What's the END?

[NurseHub]

Everyone of us have a bitcoin target or a goal that includes holding bitcoin in it, yes as long as you have been educated with bitcoin knowledge you will definitely create a goal for yourself to buy bitcoin and hold it but then there is the one question that nobody wants to talk about, what exactly is the end goal? when you die? will the holdings become inheritance for you since you're in the long term goal? what's your age and how long do you want to hold? when you hold this long will you still be available to see the value it becomes? what's the exact end?

I kept wondering, if I want to hold bitcoin just because I was educated that if I hold it will give me more profit and then I just have to keep buying and holding? what's my intention or what do I want to achieve with all the bitcoin in the end?

But then when is the end? is that when we die?

Right now, it seems like it's more like an inheritance wealth I'm building because if I keep listening to don't sell, keep buying, I might end up not selling at all just putting money together for all the years, or maybe I will spend some during retirement! But for you once again, What's the very END?

[Antotena]

I don't think it's a good idea to hold Bitcoin till you die, may be for others but not for me. The sell is an encouragement for other people to hold their Bitcoin when the market isn't good. Your end goal is your responsibility and not what others tell you to do. There are some people that has hold Bitcoin and sold in the last cycle when Bitcoin made all time high of $65k and there are some that sold in this just finished cycle, there are more that will sell in the next cycle of bull run, everyone has their plans and how they are going to spend their Bitcoin.

The thing is, don't sell Bitcoin for reasons that are not worth it when they are in profit. if you don't have a reason to sell even though you are in profit, don't sell to impress people or because you want to live a flashy lifestyle, these are the kind of things you may regret if Bitcoin make another all time high but don't fall sick and die when you have Bitcoin, I don't support that idea.

[Joy_learns_crypto]

I kept wondering, if I want to hold bitcoin just because I was educated that if I hold it will give me more profit and then I just have to keep buying and holding? what's my intention or what do I want to achieve with all the bitcoin in the end?

But then when is the end? is that when we die?

Right now, it seems like it's more like an inheritance wealth I'm building because if I keep listening to don't sell, keep buying, I might end up not selling at all just putting money together for all the years, or maybe I will spend some during retirement! But for you once again, What's the very END?

No you aren’t holding bitcoin till when you die, just like shares, some people have been holding their shares in companies like Coca Cola, Nike, Microsoft some don’t know when they will sell but holding has been to their profit.
But bitcoin is different, you aren’t just holding to build wealth for your offspring’s inheritance, you can be holding to meet times where you can use your bitcoin everyday.

[PrivacyG]

If you purchased Bitcoin only for the 'TO THE MOON!', you are doing it very wrong and you do not have an end goal.  Your end goal is what ever happens, happens.

My end goal is surpassing the value Fiat loses every day by holding Bitcoin while I have my own Financial Freedom and I can do things MY way with out ever being afraid of an institution collapsing to the ground, a Bank or a State entering bankruptcy, the State suddenly deciding to halve the value of Fiat over night et cetera.

Only following this 'to the moon' trend will put more questions in your head than clear answers.  You have to find a reason to hold it.  If not, then you either hold it just because you can or you are holding it for the financial gains.

[Ambatman]

Bitcoin wasn't created  to be held but spent as money.
It been deflationary brings about a secondary effect that people would rather spend Fiat than Bitcoin.

What's the very END

Everybody has different goal
So we can't tell an absolute direction
Some would want to keep as a form of inheritance
Some do fight combat their nation falling currency
Another for self custody or for speculated profit.

[Odogwu-Blockchain]

There is a way ive drafted how bitcoin holdings should be handled, ive got to understand that since bitcoin price movement has a periodic cycle of attaining new ATH after 4-6 years, the mindset of investment to cultivate should be, to sell off whole investment for a project at every ATH.

The next stacking and holding journey continue again during the bear season to sell off at new ATH after 5 years years of holding, doing that would save you would have an end to investment and a start to another round of new journey of investment.

[goldkingcoiner]

Everyone of us have a bitcoin target or a goal that includes holding bitcoin in it, yes as long as you have been educated with bitcoin knowledge you will definitely create a goal for yourself to buy bitcoin and hold it but then there is the one question that nobody wants to talk about, what exactly is the end goal? when you die? will the holdings become inheritance for you since you're in the long term goal? what's your age and how long do you want to hold? when you hold this long will you still be available to see the value it becomes? what's the exact end?

I kept wondering, if I want to hold bitcoin just because I was educated that if I hold it will give me more profit and then I just have to keep buying and holding? what's my intention or what do I want to achieve with all the bitcoin in the end?

But then when is the end? is that when we die?

Right now, it seems like it's more like an inheritance wealth I'm building because if I keep listening to don't sell, keep buying, I might end up not selling at all just putting money together for all the years, or maybe I will spend some during retirement! But for you once again, What's the very END?

You might as well ask about the entire point of money. Heck, you could go much further than that and ask what is the point of anything we do as human beings on this earth, living this one life?

Having more money just makes life easier as a human being. And having an easier life gives you time to find happiness instead of only wage slave your entire life away.

Some people enjoy the wagie life so this does not count for everyone.

[aylabadia05]

Since I don't know when I will end my life, I thought about the questions that worried me regarding my Bitcoin ownership, and finally I found the answer: I will bequeath my Bitcoin to someone I truly trust, whom I have already chosen. He will only access it when I am no longer in this world.

Such worrying questions have been asked by people who have owned Bitcoin all this time, and I believe them because I once had them myself before I decided what to do.

[serjent05]

To know the end goal, first, we must know why we are investing in Bitcoin.  Did we buy it to hodl for the lifetime? Or sell it at a profit, where our financial life is secured?  For me the end goal why I am accumulating Bitcoin is to sell them at a profit so that I can enjoy my life without worrying about expenses.

I do not think that Bitcoin was created to be kept or stored for a lifetime.  Bitcoin is created to be a mode of payment, although having it as an investment has its own huge benefits, but profit will never be realized if we don't sell our holdings.  So at the end, Bitcoin has to be sold or used in a transaction.  We just need a good timing to maximize our profit.

[Maslate]

Why are you buying and hodling in the first place? If you have not set your clear goals and target, then most likely you will not be certain with until how long you'll be able to do your investment.

Personally, I entered bitcoin investment so that after few years, I can enjoy its profits and fulfill my plans as to how I'm gonna use those funds. That way, my motivation to buy and hold more bitcoin deepens because  I have set a clear target when to sell my coins.

But if you are here with unclear and uncertain goal plan, and just hold till death, you are not actually investing for profits, but you are gambling the time that is left for you to enjoy.

[Kelvinid]

I guess no one holds bitcoin until death comes, that is only a myth. But everyone is hodling now while there are promising profits, to provide for the family's needs and wants, to sustain life's survival, and to make diversified investments out from the future bitcoin profits. All these things are known targets for us while we are alive.

But hodling bitcoin for lifetime? That's another story to tell. I'm not hodling for future inheritance, but I'm hodling bitcoin to build the bright future of my kids.

[Powerjumboo]

Man is mortal Any time a man can die. No one refrains from working, earning, saving, investing due to the fear of this death. With the sincerity that I have with Bitcoin, I want to say that maybe I will hold on to my Bitcoin until I die and I can leave it to my children. I plan to keep most of my earnings in Bitcoin and currently most of my earnings are in Bitcoin. I have already told my wife about the investment I left behind. People have no final say. I have invested and will continue to do so. Maybe my generation will continue to invest like this and achieve success.

[Miles2006]

Right now, it seems like it's more like an inheritance wealth I'm building because if I keep listening to don't sell, keep buying, I might end up not selling at all just putting money together for all the years, or maybe I will spend some during retirement! But for you once again, What's the very END?

Don't sell at a loss rather sell when the market price is favorable, currently the market price seems low obviously this is the time to buy more and wait for a better price ahead which might take time before fulfilling the desired target. No one is advising to hold forever as mentioned by the op rather create a good target in respect of bitcoin price movement, every investor needs to set a goal that can help work towards a good achievement. Goals set are not meant to be the same as everyone else basically we still have investors who partake in investing for inheritance purpose while others invest for their future growth, irrespective of our different choice the best is to buy and hold during the long run.

[Hazink]

Right now, it seems like it's more like an inheritance wealth I'm building because if I keep listening to don't sell, keep buying, I might end up not selling at all just putting money together for all the years, or maybe I will spend some during retirement! But for you once again, What's the very END?

Keep buying, don't sell. You are advised not to sell in a panic but not to ever sell your bitcoins and if there is no need or use for the money invested and the profit as well, there is no harm in transferring such wealth to the next person which is your love once it's just like you transfer other value able asset through will, but it's a thing of choice you just don't do it because you are adviced to keep on buying you should have decision of your own.

[Smartvirus]

Snip

In your entire write up, I couldn’t find a single “Full stop [.]” not even one and though your English did come together to express a complete thought and you used other punctuation marks, you somehow managed to skip “Full Stop [.]”.

That’s something for you to watch out for obviously.

Meanwhile, I don’t think anyone wants to hodl and have it count as lost coins to the network due to their passing. Obviously, you would want to make use of it while living and pass on to your wards when you pass. The means of passing this over is why each individual would determine for themselves based on the degree of safety but, the goal isn’t losing it to the network.

[Stalker22]

As for me,, Bitcoin is just yet another tool in our lives, much like all of the other various tools that we accumulate over the years.  However, if you are never able to use it to buy additional hours of freedom or experiences, then what use is that tool to you?  Its up to each and every one of us to determine, regardless of our own ages, if the ultimate goal of life is to die with the largest number of "points" possible, or to use as many of those points while we are still alive to create the life we want for ourselves.

[Ultegra134]

I mean, what exactly do you want us to tell you? Everyone has different goals and perception of how they see things. There's absolutely no reason to hold Bitcoin for an eternity, you're investing because you want to multiply your money, not just for the sake of holding. Eventually, we will all sell at some point, at whatever price range that looks appealing and satisfies us.

I had set such goal a few years ago, $80,000 or $100,000 would be my sell-off range, but when it came, I changed my mind. Not necessarily because of greediness (but that's also a factor) but because I considered that I don't actually "need" that money right now and it can wait. My next target is at $150,000 to $160,000, but I'll certainly re-consider even then. One thing is certain, that I'm not going to panic sell just because we've entered the bear market.

[AYOBA]

It’s good to hold a Bitcoin for a long period of time but hold a Bitcoin till you die that’s a wrong decision making which means your target is not for yourself? Because if to say you really set the goal for you to earned profits in future you will not plan to hold for it till lifetime, everyone only hold the Bitcoin for the main time when the market is at a high point then sale everything and take their profits before they can use the capital buy another one to hold back again.

[PX-Z]

... but then there is the one question that nobody wants to talk about, what exactly is the end goal? when you die? will the holdings become inheritance for you since you're in the long term goal? what's your age and how long do you want to hold? when you hold this long will you still be available to see the value it becomes? what's the exact end?

The goal is to earn and grow funds that will provide stability in the future. Living a lavish life isn't required, although it's always an option if you can afford it. Ultimately, whether income comes from crypto or traditional jobs, it all comes down to building enough financial value that will last over time.

[Livingleged]

Right now, it seems like it's more like an inheritance wealth I'm building because if I keep listening to don't sell, keep buying, I might end up not selling at all just putting money together for all the years, or maybe I will spend some during retirement! But for you once again, What's the very END?

If you want to look at it as an inheritance wealth, it will not be such a bad idea. thats your decision  and it’s a future plan for your children as well, then you should let them know about the holding and the keys to the wallet it is lock/stored in. because that What asset are mostly considered as. but the fact remains that nobody know when he’s going to die. So it will be a bit reasonable if you make a good profit, you should consider selling part of your holdings and enjoy the good life also not just buying all the time.
And then keep some portion for the future plans even though the future isn’t promised that’s not a reason not to prepare for it.
The best way to go about it is to set a target once you hit your target take some profit and repeat the prices process again and again you will enjoy it at the end.but If you don’t take profit then I don’t even see the need for holding.