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Author Topic: HODL Will Stand When All Else Falls!  (Read 598 times)
StochasticOrder
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February 06, 2018, 12:44:56 AM
Merited by 8Habits (1)
 #21

Long term cryptocurrencies aren't going anywhere, they are a secure investment and people that sell out during the downturns always end up regretting it later. I've been debating getting into options for Bitcoin, but there is so little volume and the Bid-Ask spreads are ridiculous. Either way there will be 2 kinds of regret in a few months, those people who regret selling at the low and those of us that regret not buying even more each time it temporarily dips.
kunsh
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February 06, 2018, 01:20:33 AM
 #22

This BTC dip will take more time to recover than we think, whales are using this to spread bad news and they will use this situation as always happen in situations like this. There are too much bad news for crypto serving to us this days. Credit card bans spam confuse people but they don't know they still can send wire transfer and use Debit card to buy coins..., exchange ban from some countries, regulating crypto world etc etc. All this are some of reasons why this happening today with BTC. We just need to be patient and over time situation will be better and different. Some coins will die meanwhile, that happen with thousands coins till now, some will grove stronger etc etc...
Jaya912
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February 08, 2018, 01:26:27 AM
 #23

Well, to be honest i feel little nervous, because when it falls, it falls really fast. And looking at the price right now hurts, specially like me who invested in mid Nov. But even in bad times, i didn't sell anything yet, i am holding tight, even though my 60% portfolio gone!

I have the same thing mate. My capital drop around 70% from the beginning portofolio.
However i am a strong holder and i will be always strong.
Wise people said " dont ever sell your asset lower than buying price ". I keep that sentence.
Rooster101
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February 08, 2018, 05:31:37 AM
Merited by 8Habits (1)
 #24

Many newbies or those who are still new to cryptocurrency investment or trading will be the ones that readily reacts when a coin suffer a massive corrections and later succumb to panic selling. They are not well-informed on what to do with their coins when the price are falling down. Hodling a coin for long a time is been used by many traders and holders who wants to profit  in long term investments. When you are planning to hodl your bitcoins, you need to remain calm during the sell-off panics and set your mind in the future.
arpon11
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February 08, 2018, 06:54:44 AM
 #25

My formal boss said to me that he got the most disappointing of his life in investing into cryptocurrency and I told him if you can hold, you will recover what He has loss because I strongly believe that bitcoin has that capacities to go up in future but people are selling now because of panic that has been created by cryptocurrencies enemies and they are pumping the fear on social media and others media house.
Wilhelm
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February 08, 2018, 07:25:12 AM
 #26

HODLing since 2012  Cool

Millionaire or bust !!!

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
jakelyson
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February 08, 2018, 07:35:29 AM
 #27

I feel that most of the old bitcointalk members have already mastered the Art of Holding. Aren't you? Yes, I am talking to you SR. Member and above! Smiley

It is no secret that bitcoin gone through hell since its inception but the firm believers who HODL became wealthy in a tremendous way.


Hope those short line of words eases the pain to all the members here who emotionally suffer the most with the current price downfall of bitcoin and hopefully will also be a venue for the crypto pro to give encouragement to other members to continue hodling on.


Most of them bought bitcoin when the price was below 1K. The drop now is nothing to them because overall, they are still a few fold in profit.

The newbies who bought at the peak of the price are the ones suffering in this drop. Encouraging them to hold is good but not enough. If they learn to take advantage of the price even on a bear trend, it would be better.
timerland
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February 08, 2018, 08:39:52 AM
 #28

I feel that most of the old bitcointalk members have already mastered the Art of Holding. Aren't you? Yes, I am talking to you SR. Member and above! Smiley

It is no secret that bitcoin gone through hell since its inception but the firm believers who HODL became wealthy in a tremendous way.


Hope those short line of words eases the pain to all the members here who emotionally suffer the most with the current price downfall of bitcoin and hopefully will also be a venue for the crypto pro to give encouragement to other members to continue hodling on.




Holding for the long term is probably going to be extremely profitable, even after the price has gone on a multi-month hike last year. I personally believe that bitcoin is still going to outperform most asset classes in the coming years, including fiat of course.

It doesn't mean that you can't sell and buy later. If you feel like that there's a bubble, obviously the smart thing to do will be to sell your coins and buy back at a more reasonable price point, so that you can increase your bitcoin holdings.

And looking now, bitcoin's price is extremely reasonable for buyers. Would be a good time to get your bags filled up for the long term.

Smiley
nl247
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February 08, 2018, 09:08:52 AM
 #29

Im holding even I loss more than  50% of my portffolio
Do not look at the small picture right now mate, look at the bigger picture. Also, if it will make you feel better, go back and take a look at just last year and about the same incident that happened. At the end of it all, we always recover and even come back stronger because with every dip like this, stronger hands keep entering the market and the weaker ones keep getting thrown out. Never ever be the weak one and over time you will get used to the fact that, bitcoin and cryptocurrency is here to stay.
8Habits (OP)
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February 08, 2018, 01:01:08 PM
 #30

Many newbies or those who are still new to cryptocurrency investment or trading will be the ones that readily reacts when a coin suffer a massive corrections and later succumb to panic selling. They are not well-informed on what to do with their coins when the price are falling down. Hodling a coin for long a time is been used by many traders and holders who wants to profit  in long term investments. When you are planning to hodl your bitcoins, you need to remain calm during the sell-off panics and set your mind in the future.

I agree with you Rooster101. I am a crypto day trader and with the recent down of prices to almost all of the altcoins, I halted my usual trades in a day and just holding them.

I am quite surprised that in due time, I am now able to manage my emotions to not get panic in any big price movements and just stay focus on my goal. This is not who I am a few years ago Smiley
pocketfullofpoke
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February 08, 2018, 01:38:34 PM
Merited by 8Habits (1)
 #31

I feel that most of the old bitcointalk members have already mastered the Art of Holding. Aren't you? Yes, I am talking to you SR. Member and above! Smiley

I've bought bitcoin at 16,000$ plus, started to go up before it went down slowly plummeting its market value at 6,048.xx$ but i never felt fazed to even sell my bitcoin. I just realized that i am just a Full Member which makes me believe that those who know how to HODL are not Sr. Members and above only.

Your rank and how long you been here does not have something to do with HODLing because HODLing comes from someone who has strong heart and strong belief of bitcoin no matter what their rank status may be, IMO.

For those who have the courage to HODL despite all crisis, CONGRATULATIONS!

South Park
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February 08, 2018, 08:56:52 PM
 #32

I feel that most of the old bitcointalk members have already mastered the Art of Holding. Aren't you? Yes, I am talking to you SR. Member and above! Smiley

It is no secret that bitcoin gone through hell since its inception but the firm believers who HODL became wealthy in a tremendous way.


Hope those short line of words eases the pain to all the members here who emotionally suffer the most with the current price downfall of bitcoin and hopefully will also be a venue for the crypto pro to give encouragement to other members to continue hodling on.



Hold is the best strategy but one of the reasons of why I think some people still do not believe in it is because it seems to be very passive, basically the best thing you can do is to do nothing and for some people this is counterintuitive, when something happens like a reduction in the price they want to do something, they want to sell, they want to move to other coin and yet we recommend that they do nothing and this can be difficult to accept for some people.
8Habits (OP)
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February 09, 2018, 02:22:24 AM
 #33

I feel that most of the old bitcointalk members have already mastered the Art of Holding. Aren't you? Yes, I am talking to you SR. Member and above! Smiley

I've bought bitcoin at 16,000$ plus, started to go up before it went down slowly plummeting its market value at 6,048.xx$ but i never felt fazed to even sell my bitcoin. I just realized that i am just a Full Member which makes me believe that those who know how to HODL are not Sr. Members and above only.

Your rank and how long you been here does not have something to do with HODLing because HODLing comes from someone who has strong heart and strong belief of bitcoin no matter what their rank status may be, IMO.

For those who have the courage to HODL despite all crisis, CONGRATULATIONS!

you are right pocketfullofpoke, that the ability to hold is really not based on the ranks and there are newbies here that are having bitcoin for years already. I was just presuming that senior members and up are quite long already in the forum and know the volatility of bitcoin that is why I referred only to sr member and up Smiley
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February 09, 2018, 02:52:09 AM
 #34

I feel that most of the old bitcointalk members have already mastered the Art of Holding. Aren't you? Yes, I am talking to you SR. Member and above! Smiley

It is no secret that bitcoin gone through hell since its inception but the firm believers who HODL became wealthy in a tremendous way.


Hope those short line of words eases the pain to all the members here who emotionally suffer the most with the current price downfall of bitcoin and hopefully will also be a venue for the crypto pro to give encouragement to other members to continue hodling on.



I never agreed with plain 100% HODL.   You have to be using this crypto economy for something or its no good.    Dont go buy a nice car and never use it, its actually bad to leave a car unused right.   Most people know this, to see a price gain we need growth and thats active users not people asleep on the job.    Just be you, use BTC whenever you can to pay a bill and its a positive imo.   Obviously, also buy it back so you arent using up all your BTC so in effect its still a hold but I think it has to be used or some other system will take over from BTC.   Technology is a constant process of redundancy and replacement, efficiency is served first and foremost to the best of my knowledge not one person or any set of people, not the old users, etc.

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01asd
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February 09, 2018, 02:57:30 AM
 #35

I've bought bitcoin at 16,000$ plus, started to go up before it went down slowly plummeting its market value at 6,048.xx$ but i never felt fazed to even sell my bitcoin. I just realized that i am just a Full Member which makes me believe that those who know how to HODL are not Sr. Members and above only. Your rank and how long you been here does not have something to do with HODLing because HODLing comes from someone who has strong heart and strong belief of bitcoin no matter what their rank status may be, IMO. For those who have the courage to HODL despite all crisis, CONGRATULATIONS!
Yes, people who hold or having a long-term investment will not worry about this. But you need to have a big faith in Bitcoin. People who already know Bitcoin for years will not worry and keep investing. Long-term trader or long-term investor like usually will think this situation as an opportunity to collect Bitcoin as much as possible. Although you have to be strong to face the situation like this because there are a lot of issue and discussion going on. There are a lot of people that are trying to bring you down because they think that this is the end of Bitcoin. But we should keep our faith and keep collecting.
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February 09, 2018, 07:02:59 AM
 #36

I feel that most of the old bitcointalk members have already mastered the Art of Holding. Aren't you? Yes, I am talking to you SR. Member and above! Smiley

It is no secret that bitcoin gone through hell since its inception but the firm believers who HODL became wealthy in a tremendous way.


Hope those short line of words eases the pain to all the members here who emotionally suffer the most with the current price downfall of bitcoin and hopefully will also be a venue for the crypto pro to give encouragement to other members to continue hodling on.




I am sure that this policy and strategy helps Bitcoin and other altcoins not to fall even deeper. The belief of hodlers supports ctypto very much.
hisuka
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February 09, 2018, 07:24:46 AM
 #37

I feel that most of the old bitcointalk members have already mastered the Art of Holding. Aren't you? Yes, I am talking to you SR. Member and above! Smiley

It is no secret that bitcoin gone through hell since its inception but the firm believers who HODL became wealthy in a tremendous way.


Hope those short line of words eases the pain to all the members here who emotionally suffer the most with the current price downfall of bitcoin and hopefully will also be a venue for the crypto pro to give encouragement to other members to continue hodling on.




I am sure that this policy and strategy helps Bitcoin and other altcoins not to fall even deeper. The belief of hodlers supports ctypto very much.
This is the advantage of stay long in bitcoin community the mastering the art of hodling. We have been seeing a lot of up and down in the market so in this case we are truly aware. Hodling could be better and stands to be strong in bitcoin market.
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February 09, 2018, 08:51:57 AM
 #38

Well, to be honest i feel little nervous, because when it falls, it falls really fast. And looking at the price right now hurts, specially like me who invested in mid Nov. But even in bad times, i didn't sell anything yet, i am holding tight, even though my 60% portfolio gone!
Nice one indeed. You will never regret that decision. For those who panic a lot, if they can go back to some of the old threads, they will know by now that FUD means nothing, and they are there just to shake off some weak hands from the market while some bigger boys in the market called whales benefit a lot from that. Holders will never lose in anyway as long as they believe in what they are holding and they do not lose hope. It is normal to be nervous right now, over time, you will get used to it.
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February 09, 2018, 09:28:32 AM
 #39

Well, to be honest i feel little nervous, because when it falls, it falls really fast. And looking at the price right now hurts, specially like me who invested in mid Nov. But even in bad times, i didn't sell anything yet, i am holding tight, even though my 60% portfolio gone!
Nice one indeed. You will never regret that decision. For those who panic a lot, if they can go back to some of the old threads, they will know by now that FUD means nothing, and they are there just to shake off some weak hands from the market while some bigger boys in the market called whales benefit a lot from that. Holders will never lose in anyway as long as they believe in what they are holding and they do not lose hope. It is normal to be nervous right now, over time, you will get used to it.

Holders do also loose especially on the current situation of bitcoin right now but that looses can be recovered if ever bitcoin can comeback again to its peak. but what if bitcoin is a true bubble?  And one day the value of it will go down to zero or in short pops out just like a bubble. then i guess hodl itself cant still save you, so therfore selling right now or in a dip is still beneficial in order for us to cut our losses if anything bad could happen.
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February 09, 2018, 10:55:05 AM
 #40

I feel that most of the old bitcointalk members have already mastered the Art of Holding. Aren't you? Yes, I am talking to you SR. Member and above! Smiley

It is no secret that bitcoin gone through hell since its inception but the firm believers who HODL became wealthy in a tremendous way.


Hope those short line of words eases the pain to all the members here who emotionally suffer the most with the current price downfall of bitcoin and hopefully will also be a venue for the crypto pro to give encouragement to other members to continue hodling on.



and hodling is the most effective way of facing this biggest downfalls.i can point that only those weak hands is the affecting bodies here..and this is a learning stage for those new to in here..those who panicked sell will have a bitter feelings when the price stabilizes before end of this month.they will learn something out of this

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