There is a story, as on the eve of the Great Depression Rockefeller was cleaning his shoes from a street cleaner. And the cleaner asked him if it was worth selling shares or waiting a little longer? After that, Rockefeller called his stock exchange broker with the order to sell all the securities at once: "If there is already a shoe cleaner on the stock exchange, then there's nothing for me to do!".
Even if this story is fake, do you think it can happen with bitcoin?
Maybe, and maybe Bitcoin is in a bubble, but what if its not? What if it keeps rising? Ive missed out on making a lot of money because of timing the market incorrectly in the past. If I had just bought and held Bitcoins that I bought in 2012 and 2013, I would be much better off than I am now after spending years trading to gain more Bitcoins. All that work didnt help me. Now Im just going to hold and see what happens. The worst case scenario is that I have to wait out a crash.