i decided to keep holding my coins a bit longer. it always feel better to spend coins when their value has gone up. at this point there is not much that i need. so holding is the best option.
I think the best bet is to hold long term. Hold for a couple of years at least and your bitcoins should hopefully have far more purchasing power then then you can live like a king on bitcoin
.i myself am holding but i also try to spend, trade and increase my coins and not just sit on them.
Why it's not a good idea? To become a millionaire is not a good idea? If you don't want too much risk or if you don't plan to cloudmine, trade BTC or alts or maybe don't want to know anything about crypto at all at this point it would be quite understandable and maybe a good move to buy some and hodl some. If you lose it, you lose it, but you can become a millionaire
bitcoin is not meant to make people rich.
it is money and you can earn and spend and trade it, just like any other currency but with cool features.