Hodling ; What is , or What should be the target?

[taufik123]

Yeah, I regret not doing so because I failed to secure a decent profit from my holding. While I don't particularly monitor the market since I know volatility can screw with my emotion, I plan to sell some of my stash when I feel like we're reaching the top of a bull run. Hopefully, I can time it well so I don't end up with another regret.

Regret will always come when you don't take profits when the price has started to get high and reach your desired target.
Sometimes those people are too greedy to reach a higher price.

I am aware that investing and trading is to make a profit, so take profits when the price is starting to get good and it is indeed the time that needs to be done.

Usually people who are too panicked and greedy will only sell when the price keeps going down but when it goes up and keeps going up they hold it in the hope that the price will go even higher, I have also been in such a condition that it messes up all my strategies.

[nakmantu99]

Yeah, I regret not doing so because I failed to secure a decent profit from my holding. While I don't particularly monitor the market since I know volatility can screw with my emotion, I plan to sell some of my stash when I feel like we're reaching the top of a bull run. Hopefully, I can time it well so I don't end up with another regret.

Regret will always come when you don't take profits when the price has started to get high and reach your desired target.
Sometimes those people are too greedy to reach a higher price.

I am aware that investing and trading is to make a profit, so take profits when the price is starting to get good and it is indeed the time that needs to be done.

Usually people who are too panicked and greedy will only sell when the price keeps going down but when it goes up and keeps going up they hold it in the hope that the price will go even higher, I have also been in such a condition that it messes up all my strategies.

In investment we have to make a plan and target, if the target has been achieved we should not be greedy and want to take more profit, because usually we will lose when we are greedy because it is no longer in accordance with the target we planned. That is a bad emotion, and experience should be able to control the emotion

[taufik123]

In investment we have to make a plan and target, if the target has been achieved we should not be greedy and want to take more profit, because usually we will lose when we are greedy because it is no longer in accordance with the target we planned. That is a bad emotion, and experience should be able to control the emotion

Greed is the root of all problems that will occur, so when the main target is not achieved it will make us even more stressed and lose everything, including an investment that is being made.

I myself will sometimes lose out on unstable trading psychology that keeps all plans from going as they should.
This will bother me a lot, so there will be more burden on the mind.

[sampoerna]

Yes, because it is true for Bitcoin, holding is worth it. There are many things that make us excited to hold Bitcoin, especially when stepping on the bearish to bullish era, this is really worth it when we can get the opportunity and funds to be able to buy Bitcoin at a price that is still quite low. and then hold for a long period of time, yes at least until we meet the bullish era. This will be very potential to rise, and Bitcoin is that successful in various efforts to increase its price in every bullrun era.

The problem is how strong we are to hold because there are indeed many things that make the price of BTC suddenly drop and collapse drastically, while the increase is very weak. but for Bitcoin holders, especially long term, then that will not change our desire to continue holding the coins at least we hope to meet the real bullrun from Bitcoin

[nakmantu99]

In investment we have to make a plan and target, if the target has been achieved we should not be greedy and want to take more profit, because usually we will lose when we are greedy because it is no longer in accordance with the target we planned. That is a bad emotion, and experience should be able to control the emotion

Greed is the root of all problems that will occur, so when the main target is not achieved it will make us even more stressed and lose everything, including an investment that is being made.

I myself will sometimes lose out on unstable trading psychology that keeps all plans from going as they should.
This will bother me a lot, so there will be more burden on the mind.

At the beginning of my learning to trade I experienced this, where bad emotions arose, I was greedy so that the target I had set changed because of this bad emotion so that I experienced a loss because I expected a higher profit but the price suddenly dropped. It is indeed difficult to control emotions if we do not have good experience and knowledge in trading, that's why many people need a long time to gain experience.

[satpol_PP]

Yes, because it is true for Bitcoin, holding is worth it. There are many things that make us excited to hold Bitcoin, especially when stepping on the bearish to bullish era, this is really worth it when we can get the opportunity and funds to be able to buy Bitcoin at a price that is still quite low. and then hold for a long period of time, yes at least until we meet the bullish era. This will be very potential to rise, and Bitcoin is that successful in various efforts to increase its price in every bullrun era.

The problem is how strong we are to hold because there are indeed many things that make the price of BTC suddenly drop and collapse drastically, while the increase is very weak. but for Bitcoin holders, especially long term, then that will not change our desire to continue holding the coins at least we hope to meet the real bullrun from Bitcoin

I think holding bitcoin to buy now and hold until next year is not too long, maybe 6-10 months we will see the bullish season and the price of bitcoin will reach $ 100K, this is just a prediction can be wrong.
but for me $ 100K is still reasonable for bitcoin to reach the top ATH next year. We should keep holding our bitcoin and wait until next year if we want to get maximum profit.

[taufik123]

At the beginning of my learning to trade I experienced this, where bad emotions arose, I was greedy so that the target I had set changed because of this bad emotion so that I experienced a loss because I expected a higher profit but the price suddenly dropped. It is indeed difficult to control emotions if we do not have good experience and knowledge in trading, that's why many people need a long time to gain experience.

Even people who have been studying for a long time they cannot manage psychology well, always experience unstable emotional spikes when the strategy does not fit and the price of the purchased coin continues to fall.

I am also one of those people who is quite weak in psychology and always feel like a failure when the coins I trade do not make a profit.
It was very imprinted and made me stressed.

So prepare your psychology before trading and be aware that not only profits, but losses will always happen to anyone.

[albon]

I have noticed that most people wait for the halving to happen and then they become bullish and believe that a new bull run is on the way but that is not how it happens. Plus you'll be rushing to buy before it's even half off. So now is the perfect time to start investing before bitcoin goes to halving in 2024! On the other hand your pocket fund will tell you long time or short time holding pried. Personally i always take bitcoin as a long time holding because my investment here is risk free. However, in the case of altcoins, short time is best and the desire to profit by using the hype of a token.

[debra]

Also for those that pinpoint their target with a particular fiat equivalent of say $100k , what is your target ? What if we hit $100k just a year and six months after our recent halving, will you still classify based on your target that you did  HODL for long term?

And for the Forever HODLERs or should I say infinity HODLERs, what's your catch?

Actually for my first target, it will be at the rate of around $90k. I will take profit several percentage of my Bitcoin. But, it is not all in taking profits. Then, the second target will be at $100k. I am sure that the price can hit that $100k, but anyway, I have to make sure I have enjoyed the profits first from the initial purchases I made, so I want to take profits at a number that is very likely to be large. The next is a bonus if it can reach $100k or even more.  And will be much more profitable again if it is more than $100k, but for me, I will be more carefful this time by setting seevral stages of my target to take profits.

[bhadz]

The target varies for what you are up to. You can also have not a target at all and you just casually withdraw money whenever you need to have it. All you have to do is to make sure that you're in profit every time you make a withdrawal so that you won't have any issues at all for your sake and you're not going to be problematic each time you decide. Because many sellers that tend to be long time holders are regretting the times that they have sold and that's a normal issue to most of us.

[libert19]

Also for those that pinpoint their target with a particular fiat equivalent of say $100k , what is your target ? What if we hit $100k just a year and six months after our recent halving, will you still classify based on your target that you did  HODL for long term?

I am holding little BTC but I have plenty alts which I am looking to get rid of when BTC reaches 100K, sell those alts for stables, and purchase BTC when it dips to ~$40K.

I am really patient person; I don't know what exactly I would call a long term but 1.5—2 years is definitely not it.

[Mia Chloe]

I am holding little BTC but I have plenty alts which I am looking to get rid of when BTC reaches 100K, sell those alts for stables, and purchase BTC when it dips to ~$40K.
I am really patient person; I don't know what exactly I would call a long term but 1.5—2 years is definitely not it.

From what you've said so far I can conclude that your hodling plan is very enthusiastic. Well for bitcoin to push to around a 100k we are either going to have a slow and gradual push or we get a very high momentum. Well I. Can say that for us to be a vle to get that strong momentum to quickly pump bitcoin to a 100k will be difficult even if bitcoin is volatile. Anyways if we get to a 100k with a strong push like that we'll definitely experience some pull back because of the inefficiencies that would be left behind.

Anyways the best I believe would be a gradual momentum since the likelihood of a sudden drop in price happening would be way more lower. Bitcoin going back to 40k though is going to be very difficult in my opinion.

[0t3p0t]

I am holding little BTC but I have plenty alts which I am looking to get rid of when BTC reaches 100K, sell those alts for stables, and purchase BTC when it dips to ~$40K.
I am really patient person; I don't know what exactly I would call a long term but 1.5—2 years is definitely not it.

From what you've said so far I can conclude that your hodling plan is very enthusiastic. Well for bitcoin to push to around a 100k we are either going to have a slow and gradual push or we get a very high momentum. Well I. Can say that for us to be a vle to get that strong momentum to quickly pump bitcoin to a 100k will be difficult even if bitcoin is volatile. Anyways if we get to a 100k with a strong push like that we'll definitely experience some pull back because of the inefficiencies that would be left behind.

Anyways the best I believe would be a gradual momentum since the likelihood of a sudden drop in price happening would be way more lower. Bitcoin going back to 40k though is going to be very difficult in my opinion.

$40k is quite far but possible depending on what pushes the downward trend but we are also very optimistic about Bitcoin hitting the $100k mark  if not this year then maybe 2025 so yeah I am also wondering how many digits you guys will make as profits if it hits $100k? As per my holdings it's quite small maybe 4-5 digits in my local currency the approximate profit when price hits $100k.

[MrSpasybo]

Yeah there really are a lot of questions, anyways your reply is quite interesting. Well from your reply the summary obviously suggests that you are a HODLER with a price target in mind. Well it's possible bitcoin hits your target price of about $100k even before 2025 and that of course is if we eventually get a good bullish push . Anyways chances still have it though that we may not hit $100k+ few months into or after 2025.

I believe that price targets are often set for fun and to test one's predictive abilities rather than as strict trading conditions. I anticipate BTC to reach $150K-$170K in this bull run, but I'm always prepared to take profits at the first signs of a trend reversal.

$100K has always been a significant price level we've been eyeing since 2021. While I can't say for certain when BTC will hit it, Q1 2025 seems like a plausible timeframe. This could be the perfect catalyst for a market explosion and the start of the altseason!

[Mia Chloe]

I believe that price targets are often set for fun and to test one's predictive abilities rather than as strict trading conditions. I anticipate BTC to reach $150K-$170K in this bull run, but I'm always prepared to take profits at the first signs of a trend reversal.
$100K has always been a significant price level we've been eyeing since 2021. While I can't say for certain when BTC will hit it, Q1 2025 seems like a plausible timeframe. This could be the perfect catalyst for a market explosion and the start of the altseason!

The fact is that bitcoin will likely hit $100k however the problem like you said initially is that we can't actually tell or pinpoint when exactly it's going to happen. Bitcoin is currently on a nice trend and as long as it continues price will likely progress gradually until we eventually hit or even surpass a 100k. Anyways saying 150k or more is very enthusiastic I'll say. Bitcoin has done a couple of pullbacks lately while still maintaining its uptrend.

Personally though I don't really see bitcoin hitting a 100k this year it may actually seem like it but I really don't think it's happening anytime too soon. A big push  may occur that can probably take us to around about say 75k however even at that we'll still experience a pullback if the momentum is very strong.