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.
We all have different reasons and mine isn't just about getting rich like most people, here is a good example of why I choose Bitcoin over everything else.
A million dollars today won't be worth the same in 10 years, $1Milion right now will be $1 Million in 10/years but not the same value, only the numbers won't change but the value will be way smaller, that is the curse of inflation on Fiat currencies.
With Bitcoin you and I can escape this, many people are getting into Bitcoin to get rich and buy all they desire but I choose to have Bitcoin till my last breath as my gateway to escaping true inflation in this world.
I will always have some Bitcoin, even after I retire.