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Author Topic: HODL...until when?  (Read 2150 times)
Amejoaquim
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June 21, 2021, 01:49:59 AM
 #41

I will hodl my investment until my goal is reached.

I'm so confident about my investment because i really know about what i invested in, so i no need to worry even tough the price of my coin drop 20-50%.
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June 21, 2021, 02:31:16 AM
 #42

HODL means to hold until you met your desired price and ready to sell to take profit.

Trading is a bit easy yet hard if you know, what I mean. You trade so easily without a hassle yet you face the problem of volatility. The movement that even the best trader would have to struggle to predict correctly. But if you do more technical analysis before trading you might as well hit a bonus and get a good profit.

HODL! until you have earned your return of your investment and until your desired amount of price of a token or lets say the price of bitcoin satisfy your desired amount of ROI.
We all deserve to enjoy the fruit of our patience and we are all entitled for that but the amount of fruit that you may enjoy is all depend on your decision, depend on your choice.
In my case I still don't want to sell my bitcoin for now, I mean the price is not yet satisfied my desire target price so I'm going to hodl it for a while till bitcoin price pump again but it'll need me to check the market from time to time to see any movements of the market.
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June 21, 2021, 02:36:01 AM
 #43

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?

It is when i really need emergency funds , though i still have savings in Banks for these occasion yet sometimes i am short of funds and need to take some out.

but the problem is when the price goes very low and with this i decide sometimes to take a Loan instead of withdrawing my crypto funds.

I will hodl my investment until my goal is reached.

I'm so confident about my investment because i really know about what i invested in, so i no need to worry even tough the price of my coin drop 20-50%.
That's not true lol ,you will be needing funds at some point and nothing to choose but to convert .

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June 21, 2021, 02:54:47 AM
 #44

It is not possible to determine exactly when to hold you have to choose the right time to hold by looking at the market situation. It is not right to keep more days for more profit so if the price goes down you will have to fall into loss therefore it is better to sell your capital if it is profitable at present the prices of currencies in the market are very low. Now is the right time to hold and hold on without selling now to avoid loss the prices of the currencies will go up further.
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June 21, 2021, 03:13:51 AM
 #45

We have a different perspective if we are talking about hold until it satisfies you to make a pull-out or withdrawal. Some people saying they want to hold those coins until they reach another set of ATM but for me, it's not ideal instead of holding your coin try to sell into the ATM and attempt to buy into another dip of the market. Sometimes those people who always stay they hold is those bought into the lower price or the one who just want to suffer others and get stuck they investments. Ideal hodl is once your reach your profit and get satisfied.

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June 21, 2021, 03:16:10 AM
 #46

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?
For me, it mostly depends on when I got into the market. I will definitely Hodl if I had bought somewhere at the top regardless of what was going on but if I had entered the market from when it was really low, I know I would take some profits during a big correction like we had and plan a re-entry at some point when the price is low. I don't think HODL means for eternity.
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June 21, 2021, 03:46:44 AM
 #47

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?
For me, it mostly depends on when I got into the market. I will definitely Hodl if I had bought somewhere at the top regardless of what was going on but if I had entered the market from when it was really low, I know I would take some profits during a big correction like we had and plan a re-entry at some point when the price is low. I don't think HODL means for eternity.
Maybe OP is asking this as some holders had their specific time frame when to sell out that's why he is looking for the exact time when.
Like me i wanna keep my funds until the end of this year meaning i may risk selling in losses or maybe in big profit before the year ends.

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June 21, 2021, 04:13:21 AM
 #48

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?
For me, it mostly depends on when I got into the market. I will definitely Hodl if I had bought somewhere at the top regardless of what was going on but if I had entered the market from when it was really low, I know I would take some profits during a big correction like we had and plan a re-entry at some point when the price is low. I don't think HODL means for eternity.
OP may have an Investor-style thinking, and investors always wait 8 to 10 years to see their profits, of course this taking it from the point of view of investors like Warren Buffet, who are people who have experience in the Stock Market. , what I can induce is that in the Crypto market the investment gains usually last 3-4 years if you buy at the Bitcoin Accumulation stage. This is only true if and only if they buy in the accumulation stage because the first accumulation stage happened from 2014 to 2017 and the other stage from 2018 to 2021 and there is still a way to go, because what we are currently experiencing at my criteria is a bullish trend stage with a strong correction.


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June 21, 2021, 04:30:59 AM
 #49

HODL doesn't mean that you need to hold 100% of your coins for the next 20 years. In my case, I made my first investment in 2014. I still hold around 50% of my original coins from that time. But during 2015-21, I have sold a large part of my stash, and at the same time I have earned a few coins through signature campaigns and airdrops. Depending on your risk appetite and financial condition, you can also decide for how long you want to hold and how many of your coins can be earmarked for profit booking. I never recommend anyone selling all of their coins at once.

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June 21, 2021, 05:32:49 AM
Merited by LFC_Bitcoin (1)
 #50

I would sell 10 years from now. Even 20 years from now or hold it forever to politically stand against the fiat, the bankers and the government.
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June 21, 2021, 05:40:38 AM
 #51

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?

Just like your normal decisions in life, holding your coins is your own personal decision. whether you wanted to hold the coins for too long or only for a period of months like many people do. don't get your decision on others because it's your wealth after all and all we can give you is a bit of mere advice. Therefore, you need to check the market whenever there's some bad news about crypto because the price seems to get affected whenever that happens and your hodl will be in jeopardy as well. It's best for you to hodl for a period of months if you don't have enough patience to do the long run or whenever you feel to sell your coins it's up to you anyway.

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June 21, 2021, 05:41:54 AM
 #52

Hodl will hold out until someone has had enough to enjoy the results. There was even a holder who gave up because he was panicking because of the falling market price and that was what made him get out of line, called the holder. Maybe for people who say hold, it is also a strategy to increase market prices and stem declines.
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June 21, 2021, 05:47:49 AM
 #53

I will be holding until I’m not started to run out of fiat money. Or I will trade part of my holding, when I want to feel the joy that I’m paying not with fiat, but getting something for free (meaning I will pay with profit, gained from holding).
But a lot depends from what type of holder you are. I’m holding my signature bounty rewards, plus something from launchpool or crypto from other projects. If I were a trader, I would not become a life time holder. Instead I would reinvest from time to time.

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June 21, 2021, 06:30:23 AM
 #54

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?

Everything is just 'buy low,sell high'.If the price of Bitcoin falls under the level,in which you bought BTC,then you don't sell at a loss,you just HODL.
If the price of Bitcoin is higher than the price,in which you bought BTC,you can sell it if you want to or you can HODL,if you are a "to the moon" BTC maximalist and you believe in the 100-200K price predictions(or you are just greedy),then you will most likely HODL.
Bitcoin is NOT a savings plan or a retirement fund.Bitcoin is more like playing poker-you choose when to go all in,when to play and when to leave the table with your profits.

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June 21, 2021, 06:44:53 AM
 #55

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?
If you're happy with the result of your investment then its time to sell. Hodling doesnt necessarily mean you'll never sell, thats why we have different goal and different set price on when to let go.

In the process of holding, taking profit at times is needed to enjoy your investment. Thus even the price suddenly decreased its not going to be a big deal since you already enjoy some of it while waiting for your set price to finally sell.

Thus the answer for this question depends on how we see bitcoin, what's our goal, and our plan in the future.
isaac_clarke22
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June 21, 2021, 06:50:16 AM
 #56

~
Same strategy there. Cheesy
I don't ever open my wallet whenever I am just chilling at the moment.
I would be just like hiding under my bunker with my Bitcoins and even if the bearish dip happens, I wouldn't care and still hodl.
I'll just sell when "lemons in life" arrives.
ChrisPop
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June 21, 2021, 07:07:47 AM
 #57

I would sell 10 years from now. Even 20 years from now or hold it forever to politically stand against the fiat, the bankers and the government.

There are better ways to protest against the current system. As individuals we seldom have the power to change major things in the society. We mould around the society, not the other way around. Small ripples create a bigger ripple and so on. Do not hodl for the sake of hodling - you will transform yourself in a martyr for nothing. Instead you should hodl Bitcoin if you believe the fundamentals are strong and the future perspectives are bright.

IMO setting time limits for keeping an investment is generally not a good idea.
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June 21, 2021, 07:15:26 AM
 #58


you can cash out any time you want but if you just sell when the price was still high, the time must be on your side. or you can hold until you need the money badly. that's now the ideal if you want to maximise your profit. just always think of the worse scenario every time there is a bull market. because it usually will happen, it's a cycle that the market reacts normally so sell whenever there is a price bubble.

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Chato1977
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June 21, 2021, 07:18:23 AM
 #59

Those who advocate hodling, when do you cash out?
i mostly give it 6 months to 1 year per holding season , but if there's nothing happen then i will extend my holding to another year i guess.
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I mean, dying hodling is not the plan, is it?
If you will turn back time , those early adopter even hold their coins for 10 years or less right?
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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?
depend on how you look at it, part of my holding are for retirement mate.


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June 21, 2021, 07:41:07 AM
 #60

holding is a risky option because not every time the market will pump as sometimes it tasks even years to pumped a coin and if you wait that much time then your money will be stuck.
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