Too much HODLing stealing opportunities?

[Stedsm]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

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[harizen]

In most cases, even the price target has already reached when to sold, there's a hesitation if they will execute their sell mode now since they are anticipating that price will still increase more due to a strong and positive upward trend. There's always a quote saying, "why should I sell when the price is increasing".

And let's say, the other way around happened, which is the price went down instead, there's still in their mindset that it's just a usual correction and when settled, price will have some boost later.

Taking from your example, that kind of mindset affects their decision so instead of doing something, they just watch instead what happened from $15,000 to $3,000.

[Lanatsa]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

You cant blame them off yet you aren't into their situation specially if they hold lots of bitcoin or alts into their stash.We can say that holding too much does really give out that mistake yet
if we do think up sensibly we do really miss out lots of opportunities to make money but due to hope and believe on the project they do rather choose to standby and didn't sell off inspite of the
best spot or ATH. Its their money after all therefore they do have the full rights on what they do gonna do but we are sure that they do really have those regrets when they do
realize that they should at least consider selling that time and make tons of profits.

[sheenshane]

For noobs? You're calling noobs who use this term HODLing? Cap wearers on WO thread are almost using this term, I don't think they are noobs. In fact, they are good at predicting and showing technical analysis.

Each Bitcoin holders or HODLers have a different perspective of having insight into taking a profit. If you are a panic seller during crash, you're not a real crypto enthusiast. Too much hold will depend on you, of course, you will also monitor the market while holding your Bitcoin and wait for the most anticipated event when bullish trend comes. You probably dumb if you sell under the price you have bought Bitcoin.

Having a wise decision is a part of this game since Bitcoin is unpredictable the price, you should know the right timing of selling your crypto asset, nor you might have a loss.

[GreatArkansas]

We don't know what will happen, you can't tell those numbers when we haven't yet experienced or reach those.
It's really difficult. Compare to me, when I first bought my Bitcoin I am hoping a very huge returns or hold it for a long time to reserve for my next generation. Owning Bitcoin makes me proud, even no one knows I am holding some.
But what I treat on my Bitcoin bought on different prices are kinda my emergency funds, if ever there are some urgent needs or whatever happens, I have my Bitcoin and use it.

[Yogee]

The thinking is different when you bought at $500 and when you bought at $20K. Someone who bought at $500 is more relaxed since he is still up even if the market crashed to $3K. Someone who bought at $20K would have sold a long time ago to cut losses. It's actually easy to say things in hindsight but the situation is different when you're in that moment.  

It's true that they could have increased their bags if they sold at ATH or near it then bought back at dips but, like you said, they have a specific target and more likely a different strategy. Maybe they just kept on buying and buying while btc is crashing to further increase their bags rather than playing the trading game which they're not so good at. Dollar cost averaging is a common strategy for long term holders. They can be noobs at reading charts and price movements but can still be good at analyzing fundamentals.

[mk4]

Hindsight is 20-20.

It's pretty easy to say stuff like "I should've sold here" and "I should've bought here" when we can already see what happened to the price. But the thing is, who knew that the $15k price was already near peak, and who knew that it would drop down as low as $3k?

Yes, buying and selling at certain price points could earn you more money or multiple your bitcoin; but take note that this is completely assuming that you can actually make the right trades, in which, most people can't and are better off just holding through the ups and downs.

[cryptoaddictchie]

Thats fine if you had a crystal ball. Even the crash on 3k is so unexpected, I mean the market will crash due to the covid situation during that time but the rate of speed on how it goes down is really you know unbelievable. Its like it happened in a split seconds, you just wake up then its swimming now on reddish pool.

I also regret not selling all my valuable tokens last bull run and some become useless now due to my greed of maybe it would increase more. Lesson learned really happened in the end when its already too late.

[maydna]

First, we have a different target price sell, so when we want to sell bitcoin, we need a reason why we sell at one price. The problem here is many people are greedy when the price can touch $15k, and they prefer to wait for another highest price. So many of them still hold bitcoin even if the price already touches $15k.

If you see the price can increase so high, higher than the price you buy, that will be your chance to sell bitcoin while you can wait for another correction that will happen soon after the high peak. If you can buy bitcoin at $3k, you can make a target price sell at $10k and sell it right away when the price touch that target price. You don't need to be sad if suddenly, the price can increase more than that because when the price makes a correction, you can buy more bitcoin with the profit that you already have. You will get more amount of bitcoin that you sell before, so you can have more chances to sell it for another highest price.

But yes, perhaps, too much holding can steal the opportunity to make more profit, so we need to take the profit while we can.

[feitannnnnnn]

For noobs? You're calling noobs who use this term HODLing? Cap wearers on WO thread are almost using this term, I don't think they are noobs. In fact, they are good at predicting and showing technical analysis.

I think what he means is that, for people who doesn't know, or newbie, what the term HODling stands for. Its just that a misuse of words which can we say part of him. But for me, I understand what he means for that.

And I also agree that they are good at predicting, maybe just that they are thinking that it may rise again after the crash.

[semobo]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

HODLing is the the term used for the real bitcoin ethusiast as well, they will keep holding their bitcoin no matter where the price goes to.Apart from this can be used for the long term investor and if they are not selling for such returns then they may lose their opportunity but they expect the prices to keep increasing all the way when they are feeling bullish for long term.

[mk4]

I also regret not selling all my valuable tokens last bull run and some become useless now due to my greed of maybe it would increase more. Lesson learned really happened in the end when its already too late.

Look at the bright side here, you actually learned your lesson! Meanwhile some people still tightly hold some tokens and altcoins in general that are still up to this day continuing to go down in value.

[Lucius]

Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

That’s actually a good question, and I’ve asked it to myself many times. The question is whether one should seize the opportunity when ATH happens and sell at least part of it, or one should simply ignore the possibility of profit?

I have written something on this topic before, and let's say that now I think I made a mistake at the end of 2017 that I did not sell at least 1 BTC. The reason is of course that after ATH there is always a correction, and in less than a year for 1 sold BTC you could buy 6+ BTC. If you look back at say 2015 when BTC was only worth $200 and 2017 when it was worth almost $20 000 smart players could do this :

- buy 1 BTC for $200 in 2015
- sell 1 BTC for $20 000 in 2017
- buy 6+ BTC for $20 000 in 2018
- holding 6 BTC worth $60 000 today

Not bad if you look at the initial investment and only the 5 years it took to make it happen. So I agree that just holding is not the smartest thing, but that smart selling can be very profitable.

[joniboini]

I agree that smart selling is better than holding, but you can get rekt trying to find where to exit and where to rebuy. Like what has been mentioned already, it's easy when you already see it happens and said "oh this is a good exit" and "look like this is the right time to rebuy". Most OGs would probably never executed that perfectly and will only have targets like sell 5% if it reach 9K, sell another if it reach 12k, wait for a dip to 9k, if it dips more buy again at 6k, etc etc. But they still lose a bit to average down.

This is closely related to exit strategies too. I personally would keep 50% of my holding and just wait and see where it will years later (since I already made profits from it). Either I become a billionaire or it will worth nothing at all.

[davis196]

This is a rhetorical question.Of course that the hardcore HODLers are wasting opportunities by refusing to buy and sell at the right time.However,many people are scared to take that risk,so they choose the safest bet-to HODL as long as possible,waiting for the new ATH(which might never come).
It is proven that more than 96% of the forex/crypto traders lose more money that they make,so maybe HODLing your Bitcoins and waiting isn't a bad move,even though it's annoying,when the price goes down.

[maxreish]

Those noobs you are talking are the ones who actually gained more because they tend to hold bitcoin for a long time which means they probably sell it in a high price. I mean, who will gonna sell bitcoin in deficit price? Except those who are in a desperate need of something. But when we say long term holding, we tend to set sell price, our goal here is to acquire profit even we wait for a long time. We are waiting for the good opportunity to sell off our bitcoin in a good price.
 
 However, maximizing our time with a good management of bitcoin holding is hard to achieve. We need patience, good timing to sell and to buy. Good technical analysis. And it will just steal some opportunity if one long term holder doesn't have a good management plan.

[Assface16678]

Still, not all the time holding is one of the most efficient things you could do because you miss some opportunities.

Base on my experience I bought a coin when the lowest market price of the coin and wait for the right time and after the market price of the coin goes up into the 11k market I still holding my coin because I just think there is a chance to make another profit and pump into 15k mark and now it's already falling down into 10k.

Some things getting greedy makes you a lot of trouble than playing safe still it depends on you how you handle because for me if you already earn profit why not pull it out.

[Botnake]

Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

It depends on your target, opportunity means you already hit the target since we are talking of "HODL" which is for long term investment. The reason why we are holding for long term is to gain more profit, so selling when target is not hit yet despite low profit is not something that would satisfy the holders. I know what you are trying to say, but that's how it is, if we aim high, then we should be more patient and believe that bitcoin will rise.

Honestly, it takes a lot of discipline to do these things properly as we never know what lies ahead, but if we don't make things complicated and we stick with our target, we would be so successful and we not experience a stressful life since we don't decide by our emotion.

[Wexnident]

We each have our own plans, and most cases, as you said, people have a certain "goal" to reach before grabbing the opportunity. But here's the thing, what if their goal wasn't $15k? Wasn't $20k? Then their choice would be completely understandable. Even if you did say that they could've been satisfied with the 30x return, you're not them, so they may not actually be satisfied at all with that goal.

That, and another reason would probably be greed. People are pretty greedy, sometimes price has reached their set goal but they see that it still actually grows, what do you think they would do? Ofc, adjust their goal, thinking that they can still "profit" more off of Bitcoin. Well, time will tell whether they're decision is actually good or not, and besides, they've hodl it for more than a few years, another few or more probably wouldn't hurt their pockets that much.

[Harlot]

Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

Yeah this is true and the problem here is most newbies in the market who have these kinds of situation where they can profit from it are almost always don't know what to do with it. I don't know if they are striving for a more bigger price or they just waiting for something but generally they are just relax while the price is climbing as they think it won't stop going up. But all of this would change once they see that big long red candle and everyone is starting to panic. That's how majority of  the new traders act, they lack the ability to push that sell button and just continue to hodl it.

[militiariko]

I think one of the core problems with hodling is that most investors and traders basically hodl based on faith and hopes rather than based on pure and raw facts. Related to stealing opportunites i want to disagree. Hodling doesnot steal opportunities off traders or investors, if you hodl for a year, i can categorically state that you would have 2 - 5 opportunities to take profits but most hodlers neglect this opportunities.

For you to hodl successfully, you must be a strategic crypto currency hodler.

[Bttzed03]

I gotta admit that I was a noob back then for holding on too long on most of my tokens. I was so pumped that they would go even higher even after they already hit $1 per token and they're just airdrops. So yes, too much holding could steal opportunities from earning more.

I think one of the core problems with hodling is that most investors and traders basically hodl based on faith and hopes rather than based on pure and raw facts.

I agree with hodling based on blind faith and hope. It happened to me during 2017 and early 2018. These "pure and raw facts" are relative though. The market keeps changing and there are many instances of false breakouts.

[ScamViruS]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

Those who hold Bitcoin for longterm do not see the market price in this way. Because their Bitcoin is not for sale, they will sell their Bitcoin after they go to their fixed price. And for those who want to increase their holdings by trading, it is possible to make a profit if they are prepared to sell at a specific target. But it's not as easy as it sounds, in reality it's not so easy, the main reason is that we don't know which way the next move of the market will be. If you are ready to sell at $15k but the market dumps at $8k what will you actually do? In that case you have to think of another way.

[rexxarofmoknathal]

Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

Yeah this is true and the problem here is most newbies in the market who have these kinds of situation where they can profit from it are almost always don't know what to do with it. I don't know if they are striving for a more bigger price or they just waiting for something but generally they are just relax while the price is climbing as they think it won't stop going up. But all of this would change once they see that big long red candle and everyone is starting to panic. That's how majority of  the new traders act, they lack the ability to push that sell button and just continue to hodl it.

I think this is something that each and every individual needs to decide for themselves irrespective of whether they're a new or not to trading. And a way to do exactly this and avoid not selling when you're in good profit is to predetermine a x% profit. Only then you can avoid not beating yourself up after your potential profit is long gone. Like I mentioned, this is a lesson for both new and old

[tbterryboy]

I guess if you think you can pick up on those opportunities obviously it is making you miss chances, you could buy and sell on every top and bottom and make 100x more than holding, but the people who hold like me do not hold because they do not want to take advantage of those situations, they do hodl because they believe they will not be able to capitalize on the highs and lows and instead of making more money, they will end up losing money.

I have seen too many people even during this very recent fall that bought bitcoin and sold it when it went down with fear, those people are the ones we are trying to avoid being. By holding, you are not in a trouble, you do not have to lose money as long as you keep holding until you profit and get out, even if it falls, you just wait around until it goes back up.

[goldade]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

I believe it's true that too much hodling makes one lose those chances to even make more.
I also believe that the major reason for that is because of the mentality of 'why sell when the price is still increasing'. This mentality, as harmless as it seems, actually hints at greed.
It is only because of greed that would make one who bought at $500  still keep hodling at $15000 even after making 30x the cost price.
I'd say the best thing to do is set a target price that isn't so far away for the cost price, once you've achieved your target, sell and make your profit and then reinvest

[Stedsm]

@Everyone,
Please don't get offended by my question here as it's not for the so-called ^crypto enthusiasts^ but those who missed an opportunity - traders like us. We all give advice to just "hodl, hodl and hodl", and yes, many of you say that I'm not "them" and so can't decide what they have in their minds. It's true in some sense, but even if I'd be them, either way I'd sell and wait for the right opportunity to buy back and please don't give me silly arguments like they never knew that 15k was peak and 3k could be bottom. Don't tell me that any of them isn't aware of the volatility of BTC and that they couldn't have taken any advantages. We were badly trying hard to break $10k when it was being said that BTC couldn't be worth it, but we still broke it and it was not just 10k then but a bang towards 20k. I can understand that they've had a lot of things in mind, but don't forget that this is the only BTC that was worth $30 and crashed down again to $5 before spiking up and reaching here. I'm just talking about those low-value hodlers who could have multiplied their BTC if they'd have shown some guts.

[Kasabus]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

I believe it's true that too much hodling makes one lose those chances to even make more.
I also believe that the major reason for that is because of the mentality of 'why sell when the price is still increasing'. This mentality, as harmless as it seems, actually hints at greed.
It is only because of greed that would make one who bought at $500  still keep hodling at $15000 even after making 30x the cost price.
I'd say the best thing to do is set a target price that isn't so far away for the cost price, once you've achieved your target, sell and make your profit and then reinvest

Yes. Hodling is good but too much hodling won't make you profitable at all. We are here in this crypto world to gain profits so we should also learn to set a target selling price for our cryptos once it reached its high price. Hodling may not require high risks unlike trading but if you chose to keep on hodling all of your potential cryptos maybe because because of greed or whatsoever, you will not grow totally and will still remain a hodler for a long time.

[CryptopreneurBrainboss]

Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

To be frank, it's true but you should also know that there's another possible outcome of you wanting to take profit and rebuying when the market crashes down. You can be left behind temporary which might cause a lot of panic leading you into rebuying and probably putting yourself at disadvantage because you'll be buying at the peak this time around as that sudden price upward movement you though was a breakout was just a false alarm but before you realize that, it might be too late already.

Since not everyone can be coordinated when the market seems to be leaving them behind it's most advisable you don't put yourself in that situation. Instead just hold unto your coins at the end of the day you'll still be in profits depending on how long you'll be willing to hold.

[Stedsm]

Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

To be frank, it's true but you should also know that there's another possible outcome of you wanting to take profit and rebuying when the market crashes down. You can be left behind temporary which might cause a lot of panic leading you into rebuying and probably putting yourself at disadvantage because you'll be buying at the peak this time around as that sudden price upward movement you though was a breakout was just a false alarm but before you realize that, it might be too late already.

Might there be a false alarm, but it is better to try than to regret. Not every trader can be a pro trader and there's actually nothing like a pro trader at all.

Since not everyone can be coordinated when the market seems to be leaving them behind it's most advisable you don't put yourself in that situation. Instead just hold unto your coins at the end of the day you'll still be in profits depending on how long you'll be willing to hold.

You're on this forum for over 3 years now and I bet you might have been watching BTC even before that, Brainboss.  
Please tell me, isn't it a fact that BTC had been doing waves and it just comes down every time it makes a high daily or whenever it does?
We screamed too many times that BTC is dead (please check WO thread for stuff like that), did it die? Never. Crashed? So many times. If you're a hodler, you'd better be watching charts with longer timeframes like 1M (monthly) or 1Y (yearly) rather than hourly and weekly charts. Even after that, if you believe that a hodler (again, not a crypto enthusiast, but a trading hodler) can't find an opportunity in those charts, then I can't really say anything but sigh they didn't want to use that opportunity in their favor.
Leave the charts, if you've bought at $300 and you're getting a chance to sell at $15k which were two scenarios one after another, what would you do?

[milewilda]

@Everyone,
Please don't get offended by my question here as it's not for the so-called ^crypto enthusiasts^ but those who missed an opportunity - traders like us. We all give advice to just "hodl, hodl and hodl", and yes, many of you say that I'm not "them" and so can't decide what they have in their minds. It's true in some sense, but even if I'd be them, either way I'd sell and wait for the right opportunity to buy back and please don't give me silly arguments like they never knew that 15k was peak and 3k could be bottom. Don't tell me that any of them isn't aware of the volatility of BTC and that they couldn't have taken any advantages. We were badly trying hard to break $10k when it was being said that BTC couldn't be worth it, but we still broke it and it was not just 10k then but a bang towards 20k. I can understand that they've had a lot of things in mind, but don't forget that this is the only BTC that was worth $30 and crashed down again to $5 before spiking up and reaching here. I'm just talking about those low-value hodlers who could have multiplied their BTC if they'd have shown some guts.

This is indeed really applicable for those small time trader but since they do able to read up every now and then into this forum about hodling then thats one of the factors that might able affect their decisions towards into that selling opportunity. Too much hodling can really result into missed opportunities but for those people who do held for longer years do really have that kind of target in mind that no matter what would be the price
they wont sell off their stash.Its up to them on what point then would plan to sell for profits even there are already lots of chances that had passed in the past but they are still optimistic that good things will happen in the end of the line.I cant say nor even argue on what you have said yet its part of the reality where chances on making profits had really missed by those who do really tend to hold no matter what.

[nelson4lov]

As an investor who holds / hodl for a long time, Its important to know when to take some profits and not just hold blindly. Taking profits is something you have to do at some point so you don't leave money on the table. This applies to traders as well. Whether you're hodling or trading, the goal is to make gains. I learnt something a couple of days ago which I'd like to share with the community ~ Do you want to make money or you want to be right? If your answer is the latter, then you might be leaving money on the table a lot of times because you feel you're right. Everybody makes up the market not just you. When you start considering everyone and not just yourself or your opinions, you should be fine. I had a friend who owned some tokens back in 2017. When the tokens he got with $2K peaked at $170K, he got greedy and felt it will get to $200K worth if he kept hodling. He was trying to make the market work hard to reach his expected target. What happened? ICO bubble burst and market tanked. What was worth over $170K dropped to about $12K and has been on a steady decline since 2018.  
Moral of the story, if you're hodling to make gains, don't forget to take profits, there would always be an opportunity to buyback at an even lower price. Greed is one of the biggest problem of investors and traders. Decide when you want to get out.

[Shasha80]

I think a lot of people misunderstand about HODL strategy, based on my experience trading crypto. HODL coins must see the situation
market too, so if our target has not been reached and it turns out that the coins we HODL are already profitable. No need to wait for
the sell target reached, just sell the coins. But the fact is that many people lose the opportunity to get profit, because they wait
sell target is reached. They do it out of greed, wanting to get big profits. Even though they had thrown away the opportunity to
make a profit.

[pooya87]

it all comes down to why you are buying bitcoin and depending on that the plan that people use is different.

some people buy bitcoin to make (fiat) profit. and that's all they care about. for this group it makes sense to sell bitcoin whenever there is a rise specially a significant one like in 2017 that price reached $20k. some of these people are also day trading to make that profit which again they keep buying and selling bitcoin to keep increasing their "fiat" wealth.

but that is not all, there are still a lot of people who buy bitcoin to reach financial sovereignty. and that is something that a decentralized currency like bitcoin can provide.
these people may or may not sell when price goes up. you may call these "HODLERS" if you like but usually these people "spend" their bitcoin instead of dumping it for fiat. for example when we are in a bull market there is always a huge increase in number of customers for all merchants that accept bitcoin as payment.

there may also be another group who are those who bought bitcoin and see the opportunity to sell but they don't trust exchanges to even use them for a second to sell their coins so they avoid it most of the times.

[Harlot]

Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

Yeah this is true and the problem here is most newbies in the market who have these kinds of situation where they can profit from it are almost always don't know what to do with it. I don't know if they are striving for a more bigger price or they just waiting for something but generally they are just relax while the price is climbing as they think it won't stop going up. But all of this would change once they see that big long red candle and everyone is starting to panic. That's how majority of  the new traders act, they lack the ability to push that sell button and just continue to hodl it.

I think this is something that each and every individual needs to decide for themselves irrespective of whether they're a new or not to trading. And a way to do exactly this and avoid not selling when you're in good profit is to predetermine a x% profit. Only then you can avoid not beating yourself up after your potential profit is long gone. Like I mentioned, this is a lesson for both new and old

Yeah people can take profit as long as they want to do so as it is there position, but what I'm pointing out are the people who don't even realize the opportunity and don't do any action for it. They hodly it long enough that when the prices goes down they will be hodling their position at a loss. After that they'll flood the forum creating topics with negativity in it saying "Bitcoin is Dead" or a "Bubble" they will always blame it on Bitcoin but they don't realize in any kind of asset market the only ones to blame with their loss are themselves not unless what they are saying to that asset is true.

[Peanutswar]

It depends on you if you want to hold or not.

More often if I made already a profit I already pulled out my funds because I already earn on it but if you think the profit is not enough to hold again. Sometimes holding gives me a lot of benefits too when the market price of the coin increase and there is something changes in the market movement ( I'm no a professional on market reading movement but still I know what are the next trend ).

Follow your guts sometimes fear is good too. When you have the additional sense that you think the market is falling down soon so pull it out if you think to get profit go ahead hold for it.

[suzanne5223]

Too long hodl is not a good impression which is the reason why people are advised not to for in love with their investment/portfolio because there is vacant of missing good opportunity posed by the market, at the same time long term hodl is still good if the hodler have sufficient knowledge of quick profit making.

[ethereumhunter]

But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k?

Because they want to produce more profit, so they don't sell it when the price reach $15k. People hope that the price can increase more after reach $15k, but the price will not always have a chance to increase higher, but the price will adjust to many price. The chance for the price to increase will be there, but we don't know the time for the price to increase. So if you think that the price touch the highest price before your target price, you can sell it to make a profit, and you can buy back again later because the price will goes down.

Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

If the price can not moves to the highest price, then hold will be the good decision, but if the price can at least touch the higher price, it will better if you sell your coin, but don't sell it at once, but sell it for 50% from your total amount. So if the price can increase so high, you will still have another amount to sell at another high price.

[Salauddin1994]

It is much easier to be wary of scammers if you have a good knowledge of the market even if there is a chance of holding theft. If you hold on for a long time you will know a lot of information and you will get more profit in long term investment. Newcomers are at greater risk later in case they do not know anything about the market then after being caught by scammers. before holding you need to check and hold any currency for investment negative puts everything at a loss.

[imstillthebest]

not stealing but wasting according to your post  .  it can still be stealing to some when they have manage to reach thier specific target and sell with a great profits  . like they say , too much is not healthy or not appropriate anymore    . that applies to hodling because if we over hold we might miss the oppurtunity but if we were lucky , that oppurtunity can go back as long as we still have our coin or  worst thing can also happen and the oppurtunity can be gone forever   .  what we need is just a right amount of hodl , not too much or not to short  .

[danherbias07]

Most of us in this forum might have the idea of it.
Opportunity becomes greed.

I was checking the bitcoin price every 10 minutes when it hit $20k ATH.
I don't know what to do. I don't want to sell yet. I keep reading a lot of predictions in Twitter that it will hit $50k.
Then it goes down. I am still not selling because I am expecting it to go back up.
That could be one reason for few holders to hesitate selling but some just don't want to.

[Saisher]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

There is art in HODLING and opportunities to make money but there are still a lot of people who believe that Bitcoin will hit 3 digits or even $50 k
we don't know the motivation of every HODLERS some of them even promised that they will only sell at specific time of price,  so we must respect their decision if they want to HODL and let those opportunities to pass.

[el kaka22]

Great traders are talking about holding like it is a bad thing but they are forgetting the people who buy high and sell low, and that is fine, they do not have to feel them because they are great traders and we are not, so it is understandable.

However if you are not a great trader, do not really spend time trying to understand them, it is not really your task to make sense of traders and what they say, they can talk about bitcoin and crypto and even any finance the way they want, since we are not trading that well and not getting those same results, we can ignore them totally and act like they do not exist. That way we could talk with people who are not great at trading and come to a community conclusion. So far best one has been holding and buying time to time.

[abel1337]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

In hodling some cryptocurrency, Even if the asset is just sitting on your wallet, It's always good if you have plans on it. Having a target selling point is a must if you are hodling some assets and some backup plan if your asset turns into a devastating dump which you will decide if you will still hodl it or sell it. Hodling is the most easiest technique in crypto but it requires some basic research about the asset you are hodling and plans you need to execute if the value of it hit certain conditions.

This kind of situation won't happen if you have a plan or target selling point, You can't just hodl forever 

[stomachgrowls]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

In hodling some cryptocurrency, Even if the asset is just sitting on your wallet, It's always good if you have plans on it. Having a target selling point is a must if you are hodling some assets and some backup plan if your asset turns into a devastating dump which you will decide if you will still hodl it or sell it. Hodling is the most easiest technique in crypto but it requires some basic research about the asset you are hodling and plans you need to execute if the value of it hit certain conditions.

This kind of situation won't happen if you have a plan or target selling point, You can't just hodl forever 

Not only just needing some basic research but do select on the best one in the market which is really worth to hold on.I just really feel sad for those long time holders which do still have a grip into their stash
when bitcoin hits up on ATH and or even on altcoins which they would really have that in mind the regrets on not to sell into that point and if they do then they would really skip out the stressful days
where bitcoins price is on lower levels.

They might able to utilize those profits in other ways of investment.Well we dont know if they do just simply forget and move on and still decide to accumulate no matter what the price is since they've
been waiting for a decade to sell off? Of course we do need that plan on when to sell but just be sure that you wont really make the same mistake.

Those long term hodlers might really be just eyeing for another possible ATH or even on ath level for them to sell and wouldnt waste that opportunity again.

[dimonstration]

not stealing but wasting according to your post  .  it can still be stealing to some when they have manage to reach thier specific target and sell with a great profits  . like they say , too much is not healthy or not appropriate anymore    . that applies to hodling because if we over hold we might miss the oppurtunity but if we were lucky , that oppurtunity can go back as long as we still have our coin or  worst thing can also happen and the oppurtunity can be gone forever   .  what we need is just a right amount of hodl , not too much or not to short  .

Not all coins were worth the pain of holding, it really wasted the time that should we have been profited from trading, I just realised it after I lost a lot from holding after the 2017 ATH, well it's not just me who plans to hold but reality hurts that some altcoins didn't really survive after that. It's too risky hold too much especially if those coins were not in the top list or didn't have a platform that are usually used by many to expect a many supporters or users even they were a good coin. Also make sure to monitor what we were holding once they dump in price they may never able to recover from it so better put sometime in monitoring than just holding and plans only to see it once or twice a month.

[djmixen]

Too much holding wasting your time as well, that is if the coin you hold is the wrong one. Aside from being loss your capital, it is
also, time is wasted. Yeah, it's right instead of you can use your investment into some good opportunity you can't do it anymore.
Although,  in some other way holding is good if you are really willing to wait for years and good for the beginners only.

[Hypnosis00]

Too much holding wasting your time as well, that is if the coin you hold is the wrong one. Aside from being loss your capital, it is
also, time is wasted. Yeah, it's right instead of you can use your investment into some good opportunity you can't do it anymore.
Although,  in some other way holding is good if you are really willing to wait for years and good for the beginners only.

Not all it comes with positive and negative results, not even with Bitcoin. Long-term holding is also of high risk because we never know the future trend that might it have.

I usually make hold for just a month or even just a week. I'll take every opportunity that the market has, 3$, 2$, or 1$ profits, I was already satisfied with that. Some people encourage them to make a long-term holding because they'll be thinking that they can be of Bullrun again. Yeah, could be possible but that was a long-long wait for us and besides, we never know when.

[Bezobraznike]

   As a holder I don't think I missed something with selling on top and buying the dip. I could do it and have more coins, but it's the
risk I am not willing to take. If the price start dropping after top I will buy more at the bottom, with my own money, and it's how I
accumulate without risking coins I have.
   Some people are greedy, and they wish to make more coins quickly, I am not like that, I build my portfolio slowly and I don't mind
others who trading and risking to make more, each of us has a choice.

[Janation]

I don't know for other guys, but I am holding but not actually.

I do have some Bitcoins but not that much that I've been holding for some time, but I am not actually holding since when the price pump, I don't actually sell all of them, I just sell some or trade some of it to other cryptocurrencies. When the price drops I do the same; I can't just hold all of my Bitcoins since I could create more opportunities to earn if I move it around taking advantage of the movements of the market.

[Shimmiry]

For noobs, HODLing is a term used for ""holding"" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

Some people really preferred saving their money than withdrawing it to either spend or make a use of it for a certain reason. And it wasn't that regretful whenever they preferred such saving strategies, as the price of (here:Bitcoin) is isn't that stable, finalized, nor be on a consistent value. If it increase and kept increasing, then soon it will reach twice than its 20kUSD peak. Trust is always the reason why a certain investor keeps holding despite the huge gain opportunity.

I do also hold and I dont regret anything nor losing the opportunity to gain more than twice at the moment the Bitcoin reached 20KUSD peak. I'll rather save it which had possibility to gain more than 20KUSD peak, than use it at that price target and use it even I don't need it yet.

[beerlover]

For you or for other people? If you and I keep holding and not sell or not buy, that means there is less money in the trading world, if enough people do it, there is less volume and liquidation, which means traders will not be able to make as much trade as they used to since it would mean that you will end up with not being able to trade due to lack of liquidation, you could hurt the market with just one big sale and it doesn't even have to be too big since there are less people trading and less volume.

This is why when you get out, personally it is not a big problem, you can hold as much as you want and you would eventually profit anyway so it is a good method, but if you do that, you are removing money out of market meaning you are slightly hurting the traders.

[coin-investor]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

Do we have this kind of hodlers who bought Bitcoin at $500 and yet did not sell it when it reaches the $20 k peak I don't think we have more of these kinds of investors, they will sell it right away when they see that prices are moving down after it hit an all-time high because they are already in a big profit unless they forgot that they have Bitcoin in their wallet and forgot it, or they lose their private key.

[sarmrakib]

Too much holding wasting your time as well, that is if the coin you hold is the wrong one. Aside from being loss your capital, it is
also, time is wasted. Yeah, it's right instead of you can use your investment into some good opportunity you can't do it anymore.

Its really true that you need to hold the right coin if you hold for long time .I think it will better to sell it on a price you want .You need to put your invest on top coin that's will help you to get profit for long term holding .Before invest choose right one.

[traderethereum]

Too much holding wasting your time as well, that is if the coin you hold is the wrong one. Aside from being loss your capital, it is
also, time is wasted. Yeah, it's right instead of you can use your investment into some good opportunity you can't do it anymore.

Its really true that you need to hold the right coin if you hold for long time .I think it will better to sell it on a price you want .You need to put your invest on top coin that's will help you to get profit for long term holding .Before invest choose right one.

That is why before you invest, you need to research to find the coins because we have so many coins at the market.
You might get more than one coin to buy and hold for some time, but you can plan how much price you will sell the coin.
If you just hold without research, I think your chance to profit will not be too big because sometimes what we buy will not give much profit.
But if you can accept the time to hold will need a long time to see the price increases, you don't need to worry if the price is up and down because you only want to sell your coins when the price reaches your target price sell.

[danherbias07]

I guess you are a real trader by heart.
It's obvious because you are thinking about short or long term profit.

Not all have the courage to do so.
Some of us here just want to wait for a better surprise from Santa Claus.
Its better, somehow it is balancing the market.

[dunfida]

I guess you are a real trader by heart.
It's obvious because you are thinking about short or long term profit.

Not all have the courage to do so.
Some of us here just want to wait for a better surprise from Santa Claus.
Its better, somehow it is balancing the market.

By just simply holding doesnt mean that they dont have that kind of heart yet holding for long is still considered to be part of the process
even though its comparable to those people who do actively make some trades on a short span of time without the need of waiting.
It does have its own pros and cons.

Same as mentioned that not all would have the courage to do so.This is why market experience and knowledge will be your advantage here
compared to those people who do just recently make some trades or jumped into the market.

[MCobian]

There is nothing wrong with Bitcoin holding, because during my 3 years of trading, holding is still the best strategy in trading.
Indeed, sometimes everyone has a different target when it comes to selling their Bitcoin. If you say holding stealing opportunities
to generate profits I think the wrong thing, because most people are greedy, so miss the opportunity to make a profit. People
sometimes have a large enough profit, but delay selling it. Because they want to get even bigger profits. So it's not wrong we are
holding our Bitcoin, but we must be able to control our greed.

[Beparanf]

There is nothing wrong with Bitcoin holding, because during my 3 years of trading, holding is still the best strategy in trading.
Indeed, sometimes everyone has a different target when it comes to selling their Bitcoin. If you say holding stealing opportunities
to generate profits I think the wrong thing, because most people are greedy, so miss the opportunity to make a profit. People
sometimes have a large enough profit, but delay selling it. Because they want to get even bigger profits. So it's not wrong we are
holding our Bitcoin, but we must be able to control our greed.

Bitcoin is good to hold but not other altcoins as they may not recover from the dump if once loss it's value especially these DeFi projects now that re experiencing hype once their price decrease they may not be able to reach again their today's price since they were only produced by hype and not really because of their project like how some ICO projects before who are no trading volume now.

[posi]

There is nothing wrong with Bitcoin holding, because during my 3 years of trading, holding is still the best strategy in trading.
Indeed, sometimes everyone has a different target when it comes to selling their Bitcoin. If you say holding stealing opportunities
to generate profits I think the wrong thing, because most people are greedy, so miss the opportunity to make a profit. People
sometimes have a large enough profit, but delay selling it. Because they want to get even bigger profits. So it's not wrong we are
holding our Bitcoin, but we must be able to control our greed.

Bitcoin is good to hold but not other altcoins as they may not recover from the dump if once loss it's value especially these DeFi projects now that re experiencing hype once their price decrease they may not be able to reach again their today's price since they were only produced by hype and not really because of their project like how some ICO projects before who are no trading volume now.

The one thing I understand is that we cant have the same perception of crypto investment but crypto enthusiasts strategy is by an hodl their investment while traders and investors strategy is to sell when the price is at peak in other to buy when the price is dump. However, all this depend on the plan we have about coins cause we cant advise someone that kept his coins in paper wallet for future purpose to sell some portion of his holding but having some certain amount of coins which was purpose to seize the market opportunities is good if an individual have adequate knowledge to that.


In the end people need to understand whats is good for them which they can handle because crypto portofolio managing is not easy as but hodling is the safe way of crypto investment if the investors know how to choose the perfect coin and strong patience.

[adzino]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

How do you know that they didn't sell their coins when the price was $20,000? Even if they didn't they probably had different goals. They might be waiting to sell their coins when the price reaches $25,000. They believe that the coin they have invested in has more potential and is undervalued. Isn't this a good sign? They don't fall for FOMOs, hence they don't even think about panic selling. This is a trait every investor should have. Set a goal and keep holding  until the goal has been reached. But it is a whole different story if you are holding a shitcoin. Exit as soon as you can or else you will be wasting time holding the coin.

[CLEO.one]

This is why you need to define you mindset. Holding has been profitable in the long run, but yes if you have the time you can have an allocated trading stack and play with that. Many traders don't touch a lot of the data so backtesting can be a great edge.
For example I've been running a range based strategy in the past 30 days and it's beating buy and hold by almost 20%. Nothing more than: Buy when price is crossing up 10,000 and sell at 10,200, etc.. I tested different versions on the previous 2 Septembers (known as down months) and wanted my stack protected. But my long term holds - I do not touch.

[AnonBitCoiner]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

If we hold too much, it's not a good one. I had brought 1 Eth and hold it in my wallet over 3 months. Now price of Eth reduced to 370$, same Eth had reached upto 470$.I had thought the price of Eth will increase further, when the price was 470$.Now it reduced to 370$, nearly 100$ reduced. If I had sold at 470$, it will be good move from my side. Now It's like I had lost the good opportunity.

[Majharul Saiif]

 I suggest not holding for a very long time and sell it when it is reached in higher or you need money in positive market value. Because maybe you hold for a big gain but in this unstable market your expectation will not come in this period and you can't wait for this then you have to sell it is a very low price. To avoid this situation I prefer to sell at a well market price and buy more BTC at a low market price.

[isaac_clarke22]

~

Can't blame those newbs.
It ain't no peak if they aren't still satisfied on how much they get. They keep believing and believing and believing that there's next to whatever that price they managed to hold at. There ain't no peaks to some greedies.
Sure that they can see the bottom to buy more but going to the moon is like an endless dream for them.

[posi]

In the end people need to understand whats is good for them which they can handle because crypto portofolio managing is not easy as people think but hodling is the safe way of crypto investment if the investors know how to choose the perfect coin and have strong patience.

We should know what we're entering too or buying, based on my experiences from holding before

You make a good point which is the reason why I said investors need to have adequate knowledge to choose the perfect coin not by influential or online advise.

it doesn't really give me profit since 2017 ATH happens and many of the altcoins I bought and earned from bounties lose their value so it's not advisable to hold longer,

Thats because you invested when the market is at peak and during that season day trading or constant buying and selling for stable coin is the perfect strategy. Despite by at peak price if the coin is good potential coin hodling for long is the perfect decision.

note that some of the coins I bought were in ICO price and was not able to sell n the ATH that time hoping these coins will still make it's price recover after the dump. It's a mistake learned.

This is the reason why you believe hodling is not advisable while it totally advisable. ICO or IEO coins shouldnt be hold for long and the best thing to do is to sell when the coin offer trading competition and buy back later if you love the project concept cause when the competition is over 97% of altcoin usually experience huge dump in price.

[Renampun]

'those who make profits are those who are lucky'...
It is true that too many HODL will only make you lose the opportunity but finding the right moment to sell is not always found. My advice is to set the price at what price you will sell, then don't even panic when the value of your crypto asset shrinks due to market corrections.

[lixer]

No opportunities are being lost as long as you know your plans/target, you will only be losing when you don’t k kw what you’re after. Everyone has different purpose as to why they are buying Bitcoin or any cryptocurrency and I have seen people who say that no matter how low the price of the cryptocurrency drops, they are not ready to sell it and they are continue to keep holding it till it reaches a particular price, and if it doesn’t reach that price, then they are not ready to sell it.

So, the same way you’re seeing it is not how others are seeing it, their targets are different. And btw, that price is going down doesn’t mean that it is over, it can still recover.

[dunfida]

'those who make profits are those who are lucky'...
It is true that too many HODL will only make you lose the opportunity but finding the right moment to sell is not always found. My advice is to set the price at what price you will sell, then don't even panic when the value of your crypto asset shrinks due to market corrections.

Really hard to say on not to panic but when you are already on the actual situation then its really hard to remove those kind of emotions.Setting a particular goal or profit taking
is very much suggested but people do have its own ways.We do miss out good selling opportunities but it doesnt mean that it wouldnt come out anytime soon the issue here
is that it might be taking for more years which would really end up for you to hold up even more longer and missing out lots of opportunities.Profitability
will always matter on how you do act.

[Anyobsss]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

This is the reason why people should know how to control their emotion and must know where should they take profit. This is like FOMO and greed at the same time. You think that if you sell at $15k, it could go higher so you hold. When BTC peaked at $20k many didn't sell because they thought that it would go higher and that's  because of greed. When it dipped they still hold because they said it would recover but its price continued to crash and bottomed at $6k. Hold is good but you should know your exit.

[bocyaj]

'those who make profits are those who are lucky'...
It is true that too many HODL will only make you lose the opportunity but finding the right moment to sell is not always found. My advice is to set the price at what price you will sell, then don't even panic when the value of your crypto asset shrinks due to market corrections.

They need to use the opportunity to get profit. Their will be good pump in certain project with a certain time interval. We should buy at low and sell at high. It's a simple tactics to get profit from this cryptocurrency. You should wait for your opportunity.

[nasipadang]

It is not good to say noobs for every user who wants to hold on to trust, most of the users do HODL because they believe in bitcoin, they don't see from the point of view of "how much profit to get" but "definitely worthwhile". In many cases and some of the readings from the threads on this forum there are users who feel guilty for not getting big profits. And in trading everyone has their own way, it does not mean holding long-term does not get much profit and vice versa for the short term.

[Max2140]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

I would say the best investment strategy in the Bitcoin market is still "Buy & Hold" until you have REALLY good understanding of the market structure and macro factors that influence Bitcoin price. It's always easy to reflect on potential investment decisions in the hindsight but not always easy to execute right trades in the right time even when market structure looks obvious.

[lienfaye]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

Each of us has different reasons why we didnt sell at peak price.
Some investors are greedy to anticipate a much more higher price while others prefer to reach their set target price before going to sell. As for me I sell if I already profit then buy back once the price decline. But I changed my strategy to be a long term holder. I take profit at times but I still prefer to hold until I see an acceptable price to sell.

[Dorodha]

Yes, the state of the crypto market is improving a lot the price of almost every currency is rising so now is a good time to invest. The price of the currencies up front will pump up a lot more if we can keep our wallets safe even if we hold them the chances of theft will be much less. It will usually depend on the individual himself bitcoin is a much better currency for investment and bitcoin is a long-term hold for investment. Analyzing the market well reduces the risk.

[michellee]

The current price of bitcoin is still unstable, so it would be better if you always rely on hold until the price has soared. don't be fooled by not buying bitcoins and storing them for a while later.

This time, a hold will be a good solution for people who are afraid to trade because, as you said, bitcoin's price is unstable, and it seems the price is still going up and down. But if you decide to hold, it is better you have a target price to sell, so you don't forget to sell bitcoin when the price start increase because we don't know when the price increases later. I still try to buy a low price of bitcoin, but I don't know if that will work for me or not because the price can get down lower than the price I bought.

[Viscore]

The current price of bitcoin is still unstable, so it would be better if you always rely on hold until the price has soared. don't be fooled by not buying bitcoins and storing them for a while later.

This time, a hold will be a good solution for people who are afraid to trade because, as you said, bitcoin's price is unstable, and it seems the price is still going up and down. But if you decide to hold, it is better you have a target price to sell, so you don't forget to sell bitcoin when the price start increase because we don't know when the price increases later. I still try to buy a low price of bitcoin, but I don't know if that will work for me or not because the price can get down lower than the price I bought.

We can just hold if there is a reason that is a must and not just seeing because of the volatility itself.

If I buy shitcoins today and hold it for at least a year, what we gonna expect for the result? Nothing! and it doesn't deserve either. Holding is not always a thing we need to think about and not all been productive. Holding will depend on the market situation and so the coins that we have been invested in.

[AakZaki]

too long to be patient and hold BTC will indeed miss a good opportunity. It depends on the initial goals to be achieved. when the price of Bitcoin was close to $ 20k in 2017 and haven't sold it yet, then that person is overly patient and literally misses the opportunity to sell the best. sometimes some people are too greedy so they want to keep pushing them to a target that is too high.
Appropriate planning and targets to be achieved must be clear, must be disciplined to achieve these targets.

[rexxarofmoknathal]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

If we hold too much, it's not a good one. I had brought 1 Eth and hold it in my wallet over 3 months. Now price of Eth reduced to 370$, same Eth had reached upto 470$.I had thought the price of Eth will increase further, when the price was 470$.Now it reduced to 370$, nearly 100$ reduced. If I had sold at 470$, it will be good move from my side. Now It's like I had lost the good opportunity.

3 months is not really a 'HODL'. The terms applies to people who invest for long-term and in your case you just seem to have bought at the top of ETH peak and now you feel disappear because of the price dump. All I can say to you is that if I was in your case I wouldn't worry much and keep HODL-ing. Only in this manner you'll be able to make profit along the lines in the original post.

Unfortunately, this is not a playground for 'quick money', you have to hold out.

[michellee]

The current price of bitcoin is still unstable, so it would be better if you always rely on hold until the price has soared. don't be fooled by not buying bitcoins and storing them for a while later.

This time, a hold will be a good solution for people who are afraid to trade because, as you said, bitcoin's price is unstable, and it seems the price is still going up and down. But if you decide to hold, it is better you have a target price to sell, so you don't forget to sell bitcoin when the price start increase because we don't know when the price increases later. I still try to buy a low price of bitcoin, but I don't know if that will work for me or not because the price can get down lower than the price I bought.

We can just hold if there is a reason that is a must and not just seeing because of the volatility itself.

If I buy shitcoins today and hold it for at least a year, what we gonna expect for the result? Nothing! and it doesn't deserve either. Holding is not always a thing we need to think about and not all been productive. Holding will depend on the market situation and so the coins that we have been invested in.

We need to stay away from the shitcoins because that can not give us the profit. But we never know which coins that will be not potential to us if we don't analyze.

In these situations, many people still hold their coins. It happens to my friends and me. Last trx increase, my friend decides to buy Trx, but I guess that he forgot that the price is at a peak, and suddenly, the price is down, and after a few days ago, the price still down, he tries to buy back at a low price, but that doesn't help him.

Right now, what he can do is just hold without knowing when the price will go up again. It happens to the other friend who holds bitcoin, ethereum, and they only hold the coin and hope that the situations will change soon.

[TIDOVEE]

It's like there is something's cloudy about that inability to still sell even when the coin starts going down, because one will later feel but I should have sold it 3 days later it would have still been better, but that mind that makes you keep believing it will rise back again till it becomes a NO, that is what affects almost everybody.we will never want to see a value lesser than the highest that we have seen.almost the same thing happened in the last pump we had few weeks ago but now our main target is the bull.

[Zemomtum]

You are quite right, holding an asset for long means you have more than enough on your table to cater for other things financially.

[Kelvinid]

It's like there is something's cloudy about that inability to still sell even when the coin starts going down, because one will later feel but I should have sold it 3 days later it would have still been better, but that mind that makes you keep believing it will rise back again till it becomes a NO, that is what affects almost everybody.we will never want to see a value lesser than the highest that we have seen.almost the same thing happened in the last pump we had few weeks ago but now our main target is the bull.

I was then making my self always positive despite of many challenges that we have experience. Seeing the dumps it truly disappointing and even think to sell our coins but it was also to think what if it bounces back high? Actually, there is no assurance but it was a big regret if we driven by our negative thoughts and easily weaken. That is a reason why I'd never make deal with the news (FUD) because it could be a way also that might trigger such a thing.

[TheUltraElite]

You are quite right, holding an asset for long means you have more than enough on your table to cater for other things financially.

I dont think so. If you miss out on a pump it does not mean that it is the end of the world or something. You might want to keep holding that for different reasons in the first place as well. If it is bitcoin then it is pretty valid to hold it for longer than normal periods - maybe for 5-6 years or more. I am sure if someone has been holding bitcoin for years now they have a good profit at this five-digit price range.

But yes many people think that losing the pump means a long shot loss, thus they wrongly sell at the low and try to get out - this is either fueled by the false-faithful mindset of the trader to bitcoin or because they never had any faith at all in its price rise.

[RealMalatesta]

There is a big difference between holding bitcoin (and maybe eth) and holding other coins, people should know the difference obviously. I mean if you are doing trading you could trade anything you want, anything could go up and down time to time and there is really no way to know which one will go up and which one will go down, that is how the system works and that is how it will always be.

However when we are talking about bitcoin we know that even if it falls it will eventually go up, it will never die down like other coins, any coin could go down and never recover but bitcoin will ALWAYS recover.

[lixer]

Lol I don’t think there is anybody on earth that bought Bitcoin at the rate of $500 that is still holding that same Bitcoin they bought them till now unless it’s Satoshi Nakamoto and some big cryptocurrency companies that we are talking about here.

If not those, then any other regular investor that really bought at the rate you have said ($500) and watch the price move up to $20,000 must have sold their coins and made profit. Anyone you’re seeing now that’s saying they are going to hold till the price gets to $100,000 or so, are just people that bought recently.

[BitcoinHunt3r]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

Maybe what i will say about that is just give respect to other's style of trading, maybe they have their own reason why just buy and hold their coins until their target reached, like me who keep panic when do trading as usual, maybe style that i picked is hold for longer time and just wait than everyday get stressed because think of my coin's price.

[Quidat]

There is a big difference between holding bitcoin (and maybe eth) and holding other coins, people should know the difference obviously. I mean if you are doing trading you could trade anything you want, anything could go up and down time to time and there is really no way to know which one will go up and which one will go down, that is how the system works and that is how it will always be.

However when we are talking about bitcoin we know that even if it falls it will eventually go up, it will never die down like other coins, any coin could go down and never recover but bitcoin will ALWAYS recover.

It do always recover but the question is that not all people would really have that kind of patience for them to wait for long for that recovery.If they had entered into those
bull run days where price do hits up 20k or even lower but not lower that 12k then pretty sure that they been still holding at the moment.Result? they might already panic sold
those coins already or some might have done some average downs or buyback on lower price point on trying to recover on what they had lost via active trades.
Its normal that we do really much have that kind of confidence when we do deal with Bitcoin and other top alts in the market and its a must thing rather than considering
those shitcoins below.

Lol I don’t think there is anybody on earth that bought Bitcoin at the rate of $500 that is still holding that same Bitcoin they bought them till now unless it’s Satoshi Nakamoto and some big cryptocurrency companies that we are talking about here.

If not those, then any other regular investor that really bought at the rate you have said ($500) and watch the price move up to $20,000 must have sold their coins and made profit. Anyone you’re seeing now that’s saying they are going to hold till the price gets to $100,000 or so, are just people that bought recently.

You cant say since you wouldnt know if there are those people who do still keep holding their coins in spite of the price and on when they had bought such coin but to think up sensibly then
we can really say that they might have consider on selling it out when those peak prices had reached.Come to think that even on hudreds of dollars, those people who have stashed
for a long time specially when they bought it on cent price or few dollars would really do such move.

[sulendra12]

You are quite right, holding an asset for long means you have more than enough on your table to cater for other things financially.

Correct, or rather it is their only hope to get big money from only a single source. You can hold this one "potential" coin and you might something great from it, who knows this coin has better future later. Or let's say if you are "HODL"-ing Bitcoin for long time and keep investing it, you will make something really awesome like this guy: https://twitter.com/JamesTodaroMD/status/1223670320541900800

[Darkelf11]

I think it depends on what they believed in. They could also missed the opportunity if bitcoin happened to achieve new all time high over and over, and never went back  to 20,000 USD. That should probably the thing that is running on their mind, it's okay to not get those early profits than to not get the next bigger profits which will be achieved on new ATHs of bitcoin that is why hodlers choose to hodl than to take the profit.

[wxa7115]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

If you look at it in that way the answer is yes, however those that have decided to hold their coins for the long term either do not have the capabilities to trade the markets, which is what you are describing, or they do not have the time to do it and that is why they prefer to keep holding their coins, and while to you this may seem like a wasted opportunity at the end it depends on your current economy status.

If you are already wealthy thanks to your bitcoin for you it does not really make a lot of difference if the price of bitcoin goes down as not all your money is invested in it so you can endure the crashes and only sell if bitcoin happens to reach your target price, and to all of this we must add there are holders that have no desire at all to sell regardless of the price as they believe bitcoin will become the dominant form of currency in the future.

[ecnalubma]

I also regret not selling all my valuable tokens last bull run and some become useless now due to my greed of maybe it would increase more. Lesson learned really happened in the end when its already too late.

Its a matter of decision, new coins are dangerous. I sold most of my earnings in 2017 and 2018 I have no regrets some left in my wallets are now useless among all those coins only few make it up to this day. We really should pick good coins to keep for long term that are more stable with good liquidity in that way we could potentially minimize the risk.

[lixer]

Lol I don’t think there is anybody on earth that bought Bitcoin at the rate of $500 that is still holding that same Bitcoin they bought them till now unless it’s Satoshi Nakamoto and some big cryptocurrency companies that we are talking about here.

If not those, then any other regular investor that really bought at the rate you have said ($500) and watch the price move up to $20,000 must have sold their coins and made profit. Anyone you’re seeing now that’s saying they are going to hold till the price gets to $100,000 or so, are just people that bought recently.

You cant say since you wouldnt know if there are those people who do still keep holding their coins in spite of the price and on when they had bought such coin but to think up sensibly then
we can really say that they might have consider on selling it out when those peak prices had reached.Come to think that even on hudreds of dollars, those people who have stashed
for a long time specially when they bought it on cent price or few dollars would really do such move.

People think that bitcoin and all of crypto is a way of making "money" but they are forgetting that crypto is money itself and this is why they end up trying to make more fiat with crypto, if you get in with 1000 dollars and buy 0.1 bitcoin and you get out with 1200 dollars selling those coins, you are in fact in loss, not in fiat obviously because you made 200 dollars but now you do not have any crypto at all, if the price of crypto goes even higher you are going not be able to buy 0.1 bitcoin with the same 1200 dollars.

Many of us are here because we believe bitcoin is a way to get out of regular economics in the world and find our own power, I trade because I want to have more bitcoins and not more fiat, which means holding is not that bad, as long as you keep accumulating more bitcoin.

It’s not everyone that’s going to get profit, there are people who will keep on losing, and it happens to everyone at times, you just have to know what you’re doing. Anyone that’s investing and HODLing should already know that price can go down at anytime, it’s not something you can easily predict, and there are people who are always thinking that price will continue to go up, it’s quite a ridiculous thinking , crypto is volatile and you should know that the price will not be going up all the time.

[okala]

If you are not a good trader then there is no need of holding if you have the knowledge and understanding on how the market works and you can takes advantage of the up and down and buy and sell at the right time then you should better to hold.

[pokeronlinestatus]

This is not a mathematical question, there is no right answer for this that one person can answer, there is no proof of which one is better neither, it is totally changing depending on the person we are talking about. Obviously there are people who are great traders and they get the coins at very low and sell at the top and do this back to back in order to make as much profit as they can, but there are also people who fail to do this and they buy high and sell low because they are scared or whatever, panic sellers are a thing so we can't just forget about them.

So, we are talking about answer changing from person to person. I would say if you do not trade well, go with long term, if you trade well go with short term because that is the only thing that make sense.

[MWesterweele]

If you are not a good trader then there is no need of holding if you have the knowledge and understanding on how the market works and you can takes advantage of the up and down and buy and sell at the right time then you should better to hold.

I agree with it that the difficult thing about hodling to much crypto is just you missed out opportunities like getting a high trade price whilst the token you've going to trade on is on peak value. But of course trading is not an easy thing also you should have the knowledge that required for you to be able to trade your coin wisely. And also you should be always updated by the current value of your token.

[abel1337]

If you are not a good trader then there is no need of holding if you have the knowledge and understanding on how the market works and you can takes advantage of the up and down and buy and sell at the right time then you should better to hold.

I agree with it that the difficult thing about hodling to much crypto is just you missed out opportunities like getting a high trade price whilst the token you've going to trade on is on peak value. But of course trading is not an easy thing also you should have the knowledge that required for you to be able to trade your coin wisely. And also you should be always updated by the current value of your token.

The question in the OP is quite subjective and mostly will depend on the user, For example, there is some crypto user who wants to take a break from trading and most of the time their choice will be hodling some crypto especially bitcoin and mainstream cryptocurrencies so that they can get some profits even though they aren't making their usual moves as a trader. There are also newbies who want to earn but don't have enough knowledge and it's an easy choice for them just to hodl. But as a trader, we know that we can't miss some opportunity going on that's why a casual trader like me splits up some assets that is allocated for daily trading, long term trading and hodling.

[MWesterweele]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

Maybe what i will say about that is just give respect to other's style of trading, maybe they have their own reason why just buy and hold their coins until their target reached, like me who keep panic when do trading as usual, maybe style that i picked is hold for longer time and just wait than everyday get stressed because think of my coin's price.

Honestly speaking we can't blame one person's decision when it comes to his/her token or coin. If she/he would prefer to hodl her crypto for a long time its their choice. Its right that we should respect one's decision. Though yes we know that it may steal the opportunities from them to grow not only their coins but to grow them as a trader but as i've said its their choice. Hoping that they would never get tired of educate themselves about trading so that they may grow their coins.

[Krabby]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

Everything needs planning and strategy. Sloths who just want to hold and have big profits will be like the case you mentioned.
For me, I'm a holder, but always outlined plans to adapt to the market. If I buy BTC at 500 $, I will sell 25% when it goes to 1500, I will keep selling 25% if it goes to 2500 $, and so on. that is how we stay profitable and not afraid of loss when the price of BTC drops below the $ 500 mark.
so don't pool all of the holders and then judge them. Experience and knowledge will be the decisive factor for an investor.

[beerlover]

This is not a mathematical question, there is no right answer for this that one person can answer, there is no proof of which one is better neither, it is totally changing depending on the person we are talking about. Obviously there are people who are great traders and they get the coins at very low and sell at the top and do this back to back in order to make as much profit as they can, but there are also people who fail to do this and they buy high and sell low because they are scared or whatever, panic sellers are a thing so we can't just forget about them.

So, we are talking about answer changing from person to person. I would say if you do not trade well, go with long term, if you trade well go with short term because that is the only thing that make sense.

Yeah, there is also the fact that people who bought at 500 dollars could also buy at $20k, but also at $15k and $10k and lower as well, you do not have to sell, the reason people sell is to make more fiat and you think we want more fiat? I want more bitcoin, and that is why I really want to make sure that I get a lot more bitcoins in the end, that is the end goal for me.

So, to sell at $20k would not really achieve what I want from crypto, it would simply just make me more richer in fiat but fiat world would get devalued so that "profit" I made in fiat will not be worth that much at all. I feel like the best way to continue right now would be to have a lot more crypto and that happens to mean you have to hold money if you really want to make a profit. Obviously that is what I will continue to do.

[wxa7115]

This is not a mathematical question, there is no right answer for this that one person can answer, there is no proof of which one is better neither, it is totally changing depending on the person we are talking about. Obviously there are people who are great traders and they get the coins at very low and sell at the top and do this back to back in order to make as much profit as they can, but there are also people who fail to do this and they buy high and sell low because they are scared or whatever, panic sellers are a thing so we can't just forget about them.

So, we are talking about answer changing from person to person. I would say if you do not trade well, go with long term, if you trade well go with short term because that is the only thing that make sense.

In fact it is and there is a right answer for it, if we compare the results of the best holder against the results of the best trader the best trader will always outperform the holder which means that if you goal is to make money in the markets then you must learn how to trade.

However as we know learning how to trade is not easy at all and it can be a very challenging endeavour as to begin with there is so much information online about what strategy to follow that most newbies are going to get confused about what path they should follow, but truth to be told this applies to any activity as well so in that sense learning how to trade is not different than learning any other skill.

[AakZaki]

If you are not a good trader then there is no need of holding if you have the knowledge and understanding on how the market works and you can takes advantage of the up and down and buy and sell at the right time then you should better to hold.

is an option that is easily accepted and is a solution for some people who cannot trade by holding it until the target price is reached.

But if as a professional trader or who already understands market movements, taking advantage of every ups and downs of prices will be very profitable, but not always profitable, there will definitely be a loss in some trades.

Trading is also not only up and down, but about emotions that can be controlled properly so as not to spoil the plan or strategy that has been made.

[Hippocrypto]

If you are not a good trader then there is no need of holding if you have the knowledge and understanding on how the market works and you can takes advantage of the up and down and buy and sell at the right time then you should better to hold.

is an option that is easily accepted and is a solution for some people who cannot trade by holding it until the target price is reached.

But if as a professional trader or who already understands market movements, taking advantage of every ups and downs of prices will be very profitable, but not always profitable, there will definitely be a loss in some trades.

Trading is also not only up and down, but about emotions that can be controlled properly so as not to spoil the plan or strategy that has been made.

Sometime our plans won't coincide about the future, only wide imaginations tends to pull you down. Because of my emotions that is beyond my control expectations of much higher value, give me wrong decisions that I have regretted during the days of bullrun. Failure to trade my tokens, made me frustrated, thinking that the price would increase ten folds. That opportunities has gone after bearish market tends to initiate starting 2018 until present.

[angrynerd88]

Crypto Earners who suggest to HODL are the ones who really picked up more since they tend to hold bitcoin for a long time which implies they likely offer it in at boom. For me, who will gonna offer bitcoin in shortage cost? But those who are in a frantic require of something. But when we say long term holding, we tend to set offer cost, our objective here is to secure benefit indeed we hold up for a long time. We are holding up for the great opportunity to offer off our bitcoin in a great price. Be that as it may, maximizing our time with a good administration of bitcoin holding is difficult to attain.

[carlfebz2]

If you are not a good trader then there is no need of holding if you have the knowledge and understanding on how the market works and you can takes advantage of the up and down and buy and sell at the right time then you should better to hold.

is an option that is easily accepted and is a solution for some people who cannot trade by holding it until the target price is reached.

But if as a professional trader or who already understands market movements, taking advantage of every ups and downs of prices will be very profitable, but not always profitable, there will definitely be a loss in some trades.

Trading is also not only up and down, but about emotions that can be controlled properly so as not to spoil the plan or strategy that has been made.

Sometime our plans won't coincide about the future, only wide imaginations tends to pull you down. Because of my emotions that is beyond my control expectations of much higher value, give me wrong decisions that I have regretted during the days of bullrun. Failure to trade my tokens, made me frustrated, thinking that the price would increase ten folds. That opportunities has gone after bearish market tends to initiate starting 2018 until present.

I do really admit that i do really hate up to remember those days where i do able to miss out those golden opportunities where i have might able to changed up my financial status life if
i did able to sell on that time.

We have bull run on year 2017 and almost all of the coins in the market are hyping up and with my greedy mind i did really tend to hold even more until the market had dumped down and
all of the coins that i had owned had dumped too and made those profits poof in a short span of time.

Hodling is good but only possible for those coins which are really worth for you to hold but for alts? Its better to secure profits first and dont make yourself regret in the end.

[Botnake]

If you are not a good trader then there is no need of holding if you have the knowledge and understanding on how the market works and you can takes advantage of the up and down and buy and sell at the right time then you should better to hold.

is an option that is easily accepted and is a solution for some people who cannot trade by holding it until the target price is reached.

But if as a professional trader or who already understands market movements, taking advantage of every ups and downs of prices will be very profitable, but not always profitable, there will definitely be a loss in some trades.

Trading is also not only up and down, but about emotions that can be controlled properly so as not to spoil the plan or strategy that has been made.

Sometime our plans won't coincide about the future, only wide imaginations tends to pull you down. Because of my emotions that is beyond my control expectations of much higher value, give me wrong decisions that I have regretted during the days of bullrun. Failure to trade my tokens, made me frustrated, thinking that the price would increase ten folds. That opportunities has gone after bearish market tends to initiate starting 2018 until present.

I do really admit that i do really hate up to remember those days where i do able to miss out those golden opportunities where i have might able to changed up my financial status life if
i did able to sell on that time.

We have bull run on year 2017 and almost all of the coins in the market are hyping up and with my greedy mind i did really tend to hold even more until the market had dumped down and
all of the coins that i had owned had dumped too and made those profits poof in a short span of time.

Hodling is good but only possible for those coins which are really worth for you to hold but for alts? Its better to secure profits first and dont make yourself regret in the end.

Too much holding means you really don't have a plan, you don't sell because you don't plan on selling, everything in your mind is HODL, and sometimes that creates greediness in your heart that you might fail to sell at the right time.

Something we need to correct, me, I have learn in the past already and I'm sure when the bull run comes and I will see my target hit, I would not hesitate to sell because it's already stupid to make mistakes twice.

[blckhawk]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

It is a hundred percent fact. If you hold too much for a long time there's a high chance that you will miss a lot of opportunities. This is not the right thing to do, it would be more likely a greed. There's nothing wrong in holding and as a matter of fact, it is really profitable but you must have a limit, you gotta set your target sell. In my opinion, 10x or quite a few more would be enough. Once you saw Bitcoin in uptrend take an opportunity to sell and vise versa if it is in a downtrend.

[Chrystora123]

snip..

I don't like HODLing, I like scalping.  I'm not saying HOLDing is bad but being HOLDing for a long time will just waste an opportunity (as you said too).  just look at the last few days, the price of Bitcoin continues to spin at $ 19k then goes down to $ 15k then goes up again to $ 19k, and so on.  being a scalper is not that difficult, the key is to get rid of your greed and laziness, buy when the price drops then sell when you earn a little..

[CyberKuro]

Yeah, I could accumulate more bitcoin if have sold last the peak and buyback the dip at $3k. in 2017 I didn't sell at the ath, but thought it may recover or stay above $10k, well it didn't, so I missed the chance to get profits and more coins at the same time. If we can predict the bitcoin movement, at least 80% correct to buy and sell at the right time, even 60-70% is a big profit.

[carlfebz2]

If you are not a good trader then there is no need of holding if you have the knowledge and understanding on how the market works and you can takes advantage of the up and down and buy and sell at the right time then you should better to hold.

is an option that is easily accepted and is a solution for some people who cannot trade by holding it until the target price is reached.

But if as a professional trader or who already understands market movements, taking advantage of every ups and downs of prices will be very profitable, but not always profitable, there will definitely be a loss in some trades.

Trading is also not only up and down, but about emotions that can be controlled properly so as not to spoil the plan or strategy that has been made.

Sometime our plans won't coincide about the future, only wide imaginations tends to pull you down. Because of my emotions that is beyond my control expectations of much higher value, give me wrong decisions that I have regretted during the days of bullrun. Failure to trade my tokens, made me frustrated, thinking that the price would increase ten folds. That opportunities has gone after bearish market tends to initiate starting 2018 until present.

I do really admit that i do really hate up to remember those days where i do able to miss out those golden opportunities where i have might able to changed up my financial status life if
i did able to sell on that time.

We have bull run on year 2017 and almost all of the coins in the market are hyping up and with my greedy mind i did really tend to hold even more until the market had dumped down and
all of the coins that i had owned had dumped too and made those profits poof in a short span of time.

Hodling is good but only possible for those coins which are really worth for you to hold but for alts? Its better to secure profits first and dont make yourself regret in the end.

Too much holding means you really don't have a plan, you don't sell because you don't plan on selling, everything in your mind is HODL, and sometimes that creates greediness in your heart that you might fail to sell at the right time.

Something we need to correct, me, I have learn in the past already and I'm sure when the bull run comes and I will see my target hit, I would not hesitate to sell because it's already stupid to make mistakes twice.

Holding is still a plan though because simply holding doesnt mean that you arent planning something because there are holder thats do have specific price for them to sell
off thats why we cant really generalized just because you are holding does mean that you dont have any plans.

We do just differ on how we do handle up our portfolios because basing of with our own risk management thing then if we do saw that we arent sure on what we are doing
or not really that too confident on making steps then it is worth on just simply hold but of course.

Always consider on possible changes and sudden decisions of selling when you do see if the price is right for you to load off your bag.

[Botnake]

If you are not a good trader then there is no need of holding if you have the knowledge and understanding on how the market works and you can takes advantage of the up and down and buy and sell at the right time then you should better to hold.

is an option that is easily accepted and is a solution for some people who cannot trade by holding it until the target price is reached.

But if as a professional trader or who already understands market movements, taking advantage of every ups and downs of prices will be very profitable, but not always profitable, there will definitely be a loss in some trades.

Trading is also not only up and down, but about emotions that can be controlled properly so as not to spoil the plan or strategy that has been made.

Sometime our plans won't coincide about the future, only wide imaginations tends to pull you down. Because of my emotions that is beyond my control expectations of much higher value, give me wrong decisions that I have regretted during the days of bullrun. Failure to trade my tokens, made me frustrated, thinking that the price would increase ten folds. That opportunities has gone after bearish market tends to initiate starting 2018 until present.

I do really admit that i do really hate up to remember those days where i do able to miss out those golden opportunities where i have might able to changed up my financial status life if
i did able to sell on that time.

We have bull run on year 2017 and almost all of the coins in the market are hyping up and with my greedy mind i did really tend to hold even more until the market had dumped down and
all of the coins that i had owned had dumped too and made those profits poof in a short span of time.

Hodling is good but only possible for those coins which are really worth for you to hold but for alts? Its better to secure profits first and dont make yourself regret in the end.

Too much holding means you really don't have a plan, you don't sell because you don't plan on selling, everything in your mind is HODL, and sometimes that creates greediness in your heart that you might fail to sell at the right time.

Something we need to correct, me, I have learn in the past already and I'm sure when the bull run comes and I will see my target hit, I would not hesitate to sell because it's already stupid to make mistakes twice.

Holding is still a plan though because simply holding doesnt mean that you arent planning something because there are holder thats do have specific price for them to sell
off thats why we cant really generalized just because you are holding does mean that you dont have any plans.

Plan to hold? I think that is stupid without planning to sell, you'll only get the value if you sell, so a plan is necessary and that plan involves everything including selling at the right time.

We do just differ on how we do handle up our portfolios because basing of with our own risk management thing then if we do saw that we arent sure on what we are doing
or not really that too confident on making steps then it is worth on just simply hold but of course.

Handling your portfolio involves good planning, if you don't have that, you won't be able to initiate the sell.
Planning is the first stage of investing, it's done both in selling and buying.

Always consider on possible changes and sudden decisions of selling when you do see if the price is right for you to load off your bag.

Exactly, that's necessary in order to make a right plan and decision.

[bitmexscalper100x]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

It's true, you could always scalp a small account to get your fix and leave the long term positions alone.

But as they say, easy come easy go.

Check out my scalping video where i go up 146% in an hour on bitmex.

https://youtu.be/RlzeLc6foyk

[lixer]

I do not believe that it has to be mutually exclusive to do either of them. If you want to hold you can hold if you want to trade you can trade but if you want to hold and trade at the same time you can do so as well. For example if you have 10k, just put 5k in hold mode and put the other 5k in trading. Wouldn't that work?

I have to say I have never done something like that before so I can't say if this would be an idea that would work out or not, maybe someone who has done something like this could shed a light on the subject, however I believe it is definitely doable and that way you would both not miss opportunities but you would also end up with making a lot of profit with holding as well.

[kotajikikox]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

Because until now there are still Some folks that trying to tell People the story happens from 10 years ago when a Drop out student bought Bitcoin and let it there for long time until 2017 comes and he earn millions of dollars.

But these are just a Tails now and if you really wanted to earn then better gamble in opportunities "Buying Low Selling High".

While we believe that Bitcoin may reach even a million dollars in future yet that will count another years when we can at least add amount in our coins by buying and selling.

[XZERO1]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

That's true that you can miss opportunities if you keep holding, but when you say they could've sold at $20k or $15k the problem is that how do they know that's the top and it won't get another push to $50k for example?, and when is exactly the right time to sell?, you never know when to stop holding and it's the right time to cash out, for example for someone that bought Bitcoin at 100$ and sold it at $2k he still got 20x of his initial investment but he lost the chance to sell at $15k-$20k.

I'd say most people that don't trade regularly have a problem to find the best price to sell and maybe they have a bad experience selling too soon and missing out on most of the profit they could have, because of that they prefer to hold whatever they bought for long-term till it has a significant pump to like 100x or something and then they can sell so that they don't feel that much regret.

But I believe even though that strategy could work sometime you have to keep in mind when you don't sell something that already did like 10x and decide not to sell and wait more, it can as easily goes down to like 5x and you still have the more or less the same amount of regret that you didn't sell earlier, so in my opinion it's mostly based on luck more than anything else and that will be the deciding factor whether you made the right decision to sell/hold at that time or not.

[chip1994]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k? BTC didn't crash all at once and they had the opportunity to sell and wait for another opportunity. A $15k per BTC against a $500 BTC - means a 30x return itself. And BTC crashed to $3k, if not $3k, then these hodlers would have bought back at $6k which is even less than half of $15k as they would also have added a lot more liquidity to the markets with too much money on the table. Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

Your views are not clear about the general situation of the current holders, there are plan holders and blind holders. For me and my colleagues often hold plans and they have pre-determined prices at future selling prices. Therefore, it is very rare that there are cases of losses or no profits after a long period of investment.
Of course there will be other people with us, they hold blindly and without a plan but they are not always wrong. Think of a holder who has held Bitcoin from $ 5 and they have accepted to hold over 7 years until now. Do you think they failed? They are even more profitable than we are

[jaberwock]

If you are someone who thinks that holding is not for you, go ahead do whatever you want, but do not try to paint holders as some people who are idiots to fail to see the possibility of seeing a more profitable way. We are not idiots, we are just people who are a lot more conformist about our ways in investing and we would like more guaranteed profit with a lot less risks involved when we are trying to make a profit.

Moreover, we live in a world where money is so valuable that you could literally die from poverty, so there is no reason to put added risk towards our wealth in the future and that is why we pick holding over trading. If we were to believe that we could trade and make the same kinds of money, we would have done so easily.

[Wawa2013]

It is true that too much holding eliminates the opportunity to get a profit, because we really have to be able to have a sell target.
Therefore it is very important to use the SL and TP features when deciding to trade, so we can get profit when our sell target is reached.
Most traders nowadays don't take profit when the price has gone up, they are greedy to get even bigger profit and decide to hold.
Finally, the price immediately fell and the opportunity to get profit was lost.

[Ryker1]

It is true that too much holding eliminates the opportunity to get a profit, because we really have to be able to have a sell target.
Therefore it is very important to use the SL and TP features when deciding to trade, so we can get profit when our sell target is reached.
Most traders nowadays don't take profit when the price has gone up, they are greedy to get even bigger profit and decide to hold.
Finally, the price immediately fell and the opportunity to get profit was lost.

Well, that is your opinion.
Can you give a meaning of this ^[SL] and ^[TP]? To honest, I disagree, -- why?
I am holding my bitcoin until now and that is not being greedy if you will wait a perfect time when it comes to the point that the new ATH will come. Perhaps, holding coins like altcoin or perhaps consider as a ^[shitcoin], I will not hold a long time, because they are not a kind of investment that you will hold in the long run. Bitcoin for me is deserving to hold for a long time purpose and I won't consider this as a stealing opportunity, --I know the time will come bitcoin always has a new ATH.

[Botnake]

It is true that too much holding eliminates the opportunity to get a profit, because we really have to be able to have a sell target.
Therefore it is very important to use the SL and TP features when deciding to trade, so we can get profit when our sell target is reached.
Most traders nowadays don't take profit when the price has gone up, they are greedy to get even bigger profit and decide to hold.
Finally, the price immediately fell and the opportunity to get profit was lost.

Well, that is your opinion.
Can you give a meaning of this ^[SL] and ^[TP]? To honest, I disagree, -- why?
I am holding my bitcoin until now and that is not being greedy if you will wait a perfect time when it comes to the point that the new ATH will come. Perhaps, holding coins like altcoin or perhaps consider as a ^[shitcoin], I will not hold a long time, because they are not a kind of investment that you will hold in the long run. Bitcoin for me is deserving to hold for a long time purpose and I won't consider this as a stealing opportunity, --I know the time will come bitcoin always has a new ATH.

That's the term in trading, if you have been trading consistently, you should know that term.

SL stands for STOP LOSS ORDER
TP stands for TAKE PROFIT ORDER

[bhadz]

It is true that too much holding eliminates the opportunity to get a profit, because we really have to be able to have a sell target.

I don't think so. It doesn't lose the opportunity. What if you've held since 2018 and you still hold it until today? that's too long for some people.
Will you consider that as a lost opportunity for making profit? if the price of bitcoin you've bought is $3000 and held it until $19000. And the same for early this year for the month of March. Bought it around $4000 and held it for several months until it has reached $19000.

[palle11]

It is true that too much holding eliminates the opportunity to get a profit, because we really have to be able to have a sell target.

I don't think so. It doesn't lose the opportunity. What if you've held since 2018 and you still hold it until today? that's too long for some people.
Will you consider that as a lost opportunity for making profit? if the price of bitcoin you've bought is $3000 and held it until $19000. And the same for early this year for the month of March. Bought it around $4000 and held it for several months until it has reached $19000.

Anyway this year's hodling is profiting for many that did. It went so deep as you mentioned to 3,000 and within a year, it had a profit of 16,000 which is a great profit . The internet business and transaction are becoming the easiest way to have some financial freedom if you learn to strike with given opportunity just from home.

[bhadz]

It is true that too much holding eliminates the opportunity to get a profit, because we really have to be able to have a sell target.

I don't think so. It doesn't lose the opportunity. What if you've held since 2018 and you still hold it until today? that's too long for some people.
Will you consider that as a lost opportunity for making profit? if the price of bitcoin you've bought is $3000 and held it until $19000. And the same for early this year for the month of March. Bought it around $4000 and held it for several months until it has reached $19000.

Anyway this year's hodling is profiting for many that did. It went so deep as you mentioned to 3,000 and within a year, it had a profit of 16,000 which is a great profit . The internet business and transaction are becoming the easiest way to have some financial freedom if you learn to strike with given opportunity just from home.

It did for me and I'm also a holder. There are ways to become financially free but with cryptocurrencies, you need to have a strong hands.
Weak hands have no place for this market and you're likely to lose. And that's why holders always gets rewarded through our patience.

[Lorokan]

Too much of everything is bad, so literally too much hodling will cost you opportunities; and the opportunities are as follows; opportunities to cash out and take profits; opportunities to sell high and rebuy at low rate; opportunities to reinvest etc. One thing that is contrary is that if you believe in the reasons why you are hodling; then there won't be any troubles; for example Bitcoin is bullish on the long term, do your own research

[error08]

Too much of everything is bad, so literally too much hodling will cost you opportunities; and the opportunities are as follows; opportunities to cash out and take profits; opportunities to sell high and rebuy at low rate; opportunities to reinvest etc. One thing that is contrary is that if you believe in the reasons why you are hodling; then there won't be any troubles; for example Bitcoin is bullish on the long term, do your own research

Indeed, for people who want to take profits whenever the price increase, sell at a higher price and then buy back after bitcoin corrected.
Nonetheless, it's not that easy to predict when bitcoin reaches the peak, whether it will continue to increase or will decrease, so we need to set a goal of how much %profits we want in order to avoid loss or regret when the price heading in a way which is different from our predictions.

[santiPOGI]

Holding in the long term is not a bad things to do, in fact, holding is really good even you are a newbie or noobs especially if the coin you choose to buy is one of the potential in the market like ETH, ADA, Vet, Xrp, Xem, and of course Bitcoin. And it could be stealing opportunities if the coin you choose is wrong or not potentials.

[Astvile]

For noobs, HODLing is a term used for "holding" your assets (here: Bitcoins) for a very long time. But, isn't it true that those who bought it at $500 once should have sold it at $20k peak, and if not, why didn't they sell at $15k?

We have our own targets on taking profits. I'm sure most people sold some at $15k to take profit and re entry when bitcoin dipped below $15k. For me my goal for next selling is the new ATH @ around $22k is the spot that I'll be selling my bitcoins now.

Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

It is true, that's why you should always split funds between hodling, trading, buybacks or any good opportunities in some altcoins circulating now. Opportunities are passing by everyday if you go all in on hodling, just like @Lorokan said too much of everything is bad.

[lifeOK]

Nothing wrong too much HODLing if the things going according to the plan. I'm taking about Bitcoin, Ethereum stick strongly you won't lose in the long run. What is going to happen next? Does anyone have any ideas whether market ups or down? Sounds like tough but being defensive always right.

[rat03gopoh]

Trading is better than holding if you're aware of it.
I think taking advantage of high cryptocurrency fluctuations can collect more and faster rpofits than holding them back waiting to hit ATH. ATH is unpredictable, but market patterns are predictable (at least).

[huiji2011]

For me，it is not i like hold，but i have to，because if there have a profit，i would sell sooner or later. But if i lose, usually  i don't sell.i would hold till the day it is profitable. I only sell a losing coin if I'm very bullish on it and I don't have enough money.

[carlfebz2]

Isn't it that if you hold too many altcoins there will be a lot of profit you will achieve?
But if you hold too long, the risk of miss a pump in another altcoin will also be high,
so make sure you hold good coins.

Of course! When you do tend to hold a coin then you are already assuming that it is a good one on where you do see its potential rather than making out some random
selection which would really be a suicide.

If you can hold lots due to huge capital of yours then its your choice but unplanned selection wont really be always ending up on a happy ending
but rather a devastation.

You should know on when to sell out because if you dont then you would really be missing out lots of opportunities to make money.

[Mpamaegbu]

Isn't it true that too long a hodl can stop you from taking great opportunities while sitting dumb and waiting for a specific target?

It can, actually, deter opportunities. But the truth remains that no one can tell when an opportunity presents itself. If we know all these, that makes us humans omniscient then and all-knowing. We become God, and this isn't possible. No one sees a clear opportunity on legit issue and refuses to take it. I have missed a few opportunities too myself holding tokens I should've sold and the tokens never went back to the soared price. It went crashing like a stone left to fall from a 10-storey building.

[bearexin]

^There are not that many ways that you can guarantee people profit if you focus on just trading, after all if it was easy to trade and make money with it that would mean people would do that constantly but they are not doing it constantly, why? Because it is not easy to do. Which is why I would like to suggest that if you want to hold you should hold since it is harder to make money in any other way; obviously it is "possible" to make money in any other way as well, it is just not easy.

The easiest way to make money with bitcoin is just constantly keep buying as much as you can anytime you have money and that way you could potentially get very rich with minimum risk, anything else you want to do and you are risking yourself losing too much money in the mean time.

[boyptc]

For me，it is not i like hold，but i have to，because if there have a profit，i would sell sooner or later. But if i lose, usually  i don't sell.i would hold till the day it is profitable. I only sell a losing coin if I'm very bullish on it and I don't have enough money.

Very basic strategy.

That's what I do even before the pump to $19k, I've sold many times for the profit and never think of it anymore. Because those times, I'm in profit so whether if we compare it with today's price and it's lower, I'm still in profit by that time.

And in selling, if you're not in profit, you sell at loss then you're really at loss. But if you're portfolio is at loss and you just hold, you're not in total loss.

[TheGreatPython]

Holding in the long term is not a bad things to do, in fact, holding is really good even you are a newbie or noobs especially if the coin you choose to buy is one of the potential in the market like ETH, ADA, Vet, Xrp, Xem, and of course Bitcoin. And it could be stealing opportunities if the coin you choose is wrong or not potentials.

But, the question is because of holding (which is great, no doubt) we are missing the chance of making recurring profits because we can easily sell at higher price and buy at cheaper when a drop happens. It is a very tricky situation because one wants to have maximum value for the assets they hold but because of the volatile and up and down nature of the price of bitcoins, I agree that holding for too long takes away the chances of trading.

Maybe one can sell some amount and re-invest the money gained when a drop happens. For example, you bought originally for $10k then you can sell at 15k 50% of coins and wait for the dip to happen and like say you can buy again at $12k and repeat the process.

[Genemind]

True, holding for too long is not advisable because you'll be missing a lot of opportunities to earn. The market moves sideways due to volatility and from there you can earn little by little. Holding for too long will work if you are really passive in trading or just an investor who doesn't trade at all. I've missed a lot of opportunities to earn because of holding not just bitcoin but altcoin as well which made me lose an opportunity for selling it at a better price and buying back when the price goes down.

[tbterryboy]

Trading is better than holding if you're aware of it.
I think taking advantage of high cryptocurrency fluctuations can collect more and faster rpofits than holding them back waiting to hit ATH. ATH is unpredictable, but market patterns are predictable (at least).

You see its complicated because imagine someone who HODL bitcoins 10 years ago will have enormous profits while someone who would trade by selling and buying will never make close to the guy who just held and waited for years.

Isn't it that if you hold too many altcoins there will be a lot of profit you will achieve?
But if you hold too long, the risk of miss a pump in another altcoin will also be high,
so make sure you hold good coins.

For altcoins one must never hold for too long unless the coin is something like ETH,XRP,TRX, etc because most of the coins will die at a certain stage and one who holds too long is left stranded without any hope. But for bitcoins we can hold because the price goes down I agree but it jumps back and touches new highs every time.

[TheUltraElite]

yes indeed, because if you hold only one coin, it is just a waste of time,
you have to put a lot of coins in your portfolio, and wait for the price to reach the target.

Holding bitcoin is not a wrong thing to do. The logic is very simple, bitcoin is the only coin that is being useful in the shops as a first choice for places where it is somewhat legally tradeable. Next the altcoins are all based as copy-cats for bitcoin and their basis of pumping is "second" or "third" to bitcoin - with a delusional belief on it becoming the next bitcoin - we all know that never happens.

Hence you may wish to hold other coins too but that is a personal choice for being bullish on something other than bitcoin. Someone may be bullish on something from a different sector too - dont waste money on altcoins then, move to the other traditional markets.

"Stealing opportunities" - disagree to this. These markets are based on speculation and there are several opportunities. We must admit that we often fail to recognize them.

[Botnake]

"Stealing opportunities" - disagree to this. These markets are based on speculation and there are several opportunities. We must admit that we often fail to recognize them.

It is based on speculation, you are right with that, however, if you are discipline enough to hold, you should not fail because the market can be bullish as well. Just make it simple, if you hold for long term, you need to ensure a target is already in place, for example, you buy bitcoin at $19k and you plan to sell it when bitcoin rises to $100,000, then you have to hold until that time will come, otherwise, that's the real meaning of missing the opportunity.

but, first, you need to believe that bitcoin could reach $100,000, when you are convince, holding until that time will come should give you an ease.

[bearexin]

It is true that too much holding eliminates the opportunity to get a profit, because we really have to be able to have a sell target.

The problem with selling and buying again is that not everyone knows what is the best time to buy and sell bitcoins. I mean someone who bought at $3k might gladly sell at 20k but might never get a chance to buy again at even 10k and hence people just hold what they have already purchased instead of selling and buying again.

it is very important to use the SL and TP features when deciding to trade, so we can get profit when our sell target is reached.
Most traders nowadays don't take profit when the price has gone up, they are greedy to get even bigger profit and decide to hold.

I think for people who have trading knowledge they can do that but for people who lack trading knowledge and aren't sure when they should sell and buy, the best option for them is to just hold the coins they have.

[Lordhermes]

True, holding for too long is not advisable because you'll be missing a lot of opportunities to earn. The market moves sideways due to volatility and from there you can earn little by little. Holding for too long will work if you are really passive in trading or just an investor who doesn't trade at all.

That's the point a holdler will know the rule of "take profits" no matter the little amount, I know holding takes opportunities but the smallest profit made so far should be sold out for any other opportunities that comes in at the latter while you keeps holding, but the different case is holding to recovery funds, while others are gaining. The only way to win this holding rat race is to sell the little profit made by using it to partake in the upcoming opportunities.

[BTCappu]

"Stealing opportunities" - disagree to this. These markets are based on speculation and there are several opportunities. We must admit that we often fail to recognize them.

It is based on speculation, you are right with that, however, if you are discipline enough to hold, you should not fail because the market can be bullish as well. Just make it simple, if you hold for long term, you need to ensure a target is already in place, for example, you buy bitcoin at $19k and you plan to sell it when bitcoin rises to $100,000, then you have to hold until that time will come, otherwise, that's the real meaning of missing the opportunity.

but, first, you need to believe that bitcoin could reach $100,000, when you are convince, holding until that time will come should give you an ease.

Being disciplined enough to hold as long as you have to will bring you profit no matter what, that is a guaranteed way to make a profit in crypto world. However do not forget that we are talking about crypto and prices do go down and up and down and up constantly, which means even if you know that you are going to definitely make a profit from just holding, that is not the only way to make money and that is why people want to make some profit from trading as well.

If you could make a profit from direct increases that is great for you, but if people could make 2x more profit from buying and selling constantly everyday that would be better. Both of them are possible and none of them are a wrong way to go, it is just a difference of patience and also there are more risks involved with trading.

[Quidat]

True, holding for too long is not advisable because you'll be missing a lot of opportunities to earn. The market moves sideways due to volatility and from there you can earn little by little. Holding for too long will work if you are really passive in trading or just an investor who doesn't trade at all.

That's the point a holdler will know the rule of "take profits" no matter the little amount, I know holding takes opportunities but the smallest profit made so far should be sold out for any other opportunities that comes in at the latter while you keeps holding, but the different case is holding to recovery funds, while others are gaining. The only way to win this holding rat race is to sell the little profit made by using it to partake in the upcoming opportunities.

Its a must but there are people who do really love play safe and doesnt really like to deal with moving prices from time to time.
They do care on how much they do earn totally into their investment without even minding on how much they had potentially earned
if they do keep on selling when they are in gains in a short span of time.If we do try to accumulate those gains then it is way more than
on the amount that you can really gain when you do just simply holding.Well, its peoples decisions to held up their investment but
for sure they are on that time when they realized that making money wont really be worth for the wait.

[iamsheikhadil]

Since we can't predict the price of Bitcoin at any time, we can't really say that once Bitcoin hit a very big value, it won't crash or go way up. If I find Bitcoin intrinsically valuable, no matter how much profit I can make, I'll not sell it for little profits even if I think the value would drop again for me to have buying opportunity. Bitcoin never went back to 3 digit value in dollars, so once there's a bull run, predicting and trading on it is way risker than holding the coins.

[jrrsparkles]

"Stealing opportunities" - disagree to this. These markets are based on speculation and there are several opportunities. We must admit that we often fail to recognize them.

It is based on speculation, you are right with that, however, if you are discipline enough to hold, you should not fail because the market can be bullish as well. Just make it simple, if you hold for long term, you need to ensure a target is already in place, for example, you buy bitcoin at $19k and you plan to sell it when bitcoin rises to $100,000, then you have to hold until that time will come, otherwise, that's the real meaning of missing the opportunity.

but, first, you need to believe that bitcoin could reach $100,000, when you are convince, holding until that time will come should give you an ease.

Exactly, one who wants to invest on the cryptocurrency should be ready to face the consequences in first place because without taking risk nothing can be achieved in this investment sector. And also how long we can hold matters more than simply holding, in 2017 people bought Bitcoin at 6K as well as 20K so if you bought at higher price then you maybe supposed to hold longer than others.

[Hamphser]

"Stealing opportunities" - disagree to this. These markets are based on speculation and there are several opportunities. We must admit that we often fail to recognize them.

It is based on speculation, you are right with that, however, if you are discipline enough to hold, you should not fail because the market can be bullish as well. Just make it simple, if you hold for long term, you need to ensure a target is already in place, for example, you buy bitcoin at $19k and you plan to sell it when bitcoin rises to $100,000, then you have to hold until that time will come, otherwise, that's the real meaning of missing the opportunity.

but, first, you need to believe that bitcoin could reach $100,000, when you are convince, holding until that time will come should give you an ease.

Exactly, one who wants to invest on the cryptocurrency should be ready to face the consequences in first place because without taking risk nothing can be achieved in this investment sector. And also how long we can hold matters more than simply holding, in 2017 people bought Bitcoin at 6K as well as 20K so if you bought at higher price then you maybe supposed to hold longer than others.

Had bought on the peak will really leave you have no choice but to hold your assets and wait up for the recovery but most people wont really be ending up on holding but rather
they do mostly done on panic selling which is common.Thing here is that they can actively deal with price movement rather than just waiting up for the recovery which
theres a definite time for it to happen.

If you are really that serious on making profits then dealing with price in a short span of time will be ideal.Holding on a coin which you do seem worth to do so will be up into
your choice but be sure that you do know on when to sell out when its on proper time.

[boyptc]

Since we can't predict the price of Bitcoin at any time, we can't really say that once Bitcoin hit a very big value, it won't crash or go way up. If I find Bitcoin intrinsically valuable, no matter how much profit I can make, I'll not sell it for little profits even if I think the value would drop again for me to have buying opportunity. Bitcoin never went back to 3 digit value in dollars, so once there's a bull run, predicting and trading on it is way risker than holding the coins.

Although I agree with most that you have said. But it's ok to take little profits if you want to spend it. I've been doing that and still kept myself onto the phase of holding the most that I've got.

Trading is totally riskier but also rewarding but if it's just the same reward as we get for holding, it's only patience that we need.