I believe when you want to support the Bitcoin network, you can do that by running your own node, which contributes to and strengthens the network security.

Holding and keeping your bitcoin stacks in one place won't help the network, but rather it will only help the holder accumulate more wealth. If something is not in rotation, how can it increase its visibility and adoption?

If you want to enjoy the best out of Bitcoin – I mean profit – you need to hold it for a long time. If you also want to prevent government and institutional investors from holding a whole lot of Bitcoin, you should hold it for a long time; selling contributes to Bitcoin rotation and circulation.

You don't have to sound apologetic for stating or expressing your point of view or opinion towards hodling and selling of bitcoin, for as a matter of fact, I've always believed in the freedom or liberty we have to do what ever we wish or want to do with our bitcoin..

You bought the bitcoin with your money in your own accord, so why should you seek someone's approval before you sale it if you want to sell? Holding is good for the price of Bitcoin, while on-chain transactions help the bitcoin network stay active and secure, which ever you choose to do is completely up to you as an individual, I choose to hold my bitcoin and I choose to sell when ever I want, and this is how it should be for everyone.

Buy and hodl doesn’t mean you should sell everything and buy bitcoin and hodl. If you think that’s what we are advising, you got it all wrong.

Depending on your net worth and cash income, the right btc allocation might be 1% or 10% or maybe 20%.

A very rich guy who has $10m in assets might allocate 1% of his net worth to btc and that’s $100k (nearly 1 btc). That’s more than many people’s entire net worth probably.

Everyone is in a different situation , so the formula is different for everybody.

I always say this thing there is nothing bad in selling your bitcoin even if you want to sell everything there is nothing bad about it, just that the timing for the sell is actually the reason why most people frown at selling bitcoin. You can simply decide to empty your wallet today at high price and buy back later at a low price or you empty your wallet just to actually solve a life threatening issue none of this are bad.

The only reason why many bitcoin maximalist are actually against you selling is to maybe use the profit to buy other assets or other Altcoins all in the name of diversification when the best asset to hold is simply bitcoin.

Yeah you are making a very valid point here but one thing that you have to know is that Bitcoin has grown above the intent and purpose on which it was originally designed to be so you have to know that Bitcoin is now one good asset that people invest in people are now more concerned about making gain from Bitcoin than it use so this is the reason why people go for long term investment as opposed to selling

Even if you are right - I believe the use case for bitcoin as a means of payment will continue. Bitcoin can help anyone transact whether it is between users in the same country or between countries with cheaper fees and better transaction speed. This is the advantage of bitcoin that is still in demand - but because of the growing interest in assets that provide good returns, many users will hold it for the long term rather than spending it.

I don't see any other investment asset that has increased 400% in less than 2 years - but bitcoin has proven it. Various groups are starting to be interested in it - even governments are taking advantage of it and investing in it. The long-term potential of bitcoin is convincing enough that anyone who believes in it will hold it longer and accumulate it.

Those who do that don't have basic knowledge of economics and how supply and demand play a major role in value and worth. In fact, how will anyone even demonize selling simply because they're hodling? In the first place, how did they get theirs if not that they bought from a seller 😏. For something to obtain its value, there has to be activity of a buyer and someone who's willing to sell, vice versa.

If hodling Bitcoin without selling strengthens the network, the Laszlo historical moment of that 10,000 BTC exchange for two pizzas wouldn't have ever happened. That transaction was needed to keep the network healthy. What is business if there's no buying and selling?

Nah, hodl isn't the best way out for Bitcoin from an economist perspective. By hodling perpetually, there won't be any use for it. A thing gets its usefulness when there's demand for it and those hodling that thing are willing to exchange it for fiat or barter.

Actually, the real reason why Satoshi Nakamoto invent bitcoin was for it to be used as a medium of payment alternative to the Fiat currency but over the years, investors found more value in it due to its appreciation in price which now made many people have the mindset of keeping it as a store of value with time.

To answer your question if holding bitcoin strengthen the bitcoin network, yes it does because since bitcoin hasn't gained mass adoption like the fiat currency made it become complex to be circulated from one person to the other because only few people own bitcoins. Most people that uses bitcoin as a means of payment still afterwards convert it to Fiat currency which is not healthy for the growth of the digital currency, rather than this practice of selling bitcoin, it would be better to leave them in your own custody while it appreciates and also give you the advantage of getting plenty of it in your portfolio if you are a DCAer. Storing your bitcoins will help you when enough bitcoins will be in circulation and everyone starts embracing it to make payments and other transactions, by that time, no one will be thinking of converting their bitcoins to fiat anymore. However, irrespective of the fact that we mostly preach about hodling bitcoin in the forum, it doesn't stop you from using it as a means of payment to another bitcoiner.

Remember, we can't hodl till eternity, therefore a time will come when bitcoin will start serving it original purpose of invention but for now, just HODL. However, the bitcoin network is already strong because each day transactions are recorded and miners are also busy in the blockchain so all these activities validates the bitcoin network.

well from your post, you may not be demonized since its knowlege that you seek. From my standpoint, holding BTC is an investment for the longrun but having good information on the market and trading with it in a way that gives you profits is a better investment in the shortrun. BTC is the father of all crypto and it takes good information for you to be a trader in BTC else you might end up losing even when it is not bearish. This is one of the reasons investors buy and hold while waiting for the bull.
Trading is for those that have mastered the arts or are in the process of mastering. Nobody will really want to just hold BTC while waiting for the bull; if they can actually trade with it in the present and make profits. Its all about what you know and how you apply what you know about BTC