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    Author Topic: My message to Hodlers  (Read 955 times)
    HONDACD125
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    May 19, 2025, 11:09:40 AM
     #101

    I don't think there is anyone who will be hodling their Bitcoin forever. Someday they will like to sell some part or all of their Bitcoin at a go, because of they profits they have accumulated. It won't because others are selling, it would because they feel like selling for the project they want to execute at hand, and the timing it was for them.

    However, we they hodlers of Bitcoin, what awaits us in the future about our Bitcoin accumulation is great. We shouldn't give up on our long term investment planning

    Holding your assets forever doesn't make any sense because you make investments to get profit from them, and if you don't take profits at all and only keep holding, it doesn't serve the purpose. One should always have a target in mind for when they are going to take profit, even if they don't sell all their assets, they should at least sell some and take profit, and keep holding the remaining stash if they believe that the price might go higher.

    There is also another reason why I think selling is better than holding excessively longer, and that reason is that you can reinvest the money that you get from selling your assets, which means that if you sell your Bitcoin at $110k, and then Bitcoin drops to $90k, you can buy again, and then if it goes up again, you sell again, and keep doing that.

    Even for long-term investors, it's better that they take profit frequently if they know the price has reached their target instead of getting greedy because it's a volatile market, things don't take much time to change.

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