HODL...until when?

[buwaytress]

Why don't we depend on other people's opinions, because we certainly have different goals and targets. If we want to invest according to our
own analysis and research, it will make us more confident when making decisions. From the selection of coins, to the target that we will achieve,
we should decide for ourselves. So don't be lazy to learn everything about crypto, so we can find out which coins we should buy and hold.
Most people will usually choose to invest in top ranking coins, because it is safer for long-term investment.

Anyone who seriously uses the words "invest", "analysis" and "research" in one sentence to describe what they do or should be doing, probably doesn't do enough of any to really know what they mean.

Selection of coins? There's no coin to select from if you've done enough analysis and research. There's just that one Bitcoin. And all the noise saying otherwise that keeps getting louder is evidence it's the only one worthy of your investment.

Everything else? Just for fun, baby.

[qwertyup23]

Those who advocate hodling, when do you cash out?

I mean, dying hodling is not the plan, is it? Eventually, you'd need to enjoy the fruits of your patience, right? When is that, when someone says "hodl"? Is it a savings plan? A retirement fund? What does it mean to hodl?

A simple yet difficult question to answer as it varies from person to person.

Personally, the time to cash out is when you purchase a certain of volume of BTC at a given price, and sell it on a higher price on which you acquired them. In other words, "purchase low, sell high". Though this may be considered as the golden rule of investing, it also varies from person to person depending on their goals. Most people sell their BTCs at a price that they do not agree but it is essential that they do it.

I am HODLing maybe for a couple of years or maybe when the next fork happens. By basing it on the price history alone, the trend is that every 4-5 years, the price of BTCs skyrocket- so that may be the green signal again for me.

[chichigirl]

Those who advocate hodling, when do you cash out?

I mean, dying hodling is not the plan, is it? Eventually, you'd need to enjoy the fruits of your patience, right? When is that, when someone says "hodl"? Is it a savings plan? A retirement fund? What does it mean to hodl?

I can hold it until I want to hold it...When i already chwnge my mind and will stop trading that is the time that I wilk sell my BTC but at the best price that I will be earning  a lot.

[molsewid]

Necessity means no law, I don’t wait for the price of bitcoin to rise when I need it. With Bitcoin I perform all the activities of my world and all my activities . As a result, I can't always wait for Bitcoin to grow.

We Have our own necessities in life that we sometimes couldn't follow our time frame for our investment. I mean, if there's an emergency and you don't have any other choice than to sold your bitcoin asset then I think there's nothing wrong with it. We have our own kind of time frame for our investment some may take it as a short, medium or long term investment but hodling bitcoin even in sort term, medium or long term is worth it.

[bitzizzix]

Necessity means no law, I don’t wait for the price of bitcoin to rise when I need it. With Bitcoin I perform all the activities of my world and all my activities . As a result, I can't always wait for Bitcoin to grow.

We Have our own necessities in life that we sometimes couldn't follow our time frame for our investment. I mean, if there's an emergency and you don't have any other choice than to sold your bitcoin asset then I think there's nothing wrong with it. We have our own kind of time frame for our investment some may take it as a short, medium or long term investment but hodling bitcoin even in sort term, medium or long term is worth it.

If you let problems and needs only obsess over making big profits, it is greed and our goal here is to be able to keep funds in reserve and when in need there is no harm in using them.

You can sell it as per your requirement and keep the rest back and that way you can solve your problem in peace and you also keep investing, I personally invest long term and but if I need it I will sell it as per my requirement and when the price drops I will buy it according to their ability and hold it, so that the trades I make when I need them my holdings will come back and even more.

[Veter2000]

I think it is also necessary to distinguish the timing. It can be sold at a good time. There is no need to last for a long time. There is no prescribed timeline. It is entirely up to you.

Only people who have a lot of money can hold it for the long term, for me bitcoin and crypto are short-term investments (less than 3 months), when I get the profit I want then I immediately sell it, moreover I'm still in college so there are many sudden needs.

It does not depend at all on the amount of money the investor has, but on his investment horizon and investment goals. I have been holding bitcoin since 2017 until now, since for me this is not the only investment and my investment horizon for bitcoin is about 10-15 years or the achievement of an investment goal.