The power of Bitcoin HODLing

[Lanatsa]

This is something that is many times ignored and it is true, without a doubt holding your coins is the best strategy over the long term, and while there are some people that can hold their coins without any problem things are never that simple, holding is hard especially if you happen to buy at the wrong time.

There are may people that bought at the end of 2017 and thought the price will keep going up only to endure a huge crash, after that the price did not move much for two years, anyone that still held their coins during that time is probably finding it incredibly easy to hold their coins now but I will not be surprised if only 5% or less were able to do it as the losses those people were forced to suffer were nothing to laugh at.

Something that do talk about psychological aspect because you would always know that you are holding something behind which means that if you do actively watch the market
on that manner then you would always have the tendency on making out decisions.

Human beings are emotional and once you do saw that your portfolio is on reds then its really hard to resist on not to make any reactions.

This is an interesting point and you are right, when people see that there is something wrong most of the time they try to change things up, this tendency is what causes political and technological revolutions as people get tired of how things are and they decide to change things up, and what better example of this tendency than bitcoin itself.

However there are many instances in which doing something is wrong and the best thing that you can do is to do absolutely nothing and holding is the kind of strategy that requires you to sit down and do nothing, but psychologically speaking this is very difficult because we have a tendency to be problem solvers and once we see that our portfolio is on the red people want to do something about it and holding tells them that they are wrong.

Really hard to resist when you are on that situation on where you do need to do something for you to avoid more losses on your portfolio which I do agree on that problem solvers
word which is part of a human behavior which most of the time its hard to resist on.

Making such move should really be accompanied with in-depth analysis and considerations where lots of trial and error would be based up also according to your own market experience.

Hodling might sounds easy but the factors around that will affect you isn't something that you can just ignore without having some enough experience.

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[Dewi Aries]

Not only imagine, how was people's feeling with bitcoin that they bought in 2014 although price is  quite high than $1. I think most people wouldn't imagine this, or imagine that because for me still no one know where bitcoin price is gonna be. Maybe with just grateful if we already sold our coins in cheaper price that now will be the key to help us.

[carlfebz2]

Not only imagine, how was people's feeling with bitcoin that they bought in 2014 although price is  quite high than $1. I think most people wouldn't imagine this, or imagine that because for me still no one know where bitcoin price is gonna be. Maybe with just grateful if we already sold our coins in cheaper price that now will be the key to help us.

There's no going back because we would just be stressing out ourselves on thinking about the probabilities if we had able to get in on that particular time.

We had missed the train and theres no way for us to go back and only to those who had believed on bitcoin into its earliest days or years would really cherish out on things

that they had able to risk on that particular time but well not all had able to access their coins but for those who had able to then they are really making some big bucks now.

[Kittygalore]

I still remember about 6 years ago I bought 2 btc at a price of $235 (total $470), unfortunately I used it for HYIP and cloud mining so there was only 0.25 btc left, I kept it on coinbase and in 2017 I opened it again the value was around $2400, this is a lesson for me that hold bitcoin very profitable in the long run.

But what happened to your endeavors with HYIP and cloudmining? Did you at least made some money out of it? Also, are you still hodling those .25 bitcoins as of now? That amount of bitcoin is a pipe dream for many including me so I hope that you still have that. I am hodling too but it's not as much as you have.

[DU18]

Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today.




Twitter: https://twitter.com/michaelbatnick/status/1348071853617782784


Look at the value of $1,000 invested in bitcoin five years ago




Twitter: https://twitter.com/JonErlichman/status/1373638414227156992


Not HODLing can be hazardous!




Twitter: https://twitter.com/adam3us/status/907404159179268096


A lesson for a lifetime. I learned my lessons, how about you? are you?

that's why many terms are popping up today such as holder is winner, hand of diamond and so on which really mean that people who hold bitcoin will get big profits, now we still have the opportunity to be able to get big profits in the future by buying and storing bitcoins for a long time, especially now that the price of bitcoin is starting to decrease slightly so we can buy it at a cheap price.

[Imran232]

..................

If i shown this type of picture then first he can't believe it. Or if i seen it then i also thought its not possible or its might be fake because online has 99% fake things. Abd rich people can do anything. What we can't do because i am from lower middle class. Rich people have money and they know how to make money from money. Lower middle class has only money to eat or survive. Whats still my position. But i believe now bitcoin can do anything possible. I also can be a rich person if i invested my money on crypto when i saw crypto first time at 2017 i saw its growth its down and its back strock in market. Crypto can reach a person from ground floor to top floor and also top to ground if you didn't use it in its way. I missed 2017 time but i didn't miss from 2019. I know only crypto can help me to full fill my dream.

Everyone wish for me so that i can level up my self and for my family too.

[UnDerDoG81]

Those who bought on July 2010 probably have sold their Btc when it was priced at $100, those who sold at $1,000 probably was considered as a strong hodler.  And those who bought Btc five years ago probably has sold when It reached a $19,000+ ATH in 2017.
So, I guess a lot of em would be learning the lesson then?

Not hodling means you don't trust Bitcoin even If it has been constantly increasing every year.

I bought 2013 and was dumb enough to not sell 2017 just like I was dumb enough to not sell at 64k

[2double0]

Those who bought on July 2010 probably have sold their Btc when it was priced at $100, those who sold at $1,000 probably was considered as a strong hodler.  And those who bought Btc five years ago probably has sold when It reached a $19,000+ ATH in 2017.
So, I guess a lot of em would be learning the lesson then?

Not hodling means you don't trust Bitcoin even If it has been constantly increasing every year.

I bought 2013 and was dumb enough to not sell 2017 just like I was dumb enough to not sell at 64k

Who knows if your prolonged holding may pay you off something very large in number which even you have not thought of? You may call yourself dumb if you were in loss but you are already 39 times up because in 2013, btc reached only $1000 as its ath then.
No wait is smaller, no rewards are bigger.
Time is very costly and any rewards cannot justify your wait to achieve those rewards, and because it is in our nature, we will always be greedy to call even a grand success small as we will think that we deserved much more and better than that achievement.

[n0ne]

Imagine, $1 invested in Bitcoin in July 2010 is worth $800,000 today.
https://i.imgur.com/eB7hd3g.png
Twitter: https://twitter.com/michaelbatnick/status/1348071853617782784
Look at the value of $1,000 invested in bitcoin five years ago
https://i.imgur.com/8R45LAa.png
Twitter: https://twitter.com/JonErlichman/status/1373638414227156992
Not HODLing can be hazardous!
https://i.imgur.com/bNE7DcY.png
Twitter: https://twitter.com/adam3us/status/907404159179268096
A lesson for a lifetime. I learned my lessons, how about you? are you?

that's why many terms are popping up today such as holder is winner, hand of diamond and so on which really mean that people who hold bitcoin will get big profits, now we still have the opportunity to be able to get big profits in the future by buying and storing bitcoins for a long time, especially now that the price of bitcoin is starting to decrease slightly so we can buy it at a cheap price.

This list of tweets is more than enough to show the value of holding bitcoin. In most cases the long term investment always gives good results. Atleast now onwards focusing on the holding plan seems to be the best choice. Very few believed its growth, whereas the rest still find it a boom as the .com and it is a must to keep hodl of bitcoins atleast for five years of time.

[Kusman]

I really regret that I didn't buy even $1 worth Bitcoin in the first times of it. I would be very rich right now. But I know that nearly everybody says the same thing now. And as long as people insist on not buying now, they will feel the same thing in the future again. This is like an endless loop. So, it is the best to invest into Bitcoin and HODL it whatever the price is.

[ivankoh]

However there are many instances in which doing something is wrong and the best thing that you can do is to do absolutely nothing and holding is the kind of strategy that requires you to sit down and do nothing, but psychologically speaking this is very difficult because we have a tendency to be problem solvers and once we see that our portfolio is on the red people want to do something about it and holding tells them that they are wrong.

Exactly, it comes from psychology, the level of risk of holding is passive, but in return Hold is the way to create the greatest profit, but it is necessary to be persistent and confident. Excessive time demands will reduce the success rate for this market.

[romero121]

Holding is always a good choice with cryptocurrency. Some keep it idle without making it involved on any kind of activities. This should not be done with any cryptocurrency. Right now users have the access to stake and get rewards, which is a wise choice. Rather than keeping it secure it is always good to experiment and earn a little out of the long term holding asset.

[Wawa2013]

I really regret that I didn't buy even $1 worth Bitcoin in the first times of it. I would be very rich right now. But I know that nearly everybody says the same thing now. And as long as people insist on not buying now, they will feel the same thing in the future again. This is like an endless loop. So, it is the best to invest into Bitcoin and HODL it whatever the price is.

Not only you regret not buying Bitcoin when first hear about Bitcoin, most people regret not being an early adopter. Therefore, all of us should not
make the same mistake, because if we look at the history of the Bitcoin price which continues to rise, should start from now collect as much Bitcoin
as possible. So when the price of Bitcoin goes up, we can make big profits. Therefore, buying Bitcoin regularly and holding it until it reaches the target
price we want is something we really have to do right now.

[janggernaut]

Stop f*cking saying about power of HODLing , and etc like that. Do you think you can HODL for years? When the price increased 100x or 1000x already, will you still can HODL? So stop f*cking comparing if we had invested any amount in 2010 or even last year because it's doesn't mean anything.

Instead of that, it would be much better for us to HODL and keep accumulating bitcoin now for future, make those who saying bitcoin is shit to take their word back later

[rahmatrf331]

Very inspired to see people who are able to hold on for a long time, they are able to lower their minds not to sell in a short time. try to imagine if we are the ones who buy at the trial price of launching bitcoin for the first time, and sell at the current price, maybe we are already billionaires. but now i just realized that hold is really good.

[Obito]

Very inspired to see people who are able to hold on for a long time, they are able to lower their minds not to sell in a short time. try to imagine if we are the ones who buy at the trial price of launching bitcoin for the first time, and sell at the current price, maybe we are already billionaires. but now i just realized that hold is really good.

It's rare to find one that really hodl for a long time plus most people that have bought at that time have probably sold what they hodl when the prices were at 3 digits or worse at 2 digits. What you're feeling right now is called hindsight and that's what people feel when they fantasize what they could've done if they were given a second chance.

[StreakW]

If you save Bitcoin from a few years ago and sell it this year, then you are sure to make a big profit because of the patience you have. Yes he is fortunately storing Bitcoins. The world's largest cryptocurrency has delivered over 300% returns this year.

[Rajamuda]

Very inspired to see people who are able to hold on for a long time, they are able to lower their minds not to sell in a short time. try to imagine if we are the ones who buy at the trial price of launching bitcoin for the first time, and sell at the current price, maybe we are already billionaires. but now i just realized that hold is really good.

It can also be a source of motivation for us, to be more confident and stay consistent with Bitcoin investments. So many people are vulnerable to their trust in Bitcoin because many things such as news or certain issues that make them waver, now the winner are of course people who have high trust in Bitcoin. Well, the point is that long-term investments are only worth doing by true Bitcoiners.

[Kittygalore]

If you save Bitcoin from a few years ago and sell it this year, then you are sure to make a big profit because of the patience you have. Yes he is fortunately storing Bitcoins. The world's largest cryptocurrency has delivered over 300% returns this year.

The problem is that not a lot of people knows the future and it will always be uncertain even if we see bitcoin right now as promising as it's going to be. Plus, there's nothing wrong with trading, you can still make some money out of it although you have to be a good trader but it's definitely worth the shot.

[rincoeng1986]

If you save Bitcoin from a few years ago and sell it this year, then you are sure to make a big profit because of the patience you have. Yes he is fortunately storing Bitcoins. The world's largest cryptocurrency has delivered over 300% returns this year.

The problem is that not a lot of people knows the future and it will always be uncertain even if we see bitcoin right now as promising as it's going to be. Plus, there's nothing wrong with trading, you can still make some money out of it although you have to be a good trader but it's definitely worth the shot.

If you have a passion for trading and can read the current cycle of the bitcoin price when it will go up and when it will go down, you are very good at trading, but if you don't read and predict market prices, just hold on and make a profit later on. because many people have been successful through patience before for not selling at the old price and selling at the current price.