Long time holding is a core deal for any good investor in the BTC as the results is always impressive. Op all you mentioned is very important to help whoever with the desire to hold actualize the dream, as many has made mentioned which is not too far from my idea, any investment which the investor is hoping to take income from there to run daily activities or needs hardly withstand long term holding one need set outside element that kill long term holding practice by profiling solution like emergency fund , reserve fund and diversify other means if income as this could promote and keep the investment running untouched.
Omo to HODL Bitcoin for long don be the matter of discussion for long since because na watin people known as the early investors dem take cash out massively and the good thing about Bitcoin be say no matter what even till now you still fit hold am for long especially if you no how to plan yourself well because if you rush into investing in Bitcoin without having a good strategy then you might end up regretting because as your money fit increase na the same way your money sef fit take reduce wey fit come make you frustrate sell am off if you no get mind na make dem get the saying dat CRYPTO IS NOT FOR THE WEAK.
The investor that will enjoy and profit from HODLing long term, is the investor that has a steady source or sources of income. It is also an investor that knows how to oblige to the safe practices of using a hardware wallet and is matured enough to maintain discipline despite the rise and dip of the cryptocurrency market.
If anyone does their research properly before deciding to HoDL long term, they would understand that HODLing requires a steady fraction of income at a time either quarterly or monthly or depending on ones convenience.