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.
Every Bitcoin Hodler has his personal target most of the time and when they get that target most of them sell. However in general people sell their Bitcoins when they can have a profit.
Long term hodling when it comes to Bitcoin has proven to be the best over time. This is due to the fact that Bitcoin has been progressing over time.
Short term holders sometimes don't wait for a large profit margin to sell. Some even sell at any time just like The Cryptovator made mention in one of his replies that he most times sold Bitcoin without the aim of profit . It is important to also note that trading and hodling act somewhat like a balance system in the Bitcoin ecosystem.
When it comes to targets then we do really have indeed that different numbers on which there might be some will be unloading their bags on 2-3 years time or in every cycle or they would really be have plans on selling it on a decade time or they would really be selling out when it reaches million. It would really be that varying or depending on a certain holder on which it would really be that impossible that they wont really be having those selling points. In my case I have been bagholding some coins since 2020 and even up to now i do still have it but there are really moments or conditions on which you cant really be able to avoid not to get some partial profits specially if you do see that there are some opportunities on some altcoins on which it is really just that hard to resist in speaking about not selling out a portion but since the primary rule that i do have in mind is to have that diversification then i do definitely proceed out and taking such action because i dont really like on losing those opportunities.
I dont really like on missing up the same thing like on what i had missed out ETH or BNB just because i've been focusing too much on a single point. If ever i do able to invest out into those times then i might say
that im really be that rich now but well this is how reality kick up into your face on which i have missed out tons of opportunities just because i hadnt jumped in that much
specially into those ICO days of those top altcoins that we do have in the market today. It is really just that hard to consider on which one would be shooting
up and this is why its not new or shocking to have those missed opportunities.