Proof - The long Hodl

[pixie85]

Holding is only for the chosen ones

You need to have some spare fiat to be able to buy and you need to have enough income to satisfy your needs so that you are not tempted to sell.

Not many people in the world can afford to be investors and not many of those have the strong will not to be satisfied by a small profit.

If you are a holder you're a 1% or less. 

[abel1337]

I can give my salute to those who hodl from that event, I myself sold some of my bitcoin after sometime when bitcoin somehow recovered but I failed to gain profit in it instead I got a loss.

I am thinking about what kind of feeling do the hodlers feel right now about holding that bitcoin for some years since we are reaching near the ATH. Do you feel Scared? Amazed? Exited? Doubtful? I know those who hodl up till now will not sell their bitcoins until they get some profit into it so they can get a sort of reward after years of hodling.

[Mahanton]

~snip~

Easy to say but not really easy to do when you are on the actual situation because you would really mainly be tested out by your patience
and emotion that you should neither panic sell and buyback in lower amounts to at least compensate on what you had lost.Its a matte on how
someone do manage his portfolio into those times yet 3 years time is a long time for you to do at least on what you had lost.
Its amazing to know that there are people who do able to withstand the test of time and do really believe that bitcoin will really make out its recovery.

[geyayy]

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.

   I agree, hodling atleast 50% of what you have and sell the other half. You'll never know when will its' ATH will reach those numbers again, and as expected, in few more weeks, bitcoin's value may surpass the ATH of 2017. Lets all hope for the best! Lets hodl up to Q1 of 2021.

[maydna]

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.

   I agree, hodling atleast 50% of what you have and sell the other half. You'll never know when will its' ATH will reach those numbers again, and as expected, in few more weeks, bitcoin's value may surpass the ATH of 2017. Lets all hope for the best! Lets hodl up to Q1 of 2021.

As long as you hold bitcoin, you should not worry because even if the bitcoin price is down, the price will be back to the higher price. We already saw when the bitcoin price was down deeper to $3k a few months ago, but then the price can rise in a short time, and still increase until now. And we already saw the price can break $10k, which we are waiting for so long. The price will be back to $18k again because the price gets a green candle again, and hopefully, the price will break $18,500 and go to $19k.

[xSkylarx]

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

I'm quite sure these people are only few individuals that have really strong minds. They did not let their emotion get ahead of them. And for sure they have some other income or money to not touch their bitcoin for that long.

My mistake on the other hand happened on altcoins, I bought at its ATH 2 yrs ago and hoping that it would pump when it's alt season.

[thesmallgod]

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.

People around you must be rich and have alternative sources of generating income because if you solely rely on the investment made on bitcoin, there is no way you will not sell part of the coin even though it is trading below the price they were bought. Anyone that bought when the price reached the peak will be poised now maybe to wait or sell the bitcoin. Waiting for more than 2 years for me is a sacrifice that deserves an accolade

[tbterryboy]

Most of the people (investors) are scared of how long it would take before the price goes up, and that’s because they want quick profit but it doesn’t work that way, this requires the level of patience which most of them don’t have at all. As for some of them the case is that they don’t have the money to invest, so they have no other choice than to stay clear from it.

And for this new bull market, I have already invested. With the experience I had with the last bull market, I am able to do the right thing now, and I am sure I am not going to miss. I didn’t miss the last time and I am not going to do this time around too lol .

[CODE200]

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.

Where's the substance in this claim that it is possible for the market price of Bitcoin to reach $100k? You have already said it; you're not sure we'll, we are all.

But if your friends held their investment for three years, that's something hard to do so and I congratulate them from doing so I'm sure many people failed to do so because of different life circumstances and not everyone can afford not having profit from their investment for 3 years.

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?

That would be a weak decision. If you hold that long to wait for the next bullrun, you would rather be waiting for longer years again to wait until you wanna retire surrounded by a pile of money. You are not going ot be scared now than what had happened last 2018 where the price plunged.

If you dumped now, you just wasted the long wait you have invested. You got to make it worth the stressful time you felt during the bear market and wait til it doubles like $40K.

Easy to say.
Fear is expected. Those people who held for three years might just be wanting to get their money without loss and if things get complicated, they would more likely secure at the previous ATH price point since correction could again occur, which no one is certain of.

[Irdina]

Lots of people around me predict bitcoin will go up to $ 20000, but I always hesitate to buy, always afraid that the price will be too expensive and it will drop drastically ... so I only trade short-term taking profits little by little ... the futures that are my mainstay  .

[SektorPiii]

I agree that panic selling should be absent from traders, indeed, people who bought BTC for$ 18,000 today can get out of it without losses. Now the situation is repeated, I think many traders already believe much more in the bright future of BTC and we will not see as many panic sales as the first time.

[FinneysTrueVision]

3 years is a long time for some people to be hodling. They lose their patience and would rather take a loss than keep waiting for the price to recover. I always expected the price to go back up to $20k eventually but I still wish I had managed my BTC savings better. I try to learn from my experiences and I try to accumulate as much BTC as I can and resist the urge to sell out of desperation.

[Casdinyard]

3 years is a long time for some people to be hodling. They lose their patience and would rather take a loss than keep waiting for the price to recover. I always expected the price to go back up to $20k eventually but I still wish I had managed my BTC savings better. I try to learn from my experiences and I try to accumulate as much BTC as I can and resist the urge to sell out of desperation.

Actually there are many people who held to their Bitcoin longer than three years. Those are people who invested around 2013 or elier years of this technology  They kept their holdings without having assurance that its market value will be as big as its ATH and it gave them huge profit from doing so. But it is indeed hard to do so because there are many factors that could affect one's decision whether to sell or still hold, having no certainties on how will the market behave due to the natural volatility of the market prices. So as long as you can, and as long as you feel of not selling, choose to hold.

[soetikno]

Holding up to 3 years is very long, the proof is that in 2017 there were a lot of searches on google about bitcoin, and now in 2020 more and more searches about bitcoin, I think in 2021 bitcoin will reach a new ATH, the movement of bitcoin is unpredictable but Good news and halving make Bitcoin even better to hold

[Dorodha]

You have to wait a long time to hold the crypto currency but long hold is a very profitable currency. Those who have been holding on for three years have now made a lot of profit but the price of the currency could go down a lot if more profits come.  is better to sell  you hold it for too long you will fall into loss but now those who will invest don't have to wait too long prices will rise further towards the end of this year. I like to hold on to BTC but not for long is easy to understand the price difference you can manage the market properly.

[Shasha80]

What happened in 2017 can indeed be used as a lesson for all of us, that if it turns out that we buy Bitcoin at a high price,
no need to panic and stay calm. Because Bitcoin if we hold for the long term is very profitable, the proof is now Bitcoin has
managed to rise back to the all time high price. But the problem is not everyone buys Bitcoin using extra money or money
that we can afford to lose, so very few are able to hold Bitcoin in the long run.

[markleal]

Hi there aoluain, three years ago the bull run failed to reach the $20,000 mark. But this year I am foreseeing that it will surpass the price that everyone is looking for. But, ironically, it could be more disastrous than three years ago. If the $20k mark has reached there are more people that are on HOLD will be pressured to SELL.

[Sultanar484]

Only holding Bitcoin is safer than other coins that is now proved after 3 years later. Bitcoin has reached $18300 after 3 years. Those who hold till now, recovered their losses and they are enjoying golden day in cryptocurrency but other investors still can't recover their losses. I also losses in altcoins but now gainer in Bitcoin.

[shoreno]

buying close to ath was an insane idea and people that do that are gutsy or have a big wealth on them because they arent afraid to loose  . they treat that critical moment was simillar to gambling but unfortunately many had go home as loosers .

 i feel sorry for them and thankful at them at the same time because they help increase the price at its last minute but others are only got the benefits . those that sell at a loss have undergone in a tought battle , supposed almost 3 years of hodling before they be able to see the recovery but sadly on few have make it this long .

[pinggoki]

Anyone who was into crypto this time 3 years ago
will remember the run up to the ATH of $19783.
These times are proof that when you buy high, not panic and HODL for the future is rewarding

I was in crypto 5years ago and I saw the slowly growth of bitcoin from nothing to becoming this. The ATH was 4 years ago in which it is in the month of the December which the bitcoin and the altcoins become bullish and it reach $19,783 and this is the most high price of the bitcoin back then, but right now there are so many reports and predictions that it will break the ATH 4 years ago and I guess it is true. It would be better if we will be just buy low and just HODL it until the future or until the bullish of the market just like this who hold so much bitcoin, they are already rewarded by the price of it right now.