The HODL to 100K movement

[arwin100]

HODLing until reaching $100k is one of the reasonable acts I think. There has been another great run in the market now. Bitcoin price seems like capable of reaching a new ATH level even in October. $100k target is not just a dream for this year but it is not easy to achieve also. But sooner or later especially with a bull run, I think that it will come true.

 For what happen recently it show its capability that it will reach to that figures but we don't know yet on when this time to happen so make sure that if we want to buy right now then do it so that we can will not buy when price is already at top. But if things goes worse and the expectation didn't show up then best to have another money to spend as back up and do buy back when everything fall in bad shape on this year.

[1715270970]

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[1715270970]

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[Dr.Osh]

a pretty effective strategy if we can get other people to promise not to sell, and hold their bitcoins until the $100k arrives. Unfortunately, everyone's condition is always different. there will be times when people will be forced to sell the assets they own, and that is an economic problem.
however, I believe that the price of $100k can be reached in the near future. that is due to the widespread development of bitcoin. however, in this matter of holding back, you can start through yourself first. however, a day trader would also not do that because it would be against their principles. however, I believe, if everyone did that, even the price of bitcoin could be higher than $100k.

[Kittygalore]

HODLing until reaching $100k is one of the reasonable acts I think. There has been another great run in the market now. Bitcoin price seems like capable of reaching a new ATH level even in October. $100k target is not just a dream for this year but it is not easy to achieve also. But sooner or later especially with a bull run, I think that it will come true.

That's subjective, some people out there will find it ridiculous especially when the prices starts going up again and we see another all time high albeit not 100k. You're optimistic but the problem is that you're ignoring the uncertainty of the future, what if along the way, the prices starts going down or there's a news that heavily influenced the market in a negative way.

[dothebeats]

Well if they are really dedicated to what they are proposing, let them do it. Though I doubt that they'll gain a lot of followers for the movement, as there will be a huge number of people certainly not prepared mentally to hold until that price, especially if they also need some quick cash for something. While it is a good idea to hold until a certain price point, you simply cannot ask other people to do it whole-heartedly.

While hodling is an acceptable way of keeping your coins, I'm still hoping that sooner or later, we will be actually using bitcoins directly to purchase something.

[DaveF]

Sell now, buy more when it dips and then sell at another high point. If you see BTC as an investment / way to make money then that is what you should be doing.

If you see it as something else, like a gateway to economic freedom for people or a way for people not to worry about central banks or other things then you should be holding some and spending some to keep BTC in motion.

If you see BTC as something else then you should be doing whatever makes that happen.

But picking an arbitrary number to hold to is a personal goal and that number will probably not work for most people.

-Dave

[ChiBitCTy]

Why not have the hodl for life pledge?  I don't really understand why so many people are waiting for bitcoin to hit 100k, but then what? Do you plan on completely cashing out once bitcoin hits 100k?  Personally I plan to continue to accumulate bitcoin and sell here and there as needed, or use it as payment here and there as needed, but I have no plans to ever sell the stack.

[nullama]

I don't see the point in buying fiat with Bitcoin.

Paying for something, sure, but just converting Bitcoin to fiat to keep the fiat?, makes no sense to me.

[marine4u]

The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl, then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction. The "game theory" being who breaks the pledge first as they "selfishly" trade. So you take the pledge and spread the word to others.

Hold is not a game changer to $100k by nature, I doubt larger technical moves like Taproot or peripherals like ETFs, Fed reports on how bitcoin and crypto could fall  The risk depends on the USD.  A lot more comes from building plans for market makers.  HOLD is just a momentum that comes from belief in the weight of bitcoin in this historical cycle.  Anything can move along the tunnel to reach 100k $

The way bitcoin reflects is representing the right direction of cryptocurrency for future demand.

[kryptqnick]

Anyone have views on this movement that seems to be gathering pace last few days?

The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl, then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction. The "game theory" being who breaks the pledge first as they "selfishly" trade. So you take the pledge and spread the word to others.

Personally I like the idea and "get it". I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal.

Personally, I think a lot of traders kid themselves about being able to profitably trade. The only guaranteed winner on trades is of course the exchange, which over time sucks money out of the crypto ecosystem, much like a rake on a poker table.

I would post the image that can be circulated if you take the hodl 100 pledge but no idea how to post pix here. 

$100k seems a very realistic prospect for the end of 2022, and I'm sure many people are interested in hodling till this symbolic target price. That being said, I don't like the idea of uniting and hodling till $100k because then comes the natural question: what next? And if the goal is to hodl till $100k, they'll most likely sell everything once the price gets there, and this will be very damaging for the price as well as for Bitcoin's reputation among investors. Everyone should have a target price or at least a target purchasing power because otherwise Bitcoin's just numbers on the screen. But if many people set the same target price, it'll have negative consequences for those who are left.

[goldkingcoiner]

Another thread full of people who don't realise BTC is the new money. HODL for 100k? More like HODL for LIFE! Anyone who does not understand this does not understand bitcoins true potential or that the future is bitcoin. Fiat is dying. Why why why would you trade your money for monopoly money?

That just does not make any sense to me....

[Kong Hey Pakboy]

I don't see the point in buying fiat with Bitcoin.

Paying for something, sure, but just converting Bitcoin to fiat to keep the fiat?, makes no sense to me.

Well, a man's got to eat and no matter how much you love bitcoin if you can't use it for daily transaction, it's going to be useless. Now if it was that way, then probably there's a chance that it's stupid to convert back to fiat but no, we aren't there yet so you don't get to say how people do things.

[sirminesalot]

Another thread full of people who don't realise BTC is the new money. HODL for 100k? More like HODL for LIFE! Anyone who does not understand this does not understand bitcoins true potential or that the future is bitcoin. Fiat is dying. Why why why would you trade your money for monopoly money?

That just does not make any sense to me....

Lol i'm agree, people keep holding fiat money that can be produced anytime and private just for the world leaders. If anyone is open minded about blockchain and bitcoin, they have to no longer collecting fiat as their savings but invest on bitcoin which so transparent and could be traded anytime worldwide.
So no matter the price is, keep holding it and it will become so much valueable when all people starts to realize it

[dupee419]

Anyone have views on this movement that seems to be gathering pace last few days?

The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl, then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction. The "game theory" being who breaks the pledge first as they "selfishly" trade. So you take the pledge and spread the word to others.

Personally I like the idea and "get it". I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal.

Personally, I think a lot of traders kid themselves about being able to profitably trade. The only guaranteed winner on trades is of course the exchange, which over time sucks money out of the crypto ecosystem, much like a rake on a poker table.

I would post the image that can be circulated if you take the hodl 100 pledge but no idea how to post pix here. 

$100k seems a very realistic prospect for the end of 2022, and I'm sure many people are interested in hodling till this symbolic target price. That being said, I don't like the idea of uniting and hodling till $100k because then comes the natural question: what next? And if the goal is to hodl till $100k, they'll most likely sell everything once the price gets there, and this will be very damaging for the price as well as for Bitcoin's reputation among investors. Everyone should have a target price or at least a target purchasing power because otherwise Bitcoin's just numbers on the screen. But if many people set the same target price, it'll have negative consequences for those who are left.

Could actually happen in 2 or 3 years, unfortunately, it is also true that forming a group would likely cause the price to plummet, and no ones like that, also, if everyone will hodl, the chances of Bitcoin's value reaching 100k will take longer, so it is also true that everyone of us must have a target price of selling our bitcoins.

Also, hodling is such an idle thing to do, most hodlers will get bored and wait for the green light to sell their hodlings, not unless if you do have passive or reserved BTC intended for hodling once BTC reaches a new ATH or even $100k.

[rozak]

Another thread full of people who don't realise BTC is the new money. HODL for 100k? More like HODL for LIFE! Anyone who does not understand this does not understand bitcoins true potential or that the future is bitcoin. Fiat is dying. Why why why would you trade your money for monopoly money?

That just does not make any sense to me....

more people do not believe in bitcoin's future potential as a very valuable currency. trust is still largely in fiat. it is used every day and in reaching everything easily.
bitcoin as an investment asset has not yet achieved this. but our belief in the future by replacing fiat values I think will come true.
we have seen how bitcoin is growing fast and getting clear regulations from several countries. this is the start of a great opportunity of developing bitcoin's true potential.

[BIT-BENDER]

Anyone have views on this movement that seems to be gathering pace last few days?

The basic concept I believe is that if we all act in unity, and collectively pledge to Hodl, then with continued demand (and far lower liquidity due to everyone hodling) the price will move in a sustained upwards direction. The "game theory" being who breaks the pledge first as they "selfishly" trade. So you take the pledge and spread the word to others.

Personally I like the idea and "get it". I'm a hodler and will do my part. But the "traders" seem almost offended at such a proposal.

Personally, I think a lot of traders kid themselves about being able to profitably trade. The only guaranteed winner on trades is of course the exchange, which over time sucks money out of the crypto ecosystem, much like a rake on a poker table.

I would post the image that can be circulated if you take the hodl 100 pledge but no idea how to post pix here. 

I use Bitcoin now to pay for my data service, since my data vendor now accepts crypto-currency, I also do some of my school research work paying the cyber cafe attendant in crypto-currency, and to me it has been exciting, this is what interests me about crypto-currency and to to hodl when I probably need to get somethings done, regardless I don't think everyone will be in on it, still many are already hodl till $1million.

[DarkDays]

Despite that the cryptocurrency market is unpredictable, I am thinking that BTC might go up to as much as $80k. $100k is still a possibility since we are already in the 4th quarter which is kinda “bullish” period. Unless there are some sudden circumstances that would result to short term pullbacks, the chances of $100k this year would be slim to none. Just my opinion.

Well, you're not in the wrong predicting at that price point, pretty sure that there's a possibility that bitcoin is going to be going up, especially when December comes, that's the most notorious year when prices go up in value. Probably hodling right now is the best thing that anyone can do and it's going to be risky to buy right now.

Yes, given how Bitcoin performed in December time in the previous years there is a good chance that a large proportion of people will just HODL. However, just because we think it is better to HODL, to form that unity to push up the price doesn't mean it will happen.

The market is volatile and there are numerous people with BTC that in the end will do what's necessary gains for them.

There just isn't no point in hoping for something which clearly can't be controlled for.

[wissy]

This is how thing should be going in the perfect world, but you need as little as one person to crash this type of alliances. There will always be that someone, who is too greedy and anxious and will dump as soon as he get the slightest chance.
Also, exchanges will never let people only hold their assets in cold wallets, they need money from transactions, thats why there are always some promotions going on, which to be honest, only help wealthy people.

[imstillthebest]

Another thread full of people who don't realise BTC is the new money. HODL for 100k? More like HODL for LIFE! Anyone who does not understand this does not understand bitcoins true potential or that the future is bitcoin.

That just does not make any sense to me....

im not sure if your against the op or not .

btc is the new money so people should spend it rather than hodling it . btc is now over 55k and still growing , 100k is not far so we arent hodling for life  . some believes that btc has a potential in the future so they hodl thier bitcoins and not by spending it .

Fiat is dying. Why why why would you trade your money for monopoly money?

you mean why trade crypto to fiat ? we dont need to trade our crypto to be able to spend it but we can spend it directly .

[Zilon]

Definitely not everyone would hold for long. Different things would come up that would warrant many to sell off. For me I am not much in a hurry to meet the $100k speculation but if it comes sooner better. Holders are patient investors who don't get bothered by bear moves because they are certain of a correction with maximum profit

[Furious 7]

Another thread full of people who don't realise BTC is the new money. HODL for 100k? More like HODL for LIFE! Anyone who does not understand this does not understand bitcoins true potential or that the future is bitcoin. Fiat is dying. Why why why would you trade your money for monopoly money?

That just does not make any sense to me....

more people do not believe in bitcoin's future potential as a very valuable currency. trust is still largely in fiat. it is used every day and in reaching everything easily.
bitcoin as an investment asset has not yet achieved this. but our belief in the future by replacing fiat values I think will come true.
we have seen how bitcoin is growing fast and getting clear regulations from several countries. this is the start of a great opportunity of developing bitcoin's true potential.

Fiat is one of the currencies that is still in interest because of their daily transactions but for those who don't know always ignore bitcoin as a valuable asset in the future and of course we will be very strong with the HODL movement to the next 100k, won't this definitely happen? after a significantly improved development?
We are aware of this because the Fiat that we use so often will not disappear instead it is just a stable currency and bitcoin a more valuable asset than others.
That's all I believe that bitcoin is a place to store assets in the future.