The power of HODLing BTC

[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.

[Popkon6]

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.

Bitcoin usually depends on the holding, if a person invests in Bitcoin for a long period of time and is ready to hold it for a long period of time then it is definitely possible to reap huge benefits from it. Here is usually the most important to know our Bitcoin safekeeping strategies, because we need to invest regularly in Bitcoin. And it can be DCA method because if weekly or monthly regular investment then it will convert to DCA method. And using this approach to Bitcoin investing can certainly make any investor, both new and old, successful.

[asriloni]

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.

That's impossible when you're not financially good.
That's possible when you're financially good.

That bitcoin mentioned by OP came from mining. It means the wallet's owner was wealthy. He didn't care about what he had mined at that time for over a decade. That's pure speculation.

The power of financial freedom.

[Baofeng]

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.

That's impossible when you're not financially good.
That's possible when you're financially good.

That bitcoin mentioned by OP came from mining. It means the wallet's owner was wealthy. He didn't care about what he had mined at that time for over a decade. That's pure speculation.

The power of financial freedom.

Right, it's hard to question's human resiliency here, there could be holders here for years and just continue to accumulate not just because they are mentally tough, but they are looking at the bigger picture on what Bitcoin can bring to them and the rest of his generations.

So it's not just financial freedom, but to build generational wealth. And once you practice this mindset, it could be easy for you to just do DCA, week after week, month after month to just HODL. And just think about it, if others are saying that they can do it, then you can also have that financial resiliency. It might be hard in the beginning, but if you overcome it and seeing your portfolio going up, then you will just go and continue no matter what.

[CageMabok]

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.

Applying a greater focus on Bitcoin is not a bad thing for now and also forever, but having another job that is not bad can also be very good even though it does not mean that it can cause our own focus to be scattered. Because the results of other jobs can also be used for Bitcoin such as buying Bitcoin and increasing the number of Bitcoins with the results we get through other jobs and besides that, it can also make it easier for us to maintain Bitcoin properly because we don't need to resell when we need funds as soon as possible.

[TheUltraElite]

This should also be a lesson to those who complain that the price of bitcoin is too high today and so they will wait. You might not get this price again future and hence the best times to buy is now, but preferably during the bear market. Because of its deflationary nature, bitcoin price will continue to rise and stabilize before rising again.

A bunch of coins bought back in 2010 are worth huge amounts of fiat now. What else could you ask for as a better investment? So buy bitcoin whenever the money is available at hand and continue to hold them.