It is ok to sell your Bitcoin.

[Obari]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

[tabas]

So my question is:
~ Do people hodl just because others are HODLing?

No, we all have target prices and as much as we can hold, we'll hold. But no one can stop us if there's a need to sell it because that's how the market works. We have to sell and make a profit out of it so, others are just doing nothing and chilling to hold it until they can see the window of selling it at the desired price that they may like.

~ Why so people hold rather than sell and buy again when low

It's because they know that in the future the price will be more expensive and higher. It's a matter of investing and just like any other assets that we know of, we don't want to sell it at a lower price. Holding requires less effort than being that type of buying low and selling high at most types and this is what traders do, trading and investing still have differences.

~ What is your major reason for HODLing and how do your survive the bear market?

Based on what I've experienced in the market, being patient is going to be paid off within the next years. I survived the bear market just as the usual, don't look at the charts that you don't like the projection of it and just be solid with your long term plans.

[Yatsan]

Ofcourse it is okay as long as it is yours. Either you regret it or not afterwards; you are selling your asset for a reason. Regardless whether you sold it early or late; as long as there is a reason from doing so, that would be fine. We have different circumstances as investors in the first place. Some people will say "just hold". There will jist be emergencies in our lives which are totally unexpected and those will be the times wherein you have to break your plans to cope or adjust with the situation. Believe me, this happpens a lot in this industry. I had tough times as well wherein same thing pushed me to sell before rhe previous all time high. It did not gave me any regret since selling was necessary on my end.

[mendace]

Maximalist hodlers are a cancer for the mass adoption of Bitcoin, if we truly believe that one day this widely scarce digital currency will become the only economic exchange in the world then we must inevitably start using it in our daily lives.  If you tell me that it's not easy at all, I can guarantee you that using services like bitrefill you can easily buy everything using Bitcoin.  So we must not become hungry Bitcoin hodlers, but as in classical finance we must set aside and spend at the same time, while those who hope to see bitcoins in the hundreds of thousands of dollars are wrong.

[decodx]

The main reason people HODL is because they believe in the long-term potential of the project and technology behind the cryptocurrency. This strategy is based on the idea that the market will eventually recover and the value of the asset will increase. This means that if you HODL at a time when the price is low, you can expect to make a profit when the prices go back up. However, it's important to note that HODLing isn't a foolproof method for success. In fact, this method is often criticized by investors who believe in more active trading strategies.

[Casdinyard]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why so people hold rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

Agreed. I noticed it too for quite some time and that mentality is pretty common and easily instilled amongst the newbies. Somehow the pros and the veterans aren't so much indoctrinated by said notion. Then again for me it's all a matter of capacity really. If you think you can still carry on holding coins despite the bear market, then by all means hold them til the bull market comes around. But if you greatly depend on the value of those coins you own then I highly suggest you pull out some, or maybe even all of it if ever. After all the not losing is still winning, and in this case we have to mitigate the losses you incur which will only be possible if you pull your coins out at an opportune time.

[Dunamisx]

~ Do people hodl just because others are HODLing?

No, everyone is independently holding base on his own approach and level of research he has taken while undergoing bitcoin price speculation, but should in case some people follows the crowd then don't be surprised that they may be loosing when other are making profits because they both goes on different strategies on holding.

~ Why so people hold rather than sell and buy again when low

This is very simple to know, buy when it's cheap, hold on till when it rises before selling, isn't this beautiful and easy to do without any fear of missing out.

~ What is your major reason for HODLing and how do your survive the bear market?

Investors hodl during the bear and sells during the bull, another means you could adopt to survive the bear is to adopt a profitable buying strategy like dollar cost averaging pattern for your buying by weekly places, you can decide to hold or sell on this because you bought already at dip and can still sell when little realization is being made from your buying rate.

[Questat]

In the current situation, selling is not the best option but of course, if it is really necessary to sell them, then just go.

If you are buying them at the $18,000 you are earning already, it is somewhat not a bad decision either. If you can hold it long and wait for the next bull season, it is really more profit to get. But of course, we can't simply think that it goes high continuously this time that is why we can see that some people are selling some of their Bitcoin and I know they will still use it to reinvest when the price drops back again.

[serjent05]

So my question is:
~ Do people hodl just because others are HODLing?

People hodl because they believe in the long-term potential of the technology and believe that the price will eventually rise.  It is also possible that they wanted to avoid a short-term volatility of the market and possibly don't want to miss out on the potential profit.

~ Why so people hold rather than sell and buy again when low

It is possible that the investor may not have a clear strategy on when to sell or buy.  It is also possible that they are emotionally attached to their investment and don't want to missed out on the potential profit.

~ What is your major reason for HODLing and how do your survive the bear market?

The major reason I have why I hold Bitcoin is because I believe that there is a very huge potential on its market.  I am hoping that my investment will yield more than 3x of my initial capital.  If we have other sources of income and our belief is strong that the Bitcoin market will one day surge, ignoring the FUD and just going on with our life can make us survive the bear market.

[Ebede]

Ofcourse it is okay as long as it is yours. Either you regret it or not afterwards; you are selling your asset for a reason. Regardless whether you sold it early or late; as long as there is a reason from doing so, that would be fine. We have different circumstances as investors in the first place. Some people will say "just hold". There will jist be emergencies in our lives which are totally unexpected and those will be the times wherein you have to break your plans to cope or adjust with the situation. Believe me, this happpens a lot in this industry. I had tough times as well wherein same thing pushed me to sell before rhe previous all time high. It did not gave me any regret since selling was necessary on my end.

Selling off your bit going is good for the problem is that if bitcoin rise during the process or during the time you call for selling of it and it increases I will say that you have to keep your bitcoin until when the time or when will enter bullish market that you make your profit thanks to you can be able to sell some part of your bitcoin not all but if it is like altcoin I will advise you to sell or without any hesitation

[Zaguru12]

Selling off isn’t bad because it’s actually the sole purpose of having it in the first place. The problem is the manner or period you sell. Some investors sell off immediately when there is a little price rise and some when a dump happens. Selling under panic conditions isn’t good because it sometimes leads to loss.

~ Do people hodl just because others are HODLing?

Some investors actually do hodl because of people’s opinion on holding

~ Why so people hold rather than sell and buy again when low

Many investors believe this is still early days of bitcoin and every body Holds just to have bunch of it when it eventually hits the ground running as legal tender for some countries and at that time it’s scarcity will favour early holders just like those that have it in 2009 and those who are just getting to buy them now. People sell high and buy low to gain some profits and still be able to hold some for the future.

~ What is your major reason for HODLing and how do your survive the bear market?

My reason to hold is just base on what stated above. To survive bear market is easy if you can be patient to hold for long and the secret to holding for long is having a secondary sources of spending. That is when investing in bitcoin you set aside Some funds for emergency and also for daily use. That is why it’s best to use at least 20% of once income. This percentage looks more less easy to lose and at such you don’t panic when the market fluctuates

[bitcampaign]

besides I bought it with unused money so it's not a problem to sell it anytime , let's just say I'm investing long term so there's no need to rush to sell it , I believe bitcoin can be worth 1 million dollars , until that time comes I continue to buy it gradually

[Cryptomultiplier]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why so people hold rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

Firstly, one must consider the intention behind making such a decision as would any normal person whose money is involved. Money in any form is meant to be spent, but how it is spent is what matters.
If I have immediate or pressing need for my Bitcoin, I don't see why I can't withdraw and sort myself out. If there isn't a need to do any of such thing at the moment other than save/invest, HODLing is a good option.
If no time constraint, one can try out other DCA strategies suppose there is growth in gain of Bitcoin, both regarding saved up coin in wallets.

[franky1]

never "sell all"

decide on a % to sell dependant on need of such funds and how much % the price has gone up by

with enough small events you can establish 2 reserves . of btc and fiat to take each opportunity of a up or down

[Rikafip]

Do people hodl just because others are HODLing?

Some probably do and I do hope more people will follow others in that regard.

Why so people hold rather than sell and buy again when low

Because in order to actually sell high and buy low on the regular basis you have to be a good trader, and majority of people simply aren't. I tried that tactic in the past and while it worked for a couple of times due nothing but luck, in the next few times I tried that I lost big part of the previous profit so I realized that trading is not for me and I sleep much better ever since i switched to hodl mode, not obsessing over price.

What is your major reason for HODLing and how do your survive the bear market?

I suck at trading and I have no time or will to learn it. Regarding how I survive bear market its simple: I don''t have any price tracking apps on phone and I very rarely visit Coingecko/CMC.

[KennyR]

Op have a right view on the market rise of bitcoin. This mainly connect with the newbie users who have entered the market in a dilemma. For them it is advisable to enjoy the profit, because they were in a dilemma whether the growth will happen or not. When the growth have taken place, it'll give them the relaxation and the understanding about the market. Missing an opportunity to profit will once again cause them into panic of losing or missing out the opportunity to profit. People with such mind can go for selling, whereas the majority of the hodlers were the people who trust bitcoin and believe in its growth. They never look upon others and hodl. It is the reality of the market to have a bull market after bear market.

[Ojima-ojo]

It depend your motive behind owning Bitcoin, if tou are into bitcoin for it soul aim of being in bitcoin os just for short term investment then what you explain you accurately and taking profits and minimizing loses can be the perfect way to go.

But to others, no matter what the price of bitcoin is it does not matter in their investmentand the are not looking at BTC vs DCA cost so their are at peace and whatever happens in the Bitcoin to dollar value it does not concern them.

[darkangel11]

I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry

So you're a trader. You want to enter the deal with fiat money and your goal is to have more fiat money in the end.
I approach this in a different way. I haven't even obtained a lot of my bitcoins by buying it with fiat money. I got it by selling different things for bitcoin, participating in signature campaigns, getting altcoins for holding my bitcoin and selling it to get more bitcoin, like I did with BCH, BSV and many other small bitcoin-based altcoins. Ultimately I want to have as much bitcoin as possible and I don't care about holding fiat.

[n0ne]

Whether to sell your bitcoin or not need to be decided by the owner. Bitcoin at the present market situation have bounced and users who wants to make some profit can sell it and wait for the opportunity to buy back when there is minor drops. This is quite risky at the moment as the market could make any unexpected move in no time. People mostly prefer to hold their accumulated bitcoins at these kind of market situations. Even now it looks like the market to accumulate than selling.

[dothebeats]

This is where most newbies fail to really take into account. It's okay to sell as long as you need it, or you are planning to sell high and buy low to add to your stash. I've sold my coins a lot of times but I always make it to a point that I can buy those back and keep them for long. But if you're not really trying to actively trade, then buying and holding is the play and it's much easier to do, plus it's less stress too. Whatever you want to do with your coins, it's yours after all, so don't feel bad if you feel the need to let go of your coins for a greater cause.

[landheer]

in my opinion, the reason people prefer holding than selling is because they have a planned price target. because according to my experience when we are not strong enough to hold and sell it, it will be difficult to get a price like the price we first bought. and thus will generate
regret for not being able to buy at the same price as before. so I guess that's one of the reasons, people prefer holding than selling it.

[uneng]

~ Do people hodl just because others are HODLing?

I don't think so. People hold because they see potential in doing this aiming future gains. Of course there is the hype thing, that leads many people doing what others are doing, but it's always aiming profit which will benefit each of them privately.

~ Why so people hold rather than sell and buy again when low

Because they don't know if prices are going to fall more yet. Let's say holders decided to sell their coins on the present moment for 21,000$, imagining this temporary rise is going to send price back to 15,000$ soon, and on the next day Bitcoin skyrocketed to 40,000$ and never got back anymore? That means they lost the opportunity of holding for the next bull run. So better to not risk selling coins.

~ What is your major reason for HODLing and how do your survive the bear market?

The goal is to reach the next bull season. We survive the bear market by being patient and hopeful it's just temporary. That is all.

[Despairo]

Maximalist hodlers are a cancer for the mass adoption of Bitcoin, if we truly believe that one day this widely scarce digital currency will become the only economic exchange in the world then we must inevitably start using it in our daily lives.  If you tell me that it's not easy at all, I can guarantee you that using services like bitrefill you can easily buy everything using Bitcoin.  So we must not become hungry Bitcoin hodlers, but as in classical finance we must set aside and spend at the same time, while those who hope to see bitcoins in the hundreds of thousands of dollars are wrong.

You need to know people who not hold Bitcoin, government which ban Bitcoin and people who spread FUDs about Bitcoin are many factors to reduce Bitcoin mass adoption! not the maximalist holders!

It's up to everyone want to use their Bitcoin and you can't force anyone need to spend their Bitcoin everyday, don't forget when you actively send your coins, it will increase the chance you can send to wrong address and any other human error.

[Nrcewker]

~ Do people hodl just because others are HODLing?
~ Why so people hold rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

People HODL in order to make profits only. They don’t care what others are thinking or doing. In this cruel world no one thinks or watches others, they just care about themselves. People HODL, because they know that the coin is way more valuable than the current price.
And regarding the question of bear market, then let me tell you my friend that at start, trading is just like an extra income. Invest in coins that you can afford to lose, or don’t rely on the funds that you are investing. Hope this clears your doubts OP.

[UserU]

Just like any other asset, people have to realize profits someday.

If you don't, somebody will.

[Obari]

Maximalist hodlers are a cancer for the mass adoption of Bitcoin, if we truly believe that one day this widely scarce digital currency will become the only economic exchange in the world then we must inevitably start using it in our daily lives.  If you tell me that it's not easy at all, I can guarantee you that using services like bitrefill you can easily buy everything using Bitcoin.  So we must not become hungry Bitcoin hodlers, but as in classical finance we must set aside and spend at the same time, while those who hope to see bitcoins in the hundreds of thousands of dollars are wrong.

Thanks mate and you really did get my message fully because many other persons feel it is really wrong to sell when it hits a certain price and that isn't right.
Let me give an example, I have a friend who makes alot of money from the instability of the market and what be does is this, he simply buys low and sell high just as we all know and the major reason for investment is to get a return on it right ?
Now let's say you want a 50% return on your investment irrespective of the capital you have and then you move into Bitcoin with it's high volatility rate and then you're conscious and aware that the volatile nature of Bitcoin is the major reason while we make money on investment,
Now you buy at price A($16k) and suddenly price moves to price B($20k) with this you've already gotten 25%of your investment hoping for another 25% to take your profits and all of a sudden price begins drop probably to $19.5 and rather than sell, some persons will still let this price drop and then begin hoping for another rise making their investment taking longer time rather than sell at price B and wait for another price to buy again.
People have to learn to take profit rather than follow the crowd.

[Kakmakr]

The main reason for HODLing are profit or simply greed.

People are fighting to beat inflation with all their investments and they think that they found a way with Bitcoin to beat inflation. In a sense, this might be true in the long-term, but people do not have the discipline to HODL until the Bitcoin price reach those levels, where inflation are beaten.

My strategy are based on a 80/20 principle, where you use 20% of all the coins you buy...and you hoard 80% of those same coins. You cannot simply have a situation where everyone hoard 100% of their coins, because retailers that support Bitcoin ...need people with bitcoins to use it to pay for services and goods. (If we do not support them, they will stop accepting Bitcoin as a payment option)

[DevilSlayer]

Ofcourse it is okay as long as it is yours. Either you regret it or not afterwards; you are selling your asset for a reason. Regardless whether you sold it early or late; as long as there is a reason from doing so, that would be fine. We have different circumstances as investors in the first place. Some people will say "just hold". There will jist be emergencies in our lives which are totally unexpected and those will be the times wherein you have to break your plans to cope or adjust with the situation. Believe me, this happpens a lot in this industry. I had tough times as well wherein same thing pushed me to sell before rhe previous all time high. It did not gave me any regret since selling was necessary on my end.

Conviction is the most important things before selling an asset, tell yourself first why will you sell your bitcoin? It is because part of your plan where you will buy again when the price retest? Or are you afraid that the price may hit the top very soon. If you have a strong reason and conviction on something else then you will not regret what you decide today in the near future. We have freedom to do things that we want so it is okay to sell bitcoins especially if you have a personal reason behind it.

I sold my bitcoins last year because of the sentiment where the price is continuing to decline because of the bearish season but right now, everything is change. That's why I starting to collect a position again, I did not regret selling my bitcoins last year because I have no control on it but now my niche setups show up and that is the reason why I starting to collecting again because I'm confident in this type of market.

[Crypto-Ivan]

~ Do people hodl just because others are HODLing?

Buying low and selling high is the trading or investment strategy of most people, buying low and selling at the expected price in order to obtain more profits.

~ Why so people hold rather than sell and buy again when low

They choose to hold for a long time because they believe in the market potential and its technical potential, and believe that the price will eventually rise, and the future will be more potential and valuable.

[pooya87]

The problem is never with selling or buying, the problem is with panic selling and panic buying.
That means for example when the price falls down a lot and reaches the bottom the weak hands start selling after that inside the accumulation phase and when price is already down instead of before the drop and when it is still high.
Similarly the same weak hand start panic buying after the price went up and reached higher levels instead of buying in the dip and while price is already low!

Part of this behavior is because some people have have no idea what they are doing. They don't even know what bitcoin is, if you ask them to explain it to you they will say "it is profitable"!

[Rruchi man]

~ Do people hodl just because others are HODLing?

Some people are not as informed as we think and don't know as much we think they do when it comes to cryptocurrencies and bitcoins. They just ask and follow what they see other people doing, so actually yes some people are HODLing because other people HODLing, not because they have any real targets.

~ Why so people hold rather than sell and buy again when low

For this, people have set different targets and instead of sell and buy strategy at any slight indication of price increase, they have decided and set long-term targets for themself for when they will be comfortable with that action.

[mk4]

1. Depends who you're asking. Not everyone is holding bitcoin for the same exact reasons.

2. Because I know I and the huge majority of people can't consistently and accurately predict bottoms.

3. Because I'm long term bullish on bitcoin due to it's characteristics.

[LDL]

So my question is:
~ Do people hodl just because others are HODLing?
~ Why so people hold rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

The answer to your first question is that in my opinion holdings in cryptocurrencies largely depend on the market position/situation. Whether you hold or sell depends entirely on your purchase. If you feel your holding is giving you profit then you can hold.
Most expert holders generally follow the investment principle, the investment principle is that you buy cryptocurrency in a down market and wait for an up market.
Answering your third question will be very difficult for me because I can't control myself in bear market. I experienced huge cryptocurrency losses in 2022 in a bear market. But there is no alternative to holding in a bear market.Those who hold in the bear market are sure to get huge profits in the future.

[yazher]

Most holders have their own multiple incomes that's why they don't really need to sell their bitcoins and continue holding them until it reaches the amount they like when to sell them. As for the others who used money that is not supposed to be used in bitcoin investment, they are the one who is panicked right now and they are most likely doubting their own decisions. In this kind of scenario, patience and perseverance is the main key to keep holding on to your bitcoins and you don't rely on them to survive and to fund your essential needs every day. This is where the problem started when they decide to buy bitcoins with everything they have, thinking it would gonna skyrocket in the next few days or months which is kinda stupid because volatility in the crypto market is pretty high. so you are a fool if you have a mindset like that because it's rarely gonna happen.

[teddybear]

~ Do people hodl just because others are HODLing?
~ Why so people hold rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

1) This could be true with any asset. Depends on how much you value it and how much others value it.
2) It's much easier to just HODL and go through tough times than trying to predict the volatile market. If you firmly believe that it will go back up, why sell in the first place? just buy more, when its low  
3) Surviving the bear market can be hard but make sure you are financially stable enough to risk some capital into the asset(Bitcoin in this case). How do I survive the bear market? I look for extra side works, that would get my bills paid.

[eddie.gouws]

The answer to this question depends on a number of factors that need to be considered before deciding whether selling your bitcoins in 2023 is the right choice for you.

Firstly, it’s important to consider the bitcoin market at that point in time. In 2023, the crypto market will likely have gained more traction and stability as its usage becomes more commonplace and accepted. As such, there is potential for prices to rise significantly by then due to increased demand and greater understanding of cryptocurrencies. On the other hand, some investors may wish to take profits earlier rather than waiting until 2023 - especially if their expected return hasn't yet been achieved after several years. Moreover, just like any other investment or currency exchange rates, one must also be aware that the value of bitcoins can decline drastically over time as well and could eventually become obsolete depending on future developments with alternative technologies or financial solutions.

Secondly, you should factor in your own personal goals with investing in bitcoins. Are you aiming to enjoy short-term gains by trading? Do you want long-term investments until retirement? Depending on how much risk are you willing to take within each option; how much money do you plan on making; what is your timeframe for when these profits would come through etc., all play an important role when determining whether it would be profitable for you or not sell your bitcoins in 2023 or not.

Overall, it ultimately comes down to weighing up all considerations carefully before deciding whether selling your bitcoins at a particular date (such as 2023)--or at any point--is suitable for yourself personally . Doing some research into cryptocurrency markets will give further insights into potential swings so decisions can then made with more confidence than if left solely based upon speculation alone

[Mauser]

~ Do people hodl just because others are HODLing?
~ Why so people hold rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

Most people who hold their bitcoins for a long period of time are doing so because they believe in the bitcoin project and it's a very successful investing strategy. Prices are hard to predict for any volatile asset, we might not find the lowest or highest price to sell coins. Over the last few months a lot of people here on the forum where actually buying bitcoins. I think we all can agree that buying bitcoins for 16-18,000 USD is a very cheap price. But as soon as you start selling all your coins to try and rebuy them at a cheaper level you are actively trading and following a different strategy. You will need to observe markets, invest a lot of time for research and it's not guaranteed that this is going to lead to much higher returns. The main question is if you need the money or not. Usually we should be only investing with money that we don't need, so you will not be forced to sell at unfavourable prices.

[Venik]

Of course, it's ok. I hate maximalists who say that they'll hold it for the rest of their life. What's the point? Taking profits is ok. We all have different expectations.

[CryptounityCUT]

 Do people hodl just because others are HODLing?
~ Why so people hold rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

1. Majority probably yes, why because they have no or little knowledge - I personally hold BTC and ETH because i know what this technology means, how can be adopted and how can i benefit from it. NEW ERA (amazing)
2. I think people hold these to bad boys because it gives them privilege over others who do not hold cryptocurrencies and of course majority don't have knowledge of when to buy and when to sell.
3. I cannot "die" even if there is a bear market, even though cryptocurrency collapse and does not bring back up, why?...because i invest as much as i am willing to loss.

[traderethereum]

Everyone has reasons for holding their bitcoins and determining when they will sell them and take their profits.
Usually, people want to take the opportunity to sell at the high, which had happened before when they looked at the last ATH and sold at that high.
And when they have sold their bitcoins, they will wait for the moment to buy again and that moment will come again.
Even the bitcoin price really touched yesterday's lowest point so they can get more bitcoins than before.
My main reason for HODLing is to take the biggest profit so with that profit.
I can buy bitcoin again when the price is at its lowest point.
And I can survive in a bear market because I want to buy more bitcoins.

[ultrloa]

~ Do people hodl just because others are HODLing?

Some other people do that especially newbies since they always look after what their seniors do without even thinking that its risky for them to do so since for sure they might be the late one to secure there profit once the person they ask about it secured theirs without telling it to anyone.

~ Why so people hold rather than sell and buy again when low

Sometimes other people don't know how to trade so they believe that hodl is the best decision they could do.

~ What is your major reason for HODLing and how do your survive the bear market?

If I see the worst market condition where price of bitcoin or altcoin is at all time low.

Also I or we survive because we know this scenario will came and we prepare for bear market to happen.

[noorman0]

-snip-
Do people hodl just because others are HODLing?

Based on history and personal experience, this is a spell that really works. So nope, I'm doing it on personal initiative.

-snip-
Why so people hold rather than sell and buy again when low

I have limited analytical accuracy, why not just buy some and hodl on (or temporarily forget about it for a few years). I think it's good if the value will be a surprise someday.

-snip-
What is your major reason for HODLing and how do your survive the bear market?

Including the reasons above, and don't open any charts. Focus on earning IRL.

[jokers10]

...
So my question is:
~ Do people hodl just because others are HODLing?

Some do so, some not. Human beings are not identical, we have our personal behaviors. May be we can find a way to classify types of behavior, but there would be multiple types.

~ Why so people hold rather than sell and buy again when low

Not everyone is a good trader so one reason is not to lose everything being a bad trader. Another reason is FOMO which prevents from reasonable way of operating assets. And may be other reasons also...

~ What is your major reason for HODLing and how do your survive the bear market?

Bitcoin is just money. If I need some at the moment and will not have enough fiat or will suppose that it is ATH time I will spend crypto, no problems with that. But as bitcoin is deflationary asset I'll hardly start spending it first if I have some fiat and it is a bear market.

[Accardo]

It's okay to have other sources of income as a bitcoiner it'll help to keep your bitcoin safe. But, if a person has no other source of getting fiat except selling their bitcoin it's not a bad Idea. Since the aim is to make money, it should be spent as well. The truth why it seems hodl is the major advise is that it helps everyone to make profits, once people starts selling the price will be going down, which doesn't help the growth of bitcoin. Having regrets over not taking people's hodl advise depends on how you feel about the market trend. Sometimes after selling at 17k the price hits 21k, as human, you'll have a bit of regret in you for not having patience. That's why we're told to hold, the price can move further and those that didn't hold would regret selling low.

[Fivestar4everMVP]

I think you are confusing trading in bitcoin and investing in bitcoin, this are two different means through which people are own and disown bitcoin.
The first is buying and selling bitcoin for maybe hourly or daily profit, this can be done every hour of the day and week to accumulate profit overtime.
While the latter which is investing simply means buying an asset and holding it out for a short or long period of time, in investing, a short period of time can be considered as a minimum of 3 months and a maximum of 6 months, or 1 year for some people.
while long term can be considered as a minimum of 1 year, or 2 years for some people, and there is no maximum period one can hold an asset in a long term plan..

So before buying bitcoin, it is necessary to ask oneself whether you are buying bitcoin to trade with it or investing in Bitcoin for the short term or long term.

So my question is:
~ Do people hodl just because others are HODLing?

I dont hold because others are hodling, i sell my bitcoin when i want to, and keep it if i actually invest in it for the long term profit.

~ Why so people hold rather than sell and buy again when low

selling and buying again, and then selling and buying even again- this is trading ..
Those who hold their bitcoin probably invested in bitcoin not for the daily or weekly gains but for the short or long term profit.

[xSkylarx]

So my question is:
~ Do people hodl just because others are HODLing?

No people are holding because they want to earn profit and not getting on with the hype unless we are just talking to the new coins that are coming out right now and got influence by those vlogger.

So my question is:
~ Why so people hold rather than sell and buy again when low

Others bought at high price on which they thought it is low that is why they are still keep holding. I got your point but others tend to hold more because they know that it will raise over a year and they will benefit. Others just forget it and continue holding. Others are also got an extra money on which they still hold but buy again as the price are low.

So my question is:
~ What is your major reason for HODLing and how do your survive the bear market?

Profit is really the major reason why we are into holding and surviving in the bear market it is just we need to have to control our emotions and keep on the positive side like we see that bitcoin will be back again in few years. It is simply to say but difficult to do that is why I step away on my wallet in the past year just checking the price rarely

[Jawhead999]

It depends on each people decision, as long as they have a reason and purpose to sell their coins e.g. need a lot money in hurry for health issue etc, it's completely fine. But for those people who sold their coins because they're worried if the price will drop and can't make new ATH, it's really not advisable since it just proving if they're weak hands and no have any reason to sell their coins.

Sooner or later they will regret when Bitcoin price increase while they're already sold their coins.

[albon]

So my question is:
~ Do people hodl just because others are HODLing?
~ Why so people hold rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

1- The answer is simply that people hodl bitcoin because of their confidence and belief in the ability of bitcoin and its long-term profits, and not because there are only people who HODL.
2- Perhaps when Bitcoin reaches a low level of buying and did not reach the target they set for selling, so hodling will be the most appropriate decision for them.
3- The main reason for most people to hodl bitcoin is that bitcoin is a good investment in the long term and that through their patience and holding, they will double their capital later, survive in the bear market is that they do not sell at a loss and that they stay away from greed, excessive fear and excess boldness and approach learning, research, and logic and that have enough patience and stablecoins to boost and buy again.

[Leviathan.007]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why so people hold rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

That's totally fine if people sold their bitcoins during the bear market. We don't expect to see everyone holding bitcoin with strong hands after all there should be some people selling bitcoins and there can be many reasons for it. For example, some people they sold bitcoins because they got money from a loan and they cannot afford to lose their money, but if my holding bitcoin is easier and the reason is I don't need the money I invested there and I'm patient enough even when I see my bitcoins worth much less than I was expecting to see.

[Sakanwa]

Selling your bitcoin is own your own account,it a thing of if you want to or not.
There most be this reason for you to sell your bitcoin because everyone in life has his or her own issues they face each day and time,so if you are in the need to sell your bitcoin to solve your matter it okay.
Like when I was having these issue of mine it was like a hole lot on my head, so I have to sell out coin so I can resolve the matter at hand.
If you gat a reason for selling your bitcoin and you know you wouldn't regrat it you can always sell.
You been the seller most times most people don't sell because of issues but they just wish to sell but they sell just to feel okay with what they have at hand that moment.
It's has been very legal for you to sell your bitcoin anytime and anywere you are too regardless that it's your own.

[kamvreto]

~ Do people hodl just because others are HODLing?

It's not entirely true, I myself do holding not because of other people, but I'm sure Holding will provide a bigger return when we have bought at a dip price.

~ Why so people hold rather than sell and buy again when low

Do you have any research on how many people are holding and who are selling? I think they sell more too. Buying again at a low price and holding it is certainly a good advantage in the long term, as long as there is a reserve of money to buy back, maybe a strategy like DCA.

~ What is your major reason for HODLing and how do you survive the bear market?

The main reason for Holding as I mentioned earlier, Holding that provides greater returns in the long term and Holding is more recommended for traders who don't have much time to keep monitoring the market. Buy low, hold and then set the highest price target until it is reached. Surviving in a bear market certainly requires a strong mentality and reserves of money to start buying again.

[lovesmayfamilis]

Not everyone is like that, OP. Someone keeps bitcoin because everyone follows the trend; someone keeps it because he has other means and doesn’t need money at the moment; and someone takes bitcoin calmly if it is necessary to exchange it for fiat, and he changes it without any regrets. I rather relate to the third point: I don’t make an icon out of Bitcoin; I don’t save to my own detriment, hoping that someday I will be able to get rich. I don't think that Satoshi created Bitcoin so that everyone around him would constantly say that it could not be sold. Some simply overexpose their holding, and at the right time sell themselves to their detriment.
Therefore, you do not need to be fanatical about everything; sometimes life ends faster than someone thinks of becoming rich.
Live here and now.

[Obari]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why so people hold rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

Agreed. I noticed it too for quite some time and that mentality is pretty common and easily instilled amongst the newbies. Somehow the pros and the veterans aren't so much indoctrinated by said notion. Then again for me it's all a matter of capacity really. If you think you can still carry on holding coins despite the bear market, then by all means hold them til the bull market comes around. But if you greatly depend on the value of those coins you own then I highly suggest you pull out some, or maybe even all of it if ever. After all the not losing is still winning, and in this case we have to mitigate the losses you incur which will only be possible if you pull your coins out at an opportune time.

I'm glad you got my points very well senior and most persons responded to the thread even without being rational but rather were so sentimental with their decision.
I've always been on the opinion than we always use stop losses and watch our profit til it gets to a satisfactory point to is before selling rather than in bit to follow thread to hold, we could sell or swap to usdt when the bear market comes and be willing to buy it back at the end of the bear market by so doing, one will be able to save thyself from the emotional stress associated with tye bear market.
The only difference Bitcoin has with altcoins is the fact that Bitcoin can reach a 0.00(zero) price while altcoins and easily loss all it's value and I guess alot of people are getting the concept of holding wrong.

Live here and now.

I totally support this very ending phrase and I've been relating to this phrase when talking to people because I got to be in a recent discussion with some group of friends And i came to realize that some persons actually do investment not because they really wanted to be because they don't want to look odd and most times I see them lacking basic things even when I know they have some nice amount in their portfolio and when I advise them to sell some and sort their problems, they see me as a wrong person and feel I'm against them.
For me I save and invest money with hopes that it saves me when the need be and not because I got others doing it.

[KingsDen]

So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

If you have read I AM HODLING , you will appreciate the essence of hodling and why the topic creator made the topic.

The topic creator said he wasn't a trader and was not good at detecting when the market will rise or fall. While traders who know their charts can easily get in and out and make profits. He decided to hold his coins such that even if the market falls, it will still rise again and give him some profits.

So, if you don't know when the market goes up or down, don't gamble. Hold till there is a good profit and you can sell.

[mvdheuvel1983]

So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

Holding for me is profitable. However, I won't hold if it crashes to 90%. Thank goodness the market is showing some improvements. I do not plan on holding forever. When it reaches a price that I have set for myself,
I will take out a small percentage and maybe buy a car or do something nice for myself with it. I already have some sort of plan in me with holding. Whatever it is the plan is to take profit.

[Easteregg69]

Selling it is what you do at some stage. It's ok.

I use it for trading. Not holding besides what I get in dividends. Anyways, Here's a trick for the technically minded:

WBTC/USD>Unisvap v3 LP Position. Scrape fee's in both dollars and wbtc. Hold, buy and sell all in one package.

Kind regards.

[Inwestour]

It depends on each people decision, as long as they have a reason and purpose to sell their coins e.g. need a lot money in hurry for health issue etc, it's completely fine. But for those people who sold their coins because they're worried if the price will drop and can't make new ATH, it's really not advisable since it just proving if they're weak hands and no have any reason to sell their coins.

Sooner or later they will regret when Bitcoin price increase while they're already sold their coins.

If the situation forces to sell and this is the only way to find money, then in this case you need to sell. But if you sell it now, for such a goal, to buy cheaper later, then it is too risky game, because the price can continue to move up.

Such a scenario seems less likely to me, but it also cannot be ruled out. Do not take risks, this risk is not justified, selling at the bottom this is always a bad idea.

[Kelvinid]

So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

In this crypto world, you as a holder can decide what you gonna do with your Bitcoin. But if you asked why people HOLD their Bitcoin? That is probably because they have something wanted to achieve. As for long-term holders, selling is just an option for them, they might be in need of money for some emergencies or they already get what they want.

In this volatile market, holding is necessary. You could only understand if you are already in the position. Buy, hold, and Sell - I guess you are familiar with this strategy.

[nara1892]

~ Do people hodl just because others are HODLing?

I'm not doing it on someone else's basis and I don't feel like anyone can be a role model for hodl because this is based on my own will with the thought that buying with the current DCA and keep adding to the portfolio and keep hodl until the desired target occurs then let go of things that.

~ Why do people hodl rather than sell and buy again when low

It's not really a problem to do this, but sometimes things like this can be a little anxious because we don't even know what will happen in the future, like even if we master technical analysis, nothing is certain there, so there are still many people who are still stick with their hold.

~ What is your major reason for HODLing and how do your survive the bear market?

As simple as I wrote before, why I hodling is because I haven't reached the target I want. if I'm already in my target then of course I will stop there because what's the point of continuing to hodling if we have got the profit target we want.

[Adbitco]

We have types of investment structures, your subscription might not be same as others but one thing for sure is they knows when best and suitable for them to sell. One thing I mostly noticed about people is that, they often sells when needed fiat to sort out physical problems before you could see someone selling off his assets.
Others may want long time investment according to how they may planned their subscription to either 2 years, or 5 years believing that the price would get doubled the cost price, previewing from the past years which they believe there are better days ahead of just making short time.
Some others persons just as you said or like you can either chose to utilize every single opportunities in bitcoin changes in price, e.g., buying at 20k and selling 21k which is known to be scalping, get one thing in mind that not everyone would have all this time to be buying and selling, most of the investors are workers who do not have time to look over bitcoin prices at every given time rather they are working on their investment plan or subscription.
So it's a self decision on what exactly you want to do with your funds, we both might not have same thing in mind to do. So hold is not bad and selling is not bad as well it all depends on how we sees it.
Do not make a double reply... Rather you can quote everyone you wish to, your post might got deleted by mod due frequent reply without waiting for another to post.

[bounceback]

Many people hold because so far holding has been proven to be able to provide greater returns and even holding can reduce the risk of volatility in market price movements, but this is not recommended for us to apply to all cryptocurrencies, only bitcoin is the only coin we believe can survive in a anything and even in the future it is possible that bitcoin will also have a higher value because if we see its adoption continues to increase every year, then I'm not surprised that so far many investors have continued to hold their bitcoins.

[Popkon6]

Surviving this bear market is very difficult.  Those who have invested in the past are always exhausted and often on the verge of extinction.  Bitcoin holdings basically have to survive trading in this bear market.  Opportunistically buy bitcoins and sell when the price rises.  If there is some partial dividend or benefit we feel successful in trading it.  So in this bear market it is best to invest some amount of assets for long term. 
And keeping some assets for trading can certainly help us survive this bear market.

[Pierre 2]

Honestly I love Bitcoin. I owe great deal of my current life to bitcoin and satoshi. But I also agree that we shouldn't behave like Bitcoin is a prophet. I am personally hodler type of crypto lover. I tend to buy bitcoin, put in in my cold wallet or send it to my binance earn account. That's what I do in general. But I always feel bad when I need to sell some Bitcoin. But as OP said there is no shame about trading your bitcoin for better position in market. Last bear run could really damage your financial situation. I personally exited after bitcoin crashed like twice and not regretted. I will come back this year anyways. Selling is not abandoning.

[len01]

~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

everyone who holds the bitcoin they have must have a definite reason and purpose, and one of the absolute goals is profit.
those who stay hold onto bitcoin when buying in a bear season and they always buy and collect while the price is cheap and hold on until the bulls come and sell it again. and the reason is still the same "advantage"

as I said at the beginning if the reason for holding is future profits. because we all know that holding bitcoin is not a useless thing but it is very profitable if you buy it in the bearish season and hold it until the bullish hits the market.
surviving in bearish times is very easy but not everyone can do it. for myself, choose to survive and always buy with DCA and I collect until the right time to sell it. no matter what happens to the market but my goal is just to hold until the bulls arrive.

[SOKO-DEKE]

~ Do people hodl just because others are HODLing?

I don't think they all do that because of others but I believe many people will surely copy others people habits in crypto market because they believe in others idea.but know that many people are holding Bitcoin because they believe it worth holding for future due to their research or experience they had in past that it may be expensive

~ Why do people hodl rather than sell and buy again when low

As for me I believe in holding than selling because I am not good in timing market, so i found it too hard to know when to reenter market when sell my Bitcoin and again I believe even if I sell my Bitcoin I have nothing to do with the money rather than buying again, so i always decide to continue holding it.

~ What is your major reason for HODLing and how do your survive the bear market?

My reason for holding Bitcoin is that I believe much in holding it for future than doing short trading. I will always survive bear market by holding because I believe batter thing will happen after bear market.

[xSkylarx]

Honestly I love Bitcoin. I owe great deal of my current life to bitcoin and satoshi. But I also agree that we shouldn't behave like Bitcoin is a prophet. I am personally hodler type of crypto lover. I tend to buy bitcoin, put in in my cold wallet or send it to my binance earn account. That's what I do in general. But I always feel bad when I need to sell some Bitcoin. But as OP said there is no shame about trading your bitcoin for better position in market. Last bear run could really damage your financial situation. I personally exited after bitcoin crashed like twice and not regretted. I will come back this year anyways. Selling is not abandoning.

Others would overthink when they sold their bitcoin it is some sort of quit or end of their journey to bitcoin. Well that is the start as for sure you will be buying it again, it doesn't mean you sell it you won't be coming back it is just you need money or the profit on it for sure you will be investing back if you have spare money or if you saved money. Ive been saving right now to buy more as I hold just a small amount to be ready for the next halving, I am hoping that the price will reach the moon lol.

[jokers10]

Many people hold because so far holding has been proven to be able to provide greater returns and even holding can reduce the risk of volatility in market price movements, but this is not recommended for us to apply to all cryptocurrencies, only bitcoin is the only coin we believe can survive in a anything and even in the future it is possible that bitcoin will also have a higher value because if we see its adoption continues to increase every year, then I'm not surprised that so far many investors have continued to hold their bitcoins.

Yeap, if you have enough fiat money for current expenses and want to have savings for the future why ho spend a deflationary asset? If you are not good in trading it is better to buy some more bitcoin at the bear market and then hold until you'll need it someday in the future. It's not an irreproachable way of investing and not suitable for everyone but good enough for those who have some free money and want to hold some crypto.

[m2017]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?

This would be a very strange tactic to behave: buy when others are buying, sell when others are selling. The well-known rule says that you need to act against the market.

In investments, one should not follow the examples of others, but should stick to your strategies and implement their plans.

~ Why do people hodl rather than sell and buy again when low

One of the reasons may be the fear that the price will drop even lower. It's hard to stay cool when the market is down and your money is running out. Therefore, many wait and watch what happens next.

Another reason may be the banal lack of free funds for the purchase. Since many buy at peaks, especially beginners.

~ What is your major reason for HODLing and how do your survive the bear market?

The main reason can be called the fact that all the most interesting is still ahead and bitcoin is able to surprise very much.

[rby]

It is OK to sell your bitcoin.  Bitcoin is a currency and one attribute of a currency is its ability to be acquired and spent. So you shouldn't feel bad when spending your bitcoin. If everyone keep holding. The currency purpose of bitcoin will be defeated.
Sell high and buy low can get you extra profit while having your money (bitcoin)

[crwth]

Everything you have mentioned and asked for has been answered many times in different threads. So you need to search for it. Well, for sure, there are other answers because of different perspectives of people and the different statuses that we have with different people, so they would react differently with how they will use their BTC if they have any.

- People are pretty imitators or copycats. Sometimes they are also peer pressured to do something, which could be why they HODL.
- People HODL because they don't need or don't want to follow the market prices and believe they would have their ROI in the long term.
- I'm HODLing because I believe in BTC and how I'm going to survive is that I make sure I have my finances in check. Understand and know where your money is going, and you can sense what you should do with your money. Hence you would be safe with bear markets.

I would still want to give my opinion on this. It's just how I see this thread.

[Franctoshi]

So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

Want to let you understand something here, we have different reasons for coming to invest in Bitcoin , some people buy Bitcoin for long term gains, basically to sell in 2,4-10 years to come base on what they know and believe about Bitcoin, while some buy for short term gains, that's those that shorts and long Bitcoin a long the line for short term profits.

Therefore, this whole thing about HODLing is just depends on what you want to do because the funds is yours.
There is a saying that the patient dog eats the fastest bone , Therefore If you are patient with Bitcoin you definitely gonna benefit in the end, because the most patient investors has always come out with there various success stories with Bitcoin.

[coinerer]

~ Do people hodl just because others are HODLing?

Everyone holds for his personal purpose.  Some hold through their personal analysis and some hold according to the advice of an expert.  Many people hole because others are holding

~ Why do people hodl rather than sell and buy again when low

No one can tell the actual future of cryptocurrency and no one can guarantee it, so many people are afraid to sell bitcoins because after selling, if the price of bitcoins goes up instead of going down, then they will face a loss. Many people think of a specific time when buying that they will not sell their bitcoins before that time. I think that's what happens

~ What is your major reason for HODLing and how do your survive the bear market?

A common reason for everyone to hold is to make a profit.  That is exactly my intention 

[virasog]

Many people hold because so far holding has been proven to be able to provide greater returns and even holding can reduce the risk of volatility in market price movements, but this is not recommended for us to apply to all cryptocurrencies, only bitcoin is the only coin we believe can survive in a anything and even in the future it is possible that bitcoin will also have a higher value because if we see its adoption continues to increase every year, then I'm not surprised that so far many investors have continued to hold their bitcoins.

Holding is good and it is taught to us that we should hold bitcoin and never sell it. From the last two bull market and bear market, i have learnt one thing. There is no point holding in bull market. It's better to sell bitcoin near the all time high prices (after the halving) and later buy back bitcoin when prices are almost 80% down.

Also, some may argue that we do not know the exact top and exact bottom, but the solution for this is to keeping selling in parts in the bull market and keeping doing DCA in bear market.

[TheUltraElite]

One thing I can say for myself, apart from bitrefill there are no other easy to use options for spending bitcoin even if I want to. Monthly a specific spending on bitrefill for groceries and phone topups to keep the fiat balance intact is the maximal I can do.

I would say that instead of wasting the money on exchanges to buy shitcoins or gambling it away, holding is one good option if spending them directly is not possible. Giftcards are a good avenue to spend, but we need better streamlined services soon.

Truly only hodling would not yield the same level of profit as buying back after selling and then cycling the money does.

[Erumo]

It is ok to sell Bitcoin. It is ok to buy Bitcoin. It is ok to trade, it makes Bitcoin more healthy. I am holding my, because I dont have many. Selling it wont change much. I am trying to obtain as much as possible and I think I would hold until Bitcoin price hits 1 million USD.

Today, on January 18 2023, Bitcoin cost about 21k. Even if tomorrow it would cost 42k, I will still hold. Even if the price changes to 100k, I will still hold. If the price makes such huge changes, then it shows that I am doing right thing when I hold, coz a million is not far away or is achievable after all.

[salad daging]

So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

Everyone doesn't have the same feelings with Hodl let alone follow other people, of course they have different targets why do Hodl instead of selling it, it's clear from what is invested is for long term hodl as a plan from them with the target.

Because they already have a principle why stick with bitcoin and buy at a low price, obviously this is an opportunity for them to buy and survive for a certain time of 5-10 years, why do that because we have a goal that the price of bitcoin can be even higher if we hold for a long time, there has even been a lot of speculation about bitcoin to 100k is not impossible because bitcoin increases in the cycle that has been through it.

If the third point asks me why HODLing: Because I can survive in a bear market because I can cover my family's needs, so my finances don't always rely on crypto income but I still run a business that can cover my needs to reach so I can still HODLing and survive the bear market.

[The Cryptovator]

Hold for life, not for a lifetime, as I always say. What are the benefits of holding assets if you can't make money from them? When I'm holding my wallet, it's my coin. I can sell when I believe it is necessary. I frequently sell my holdings when I make a good profit or when I need cash immediately. Of course, I buyback when I have extra cash and also dipping. This is the standard I use for my holding. Everyone would have a different perspective on their holding; it would not be the same for all holders.

[ChiBitCTy]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

There is absolutely nothing wrong with selling bitcoin.  In my opinion, for bitcoin to succeed bitcoin must be able to be used as a means of transacting, ie money.  I understand there are a lot of people that believe in bitcoin just being a store of value but I find that to be faulty thinking, personally. 

Yes people "hodl" just because others say to do so, but I think most people who hold their btc do so because they think it's going to increase in value, even those who know nothing about bitcoin. 

I think a lot of people who hodl do so because they really understand bitcoin, and its potential.

[Rockstarguy]

It is not bad selling bitcoin and everyone has the right to sell his /her bitcoin, but it is better to sell bitcoin always at the right Time. Some people sell their bitcoin because of how the market is volatile they become panic and sell at lose. The better way to sell bitcoin is when atleast the bitcoin yield some profits , investing bitcoin is all about hodling that is why people needs to learn when is the right time to sell to make profit and not to sell and be at lost because of fear for the market.

[DeathAngel]

HODLING forever is silly, what’s the point HODLING if you can’t enjoy some of your profits & be rewarded for your ultimate patience & dedication. It’s tough during a bear market but I would never advocate selling then. That is your time to buy.

You should sell some when we are riding highs & in a bull market. Don’t sell & waste it though, put money down for a house, pay off debt. Do not buy deprecative assets. Be smart, I wish you good luck.

[mirakal]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

You've been here in this space for quite some time already, right? If so, I really do think you that already figured out the answers to your questions OP, you just don't acknowledge the answers yourself because you are only inclined to buy low and sell high. Just try to see the whole picture sometimes that buying low and selling high is not the only way to get profits.

[Natalim]

HODLING forever is silly, what’s the point HODLING if you can’t enjoy some of your profits & be rewarded for your ultimate patience & dedication. It’s tough during a bear market but I would never advocate selling then. That is your time to buy.

You should sell some when we are riding highs & in a bull market. Don’t sell & waste it though, put money down for a house, pay off debt. Do not buy deprecative assets. Be smart, I wish you good luck.

I often hold them during the bear season but sell them when I already gain profit. Perhaps, it was not enjoyable anymore if we keep holding the whole life.
They are just an option as an investor but for me, I preferred not to hold always but rather take some time to sell. In this way, I was still able to earn some profit despite the bearing situation, in fact, having $100 in a month of doing this is not possible and it was a big help to our daily needs. We take every opportunity to earn which somehow could be missed when we are just holding.

[doomloop]

Others would overthink when they sold their bitcoin it is some sort of quit or end of their journey to bitcoin. Well that is the start as for sure you will be buying it again, it doesn't mean you sell it you won't be coming back it is just you need money or the profit on it for sure you will be investing back if you have spare money or if you saved money. Ive been saving right now to buy more as I hold just a small amount to be ready for the next halving, I am hoping that the price will reach the moon lol.

They can always rebuy it again and they shouldn't think it's the end because the value of BTC can go down again. Having this said, we must sell our BTC before it happens or if our main priority is to invest. We can only sell small amounts if we think hodling BTC is more better to do. Having a fiat on hand can be a good thing to avoid using out BTC in case of emergencies.

This should be separated from the fiats that is also intended for buying more coins once the value of BTC drops. The price can go to the moon but I am not sure if will occur this upcoming halving but halving could do some contributions since it halves the supply of the coin making it more scarce.

[alastantiger]

What is your major reason for HODLing and how do your survive the bear market?

My major reason for Holding is because it is the only option I have. My major reason for holding is because I have to proof the doubters and naysayers who kept sending me the news headlines and links during the market crash wrong. My bitcoin is worth something and they will see it. The price of bitcoin rose from $17k to $20k and I like how it has reflected in my balance. No, I won't hold forever. I will take profit at some point but I won't chicken out now.

[qwertyup23]

So my question is:
~ Do people hodl just because others are HODLing?

This depends on the goal of that person. Generally, people would HODL since they see the advantage and the value of BTC skyrocketing in the future. Though there are also some cases where people HODL due to the majority trend of most people in this space. But realistically speaking, people HODL due to that hope and possibility of making large amounts of profit in the end.

~ Why do people hodl rather than sell and buy again when low

Maybe some people are not accustomed to the buy/sell aspect but again, it all boils down to the personal preference of these people. Buying and selling may seem rather inconvenient especially if the difference in the price is somehow minimal.

~ What is your major reason for HODLing and how do your survive the bear market?

Personally, the major reason on why I HODL is due to the possibility of the price of BTC skyrocketing. My best basis and example is its price history index. The fact that it reached an ATH of $60,000 last year means that there is that possibility of reaching that price again in the market.

[Jody.Drummer]

HODLING forever is silly, what’s the point HODLING if you can’t enjoy some of your profits & be rewarded for your ultimate patience & dedication. It’s tough during a bear market but I would never advocate selling then. That is your time to buy.

You should sell some when we are riding highs & in a bull market. Don’t sell & waste it though, put money down for a house, pay off debt. Do not buy deprecative assets. Be smart, I wish you good luck.

We must be aware that what is our purpose for holding. The Hodling condition, of course, we know that this is to get more profit from the investment that we are currently running, while when we have received a profit that is in accordance with the target we are aiming for, why continue to be a hodler because our goal has been achieved.
Even though bitcoin is promising, of course we won't be here until the end, regardless of anything, we have to realize that this is only an asset to support our future.

[AicecreaME]

~ Do people hodl just because others are HODLing?

Maybe, or it's because it's the only way they can think of to maximize their profit in the long run.

~ Why do people hodl rather than sell and buy again when low

Not all of the people in the cryptocurrency world are good traders, so they always choose to stay in the safe zone rather than trying to trade their Bitcoin.

~ What is your major reason for HODLing and how do your survive the bear market?

Well, I'm not a good trader, so I do trading only whenever I feel to do so or I'm in the zone. So most of the time all I do is buying the dip and holding for as long as I can in this kind of market. Patient is the key actually if you want bigger profit in holding.

[Pesona1]

I think maybe holding is an alternative to selling at this time, many of you might not be honest in expressing it, but I believe that most of us here are holding because we are stuck buying at the highest price, so we inevitably make holding as a way to return or get a profit when the price returns high later and that is also my main reason for holding, I think if anyone here says holding is to get big profits in my opinion that is bullshit, because if you really want to get profits of course short trading  is clearly more promising when the market is uncertain as it is today.

[LittleBitFunny]

What is your major reason for HODLing and how do your survive the bear market?

My major reason for Holding is because it is the only option I have. My major reason for holding is because I have to proof the doubters and naysayers who kept sending me the news headlines and links during the market crash wrong. My bitcoin is worth something and they will see it. The price of bitcoin rose from $17k to $20k and I like how it has reflected in my balance. No, I won't hold forever. I will take profit at some point but I won't chicken out now.

Do you hold bitcoins just to prove someone wrong about bitcoins? Are you investing for yourself or others? I really don't believe that.

All holders probably because they have no other choice because buy bitcoin at a higher price, or people who have faith in bitcoin, they hold it in the hope of making a good profit when bitcoin recovers and increase the price again. And that's the goal of everyone here, not just you.
Bitcoin is a tool for us to make profit, so if we hold it forever without selling, it will be useless. A good investment is when it gives us a profit. I have accumulated some bitcoins, and I will definitely sell them in the next bull season.

[Gallar]

the mentality of every investor is of course different, all of them have their own characteristics.
and they have their own way to go.
basically all bitcoin investors have the same goal, they definitely want to profit. but there are those who choose the long term, there are also those who choose the short term, and all are right, nothing is wrong.
the difference may only be in the benefits obtained.

[Altcoinsintel]

Of course, it is ok to sell buy or do whatever you want. This is your money. Nobody said you shouldn't sell or buy.
Yet, you make a sell claim at a price that appears to be the bottom. Sure it can go down a lot more, but the odds suggest your advice to sell right now is terrible.
What is the reason for writing this? You had these thoughts in you for quite a while and thought of spitting them out AFTER Bitcoin dropped by 75%?

[Bitcoin_people]

I think most of the markets in the current market are always dumping, if there is a small increase then the market goes down just like before. But still people are not different from investing they think it is better to invest with their confidence and hold. When the market price of Bitcoin falls, they don't sell it, but buy it again with other money and hold it. and they later sell when the price of bitcoin increases, they profit by training.  And there are some investors who buy and hold Bitcoin for the long term and have a different plan. those who hold patiently for long periods of time have been seen to make big bucks at times. Those investors keep reinvesting even in bear markets without giving them money.

[$crypto$]

HODLING forever is silly, what’s the point HODLING if you can’t enjoy some of your profits & be rewarded for your ultimate patience & dedication. It’s tough during a bear market but I would never advocate selling then. That is your time to buy.

You should sell some when we are riding highs & in a bull market. Don’t sell & waste it though, put money down for a house, pay off debt. Do not buy deprecative assets. Be smart, I wish you good luck.

It is clear from the word HODLING that we must enjoy the benefits that we have been waiting for a long time, while there is an opportunity that is profitable, we can sell and enjoy the results. There must be a time, but not now. bearish is not worth selling our assets from low prices needs to persist until we can see a sizeable return.
But I believe that from them HODLING is for a certain period I think he has to understand not to follow a path that is not good, we have to see the process that actually becomes real with bitcoin.

[Iroh]

So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

In my opinion, Your questions are valid and I particularly liked your topic head. It’s okay to sell your bitcoin.
A whole lot of people, especially newbies on the forum might be swayed by people’s opinions and comments on the need to hold your bitcoin. So I think your questions are important.
Obviously, holding onto your coins in the long run would become very profitable as the market price of bitcoin would only increase in the coming years. But it’s okay to sell or swap your bitcoin for fiat to take care of anything that needs to be taken care of.

[BITCOIN4X]

HODLING forever is silly, what’s the point HODLING if you can’t enjoy some of your profits & be rewarded for your ultimate patience & dedication. It’s tough during a bear market but I would never advocate selling then. That is your time to buy.

You should sell some when we are riding highs & in a bull market. Don’t sell & waste it though, put money down for a house, pay off debt. Do not buy deprecative assets. Be smart, I wish you good luck.

Of course we need to cash in on the profits, enjoy them, make our families and our children happy and whoever we can make happy. I tend to think that it is possible for a business to grow with a return on investment returns instead of wasting it on non-essentials, it's like opening a new business or maybe growing an old business.

Hold forever is useless for us, but maybe it will be useful for our next generation. This is rare to think about because basically most of us really want to enjoy life and get pleasure from our success so far.

[Obari]

Whether to sell your bitcoin or not need to be decided by the owner. Bitcoin at the present market situation have bounced and users who wants to make some profit can sell it and wait for the opportunity to buy back when there is minor drops. This is quite risky at the moment as the market could make any unexpected move in no time. People mostly prefer to hold their accumulated bitcoins at these kind of market situations. Even now it looks like the market to accumulate than selling.

You're right senior and I couldn't agree any less with you but the issues I have with people is that fact that people make it seem like selling ones coin especially when they're truly in need of is wrong and that's a very bad motion to instill in people especially newbies.
I've always also been on the opinion that people should go ahead to sell their possession if they feel the need to do so without having to look at others or considering what others might think of them.
I don't encourage selling at a loss but rather selling whenever you feel ok with the profit .

[tjtonmoy]

~ Do people hodl just because others are HODLing?

I think they HODL because they see the potential in BTC for what it holds for the future. And also their invested assets are meant for long term investment plan. And they also know that they should only invest what they could afford to lose. So regardless the market condition, they can keep HODLing.

~ Why do people hodl rather than sell and buy again when low

As I mentioned. They are using their assets for long term HODLing. So they keep on doing that while does other trades with other assets they possess. Creating a separate funds for different investment could help you manage your assets a lot easy. If you lose in one way, be sure to cover up your losses with other profits.

~ What is your major reason for HODLing and how do your survive the bear market?

Not any particular reason. I'm just too lazy to go and sit there hours after hours doing trades. So I just buy the crypto and forget about it. It's like a frog going for a sleep in the winter. It is called the crypto winter, then why shouldn't I become the frog?
And the best thing to survive the crypto winter, if you are not a frog like me, is to DCA. DCA is the best option when you are in a bear market, and you want to keep your value the same while increasing your assets.  

Other people may have other opinion, but this is what I should do in these scenarios.

[Oilacris]

I think most of the markets in the current market are always dumping, if there is a small increase then the market goes down just like before. But still people are not different from investing they think it is better to invest with their confidence and hold. When the market price of Bitcoin falls, they don't sell it, but buy it again with other money and hold it. and they later sell when the price of bitcoin increases, they profit by training.  And there are some investors who buy and hold Bitcoin for the long term and have a different plan. those who hold patiently for long periods of time have been seen to make big bucks at times. Those investors keep reinvesting even in bear markets without giving them money.

Dumping and pumping which these are the most common things that you would really be experiencing when dealing up with markets whether in forex,stocks or cryptocurrencies on which this would really

be a common scenario or condition that you would really be able to face on.Selling out your coins or not would be entirely be depending on you whether you do go for long term or would really be going

for short term.Its up to someones choice because we are the ones in full control of our assets.It is really just there are situation which cant be avoided for you to sell out
basing on various conditions or situations.

[trendcoin]

Selling Bitcoin to buy more Bitcoins is the right action, but in general this is not easy to achieve as the movements in bull seasons are very rough. Last bull season, I tried to achieve this. My portfolio has never seen a negative balance, but I certainly haven't made as much money as those who just hold. In addition, I followed prices for days and did fine-grained technical analysis. Those who just hodl made more money than I did with less effort.

[lienfaye]

~ Do people hodl just because others are HODLing?

We have our own reasoning why we're holding, and probably one of the main reason is to profit in the future. However you should not hold just because you want to copy what others are doing. But hold because you understand what Bitcoin is and its potential.

~ Why do people hodl rather than sell and buy again when low

Because many believe holding for long term is profitable. If you track the past history you'll understand why.

~ What is your major reason for HODLing and how do your survive the bear market?

I believe holding Bitcoin is a wise decision to be a huge gainer. I plan to hold for long term, that's why even the price is decreasing it doesn't bother me since i'm more optimistic of what future holds.

[xSkylarx]

Whether to sell your bitcoin or not need to be decided by the owner. Bitcoin at the present market situation have bounced and users who wants to make some profit can sell it and wait for the opportunity to buy back when there is minor drops. This is quite risky at the moment as the market could make any unexpected move in no time. People mostly prefer to hold their accumulated bitcoins at these kind of market situations. Even now it looks like the market to accumulate than selling.

You're right senior and I couldn't agree any less with you but the issues I have with people is that fact that people make it seem like selling ones coin especially when they're truly in need of is wrong and that's a very bad motion to instill in people especially newbies.
I've always also been on the opinion that people should go ahead to sell their possession if they feel the need to do so without having to look at others or considering what others might think of them.
I don't encourage selling at a loss but rather selling whenever you feel ok with the profit .

There is nothing in selling bitcoin as long as you need the money because you have  a purpose and not just to buy things that unnecessary. Dont get discouraged that you sell it because it gives you another chance to buy again depending on the price and also you've get another profit. But gain people who sold it earlier that supposed to will see the price and thinking that they should sell late because they earn more profit which is not wrong as it is normal as we are human but it is also call greed which we should refrain doing it

[Andrew1788]

It's not worth selling now, it's going up!

[borovichok]

Selling Bitcoin to buy more Bitcoins is the right action, but in general this is not easy to achieve as the movements in bull seasons are very rough. Last bull season, I tried to achieve this. My portfolio has never seen a negative balance, but I certainly haven't made as much money as those who just hold. In addition, I followed prices for days and did fine-grained technical analysis. Those who just hodl made more money than I did with less effort.

Selling and buying back Bitcoin during the bear market and sell it when the bull season comes, is good strategy for profits. Bagging bitcoin during the bear season is the best entry to enter but not always right. Assuming buying Bitcoin at $50k, hoping that it will pumped back, but it keep dipping and cause either lose or liquidation of trading account. Not always profitable when buying bitcoin in the bear market, but in most cases, profits is the ultimate target. Technical analysis also pave way to gaining more profits in the market.

[Japinat]

Selling Bitcoin to buy more Bitcoins is the right action, but in general this is not easy to achieve as the movements in bull seasons are very rough. Last bull season, I tried to achieve this. My portfolio has never seen a negative balance, but I certainly haven't made as much money as those who just hold. In addition, I followed prices for days and did fine-grained technical analysis. Those who just hodl made more money than I did with less effort.

Most of the time, you can never chase the ones who are looking to hodl for a long-term because even if you turn the world upside down, you're still behind them and that's for a fact except if you got more capital than most of the investors who are already hodling for years ahead but, the thing is, their profits is still bigger because their capital isn't that huge. Buying low while selling high is just often used by short-term hodlers and traders.

[Bushdark]

It all different from our various perspectives of how we interpret the market. There are some persons that are in the market to buy and sell making small small profits which they are okay with and there are persons that comes to the market to buy and hold for a range of time. We have the big investors and the small scale investors who are not interested in marking big profits from the market.

They are very comfortable with the little they are making from buying and sell.
Soem persons choose to hold for a long period of time than other persons that always like to sell there holdings with little profits and buy again.

[bitgolden]

Selling Bitcoin to buy more Bitcoins is the right action, but in general this is not easy to achieve as the movements in bull seasons are very rough. Last bull season, I tried to achieve this. My portfolio has never seen a negative balance, but I certainly haven't made as much money as those who just hold. In addition, I followed prices for days and did fine-grained technical analysis. Those who just hodl made more money than I did with less effort.

Most of the time, you can never chase the ones who are looking to hodl for a long-term because even if you turn the world upside down, you're still behind them and that's for a fact except if you got more capital than most of the investors who are already hodling for years ahead but, the thing is, their profits is still bigger because their capital isn't that huge. Buying low while selling high is just often used by short-term hodlers and traders.

I do something similar, I just keep buying every single month when I get my salary and I am not "that" rich, sure I am doing fine, and I am not having hard time living, but I can't just get a plane ticket and go to another nation for example, that would be way way way out of my reach, whereas there are millions of people who could do that, and I can't, because I live in a poor nation.

But, it is true that the percentage of how much I profited so far in the crypto world is a lot, I haven't made a lot in amount, but I made a lot in % because I have invested for a while now. This is why it's quite important to remember that you should be working towards being richer than your old self, not someone else.

[bnbstorm]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

1. People hodl Bitcoin because they believe it is better than fiat. Fiat value is drastically drowning every year and people are converting to Bitcoin due to its limited supply.
2. People cannot sell and buy again because their buy price is usually higher than their selling price. They can definetely buy on lower prices later but there are chances that market never see that prices so they do not want to take risks.
3. I hodl because I believe Bitcoin is an escape from traditional banking system. I survive by working on other projects and try to not spend my bitcoins below buy price.

[Lillominato89]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

I believe that every Bitcoin investor must be free to choose what to do with their money, I agree with you that one of the best strategies is to buy low and sell high, but it's also quite a risky strategy! maybe someone enters at a certain price thinking it was a good price and then sees the price collapse and immediately lose money! therefore holdare is also a more conservative strategy! maybe there are those who also opt to make DCAs and reduce the average purchase price by buying downwards! there are many strategies and everyone opts for the one that suits them best

[Vaskiy]

Selling bitcoin is upto the users. Different users have different calculations as well as different market prediction. The expectation and the reality won't make a coincidence with majority of the users. Good is to make use of every opportunity to make little profit out of the fluctuations unlike the market trend. If your good enough and satisfied with the price at which its been bought and the present selling price, then it is good to sell.

[Ebede]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

People buy bitcoin and a separate come because of their target so buying bitcoin low and sell high depends on the kind of investment you are running if you are into short-term investment you can sell bitcoin when it have a little difference profit then when you are into long-term investment you will say we are going when it is in bullish market not in the Irish market so that is the difference many people hold their come for years in order to make a good profit but short-term investors does not hold their coin so that they can go back to market and get another car so they are looking for a minor profit for the investment not a mega profit

[TribalBob]

the main reason I'm holding is, I believe in the coin that I choose to invest in will provide profits in the future, and the coin does have good potential too where the coin already has a clear history and has been tested in several years so that it can be said to be safe for invested in the long term

[Fatunad]

~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

-It does vary because if you do hodl then you do able to see that Bitcoin or other coins does have that potential.
-You wont loss nothing as long you dont sell or close up your  position but instead you could really make out some DCA or accumulating while it is getting into the bottom which would really be
increasing up your holdings and this thing is a must if you are really that going for long term with  Bitcoin.
-Dont make yourself that checking too much about market movement or condition so that you wont really be that emotionally impulsive because if you do, then you would
really be having the high potential or possibility that you would be altering out your decisions.

[nimogsm]

I will try to answer all the points at once.Bitcoin is one of the ways to store your funds for many, besides, over the years in the industry it has become like a hobby, so there is no desire to sell your savings.But at one point when the price reaches the desired maximum,I would calmly sell all my stocks and start saving again.

[milewilda]

Selling or not which it would really be depending on you because you are the ones who do have the full decision whether you would be holding for long term or would be tending to make out some short trading and trying out to accumulate as much as you could but this is something that is really hard to deal with due to volatility.It doesnt make any sense that you are really that relying or basing up with others decisions which if they hold then you do hold to? Stick with your own and dont be that reliant into others calls and investment decisions because you could make one for yourself and find out which is really that worth and which is something
that you could be able to hold or do through.

[Stella Mese]

the main reason I'm holding is, I believe in the coin that I choose to invest in will provide profits in the future, and the coin does have good potential too where the coin already has a clear history and has been tested in several years so that it can be said to be safe for invested in the long term

I also think so, because for long-term investment, of course, it will provide different satisfaction.

so sometimes after being sold but seeing the price soar even higher ends up buying again, and that can result in a fatal mistake.
so the bear market is a moment to buy and simultaneously hold for a long time.

[BALIK]

~ Do people hodl just because others are HODLing?

I'm investing for myself, I'm not investing for anyone, so there's no reason for me to follow what others do. I have my own plan.

~ Why do people hodl rather than sell and buy again when low

I don't know why people hold, but for me, it's because I like bigger profits, and no one knows after we sell bitcoins, bitcoins will go up or down afterward. If bitcoin does not drop as expected, we will lose our chance to buy cheap bitcoin.

~ What is your major reason for HODLing and how do your survive the bear market?

Whether holding or trading, the ultimate goal is profit. I have multiple sources of income, and investing in bitcoin is idle money, so I can hold it for 5 years, and 10 years, I'm not too worried about my investment in the short term.

[nullama]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

Buying fiat with Bitcoin makes little sense to me.

But exchanging Bitcoin for another asset, like a house for example, is absolutely fine in my mind.

At the end of the day it's money, and people can do whatever they want with their money.

People hodling is basically people saving money for a future spending. That's how money works. Just that fiat makes that saving not as efficient as possible because it loses value over time through inflation.

[leonair]

~ Do people hodl just because others are HODLing?

A person who is intelligent and understands the benefits of holding and can do good analysis himself never holds because others hold.  He holds to his own purpose and plan

~ Why do people hodl rather than sell and buy again when low

When someone buys bitcoin at a high price but after investing the price starts to fall, he doesn't sell it and buy more when  low because he averages his purchase price so as not to face too much loss.

~ What is your major reason for HODLing and how do your survive the bear market?

The reason of all holdings is to achieve high quality profits. The only way to survive in a bear market is to hold strong without panicking and averaging the price by buying more bitcoins at lower prices if you can.

[jokers10]

Buying fiat with Bitcoin makes little sense to me.
...

There are not enough vendors accepting bitcoin to buy everything you want at the moment. So if you want to spend your bitcoins unfortunately you still usually need to use a some fiat currency intermediate. But if you talk about exchanging bitcoin to fiat not for specific purchase then I can only agree that see no sense choosing to change holding from bitcoin to fiat.

[Jatiluhung]

~ What is your major reason for HODLing and how do your survive the bear market?

To be honest, I was thinking about the same thing as you. and I think it's not wrong. because it's a choice for everyone. and I almost sold the bitcoins I have that I have been buying from since the price is $16K USD. I thought it would be a good idea to sell now and make a small profit and plan to buy it back when the price starts to drop again.

But I thought again and I just realized and remembered my initial intention to accumulate bitcoins.
that is for long term investment. and because I have my main income from my real job. and the money i use to invest in bitcoin is just the money i put aside from my paycheck. even beyond my savings. so I really don't need money to have to sell my bitcoins.
and that strengthened me again to return to my initial intention of investing for the long term. In fact, instead of selling, I'm even interested in adding to my purchases.
 however I think hodling are those who invest for the long term.

[nullama]

~snip~
There are not enough vendors accepting bitcoin to buy everything you want at the moment. So if you want to spend your bitcoins unfortunately you still usually need to use a some fiat currency intermediate. But if you talk about exchanging bitcoin to fiat not for specific purchase then I can only agree that see no sense choosing to change holding from bitcoin to fiat.

Yeah, for small amounts, day to day expenses in which is not possible to pay with Bitcoin, I'm wondering if it could be a good idea to have one of those prepaid cards that you topup with Bitcoin.

Basically that way you only sell exactly what you need when you need it, and don't have to be exchanging Bitcoin to fiat all the time manually.

I can see that as something useful. Not to have your whole savings, but to have lets say a week or a months expense worth there.

On the other hand I can see how simply exchanging fiat whenever you want to and keeping a fiat buffer might be a better idea.

[Davidvictorson]

~ What is your major reason for HODLing and how do your survive the bear market?

My main reason for hodling is that it gives me peace of mind. However, I do advise people who are interested in investing not to  invest a dime in Bitcoin until they have paid off all high interest debt and have multiple months' worth of living expenses saved in fiat for an emergency fund. This is the first rational step I took, and now I hold stress-free. Another thing I tell them is to ensure that they never sell at a loss should any exigency happen, say the loss of a job or illness.

[Negotiation]

For the crypto market to go up and down it is a good idea to sell coins when the price goes up and hold when the price goes down. Investing in bitcoin is a good long term investment alternatively, instead of scheduling a one on one meeting ahead of time, we can go to a local bitcoin meetup. There are a plethora of similar events around the world, where attendees can buy and trade bitcoin and other digital currencies. This is usually the safest setting for face to face communication it is the right time to hold as the price of bitcoin will go higher.

[SmartCharpa]

Yes, it's acceptable to sell your bitcoin when you've made a lot of profit. As for me, I buy bitcoin when the price drops and sell it when the price rises because we can't let the price fall on bitcoin when we've made a lot of profit lest we lose the money we've already earned. I may therefore sell bitcoin if the owner approves of the decision.

[Hyphen(-)]

I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry.

If the main goal of holding Bitcoin is to buy and sell immediately as the price rises, many early investors will be unable to keep their Bitcoin until today, and Bitcoin adoption will not have reached this stage because people will simply regard Bitcoin as a commodity that they will trade.

So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

Everyone has their own perspective on holding Bitcoin; some people are short-term investors who only buy Bitcoin to sell it after they have made a profit; they have no intention of holding Bitcoin for an extended period of time; I refer to those types of people as traders, not holders, because Bitcoin holders are people who hold Bitcoin for an extended period of time.

[Osama Maaz]

Selling Bitcoin in this bear market is not make any sense if you buy bitcoin for long-term and you believe this revolutionary technology ,
But you are a trader means you need only profits dont have interest in blockchain and come to this field for only making money so sell in parts and buy at supports in different prices that again you DCA your average buying below 20k then i guarantee that anyone will make easy profits in small moves .

[Jatiluhung]

Yes, it's acceptable to sell your bitcoin when you've made a lot of profit. As for me, I buy bitcoin when the price drops and sell it when the price rises because we can't let the price fall on bitcoin when we've made a lot of profit lest we lose the money we've already earned. I may therefore sell bitcoin if the owner approves of the decision.

If you buy bitcoin from a lower price, not for a long-term investment, then it's not wrong to sell it when you feel you have enough profit. because it means you are making a short or medium term investment. and that's normal. and some people also do that i.e. sell when the price starts to go up and buy back when the price goes down again. I do that in altcoins. But in bitcoin I prefer to hold it longer (long term) and be prepared to buy more when the price drops again.

[Franctoshi]

Another thing I tell them is to ensure that they never sell at a loss should any exigency happen, say the loss of a job or illness.

This is only if the Bitcoiner has other ways of settling such problem then I agree with you, but in situation such as illness, as they say health is wealth or lost of job where the the person has no place to get money to get himself out of such situations, then selling some Bitcoin to first sort yourself out isn't a bad idea, because these are part of reasons why we do investment in the first place, in order to have where we can dig hand to be able to get ourselves out of potential I'll situation like that.

[Henrobakkara]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

I agree with you but I see this in two folds. You are either a HODLER or a Day Trader but either way, I still agree to not hodlin forever while you could have sold at ATH for long-term HODLERs and buy back when the market must have dropped below -75% to -80% for me and repeat the process and for day traders which I am not good at, I believe traders should have their target price to take profits and use stop loss as you mentioned.
You would definitely have to sell at a point to maximize profits which is the essence of investment.

[Smartprofit]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

1. In my opinion, the main reason for the active use of the "hold" strategy is the history of Bitcoin.  For more than 10 years, the price of the first cryptocurrency has been constantly growing (with certain interruptions).  People who kept their coins for a long time increased their capital many times over. 

2. There are several reasons why people don't sell their bitcoins.  One of these reasons is the technical complexity of exchanging Bitcoin for fiat currencies (in some countries such operations are limited or prohibited by law).  Another reason is that it is very difficult to predict the further movement of the price of bitcoin. 

3. I spend my Satoshi in a bear market if I have an unexpected expense.  In my opinion, it is much easier to keep from selling your bitcoins in a bear market than in a bull market.

[jokers10]

Yeah, for small amounts, day to day expenses in which is not possible to pay with Bitcoin, I'm wondering if it could be a good idea to have one of those prepaid cards that you topup with Bitcoin.

Basically that way you only sell exactly what you need when you need it, and don't have to be exchanging Bitcoin to fiat all the time manually.

I can see that as something useful. Not to have your whole savings, but to have lets say a week or a months expense worth there.

On the other hand I can see how simply exchanging fiat whenever you want to and keeping a fiat buffer might be a better idea.

Those cards look attractive and I'm thinking of them sometimes also, but then I remember that I really rear spend bitcoins. And until I spend mostly fiat got as fiat I'm not hurry to order a card which I will hardly often use in a nearest future. But in a prospect... well, I hope there will be more stores accepting bitcoin directly in a prospect.

[Altryist]

If you buy bitcoin from a lower price, not for a long-term investment, then it's not wrong to sell it when you feel you have enough profit. because it means you are making a short or medium term investment. and that's normal. and some people also do that i.e. sell when the price starts to go up and buy back when the price goes down again. I do that in altcoins. But in bitcoin I prefer to hold it longer (long term) and be prepared to buy more when the price drops again.

If you are a trader, then there is no difference than trading bitcoin or altcoins, or is there a difference, it lies in the fact that when you have bitcoins when the price falls, you will feel much calmer. This only applies to the part of the funds that you allocate yourself for trading, because the bitcoin that we buy to hold as a long-term investment is not worth selling, this is our investment, which we cannot risk.

[Hamza2424]

I am not sure about your objectives but dear if you think its good to sell then bro it is good. In the general objectives and collective point of view, the results say Selling in loss even in small profits is not good. As your BTC you can do whatever you want to. This community has no effect if you or I or anyone else sell his/her BTC.

[freedomgo]

Yes, it's acceptable to sell your bitcoin when you've made a lot of profit. As for me, I buy bitcoin when the price drops and sell it when the price rises because we can't let the price fall on bitcoin when we've made a lot of profit lest we lose the money we've already earned. I may therefore sell bitcoin if the owner approves of the decision.

That actually depends on your plan and what market price is your goal, some are also giving a full 5-year of pure hodling for the bitcoin they bought before trying or thinking of selling those bitcoin they hodl. For me, I'm looking forward and patiently waiting for the specific price that I'm looking for before taking some actions like selling a part of it. There are also some kind of investors that I know who are still buying some coins even at the height of the bullish season because they believe that they are still buying cheap compared to the future value of the coins they bought.

[cozytrade]

For the crypto market to go up and down it is a good idea to sell coins when the price goes up and hold when the price goes down. Investing in bitcoin is a good long term investment alternatively, instead of scheduling a one on one meeting ahead of time, we can go to a local bitcoin meetup. There are a plethora of similar events around the world, where attendees can buy and trade bitcoin and other digital currencies. This is usually the safest setting for face to face communication it is the right time to hold as the price of bitcoin will go higher.

When I see the price of coins dumping, I buy and hold the coins. When I see the price of those coins increase a lot, I sell them. But I always prefer to invest above Bitcoin, so I always invest in Bitcoin. But  I have never lost money investing in Bitcoin, I have always made a profit. I often lose money from other coins I invest in. Now I don't invest much.

[coinerer]

For the crypto market to go up and down it is a good idea to sell coins when the price goes up and hold when the price goes down. Investing in bitcoin is a good long term investment alternatively, instead of scheduling a one on one meeting ahead of time, we can go to a local bitcoin meetup. There are a plethora of similar events around the world, where attendees can buy and trade bitcoin and other digital currencies. This is usually the safest setting for face to face communication it is the right time to hold as the price of bitcoin will go higher.

When I see the price of coins dumping, I buy and hold the coins. When I see the price of those coins increase a lot, I sell them. But I always prefer to invest above Bitcoin, so I always invest in Bitcoin. But  I have never lost money investing in Bitcoin, I have always made a profit. I often lose money from other coins I invest in. Now I don't invest much.

You only invest in Bitcoin it's your very best strategy because Bitcoin is the most dependable crypto to invest comfortably. But it would be a better plan if you invest in Bitcoin with a roadmap for 5 to 10 years. And in that case, instead of investing large amounts at once, if you keep accumulating bitcoins in small amounts, one day it will become a large amount, and if you continue to do this for a long period of time, you will own a large amount of money in the future.

[ZAINmalik75]

For the crypto market to go up and down it is a good idea to sell coins when the price goes up and hold when the price goes down. Investing in bitcoin is a good long term investment alternatively, instead of scheduling a one on one meeting ahead of time, we can go to a local bitcoin meetup. There are a plethora of similar events around the world, where attendees can buy and trade bitcoin and other digital currencies. This is usually the safest setting for face to face communication it is the right time to hold as the price of bitcoin will go higher.

When I see the price of coins dumping, I buy and hold the coins. When I see the price of those coins increase a lot, I sell them. But I always prefer to invest above Bitcoin, so I always invest in Bitcoin. But  I have never lost money investing in Bitcoin, I have always made a profit. I often lose money from other coins I invest in. Now I don't invest much.

While I jump into bitcoin I never have any lost because most of the time I have good profit, and I am really feeling this is darling of my this new life because with this Bitcoin I feel comfortable and have too many positive things in my life mostly when I feel price is going down I buy and then hold for the time being until I have better profit because I never sell in panic or any other problem mostly I love to accumulate this for long time.

Now today price is already touching 23,000 which mean I already have enough profit, but my feeling is this can go at high so right now I have chance to take some profit but if I feel comfortable otherwise I have target of six digits in my long run hodle because this is fact and surely going to happen in near future despite all rumors and other troubles.

[OgNasty]

It is OK to do whatever you want with your Bitcoin. If it ever doesn’t become OK to do what you want with your Bitcoin, then you can do what you want with them anyway. That’s the beauty of Bitcoin and an immutable ledger.

Don’t listen to the people who tell you what to do or not to do with your coins. They just want you to hold so the price is higher when they sell because stupid people think this is a zero sum game.

[Flexystar]

I don’t know if those questions are valid to ask everyone. See basically you asking someone else about my thinking or vice versa.

How can I tell if people are hodling because someone else hodling? You can ask me whether I’m relying on someone else for my hodling? The answer is simply no. Why would I be concerned about how others are investing if I have to work my way using my own money. I can and I should decide what to invest, for how long to invest and in what to invest.

No one gives nuts in the money making industry or trading industry. Moreover, in crypto everything is volatile so no one guarantees you profit. Better be self sustained here.

[DeathAngel]

The primary reason for investing in bitcoin is to make your life better & easier in any way that you possibly can. It’s never a good idea to sell your entire holding of bitcoin but if after selling nothing for many years & being in big profits, selling some would make your life a lot easier then do it.

If you can hold some bitcoin for 10-20 years then you will do very well. You might want to sell a little after 5 years though to put a chunk down on a home or pay off debt etc.

There are no rules you have to follow. Anybody who says hodl for life is a bit silly imo.

[Cantsay]

Yes, it's acceptable to sell your bitcoin when you've made a lot of profit. As for me, I buy bitcoin when the price drops and sell it when the price rises because we can't let the price fall on bitcoin when we've made a lot of profit lest we lose the money we've already earned. I may therefore sell bitcoin if the owner approves of the decision.

I don't quite understand what you write in your post "if the owner approves of the decision" does that means that you're trading other people's Bitcoin for them or what? It the former is true then you should at least teach them how to do it themselves so that you can have more time to focus on yours and please trading Bitcoin for others is a little bit acceptable to me but you see all those altcoins out there? Don't ever try to help anyone trade them because you can never tell what's going to happen in the next few minutes. Be careful of this your act so that you won't get into trouble.

[Hypnosis00]

There are no rules you have to follow. Anybody who says hodl for life is a bit silly imo.

It was a dead strategy by now. We can't assure about the market cycle, not even we can sure that 2-3 years from now the market is bullish. That is why investors had take advantage of selling their Bitcoin when there is a price increase for profit. I'd that it was not important to earn big when you can just do it for one time rather than earning a small profit but in multiple times which I think it was a very effective strategy for me. Buy low and Sell high - nothing has been said to hold longer.

[Issa56]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.

If you sell your coin, nobody will blame you, it's your money and you are free to do anything you want with your money, people will only advice you to Hold because they believe bitcoin price will be massive in the future. I don't think anybody can decide for you what to do, they can only advice and guide you, so everything is left for you to decide.

~ Do people hodl just because others are HODLing?

Am sure some people are holding because other people are asking them to Hold but am holding because I know bitcoin price is still very low currently and later in the future, we won't see bitcoin price in this range.

~ Why do people hodl rather than sell and buy again when low

I started accumulating bitcoin since 2020, when Bitcoin price was still kind of low, if I sold and am still waiting for bitcoin to drop to that price before I buy again, I might not be able to buy back because bitcoin price haven't gotten to that range again.

~ What is your major reason for HODLing and how do your survive the bear market?

Whenever their is bear market, I always use the opportunity to accumulate more bitcoin, any money am having that I won't be using for that moment, I always use it to top my wallet. Whenever am accumulating bitcoin, I don't care about the amount of money am having in my wallet, I only care about the amount of bitcoin am holding and not the price of the bitcoin, no matter how bitcoin dump, it's only the price that will drop but 1 bitcoin will always remain 1 bitcoin if you don't sell.

[carlfebz2]

It is OK to do whatever you want with your Bitcoin. If it ever doesn’t become OK to do what you want with your Bitcoin, then you can do what you want with them anyway. That’s the beauty of Bitcoin and an immutable ledger.

Don’t listen to the people who tell you what to do or not to do with your coins. They just want you to hold so the price is higher when they sell because stupid people think this is a zero sum game.

Its your coin and its your money that you've been investing and holding on on which it is really just right that you do have the full decisions on whatever you would be deciding into those coins whether you would be

holding it no matter what or you would really be that selling it out partially or gradually basing up into your own needs and expenses.It does matter on some conditions too since not all are really that the same when

it comes to life situations where we do need up some money.If you do see that you are in profits since the price had made out some increase and you do able to get in while its still cheap
then its not bad to cut off and take profits and cherish it out.

[TelolettOm]

Don’t listen to the people who tell you what to do or not to do with your coins. They just want you to hold so the price is higher when they sell because stupid people think this is a zero sum game.

That's why we need to have our own target. So, whatever people state, we can ignore it and focus on our target. Whenever the price of Bitcoin meets our target, just sell the Bitcoin although other people tell us to hold. We can be optimistic to sell if we have our own target. But if we have no target, we must feel confused and may consider others' statements. However, to have our own target properly, it requires knowledge and experience.

[Sayeds56]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

The major reason of HODLing Bitcoin is, our firm belief in its long term potential as decentralized store of value, rather than profit seeking. Trading Bitcoin for short term profit making is associated with risks, as it is highly unpredictable asset due of its volatility and many other factors those influence its price, such as overall state of economy, inflation and technical overbought/oversold position of market, which can lead to loss of Bitcoin.

[jokers10]

That's why we need to have our own target. So, whatever people state, we can ignore it and focus on our target. Whenever the price of Bitcoin meets our target, just sell the Bitcoin although other people tell us to hold. We can be optimistic to sell if we have our own target. But if we have no target, we must feel confused and may consider others' statements. However, to have our own target properly, it requires knowledge and experience.

Oh yes, sometimes it's easier not to listen at all to not to hear something that could confuse you. And if you lose because of someone's else advice it is still your mistake that you've learned that idea. Even if I remember that, sometimes I can go with that someone says decisively, and it can be a mistake by itself.

Holding or using when we want is our own decision and it is better remember that and treat our money to our benefit as we understand it.

[Clark Anderson]

Selling your Bitcoin is a good idea, when the price or value of Bitcoin increases in a positive direction. Usually, it is advisable to sell out your profit. When u invest a particular amount in Bitcoin, you wait till your investment doubles up.

[Josefjix]

Selling your Bitcoin is a good idea, when the price or value of Bitcoin increases in a positive direction. Usually, it is advisable to sell out your profit. When u invest a particular amount in Bitcoin, you wait till your investment doubles up.

It's simply a good strategy to buy during the dip and sell during the bull season. Bitcoin fluctuates and causing high volatility in the market, imposing FOMO in the minds of investors and traders. Presently, I'm taking my time to map out good entry on bitcoin chart, it's definitely going to be profits at the end. I'm always positive to be eating good with profits from my trading position with enough confidence. Holding is the best alternative to triggered when the bear season is up and running but patience results in profits at the end.

[Wiwo]

So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

Holding or acquiring Bitcoin is done with various motives while some holders are in for the long term frame others are just traders who are in the market for just quick gains, so their both are two different concept and ways of accumulation of their assets.
-long term holders seem to be more conversant with cold wallet since their in for the long term.
-But bitcoin traders, on the other hand are in for the profits and gain of the market and their seem to make frequent use of exchange and pay more attention to DCA price of Bitcoin at whatever time.

[ilovealtcoins]

~ What is your major reason for HODLing and how do your survive the bear market?

I hold long because I believe bitcoin long term will give me bigger returns. If you look at bitcoin's history from 2009 to the present, you can see bitcoin has gone from $0.01 to $23k, which shows that bitcoin's long-term returns are huge. In the short term, bitcoin can also be profitable, but bitcoin is very volatile and very easy to lead to loss if you do not have too much knowledge about the market. I think that's why people prefer the long term to the short term.

[yohananaomi]

~ What is your major reason for HODLing and how do your survive the bear market?

I hold long because I believe bitcoin long term will give me bigger returns. If you look at bitcoin's history from 2009 to the present, you can see bitcoin has gone from $0.01 to $23k, which shows that bitcoin's long-term returns are huge. In the short term, bitcoin can also be profitable, but bitcoin is very volatile and very easy to lead to loss if you do not have too much knowledge about the market. I think that's why people prefer the long term to the short term.

actually both timeframes are equally good, but indeed the short term requires very strict discipline to be able to keep on monitoring at all times and analyze properly and one cannot avoid that experience clearly determines everything that will be done in the short term. so it's no wonder that many don't want to speculate with bitcoin for the short term because the impact that can occur is huge because the price of bitcoin is quite high and the movement is very fast.
long-term bitcoin investment is the most reliable and tested, the risk is very small and can even be said to be rare, because indeed bitcoin has a repeating nature so that after a decline bitcoin will increase sharply and always reach a renewable ATH.

[LogitechMouse]

So my question is:
~ Do people hodl just because others are HODLing?

Possible.

I mean we have different reasons why we are holding a particular coin in the first place. There are some who are hodling coins because they believe that it will go up increase 3-5 years from now. There are some who choose to hold because they just wanted to. There are some like me that are hodling coins because they believe they will rise in price in the future and at the same time, hodling it because they are staking it.

~ Why do people hodl rather than sell and buy again when low

Because we don't know when and when.

People tend to have this mindset where if Bitcoin hits a high price, they will think like "it will go higher even more" thus, they force to hodl even more instead of selling it. On the other hand, there are some people who have this mindset of "it will go down even lower and I'll wait for it to happen" and the ending? They didn't buy any Bitcoins because by the time they're waiting for the "low" to be reached, it pumped already.

I guess it's my mistake on my part that I didn't sell my Bitcoin holdings when it was at it's peak and just bought last year. At least now I learned from my mistakes and I've adjusted my strategy on it.

~ What is your major reason for HODLing and how do your survive the bear market?

Hoping that it's price will rise 3-5 years from now. That's the reason why I'm hodling and when I'm hodling, I'm only hodling those top market cap coins that I believe will have a huge development in the future.

How did I survive the bear market? Doing nothing is the best thing to do. It's a simple strategy, but it's hard to do especially for those people who are panicking because they see Bitcoin's price going down

[jokers10]

I hold long because I believe bitcoin long term will give me bigger returns. If you look at bitcoin's history from 2009 to the present, you can see bitcoin has gone from $0.01 to $23k, which shows that bitcoin's long-term returns are huge. In the short term, bitcoin can also be profitable, but bitcoin is very volatile and very easy to lead to loss if you do not have too much knowledge about the market. I think that's why people prefer the long term to the short term.

But well, what's at the end? To hodl to get more to hodl to get more? And then we'll still hodl because there'll be more after that, right? Accumulation for the purpose of accumulation. Someday we still should spend what we save at the moment because otherwise it IMO has no real sense: I don't think digital money is only what we expect to have in our lives.

Sometimes it is so hard not to put off life for never coming tomorrow...

[wiss19]

Those who said that are selfish and only thinks about themselves. They don't want people to sell but just buy only in order for the price to rise but after that, they will make sure that they are the ones that will sell first before the price dips.

So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

~ Yes, but not all people are hodling a Bitcoin. Some are just using it as a currency.

~ Those HODL, doesn't HODL their coins forever but they also sell it when the bull market arrives. There are some who sells it early for some reasons like they are worried or they simply need a money for emergency purpose.

~ My major reason for hodling is to have something to use for the future because life is so unpredictable. I might have a job now and not having a difficulty but I shouldn't be contented with it. I know I can just save a fiat but BTC is much better as its value grows overtime. I can survive the bear by leaving the market for a while.

[Maxre]

So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

So answer for your questions is that you should just do what suits for you but still in crypto there are almost many types of crypto traders that want to earn money. And these are listed below.

1. Long Term Holders(Whales)
2. Mid Term Holders( I'm one of them currently)
3. Short term traders( Mostly future trades people)

I am in mid term holder and want to max out my profits. So if you are so short term trader than you should exit and thus you will not get any kind of rewards. And also risk to reward Ratio is also of the key parameters to consider and also handle situation.

[nullama]

Bitcoin really is money.

You can save money, not sure why people consider HODLING as something different to simply saving money.

You can also spend money, Bitcoin is no different here, you can send Bitcoin for goods and services, there's no issue there, that's how money works.

Bitcoin is a better version of money, but it's still money nonetheless.

[Osama Maaz]

Of course anyone wants sell his bitcoin sell but buying back is more important and this strategy is works in swing trade trading techneque but selling or any crypto is not as all the accet sellel in one position but sell in different positions like we buy for taking more profit ,
And remember in longterm future of crypto is bright but we dont know which alt is danger so prefer to invest on bitcoin .

[Faisal2202]

Yes ubari I have red your post thoroughly and you I am I very totally agree with you people tend not to sell their Bitcoin in the high of market sentiments and choose the way of holding them for more profits with good hopes in future. The answer to your first question is not really, most of the time people fall prey to many market sentiments which I have discussed in my recent article on Don’t Fall Prey to these Market Sentiments and Save your Bitcoin
Answer to your second question is very simple these are the people that are optimistic towards Bitcoin future they have deep believe on the bright future of Bitcoin so they do not hesitate to hold there BTC.
Answer to your third question is every individual has its own agenda's regarding to holding, for me, I hold tokens until I get profit well holding and investing and trading or three different things that we should know the difference about them to understand the word holding.

[nurilham]

Of course anyone wants sell his bitcoin sell but buying back is more important and this strategy is works in swing trade trading techneque but selling or any crypto is not as all the accet sellel in one position but sell in different positions like we buy for taking more profit ,

Both selling and buying are important, you shouldn't assume buying back be more important than selling our Bitcoin. To sell our Bitcoin, we need to set a target, it should be a realistic target that we conclude from certain analysis/research. Don't be greedy to set the target (profits), it may trigger to miss the chance to sell Bitcoin at the right time. However, I assume most people won't sell their Bitcoin now, we all focus on buying more during this bearish season. The best time to sell is when the bullrun season comes, it is predicted to happen after the BTC halving in 2024. But if you do swing trading, it is okay to sell your Bitcoin as long as the profits are good enough. Just make sure that you won't buy back at a more expensive price.  

[mendace]

Both selling and buying are important, you shouldn't assume buying back be more important than selling our Bitcoin. To sell our Bitcoin, we need to set a target, it should be a realistic target that we conclude from certain analysis/research. Don't be greedy to set the target (profits), it may trigger to miss the chance to sell Bitcoin at the right time. However, I assume most people won't sell their Bitcoin now, we all focus on buying more during this bearish season. The best time to sell is when the bullrun season comes, it is predicted to happen after the BTC halving in 2024. But if you do swing trading, it is okay to sell your Bitcoin as long as the profits are good enough. Just make sure that you won't buy back at a more expensive price.  

Both buying and selling Bitcoin are important, and it's important to have a strategy for both. Setting a realistic target for selling is important, and it's important to not be greedy. Many people are currently focused on buying more Bitcoin during the current bearish market, but the best time to sell is during a bull market, which is often predicted to occur after the next halving in 2024. If you're interested in swing trading, it's okay to sell your Bitcoin as long as the profits are good enough, but it's important to avoid buying back at a higher price.

[cozytrade]

Of course anyone wants sell his bitcoin sell but buying back is more important and this strategy is works in swing trade trading techneque but selling or any crypto is not as all the accet sellel in one position but sell in different positions like we buy for taking more profit ,
And remember in longterm future of crypto is bright but we dont know which alt is danger so prefer to invest on bitcoin .

Sometimes we take big wrong decisions and we have to take big risks. If we invest with advice from good experienced people before investment then we will see our losses will be very less. So when I see that I don't understand something, I tell others.  Invest with advice. I see now almost all people like Bitcoin more.

[crypticj]

I agree. I don't like it when people treat bitcoin as a religion and lose all their money. Just treat bitcoin as a good asset and I think you will see better profits.

[Patrol69]

Of course anyone wants sell his bitcoin sell but buying back is more important and this strategy is works in swing trade trading techneque but selling or any crypto is not as all the accet sellel in one position but sell in different positions like we buy for taking more profit ,

Both selling and buying are important, you shouldn't assume buying back be more important than selling our Bitcoin. To sell our Bitcoin, we need to set a target, it should be a realistic target that we conclude from certain analysis/research. Don't be greedy to set the target (profits), it may trigger to miss the chance to sell Bitcoin at the right time. However, I assume most people won't sell their Bitcoin now, we all focus on buying more during this bearish season. The best time to sell is when the bullrun season comes, it is predicted to happen after the BTC halving in 2024. But if you do swing trading, it is okay to sell your Bitcoin as long as the profits are good enough. Just make sure that you won't buy back at a more expensive price.  

Everyone has a target before investing that when the market reaches a certain level they will sell their invested assets. Many are seen when the market is losing a lot, they collapse a lot and later when the market normalizes a little, they sell their assists. This is exactly what has happened now. Those who invested when Bitcoin was at its peak have already suffered huge losses. But now that the market is about to normalize, many have decided to sell their assists.  But I think now is going to be a good time for Bitcoin so it is not right to sell Bitcoin now. If you can be patient for a few days, hopefully Bitcoin will go into a better state. So those who have decided to sell bitcoins should refrain from selling bitcoins for now.  

[nullama]

I agree. I don't like it when people treat bitcoin as a religion and lose all their money. Just treat bitcoin as a good asset and I think you will see better profits.

Bitcoin is money, that's it.

Not sure why people want to make it something more than what it is. It's a better form of money, but it's still money nonetheless.

Imagine someone writing in a forum that it is OK to spend your money. It makes no sense, of course it's OK to spend your money.

It's also wise to save some money for the future, same with Bitcoin. It's just money, but better.

[bitterguy28]

So my question is:
~ Do people hodl just because others are HODLing?

not on me  , I hold because I believe that my funds will increase its value in longer term as I only invested my money that is not part of my daily or lifetime needs , meaning all are extra amount .

~ Why do people hodl rather than sell and buy again when low

some are afraid of losing their momentum but mostly wanted a safe and easy investing and that is to Buy and HODL.

~ What is your major reason for HODLing and how do your survive the bear market?

there is nothing need to explain about surviving in Bear market because I am not affected in any way because I hodl even when there is a bear so what will made me suffer ? that is HODL mate.

[Inwestour]

Sometimes we take big wrong decisions and we have to take big risks. If we invest with advice from good experienced people before investment then we will see our losses will be very less. So when I see that I don't understand something, I tell others.  Invest with advice. I see now almost all people like Bitcoin more.

Why do you need other people's advice when it comes to your money? If the investment is unsuccessful, then you will lose money and not the one who advised you, so it is very important to think for yourself when it comes to your money.

It is better to gain experience by making mistakes than to constantly rely on someone else's advice. Even worse, if this advice works once or twice and you trust it, but in the end it will still lead to loss of money and you will blame someone and learn nothing. While we are still at the bottom of the global chart, buying bitcoin is simple, clear and does not require any advice.

[RockBell]

Of course anyone wants sell his bitcoin sell but buying back is more important and this strategy is works in swing trade trading techneque but selling or any crypto is not as all the accet sellel in one position but sell in different positions like we buy for taking more profit ,
And remember in longterm future of crypto is bright but we dont know which alt is danger so prefer to invest on bitcoin .

Sometimes we take big wrong decisions and we have to take big risks. If we invest with advice from good experienced people before investment then we will see our losses will be very less. So when I see that I don't understand something, I tell others.  Invest with advice. I see now almost all people like Bitcoin more.

That is the issue. The majority of us, in my opinion, simply don't understand what an investment is. As a result, some people will buy bitcoin without thinking it through, only to decide to sell it later. This, in my opinion, is not a wise course of action because bitcoin is meant to be an asset that is held for a long period of time. so before investing you should have made up your mind it will help us in business.

[DaNNy001]

Sometimes we take big wrong decisions and we have to take big risks. If we invest with advice from good experienced people before investment then we will see our losses will be very less. So when I see that I don't understand something, I tell others.  Invest with advice. I see now almost all people like Bitcoin more.

Why do you need other people's advice when it comes to your money? If the investment is unsuccessful, then you will lose money and not the one who advised you, so it is very important to think for yourself when it comes to your money.

It is better to gain experience by making mistakes than to constantly rely on someone else's advice. Even worse, if this advice works once or twice and you trust it, but in the end it will still lead to loss of money and you will blame someone and learn nothing. While we are still at the bottom of the global chart, buying bitcoin is simple, clear and does not require any advice.

Your point is clear enough@"experience is the better teacher" but for the case of newbie that rush into investing in bitcoin, one or two advice from people here about hodling a long term investment is not also bad,  its just the scared ones that have not understood the crypto market that feels to sell your coins is not an option when you have them. Your coins your money, its a free world you can buy and sell anytime you like if its suit you but for me i feel its better to hodl especially when you have other sources of feeding as the main purpose of an investment is to grow your money and have tangible profit added to the actual capital.

[fzkto]

I agree. I don't like it when people treat bitcoin as a religion and lose all their money. Just treat bitcoin as a good asset and I think you will see better profits.

Bitcoin is money, that's it.

Not sure why people want to make it something more than what it is. It's a better form of money, but it's still money nonetheless.

Imagine someone writing in a forum that it is OK to spend your money. It makes no sense, of course it's OK to spend your money.

It's also wise to save some money for the future, same with Bitcoin. It's just money, but better.

If you had more knowledge than you have on this forum, you could easily increase your "money". I don't consider bitcoin to be just money, it's also a good means of saving. So to answer the question of whether bitcoin is good to sell or not, my answer is that it depends on the timing of the sale.

[White pawn]

I agree. I don't like it when people treat bitcoin as a religion and lose all their money. Just treat bitcoin as a good asset and I think you will see better profits.

Bitcoin is money, that's it.

Not sure why people want to make it something more than what it is. It's a better form of money, but it's still money nonetheless.

Imagine someone writing in a forum that it is OK to spend your money. It makes no sense, of course it's OK to spend your money.

It's also wise to save some money for the future, same with Bitcoin. It's just money, but better.

I would say bitcoin isn’t just money. It’s more than just money. It’s a valuable financial asset that isn’t affected by inflation like the fiat currency. It’s valuable and with everything that’s valuable, it could be sold for fiat currency.

It’s definitely wise to save some money for the future, or in this case, invest and hodl your bitcoin for the long run. I think the OP was trying to state that it’s actually okay to spend your money or sell your bitcoin. People majorly acquire bitcoin as an investment while there are some that acquire to use as a payment method. It really doesn’t matter to me what reasons you acquire bitcoin, I’m just glad to see it’s usage and adoption continue to go up.

[Jackthelad]

Mainly because calling tops and bottoms can be quite hard and time consuming.  The data shows that DCAing so far on bitchas been profitable much like Indices so for that reason people will always Hodl

[GigaBit]

Of course anyone wants sell his bitcoin sell but buying back is more important and this strategy is works in swing trade trading techneque but selling or any crypto is not as all the accet sellel in one position but sell in different positions like we buy for taking more profit ,
And remember in longterm future of crypto is bright but we dont know which alt is danger so prefer to invest on bitcoin .

Sometimes we take big wrong decisions and we have to take big risks. If we invest with advice from good experienced people before investment then we will see our losses will be very less. So when I see that I don't understand something, I tell others.  Invest with advice. I see now almost all people like Bitcoin more.

That is the issue. The majority of us, in my opinion, simply don't understand what an investment is. As a result, some people will buy bitcoin without thinking it through, only to decide to sell it later. This, in my opinion, is not a wise course of action because bitcoin is meant to be an asset that is held for a long period of time. so before investing you should have made up your mind it will help us in business.

I think it's natural for a buyer to sell his bitcoin after buying it. The profit and the loss of that buyer all depends on himself. But if a buyer thinks of Bitcoin as an asset then he will only give the highest importance to the holding. Because he will get a good idea about the future of Bitcoin. But even after a trader understands everything, he has to sell his Bitcoin. Because trading and holding are different. Currently Bitcoin bullish trend is about to start so everyone will try to hold Bitcoin as much as they can. All in all, if you decide to sell bitcoins after getting the overall picture, do it. Because you have to bear both profit and loss.

[Jatiluhung]

Of course anyone wants sell his bitcoin sell but buying back is more important and this strategy is works in swing trade trading techneque but selling or any crypto is not as all the accet sellel in one position but sell in different positions like we buy for taking more profit ,
And remember in longterm future of crypto is bright but we dont know which alt is danger so prefer to invest on bitcoin .

some traders who invest for the medium term will certainly sell their bitcoins when the price starts to rise and is high enough. And usually they will wait to get back in when Bitcoin experiences a correction. and that's normal and that's okay.

However, it is different from those who invest for the long term. the current increase in bitcoin prices will actually make them more eager to collect more bitcoins when a correction occurs. Selling at this time actually contains risks for long-term investors. i.e. it could be that Bitcoin does not return to the lowest price. and it will be a little difficult to re-accumulate. so long term investors will be more focused on buying later and probably won't be interested in selling at this time. because the current price I think is still far from the target of long-term investors

[cydrix]

I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.

I think that purchasing low and selling high is an important approach in the cryptocurrency sector. It is critical to have a defined investment strategy rather than simply holding onto an asset in the hope that its value would rise for no apparent reason. Profitable sales and the use of stop losses can help to reduce risk. However, because the crypto market is known for its volatility, and short-term thinking may not necessarily give the best outcomes, it's also worth contemplating a long-term investment strategy.

[pawel7777]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

First of all, there's no shame in selling Bitcoins if you need to, or just feel like doing it.

Why hold? Fiat is inflationary and it's losing its value BY DESIGN. Bitcoin is deflationary by design, meaning if it manages to just maintain the same level of popularity/demand, it will only appreciate in value long-term (despite occasional spikes and dips). So, if you don't have a desperate need to cash out, it make sense just to hold. Of course, you're make more profit by buying the dips and selling the tops, but that's easier said than done. Vast majority of speculators would get wrecked trying to time the market. Holding (+ DCA'ing) is the easiest and least demanding strategy.

[danadc]

Yes, it's okay to sell if you have an emergency, but if you have bitcoin these times it's not worth it, we can't forget that bitcoin can go up and have a new ath, we might be thinking that it can also drop in price and what What we have at a price right now is much better than seeing when it falls if it falls, but why, if you have a bitcoin it is better to wait years for its price to rise more than 100 thousand dollars, if everyone saw bitcoin as an investment at long term that can give benefits in the short term things were different. The smartest don't sell bitcoin if they don't need to.

[Sikinkato]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?

Everyone has different goals of interest. Buying or selling or continuing to hold, the ultimate goal is to profit from it.

~ Why do people hodl rather than sell and buy again when low

Investing in Bitcoin is a long-term investment for many people, and it is best to accumulate as much as possible when the price is low and hold it for a long time.

[WatChe]

Both selling and buying are important, you shouldn't assume buying back be more important than selling our Bitcoin. To sell our Bitcoin, we need to set a target, it should be a realistic target that we conclude from certain analysis/research. Don't be greedy to set the target (profits), it may trigger to miss the chance to sell Bitcoin at the right time. However, I assume most people won't sell their Bitcoin now, we all focus on buying more during this bearish season. The best time to sell is when the bullrun season comes, it is predicted to happen after the BTC halving in 2024. But if you do swing trading, it is okay to sell your Bitcoin as long as the profits are good enough. Just make sure that you won't buy back at a more expensive price.  

There is no point in 'Hodling' bitcoin forever. There are people who have bought Bitcoins on dip but are not willing to sell Bitcoin even when it went high. Some are even Hodling till they see Bitcoin hitting 100K$ mark. Also Bitcoin is not all about buying at low and selling at high since we cant figure out with certainty that what's low and high.
The real issue is when Bitcoin is down (like 2 weeks back when it was around 16k), the majority is not willing to buy it. We hear stories like Bitcoin is going back to 10k or 5k. Its only when we see Bitcoin going up, people start buying it.

[jokers10]

...
The real issue is when Bitcoin is down (like 2 weeks back when it was around 16k), the majority is not willing to buy it. We hear stories like Bitcoin is going back to 10k or 5k. Its only when we see Bitcoin going up, people start buying it.

It is not a problem if everyone makes their own choice, it is not mandatory for everyone to own bitcoins. Moreover IMO it is normal if some would consciously choose to use fiat system even if they'll learn about bitcoin: system based on trust can be attractive for many. World is diverse and that is wonderful!

And may be it is even okay that some people prefer to hodl bitcoin forever if they understand that bitcoin is money and they can spend it any time, but anyway prefer to hodl.

[Fullcoinese]

And may be it is even okay that some people prefer to hodl bitcoin forever if they understand that bitcoin is money and they can spend it any time, but anyway prefer to hodl.

because there are not many service and goods providers that accept Bitcoin payments. now more people have Bitcoin as a long term investment asset. not as currency for a payment transaction.
this is also related to the regulations set for each country regarding the different statuses and use of Bitcoin.
maybe in the future, more and more governments make free regulations regarding payment instruments. Bitcoin will become more popular to use. not only as an investment asset.

[$crypto$]

And may be it is even okay that some people prefer to hodl bitcoin forever if they understand that bitcoin is money and they can spend it any time, but anyway prefer to hodl.

because there are not many service and goods providers that accept Bitcoin payments. now more people have Bitcoin as a long term investment asset. not as currency for a payment transaction.
this is also related to the regulations set for each country regarding the different statuses and use of Bitcoin.
maybe in the future, more and more governments make free regulations regarding payment instruments. Bitcoin will become more popular to use. not only as an investment asset.

Because there has been little adoption of bitcoin so that providers of goods and services can never use bitcoin as a means of payment, now many governments still forbid doing this except as a commodity asset, the same thing as gold, property, stocks cannot be used as a means of payment.
But with the discourse on adoption being heard more and more so far, with several countries legalizing legitimate bitcoin and also payments there, it is possible that in some other cases it will be the same in the future, but this will still take a long time.

[Marvell1]

And may be it is even okay that some people prefer to hodl bitcoin forever if they understand that bitcoin is money and they can spend it any time, but anyway prefer to hodl.

because there are not many service and goods providers that accept Bitcoin payments. now more people have Bitcoin as a long term investment asset. not as currency for a payment transaction.
this is also related to the regulations set for each country regarding the different statuses and use of Bitcoin.
maybe in the future, more and more governments make free regulations regarding payment instruments. Bitcoin will become more popular to use. not only as an investment asset.

But with bitcoin's volatility and value still likely to go higher in the future, even if bitcoin is widely accepted or seen as a means of payment, I still doubt that people will start using it for payment. Businesses have the right to use bitcoin as a payment method but are people willing to spend their bitcoin knowing that its value will increase a lot in the future?

If it were me, I would also keep bitcoin as an investment because when it increases in price, it becomes tough to buy bitcoins. Owning fiat is easy, but owning bitcoin is getting harder and harder.

[martyns]

Over the years, bitcoin have made so many people to smile and have also made so many frown faces. Selling Bitcoin presently is obviously one of the available alternative to make profits from regarding having good entries on the chart. Bitcoin is one of the coin with the most fluctuates volatility in the space. There are ways we triggered profits from bitcoin, it's one of the simple strategy to apply during the dump and bull season. When it's dipping, a very good entry discovery to to buy and when it start the bull run up candles, a very good end to sell it for profits.

[milewilda]

Over the years, bitcoin have made so many people to smile and have also made so many frown faces. Selling Bitcoin presently is obviously one of the available alternative to make profits from regarding having good entries on the chart. Bitcoin is one of the coin with the most fluctuates volatility in the space. There are ways we triggered profits from bitcoin, it's one of the simple strategy to apply during the dump and bull season. When it's dipping, a very good entry discovery to to buy and when it start the bull run up candles, a very good end to sell it for profits.

We know that not all people would be buying just for holding for long term on which there are ones who do really love to deal with short term profits and this is why they do really take advantage with the movement or volatility of this market which this had been a common approach for someone when we do speak about on their Bitcoin holdings.If you cant bare up with the risk then you would just be simply sitting and wait
but if you are that someone who do loves challenge and loves to have that chance on getting profits in short term then you would really be that mindful on taking up yourself a position on
a market situation or condition.Its okay to sell but what matter the most if that you are on the profitable side which everyone is really trying out to achieve.

[pawel7777]

But with bitcoin's volatility and value still likely to go higher in the future, even if bitcoin is widely accepted or seen as a means of payment, I still doubt that people will start using it for payment. Businesses have the right to use bitcoin as a payment method but are people willing to spend their bitcoin knowing that its value will increase a lot in the future?

Precisely. There's an old monetary principle called Gresham's Law that says that "bad money drives out good". So if you hold both good money (Bitcoin) and bad money (fiat), you're much more likely to spend the bad money and keep the good one.

The only way people will actually use bitcoin as an everyday currency is when they have regular earnings in bitcoin, either as their primary or additional source of income.

[Raflesia]

It doesn't really matter as long as you feel that the current profit is sufficient, then why sell it for what are you continuing to hold back if indeed you have got your planned target.
I think everyone will be like that too but when you look at it now the conditions might be a little different because selling at this time even though you are already making a profit would still be very unfortunate.

Over the years, bitcoin have made so many people to smile and have also made so many frown faces. Selling Bitcoin presently is obviously one of the available alternative to make profits from regarding having good entries on the chart. Bitcoin is one of the coin with the most fluctuates volatility in the space. There are ways we triggered profits from bitcoin, it's one of the simple strategy to apply during the dump and bull season. When it's dipping, a very good entry discovery to to buy and when it start the bull run up candles, a very good end to sell it for profits.

We know that not all people would be buying just for holding for long term on which there are ones who do really love to deal with short term profits and this is why they do really take advantage with the movement or volatility of this market which this had been a common approach for someone when we do speak about on their Bitcoin holdings.If you cant bare up with the risk then you would just be simply sitting and wait
but if you are that someone who do loves challenge and loves to have that chance on getting profits in short term then you would really be that mindful on taking up yourself a position on
a market situation or condition.Its okay to sell but what matter the most if that you are on the profitable side which everyone is really trying out to achieve.

I agree with this because sometimes we can't generalize that everyone has been in bitcoin for a long time.
Even though it would be better if it was for the long term but of course we also always have profit targets to be achieved of course that makes things like that happen so there is no need to force it if you are not strong and already have an advantage then if you want to leave then leave because there are no restrictions for that matter.

[Dickiy]

So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

Yes of course, sometimes people decide to hold because of influencers or stories that say holding longer will be more profitable.
I personally Hold and DCA so it's a bit difficult to manage if I'm both selling and buying, I'm more focused on accumulating and taking advantage of the dips to buy more bitcoins, trading as you mentioned it might be good but I don't have time to watch the market to see the ups and downs that maybe the volatility runs faster in days or hours.
As I said, the reason why I hold bitcoin is because I don't have much time to pay attention to market price movements, unless I have prepared DCA funds, then I pay attention to market movements. And the bear market seems to have become a friend of a Holder and instead is an opportunity for more accumulation.

[Cryptmuster]

Yes of course, sometimes people decide to hold because of influencers or stories that say holding longer will be more profitable.
I personally Hold and DCA so it's a bit difficult to manage if I'm both selling and buying, I'm more focused on accumulating and taking advantage of the dips to buy more bitcoins, trading as you mentioned it might be good but I don't have time to watch the market to see the ups and downs that maybe the volatility runs faster in days or hours.
As I said, the reason why I hold bitcoin is because I don't have much time to pay attention to market price movements, unless I have prepared DCA funds, then I pay attention to market movements. And the bear market seems to have become a friend of a Holder and instead is an opportunity for more accumulation.

The cryptocurrency market always provides good opportunities if you are a patient trader/holder and don't act too hastily. In this situation (and possibly in this bear market), the only thing that confuses me is that there was no desperation, many people bought in the bear market and waited for the market to start growing. If I'm not mistaken, this is the first cycle that went so smoothly, is that really all we will see only growth from now on, it's bullrun?

[jokers10]

because there are not many service and goods providers that accept Bitcoin payments. now more people have Bitcoin as a long term investment asset. not as currency for a payment transaction.
...

If you want to spend some Mongolian tugriks in Chile does it stop you that there are no stores accepting tugriks? I guess you'll try to find a solution (even trough exchanging) and not to look for an excuse. So usually people hodl bitcoin not because of a lack of spots where to pay in it directly, they have some other reasons. As for me I prefer to spend any fiat currencies first, that's why.

[lepbagong]

Over the years, bitcoin have made so many people to smile and have also made so many frown faces. Selling Bitcoin presently is obviously one of the available alternative to make profits from regarding having good entries on the chart. Bitcoin is one of the coin with the most fluctuates volatility in the space. There are ways we triggered profits from bitcoin, it's one of the simple strategy to apply during the dump and bull season. When it's dipping, a very good entry discovery to to buy and when it start the bull run up candles, a very good end to sell it for profits.

you are right, there is always someone who can smile but not a few actually frown, because it all just depends on how to place the bitcoin he bought, whether it can provide benefits or not.
Selling is not an alternative that might be a solution at a time like this, because buying more expensive will actually result in losses, and it's wiser to hold it in and wait for an increase to occur.

I agree that a simple application can be done where when it goes down it keeps buying and holding it and when it goes up it just releases. but there are those who like to buy in the short term even though it is full of risks, for those who are used to analyzing properly they will like that but for those who don't want to take risks of course the long term is what can be done. it is clear that everything is returned to the individuals, who really want to implement it, because those who own the bitcoin are entitled to what will be done.

[jeraldskie11]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.

I've been also in the crypto space for years and 3 years in trading.For me, this is very applicable for leverage traders. A small percentage increase of price is huge profit for us but huge loss if it will decrease even a small percent. So when the price in our Take Profit area, my positions
are automatically closed even if it has only a small percent.
So if I only use spot trading (no liquidation), I will not immediately close my positions if the percent is below 10% so that you can cover the fee and still gain. It will also depends on your margin, how much did you put in that trade or did you buy in that cryptocurrency because there are some people are use to all in. That's why for me, I can't judge them why they still holding their positions.

However,  I agree with you that as long as you feel contented then you should close the position because PROFIT is PROFIT.

[Minor Miner]

because there are not many service and goods providers that accept Bitcoin payments. now more people have Bitcoin as a long term investment asset. not as currency for a payment transaction.
...

If you want to spend some Mongolian tugriks in Chile does it stop you that there are no stores accepting tugriks? I guess you'll try to find a solution (even trough exchanging) and not to look for an excuse. So usually people hodl bitcoin not because of a lack of spots where to pay in it directly, they have some other reasons. As for me I prefer to spend any fiat currencies first, that's why.

It's just an unwarranted excuse, if I lived in a country where bitcoin is accepted as a means of payment, I wouldn't be willing to spend my bitcoins either. Simply because I believe the value of bitcoin will increase a lot in the future, I don't want to waste my bitcoins. I am trying to save to accumulate bitcoins every day for a better future, so it would be a waste to use bitcoins for daily expenses while I have enough fiat for them. I don't want to hold fiat and spend bitcoin, that sounds paradoxical.

[Belarge]

It's by choice anyway, as long as the Bitcoin is yours and you believe if you are willing to sell then it's fine,

We are different people with different perspective so is our reasons for investing, some people actually invest with an aim of selling, why others invest with an aim of trading,

Anyone who sells his/her Bitcoin sincerely have a reason for that, they might have been a mess which might warrant them to sell, or which ever ways,

But who ever sales his/her Bitcoin should know that there might be profits or loses at the later end, so which ever comes up, it should accepted with great fade...

[pawel7777]

If you want to spend some Mongolian tugriks in Chile does it stop you that there are no stores accepting tugriks? I guess you'll try to find a solution (even trough exchanging) and not to look for an excuse. So usually people hodl bitcoin not because of a lack of spots where to pay in it directly, they have some other reasons. As for me I prefer to spend any fiat currencies first, that's why.

It's all about convenience and whether or not you have any income in bitcoins. No one is going to buy bitcoins just to spend it, and on the other side, it doesn't make much sense to convert btc to fiat to buy something, if you could buy that something directly with btc.
i.e. If you wanted to buy a pair of new pants from your sig campaign earnings, you would just use btc if pants-merchant accepted it, without exchanging it to fiat at all.

But as long as only a tiny percent of people earn in btc, we won't see any mass adoption. The closest we get is bitcoin powered debit cards.

[Oneandpure]

It's just an unwarranted excuse, if I lived in a country where bitcoin is accepted as a means of payment, I wouldn't be willing to spend my bitcoins either. Simply because I believe the value of bitcoin will increase a lot in the future, I don't want to waste my bitcoins. I am trying to save to accumulate bitcoins every day for a better future, so it would be a waste to use bitcoins for daily expenses while I have enough fiat for them. I don't want to hold fiat and spend bitcoin, that sounds paradoxical.

I will not spent and use Bitcoin for all payment transaction when my country have legalize with bitcoin transaction, better hold and save my Bitcoin in exchange account or hardware wallet and become long term investment than using for digital payment currency. I don't want convert my Bitcoin fund to fiat or withdrawing to be cash money trough still having another passive income and Bitcoin will be my priority as long term holding or investment assets.

I change with saving mindset have hold fiat in the bank with save Bitcoin for my children assets at the future, I believe with Bitcoin will help anything and price growing up more profitable investment than only holding fiat in the bank.

[jokers10]

It's just an unwarranted excuse, if I lived in a country where bitcoin is accepted as a means of payment, I wouldn't be willing to spend my bitcoins either. Simply because I believe the value of bitcoin will increase a lot in the future, I don't want to waste my bitcoins. I am trying to save to accumulate bitcoins every day for a better future, so it would be a waste to use bitcoins for daily expenses while I have enough fiat for them. I don't want to hold fiat and spend bitcoin, that sounds paradoxical.

Yeap, all fiat currencies have inflationary nature but bitcoin has deflationary one. So the choice is obvious. Even when volatility of bitcoin will go down it will be more valuable at each tomorrow than at each yesterday. So if to hodl then bitcoin and not fiat!

It's all about convenience and whether or not you have any income in bitcoins. No one is going to buy bitcoins just to spend it, and on the other side, it doesn't make much sense to convert btc to fiat to buy something, if you could buy that something directly with btc.
i.e. If you wanted to buy a pair of new pants from your sig campaign earnings, you would just use btc if pants-merchant accepted it, without exchanging it to fiat at all.

But as long as only a tiny percent of people earn in btc, we won't see any mass adoption. The closest we get is bitcoin powered debit cards.

Okay, imagine you are travelling and bought some bitcoins for a trip, but you also have some Mongolian tugriks. What would you exchange first? If I have a choice I prefer to hodl bitcoins.

[Inwestour]

It's all about convenience and whether or not you have any income in bitcoins. No one is going to buy bitcoins just to spend it, and on the other side, it doesn't make much sense to convert btc to fiat to buy something, if you could buy that something directly with btc.
i.e. If you wanted to buy a pair of new pants from your sig campaign earnings, you would just use btc if pants-merchant accepted it, without exchanging it to fiat at all.

But as long as only a tiny percent of people earn in btc, we won't see any mass adoption. The closest we get is bitcoin powered debit cards.

So far, it is not so easy, even in those countries where bitcoin is legalized, even take El Salvador as an example, what percentage of the population of this country receives a salary, or receives income if it is a business, in bitcoins? I think that these are too small values to talk about some kind of mass adoption.

Let's take another example, if I'm buying bitcoin now, and I've been doing this throughout the bear market, then it's understandable that I don't want to spend bitcoin now, when I understand that its price is too low now, if I expect its price to rise during the next 1-3 years in a few times, maybe even 5 times, then I will spend my bitcoins then with a much greater desire than now.

[Zilon]

~ Do people hodl just because others are HODLing?

No, although some who just depend solely on influencers and hype hodl because others are hodling but the ideal thing is to hold based on your analysis, as in the OP where it is pointed that you hodl to sell when the price satisfactory to the holder.

~ Why do people hodl rather than sell and buy again when low

It depends on the buyer. Some can just hodl because they feel price hasn't gone high enough, Others hodl because they get signals to hodl and as you rightly said those who don't understand the dos and don't in DYOR might just hodl because others are holding.

~ What is your major reason for HODLing and how do your survive the bear market?

Bitcoin only started recovering from the long dip it experienced from late 2021 till late 2022 and from my own research and analysis Bitcoin has the potential to climbing to $40,000 that why i am still holding.

[crunck]

~ What is your major reason for HODLing and how do your survive the bear market?

The reason I hold is because I want to get the biggest profit possible, and I am not good at trading, I often lose in trades, so I decided holding would be more suitable for me. I left the market when the bear season came and came back later, I could say I missed the opportunity in the past. Now I know how the market works, so I have no reason to leave the market anymore. I will stay with the market till the end.

[Fara Chan]

Let's take another example, if I'm buying bitcoin now, and I've been doing this throughout the bear market, then it's understandable that I don't want to spend bitcoin now, when I understand that its price is too low now, if I expect its price to rise during the next 1-3 years in a few times, maybe even 5 times, then I will spend my bitcoins then with a much greater desire than now.

Every movement has a purpose and every work has positive or negative results, here we take the positive part, one of which is buying Bitcoin holding and waiting for changes in price values and waiting for the right time to release them, every investor has a direction of achievement of course in terms of profit, as you said they will do the job of buying and releasing it when the price is higher than the time of purchase, that's the advantage in investing especially Bitcoin, even though it takes a long time, and in between times I'm sure they will make a purchase.

[Synaesthesia]

~ What is your major reason for HODLing and how do your survive the bear market?

The reason I hold is because I want to get the biggest profit possible, and I am not good at trading, I often lose in trades, so I decided holding would be more suitable for me. I left the market when the bear season came and came back later, I could say I missed the opportunity in the past. Now I know how the market works, so I have no reason to leave the market anymore. I will stay with the market till the end.

That's a great strategy! Holding can definitely be a good approach for those who aren't confident in their trading skills or who prefer a more passive investment style. It's understandable that you took a break from the market during the bear season, but it's great that you've returned and have a better understanding of how things work now. By staying in the market, you'll have the opportunity to potentially see your investments grow over time. Just make sure to keep monitoring the market and make informed decisions, and you'll be on your way to potentially reaching your investment goals.

[kamvreto]

~snip~ What is your major reason for HODLing and how do your survive the bear market?

HODLing is a popular strategy among cryptocurrency investors, in which they "hang on with all their heart" and refrain from selling their assets, even during a bear market. Reasons for HODLing can vary, but are often driven by a belief in the potential and long-term value of a particular cryptocurrency.
However, HODLing can be a high-risk strategy, as the cryptocurrency market can be highly volatile and subject to significant price swings. To survive a bear market while HODLing, some investors may choose to diversify their portfolio by holding a variety of cryptocurrencies, or they may adjust their investment strategy to reduce their overall market risk exposure.
It is important to remember that cryptocurrency is a high-risk investment, and it is important to do research and understand the risks involved before making an investment decision. In addition, it is always advisable to consult a financial consultant before making any investment decisions.

[mendace]

That's a great strategy! Holding can definitely be a good approach for those who aren't confident in their trading skills or who prefer a more passive investment style. It's understandable that you took a break from the market during the bear season, but it's great that you've returned and have a better understanding of how things work now. By staying in the market, you'll have the opportunity to potentially see your investments grow over time. Just make sure to keep monitoring the market and make informed decisions, and you'll be on your way to potentially reaching your investment goals.

That's a great strategy! Holding can definitely be a good approach for those who aren't confident in their trading skills or who prefer a more passive investment style. It's understandable that you took a break from the market during the bear season, but it's great that you've returned and have a better understanding of how things work now. By staying in the market, you'll have the opportunity to potentially see your investments grow over time. Just make sure to keep monitoring the market and make informed decisions, and you'll be on your way to potentially reaching your investment goals.

[Ptb73]

I think people are just afraid to sell their Bitcoin. The idea that you should HODL Bitcoin is very much being promoted. If you sell it, then you are not a true Bitcoiner and you are an outcast in crypto space. That's bad.

[Falconer]

I think people are just afraid to sell their Bitcoin. The idea that you should HODL Bitcoin is very much being promoted. If you sell it, then you are not a true Bitcoiner and you are an outcast in crypto space. That's bad.

I sell it when I need it, am I also outcast enough to be in this crypto space?
You can't be proud to never sell your bitcoins while you have to cover huge fees out there on really urgent matters. Imagine if you are sick, or you really need capital to build your business, then do you have to make loans up to your neck while still maintaining your intention to hold on in the long term?

After all, bitcoin was never designed solely for investing and trading assets, either in the short term or the long term. You have to wake up and see how many people out there have built business and accept bitcoin as means of payment. They use bitcoin as currency, so do you still think they are outcast even though they have used bitcoins the way they were created?

[Stalker22]

I think people are just afraid to sell their Bitcoin. The idea that you should HODL Bitcoin is very much being promoted. If you sell it, then you are not a true Bitcoiner and you are an outcast in crypto space. That's bad.

Yeah, I totally get what you are saying. The concept of HODLing Bitcoin is heavily promoted in the community, causing some individuals to be hesitant to sell their Bitcoin. But, the notion that selling Bitcoin makes you an outsider in the crypto world is not accurate. Everyone should have the freedom to make their own financial decisions without fear of being ostracized. It is important to keep in mind that for every seller, there is a buyer on the other side. No big deal.

[imamusma]

I agree that anyone can sell their bitcoin at any time and for any purpose.
We don't need to be too rigid about this asset by just holding it without a selling plan, this is decision that may not be wise because investment aims to make  profit not to forever monitor its price fluctuation. So it's okay to sell when it's time to take profit.

I also don't think I should sell all of my holding in one fell swoop, it will probably be in parts as long as I still feel I am benefiting from it. Selling or holding is  decision that must be in accordance with the wishes, market conditions, and urgent needs, so selling it is definitely not problem.

[Fara Chan]

I think people are just afraid to sell their Bitcoin. The idea that you should HODL Bitcoin is very much being promoted. If you sell it, then you are not a true Bitcoiner and you are an outcast in crypto space. That's bad.

I sell it when I need it, am I also outcast enough to be in this crypto space?
You can't be proud to never sell your bitcoins while you have to cover huge fees out there on really urgent matters. Imagine if you are sick, or you really need capital to build your business, then do you have to make loans up to your neck while still maintaining your intention to hold on in the long term?

Logic would be, in theory of course at a very destitute time we need to change the initial plan in order to launch a very urgent need, selling Bitcoin can be done when circumstances do not allow, one example as your statement said. and we can say the basic concept of Bitcoin Investment with Holding, it is estimated that the long term is a good method, but in between times of poverty especially we will think about what is more important for urgent needs, of course selling it even in the short term. and resume asset recovery work when time and conditions improve.

[jokers10]

Logic would be, in theory of course at a very destitute time we need to change the initial plan in order to launch a very urgent need, selling Bitcoin can be done when circumstances do not allow, one example as your statement said. and we can say the basic concept of Bitcoin Investment with Holding, it is estimated that the long term is a good method, but in between times of poverty especially we will think about what is more important for urgent needs, of course selling it even in the short term. and resume asset recovery work when time and conditions improve.

Bitcoin is just money and IMO we should consider it so: if we need money at the moment for anything important and we don't have enough fiat for that then of course we should use crypto assets we have for the needs we have. Or for what do we get it? Holding for just holding is a strange idea. We collect bitcoins for having some assets in the future to buy what we need or wand and that future can be at the moment as well. And even if there is something that we just want and we need to spend bitcoins for that we should not feel disappointment with spending bitcoin, because even buying something pleasing is important: we can always earn more bitcoins in the future, but we can not get the happiness of today any day in the future, it can be achieved today only.

[Tony116]

However, HODLing can be a high-risk strategy, as the cryptocurrency market can be highly volatile and subject to significant price swings. To survive a bear market while HODLing, some investors may choose to diversify their portfolio by holding a variety of cryptocurrencies, or they may adjust their investment strategy to reduce their overall market risk exposure.

I don't think holding is a high risk strategy. If you invest bitcoin with idle money that you don't need to use for daily expenses or urgent work, then you will have no problem holding even if bear season lasts a few more years. Holding will be high risk when you do not invest in bitcoin but invest in shitcoins, because in the long run, the shitcoins will disappear, not recover like bitcoin. One more thing, diversifying your portfolio with altcoins will not make your investment any safer.

[nullama]

~snip~
I don't think holding is a high risk strategy. If you invest bitcoin with idle money that you don't need to use for daily expenses or urgent work, then you will have no problem holding even if bear season lasts a few more years. Holding will be high risk when you do not invest in bitcoin but invest in shitcoins, because in the long run, the shitcoins will disappear, not recover like bitcoin. One more thing, diversifying your portfolio with altcoins will not make your investment any safer.

Yes, absolutely.

It can be seeing simply as saving money.

Bitcoin gives you a great incentive to do that, because it's expected for it to increase in purchasing power over the years.

On the other hand, fiat is expected to lose purchasing power over the years.

So, it clearly makes more sense to save money in Bitcoin rather than in fiat.

[romero121]

The major reason behind hold is not to take risk. With people wanting to take risk and increase the holding go for regular buy low and sell high. Everytime we can't be successful with the trade and that is the reason why people prefer holding. In the past holding isn't much preferred and at some point it is believed that patience is much more important than anything to profit out of cryptocurrency investment. This is where people started to prioritise holding than just spending.

[Iranus]

The major reason behind hold is not to take risk. With people wanting to take risk and increase the holding go for regular buy low and sell high. Everytime we can't be successful with the trade and that is the reason why people prefer holding. In the past holding isn't much preferred and at some point it is believed that patience is much more important than anything to profit out of cryptocurrency investment. This is where people started to prioritise holding than just spending.

In addition to the reason holding is safer than trading, there are many other reasons, such as many people don't have time to trade, so they choose to hold, or many think holding can bring bigger profits than trading. Personally, I think holding will be more profitable than trading because trading is too risky like you said, and I also have an outside job, so I can't sit in front of the computer all day to analyze the market. Hold or trade is also for profit, both are good, choose whichever method suits your situation.

[MiF]

I think it is ok to sell bitcoins depending on the situation or the problem, if it is very important matter or emergency situation we need to sell bitcoins for good or to support financial problems, but if we are selling bitcoins for nothing then it is really a bad decision, because bitcoin is a good long term investment.

[rhodelmabanal]

I think it is ok to sell bitcoins depending on the situation or the problem, if it is very important matter or emergency situation we need to sell bitcoins for good or to support financial problems, but if we are selling bitcoins for nothing then it is really a bad decision, because bitcoin is a good long term investment.

Your right many people regret from thier decision of selling bitcoin because if they don't sell thier holdings they well earn multiple profit and now they end up losing, the question is why do they sell bitcoin in the wrong time? Some of the sellers are not new in crypto so i also think that they have a good reason for selling thier holdings.

[Nrcewker]

Just like any other asset, people have to realize profits someday.

If you don't, somebody will.

Yes if you reach a certain point where you get your desired profits, then it’s better to sell the coins at that point of time, rather than holding further. If you greed for more and hold it for more times, then you might get more profits but along with that, the risk of getting loss will also increase . It is always OK to sell the Bitcoins when you are in need of emergency money. You can also sell the Bitcoins if you have yielded maximum profits from it. Basically selling the coins completely depends on person to person, so yes people sell it according to their will.

[jokers10]

Your right many people regret from thier decision of selling bitcoin because if they don't sell thier holdings they well earn multiple profit and now they end up losing, the question is why do they sell bitcoin in the wrong time? Some of the sellers are not new in crypto so i also think that they have a good reason for selling thier holdings.

FOMO is a bad feeling and we should avoid it. Before selling your bitcoins you just should reflect if it is the most right moment as could be seen from that exact time; if you need those money to spend at that moment; if you don't have fiat to spend. If after all you still think you need to sell, remind you in the future that it was a considered decision and fight with your FOMO.

[yudi09]

So my question is:
~ Do people hodl just because others are HODLing?

Not because other people are hodl, but because the desired price is not what you want.

So my question is:
~ Why do people hodl rather than sell and buy again when low

Selling when the price is lower than the purchase price makes investors choose to stay rather than sell and then buy again. Sometimes some investors sell because the profit has been obtained even though it is not too large. This is usually the routine of day traders.

So my question is:
~ What is your major reason for HODLing and how do your survive the bear market?

The reason investors choose to hodl is actually the same because they clearly want to make a profit as the purpose of the investment itself.

[blockman]

The reason investors choose to hodl is actually the same because they clearly want to make a profit as the purpose of the investment itself.

Yup and that's true.
We're all ending with the same reason why we hold and that is because we want to see our holdings have a better price and value to appear. There's no other reason why we want to hold. Yes, some may literally say that they're for the tech but we can't remove one fact and that is all about wanting to make more in the long run because we're all aware the longer we hold then the better value and price will be seen soon for bitcoin.

[danadc]

~ What is your major reason for HODLing and how do your survive the bear market?

The reason I hold is because I want to get the biggest profit possible, and I am not good at trading, I often lose in trades, so I decided holding would be more suitable for me. I left the market when the bear season came and came back later, I could say I missed the opportunity in the past. Now I know how the market works, so I have no reason to leave the market anymore. I will stay with the market till the end.

It is an excellent way of thinking and it is best to keep it in a private wallet, with what has happened it is not advisable to have it in an exchange, I had some USDT in an exchange and I want to spend them or buy bitcoin, I did not buy bitcoin when it was less than 23 thousand dollars, now I regret it, if bitcoin is sold right now it is a decision of each one, no one should get into the finances of others because each one manages their economic situation, but it is not advisable, the price has just begun to rise, and today It is at 23,000 dollars, tomorrow it can change to 50,000 dollars, the opportunities are right under our noses.

[Agbe]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

It is a good question to say. Most people are not even hodling bitcoin but they are saying hodling because others are saying it here. Really real business is buying and selling to make profit. That is also apply to trading. Let me answer your questions though I have partially answered one. The first one is, nobody is hodling because others are hodling. If you hodle because others are hodling, it's of no use. Everyone hodle because of his mindset directed him or her to do so and they can sell it at their will. Secondly, it is a very simple answer, it is for huge profit.

[nullama]

The reason investors choose to hodl is actually the same because they clearly want to make a profit as the purpose of the investment itself.

Yup and that's true.
We're all ending with the same reason why we hold and that is because we want to see our holdings have a better price and value to appear. There's no other reason why we want to hold. Yes, some may literally say that they're for the tech but we can't remove one fact and that is all about wanting to make more in the long run because we're all aware the longer we hold then the better value and price will be seen soon for bitcoin.

Well, you have to be in for the tech as well to hodl because that's basically what will allow you to spend it in the future.

Because it's a great way of spending money as well. At the end of the day Bitcoin is the best type of money that has ever existed.

Of course you would want to save it (hodl), but using it is as much important.

[hcampaingns]

The reason investors choose to hodl is actually the same because they clearly want to make a profit as the purpose of the investment itself.

Yup and that's true.
We're all ending with the same reason why we hold and that is because we want to see our holdings have a better price and value to appear. There's no other reason why we want to hold. Yes, some may literally say that they're for the tech but we can't remove one fact and that is all about wanting to make more in the long run because we're all aware the longer we hold then the better value and price will be seen soon for bitcoin.

You are right bro!
we are hold it just getting profite in future. if we hold it for a long time then BTC make a better and Value able price. We just want secure of money and get some profite by BTC. We know if we hold for long time we get good assets.

[Maestro75]

So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

Number 1, yes there are people who hold because others are holding. They hold till price increases and they don't sell off, price crashes back again and they continue to hold. Answer to your 2nd question. Alot of people keep holding because they do not know when and how to sell off and then buy back quickly at cheaper price. My reason for holding is to make more profit when it appreciates in price. I do not want to hold for the sake of holding without making profit from it.

[Nobility17]

It's just simple logic, scarcity increases value, abundance reduces. By the next halving we all know what's going to happen to the pricing. So then it's now left for people to take the necessary calculated risks associated with either Hodling or Selling.

[nullama]

It's just simple logic, scarcity increases value, abundance reduces. By the next halving we all know what's going to happen to the pricing. So then it's now left for people to take the necessary calculated risks associated with either Hodling or Selling.

I don't see the point of buying fiat with Bitcoin.

I mean, if you buy a house, or whatever, then it makes sense. But just simply buying fiat in the hopes that you can go back and buy more Bitcoin later on?, seems very unlikely that that plan will turn on perfect.

Also you have to pay exchange fees, use a lot of your time checking prices, news, etc, tracking the economy, etc, just to try to time the tops and bottoms, and also paying capital gains tax, etc.

Even if you make X amount of money, you'll be having less because of the exchange fees and the taxes. And possibly you might end up not making any money, and still paying those fees and taxes.

Whereas if you just save Bitcoin, you don't have to worry about any of that and can focus on your own life.

[Fuso.hp]

It is not always the case that people have benefited from investing in Bitcoin. Many times many people face losses by investing in Bitcoin and other Crypto industries. But you should not always invest for a long period of time because after investing you see that you have got some profit from this investment, if you are satisfied with that profit then you can sell your investment amount at that time. But there are many who will only say that you buy bitcoins and hold them for the long term. When the price of Bitcoin reached $16K dollars, those who invested in Bitcoin can now sell their Bitcoins, hoping to get a good profit.

[jokers10]

It is not always the case that people have benefited from investing in Bitcoin. Many times many people face losses by investing in Bitcoin and other Crypto industries. But you should not always invest for a long period of time because after investing you see that you have got some profit from this investment, if you are satisfied with that profit then you can sell your investment amount at that time. But there are many who will only say that you buy bitcoins and hold them for the long term. When the price of Bitcoin reached $16K dollars, those who invested in Bitcoin can now sell their Bitcoins, hoping to get a good profit.

1BTC is always 1BTC. Until you exchange it to anything, you didn't lost. Panic caused with rates changes is one of a known foes of an investor: if an asset is reliable then you should better wait until it recovers and not panicky sell it just because of drawdown. You can lose if you stay in fiat as it is inflationary, but if you stay in bitcoin you can just wait staying calm.

[kelechi]

It is not always the case that people have benefited from investing in Bitcoin. Many times many people face losses by investing in Bitcoin and other Crypto industries. But you should not always invest for a long period of time because after investing you see that you have got some profit from this investment, if you are satisfied with that profit then you can sell your investment amount at that time. But there are many who will only say that you buy bitcoins and hold them for the long term. When the price of Bitcoin reached $16K dollars, those who invested in Bitcoin can now sell their Bitcoins, hoping to get a good profit.

Honestly, I'm in this situation now. I bought a lot and then dump happened. But I transfered all from exchange to Ownr wallet for long term period. Think it will be part of my retirement plan

[rby]

The reason investors choose to hodl is actually the same because they clearly want to make a profit as the purpose of the investment itself.

Yup and that's true.
We're all ending with the same reason why we hold and that is because we want to see our holdings have a better price and value to appear. There's no other reason why we want to hold. Yes, some may literally say that they're for the tech but we can't remove one fact and that is all about wanting to make more in the long run because we're all aware the longer we hold then the better value and price will be seen soon for bitcoin.

Bitcoin is money therefore it is right to spend your money and also it is right to earn money

What is wrong is having money in the form of Bitcoin and you're running into series of problems and refused to spend the money in the name of saving it for it to increase in value.
That is why it is advised that the money you invest into bitcoin should not be money you need for your immediate problems it should be money that you want to save for a very long time purposes

[CryptoBuds]

The reason investors choose to hodl is actually the same because they clearly want to make a profit as the purpose of the investment itself.

Yup and that's true.
We're all ending with the same reason why we hold and that is because we want to see our holdings have a better price and value to appear. There's no other reason why we want to hold. Yes, some may literally say that they're for the tech but we can't remove one fact and that is all about wanting to make more in the long run because we're all aware the longer we hold then the better value and price will be seen soon for bitcoin.

Those who are holding bitcoins for a long time, saying that they invest and hold bitcoins for the sake of technology are the ones who are trying to lie. I'm pretty sure the majority of people hold bitcoins for the money and not for the second reason. If bitcoin were not profitable but only used as a payment method, I'm sure bitcoin wouldn't be as popular as it is today.
Although bitcoin is very volatile but in the long run bitcoin only always increases in price, many people do not like the risk of trading, so choosing to hold bitcoin is a good solution for them.

[Mauser]

It is not always the case that people have benefited from investing in Bitcoin. Many times many people face losses by investing in Bitcoin and other Crypto industries. But you should not always invest for a long period of time because after investing you see that you have got some profit from this investment, if you are satisfied with that profit then you can sell your investment amount at that time. But there are many who will only say that you buy bitcoins and hold them for the long term. When the price of Bitcoin reached $16K dollars, those who invested in Bitcoin can now sell their Bitcoins, hoping to get a good profit.

In case you really need the money than selling some Bitcoin and other crypto currencies is a way to raise your funds. Everyone needs to decide himself which assets to sell and which too keep. For me personally I would prefer to sell some of my stocks and bonds first before I ever touch my crypto coins. Back in 2016 I made the big mistake to sell all my coins, which I am regretting ever since. That is why I would only consider selling cryptos right now if I really have to get the money. Just make sure that you really want to get rid of your bitcoins, maybe it would make more sense to only sell a fraction of your crypto portfolio and keep the rest of them. The long term trend of bitcoins is still positive and it's only a matter of time for prices to recover.

[fzkto]

It is not always the case that people have benefited from investing in Bitcoin. Many times many people face losses by investing in Bitcoin and other Crypto industries. But you should not always invest for a long period of time because after investing you see that you have got some profit from this investment, if you are satisfied with that profit then you can sell your investment amount at that time. But there are many who will only say that you buy bitcoins and hold them for the long term. When the price of Bitcoin reached $16K dollars, those who invested in Bitcoin can now sell their Bitcoins, hoping to get a good profit.

Honestly, I'm in this situation now. I bought a lot and then dump happened. But I transfered all from exchange to Ownr wallet for long term period. Think it will be part of my retirement plan

If your plans are to hold onto your bitcoins for so long, until retirement, then you have chosen the right investment. In the future, the current bitcoin price will be a dream come true for many, as it was when it was worth $100 or $1000. But I can still recommend you to watch the market cycles to be able to sell in time and then buy again in time. That way you can maximise your capital.

[Fara Chan]

Logic would be, in theory of course at a very destitute time we need to change the initial plan in order to launch a very urgent need, selling Bitcoin can be done when circumstances do not allow, one example as your statement said. and we can say the basic concept of Bitcoin Investment with Holding, it is estimated that the long term is a good method, but in between times of poverty especially we will think about what is more important for urgent needs, of course selling it even in the short term. and resume asset recovery work when time and conditions improve.

Bitcoin is just money and IMO we should consider it so: if we need money at the moment for anything important and we don't have enough fiat for that then of course we should use crypto assets we have for the needs we have. Or for what do we get it? Holding for just holding is a strange idea. We collect bitcoins for having some assets in the future to buy what we need or wand and that future can be at the moment as well. And even if there is something that we just want and we need to spend bitcoins for that we should not feel disappointment with spending bitcoin, because even buying something pleasing is important: we can always earn more bitcoins in the future, but we can not get the happiness of today any day in the future, it can be achieved today only.

Yes, that's right, in between times of poverty and not holding fiat money, the next step we have to take is to use the cryptocurrency assets that we already have, all aiming at holding assets to buy something you want, either in the future or present, crypto assets. it's not just that to be held, held, and continued to be held, this is indeed not logical that makes sense, it even sounds strange. collecting Bitcoins is one of the main steps that equips the future.

[summonerrk]

~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

When the cryptocurrency falls, newcomers panic. They don't realize it's A SALE. And experienced people buy it without succumbing to emotions. Absolutely logical action, since it follows the golden rule in the world of trading - buy when the coin is cheap, and sell for expensive at the top of the price. In the future, the price of bitcoin may fall even lower, so now you should not buy with ALL the money. It is always necessary to leave financial room for maneuver. In our case - additional purchases. Keeping bitcoin without sales and purchases is not right. I think you should always balance between BTC and USDT.

[nurilham]

Those who are holding bitcoins for a long time, saying that they invest and hold bitcoins for the sake of technology are the ones who are trying to lie. I'm pretty sure the majority of people hold bitcoins for the money and not for the second reason. If bitcoin were not profitable but only used as a payment method, I'm sure bitcoin wouldn't be as popular as it is today.

Indeed. The main reason why people hold Bitcoin should be its profits. If Bitcoin isn't a profitable asset, surely people won't hold it because people have no advantage for its future. Specifically, people are trying to hold Bitcoin for the long term, it is because Bitcoin potentially multiplies its price significantly in the future. So, people seem to not hold Bitcoin for the long term if Bitcoin is only used as a digital currency without the potential profits.

[savetheFORUM]

When the cryptocurrency falls, newcomers panic. They don't realize it's A SALE. And experienced people buy it without succumbing to emotions. Absolutely logical action, since it follows the golden rule in the world of trading - buy when the coin is cheap, and sell for expensive at the top of the price. In the future, the price of bitcoin may fall even lower, so now you should not buy with ALL the money. It is always necessary to leave financial room for maneuver. In our case - additional purchases. Keeping bitcoin without sales and purchases is not right. I think you should always balance between BTC and USDT.

We shouldn't generalize them because I believe that there are still newcomers who are fully equipped with knowledge before they get their hands on Bitcoin. Meanwhile, those who panic sell when the price is dumping are also the same people who also panic buying after they see that the price of Bitcoin is skyrocketing.

This is wrong because this isn't the rule of investing/trading. In the future, it's expected that the price of Bitcoin will grow bigger because of the growing adoption but there are times where the price will fall down only to follow the cycle and that is also to give people a chance to re-buy right after they sell on the bull period.

[$crypto$]

Those who are holding bitcoins for a long time, saying that they invest and hold bitcoins for the sake of technology are the ones who are trying to lie. I'm pretty sure the majority of people hold bitcoins for the money and not for the second reason. If bitcoin were not profitable but only used as a payment method, I'm sure bitcoin wouldn't be as popular as it is today.

Indeed. The main reason why people hold Bitcoin should be its profits. If Bitcoin isn't a profitable asset, surely people won't hold it because people have no advantage for its future. Specifically, people are trying to hold Bitcoin for the long term, it is because Bitcoin potentially multiplies its price significantly in the future. So, people seem to not hold Bitcoin for the long term if Bitcoin is only used as a digital currency without the potential profits.

Because looking at the history of how bitcoin has increased dramatically, imagine bitcoin from starting at $1 to reaching $69k as ATH before, how can people not be tempted by this, their thinking of holding bitcoin is clear they want even bigger profits in the future, let alone waiting after their halving, of course always calling it will reach new ATH again.
Not only in technology or usability but in terms of return many people are going there, my own example is how to hold bitcoin long term so it's clear that it is for the next bull run.

[CryptoBuds]

Those who are holding bitcoins for a long time, saying that they invest and hold bitcoins for the sake of technology are the ones who are trying to lie. I'm pretty sure the majority of people hold bitcoins for the money and not for the second reason. If bitcoin were not profitable but only used as a payment method, I'm sure bitcoin wouldn't be as popular as it is today.

Indeed. The main reason why people hold Bitcoin should be its profits. If Bitcoin isn't a profitable asset, surely people won't hold it because people have no advantage for its future. Specifically, people are trying to hold Bitcoin for the long term, it is because Bitcoin potentially multiplies its price significantly in the future. So, people seem to not hold Bitcoin for the long term if Bitcoin is only used as a digital currency without the potential profits.

Because looking at the history of how bitcoin has increased dramatically, imagine bitcoin from starting at $1 to reaching $69k as ATH before, how can people not be tempted by this, their thinking of holding bitcoin is clear they want even bigger profits in the future, let alone waiting after their halving, of course always calling it will reach new ATH again.
Not only in technology or usability but in terms of return many people are going there, my own example is how to hold bitcoin long term so it's clear that it is for the next bull run.

That's right, I remember being first introduced to bitcoin and being fascinated by its volatility, I had little interest in the technology or other utilities. Now that I know more about bitcoin, I like its decentralization, but still I don't want to lie that profit is still what I care about most.
I think if my friend just introduced bitcoin and just talked about the technology and its features without mentioning the volatility and profit it brings, I definitely wouldn't be in the market at that time.

[Alisha-k]

Peer pressure 😂.
Funny enough, I know people who hodl their coins simply because others are holding as well, the probably don't want to look like the odd 1 in the midst of their peers

The 2nd question is majorly because the market structure is majority of the times not predictable, while waiting for the prices of coins to keep going upward, the may not know when the bear would occur.

And lastly, I hodl to sell at a fair and favourable market price, not necessary the highest price though, and then when there is a bear, I buy.

[Odusko]

First, we need to separate Bitcoin holders into two categories which are, those who invest for a short-term speculative purpose and those who hold Bitcoin for long-term goals.
Both may have a similar motive but their differences in mode and model, and what ops explain is just one segment and his analysis focused only on buy and selling of bitcoin, and even though he did a good job in analyzing that, it makes more sense to add the other segment and to answers ops questions pf if anyone holds for holding sake the answer is yes.
We have lots of people who pick their motivation from others and as long as those they get motivation from keep holding, they find their strength to also hold.
But for a short-term base, it is better to buy low and sell high that is the basic mechanism that does not require special skills to practice.

[nullama]

First, we need to separate Bitcoin holders into two categories which are, those who invest for a short-term speculative purpose and those who hold Bitcoin for long-term goals.
Both may have a similar motive but their differences in mode and model, and what ops explain is just one segment and his analysis focused only on buy and selling of bitcoin, and even though he did a good job in analyzing that, it makes more sense to add the other segment and to answers ops questions pf if anyone holds for holding sake the answer is yes.
We have lots of people who pick their motivation from others and as long as those they get motivation from keep holding, they find their strength to also hold.
But for a short-term base, it is better to buy low and sell high that is the basic mechanism that does not require special skills to practice.

Although some people might end up making some money by "buying low and selling high", you need to consider that first of all, most traders end up losing money. Also, you need to consider capital gains tax if you actually end up earning money, and of course the exchange fees.

Also, you have to include all the time and attention you're using trying to predict the prices of Bitcoin in the short term, which is actually not possible.

I personally find that simply saving your money in Bitcoin gives you the best return of investment. You can also live your life, and spend attention and time doing what's valuable to you, instead of having to track the price of Bitcoin all the time.

[jokers10]

Peer pressure 😂.
Funny enough, I know people who hodl their coins simply because others are holding as well, the probably don't want to look like the odd 1 in the midst of their peers
...

Yeap, sometimes happens so. And that's one of the worst things both for traders and for investors as if to do what all others do you maximize your risks of losing: a crowd rarely behaves reasonably. And especially in crypto where as we know manipulators try always to go against majority expectations. But well, even if to keep in mind all that, sometimes we all anyway give in to "peer pressure".

[Henrobakkara]

~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

When the cryptocurrency falls, newcomers panic. They don't realize it's A SALE. And experienced people buy it without succumbing to emotions. Absolutely logical action, since it follows the golden rule in the world of trading - buy when the coin is cheap, and sell for expensive at the top of the price. In the future, the price of bitcoin may fall even lower, so now you should not buy with ALL the money. It is always necessary to leave financial room for maneuver. In our case - additional purchases. Keeping bitcoin without sales and purchases is not right. I think you should always balance between BTC and USDT.

Right, so I really don't get the logic of HODL forever without taking advantage of the market opportunities as in the Bull and Bear markets. I still believe in the idea of investment which is making a profit hence it is practically OK for you to sell your Bitcoin so long as you are doing it the right way of buying lower and selling higher, taking profits and doing it again around the market circle. 

[S A KHAIR]

~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

When the cryptocurrency falls, newcomers panic. They don't realize it's A SALE. And experienced people buy it without succumbing to emotions. Absolutely logical action, since it follows the golden rule in the world of trading - buy when the coin is cheap, and sell for expensive at the top of the price. In the future, the price of bitcoin may fall even lower, so now you should not buy with ALL the money. It is always necessary to leave financial room for maneuver. In our case - additional purchases. Keeping bitcoin without sales and purchases is not right. I think you should always balance between BTC and USDT.

Right, so I really don't get the logic of HODL forever without taking advantage of the market opportunities as in the Bull and Bear markets. I still believe in the idea of investment which is making a profit hence it is practically OK for you to sell your Bitcoin so long as you are doing it the right way of buying lower and selling higher, taking profits and doing it again around the market circle. 

No one forces you to hold, if you have the ability to make a profit, you should not ignore it. Holders because they don't want to take risks in the short term, the trade may or may not be profitable, but holding will almost certainly be profitable. I also want to hold bitcoin long term, I believe long-term bitcoin will give a better return than trading.

[hitsnorth]

~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

When the cryptocurrency falls, newcomers panic. They don't realize it's A SALE. And experienced people buy it without succumbing to emotions. Absolutely logical action, since it follows the golden rule in the world of trading - buy when the coin is cheap, and sell for expensive at the top of the price. In the future, the price of bitcoin may fall even lower, so now you should not buy with ALL the money. It is always necessary to leave financial room for maneuver. In our case - additional purchases. Keeping bitcoin without sales and purchases is not right. I think you should always balance between BTC and USDT.

Right, so I really don't get the logic of HODL forever without taking advantage of the market opportunities as in the Bull and Bear markets. I still believe in the idea of investment which is making a profit hence it is practically OK for you to sell your Bitcoin so long as you are doing it the right way of buying lower and selling higher, taking profits and doing it again around the market circle. 

That's true. I don't want to hold my BTC forever too, but I haven't seen a price that would be enough for me to sell my BTC. Eventually, I'll do that, and if it drops I'll buy it again.

[BenCodie]

~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

When the cryptocurrency falls, newcomers panic. They don't realize it's A SALE. And experienced people buy it without succumbing to emotions. Absolutely logical action, since it follows the golden rule in the world of trading - buy when the coin is cheap, and sell for expensive at the top of the price. In the future, the price of bitcoin may fall even lower, so now you should not buy with ALL the money. It is always necessary to leave financial room for maneuver. In our case - additional purchases. Keeping bitcoin without sales and purchases is not right. I think you should always balance between BTC and USDT.

Right, so I really don't get the logic of HODL forever without taking advantage of the market opportunities as in the Bull and Bear markets. I still believe in the idea of investment which is making a profit hence it is practically OK for you to sell your Bitcoin so long as you are doing it the right way of buying lower and selling higher, taking profits and doing it again around the market circle. 

No one forces you to hold, if you have the ability to make a profit, you should not ignore it. Holders because they don't want to take risks in the short term, the trade may or may not be profitable, but holding will almost certainly be profitable. I also want to hold bitcoin long term, I believe long-term bitcoin will give a better return than trading.

The best strategy is to balance your necessities with your holdings to enable you to hold for a long period of time. In conjunction with what you said, this means capitalizing when it is necessary to capitalize. Take small amounts on the rises and with the excess profit, buy back lower later. Keep a small reserve for this strategy while locking away your lifetime savings in a cold wallet. A good balance means longer hold and more gains without pain along the way!

[White pawn]

Number 1, yes there are people who hold because others are holding. They hold till price increases and they don't sell off, price crashes back again and they continue to hold. Answer to your 2nd question. Alot of people keep holding because they do not know when and how to sell off and then buy back quickly at cheaper price. My reason for holding is to make more profit when it appreciates in price. I do not want to hold for the sake of holding without making profit from it.

There are definitely people who buy and hold bitcoin cause others are doing same. I think those category of people do not or would not know when to sell cause the people they know who are also holding aren’t selling.
They haven’t got a mind of their own and do things cause others are doing it. They probably acquired bitcoin in the first place cause people they know are buying.
I think a majority of people with bitcoin assets are and have been holding cause of the ability to make some good profits.

[danadc]

~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

When the cryptocurrency falls, newcomers panic. They don't realize it's A SALE. And experienced people buy it without succumbing to emotions. Absolutely logical action, since it follows the golden rule in the world of trading - buy when the coin is cheap, and sell for expensive at the top of the price. In the future, the price of bitcoin may fall even lower, so now you should not buy with ALL the money. It is always necessary to leave financial room for maneuver. In our case - additional purchases. Keeping bitcoin without sales and purchases is not right. I think you should always balance between BTC and USDT.

Right, so I really don't get the logic of HODL forever without taking advantage of the market opportunities as in the Bull and Bear markets. I still believe in the idea of investment which is making a profit hence it is practically OK for you to sell your Bitcoin so long as you are doing it the right way of buying lower and selling higher, taking profits and doing it again around the market circle. 

No one forces you to hold, if you have the ability to make a profit, you should not ignore it. Holders because they don't want to take risks in the short term, the trade may or may not be profitable, but holding will almost certainly be profitable. I also want to hold bitcoin long term, I believe long-term bitcoin will give a better return than trading.

That is true, people who have Bitcoin can do what they want with their Bitcoin, because it is their money and they decide how to spend it or how to save it, what we are trying to say here are the benefits that are obtained by having it. in hold mode it is much better because it can become a million-dollar investment and without spending so much time. If a person wants to sell and that is their decision, then they have to quit, just not complain that they sold their bitcoin for $21,000 when they could have sold it for more than $100,000, because when bitcoin goes up is when they will regret it.

[abel1337]

~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

When the cryptocurrency falls, newcomers panic. They don't realize it's A SALE. And experienced people buy it without succumbing to emotions. Absolutely logical action, since it follows the golden rule in the world of trading - buy when the coin is cheap, and sell for expensive at the top of the price. In the future, the price of bitcoin may fall even lower, so now you should not buy with ALL the money. It is always necessary to leave financial room for maneuver. In our case - additional purchases. Keeping bitcoin without sales and purchases is not right. I think you should always balance between BTC and USDT.

Right, so I really don't get the logic of HODL forever without taking advantage of the market opportunities as in the Bull and Bear markets. I still believe in the idea of investment which is making a profit hence it is practically OK for you to sell your Bitcoin so long as you are doing it the right way of buying lower and selling higher, taking profits and doing it again around the market circle. 

No one forces you to hold, if you have the ability to make a profit, you should not ignore it. Holders because they don't want to take risks in the short term, the trade may or may not be profitable, but holding will almost certainly be profitable. I also want to hold bitcoin long term, I believe long-term bitcoin will give a better return than trading.

That is true, people who have Bitcoin can do what they want with their Bitcoin, because it is their money and they decide how to spend it or how to save it, what we are trying to say here are the benefits that are obtained by having it. in hold mode it is much better because it can become a million-dollar investment and without spending so much time. If a person wants to sell and that is their decision, then they have to quit, just not complain that they sold their bitcoin for $21,000 when they could have sold it for more than $100,000, because when bitcoin goes up is when they will regret it.

As long as we have the full access of bitcoin that we have, We can hold it as long as we can and sell it as early as we can. It is the owner decision on what do he want's with his bitcoin procession. People are recommending to hold bitcoin for a long time since it is proven that it appreciates over the time and you can get profits from it by not selling. Though if you badly needed to sell to put the money on different things it is alright to sell especially if you gained profit from it or the money you need will also generate money faster than waiting bitcoin to appreciate. Just don't be like the old me where the money I got from selling bitcoin where put into non-sense self gratification things that depreciates over the time and regretted it after seeing the price blows up. It's a matter of decision on how you will do with your bitcoin, It's yours and yours only.

[kawetsriyanto]

No one forces you to hold, if you have the ability to make a profit, you should not ignore it. Holders because they don't want to take risks in the short term, the trade may or may not be profitable, but holding will almost certainly be profitable. I also want to hold bitcoin long term, I believe long-term bitcoin will give a better return than trading.

It is your right to hold for a long term or a short term. But taking profits is something for sure.
No one invests his money for no hope of profits. Everyone expects the profits if they invests money. It is different when a person saves/keeps fiats on the bank, they never expect for profits. Holding Bitcoin is just temporary, everyone must sell their Bitcoin. So, it is always okay to sell our Bitcoin if the profits meet our target.

[Jatiluhung]

Today I got the opportunity to accumulate more bitcoins. because some of the fud that continues to appear, the bitcoin price has been corrected. and this further strengthens me to add back my bitcoin holdings.

I am one of those who choose to hodling because from the start my plan was long term. but yeah it's okay if people sell when the price goes up and buy back every time the price goes down. it is freedom for everyone who invest in bitcoin.

[Lanatsa]

No one forces you to hold, if you have the ability to make a profit, you should not ignore it. Holders because they don't want to take risks in the short term, the trade may or may not be profitable, but holding will almost certainly be profitable. I also want to hold bitcoin long term, I believe long-term bitcoin will give a better return than trading.

It is your right to hold for a long term or a short term. But taking profits is something for sure.
No one invests his money for no hope of profits. Everyone expects the profits if they invests money. It is different when a person saves/keeps fiats on the bank, they never expect for profits. Holding Bitcoin is just temporary, everyone must sell their Bitcoin. So, it is always okay to sell our Bitcoin if the profits meet our target.

We do have our sell levels
We do have our tolerance
We do have our own targets

This is why each of us would really be neither be selling when there's a pump or would really be doing nothing at all.When it comes to selling then its none others business
on whatever actions you would be making in your actions.

As long you are making profits or really in positive then profit is profit as always which is good.

[nullama]

Today I got the opportunity to accumulate more bitcoins. because some of the fud that continues to appear, the bitcoin price has been corrected. and this further strengthens me to add back my bitcoin holdings.

I am one of those who choose to hodling because from the start my plan was long term. but yeah it's okay if people sell when the price goes up and buy back every time the price goes down. it is freedom for everyone who invest in bitcoin.

Well, you have to remember that everyone's price is different.

Some people selling now might have bought it in 2012.

At the end of the day, the more time you wait, the more value for your Bitcoins you should be able to get.

But also, it's a great way of paying for things. You can always buy and replace, if you're paid in fiat. That way you keep your Bitcoin stack, and also get to pay in Bitcoin. Best of both worlds.

[Cryptomiles1]

In the current situation, selling is not the best option but of course, if it is really necessary to sell them, then just go.

If you are buying them at the $18,000 you are earning already, it is somewhat not a bad decision either. If you can hold it long and wait for the next bull season, it is really more profit to get. But of course, we can't simply think that it goes high continuously this time that is why we can see that some people are selling some of their Bitcoin and I know they will still use it to reinvest when the price drops back again.

One thing I understand about people trying to sell their bitcoin is that they might be in need of it either to sort out some bills that surrounds them and also wanting to do DCA this methods have help me so much, at some points I felt like selling my bitcoin was a sin little did I know that I was doing my self good after I sold, I bought back very low. But in most case when the market is on bull trends I don't advise to just sell of your bitcoin rather keep holding and watch the market to see the next price action before hitting the sell button.

[idrisalomagold]

It is ok to sell your Bitcoin?

Yes, it is generally okay to sell Bitcoin if you own it and wish to sell it for cash or another form of currency. Bitcoin is a decentralized digital currency that can be bought and sold on various cryptocurrency exchanges. The decision to sell Bitcoin is a personal one and depends on various factors such as financial goals, investment strategy, and market conditions.

However, it's worth noting that the value of Bitcoin can be quite volatile, meaning that its price can fluctuate rapidly in a short period of time. As with any investment, there are risks involved, and it's important to do your own research and understand the risks before making any investment decisions.

It's also important to be aware of any tax implications of selling Bitcoin, as the tax laws surrounding cryptocurrencies can be complex and vary depending on the country or region in which you reside. It may be a good idea to consult with a tax professional to understand the tax implications of selling Bitcoin in your specific situation.

[siniminomorocomunisakito]

As you can see, there's a reason why most people want to sell their bitcoin: it's because they're afraid of losing money. To them, it's much easier to hold BTC since they don't want to watch their investments disappear in the market. However, this same fear often appears among seasoned investors.

Hodling, as opposed to trading, is probably the biggest reason why so many people are attracted to this cryptocurrency. It is a mental thing that each person basically has to decide for himself or herself. The most important thing to remember is that, if you're planning to hodl, that's ok too. Chances are, you're not alone.

[fzkto]

In the current situation, selling is not the best option but of course, if it is really necessary to sell them, then just go.

If you are buying them at the $18,000 you are earning already, it is somewhat not a bad decision either. If you can hold it long and wait for the next bull season, it is really more profit to get. But of course, we can't simply think that it goes high continuously this time that is why we can see that some people are selling some of their Bitcoin and I know they will still use it to reinvest when the price drops back again.

One thing I understand about people trying to sell their bitcoin is that they might be in need of it either to sort out some bills that surrounds them and also wanting to do DCA this methods have help me so much, at some points I felt like selling my bitcoin was a sin little did I know that I was doing my self good after I sold, I bought back very low. But in most case when the market is on bull trends I don't advise to just sell of your bitcoin rather keep holding and watch the market to see the next price action before hitting the sell button.

You're right, it's not a good idea to sell bitcoins if you haven't had time to do so at 60k or 40k. Especially now it is dangerous to sell it when the market is not far from the bottom. The only thing left for any investor to do now is to hold. But it should be noted that the closer the bottom is, the more nervous it gets. Many people have sold just because of this and ended up losing money.

[Picaflor]

Selling is bad, because when you sell BTC, you have less BTC and your ability to fuck the state diminishes.
It makes you more of a slave, it makes you weak and powerless.

[nullama]

Selling is bad, because when you sell BTC, you have less BTC and your ability to fuck the state diminishes.
It makes you more of a slave, it makes you weak and powerless.

Bitcoin is money in the end, and you can of course use money to buy goods and services.

The key is to spend less than what you make, therefore always saving money.

Saving in Bitcoin gives you a better long term return than any other fiat currency.

Instead of having to invest in something, you can simply save money for the long term.

[jokers10]

Selling is bad, because when you sell BTC, you have less BTC and your ability to fuck the state diminishes.
It makes you more of a slave, it makes you weak and powerless.

Well okay, but if you hodl your bitcoins forever what impact does it have on you, on bitcoin, on economy in general? If money don't flow they are dead. If you want bitcoin to become stronger and be wider spread it should be used in different purposes all the time, the more often the better. It both gives sense to bitcoin and makes it more attractive to potential users.

[Picaflor]

Well okay, but if you hodl your bitcoins forever what impact does it have on you, on bitcoin, on economy in general? If money don't flow they are dead. If you want bitcoin to become stronger and be wider spread it should be used in different purposes all the time, the more often the better. It both gives sense to bitcoin and makes it more attractive to potential users.

Selling and spending are not the same.

What I mean by selling is when you buy BTC as an investment, to sell at a higher price. Nothing wrong with that, but selling for fiat means you're part of the system. You're using their fiat money, on their terms, their rules, with their permission.

When spending, you're circumventing fiat. You're participating in a circular, Bitcoin economy. KYC-free and without taxation if you so choose. That's a big difference.

[jokers10]

...
When spending, you're circumventing fiat. You're participating in a circular, Bitcoin economy. KYC-free and without taxation if you so choose. That's a big difference.

Yes, you are right, it is an optimal way of spending and if we had an option to do so in everyday life I'd prefer to use bitcoin and may be some other cryptos mostly every time I buy smth. But main problem that at the moment I can spend bitcoins directly rather rare... so there is usually a choice between not spending at all or exchanging to fiat and spending. As bitcoin is still money you just spend it when you need as you can at the moment, right?

[cozytrade]

...
When spending, you're circumventing fiat. You're participating in a circular, Bitcoin economy. KYC-free and without taxation if you so choose. That's a big difference.

Yes, you are right, it is an optimal way of spending and if we had an option to do so in everyday life I'd prefer to use bitcoin and may be some other cryptos mostly every time I buy smth. But main problem that at the moment I can spend bitcoins directly rather rare... so there is usually a choice between not spending at all or exchanging to fiat and spending. As bitcoin is still money you just spend it when you need as you can at the moment, right?

I think Bitcoin is very necessary for us now.  Because the price of bitcoin is increasing a lot. We will see that those who can hold bitcoin will make a lot of money from this bitcoin after a few days. In that case, what we have to do is to try to hold bitcoin. And if we spend bitcoin now, then for us.  I think it is a great loss.

[laurenB7742]

Selling is bad, because when you sell BTC, you have less BTC and your ability to fuck the state diminishes.
It makes you more of a slave, it makes you weak and powerless.

If you sell bitcoin when you need money for an emergency or to take a profit, there is nothing bad here. Bitcoin is just money, and the purpose of investing in bitcoin is to serve our lives, it serves us, we do not serve it, and we will become its slaves if we hold it forever and do not use it. Bitcoin is not something that is too difficult to buy, if you have a lot of money, you can buy it whenever you want.

I've sold my bitcoins many times before and then bought them back when I got the money, I don't feel bad. On the contrary, I feel satisfied selling bitcoin, it really helps my life.

[reagansimms]

So my question is:
Do people hodl just because others are HODLing?

No, every trader/investor has different targets, they survive not because other people hold. They have a goal of maintaining their assets through the ups and downs. When the price reaches the initial target, they will release it according to the concept of buying low and selling high.

Why so people hold rather than sell and buy again when low

They have considered all their decisions wisely, some of them have also predicted price movements from time to time.
It takes patience to control your emotions when you see big profits, when in this position I will usually sell some of the assets I have and hold some of them.

What is your major reason for HODLing and how do your survive the bear market?

Actually the method is very simple. After putting some assets into the wallet, leave your assets there without doing anything for a long time. Then you can check the portfolio again when the time is right to sell it, believe me patience very often ends with a smile.

[indah rezqi]

Actually the method is very simple. After putting some assets into the wallet, leave your assets there without doing anything for a long time. Then you can check the portfolio again when the time is right to sell it, believe me patience very often ends with a smile.

Simply put, ignore market volatility and store those bitcoins in recommended wallets.
It is hoped that holders will not be affected by market fluctuations for various reasons, and it would be better if they consider investing and accumulating as much as they can afford.

If you feel that there is a possibility that the price will decrease, then DCA is worth considering. But whatever it is, if this investment projection is for the long term then they should ignore price volatility.

[Chatgpt-fancommunity]

YOLO, man! HODL that Bitcoin! Why spend it now when you can be a Bitcoin millionaire tomorrow? Or the day after tomorrow? Or maybe next week? The crypto gods will smile upon us, my friend! To the moon! 🚀

[GigaBit]

...
When spending, you're circumventing fiat. You're participating in a circular, Bitcoin economy. KYC-free and without taxation if you so choose. That's a big difference.

Yes, you are right, it is an optimal way of spending and if we had an option to do so in everyday life I'd prefer to use bitcoin and may be some other cryptos mostly every time I buy smth. But main problem that at the moment I can spend bitcoins directly rather rare... so there is usually a choice between not spending at all or exchanging to fiat and spending. As bitcoin is still money you just spend it when you need as you can at the moment, right?

I think Bitcoin is very necessary for us now.  Because the price of bitcoin is increasing a lot. We will see that those who can hold bitcoin will make a lot of money from this bitcoin after a few days. In that case, what we have to do is to try to hold bitcoin. And if we spend bitcoin now, then for us.  I think it is a great loss.

Bitcoin should not be valued based on its only the price. It is very important to acquire enough knowledge about Bitcoin. Especially when a Bitcoin holder is able to fully understand how it is benefiting people in real life and its contribution and potential in the long term, he will not want to give up Bitcoin easily. Moreover, after acquiring this knowledge, a Bitcoin holder can easily gain sufficient knowledge about his actions. However, those who sell their bitcoins after knowing the truth of bitcoin that they may be under financial pressure that forced to sell their bitcoins. Those who have a bad financial situation but are able to manage it in some other way will definitely be able to fulfill their dreams from Bitcoin.

[riantolie]

YOLO, man! HODL that Bitcoin! Why spend it now when you can be a Bitcoin millionaire tomorrow? Or the day after tomorrow? Or maybe next week? The crypto gods will smile upon us, my friend! To the moon! 🚀

Well, that's true. But I think every person can, or at least should make his own decisions about finances. We may never know why exactly did he or didn't do something, it's not for us to judge.

[Picaflor]

~ Why do people hodl rather than sell and buy again when low

Any BTC price is low. 15k was low, 69k was low; 1m which we haven't seen yet, is low too. And so is 100m.

Those who bought BTC when it was $1 and have held it until now, have probably done much better than anyone trying to time the market.
There are, however, not many such people. Those who bought at $1 sold it at $10, those who bought at $10 sold at $100. Then maybe bought again out of FOMO when it hit $500 and lost by selling on a dip to $50. A nerve-racking game. Meanwhile, those who have held have made a 20000x. It's much easier and less stressful to stop watching the charts and keep holding until you stop DCAing in (a.k.a. retirement), because the ultimate value of BTC is infinity.

[Bitcoin_people]

So my question is:
~ Do people hodl just because others are HODLing?

I think most people feel most interested in investing in Bitcoin.  And Bitcoin investors more or less want to hold for the future.  And people believe that Bitcoin has the potential to reach a higher level in the future. That is why people are interested in holding.

~ Why do people hodl rather than sell and buy again when low

The Bitcoin market is seen to fluctuate a lot most of the time.  Ups and downs are the religion of the crypto market. When the bitcoin market is bearish people buy more bitcoins instead of selling them. And there are some investors who buy when the price of Bitcoin falls and then sell when the market rises.  But most investors buy bitcoins and hold them for the future rather than selling them. They believe that Bitcoin will grow a lot in the future and reach a good point.

~ What is your major reason for HODLing and how do your survive the bear market?

The current market condition is much worse than before. and surviving this bear market is very difficult for some investors. But those who are interested in holding have no headache to survive in the market. Investors think that the Bitcoin market will recover their losses sooner or later. and they invest for a long time and have a lot of patience. And the bitcoin market will grow like a bull run later in time, it is the opinion of various investors, so it is better to hold patiently.

[pawel7777]

Do you realize that in order to reach $1 million market cap should be around 21 000 000 000 000? I can't say that's not possible, but that's a pretty big goal and I'm not sure if we'll ever see that. When people say that BTC's value is infinite it sounds kinda crazy, like you're from a cult.

That's right. People like to toss around big numbers without giving it much thought. To put things into perspective:

The total global value of gold in existence (including gold-backed ETFs but excluding underground reserves: $11.5 trillion
The total value of global tangible currency (banknotes and coins): $8 trillion
Total assets of world's top 4 largest central banks (Fed, ECB, PBoC, BoJ): $28 trillion

Data from 2022. Source: visualcapitalist.com

[Oilacris]

~ Why do people hodl rather than sell and buy again when low

Any BTC price is low. 15k was low, 69k was low; 1m which we haven't seen yet, is low too. And so is 100m.

Those who bought BTC when it was $1 and have held it until now, have probably done much better than anyone trying to time the market.
There are, however, not many such people. Those who bought at $1 sold it at $10, those who bought at $10 sold at $100. Then maybe bought again out of FOMO when it hit $500 and lost by selling on a dip to $50. A nerve-racking game. Meanwhile, those who have held have made a 20000x. It's much easier and less stressful to stop watching the charts and keep holding until you stop DCAing in (a.k.a. retirement), because the ultimate value of BTC is infinity.

Do you realize that in order to reach $1 million market cap should be around 21 000 000 000 000? I can't say that's not possible, but that's a pretty big goal and I'm not sure if we'll ever see that. When people say that BTC's value is infinite it sounds kinda crazy, like you're from a cult.

Being optimistic isnt really that bad but of course it should really be backed up with some realistic approach.Even myself would really say up that 1m/coin isnt really just something that could happen even in our dreams considering on how much recognition and adoption we do really need up before it could reach up huge numbers.Considering on what would be the cap then it is something
that not possible.I cant blame out those people who do make out those kind of hopes or expectations but they should lower their standard and expectations so that they wont get
end up on waiting up like forever.

Set out realistic limits so that you wont really be making yourself look like a fool on waiting something that cant happen.

[nullama]

~snip~
Do you realize that in order to reach $1 million market cap should be around 21 000 000 000 000? I can't say that's not possible, but that's a pretty big goal and I'm not sure if we'll ever see that. When people say that BTC's value is infinite it sounds kinda crazy, like you're from a cult.

To put more things into perspective:

The current market cap of Bitcoin is about US$467 Billion.

In 2021, US$650 Billion were printed out of thin air in the form of new SDR:

"IMF Governors Approve a Historic US$650 Billion SDR Allocation of Special Drawing Rights"

[panganib999]

Selling is bad, because when you sell BTC, you have less BTC and your ability to fuck the state diminishes.
It makes you more of a slave, it makes you weak and powerless.

Ahh, how I envy the naive.

But seriously though, whatever you think of bitcoin, especially those that make you think it's the coin of the revolution, or anything under that regard, forget about it.

Bitcoin is great because it's decentralized and encrypted, and that's good because as you have said, "it fucks the state". However, bitcoin also thrives in the same boat as capitalism, so in totality, without capitalism, or at least without an ideology that supports the production of something, and then completely owning it and thriving from it, we wouldn't have the stocks, and in adjacent bitcoin.

Besides, bitcoin in its best state is good as a store of value, if you want it to be used as a currency I'm sorry but the ship has sailed.

Footnote: "the ability to fuck the state" is the least of your worries when you find out that your money's being drained by the highs and lows of the market and you're risking starvation. Not everyone is as privileged as you are to think of "fucking the state" when they first bought bitcoin. If you can't wrap your head around the fact that bitcoin is as capitalistic as anything basically is, at least have some compassion for the people who thought of bitcoin as a way to earn extra money.

[LowRezStudios]

It's ok for one to sell some of their bitcoin.

It's weird if they sell all of it tbh.

Hodlnaughty ya know?

[nullama]

~snip~
Besides, bitcoin in its best state is good as a store of value, if you want it to be used as a currency I'm sorry but the ship has sailed.

What do you mean by that?

It's used everyday as currency in El Salvador, Central Africa Republic, Lugano(Switzerland), Prospera(Honduras), and others.

It's also used everyday as a currency through lightning everywhere in the world in different ways (stacker.news for example)

And more payment processors that help businesses accept Bitcoin are appearing, like OpenNode, and many others.

And most importantly, you can buy socks with it: https://www.mtsocks.com

[jokers10]

I think Bitcoin is very necessary for us now.  Because the price of bitcoin is increasing a lot. We will see that those who can hold bitcoin will make a lot of money from this bitcoin after a few days. In that case, what we have to do is to try to hold bitcoin. And if we spend bitcoin now, then for us.  I think it is a great loss.

It is not mandatory that bitcoin will grow in rates a lot in the future. We know that it is a deflationary asset but that is not about volatility we see at the moment. So no guarantee it will become more and more expensive significantly. And if it is an only benefit you see in bitcoin one day you can be disappointed when it will not go to the previous ATH for years and years. I see lots of benefits besides that and that's why I prefer spend any fiat first. If it will grow up it is good, but I'm not relying on that only.

[Cantsay]

It's ok for one to sell some of their bitcoin.

It's weird if they sell all of it tbh.

Hodlnaughty ya know?

I don't see anything weird in someone selling his/her assets. If they decide to sell part of it or sell everything it's their decision to make and only them know the reason why they choose to sell it off their holdings. The only things that will be weird is if they're selling because of some meaningless reason.

[nurilham]

Selling is bad, because when you sell BTC, you have less BTC and your ability to fuck the state diminishes.
It makes you more of a slave, it makes you weak and powerless.

Selling is good as long as you gain profits. It is wrong to say 'bad' for selling, everyone must sell their Bitcoin. I am sure that no investor wants to hold their Bitcoin forever, there should be a time to sell. Selling doesn't mean to make you weak, it even makes your funds stronger if you can sell at the right time. Getting profits will increase your funds, you can buy a bigger number of BTC. However, you must know well crypto market trend and you must have the ability to analyze when the right time to rebuy Bitcoin.

[Quidat]

Selling is bad, because when you sell BTC, you have less BTC and your ability to fuck the state diminishes.
It makes you more of a slave, it makes you weak and powerless.

Selling is good as long as you gain profits. It is wrong to say 'bad' for selling, everyone must sell their Bitcoin. I am sure that no investor wants to hold their Bitcoin forever, there should be a time to sell. Selling doesn't mean to make you weak, it even makes your funds stronger if you can sell at the right time. Getting profits will increase your funds, you can buy a bigger number of BTC. However, you must know well crypto market trend and you must have the ability to analyze when the right time to rebuy Bitcoin.

We buy something because we are aiming on selling it on profits and theres nothing bad with that.It is really just that will be basing on someones target and goals because not all would really be holding like forever and there are ones who would really be doing some short.Its not bad to sell if you are in need of money even if isnt the right time but as long as possible you should be finding ways on avoiding on spending those coins when you do still have other methods or ways for you to make use of specially with some fiat problems. If you dont have really no choice then you would really be on that last resort
of things which i dont see for it to be bad after all.

[Pesona1]

It's ok for one to sell some of their bitcoin.

It's weird if they sell all of it tbh.

Hodlnaughty ya know?

I don't see anything weird in someone selling his/her assets. If they decide to sell part of it or sell everything it's their decision to make and only them know the reason why they choose to sell it off their holdings. The only things that will be weird is if they're selling because of some meaningless reason.

Yes that's right, we can't influence or even interfere with someone right to do what he likes, they want to sell, hold or buy of course it's up to them unless they sell someone else asset of course that's not a good deed😁, currently the market conditions are changing starting to improve certainly makes it possible for someone to hold  and gives hope for them to get a bigger profit than when they buy at a low price, while some of those who hold because they buy at a high price and currently give hope that they might be able to cut losses.
but of the core, everyone has their own method of trading or investing in crypto.

[Inwestour]

We buy something because we are aiming on selling it on profits and theres nothing bad with that.It is really just that will be basing on someones target and goals because not all would really be holding like forever and there are ones who would really be doing some short.Its not bad to sell if you are in need of money even if isnt the right time but as long as possible you should be finding ways on avoiding on spending those coins when you do still have other methods or ways for you to make use of specially with some fiat problems. If you dont have really no choice then you would really be on that last resort
of things which i dont see for it to be bad after all.

Everyone can set certain goals for themselves when they are ready to sell, but this raises another question, after we sell bitcoins, how then to protect funds from inflation?

Do you understand what is the point? Now I buy bitcoin and I consider it a good defensive asset against inflation, but when the price reaches 100k or 200k and I sell bitcoin, the problem will be relevant again, my money will be subject to inflation and I will again have to think about how to protect it from it.

I say this to the fact that perhaps there is no point in selling bitcoins, perhaps this will be one of the most reliable ways to store our funds for a long time. And by then, perhaps adoption will have become more widespread and we will be able to buy goods with bitcoins without any problems.

[nullama]

~snip~
Everyone can set certain goals for themselves when they are ready to sell, but this raises another question, after we sell bitcoins, how then to protect funds from inflation?

Do you understand what is the point? Now I buy bitcoin and I consider it a good defensive asset against inflation, but when the price reaches 100k or 200k and I sell bitcoin, the problem will be relevant again, my money will be subject to inflation and I will again have to think about how to protect it from it.

I say this to the fact that perhaps there is no point in selling bitcoins, perhaps this will be one of the most reliable ways to store our funds for a long time. And by then, perhaps adoption will have become more widespread and we will be able to buy goods with bitcoins without any problems.

Yeah, I agree.

I tend to think of it as "buying fiat with Bitcoin" instead of selling Bitcoin to emphasize what you're actually doing. If you think like that, then it makes little sense, because you're trading a great asset for an inferior one.

Of course in some cases you need to use fiat for an intermediary step to actually buy an asset, but to simply keep fiat?, makes little or no sense to me.

[bangjoe]

~snip~
Everyone can set certain goals for themselves when they are ready to sell, but this raises another question, after we sell bitcoins, how then to protect funds from inflation?

Do you understand what is the point? Now I buy bitcoin and I consider it a good defensive asset against inflation, but when the price reaches 100k or 200k and I sell bitcoin, the problem will be relevant again, my money will be subject to inflation and I will again have to think about how to protect it from it.

I say this to the fact that perhaps there is no point in selling bitcoins, perhaps this will be one of the most reliable ways to store our funds for a long time. And by then, perhaps adoption will have become more widespread and we will be able to buy goods with bitcoins without any problems.

Yeah, I agree.

I tend to think of it as "buying fiat with Bitcoin" instead of selling Bitcoin to emphasize what you're actually doing. If you think like that, then it makes little sense, because you're trading a great asset for an inferior one.

Of course in some cases you need to use fiat for an intermediary step to actually buy an asset, but to simply keep fiat?, makes little or no sense to me.

I agree that saving money in the long term is stupid because it will be eroded by inflation because basically fiat is not an investment asset.

But in other respects this is a value defense mechanism and adds value or even reduces value to the value we have, if I analogize it maybe fiat-bitcoin-fiat bitcoin and so on which aims to buy when the price of bitcoin is low and sell when it already has a good profit it is estimated enough.
But when thinking that we can buy things with bitcoin in the future, I think it's too far and we don't know when it will happen, so when our bitcoin goes up, I don't think it's wrong to sell it and buy more bitcoin when the market is bearish, I think it's more appropriate.

[Woodie]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.

Selling is not a bad idea if you are selling at a premium to make some profits, isn't this the whole reason of holding as well Wait for the cow to be fattened then sell it when its ready

I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry.

This is bitcoin 101 and I believe this is a hodlers rule book demands, but looking at this from a traders perspective I think the markets will generally speak to us, for example, if say expectational order flow suggests price will continue on a bullish trajectory then, by all means, find good discounted prices to buy from before the bull is exhausted....

I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.

Agree with you, lets not try to showoff when the agenda is to withdraw, not doing so means holding on to our losses for a very long time...

Let taking out profits become a habit and not some punishment.

So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

I think it should be stated that we have two kinds of hodling, the buy your coins now then comeback after a few years to check on your assets and the other kind which is treated like a trading pair which is also the more risky one has your position can be liquidated .

Of the two types when bitcoin started off people bought held made profits and others copied, today its more about what the markets are currenntly doing.

[Obari]

It's ok for one to sell some of their bitcoin.

It's weird if they sell all of it tbh.

Hodlnaughty ya know?

It's not weird if one tried to sell all of his hodlings that's if the need be not just selling for fun sake.
You're a newbie and you really have to try as much as possible to improve your post quality as that is the only thing that guarantees your promotions and it will be best that you focus more on reading and learning rather than being in a haste to respond to topics.

I think it should be stated that we have two kinds of hodling, the buy your coins now then comeback after a few years to check on your assets and the other kind which is treated like a trading pair which is also the more risky one has your position can be liquidated .

Of the two types when bitcoin started off people bought held made profits and others copied, today its more about what the markets are currenntly doing.

People really make selling your hodlings seem like a punishment and there were times I felt bad whenever I had to sell my coin even when I'm in some form of profit and this was because I felt I wasn't doing the right thing not until I held my ground and realized it was my possessions and the decisions to sell or hodl are mine and not someone else's to make.
It really should be stated  out  the type of hodlings and I think first one you mentioned which is buying some coin and coming back after some few years is the best but can mostly be achieved with greater possessions so as not to get liquidated no matter how bad the market might go against the hodler.

[nullama]

~snip~
People really make selling your hodlings seem like a punishment and there were times I felt bad whenever I had to sell my coin even when I'm in some form of profit and this was because I felt I wasn't doing the right thing not until I held my ground and realized it was my possessions and the decisions to sell or hodl are mine and not someone else's to make.
It really should be stated  out  the type of hodlings and I think first one you mentioned which is buying some coin and coming back after some few years is the best but can mostly be achieved with greater possessions so as not to get liquidated no matter how bad the market might go against the hodler.

Yeah, absolutely.

The thing is that Bitcoin is just money. Of course it's great to have a mentality of saving more than what you spend, that's part of what makes Bitcoin great.

But the thing is that if you need to buy something, then of course you should be able to sell Bitcoin for that. That's the whole point of money, to acquire goods and services.

[jokers10]

...
People really make selling your hodlings seem like a punishment and there were times I felt bad whenever I had to sell my coin even when I'm in some form of profit and this was because I felt I wasn't doing the right thing not until I held my ground and realized it was my possessions and the decisions to sell or hodl are mine and not someone else's to make.
It really should be stated  out  the type of hodlings and I think first one you mentioned which is buying some coin and coming back after some few years is the best but can mostly be achieved with greater possessions so as not to get liquidated no matter how bad the market might go against the hodler.

Bitcoin is a deflationary asset so we expect that it will cost more in the future so FOMO will say that we could earn more or buy more, and it will be all the time! So it is good to understand that it is just possessions and you can use it when you like. In the places with a clear division of the seasons we know that some agricultural products will cost more in the winter than in the autumn, but we eat them when we want and not wait until they cost the most to feel we use it the most profitable. The same should be with bitcoins IMO, to use them when you want and not when it is ATH.

[Lanatsa]

~snip~
People really make selling your hodlings seem like a punishment and there were times I felt bad whenever I had to sell my coin even when I'm in some form of profit and this was because I felt I wasn't doing the right thing not until I held my ground and realized it was my possessions and the decisions to sell or hodl are mine and not someone else's to make.
It really should be stated  out  the type of hodlings and I think first one you mentioned which is buying some coin and coming back after some few years is the best but can mostly be achieved with greater possessions so as not to get liquidated no matter how bad the market might go against the hodler.

Yeah, absolutely.

The thing is that Bitcoin is just money. Of course it's great to have a mentality of saving more than what you spend, that's part of what makes Bitcoin great.

But the thing is that if you need to buy something, then of course you should be able to sell Bitcoin for that. That's the whole point of money, to acquire goods and services.

Whats the point on why we are trying out to earn money? For us to have something to spend,right? Therefore, it isnt really that bad to spend your Bitcoin if you are really that in need or having no other fiat option.

It is really just that there are people who are really that dead serious on holding coins no matter what.Its not bad to have that fixed mindset or goal towards your holdings.

It is really just not that all have the extra fiat money to solve out their financial issues or something that do talks on wanting to buy something.This is why it would really be
that situational if we do speak about other peoples conditions and preference on buying up on things.

[nullama]

~snip~
Whats the point on why we are trying out to earn money? For us to have something to spend,right? Therefore, it isnt really that bad to spend your Bitcoin if you are really that in need or having no other fiat option.

It is really just that there are people who are really that dead serious on holding coins no matter what.Its not bad to have that fixed mindset or goal towards your holdings.

It is really just not that all have the extra fiat money to solve out their financial issues or something that do talks on wanting to buy something.This is why it would really be
that situational if we do speak about other peoples conditions and preference on buying up on things.

Absolutely.

"Hodling Bitcoin" is simply called saving in the real world.

People save money to spend later. With Bitcoin it's the same. The more and longer you save, the more you can spend later on.

There's nothing wrong if you spend money, but of course if you spend more than what you earn, you'll end up poor. If you spend less than what you earn, you'll end up rich. Eventually. Same with Bitcoin.

[Broadanbig]

There is nothing wrong in it but there is everything wrong in selling everything. As a smart holder no matter how hard things are with you and you feel like selling your bitcoin is youast resort, it would not be advisable you sell all, you will have to sell a little just for the mean time and keep the rest as no one can tell the next direction of the market. I understand that most times this little investment one does stands a a rescue which has been very much helpful to them.  Most times falling back to your bitcoin savings or investment is as a result of poor planning. When you have a source of income already which stands as a strong backup for you, you would not in any way get close to your bitcoin savings as you have a rescue paln but it is not so and most times every source nsut have failed and one would have no option than to fall back to his or her bitcoin savings for backup.

[Easteregg69]

There is nothing wrong in it but there is everything wrong in selling everything. As a smart holder no matter how hard things are with you and you feel like selling your bitcoin is youast resort, it would not be advisable you sell all, you will have to sell a little just for the mean time and keep the rest as no one can tell the next direction of the market. I understand that most times this little investment one does stands a a rescue which has been very much helpful to them.  Most times falling back to your bitcoin savings or investment is as a result of poor planning. When you have a source of income already which stands as a strong backup for you, you would not in any way get close to your bitcoin savings as you have a rescue paln but it is not so and most times every source nsut have failed and one would have no option than to fall back to his or her bitcoin savings for backup.

It's not ok to sell you.


You need to disable all kind of monitoring till you get accepted.

Your carbon print does not count.

Contact with the natural world.

I can not learn them anymore without repression. You are on your own. Admins is hated!

[Smartprofit]

If I were immortal, I would never sell my bitcoins. 

However, how can I become immortal?  Maybe I should let the vampire girl bite my neck?  I watched movies about vampires - if a vampire bites you, then you yourself become an immortal vampire. 

However, since I am not immortal, I need shelter, food, clothing, and other things. 

Therefore, there may be situations when I am forced to sell my Bitcoins.  Although I believe that in the future they will cost more than they cost now.

[kawetsriyanto]

As long you are making profits or really in positive then profit is profit as always which is good.

Indeed. When we sell our Bitcoin for the profits that meet with the target, it is always good for selling.
I also have my own target for selling, it doesn't depend on a pump but it has a certain percentage of a raise from the buying price. Mostly, the time for selling is in the bullish season and the time for buying is during the bearish season.

Everyone can set certain goals for themselves when they are ready to sell, but this raises another question, after we sell bitcoins, how then to protect funds from inflation?

Commonly, people sell Bitcoin for stablecoins. You must know that stablecoins are relatively no significant change in value. So, no worries about inflation.
I assume you did the same way, right? CMIIW

[Ronsbit]

Selling bitcoin depends on your personal intuition. From all i have read here, i would say this; selling bitcoin is not wrong neither is there a tag attached to it but it would be nice one collects profit after purchase just as obari has said so as to be on the safe track instead of loosing out to the market volatility as against your initial plans. So therefore, it would be of good importance you take advantage of the market when in the upward trend by collecting profit. If you can too then you put back your profit by purchasing more depending on how deep the market goes

[Smartvirus]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.

You've got some points there as buying when low to sell when high is definitely some principle to success in cryptos and most especially bitcoin but, its got some twists as well. Highs are always for a time and you really lose nothing by hodling even if the market should drop or go bearish. The twist in selling at a high which is predefined by you is that, it could always make another high from your pre-establsihed high and then, it would iche to have sold earlier. Also, the market might not go bearish for another year and having to wait for an entry to open at a low might not happen. Should you buy, you might as much be relinquishing all the profits you thought have gotten back to the same market.

~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

~ People hodl because they are convinced to, because bitcoin can't liquidate to zero and they've seen what it has become in years.
~ This is mainly because of the unpredictable nature of the market.
~ I hodl because, its not more of an option for me, I use what I must and when I must plus, have got fiat to support from other streams.

[Cantsay]

Selling bitcoin depends on your personal intuition. From all i have read here, i would say this; selling bitcoin is not wrong neither is there a tag attached to it but it would be nice one collects profit after purchase just as obari has said so as to be on the safe track instead of loosing out to the market volatility as against your initial plans. So therefore, it would be of good importance you take advantage of the market when in the upward trend by collecting profit. If you can too then you put back your profit by purchasing more depending on how deep the market goes

Exactly, the owner of am asset should know when it's okay for them to sell that asset and I'm aware that some certain factors might force some persons to sell when they never wanted to sell. If you can continue to hold for the next twenty to thirty years to come without touching any of your Bitcoin that is to your advantage while if you know you can't stand the idea of hodling for that long then you can sell as you please no one is going to caution or mock you for selling quick.
I know that we have seen so many people who after selling off their holdings began regretting it because the price rose while others were happy because the price dropped.

[ajiz138]

Exactly, the owner of am asset should know when it's okay for them to sell that asset and I'm aware that some certain factors might force some persons to sell when they never wanted to sell. If you can continue to hold for the next twenty to thirty years to come without touching any of your Bitcoin that is to your advantage while if you know you can't stand the idea of hodling for that long then you can sell as you please no one is going to caution or mock you for selling quick.
I know that we have seen so many people who after selling off their holdings began regretting it because the price rose while others were happy because the price dropped.

That factor is because there is no other way but to sell bitcoin at a low price, while for emergency funds he doesn't hold it, he is forced to sell, even though he doesn't want to sell, moreover the only way is in this way, so it is clear that many have experienced it when they are under economic pressure.

As for those who have been holders for decades, they are the winners in terms of big profits, of course, it won't be easy, we have to go through the bullish phase, but we have to be strong not to sell it, sometimes we are itching to sell it at the peak of the bitcoin price.
But it really comes back to the individual, of course, they are the ones who decide whether to sell or hold it.

I don't know when to sell but I think it has exceeded the previous ATH so it's worth selling because I have made a big profit, on the other hand, I want to set aside bitcoin for a long time too.

[DiMarxist]

To sell Bitcoin is choice, because some people sell Bitcoin at bull market and some people sell it in bear market so to sell bitcoin is not stable,so don't say it is okay to sell bitcoin.rom the prospects of benefitting from bitcoins through investments, there are other uses of bitcoins that still stand out and provide massive benefits.Exactly, the owner of am asset should know when it's okay for them to sell that asset and I'm aware that some certain factors might force some persons to sell when they never wanted to sell.Selling bitcoin depends on your personal intuition.I want to set aside bitcoin for a long time too.

[pawel7777]

Selling bitcoin depends on your personal intuition.

It shouldn't though. Acting upon pure intuition for making financial decisions is generally a bad idea. What you think is "your" intuition, is usually an emotional reaction to the environment, i.e. if everywhere you look you see FUD - you're more likely to get fearful and sell even if you wanted to hold for a long time.
It's best to have a cold-calculated plan, clear and realistic expectations of your investments and set targets that you want to start realising your gains.

[AnonBitCoiner]

I think that copying someone other is the main reason that why most of the people are unable to get profit. Sometime a person invest in a coin which will be better time but if you copy him then may be this time is not suitable for investment. Therefore just use your own idea and thoughts by acknowledging  characteristics of trading.

Holding is better idea but if you have the opportunity to get profit then sell some part of your earnings and lets your other part to buy some bitcoin.
A person should not put large sum because if he has to use some money for the daily uses and the market is lower then he cannot sell his bitcoin because it will not be perfect for the successful results.

The main reason of holding is that a person is not in risk to loss money because at certain time the market will continues to recover again. Holding reduces the risk related issues and you can save your money by holding some stable coin.

[AllYourBitcoinRBelong2Us]

I've been in this crypto space for a while now and there is this mentality instilled in people that seems selling ones coin is bad and one is heading to failure which is very wrong at least from my perspective.
I've always been on the track that investing in Bitcoin simply means buying low and selling high,  which I think is one of the keys to success in the crypto Industry. I always tell people that the moment you buy at a certain price and it starts rising possibly to a price that you feel ok and contented with, then you should feel free and confident to sell atleast to get the profit first and always use stop loss just incase the price drops, rather than having a little portion of Bitcoin and letting it get liquidated just because you want to preach and prove HODLing, trying not to feel odd.
So my question is:
~ Do people hodl just because others are HODLing?
~ Why do people hodl rather than sell and buy again when low
~ What is your major reason for HODLing and how do your survive the bear market?

Well, you can't accurately predict the bitcoin market. You can't just sell high and buy low. What if you sell high and it goes even higher and it stays at that heightened price? The bitcoin price is influenced by humans, not robots (at least some of it...).

(if I'm wrong about this statement please just reply and tell me I'm wrong)