Why HODLing is such a genius strategy

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There is nothing wrong with selling your coins in times of need. In fact I feel that there should be a balance between Holding and selling and not obsessive holding. Because the people who are needing money will spend no matter what but those who are doing well with a stable fiat income can rather hold their bitcoins till dire need happens.

I even think selling is a must when the target has been reached. Or we need to sell it because of a urgent need or an emergency. Sure, we must have a good balance in investment, it is impossible to always keep holding. How we can determine the success in the investment if we never take profits, right? By the way, it is true that we all must expect to have fiats because we have spending in daily life. So, investors must have a target to convert the assets to be fiats someday.

But selling during an emergency or a sudden financial need is a liquidity decision, right? It's not the usual thing to do when investing. I mean, I'm not against during that situation because anyone can experience that unexpectedly. Actually, one of the rules when you invest is you have to keep an emergency fund, so you do not have to liquidate your investments.

In terms of having money, in fiat to be exact, which is needed for our daily expenses. Yes, we need cash to pay for our expenses, but the purpose of investment does not mean you should eventually convert it back to fiat or something like you think of doing someday. I mean, being an investor should have a separate pool for investment and your expenses. It's the same as aiming to have an appreciating asset that can grow for a long period of time.

[iBaba]

HODLing is a strategy par excellence which matters if you want to make a profit from Bitcoin.
You just have to keep your Bitcoins safe and hope for price rises. It's all you have to consider when HODLing, and it's what makes such a strategy so popular. You don't have to worry about it, as long as you have sent your Bitcoins to an address for HODLing. You don't even have to reallocate your portfolio, Bitcoin HODLing is timeless par excellence.

One beauty about holding is that is meant for everyone unlike trading that’s meant for only those that are well skilled . Holding doesn’t require any technical skill with the right knowledge and cashflow you are good to go , when I say knowledge I’m talking of complex knowledge I meant like the basic knowledge of bitcoin, where to buy , how to buy and how to store it .

Many usually makes holding to seems which is not , if you can’t hold bitcoin for long is a sign that you are not cut off for long term investment because all investments has their own risks so nothing like a risk free investment, that’s why is called bitcoin investment (holding ).

Holding is much simpler than trading because you don’t need advanced skills or spend hours studying charts. You just need to understand the basics of bitcoin, to buy from a trusted platform and store it safely.

What I will add here is that the hardest part is being patient, because many say they are long term investors, but they panic when price drops. In my opinion successful holding is more about discipline than technical knowledge. If you can’t hold through market ups and downs then long term investing may be difficult for you

[alex.b.o]

I do think it can work well for people who believe in Bitcoin long term. It reduces unnecessary trading.

Real challenge is staying patient when the market drops. That’s where most holders are really tested.

[MainIbem]

Holding is much simpler than trading because you don’t need advanced skills or spend hours studying charts. You just need to understand the basics of bitcoin, to buy from a trusted platform and store it safely.

What I will add here is that the hardest part is being patient, because many say they are long term investors, but they panic when price drops. In my opinion successful holding is more about discipline than technical knowledge. If you can’t hold through market ups and downs then long term investing may be difficult for you

Sounds simple but not very easy for some people, there are somethings that can be easier said than done and holding is one of them and you're correct that it doesn't ends with understanding the basics and every other thing you mentioned, it also involves patience, having conviction, self-control and lots of discipline not just discipline cause sometimes volatility can be a bitch and make people lose focus and panic so lots of discipline is needed to overcome that. The high level of inflation n different countries has made it tough to convince many about holding, they know it's good but they need quick money to solve their financial situation therefore they prefer trading to holding longer but the ones who worry more about the future than present go for holding.

[SmartCharpa]

Hodling is more easier said than done, I think hodling is not just a strategy, it's one of the best ways to learn discipline it's not only about peace of mind, looking at way the market moves and capping it off with the noise on the Internet about the market makes this strategy really difficult, but in the end nothing good comes easy or fast... It takes time.

Holding is not as difficult as you may think. Bitcoin might be more difficult for people to hold because they do not believe in its future. What makes you think that those who understand the value of Bitcoin will be worried about the market? It’s only those with negative thinking will be worried when the market go down and start checking their portfolio. And seeing the value of your investment drops from where you bought it, some individuals will be worried whether the market will recover from the dip.

In addition, holding can also be difficult for investors who buy with the money they need for other expenses. They will react or feel bad if the market doesn’t go the way they expected.

There is absolutely zero risk in holding a Bitcoin investment, which is why I think that's the most popular approach for the majority of people who currently now share a portion of Bitcoin today. As it gives you no stress and you need not to worry about it's price value at anytime. Since it is a decentralized digital currency whose value always fluctuates up and down, while you have full control over your money without the need of the bank and government authorities.

I will not agree that there’s zero risks in terms of holding Bitcoin. Because all the cryptocurrency are involved of risks is just that the Bitcoin risks when you come to hold for a long time is limit, but what good about the long time holding Bitcoin is that it has a great advantages. As far as you can be patient you don’t have to be panic no matter how the market moves, that’s the biggest problem that most of the investors are facing once they see that the market is fluctuating some will rush to sell their Bitcoin at lost.

Every investment involves a risk, but with Bitcoin, it has less risk than other coins. We can all agree with the majority of people who choose to invest in bitcoin today. But we should not use that statement when talking to newbies who are willing to invest in Bitcoin. some people may invest wrongly because they were told that Bitcoin has zero chance of losing money.

[Italian Panic]

Holding is much simpler than trading because you don’t need advanced skills or spend hours studying charts. You just need to understand the basics of bitcoin, to buy from a trusted platform and store it safely.

I confirm that hodling is the simplest strategy, but it is also the best because, in the long term, it even outperforms trading. If we consider that, over five years, Bitcoin rose by almost 700% when it reached its all-time high, this rate of return is unattainable through trading except in very rare cases. Those who make money from trading do so by shorting or going long, or through perpetual futures contracts; however, these strategies are complex and can easily result in losses. Not to mention leveraged trading, where, with high leverage, a movement of just a few tenths of a percentage point is enough to make you lose everything. Bitcoin is so much more than that and deserves to be hodled and admired in your own self-custodial wallet.

[Rockson1]

Holding is much simpler than trading because you don’t need advanced skills or spend hours studying charts. You just need to understand the basics of bitcoin, to buy from a trusted platform and store it safely.

What I will add here is that the hardest part is being patient, because many say they are long term investors, but they panic when price drops. In my opinion successful holding is more about discipline than technical knowledge. If you can’t hold through market ups and downs then long term investing may be difficult for you

Hodling is only simple to those that understand how to go about it, if it is that simple, why do some people consider selling off when the have not hodl for long,  perhaps ignorance right, although I won't say that I do not understand what you are driving at due to the explanation you gave while comparing hodling with trading, in that aspect you are right but there are still more to hodling, people don't just hodl, Real hodlers has their own challenges but what keeps them going is patience and preparation before hodling, a hodler that do not have emergency funds or not investing with their discreationary income might have a problem along the way, I don't think technical knowledge is even required in hodling, i think hodling is more of maintaining good financial management, not allowing the volatile nature of the market to weigh you down, understanding that dip is more blessing than otherwise, then scaling through while hodling becomes very easy.

[Danish Ali]

Hodling is only simple to those that understand how to go about it, if it is that simple, why do some people consider selling off when the have not hodl for long,  perhaps ignorance right, although I won't say that I do not understand what you are driving at due to the explanation you gave while comparing hodling with trading, in that aspect you are right but there are still more to hodling, people don't just hodl, Real hodlers has their own challenges but what keeps them going is patience and preparation before hodling, a hodler that do not have emergency funds or not investing with their discreationary income might have a problem along the way, I don't think technical knowledge is even required in hodling, i think hodling is more of maintaining good financial management, not allowing the volatile nature of the market to weigh you down, understanding that dip is more blessing than otherwise, then scaling through while hodling becomes very easy.

Holding seems easy but this proves to be difficult as it requires patience and discipline at times the investors say that they are long term holders, but whenever they see the dip in market they got panicked and sold.

It is important to learn technical knowledge as it helps to know your financial position and maintain emergency fund and invest only that you can afford.

So main question is who is the holder? That one who hold the Bitcoin or that one mentally and financially prepared.

[BItcoin Guy@]

When you invest today, then you take your time to hold and wait until you realize your bitcoin is profitable before you could decided to sell, then you also make another target to buy when the market falls and decided to hold again until it rises before you sell and keep on doing this continuously, we must avoid destruction when holding because the market May look discouraging by the way of performance, social media could also be distracting enough when the market falls, all these are not to be recognized until we achieve our goal for holding when the market begin to pump.

Bitcoin Holding is the easier way for investors to achieve their goal in the long term. We all need profit when it’s all about Bitcoin, because anyone that is holding Bitcoin is just because of the benefits he will get with it. That’s why he is keeping it for a long period of time. When you’re holding Bitcoin, I don’t see any reason for you to lose, except you sell when the price is not stable. And that is the reason why they are telling all investors to always keep their coins, so that any challenges they will face, they can probably handle it, since they are keeping the bitcoin till they reach their targets.

[ruykeri]

Holding is much simpler than trading because you don’t need advanced skills or spend hours studying charts. You just need to understand the basics of bitcoin, to buy from a trusted platform and store it safely.

I confirm that hodling is the simplest strategy, but it is also the best because, in the long term, it even outperforms trading. If we consider that, over five years, Bitcoin rose by almost 700% when it reached its all-time high, this rate of return is unattainable through trading except in very rare cases. Those who make money from trading do so by shorting or going long, or through perpetual futures contracts; however, these strategies are complex and can easily result in losses. Not to mention leveraged trading, where, with high leverage, a movement of just a few tenths of a percentage point is enough to make you lose everything. Bitcoin is so much more than that and deserves to be hodled and admired in your own self-custodial wallet.

I agree with your points. Holding Bitcoin for a long time is less risky than trading for a short time and increases the chances of making a profit. The real advantage is that a normal person does not have to try to do something that is difficult to do and creates mental stress and has to make repeated price predictions. If one's goal is to create a meaningful Bitcoin position for a few years or more, then trying to catch the top and bottom of each cycle can be complicated. It is more important to accumulate regularly and stay within one's financial limits. Therefore, since an investor will invest his own money, it does not seem logical if he feels stressed by spending money and faces financial losses due to not making the right decision. This is why one should invest according to the long-term holding mindset according to proper fund management.

[Rampton]

Buying low and selling high? What a genius idea. Why has nobody else thought of this before  .

Holding is much simpler than trading because you don’t need advanced skills or spend hours studying charts. You just need to understand the basics of bitcoin, to buy from a trusted platform and store it safely.

I confirm that hodling is the simplest strategy, but it is also the best because, in the long term, it even outperforms trading. If we consider that, over five years, Bitcoin rose by almost 700% when it reached its all-time high, this rate of return is unattainable through trading except in very rare cases. Those who make money from trading do so by shorting or going long, or through perpetual futures contracts; however, these strategies are complex and can easily result in losses. Not to mention leveraged trading, where, with high leverage, a movement of just a few tenths of a percentage point is enough to make you lose everything. Bitcoin is so much more than that and deserves to be hodled and admired in your own self-custodial wallet.

I agree with your points. Holding Bitcoin for a long time is less risky than trading for a short time and increases the chances of making a profit. The real advantage is that a normal person does not have to try to do something that is difficult to do and creates mental stress and has to make repeated price predictions. If one's goal is to create a meaningful Bitcoin position for a few years or more, then trying to catch the top and bottom of each cycle can be complicated. It is more important to accumulate regularly and stay within one's financial limits. Therefore, since an investor will invest his own money, it does not seem logical if he feels stressed by spending money and faces financial losses due to not making the right decision. This is why one should invest according to the long-term holding mindset according to proper fund management.

Much like the stock market or forex most people lose money trading, the best way is to buy and hold for x amount of time but most people don't have the patience and end up chasing the buzz of a quick high from instant gratification of instant profits, but it rarely works out. With bitcoin you have to think of it like it will be higher again in the future, and of course lower too, but you just need to have the balls and patience to wait but most people get scared and panic sell when it keeps falling and then they've instantly lost.

[elman007]

Much like the stock market or forex most people lose money trading, the best way is to buy and hold for x amount of time but most people don't have the patience and end up chasing the buzz of a quick high from instant gratification of instant profits, but it rarely works out. With bitcoin you have to think of it like it will be higher again in the future, and of course lower too, but you just need to have the balls and patience to wait but most people get scared and panic sell when it keeps falling and then they've instantly lost.

In the case of Bitcoin, this fear is the reason for people's losses. When investing in Bitcoin, it is not wise to sell no matter how low the market goes. Rather, one should hold it patiently. If someone invests for a long-term goal, no one will sell it no matter how low the market goes. Everyone can hold Bitcoin, only those who invest patiently, follow the discipline of investment and are consistent in investment can hold it. If the investor can wait for the right cycle of Bitcoin without panicking and selling, then his chances of profit are high.

[hafiztalha]

HODLing is definitely strong. I think that is bit of cop out though, “keeping it safe and hoping for price rise.” Hope is not plan for getting rich, and you need strong belief in your belief, and reason why you should do so. ​Again, it is true that it is "timeless" but the market conditions are important. If you have gone through a 2018, or 2022, bear market, pain is very real. It may not be as hands-off or as fun as people think. ​While the way is good, newer buyers could suffer if they do not know anything about market.

I agree with you we only use the extra money we have, which means the money that is left after all the expenses, buying slowly, little by little and not borrowing money to buy funds and Bitcoin. And again, I totally agree for long term and ignore short term, but you labeled Bitcoin as discretionary investment aiming to achieve higher yield. Bitcoin is not an investment vehicle to generate a yield from leftover discretionary income. Although i always said investing in Bitcoin little by little is far better than stacking up money in a bank. This is the investment in which i am pretty convinced it will make us profitable in the long-term. Fiat itself doesn't increase our balance, but Bitcoin will.

[kawetsriyanto]

But selling during an emergency or a sudden financial need is a liquidity decision, right? It's not the usual thing to do when investing. I mean, I'm not against during that situation because anyone can experience that unexpectedly. Actually, one of the rules when you invest is you have to keep an emergency fund, so you do not have to liquidate your investments.

If we still have an emergency fund, we mustn't sell our asset. Logically, people sell their asset because they have no other options. Sure, we must have reserved fund or emergency fund before we decide to invest in any asset. However, there is the time that the emergency fund isn't enough to fulfill the emergency needs. In this situation, selling the asset is a must. We no longer care whether it is a liquidity decision or not.

In terms of having money, in fiat to be exact, which is needed for our daily expenses. Yes, we need cash to pay for our expenses, but the purpose of investment does not mean you should eventually convert it back to fiat or something like you think of doing someday. I mean, being an investor should have a separate pool for investment and your expenses. It's the same as aiming to have an appreciating asset that can grow for a long period of time.

Of course, I know it. It is the basic matter in money management. Basically, we only can invest in an asset when we have enough money for daily necessities and we have reserved fund for emergency. But life is full of surprises, sometimes there is something unexpected happening. So, we must sacrifice some of our assets to fix the unexpected needs. Even if it is the bad decision for investment, but it can be the best decision for the life of investor.

[qurbanshah02]

But selling during an emergency or a sudden financial need is a liquidity decision, right? It's not the usual thing to do when investing. I mean, I'm not against during that situation because anyone can experience that unexpectedly. Actually, one of the rules when you invest is you have to keep an emergency fund, so you do not have to liquidate your investments.

If we still have an emergency fund, we mustn't sell our asset. Logically, people sell their asset because they have no other options. Sure, we must have reserved fund or emergency fund before we decide to invest in any asset. However, there is the time that the emergency fund isn't enough to fulfill the emergency needs. In this situation, selling the asset is a must. We no longer care whether it is a liquidity decision or not.

Those who think this way always remain in loss. First, we have separate funds and we are selling our assets, which in my opinion is a rejection of profit. If I had all this, I would definitely be patient and add this additional fund to my assets and get double the profit from it. I know it is easy to say, we have seen many people lose patience in this, but when there is a hunger for money and profit, patience becomes quite good. In fact, those who dream of their success being fulfilled in their dreams do not work hard and be patient in real life. Because in investment, we have to drink hard work, patience and fear so that the biggest difficulty does not become a burden for us. Although there is a lot of need, we can do it in small parts so that our assets remain intact.

[laijsica]

When you invest today, then you take your time to hold and wait until you realize your bitcoin is profitable before you could decided to sell, then you also make another target to buy when the market falls and decided to hold again until it rises before you sell and keep on doing this continuously, we must avoid destruction when holding because the market May look discouraging by the way of performance, social media could also be distracting enough when the market falls, all these are not to be recognized until we achieve our goal for holding when the market begin to pump.

Bitcoin Holding is the easier way for investors to achieve their goal in the long term. We all need profit when it’s all about Bitcoin, because anyone that is holding Bitcoin is just because of the benefits he will get with it. That’s why he is keeping it for a long period of time. When you’re holding Bitcoin, I don’t see any reason for you to lose, except you sell when the price is not stable. And that is the reason why they are telling all investors to always keep their coins, so that any challenges they will face, they can probably handle it, since they are keeping the bitcoin till they reach their targets.

If you want to be consistent with your long-term goals in Bitcoin, it is not that easy. It is much more difficult than you have explained it in a simple way. Everyone needs to make a profit, but to reach that level of profit, you need to set a long-term investment strategy and focus on keeping the income regular and from it, make Bitcoin holding from discretionary income.

Deposit Bitcoin through discretionary income and set a strategy to build a decent Bitcoin portfolio. As you mentioned in the second line of your paragraph, you are either eager or needy to make a profit. If you are tempted by the increase in the value of Bitcoin during the period of accumulation, you will have the mental pressure to withdraw Bitcoin. To avoid this mental pressure consider a specific period and deposit Bitcoin regularly.

You need to build up an emergency fund because you are on an important investment way that is financially determined to help you reach your desired goals.

[Solokan]

Holding BTC for the long term is indeed a good strategy, as many people have proven successful investing in BTC thanks to their long-term holding power. However, many people have lost money investing or trading in BTC because they couldn't hold their BTC for the long term. So, holding BTC for the long term is a good strategy, as BTC is always making new ATHs.

However, we must use money we can afford to lose or discretionary income to buy BTC. We definitely need an emergency fund to hold BTC for the long term.

[Luzin]

Holding BTC for the long term is indeed a good strategy, as many people have proven successful investing in BTC thanks to their long-term holding power. However, many people have lost money investing or trading in BTC because they couldn't hold their BTC for the long term. So, holding BTC for the long term is a good strategy, as BTC is always making new ATHs.

So far, past ATHs are proof of historical performance that may or may not happen. But from several cycles I've gone through, I believe 98% of ATHs will come back. The problem is that the strength of holding isn't just about holding on. You need to know how to hold safely. Decide when to exit and set definite targets. The real challenge is mental because we need a lot of patience. Many temptations to sell will come. So basically, talking is easy, but doing it under the right and measured conditions is really hard to achieve.  IMO

[Razmirraz]

Holding BTC for the long term is indeed a good strategy, as many people have proven successful investing in BTC thanks to their long-term holding power. However, many people have lost money investing or trading in BTC because they couldn't hold their BTC for the long term. So, holding BTC for the long term is a good strategy, as BTC is always making new ATHs.

However, we must use money we can afford to lose or discretionary income to buy BTC. We definitely need an emergency fund to hold BTC for the long term.

Long-term Bitcoin investment has proven highly profitable "if you are patient and use discretionary income." After all, the historical record is undeniable, investors who hold Bitcoin for the long term have rarely experienced losses. The key lies in proper money management and having sufficient discretionary income so that you are not forced to sell assets during a market crash. You should set aside an emergency fund first, then use the remaining "spare" capital for DCA into Bitcoin.

Those who are psychologically unable to withstand market volatility will be the first to sell when values ​​drop, driven by panic as fear overrides their logic. So, the statement that Bitcoin isn't for everyone makes perfect sense (IMO), while anyone can technically own Bitcoin, that is a different matter when it comes to investing. Bitcoin is ideally suited for those with long-term plans, nerves of steel, and funds they truly do not need to use for the next 4 to 6 years.

[Livingleged]

Hodling is such a genius strategy simply because it doesn’t require any technicality. You just buy, HODL and chill wait for magic to happen because it’s gonna happen sooner or later. The only problem with it is what most people have pointed out already, which is the storage. It will not make sense that you suffer to accumulate some bitcoins and you loss them because of some compromised security. I feel sorry for people who have been victimised already. But for me holding only bitcoin is what I believe make sense and not including other alt coins because most of them just pump and dump. therefore trading such coin make sense than HODLing.