The power of HODLing BTC

[Catenaccio]

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.

Different generations grew up in different eras and they have different interests in what they want to invest money in. Hence, there always are wealth migrations between different generations, from the old to young generations.

With Bitcoin and blockchain technology and evolution, we are witnessing a new wealth migration from the elderly who mostly are not interested in Bitcoin and blockchain technology while the young are keen on Bitcoin as their most favorite asset to store money and wealth in.

Demographics of Bitcoin users show this fact.
https://coin.dance/stats#demographics

[Finestream]

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.

Aside the fact that bitcoin could be a long-term hedge for inflation, bitcoin price has also proven that its only ultimate goal in the market is to appreciate, not depreciate. With this, anyone who come to trust bitcoin but still hesitant to buy and hold, just know that if early bitcoin hodlers were never fearful when bitcoin has not proven its store of value yet, then we shouldn’t be more fearful these days as bitcoin has already reached a position where it’s on top already of other potential investments. Bitcoin is proven to be a high-risk asset and yet it’s also capable to provide us limitless profits. So just trust the power of hodling bitcoin.

[Crypt0Gore]

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

Well, the one thing that Bitcoin growth have thought me so far is patience, the growth so far is insane but Bitcoin isn't the only one that has grown insanely high in the future like this, we have seen generational wealth from BNB and Ethereum too, even Solana was once $1 in the last bear market few years backback.

The truth is nothing can truly be Decentralised like Bitcoin, it will always be the best but right now there are still many opportunities in this crypto space and it doesn't end with Bitcoin, even few Bitcoin Layer projects will do amazingly well.

With good and accurate research you can be the next millionaire of a project that's not currently very popular right now, do not be fooled like the Bitcoin maxis, been a millionaire doesn't end with Bitcoin.

Don't get it mixed up, it is still early to accumulate Bitcoin but don't hesitate to look into other treasures as well, new ones are on the horizon.

[Jewan420]

Bitcoin is proven to be a high-risk asset and yet it’s also capable to provide us limitless profits. So just trust the power of hodling bitcoin.

And there is almost no chance of losing bitcoins by holding. Although Bitcoin is high risk, the holding system is promoted to reduce its risk. Bitcoin has been able to gain credibility in the world market where people are now sure that Bitcoin will not vanish overnight or its value will not become 0 overnight. People have faith in Bitcoin that even if Bitcoin loses value it is almost certain to recover. So many investors feel comfortable holding for the long term.

There are some novice investors who are afraid to hold for long term or do not hold in the hope of higher profits and face losses. I do they need the right knowledge and if he wants to be profitable he needs to acquire and hold the ability to hold for long term. Many investors lose a lot of money due to not being able to invest properly and blame Bitcoin. I would like to remind them, if a car accident of BMW, the world's largest car brand, is not the fault of the car, but the fault of the driver. Because a car is controlled by the driver, no matter how good the car is, if the driver is not good, the car will have an accident. From that point of view, if someone loses from Bitcoin, I think it's not Bitcoin's fault but the user's fault.

[Nothingtodo]

Those who invested and held Bitcoin in 2009 and 2010 already know about the power of Bitcoin. If someone invested one dollar worth of bitcoins at that time, then their one dollar bitcoin investment has reached millions of dollars by the present time. Moreover, those who invested and held Bitcoin during the bloody market in November 2022 also learned about the power of holding Bitcoin.

[BABY SHOES]

Those who invested and held Bitcoin in 2009 and 2010 already know about the power of Bitcoin. If someone invested one dollar worth of bitcoins at that time, then their one dollar bitcoin investment has reached millions of dollars by the present time. Moreover, those who invested and held Bitcoin during the bloody market in November 2022 also learned about the power of holding Bitcoin.

Would anyone have known back then that bitcoin would be worth what it is today? No one predicted it at the time.

Someone on Youtube said “just buy $1 bitcoin” but few people did, but now that person has become a millionaire.
https://www.youtube.com/watch?v=Cw29h7LhEuE

In the past no one knew where bitcoin was going and some considered the coin a scam, but now many are investing in bitcoin and trying to become a strong hand for HODL.

[Smartvirus]

Would anyone have known back then that bitcoin would be worth what it is today? No one predicted it at the time.

As we speak, there is a lot of decisions that people are not taking, mostly due to skepticism but, a few people do and that’s the risky part. It’s the investor mindset. Where you invest in this idea that you don’t fully understand, just some in depth understudying of the concept and you have your green to bet your money on it.

Back in the day, early investors might not have seen or predicted the numbers Bitcoin has done in price today but, they sure thought of it as something that would be important in future and as such, they bought and mined what they could. Today, we don’t leave them out of our discussion.

A lot of people right now are still having doubts but, rest assured that, you with the knowledge you have is at an advantage, use that.

[Churchillvv]

I'm really not surprised to see the transformation in value even though it might seem surprising to some people, I'm not fascinated with news or informations like this because basically the changes didn't happen by chance it was a well planned investment.

Lots of people just want to be lucky with bitcoin when they aren't ready to take the risk of letting some part of their money be in bitcoin for some years. Not taking risk has kept alot of us in a terrible situation till date whereas we can just do some things which are never going to kill us but might seem stressful for some time yet we decided to only enjoy the news from others. Well I have a very sweet experience with bitcoin and it has been a very big motivation to keep the stacking up going consistently.

Generally information remains whatever you do in life just have at least little of your investment in bitcoin.

[Accardo]

Those who invested and held Bitcoin in 2009 and 2010 already know about the power of Bitcoin. If someone invested one dollar worth of bitcoins at that time, then their one dollar bitcoin investment has reached millions of dollars by the present time. Moreover, those who invested and held Bitcoin during the bloody market in November 2022 also learned about the power of holding Bitcoin.

Honestly, a lot of people who bought as at 2009/10 weren't patient enough to hold till now, and it was not their fault, bitcoin price took time to skyrocket. As a result those who did hold until today seem to be quite fewer than the panic sellers, thousands of btc were sold for peanuts. Unluckily most of them regret selling their bitcoin, but I could read back on some tweets of people who didn't hold but made a kill with other businesses other than bitcoin. So, they can still invest if they wanted.

[bubilas]

Those who invested and held Bitcoin in 2009 and 2010 already know about the power of Bitcoin. If someone invested one dollar worth of bitcoins at that time, then their one dollar bitcoin investment has reached millions of dollars by the present time. Moreover, those who invested and held Bitcoin during the bloody market in November 2022 also learned about the power of holding Bitcoin.

Honestly, a lot of people who bought as at 2009/10 weren't patient enough to hold till now, and it was not their fault, bitcoin price took time to skyrocket. As a result those who did hold until today seem to be quite fewer than the panic sellers, thousands of btc were sold for peanuts. Unluckily most of them regret selling their bitcoin, but I could read back on some tweets of people who didn't hold but made a kill with other businesses other than bitcoin. So, they can still invest if they wanted.

This is true and I think that everyone would have sold the Bitcoins bought in 2009 dozens of times already. And why not. After all, Bitcoin has already renewed its maximums many times and only a fool could hold them until now.

However, it is strange that we often read about those whose wallet has woken up only now, while such people have dozens of Bitcoins and sometimes thousands.
I do not understand what made them not sell Bitcoins all this time. Maybe they only now found the keys to the wallet?

[Wakate]

Those who invested and held Bitcoin in 2009 and 2010 already know about the power of Bitcoin. If someone invested one dollar worth of bitcoins at that time, then their one dollar bitcoin investment has reached millions of dollars by the present time. Moreover, those who invested and held Bitcoin during the bloody market in November 2022 also learned about the power of holding Bitcoin.

Many of the Bitcoin portfolio we are seeing are people who had invested in Bitcoin many years ago and have maintained their portfolio for many years now with bothering about seeing them. Just imagine buying Bitcoin when the price was $5k, acquiring more would not be that expensive compared to now than one would have to use millions of dollars to accumulate some few Bitcoin to add to their portfolio. The money we are talking is in crypto and it all takes patience to keep making money. If we .can invest in the future just like Elon Musk, we could be surprised that money would not be a problem has time goes on.

[tbct_mt2]

Many of the Bitcoin portfolio we are seeing are people who had invested in Bitcoin many years ago and have maintained their portfolio for many years now with bothering about seeing them.

Just imagine buying Bitcoin when the price was $5k, acquiring more

Honestly I never saw any portfolio from people who invested in Bitcoin many years ago or lately when Bitcoin price was about $5,000. That price means years in 2017 bull run or bear market in 2020 with a big crash from Covid-19 in March 2020. Earlier than that, I really never saw any portfolio from millionaires, billionaires made by Bitcoin investment.

There are rich guys who built up their wealth with Bitcoin investment but again I emphasized I did not see such publicly shared portfolios.

The famous one I know is MicroStrategy and Michael Saylor; and El Salvador.
https://saylortracker.com/
https://nayibtracker.com/

[MainIbem]

Many of the Bitcoin portfolio we are seeing are people who had invested in Bitcoin many years ago and have maintained their portfolio for many years now with bothering about seeing them.

Just imagine buying Bitcoin when the price was $5k, acquiring more

Honestly I never saw any portfolio from people who invested in Bitcoin many years ago or lately when Bitcoin price was about $5,000. That price means years in 2017 bull run or bear market in 2020 with a big crash from Covid-19 in March 2020. Earlier than that, I really never saw any portfolio from millionaires, billionaires made by Bitcoin investment.

There are rich guys who built up their wealth with Bitcoin investment but again I emphasized I did not see such publicly shared portfolios.

The famous one I know is MicroStrategy and Michael Saylor; and El Salvador.
https://saylortracker.com/
https://nayibtracker.com/

I must applaud such holders, for having the courage and discipline to hodl for that long period, the OP's post has shown that their are still some individuals or organisations that's been hodling for about 5 years plus. Frankly speaking, if their's anything important I've taken very seriously concerning Bitcoin, it is being patient and that's one of the key trait every Bitcoin holder should possess, many investors panic sale at any slight downtrend of the market and it sometimes caused by lack of patience cause they won't say they're not aware that investing in Bitcoin involves long-term plans and for that to be carried out successfully patience is the most important thing asides developing different strategies to accumulate as much as possible. The OP did well by sharing it here cause it would surely serve as a motivation for holders or those that aren't well encouraged but would like to hodl Bitcoin for as long as possible.

[CroverNo01]

Those who invested and held Bitcoin in 2009 and 2010 already know about the power of Bitcoin. If someone invested one dollar worth of bitcoins at that time, then their one dollar bitcoin investment has reached millions of dollars by the present time. Moreover, those who invested and held Bitcoin during the bloody market in November 2022 also learned about the power of holding Bitcoin.

Patience do pays, I've learnt that from the continuous existence of bitcoin. The ones smiling today are Bitcoin longterm patient holders, they're able to grabbed substantial rewards till date. Imagine holding bitcoin in all the long hurdles surpassed, the critics was majorly aligned out by the public, centered directly to the holders, most of them dropped and trigger the sell button of their accumulated bitcoin while some hold back and today, they're financially stable in the crypto market. Bitcoin have been in existence in the last decades and there's absolutely gigantic rewards for those that keen on holding pieces of bitcoin, for me, I missed out on this golden opportunity but it's never too late to start all over. Bitcoin have massive rewards for Holders, specifically the categories of holders that was able to stand out to exercise patience all these years.

[AmoreJaz]

Those who invested and held Bitcoin in 2009 and 2010 already know about the power of Bitcoin. If someone invested one dollar worth of bitcoins at that time, then their one dollar bitcoin investment has reached millions of dollars by the present time. Moreover, those who invested and held Bitcoin during the bloody market in November 2022 also learned about the power of holding Bitcoin.

Many of the Bitcoin portfolio we are seeing are people who had invested in Bitcoin many years ago and have maintained their portfolio for many years now with bothering about seeing them. Just imagine buying Bitcoin when the price was $5k, acquiring more would not be that expensive compared to now than one would have to use millions of dollars to accumulate some few Bitcoin to add to their portfolio. The money we are talking is in crypto and it all takes patience to keep making money. If we .can invest in the future just like Elon Musk, we could be surprised that money would not be a problem has time goes on.

Not all people have the capability to invest even if we say the btc was $5k before. Only those with good financial capabilities can buy btc at that rate without thinking about the price and of course, those who are strong believers of this market. Also, those people who have the patience to keep up with this market are the ones who can see the potential of their investments.
So let us say, btc will have huge amount of money in the future, one should be in buying spree right now. However, for some people who really want to buy but don't have financial resources would find this currency very expensive at the current rate. Hence, he can't afford to buy even if he wants to.

[bitLeap]

Those who invested and held Bitcoin in 2009 and 2010 already know about the power of Bitcoin. If someone invested one dollar worth of bitcoins at that time, then their one dollar bitcoin investment has reached millions of dollars by the present time. Moreover, those who invested and held Bitcoin during the bloody market in November 2022 also learned about the power of holding Bitcoin.

Most of those who bought bitcoin in 2010 did not expect it to be as big as it is today, and some old holders lost their recovery keys, died or had their bitcoin confiscated. If were to go back to the present, old bitcoin holders would have cashed out because the current value has brought it to a high level in financial terms. There are many bitcoin billionaires today because they managed to make unexpected decisions in the past that for them may have been worthless at the time.

[HelliumZ]

Investors or holders who held bitcoins in 2009/10 and have not sold bitcoins to date can easily understand the importance and power of holding by looking at their wallets. Those who held Bitcoin when it was worth a cent or less are now billionaires. According to experts, the price of Bitcoin will increase in the future. If someone is still holding Bitcoin, he will become a millionaire and billionaire in the future.

[Mame89]

Those who invested and held Bitcoin in 2009 and 2010 already know about the power of Bitcoin. If someone invested one dollar worth of bitcoins at that time, then their one dollar bitcoin investment has reached millions of dollars by the present time. Moreover, those who invested and held Bitcoin during the bloody market in November 2022 also learned about the power of holding Bitcoin.

Would anyone have known back then that bitcoin would be worth what it is today? No one predicted it at the time.

Someone on Youtube said “just buy $1 bitcoin” but few people did, but now that person has become a millionaire.
https://www.youtube.com/watch?v=Cw29h7LhEuE

In the past no one knew where bitcoin was going and some considered the coin a scam, but now many are investing in bitcoin and trying to become a strong hand for HODL.

Something that happened in the past always has regrets in the future. Even if I had known bitcoin at that time, maybe I wasn't strong enough to hold bitcoin for too long because at that time it wasn't like it is now, information was still limited and it was difficult to find out bitcoin in detail, unlike now where we can find out complete bitcoin information easily. ​

Because at the beginning of bitcoin's emergence, many considered bitcoin a scam and no one expected bitcoin to be like it is now. Of the many people who bought bitcoin at that time, only a few people were able to hold it until now, and they were really sure that bitcoin would be like it is now.

But now we live in an era of easy information and bitcoin has grown, so we must learn from the past. Because holding bitcoin is the most powerful weapon to achieve financial freedom. So start buying bitcoin now, don't regret it later for not holding bitcoin.

[fikrett]

Investors or holders who held bitcoins in 2009/10 and have not sold bitcoins to date can easily understand the importance and power of holding by looking at their wallets. Those who held Bitcoin when it was worth a cent or less are now billionaires. According to experts, the price of Bitcoin will increase in the future. If someone is still holding Bitcoin, he will become a millionaire and billionaire in the future.

I do agree. I think they won't get rid of it in the future for sure, they already got their cards right and they wouldn't want to reshuffle them.
Understandable and logical.

[RockBell]

Those who invested and held Bitcoin in 2009 and 2010 already know about the power of Bitcoin. If someone invested one dollar worth of bitcoins at that time, then their one dollar bitcoin investment has reached millions of dollars by the present time. Moreover, those who invested and held Bitcoin during the bloody market in November 2022 also learned about the power of holding Bitcoin.

And watching how the price of bitcoin is at of that particular time just shows how amazingly that bitcoin have grown and those that have been holding from that particular time till now are the lucky once because the price of bitcoin then was not even up to a dollar just imagine if i had but bitcoin by then i would have made a good amount of money by now i would even be part of the whales, but at of then i have no single idea about bitcoin and i was wondering what gave them that courage to actually trust bitcoin that much and some people would have even bought it out of curiosity and they would have made more than profit from investing then and still holding unto it and that is why i prefer holding because no matter how long it is time is just a number it keeps passing so fast that you wont even notice that time have gone this far, holding and having patience no matter how long it takes, your labor will definitely bring fruits.

when they say buy and hold people don't want to take it seriously not until when they had the chance of buying and they did not buy and they see the price going up that is when some of them will want to kick start their journey buying when the price is high and as if they can even buy and hold for a while if the market goes below what they bought they wont still mind they will want to still sell at that rate which i see those fellows as a business person without purpose, and i don't think any advice is enough for them, those that are ready will learn, their is a lot going on in the market but that should not be a discouragement, and we have and will continue to see that the market will keep recovering.