Can you say you made money if you never actally sell your coins?

[Kelvinid]

I think nobody will HODL forever. If we do that, how will we use our profit to buy something in the end?  I think one could set a goal to reach and HODL his/her coins until that point. Then he/she can decide what to do.

We hold for reason and that means we never hold forever. I believe no one does forever but I'm sure these holders will sell their coins during the Bullrun, just like we have today.

3-5 years holding, that was incredible and certainly, we can do it if we want to but of course, we also have to consider the market situation and not just to stick to our plan even the market price is already at its peak, coz I'd rather have to sell it and take the opportunity.

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[giantrobot]

Bitcoin is money, if its value goes up, you are making money. You can't buy 2 pizzas for 10,000 bitcoins anymore, in fact you can buy 4.5 times more pizzas than a few months ago. It may look like you're not making money before you sold, because it's hard to spend Bitcoin, as places that accept it are still very rare, but if you look hard enough and are lucky, there are opportunities to pay with BTC directly.

All of us invest in Bitcoin all want to earn extra money. Bitcoin is money! Right! It's fun when you store multiple Bitcoin copper but now the price has doubled or three times even more. So you are rich. Although not anywhere also accepted Bitcoin payment. So you can sell Bitcoin to get cash to spend. As long as you need hardworking you will succeed. Having money and your life will be comfortable and happy.

[Distinctin]

I think nobody will HODL forever. If we do that, how will we use our profit to buy something in the end?  I think one could set a goal to reach and HODL his/her coins until that point. Then he/she can decide what to do.

We hold for reason and that means we never hold forever. I believe no one does forever but I'm sure these holders will sell their coins during the Bullrun, just like we have today.

3-5 years holding, that was incredible and certainly, we can do it if we want to but of course, we also have to consider the market situation and not just to stick to our plan even the market price is already at its peak, coz I'd rather have to sell it and take the opportunity.

It's totally useless if we just keep acquiring coins and earn them in our pocket for such long years of holding. In the first place, our main goal is to make profit and if it reaches already our target price, we should also learn to sell some of them. Being greedy when it comes to your investment will sometimes lead you to a regretting  end. If you see big chances or opportunities, then seize it.

[online73]

Hello everybody. I agree that until you lock in your profit at a certain level, it’s very strange to say that with a constant rise in the price of an asset and you have never sold it, you have already made money. 2017-18 taught us that the cryptocurrency market is like mercury. Without taking profit today, tomorrow it may turn into a loss. Therefore, guys, try to fix the profit at least in parts, it will be much safer than waiting for the mythical 100 xx. Good luck everyone.

[Leonardo7]

Should you hodl forever?  Does everyone have a price?  What is yours?   

One can only speak of holding in crypto when one is actually holding good coins that the CEO won't abandon the project for an easy life. When holding bitcoin, ETH, doge, and some other solid projects one can say he is holing money, not holding some scam coin.

[xiboothrezi]

Should you hodl forever?  Does everyone have a price?  What is yours?   

that's why there is a strategy, there is analysis. It is very important to determine whether you choose long-term or short-term investments, at least you must define your targets and goals.
We also know that folatility in cryptocurrencies is very high, it takes the right timing to buy, hold, or sell assets to maximize profits. It is very important to manage mentality and emotions while in the cryptocurrency ecosystem, everything can be worth many times over or turn back into nothing. so understand the risks, and use the right strategy.

[dimonstration]

Hello everybody. I agree that until you lock in your profit at a certain level, it’s very strange to say that with a constant rise in the price of an asset and you have never sold it, you have already made money. 2017-18 taught us that the cryptocurrency market is like mercury. Without taking profit today, tomorrow it may turn into a loss. Therefore, guys, try to fix the profit at least in parts, it will be much safer than waiting for the mythical 100 xx. Good luck everyone.

It's good to take profit once in a while but it will be regretful sometimes if we see how much the price it increased after some time, while it's okay to rebuy back it will be better if we will still left some amount or just get a portion to take as profit and keep investing into it as long as we need it.

[CarnagexD]

Money not spent wisely is money wasted. You'd have to know how to create more money, and have that money be spent on something that is wise and will take you long ways. To hold forever will seem impractical, knowing that you'll have your necessities that you need to meet and things that you may have to purchase in the future.

[Shasha80]

It is true that if the price of Bitcoin goes up then as long as we don't sell the Bitcoin we have, we can't be said to be making money. Vice versa if
the price of Bitcoin goes down and we haven't sold the Bitcoin that we have, it also can't be said to lose money. Therefore TP and SL are needed,
this is a feature that will ensure that we profit or we lose. And everyone has different sell targets and stop-losses, As long as we stick to the plan
we have set, normally everything will be fine and we can make money. But the problem is that very few people stick to the plan, most of them
will panic if there is a drastic price movement of Bitcoin.

[Rengga Jati]

Should you hodl forever?  Does everyone have a price?  What is yours?   

Every hodler will always have their own target to reach for their hold. HODL doesn't mean forever. Hold means that we can keep our coins in a certain period until it gets the target and the target itself that makes difference among the holders. It may be until the price target reaching after serval percentage, after one month, two, or years. And or until several years later to be saved in the wallet itself.
However, we can say that we get the profits and also money of it if the coins have been converted or sold into fiat and then cash out to the bank account.

[Luqman]

Should you hodl forever?

I think no one will hold BTC or other crypto coins forever. There should be time to sell them but may be after many years. It is called a long-term investment, they will keep the coins in the wallets for a long time. They must already plan to sell the coins after meet their targets. Then, they probably sell all the coins or a few of the coins gradually.

[Fatunad]

Should you hodl forever?  Does everyone have a price?  What is yours?   

Every hodler will always have their own target to reach for their hold. HODL doesn't mean forever. Hold means that we can keep our coins in a certain period until it gets the target and the target itself that makes difference among the holders. It may be until the price target reaching after serval percentage, after one month, two, or years. And or until several years later to be saved in the wallet itself.
However, we can say that we get the profits and also money of it if the coins have been converted or sold into fiat and then cash out to the bank account.

What can you say into those who had been holding since from the beginning which until now they havent considered on making some sell? We cant tell
though if they havent sell or able to release those bags because no one can have the track on someone on each individual wallets but there are actually some
people who had been holding no matter how high the price that it do reached up and this isnt something simple that someone could able to resist
specially if you do look into the market actively then this would be challenging.

[verita1]

That's how it is! You can make money just by holding your bitcoin or any altcoins. In every possible way. Try to have some Fiat and exchange all your money in bitcoin and altcoins. If you are convinced and you try it, you will see the performance of your money invested in cryptocurrencies. Take advantage of the freedom that cryptocurrencies give you before any government agency in your country stops you.

[kolbalish]

Why I never sell my coins? Are there any valid reasons? I invest in crypto for profit if I hold for forever then I never can get many advantages from my investment so why I lock up my money. I hold BTC for a period that I can get profit by selling and buy BTC at a cheaper rate to hold.

[Bilgent]

I think nobody will HODL forever. If we do that, how will we use our profit to buy something in the end?  I think one could set a goal to reach and HODL his/her coins until that point. Then he/she can decide what to do.

We hold for reason and that means we never hold forever. I believe no one does forever but I'm sure these holders will sell their coins during the Bullrun, just like we have today.

3-5 years holding, that was incredible and certainly, we can do it if we want to but of course, we also have to consider the market situation and not just to stick to our plan even the market price is already at its peak, coz I'd rather have to sell it and take the opportunity.

It's totally useless if we just keep acquiring coins and earn them in our pocket for such long years of holding. In the first place, our main goal is to make profit and if it reaches already our target price, we should also learn to sell some of them. Being greedy when it comes to your investment will sometimes lead you to a regretting  end. If you see big chances or opportunities, then seize it.

Exactly, I agree with it. We should definitely know to sell some amount after the price reaches a level that we like. As long as one becomes more greedy, the risk of losing their money will be higher.

[Altcoinsintel]

I don't have a price. Because:

So you bought or mined Bitcoin early and you never sold. It is interesting and means you are much more dedicated than others. I wonder though, have you never even sold a small part of your investment to take some profit in the bank and use it to have a better life? All the words that show a commitment to the cause and strong belief means that you invested rationally and you were right until now. Maybe you are a very small minority though, if you just invested in Bitcoin early and never ever sold anything.

[0t3p0t]

Should you hodl forever?  Does everyone have a price?  What is yours?   

Hodling is the safest way to invest most especially Bitcoin and the time of hodling depends on our needs. If an individual has the extra money for his daily needs and prefer to hodl his coins long term I think that is when he has to decide the exact time for a harvest unless he sold it for emergency use. We have the right to sell and hodl our coins but still we have our own preferrence.

[serjent05]

Bitcoin is money, if its value goes up, you are making money. You can't buy 2 pizzas for 10,000 bitcoins anymore, in fact you can buy 4.5 times more pizzas than a few months ago. It may look like you're not making money before you sold, because it's hard to spend Bitcoin, as places that accept it are still very rare, but if you look hard enough and are lucky, there are opportunities to pay with BTC directly.

Not unless you let go of your Bitcoin.  Holding it doesn't mean you are getting profit.  Yes, the value gets bigger but your Bitcoin quantity stays the same.  Unless you cash out your BTC you cannot say that you are already in a profit.  Since,

The formula to calculate profit is: Total Revenue - Total Expenses = Profit

.  So in order to say we make money, we have to revert it to the currency we use to pay for it and see if we really gain something.

[XZERO1]

Should you hodl forever?  Does everyone have a price?  What is yours?   

If what you invested in(bought) does have a good future in your opinion, it's better to sell some portion of it and keep the rest for the possible bigger moves up, it's sort of dollar cost averaging but instead of buying more when the price goes down, you're selling some every time price goes up.

Of course it's not a very smart move to not sell anything at all while you're up 3-5-10x, unless you don't care about losing the profit you got so far from that investment and you're okay with losing your profit as it can happen specially with shitcoins.

[bitterguy28]

Should you hodl forever?  Does everyone have a price?  What is yours?   

I can say that in My mind of course and in my Eyes because i can obviously check my wallet time after time.
But of course momentum will change once your Funds value starts to fell down.

But of course you must be alert in our market now because if you don't wanna leave behind then best to sell before the bear comes.