Everyone in here is desperate to convince each other the Bitcoin can only go up and therefore you have to buy and hold.
But when you buy Bitcoin, someone is selling it to you.
Why are people selling Bitcoin?
The knowledgeable people are the ones who are now slowly selling out before the bubble bursts. When you are now buying more and more Bitcoin ("investing" as people in here call it) who do you think you are buying them from?
You are buying from the knowledgeable people who are slowly getting rid of their Bitcoin.
It could be any peoples who wants to sell their coin for buying another coin.
in cryptocurrency, this will happened when some new coins is increasing rapidly.
They want to sell their btc, then buy that coin. later they will sell with the higher price and buy back bitcoin with more amounts.