End Goal or Keep HODLing?

[batang_bitcoin]

Everyone will have something different to say like an opinion to share but it might be different from yours. My little advice is you make research and plan for your personal target, everyone investing don't just invest with zero target like mine can be 5_10 or 4_8 years for example, it depends on your view towards bitcoin investment. If you're looking at the market as an short term profit investment then it's your choice, my investment plan might be different from your plan but there's this habit of always wanting more so I think you just want to still hold cause you see people predicting the price for $120k and with your speculation also.

Many does look at the market for being short term but they don't know that if they keep and become long term here, there's more profit that they're going to make. Effortless and easy, that's why most of us are going to hold no matter what the market shows. Sometimes, it is discouraging but that's part of its growth that we have to go through some balance and correction for us to see how profitable this market is as it skyrockets. If there are no dumps then for sure that there are also no moving up of it or the opposite action of bitcoin. But as we've been familiar with Bitcoin if you've been here for years, you'd just hold.

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[Distinctin]

No one would invest and keep on holding till they die, everyone invest to gain profit, and they would surely take it when they reach their goal.
What's the point on investing if you wouldn't even use your profit? it is an investment not charity do you plan on just being a contributor to make the price higher?

Agree. There is no one who plans to hold Bitcoin until he dies. Everyone who buys Bitcoin must plan to sell their Bitcoin at a certain price. He must expect to take profits from the investment, it is a normal way of people in Bitcoin investment. Although there are people who hold Bitcoin for many years, I'm sure they will also sell the Bitcoin and take profits someday in the future.

It is pretty true that it doesn't make sense if people always keep holding without any purpose. Why people spend their money in Bitcoin if they never get profits? I sounds quite strange that there are people who never sell their Bitcoin. Honestly, I never met the typical of people who hold Bitcoin for many years.

While hodling can be profitable, but we will only come to realize those real profits if we decide to sell them after years of keeping them. That’s the only way where we can enjoy our hard-earned profits once we start selling them for real. However, we can always decide not to sell them all but sell just a portion of them, that is if we are still looking forward for our future profits. While bitcoin can satisfy our longing for profits, but knowing its value appreciates more in the years to come, then it’s best to sell them in portion every year so we can still increase the amount of our profits.

[lixer]

Personally, I see it as a currency in terms of use of service and not just the part where it's valuable that it is being used on a day-to-day basis. It's not ideal now obviously but integrating it would be nice.

In terms of the end goal, I think it's never going to be enough now, especially seeing how valuable it really is now. It's just really amazing. I wouldn't sell unless I need to.

I also don't think any sane person would sell their saved bitcoins at this time when everyone is seeing how high the price of bitcoin is now and how much higher it can go. I regret that six months ago I sold some of my bitcoins, now I wish I hadn't sold them.

It is said that a man learns from his past mistakes, so I think no one should make this mistake now, if they have old bitcoins they bought when the market was very much down, they should save them for at least six months or a year from this point because we are yet to witness the actual bull run which generally occurs after the halving event in every Bitcoin cycle.

[arjunmujay]

I also don't think any sane person would sell their saved bitcoins at this time when everyone is seeing how high the price of bitcoin is now and how much higher it can go. I regret that six months ago I sold some of my bitcoins, now I wish I hadn't sold them.

It is said that a man learns from his past mistakes, so I think no one should make this mistake now, if they have old bitcoins they bought when the market was very much down, they should save them for at least six months or a year from this point because we are yet to witness the actual bull run which generally occurs after the halving event in every Bitcoin cycle.

no one can predict with certainty how much the price of bitcoin will rise when and after the halving occurs. Therefore, become a player in it so you can feel how valuable the bitcoins you have are. and even though bitcoin has experienced a decline, don't sell this very valuable asset, because there are still many people out there who want bitcoin at an even cheaper price even though that will never be possible.

[Russlenat]

I wouldn't have said this but I am much more concerned about the fact that we have been hearing so many people talking about holding Bitcoin for the long term and never selling. I find it so confusing that after investing so much in Bitcoin for years we won't want to sell our bitcoin till we die.

I've been buying Bitcoin since last year when it dipped in December i know it's not long. Since then I have held my bitcoin firmly regardless of the price increase this year I still decided to sit on it. Although I do not have enough Bitcoin because I have little money then if I were to sell my holdings now I would have 3 times of I invested.

Also, I have the belief that Bitcoin will keep breaking new ATH forever. Should I leave my Bitcoin forever without selling it or set a goal that I have in mind and when it reaches that goal I sell and take my profits?


What do you do?

On what principles guide your actions in the realm of Bitcoin (BTC)?

Set your own goals and dont listen up on someones advises or recommendations since you are the ones who would really be making use of that money whether you should sell or hold forever.
We do have different priorities in life and there are moments on which we do really need to cash out or secure out our profits for something useful. Holding for lots of years?
It would really be testing out your patience and we do know that not all would really be that having that long patience when it comes to this one.

You cant really just that make yourself having that kind of consideration when it comes on following others advises since we do have different needs and situations in life.
Hold if you can and sell if you do see that it is really best time on doing so. Profit is profit doesnt matter whether its small or big.
Secure while you can rather than on selling on loss. lol

The best solution for this is set some coins to sell but leave a portion of it for long term hodling. That way, both sides will be cater, and you won’t end up regretting wishing you have sell or not. While profits is the main goal of everyone, I think it’s also valid to reserve some of our coins for future investment. Just sell only when you badly needed the funds, but hold if you think there are bigger potentials for profits hopefully in the years to follow.

[red4slash]

no one can predict with certainty how much the price of bitcoin will rise when and after the halving occurs. Therefore, become a player in it so you can feel how valuable the bitcoins you have are. and even though bitcoin has experienced a decline, don't sell this very valuable asset, because there are still many people out there who want bitcoin at an even cheaper price even though that will never be possible.

For the problem of price certainty we will never be able to definitively predict that the nominal increase in terms of value or indeed what the exact price will be obtained by bitcoin but by looking at the progress and some things that happened before, of course, there is an optimistic situation where the increase even for the price of $100k can be achieved when halving or after halving occurs so that with seeing the current conditions where the increase and bullishness are still ongoing then it is indeed possible for us to get that price sooner or later but indeed as you said if we really want to feel that then we have to stay in bitcoin only there are other considerations when looking at this because in my opinion everyone who is in bitcoin has their own goals and that is a sure thing. We also cannot force if there are people who will stop even before the halving because as long as they have benefited then indeed to leave is also not a problem if they want to because it is a definite action according to them right by taking advantage of what they planted before as a form of investment .