I was looking at some of the people who are working day in and out till their old age and they consume literally bad food, sleep very late and also they seem to be doing injustice to their life in general. And that is happening while their money is in the wallet and the banks which are not producing results.
When it comes to assets you hold them long enoughuntil they are meant to produce some sort of results. And that day never comes you have to refix your strategy and the approach for the savings. Like say you are saving for something and that scenario never comes, you have to use that money.
Let's talk about this.
Say you have 1BTC and you are 60 and you were holding it for your own house, old age savings and the life in general. But a lot of those goals never came in. And then you are supposed to fix the savings approach and instead spend that money. Because that bitcoin would be useless if you don't spend it in the right time.
Most of the time our approach to HOLD is so wrong that we hold them forever and don't spend. Some of the time life is about you spending the money and living as you spend the assets. That is how the life has to be and the HODLing has to make sense there.
You don't follow this approach, both the money and the people eventually would no longer serve you. Make sure to give your money and the people some deadline and the use scenario. That is one of the way you can make the life be use to you. That is something you have to plan out if you don't then the life kind of gets out of the hands.
My approach in upcoming years is to take vacation often and make sure to HODL for those new memories and the spending of the assets and not chase them like you are in 20s. It's not worth chasing anymore.
HODL is only making sense if there is life to be lived or else it gets boring.
What do you think?