Basically Bitcoin needs plan. And in my point of view anyone has Bitcoin or he is buying with DCA method so I think he should never sell all the Bitcoins at once. He always hold some amount of Bitcoins. And if anyone will believe on Bitcoin and will Hold for 4-10 years or even more so definitely Bitcoin will give benifits of his/her believing.
It's not a guarantee that hodling bitcoin for years will prevent its price from falling to a point where it's affordable to purchase during a bear market since the bear market serves as an opportunity to buy Bitcoin at a low price.
I agree with you that holding Bitcoin for years will not prevent the price of Bitcoin from not falling, but hodling Bitcoin for years will play an important role in your Bitcoin hodling because there will be a time when Bitcoin price will never fall below $50k, and if you are still hodling your Bitcoin till that time you will not have to buy Bitcoin on a high price. But if you sell your Bitcoin before that time and you want to buy it again, you will have to spend a good fortune before you can accumulate a reasonable quantity of Bitcoin because the price of Bitcoin will be excessively high.
I quite understand what you mean but my question now is that for how long can we hodl our Bitcoin? Is it till when it has achieved a stable ATH or we keep on buying and Hodl because I feel that there may be a certain stage whereby the price of Bitcoin may not go higher again and possibly maintain a stable price so at that point if one is still holdling bitcoins it doesn't add any value to it rather it can be used to perform transactions from one Bitcoin holder to another since our mission for acquiring more Bitcoin is to put an end to fiat and the centralized method of performing banking activities.
We can actually buy and hodl Bitcoin for as long as it hasn't reach a stable ATH because that's the only way that it's value and volatility is on a higher demand and the only way to achieve mass adoption of Bitcoin is if so many investors must have acquired a huge amount of Bitcoin then we can possibly use it as a medium of exchange that will replace the use of fiat that has caused more harm than good over the years. Fuck fiat as Bitcoin has come to conquer and together we will achieve it.
Bitcoin is really gonna be a life changer to many if we keep acquiring more of it because by so doing that's the only way that it can gain more value and relevance. One thing I like about Bitcoin is the introduction of Blockchain technology as the activities of each individual can be visible by other network of each blocks thereby there will be limitation of frauds and transactions hitches and transactions are being confirmed by large numbers of Bitcoin miners so it is really a fare environment for all.