The power of HODLing BTC

[DaNNy001]

So I just saw this on platform X and it really got my attention because when I reasoned it, it's actually quite crazy but real too and many Bitcoin HODLers today don't really know the power and benefits behind this particular thought of action.

Here is the link from 0.20$ to $70k

HODLing of Bitcoin is probably the most talk and deliberated matter on the crypto space and even here in the community. And it's funny how many people have turned a blind eye to this and some persons are feeling that Bitcoin price today is too big to buy well the thing is that everytime is a good time to buy, that's if you are a long term holder and I for one, am shocked at seeing how Bitcoin has been held for almost 14 years now although I know they are still some folks still HODLing and even planning to keep for longer terms maybe when Bitcoin reaches $200k to $500k before they actually sell off.

I think there's probably a reason why they say patience is virtue and it's something most humans don't have and in the case of Bitcoin journey, it's something that everyone needs to actually achieve that financial boost goal in the HODLing of our Bitcoin.

So I bring this for some folks to actually share atleast boost our spirits in the HODL journey especially those newbie to the space, that if someone out there is still HODLing why not HODL?.

Note:: remember to keep your coins safe too that's base on the preference of a non-custodial wallet or cold wallet if you are HODLing for long term

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[Reatim]

Woah. That is indeed crazy. Such a huge respect to whoever that person
for having the patience and trust in bitcoin. They have gained so much profits.
Makes me kind of jealous I was not yet aware of bitcoin at 2010 but hey, at least
now I am holding it and I intend to hold it for dear life

[Hatchy]

Woah. That is indeed crazy. Such a huge respect to whoever that person
for having the patience and trust in bitcoin. They have gained so much profits.
Makes me kind of jealous I was not yet aware of bitcoin at 2010 but hey, at least
now I am holding it and I intend to hold it for dear life

It's not the first time I've seen a longterm holding address, nor is it the largest. It really takes a lot of courage to hold onto Bitcoin for a long time, and for those who've been around since the beginning, they're the true Bitcoin believers. Many people feel tempted to sell their Bitcoins when the price suddenly drops. That's why it's important for longterm holders to check the market less often. This helps prevent fear and the panic that often leads investors to sell in the short term.

Note:: remember to keep your coins safe too that's base on the preference of a non-custodial wallet or cold wallet if you are HODLing for long term

Certainly, holding onto your coins for a long time without fully securing them could result in losing them. As a Bitcoin user, ensuring the security of your funds should be your top priority since you have control over them, not a third party. Utilizing cold storage methods such as hardware wallets or airgapped devices is the most effective way to achieve this and safeguard your funds.

[Maus0728]

I like to think that the person behind this wallet is someone that knows bitcoin intimately and has some knowledge in tech and finance and they've come to a conclusion that it's a worthy investment that they've considered investing and hodling or better yet, they could've invested to it for the fun of it and just hold on to it, initially thinking that it's nothing and then it grew in price and they just kept on buying until they got to this point. Definitely a testament to the power of hodling, not just with bitcoin but also the hodling itself since you can probably do it with other crypto out there.

[tranthidung]

These bitcoins are from mining in 2010.

Links to look at it.
https://twitter.com/mononautical/status/1772770641093222907
https://mempool.space/tx/b6539dbafcc644a37d320ba572a593dbce7184d8d50ac03b67b9ab96802c5ed0

Do you know that @laszlo exchanged his bitcoins for pizza since May 2010?
Pizza for bitcoins?

Many people heard of Bitcoin in 2009, 2010 and tried to test Bitcoin mining for fun, with their laptops, PCs.

The man in your story is someone like this. I checked one of 50 BTC transactions, it is on August 2010.

[Darker45]

The power of hodling has been proven time and time again. As a matter of fact, it has been proven by so many individual experiences how it is a lot more profitable than trading. And it's easy, too. The easiest way to make profit out of Bitcoin is hodling.

But hodling only happens once you're thoroughly convinced of Bitcoin. I guess it follows a certain level of understanding, and consequently belief. Hodling might be too stressful to somebody who is in doubt with Bitcoin. He/she might not survive. It's easy to hodl in the sense that you don't do a thing, not an analysis, not a buy and sell order and stop loss, and so on, but it isn't easy in the sense that you need to keep hodling amidst bears and winters and corrections.

[tranthidung]

The power of hodling has been proven time and time again. As a matter of fact, it has been proven by so many individual experiences how it is a lot more profitable than trading. And it's easy, too. The easiest way to make profit out of Bitcoin is hodling.

Holding is key to get richer with Bitcoin as through 3 market cycles, the current one is the fourth, it has proven its strong survival through many bear markets and many bearish years, black swan events. In cryptocurrency market, you can not find any cryptocurrency that is stronger than Bitcoin in survival strength.

Regarding to case like this one, it's hard to say the owner actually planed to hold bitcoins or just forgot that wallet for a long time. Finally the owner succeeded to access that wallet again after many years. We only saw tip of iceberg and can not interpret it accurately as it actually is, just our guess.

About power of HODL, you can check some information in my thread.

• HODL bitcoins, you can do it! Look at HODL camp map to build up strong hands
• https://hodl.camp/

[armanda90]

I don't know what is the best words describing for some one has loyal or diamond hands when holding bitcoin exactly some one talked by OP hold bitcoin since price $0.2 and strong waiting for holding until bitcoin price around $70k. Its hard to believing how come some one can hold bitcoin for longer time and not excited for selling after bitcoin pump hard exactly the holder raise thousand hundred profitable when bitcoin raise up drastically.

Seems is real the power of holding bitcoin, the same thing quote by CZ "If you can't hold, you won't be rich" and right now the holder of bitcoin purchase around 0.2$ have been millionaire but will keep hold waiting until bitcoin raise more than $100k or he will sell after looking bitcoin raise new all time high price.

[adaseb]

Yeah these coins move from time to time, especially when we are in a strong bull market where we break to new highs. And most people assume that the coins from 2010 are lost but this is proof it’s not true.

I think coins from 2009 won’t get moved and are considered lost due to the fact that satoshi most likely will never move them or they lost the private key. I actually wonder when the last time a coin from 2009 was moved which was mined from the 50 BTC coinbase reward.

[sunsilk]

What a patience. I think that owner isn't just holding that much and there are more that are on his wallets that haven't moved yet or he has moved those before he moved it.

This is one of the best holding moments that I've seen. It's one of the earliest believers of Bitcoin but some may be misled and tell that this guy is close to Satoshi for being that early and having this much of Bitcoin.

The patience is real for this guy so coming from that lowest price point when he has bought that to $70k. Really fascinating.

[Silberman]

I don't know what is the best words describing for some one has loyal or diamond hands when holding bitcoin exactly some one talked by OP hold bitcoin since price $0.2 and strong waiting for holding until bitcoin price around $70k. Its hard to believing how come some one can hold bitcoin for longer time and not excited for selling after bitcoin pump hard exactly the holder raise thousand hundred profitable when bitcoin raise up drastically.

Seems is real the power of holding bitcoin, the same thing quote by CZ "If you can't hold, you won't be rich" and right now the holder of bitcoin purchase around 0.2$ have been millionaire but will keep hold waiting until bitcoin raise more than $100k or he will sell after looking bitcoin raise new all time high price.

Holding is always at its hardest on the earliest stages, once you have been holding for a few years then not only it will become second nature to you, but also due to the movements of the market, it is possible for you to remain in profits for as long as you can hold, so even if the market were to crash you will still have more money than what you invested, and when you have that kind of advantage then holding your coins becomes a breeze and your only problem becomes protecting your coins.

[Z390]

True be told, its not easy to hold unto something thats in another form of money, many people would have exchange for Fiat a long time ago, I suspect this person have a lot going for him in this life, he is proabaly making a lot of money from other source.

There is no way a hungry person who is poor can hold unto Bitcoin since that time till now, holding is for those who are well-fed, have a good source of income, and believe in the future of Bitcoin, another worry is how to securely keep your Bitcoin for this long, many people who mined Bitcoin in 2010 end up losing the recovery seed.

My respect to this fellow, for believing so much in Bitcoin, as if he and Nakamoto are pals, in every patience that we human have there is always something giving us the confidence, it's a shame that there is no way to ask him this question, holding is the way, you can never lose by holding Bitcoin.

[Moreno233]

I think there's probably a reason why they say patience is virtue and it's something most humans don't have and in the case of Bitcoin journey, it's something that everyone needs to actually achieve that financial boost goal in the HODLing of our Bitcoin.

Patience is the key thing when it comes to HODLing Bitcoin and those who are able to develop patience will always have great testimony such as we have here - HODLing from $0.2 to $70,000. Anyone not motivated by this does not really believe in Bitcoin and that is rather unfortunate. Bitcoin seems to be getting set to cross to six figures, so those thinking that the price is too high now might be making a mistake.

Note:: remember to keep your coins safe too that's base on the preference of a non-custodial wallet or cold wallet if you are HODLing for long term

I will recommend self-custodian wallet as that gives you control over your coins. Saving your coins under the custody of another person is very risky, so much that it can result to total loss of assets. Now that you mentioned the wallet, it is one of the biggest challenge to HODLing Bitcoin. I have also seen a post in X about some early people to Bitcoin who saved their coins in hardware wallets but having problems remembering their password. So care must be taken about the storage media and how to protect the secret keys.

[Su-asa]

skip

The power of holding is very important to every bitcoin holders, without holding you are waisting your time, Bitcoin is a good store of value and it's important to always hold every penny of Bitcoin that you buy. Bitcoin is not the same as other altcoins on the market, you buy and you hold there's nothing profitable in trading Bitcoin.
Always make sure to hold with your last money.

True be told, its not easy to hold unto something thats in another form of money, many people would have exchange for Fiat a long time ago, I suspect this person have a lot going for him in this life, he is proabaly making a lot of money from other source.

Investing on Bitcoin is not a do or die affairs, if you don't have money to buy Bitcoin you better not buy because there would be no profit for you when you buy. My reasons for saying this you won't be able to hold your Bitcoin for long when you don't have money or don't have a job.

There is no way a hungry person who is poor can hold unto Bitcoin since that time till now, holding is for those who are well-fed, have a good source of income, and believe in the future of Bitcoin, another worry is how to securely keep your Bitcoin for this long, many people who mined Bitcoin in 2010 end up losing the recovery seed.

It's always good that before you involve in anything business or investment you have to check your financial status, if you can invest you carry on the investment but if you can't you don't. There are things you should know before you do things you planned for.
I don't think one with only 1 source of income with low salary can invest in Bitcoin and still hold for long term, even if you have just 1 job let it be that the salary is very big in a way that you can invest, spend and still keep some for emergency issues, these are the most important things one should do before they starts investment.

My respect to this fellow, for believing so much in Bitcoin, as if he and Nakamoto are pals, in every patience that we human have there is always something giving us the confidence, it's a shame that there is no way to ask him this question, holding is the way, you can never lose by holding Bitcoin.

Apparently. If you have confidence in things that guy do there's is no way you won't gain from it, the important things is always put seriousness in things that you do.

[Dunamisx]

You cant imagine if some invested bitcoin the last time it went down to $16,000 and hold till 2030, how huge his financial wealth could have turned to, this is how bitcoin could be that profitable because it has the ability of making an increasing value with time and the market will always pump regardless of the economy situation, inflation and other government policies and economical activities couldn't affect the use and adoption of bitcoin because everyone investing is having the future profitability in it and that is why they could mange to invest and hodl knowing it will be the best thing for them than when they chose fiat.

[arwin100]

You cant imagine if some invested bitcoin the last time it went down to $16,000 and hold till 2030, how huge his financial wealth could have turned to, this is how bitcoin could be that profitable because it has the ability of making an increasing value with time and the market will always pump regardless of the economy situation, inflation and other government policies and economical activities couldn't affect the use and adoption of bitcoin because everyone investing is having the future profitability in it and that is why they could mange to invest and hodl knowing it will be the best thing for them than when they chose fiat.

Statistics will never lie that's why it always good for people to decide to hold their bitcoin rather than spending it since we already see a lot of results shown each year that's why to many people regret on why they sell their bitcoins earlier since if they follow those people with diamond hands maybe same with them they can earn a lot of fortune on current rate achieve by bitcoin.

But its never so late to do this hodl plan again since even if the price of bitcoin is so expensive still we can decide to grab a little fractions since for sure that once bitcoin price rich for six to 7 digits in maybe 2030 or more years then they could earn a lot of money for deciding to invest on bitcoin at current rate.

[un_rank]

Anyone who has been able to hodl all through the market movements during the last 14 years, resisting the temptation when Bitcoin went to $1,000, $20,000 all the way to $69,000 after the last halving, has to be very financially secure. Regular Joes would have been blown away when they got up to a million bucks in Bitcoin and would have been rushing to an exchange to trade that. If they were smart, they would have sold just a percentage and left some, or would have regularly sold and bought back making a profit. But to hold with no movements, you need real financial security.

The next 10-15 years in Bitcoin will be very important. It may not make as much millionaires as the last one did, but it will definitely create wealth.

- Jay -

[Zlantann]

Woah. That is indeed crazy. Such a huge respect to whoever that person
for having the patience and trust in bitcoin. They have gained so much profits.
Makes me kind of jealous I was not yet aware of bitcoin at 2010 but hey, at least
now I am holding it and I intend to hold it for dear life

It is common for people to call those who got the information about Bitcoin early lucky. Some of them also regret that they knew about Bitcoin when the price was already high. The question is how many of them would have been brave enough to keep hodling even in the face of FUD and diverse attacks. Not everyone would be patient enough to keep hodling even when the price has appreciated to a large extent. Many of us would have sold our coins a long time ago because of diverse reasons. So when I hear stories of people who have held their coins for a long time regardless of diverse challenges I have nothing but respect and adoration for them.

Now we are in the midst of the bull run and many people are making plans on how to sell their coins and make some money and some don't have any plans of refiling wallets.  It is not bad to take your profit but it should be known that many hodlers have no plan to sell because they have a long-term plan. This set of persons will be celebrated in the future just as everyone appreciates the patience of the main character in the OP.

[Z_MBFM]

Woah. That is indeed crazy. Such a huge respect to whoever that person
for having the patience and trust in bitcoin. They have gained so much profits.
Makes me kind of jealous I was not yet aware of bitcoin at 2010 but hey, at least
now I am holding it and I intend to hold it for dear life

We are really jealous when we think about the history of Bitcoin. Because the initial value of Bitcoin has now increased several thousand times. those who invested in Bitcoin at that time have now made hundreds of thousands of times their profits, but it is doubtful who could have held for such a long time because few investors have the patience. Not only at the beginning, those who invested in Bitcoin during the last deep market also got to make a lot of profit. so those who can afford to invest in Bitcoin and hold it for a long time will get much better results.

[Husires]

HODLing Bitcoin means that a person bought Bitcoin for the purpose of investment, kept it for several years and then decided to sell it with the intention of investing, but it is rare to find a person since 2010 who bought Bitcoin with the intention of investing, or the price will rise after several years.
a lucky person who tried Bitcoin mining in 2010 and now has several million dollars.

[Zigabel]

HODLing has always been the best resort for most Bitcoin investors because it's proven to be one of the safest way to keep staying profitable with only very little risk involved in it but other method  although has been really good but has been risky especially talking about trading, it's away of making money almost quickly from cryptocurrency buy has aswell been seen to be very risky due to volatility which sometimes isn't what the reader will be able to handle because they may not be knowledgeable enough to handle such situations so it's best they stick to buying, Hodling and seeling at higher price to make profits.

If you HODL you reduce your chances of being at risk of a loss or been at risk of loosing your asset even when there's volatility, hodling reduces the risk attached even with all the volatility that may come along side while hodling your assets.

[ultrloa]

Woah. That is indeed crazy. Such a huge respect to whoever that person
for having the patience and trust in bitcoin. They have gained so much profits.
Makes me kind of jealous I was not yet aware of bitcoin at 2010 but hey, at least
now I am holding it and I intend to hold it for dear life

We are really jealous when we think about the history of Bitcoin. Because the initial value of Bitcoin has now increased several thousand times. those who invested in Bitcoin at that time have now made hundreds of thousands of times their profits, but it is doubtful who could have held for such a long time because few investors have the patience. Not only at the beginning, those who invested in Bitcoin during the last deep market also got to make a lot of profit. so those who can afford to invest in Bitcoin and hold it for a long time will get much better results.

There some instances that we think that if there's a time machine for sure we will go back from the past and buy a lot of bitcoins or do those task that can give us huge volume of bitcoin then get a lot of gains on present times. But this is all fantasy that's why we need to look up at present time since we can still do some good actions and decisions so that we will not regret for many times that we didn't hodl our bitcoins since as of know there's a lot of opportunity to do it and earn the same with old people from the past if we are just eager and can execute well their plans to hodl for long period of time.

[leonair]

Woah. That is indeed crazy. Such a huge respect to whoever that person
for having the patience and trust in bitcoin. They have gained so much profits.
Makes me kind of jealous I was not yet aware of bitcoin at 2010 but hey, at least
now I am holding it and I intend to hold it for dear life

We are really jealous when we think about the history of Bitcoin. Because the initial value of Bitcoin has now increased several thousand times. those who invested in Bitcoin at that time have now made hundreds of thousands of times their profits, but it is doubtful who could have held for such a long time because few investors have the patience. Not only at the beginning, those who invested in Bitcoin during the last deep market also got to make a lot of profit. so those who can afford to invest in Bitcoin and hold it for a long time will get much better results.

There some instances that we think that if there's a time machine for sure we will go back from the past and buy a lot of bitcoins or do those task that can give us huge volume of bitcoin then get a lot of gains on present times. But this is all fantasy that's why we need to look up at present time since we can still do some good actions and decisions so that we will not regret for many times that we didn't hodl our bitcoins since as of know there's a lot of opportunity to do it and earn the same with old people from the past if we are just eager and can execute well their plans to hodl for long period of time.

If there was a real thing called time machine in the world then I think everyone would use time machine atleast 1 time to take advantage of this bitcoin no matter how expensive it is.  No one can say who has been able to take full advantage of Bitcoin since its inception.  Because Bitcoin has made new ATHs several times during that time and done so at much higher prices.  So even at that time, it is very unlikely that anyone can control themselves and hold bitcoins until now

[bitzizzix]

I like to think that the person behind this wallet is someone that knows bitcoin intimately and has some knowledge in tech and finance and they've come to a conclusion that it's a worthy investment that they've considered investing and hodling or better yet, they could've invested to it for the fun of it and just hold on to it, initially thinking that it's nothing and then it grew in price and they just kept on buying until they got to this point. Definitely a testament to the power of hodling, not just with bitcoin but also the hodling itself since you can probably do it with other crypto out there.

You are right, they are not only very familiar and knowledgeable about Bitcoin which makes them strong HODLing because they have a strong belief in Bitcoin. And without strong conviction and patience, they will sell when Bitcoin price reaches its new ATH several times.
And because of their strong belief and patience, they feel dissatisfied because they firmly believe that in the future or long term the price of Bitcoin will be much higher which will give them much bigger profits. Until they are satisfied with the price they want to sell, because Bitcoin's footsteps make them think that Bitcoin will continue to grow so that it will increase the price.
It seems like those who are HODLing because of strong hands, they are always smiling and sitting back watching the growth that makes Bitcoin prices continue to rise, and they must feel very comfortable and also not worried about their current and future circumstances.

[kryptqnick]

Hodling for more than a decade has several requirements. First, a person must take that investment seriously throughout the years, which means storing it safely and knowing where it's stored (to avoid accidentally locking oneself out). Second, a person must be very patient. Over the years, various prices seemed really big. Not selling for several hundred, several thousand, and even for dozens of thousands isn't easy. Finally, a person should either have enough savings elsewhere for emergencies or have a very calm 10+ years, without ever needing to sell.
Overall, I think people should do what feels right to them. It's great to hodl long-term, but there's no need to worry if it doesn't work out, and you need to sell some of it.

[Agbe]

I was also thinking that coins which the hodler has lost the seed phrase plus the password has lost to the ocean of the Blockchain. And really the owner of this coins is the last billionaire in his country. I have also seen someone in Instagram hodling a vet big or large number of bitcoin in his custody. And those early investors who were patient to the core and not the once that small fluctuation, they would begin panic and sell off the coin. I really like those who are patient and understand the market to hodle their coins to this level. I always tell people that come to me to enquire  the knowledge of bitcoin that if they understand the market, they won't be afraid of the volatile nature of bitcoin and all what they need to do is patient. But as a routine investor, you have to monitor the market so that they can buy at the cheap time and top it to their portfolio.

And holding bitcoin for a long time most follow some principles of investment. The investor must have job, or other business so that the investment will not be tempered.

[Rruchi man]

So I bring this for some folks to actually share atleast boost our spirits in the HODL journey especially those newbie to the space, that if someone out there is still HODLing why not HODL?.

A more dedicated hodler can benefit more from bitcoins than an inconsistent trader or even a miner. The challenge to keeping your Bitcoin is avoiding temptation to want to use them and always this temptation are not always things that are not important, they may also be things that are important.

To this legendary hodler who has set a good example, I am certain that he was also tempted to tamper with their bitcoins at some point while they were hodling. This hodler is a living example of discipline.

[Peanutswar]

If you have other time to deal with besides watching the market all day holding is one of the best ideal things to do, you just need to put your asset, to the lowest price, wait to get to the all-time high, and make an quick flip once you are satisfied with your earnings. Bitcoin showed its potential for this kind of strategy so why not take a ride of it? That record seems old because of the large amount transacted with the BTC and if that is currently true the market goes pump immediately. If you are keeping an eye on the market, DCA is the most suitable strategy and wait for the halving to come.

[tottong]

I think there's probably a reason why they say patience is virtue and it's something most humans don't have and in the case of Bitcoin journey, it's something that everyone needs to actually achieve that financial boost goal in the HODLing of our Bitcoin.

So I bring this for some folks to actually share atleast boost our spirits in the HODL journey especially those newbie to the space, that if someone out there is still HODLing why not HODL?.

Holding requires patience and calm for anyone who does it because this asset is volatile so calm is needed because the market can go sideways.
The purpose of holding is to get maximum profits from the investment undertaken, but it depends on a person's mental readiness. Even though we can now understand that bitcoin always gives rise to repeating cycles, not everyone can understand its journey.
When we decide to hold, the step we need to think about is how to collect because holding is long and it is certain that the profits we get will take time.
If someone is only ready to hold and does not have a strategy for collecting then the assets we have will not increase and it would be a very disadvantaged if Bitcoin reaches ATH, we will lose the opportunity to make big profits from it.

[Spaceman1000$]

So I just saw this on platform X and it really got my attention because when I reasoned it, it's actually quite crazy but real too and many Bitcoin HODLers today don't really know the power and benefits behind this particular thought of action.

Here is the link from 0.20$ to $70k

HODLing of Bitcoin is probably the most talk and deliberated matter on the crypto space and even here in the community. And it's funny how many people have turned a blind eye to this and some persons are feeling that Bitcoin price today is too big to buy well the thing is that everytime is a good time to buy, that's if you are a long term holder and I for one, am shocked at seeing how Bitcoin has been held for almost 14 years now although I know they are still some folks still HODLing and even planning to keep for longer terms maybe when Bitcoin reaches $200k to $500k before they actually sell off.

I think there's probably a reason why they say patience is virtue and it's something most humans don't have and in the case of Bitcoin journey, it's something that everyone needs to actually achieve that financial boost goal in the HODLing of our Bitcoin.

So I bring this for some folks to actually share atleast boost our spirits in the HODL journey especially those newbie to the space, that if someone out there is still HODLing why not HODL?.

Note:: remember to keep your coins safe too that's base on the preference of a non-custodial wallet or cold wallet if you are HODLing for long term

It's actually amazing to see HODLer that has been patient for these long period of time, patient is actually a virtue and for this investor, I think people need to study and adopt his strategy.

HODLing has been one of the best ways of investing in bitcoin, because it gives you value for your patience and that alone, is what most investors are looking for.  This guy's ability to hold for 14 years will certainly encourage new investors that are future oriented not to buy and sell in a hurry whenever it gets to a new ATH.

[DaNNy001]

You cant imagine if some invested bitcoin the last time it went down to $16,000 and hold till 2030, how huge his financial wealth could have turned to, this is how bitcoin could be that profitable because it has the ability of making an increasing value with time and the market will always pump regardless of the economy situation, inflation and other government policies and economical activities couldn't affect the use and adoption of bitcoin because everyone investing is having the future profitability in it and that is why they could mange to invest and hodl knowing it will be the best thing for them than when they chose fiat.

Chosing to save your money in fiat is the worse thing you could possibly do except you are the type of investor that isn't planning to keep that investment for long because I believe that same amount you kept over the years will lose all it's purchasing power due to inflation and other factors that the fiat could undergo.

Taking the bold step to hoard Bitcoin with the understanding now that the Bitcoin could earn you or make you filthy rich in the future is probably the major reason most people are craving to get their hands on Bitcoin but the ignorant and less ambitious one will still fall short at this, some will even go as far discouraging you.

[lalabotax]

I think there's probably a reason why they say patience is virtue and it's something most humans don't have and in the case of Bitcoin journey, it's something that everyone needs to actually achieve that financial boost goal in the HODLing of our Bitcoin.

Really, really believe in the power of holding Bitcoin. Yes, although I can't get that much from holding for years, because I've only been doing it for a few years. However, up to now, the results have started to become very clear. Very cool. Moreover, when I bought Bitcoin in the initial bearish period, which was still under $18k, I can only imagine how long it had been this high. Pretty convincing, oops, very convincing. Indeed, this is Bitcoin holding power, you don't need to think hard or be complicated because you have to think about various market codes, the important thing is to continue holding until we reach a certain target.

Note:: remember to keep your coins safe too that's base on the preference of a non-custodial wallet or cold wallet if you are HODLing for long term

This part is also very crucial. Security in investing, especially holding Bitcoin for a long time, is very important. Because after all, asset security is very important to keep our assets safe and not lost in various conditions. So, look after our assets very well and carefully.

[Rockstarguy]

It's not the first time I've seen a longterm holding address, nor is it the largest. It really takes a lot of courage to hold onto Bitcoin for a long time, and for those who've been around since the beginning, they're the true Bitcoin believers. Many people feel tempted to sell their Bitcoins when the price suddenly drops. That's why it's important for longterm holders to check the market less often. This helps prevent fear and the panic that often leads investors to sell in the short term.

The problem with people investing bitcoin is the mindset of getting quick profit and not understanding the volatility of the market.  If people have mindset of making profit in bitcoin fast it will  be difficult for them hodl bitcoin because their interest is just to make profit quick, and with this mindset of making profit so quick volatility will be a big threat to investors like this because when the price of bitcoin drops they would think they are losing all they have invested because their target and expectations have always to earn profit.

Investors needs to understand the volatility in bitcoin very well not to panic when a dip occurs,  when the market goes down it doesn't mean it is a lose. It can only be a lose when one sells out of fear of lose, the dip is just for a moment which will not remain forever. We need to learn how to make good decisions in hodling.

[buubynft]

hodll with this https://photon-sol.tinyastro.io/@Poloiceking

[Arenga pinnata]

As someone who is actually new to the crypto industry, especially as a bitcoin hodler, I feel honored to be able to see an example of the results of patience as a true hodler who ultimately achieved true profits from the results of his patience in holding bitcoin for 14 years. Now I'm starting to ask myself if I will be able to hold onto the bitcoins I own for the next 14 years. I might have to try to do it. And seeing this actually gave me a new enthusiasm to keep accumulating. Hope everyone is motivated to see this.

[Assface16678]

As someone who is actually new to the crypto industry, especially as a bitcoin hodler, I feel honored to be able to see an example of the results of patience as a true hodler who ultimately achieved true profits from the results of his patience in holding bitcoin for 14 years. Now I'm starting to ask myself if I will be able to hold onto the bitcoins I own for the next 14 years. I might have to try to do it. And seeing this actually gave me a new enthusiasm to keep accumulating. Hope everyone is motivated to see this.

I think you could do it as long as you have the dedication to do so. I know it's very hard to fight the temptation of selling your assets or some of your assets when the price of bitcoin is in a good movement or the price itself, especially during a bull run. It can't be helped, but in my experience over the years, I still manage to have bitcoin holdings, meaning I sometimes sell some of my bitcoin assets, especially during a bull run. The reason is valid because I have to buy something that I need or something that I want, but I'm making sure that I will still do DCA in order to have more assets to hold on. It's like I have a cycle on how I will invest in bitcoin. I know you can do it. Keep on holding your assets and fight the temptation and urge to sell all your assets.

[CryptSafe]

This is interesting. I could imagine how patient the owner of that wallet could be to have held such volume of Bitcoin for such a long time interval. Possibly the owner could have other means by which they earn a living because I know that such amount is so tempting to hold with the price fluctuations.

Kudos to the owner of such wallet because It takes patience alone to be able to hodle for such a long time. This could make the owner a millionaire in dollars if he or she continues persistently holding for a long time interval.

[fuguebtc]

Possibly the owner could have other means by which they earn a living because I know that such amount is so tempting to hold with the price fluctuations.

We all know the power and benefits of long-term holding, the longer you hold, the greater the profit . But the problem is that everyone's life is different and most of us here are people who need money to sustain our lives . So holding has many limitations and that is something we have to accept .

Like me, I have an outside source of income besides investing in bitcoin . And my salary is only enough for me to spend to maintain daily life, but to be able to buy a house , buy a car or provide better needs for my children is impossible. Therefore , I need to sell my bitcoins during the upcoming bull season to serve my life's needs.

Holding on is sometimes easy for some but also a challenge for many .

[Poker Player]

Yes of course, holding is very powerful, but who is able to hold out without selling something worth $400 until it becomes $140M? Someone who is already a millionaire. Most of us in the thread, and most of the forum would have started selling before that even became $100K. Someone who has a regular job and trouble making ends meet can't hold an investment of hundreds of thousands untouched to see if it turns into many millions.

[yudi09]

https://talkimg.com/images/2024/03/27/V2xlj.jpeg
So I just saw this on platform X and it really got my attention because when I reasoned it, it's actually quite crazy but real too and many Bitcoin HODLers today don't really know the power and benefits behind this particular thought of action.

Here is the link from 0.20$ to $70k

Holding requires patience. The power of patience is valuable if everyone is able to persist in a belief.

This Bitcoin probably came from mining in 2010. If you calculate how long Bitcoin owners are still holding, then their patience has lasted for 14 years.
There are no other words other than those Bitcoin holders are winners.
They won from a price of $0.20 to now worth $71K. If after the ETF approval Bitcoin experiences a surge of 91% according to Bitcoin Archive, then they will make huge profits when Bitcoin price trades at $100K to $150K after the halving.

[Qwertykk]

https://talkimg.com/images/2024/03/27/V2xlj.jpeg

So I just saw this on platform X and it really got my attention because when I reasoned it, it's actually quite crazy but real too and many Bitcoin HODLers today don't really know the power and benefits behind this particular thought of action.

Here is the link from 0.20$ to $70k

HODLing of Bitcoin is probably the most talk and deliberated matter on the crypto space and even here in the community. And it's funny how many people have turned a blind eye to this and some persons are feeling that Bitcoin price today is too big to buy well the thing is that everytime is a good time to buy, that's if you are a long term holder and I for one, am shocked at seeing how Bitcoin has been held for almost 14 years now although I know they are still some folks still HODLing and even planning to keep for longer terms maybe when Bitcoin reaches $200k to $500k before they actually sell off.

I think there's probably a reason why they say patience is virtue and it's something most humans don't have and in the case of Bitcoin journey, it's something that everyone needs to actually achieve that financial boost goal in the HODLing of our Bitcoin.

So I bring this for some folks to actually share atleast boost our spirits in the HODL journey especially those newbie to the space, that if someone out there is still HODLing why not HODL?.

Note:: remember to keep your coins safe too that's base on the preference of a non-custodial wallet or cold wallet if you are HODLing for long term

.

Holding is quite a problem for some people.

Some people get choked up with little issues in life and sees no way out other than selling theirs.

Some feel content with whatever value is above their cap...

[RockBell]

HODLing has always been the best resort for most Bitcoin investors because it's proven to be one of the safest way to keep staying profitable with only very little risk involved in it but other method  although has been really good but has been risky especially talking about trading, it's away of making money almost quickly from cryptocurrency buy has aswell been seen to be very risky due to volatility which sometimes isn't what the reader will be able to handle because they may not be knowledgeable enough to handle such situations so it's best they stick to buying, Hodling and seeling at higher price to make profits.

If you HODL you reduce your chances of being at risk of a loss or been at risk of loosing your asset even when there's volatility, hodling reduces the risk attached even with all the volatility that may come along side while hodling your assets.

When you look at whales, all they do is hold whether the price is rising or falling. I was imagining what would happen to the market if any whale decided to sell. So, as holding is favorable, I considered the other side of it. People choose to retain because they believe that if the price falls, it will recover. And that is why you see a lot of people want to hold. They are trying to aviod the risk behind trading and they don't have to do much of market study. That is why many people will continue to prefer to hold rather than trade. Less risk, less worry, and much more. All have their advantages. You will make money based on how effectively you specialize in your field. It is up to you to buy when the price is low and sell when the price is high.

[Negotiation]

Holding minimizes risk a lot and is very powerful investors who have become multi-millionaires through this holding just have to wait patiently. Durable results never go bad there are many investors who unknowingly sell small profits but later regret it. Now is the time to become millionaires for those who have held bitcoin since the beginning. Being able to hold on for so long has reached the pinnacle of success.

[blckhawk]

Woah. That is indeed crazy. Such a huge respect to whoever that person
for having the patience and trust in bitcoin. They have gained so much profits.
Makes me kind of jealous I was not yet aware of bitcoin at 2010 but hey, at least
now I am holding it and I intend to hold it for dear life

Definitely biggest respect, if this person really did hodl this long then that means that this man trusted the process and that they believe in the technology and the utility of bitcoin. I guess your faith in bitcoin doesn't really need to be that strong but you need to have that faith because if you did, bitcoin would eventually deliver and give you the profit that you deserve for hodling and waiting it out. That person is probably ecstatic right now with the value of the bitcoin that they've got, they're celebrating right now even if they don't sell anything right now.

[GideonGono]

I'm curious about how did they made it this far, did they just invest in early stage and forget about it or did they really endured the greed of taking profit from all those year.
Honestly I know that I couldn't do that kind of move, even if the money that I've invested is just an excess from my salary, I would surely move it or take profit when it fly high.

[Dunamisx]

If we are investing in bitcoin and are ready to hodl, then its most likely that we are going to be profitable in it because it appreciate over time and there's no way bitcoin can be influenced negatively by the impact of inflation on the economy, also, if we are to look in the way bitcoin appears, its a decentralized digital currency that doesn't have the influence of the centralized economy on its network or market price.

[BABY SHOES]

The news will come again that the first HODLer BTC will take out his old wallet.

Imagine that bitcoin used to be priceless now become millionaires if they have thousands of bitcoins that used to be HODL until now, this is important to remind us to keep investing when the price is as low as possible, then imagine into the future 14 years from now will bitcoin go to $500K? Still very possible.

2010 did not know anything and many outsiders have known bitcoin since early on, I don't feel sorry because it's a different life but now it will slowly know how important bitcoin is for HODL.

[Tmoonz]

Holding is powerful because it gives you the compounding value of yourself investment over time, any that one considering Bitcoin in his portfolio should have that certain level of preparedness that will accompany him or her in the investment journey in other not to sell too soon but hold in other to experience the power of compounding value of his investment over time.

[Furious 7]

I think there's probably a reason why they say patience is virtue and it's something most humans don't have and in the case of Bitcoin journey, it's something that everyone needs to actually achieve that financial boost goal in the HODLing of our Bitcoin.

So I bring this for some folks to actually share atleast boost our spirits in the HODL journey especially those newbie to the space, that if someone out there is still HODLing why not HODL?.

Note:: remember to keep your coins safe too that's base on the preference of a non-custodial wallet or cold wallet if you are HODLing for long term

This is a form of seriousness from investors where what is done is not only based on words about bitcoin is a good innovation and worth doing but he actually takes action where he continues to buy while he can and collects without caring what happens in the temporary movement of bitcoin whether it goes up or not he doesn't really care about that because the long term is the target that is really wanted.

He is a legendary where because it is very strong to hold until now and is not too affected by the value that occurs and I think it will be very rare for us to find something like this because it is indeed a rarity where in the end when the mindset of most people immediately sells bitcoin when it has profited several times but he continues to hold with the belief that bitcoin can be even higher in the future.
 

[_BlackStar]

-snip-

Holding is quite a problem for some people.

Some people get choked up with little issues in life and sees no way out other than selling theirs.

Some feel content with whatever value is above their cap...

Problems are more likely for anyone who fails to properly prepare their investment plan - meaning you should never invest without planning. New investors are very likely to invest their entire budget without realizing how important an reserve budget is - this can cause them to make changes to their investment plans including having to sell all their investment assets rather than hold them long term.

Without a reserve budget or emergency budget - you will most likely mess up your investment plans due to lack of other solutions other than selling assets. This is the importance of an reserve fund - it can at least give you a temporary solution before selling investment assets and this depends on how much budget you need. Set a limit on your investment budget - set aside a few percent of it as an reserve fund.

[tottong]

If we are investing in bitcoin and are ready to hodl, then its most likely that we are going to be profitable in it because it appreciate over time and there's no way bitcoin can be influenced negatively by the impact of inflation on the economy, also, if we are to look in the way bitcoin appears, its a decentralized digital currency that doesn't have the influence of the centralized economy on its network or market price.

It is a common understanding that investing in bitcoin for the long term will produce profits because the strength of bitcoin will look better if it is held for the long term.
But this applies to people who already understand the conditions of bitcoin's journey because there are many people out there who still don't believe in bitcoin as a step to achieving financial freedom.
Bitcoin is a source of strength in a bad economy and even due to the impact of inflation, Bitcoin is still one of the best assets that is able to maintain its value. That's why the power of bitcoin has been so tested that it has achieved widespread adoption and this happened because people saw the best opportunity that bitcoin had.

[suzanne5223]

Holding is powerful because it gives you the compounding value of yourself investment over time, any that one considering Bitcoin in his portfolio should have that certain level of preparedness that will accompany him or her in the investment journey in other not to sell too soon but hold in other to experience the power of compounding value of his investment over time.

Holding is indeed powerful but it's not something easy to do as some people view it because 70% of all holders of Bitcoin later sell it along the line and it's not because they don't understand the power of holding with the benefit it entices. It is because they don't understand or have the knowledge of what they ought to do so they can continue keeping their bag and overcome emergency selling.

[Hypnosis00]

That looks unbelievable for a person who really has the guts to to hold and keep holding for many years without touching any from it even during the ATH. I'd feel the real trust there and he strongly believes that the price of Bitcoin will continue to rise which makes that person hold and have no intention of selling for now.

Well, if you are really a rich person, we can't just think about it because we have not only focused on a single investment. That is a big factor in why some people especially the person behind that wallet never touched his/her Bitcoin until today. If he is just an average or poor person, I don't think we can still see that amount, that certainly emptied every bull season.

[Vincom]

Holding minimizes risk a lot and is very powerful investors who have become multi-millionaires through this holding just have to wait patiently. Durable results never go bad there are many investors who unknowingly sell small profits but later regret it. Now is the time to become millionaires for those who have held bitcoin since the beginning. Being able to hold on for so long has reached the pinnacle of success.

Early Bitcoin holders have achieved truly impressive profits, however I can also imagine the hardships they endured when deciding to continue holding when the price reached ATH or when the crypto market entered a crypto winter with a 70-80% decline of BTC price. In addition, the most important thing they did was make the wise decision to choose the right asset to hold: BTC, the crypto king! If they had held other tokens that were once in the top 10 such as Peercoin (PPC) or Namecoin (NMC), their profits would have turned into losses.

Currently, investors are also faced with the decision of whether to hold BTC for the long term, about 10-15 years. I believe that the majority will prefer to invest in altcoins to get higher profits in each altseason. That could also be the reason why many people who used to have a lot of BTC but couldn't hold and become millionaires.

[boyptc]

That looks unbelievable for a person who really has the guts to to hold and keep holding for many years without touching any from it even during the ATH. I'd feel the real trust there and he strongly believes that the price of Bitcoin will continue to rise which makes that person hold and have no intention of selling for now.

Or possibly that he didn't care at all all of this time but he's aware of his holdings.

Usually, a person like this have got other source of income and have got a busy world on how they're going to spend their wealth.

Now, another good problem came out on how he's going to spend it again. 

Mad respect to the guy for holding this long.

[GreatArkansas]

That looks unbelievable for a person who really has the guts to to hold and keep holding for many years without touching any from it even during the ATH. I'd feel the real trust there and he strongly believes that the price of Bitcoin will continue to rise which makes that person hold and have no intention of selling for now.

Or possibly that he didn't care at all all of this time but he's aware of his holdings.

Usually, a person like this have got other source of income and have got a busy world on how they're going to spend their wealth.

Now, another good problem came out on how he's going to spend it again. 

Mad respect to the guy for holding this long.

True, a lot of people will relate. This person can be like cleaning then he/she finds some treasure
These days, it's now impossible to hold this very long if you know you have Bitcoins and can use them since 2010, a lot of roller coaster rides happened in Bitcoin that will shake emotions of people.

[MusaMohamed]

True, a lot of people will relate. This person can be like cleaning then he/she finds some treasure
These days, it's now impossible to hold this very long if you know you have Bitcoins and can use them since 2010, a lot of roller coaster rides happened in Bitcoin that will shake emotions of people.

Now in 2024 and in future, it is and will be more easier to have belief in Bitcoin to hold it for a long time as a solid asset for your portfolio and wealth.

In past years like 2009, 2010, 2013 and before the bull run of 2017, it was harder to hold Bitcoin because back in these years, Bitcoin still has big risk to fail and die. Since 2017 - 2018 bull run, when Bitcoin made its all time high to nearly $20,000, belief in Bitcoin became bigger and fact is Bitcoin already shown its very strong survival. Since then, it's more easily to hold Bitcoin and from 2017 to 2024, people like me have more reasons to hold my bitcoins.

[Out of mind]

OP, I saw this post of yours and my vision went up a lot with so many bitcoin holdings. It is really interesting that people are keeping their money invested in bitcoins or paying them more money, from which they have succeeded in making huge profits. If this is a space that goes from buying low-cost bitcoins to buying higher-priced bitcoins, then I think it's a whale wallet that has a lot of bitcoins. If this whale is holding so many bitcoins, then surely he has long term plans where he will get more profit. If the price of bitcoin holds until it goes up to $500k, then surely he is holding bitcoin for long term investment. And when Bitcoin goes to this level it's really fascinating how much it will gain, and I'm really attracted to this investment, of course it's held for the long term. The person holding so many bitcoins here must be a patient and wise person and I think he will buy more sales in future and hold it for long term.

[Asuspawer09]

I mean if they still have access to this Bitcoin, I gonna give them that one its a real dedication and its not a easy thing to actually do, holding for years is probably torture, I wouldn't say it wasn't smart at all since at the moment the value of this is just to the roof, probably could millions and billion of dollars in today's money, but hopefully they still have access to this Bitcoin because in those years its not easy to monitor it unless they are really aware and have knowledge on what is happening on Bitcoin and intentionally HODLing in years. We could maybe assume that most of this are lost Bitcoin already, I mean its already a common cases, since these addresses doesn't really have any movements for years already.

I watched a YouTuber reviews low-income people who actually become a millionaire before they die, there are some people there who invested 60$ back in a stock market company that is now valued at millions of dollars, which proves how powerful it is to hold on your assets, and these reviews are on stock market, which are companies that takes a long time before even having a huge movement on its price, compared to cryptocurrency that is more volatile that stock. I guess a lot of traders these days was just not patient enough on the market because they just want to make a quick cash expecting do always do a shortcut in the market become a millionaire in a short amount of time.

[Bravut]

Holding of BTC is the only way and proven approach to enjoy the immense benefit of bitcoin. Past track of price movement and data present shows that long term view in the bitcoin market is appreciative. Buying, accumulating the fuck out of bitcoin, and holding in space of 4yrs - up, that bitcoiners will surely see immense profits he would realise than others that  buy and sell once in profits in short term space.

While the whales keep soaring higher is as a result of them accumulating and holding enough bitcoins, they base on building huge portfolio than seeking profits on there holdings, bitcoin is not only a valuable digital asset but also Precious as Gold, Diamond and currently the most invested market with a market cap of $1,376,070,650,994 . It high time we look beyond and value your holdings.

Before one can say he has invested or making any investment plan, patience need to be tested because it wouldn't be all good, the value would be in ups and down.
Investment plan should have minimum of 4 years space time, not some 6mths, 2yrs plan.
So, while we buy, we hold and keep accumulating, when we want to sell, we sell off only part of the holdings mininum of 4yrs interval.

[pinggoki]

HODLing Bitcoin means that a person bought Bitcoin for the purpose of investment, kept it for several years and then decided to sell it with the intention of investing, but it is rare to find a person since 2010 who bought Bitcoin with the intention of investing, or the price will rise after several years.
a lucky person who tried Bitcoin mining in 2010 and now has several million dollars.

It's a really crazy thing to do if you ask especially during the early days that this person is buying or mining and hodling bitcoin because most of the time during those times, miners quickly sell what they've got, that man's faith to bitcoin is one of a kind of faith because they were able to hold on to it for this long and their faith was rewarded, this is definitely a testament to what you can do if you just trusted the process and you continue hodling your bitcoin and not minding the current climate of the market, just hodl until you've reached your goal and you'd be rewarded with huge profits.

[Blitzboy]

If we are investing in bitcoin and are ready to hodl, then its most likely that we are going to be profitable in it because it appreciate over time and there's no way bitcoin can be influenced negatively by the impact of inflation on the economy, also, if we are to look in the way bitcoin appears, its a decentralized digital currency that doesn't have the influence of the centralized economy on its network or market price.

It is a common understanding that investing in bitcoin for the long term will produce profits because the strength of bitcoin will look better if it is held for the long term.
But this applies to people who already understand the conditions of bitcoin's journey because there are many people out there who still don't believe in bitcoin as a step to achieving financial freedom.
Bitcoin is a source of strength in a bad economy and even due to the impact of inflation, Bitcoin is still one of the best assets that is able to maintain its value. That's why the power of bitcoin has been so tested that it has achieved widespread adoption and this happened because people saw the best opportunity that bitcoin had.

Bitcoin isnt just a way to make money quickly; its a long-term bet that will change the way money is handled. Its like a hedge against inflation that cant be found in other types of investments. How volatile? Its there, but smart buyers know thats just how things are.

But not everyone believes. That makes sense; its a new idea. But more and more people are seeing what it could be. Institutional investors and big businesses know how valuable it is. Really, if you're not in the game, you're missing a chance to become financially free.

Do not worry, Bitcoin is not going away. Smart people made this play. Do I belong with them? Of course. But I read up on it, knew the risks and the possibilities, and then I made the decision. Its the best choice I've ever made in years.

[tottong]

Bitcoin isnt just a way to make money quickly; its a long-term bet that will change the way money is handled. Its like a hedge against inflation that cant be found in other types of investments. How volatile? Its there, but smart buyers know thats just how things are.

But not everyone believes. That makes sense; its a new idea. But more and more people are seeing what it could be. Institutional investors and big businesses know how valuable it is. Really, if you're not in the game, you're missing a chance to become financially free.

For me, bitcoin is not a way to make money quickly because there is a process that we have to wait for to get maximum profit. Profits will be proportional to the capital we spend, so the greater the capital we use, the greater the profits we will get.
It is not necessary for everyone to believe in bitcoin because trust will arise when they begin to understand the journey of bitcoin.
We will get the opportunity if someone wants to carry out investments correctly and bitcoin will become a source of financial freedom when people dare to get involved in it.

Do not worry, Bitcoin is not going away. Smart people made this play. Do I belong with them? Of course. But I read up on it, knew the risks and the possibilities, and then I made the decision. Its the best choice I've ever made in years.

And even if Bitcoin is lost, I think it is unlikely that it will happen because as we can see now, Bitcoin has provided the resilience to reach its highest value.
The best choice is to take a chance in it and save bitcoin until it reaches the next ATH so that we will get maximum profit from it.

[boyptc]

That looks unbelievable for a person who really has the guts to to hold and keep holding for many years without touching any from it even during the ATH. I'd feel the real trust there and he strongly believes that the price of Bitcoin will continue to rise which makes that person hold and have no intention of selling for now.

Or possibly that he didn't care at all all of this time but he's aware of his holdings.

Usually, a person like this have got other source of income and have got a busy world on how they're going to spend their wealth.

Now, another good problem came out on how he's going to spend it again. 

Mad respect to the guy for holding this long.

True, a lot of people will relate. This person can be like cleaning then he/she finds some treasure
These days, it's now impossible to hold this very long if you know you have Bitcoins and can use them since 2010, a lot of roller coaster rides happened in Bitcoin that will shake emotions of people.

Exactly.

Probably this guy just found his old harddrive and remembered that he's got Bitcoins from the old days and luckily, he found it.

But anyway, if it's the opposite and he's got firmly holding it for all of these years, that's why true respect for his patience.

[DanWalker]

That looks unbelievable for a person who really has the guts to to hold and keep holding for many years without touching any from it even during the ATH. I'd feel the real trust there and he strongly believes that the price of Bitcoin will continue to rise which makes that person hold and have no intention of selling for now.

Or possibly that he didn't care at all all of this time but he's aware of his holdings.

Usually, a person like this have got other source of income and have got a busy world on how they're going to spend their wealth.

Now, another good problem came out on how he's going to spend it again. 

Mad respect to the guy for holding this long.

True, a lot of people will relate. This person can be like cleaning then he/she finds some treasure
These days, it's now impossible to hold this very long if you know you have Bitcoins and can use them since 2010, a lot of roller coaster rides happened in Bitcoin that will shake emotions of people.

Exactly.

Probably this guy just found his old harddrive and remembered that he's got Bitcoins from the old days and luckily, he found it.

But anyway, if it's the opposite and he's got firmly holding it for all of these years, that's why true respect for his patience.

If someone buys bitcoin from now and holds it for the next 10 years, and 10 years from now I will definitely believe this story because everything about bitcoin has become clearer and more certain. But to talk about buying and holding bitcoin 10 years ago is truly an unbelievable story because at that time bitcoin was not highly appreciated and a profit of 10, 100 times was also a dream profit that no one can resist. I don't know what the truth behind it is, but for me, it's hard to believe that someone could hold bitcoin for the past 10 years.

[eightdots]

HODLing Bitcoin means that a person bought Bitcoin for the purpose of investment, kept it for several years and then decided to sell it with the intention of investing, but it is rare to find a person since 2010 who bought Bitcoin with the intention of investing, or the price will rise after several years.
a lucky person who tried Bitcoin mining in 2010 and now has several million dollars.

It's a really crazy thing to do if you ask especially during the early days that this person is buying or mining and hodling bitcoin because most of the time during those times, miners quickly sell what they've got, that man's faith to bitcoin is one of a kind of faith because they were able to hold on to it for this long and their faith was rewarded, this is definitely a testament to what you can do if you just trusted the process and you continue hodling your bitcoin and not minding the current climate of the market, just hodl until you've reached your goal and you'd be rewarded with huge profits.

Not selling Bitcoin for a long time and waiting for its price to increase is something many people want to do. In order to do this, you need to know Bitcoin in time, invest and have the financial strength to earn a living in the meantime. Not everyone can achieve this, so the number of people who do this is quite low.

We all know that Bitcoin will become more valuable, but while we have Bitcoin, we must also have the financial power to meet our needs. If we do not have this power, we will be forced to sell when the price of Bitcoin increases.

Acting according to the market climate and waiting for a long time is a good investment method, but there are many factors that affect this situation.

[2Pizza410000BTC]

So I just saw this on platform X and it really got my attention because when I reasoned it, it's actually quite crazy but real too and many Bitcoin HODLers today don't really know the power and benefits behind this particular thought of action.

Here is the link from 0.20$ to $70k

HODLing of Bitcoin is probably the most talk and deliberated matter on the crypto space and even here in the community. And it's funny how many people have turned a blind eye to this and some persons are feeling that Bitcoin price today is too big to buy well the thing is that everytime is a good time to buy, that's if you are a long term holder and I for one, am shocked at seeing how Bitcoin has been held for almost 14 years now although I know they are still some folks still HODLing and even planning to keep for longer terms maybe when Bitcoin reaches $200k to $500k before they actually sell off.

I think there's probably a reason why they say patience is virtue and it's something most humans don't have and in the case of Bitcoin journey, it's something that everyone needs to actually achieve that financial boost goal in the HODLing of our Bitcoin.

So I bring this for some folks to actually share atleast boost our spirits in the HODL journey especially those newbie to the space, that if someone out there is still HODLing why not HODL?.

Note:: remember to keep your coins safe too that's base on the preference of a non-custodial wallet or cold wallet if you are HODLing for long term

Holding is not for everyone and it is important to have a desired goal while holding. I have been holding bitcoins but I will hold my bitcoins until I reach my desired goal with my investment. My desired target is $150k to $170k dollars I will not set my desired signal between $200k to 500k dollars I will only be forced to sell my bitcoins when bitcoin reaches between $150k to $170k because I will sell there and wait for the next dumping some dumping. But again and move on with the next goal. Of course a safe wallet is required to keep investments. Everyone who invests must ensure a safe wallet and invest otherwise his investment can be lost at any moment and his investment will be at maximum risk.

[qwertyup23]

That looks unbelievable for a person who really has the guts to to hold and keep holding for many years without touching any from it even during the ATH. I'd feel the real trust there and he strongly believes that the price of Bitcoin will continue to rise which makes that person hold and have no intention of selling for now.

Or possibly that he didn't care at all all of this time but he's aware of his holdings.

Usually, a person like this have got other source of income and have got a busy world on how they're going to spend their wealth.

Now, another good problem came out on how he's going to spend it again. 

Mad respect to the guy for holding this long.

True, a lot of people will relate. This person can be like cleaning then he/she finds some treasure
These days, it's now impossible to hold this very long if you know you have Bitcoins and can use them since 2010, a lot of roller coaster rides happened in Bitcoin that will shake emotions of people.

Exactly.

Probably this guy just found his old harddrive and remembered that he's got Bitcoins from the old days and luckily, he found it.

But anyway, if it's the opposite and he's got firmly holding it for all of these years, that's why true respect for his patience.

This is actually one of my regrets- I used to sell all of my BTCs that I received from signature campaigns back in 2017.

Like what I mentioned, back in 2017 the price of BTC was around $2,000. I received BTCs from participating in campaign signatures worth $5-$10/weekly (converted to BTC) and I would use and withdraw them to our local currency to purchase books and educational materials. As a struggling college student at that time, any money impacts my life greatly due to the fact that most of the resources here in the Philippines are in a tough competition.

Fast forward to this year, I have just learned that if I did not sell all of my BTCs that I have accumulated since 2017, I would actually have around $30-50k worth of money converted to our local currency. That amount would definitely be a game changer today since I could actually purchase a condominium unit with that money.

Moral of the story- HODL your BTCs everyone given that the fork is right around the corner. Never settle for less and maintain that tunnel vision when it comes to HODLing so that you may execute your plan and maximize all of your earnings.

[Jaycoinz]

That looks unbelievable for a person who really has the guts to to hold and keep holding for many years without touching any from it even during the ATH. I'd feel the real trust there and he strongly believes that the price of Bitcoin will continue to rise which makes that person hold and have no intention of selling for now.

Or possibly that he didn't care at all all of this time but he's aware of his holdings.

Usually, a person like this have got other source of income and have got a busy world on how they're going to spend their wealth.

Now, another good problem came out on how he's going to spend it again. 

Mad respect to the guy for holding this long.

True, a lot of people will relate. This person can be like cleaning then he/she finds some treasure
These days, it's now impossible to hold this very long if you know you have Bitcoins and can use them since 2010, a lot of roller coaster rides happened in Bitcoin that will shake emotions of people.

Exactly.

Probably this guy just found his old harddrive and remembered that he's got Bitcoins from the old days and luckily, he found it.

But anyway, if it's the opposite and he's got firmly holding it for all of these years, that's why true respect for his patience.

For me such holding ability can even be termed impossible because it's just unbelievable to imagine the patience that a particular human will have to keep his money knowing fully well the profits that he or she might have gotten from the first and second ATH but yet he held on. Well that's just the beauty of human as you can never know the full potential of anyone's ability till push to the limit.

[CryptSafe]

Possibly the owner could have other means by which they earn a living because I know that such amount is so tempting to hold with the price fluctuations.

We all know the power and benefits of long-term holding, the longer you hold, the greater the profit . But the problem is that everyone's life is different and most of us here are people who need money to sustain our lives . So holding has many limitations and that is something we have to accept .

Like me, I have an outside source of income besides investing in bitcoin . And my salary is only enough for me to spend to maintain daily life, but to be able to buy a house , buy a car or provide better needs for my children is impossible. Therefore , I need to sell my bitcoins during the upcoming bull season to serve my life's needs.

Holding on is sometimes easy for some but also a challenge for many .

I understand your point mate. You know sometimes life just happens like that. People that could hold for a long time possibly have no much financial challenges of that nature. Some could but in some cases, when a pressing need comes up which needs urgent attention maybe in that situation there might be no spare cash for them and in that case they would fall back to their savings for a back up which would warrant them to sell their Bitcoin to solve their problems at hand and I believe this is amongst the reasons why Bitcoin is good to keep as a reserve. You just might not know when anything of such nature might come up but that is not what I wish anybody to experience in life.

[Belarge]

For me such holding ability can even be termed impossible because it's just unbelievable to imagine the patience that a particular human will have to keep his money knowing fully well the profits that he or she might have gotten from the first and second ATH but yet he held on. Well that's just the beauty of human as you can never know the full potential of anyone's ability till push to the limit.

Always hanging up on the appropriate stands, atleast we don't fall for cheap scams but entirely focused on bitcoin. The power of holding Bitcoin is easily converted to other projects in the space, stop laying all your efforts on bitcoin because this is the appropriate time to tackle the big winnings in the system. We all have potentials which have not been discovered yet based on the current stats of the market. Always keep the mindsets bright enough to absorb good and poor results.

[michellee]

For me such holding ability can even be termed impossible because it's just unbelievable to imagine the patience that a particular human will have to keep his money knowing fully well the profits that he or she might have gotten from the first and second ATH but yet he held on. Well that's just the beauty of human as you can never know the full potential of anyone's ability till push to the limit.

Always hanging up on the appropriate stands, atleast we don't fall for cheap scams but entirely focused on bitcoin. The power of holding Bitcoin is easily converted to other projects in the space, stop laying all your efforts on bitcoin because this is the appropriate time to tackle the big winnings in the system. We all have potentials which have not been discovered yet based on the current stats of the market. Always keep the mindsets bright enough to absorb good and poor results.

It may seem impossible, but some people can hold Bitcoin longer than others. They are the ones who can really profit from selling their Bitcoin if they decide to sell it. But if they still want to hold it, that's okay because they probably already have a target selling price.

Bitcoin's holding power is already showing its greatest advantage. Those who bought Bitcoin several years ago and still hold onto it today are truly making the most of it. These are the people who will have a lot of money.

Maybe those who have held Bitcoin for a long time have a strategy of buying, keeping, and forgetting. Just let it be and don't feel like waiting. If Bitcoin increases later, Bitcoin will increase. If not, it means Bitcoin has not been able to increase. But the truth is, Bitcoin is very capable of rising higher.

[CODE200]

I mean if they still have access to this Bitcoin, I gonna give them that one its a real dedication and its not a easy thing to actually do, holding for years is probably torture, I wouldn't say it wasn't smart at all since at the moment the value of this is just to the roof, probably could millions and billion of dollars in today's money, but hopefully they still have access to this Bitcoin because in those years its not easy to monitor it unless they are really aware and have knowledge on what is happening on Bitcoin and intentionally HODLing in years. We could maybe assume that most of this are lost Bitcoin already, I mean its already a common cases, since these addresses doesn't really have any movements for years already.

Pretty sure they still have the access but they just don't want to do anything about it right now because they want more, that's my guess but given how old the address is they've probably forgotten about that wallet somewhere, not an ideal thing to happen to the person though but there's a lesson to be learned there. It's not just dedication in my opinion, to hodl that long and trust that bitcoin is going to go up more than what it is at that time, I think that the person behind the account is one insane man, to risk and not easily give in to temptation of selling when the price was around 20k or 30k, that takes some nerves. Patience is really a virtue, no two ways about it.

[avp2306]

For me such holding ability can even be termed impossible because it's just unbelievable to imagine the patience that a particular human will have to keep his money knowing fully well the profits that he or she might have gotten from the first and second ATH but yet he held on. Well that's just the beauty of human as you can never know the full potential of anyone's ability till push to the limit.

Always hanging up on the appropriate stands, atleast we don't fall for cheap scams but entirely focused on bitcoin. The power of holding Bitcoin is easily converted to other projects in the space, stop laying all your efforts on bitcoin because this is the appropriate time to tackle the big winnings in the system. We all have potentials which have not been discovered yet based on the current stats of the market. Always keep the mindsets bright enough to absorb good and poor results.

It may seem impossible, but some people can hold Bitcoin longer than others. They are the ones who can really profit from selling their Bitcoin if they decide to sell it. But if they still want to hold it, that's okay because they probably already have a target selling price.

Bitcoin's holding power is already showing its greatest advantage. Those who bought Bitcoin several years ago and still hold onto it today are truly making the most of it. These are the people who will have a lot of money.

Maybe those who have held Bitcoin for a long time have a strategy of buying, keeping, and forgetting. Just let it be and don't feel like waiting. If Bitcoin increases later, Bitcoin will increase. If not, it means Bitcoin has not been able to increase. But the truth is, Bitcoin is very capable of rising higher.

Seems impossible really for seeing how big the profit they already get but still this people decide to hold since they have huge trust for bitcoin. And for sure they cashing out some of the profits they get so that they will not get affected on those bearish run since they already got satisfied with what they do when bullish run happen. And they can able to wait for more price rise for long years since they are financially stable also have other capabilities to generate bitcoins on other means.

Holding bitcoin showing already some great result that's why there's no question that we can see more from it and if there's still people doubting about its strength then for sure they provably regret later on that they don't buy before when they can afford to buy some.

Maybe some doing that forget and buy strategy but for sure there are other buy then wait for a bull run then cash out their profit and retain their capital. And repeat buying when bullish condition strike and wait again this is repetitive process so for sure there's a lot of guys doing that.

[michellee]

Seems impossible really for seeing how big the profit they already get but still this people decide to hold since they have huge trust for bitcoin. And for sure they cashing out some of the profits they get so that they will not get affected on those bearish run since they already got satisfied with what they do when bullish run happen. And they can able to wait for more price rise for long years since they are financially stable also have other capabilities to generate bitcoins on other means.

Holding bitcoin showing already some great result that's why there's no question that we can see more from it and if there's still people doubting about its strength then for sure they provably regret later on that they don't buy before when they can afford to buy some.

Maybe some doing that forget and buy strategy but for sure there are other buy then wait for a bull run then cash out their profit and retain their capital. And repeat buying when bullish condition strike and wait again this is repetitive process so for sure there's a lot of guys doing that.

If those people have seen how strong Bitcoin is, it is not impossible to estimate how much profit they have made by now. People can sell their Bitcoin now, especially those who bought it at around $60k at the last ATH. They have made profits for now but some of them are still waiting for the ATH to be reached and this has only just begun. They still have to be patient if they want to sell their Bitcoin at the new ATH price.

We have seen that holding Bitcoin provides extraordinary results, including those who have done it in the last 10 years. Those who still doubt Bitcoin will not experience what people who have invested in Bitcoin have experienced. So it will depend on them.

That's why before people start investing in Bitcoin, they should learn about it first. They should not just follow what others are doing because there are risks in investing in Bitcoin. Apart from investing, some people also trade Bitcoin to take advantage of the difference in buying and selling prices.