Those who advocate hodling, when do you cash out?
I mean, dying hodling is not the plan, is it? Eventually, you'd need to enjoy the fruits of your patience, right? When is that, when someone says "hodl"? Is it a savings plan? A retirement fund? What does it mean to hodl?
You are right and I agree with your opinion. It's just that the meaning of the word HODL is different for everyone, because everyone has different needs and different investment plans. Sometimes life brings us surprises (pleasant or not) and then, for example, we need money, then it is good to know that we have some amount that we can take from some Bitcoin.
Different their own perceptions and they have different targets, hodl means you are waiting for good timing to sell
with profits and not to lose your money.
Some are waiting to maximize the benefits after supporting / buying any assets. Believing that inside this venue they'll
be able to earned a lot.