Should I sell, spend it all on hookers, or some combination of the two?
No offense, but I think people who might have bought bitcoin 12 years ago and held onto it until now. I didn't think they would ask naive questions like these, questions that only newbies usually ask.
I believe that people who can hold bitcoin for such a long time will have enough knowledge and understanding, as well as have a clear plan for their investment. No one could have held bitcoin for the past 12 years without a clear investment plan or knowing what to do with their bitcoins.
I believe what you are saying because it is impossible for them to have invested in bitcoin for so long without having a sufficient plan, so is he like someone who has found long lost bitcoin?
As an investor who started a few years ago and already knows what the next plan is, I find the OP's question quite ridiculous.