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.
What you should understand is that everyone choice of interest in buying Bitcoin is quite different, some just want to trade the price volatility of Bitcoin and make some dollars off the table and whereas some Bought Bitcoin just to holdl, I have also seen people who has resorted to use Bitcoin as medium of exchange ,that is Business payment settlement in Bitcoin, basically using it to settle their clients abroad, so if you a lo people they will you their difficult for owing, therefore everybody has a unique reason for owing Bitcoin