Hodling Bitcoin is TOO easy. That’s why people don’t do it.
For many, once you have a lot of Bitcoin it becomes boring. Let’s say you stacked early and you have 100 BTC. What are you going to do now? Work a job and stack another .5 btc this year? What’s the point?
Once you have enough Bitcoin and you’ve accepted the thesis,, hodling Bitcoin becomes is TOO easy. This is why so many Bitcoiners eventually wander off to other coins and ideas. It was chasing interesting, new ideas that got them into Bitcoin and made them an early adopter, and they are continuing the cycle of chasing new ideas.