HODL ₿itcoin for Life, not for Lifetime.

[elisabetheva]

I agree with your opinion cause i saw bitcoin up down in 2017 to 18.  Now we should sell btc and start real life business. Today bitcoin price is high but this price is not stable for long life. So i tell don't hold today for life time.

what you say is clearly different because the events of 2018 are not the same as this year, where there was no correction at the beginning of this year, instead it continues to increase and even continues to grow making ATH renewable. this indicates that bitcoin has experienced a very good increase.

If you sell it, it is clear that you are at a loss, other than if you get bitcoin since 2018, you can let some of it loose, because you have already received a fairly large value, but it is not advisable to sell everything.
Please remember that the increase in bitcoins will still take a long time and possibly until the end of the year, so you can imagine how much value will happen to bitcoins, and what if you don't have any more bitcoins, because you have sold all.

[pawanjain]

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?

Dependence is the key here. If you wait for bitcoin or any cryptocurrency or any asset to reach a specific price so that you can do something out of it and if the price crashes before that is when you will face the biggest trouble. So just cash out whenever there's a need. If you don't use it in times of need then there's no point of holding it.
When there's no dependence, even if it crashes multiple times won't matter since you won't be encashing it in crashes anyway.

[bandungan]

for me, having bitcoin depends on our needs, if our needs can be covered using money other than bitcoin we can hold bitcoin for the long term. but if we are forced to use bitcoin to live, I think it is not a problem to sell 10% bitcoin for a life for nothing to lose

[doctor877]

holding for a lifetime should not be at the expense of a dear life. we humans always want more even after meeting a target, its what everyone does. this same thing happened to me likewise many times while i hold a token that is mooning but i refuse to take profits and then next time it will dip and i will sell below what i should have sold back then. the point is to just be satisfied with whatever profit you realize especially when you have it attached to important things which are offline.

[Raflesia]

holding for a lifetime should not be at the expense of a dear life. we humans always want more even after meeting a target, its what everyone does. this same thing happened to me likewise many times while i hold a token that is mooning but i refuse to take profits and then next time it will dip and i will sell below what i should have sold back then. the point is to just be satisfied with whatever profit you realize especially when you have it attached to important things which are offline.

What to hold on to for life don't we want bigger profits in the short term? If we have held it for a long time while the target has been reached, it means that we need to sell it if we want the price to continue to be high then it can be called greed that has no end, of course it will require funds at any time when offline, therefore with the target already of course and also the price has become good after selling, so there we are always grateful for what we have done, if we only see in terms of prices to keep going high then there is no end to whenever.
Bitcoin must have had a time when it was bearish, so there we must be prepared for all the conditions if it is strong to hold on for longer.

[rdbase]

This is a quite a peculiar thread I have read here in a while on the forums.
HODL was a meme statement created out from a user who misspelled the word hold and they rolled on it from there pertaining to the crypto markets.
Now to me holding is different from HODL'ing because they basically mean to different things and to all different people.
So this argument would never ever be resolved in this lifetime.
To have a play on words!

[milewilda]

holding for a lifetime should not be at the expense of a dear life. we humans always want more even after meeting a target, its what everyone does. this same thing happened to me likewise many times while i hold a token that is mooning but i refuse to take profits and then next time it will dip and i will sell below what i should have sold back then. the point is to just be satisfied with whatever profit you realize especially when you have it attached to important things which are offline.

What to hold on to for life don't we want bigger profits in the short term? If we have held it for a long time while the target has been reached, it means that we need to sell it if we want the price to continue to be high then it can be called greed that has no end, of course it will require funds at any time when offline, therefore with the target already of course and also the price has become good after selling, so there we are always grateful for what we have done, if we only see in terms of prices to keep going high then there is no end to whenever.
Bitcoin must have had a time when it was bearish, so there we must be prepared for all the conditions if it is strong to hold on for longer.

Would really be a never ending situation because we would really be always looking for something much bigger and that would really be on infinity because we wont know on far we would able to go.
Therefore, we should really be setting a specific target on when we do take out profits.It isnt really bad to held up for years but it would be worth that you would able to enjoy and cherish those profits
while you are still able to make out some travels or do enjoy on things in life while you are still young rather than on holding like forever where those profits of yours wont really be able to enjoy for yourself.
This is just a matter of personal preference though since its their money then we cant really stop if they do have those kind of aims for their investments.

[Bilgent]

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?

I agree with this very much really. Being greedy is one of the worst and most damaging things for a person who invests in a cryptocurrency. HODLing is the most sensible thing to do especially if you have some amount of Bitcoin. You should wait patiently for a few years if necessary and you will get the reward for your patience. Otherwise, you will probably be very regretful for wanting more and not selling at the right time as it happened to me once.