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?
I don't think the intent would be to hold forever. There's a parable about a Mexican fisherman that showcases us money isn't everything, sometimes a simpler life is the way. After all, what is the $ for? For things. Or to spend on people, perhaps. But it won't go with you anytime soon, or later for that fact.
Take a look at the recent 80k BTC sell. People are clowning this guy for selling, and for what? What else are you going to do except live a life worth living. It doesn't make sense to me to HODL forever. Take what you need to live a happy, blessed life. Generational wealth, WAGMI all copes. Don't miss your life