HODLers, When Will You Sell?

[Kelvinid]

I really admire people capable of keeping bitcoins in their wallets for years without even moving them. I see wallets that their owners never moved coins from for 10 years and wonder how they do it. If you're a HODLer. when do you hope to sell? Would you cash out if Bitcoin soars to $100,000 or sit back and wait until it gets to a million?

ONLY for HODLers please. PLease share when you'll be happy to sell.

Holding doesn't mean it gonna be forever. The reason why people are holding is to make money when it hits their target price. Let us assume if the price reaches $100,000 I certainly have no doubts about selling my Bitcoin. That was a satisfying price for me. If ever it reaches more, I have no regrets as well because I already make a profit which is important to me unless we know that it reaches $ 1 million probably I would wait. But because the market doesn't work like that so I'd rather take the chance selling at $100k rather than missing it. It was even regrettable to happen.

[AprilioMP]

I see wallets that their owners never moved coins from for 10 years and wonder how they do it.

Not me, but other holders who kept Butcoin in their wallets for years. In my opinion, they chose a Bitcoin wallet that wasn't just random. They take good care of everything related to access to their assets such as seed phrases, private keys and passcodes, of course keeping them away from internet connections.

This is very common, but my guess is that they do it — hold Bitcoin for years that way.

If you are amazed, carry out storage steps properly and correctly. You will be a winner with the Bitcoin you have.

If you're a HODLer, when do you hope to sell? Would you cash out if Bitcoin soars to $100,000 or sit back and wait until it gets to a million?

Some time ago, I spent some Bitcoin from my wallet for urgent needs. Hoping to sell at the highest price and will try to hold it in the wallet until the new ATH comes. This means that if Bitcoin reaches $100,000 USD in the future, then I will cash out most of the amount of Bitcoin I have which I am trying to continue to increase little by little.

If that happens within the next year from now, then that's the time limit I will hold.