Quote from: Josefjix on Today at 10:38:00 PM

Quote from: BTCETFInvestor on Today at 12:10:43 AM

Being new to Bitcoin I learned how a misspelling of the word 'hold' turned into HODL - a backronym or phrase standing for 'hold on for dear life' - - and this backronym is used often by a number of people.

So, my question is pretty simple. Is the recommendation to HODL Bitcoin, to hodl forever, or until the owner really, really needs (or really wants) currency for something important - with the intent to only sell a fraction of the BTC he has and continue hodling the remaining?

Just how do you define your hodling recommendation? Is it really forever or does it have any exceptions?

Do you have so much money elsewhere for your daily usage that you can't touch your Bitcoin investment? I mean, you have bigger quantity of Bitcoin in your wallet that you don't need it for any yet? Also, do you have other source of income that can't let you withdraw your bigger Bitcoin for any reasons?

I'm asking all these because if your answer is YES, then it's better holding your Bitcoin for as long as you want, if your answer is NO, then you should be selling your Bitcoin whenever you get some few profits. Think about it.

I won't ever need the Bitcoin related (ETF) assets. It's another asset in the game of wealth accumulation...