HODL ₿itcoin for Life, not for Lifetime.

[isaac_clarke22]

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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.

Many people could've taken advantage of the price around <45k. It's not the solid floor and it could go way below lesser than that.
Seems like this price range we got which is between 45k and 50k is a bit day tradeable.
Longer-term profits isn't yet showing its signs right now but I know we're gonna retake >50k price. This'll be like dreaming again the 20k back in 2017 but barely managed then suddenly it went higher than that.

[carlfebz2]

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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.

Many people could've taken advantage of the price around <45k. It's not the solid floor and it could go way below lesser than that.
Seems like this price range we got which is between 45k and 50k is a bit day tradeable.
Longer-term profits isn't yet showing its signs right now but I know we're gonna retake >50k price. This'll be like dreaming again the 20k back in 2017 but barely managed then suddenly it went higher than that.

Few days passed it did able to hit $50k+ more but it did suddenly goes down in a short time going back to 47k as of this writing and we are really playing off with these levels.

For those who do love to scalp then these movements would be the best recipes for them to do so, next movement is unpredictable even if you do put up lots of technicals along the line.

Minimal movements does neither indicate a possible bearish move or a pump.Its really hard to consider or to know on what would be the next movement in next minute,hour,day or month or years.

[Issa56]

I understand the kind of problem you are facing and I believe when it comes to cryptocurrency the best thing you have to do is always holding, the best thing you should do whenever you are holding a very good coin is to hold and make a maximum profit in the future but I believe whenever you are holding always know when to exit the market. Whenever you are holding a coin if you are already in profit and you are expecting a dump the only thing you can do is to sell and wait after the dump to buy more you don't have to be greedy always know when to sell off a coin and know when you will enter the market back. You don't just have to be holding a coin even when you are suppose to take your profit and wait for another dump to enter the market again. And before buying any coin always make sure you do your research first before investing in any coin, make sure you are buying a very good coin with future to avoid your money being Stable or lose of money.

[carelessboy]

i agree with you . it happened to me.i think all bitcoin holder when earn 2X or 3X profit so sell their token .my luck also bad .i buy btc 2018 and sell 2020 earn some amount .not think about big profit. because bitcoin price any time dump  so much. i told you hold your bitcoin for good pump,not lifetime.it,s just my opinion.

[Zionatin]

You should do both!! HODL for life while spending your bitcoin on your life! IT is a currency as is meant to be spent. Enjoy it when you know the price is up high and don't sell or spend it when you feel the price is undervalued. This is really the best advice I can give.

This is also why crypto that is backed by more than just itself and the blockchain is better to invest in since you can get real-world products and services in exchange for the crypto instead of just a dream.

[Maslate]

You should do both!! HODL for life while spending your bitcoin on your life! IT is a currency as is meant to be spent. Enjoy it when you know the price is up high and don't sell or spend it when you feel the price is undervalued. This is really the best advice I can give.

This is also why crypto that is backed by more than just itself and the blockchain is better to invest in since you can get real-world products and services in exchange for the crypto instead of just a dream.

It's definitely use for spending and we need more people who have a mindset of spending than holding it to improve the chance of bitcoin getting massive adoption. At the moment, it's more on a speculative asset therefore we are seeing more people holding or big portion of bitcoin is being hold than being circulated for payment purposes.

[Shasha80]

Our goal of HODL Bitcoin is to get profit, so we don't need HODL for lifetime. If we have reached the sell target we want, we should immediately
sell the Bitcoin that we have. Even if we are greedy and HODL Bitcoin too long it will make us lose many opportunities to get profit. Moreover,
the price of Bitcoin is very volatile, so don't hold Bitcoin for too long. Sell when we have made a profit and buy it again when there is a correction.
By doing this, the profit we make from Bitcoin is far more maximal, because for me HODL Bitcoin is for life.

[bryant.coleman]

Our goal of HODL Bitcoin is to get profit, so we don't need HODL for lifetime. If we have reached the sell target we want, we should immediately
sell the Bitcoin that we have. Even if we are greedy and HODL Bitcoin too long it will make us lose many opportunities to get profit. Moreover,
the price of Bitcoin is very volatile, so don't hold Bitcoin for too long. Sell when we have made a profit and buy it again when there is a correction.
By doing this, the profit we make from Bitcoin is far more maximal, because for me HODL Bitcoin is for life.

I have a slightly different take on this. You should sell your Bitcoins, when it is clear that a peak valuation has been achieved and the future prospects are not very bright. The target is not something that should be constant. Target could be changed to reflect the changing market dynamics. For example, if you had purchased the coins in 2012 or 2013, and at that time you set a target of $50,000. Once that target is achieved, you need to think about the next step. If you feel that the future prospects are good, then you can sell a part of your coins and keep the remainder for the long-term after setting a new target.

[best123]

HODL is good but you should know when to sell. I have sold most of my token because i believed that they have been over bought. What i am waiting now is for a dip or bear market so that i can replace most of  my assets. Though, i still have some assets that my target is next year.

[Amejoaquim]

For me is verry simple, when "My Real Life" force me to sell, i'm gonna sell it with no regret even though the price will rise after i sell it.

I invested just for to get more money, with that profit i can enjoyed my life (Travel around the world and buy expensive stuff).

Whats the point if we hodl the coin but we can't enjoyed it  

And the most important we should set our "target" so we don't lose our opportunity to sell and one more thing is don't be greedy!

[rodskee]

I believe that there is no term as lifetime when you are talking about Investment , because in one way or another you will get profit for sure as that is the structure of your risking .
Not unless you lose your days and end up dying while your funds is still inside crypto.
But for the majority of us here ? i believe that HOLD stands for the time frame they allotted on which coin they bet, some took months while others took years but in the end ? they will took their funds and try to invest in another coin.

[panganib999]

I believe that there is no term as lifetime when you are talking about Investment , because in one way or another you will get profit for sure as that is the structure of your risking .
Not unless you lose your days and end up dying while your funds is still inside crypto.
But for the majority of us here ? i believe that HOLD stands for the time frame they allotted on which coin they bet, some took months while others took years but in the end ? they will took their funds and try to invest in another coin.

I definitely agree. Lifetime investment isn't that so applicable because as we all know this kind of investment will not be hold as long as lifetime. In your everyday life and situation you will need to withdraw it and use it in something that you need to like emergency and financial problems. Lifetime Investment isn't the right word to be use. I think the word you may use is Long Term investment. It is the same idea but of course you are sticking to the possibility of having the funds withdraw someday. Besides, in Crypto investing are very complicated and risky, you must strategize in order to avoid getting lose.

[nightxglow]

Well, of course i don't agree with lifetime. I mean, we invest because we would like to earn profit from it for our life, and not to keep holding it for the lifetime, like for what?
There will be times when we need to convert our bitcoin to afford our living, or to start other business like you said. And i think, we need to sell our bitcoin, so other people can buy it, and the market can keep going. if everyone just hold without having intention to sell it, then we won't go anywhere. There will never be changes in price and others. So it's better to hold, and sell it in the right time. Even if later the price went up and you regret selling, that's okay, that's the cycle. you can just earn more bitcoin, hold again, and wait until another right time.

[geegaw]

For me is verry simple, when "My Real Life" force me to sell, i'm gonna sell it with no regret even though the price will rise after i sell it.

I invested just for to get more money, with that profit i can enjoyed my life (Travel around the world and buy expensive stuff).

Whats the point if we hodl the coin but we can't enjoyed it  

And the most important we should set our "target" so we don't lose our opportunity to sell and one more thing is don't be greedy!

Agree, we are investors, not antique collectors, lifetime holdings can bring historical value, even luckier, our assets will be enough to change the generations behind but the future is a dark and inexplicable wall, instead of trying to bet as a gambling game, we should hold profits in the short term and accumulate over time. It has many advantages, short-term profits will be enough to meet the economic needs and the benefits of living, long-term profits will build a future, lifelong thinking is too greedy and uncertain

[Question123]

It depends on the person until when they are hold the bitcoin, because for me bitcoin is not for life time because for sure they have time it will die or people will not buy it. Bitcoin will live for more years or decades and it will be good if it's live long because more people will earn more profit. Holding bitcoin is really good for now and the next coming few years but we do not until when.

[rosebrand]

As for me I agree with you, I can't hold for life time I rather hold for dear life because surely in these crypto markets when it gets very high it will surely come down and also there is also a bearish season just as there is bull season so for me I hold for dear life, buy when prices are on deeps hold for long and when it gets to the top I sell off and wait for a retrace of a deep to buy and hold again, We should never let our greed control us take decisions.

[Rasel5209]

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 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.

[Sithara007]

HODL is good but you should know when to sell. I have sold most of my token because i believed that they have been over bought. What i am waiting now is for a dip or bear market so that i can replace most of  my assets. Though, i still have some assets that my target is next year.

From what I have seen during the last 6-7 years is that it is impossible to predict the future prices of cryptocurrency. The only thing to remember while selling your coins is that you should strictly follow your profit booking targets and avoid panic selling. If the prices are crashing, then you should analyze why they are going down before dumping your coins. If it's just a temporary fluctuation, then you will end up with huge losses if you sell your coins at that point.

[oleg8791]

I prefer the concept "hodl for better life". Having Bitcoin you can't/aren't going ever spend = Having no Bitcoin.

[nullius]

Most crypto users are familiar with the HODL (Hold On for Dear Life).

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I am surprised that nobody corrected this promptly.  “HODL” (often stylized “HoDL”) is NOT an acronym.  It does not mean “Hold On for Dear Life” (which would be “HOFDL”—duh).  It is a misspelling that originated with someone who got drunk after Bitcoin’s price crashed in 2013.  It simply means, “hold” (in contradistinction to “sell” or “dump”).

No, I didn’t read the thread.  Not interested.  I am only interested in DuPMing dollars!!!!  USD, EUR, and similar shitcoins are losing value—cash out into real money while you still can!