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.
Bitcoin is like a culture, the more you own it the more you become motivated to keep holding it and for that, most of those who were lucky to have bought Bitcoin 10 years ago, they bought it at a really cheap price and for that can make a lot of profits from it with the small investment so moving the bitcoin around is no longer in the agenda.
But those of us who came into Bitcoin when the price was already high, will have a tough time in holding on to our Bitcoin for a long time, this is because we also have some other needs that we may want to put the capital into and those demands are also very important, so we may have two sets of Bitcoin investors, we have the long term bitcoin investors and also the short term speculators who constantly are moving they coin around at all time.