最近、「HODL」は戦略なのか、それともただの祈りなのか？

It's a good question. I think for many, HODL is more of a mental anchor to avoid panic selling in volatile markets, especially if they believe in the long-term potential of the underlying tech. But yeah, purely HODLing without any rebalancing or profit-taking can leave a lot on the table with today's instruments.

It's a good question. I think for some, it's definitely a prayer, especially if they bought near an ATH. But for others, especially those with strong conviction in the underlying tech and a long-term view, it still feels like a solid, albeit sometimes painful, strategy.

That's a really interesting point. I think for many, HODL started as a genuine long-term conviction, but the sheer number of cycles and the introduction of so many new ways to engage with crypto assets definitely makes one reconsider if it's still the optimal approach for everyone.