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. 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.
Well, the real meaning of holding is to stay anything for a long period. As you that you saw some wallets that have been untouched for a long time and the holder did not do anything to it, maybe because of the phrase he lost. Sometimes people move their coins to their wallet and they write the phrase on a page or anything and with time they lose that phrase so in this case the wallet will be untouched for a long time until he find the phrase. Moving towards you are second is, is a person sell his BTC if its price goes to $100000 per BTC then I think he needs to sell some part of his BTC because people hold just to gain profits and I know from 0 to $100000 per BTC will take a huge time and he also did a lot of wait so I think he should sell it's btc rather he will wait for an increasing price, a lot of reason behind this but one is that he may live his half in poverty and if he does more wait then maybe he will spend his whole life and this btc did not benefit him.