Stuck at 0ns

Yesterday, I had an issue in one of my simulations, were the run was stuck at 0ns.Upon debug, I found an issue in the code. Although it looks obvious it takes quite a while to figure these out... Isolating the problem ....

module top;

  bit [2:0] cnt;

  initial begin

   for(cnt = 0; cnt <8;cnt++) $display("Cnt:%0d",cnt);

 end

endmodule

Look through the code, and we might feel it just prints 0...7 and the simulation stops.Once we run the code we realize that it gets stuck in an infinite loop.Reason is simple, the 'cnt' variable is a 3 bit variable, when the loop reaches 7 the 'cnt' is incremented and gets rounded of to 0, once again starting the loop , and this goes on and on.