the point where i'd be able to pay my mortgage off, which would mean LTC would need to be £6000 a coin and BTC increase accordingly.

What price do you have in mind which would be a sell point?

$100,000 per Bitcoin is my target to start selling. However, I wouldn’t sell it all. I would sell a small amount and do that every year. As each year passes, hopefully Bitcoin will continue to increase in value and my remaining balance will still increase in value while I’m cashing out.
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