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?
The recommendation for hodl might just be to hold on to bitcoin, but there was no specific time period slated to hold onto your bitcoin when you’re trying visualiise the term HODL into bitcoin investment. Anyone can wish to interpret it the best way possible and what they’re okay with. It could just be hodling for a four year period and sell at every bull cycle when the market is at ATH. It could be to HODL for a longer time, probably a decade plus and take profits partially at every bull cycle. It just has to be what works for you best and your own understanding of HODLing. But a four years HODLing period should be the minimum when trying to employ this popular method of HODLing.
Just how do you define your hodling recommendation? Is it really forever or does it have any exceptions?
Forever may not really be what I envision of a bitcoin holder because what is the essence of holding forever without getting the chance to enjoy the benefit of holding through those times. So take some of them and spend when your profit target is reached while also preparing to accumulate more when another opportunity to do that comes by again.