You don't need to hodl a particular coin all your life

[RealMalatesta]

Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money.

Even I do plan to make use of year long bearish market of bitcoin, I am not comfortable to sell my bitcoin; honestly I am little afraid to take any such hard decision by deviating my initial plans of bitcoin investments. Moreover, if I would have sold 1 bitcoin by the times of late December 2017 when bitcoin was trading above $15k levels then I would have got chances to multiply my one bitcoin into at least 3 bitcoins by buying back by 2018 December when bitcoin was trading below $5k price levels.

When we are not sure about what is going to happen next and where will be bottom to be met, I guess all long term holders must be hesitating to disturb their plans of long term holding.

[Shasha80]

Most people don't see investments as something to increase money and they spend, on the contrary there are people who started to look at investments as something that serves to show off something like: I made 1000X profit and I'm still doing hodl, man this is insane , the person already has 1000X profit, why would he need to hodl something that already has 1000X profit? I dont understand

You have to understand since we all have different goals and target in life, not all will be able to take profit on that kind of level and many are still want to become a passive investors who will just sell their holdings once its due time. Its ok to hold, even if you miss a lot of opportunity to sell at a bigger price as long as you know what you are doing, I believe hodlers have their goals in mind and they needed to focus on that.

Maybe those people want to make another 2000X profit so they still hold the coins and not sell. That is greedy and I think they will regret it when they see the price go down fast without noticing. If I were them, I would sell for 50% of the total amount and wait for another down or sell at once if I do not see if the project can grow quickly. As an investor, you need to know about the time to hold the coins but do not still hold if you see the price can increase in a short time. Just sell for some amount and enjoy your profit.

One of the reasons why there are investors who decide to hold coins even though the price is already very high, it is usually because of
the greed of these investors who want very high profits. Even though this is sometimes detrimental to these investors, because they will
miss the opportunity to generate profits. However, the movement of the crypto market is very difficult to predict, so if the price of coins
has gone up, it could just dump immediately and take a very long time to recover. So in my opinion, never forget to take profit if there is
a chance, rather than regret later for missing an opportunity to make a profit. We really don't need to sell all the coins we have if the price of
coins goes up high, so we can sell only part of it, so even if the price goes up again after taking profit, we can still make a profit.

[AicecreaME]

It depends on what coin they are hodling.

There are some coins that are good be to hodl in long term and there are coins that are not. I've hold my ATL token since 2017 and decided to sell it way back 2020 because I already accepted that their project was already a trash. Yes, that's a very wrong move to hold something like that, but since I didn't use any money on that, I still made money out of it.

[pinggoki]

It depends on what coin they are hodling.

Exactly, if the coin is a good one then you might want to continue hodling especially if it's bitcoin. Just check the long-term plans for that crypto and you would have the ability to decide what you're going to do next.

[dbc23]

It all depends on the coin in question if it's altcoins then at every profit interval selling and buying more is when the price falls is the best strategy but if it's Bitcoin most times the best option is to hold and forget about it for a longer period ignoring what ever the market does except there is enough discipline to hold your fiat if you made profit and sold at some point but the market still remains bullish

[SquallLeonhart]

if the coin is a good one then you might want to continue hodling especially if it's bitcoin. Just check the long-term plans for that crypto and you would have the ability to decide what you're going to do next.

Obviously different coins must need different approaches and this way holding shitcoins for lifelong may not make any sense; at the same time planning for holding bitcoin for life time definitely will get better benefit compared to any other method of holding of bitcoin that we could plan up.

if it's Bitcoin most times the best option is to hold and forget about it for a longer period ignoring what ever the market does

I have seen many people are suggesting about invest in bitcoin and forget about it but not sure how much practically it is possible. It might be possible only when you are having a regular income stream and having throw-out funds for bitcoin investments.

[og kush420]

Obviously different coins must need different approaches and this way holding shitcoins for lifelong may not make any sense; at the same time planning for holding bitcoin for life time definitely will get better benefit compared to any other method of holding of bitcoin that we could plan up.

Well majority buy shitcoins with intentions that they are cheap and will give good return that will make him rich. In case of bitcoin you dont need to hodl for lifetime just buy it at dip and within a year you will get good return. See BITCOIN dip week ago when it went down to 45k and today its at 51k all this happen in bracket of a week.

[ReiMomo]

How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ?

Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money.

I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear 

I think yes that should be a cycle in trading it might be either a short term or a long term trade. Just set up a profit to a percentage and when its seen that is being crossed, then yes its advised to sell them off and buy back another best coin which is at low price. Yes do not just stick with just one best coins. Choose 5 best coins just shift from one coin to other coins according to the market. This is the healthy trade I would say.

[Gozie51]

I’ve been holding some certain coins for more than a year and counting, but some are just short and mid-term in which I didn’t hold them for long. Our own guts and instinct tells us if we hold for long or sell it now.

Well my instinct would tell me that hodling a coin for long and beyond necessary time could be that it has become an abandon project. In such case doing a research to know if the team still has plans for it is needful before a decision but there are coins that are daily volatile and active. Although some projects that are less active can be woken up one day but it all depends and luck.

[Botnake]

How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ?

Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money.

I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear 

I think yes that should be a cycle in trading it might be either a short term or a long term trade. Just set up a profit to a percentage and when its seen that is being crossed, then yes its advised to sell them off and buy back another best coin which is at low price. Yes do not just stick with just one best coins. Choose 5 best coins just shift from one coin to other coins according to the market. This is the healthy trade I would say.

If we want to be profitable, then always grab good opportunities to sell so we can make profits. As no one gets to make profits if we only intend to hold the coins for so long. What OP means is simply, sell at the bulls and buy back again in time of bears as most of the potentials coins are cheaper in value. And to maximize profits, always diversify our portfolio with promising coins so we can sell them at a high value and make huge profits. And eventually fill in the portfolio again with trusted coins but always keep a bigger number of bitcoin as its always the most profitable crypto for now.

[taufik123]

Holding a certain altcoin must have a target price that must be achieved, if the altcoin to be held has a good future, it will take much longer.
But for Bitcoin, holding it for the rest of your life will not be a problem, but the target price is still important to be used as the main benchmark. Sell ​​at ATH and buy at crash price, that's what to do. profits to increase.

[Peanutswar]

It depends on the people because some of them want to hold their coins and use them in different ways like giving them to their child, reinvesting and waiting for the right time it's not all the time that the season is coming for the crypto there's a time you will sell your asset for different reasons like financial needs. Also good for buying when the market is dip but again not all the dip is the support already sometimes it has another dip might causes to losses your assets.

[24Kt]

Holding a certain altcoin must have a target price that must be achieved, if the altcoin to be held has a good future, it will take much longer.
But for Bitcoin, holding it for the rest of your life will not be a problem, but the target price is still important to be used as the main benchmark. Sell ​​at ATH and buy at crash price, that's what to do. profits to increase.

Don't be too confident about holding btc for the rest of your life. We can't be certain about its future also. It may live longer than most alts but don't forget that technology is getting advanced everyday. But for the moment, one can take advantage of the opportunity that this crypto market is offering. As long as you are doing your job of studying the alts that you are getting involved with and keeping track their progress, you will lessen your chance of losing. And if you feel that the project is about to exit this market, sell off even at a small loss, because if you will wait much longer, you may not even get any amount from it because it will soon be worthless coins.

[milewilda]

Holding a certain altcoin must have a target price that must be achieved, if the altcoin to be held has a good future, it will take much longer.
But for Bitcoin, holding it for the rest of your life will not be a problem, but the target price is still important to be used as the main benchmark. Sell ​​at ATH and buy at crash price, that's what to do. profits to increase.

Easy to say but would really be hard to be done because identifying bottoms and tops would always be a challenge for us investors or traders here on this market.
Also when it comes to profits then nothing beats out into those people who had been doing active trades which is very common action to take for those who are skilled enough and this one
isnt for everybody thats why majority do end up on holding for too long and it is somewhat mixed with luck when you do hold a particular coin because determining
potential is really hard.

[worle1bm]

At one point we need to cash out the profits which is by selling them so holding for entire life is not a concept i have heard before.Like the time period of holding could vary from people to people as 5-6 years or decade or more than that according to our needs but nobody is holding for our full life.We also needs to enjoy the profits at some stage of our life and by selling the funds we can do the same.

[Vaculin]

At one point we need to cash out the profits which is by selling them so holding for entire life is not a concept i have heard before.Like the time period of holding could vary from people to people as 5-6 years or decade or more than that according to our needs but nobody is holding for our full life.We also needs to enjoy the profits at some stage of our life and by selling the funds we can do the same.

If we only intend to hold the coins for a very long time, we might be a millionaire in the long run, if you are holding bitcoin or ethereum. But if we are in the wrong coins, then holding for long will only bring a huge loss.

However, the reason why we are here is mainly to double or triple our capital and we can't do it if we never sell our coins. It will be very useless i guess. Hodling coins will only be very useful and profitable if we have a target price to sell and once we achieve it, we should always push through it. That should always be our goal.

[Woodie]

How long have you been hodling a particular coin while the coin has been making progress for your profit taking and yet dropping in your eyes ?

This happens on numerous occasions, and some coins have turned out to be shitcoins in the process but am okay with it because we win some and we lose some.

Some people don't understand the hodling technique, they are hodling a particular coin and never sell to rebuy again or to sell and buy another coin. You can sell this coin and buy that other coin that is how to turn over your money.

But holding comes in a variety of ways, some hold and take profits out when they feel its time and others have the strategy of buy and sell which is more profitable if you ask me.

I didn't tell you to sell your bitcoin and not to buy again. I only say you sell the bull and buy the bear 

Best strategy ever, if applied correctly!

[isaac_clarke22]

~

This is what bothers me sometimes especially to those who had the misconception of the the word "hodling". They thought that "hodling" was all about just keeping the coin til their last breath.
I gotta be honest that it was my first thought into it, but it just doesn't make that sense to keep holding if your primary goal was to earn , right?
I sold some of my ETH to buy BTC when it was a bear market last year, but then I still started taking profits from it weekly. I know I am a long-term investor, but sometimes you need the money and those greens not because one celebrity in Twitter tells you to.

[AakZaki]

It depends on what coin they are hodling.

There are some coins that are good be to hodl in long term and there are coins that are not. I've hold my ATL token since 2017 and decided to sell it way back 2020 because I already accepted that their project was already a trash. Yes, that's a very wrong move to hold something like that, but since I didn't use any money on that, I still made money out of it.

The right step when you have to sell the altcoins you hold at a high enough price. because some altcoins do not have a clear future and are eventually abandoned. Unlike the altcoins that are at the top of the CMC. It is very important to do research before deciding to hold a coin long term, because it will determine the profits and losses. Don't let altcoins that are held long-term end in losses and cannot be sold.

[Fatunad]

It depends on what coin they are hodling.

There are some coins that are good be to hodl in long term and there are coins that are not. I've hold my ATL token since 2017 and decided to sell it way back 2020 because I already accepted that their project was already a trash. Yes, that's a very wrong move to hold something like that, but since I didn't use any money on that, I still made money out of it.

The right step when you have to sell the altcoins you hold at a high enough price. because some altcoins do not have a clear future and are eventually abandoned. Unlike the altcoins that are at the top of the CMC. It is very important to do research before deciding to hold a coin long term, because it will determine the profits and losses. Don't let altcoins that are held long-term end in losses and cannot be sold.

Always set goals because this is on where you do really base up on your actions whether you do sell or would tend to hold further and this is very situational or does depend with someones mindset or goal in mind.
We do know that not all coins would be pumping out on a specific time because everything is really random and when price spikes do happen then its not really avoidable that you would really be having that
boggle in mind whether you do release and sell or would hold up even more for more profits but actually having this kind of act does signify of being greedy.
Its not bad on being optimistic but once profits is there then you do only need to realized it.