The power of HODLing BTC

[uswa56]

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.

Those who have known Bitcoin earlier, of course, they will understand very well that Bitcoin is very good to be used as an investment in the long term and to be able to survive in the long term, of course we must have a fixed income to be able to continue to accumulate Bitcoin assets and hold according to the target they want, but in the process of holding, of course we must use funds that we will not take in the near future in order to be able to make a profit from it because if you use funds that we cannot hold on to in the long term, it will be very difficult to be able to make a profit from it.
If you have believed that Bitcoin will continue to increase in the future, of course there are those who have held the asset well and will also make profits in the future, because it is very unlikely that someone will be able to maintain the asset well if they do not understand well how Bitcoin works.

[Phoenixtrader]

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.

Those who have known Bitcoin earlier, of course, they will understand very well that Bitcoin is very good to be used as an investment in the long term and to be able to survive in the long term, of course we must have a fixed income to be able to continue to accumulate Bitcoin assets and hold according to the target they want, but in the process of holding, of course we must use funds that we will not take in the near future in order to be able to make a profit from it because if you use funds that we cannot hold on to in the long term, it will be very difficult to be able to make a profit from it.
If you have believed that Bitcoin will continue to increase in the future, of course there are those who have held the asset well and will also make profits in the future, because it is very unlikely that someone will be able to maintain the asset well if they do not understand well how Bitcoin works.

The truth is Bitcoin favours long term holders. Put 3-5years in mind not 6months.

[ginsan]

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.

It doesn't take that far to make us believe that bitcoin will be very profitable because in the end the early investors who are still holding bitcoin today are another level in my opinion and that is clearly difficult for anyone to follow. But to find out that bitcoin is feasible or not does not actually need to be from the beginning because we now know that indeed bitcoin is still very feasible to invest in and is still the only investment that is most worth it and recommended when compared to altcoins.

I may not be a collection of those early adopters but I think we can see that the movement of bitcoin in the last few years alone has proven that indeed they are worthy of being used as investment assets and proof that bitcoin never dies even though a lot of negative news or people who expect bitcoin to not exist have been silenced by the development of bitcoin which is still in very good progress.

[Ryu_Ar1]

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.

Confidence like this is not easy to build because after all it takes more effort and confidence when maintaining assets owned especially for those who are in the early adoption stage of bitcoin because after all what is difficult to do when investing in bitcoin is not buying and selling but holding. But with a very strong belief, something like this can still happen, it's just that of the many people only a handful of people survive.

But on the other hand, for those of us who are just understanding and new to bitcoin that does not mean we have to be discouraged because even though it is impossible for us to get bitcoin as the predecessors have bitcoin at a very cheap price even in dollars or cents but until now even though the price is quite difficult to buy a unit of bitcoin but still bitcoin is still worthy of being an investment asset and I personally don't feel I have to regret not being in bitcoin for the initial period but instead I am grateful to be in bitcoin for the current period because I am still given the opportunity and confidence to be here until now.

[Wakate]

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.

Those who have known Bitcoin earlier, of course, they will understand very well that Bitcoin is very good to be used as an investment in the long term and to be able to survive in the long term, of course we must have a fixed income to be able to continue to accumulate Bitcoin assets and hold according to the target they want, but in the process of holding, of course we must use funds that we will not take in the near future in order to be able to make a profit from it because if you use funds that we cannot hold on to in the long term, it will be very difficult to be able to make a profit from it.
If you have believed that Bitcoin will continue to increase in the future, of course there are those who have held the asset well and will also make profits in the future, because it is very unlikely that someone will be able to maintain the asset well if they do not understand well how Bitcoin works.

Trump has been a wise man that knows how to pay his game. He is also a good politician and I like the way he does his thing. With Trump, I believe that future of cryptocurrency is going to be massive and more adopters will follow into the system. We could see more investors and support from the government making our long anticipated dream to come true with less taxes on Bitcoin transactions and holders. Those that had been holding Bitcoin for long, maybe over 7 to 10 years ago will never regret their decision because the profits so far could have exceed 1000X and still counting.  Bitcoin growth is still going to be massive and for now, there is not late comer because more bull trends is going to surface.

[martinex]

Those who have known Bitcoin earlier, of course, they will understand very well that Bitcoin is very good to be used as an investment in the long term and to be able to survive in the long term, of course we must have a fixed income to be able to continue to accumulate Bitcoin assets and hold according to the target they want, but in the process of holding, of course we must use funds that we will not take in the near future in order to be able to make a profit from it because if you use funds that we cannot hold on to in the long term, it will be very difficult to be able to make a profit from it.
If you have believed that Bitcoin will continue to increase in the future, of course there are those who have held the asset well and will also make profits in the future, because it is very unlikely that someone will be able to maintain the asset well if they do not understand well how Bitcoin works.

For example, the country of El Salvador now and this is unique, until now it seems they are still buying and I just saw this in a thread that was greeted by @bbc.reporter the post link is https://bitcointalk.org/index.php?topic=5501482.msg64551456#msg64551456

I think the leader has a straight forward view, now the story to us how much accumulation have we collected throughout the decline in the recent past?

[mirakal]

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.

It doesn't take that far to make us believe that bitcoin will be very profitable because in the end the early investors who are still holding bitcoin today are another level in my opinion and that is clearly difficult for anyone to follow. But to find out that bitcoin is feasible or not does not actually need to be from the beginning because we now know that indeed bitcoin is still very feasible to invest in and is still the only investment that is most worth it and recommended when compared to altcoins.

I may not be a collection of those early adopters but I think we can see that the movement of bitcoin in the last few years alone has proven that indeed they are worthy of being used as investment assets and proof that bitcoin never dies even though a lot of negative news or people who expect bitcoin to not exist have been silenced by the development of bitcoin which is still in very good progress.

You could say those old investors who are holding onto their bitcoin are exceptional and hard to follow. Maybe it’s because they have a solid plan in place, especially during all the pumps and ATH; they weren’t tempted to sell. We don’t know their exact reasons, but from what I’ve seen, they feel secure and assured because they believe bitcoin’s price will continue to rise, despite the rumors of it dropping. It’s that trust that keeps them holding on, which is tough nowadays, especially for new investors who are often impatient.

Even though we don’t know how long bitcoin will stick around, I believe it will last for generations to come. That’s why some people encourage us to invest in and hold onto bitcoin—it’s a solid investment with a good chance of being around for a long time and becoming even more profitable.

[Easteregg69]

I HODL.

God will always be on your side.

PS. I get my beer. No selling today.

Edit. My grid takes care of the trading.. Rationalizing.

[dzungmobile]

We don’t know their exact reasons, but from what I’ve seen, they feel secure and assured because they believe bitcoin’s price will continue to rise, despite the rumors of it dropping. It’s that trust that keeps them holding on, which is tough nowadays, especially for new investors who are often impatient.

They perhaps are rich enough and don't actually need to sell their bitcoins to get a little bit more money. Because they are already financial free, they aim at bigger profit with their bitcoin and it forces them to hold for a long time.

If they are not already rich, they can sell part of their bitcoin to be rich and take similar action like people in the above example. Like some early members in bitcointalk, some of them continued to log in accounts in the forum, just watching but don't posting anything. Some after many years of doing like this, start to disappear, no longer active logins. We can not know reasons, maybe they are on the beach with coconuts, enjoy their lives or they already passed away, many reasons to leave the forum.

[aylabadia05]

<snip>

It doesn't take that far to make us believe that bitcoin will be very profitable because in the end the early investors who are still holding bitcoin today are another level in my opinion and that is clearly difficult for anyone to follow. But to find out that bitcoin is feasible or not does not actually need to be from the beginning because we now know that indeed bitcoin is still very feasible to invest in and is still the only investment that is most worth it and recommended when compared to altcoins.

I may not be a collection of those early adopters but I think we can see that the movement of bitcoin in the last few years alone has proven that indeed they are worthy of being used as investment assets and proof that bitcoin never dies even though a lot of negative news or people who expect bitcoin to not exist have been silenced by the development of bitcoin which is still in very good progress.

Bitcoin never promises to give you returns in the short term or long term, but you can calculate how much return from 1 bitcoin if you have invested it 2 years ago. Bitcoin's performance is much better than other investment assets such as gold, I mean the returns from investing in bitcoin are much greater than gold in the last 2 years.

Of course it doesn't take long to get proof, someone only needs to invest and get the proof themselves in the next 6 months to 1 year. Even though the current price is above $63k, the potential for future price increases is still very large and this can still be used to buy.

[RockBell]

They perhaps are rich enough and don't actually need to sell their bitcoins to get a little bit more money. Because they are already financial free, they aim at bigger profit with their bitcoin and it forces them to hold for a long time.

This is what will make investing because the market will not be your problem, the more money you have the more interest you have for other businesses and their outcome should not be a problem because you will want to have the patience and you will not even care about your investment because have a lot of investment and been rich ia just supper cool. And they are financially free and all they will want to been doing is spending on their self that is lifestyle because rich people actually love luxury. And everyone actually loves luxury. And since they are investing heavily base on their status that way they will even be able to make huge profits also because of the amount invested. Because all this is mathematics and numbers.

If they are not already rich, they can sell part of their bitcoin to be rich and take similar action like people in the above example. Like some early members in bitcointalk, some of them continued to log in accounts in the forum, just watching but don't posting anything. Some after many years of doing like this, start to disappear, no longer active logins. We can not know reasons, maybe they are on the beach with coconuts, enjoy their lives or they already passed away, many reasons to leave the forum.

They can only get rich when they have enough money invested in it because the amount matters a lot and that is what is going to determine what you will get in return, it is not as if you will not make money but it will be by the amount invested. And the early investor are lucky to have gotten enough profits because of how low  the price was then and they must have gotten quite some amount of bitcoin their are a lot of reputable members have quite amount of bitcoin just because they started early. And a lot of people quited because they have earned a lot of profits and when you are making profits then you just need to chill and get your self involved with other businesses. The once that quit must have their own reasons for leaving even if some might be death cases.

[yudi09]

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.

The profit that will be obtained in large amounts based on the amount of Bitcoin owned that is still intact because not a single bit of it has been sold can be a motivation to make long-term investments. It's not that there aren't any, but I think it's realistic that very few people who used to own Bitcoin know the potential price of Bitcoin in the future.
If for example there are people who still hold Bitcoin until now when it was bought at a price of $ 100, then they know about the price of Bitcoin in the future. Your logic, is that realistic? without ignoring the possibility that there are investors who have never sold Bitcoin.

[Alone055]

The profit that will be obtained in large amounts based on the amount of Bitcoin owned that is still intact because not a single bit of it has been sold can be a motivation to make long-term investments. It's not that there aren't any, but I think it's realistic that very few people who used to own Bitcoin know the potential price of Bitcoin in the future.
If for example there are people who still hold Bitcoin until now when it was bought at a price of $ 100, then they know about the price of Bitcoin in the future. Your logic, is that realistic? without ignoring the possibility that there are investors who have never sold Bitcoin.

The thing is that people who bought or had Bitcoin back in the day when it was worth only a few cents had nothing to lose when they held their Bitcoins for the long term. This is the reason why it was easier to hold back then. Compare the current conditions and the price with that time and you will realize.

Imagine you bought a few hundred Bitcoin by spending maybe $50 or something when it was priced in cents. You kept them in a wallet and you decided to keep holding them for the distant future. Now, if the price was to drop, you would only lose $50, and if it was to grow, you could potentially have thousands or millions of dollars.

Now compare that with current times. If you hold 1 Bitcoin, and you bought it all for maybe $30k or $40k, holding that for long term can be difficult for you as an investor if you are constantly keeping an eye on the market because when the price falls, you see your portfolio losing a lot of value which is the reason why many people panic sell. They don't understand that the price can recover, all they see is that they are losing money.

[Issa56]

of course we must have a fixed income to be able to continue to accumulate Bitcoin assets and hold according to the target they want

I don’t think it’s a must to have a fixed amount of money that we will be using to invest in bitcoin, we don’t have to stress ourselves. The amount which I do use to invest in bitcoin depends on the things that I am supposed to take care of for that particular month, sometimes I do invest much, some times it’s always low, and whenever I have so many things to take care of, I don’t even invest in bitcoin that month.

The truth is Bitcoin favours long term holders. Put 3-5years in mind not 6months.

Anyone planning to hold bitcoin for 6 months is not a long term holder, the person is a short-term holder, and if you are holding bitcoin for a long time, sometimes holding for 3-5 years might not really be enough. Last bull run, which was 2020/2021, bitcoin price hit $60k+, and I am sure lots of people bought at that price and they are still holding. After like 4 years, bitcoin is still trading within the range at which they bought, but people that bought when there was a bear market will already be in good profit.
 
So depending on the price that we buy, something’s after holding for like 5 years, it might still not be enough, but I will say holders are the ones making the real money.

[Cantsay]

of course we must have a fixed income to be able to continue to accumulate Bitcoin assets and hold according to the target they want

I don’t think it’s a must to have a fixed amount of money that we will be using to invest in bitcoin, we don’t have to stress ourselves. The amount which I do use to invest in bitcoin depends on the things that I am supposed to take care of for that particular month, sometimes I do invest much, some times it’s always low, and whenever I have so many things to take care of, I don’t even invest in bitcoin that month.

I guess he meant “steady income” I wouldn’t even advice anyone to have a fixed amount for their investment - you could make it a range but make sure that it doesn’t affect your normal spending, like 10-20% of your free money use it to buy bitcoin and make sure you don’t miss a week (if you’re doing weekly investment) or a month (if you prefer the monthly schedule).

If you’re the type that earn little then make sure you don’t over do the amount you invest because if you end up investing more than you can afford to lose or more than you can spare at that time you’ll only end up tampering with your portfolio in a short period of time.

[Miles2006]

of course we must have a fixed income to be able to continue to accumulate Bitcoin assets and hold according to the target they want

I don’t think it’s a must to have a fixed amount of money that we will be using to invest in bitcoin, we don’t have to stress ourselves. The amount which I do use to invest in bitcoin depends on the things that I am supposed to take care of for that particular month, sometimes I do invest much, some times it’s always low, and whenever I have so many things to take care of, I don’t even invest in bitcoin that month.

I guess he meant “steady income” I wouldn’t even advice anyone to have a fixed amount for their investment - you could make it a range but make sure that it doesn’t affect your normal spending, like 10-20% of your free money use it to buy bitcoin and make sure you don’t miss a week (if you’re doing weekly investment) or a month (if you prefer the monthly schedule).

If you’re the type that earn little then make sure you don’t over do the amount you invest because if you end up investing more than you can afford to lose or more than you can spare at that time you’ll only end up tampering with your portfolio in a short period of time.

Accumulating bitcoin will be timed when an investor is being paid monthly or weekly depending on the amount also, the word invest what you can afford to lose is absolutely correct. Knowing the fact bitcoin investment is a long term plan that can take up to 4 or 5 years. If anyone should ask how to invest mostly a low income earner who needs to calculate his/her emergency funds aside before investing for example, an investor should be able to calculate his disposable income in smaller unit either 5% or 10%  for investing and emergency.
Investors who commonly use fixed amount prefer the dca strategy that allows steady investing but, we can’t rely on fixed amount always that’s the major reason people prepare to take advantage whenever the price dip.

[Ale88]

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

That is some crazy hodling for sure! I simply wonder if this person doesn't actually need the money because when bitcoin reached $10k back in 2017 we would be talking of $20 mln, few weeks later it almost reached $20k, so almost $40 mln, those are crazy amounts of money that can really change your life! I know we'll never have an answer but it would be very cool to know the reason some people hodl even when they could make a crazy amount of money, like to know what type of thinking there is behind this decision.

[alastantiger]

If you’re the type that earn little then make sure you don’t over do the amount you invest because if you end up investing more than you can afford to lose or more than you can spare at that time you’ll only end up tampering with your portfolio in a short period of time.

Agreed. The power of hodling depends on your income because you can't be earning very little and be investing so much into Bitcoin for the purpose of hodling. You won't have the ability to hodl for long, the power of hodling too depends on our discipline because there'll be time you'll get tempted to touch your Bitcoin hodling and it takes discipline to resist spending them. You might have problems too that requires you to use money to take care of and when you don't have enough income, you'll have to make use of the Bitcoin that you have been saving.

Some of the privilege of investing in Bitcoin very early is that it helps you to have the ability to keep hodling because you bought Bitcoin when it was still cheap and you didn't have to use big amount of capital to invest in Bitcoin. Lots of those addresses hodling Bitcoin are long-term holders and they can continue hodling because they don't have any reason to spend the Bitcoin.

[SOKO-DEKE]

of course we must have a fixed income to be able to continue to accumulate Bitcoin assets and hold according to the target they want

It is a very good idea for someone to have reliable sources of income if they truly want to enjoy their Bitcoin investment journey. It wouldn't be easy for anyone who doesn't have a stable source of income and involves themselves in Bitcoin investment because, along the way, they may start tampering with their Bitcoin investment. If they are no longer making money from their original income source, it’s very possible that the time they need money may coincide with a drop in Bitcoin prices due to its volatile nature. Therefore, it's very important to have reliable sources of income if we don't want to incur losses in Bitcoin along the way of investing.

The truth is Bitcoin favours long term holders. Put 3-5years in mind not 6months.

Honestly, long-term is the best way to earn reasonable profits from Bitcoin investment. It is always very hard to make reasonable profits from Bitcoin in a short period, so it is very good if we can hold our Bitcoin investment for at least a period of 5 years or more. That way, we can witness one or more Bitcoin halvings, which occur every four years, and benefit from the bull run that often follows these halvings. Holding Bitcoin for just a short period is not always profitable, based on the experience of investors. That is why we are always encouraged to try and hold our Bitcoin for a long period of time.

[MusaMohamed]

Honestly, long-term is the best way to earn reasonable profits from Bitcoin investment.

Best in many things, best profit, best safety for your fund, and best for your health and life too. Because by investing in Bitcoin, long term, you don't have to care too much about volatility in short term, it means you need less time online, read news, and less be affected mentally with stress, headache. It's best for your health and life as you can have more time to be more active physically and health recommendation is spending less time inactively as possible.

It is always very hard to make reasonable profits from Bitcoin in a short period, so it is very good if we can hold our Bitcoin investment for at least a period of 5 years or more.

You can make good profit in short term too but it's hard to defend your profit if you always focus on short term. So focus on long term, investment and holding your bitcoin, is best of all the bests.