What percent of people do you think are able to resist selling their BTC when confronted with huge profits they've obtained. Say 500% or more even?
we are still in the beginning of crypto currency revolution. 500% is a reason why they wont sell their btc, because they believe it can be more than that. So I think its just less than 5%. Its difficult to decide when you want to open a buy positon right now when the price are high, but its even more difficult to cash out when you buy it at low price.