I really admire people capable of keeping bitcoins in their wallets for years without even moving them. I see wallets that their owners never moved coins from for 10 years and wonder how they do it.
That's true there are lots of crazy dudes who hold Bitcoin more than 10 and 12 years and today those all are the real gainers. Moreover we have to remember another thing that nowadays there are many wallets which are lost forever.
A report found on 2020 that around 3.7 million bitcoins were lost forever. It's pretty much a concept though. However, it is also true that there are many wallets that lose their backups and those bitcoins are lost forever. So we should be interested in seeing these things.
If you're a HODLer. when do you hope to sell? Would you cash out if Bitcoin soars to $100,000 or sit back and wait until it gets to a million?
ONLY for HODLers please. PLease share when you'll be happy to sell.
Of course, it depends on my future situation, but I have taken a rough strategy that I will hold Bitcoin until the next two halving periods. But of course it is not to invest by buying a large amount of bitcoins at once, I have basically taken the strategy of purchasing a certain amount of bitcoins per week or monthly using the DCA method. Now if everything is fine after passing the next 2 halving periods I will sell them if I found a pick on that time.