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

[rjsolutions28]

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

----- Bruh. Investing doesn't mean to hodl forever. It means to hodl for a certain period until you are guaranteed a bigger profit. For example, if you are holding a land property, and you continue holding it, let's say 20 years; Question, Are you earning money? of course! Time is Money. The longer you hodl the property, the more their value increases over time. Same concept with crypto. I'm using Netcoins because it is a safe crypto platform and I've been hodling my bitcoin ever since and I've been checking the right time and price to sell them. I'm not earning from it now but in the future, I will.

[JoMarrah Iarim Dan]

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

Actually that is the same question of mine to myself. Since 2017, I am holding my bitcoins up to now. Yes I already gained a lot when bitcoin price goes really up high this year. Then I asked myself should I convert my bitcoin into peso? I decided not to. But I asked myself until when I will hold this thing? Up to now, I can't answer my self an exact date. But I keep in mind that it is for the future life of me and my incoming family. Bitcoin price will continue to rise so I will continue making my bitcoin grow by just holding it until the time comes that I already need it.

[Hypnosis00]

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.

BUY, HOLD, AND SELL.
We eventually doing this all the time and I'm not surprised why people are selling their coins during Bullrun and that gonna be expected.
No one for sure does the long-term holding ( like 10 years), I mean, it is very impossible for a person who does that if he aims to gain profit from his investment if he never knows to sell some but just to keep holding.

BUY now, hold, and SELL by tomorrow. That is normal, as I know.

[Lorence.xD]

In a way, if you consider bitcoin as an asset more than a money then you proabbly lean on not making money yet. I wouldn't suggest hodling forever or for a long time, take some cash out of your hodl, consider it as your reward for the patience that you had all this time hodling bitcoin and having a lot of tempting prices that you could've sold and times that you wanted to escape because the price is falling but you hodl on.

[matchi2011]

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.

With shitcoins, then that opportunities will be lost forever but with solid project we already witness how high those top alts and bitcoin
went thru.  A matter of how good you understand everything.

Your call should always accompanied by your knowledge, it lessen or avoid you to lose your investment. Most of those long term investors
believes that the project will bring them fortunes.

[Sihab76]

How you make money without selling bitcoin or other coins depends on how you hold the coin.  Many people keep stacking coins for a long time so that they can make a profit after a certain period of time.  This is the only way you can make money by selling tokens.

[veznata]

with 99% certainty this is what will happen. if you hold within some years you will have made tons of money because you made the decision to hold bitcoin(s). the negative side is that you become older and can't turn back time I mean you could have enjoyed life much more meanwhile if you had just exchanged some portion of your coins.
second scenario: you hold "forever". almost certainly you will lose everything because in 100 years there is will be something better than bitcoin.
nothing is eternal.

[Issa56]

From my experience I believe if you are still holding a coin I don't believe you have make money because anything can happen within few minutes anything can happen to your coin or and you can lose the money money so before I will believe I make money the money must be in my local account. You have to make sure you sell your coin first before you can tell me you make money you can be holding a coin now and you will be in a good profit within some few Minutes you will be at lose already so till you sell a coin before you can boost of your money!!!

[tatalin]

That’s what you called unrealize gain since you haven’t sold anything yet. For me, if you haven’t sold your coins, you haven’t made any money on that certain trade. Sell them and convert them to fiat so you can declare it as your actual income or money.

[molsewid]

In a way, if you consider bitcoin as an asset more than a money then you proabbly lean on not making money yet. I wouldn't suggest hodling forever or for a long time, take some cash out of your hodl, consider it as your reward for the patience that you had all this time hodling bitcoin and having a lot of tempting prices that you could've sold and times that you wanted to escape because the price is falling but you hodl on.

Hodling from the essence itself wasn't the best way to earn a profit if you are aiming to earn a high profit. But if we were going to look back I do regret that I didn't keep half of my earned btc coin wayback then because of the low price that bitcoin has at that time, and sadly i'm in case of emergency that time so I don't have any other choice but to exchange it into fiat. All I can say was hodling can be an easy step to those who just wanted to kept their btc but to those who are aiming for a profit it isn't advisable.

[jjdub7]

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

If I have to answer the question directly from the topic title "Can you say you made money if you never actally sell your coins?":
You can't make money if you don't sell anything, because coins don't bring dividends on an annual basis or bonuses like some other assets, they just accumulate value and until you sell them you really have nothing.

[Cling18]

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

I don't think holding forever would still be profitable since cryptocurrency especially Bitcoin is volatile. I usually set a certain goal and timeframe and sell my holdings once I reach it. I don't count my holdings as my money because anything could happen anytime and I could lose it if I wouldn't be skeptical.

[Pmalek]

You don't have to sell your coins if you have a way to exchange them for goods and services or use them as a means for payment. Bitcoin is an alternative to fiat, it doesn't have to replace paper money altogether nor is it suitable for all kinds of use cases. The more Bitcoin acceptance there is, the less reasons to convert your coins to fiat, especially for more expensive purchases.

In reality, most people have a price in their head when they are planning to sell their bags, and there is nothing wrong with that either. I would be happy if one day I woke up in a world where Bitcoin can co-exist with a government-backed currency. 

[tabas]

for most people owning bitcoin aims to make a profit. even though the holder is still aiming for profit, it's just a long period of time. I think it is only natural that people choose to profit from bitcoin and will not be able to stop their sales

And when you take profit, you have sold already

I don't think holding forever would still be profitable since cryptocurrency especially Bitcoin is volatile. I usually set a certain goal and timeframe and sell my holdings once I reach it. I don't count my holdings as my money because anything could happen anytime and I could lose it if I wouldn't be skeptical.

It won't be forever if there's a timeframe but I think these days when we say forever, we're telling someone that as another meaning of for a long time.

[oktana]

I'm not gonna shill BTC right now. Cause if I made huge profits from hodling, I could likely sell off and attend to life needs. The only unsure part is buying back at a higher price. Considering the fact that it will go higher(cant guess when), I'd rather take just a little percent and hodl on. No exact price to take out; just make your gain right.

[albon]

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

You must have a goal to sell. If you need money, then sell what you have and leave a part. If you don't need money, you have to leave your coins until you find huge profits, but you need patience for several months or years.