Question for all you holders

[jolajola]

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

[Vod]

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Not really a post for Meta - you should move it (control at lower left) to somewhere more appropriate.

Then PM me and I will remove this post. 

[cindygirl]

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

I think even the most fervent of holders will have a limit. I think it's most to buy in to the idea of holding strong and making wise decisions as to when to cash out. I find it hard to believe that if bitcoin was priced at say $100m thus making the majority of people with bitcoin millionaires or multi-millionaires that we wouldn't see the large majority of them cash out.

[BUK2016]

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Well I don't thing that there any one here that is holding his or her for eternity. And whoever is currently holding any coins has a particular reason that action including yourself. Exit point depends on when my target profit has been achieve before I will well any of my coins.

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Not really a post for Meta

Well respected Legendary Sir, here is trading discussion and not Meta

[akukakeh]

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

because I am new and only have a small capital, I just make an investment under $ 1, I just look for small profits from there, I have bought altcoin many like igniz, nxt, and ripple
hopefully my strategy runs smoothly

[thycrypto]

I hodl because I don't think the market is where is should be. I see a lot of potential and in time we will get there. I don't think I will leave everything to hold and I will pull out something soon (this year) but I will always leave something in a coin. I think taking it all out is not the best idea. You never know.

[nicolas1979]

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Short/ exit strategy is close the transactions and get out from the market. Most people will say exit is when they get profit ( win ), actually loss is included. Before open transaction we must have stop loss ( cut loss ) and take profit point, if you don't have it please stop your activity. We only need to disciplines with our strategy and accept the result. No one can hold until die because patience has limit.

[harizen]

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

You make it really literal huh? Holding doesn't mean "holding forever". Remove that kind of idea and you will understand what other people is trying to say about "hold". Can't think why it came up to your mind.

There are some considerations before people sell a specific coin and that is vary per person. Some examples are; some people analyzing the current trend first before doing some sell, this is to prevent some impatient actions. Another one is, they anticipate that price will be more decent in the future so even a certain coin doesn't have any price movement, people sees "something from it". And the most common, they need to sell it immediately because they need money on a certain purposes. And there are more...

Hope this somehow enlightened you.

[Bonsaiav]

Yes i will survive, it's something i will do until i die, just as much as maintaining my life.

By having, it means we have faith to fight and care for it well, if nothing can be done at all then HODL is the last resort, and don't let our faith selling.
Bitcoin is the most established coin, don't be afraid to hold it.

[Kemarit]

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Well for those who really hold and not panic during any price crash is rewarded handsomely at the end. I think that's enough motivation for someone to hold as long as they can. However, there are circumstances that you need to dump it like in cases of emergencies, or you do really need fiat to purchase something. I honestly believe that there are no exit plans for long term holders, but there are scenarios that could lead them to sell a few, which I have mentioned already. So basically, long term holders have patience and will not just push the sell button that easy.

[richardsNY]

My motive is to hold everything till I don't have to use a bank anymore for all daily needs, bills, etc. In my case the better question will be when I will exit fiat, and that I don't know. I am in Bitcoin to be part of a revolution against that what the government and banks represent. If we all adapt to this way of thinking, we will be able to break through their system once and for all. People deserve to own their wealth instead of having it sit in the financial system rotting away, and where the government doesn't mind eating through your capital every year, where on top of that, your capital becomess less valuable as well. It's a loss on top of another loss for you....

[aardvark15]

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

My tentative plan is to hold until I have at least $100,000 in my portfolio and then every year cash a little out. Maybe a 5% cash out every year. This way if the value of my coins continues to grow my balance may be increasing even while I cash out each year.

The point of my investment is to supplement my retirement but we also should consider cashing out some to book those profits if something were to go wrong.

[crzy]

I must hold my coins so tight for me not to loss money, since I can’t afford to sold it at a lower price, and also I have a goal that I need to accomplish and I believe by holding on a great coin will allow me to do that. Holding is the best thing that you can do in this market, because every coin will go up soon since cryptocurrency is our future.

[187undercover]

I use futures to balance it out when the market is falling and I would slowly sell my investment. with the balance of the futures and holdings.

[qwertyup23]

have you got any sort of exit strategy? Or are you going to hold until the day you die? If so, what's the point in having it?
This isn't an aggressive post - I'm genuinely curious as to what peoples targets / motivations etc are.

Well, there's this specific threshold I am waiting until I cash out my bitcoins in the future. Every investor has their own plans on their investments whether for short or long-term goal and that is why I believe that in the near future, I personally believe that bitcoin prices will start to skyrocket once again after 2018. Just think of this way, some countries in Asia including Japan and Singapore are starting to see bitcoin as something that is beneficial to the society. Singapore just mentioned that bitcoin is not a threat to their economy YET (will post the links below for future reference).

Just to add, bitcoin being a digital currency and investment is an intangible good which may be the future of payment transactions in the future. While I do believe that it is very idealistic, soon countries will slowly adapt to the digital aspect side and bitcoin may be the gateway towards this stepping stone.

I must hold my coins so tight for me not to loss money, since I can’t afford to sold it at a lower price, and also I have a goal that I need to accomplish and I believe by holding on a great coin will allow me to do that. Holding is the best thing that you can do in this market, because every coin will go up soon since cryptocurrency is our future.

I believe that almost all investors want to profit from their investments and that provides for the reason on why people hold. The exit strategy may differ from each individual but all of us have a common goal- which is to gain profit. While I also believe that holding is indeed a preferable move in the market, there are also a variety of options in order to maximize your profits by not just HOLDING it. Here are some of my suggestions:

• In order to at least increase your profit for long-term, you may increase their capital investments from a part of our monthly wages;
• Trading may be a good source of earning extra-income but be mindful of the risks before you engage;
• Being part of a signature campaign may give you an extra-boost as it rewards you with bitcoins/weekly by contributing in the forum; and
• If you have the necessary skills under the services sector like creating signature designs or anything that is relevant to service, then you may offer them payment for it.

Link: https://cointelegraph.com/news/singapore-confirms-it-will-not-ban-cryptocurrency-has-no-risk-concerns

[ExoticMotors]

I only keep BTC until I reach the premium of my vehicles. I sell for cheaper in BTC and make the value back either by trading or over time.

[mast3rm1nd]

for me personally I don't know the answer to that yet. but the way I see it I better have some money by the time I find the answer to that question.

[ChiBitCTy]

I started buying BTC about 2 or 2.5 years ago and have just about made what I've put in back.   I'm a financial guy and diversity is everything to me.  As such I highly recommend everyone be completely diversified so that if it does you don't lose everything (Let's take a look at the horror stories going on right now with Bitconnect buyers).  BTC vs Gold?  Dumbest question ever.  Own both. If you believe in something and you've done all the homework you possibly can then maybe you just HODL for life.

[adaseb]

I use futures to balance it out when the market is falling and I would slowly sell my investment. with the balance of the futures and holdings.

Right now using the futures to hedge your position during a bear market is not going to work very well.

Have you actually traded the futures before?

To short you need to provide crazy margin, and the spread is still awfully high.

The future options would of been good but there is no market for those yet.

[BitHodler]

I'm hodling till I can't anymore, meaning, I'll probably never end up selling the majority of my coins. I haven't sold much aside from taking profits last year during the crazy peak, but have put that capital back into Bitcoin in the last days.

I try to continue doing so for many more years, which allows me to end up with more coins every year, and that's for me a fantastic continuous goal to focus on due to the wild fluctuations this market goes through.

I don't trade a lot at all, even barely, but in some cases it's so obvious that the market is overbought, that it would be a wasted opportunity to not use it in my advantage to increase the number of coins that I have.

It's a risk regardless of how obvious things may look, but some times you just have to take that extra risk.