Post
Topic
Board Bitcoin Discussion
Re: HODL ₿itcoin for Life, not for Lifetime.
by
Asuspawer09
on 05/02/2021, 20:06:56 UTC
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?

Most of us would probably hold bitcoin for a long time and probably a lot of users here would believe that the bitcoin market price will continue to pump in the coming years.

I mean it would still hurt when you sell your bitcoin early and then the price pump after 2-5 years it would still feel like you lose some profit, I think the best method is just to sell a small portion every time the price pump.

With that, you still have bitcoin in the coming years as an investment and you never know you could die and never spend your bitcoin may be for your family but treating yourself is still important.