Hello,friends
The question is addressed to hodlers who have been hodling bitcoin for years
Sooner or later there will come a moment when we will sell the bitcoins we hodl and have to invest this money in something else to create passive income
It can be real estate,any business,buying land and renting it out or something else
Very few people will sell bitcoins just to spend this money in a few months,at least i don't know such people
Everyone here is a smart person and everyone here has thought about where to spend this money
That's my question
P.s. I'm a holder myself,i'm thinking about strategies and i'm interested in the opinion of other hodlers to put these ideas in my head and think about them
-Regards
I mean there were surely a lot of people that are just holding Bitcoin and as far as I know, don't really have any plans on selling their Bitcoin any time soon, I kinda understand and I kinda don't at the same time but we all have different situations here, for some people, of course, they might not need to sell there Bitcoin at all because there already have the money to live on their a lifetime or even more, one thing that I've heard most of the time is they were just holding Bitcoin for inheritance and they just wanted to see how the Bitcoin is going to turn out in the end, is it going to skyrocket or might see if it is going to reach 1 million dollars something like that.
Personally, I am not really a fan of that since it wouldn't really matter at all if you are not going to sell it and make a profit on it, but still it would make sense if you don't need the money, but for normal citizens for sure the main goal is to make to a profit so you would need to make the best of the cycles in the market on bear market you for sure want to accumulate, and in the bull run surely would want to sell for profit and lower your risk.