It is ok to sell your Bitcoin.

[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.