End Goal or Keep HODLing?

[Uhwuchukwu53]

Actually for me I didn't see anything wrong if an investor who is holding BTC for long term decided to sell off some part of the holding when he felt that the profit is ok with him mostly one who has been holding for 10years, except where he want to sell all in his possession but if it's part of it I don't see it as end of investment. Generally in the system everyone has its reason for holding or investing your target will always be a derive to a length which one can hold though many with different agenda some desire to hold for their children, retirement etc just as many writers would have made mentioned, it's also clear in every investment it lasting depends on the sources of investment if your holding when you lack others source of sustainable it's hard to keep holding beyond your target time or duration. But why dealing with the selling of one BTC to a holder who has been holding for long term it's best he sold part why still have some in reserve though this is individual determination to what he desire at that point.

[bettercrypto]

Actually for me I didn't see anything wrong if an investor who is holding BTC for long term decided to sell off some part of the holding when he felt that the profit is ok with him mostly one who has been holding for 10years, except where he want to sell all in his possession but if it's part of it I don't see it as end of investment. Generally in the system everyone has its reason for holding or investing your target will always be a derive to a length which one can hold though many with different agenda some desire to hold for their children, retirement etc just as many writers would have made mentioned, it's also clear in every investment it lasting depends on the sources of investment if your holding when you lack others source of sustainable it's hard to keep holding beyond your target time or duration. But why dealing with the selling of one BTC to a holder who has been holding for long term it's best he sold part why still have some in reserve though this is individual determination to what he desire at that point.

You know that the long-term system is for investors who don't want to think too much and don't worry about what is happening in the market in reality. As long as theirs is just a hold,
they will only be sold after 1 year or more, depending on when they want.

That's why they are long-term investors; they won't hold if it's only short-term because they don't want headaches or stress while holding Bitcoin or crypto assets.

[angrybirdy]

Actually for me I didn't see anything wrong if an investor who is holding BTC for long term decided to sell off some part of the holding when he felt that the profit is ok with him mostly one who has been holding for 10years, except where he want to sell all in his possession but if it's part of it I don't see it as end of investment. Generally in the system everyone has its reason for holding or investing your target will always be a derive to a length which one can hold though many with different agenda some desire to hold for their children, retirement etc just as many writers would have made mentioned, it's also clear in every investment it lasting depends on the sources of investment if your holding when you lack others source of sustainable it's hard to keep holding beyond your target time or duration. But why dealing with the selling of one BTC to a holder who has been holding for long term it's best he sold part why still have some in reserve though this is individual determination to what he desire at that point.

You know that the long-term system is for investors who don't want to think too much and don't worry about what is happening in the market in reality. As long as theirs is just a hold,
they will only be sold after 1 year or more, depending on when they want.

That's why they are long-term investors; they won't hold if it's only short-term because they don't want headaches or stress while holding Bitcoin or crypto assets.

Investors that invest in bitcoin is indeed has a long term plan because bitcoin proves itself in the market for almost how many years, Many investors doesn't want to make any regrets if they sell once there's a changes on it's price because we believe that sooner or later, bitcoin will reach it's new ATH and if that thing happens, the value will surely stay or in between the current price that's why many people really wants to have at least small investment in crypto, it's all because of bitcoin.

[boty]

You know that the long-term system is for investors who don't want to think too much and don't worry about what is happening in the market in reality. As long as theirs is just a hold,
they will only be sold after 1 year or more, depending on when they want.

That's why they are long-term investors; they won't hold if it's only short-term because they don't want headaches or stress while holding Bitcoin or crypto assets.

Those who have been able to survive in the long term will of course no longer worry about market corrections that occur and there are even some of them who take advantage when prices are experiencing a decline to collect Bitcoin.
Every investor who chooses to stay in the long term of course has set their sales target before they start to invest and when they have reached this target they will sell the assets they have held to take advantage of the investment they made.
It is true that it will be very difficult to survive in the short term, of course we must always monitor price movements to be able to profit from it.

[Lanatsa]

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)?

Actually it would really be just that depending on you, on when you would really be selling your Bitcoin because each one of us would really be having that own decisions on when they would really be selling their coins.
Some might deciding on holding for next 5 years or 10 years or even more. Some might be considering on selling out every 2 market cycles or bull runs or wouldn't really be selling at all. The key on here is that
you should really be following on whats into your mind and dont tend to mimic or would be tending to copy or listen on what others would really be trying to do. If you do saw yourself isnt that contented with that 2x-3x gain then you could still opt in on holding your position. Come in mind that we arent that still in bull run yet on which means that potential price increase could be more. So it would be just that a waste if you would be selling out your position now.

End goal is something that majority will really be that holding their Bitcoin on which we do know that when it comes to potential then it would really be that understandable or something that will really be that likely
for most people to accumulate considering its the #1 coin in the market.Therefore, potential increase would really be that high but of course you should be that making yourself wary about the probabilities on things about the risks involved. Only invest or put up on the money on which you can afford to lose as always so that whenever the market will be making out some correction then you wont
really be finding yourself on a tough and impulsive condition.

[Bitstar_coin]

What purpose will btc serve seating idle in your wallet forever?
I think those people who often say this have a target price where they will sell eventually. Individual differences but I would like to believe every btc holders always have a set price goal where they feel is the right price to sell or take profit.
I don't believe in hodl forever, it is unrealistic and does not help btc in anyway if you ask me.

[Kelward]

Bitcoin has finite supply meaning that it's supply will not last forever, so why hodl it infinity? Except that a holder is so rich reach that he doesn't see any need for him to take profit, then it's a good thing, otherwise for other investors who are on the long hodl, it's good for them to take profit sometimes. The only thing to consider is what time is the best season to collect profits, I believe it's buy in dip and sale in price surge, that is buy in bear run and sale in bull run. The beauty of Bitcoin investment for me is that the longer you hodl it, the more profitable if becomes for you in every bull run.

[CryptoHeadlineNews]

Bitcoin has finite supply meaning that it's supply will not last forever, so why hodl it infinity? Except that a holder is so rich reach that he doesn't see any need for him to take profit, then it's a good thing, otherwise for other investors who are on the long hodl, it's good for them to take profit sometimes.

And that's why it's always good not to invest all your money in Bitcoin, but rather a reasonable amount you know you could always afford to let go over a long period of time. Because one thing about Bitcoin is that, though it is a volatile digital currency, the longer you HODL, the higher the probability of your investment to double over time, of which after this recent halving, Bitcoin is likely to break a new All-time-High, hitting roughly $100,000 according to speculation. Hence, it's good to have an alternative source of income if only you must HODL your BTC over a long period of time.

[teamsherry]

What is noticed is that most people after accumulating a lot of bitcoin just rather keep them and sell them little by little and try to maintain it, you see many people view Bitcoin just like any other asset and see no point in selling it.

Although it's not compulsory to do this, long term approach is the best and after accumulating bitcoin for that time period you can decide to see right after you have gotten to your goal, but personally if I'm able to achieve having lots if bitcoin I'll keep em and apply selling strategies, that's how I see it.

[Dunamisx]

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.

The reason why we encourage for holding in bitcoin is just to be able to realize profits from our investment than when we are holding our asset on fiat and other investment that could not be profitable, so our ultimate goal on making an investment should first be for the purpose of making being profitable on it, also holding does not mean that we are going to be doing that for live.

[GbitG]

Bitcoin is a long-term investment, holding is one way to achieve success and can create financial freedom in the future. Of course it doesn't end there, because even if you sell bitcoin, you will definitely buy it again when the price goes down. Actually, this depends on each individual's goals in investing in Bitcoin. However, what is clear is that Bitcoin investment is about seeking profits, not holding and never selling.

Hmm that's true mate You describe it with the right meaning of HODL.
 
Indeed Bitcoin is a long-term investment through which you can make a profit. I mean holding up for a long time is only the best modification for organizing the profit at a high margin. Like the previous bear market means those who have bought Bitcoin at 15k and held it, then definetly those people will be in profit, i.e recently Bitcoin made its new all time high at 73k. It means to say that he is definitely in profit. So you are right that HODL is a best optioned strategy under which we can surge profit margins and it is the beauty of Bitcoin that it follows a bullish pattern in the long term.

[synchronym]

Of course, long-term investments in Bitcoins can yield good returns, but Bitcoins are not meant to be held for life. If we always invest in Bitcoin investment with a long-term plan, we will definitely get a substantial profit from that investment. Many times it is seen that many investors are very hasty and rush to invest thinking that Bitcoin investment will make them a millionaire overnight but it is not like that. Bitcoin investment and always we have to invest patiently if we can invest patiently we can definitely get a lot of success from this investment.

[Belarge]

Of course, long-term investments in Bitcoins can yield good returns, but Bitcoins are not meant to be held for life. If we always invest in Bitcoin investment with a long-term plan, we will definitely get a substantial profit from that investment. Many times it is seen that many investors are very hasty and rush to invest thinking that Bitcoin investment will make them a millionaire overnight but it is not like that. Bitcoin investment and always we have to invest patiently if we can invest patiently we can definitely get a lot of success from this investment.

We make investment for the future, atleast that's the reliable means to stay positive and survive. We're not in the right state to predict when we will be having enormous profits in the space, we should always beckon on winning and become a solidable trader when it involves profits running. Bitcoin generates profits but we should be careful when it comes to holding, always ensure to hold bitcoin during the bear season and ensure to trigger sell button when the bull season finally arrives.

[Fara Chan]

The reason why we encourage for holding in bitcoin is just to be able to realize profits from our investment than when we are holding our asset on fiat and other investment that could not be profitable, so our ultimate goal on making an investment should first be for the purpose of making being profitable on it, also holding does not mean that we are going to be doing that for live.

Holding something because there is a better goal is highly recommended in life, especially if what we hold is an asset that has been proven to be quite good for investment, namely Bitcoin. Because in terms of profits, Bitcoin is clearly far superior to just holding fiat money which cannot be expected to make profits like people who hold Bitcoin itself. So it is very wise if you and other investors choose Bitcoin because there is a specific goal you want to achieve in life which might also make you quite comfortable for the rest of your life.

[kentrolla]

Of course, long-term investments in Bitcoins can yield good returns, but Bitcoins are not meant to be held for life. If we always invest in Bitcoin investment with a long-term plan, we will definitely get a substantial profit from that investment. Many times it is seen that many investors are very hasty and rush to invest thinking that Bitcoin investment will make them a millionaire overnight but it is not like that. Bitcoin investment and always we have to invest patiently if we can invest patiently we can definitely get a lot of success from this investment.

Yes it doesn't make sense if you never take profit as we need to learn taking profit be it trading or investment and I have seen many investors including myself to be gradually withdrawing profits during some emergencies or just for upgrading stuffs in our life be it house, car or education. There is no point of holding it forever and majority of investors have a plan and they don't hold on forever.

[blckhawk]

That's because those people are either talking shit and they won't hold out their promise of not selling until they die and that all of it is just a stunt to get themselves some attention or that they have a really ambitious price that they want to sell their bitcoins, that's the only two reasons why you hear people like that say those stuff. I think everyone here has an end goal when it comes to bitcoin investing, I'm sure that everyone of us has a desire to spend some of those hard earned investment into something that would make us happy, I don't think that there's no person out there that's devoid of such emotion and that they will never ever have any kind of want that can be supplemented by their bitcoin profits.

[Roseline492]

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.

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)?

One thing you should understand is that when they talk about holding it doesn't necessarily mean that you will hold your investment till you get older and also regardless of how important it is for people to hold but each investors has there decisions in regards to there investment weather they can be able to hold or not, so is not actually mandatory or by force that every investors most hold, however sometimes it seems that most people confuse long term holding for a lifetime holding because they feel that the only way they will be regarded as a holder is only when they hold till they get older.

So actually that's not the only way to be regarded as a holder because for me I believe that from 5 years and above could be regarded as a holder and besides the reason why people are always emphasizing on holding is because of the Volatility nature of Bitcoin so the only way to be safe is by holding. However in regards to your question weather to leave your Bitcoin forever or to sell it, actually there is no way you would leave your Bitcoin forever without selling it but however if you still have enough money that can sustain you for a long time I think you should keep holding because who knows how far the price will go in the time to come.

[Mrbluntzy]

Of course, long-term investments in Bitcoins can yield good returns, but Bitcoins are not meant to be held for life. If we always invest in Bitcoin investment with a long-term plan, we will definitely get a substantial profit from that investment. Many times it is seen that many investors are very hasty and rush to invest thinking that Bitcoin investment will make them a millionaire overnight but it is not like that. Bitcoin investment and always we have to invest patiently if we can invest patiently we can definitely get a lot of success from this investment.

Yes it doesn't make sense if you never take profit as we need to learn taking profit be it trading or investment and I have seen many investors including myself to be gradually withdrawing profits during some emergencies or just for upgrading stuffs in our life be it house, car or education. There is no point of holding it forever and majority of investors have a plan and they don't hold on forever.

The only reason why a Bitcoin investor would not want to take profit is when they are not interested to sell their asset in a short period of their investment, they may want to hold for a very long time because the still have other sources of income to sustain them until their Bitcoin is ready.

[pinggoki]

~

When someone has made a profit from an investment and does not take the profit, of course they will be ready to hold it for a longer period of time, but if I myself have made a profit from the investment then I will take the profit and when the price goes down again then I will collect it back at a cheap price and hold it for a long period of time, you are right, of course there is nothing wrong with enjoying the profits from investment and that is the goal of every person who invests.

That's the deal with it, you sell at high and then you will buy at low but in some cases because some people have it hard for them to think the right way when faced with such big money because the profit, they almost always end up doing the wrong thing, they get greedy and ride it out thinking that a peak isn't near yet and that the price of bitcoin will never go down and then they end up panic selling when the price has gone down significantly and it's not the consolation kind of panic sell too, they almost always end up panic selling too late, not getting the best of profits at the end. That's why I think I having a personal goal of when you're going to sell your bitcoin is the optimal thing to do. Totally agree with you that there's nothing wrong with enjoying here and there but you need to understand that priorities should be in order and if the enjoyment isn't at the first of the line, you're probably going to need to do something about it.

[Dr.Osh]

Of course, long-term investments in Bitcoins can yield good returns, but Bitcoins are not meant to be held for life. If we always invest in Bitcoin investment with a long-term plan, we will definitely get a substantial profit from that investment. Many times it is seen that many investors are very hasty and rush to invest thinking that Bitcoin investment will make them a millionaire overnight but it is not like that. Bitcoin investment and always we have to invest patiently if we can invest patiently we can definitely get a lot of success from this investment.

well, when we invest in something, especially bitcoin, we need to have a strategy for buying and selling so that we make a profit. I think the ultimate goal of investing is financial freedom. So, as long as we don't get that, we need to try to continue to utilize the investments we have. It's good, when we have made a profit from Bitcoin, we need to take a few percent of the profit. This can be used to buy other investments, or perhaps buy back when prices are down.