Simple answer is Take profit when you are happy, there is no such thing as hodl forever, what happen if the price is now declining, this is just a example okay, the price goes down from 100k to 10k from the moment the price is going down to 50 you should have already take profit, why because you are again waiting for the next dip and buy cheap,
and hold again, so there is a phase that you should take profit and hold, this is just my opinion, look what the holder that bitcoin selling everything, you think, he will not buy again?
HODL = Hold On Dear Life, is like a trap in mindset and I don't consider it is part of my plan. I believe in Bitcoin, and try to accumulate more bitcoins as much as possible, but I am not a fan of HODL term.
I plan to hold my bitcoin for some market cycles because I am young now, and I am using my discretionary income for bitcoin accumulation, and have emergency fund to use just in case. I don't plan to HODL my bitcoin, not sell, and will die with it.
If I don't sell all of my bitcoin in future, I will give it to my children but only when they are matured enough and I don't force them to HODL.