HODL ₿itcoin for Life, not for Lifetime.

[Twentyonepaylots]

-snip-
i completely agree with you, hodl for dear life and not for a life time, and i resonate with your 2017 experience because i was in same dream land thinking it will go even higher, in my case i was holding some alts that did really well back in 2017, i was too greedy or too stupid to sell, or perhaps i was fascinated with the size of my wallet that i forgot to do the important thing , anyways all in the past now,  it is important for us to know and recognize the right time to sell and stop being a life time holder.

Being a lifelong holder will be in vain because no transactions will be made, profit can be taken. Being a good holder certainly has a predetermined target price. Selling part of it and then buying it again would be better because there will be a profit.

I agree on this, being just a holder require less skill than trader but it does not end there, being a holder also requires the capability of knowing when to jump in and out, thus giving every holder to maximize profit from merely buying and selling at the perfect time. Having a target price is a must, not just "I'll sell when it increases" specific target price gives you an ease of mind or giving a kind of regret.

Selling at the highest price is certainly the best point, but we also have to have a sense of complacency with the benefits that have been obtained, if you sell too early then that's what you get. Don't be sorry and don't be too greedy.

Uncertainty with crypto is our biggest enemy, timing is crucial during the bull run, better to sell at your satisfaction, don't run for more, be safe!

[1715218502]

1715218502

[1715218502]

1715218502

[1715218502]

1715218502

[1715218502]

1715218502

[1715218502]

1715218502

[abel1337]

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?

Hodl for life of course. I HODL bitcoins again for somehow a year now and I have the same experience of you hodling up too much and regretted it. I treated hodling a bitcoin as an investment because I believe that bitcoin worth will be precious in the later years but we should be definitely HODL smart and manage the bitcoin we are hodling. I hodl bitcoin for the profit I can make in it and losing the opportunity in making its money is a regrettable decision I made on the last ATH.

[CODE200]

It is advisable to hold but sell if you must, as simple as that.

In my opinion, the consensus is that of a HODLing position. If you can hold and hold for as long as you can, unless life throws you down. With so many indicators around we have seen that year on year BTC has provided nothing but an upwards trend.

Take this and apply it to a market visible in the next 5 years and that investment if you managed to HODL would have made you more than any other "passive investment" could ever make you.

It really is that simple.

This type of investment strategy I think, suits well with assets such as gold having a more stable and more consistent market price increase over the years. I do understand his point such that the market price is unpredictable and even if we are somehow being able to draw patterns of this market behavior perhaps the price will fall and eventually recover--mentality, bottomline is lack of certainty right? It is believed to have a recovery after a downfall but who knows when will such thing occur. So maybe he is pointing out matters of less risky profit.

[panganib999]

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?

Just Hold for life because for me holding bitcoin has a limitation and timeframe where you will be able to sell it to gain profit. When you say hold for lifetime , it means you will just hold it and there's no plan to sell. Bitcoin price is very volatile and not stable which means you need to buy when the price is low and hold it until the price go up and take your profit. Then after that you are going to buy again in deep then hold again. This is just a cycle.

Your statement of holding for a lifetime contradicts your idea of buying during the low times and selling at high times. You should Address it in such way that there will be good times to sell, and holding alone will not give you profit. This is the mistake of some investors; the price is already "high" to the point that selling as this early won't make you regret doing so, but they will rather hold-still anticipating bigger profit, then correction will occur in a sudden. They will be left nothing to do but to again wait for another market price increase which is uncertain on its occurrence.

[Yatsan]

HODL for Life I guess. As an individual, you must do assess if you will keep on HODLing or you must move forward by selling some of your holdings for a better cause. Yes, holding is very beneficial for Bitcoin do have unexpected bumps or rises but still you must be able to assess on yourself whether you will keep on doing that or you seek better opportunity by selling some and put it like into essential and worthy things such as funding a business where you can gain and earn a profit which is also your aim upon holding your Bitcoin. Do not sell all if you are wondering of the what ifs within your mind. It is just that you must think of alternative ways on how you can be able to manage dealing with the situation and assessing and analysing it properly so that you will not be left behind having regrets. It is just fine to HODL but not for a lifetime situation for you can be missing out other and better opportunities you can have while waiting for the bump of Bitcoin to happen. Imagine the span of years you have been waiting if we would think of it if you have hold from year 2017 up to the early months of this year. Better have back up plans and manage your funds on things that can also make you beneficial.

[finaleshot2016]

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?

We should HODL for life, bitcoin will still give you another opportunity in the next bull run. Let's be practical on this, if you think that your money was doubled or tripled, and it will give you a good life, then it's enough already and sell it. The 2017 bull run serves as a lesson for us that we shouldn't be greedy and be more practical since it's an investment. I'm investing in bitcoin because I want to make a profit on it, and setting up a target price would be also good. Always check daily if you will still go on or if it's too much already, you're the only one who can assess it since only you know how much you've invested.

[Cling18]

It depends on the status and value of your investment in your life. If you'll be needing your profit in just a short period of time, then just set a certain goal. If it's your lifetime investment then hodl it for a lifetime and reap what you sow in the future. It's a case to case basis and you could only decide for yourself because your decision will rely on your status.

[CryptopreneurBrainboss]

So basically you're advising for profit to be secured when the opportunity presents itself, it's not a totally bad idea but knowing when to execute this task is where there's a problem as you would never know what'll happen next in the market, we can only speculate. The key point here would be to do whatever suits you and be ready to leave with whatever decision you take.

If you're to sell and miss out in the future gains basically you didn't miss but you won't be able to forgive yourself when you see the opportunity you missed because you weren't patience enough.

There's a strategy I read about that can be used for my investing, in which the investor would have different bags like one for taking profit and a bag for holding probably lifetime.

[ampu]

What is keeping Bitcoin for when we can sell them to reap the profits it brings? I believe that in any investment there must be profit and stop loss. In fact, we can take risks in life and we need to withdraw real-life investment money.

[milani]

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?

Everyone chooses his own strategy and of course according to his requests to his life and his aims or desires. Someone needs money just right now and that is why yhey are in a hurry to get rapid income, someone wants to play for long and is waiting years in order to get more. But as the practice of the 2017 showed us, it is better to HODL for life, because in this case you have the chance to get good income for life in general and for everyday needs well. May be not at once, but after some time you will definitely appreciate it. Personally for me 2017 was a year of losses. Nowadays my thoughts about investing changed a lot after that.

[Dollar_Hunter]

What is keeping Bitcoin for when we can sell them to reap the profits it brings? I believe that in any investment there must be profit and stop loss. In fact, we can take risks in life and we need to withdraw real-life investment money.

each person has their own goals, if your goal is to invest in the long term,
then maybe bitcoin will be a lifetime for a person himself, because he believes in bitcoin for lifetime,
but if you look at Bitcoin just to look for luck I'm sure bitcoin will be for life,

[NelfiNovita]

in my opinion, HODL should be until the bitcoin price continues to rise and if there is a decline in bitcoin prices, we should immediately sell bitcoin for our needs in the real world. if HODL is for life, so when will we enjoy the results of investing in bitcoin, in my opinion it is the right time to enjoy the results of the bitcoin we have.

[ethereumhunter]

What is keeping Bitcoin for when we can sell them to reap the profits it brings? I believe that in any investment there must be profit and stop loss. In fact, we can take risks in life and we need to withdraw real-life investment money.

People have their own target price to sell, so they still hold it until they see that price. But yes, I think we can sell bitcoin at the high price and buy back more bitcoin when the price is down because that can give us more amount of bitcoin that we already sold before. If we can have more amount of bitcoin than before, we can have a chance to make a bigger profit, and if we can do that continuously, the profit will be bigger.

[budi691]

When I get Bitcoin from my work from this forum, I try to survive as long as possible to reach the target I want, but what happens I sell it for my living needs,
So all I do is hold back the necessities of life,
not hold back for a lifetime,

[mezzaluna]

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?

HODLing should also depend on the situation of the user. Most users are only using this Cryptocurrency Industry as another source of income but for some, it is their job. HODLing for Lifetime is not logical since nobody got time to do everything till their old so it would be useful for them to get their money anytime they want to use it since values can either rise or drop.

[MWesterweele]

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?

HODLing should also depend on the situation of the user. Most users are only using this Cryptocurrency Industry as another source of income but for some, it is their job. HODLing for Lifetime is not logical since nobody got time to do everything till their old so it would be useful for them to get their money anytime they want to use it since values can either rise or drop.

Definitely hodling term of bitcoin or even litecoin of an investors and traders were depend upon the urgency of needs or situation of a user. Cryptocurrency has a lot of perspective use but as of the meantime this was being uses as a part time source of income of some of us here. Sometimes hodling were not advisable if the chance of trading in the market were absolutely good for trading. And also, personally i didn't hodl litecoin for long time, i would prefer bitcoin for a long term investment.

[Inkdatar]

When I get Bitcoin from my work from this forum, I try to survive as long as possible to reach the target I want, but what happens I sell it for my living needs,
So all I do is hold back the necessities of life,
not hold back for a lifetime,

This is also good, sell it when you needed it the most especially to survive for our daily needs. The problem is some people do not know when to sell and don't have the target price in selling their asset. This happens in me way back when btc was in bull run before I wasn't able to sell that time because of the hopes to earn more profit. So hold bitcoin for life and set a goal on your asset on when to sell to earn profit, as greed may cause of losing money.

[Irdina]

If in my opinion it depends on your needs, if the money you use to buy bitcoin is money that will meet your needs then don't HODL for life, sell if you are profitable.  different from the unused money you can HODL for life, just think of it as old age savings.

[taufik0911]

To decide, you need to determine your investment term, long term or short term
both have their respective advantages and it also depends on how much free time you have
if you get money only from cryptocurrency you will definitely use short-term options and can simultaneously use long-term options to gain bigger profits

[AicecreaME]

Hodling your coins for lifetime doesn't make any sense at all. We earned those coins to be spend on something worthy of it, we just hodl it because we're not happy of its price and waiting for it to pump and sell it. We can't take our money with us when we die, it will remains in our cryptocurrency wallet and will be lost forever if will not be use. So why save crypto if you're not gonna use it.

While hodling your coins, it's important to check its updates because it might get burned or delisted in exchangers forever, if that happens, it's also like hodling your coins for lifetime.