Smart hodling vs just hodling

[sana54210]

I invested in bitcoin the second time before the value surged in April, and as a believer of bitcoin, my ultimate goal is to be among people that will withdraw their investment when bitcoin reaches another new ATH, and I know completely well that prior to that, there is going to be lots of corrections.

This bitcoin investment is not a Ponzi market where there are no external influences controlling it like Ponzi that is strictly being controlled internally, and having known this, I expect that we will always have volatility before the price shoots up to its peak, this is one of the days that I have prepared for, and it really does not pain me when I see this because I know and believe that the value is still coming to that expectation of mine as a long term investor of bitcoin.

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[error08]

Indeed, just holding while watching bitcoin price spike but then plummet is pretty poor strategies that really push my patience without getting a piece of cake in the event.
Most people aren't good traders to navigate in this volatile cryptocurrency market, so smart holding compliments between just holding and active trading to increase my bitcoin holdings and prevent panic selling in bear market. Recently, sold at $8,400 and buyback at $7,800 makes me feel good.

[buwaytress]

Indeed, just holding while watching bitcoin price spike but then plummet is pretty poor strategies that really push my patience without getting a piece of cake in the event.
Most people aren't good traders to navigate in this volatile cryptocurrency market, so smart holding compliments between just holding and active trading to increase my bitcoin holdings and prevent panic selling in bear market. Recently, sold at $8,400 and buyback at $7,800 makes me feel good.

Most traders aren't good traders. They won't even tell you that because that's their rice bowl. I've validated this myself plenty of times. Whale channels. Minnow channels. Shark groups. Paid and free. Public, private, exclusive. I've had more than my share to satisfy my curiosity and they're all really, in objectiveness. Not very good.

Says a lot when even the most famous funds shrank in the bear. Results would have been very similar to just buying bitcoin at dollar cost average over time.

[yangongear]

I used to experience that feeling when I bought BTC at $ 2k8 in 2017 when it went up to $ 4k I sold when it was profitable, but it continued raising to $ 19k in December 2017.

I remember that very well. People were calling the top at every round price level ($3k, $4k, $5k and so on), but they ended up seeing the price go up much further for the rest of the year. It must have felt bad after having sold so low.

The funny thing is that people did the same on the way down, where each round price level was said to be the bottom.... reality was that we didn't bottom out until we nearly hit the $3k mark, where people then expected even lower levels.

That perfectly shows how irrational the crypto market really is. It goes up and down well beyond what people consider over/undervalued. Never underestimate the risk of investing in crypto.

Yes, same for me. When BTC falled down to $ 3k, almost newspapers wrote the article about the $ 1k, or event few hundred dollars of BTC price, and we was wait for that possible price level, but it was not happen. We need confidence, and lucky to become a "smart holder".

[EdenHazard]

With that in mind, the smarter way to hold bitcoin is to sell it when prices start going down, only to re-buy a larger quantity when prices stabilize at a lower range. Then, with the same capital, you increase your bitcoin holding every time prices drop.

The problem is, not all of us here have ability to do that, I mean who can make a decision about when prices have decreased to sell, and when prices have stabilized and can be bought. I used to experience that feeling when I bought BTC at $ 2k8 in 2017 when it went up to $ 4k I sold when it was profitable, but it continued raising to $ 19k in December 2017.

Then you should make a buyback at some point between those spiking periods $4k to $19k instead shocking and watching it continue skyrocketing, that's your problem .
I personally always positioned myself in two sides ... one to hoodling foreeevah and the other to buy more in case it's crashed just like the recent situation.

So you'll always be in good situation no matter it's falling down ... cause you can load up your bags with more coins , or skyrocketing to the moon as you have quite a lot coin savings !
Sounds fair? That's what I'm doing.

[WatchMaker]

I'm actually doing smart HODLing, HODLing for profits, not just HODLing either in loss or profit. I stick with old crypto saying, buy low and sell high. I don't just buy bitcoin at any price but my price. I do actually have a bitcoin buying price which is $4,000 to $5,000 and sell whenever the price gets over $12,000 to get more profits, of course.     

[huige007]

With that in mind, the smarter way to hold bitcoin is to sell it when prices start going down, only to re-buy a larger quantity when prices stabilize at a lower range. Then, with the same capital, you increase your bitcoin holding every time prices drop.

The problem is, not all of us here have ability to do that, I mean who can make a decision about when prices have decreased to sell, and when prices have stabilized and can be bought. I used to experience that feeling when I bought BTC at $ 2k8 in 2017 when it went up to $ 4k I sold when it was profitable, but it continued raising to $ 19k in December 2017.

As far as bitcoin is concerned, this is the right time to let bitcoin hibernate as much as it wants. Circumstances are good for investors but not for withdrawers. Bitcoin is giving some serious vibes about gathering energy for a leap to moon and we all bitcoiners shall give it the time it needs. In short, holding bitcoin is best way to deal with dip.

[nelson4lov]

The problem is, not all of us here have ability to do that, I mean who can make a decision about when prices have decreased to sell, and when prices have stabilized and can be bought. I used to experience that feeling when I bought BTC at $ 2k8 in 2017 when it went up to $ 4k I sold when it was profitable, but it continued raising to $ 19k in December 2017.

You see, That's the problem. OP's strategy might be working but you should know that no strategy will work 100% of time. But I love his strategy. You just sell at a higher low and buy back and a lower low. Then small recovery and boom, You're in profits. But then, what if your predictions are wrong This time and it was a shakeout.

As far as bitcoin is concerned, this is the right time to let bitcoin hibernate as much as it wants. Circumstances are good for investors but not for withdrawers. Bitcoin is giving some serious vibes about gathering energy for a leap to moon and we all bitcoiners shall give it the time it needs. In short, holding bitcoin is best way to deal with dip.

What are you even saying..., "Holding Bitcoin is the best way to deal with dip" I'm sure you're aware that If you're holding bitcoin and the value of bitcoin drops, You should be in pains already. You'll feel a whole lot better if you had sold just before the dump and buyback when the price hit the not or near bottom just like op saud.

[Superalgos]

The problem is, not all of us here have ability to do that, I mean who can make a decision about when prices have decreased to sell, and when prices have stabilized and can be bought. I used to experience that feeling when I bought BTC at $ 2k8 in 2017 when it went up to $ 4k I sold when it was profitable, but it continued raising to $ 19k in December 2017.

You see, That's the problem. OP's strategy might be working but you should know that no strategy will work 100% of time. But I love his strategy. You just sell at a higher low and buy back and a lower low. Then small recovery and boom, You're in profits. But then, what if your predictions are wrong This time and it was a shakeout.

It's a reasonable worry, for sure. That is why its very important that you approach trading in a very structured manner. You need a strategy that has been thoroughly backtestested and forward tested, with a very good hit ratio. That minimizes risks of failed trades, which will happen once in a while, but if your hit ratio is good, the fails will produce insignificant loses compared to the wins you get. On the latest bitcoin drop (Sep 24th), I closed a trade with 26% profit in BTC. Sold BTC at around 10,300 on September 6th (when my strategy signaled the sale) on took profit on the 24th, when the price dipped to current 8k levels. By the way, my strategy is open-source, so anyone may use it You can find it here: https://github.com/Superalgos/Strategy-BTC-WeakHandsBuster

[TriplexXx]

For me, I only HODL crypto when the market is bullish, not bearish. therefore, I consider my strategy as a smart HODLing, not just a typical HODLer. I figured HODLing crypto is only profitable when there is a market bull run. so why HODL crypto when the market is bearish and people are losing money?

[jakoylantern]

For me, it's much better in smart holding because you can execute well your calculation, analyzed, price range, because if the price increase and reach your sufficient amount, you will gain money, and do another calculation. Even if the price still increases, you will also have some profits. But it depends on the ppl which one there will choose because you know your capability and you do your own calculations, analyze, etc.

[shield132]

In overall for great and less risky profit, you have to hodl but at the same time there are some things to consider to make your profit even more amazing.
For example imagine price of bitcoin was 10k $ and you bought at that time. Price went down to 9K, then up to 10k again, then 11k, then boom, 13K. I think at the moment it's better to sell them on 13K because there is still high possibility of price fall and usually that happens after such rise. Now let's imagine logically it would happen like price fall on 11k (but you sold it on 13k so have more usd). Buy again on 11K, maybe it will fall on 9k for example but now is the moment where you have to hold for a long time and sell on 12k and higher to achieve better profit and repeat same action again when there is really good time for that.

[jostorres]

For me, I only HODL crypto when the market is bullish, not bearish. therefore, I consider my strategy as a smart HODLing, not just a typical HODLer. I figured HODLing crypto is only profitable when there is a market bull run. so why HODL crypto when the market is bearish and people are losing money?

During bearish time, people are able to buy those coins at a very cheaper rate, and you know that bull trend does not announce, when bitcoin climbed from $4k to $5k in April, you know that it took just a very short period of time, and before people could even get the chance to know about it in the news, majority had already lost out of buying  at $4k, so they had to start investing from $6k when they had to wait to see if it was not a fake bull run.

We can see how those who had bought at $3k when the market was bearish made so much profit, so I think people that even bought in a bearish market are the ones that will really have more profit than people that waits for bullish trend to start before investing in the coin, except maybe the person is very skilled in making analysis to quickly know.

[Superalgos]

we can use a smart holding strategy, that is, by holding, but by trading a part of the BTC we have, if we only wait for silence until the price of bitcoin rises. I think it will be too risky and boring. so the best step is to wait and do a little bit of trading

It's always sane to trade a fraction of your capital, so you are right in that, for sure...

[Best Dreams]

For me, I only HODL crypto when the market is bullish, not bearish. therefore, I consider my strategy as a smart HODLing, not just a typical HODLer. I figured HODLing crypto is only profitable when there is a market bull run. so why HODL crypto when the market is bearish and people are losing money?

I would only say that you are not holding smartly but you are making a plan to lose your money I know in crypto in bullish we will have to sell and in bearish we will have to hold. So you are not doing anything but you are only losing the chance to gain profit. In trading, we have chances to earn but instead of losing opportunity it’s much better to sell at bullish.

[stadus]

I'm confident I've made the right decision to hold my bitcoin for long term and I consider this smart holding.

My regret maybe was holding a lot of altcoins that I thought would make a difference in the future as during the time I buy them, they look really promising but because the market in general especially for the altcoins is full of scams, that's why I have become a bag holders for some worthless coins now.

[teosanru]

I think smart holding is much better than just HODLing it's because a fool who would have just HODLed would have just bought down at 6k and even kept it holding until now. when the price is 8.5k. While a smart holder would have bought at 6 k and then would have sold it at 19k and then would have brought it again at 3.5k and would be still in a position now. This way a holder would have earned much more profits just by playing the market a bit intelligently. It's not playing against BTC it's just playing an intelligent game.

[supercanada1]

In overall for great and less risky profit, you have to hodl but at the same time there are some things to consider to make your profit even more amazing.
For example imagine price of bitcoin was 10k $ and you bought at that time. Price went down to 9K, then up to 10k again, then 11k, then boom, 13K. I think at the moment it's better to sell them on 13K because there is still high possibility of price fall and usually that happens after such rise. Now let's imagine logically it would happen like price fall on 11k (but you sold it on 13k so have more usd). Buy again on 11K, maybe it will fall on 9k for example but now is the moment where you have to hold for a long time and sell on 12k and higher to achieve better profit and repeat same action again when there is really good time for that.

Usually all successful investors are the ones who hold bitcoin during dumps and cash them out during pumps. Smart holding works when we have some expensive crypto currency in our wallets and the market is not giving you your desired products. I am never ever going to suggest anyone selling bitcoin during dumps. Let it hibernate in wallets.

[radjie]

of course I have my own strategy for utilizing the bitcoin that I have and not just being a regular holder. take advantage of any situation by having a definite plan to be able to always make a profit and know when to sell when prices move up and take advantage of making purchases when the market price is at its lowest point

[Capt00]

In my own understanding, smart holding is when you have an amount of bitcoin in you possession that you are holding for the bull run but at the same time you are doing something with your coins to increase the amount of cpins that you own, in short, it like proper handling or managing your coins that can give you profits while waiting for the bull run. Holding on the other hand, is just a literal way of holding or keeping your coins in once place but not doing anything or not scalping something to increase you  holdings.