Post
Topic
Board Bitcoin Discussion
Re: HODL...until when?
by
777Jolami
on 25/08/2021, 06:51:51 UTC
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?
Hold is an investment strategy until you find a good return and are ready to sell for a profit based on your criteria.  But should accept at a certain level of profit, and should not be greedy.  Holding is a form of discipline to follow in this market.  Hold at the right time and sell at the right time is a standard of profitability.  And not everyone can achieve it
Calculating distance and profit on Hold is essential.  Holding too long also has side effects.  Lol