hoarding since 2012
my reasons:
dont need the lump money yet(think retirement fund)
i support bitcoin
i see bitcoin has longevity so no need to "get out early"
that said i do take very small % of holdings out for my yearly living expenses. but thats small fry.
if i was to take the hoard. there are tax implications so for now i just enjoy my life, travel the world and when i want to settle in a place of better climate(tax haven) and do my own thing. then ill think about selling it all.. but no time soon. there are decades to go in my bitcoin life
What? Since 2012? I am glad to hear from an old-timer who still has access to his Bitcoin hodling. This means you have overcome many temptations to sell. You have been able to overcome countless FUDs caused by many events. How were you able to cope when there were various predictions of the death of Bitcoin? Keeping Bitcoin for 11 years is bravery to me because it takes uncommon faith and patience. It takes financial planning and prudence to live within your means to avoid selling your investment. It beats my imagination how people believed in a strange coin and kept holding it even when they had various opportunities to sell and make some profit. I just feel that people who are still keeping their coin visualized or saw what others didn't.