Post
Topic
Board Bitcoin Discussion
Re: HODLers, When Will You Sell?
by
jrrsparkles
on 28/12/2023, 15:38:51 UTC
I really admire people capable of keeping bitcoins in their wallets for years without even moving them. I see wallets that their owners never moved coins from for 10 years and wonder how they do it. If you're a HODLer. when do you hope to sell? Would you cash out if Bitcoin soars to $100,000 or sit back and wait until it gets to a million?

ONLY for HODLers please. PLease share when you'll be happy to sell.

I don't see any point in hoarding forever as well as buying and selling whenever the market moves, HODLers is term used for long term investors and some of them are too rich to cashout the profits they made from bitcoin so their wallets haven't been active and some of them actually lost access to wallet so they can't move even if they want to.

Now about the question, it depends but I would say selling all in isn't the smart choice but cashing out when the market at its peak and buy back when it is in red is the most effective.