no he doesnt wait for the highest price because he dont hodl verry long .
only those who are legit long term investor are the one that can experience the highest possible price btc can get but most of them do also miss the best oppurtunity due to over hold. we can lost not only by bad timing or lack of patience but also because of getting scammed and hacked
Yes, that is because many investors greedy to wait for the highest price, and when the price can touch the highest price, they don't sell it right away. They want to sell at the other highest price, but they don't realize that the price now touches that highest price. Many of us lose the opportunity to sell at the highest price, and we lost the timing to sell bitcoin. After we see the price can jump to the high price, we need to sell it before the timing is over.
That what we call greed investment.. Me myself on most part playing safe with all others kind of cryptos. i will sell when i think to sell even tough it still can get up. For me is enough with a profits rather then a lose so to be a hodler you need to think this deep.. How much you afford to lose if you losing money.. and how much will you take if it in profits? The answer inside yourself.. To be greed or not.