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Author Topic: Your HODL motivation  (Read 776 times)
inanilujimi
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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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