The Welsh winger has been linked with both Barcelona and Real Madrid following a string of match-winning displays for Spurs this season.
"If I was personally advising him, I'd say don't move yet," Hoddle told The Sun.
"When you go abroad, like when I moved to Monaco, you can't just pick up the reins and carry on. He won't be able to do that if he goes to Barcelona or Real Madrid — that would take some time.
"I think another year or couple of years and he'll be ready, but if that cheque's big enough I don't think Tottenham will be able to turn it down."
Bale was ruled out of action for two weeks on Friday with ankle ligament damage.