Anyone who was into crypto this time 3 years ago
will remember the run up to the ATH of $19783.
It was a wild time in December of that year, there
were big gains made and alternatively a lot of losses
where some people FOMO'd in close to the ATH
and either sold at a loss or are still holding what they
had back then.
How many had the forsight to HODL what they had
for the next bull market, which is now?
I would say, not many!
Eventhough we (the positive) have been preaching
about the long haul and a look to the future.
These times are proof that when you buy high, not panic and HODL for the future is rewarding
Its really difficult to read what gonna happened in the market in the coming months, especially if you're holding a high amount of investment it's really tempting to sell your holding at this times because it could be a more profit or the market price could also go dump and then your gonna need to wait for another 2-5 years again before the market price of bitcoin could increase or pump again in the market.
Most people could assume that the market price of bitcoin is just gonna continue to increase in the coming years just because of the supply of bitcoin and mining bitcoin more difficult than before. But it could take years or a long time for that to happened and it might not be worth waiting considering the time of investment.
But it still depends because there are so many investments or businesses that could give you more profit in 2-5years than just waiting in crypto investment.