It is ok to sell your Bitcoin.

[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.

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[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.