Quote from: Oasisman on June 29, 2021, 08:28:24 AM

Quote from: 15days on June 20, 2021, 03:52:18 PM

Those who advocate hodling, when do you cash out?

I mean, dying hodling is not the plan, is it? Eventually, you'd need to enjoy the fruits of your patience, right? When is that, when someone says "hodl"? Is it a savings plan? A retirement fund? What does it mean to hodl?

It is something that a Bitcoin believer would only understand.
Those who wants to make rich overnight would never understand the essence of hodling.
If you understand how the market works, you'll probably have a specific target/figure in your mind on when will be the perfect time to cash out.
As you witness, Bitcoin has been rapidly increasing more each and every year passed. Do you think Bitcoin would stop at this current market situation when every institutions, retail investors are starting to get interested in crypto?
If you know the answer, then you'll probably come up to a figure in mind.

Well put. Holding is different for everyone as each of us have different numbers in their mind. Those who successfully HODL will be the ones that will benefit from market bulls in months or years to come. It is imperative to know the market really well in order for you not to get shaken by small volatility.