I just sat down reasoning about everybody's decision to hold or keep their BTC, if the price of BTC reaches 50K today who is going to buy at that price? then there will be many sellers and few buyers, is the reasons for holding or keeping the BTC justifiable? please some convincing explanations.
One bitcoin is a completely arbitrary amount of bitcoin.So the price is completely irrelevant.
Of course I will buy at whatever price. When you buy $100 worth of bitcoin it does not matter if the price per coin is $0.11 or $11,000,000. Stop thinking of bitcoin as coins, they are not coins. It is more like a big pie and if the price is high then you get a smaller piece. But you still can have $100 dollars worth of pie.