Do many of you follow this approach or are you mostly traders?
I have a specific amount that is specially set aside for long term HODLing no matter what happens. And I am always trying to add sats to it little by little. I have another amount that is traded mostly during large swings. And a more limited amount for spending and converting into cash.
Another question- When people preach HODL philosophy (obviously I know it means hold) is this the same "stack sats and chill"... or are the HODL'ers just those that invested big at some point in the past and are long-term holding a single position?
HODL does not refer to a specific amount or range of amount; it refers to the act of keeping your BTC intact in your wallet, however small or big it may be, despite the rough ride, not necessarily in an unflinching way but definitely with more resolve than the weaker hands. Sometimes the "stack sats" remain but the "chill" is gone. But that I guess is very normal especially if the value is plummeting. The important point is that the HODL continues.