HODL HODL HODL...AND BUY MORE

[btc78]

HODL usually means long term hold, what you are talking is a short term hold only that you can sell at a certain percentage.
What I know about HODL strategy is that we will hold until we see a big profit, like x10 or even x100 of return, this is possible as long as we hold longer.

And what income do you think is adequate for a distance of 10 years (for example)? And if we talk about 20 years? Obviously, few people are interested in earning at a distance of 100 years  Time = money. Hodl makes no guarantees and takes your liquidity right now and for years to come. You must agree that this strategy has flaws.

For someone buying 1 bitcoin in 2010 for few cents and selling it after 8 years for $18k per 1 BTC, this is incredibly good and worth to wait for.
I personally prefer to keep my tiny treasure in the corner and whenever its value spikes for +$100k I will sold it even after 30 years!

With that almost no value amount of capital and for 8 years of waiting earned $18,000?yeah that is more than enought for waiting.
but the problem now is the price of Bitcoin is 4-7k$ and that is not small money to invest and wait for another 8 years or more.but there is a chance also that the price that time will increase to 5 digits then who knows.
as i am also a Holder and can wait for years again.

[snipie]

And what income do you think is adequate for a distance of 10 years (for example)? And if we talk about 20 years? Obviously, few people are interested in earning at a distance of 100 years  Time = money. Hodl makes no guarantees and takes your liquidity right now and for years to come. You must agree that this strategy has flaws.

For someone buying 1 bitcoin in 2010 for few cents and selling it after 8 years for $18k per 1 BTC, this is incredibly good and worth to wait for. [1]
I personally prefer to keep my tiny treasure in the corner and whenever its value spikes for +$100k I will sold it even after 30 years! [2]

1.) This option is undoubtedly good, but what about those who bought bitcoin at 20k and still do not have the opportunity to even achieve breakeven?
2.) If you bought bitcoin at 7k and sold it after 30 years for 100k, then you should understand that the annual yield is about 4 percent. Not too high rate of return 

Well i meant by 30 years that i don't care how long it will take, i will just hodl and wait for the best opportunity to grab ma moneh
I am expecting good news after this halving, better to be no more of <$10k this year and catch back $20k

[Smitty Werben Man Jensen]

so 30 years is too long, probably within 10 years we can already see some great improvement.

i do not think that it will take ten years for BTC to see its potential, if it is going to surge, it will be in next two years, it was a cycle up to this point, it will probably be cycle after, but with smaller ups and downs
you can invest in short or long term, and long term could be investment for your children, does not have to be in your life span to spend it, you invest for greater good of your family, so even 100 years is not too long, if you think that way, it is if you want to make some bucks that you can spend tomorrow...

investing long term for now is the most frightening thing to do this year, it doesn't matter if you have accepted the risk, the risk this year is huge, you already know the price of Bitcoin has gone up by more than 5000% if calculated, if you invest long term, we don't know whether Bitcoin will be able to survive or not, Short Term is the right choice

[Eclipse26]

This is more likely to be done by investors whenever the market value is falling. But, there are still who are selling due to panic because recent decline in the market price is not expected and was something happened in a sudden, cutting the price to 50%. Many people sold their holdings due to the pandemic, which even made the price lower. Such thing cannot be blamed, because those who sold might be thinking of their priorities. They would rather fund their daily needs than to invest at this point because that is more necessary. So if you are not into their situation, choose to make use of this 'opportunity' to invest and earn profit once recovery occur.

so 30 years is too long, probably within 10 years we can already see some great improvement.

i do not think that it will take ten years for BTC to see its potential, if it is going to surge, it will be in next two years, it was a cycle up to this point, it will probably be cycle after, but with smaller ups and downs
you can invest in short or long term, and long term could be investment for your children, does not have to be in your life span to spend it, you invest for greater good of your family, so even 100 years is not too long, if you think that way, it is if you want to make some bucks that you can spend tomorrow...

investing long term for now is the most frightening thing to do this year, it doesn't matter if you have accepted the risk, the risk this year is huge, you already know the price of Bitcoin has gone up by more than 5000% if calculated, if you invest long term, we don't know whether Bitcoin will be able to survive or not, Short Term is the right choice

It is expected to survive. But it is true that we don't have assurance of such thing. A disaster could really make changes even in digital world. This is what we saw recently the pandemic did not directly affect the price of cryptos, but the actions of people towards the pandemic, reflected in ita price. As what I have said many people sold their holdings to prioritize their daily needs. And if nothing would change , things could be worse to both online and real economic situation.

[Naida_BR]

Due to coronavirus it seems that we are going to endure a global recession in the near future.
The value of fiat money is going to be inflated so it is a good chance of buying more crypto, HODLing them and then selling at a higher price when fiat is going to be dropped.

Lol, you need to learn and understand basic economics before you starting talking and make yourself look like a fool. When inflation will start, the price of bitcoin will be higher, that is you will be able to buy lower amount of coins with money compared to the amount of coins you could have bought with the same amount of money. Though the value of the coins have increased, the difference won't be much. You won't get richer. Since, with the increase of the price of bitcoin, the price of the goods and services will also increase drastically. The amount of things you could buy with bitcoin would actually be less due to this inflation.

Maybe you have to learn how to read english and then start writing.
I wrote the same thing as you did. I didn't say that Bitcoin price is going to be lower when inflation is going to start running. I was talking about fiat currencies.

[TheAndy500]

Due to coronavirus it seems that we are going to endure a global recession in the near future.
The value of fiat money is going to be inflated so it is a good chance of buying more crypto, HODLing them and then selling at a higher price when fiat is going to be dropped.

Lol, you need to learn and understand basic economics before you starting talking and make yourself look like a fool. When inflation will start, the price of bitcoin will be higher, that is you will be able to buy lower amount of coins with money compared to the amount of coins you could have bought with the same amount of money. Though the value of the coins have increased, the difference won't be much. You won't get richer. Since, with the increase of the price of bitcoin, the price of the goods and services will also increase drastically. The amount of things you could buy with bitcoin would actually be less due to this inflation.

Maybe you have to learn how to read english and then start writing.
I wrote the same thing as you did. I didn't say that Bitcoin price is going to be lower when inflation is going to start running. I was talking about fiat currencies.

I saw a report of several banks on the use of payment cards earlier this year. Industries such as restaurants, hotels, holidays, entertainment, education and beauty services have suffered the most, and bank customers have spent more than 80% less than before the spread of coronavirus. Let's hope that the situation will be quickly controlled, because with such a large drop in spending money on these industries, probably half little companies will be at risk of bankruptcy.

[KTChampions]

1.) This option is undoubtedly good, but what about those who bought bitcoin at 20k and still do not have the opportunity to even achieve breakeven?
2.) If you bought bitcoin at 7k and sold it after 30 years for 100k, then you should understand that the annual yield is about 4 percent. Not too high rate of return 

Well i meant by 30 years that i don't care how long it will take, i will just hodl and wait for the best opportunity to grab ma moneh
I am expecting good news after this halving, better to be no more of <$10k this year and catch back $20k

Hodl contradicts the use of bitcoin for utilitarian purposes (a means of paying), right? Do you think that such a strategy also has disadvantages for bitcoin? People are starting to use another crypto for payments and this crypto is gradually replacing bitcoin (or at least has a chance to do it).

[TheAndy500]

1.) This option is undoubtedly good, but what about those who bought bitcoin at 20k and still do not have the opportunity to even achieve breakeven?
2.) If you bought bitcoin at 7k and sold it after 30 years for 100k, then you should understand that the annual yield is about 4 percent. Not too high rate of return 

Well i meant by 30 years that i don't care how long it will take, i will just hodl and wait for the best opportunity to grab ma moneh
I am expecting good news after this halving, better to be no more of <$10k this year and catch back $20k

Hodl contradicts the use of bitcoin for utilitarian purposes (a means of paying), right? Do you think that such a strategy also has disadvantages for bitcoin? People are starting to use another crypto for payments and this crypto is gradually replacing bitcoin (or at least has a chance to do it).

Despite the fact that a lot of people use other coins, Bitcoin is still the most adopted cryptocurrency and will be so for a very long time. In my opinion, Ethereum has a chance to strengthen and try to catch up with Bitcoin when it comes to adoption, because it is much cheaper and much faster at the moment. However, Bitcoin is still mainly an investment and not a payment instrument and until it changes, the market will be very volatile. In my opinion, this will happen sooner or later, but I do not know whether in 10 or in 30 years. Until this happens, we can only speculate about its price.

[Questat]

HODL usually means long term hold, what you are talking is a short term hold only that you can sell at a certain percentage.
What I know about HODL strategy is that we will hold until we see a big profit, like x10 or even x100 of return, this is possible as long as we hold longer.

And what income do you think is adequate for a distance of 10 years (for example)? And if we talk about 20 years? Obviously, few people are interested in earning at a distance of 100 years  Time = money. Hodl makes no guarantees and takes your liquidity right now and for years to come. You must agree that this strategy has flaws.

For someone buying 1 bitcoin in 2010 for few cents and selling it after 8 years for $18k per 1 BTC, this is incredibly good and worth to wait for.
I personally prefer to keep my tiny treasure in the corner and whenever its value spikes for +$100k I will sold it even after 30 years!

As a holder, we never know when the price will strike so we have to be hold longer, holding 10 years or more does not guarantee the price will grow as expected, therefore we should also be ready if things happen that is out of our expectation. It's a gamble but at least you'll not lose fully your money since bitcoin continues to have a value as this would stay as adoption increases overtime.

[Quidat]

HODL usually means long term hold, what you are talking is a short term hold only that you can sell at a certain percentage.
What I know about HODL strategy is that we will hold until we see a big profit, like x10 or even x100 of return, this is possible as long as we hold longer.

And what income do you think is adequate for a distance of 10 years (for example)? And if we talk about 20 years? Obviously, few people are interested in earning at a distance of 100 years  Time = money. Hodl makes no guarantees and takes your liquidity right now and for years to come. You must agree that this strategy has flaws.

For someone buying 1 bitcoin in 2010 for few cents and selling it after 8 years for $18k per 1 BTC, this is incredibly good and worth to wait for.
I personally prefer to keep my tiny treasure in the corner and whenever its value spikes for +$100k I will sold it even after 30 years!

As a holder, we never know when the price will strike so we have to be hold longer, holding 10 years or more does not guarantee the price will grow as expected, therefore we should also be ready if things happen that is out of our expectation. It's a gamble but at least you'll not lose fully your money since bitcoin continues to have a value as this would stay as adoption increases overtime.

Each person do have their own targets in life and as a hodler then that means holding for how many years no matter what the price condition of the market.
We know that it isnt easy yet everytime we do saw the current market condition specially on high volatility specially on the bearish side will surely affect your emotion
which resisting on panic selling is really hard and only a few can withstand such situation.

Buying more is really like a gamble because nothing is certain when it comes to future talks but if you wont take a risk then theres no chance for you
to make profits.So its a matter of choice..

[Hamich124D]

Yeah thats the spirit keem HODDDLing people, Btc to the moooon

[Viscore]

so 30 years is too long, probably within 10 years we can already see some great improvement.

i do not think that it will take ten years for BTC to see its potential, if it is going to surge, it will be in next two years, it was a cycle up to this point, it will probably be cycle after, but with smaller ups and downs
you can invest in short or long term, and long term could be investment for your children, does not have to be in your life span to spend it, you invest for greater good of your family, so even 100 years is not too long, if you think that way, it is if you want to make some bucks that you can spend tomorrow...

This would be a never ending debate when not anyone of us here are certain of the future. I oppose to the post that 30 years is too long so I lower it to 10 years because I think within 10 years from now we can already see a major improvement, so if it comes earlier, we can surely celebrate that if we are holding.

[TitanGEL]

Due to coronavirus it seems that we are going to endure a global recession in the near future.
The value of fiat money is going to be inflated so it is a good chance of buying more crypto, HODLing them and then selling at a higher price when fiat is going to be dropped.

Lol, you need to learn and understand basic economics before you starting talking and make yourself look like a fool. When inflation will start, the price of bitcoin will be higher, that is you will be able to buy lower amount of coins with money compared to the amount of coins you could have bought with the same amount of money. Though the value of the coins have increased, the difference won't be much. You won't get richer. Since, with the increase of the price of bitcoin, the price of the goods and services will also increase drastically. The amount of things you could buy with bitcoin would actually be less due to this inflation.

Mastering the basics will give as glimpse on what is the best decision that we can make. People are talking about holding but the reality is they do not fully understand its execution, the criteria and its meaning. It is really better if we will suggest others to hold, we should first know how it works because we are becoming an ignorant person. I do not hold in bearish market due to the declining of the price, I only do holding when the trend is in bullish.

[snipie]

HODL usually means long term hold, what you are talking is a short term hold only that you can sell at a certain percentage.
What I know about HODL strategy is that we will hold until we see a big profit, like x10 or even x100 of return, this is possible as long as we hold longer.

And what income do you think is adequate for a distance of 10 years (for example)? And if we talk about 20 years? Obviously, few people are interested in earning at a distance of 100 years  Time = money. Hodl makes no guarantees and takes your liquidity right now and for years to come. You must agree that this strategy has flaws.

For someone buying 1 bitcoin in 2010 for few cents and selling it after 8 years for $18k per 1 BTC, this is incredibly good and worth to wait for.
I personally prefer to keep my tiny treasure in the corner and whenever its value spikes for +$100k I will sold it even after 30 years!

As a holder, we never know when the price will strike so we have to be hold longer, holding 10 years or more does not guarantee the price will grow as expected, therefore we should also be ready if things happen that is out of our expectation. It's a gamble but at least you'll not lose fully your money since bitcoin continues to have a value as this would stay as adoption increases overtime.

True.
Let's say i have an amount of bitcoin which is 100%. I will not hold it all for 10 years or more. I will keep a part of it which may be 90%, 5% will be used whenever necessary to buy something or to trade, the remaining will be a reserve whenever the first 5% is no more.
Of course this strategy doesn't guarantee anything, it is gambling like the first adopters believed in bitcoin and adopted it

[Finestream]

Mastering the basics will give as glimpse on what is the best decision that we can make. People are talking about holding but the reality is they do not fully understand its execution, the criteria and its meaning.

That is somehow true as some investors are just holding blindly, but sometimes doing it could result to a potential big profit.
Let's just say a person both bitcoin at $1 and he was just told to hold until it will reach $1,000 and he just followed it blindly, then he made a lot of money.
For us who understand how risky and volatile bitcoin is might have sold when bitcoin rise x10, so we are less profitable..

[KTChampions]

Hodl contradicts the use of bitcoin for utilitarian purposes (a means of paying), right? Do you think that such a strategy also has disadvantages for bitcoin? People are starting to use another crypto for payments and this crypto is gradually replacing bitcoin (or at least has a chance to do it).

Despite the fact that a lot of people use other coins, Bitcoin is still the most adopted cryptocurrency and will be so for a very long time. In my opinion, Ethereum has a chance to strengthen and try to catch up with Bitcoin when it comes to adoption, because it is much cheaper and much faster at the moment. However, Bitcoin is still mainly an investment and not a payment instrument [1] and until it changes, the market will be very volatile. In my opinion, this will happen sooner or later, but I do not know whether in 10 or in 30 years. [2] Until this happens, we can only speculate about its price.

1.) Bitcoin became an investment tool because it was very good as a payment tool. Now everything can go in the opposite direction.
2.) In the modern world, everything happens much faster. Over the past 3 years, crypto has changed very much and we can say that more than one "era" has changed. Therefore, if bitcoin wants to match the pace of time, it must accelerate.

[STT]

Its far more effective to know the lows to buy and hold then the highs, thats the point to identifying any pattern for peaks and troughs to the price but I too often fail to exit on cue in order to rebuy so its easier said then done.  I agree with the overall idea of buying into the long term so long as you can maintain the confidence over a number of years.   I seen quite a few have the idea to buy BTC but not realise it can move far more then they initially realised and also not recognise it can register waves that take a few years to play out.   I've been convinced this year would be in revision mostly more then raise us further then we had already moved in 2019, not exactly negative just not the grand prize some had hoped.  

[Mahanton]

Its far more effective to know the lows to buy and hold then the highs, thats the point to identifying any pattern for peaks and troughs to the price but I too often fail to exit on cue in order to rebuy so its easier said then done.  I agree with the overall idea of buying into the long term so long as you can maintain the confidence over a number of years.   I seen quite a few have the idea to buy BTC but not realise it can move far more then they initially realised and also not recognise it can register waves that take a few years to play out.   I've been convinced this year would be in revision mostly more then raise us further then we had already moved in 2019, not exactly negative just not the grand prize some had hoped.  

It wont really be that easy and we've been committing the same mistakes all over again and again due to unpredictable market thats why
some people do consider out on simply hold rather than on actively trading on it.Hodling is good but not all would really have that kind
of patience to hold their coins for years or longer durations and if we do compare the profits then it wont really be the same
compared to those who actively trade.It's more risky but yet rewarding if you done it well.

[Dr.Osh]

Its far more effective to know the lows to buy and hold then the highs, thats the point to identifying any pattern for peaks and troughs to the price but I too often fail to exit on cue in order to rebuy so its easier said then done.  I agree with the overall idea of buying into the long term so long as you can maintain the confidence over a number of years.   I seen quite a few have the idea to buy BTC but not realise it can move far more then they initially realised and also not recognise it can register waves that take a few years to play out.   I've been convinced this year would be in revision mostly more then raise us further then we had already moved in 2019, not exactly negative just not the grand prize some had hoped.  

I also think that it is still too soon to sell the assets we have, moreover halving will occur. I think that the right time to sell assets is later this year. we can see the development of bitcoin after halving occurs. Even though I need money, I think that holding assets now is the best

[jhonjhon]

Maybe they are...and it supposed to happen. But unfortunately, it wasn't a perfect time for me. And it was just a HOLD HOLD HOLD and buy more later.
I know buying could be the best option to take as the market still at dip but have nothing more important today is having money in reserve as the crisis continues.
But anyway, the market won't go that straight high for sure and I can still catch the train in the coming days before Bullrun will strat.