Post
Topic
Board Bitcoin Discussion
Re: HODL...until when?
by
milewilda
on 26/08/2021, 21:35:39 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?

Patience and waiting sometimes benefit more than selling and rushing, so you have to develop a good plan to manage your capital tightly so that you trade part of it and sell at the height that satisfies you and keep another part for investment in the long term, and thus you are profiting now and in the future as well.

Patience with the right plan, that will benefit you because you know when exactly you will sell. You cannot be certain as to what time you'll sell but you'll know you'll sell when you reach your target profit, that's called being smart and able to control your greediness because if not, you might end up panicking and will only waste your time and effort for waiting.
Having investment and making some plans on when to sell is something not that easy because we've seen on how this market moves and the possibly opportunities that you could experience
and this is why lots had decided on holding up for long term or no matter what happens to the market and there are people who are really diamond hands to do that but if we do go into
the realistic side of things then it would be more worth of if we do able to see profits on short term duration and make some re-rolling until you do make your investment way more
bigger compared as before.