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Author Topic: Do you want to live a peaceful life? Without drama? Then HODL and enjoy the ride  (Read 437 times)
virtualdn
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May 09, 2022, 12:33:11 PM
Last edit: May 09, 2022, 02:06:50 PM by virtualdn
Merited by NeuroticFish (3), bitterguy28 (1), famososMuertos (1)
 #1

I've never sold a satoshi since 2013, actually never sold any BTC. I've seen all the ups and downs, seen them all. I'm very relaxed now because I just HODL and enjoy the ride. Let the weak hands lose, the strong hands will remain. Go on and sell your BTC to the big boys. One day BTC will go in the $xxx,xxx zone and many of you will regret selling. Dips are temporary and BTC will still exist in 2140, remember that, it cannot just disappear. Go on, make the rich guys richer. They will be happy to buy it from you, but remember, once you give it away it's gone.

Actually I cannot believe a new opportunity to buy BTC for cheap has been given to everyone. It could be among the last who knows!

1 BTC = 1 BTC
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May 09, 2022, 01:06:41 PM
Merited by virtualdn (1)
 #2

I've never sold a satoshi since 2013, actually never sold any BTC.

Endure another year and you'll be able to say you've been a holder for a decade Wink

Dips are temporary and BTC will still exist in 2140, remember that, it cannot just disappear.

In the short history of Bitcoin, this has proven to be a fact, but given everything that can happen in 100+ years, the question is whether there will be people at all, let alone Bitcoin. Far from being pessimistic, but when I see what is happening in the world in the last 2 years, I wonder if some super virus will erase us or if some lunatic will do it by pressing the red button.

Go on, make the rich guys richer. They will be happy to buy it from you, but remember, once you give it away it's gone.

It's always the same game, big fish eat small ones and that can't be changed without completely changing the way small fish think, which won't happen in the near future. Yet anyone who sells BTC at any time has the opportunity to buy at any time, the only question is at what price.

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May 09, 2022, 01:33:06 PM
Merited by virtualdn (1), famososMuertos (1)
 #3

Since 2013? That's amazing the amount of profit that you could make by just holding is baffling. Unfortunately I do not have extra money that I can hold and therefore for me I have to sell more of what I have from the campaign to take care of everything.

Because of holders like you the whole network is more or so stable. There are more than 50% major holders and whales maintaining the balance against trading. It's amazing how you held onto even after the high in 2018-19. I have known plenty of people who exited from the whole thing after making slightest amount of profit.

Right now there are people already placing bets on :
1. Bitcoin hitting all time high in 2022
I also do believe that it would be the central body around which the whole concept of currency will revolve considering the adversities that the world is facing right now, from pandemic to the war. It's only going to get better.
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May 09, 2022, 01:37:21 PM
Merited by virtualdn (1)
 #4

I think I didn't even had satoshi in my own wallet even in 2014. So it's an impressive achievement for OP.

But I've done my fair share of holding (not 100% HODL since I've kept some, but also sold some) and I can tell that imho one really get to "enjoy the ride" when the price goes down only after managed to beat a crypto winter and hold for (at least) one full 4-year cycle.

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May 09, 2022, 02:30:43 PM
 #5

You are a true Bitcoiner among us all. I was first to know about bitcoin in 2015 but unfortunately, I was not wise enough to maintain bitcoin in my portfolio. In fact, life was quite tough for me which forced me to sell all my bitcoin during the 2018 downtrend. But things get better now so I am looking forward to collecting some bitcoin for around $25000. Let's hope that I will not suffer from any catastrophe so that I will hold my bitcoin for the next 20 years.

This cycle is deadlier than all the previous. Many of my friends are crying about losing money both in Cryptocurrency and stocks.
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May 09, 2022, 03:12:06 PM
 #6

I'm not a hodler like you (sold when needed) but I've gotten used to the market volatility from the 2017 cycle. It hasn't been easy but you learn how not to care anymore Grin For those who are panicking, remind yourself that we are just two years away to the next halving.

~
This cycle is deadlier than all the previous.
How so? I think this current drop is still nothing compared to what happened before (90% drop from previous cycle ATH).

Many of my friends are crying about losing money both in Cryptocurrency and stocks.
They must be new.
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May 09, 2022, 03:28:22 PM
 #7

I applaud your hands of steel. When you go through different market cycles, the thirll of price increases does not impact you much, neither does the panic of price drops, it's just a series of ups and downs, depending on the season, and the assurance that the price net direction is upwards.

You are a true Bitcoiner among us all. I was first to know about bitcoin in 2015 but unfortunately, I was not wise enough to maintain bitcoin in my portfolio. In fact, life was quite tough for me which forced me to sell all my bitcoin during the 2018 downtrend.
When you need to to do something, you need to. Selling your Bitcoin a times when you needed the money does not make you mad of a bitcoiner, it was something you had to do.
My advice would be to manage your investment and only put in money you would not need in an emergency situation, that way you will not need to panic sell.

This cycle is deadlier than all the previous. Many of my friends are crying about losing money both in Cryptocurrency and stocks.
You only lose when you sell.

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May 09, 2022, 03:50:01 PM
 #8

I've never sold a satoshi since 2013, actually never sold any BTC. I've seen all the ups and downs, seen them all. I'm very relaxed now because I just HODL and enjoy the ride. Let the weak hands lose, the strong hands will remain.
I don't think those who have sold some of their coins along the way will be happy reading this and seeing that they are have been called "weak hands". Your act of HODLing for long since 2013 is really commendable, but still on... doesn't justify criticizing others who maybe have faced more difficult situations than yours. Some people did not sell just because of the dip which we all know is temporary, some other situations necessitated it and everyone has their thresholds.

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May 09, 2022, 03:53:01 PM
 #9

I will try to follow your strategy to hold like 10 years, if I can be able to get it right in this season because I find it difficult to hold more than 2 years. I think I will use this capital to purchase a huge amount of bitcoin and hold till bitcoin price reach $100k before I can sell to be part among the successful investors in the community. Many people will use this step to be at peace with their long term investment.

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May 09, 2022, 04:10:10 PM
 #10

This would be a great way if you are always going to be positive and see the things that BTC can give. You know that you are going to be able to "diamond hands" it all the way because you know where you stand on it. If you focus on one thing, you can definitely be unaffected by the price changes because overall, you can see the view and the positive things it can give in the long run. Just HODL.

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May 09, 2022, 04:26:16 PM
 #11

This is another opportunity for those of us who have never purchased Bitcoin before. I wish I had a large enough capital to buy Bitcoin at its current price because I hope to hold Bitcoin for a long time. I'm curious how traders will fare today; those who purchase and sell in a short amount of time would have been out of luck throughout the year because the market isn't yet stable, and we don't know when it will be. Holding, in my opinion, is the best way to avoid market frustration.
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May 09, 2022, 08:43:57 PM
 #12

Eh, what you're doing is right, but not for everyone. Just imagine that what you're describing as an easy task may be very stressful for some. Seeing it rising high enough that you're thinking "hey, I may be set for life", not selling and then seeing it drop low enough to think "did I miss my chance? I could have been set for life" may be a very stressful way to live for someone else. But good for you that you are able to do it.
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May 09, 2022, 08:49:25 PM
 #13

I've never sold a satoshi since 2013, actually never sold any BTC. I've seen all the ups and downs, seen them all. I'm very relaxed now because I just HODL and enjoy the ride. Let the weak hands lose, the strong hands will remain. Go on and sell your BTC to the big boys. One day BTC will go in the $xxx,xxx zone and many of you will regret selling. Dips are temporary and BTC will still exist in 2140, remember that, it cannot just disappear. Go on, make the rich guys richer. They will be happy to buy it from you, but remember, once you give it away it's gone.

Actually I cannot believe a new opportunity to buy BTC for cheap has been given to everyone. It could be among the last who knows!
Wow! Its really good to see that someone who had been able to hold for 9 years which is something that someone could not easily be done due to lots of ups and downs where you could really potentially able to sell or cut loss whether its a pumping or declining market.Its hard when you do really make yourself aware on the condition of the market or simple been seeing or checking actively
unlike when you are just simply holding and dont stress out yourself when it comes to price and make yourself that fixed mindset on selling out on near future or in the right time.

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May 09, 2022, 09:12:09 PM
 #14

Eh, what you're doing is right, but not for everyone. Just imagine that what you're describing as an easy task may be very stressful for some. Seeing it rising high enough that you're thinking "hey, I may be set for life", not selling and then seeing it drop low enough to think "did I miss my chance? I could have been set for life" may be a very stressful way to live for someone else. But good for you that you are able to do it.

his patience is really commendable. not everyone can do that. for one, we have different needs in life that most will sell their holdings once they see a very good price. and use that amount to whatever they want in life. or some are forced to sell because they need to pay bills or of that sort of situation even if they don't want to. so great to hear from a long-time holder who has seen a lot of ups and downs and still holding...

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May 09, 2022, 09:33:26 PM
 #15

Eh, what you're doing is right, but not for everyone. Just imagine that what you're describing as an easy task may be very stressful for some. Seeing it rising high enough that you're thinking "hey, I may be set for life", not selling and then seeing it drop low enough to think "did I miss my chance? I could have been set for life" may be a very stressful way to live for someone else. But good for you that you are able to do it.

his patience is really commendable. not everyone can do that. for one, we have different needs in life that most will sell their holdings once they see a very good price. and use that amount to whatever they want in life. or some are forced to sell because they need to pay bills or of that sort of situation even if they don't want to. so great to hear from a long-time holder who has seen a lot of ups and downs and still holding...

First, OP believes in BTC. Second, I bet OP has other source of income and have the luxury of investing and holding BTC without affecting his budget for daily expenses and bills.  I commend OP's unwavering faith in Bitcoin reaching $xxx,xxx.00. 

Just imagine that what you're describing as an easy task may be very stressful for some.

It wouldn't be stressful if you have enough faith in BTC and a budget to spend for your daily lives.

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May 09, 2022, 09:34:40 PM
 #16

I've never sold a satoshi since 2013, actually never sold any BTC. I've seen all the ups and downs, seen them all. I'm very relaxed now because I just HODL and enjoy the ride. Let the weak hands lose, the strong hands will remain. Go on and sell your BTC to the big boys. One day BTC will go in the $xxx,xxx zone and many of you will regret selling. Dips are temporary and BTC will still exist in 2140, remember that, it cannot just disappear. Go on, make the rich guys richer. They will be happy to buy it from you, but remember, once you give it away it's gone.

Actually I cannot believe a new opportunity to buy BTC for cheap has been given to everyone. It could be among the last who knows!
You must be living a good life already OP that you were not tempted to sell even some of your btc's. I guess you will have a very bright future ahead, as everything will pay off in the end. But not in my case OP, because i have sold some of my coins but with a great purpose. So i won't be regretting in the future because i was also in profit when i sell them. For now, i'm starting to accumulate again more bitcoin for my portfolio so i can still be profitable in the future, as there's no late when it comes to bitcoin.




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Synchronice
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May 09, 2022, 09:42:50 PM
 #17

I've never sold a satoshi since 2013, actually never sold any BTC. I've seen all the ups and downs, seen them all. I'm very relaxed now because I just HODL and enjoy the ride. Let the weak hands lose, the strong hands will remain. Go on and sell your BTC to the big boys. One day BTC will go in the $xxx,xxx zone and many of you will regret selling. Dips are temporary and BTC will still exist in 2140, remember that, it cannot just disappear. Go on, make the rich guys richer. They will be happy to buy it from you, but remember, once you give it away it's gone.

Actually I cannot believe a new opportunity to buy BTC for cheap has been given to everyone. It could be among the last who knows!
Some questions:
1. How many bitcoins did you have in 2013?
2. How many bitcoins did you buy after that?
3. Why do you think that it's bad to trade? If you are so patient holder, then you could use a lot of historical moments that happened in 2017 and 2021. I don't say it's easy to predict the price but when you hold infinite and see that bubble grows, grows and grows and it reached 20K USD (2017 event), let's sell this bitcoin and wait for the price dump because I'll have an opportunity to buy more bitcoins, double, triple my bitcoins. Aren't you with that passion?
4. What's your day-to-day activity that lets you not touch bitcoins even in worse-case scenarios?
hatshepsut93
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May 09, 2022, 10:11:22 PM
 #18

Unfortunately, a lot of people want to get rich very-very quick, so they try to trade frequently, and because of that they are worried about about bear markets. If only people realized that getting rich in 2-4 years is already extremely fast, and anything faster than that is virtually impossible, there would be far less stress and losses in their lives.

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KingsDen
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🌹HUMANITY🌹is my Religion


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May 09, 2022, 10:13:46 PM
 #19

Having held bitcoin since 2013 reveals the kind of personality you are, your social status, financial background and more.
Someone who is not financially balanced, someone who struggles to accomplish a project and someone who has no backup, cannot hold bitcoin as long as you did.
When they say hodl, someone who wants extra few dollars in his capital to complete a house rent cannot hodl.

Yet, some people has the will power to hold but conditions doesn't permit them. Please forgive those of us that fall in this category.

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verita1
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May 09, 2022, 10:26:59 PM
 #20

People who think like OP know what bitcoin is, its value and its mission.
Sometimes it's not just accumulating more money or worrying about losing it all.
Bitcoin will remain bitcoin.
Today the main stock indicators of the New York Stock Exchange closed with negative indices causing all this panic due to uncertainty, this causes the world economy to slow down due to the current situation and the decision-making of monetary policy and China's lockdown.
My thought is like OP's let's not let panic overcome us. Let's not sell our bitcoin because the rich are waiting for it.

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