Maybe at the start, the idea wasn't for it to primarily be a long term store of value but at the present, it obviously has become a store of value and the majority of holders use it for that purpose rather than using it for frequent transaction. Because of the potential of some crypto expecially bitcoin, selling it too soon looks like a wrong investment strategy and the narrative we've been seeing has been mostly towards that direction. Using it as a long term store of value doesn't take out the fact that it cold also be used as an alternative currency but factors like increased transaction fee makes it deficult to use It for such purpose.

Maybe if bitcoin becomes less volatile and there's no indication that it will get bullish in the future I might reconsider holding it further than this but as long as things continues to get better and the market continues to be favourable to most holders, I will opt for holding it rather than spending It. The advantages with holding your coin is that you can decide to spend it at whatever time you want to but once you've spent it, regardless of how bullish the market later gets to, you're never going to benefit from it again.