Quote from: SOKO-DEKE on July 27, 2025, 03:12:57 PM

Quote from: BTCETFInvestor on July 26, 2025, 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?

Holding (or HODLing) refers to keeping Bitcoin for a certain period of time waiting until the price of Bitcoin increases and the holder can make a reasonable profit from it. Holding can last for a year, four years, ten years or even longer, depending on how much the price of Bitcoin rises to the point where the investor is satisfied with the profit and sell to take the profits.the reason why many people prefer to hold for a long term like 4 to 10 years or more is because of the Bitcoin halving. Every four years a Bitcoin halving occurs, and after each halving, there is usually a bullrun a period when the price of Bitcoin moves to a new ATH This is based on Bitcoin history.

So, just imagine someone holding Bitcoin for 10 years that means they could witness two or more new ATHs. The profit made by that long-term holder is likely to be significantly higher than someone who only held Bitcoin for a year and then sold, based on past Bitcoin performance. holding Bitcoin doesn't mean you have to keep it in your wallet forever. It simply means holding until the price reaches a level you’re comfortable with and some choose to sell to take it aim profits.

Neatly executed to the question on ground as it should be. Investment is about patience and this metric of patience is subjective to each investor on how long they wish to hodl. If we are hodling on an investment for life without setting a periodic item of taking profit it makes the whole idea of investment less meaningful.
There should be a duration in your holding and as profit is made you take it to solve other problems. Holding for life is what I understand to be not selling all your bitcoin holdings when profit is made but taking profit and still leaving some significantly amount of bitcoin left in your holding to yield more profit in the future.