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

[Marvell1]

Everyone has their own target. Some will HODL until the target is reached, some will HODL until profitable, they will sell and buy when the price drops. I HODL bitcoin with 20% 30% of my assets, I only sell my bitcoins when there really is no other way, the remaining bitcoins I will hodl hodl till bitcoin reach 200k$.

[michellee]

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?

Only you that will know when to sell your bitcoin. If you do not sell your bitcoin, you will not make a profit. If I were you, I would sell my bitcoin at the highest price and buy back when the price is dropping to have more bitcoin.

You do not make money if you do not sell because you still use fiat money. It will differ if you can use bitcoin to pay because you can pay directly using your bitcoin.

[Xinarae*]

It can be used to sell bitcoin and convert it into money investors hold bitcoin until they reach their goal. Everyone is investing in bitcoin with the hope that I will sell it when the price goes up hold and wait a long time until the target is reached I think this is a good opportunity to hold bitcoin looking at the investment demand in the market, it seems that bitcoin will soon cross 100k. It will rise a lot later this year therefore it is a good decision to hold on until it is profitable.

[Dread Pirate Roberts]

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?

HOLD does not mean not selling when it is profitable. but rather to be consistent for the purpose of big profits. Compared to cutting profit every 5% or a few percent someone can hold longer to get a strong profit. the goal is not to be someone who are too afraid to make strong profit in crypto.

[UserU]

HOLD does not mean not selling when it is profitable. but rather to be consistent for the purpose of big profits. Compared to cutting profit every 5% or a few percent someone can hold longer to get a strong profit. the goal is not to be someone who are too afraid to make strong profit in crypto.

The smart ones sell when they profit and re-enter the market once it dips.

HODL or SODL, it's a zero-sum game.

[ninkdwi]

this depends on each individual.
when they do hodl of course is they have something to achieve in their goals and you should also be able to set goals you hold on for how long.
because everyone's criteria are certainly different and cannot be equated between one and the other. When your target has been met, why should you still hold on because your target has been achieved.

[bitzizzix]

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?

Not all holders don't sell it, and sales will definitely be made when they make a profit and only sell it a part of the profit when they get the maximum profit.
I personally always make sales when my bitcoins have made a 50% profit, and 25% for me to enjoy the profits and the rest I save for preparation when the bitcoin price drops to make a purchase.
everyone has a different strategy and target and all of that goes through a process and strong and consistent patience under any circumstances for the desired result.

[tulusikhlas]

What should be held if our actual ownership is other than in bitcoin, then for altcoins do not have a bright future. Maybe Hold is when we have passed the buy price, Bitcoin under $40k for example. Of course, even if you can't stand it, you already have an advantage. Usually in addition to Hold, we take advantage of corrections to get back in line to buy.

[noormcs5]

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?

I have seen the 2017 bull run so i can advise you from my experience on when to sell in this bull run. For sure, we can't have similar patterns which played in 2017 but if you see a massive bitcoin rally to 100,000$ - 150,000$ in a matter of a two weeks to one month, then it is time to sell all your bitcoins as that might be the top. However if we keep on moving slowly towards 100,000$, then there is no need to sell as bitcoin won't dump if it reaches targets like 100,000$ slowly and gradually.

[sgenuine]

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?

I am a long-term investor concerning bitcoin, so I am also sticked to the strategy of hodl. as for now I am just buying more on regular basis after every salary let me say. I am going to hold at least 5-10 years more. But when I see a huge bullish market in 5-10 years, I will consider fixing some profit as it is pointless to hold the whole life, we are to fix profit one day.

[Peanutswar]

It depends on your satisfaction regarding with your profit, sometimes people keep saying hold those are the one who bought with the lowest price and some of them are bought at the top and they don't have any kind of choices because they don't want to losses their assets instead of selling they hold their coins. The best way to know is use a technical indicators and analysis this gives you a hit regarding when is the right one to sell or not. If you are looking forward for the price of the bitcoin with 100k price it tooks a year.

[Zanab247]

Everybody has it own target in the market. Some bitcoin traders are waiting for the price to hit $100k or $200 before they can sell their bitcoin in the market. It is better to sell your bitcoin now, since the price just hited $65k, show that many bitcoin users will really earn well from their long year awaiting for the price to reach $60 before them can sell. Since the Christmas and new year is approaching, it will be good for anyone who want to sell his or her bitcoin not to miss this great opportunity because is good for long term and short term investment to sell and earn well from the market.
The market is looking beautiful for those who want to earn massive profits from their investment by releasing their coins for sale to be part of this suitable income.

[pawanjain]

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?

There's no right time to sell. You can literally sell whenever you want but whether you choose to sell it or not is completely your choice.
Never ask anyone else when to sell because you should only sell when it's necessary for you to sell.
If you are in need of money but still hold on to your bitcoins then that's your risk.
On the other hand, if you think the price is high and sell it when there's no need for you to sell it then that's your risk.

So this is why it should be very simple strategy to just sell when there is a 'need' for you to sell and until then keep holding your precious coins.

[wxa7115]

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?

At the end of the day is your decisions, you can sell whenever you want, but the reason people recommend to hold your coins is that the majority that sold all their coins have come to regret their decision as we have not reached the true potential that bitcoin can reach.

However there are people that are legitimately not interested in ever selling, so what those people are expecting is that something like what is happening at El Salvador happens in their country and they can use it wherever they want without having to convert their bitcoin to fiat.

[BlackHatCoiner]

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"?

You don't have to sell your bitcoins as they're money. You obviously have to spend them sometime, but not necessarily to exchange it for fiat. Most of the hodlers believe that it'll someday be the global reserve currency in which everyone will use for their daily transactions. They'll have a head start based on the assumption it will indeed achieve this level of adoption, because they'll have increased their purchasing power by a lot.

Also, bitcoin has managed to always get over its ATHs, so it'd be wise to keep them instead of spending them as they seem to worth more in the future. It is uncertain to know exactly when it's ideal to spend, but if your purchasing power was a function, you'd have to let your time parameter be as great as possible to reduce the risk of spending them in an undervalued price.

[samuraijin]

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?

HODL until you feel it's enough, you can wait for the next 5 years if you want to sell it and get a bigger profit, but if you don't want to wait too long you can take a selling moment at the end of this year, so keep an eye on the market and don't be late to take decision to make a profit

[Raflesia]

If there is a profit, then sell it because it is the target.
If you still feel at a loss HODL.

The word is always easy to say but difficult to do because we are confused how much to sell and how long to HODL?
All of that must have a target if you have bought bitcoin at a low price and say your profit has reached 2x at the current price then sell it if you want to have short-term profits, if you want something different and feel the price of bitcoin 5 years in the future then HODL so both of these must be selected or both you can do.

[Slow death]

HOLD does not mean not selling when it is profitable. but rather to be consistent for the purpose of big profits. Compared to cutting profit every 5% or a few percent someone can hold longer to get a strong profit. the goal is not to be someone who are too afraid to make strong profit in crypto.

The smart ones sell when they profit and re-enter the market once it dips.

HODL or SODL, it's a zero-sum game.

 

this reminded me of the following that when the price reached $60,000 and then dropped a lot to $30,000 people who managed to buy at $10,000 and sold at $60,000 and went back to buy at $30,000 and now sell at $67000 are now having high profits, they get more bitcoins and more dollars if they convert their bitcoins to dollars, Is a good way to increase bitcoins with this strategy. of course there are risks, but I think it's a good risk worth taking

[blatchcorn]

Everyone has their own target. Some will HODL until the target is reached, some will HODL until profitable, they will sell and buy when the price drops. I HODL bitcoin with 20% 30% of my assets, I only sell my bitcoins when there really is no other way, the remaining bitcoins I will hodl hodl till bitcoin reach 200k$.

Yes that's true. There is no precise answer of whats the ideal time to buy and whats the ideal time to sell. It all depends on your personal strategy. The main thing is you must not do greed when you are in profit, just set a target price and sell as soon as you are there. I still know people who buy BTC at 10k and still HODLing, waiting for BTC to reach 100k.

[DarkDays]

HODLing vs Selling is one decision an individual investor must make for his own.

There will be many regrets either way, just need to learn to live with them   

There isn't such a thing as perfect timing because that buy/sell will all be relative to the time of comparison... So don't be too hard on yourself, do what's right for you and learn to live with that decision.

Something for the context...