Quote from: mezzaluna on Today at 02:28:55 PM

Quote from: Coolcryptovator on November 14, 2020, 06:07:18 PM

Most crypto users are familiar with the HODL (Hold On for Dear Life). It's a good thing if you can HODL. I want to say HODL for dear life, not for lifetime. There is a reason why am I saying that. During the last bull run in 2017, I had more than enough funds to start a real life business by selling my Bitcoin. And to be honest, starting a real life business was too important for me since I was doing a job abroad. But sadly, I was greedy and had been waiting for more bumps. Eventually, I regret and now I can't do anything with that fund since bought a dew worthless shitcoin.

So if I HODL for dear life, then I should sell it for my need. Even I would won more BTC now since there were many opportunities when bitcoin dropped up to $3K.

What's your opinion? Should we HODL for Life or for Lifetime?

HODLing should also depend on the situation of the user. Most users are only using this Cryptocurrency Industry as another source of income but for some, it is their job. HODLing for Lifetime is not logical since nobody got time to do everything till their old so it would be useful for them to get their money anytime they want to use it since values can either rise or drop.

Definitely hodling term of bitcoin or even litecoin of an investors and traders were depend upon the urgency of needs or situation of a user. Cryptocurrency has a lot of perspective use but as of the meantime this was being uses as a part time source of income of some of us here. Sometimes hodling were not advisable if the chance of trading in the market were absolutely good for trading. And also, personally i didn't hodl litecoin for long time, i would prefer bitcoin for a long term investment.