Just how do you define your hodling recommendation? Is it really forever or does it have any exceptions?
People buy Bitcoin for several reasons. Some want to make a profit while others want to enjoy privacy. Is there any benefit of hodling Bitcoin forever? If you die without any succession plan, the coin will become a donation to the Bitcoin ecosystem. Many people who hodl Bitcoin have plan for the investment. Some people sell all or part of their hodling to satisfy some needs or for diversification of asset. Hodling forever could be seen as keeping Bitcoin all through your lifetime because you want to transfer it to your dependents before or when you die.
We all invest into bitcoin and hodl for several reasons. But it’s rare to hear that some would certainly hodl their coins forever since most persons I know, they already have set timeline when to reap their profits from bitcoin.
Although hodling forever will create huge returns once decide to sell, but know that even forever for bitcoin may not actually come. The market is unpredictable, that’s why we cannot tell if how long bitcoin will live on and stay profitable in the market.