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

[Silberman]

~

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.

At the end of the day holding your assets for a long time expecting for the market to grow is not a new strategy at all, people have been doing this for a long time, however as you say holding is a means to an end and it should not be thought as an end on itself, holding forever and doing nothing with your bitcoin is simply not correct, holding your bitcoin and then selling some when you need it once the price has gone up in a significant fashion is OK and no one should regret it, even if the price ends up going higher after you sell.

[carlfebz2]

~

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.

At the end of the day holding your assets for a long time expecting for the market to grow is not a new strategy at all, people have been doing this for a long time, however as you say holding is a means to an end and it should not be thought as an end on itself, holding forever and doing nothing with your bitcoin is simply not correct, holding your bitcoin and then selling some when you need it once the price has gone up in a significant fashion is OK and no one should regret it, even if the price ends up going higher after you sell.

Not a new strategy but rather the most common strategy that we do have today on where people do hold particular assets but to think off that it would be only just good for those significant and worthy coins that we do

have on this market and you cant just pick randomly or without any basis thats why you should really be wise on picking which one should gonna be hold and which one should be traded actively.
It all matters on how you do deal up with things.

it might not be simple but it could really be done imho.

[dataispower]

As investor you need to hodl your for any length you want to hodl your coin but the problem is that no coin can last for the hand of good investor for two years and mostly the altcoins because altcoins have the chances of giving off in between the time of hodling and when it falls before it rose may be another two years, the coins i know that can be hodl for long time and when year is running it still have values is Bitcoin and ethereum, you can hodl them for long time and when ever you want to sell you also sell it and make profit

[Emitdama]

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 

LOL, people who do such thing, I don’t know what’s actually their plan in this life. Maybe they don’t want to sell because they feel that the market will go up when they sell and they will miss their only chance of becoming millionaires?

Well, everyone and their own ways, it can also be that they have plans to invest in and hold the coin for a long term, there are people who might plan to hold their coin for like five years or so, because the money they are investing is a money that they won’t really be needing, so instead of keeping it in the bank, they might decide to just invest it and keep holding. It’s never bad though.

[judaspriest]

As investor you need to hodl your for any length you want to hodl your coin but the problem is that no coin can last for the hand of good investor for two years and mostly the altcoins because altcoins have the chances of giving off in between the time of hodling and when it falls before it rose may be another two years, the coins i know that can be hodl for long time and when year is running it still have values is Bitcoin and ethereum, you can hodl them for long time and when ever you want to sell you also sell it and make profit

Before making a decision to hold in the long term of course we have to determine a good coin for it,
as you said Bitcoin and Ethereum are suitable for that but I think there are other coins,
it depends on any research we do ourselves and in holding on to it for the long term patience is the key

[ultrloa]

As investor you need to hodl your for any length you want to hodl your coin but the problem is that no coin can last for the hand of good investor for two years and mostly the altcoins because altcoins have the chances of giving off in between the time of hodling and when it falls before it rose may be another two years, the coins i know that can be hodl for long time and when year is running it still have values is Bitcoin and ethereum, you can hodl them for long time and when ever you want to sell you also sell it and make profit

Before making a decision to hold in the long term of course we have to determine a good coin for it,
as you said Bitcoin and Ethereum are suitable for that but I think there are other coins,
it depends on any research we do ourselves and in holding on to it for the long term patience is the key

Bitcoin is the most suitable to hold for long-term investment and you can add Ethereum on that plus BNB of course since I found it making some progress when bitcoin is in the bull run. Other than that is not good to hold for long-term but there are some altcoins that I like to invest and planning to hold for short-term only since they aren't that volatile unlike bitcoin and the other. Therefore, know or do your own research if what coins do you really want to invest for long-term except for bitcoin since it's recommendable to hold for long-term.

[Distinctin]

As investor you need to hodl your for any length you want to hodl your coin but the problem is that no coin can last for the hand of good investor for two years and mostly the altcoins because altcoins have the chances of giving off in between the time of hodling and when it falls before it rose may be another two years, the coins i know that can be hodl for long time and when year is running it still have values is Bitcoin and ethereum, you can hodl them for long time and when ever you want to sell you also sell it and make profit

That is entirely depends on how you trust the coin your are holding, for example, if you hold BNB and ETH when they are still below $1, you'll be very rich by now, but of course,  as investors sees the coin rises its value, it's also tempting to sell and take profit, so most of us do sold and enjoy the profit, but like I'm saying it's always possible to hold it longer.

[BitcoinAccepted]

Personally, I am holding coins for a period of time that I have set beforehand, or based on my intentions and necessities. For instance, I hold some altcoins for short-term only, and bitcoin for long-term, these could take months or even years depending on the coin’s potential, my capital and my goal for making that investment. As per those people mentioned by OP, those do not get the holding technique, I think that is yet to come to there awareness then. Maybe, after some time, they will also get its core concept and begin to really grasp how such technique is beneficial to accumulate profit.

[Fatunad]

As investor you need to hodl your for any length you want to hodl your coin but the problem is that no coin can last for the hand of good investor for two years and mostly the altcoins because altcoins have the chances of giving off in between the time of hodling and when it falls before it rose may be another two years, the coins i know that can be hodl for long time and when year is running it still have values is Bitcoin and ethereum, you can hodl them for long time and when ever you want to sell you also sell it and make profit

Before making a decision to hold in the long term of course we have to determine a good coin for it,
as you said Bitcoin and Ethereum are suitable for that but I think there are other coins,
it depends on any research we do ourselves and in holding on to it for the long term patience is the key

Bitcoin is the most suitable to hold for long-term investment and you can add Ethereum on that plus BNB of course since I found it making some progress when bitcoin is in the bull run. Other than that is not good to hold for long-term but there are some altcoins that I like to invest and planning to hold for short-term only since they aren't that volatile unlike bitcoin and the other. Therefore, know or do your own research if what coins do you really want to invest for long-term except for bitcoin since it's recommendable to hold for long-term.

All matters with research and its up to yours whether which coin would be intended for holding in long term and which one would be good for short term basis and it all matters to you as an investor.
Holding isnt something simple as it sounds as this one requires extreme patience and controlling yourself on making out action whether you do sell early or sell on loss or something like that.
Its up to someones preference whether they do hold or actively trading basing up on their own discretion so its a choice and stick on what makes you comfortable with.

[AakZaki]

You are right you don't need to hodl a particular coin for all of your life the only reason for holding is to have a profit in the future but some people are too much greedy that they don't sell it even if they have a profit and even if they hold it for a long time. There's only some coins that I think is worth hodling for a while and that is Bitcoin and Ethereum.

Bitcoin and Ethereum are safe choices for long-term investments, because we know these 2 coins are the top coins that have good potential in the future. But other than that, the top 10 coins list can be taken into consideration too. You don't need to hold it all your life, if it's profitable you can release it, it's very simple.

[TelolettOm]

It is our own way to hold for several term period or even for shot term or for trading. Investment is about also the way our readiness. It is also about the way we must utilize every chance: to buy, sell, and take profits  it will depend on what kind of our own fund and risk management in this case. So I personally will prefer to do my profit taking when I think it is enough, not for a long term hodl always.

[martina14]

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 

Well, that is your opinion were I don't see any wrong with it, but for me as long as I see there is already profit that I get that's a big thing for me. You can hold it but don't do it for a long time of waiting, but it is still depend on your belief in the coins you choose of course. But holding it in shot period of time is much safer I think in my own assessment.

[Webetcoins]

You can hold it but don't do it for a long time of waiting, but it is still depend on your belief in the coins you choose of course.

Yeah, when we have belief about upcoming rising then holding more may not be a wrong one. People do prefer to hold as much as time that they are able to make sure that they will be covering the maximum chances that market might give them to profit; I guess they are doing already right hence NOT hold for life may not be applicable for bitcoin holding.

I personally will prefer to do my profit taking when I think it is enough, not for a long term hodl always.

But, you should not go booking profits based on your personal feel. If you are a long term holder and then you may book profits to buy a house for your family but not for the reason of you gained 20% profits.

[Orange89]

Well it depend upon the project i only hold the project if i see good roadmap and some unique idea behind the project but it is really tempting as well to see the growing price of the token that you hold remeber when btc is at 50$ at that time many investor are selling and now it is price is humongous if they hold they will have good amount so if you find good project and you have patience then no one can stop you but big factor also depend upon which project you still choose

[VanityWallets2015]

Of course you shouldn't hold the coin in all your life that's why you hold it is to have a profit and don't be too greedy to hold it for a long time since I really can tell that it is not worth it and you probably miss your chance to take profit for that particular coin. But holding is not that bad as long as the price keeps going upwards but still you should make sure to take profit from time to time.

[Lanatsa]

Of course you shouldn't hold the coin in all your life that's why you hold it is to have a profit and don't be too greedy to hold it for a long time since I really can tell that it is not worth it and you probably miss your chance to take profit for that particular coin. But holding is not that bad as long as the price keeps going upwards but still you should make sure to take profit from time to time.

When you are investing into something which doesn't make you pressured or worried that much even if it do losses its value then better hold it for long term but if you do really mind about
selling actively or in profits even how small it is then its up on someones choice.

We do have our own principles and preference with our investments whether we do like to held it up or we do like to actively trade with it depending on your financial
capacity and wants.

Patience is needed when you do hold but this isn't something that you should  really tolerate when you do see opportunities to take profit.

[iv4n]

You hold it as long as the price is rising and you can afford to wait... even if the price reached some top you hold it as something valuable and you don't spend it unless you need it! Holding/saving is something we can do when we have extra cash... just look at the rich people, they hold "old valuable coins collections", we can say many different valuable collections, paints... it's a long list of valuable things that people are holding and enjoying having! And when you don't enjoy in having it or you need some extra money for something you sell it!

[martina14]

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 

Well, HOLD is not wrong, only if you hold the wrong coins that absolutely wrong of course. Now the question is, how are we going to find if the coins is wrong or not? this is the big problem actually where a lot of the community here made a mistakes for this matter in several times for a couple of years I've seen it here to some of the members in the crypto space.

[globalpain]

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 

Well, HOLD is not wrong, only if you hold the wrong coins that absolutely wrong of course. Now the question is, how are we going to find if the coins is wrong or not? this is the big problem actually where a lot of the community here made a mistakes for this matter in several times for a couple of years I've seen it here to some of the members in the crypto space.

Holding we can do either in the long term or short term depending on what coins we have,
holding is also not something that is easy to do requires patience,
for the top altcoins I think it's better to hold in the long term because they have strong fundamentals

[AnonBitCoiner]

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 

Yes you are right. I have split my portfolio. 50% for trading amd 30% for long term hold and 20% reserved if matket crash so i can buy my favorite coins in low price. I exoecting 5x from long term coins.once it hit, i will sell and no care if it again 2x from here because i already booked profit from here