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?
Hodling Bitcoin isn't a forever thing, and selling depends solely on you. Bitcoin's price changes over time and different ATHs has been recorded in the past and Bitcoin's hodlers sold during these ATHs, hodling Bitcoin on a long term goal is a good way to go and you could decide to sell at ATH but I suggest you sell a fraction of it and hodl on the rest of it. Hodl on to your Bitcoin and sell when you know it's time to make good profits from it and don't hodl forever because one of the reasons why investors invest in Bitcoin is for a better financial stability in future so it's a total waste of time, energy and effort to hodl on to it forever.