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?
Why will you hold forever? Why will you be in need of money, and you will decide to keep on holding your bitcoin? Does that even make any sense. If you are in need of money, then you should just sell maybe some part of the bitcoin that you are holding to take care of anything which you planning to take care at that particular time, but why will you have bitcoin, and you going to be suffering, it’s not really right.
People are holding bitcoin to make profits, but you should know that that’s not the primary aim of bitcoin, bitcoin was created to serve as alternative currency, so we are even suppose to be making transactions with bitcoin, and not just holding bitcoin alone, so if anyone is holding for life it doesn’t make sense. So you just going to be holding bitcoin till you die, you won’t really be making use of it, maybe you will be using the profit which you made from bitcoin.