Re: Is the recommendation to HODL Bitcoin, to hodl it forever, or...
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.
It seems that the inventor of this word was simply a little drunk. 
so i've had some whiskey
actually on the bottle it's spelled whisky
w/e
sue me
(but only if it's payable in BTC)
actually on the bottle it's spelled whisky
w/e
sue me
(but only if it's payable in BTC)
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?
It is recommended that you do what YOURSELF thinks is right. No one can determine what will be the best action for you.Just how do you define your hodling recommendation? Is it really forever or does it have any exceptions?
Eternal hold is meaningless. Bitcoin should be useful, either to you personally or to the BTC-community. That is, coins should circulate, and therefore move from one user to another. Of course, eternal hold is also useful for the community in its own way, since by reducing the number of coins in circulation it will increase the value of each coin, but I believe that this is not the best use.