HODL, HODL, HODL when can one actually sell Bitcoin?

[LUCKMCFLY]

Holding isn't mandatory, but the benefits of the same is big. Almost every cryptocurrency user have experienced it. It is suggested to hold, based on the growth happened in the market with time. If you're good in trading, then one can make good profit out of the fluctuation. Here very few will be successful with their indepth knowledge and observation about different cryptocurrencies. Majority just consider it an investment and keeps hold. Here also users get lucky to profit in short term as well as in long term.

Majority HODL bitcoin after facing loss in day or short term trading. HODL is best strategy to gain profit in BTC. As far as OP question is concerned that when to sell, IMO there is no best time to buy and sell. It all depends on your personal strategy , there is no point in HODLing your coins if you are getting decent profit. I sell me holdings if I see profit around 30 to 40%

Well, the ideal is always that those who own BTC want to save it and even more so knowing that their last ATH was very good, and considering that the next ATH will be much better than the last one, it is a matter of patience to wait like this for about 4 or 5 years but it is something that will really be worth doing.

Having an idea of these things, what some hodlers do is sell when the price is at its maximum ATH, well, everyone can determine it according to their experience and then once they sell a part, what they do is enjoy that money, Whether it's travel or improvements in your life, it's normal. I think this is a way to do it well, this is how Jesse Livermore did it and he said it in his books as advice.

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[KennyR]

Holding isn't mandatory, but the benefits of the same is big. Almost every cryptocurrency user have experienced it. It is suggested to hold, based on the growth happened in the market with time. If you're good in trading, then one can make good profit out of the fluctuation. Here very few will be successful with their indepth knowledge and observation about different cryptocurrencies. Majority just consider it an investment and keeps hold. Here also users get lucky to profit in short term as well as in long term.

Majority HODL bitcoin after facing loss in day or short term trading. HODL is best strategy to gain profit in BTC. As far as OP question is concerned that when to sell, IMO there is no best time to buy and sell. It all depends on your personal strategy , there is no point in HODLing your coins if you are getting decent profit. I sell me holdings if I see profit around 30 to 40%

30-40% profit is really good in the short/long term. Everyone won't be having similar strategy. My friend who is into holding of cryptocurrency have set a timeline. When the specific timeline is being reached he will cash it out unlike the market. This can bring him profit as well as loss. My opinion is to hold and if there is good growth, then sell it and buy back when market crashes. Nowadays majority of the holders were focused on short term profiting considering the risk out of market volatility.

[xSkylarx]

Holding isn't mandatory, but the benefits of the same is big. Almost every cryptocurrency user have experienced it. It is suggested to hold, based on the growth happened in the market with time. If you're good in trading, then one can make good profit out of the fluctuation. Here very few will be successful with their indepth knowledge and observation about different cryptocurrencies. Majority just consider it an investment and keeps hold. Here also users get lucky to profit in short term as well as in long term.

Majority HODL bitcoin after facing loss in day or short term trading. HODL is best strategy to gain profit in BTC. As far as OP question is concerned that when to sell, IMO there is no best time to buy and sell. It all depends on your personal strategy , there is no point in HODLing your coins if you are getting decent profit. I sell me holdings if I see profit around 30 to 40%

There is no point in holding when you are not spending the profit. I agree to this. There is no best time to sell or buy Bitcoin as long as you need it. Or if you have set something like a 50% profit, you will now sell your coin or buy more. My personal strategy was to go for 50% and cut my losses at around 60% too, but cutting losses depends if there are no developments to or new updates to the coin.

[Lanatsa]

Holding isn't mandatory, but the benefits of the same is big. Almost every cryptocurrency user have experienced it. It is suggested to hold, based on the growth happened in the market with time. If you're good in trading, then one can make good profit out of the fluctuation. Here very few will be successful with their indepth knowledge and observation about different cryptocurrencies. Majority just consider it an investment and keeps hold. Here also users get lucky to profit in short term as well as in long term.

Majority HODL bitcoin after facing loss in day or short term trading. HODL is best strategy to gain profit in BTC. As far as OP question is concerned that when to sell, IMO there is no best time to buy and sell. It all depends on your personal strategy , there is no point in HODLing your coins if you are getting decent profit. I sell me holdings if I see profit around 30 to 40%

There is no point in holding when you are not spending the profit. I agree to this. There is no best time to sell or buy Bitcoin as long as you need it. Or if you have set something like a 50% profit, you will now sell your coin or buy more. My personal strategy was to go for 50% and cut my losses at around 60% too, but cutting losses depends if there are no developments to or new updates to the coin.

Stop losses would be relevant if you do make out some purchases on some altcoins which it would really be understandable that you do really need  to look after for its development and updates
but for bitcoin then its not really needed since we've seen its potential where recovery is always next on line.

Selling decisions would really vary into each person.Some would really be holding until the very end and some would really be selling on a particular point
or depending on preference.

Profits isnt materialized until you do sold them.So there's always that kind of wrong belief on this case.

[Freeveto]

So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?
How then do we say we have made money from it if we don't sell?

Literally, There is no such specified time to for selling or buying your bitcoin, reasons are:

I. Traders/Investors do not enter the market and buy at same time
ii. Investors/traders do not as well hit the sell button also at same time, thus ( free entry and free exit .

Therefore if there's such a specified time when people will sell their BTC thus everybody will likely do the same thing ,
Hence there will no profiting opportunity.
There no law that exit in crypto that says you shouldn't sell, hodl and sell your BTC when it increased either by
 +20%,
 +30% ,
 +50%,
 +💯

[verita1]

When someone wonders how long to hodl bitcoin. It is because people follow a purpose and already feel tired.
If you need to sell some bitcoin, sell it.
It happened to me once, and it was for a good cause.
As soon as I sold it I felt the desire to buy more to meet the goal I set for myself.
That's the great thing about bitcoin that it's never too late to buy again.
We must drive away negative ideas about bitcoin because we have the opportunity to earn the benefit of owning it.

[nurilham]

When someone wonders how long to hodl bitcoin. It is because people follow a purpose and already feel tired.
If you need to sell some bitcoin, sell it.
It happened to me once, and it was for a good cause.

If you feel tired to hold, it means you have no good trust in your investment.
Why do you feel tired? You must buy crypto coins in hurry, then you set a target without good analysis. So, finally, you sold your coins because you give up to see the current market trend. Is it true? 

You must get a big lesson after selling it carelessly. In the future, you need to do the deepest analysis before buying and selling a coin. Don't regret it after buying or after selling a crypto coin.

[TheGhostMan]

Previously I talked about this topic of investors and well, everything depends on the people, in general, the people who want to sell or is it because they need the money or to acquire more profits, so they buy cheap and then sell expensive, but how does this happen? basically this movement is applied in long-term investors where for example. BTC is in a bearish chain and resists at $35k and you decided to buy (do not be alarmed and sell everything) we have to be patient and wait for this to have a bullish chain (this will happen thanks to the fact that cryptocurrencies are volatile) reaching $50 k is right at this moment where it could be sold since you are seeing a lot of profits… it is at that moment where I think it could be sold.

[MARK21]

It depends, lately there is a recession in the United States, a fear that could be fulfilled and affect the price of Bitcoin. I have found some information, unfortunately it is in Spanish, but there is nothing that the translator cannot do.

Here the source (Spanish): https://www.criptonoticias.com/finanzas/recesion-eeuu-miedo-podria-cumplirse-afectar-precio-bitcoin/

[DanWalker]

There is no point in holding when you are not spending the profit. I agree to this. There is no best time to sell or buy Bitcoin as long as you need it. Or if you have set something like a 50% profit, you will now sell your coin or buy more. My personal strategy was to go for 50% and cut my losses at around 60% too, but cutting losses depends if there are no developments to or new updates to the coin.

Stop loss strategy should only be used in case you are holding altcoins but with bitcoin I find it really unnecessary. But if you have a different strategy, such as when the price drops, you can sell your bitcoin and will buy them back when the bitcoin price continues to plummet.
I have seen many traders do this but it is too risky as we cannot tell if bitcoin will go up or down it is all guesswork. This should only be done when you are a professional chart reader and willing to take the risk.

[yohananaomi]

There is no point in holding when you are not spending the profit. I agree to this. There is no best time to sell or buy Bitcoin as long as you need it. Or if you have set something like a 50% profit, you will now sell your coin or buy more. My personal strategy was to go for 50% and cut my losses at around 60% too, but cutting losses depends if there are no developments to or new updates to the coin.

Stop loss strategy should only be used in case you are holding altcoins but with bitcoin I find it really unnecessary. But if you have a different strategy, such as when the price drops, you can sell your bitcoin and will buy them back when the bitcoin price continues to plummet.
I have seen many traders do this but it is too risky as we cannot tell if bitcoin will go up or down it is all guesswork. This should only be done when you are a professional chart reader and willing to take the risk.

bitcoin clearly has different criteria from altcoins, where bitcoin always has a certainty that it will increase in time. the strategy you say(@DanWalker) is very widely used with bitcoin, buying when the price drops and selling back when the price we think is appropriate. but indeed I agree that doing this action is certainly very risky and does require proven experience. other than experience, of course, is to have sufficient funds because it is certain that there will always be things that are out of the ordinary, where you can experience losses, or the most common possibility is of waiting a long time to be able to reach a reasonable price.
in crypto is always full of risk and we must have planted it from the start before taking action.

[uelque]

So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?

 How then do we say we have made money from it if we don't sell?

The main reason why most of the time we keep on hearing HODL is because people are convincing others that the coin has the potential but you still have to decide for yourself. And we all know that bitcoin is something and it's unique. And when is it actually the right time to sell? of course when we already have a profit or a return in our investment. And it's quite funny to see a question asking, should we never sell it. Then what's the point of investing? I'm sorry, but for me, questions like this should never be asked because the answer is too obvious

[dlightag]

The word HODL, HODL is a good one as an long term investors, assume you bought Bitcoin 2013 at $66 and keep hearing HODL until last year Nov. 2021, Bitcoin reach $68,000 for good 8 years HODL difference, that is good profits return, which in few years coming bitcoin price may be $100,000 plus and no one can tell, in other words have a target while investing, patients is the only way to win, and don't be a panic seller to loose.

[Imran232]

So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?

 How then do we say we have made money from it if we don't sell?

First of all, tell me, brother, why you should depend on someone's call when you should sell bitcoin. Is this question legit? When you should sell, just decide for yourself because you know when you need money or when you think you have made enough profit. Now you can take your money by selling. Asking someone about selling is like asking someone to eat your food. This question always makes me laugh. Don't take my word wrong, I'm just trying to understand by jn in a fun way. Because selling bitcoin on someone's call and then blaming him because the coin price is up after your sell So I think it's quite bad. It's my opinion. Thank you.

[cvasy]

of course when we already have a profit or a return in our investment. And it's quite funny to see a question asking, should we never sell it. Then what's the point of investing? I'm sorry, but for me, questions like this should never be asked because the answer is too obvious

You are absolutely right, the answer above of course has got the right answer that someone can sell it according to the target of their respective sales orders and must have gotten enough profit. But it is also possible for someone to ask the question above to review some of the unique answers that suggest long-term holding when it reaches ATH in the next few years.

[Leo]

Hodl is a word for the wise. If you intend to hold when the hype is extremely high you might loose the potential of taking profit and getting dump on. You need to study the market very well, when lots of people are calling in for $100k per bitcoin and media are also hyping it, you should know that that's not the best time to hodl, when the market is fearful that's when to buy and hodl just like how the market is right now

[_BlackStar]

The main scenario is to take profit if you have hit the target, and the second scenario is that you have to remain a holder regardless of price volatility especially if you want to take profit in the long term.

In my opinion, bitcoin holders who started investing in bitcoin in 2010 to 2015 some of them have sold bitcoins in 2017. While investors who bought bitcoins in 2018-2020 have sold some of their bitcoin in 2021 and 2022, it may happen during the ATH period though we're not really sure how many bitcoin they sold. Investment does not require us to continue to hold as long as we feel there is a profit to be gained by selling it. If we want to secure the initial capital, then we only need to sell some of it while the rest will continue to be kept safely as a long term investment.

[Zanab247]

I think many people used hold to avoid losses from the market. If you want to go far in profit making in the community, you need to understand how to apply hold in the bear market so that you will be part of those that hold when the price was decreasing in the market which is not favourable for people to sell in the market. The best time to sell is when the price move higher to a level where both short term investors and long term investors will be rushing to sell to be part of the progress in the market.

[Anguwa]

So I keep hearing HODL, HODL, keep holding and all that. My simple question to everyone is "when is actually the right time to sell Bitcoin or we don't ever sell it"?

 How then do we say we have made money from it if we don't sell?

Actually selling your crypto coin depends on you, almost everybody have his/her own target price, so once the target is met they sell off, and sometimes many holders do check the market condition, if they have a very good reseanable profit, they sell off and take the profit and also invest in another coin or wait until the right time to buy again.

[bitzizzix]

Hodl when you buy when the price is low and hold it until the price rises to your liking or target to resell it for a satisfactory profit, and also no matter how long you wait. And as long as you haven't made a big profit, you will continue to Hodl.
Hodl is the best way to get a satisfying profit, but it must require strong patience and if you choose bitcoin for Hodl and for the long term nothing is impossible you will definitely get a good profit and most importantly be patient.