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Author Topic: Your HODL motivation  (Read 776 times)
HODL2090 (OP)
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October 02, 2018, 08:12:59 AM
 #1

In a few months, it would be ten years since the first transaction was made on the bitcoin blockchain by Satoshi Nakamoto (whoever he, she or they are). A decade down the road, bitcoin has grown in many aspects, adoption, value, circulation. And with just a couple of bitcoin yet to be mined, we are entering a new phase. And we might only have a few of the early adopters left in the bitcoin space, some bought a couple of pizzas and some cashed out during the series of pumps we have had over the years, some also panic sold during dumps.

What motivates you to Hodl?

Hodling or more conventionally put, long-term investment has always been a part of financial and commercial investments. And people were quick to identify the potential of profits in cryptocurrency due to the high volatility. And it was accepted it as a digital asset.

Hodling in such a space which is prone to wide sudden fluctuations is easier said than done. The emotional strain. One of my biggest motivation to Hodl is recognizing that bitcoin is not a pump and dump scheme, this for me is the most important motivation to hold. And you would be less bothered by intermittent value drops and rises.

If you are into bitcoin for the product and not profit, then you would be less interested in the profits and more interested in its increased adoption and application. Then you can view it as national currencies, which have value based on what it can purchase, but bitcoin has more applications as it is built on the blockchain technology.

Some can stay away from active participation, and it is possible to combine trading and hodling.

- A trader can also be a hodler. You have to set out your priorities and set aside a portion of your capital. If you're trading the same currency, (eg bitcoin), it would help to have a seperate wallet where you store you frozen assets and those available for trade.

Of course you should have disciplined yourself and learnt how to control your emotions and whims, otherwise you can't Hodl successfully.

What do you hope for the future?

This currency still has a long way to go, and of course we all look forward to a day where bitcoin would be an accepted global currency, that can be used to make purchases both online and offline. I lean more to online, as the world is going digital.

Increased adoption would also be helpful to governments and the citizenry, especially in developing countries, like Nigeria. And we are sure to discover other applications of the blockchain technology, as the qualities of transparency and decentralizatiom would be invaluable in those states.

What's your biggest fear?

Centralization. Bitcoin was created to be an alternative to the conventional banking sector. And to give it's users freedom and control, complete control. I fear a day where we would Los that control to governments and banks.
And I don't think global regulation is imperative for mass adoption.
The system was well designed to function without any control or supervision. And it's users need not to trust any human factor but the technology, the bitcoin technology.
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October 02, 2018, 02:19:13 PM
 #2

the first reason I save bitcoin is a market situation that to this day is still not so stable, so it's better to keep bitcoin that we have waiting for bitcoin to go up because we can get a profit from selling quickly but the loss can be .
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October 02, 2018, 02:28:34 PM
 #3

indeed there are so many who hold the coin
  at this time including me personally, because in addition to being a savings in the future, prices are also still not rising as of the end of yesterday.

so it would be nice if the price of two times the price we can now sell.
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October 02, 2018, 02:48:04 PM
 #4

In a few months, it would be ten years since the first transaction was made on the bitcoin blockchain by Satoshi Nakamoto (whoever he, she or they are). A decade down the road, bitcoin has grown in many aspects, adoption, value, circulation. And with just a couple of bitcoin yet to be mined, we are entering a new phase. And we might only have a few of the early adopters left in the bitcoin space, some bought a couple of pizzas and some cashed out during the series of pumps we have had over the years, some also panic sold during dumps.

And it's really amazing how far we've come with bitcoin, though some of us expected more in a decade of its existence, for me I'd say I'm pretty impressed coming from a relatively unknown project that only existed in geeky forums for over a year before circulating towards many different channels. The rest is history from there.

What motivates you to Hodl?
...

I'd be lying if I say I am doing it all for the tech. Of course, holding my coins somewhat gives me profit over time and that's what I do most of the time to make sure that I'm financially secured when the time comes. This is not the only investment that I have and I do have stocks built up, so money is the main motivation why I hold.

What do you hope for the future?
...

More places to spend my coins most likely, knowing that some countries are already trying to shift over to cryptocurrencies, why not make it so that even small merchants are accepting it? In the short-term future, this is not possible considering the high volatility of bitcoin's "price" to fiat. Though I believe that once we shifted to cryptocurrencies, merchants would also follow suit knowing that the payment they are accepting is legal and accepted even by the governments.


What's your biggest fear
...

Same as yours, centralization. Knowing how easy and reliable it is to store data on the blockchain, it's no surprise that the governments and some private institutions would like to use it for the said purpose of pooling data and using it for whatever reason they might have.
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October 02, 2018, 02:50:07 PM
 #5

I am still hold some altcoin because I can trust how the power of holding some altcoin, I know many profit taken by hold some altcoin with long term. l faced with some coin could reached more than 200% profit after holding about one years.

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October 02, 2018, 02:54:34 PM
 #6

I like to hold it in the long run and finally the price actually rises. I used to regret that I always sold too fast, and I think it's time for me to start a long-term hold. after all, the market is currently down too, and the best step is to hold.
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October 02, 2018, 03:00:39 PM
 #7

I really think there is no need for a motivation in hodling coins, And you have said all the things why many are really doing this, I really think that because Cryptocurrency can really lead everyone to become rich in the future I really think this is a thing for many hodlers to really hodl so much coins they can get, If there is a promising thing for them and this involves money then I think certainly many would do this, That would simply what drives them, Well I really think this includes myself as well.
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October 02, 2018, 03:05:08 PM
 #8

Holding BTC it's not my thing, I prefer to hold altcoins with good potentials, but it has to be said,  bitcoin has done a good job by paving way for the acceptance and adoption of cryptocurrency. Even though most of us are in it for the profit, with time we will have a new orientation when use cases start to popping up everywhere for goods and services.
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October 02, 2018, 03:17:12 PM
 #9

I can tell you what motivates me. I once thought about pros and cons of holding and wasn't sure if it's the right choice so I took the 50/50 stance. Half of what I earned was being turned to fiat and the other half was held. Then 2017 bull market happened and I earned so much more. It was the time when I started thinking about holding more than half of my earnings because the volatility will eventually make it pay off.

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October 02, 2018, 03:26:02 PM
 #10

it motivates me to make more income because if we can make it today the qunatity of a coin is too much but when the time comes the market recover the value of it can double so for me there is nothing to be afraid when the market is down take this opportunity to make more coins.
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October 02, 2018, 03:30:50 PM
 #11

One of the main reasons most people hodl is because of profits, and i'm one of those, I mainly hodl for the prosime that I'll gain bigger profits in the future once the price finally shoots up. Though, I do like to spend some bitcoin every now and then whenever I get the chance (I also convert some into , I'm one of those who thinks we should also spend our coins if we ever have the opportunity to do so.

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Marshall14
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October 02, 2018, 03:33:33 PM
Last edit: October 02, 2018, 03:46:58 PM by Marshall14
 #12

In a few months, it would be ten years since the first transaction was made on the bitcoin blockchain by Satoshi Nakamoto (whoever he, she or they are). A decade down the road, bitcoin has grown in many aspects, adoption, value, circulation. And with just a couple of bitcoin yet to be mined, we are entering a new phase. And we might only have a few of the early adopters left in the bitcoin space, some bought a couple of pizzas and some cashed out during the series of pumps we have had over the years, some also panic sold during dumps.
And what a long decade it has been,it really hasn't been a smooth journey all the way,as is synonymous with any good project,it has had it's fair share of criticisms and crisis,but it has pulled through all that and is making waves every single day of the week.


What motivates you to Hodl?


Hodling is one very delicate aspect of this system,as despite the fact of it being a very nice tactics to make profit it doesn't always come good,ive hodled and made profits most of the times,ive also incured losses,but generally my motivation while holding is how to make huge profits,trying to be patient and avoid panic sales,its not really easy most times
What do you hope for the future?


Massive adoption of the bitcoin,and unwavering popularity and usage in most countries of the world,its not going to be easy,due to the popularity of fiat currencies,but bitcoins enormous growth in just ten years goes to show that there will come a time when numerous stores start accepting cryptos and bans on cryptos are lifted,and cryptocurrency education is adopted in our schools..
 I can only see the bright side of the future for this network.


What's your biggest fear?

 
My biggest fear like you have rightly said is definitely centralization,though some feel it will quell the volatility of the market,but the thought of the government being in control of this system,placing stringent rules and regulations on it could be the nail in the coffin for me...The system should always remain the way it was created:DECENTRALIZED!!!



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October 02, 2018, 03:57:09 PM
 #13

My major reason for holding is for increase whose expectation is to make profit. On the other side, I also fear that price don't deep so much that I lose a reasonable part of my investment.
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October 02, 2018, 04:21:40 PM
 #14

I think that cryptocurrency is promising and interesting. I planned to hodl my tokens for a long time. I am interested in how profitable this will be and in how successful projects will be the tokens of which I hodl.
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October 02, 2018, 04:56:34 PM
 #15

Simple, I just believe in it
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October 02, 2018, 05:02:35 PM
 #16



I hold because I simply believe in bitcoin, in crypto and in blockchain in general. I don't just hold BTC but some altcoins I think will survive and will be useful in the future. Its the decentralization that makes me believe that finally we can have the currencies not controlled by the few. After learning I can generate more money with crypto, my dream of providing good future for my kids is almost realizing. This motivates me to hold.

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October 02, 2018, 05:08:46 PM
 #17

Does someone ever tell you that the secrets of the biggest gainers on hodling are trust and silence? More holders keep their investments hidden within time and shockingly worth it.

Time isn't the enemy on holding, but our patients. So take the risk of breaking some bed for longterm.

HODL
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October 02, 2018, 05:19:12 PM
 #18

It's much more relaxing to just hold long term and to stop checking prices everyday.  Baring some type of cataclysmic event, Bitcoin will continue to rise as the block rewards are halved.

I know a lot of Bitcoiners like to check prices every five minutes. Smiley  I think long term when I invest, I'm not here to day trade or chase daily pumps.

I firmly believe in the future of bitcoin and cryptocurrency .  I have seen how ludicrous the central banking system is and how corrupt they are.  There will still be some bumps along the road (government regulation, Mt. Gox dumping more coins, FUD by mainstream media)
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October 02, 2018, 05:25:27 PM
 #19

the first reason I save bitcoin is a market situation that to this day is still not so stable, so it's better to keep bitcoin that we have waiting for bitcoin to go up because we can get a profit from selling quickly but the loss can be .

Yes selling in a loss will not make any sense unless someone require money instantly then it is a different story. Else you can hold it and in longer term we know market can swing from red to green quickly and we all have seen it in the past as well.
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October 02, 2018, 05:28:49 PM
 #20

Most people have no motivation when hodl and stuff, ya they said they hodl it for like a year and then checking the price every single day. But in reality, they just abandon those coins until certain times and then come back again when they need it. That's what I know on what I asked to some people.

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October 02, 2018, 05:37:22 PM
 #21

Most people have no motivation when hodl and stuff, ya they said they hodl it for like a year and then checking the price every single day. But in reality, they just abandon those coins until certain times and then come back again when they need it. That's what I know on what I asked to some people.

Yes for altcoins that are not in the first hundred in coinmarketcap, it is better to hold and forget about them for a very long time because their growing rate is very low and volatility is almost not felt.  Roll Eyes
So what will be the heck checking and rechecking on them? That won't be necessary.

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October 02, 2018, 05:38:57 PM
 #22

Hold is the best way for the current situation because if I sell it I loss. My motivation to date is the market situation that is still unstable today, so it's better to hold bitcoin so that I can benefit when bitcoin rises because I believe Bitcoin can rise again after its fall like last year.
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October 02, 2018, 05:41:15 PM
 #23

What motivates you to Hodl?
~snip
I believe the reason why many cryptocurrencies trader cant HOLD for a long-term is because their perspective about cryptocurrencies to get a rich quick scheme (The inexperienced traders). We need to change our perspective first, just because cryptocurrencies have a high volatility doesn't mean it will make us rich (high risk = high reward).
If our perspective has been changed then we need to work on our trading emotion to make it easier for a long-term trade.
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October 02, 2018, 05:51:27 PM
 #24

At first, I wanna say, you wrote well, A big thanks for that! Bitcoin passed more than 9 years and after few days, 10 Years will fulfill! If you look through back then you will see how hold works for the believers and investors. Who believed in bitcoin and bought and then held for a long time, they made a huge amount of money! Many investors are now big whales! This is the best motivation for me to hodl bitcoin and cryptocurrency!

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October 02, 2018, 06:02:17 PM
 #25

I'm into making profit short-term so the pump and dump of a coins' price would not just make me think twice or thrice but many times whether I hodl it or not for a period of time.
If you think a coin/token has a big future, better hodl it for years no matter the price goes up or down.

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October 02, 2018, 06:09:40 PM
 #26

The motivation of HODL, probably and mainly for making some decent profit. Short-term holding because of the sudden transaction need. Holding a coin for the long term will surely help gain a good amount of return, but only if the coin has good potential and good future. No matter what blockchain is the future and good coins will be rewarding.
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October 02, 2018, 06:13:41 PM
 #27

What motivates you to Hodl?
I have to admit, In a not too good market situation, I think, It's too risky to "trade" actively, that's the reason I do HODL. Besides, Also, I think, it is too risky not to be part of the future cryptocurrency revolution that I believe it will happen.

What do you hope for the future?
Well, I expect Bitcoin to be widely accepted. However, Before going far into the future, I hope Bitcoin can have a lot of support and can overcome the biggest obstacles. From scalability to government regulations, Bitcoin needs a lot of support and work to be completed to be widely accepted in the future.

What's your biggest fear?
After knowing what can do by Bitcoin and Blockchain, this is a system that has made me personally feel comfortable, free, and more private. and as you say, centralization is something I fear.
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October 02, 2018, 06:22:31 PM
 #28

What motivates you to Hodl?

Hodling or more conventionally put, long-term investment has always been a part of financial and commercial investments. And people were quick to identify the potential of profits in cryptocurrency due to the high volatility. And it was accepted it as a digital asset.

being honest I would say this is the main reason why many people like bitcoin, altcoins and ICOs. this capacity that has to propel returns of 2X, 3X and sometimes more than 10X has made many people start buying cryptos in hopes of becoming rich. I once saw a post from a guy who said he bought a few bitcoins and that after years of trade he had managed to get a lot of bitcoins worth $ 400,000. this was unbelievable and there are many people who have made a lot of money with this crypto market.


If you are into bitcoin for the product and not profit, then you would be less interested in the profits and more interested in its increased adoption and application. Then you can view it as national currencies, which have value based on what it can purchase, but bitcoin has more applications as it is built on the blockchain technology.

there are few people who are interested in bitcoin because of the technology, but this is due to the fact that not all people have the same tastes and objectives. just like in everything in life. there are people who love mechanics and there are people who just want to drive their cars without even caring about the mechanics behind the car.

combine trading and hodling.

this is the best strategy, but only if the person has a great knowledge in making trade
 
What do you hope for the future?
Increased adoption would also be helpful to governments and the citizenry, especially in developing countries, like Nigeria. And we are sure to discover other applications of the blockchain technology

I agree with: " Increased adoption "

What's your biggest fear?

if bitcoin banned in worldwide, that would be my biggest fear


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October 02, 2018, 06:26:29 PM
 #29

My reason for holding back bitcoin is because the market is below, I will not sell all the coins I have, if I sell now I will experience a big loss, and I will hold it until the market rises again, because I want to get profit instead of loss, but if I need funds for the needs of life I will sell. I hope bitcoin will continue to grow and be legalized throughout the country, because there are several countries that have not legalized bitcoin as a medium of exchange or transaction.

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October 02, 2018, 06:28:39 PM
 #30

Long time holding will be give good results for our investments and i will always selected good profiting ant top coin in the market so that will never give a bad returnees i am say the my own experiences.  

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October 02, 2018, 06:31:34 PM
 #31

My reason for holding bitcoin is that bitcoin has a value that allows it to increase better. I have a family and from bitcoin I hope to be able to provide income and be able to change the future. And I'm afraid to sell low because it can be a loss for me.

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October 02, 2018, 06:35:09 PM
 #32

People hold beause  they know they earn a good profit if they do it, they are open minded and know the capability of bitcoin. They never  accept issues that will affect them. If you know that your coin has a big future hold it and wait until the time comes it will increase again,
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October 02, 2018, 06:35:19 PM
 #33

My two main motivations for HOLDing is the expectation of wider adoption of crypto generally and that fact that the same explosion from last year is likely to happen perhaps not immediate but at least in the next couple of years.
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October 02, 2018, 06:47:13 PM
 #34

Personally, I am motivated to hodl - the belief that cryptocurrency is a new stage in the development of money. Anonymous cashless exchange is obviously the future that awaits everyone.
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October 02, 2018, 07:02:57 PM
 #35

actually, I don't have the motivation to hold my assets, it's just that I'm too big to suffer losses. I hope that by holding back I will get my losses.
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October 02, 2018, 07:04:06 PM
 #36

One thing in the crypto makes me highly motivated and that is the profit in this market is very high but if you luck is with you like if you buy this currency at low price and you sell it when it equals to 400% rise then you can not count your profit and on the other hand risk is also there you can lose your value as well but for me bitcoin holding i think it is good as many of the crypto analysts predicted that bitcoin and crypto market will rise once again so that's why i am waiting for the right time.

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October 02, 2018, 07:06:46 PM
 #37

I think about HODL today since morning. I think HODL is more profitable than daytrade instead. So I think I'm going to continue with HODL.
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October 02, 2018, 09:44:41 PM
 #38

I have always believed in holding my bitcoin for as long as possible. Even when the price hit all time high, I did not sell up to twenty percent of my bitcoin. Why would I now sell my bitcoin at this time? The truth is that anyone who can hold his bitcoin will definitely make a gain in the long run.
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October 02, 2018, 10:00:48 PM
 #39

Hello,

At the beginning of my investments I made mistakes like lots of newbies in the market. I learned more step by step and saw that I don't have the knowledge and the time to trade. Finally I decided to take more time to look into project and invest on promising one and be patient. It will be more benefit for for me.
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October 02, 2018, 10:10:26 PM
 #40

I think about HODL today since morning. I think HODL is more profitable than daytrade instead. So I think I'm going to continue with HODL.

Plus you don't have to stress yourself out of day trading. HOLDing is very simply strategy but yet very effective. Just imagine those early bag holders in 2013-2015 bear market. If they continue to hold on their bitcoins up to the last peak in 2017 then I'm sure they have made a lot of profits then.

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October 02, 2018, 10:11:12 PM
 #41

maybe when the price drops, there will be a lot of panic and dumping on an oin will make things worse and I suggest not to panic too and stay patient because there will someday be an increase so stay patient and hold it because it is the best way to keep prices stable

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October 02, 2018, 10:12:51 PM
 #42

only some people can hold, for example the Cameron brothers, who hold bitcoin from 2012, and today he became very rich.

I agree with your topic, but what really matters for me is that limited supply of bitcoin and huge public demand will create bitcoin to the moon.

for that reason, I am always optimistic, and in my opinion, there is no late sentences before bitcoin reaches the maximum number.

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October 02, 2018, 10:14:06 PM
 #43

Holdling is a very good thing to do if and only if the coin you are holdling will shoot up some time to come. In fact, I have been a victim of selling my coin which was worth holdling for some time. All things being equal, if no circumstance will force you to sell and you see that the coin you are in possession is worth holdling, I think you should hold for long time.

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October 02, 2018, 10:25:48 PM
 #44

The reason for HODL is: come what may, in at most 5 years time, 1 No BS will equal $1. That will mean serious cash  Tongue Tongue  Grin Grin
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October 02, 2018, 10:26:05 PM
 #45

Its a much worse feeling to miss out on a huge bull run than it is to take a loff on an investment , at least for me.  Fear of missing out is STRONG.
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October 02, 2018, 10:26:19 PM
 #46

Definitely,  I usually check in the current market and base on what I had observed that there is a great potential growth on the coin that i happen to invest. Hodling is a very effective way to prevent from losing much on your investment and when market goes up trend, sell your coin.

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October 02, 2018, 11:54:17 PM
 #47

only some people can hold, for example the Cameron brothers, who hold bitcoin from 2012, and today he became very rich.

I agree with your topic, but what really matters for me is that limited supply of bitcoin and huge public demand will create bitcoin to the moon.

for that reason, I am always optimistic, and in my opinion, there is no late sentences before bitcoin reaches the maximum number.
Limited stock and users who continue to grow every day. making bitcoin very special, because a very significant price reduction makes some people have doubts about the growth of bitcoin, but I think this is a good start for us to start accumulating bitcoin. because I also believe that the future of bitcoin will be very expensive
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October 03, 2018, 12:11:45 AM
 #48

Going by some statistical analysis and predictions bitcoin will be a scarce digital currency when its almost completely mined of course this will have a significant impact on its price probably on a higher note and its on record that there are a lot of hodlers obviously waiting to cash out on a new ATH thus this is what motivated me in HODLing bitcoin.

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October 03, 2018, 12:13:02 AM
 #49

When someone comes to invest in cryptocurrency in a hie, I mean he came without the slightest knowledge about cryptocurrency, I guess they were people who gave a big contribution to drastic price reductions. They only look at prices, not based on the potential and function of cryptocurrency in the future.

Hold for long term, I like this part. Actually, investing or trading in cryptocurrency is nothing wrong (might just for me) when I was trading and I found a loss I didn't sold my assets, I mean when I late sold when I trade and I have found a loss then I just let things it happened and I just change the strategy from trading to investing.
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October 03, 2018, 12:15:58 AM
 #50

My motivation is that I believe Bitcoin will go much further than it has already done. It is very often difficult as there are always rumours and negativity saying Bitcoin will die. I am trying to ignore all that and concentrate on how the future of Bitcoin will shape up.
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October 03, 2018, 12:21:22 AM
 #51

i dont have any motivation when i holding, everything i do just stop looking the market, uninstall the market and dont see it, until 1 week(minimum) with this strategy i think we can HODL more good than before

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October 03, 2018, 02:10:32 AM
 #52

In a few months, it would be ten years since the first transaction was made on the bitcoin blockchain by Satoshi Nakamoto (whoever he, she or they are). A decade down the road, bitcoin has grown in many aspects, adoption, value, circulation. And with just a couple of bitcoin yet to be mined, we are entering a new phase. And we might only have a few of the early adopters left in the bitcoin space, some bought a couple of pizzas and some cashed out during the series of pumps we have had over the years, some also panic sold during dumps.

What motivates you to Hodl?

Hodling or more conventionally put, long-term investment has always been a part of financial and commercial investments. And people were quick to identify the potential of profits in cryptocurrency due to the high volatility. And it was accepted it as a digital asset.

Hodling in such a space which is prone to wide sudden fluctuations is easier said than done. The emotional strain. One of my biggest motivation to Hodl is recognizing that bitcoin is not a pump and dump scheme, this for me is the most important motivation to hold. And you would be less bothered by intermittent value drops and rises.

If you are into bitcoin for the product and not profit, then you would be less interested in the profits and more interested in its increased adoption and application. Then you can view it as national currencies, which have value based on what it can purchase, but bitcoin has more applications as it is built on the blockchain technology.

Some can stay away from active participation, and it is possible to combine trading and hodling.

- A trader can also be a hodler. You have to set out your priorities and set aside a portion of your capital. If you're trading the same currency, (eg bitcoin), it would help to have a seperate wallet where you store you frozen assets and those available for trade.

Of course you should have disciplined yourself and learnt how to control your emotions and whims, otherwise you can't Hodl successfully.

What do you hope for the future?

This currency still has a long way to go, and of course we all look forward to a day where bitcoin would be an accepted global currency, that can be used to make purchases both online and offline. I lean more to online, as the world is going digital.

Increased adoption would also be helpful to governments and the citizenry, especially in developing countries, like Nigeria. And we are sure to discover other applications of the blockchain technology, as the qualities of transparency and decentralizatiom would be invaluable in those states.

What's your biggest fear?

Centralization. Bitcoin was created to be an alternative to the conventional banking sector. And to give it's users freedom and control, complete control. I fear a day where we would Los that control to governments and banks.
And I don't think global regulation is imperative for mass adoption.
The system was well designed to function without any control or supervision. And it's users need not to trust any human factor but the technology, the bitcoin technology.

My motivation to hold coins is to buy myself a great gaming PC, and to invest in other cheap and good altcoins for the future as well. Right now, I am hoping that everything is going to be good in the future and cryptocurrency will continue to evolve and be acknowledge by a lot of people. My biggest fear is centralization as well. As a person who uses cryptocurrency, I don't want any form of government be involved in regulating bitcoin. It will be good that there will be no such things like taxation of cryptocurrency.

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October 03, 2018, 02:29:59 AM
 #53

Indeed right now I have hold some coin and my decision it will be run when market situation back to back.we know that now Cryptocurrency market situation very bad down down and down.so we have need to take time hold and wait until market going up.
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October 03, 2018, 02:39:13 AM
 #54

Of course, my greatest motivation is to earn more. But of course I know that you need to be patient and I know that. So if you want to earn more, you need a HODL motivation.
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October 03, 2018, 02:41:00 AM
 #55

The one that motives me to hold is the potential of bitcoin growth in the future, bitcoin just started to growth and its already create a huge attention, and there are so much potential that still hidden, I do hope in the future there will be huge adoption where every countries adopting bitcoin and we could spend it everywhere, my biggest fear is there are some users that will keep on using crypto for bad things and the government will ban crypto
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October 03, 2018, 02:50:57 AM
 #56

Indeed right now I have hold some coin and my decision it will be run when market situation back to back.we know that now Cryptocurrency market situation very bad down down and down.so we have need to take time hold and wait until market going up.
what keeps me going with bitcoin is to get big profits. Price movements make me more fond of bitcoin because it can provide price advantages can rise and fall so buy when rising and selling when prices are high. as long as bitcoin still gives me an advantage I will still be with bitcoin.
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October 03, 2018, 03:05:52 AM
 #57

For me. just because If I deposit all money into bank I only get 2% profit per years. even day trading I get more than 5% so hold bitcoin is a good choice for me.

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October 03, 2018, 03:13:12 AM
 #58

currently the price of altcoin and bitcoin is very down, more than 50 percent of the price decline from December 2017. And now there are a lot of big selling actions that make the total supply of all crypto cannot be controlled and there are very few crypto requests. thus, making crypto prices worse in recent months. if I do not hold my assets, then I will experience a big loss and will make crypto prices worse.

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October 03, 2018, 03:27:23 AM
 #59

currently the price of altcoin and bitcoin is very down, more than 50 percent of the price decline from December 2017. And now there are a lot of big selling actions that make the total supply of all crypto cannot be controlled and there are very few crypto requests. thus, making crypto prices worse in recent months. if I do not hold my assets, then I will experience a big loss and will make crypto prices worse.
That amount of losses can bring you to keep holding and stay motivated that price will rise back again, we don't have any concrete ideas when will the market will be healthy again, currently we are still seeing downfall though some little increase are now being felt with some alts and bitcoin itself, if you don't want to lose your money you need to keep holding and inspire yourself that in the near future it will bring good outcome.

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October 03, 2018, 03:40:38 AM
 #60

What motivates you to Hodl?
What do you hope for the future?
What's your biggest fear?
In my opinion, the thing that motivates me to hold because I strongly believe that bitcoin will become a world currency, also we don't need bank anymore which always charge me every month to pay the fee, even if I never do any transaction in the month. I hope that bitcoin will become a world currency, so we don't need Money changer anymore. We can do traveling around the world with only bring one kind of currency.
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October 03, 2018, 03:46:02 AM
 #61

what motivates me to become a holder is that I don't have to look at market prices all the time like most traders.
because I fully believe in bitcoin technology that cannot be managed by anyone and will improve every year.
and the fact is that every year bitcoin is always increasing and hopefully this year is the same as the previous year.
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October 03, 2018, 04:13:11 AM
 #62

My motivation to keep HODL my coins/tokens is that I need to have more profit to what I invest. And I keep predicting a good price to it so that I will keep holding to it until it reach my prediction. Then HODL like bitcoin is one of the to do because bitcoin make some people rich by just holding to it.
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October 03, 2018, 04:32:27 AM
 #63

my main reason for holding BTC is because the amount is limited, currently the amount of bitcoin that has been circulating in all exchanges is 17 million out of a total of 21 million, but until now there are still many people who mine it so I'm sure the price of bitcoin will continue to rise, in accordance with the principle of demand and supply in economics where if demand rises but the amount of supply fixed, so the price will rise, especially in rare items
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October 03, 2018, 04:35:55 AM
 #64

If we consider the situation with the price of Bitcoin, then its retention still makes sense, since every year its price increases. We also have not finished this year yet, there are still almost three months and interesting events may occur and happen over them.
In addition, now there are more and more young and promising coins and tokens, which would be very profitable to keep for the long term. The fact that this year, while holding no profit for anyone, does not mean that such tactics have lost their effectiveness.
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October 03, 2018, 05:11:37 AM
 #65

My hodl motivation could be that first earn good amount of bitcoin like 4 or so btc and I will literally hold it until my ideal amount per btc is reach, everyone of us need to be psychologically prepared for lose somehow if the btc fail and we hodl it for life.

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October 03, 2018, 05:18:20 AM
 #66

My motivation to hodl is easy. When i start with cryptocurrencies, the bull market started last year. So i could make very fast profit of some thousand of dollars. But i refused. It sounds maybe weird, but for me, i cant do anything with these money. SO i mean i let it be untill i make big profit or loose everything. Cause if i make profit of thousand or five thousand dollars does not matter. Because even if i go out with ten thousand dollar, i also had to continue working. So i want to make the big win or nothing.
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October 03, 2018, 05:27:48 AM
 #67

I like to hold coins for the long term, but not all of the coins I hold for the long term, only coins that have good prospects that I hold for the long term, because I often make mistakes by selling them quickly and it turns out the coins go up very high, so I start holding it for the long term because it doesn't want to repeat the mistake.
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October 03, 2018, 05:32:16 AM
 #68

There is no motivation behind me to hodl bitcoin but I do for some extend due to the low market price and like anyone in the crypto world I too invested in bitcoin to gain profits and tat is the reason tokens are kept in the wallet until the price increase in the future but many cannot do that due to financial reasons so they sell even without a profit

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October 03, 2018, 05:36:52 AM
 #69

I am personally motivated to keep Bitcoin confidence in it, despite the bearish trend that is happening now. I believe that the future is blockchain technology
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October 03, 2018, 05:39:00 AM
 #70


What motivates you to Hodl?


What do you hope for the future?


What's your biggest fear?


I am motivated to Hodl, because I know Bitcoin will go to the Moon some day and I will be able to retire earlier than anticipated. This is one of my main goals for this technology. Only a small percentage of people can retire comfortably and I want to be one of them.

My hope for the future is for Bitcoin to go mainstream and to disrupt the greedy Bankers and Remittance services and for people to have complete financial freedom.

My biggest fear would be for Bitcoin to fail.  Angry

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October 03, 2018, 05:40:35 AM
 #71

Seeing pumps on exchanges is the only one and best motivation to hodl

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October 03, 2018, 05:47:33 AM
 #72

what motivates me when I have a hodl is that I have to really manage my finances, I save for a while until the price has the potential to sell it. my btc or alt remains on hold for a long time, until I feel it is appropriate to switch to fiat in part. I am sure that no one wants to fall in losses
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October 03, 2018, 08:33:09 AM
 #73

In a few months, it would be ten years since the first transaction was made on the bitcoin blockchain by Satoshi Nakamoto (whoever he, she or they are). A decade down the road, bitcoin has grown in many aspects, adoption, value, circulation. And with just a couple of bitcoin yet to be mined, we are entering a new phase. And we might only have a few of the early adopters left in the bitcoin space, some bought a couple of pizzas and some cashed out during the series of pumps we have had over the years, some also panic sold during dumps.

What motivates you to Hodl?

Hodling or more conventionally put, long-term investment has always been a part of financial and commercial investments. And people were quick to identify the potential of profits in cryptocurrency due to the high volatility. And it was accepted it as a digital asset.

Hodling in such a space which is prone to wide sudden fluctuations is easier said than done. The emotional strain. One of my biggest motivation to Hodl is recognizing that bitcoin is not a pump and dump scheme, this for me is the most important motivation to hold. And you would be less bothered by intermittent value drops and rises.

If you are into bitcoin for the product and not profit, then you would be less interested in the profits and more interested in its increased adoption and application. Then you can view it as national currencies, which have value based on what it can purchase, but bitcoin has more applications as it is built on the blockchain technology.

Some can stay away from active participation, and it is possible to combine trading and hodling.

- A trader can also be a hodler. You have to set out your priorities and set aside a portion of your capital. If you're trading the same currency, (eg bitcoin), it would help to have a seperate wallet where you store you frozen assets and those available for trade.

Of course you should have disciplined yourself and learnt how to control your emotions and whims, otherwise you can't Hodl successfully.

What do you hope for the future?

This currency still has a long way to go, and of course we all look forward to a day where bitcoin would be an accepted global currency, that can be used to make purchases both online and offline. I lean more to online, as the world is going digital.

Increased adoption would also be helpful to governments and the citizenry, especially in developing countries, like Nigeria. And we are sure to discover other applications of the blockchain technology, as the qualities of transparency and decentralizatiom would be invaluable in those states.

What's your biggest fear?

Centralization. Bitcoin was created to be an alternative to the conventional banking sector. And to give it's users freedom and control, complete control. I fear a day where we would Los that control to governments and banks.
And I don't think global regulation is imperative for mass adoption.
The system was well designed to function without any control or supervision. And it's users need not to trust any human factor but the technology, the bitcoin technology.

The only motivation for retention is the belief in a possible return on investment and the increase in capital. It seems to me that there are no other motivations except this one.

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October 03, 2018, 08:37:17 AM
 #74

The target value of the coin is one of the good motivation to us to keep on holding until it was reach, also by continuous holding make the value of coin increasing especially if the demand is much higher than the supply it will reflect positively and all will be given by a profit by that.

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October 03, 2018, 09:53:14 AM
 #75

So what will be the heck checking and rechecking on them? That won't be necessary.
You don't know what they are thinking until you ask them by yourself. I have faced this type of traders a lot of times, yes a lot. They think to check every single damn times could make they won't miss any update/progress on market (but looking at the market right now, this is completely pointless)

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October 03, 2018, 09:59:20 AM
 #76

You go deeply in that question mates.
I think eveyone should look in yourself and ask: why I joined ? If was something that I need and want to change in this shitty world or just for speculate and get quick bucks ?
Hopefully your answer ( as it was for me back in those days) was the first one. Try at least to give a punch to the traditional bank system where everything seems to be quite a far west - more than crypto world indeed.
But they wnat to let us think it was like that that have always been working so you should adapt and make no noise. Screw you bad eggs! We want our privacy back and we want to owe our money.
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October 03, 2018, 10:06:26 AM
 #77

In a few months, it would be ten years since the first transaction was made on the bitcoin blockchain by Satoshi Nakamoto (whoever he, she or they are). A decade down the road, bitcoin has grown in many aspects, adoption, value, circulation. And with just a couple of bitcoin yet to be mined, we are entering a new phase. And we might only have a few of the early adopters left in the bitcoin space, some bought a couple of pizzas and some cashed out during the series of pumps we have had over the years, some also panic sold during dumps.

What motivates you to Hodl?

Hodling or more conventionally put, long-term investment has always been a part of financial and commercial investments. And people were quick to identify the potential of profits in cryptocurrency due to the high volatility. And it was accepted it as a digital asset.

Hodling in such a space which is prone to wide sudden fluctuations is easier said than done. The emotional strain. One of my biggest motivation to Hodl is recognizing that bitcoin is not a pump and dump scheme, this for me is the most important motivation to hold. And you would be less bothered by intermittent value drops and rises.

If you are into bitcoin for the product and not profit, then you would be less interested in the profits and more interested in its increased adoption and application. Then you can view it as national currencies, which have value based on what it can purchase, but bitcoin has more applications as it is built on the blockchain technology.

Some can stay away from active participation, and it is possible to combine trading and hodling.

- A trader can also be a hodler. You have to set out your priorities and set aside a portion of your capital. If you're trading the same currency, (eg bitcoin), it would help to have a seperate wallet where you store you frozen assets and those available for trade.

Of course you should have disciplined yourself and learnt how to control your emotions and whims, otherwise you can't Hodl successfully.

What do you hope for the future?

This currency still has a long way to go, and of course we all look forward to a day where bitcoin would be an accepted global currency, that can be used to make purchases both online and offline. I lean more to online, as the world is going digital.

Increased adoption would also be helpful to governments and the citizenry, especially in developing countries, like Nigeria. And we are sure to discover other applications of the blockchain technology, as the qualities of transparency and decentralizatiom would be invaluable in those states.

What's your biggest fear?

Centralization. Bitcoin was created to be an alternative to the conventional banking sector. And to give it's users freedom and control, complete control. I fear a day where we would Los that control to governments and banks.
And I don't think global regulation is imperative for mass adoption.
The system was well designed to function without any control or supervision. And it's users need not to trust any human factor but the technology, the bitcoin technology.

guys the whole hodl thing is a pure nonsense. We shouldn't motivate ourselves to hodl anything, we need to use bitcoin to transact, use it as money. When will you finally understand it?

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October 03, 2018, 10:10:57 AM
 #78

if I am alone with the current condition, it is certainly the best by holding my altcoin and bitcoin, because I am sure that the time will soon be high, the prices of the two coins will soar
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October 03, 2018, 10:14:04 AM
 #79

I've always defended HODL. I always said HODL was more profitable. But If I've sold it in the right time and if I was buying it right now, I'd be at least 50% more profitable.

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October 03, 2018, 11:29:22 AM
 #80

I've always defended HODL. I always said HODL was more profitable. But If I've sold it in the right time and if I was buying it right now, I'd be at least 50% more profitable.

Hey don't think twice what could have been done the other way. Such thinking is easy when you can see tops and bottoms clearly in historical charts.

The thing is one can't be the most effective and one shouldn't even aim at it. Nobody has the crystal ball showing the future. You never know when the exact top and bottom is. You only know it after the fact.
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October 03, 2018, 11:43:04 AM
 #81

In a few months, it would be ten years since the first transaction was made on the bitcoin blockchain by Satoshi Nakamoto (whoever he, she or they are). A decade down the road, bitcoin has grown in many aspects, adoption, value, circulation. And with just a couple of bitcoin yet to be mined, we are entering a new phase. And we might only have a few of the early adopters left in the bitcoin space, some bought a couple of pizzas and some cashed out during the series of pumps we have had over the years, some also panic sold during dumps.

What motivates you to Hodl?



3x lower prise then ATH last december, first digital cryptocurrency,most dominated. etc.. But blockchain technology and its future development ist most reasonable motivation for me to hodl bitcoin.
We need digital currency
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October 03, 2018, 11:45:50 AM
 #82

I've always defended HODL. I always said HODL was more profitable. But If I've sold it in the right time and if I was buying it right now, I'd be at least 50% more profitable.

At some points we have to sell our coins. We have to have some targets to reach because, hold forever will give us nothing but regrets. Hold our coins while in the down trend and sell it when the  price already increase significantly.

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October 03, 2018, 12:02:19 PM
 #83

In a few months, it would be ten years since the first transaction was made on the bitcoin blockchain by Satoshi Nakamoto (whoever he, she or they are). A decade down the road, bitcoin has grown in many aspects, adoption, value, circulation. And with just a couple of bitcoin yet to be mined, we are entering a new phase. And we might only have a few of the early adopters left in the bitcoin space, some bought a couple of pizzas and some cashed out during the series of pumps we have had over the years, some also panic sold during dumps.

What motivates you to Hodl?

What do you hope for the future?

What's your biggest fear?

The thing that motivate me to hold bitcoin is "possible income I can get to it". Holding bitcoin is not always profitable like in times of crash like this year for me I just think that it is just the right time to buy or to save bitcoin. So when time comes that bitcoin price rises, we got our profit immediately.


I am hoping that in near future bitcoin amd other crypto will be more useful and valuable than today. Cryptos are already valuable but it will be more valuable amd more people or maybe company will use bitcoin as a spurce of exchange.

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October 03, 2018, 12:10:27 PM
 #84

First of all if you want to hodl you have to be rich man and must have lots of bitcoins. Otherwise if you hodl without many bitcoins it would be nothing. The bitcoin hodling job is only for rich people i believe.I have 0.2 bitcoin right now in my wallet and if i hodl or not i can not do big things with that amount. So i have to go to the altcoins market. There are no way for me and people like me..
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October 03, 2018, 12:20:09 PM
 #85

Holdling is something worth being thankful for to do if and just if the coin you are holdling will shoot up some an opportunity to come. Actually, I have been a casualty of offering my coin which was worth holdling for quite a while. Taking all things into account, if no condition will constrain you to offer and you see that the coin you are under lock and key merits holdling, I figure you should hold for long time.
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October 03, 2018, 12:32:32 PM
 #86

First of all if you want to hodl you have to be rich man and must have lots of bitcoins. Otherwise if you hodl without many bitcoins it would be nothing. The bitcoin hodling job is only for rich people i believe.I have 0.2 bitcoin right now in my wallet and if i hodl or not i can not do big things with that amount. So i have to go to the altcoins market. There are no way for me and people like me..
You are like my fate, I think if I hold my Bitcoin for a long time then I will not make it profitable every day. so I chose Altcoin. Because many altcoins have the potential for profit every day. And if I already have a lot of Bitcoin, of course I will hold it, because it's very good.
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October 03, 2018, 01:11:33 PM
 #87

the biggest share in this work ends in your feelings. If you move with panic and direct your investments in this way, it won't take long to sink your investments. But if you're motivated, you'll get your return on your investments.
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October 03, 2018, 01:19:57 PM
 #88

My motivation is very simple, for me, a pizza owner who gets 10000 bitcoins, cameron brothers, they are my motivation.

besides, we see a good development of bitcoin also being my motivation to always hold bitcoin.

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October 03, 2018, 01:33:31 PM
 #89

My motivation is Bitcoin is becoming more useful as per the days passes and many people are started to adopt it. So I hope very soon, which I have hodl is going to make me rich. So this motivation helps me to hodl bitcoin in any situation.
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October 03, 2018, 01:37:20 PM
 #90

You know when you to have to reach something you need a motivation for that, my motivation is my dream. my dream is simple to buy a car and a house to live. that's my motivation when i'm hodling. Maybe someday i be able to buy these things when the project will success.

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October 03, 2018, 01:45:55 PM
 #91

There are many reasons for me to hold Bitcoin, but the things you shared above are still lacking. My current economy is not lacking, the potential of Bitcoin is what I care most. It is no coincidence that Bitcoin's price is so high. I hope the end of this year will reach $ 10k.
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October 03, 2018, 01:49:35 PM
 #92

I just want to make more profit in the future. Currently, this is not a good time to sell. If I sell it at this time, I certainly will not make a profit. When bitcoin is scarce and prices are high. This is the time to sell. I can earn huge profits to take care of my family life more fully.

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October 03, 2018, 01:53:39 PM
 #93

when everyone has lost their trust in bitcoin I still trust my investment in bitcoin because this is the currency that will be used throughout the world with more and more people who will know about blockchain

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October 03, 2018, 01:56:43 PM
 #94

I am only hodling because I made huge losses last year on bitcoin. You see I bought bitcoin when it was $20,000. So o am going to hold till it gets right back at purchase cost or more.. No losses Smiley
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October 03, 2018, 01:58:48 PM
 #95

My motivation is my belief in bitcoin, and even though it is currently falling low but bitcoin will be able to rise and have higher prices, and by holding bitcoin, I believe in the future bitcoin will be able to provide benefits.

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October 03, 2018, 02:00:00 PM
 #96

I'm still optimistic that bitcoin will go to the moon, I also see a chart that every year bitcoin always creates a bullish market. because of that, until this moment I still hold a few bits of bitcoin in my wallet.

the blockchain system is my motivation, new technology that can make us get a lot of profit.

I never doubt this blockchain technology.
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October 03, 2018, 02:25:40 PM
 #97

I am holding some Ethereum, because i think that it will be worth something in the future. You can also say that i abondon it for some time, and check it after a few months. When i need something i just take a small part of the coin, and leave the rest.

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October 03, 2018, 02:48:20 PM
 #98

the first reason I save bitcoin is a market situation that to this day is still not so stable, so it's better to keep bitcoin that we have waiting for bitcoin to go up because we can get a profit from selling quickly but the loss can be .

well that is true about the case, including me, mostly i save my bitcoin for future uses because after some years the price will suddenly increase and by then it will be very hard to afford so i decided to have a savings by keeping some bitcoin in my wallet. but my fear is that i don't know how to get a secured wallet that will last me and avoid any external hack or attack.
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October 03, 2018, 02:53:43 PM
 #99

I only hope like 2017. I used to have 10 btc which I considered was an investment. When there was a pump, I was very surprised, my economy got better soon. Right now I still hope that it will happen again.
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October 03, 2018, 02:58:15 PM
 #100

I only hope like 2017. I used to have 10 btc which I considered was an investment. When there was a pump, I was very surprised, my economy got better soon. Right now I still hope that it will happen again.
Everyone must have such motivation. In 2017 the market conditions are very good and now in 2018 we all face unfavorable market conditions. Be patient and we are HODL while waiting for what will happen next year. I am optimistic that there will be market improvements and crypto can be the most promising thing in the future to be used in a recognized global financial system.
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October 03, 2018, 03:02:10 PM
 #101

In a few months, it would be ten years since the first transaction was made on the bitcoin blockchain by Satoshi Nakamoto (whoever he, she or they are). A decade down the road, bitcoin has grown in many aspects, adoption, value, circulation. And with just a couple of bitcoin yet to be mined, we are entering a new phase. And we might only have a few of the early adopters left in the bitcoin space, some bought a couple of pizzas and some cashed out during the series of pumps we have had over the years, some also panic sold during dumps.

What motivates you to Hodl?

Hodling or more conventionally put, long-term investment has always been a part of financial and commercial investments. And people were quick to identify the potential of profits in cryptocurrency due to the high volatility. And it was accepted it as a digital asset.

Hodling in such a space which is prone to wide sudden fluctuations is easier said than done. The emotional strain. One of my biggest motivation to Hodl is recognizing that bitcoin is not a pump and dump scheme, this for me is the most important motivation to hold. And you would be less bothered by intermittent value drops and rises.

If you are into bitcoin for the product and not profit, then you would be less interested in the profits and more interested in its increased adoption and application. Then you can view it as national currencies, which have value based on what it can purchase, but bitcoin has more applications as it is built on the blockchain technology.

Some can stay away from active participation, and it is possible to combine trading and hodling.

- A trader can also be a hodler. You have to set out your priorities and set aside a portion of your capital. If you're trading the same currency, (eg bitcoin), it would help to have a seperate wallet where you store you frozen assets and those available for trade.

Of course you should have disciplined yourself and learnt how to control your emotions and whims, otherwise you can't Hodl successfully.

What do you hope for the future?

This currency still has a long way to go, and of course we all look forward to a day where bitcoin would be an accepted global currency, that can be used to make purchases both online and offline. I lean more to online, as the world is going digital.

Increased adoption would also be helpful to governments and the citizenry, especially in developing countries, like Nigeria. And we are sure to discover other applications of the blockchain technology, as the qualities of transparency and decentralizatiom would be invaluable in those states.

What's your biggest fear?

Centralization. Bitcoin was created to be an alternative to the conventional banking sector. And to give it's users freedom and control, complete control. I fear a day where we would Los that control to governments and banks.
And I don't think global regulation is imperative for mass adoption.
The system was well designed to function without any control or supervision. And it's users need not to trust any human factor but the technology, the bitcoin technology.

for me, HOLD or not, it makes no difference at all, especially if the market conditions really crash, as long as getting profit, then sell, if you can't get HOLD but if you have the potential for deep crashes then selling at that time might be better.

Most people right now prefer on "Buy and Sell" instead of "Buy - Hold - Sell"

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October 03, 2018, 03:31:43 PM
 #102

What motivates me to HODL my Bitcoins is the history of it and all the milestones Blockchain technology has reached and how far it can still go in the future developement.
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October 03, 2018, 03:37:03 PM
 #103

Majority of my positions are long term holds, so though they may be down in profit I am looking ahead at long term potential.

Some of my other positions are just too far deep for me to bother selling right now.

I have faith in my positions and moved my capital into mainly platform coins.
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October 03, 2018, 03:45:51 PM
 #104

Faith is not enough for rise again.. when people wait for high price 10/10 times go down..

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October 03, 2018, 03:50:36 PM
 #105

In a few months, it would be ten years since the first transaction was made on the bitcoin blockchain by Satoshi Nakamoto (whoever he, she or they are). A decade down the road, bitcoin has grown in many aspects, adoption, value, circulation. And with just a couple of bitcoin yet to be mined, we are entering a new phase. And we might only have a few of the early adopters left in the bitcoin space, some bought a couple of pizzas and some cashed out during the series of pumps we have had over the years, some also panic sold during dumps.

What motivates you to Hodl?

Hodling or more conventionally put, long-term investment has always been a part of financial and commercial investments. And people were quick to identify the potential of profits in cryptocurrency due to the high volatility. And it was accepted it as a digital asset.

Hodling in such a space which is prone to wide sudden fluctuations is easier said than done. The emotional strain. One of my biggest motivation to Hodl is recognizing that bitcoin is not a pump and dump scheme, this for me is the most important motivation to hold. And you would be less bothered by intermittent value drops and rises.

If you are into bitcoin for the product and not profit, then you would be less interested in the profits and more interested in its increased adoption and application. Then you can view it as national currencies, which have value based on what it can purchase, but bitcoin has more applications as it is built on the blockchain technology.

Some can stay away from active participation, and it is possible to combine trading and hodling.

- A trader can also be a hodler. You have to set out your priorities and set aside a portion of your capital. If you're trading the same currency, (eg bitcoin), it would help to have a seperate wallet where you store you frozen assets and those available for trade.

Of course you should have disciplined yourself and learnt how to control your emotions and whims, otherwise you can't Hodl successfully.

What do you hope for the future?

This currency still has a long way to go, and of course we all look forward to a day where bitcoin would be an accepted global currency, that can be used to make purchases both online and offline. I lean more to online, as the world is going digital.

Increased adoption would also be helpful to governments and the citizenry, especially in developing countries, like Nigeria. And we are sure to discover other applications of the blockchain technology, as the qualities of transparency and decentralizatiom would be invaluable in those states.

What's your biggest fear?

Centralization. Bitcoin was created to be an alternative to the conventional banking sector. And to give it's users freedom and control, complete control. I fear a day where we would Los that control to governments and banks.
And I don't think global regulation is imperative for mass adoption.
The system was well designed to function without any control or supervision. And it's users need not to trust any human factor but the technology, the bitcoin technology.

I am always motivated by the price of bitcoin which often rises from year to year, some in the media say the price of bitcoin has fallen, but in my opinion this is the time to invest to get more profits. I continue to believe that the price of bitcoin will continue to increase every year because over time people will invest in bitcoin.

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October 03, 2018, 03:57:04 PM
 #106

if I am alone with the current condition, it is certainly the best by holding my altcoin and bitcoin, because I am sure that the time will soon be high, the prices of the two coins will soar
You are never alone. They are also doing the same as yours, holding until it reaches the time that price goes higher. Holding is a normal thing in trader, there is nothing to proud of.

Most people right now prefer on "Buy and Sell" instead of "Buy - Hold - Sell"
Yes

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October 03, 2018, 04:00:29 PM
 #107

at least we have more than 200 billion dollar on crypto market. three years ago we only have 50 billion dollar. that's a big deal

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October 03, 2018, 04:03:15 PM
 #108

hodl is not a good idea when you dont know much about the crypto asset you are holding .l prefer to trade than to hodl an asset. although if l must hodl then there much be a complete research about the project and the team who are involve in such project to find out their ability and inability to deliver such project before i can hodl such crypto asset. in all patience is the key to hodl

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October 03, 2018, 04:30:00 PM
 #109

My motivation to hold a hold is that I want to get a better price for now than I have to panic sell, that's not a good thing for now. so I think hold remains the best choice.
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October 03, 2018, 04:38:27 PM
 #110

hold for some people will feel this is useless, because the recovery of coins usually lasts a long time. but believe me if we are patient and wait for the price of a coin with a hold will definitely get a big profit. a lot of coins pumped 150% at the moment, and that makes people who don't hold and get sell panic feel disappointed.

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October 03, 2018, 04:38:54 PM
 #111

I believe that Bitcoin and some other promising cryptocurrencies have a good potential and their markets will go up with time.
I select carefully the coins before investing and taking the risk of holding, some cryptocurrencies like Bitcoin, Ethereum and waves can reach the highest levels of success soon.
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October 03, 2018, 04:39:48 PM
 #112

Hodling motivation is affected by so many reasons, earlier this year most people who planned to hodl one coin or the other eventually sold it at a cheap price because they rely solely on it for living. The best motivation for holdling is when you have other source of income than crypto,it will allow you to expect less of instant yield or profit from crypto investment.
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October 03, 2018, 04:40:16 PM
 #113

I believe that Bitcoin and some other promising cryptocurrencies have a good potential and their markets will go up with time.
I select carefully the coins before investing and taking the risk of holding, some cryptocurrencies like Bitcoin, Ethereum and waves can reach the highest levels of success soon.
I believe that the price of bitcoin will be above the $ 10k price, and I also believe that the ETH price will have a price above $ 1k, so I hold the two coins in a long time. I believe at the end of this year, or early 2019, the cryptocurrency will re-shine.

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October 03, 2018, 05:13:43 PM
 #114

I am still hold some altcoin because I can trust how the power of holding some altcoin, I know many profit taken by hold some altcoin with long term. l faced with some coin could reached more than 200% profit after holding about one years.
the great confidence and patience that we must have in doing that and I feel holding patiently the best thing at this time to do with conditions like this
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October 03, 2018, 05:26:39 PM
 #115

I only see the sophistication in every technology every year almost develops fast and well, I also think everything is made to do something slow that can be made easy and fast, for example in payments it may be in the future bitcoin will be a payment tool used by all people, so this is my motivation until now holding bitcoin

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October 03, 2018, 05:42:22 PM
 #116

The reason why I am holding onto my AML BitCoins is that regulations are happening as we speak. Once this happens AML BitCoin will be accepted everywhere and by everyone. Can't wait for this to happen!!!
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October 03, 2018, 05:49:44 PM
 #117

I personally hold different coins for different reasons, Sometimes for investment, while other times It could be due to disappointment in the price of the coin. I'm currently holding quite a number TRX, and XLM which basically for investment and due complete belief in project. Nevertheless I also hold some other coins I got from bounties such as Verity, and Bethereum, seeing how those tokens price are abused by numerous dumping from bounty hunters (and maybe some private investors), I was somewhat forced to hold them, knowing fully well the potentials of these projects.

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October 03, 2018, 06:13:18 PM
 #118

Quote
What motivates you to Hodl?
I am HODL because above all, there are no vehicles in the world that are better for disrupting traditional wealth distribution than cryptocurrency.

Quote
What do you hope for the future?
Mass adoption, also clear regulations. Although cryptocurrency does not crash due to rules or other reasons the media tries to sell to you.

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What's your biggest fear?
Sometimes I worry about government policy, where the government can take radical steps without consulting the masses at a certain point in time.
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October 03, 2018, 06:38:28 PM
 #119

at least we have more than 200 billion dollar on crypto market. three years ago we only have 50 billion dollar. that's a big deal
Hope you've got that man. I've eventually thinking that holding isn't having an assurance that it will give us more profitable in the future. Yes, holding makes safe for losing but how if the market keep on falling? Do still keep on holding?
Do seeing other people became a millionaire gives us courage and motivate us to have a try and work for crypto. It seems to become harder of today but I'll keep on moving.



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adefirman98
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October 03, 2018, 06:42:24 PM
 #120

I agree to a long-term investment. but is it not better if we continue to monitor the market? if suddenly the market does not support what you will think,
I'm just principled, save a little, and most of my investment is short-term.
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October 03, 2018, 06:44:54 PM
 #121

I know that we are all aiming to have a hodling for our future so for me, I won't also waste my time and effort not to have at least a single bitcoin, I will save an invest  even in a little way so that I can have investment in the future.
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October 03, 2018, 06:47:46 PM
 #122

i guess for the most holding is the better option the doing a dam panic sell !
And get big looses now so  likely hold the coins and hope for better prizes is the best what many users can do how buyed in with a higher prize then now.



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October 03, 2018, 06:52:34 PM
 #123

I am a very strong holder and very fervent in it, my reason behind this is that i can not watch a coin i sold very cheap rise to a very huge amount at the end of the day its very painful and nobody likes that so i rather keep my coins and wait for the right time to sell

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October 03, 2018, 07:09:23 PM
 #124

1. My motivation started back in 2014, when I came to this forum. Since then, I see a great future in Bitcoin. Its price now just makes you admire. And everyone understands that this is not the limit. The price in another 10 years will be much higher .2 In the future,I hope that bitcoin will be used not only in Nigeria, but also in other countries.Bitcoin is a currency that has no boundaries.Therefore, the doors are open to everyone.3.I don’t know 100% of course, but it seems to me that regulation will happen anyway.I don't want to, but there's been a trend towards regulation lately.



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October 03, 2018, 07:21:20 PM
 #125

My motivation in hodl lies in the idea that panic selling or selling at a relatively cheaper price decreases the value of bitcoin.I believe the HODL approach is one of the best ways to preserve the value of bitcoin. Anytime the price is falling so sharply, the best thing one can do to preserve the value of bitcoin is HODL.
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October 03, 2018, 07:27:33 PM
 #126

The cryptocurrency market is just beginning its development. I am sure that this market will grow at least 10 times in the near future. Because I HOLD. I think many will agree with me.

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October 03, 2018, 07:54:21 PM
 #127

the amount of bitcoin is limited, it's a good reason to keep and hold it Smiley
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October 03, 2018, 07:56:45 PM
 #128

We are still in an explosive growth phase. And I think it's the last explosive one. Bitcoin price will then be more stable because its market is so big by then that price fluctuates more slowly.

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October 03, 2018, 08:16:45 PM
 #129

Hodl has become the commonest word in crypto world such that as soon as one enters he learns to hodl first. Personally, I do hodl to increase my profit and I believe many also do same for the same reason.

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October 03, 2018, 08:17:00 PM
 #130

I do not see the point now to sell bitcoins. Today, the actual tactic is to play for a long time, because bitcoin at the beginning of 2019 will sharply increase, based on the analysis of the growth schedule of bitcoin for the period of 2018. Many professional crypto brokers predict the bitcoin exchange rate over  32,000 $.
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October 03, 2018, 08:29:30 PM
 #131

The motivation is to retire myself 10years from now. I have scary periods like now after the last decembers boom, but I am still optimistic for long term.
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October 03, 2018, 08:30:37 PM
 #132

Before you buy your first coins, I studied this forum in great detail, asked for the opinion of more experienced investors and all I was advised long-term investment strategy. Therefore, I chose it and for all the time of its existence in the cryptocurrency world has never regretted his decision. And I will continue to do so.

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October 03, 2018, 08:40:09 PM
 #133

Alright here is the real truth - The profits we will be getting by holding our investment in crypto currencies is what that is motivating us to hold on to our crypto currencies. You might be saying I am generalizing everyone, but this is actually true. Almost everyone is in this just for the pure "crazy" profit. There are just few people (compared to ones who are here for profit) who are actually into it for the technology.

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October 03, 2018, 08:48:01 PM
 #134

This is the simplest and most profitable strategy in my opinion. All you have to do is buy bitcoin, choose a good wallet for it and have a lot of patience not to sell it when the price drops. That's it. If you follow your strategy, you will have a good profit in a few years.


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October 03, 2018, 09:07:16 PM
 #135

I do not know a strategy more profitable than long-term investment. It minimizes trading risks and is less complicated than mining. You just bought a coin and that's it. Just wait until the price rises to the desired number.

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October 03, 2018, 09:10:11 PM
 #136

I plan to Hodl for a couple of years at least. I know the market is still emerging so I think I have a good chance to see and live it go beyond expectations. Even if I put not a lot of money compared to many here, I'll be more than happy if I go x3 or more than "spent".
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October 03, 2018, 09:31:00 PM
 #137

Many reasons motivate us to hodl cryptocurrencies, of course for most of us the major one is making a good profit but the most important thing is the potential and Opportunities that the blockchain technology has given us and how many peoples were inspired by bitcoin that's why nowadays, we have a lot of different projects, very serious and has unique goal and roadmaps into integrating cryptocurrencies in our modern life and this is very promising.
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October 03, 2018, 09:37:25 PM
 #138

I do not know a strategy more profitable than long-term investment. It minimizes trading risks and is less complicated than mining. You just bought a coin and that's it. Just wait until the price rises to the desired number.
but not all coins can be for long-term investments, some of these coins are only suitable for daily trading. Hold in the long run requires a great deal of confidence in the coin you have, it will be good if you have such confidence. the problem is not everyone can grow the trust that you have. some of the holders will certainly feel panicked when they see the market fall like now, and then sell their assets. but for me the most important motivation is hold is my savings in the future, of course with this savings I want to get a house and a car so I won't sell it now.
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October 03, 2018, 09:43:50 PM
 #139

To be honest, my motivation to continue holding is due more to a lack of imagination to do something better with my bitcoins right now, than to a solid hope that the price of bitcoin will really skyrocket to levels close to a million dollars that many bitcoiners dreamed a few years ago.

Therefore, I would be willing to sell at least part of my bitcoins as soon as I see that the price offers me an acceptable margin of profit, and not because of lack of faith in the future of the cryptocurrencies, but because I believe that bitcoin was designed for a host of useful and practical things, but not as a long-term investment instrument.
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October 03, 2018, 09:53:48 PM
 #140

Nobody really motivates me to do the hodl, strong or not, I have to hodling for a long time because I only believe that the price of bitcoin will skyrocket again in the future, with high confidence in me that makes me ready to stay hodl even though there are many negative issues and the market continues to fall.

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October 03, 2018, 10:38:59 PM
 #141

the amount of bitcoin is limited, it's a good reason to keep and hold it Smiley

This is a simple, yet extremely smart answer. It's short and contains a really big truth not everybody is able to see.

It's also good to point out that the people holding is helping Bitcoin, whether they know it or not. The more holders and people using Bitcoin to buy stuff the more stable and widely accepted Bitcoin itself will become. If you are doing it for profit or if you believe in the potential it certainly contains for the future doesn't really matter - Actions speak louder than words.

My personal reason for using it is confidence in what it can achieve and adverse conditions around myself. I certainly hope increasing my participation in this aspect, even when the adverse conditions are not there anymore. This currency and the technology behind it have huge potential for the future.
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October 03, 2018, 10:47:10 PM
 #142

I think motivation when doing HODL is that I believe that the price increase makes me enthusiastic in doing HODL, and in the long run that makes a lot of profit, I also regret selling coins quickly.
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October 03, 2018, 10:51:17 PM
 #143

Hodling is not really easy when the market is down for almost a year now and it really requires a strong mind to help you endure the ordeal because seeing your crypto assets to fall is really hard. Pretending that i have no cryptos at all can also help somehow.

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October 03, 2018, 11:08:58 PM
 #144

Hold motivation!
Better put btc/Eth/top 10CMC Hold motivation.

That’s the real hold. Very few holders don’t keep these. We all hold a bit of these top 10 coins. That the reall hold.

No one hold bitcoins as investments, waiting for an imaginary 50-100x. Still some FUD keep getting it down. Unfortunately, most media and tweet keep using the hold word as an investment. Most newbies fall for this. Losing their first invested dollars to a red candle.

Holding crypto coins could be beneficial to the market cap with the usecase. Since it’s not centralized or controlled by by a government from a region, it’s use in the out daily activities would be the rapture to the next bull run.

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October 03, 2018, 11:10:34 PM
 #145

My motivation is that I'm very optimistic about the future of cryptocurrency. I believe that the current state of crypto will be nothing to be compared to in a few more years. Sincerely I will like to be a part of the success.
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October 03, 2018, 11:13:51 PM
 #146

I HODL so many times but the situation that motivates me to HODL the more is when I see a great increase in the market and also the coins I am HODLing. When that happens it makes me HODL every coins I have even if I have nothing on me.

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October 03, 2018, 11:20:07 PM
 #147

Nobody really motivates me to do the hodl, strong or not, I have to hodling for a long time because I only believe that the price of bitcoin will skyrocket again in the future, with high confidence in me that makes me ready to stay hodl even though there are many negative issues and the market continues to fall.

Hodling is a motivation already, because all of us needs a better and profitable gains on our assets. Skyrocket price can be attained if we trust our holdings capabilities, and as long as you know the community of your coin it's not a problem. In every community of crypto there's a roadmap to look over so definitely you're binded to it if you're choosing to hold your coins for longer terms. Be strong enough and never be intimidated with some fluctuations.
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October 03, 2018, 11:40:05 PM
 #148

I HODL so many times but the situation that motivates me to HODL the more is when I see a great increase in the market and also the coins I am HODLing. When that happens it makes me HODL every coins I have even if I have nothing on me.
I agree.What motivates me to HODL even more is that knowing that there is a good fortune waiting for me since bitcoin will surely bounce back its price few months from now.So i'm very eager to keep on hodling because i believe that bitcoin has very big potentials that will make us amaze when the right time comes.

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October 03, 2018, 11:45:17 PM
 #149

My hold motivation because bitcoin and other cryptocurrensy have bright future can give so many benefits in the future, and i see in news there are teen already be rich because he buy bitcoin at so cheap prize and keep hold it until the price be so expensive. That's teen also give me motivation.
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October 03, 2018, 11:47:47 PM
 #150

Nobody really motivates me to do the hodl, strong or not, I have to hodling for a long time because I only believe that the price of bitcoin will skyrocket again in the future, with high confidence in me that makes me ready to stay hodl even though there are many negative issues and the market continues to fall.

Some has left no choice but to just hold on to their coins if in case they don't urgently need the funds because they already have a large unrealized loss and if they decide to sell it then it would just be realized loss so it would be better to hold it for a chance that they would be able to profit in the future. My motivation as well is that I would be able to profit from it and multiply the value of my coins in the future since many still believe that bitcoin would reach new all time high someday.

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October 03, 2018, 11:50:18 PM
 #151

History has always favoured those who were good at holding and entered the market early. I believe we are still in the early days of cryptos .Also, some of the best investors across different Markets are holders

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October 03, 2018, 11:51:15 PM
 #152

people who fully believe in cryptocurrency in the future will experience a sharper increase than now, surely they are motivated for Hodl despite the continued decline in market prices on cryptocurrency at all times, surely most of them prefer Hodl to get greater profits in the future front
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October 04, 2018, 12:56:05 AM
 #153

people who fully believe in cryptocurrency in the future will experience a sharper increase than now, surely they are motivated for Hodl despite the continued decline in market prices on cryptocurrency at all times, surely most of them prefer Hodl to get greater profits in the future front
Yes, I agree with you, because there is a lot of information that in my opinion will come true in the future, namely the increase in the price of bitcoin will be more expensive for the future. Because the history of bitcoin from year to year the price of bitcoin is always increasing. So many people believe prices will rise again, and they hold Bitcoin until prices are very expensive.
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October 04, 2018, 01:00:02 AM
 #154

During my earliest times in crypto, i made a couple of mistakes by selling valuable coins for cheap prices due to impatience. I learnt my lessons and came to terms with the principle of HODLing. The market has always been recovering throughout its history and this is what motivates me to hold.

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October 04, 2018, 01:26:09 AM
 #155

I think motivation when doing HODL is that I believe that the price increase makes me enthusiastic in doing HODL, and in the long run that makes a lot of profit, I also regret selling coins quickly.
If you intend to long-term hodl, I think the point is to continue to think positively that the coins you buy will have a high price in the future, if you don't have that belief you will certainly panic if extreme price changes, if you are sure and keep thinking positive then you can hold it longer..
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October 04, 2018, 01:27:58 AM
 #156

I don't trust government currency, I actually consider it to be a complete scam.  This is my hodl motivation , bitcoin is actually backed by proof work and by the community.
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October 04, 2018, 03:26:50 AM
 #157

In my own opinion HODL motivates me because in this way we can earn more by doing trading during bull run market. And also we can really observe what will be the real scenario of crypto market in the long run, because makes hodl for a long time let us keep monitored market situation everyday. And this is also a good way of learning cryptomarket well.
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October 04, 2018, 03:33:54 AM
 #158

For me the hold motivation right decision to recover our loss money, Kiss basically 80% people already getting lossing their money in the crypto market now this moment.so lower price situation need to hold moment everything.
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October 04, 2018, 03:40:52 AM
 #159

Of course it became my hope and our hope, that  the prices of bitcoin will rise again is much higher than the prices that have ever existed before, and that is one of the reasons I hold back. It is my hope that when the price of bitcoin rises and can make a big profit through bitcoin, then I can meet the needs of a more decent life in dealing with financial problems, and can buy a house and have a luxury car. That is the part that I want for the future, even though there is a fear that the price of bitcoin is getting lower or will even disappear from the crypto market, but my belief in bitcoin is still strong and I still believe in the power of bitcoin, for that I will wait until the time reap the rewards of the bitcoin investment that I am currently living.
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October 04, 2018, 04:05:43 AM
 #160

I am still hold some altcoin because I can trust how the power of holding some altcoin, I know many profit taken by hold some altcoin with long term. l faced with some coin could reached more than 200% profit after holding about one years.
surely it takes patience and a very large conviction of course to be able to withstand a period of time long enough to wait for high confidence and patience is the main capital in doing so
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October 04, 2018, 04:07:11 AM
 #161

I don't have any HODL as of now and lost all the hopes in alt coins along with BTC. 2018 is bad year for crypto and getting totally loss of my money.

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October 04, 2018, 04:30:27 AM
 #162

I hold because I trust the crypto will grow well in the future. Particularly Bitcoin, when it is accepted by everyone, it is likely to become a real currency.

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October 04, 2018, 04:38:51 AM
 #163

There are already a lot of people interested in Bitcoin. And a lot of companies have accepted the BTC. That's why I believe in future BTC will bring me wealth. So I bought and will keep it for at least 5 years.
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October 04, 2018, 04:45:59 AM
 #164

I am still hold some altcoin because I can trust how the power of holding some altcoin, I know many profit taken by hold some altcoin with long term. l faced with some coin could reached more than 200% profit after holding about one years.
surely it takes patience and a very large conviction of course to be able to withstand a period of time long enough to wait for high confidence and patience is the main capital in doing so
Well i think that it is not also that easy to have patience and hold your coins for a long run. Human tendency usually goes somehoe greedy and also peoples lack a lot in patience. As soon as the coin starts dumping a bit, peoples get panicked and sell their coins in panic. It usually does not give any great profit and also it affects the demand and supply for the specific coin.

If we think about the major HODLERS who HODL their coins(Bitcoins) fron 2009/2010 to 2017. They made enormous profits by doing so. This is a great motivation for me as asked by the OP. This makes me get into the cheaper coins and hold them atleast for a year. Buying and selling on short term is nothing that great and can only give you some satoshi but if you are holding for a major time, you can surely get to earn a major part of bitcoins.

If we consider the markets currently, they are much close to inflation and the value for money decreases in much part as the time (years) passes by. In thia situation, investing most of your money can prove much profitable which can even make you set your financially stable life ahead.
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October 04, 2018, 04:46:57 AM
 #165

I don't have any HODL as of now and lost all the hopes in alt coins along with BTC. 2018 is bad year for crypto and getting totally loss of my money.

That's why people need to be patient and not sell their coin too soon. The market will recover quickly in the coming time. I think hold would be the best way to avoid losses and make higher profits.
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October 04, 2018, 04:59:02 AM
 #166

To be honest I don't have any motivation for HODL my tokens, I invested a large of money so I have to wait them Sad

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October 04, 2018, 05:11:11 AM
 #167

My HODL motivation is the rate of the price increase last year,
I am hoping that we could see another increase like that or maybe just another x5 or more.
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October 04, 2018, 06:01:12 AM
 #168

I believe in the blockchain technology, but now it is difficult to make money on trading. The main strategy for earning now is Hold.
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October 04, 2018, 06:34:16 AM
 #169

Bitcoin value motivated me much and it is good now to hold bitcoin for future now the market is very tough and price is low so i want to get benefit from speculation so i want to sell when the prices goes up and it is expected that it will rise soon.

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October 04, 2018, 08:28:38 AM
 #170

My motivation for continuing to hold Crypto is because I am sure that the crypto currency has a good future and will continue to grow so that when prices go down I will continue to hold because I believe crypto prices will recover soon and will be profitable
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October 04, 2018, 09:23:30 AM
 #171

For me the hold motivation right decision to recover our loss money, Kiss basically 80% people already getting lossing their money in the crypto market now this moment.so lower price situation need to hold moment everything.

Of course when the prices are low the best thing to do is be more patience and hodl digital currencies because if someone decided to sell crypto assets during a situation like this both profit and investment can be lost so the best decision would be to hodl and wait bit more period of time until the price come to a level that can give a good return on investment

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October 04, 2018, 09:33:29 AM
 #172

I am still hold some altcoin because I can trust how the power of holding some altcoin, I know many profit taken by hold some altcoin with long term. l faced with some coin could reached more than 200% profit after holding about one years.
surely it takes patience and a very large conviction of course to be able to withstand a period of time long enough to wait for high confidence and patience is the main capital in doing so
Much patience is needed for holding long as the price go down but take also chance to add more volume on holding especially for potential coin that will surely recover and going to give good profit in the future. Holding is worth when you really wait for the good price and do not lost confidence on keeping the coin.

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October 04, 2018, 09:45:12 AM
 #173

In a few months, it would be ten years since the first transaction was made on the bitcoin blockchain by Satoshi Nakamoto (whoever he, she or they are). A decade down the road, bitcoin has grown in many aspects, adoption, value, circulation. And with just a couple of bitcoin yet to be mined, we are entering a new phase. And we might only have a few of the early adopters left in the bitcoin space, some bought a couple of pizzas and some cashed out during the series of pumps we have had over the years, some also panic sold during dumps.

What motivates you to Hodl?

Hodling or more conventionally put, long-term investment has always been a part of financial and commercial investments. And people were quick to identify the potential of profits in cryptocurrency due to the high volatility. And it was accepted it as a digital asset.

Hodling in such a space which is prone to wide sudden fluctuations is easier said than done. The emotional strain. One of my biggest motivation to Hodl is recognizing that bitcoin is not a pump and dump scheme, this for me is the most important motivation to hold. And you would be less bothered by intermittent value drops and rises.

If you are into bitcoin for the product and not profit, then you would be less interested in the profits and more interested in its increased adoption and application. Then you can view it as national currencies, which have value based on what it can purchase, but bitcoin has more applications as it is built on the blockchain technology.

Some can stay away from active participation, and it is possible to combine trading and hodling.

- A trader can also be a hodler. You have to set out your priorities and set aside a portion of your capital. If you're trading the same currency, (eg bitcoin), it would help to have a seperate wallet where you store you frozen assets and those available for trade.

Of course you should have disciplined yourself and learnt how to control your emotions and whims, otherwise you can't Hodl successfully.

What do you hope for the future?

This currency still has a long way to go, and of course we all look forward to a day where bitcoin would be an accepted global currency, that can be used to make purchases both online and offline. I lean more to online, as the world is going digital.

Increased adoption would also be helpful to governments and the citizenry, especially in developing countries, like Nigeria. And we are sure to discover other applications of the blockchain technology, as the qualities of transparency and decentralizatiom would be invaluable in those states.

What's your biggest fear?

Centralization. Bitcoin was created to be an alternative to the conventional banking sector. And to give it's users freedom and control, complete control. I fear a day where we would Los that control to governments and banks.
And I don't think global regulation is imperative for mass adoption.
The system was well designed to function without any control or supervision. And it's users need not to trust any human factor but the technology, the bitcoin technology.

my motivation is i believe that bitcoin and altcoin still have the opportunity to rise because many countries have used cryptocurrency. sooner or later all countries will legalize bitcoin and that will make prices rise.
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October 04, 2018, 09:47:43 AM
 #174

My main motivation is to see technology every year will continue to grow and I am sure that crypto will continue to grow in the future, I will continue to hold all the coins I have until the market will show the green light, I hope in 2019 it will rise again as in the year 2017 which shows that the price of bitcoin reaches $ 20,000. And hopefully in 2019 and onwards the price of bitcoin is more than $ 20,000 and Crypto is legalized throughout the country so that it can be accessed by all communities around the world.
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October 04, 2018, 09:50:36 AM
 #175

My motives to hold was i want to see the price of bitcoin will give a huge of value after so many days to come so that i can sell my bitcoin at the high price for more profit. Holding is the way of successful of patience or here in crypto you have been made.
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October 04, 2018, 09:52:03 AM
 #176

the only one reason why i motivate my self to hold is "crypto is the future". we all,see all the advantage of having crypto in our community. therefore as i thinking that sooner the whole world will use crypto and this is all investors waiting for at the beginning, hold until all people and governments use it, obviously the price of it will surly rise, expect the unexpected event.
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October 04, 2018, 10:01:32 AM
 #177

My motivation for HODL is I wanted to recover my loss which I have been facing it since from the beginning of this year. That's why I am not getting distracted because of the price. I am gonna holding my coins until I cover the loss and make some profit.

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October 04, 2018, 10:04:15 AM
 #178

The reason and my motivation to HODL is the history of bitcoin last year. The price of it went rocket to 20,000$ and I am assuming, hoping, and praying that it will go again like that. And also, my hodl motivation is my crypto enthusiast friend saying that bitcoin's price before this year ends will boom.

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October 04, 2018, 10:08:54 AM
 #179

In a few months, it would be ten years since the first transaction was made on the bitcoin blockchain by Satoshi Nakamoto (whoever he, she or they are). A decade down the road, bitcoin has grown in many aspects, adoption, value, circulation. And with just a couple of bitcoin yet to be mined, we are entering a new phase. And we might only have a few of the early adopters left in the bitcoin space, some bought a couple of pizzas and some cashed out during the series of pumps we have had over the years, some also panic sold during dumps.

What motivates you to Hodl?

Hodling or more conventionally put, long-term investment has always been a part of financial and commercial investments. And people were quick to identify the potential of profits in cryptocurrency due to the high volatility. And it was accepted it as a digital asset.

Hodling in such a space which is prone to wide sudden fluctuations is easier said than done. The emotional strain. One of my biggest motivation to Hodl is recognizing that bitcoin is not a pump and dump scheme, this for me is the most important motivation to hold. And you would be less bothered by intermittent value drops and rises.

If you are into bitcoin for the product and not profit, then you would be less interested in the profits and more interested in its increased adoption and application. Then you can view it as national currencies, which have value based on what it can purchase, but bitcoin has more applications as it is built on the blockchain technology.

Some can stay away from active participation, and it is possible to combine trading and hodling.

- A trader can also be a hodler. You have to set out your priorities and set aside a portion of your capital. If you're trading the same currency, (eg bitcoin), it would help to have a seperate wallet where you store you frozen assets and those available for trade.

Of course you should have disciplined yourself and learnt how to control your emotions and whims, otherwise you can't Hodl successfully.

What do you hope for the future?

This currency still has a long way to go, and of course we all look forward to a day where bitcoin would be an accepted global currency, that can be used to make purchases both online and offline. I lean more to online, as the world is going digital.

Increased adoption would also be helpful to governments and the citizenry, especially in developing countries, like Nigeria. And we are sure to discover other applications of the blockchain technology, as the qualities of transparency and decentralizatiom would be invaluable in those states.

What's your biggest fear?

Centralization. Bitcoin was created to be an alternative to the conventional banking sector. And to give it's users freedom and control, complete control. I fear a day where we would Los that control to governments and banks.
And I don't think global regulation is imperative for mass adoption.
The system was well designed to function without any control or supervision. And it's users need not to trust any human factor but the technology, the bitcoin technology.
Well, in General, it is a very good way to keep the coins to your advantage, but as in another way you can find yourself in a risky situation where you have to choose and one wrong choice can be a failure for you.
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October 04, 2018, 10:10:19 AM
 #180

i believe that hodling is for the patient people such that they can be patiently wait for something that has a potential to grow or increase a value, hodling can also say that you are engaging to a long term investments. And i believe that the main reason for motivation on hodling is the good quality of what you hodl. It's quality that has potential to develop and increases its price in the long run you can gain profit out from it.
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October 04, 2018, 10:29:32 AM
 #181

which makes me keep holding on to the assets that I have because I don't want to get a loss because it is too impatient to sell the assets that I have when panic will make me lose a lot.
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