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Author Topic: Do you want to live a peaceful life? Without drama? Then HODL and enjoy the ride  (Read 472 times)
amishmanish
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May 10, 2022, 03:14:00 PM
 #41

HODL is the best strategy, if you want make real profits, make long term investments. Bitcoin  is going to be a great asset in future. Its already too big to ignore and Its technological superiority over fiat will always keep it a good investment option and in long run it will always be profitable. But I believe in the current market short term investments in good projects is also a good avenue of making good money. SO while you keep HODL, keep chipping profit from small projects also.
evilgreed
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May 10, 2022, 03:25:58 PM
 #42

               Damn, op is really amazing to be able to hold on to his btc for that long. Imagine the temptations every time there's an important thing that needs to be bought, or the bragging rights and being able to say " I told you so" to your peers that has been doubting you. Although, it wouldn't be wise telling anyone about your holdings just because you know them. Heck, even the closest people around you sometimes cannot he trusted. Well, if everyone are well of in life then I think  most of these people won't even think about selling as well. I wish I was that well off as well. But anyway, congrats op.


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May 10, 2022, 03:30:17 PM
 #43

I really don't get these "ranked" people (legend\hero\etc) who keep claiming to HODL for Life and will never sell....

WHY DO YOU HAVE BITCOINS???
Some people simply use it as an investment only rather than currency. While I think that bitcoin should be used   (and I spend bitcoin on the regular basis) as what it is initially intended for, everyone is free to use (or not) his bitcoin as he pleases.


Every Legendary who is NOT a millionaire by now has simply : FAILED !
That's just straight up bullshit. Didn't you just say that people should spend bitcoin and not just hodl it, so how the hell should someone become bitcoin millionaire if he bought his first bitcoin 3-4 (it takes up to 3 years to become Legendary) years ago, and keeps spending it all the time?

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Silberman
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May 10, 2022, 03:48:00 PM
 #44

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 are completely right and even then people are not going to listen to your advice, people want to get rich fast with bitcoin and as such they think of trading as the best option for them to do this, and while a few traders can in fact make that much money we also know the vast majority have no chance at all to reach those results, so with this in mind holding our coins for the long term is the best option, but unfortunately very few people realize this before they suffer massive losses.



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May 10, 2022, 04:08:51 PM
 #45

There is no doubt that if the price of Bitcoin goes down and never goes up, Of course it will go up .And what happened now is that in 2013/14 people couldn't imagine that I think bitcoin will go even higher than we think now. Anyway, congratulations to you, I am really surprised to see your patience. You have been holding bitcoin since 2013 . In this case I'm a less patient person so I can't hold it for long term. I bought it in a dip  and sold it when it increased. I bought it again and sold it again like this (Because I like to do short-term trading). My point is, if I spend my life on holding, when will I eat? That's Doesn't  mean I am not discouraging those who are holding it . The fruit of patience is always sweet. Similarly, holding Bitcoin for long-term can lead to huge profits.

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traderethereum
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May 10, 2022, 05:12:30 PM
 #46

Hold will never be easy, let alone hold bitcoin since a few years ago when we didn't know what the future of bitcoin would be.
Maybe people who still hold bitcoin for a long time have no problem holding on for a few more years because they still have other sources of income so they can still hold.
But for people who have financial difficulties while they still have bitcoins, of course, they will sell bitcoins, especially if the price can increase higher as it is today.
So Hold is an option for everyone who owns bitcoins and it is up to them to keep Hold or sell their bitcoins and it is their decision.

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bitzizzix
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May 10, 2022, 05:13:06 PM
 #47

Hard to believe but the OP did and maybe you're one of those people who don't need the money, I mean maybe the OP has some other income that makes his needs met and if that's true you're great.
since i myself have a steady income or steady job i keep selling them when i make a profit on ATH and i will also sell them if i want something expensive and i can't afford it and i stick with it. But I didn't spend it either.
Holding bitcoins from 2013 to date is a huge achievement and you are not tempted in the slightest when the new ATH comes along, and also with huge gains.

by the way may i know how many bitcoins you have hehe... kidding Grin

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bitcrystal
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May 10, 2022, 05:52:13 PM
 #48

thats a huge one and i believe its going to pay off eventually. hodling is the best looking at the fact that previous history shows it will move to a new ATH. some people knows how to sell at some high price even though not the ATH and buy back lower not specially the bottom. anyone who cant face the stress of frequently monitoring price should just hodl.

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May 10, 2022, 06:02:35 PM
 #49

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.
I'm not disputing the fact of holding bitcoin for long time frame, because i understood from the existence of cryptocurrency and especially bitcoin, that the more you hold Bitcoin is the more you get advantages over it market increment values..so the problem is that nobody can predict the future and life span of bitcoin, because it's a creative currency that wants to dominate all over the world, which it's possible to be abolished by creating another related currency that will be superior than bitcoin.

So over the emphasises you portrayed that bitcoin can last up to 2140 years or turns base on your direction, I'm not disputing that also because it's assumption, but will it be callful to die when holding bitcoin... At least sell your coin and enjoy the valuation of bitcoin.



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Anonylz
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May 10, 2022, 06:31:10 PM
 #50

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!

I completely agree, we have weaker hands and string hands in crypto market as of now, I hope as they sell their coins strong hands are picking them up for future hold, this market doesn't want 2 months investors who will keep making noise anytime there is a slight shift in price. Not everyone will take advantage of this opportunity.

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Coyster
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May 10, 2022, 06:54:11 PM
 #51

I really don't get these "ranked" people (legend\hero\etc) who keep claiming to HODL for Life and will never sell....
WHY DO YOU HAVE BITCOINS???
It is an individual thing, but the things is this, it is a currency, as in a medium of exchange that can be used to make purchases here and there in places where it is already being accepted, it is also an asset for speculation on the price, it is up to you the individual to make up your own mind on how you choose to use it. And nobody is actually claiming to hodl for life, there is quite a lot of prospects with Bitcoin, first of all it is a long term project that is still a long way from harnessing its potentials, thus for speculators they have to wait for the long run to really make great ROI, that 'long period' isn't technically holding for life, it is just that there are a lot to come with the network, but everything still boils down to the individual, you decide what to do, you shouldn't even take advice from anyone in the first place.
I sold some of my BTC in 2019 and paid of my house
I sold some of my BCH in 2020 and bought a nice car
Right now I am -waiting- for BTC tot hit above 80-100K and I will sell another one\two and buy a myself another house
I use my Bitcoin (and other) to live my life to the max!
All of these are actually great, and no one can fault you for that, this is how a lot of people use their Bitcoins too, but we can't question how other people use theirs, if they are more into the long term, then great. For example even though i believe Bitcoin really has a great long term prospect, i can't really ask/force someone else to see that and hodl with me.
Every Legendary who is NOT a millionaire by now has simply : FAILED !
I am afraid this last part of your post is off-topic i'm sorry.



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boris singer
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May 10, 2022, 08:21:59 PM
 #52

I support what you do especially you are someone who has been in Btc for a long time and you decide that of course with faith in btc and I admire what you do.
This is a good move because what's the point of letting go if it's a good thing.
you've felt something worse than this before so it's no wonder you're pretty relaxed now and a lot of people should be doing the same
Issa56
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May 10, 2022, 09:46:13 PM
 #53

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 people don't still trust bitcon, if their is Slight drop in bitcon price, most people just panic and sell. Have been holding bitcoin for years now and I don't even care if the price is going up or dropping, the only thing I do now is that whenever am having extral funds that I won't be using for now I still use it to accumulate more bitcon because I believe the price is still very low and I believe lot's of people will still regret why they didn't buy at the current price.

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Vaculin
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May 10, 2022, 09:53:26 PM
 #54

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.
That should always be the motivation if you aim for long term hodling, not to be bothered by its price volatility and all the market's highs and lows that will make the market always unpredictable. Good thing if you stay and focus on your goal, because in the end you will be gaining the highest advantage from not selling your coins. Not all people are capable for long term hodling, because even if we think its less risky than trading, but still hodlers could sometimes get panic too if they see that their investments are not working anymore. The reason why long term hodlers should have more patience and courage above others.
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May 10, 2022, 11:52:11 PM
 #55

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.
That should always be the motivation if you aim for long term hodling, not to be bothered by its price volatility and all the market's highs and lows that will make the market always unpredictable. Good thing if you stay and focus on your goal, because in the end you will be gaining the highest advantage from not selling your coins. Not all people are capable for long term hodling, because even if we think its less risky than trading, but still hodlers could sometimes get panic too if they see that their investments are not working anymore. The reason why long term hodlers should have more patience and courage above others.
Its a must thing but it cant really avoided for you not to panic on the time you do really watch the market on how it moves or in overall situation.How about into those people who had bought on peak or ATH price of 69k?
For sure most of them had already long time cut their losses but there are still people who had still been holding and its amazing on how they do really control out theirselves despite of the stress that it gives
knowing your investment is really on that big negative. If you are really that minding about long term aspect then you would really not panic even into these bearish times.

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jrrsparkles
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May 11, 2022, 05:41:53 AM
 #56

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!
HODL really depends on the financial status of every individual, for example someone with 1000 dollars in their bank account can't follow the same strategy as someone with 500K in their bank account but the purpose is to accumulate more money for that you need to buy low and sell high, if its possible to keep holding on every situation then its good but there are also people who like to play short hands on every wave.









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Henrobakkara
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May 11, 2022, 05:54:33 AM
 #57

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.

Some of us understand the importance of HODLing your Bitcoin assets but what you just explained here is the reason some have not been able to do so not because they don't want to. I remember a post here some time ago that talked about how easy it was for the "Rich" to get richer in terms of BTC investment because they can afford to hodlin whatever situation since they have buffer finance for other things, unlike the "poorer" categories. It takes a lot of dedication for investors like OP to continue to HODL regardless of some of the ATHs we have seen in the market.
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May 11, 2022, 10:20:32 AM
 #58

Life, life gets interesting when there are dramas. That's story for another day.

I wonder if there inst any drama at the moment, with hodlers seeing the market go bearish, very seriously and unexpected. For some reasons, many are left to believe its just a strategy buy the whales to create a selling opportunity. Giving new hodlers the reason to rush for a sale in order to save profit or to cut there loses.

But that isn't the idea of hodling is it? A true hodler is one who's hodlings have or is ready to hibernate through the bearish season and even tsyas frozen in the bullish market until it is necessary for enjoyment of investment, although that goes for ROI or some other strategy to it.



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raidarksword
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May 11, 2022, 12:49:22 PM
 #59

Sometimes being a holder is a difficult task because the temptation is there especially if the market is in bull seasons and taking profit is just click away in our computer or phone's app. I believe that time is only our hope to become successful in this industry and just being patient we will make our dreams come true just by believing in bitcoin and the power of holding.

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May 11, 2022, 01:53:03 PM
 #60

everyone believes that bitcoin is a very valuable asset in the future, almost everyone in every country has entered the bitcoin world, and has invested in bitcoin, everyone wants to live in peace, then hold bitcoin, and enjoy the journey, I always invest long term , because if I make long-term investments I don't have to exhaust myself, because I get fantastic profits when I make long-term investments.

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