HODL does not mean "hold on for dear life"
That was some no coiner gambler who came up with that characterization of HODL in order to wrongly imply some level of gambling and/or panic/stress that a HODLer needs to have."<<<<<<<
I wonder where they got the idea from that holding means "hold on for dear life" I mean how did dey arrive at this conclusion, though we know bitcoin is more of long term holding but how can someone hold bitcoin without having a plan from the start or along his/her accumulation journey, they say
" if you fail to plan you plan you to fail" so a holder without a goal to achieve with his/her bitcoin by the end of their accumulation journey is either making investment for their children/next of kin, that is if they have his mnemonic phrase and private key or they are just making investment to keep the system running if anything happens to them.
There seems to be a mistake in this because seeing from the situation the view that I got actually for the hodl problem is clear that it is only for the determinant of the target we want to achieve not as a whole to stay in bitcoin forever because we must realize that this is an investment and we expect profit so there must be a target that we want to achieve such as the time period or the profit we want to get so there is a need for hodl for that.
In addition, actually when talking about strategy, of course there must be a mature strategy from the start because if in the end you take the wrong step when taking a strategy at the beginning you are in bitcoin then you may not be optimal in terms of the results we want to achieve. I will take an example here. Suppose we want to do DCA but the nominal that we set to do DCA at the beginning is too imposing because it does not match your economic situation (greater than your income) then indeed it will not be optimal because the DCA that you do can be stopped halfway because the nominal that you determine to do DCA is greater than income and actually hampers your economy.