If this isn't some extreme form of holding, I wonder what it is then. According to the Twitter handle of
Bitcoin Archive, 412Bitcoin worth $9.6m was moved from an address that was dormant for 11years. That means the owner just bought and "forgot" it there. While for some of us who have been holding for the past 3 months, it's seems like a century.This is gentle nudge that if someone has done it then you can(that is, if this is your goal).
How long do you think you can hold?
Good for him, 11 years is a long time and holding through all the bull and bear markets since then must have taken some strong stomach. Only question I have is why sell now? At the moment it seems to me like one of the worst times to sell your coins. Maybe he needs some money, but why not only sell a fraction and at least keep some of the money for the future. If you hold your coins for such a long time you should always keep some. Also anybody who only holds his coins for 3 months can't be looked at as a HODL investors, for that you should be holding longer than a year. Personally I have traded bitcoins quite active in the past and moved on now, for me HODL is the only real option to save and grow my crypto portfolio. I am looking at crypto currencies and bitcoin in particular differently now, it's an asset that should be part of any portfolio. That is why I am planning to leave my coins forever and pass them down to my children and hopefully my grandchildren eventually.