Hoarding Bitcoin might make sense, but it’s not about 'the stronger your belief, the more you should go all-in.' It’s about whether you can handle long cycles, high volatility, narrative breakdowns, and liquidity pressure—essentially, an anti-fragile allocation issue. The essence of 'hoarding Bitcoin' is: long-term asset allocation + risk exposure + belief/narrative + cycle resilience. What users truly care about isn’t 'Will BTC go up?' It’s: Should I treat BTC as a long-term savings asset, and how can I hold it without getting wrecked by volatility?