What is the essence of buying and hodling Bitcoin like is it to accumulate it till it attains ATH then we sell it off and wait for a dip and start buying and holdling again or just accumulate it and start using it as a digital means of exchange or are we going to continue till the 21 million Bitcoins have be mined, already 19 millions have been mined remaining 2 million because overtime, i have come across several topics about buy and hodl bitcoin so i actually wish to know the sole objective of acquiring bitcoins.
the major reason why everybody want to buy Bitcoin when the price is low and sell when the price is high is because of profit because the objectives of every investor is to make a profit so buying mind the prices low will be favorable to someone who want to venture into a long-term investment in Bitcoin so therefore every investor is likely to buy when the price is low so that during the bullrun they may likely make a profit through the investment, especially they likely to venture into long-term investment, the billionaires we have today through cryptocurrency investment especially Bitcoin ventured into long term investment not a short term Investment