If you invest in bitcoin with the motive of selling it when the price get to a sating level it then mean you are a semi trader, and you are the gambling at the same time, you are not an investor, because a real investor we keep accumulating bitcoin and hold unto it for long period of time, 5 to 10 years or more depending on your target, because every investors must not have the same target and the same mindset when it comes to bitcoin investment.
If you buy bitcoin and decide to hold for 1 to 2 circle do you also consider such person as a semi trader? Because holding for that long period might be for different purpose but making profit is always part of that reason, for that 5 to 10 years period a holder can actually have a speculated price in mind where he picture bitcoin to be at that point in time even if it don’t get their or get above that expected price, holding for long does not restrict the investor from having a selling price target.
It is best to hold Bitcoin for as long as possible before selling it especially when you hold large amount.
It is only the small holders that would be anticipating on selling part of their Bitcoin especially when the price of Bitcoin has increased to a certain point. Those who understand what it means by holding will not even bother about selling to make little profits and buying buying back when price goes down. Holding Bitcoin is always profitable in a long run and it's good when you hold for at least two circle so the price might have gone high above the level you bought.
I think you are misunderstanding the concept of never sell. They don’t mean never touch your Bitcoin ever. The reason why people always say never sell is because they mean to never sell simply for the sake of cashing out to hold onto to fiat for short gains. If you think about selling your Bitcoin just to hold fiat as your profit you are stepping back into the system where your money will lose value over time due to inflation. Many investors are already on profit even those that bought Bitcoin when it was at $25k in December 2023. But they hold on to it, why? because they treat it as a long term wealth preservation mechanism. Its true value displays as time goes by, over the year.
Although i have come to realise that HODL means different things to different people. Specifically in the way they see it.
1. Some see it as a way to avoid fiat and hold on to the appreciating value of their money in BTC while still accumulating.
2. Some see it as a way of saving but this time in Bitcoin, it could be for retirement, setting up a business, owning a house, cars etc.
So far you cant lose if you buy and HODL.