To be honest, I've had this question for quite a while. I keep seeing people claiming to just hold and hold; it'll take one, two, three, or whatever years for the next bull market. However, I'm often wondering: do you ever feel tired of waiting for Bitcoin to thrive? The past few months, or the whole past year—I'm not sure I've lost track of time—have been quite stale. Bitcoin has been ranging between $25.000 and $28.000 for quite a while. The volatility compared to other periods is lower than we're used to, or at least, to what I was used to in the past.
Don't believe to anyone claiming they hold, or tell you to hold, that is BS. If you care to think of maximizing your profit then you should have thought of holding just enough for the next bull run and buy again during the bear market. People might trick anyone they come across with to say to hold but in fact they are selling their own crypto.
This is not true at all, and there are many who rely on the long-term storage strategy. Among them are those who sold their savings after achieving what they believe was the profit they dreamed of, and among them are those who are still waiting for the appropriate opportunity.
Do you know those who recommend Hoddle but do not follow it? They are people who were forced to sell their investment savings for one reason or another, or people who invested from the beginning in amounts that they need in their daily lives such that they cannot afford to spend a long time. You could say it's something like a state of regret.
In general, Hodel's strategy has proven its effectiveness with Bitcoin, and I believe that a large number of users follow it.