HODL...until when?

[bryant.coleman]

It is almost impossible to find the perfect timing to sell your asset. The least risky method in my opinion is to go for systematic and gradual profit booking, by selling a fixed portion of your stash every month. I would recommend this, if you hold considerable amount of coins (>10 BTC). But in case you have only 1-2 BTC in your wallet, then this strategy doesn't make any sense (because the amount you will receive after selling the coins will be finished in a couple of years). You need to wait for some more time, and wait for the exchange rates to reach $100,000 or $250,000.

[Dadan]

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.

I don't think holding is risky? It depends if you're in the short term or long term. As for a short time, it will not be profitable for sure as the market value right now is not very stable.
If you hold it for a longer time, there's a high chance that you can gain a profit from it as long as you wait for a good price to sell.

[AniviaBtc]

You can cash out depending on your sustainability, if you don't have enough money to spend and you are lacking of goods then you can cash out.

But a smart investor will surely work for his own resources and then separate the money for investment.

People are just holding because they don't need the money yet and they have other sources of funds to spend everyday.

[Kittygalore]

Until the time that you feel like selling your bitcoins and cryptocurrencies, you are the only one who can answer that question to be honest because other people won't be of no help with this one as each has their own take as to how long they are going hodl their cryptocurrencies.

[ShowOff]

Until the time that you feel like selling your bitcoins and cryptocurrencies, you are the only one who can answer that question to be honest because other people won't be of no help with this one as each has their own take as to how long they are going hodl their cryptocurrencies.

I believe this thread has nothing to do with any other cryptocurrency besides bitcoin. So I hope you really understand that what is being discussed is about bitcoin and nothing else.

OP, you can buy bitcoin anytime and you can also sell them anytime if you need money at that time. If you want to make a profit then you have to sell it when the price is higher than when you bought it. Holding bitcoin in the long term is believed to be the most profitable way but if you are a trader then set a target price to sell it and enjoy profit when the price hits the target you set.

[swiftbits]

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 depends, it could be an investment for the long term or emergency funds in the future, but I still consider it to circulate, bitcoin can be used in so many ways, the demands are high, people look for it. use it as an advantage and grow the money.

[xSkylarx]

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?

Hodling can work both as savings and retirement.

If something happens and don't have enough money, you don't have to borrow money from someone or get a loan during emergencies. If you manage to not touch it until you are not able to work then it can become your retirement plan. If you're still financially stable after retirement, then you can decide if your children will inherit your crypto investment.

It is the same when buying a tangible asset like pieces of jewelry, you will only sell it when you need the money from that particular investment.

[yohananaomi]

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?

maybe you can have different perceptions with people who want to keep holding it in order to achieve a renewable ATH price, after getting a new price start selling, if you believe it is different, of course, everyone has the right to decide.

It depends, it could be an investment for the long term or emergency funds in the future, but I still consider it to circulate, bitcoin can be used in so many ways, the demands are high, people look for it. use it as an advantage and grow the money.

should think like you, the name of investing in bitcoin can be sure the price will increase when we hold on to investment, because bitcoin will always create a renewable price every 4 years (halving). if you want to do daily trading, it is also very good because the price goes down and up is quite attractive, but it must be someone who he  patience who can do this.

[BlackHatCoiner]

Those who advocate hodling, when do you cash out?

The real HODLers plan to never cash them out. It's very simple; if Bitcoin becomes globally adopted and you can buy anything with it, there is no reason to use the dollar and thus, there is no reason to sell your sats by the thinking of buying products. Others, plan to escape the Bitcoin anarchy in the late 20's by the thinking that it'll collapse. Who knows? It may just be a human experiment and the biggest bubble in the economic history.

HODL, is an acronym that stand for “Hold".

Isn't it for “Hold On for Dear Life”?

[Fredomago]

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 depends, it could be an investment for the long term or emergency funds in the future, but I still consider it to circulate, bitcoin can be used in so many ways, the demands are high, people look for it. use it as an advantage and grow the money.

yeah right, people have thier own opinions about  this matter, as an investors or traders you need to look into any perspectives that you have in mind.

Holding can always treat as financial investment if you are aiming for long-term, always rely with how good you understand what you are doing and the level of your skills in controlling your emotions.

In any events, you are the one who's going to decide whether it's good for you to sell or if there's any emergency that happened.

[goldade]

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?

This is one of the most important questions, if not the most important one concerning hodling a coin. I realise that if we keep on hodling, one day death's going to come and you won't be able to cash it out.
So my guiding principle is to hodl as long as I don't need the money. Once I need the money, I cash it out.
The second principle, which is especially important for altcoins, is to set a particular profit target.  Once the price of the coin hits that mark, I take my profits.
So sometimes, I sell when I need money and other times, I take profits when it hits my target.

[Renampun]

If you think you have made a profit you can cash it out. This can't be called hold, for me hold it has a target, I personally do hold Btc for the next 5 years. And whatever happens in that year I will cash it, because that's the system I run. Or you can hold with the aim of getting a profit of 20 - 50%, if you don't get it you will still hold. It's simple and very easy to try.

this is the right action, hold but have a target price or time...

I myself set a target price for when I will sell the btc that I hold. even though at this time the fud that is happening is still big because of the latest news from Btc miners in china, I am very confident that Bitcoin will reach my target price.

[ven7net]

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?

Holding your cryptocurrencies is necessary in order to wait for the best price and sell them, fixing your profit. There are people who simply by holding the cryptocurrency believe that they increase their wealth in this way. Indeed, over the years, many cryptocurrencies have shown excellent growth in their prices and those who held the crypto were able to make excellent profits. For me personally, it makes no difference how long I will hold my crypto assets, since I always take profits when I need money for my living.

[Blowon]

I think hodl only applies to investors who don't think about it, they buy and then forget about it where they can succeed. However, most people expect that some time targets have a big advantage. if that means trading, "hold" is a suitable word when the market trend rises. It's not what it is today.

[bryant.coleman]

If you think you have made a profit you can cash it out. This can't be called hold, for me hold it has a target, I personally do hold Btc for the next 5 years. And whatever happens in that year I will cash it, because that's the system I run. Or you can hold with the aim of getting a profit of 20 - 50%, if you don't get it you will still hold. It's simple and very easy to try.

Well.. some people have a target in terms of duration, such as they will hold for 3 years or 5 years. For most of the users however, the target is defined in fiat currency, such as $100,000 per coin or $250,000 per coin. In my case, it is the latter scenario. Both methods have their own advantage and therefore I don't want to degrade any of them. But one negative with the first method is that, since Bitcoin is so volatile, there is a chance that a correction phase may be ongoing at the time you want to sell your coins. So what you will do? Will you sell your coins, or will you change your target?

[karanggatak]

hold until your goal of profit is achieved, in trading or investing we must have a clear goal of getting profit at which level, otherwise we will forever be confused asking how long to hold and it will be a cycle forever if the market is bullish or bearish, if it is achieved it's better to take profit and get out of the market first then if the market is bearish please buy it.
investment should not be confused, we just need to learn how to maximize profits and minimize losses. 

[TribalBob]

When is that, when someone says "hodl"?
when the coins we hold experience an increase of 10 -20% from the initial purchase of the tokens we have and we want a 100% profit from the tokens ( meaning hold in my opinion )

Is it a savings plan?
Yes, for me, hold is my planned future savings, up to a maximum ATH of one coin that I have

[Sanugarid]

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?

Well, obviously the best time to sell all of your BTC or only a small portion of your asset is when you badly needed some money in case an emergency happened in your life. It's not about how long your patience is but about how badly you need it.

[pawanjain]

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?

HODL is not a savings plan. HODL is an emtion.
Jokes apart, we HODL to gain huge profits over the long term. We do not sell until we see high returns on our investment.
Some HODL as long as they are in need to withdraw, some HODL until their long term targets are met and some HODL because it becomes a necessity.
Right now the market is in panic and instead of selling in a loss it's best to HODL. Forget your investments and stop seeing the prices for a few weeks or months.
I am myself in a loss and there's no other option than to HODL.

[Japinat]

Think if you need to hold, otherwise, you have to sell it. If you are investing Bitcoin at a higher than $33k, holding is really what you need this time but if not, I don't think there is a reason you'll be doing this. Because holding doesn't give you a profit, you only just to save from losing much. Every investor had already known this for sure and I won't encourage people to do this if not needed. Just like you will hold because you want more, sometimes you have messed it up.