HODL ₿itcoin for Life, not for Lifetime.

[lepbagong]

Most of us would probably hold bitcoin for a long time and probably a lot of users here would believe that the bitcoin market price will continue to pump in the coming years.

I mean it would still hurt when you sell your bitcoin early and then the price pump after 2-5 years it would still feel like you lose some profit, I think the best method is just to sell a small portion every time the price pump.

With that, you still have bitcoin in the coming years as an investment and you never know you could die and never spend your bitcoin may be for your family but treating yourself is still important.

surely that will happen because indeed bitcoin is a long-term investment, although lately it has also penetrated into a short-term investment. theoretically will hold bitcoin but we know that early last year the world was rocked by a pandemic, may no longer hold because it was released for other purposes.

yes, many are disappointed because they know that currently the price of bitcoin is very high and they sell when the price is still low, but as I said above, there is no choice because necessity is also very important during a pandemic. perhaps those who still hold onto those who are not in trouble.

what you are saying is a very wise solution, if you want to sell a little from when the price increases, and you can continue to hold bitcoin. Of course that is the correct theory if it can be applied if the pandemic did not strike last year.

[shoreno]

I have thought with my bitcoin HODL for Life for the education of my youngest nephews.
Although if I decided to have my own business also HODL for Life bitcoin because I would be giving use cases to the coin.

your a verry good guy because you are not solely holding btc to earn a profit for your own good but you are also thinking of the future of your nephews .

education is long especially if your nephews are still young therfor it needs a solid holding of bitcoins because you are aiming for a big profits to support your nephews education in the long run . its also nice that you want to use btc in your btc but what kind of business would that be ?

[Janation]

For life obviously.

I am not saving my cryptocurrencies for my family or my children since I have my job salary for that. I am saving cryptocurrencies because I want to and to be able to use them in the future. If I will be saving it for my lifetime, then I would be really uncertain since I never know the span of my lifetime, I will not be able to enjoy that profits, it is not worth it.

[jaresmerel001]

It sounds easy and possible, but it's really hard in practice because all investors are in for long term investment but are looking for periodic returns instead. The value of bitcoin dropped so drastically, particularly during the last bear market, that users began to assume it would go to zero and we had so many negative bitcoin articles that made it really hard at that time to hold on bitcoin. Now people will not repeat the same mistake and kudos to those who, during the bearish market, managed to hold on to their investment.

[ttcsalam]

Most crypto users are familiar with the HODL (Hold On for Dear Life). It's a good thing if you can HODL. I want to say HODL for dear life, not for lifetime. There is a reason why am I saying that. During the last bull run in 2017, I had more than enough funds to start a real life business by selling my Bitcoin. And to be honest, starting a real life business was too important for me since I was doing a job abroad. But sadly, I was greedy and had been waiting for more bumps. Eventually, I regret and now I can't do anything with that fund since bought a dew worthless shitcoin.

So if I HODL for dear life, then I should sell it for my need. Even I would won more BTC now since there were many opportunities when bitcoin dropped up to $3K.

What's your opinion? Should we HODL for Life or for Lifetime?

Dear sir I have a  practical expariance same to you i enter the market fast time this time BTC was 3200$.I have invest some money for hold BTC Long time but my close friend tell me give me your money i will do trade and give you some profit.I have no idea about BTC this time i have give my all of money that was price .50 BTC. After some day i feel need my money But my friend  Betrayed faith with me.and loss my all of money.so i will give you suggest some cash and some investment can do every one if have any problem you can face the problem with your cash.

[illete]

Actually HODL for long run of bitcoin or indeed litecoin of an financial specialists and dealers were depend upon the direness of needs or circumstance of a client. Cryptocurrency contains a part of point of view utilize but as of the interim this was being employments as a portion time source of wage of a few of us here. Some of the time hodling were not prudent in case the chance of exchanging within the advertise were completely great for exchanging. Conjointly , actually i didn't hodl litecoin for long time, i would incline toward bitcoin for a long term venture.

[Ewox]

In my opinion, I’d HODL for life but not for a lifetime. I already put my mindset that whenever my holdings reach a certain goal I either decide to sell some of them or hodl again for like 4-5years and see where it goes from there. I even  withdrew some of my holdings last 2017 because I needed to start a business and paid my daughters high school tuition too; so its a life to me not for lifetime.

[Peanutswar]

Well, we have different perspectives in terms of investment. Some of them or us would like to just invest a low market amount and wait for a long time and if they think they already made a profit they pulled it out without hesitation again the market is volatile anything can happen in just a single day or weeks. Few of us wants to hodl their coin because they trust those to earn more profit once they keep those coins this kind of people tests their selves on the things that happen on their investment. You can hold it for over a year we all know that every halving there is something that happens on the coin which is the pump for years and an accurate amount of earnings.

[veznata]

in the past i made 2 mistakes - didn't sell at 2017 end and hold too much altcoins. now I am 100% in BTC. Also I will stick to my plan no matter wrong or right it will be. will sell all at 100K hoping to buy back later at 25-30K. we don't know what the future brings for us but have to stick to the most probable scenario. even if it is not the best decision sticking to a plan will not hurt that much in case you lose some money. by the way it seems climbing to new ATH may have started today.

[pinggoki]

HODL bitcoin for life is just like holding bitcoin to have a better life not just hold bitcoin for lifetime. If you hold bitcoin for lifetime and treat it as a gold that every century the price is going to up in which it is because of the authenticity of the gold but bitcoin is not the same as we are thinking, bitcoin is very volatile in which it may go up or go down in just blink of an eye so what we need to do is to just hodl our coins and pull out when we feel that we get our profit already.

[Coinsfera]

For life obviously.

I am not saving my cryptocurrencies for my family or my children since I have my job salary for that. I am saving cryptocurrencies because I want to and to be able to use them in the future. If I will be saving it for my lifetime, then I would be really uncertain since I never know the span of my lifetime, I will not be able to enjoy that profits, it is not worth it.

Yes, you are right. As more and more people see the foundations and returns of Bitcoin and especially, Blockchain technology, it will be used not only for investment but as the most convenient payment method in the near future.

[Actis]

I actually do much prefer trading than holding specially with some altcoins as its volatile, you earn from its volatility

[romero121]

HODL bitcoin for life is just like holding bitcoin to have a better life not just hold bitcoin for lifetime. If you hold bitcoin for lifetime and treat it as a gold that every century the price is going to up in which it is because of the authenticity of the gold but bitcoin is not the same as we are thinking, bitcoin is very volatile in which it may go up or go down in just blink of an eye so what we need to do is to just hodl our coins and pull out when we feel that we get our profit already.

Yes, there is difference between gold and bitcoin. By the time we need to think about an that can change the life of our generation. With Bitcoin everything is upon trust, but at times the market volatility stands as a big question on lifetime holding. However as we leave behind our earnings for our generation, leaving bitcoin will also serve to be an investment. Maybe right now it doesn't look promising, but when things go mainstream the scenario differs.

[buwaytress]

in the past i made 2 mistakes - didn't sell at 2017 end and hold too much altcoins. now I am 100% in BTC. Also I will stick to my plan no matter wrong or right it will be. will sell all at 100K hoping to buy back later at 25-30K. we don't know what the future brings for us but have to stick to the most probable scenario. even if it is not the best decision sticking to a plan will not hurt that much in case you lose some money. by the way it seems climbing to new ATH may have started today.

If in your whole time in Bitcoin you've only made 2 mistakes, you're one of the really lucky few to have mistakes you can count on one hand.

Besides, your 2017 "mistake" is now worth 250% of what it was then, at the very least. Shall we now narrow down your mistakes to the sole one (holding altcoins?).

Mind you, all these "hope to buy back later" could be your biggest mistake. Aim for an exit regardless of market situation. That means two exits: take profit and stop loss.

[GideonGono]

Most crypto users are familiar with the HODL (Hold On for Dear Life). It's a good thing if you can HODL. I want to say HODL for dear life, not for lifetime. There is a reason why am I saying that. During the last bull run in 2017, I had more than enough funds to start a real life business by selling my Bitcoin. And to be honest, starting a real life business was too important for me since I was doing a job abroad. But sadly, I was greedy and had been waiting for more bumps. Eventually, I regret and now I can't do anything with that fund since bought a dew worthless shitcoin.

So if I HODL for dear life, then I should sell it for my need. Even I would won more BTC now since there were many opportunities when bitcoin dropped up to $3K.

What's your opinion? Should we HODL for Life or for Lifetime?

Yes it should be HODL for life not a lifetime,
We should sell it for our needs that is why I am investing and saving in Bitcoin to use it whenever I need it and to gain profit by holding my savings.

[Matimtim]

Im absolutely agree with your topic title, yes we need to use our money in our life, because the reason why we all want to earn money is yo support our all needs, and family needs so if you're going to hold your bitcoin for life, what the use of it? Having more money without using it and enjoying it is nothing and that is silly.

We want to earn money in this owrld to enjoy  the life of being human, not to hold that money for lifetime.

[Trinx01]

Thats true, We have to hodl for life and not for a lifetime. If we are going to invest or hold bitcoin then we have to set a value of bitcoin before we pull it out so we could expect how much interest we could gain from that. Set the value in possibility, if you think that your profit is already enough for you to create a business and save money in the future then I think that is the right time to take all of your investment. We hodl for the future, to earn money and have a stable life and not to hold it forever. Remember that there is always a bad thing that could happen to everyone, we should be aware of that.

[leoagro]

That's why I hodl bitcoin and some other coins on my ownr and trust wallets. Of course, I do trading every day. But hodl for me is like a way to earn my retirement.

[Hamphser]

It's very hard to stop hodling as you always expect for the upper price but these corrections sometimes comes so unexpectedly that you can't but hodl again or finally sell if you suddenly needs money for life. Nevertheless one of the main rules in crypto trading is not to regret about the lost opportunities. No one is uninsured from extraordinary life circumstances.

This is what im doing when i do saw opportunities in front of me or simply when i do see gains or profits then i do immediately sell and i do only hold not tending for lifetime but waiting
for a specific time for me to do so.

Im not that rich or does hold lots which means i do need to utilize the movement of this market for me to make money.Im not depending on it though but its really a good add up
on using it on some expenses.

As long it do able to help me to sustain then i would definitely continue on what im doing.

[Vishnu.Reang]

It's very hard to stop hodling as you always expect for the upper price but these corrections sometimes comes so unexpectedly that you can't but hodl again or finally sell if you suddenly needs money for life. Nevertheless one of the main rules in crypto trading is not to regret about the lost opportunities. No one is uninsured from extraordinary life circumstances.

In investment circles, there are techniques to prevent such unexpected losses and to take care of volatility. One option is to go for a SIP (Systematic Investment Plan). You can purchase or sell a certain number of coins every month. If you want to increase your holdings, then you can go for a certain amount, say $100 per month. So you will purchase more coins when the prices are low and less coins when the prices are high. Similarly, the same can be done for selling as well. You can sell a certain amount of coins every month, which will act as a buffer against extreme volatility.