Proof - The long Hodl

[aoluain]

Anyone who was into crypto this time 3 years ago
will remember the run up to the ATH of $19783.

It was a wild time in December of that year, there
were big gains made and alternatively a lot of losses
where some people FOMO'd in close to the ATH
and either sold at a loss or are still holding what they
had back then.

How many had the forsight to HODL what they had
for the next bull market, which is now?

I would say, not many!

Eventhough we (the positive) have been preaching
about the long haul and a look to the future.

These times are proof that when you buy high, not panic and HODL for the future is rewarding

[Bekuciwu9]

I don't know about the others, but people around me mostly hodl all their btc and they didn't sell during bear market. All this patience is finally paying off. I always planned that once btc reaches 20k that i will sell at least half, but now i am not so sure since end of 2021 might be like end of 2017 and then even $100,009 is possible.

So in the end i will probably  just go on with hodl.

[BADecker]

But the bigger question is, if you hodled all this while, are you going to act like a scared bunny, and take your money out when it reaches $20,000 again in a week or two?

[Nhor1011]

Holding for a long term like from the last ATH is depends on every person situation. If you have enough capital and you have a lot of extra money or still have a descent work then I think you can hold bitcoin for so long no matter what and wait for another ATH to come rather than selling at lose.

[Jating]

I was already in the crypto sphere during the last run to ATH in 2017, but I would admit that I didn't hold, at least a good six months hold that time will yield you good enough profits. And I would say that it is really inexperience in my part by then.

But from 2018 up to now, been accumulating quietly and not going to sell, or at least if I'm going to sell it, I will be a looking at a new all time high price again. Never too late to learn from our past mistakes in bitcoin holding and investing and there are no better strategy but to HODL and continue to buy if you have still the money. At $17,500? yeah it's expensive, but what if it double in the next bull run?

[taufik123]

Some people who buy high on ATH $ 19783 will experience a hitch when the price starts to fall and of course they all panic. There wouldn't be many who had survived the Long Hodl until now. The current price has almost reached the new ATH.

I was not one of those who bought at the highest ATH price at that time, but I have many friends who get stuck at the ATH price and then sell it at a low price to stop more losses, because I can't wait any longer.

The 2017 ATH until now, which will reach a new ATH again in 2020 or 2021, will take approximately 3 years and that is quite a long time for Hodl Panjang.
Long holds can pay off, but a lot of perks will come.

[concept2]

No one can ve patient to hold bitcoin when its price was reduced more than 80% . If you had had 1 million dollar, you would have lost more than $800000 during the hard time. Would you continue to hold your coin? You would have at least sell some of your coins to save the remaining capital. Even the most possitive bitcoin enthusiast could be depressed in this situation.

Holding is a good strategy. But not all holding is. Be smart with your money or you will become bankrupt.

[Blackrain13]

Holding is very risky because you didn't know if the price of the coin you hold will return to it's ATH so, be smart and always take the risk. I think it's better if you hold the 50% and sell the another 50% to save even a little if your holding turn to lose.

[Kemarit]

Holding is very risky because you didn't know if the price of the coin you hold will return to it's ATH so, be smart and always take the risk. I think it's better if you hold the 50% and sell the another 50% to save even a little if your holding turn to lose.

And assuming it will return to its previous all-time-high and even more, base on 2017 and subsequent years, follows a long bearish trend. So it's really difficult, specially the question of when to sell. But I would agree that selling at 50% of your stash is good in the next bull run. And you have to consider the fact of the bearish cycle as well.

In any case though, nothing wrong with accumulation and the HODL. We all learn from the 2017 bull run so it's up to us on how to prepare for the imminent in 2021.

[LogitechMouse]

I still remember the time that Bitcoin was surging last 2017 but at that time, I was a newbie in the crypto space and I don't have any money too to spend on buying Bitcoin. If I'm one of the investors who bought at its peak at that time though then I will just cut loss.

Now that I know the basics of it and I know how to buy and hold it, I started to hold ever since and I'm quite happy that I got huge profits already by just holding and I know that there are some who are happy too.

If you aren't that knowledgeable enough in trading then holding would be the better option for you. Longer time frame but less risky. I'm not saying though that there is no risk in holding since crypto is volatile but history shows already that holding Bitcoin for a long time will give you profits no matter what.

[btcsmlcmnr]

The outflow and inflow of bitcoin out and in exchanges are good proof of more holders in latest weeks. It is the biggest outflow from exchanges since 2017, 3 years ago.

#Bitcoin liquidity is vanishing off of exchanges.

Transfer volume to private wallets hasn't been this high since early 2017.

Welcome to the sell side liquidity crisis.

[carlisle1]

Anyone who was into crypto this time 3 years ago
will remember the run up to the ATH of $19783.

Depend in which Exchange you use because in some exchange Bitcoin crossed $20,000

It was a wild time in December of that year, there
were big gains made and alternatively a lot of losses
where some people FOMO'd in close to the ATH
and either sold at a loss or are still holding what they
had back then.

Big gainers are the believers in which They stand holding even how many Dip happens before then not like those victims of FOMO's in which at time did not believe the coming ATH.

How many had the forsight to HODL what they had
for the next bull market, which is now?

I would say, not many!

i would say MANY,but they are just the Many people you may read here advising to Buy and Hold but the truth is they don't even buying a single satoshi.

Eventhough we (the positive) have been preaching
about the long haul and a look to the future.

These times are proof that when you buy high, not panic and HODL for the future is rewarding

actually this happens each time after a year of halving in which expected to be the Bull market.
but still many don't want to trust the coin instead panicking once the market shakes down.

[$crypto$]

We will feel again like in the past by reaching ATH this time maybe it will happen after such a fast movement from time to time, since the last 2 months I have started holding with full confidence at the end of this year bitcoin will reach the highest level, well we now seeing as proof this feels relieved by what I had planned before.

We have been waiting for a moment for something like this because winning 3 years is long enough we can see challenges that continue to hit, therefore bitcoin as many predictions at the end of this year and 2021 will be a bigger adoption, this reminds us that the pandemic atmosphere is able to skyrocket from economic hardship.

[mk4]

No one can ve patient to hold bitcoin when its price was reduced more than 80% . If you had had 1 million dollar, you would have lost more than $800000 during the hard time. Would you continue to hold your coin? You would have at least sell some of your coins to save the remaining capital. Even the most possitive bitcoin enthusiast could be depressed in this situation.

Holding is a good strategy. But not all holding is. Be smart with your money or you will become bankrupt.

Hello. Patient and positive bitcoin enthusiast here. I held my bitcoin through the rise and crash.

Just fyi, if a certain asset crashes, you don't really "lose" your money if you didn't sell. Because in bitcoin's case, obviously, it goes back up. And it is doing that just now as we're only like $2k from the all-time high.

[pooya87]

Anyone who was into crypto this time 3 years ago
will remember the run up to the ATH of $19783.
How many had the forsight to HODL what they had
for the next bull market, which is now?

i started more than 6 years ago and i remember the ATH that happened before i entered ($1200) and i held my bitcoins that i started buying at $500 even though the price continued dropping and went as low as $150. i held because i was never thinking about getting rich and was never aiming to reach some arbitrary ATH. my goal is to accumulate bitcoin until we reach mass adoption.

[maydna]

Not many people can hold their bitcoin for a long time ago. Many of them stress to see the bitcoin price are down from time to time. But I am sure that many of them are still trying to survive because they believe that bitcoin will have a chance to increase. They believe their dream almost becomes a reality in which bitcoin price already touches $18,400, which is happening less than a year from this year. The bitcoin price will get the new ATH sooner or later, and we do not predict how high the bitcoin price can hit.

But besides hold, we can try to accumulate and earn every satoshi, so when the price can jump to the highest price, we can sell it and make a big profit. Fortunately, if you hold 1 bitcoin, it will still 1 bitcoin, but the money value will be change. So you can try to hold and calm down and enjoy the ride. But don't panic because you can't think clearly about what you need to decide.

[davis196]

The people,who are HODLing since the last ATH will finally have the chance to get some profits.
However,I think that most of the long term HODLers will start selling their BTC,when the price gets above 20K USD,so the selling pressure over the Bitcoin market will increase,thus there will be little to no support for a BTC price above 20K.I might be wrong.
Perhaps many traders,who bought BTC back in December 2017 and left the crypto markets with big losses will return and buy some Bitcoin(and altcoins) again.

[The Cryptovator]

I have to admit I failed to HODL. Because during the last bull run in December 2017 I hadn't sold my portfolio. When it was a dump then I had tried to recover my funds by trading, I mean I was an attempt to increase my BTC portfolio. But I am regret, I bought a few obvious shit coin and lost everything. Even I lost hope that will recover ever since BTC in bull mode but seems all the shitcoin just dumping and dumping.

But yes, who had enough patience I think they are gainer today. They have recovered their funds almost. I don't think too much HODLer there who had waited for 3 years.

[meanwords]

These times are proof that when you buy high, not panic and HODL for the future is rewarding

You really can't say that because 3 years is a lot of time and imagine the business opportunity you could have made if you didn't lose a lot of money during the 2018 dump. What if you want to buy some DeFi projects that you think will pump but your money is stucked in BTC? then you'll lost potential profit.  

[Cnut237]

Selling at the peak and then re-buying at the lowest point obviously gives you the biggest gains, but is easier said than done. Just holding is certainly a reasonable strategy if you're - as most of us are - in it for the long-term, and hope to see bitcoin change the world.
My intention this time is to sell a proportion once I think it is about to peak, and then re-buy later... but I'm too risk-averse to sell it all.