Some of the bitcoin holders were on a panic selling because bitcoin is getting more and more higher value than we expect from previous years of its existence. Those who have their own bitcoin on their wallet should spend wisely from time to time so that they can still use bitcoin in the future with a great amount since the last BTC will be mined in 2140.
ive been selling into this latest bull run, many of us have and do sell on these bull runs.. and with no intention of trying to buy back lower although it happens sometimes. dont ever forget to pull some profit when the good times are rolling.
its a balancing game, long term btc vs fiat for near term. just be aware you most certainly will have another bear season. dont get stuck selling btc at a horrible price if something unexpected is needed and you need to pull from your reserve stack.
personally however i think this party is just getting started.
Actually it is the idea of the trading we need to consider in selling our bitcoin because we all know that all of us are working because we need to earn money or make profits for our daily needs. I think as this user stated and you will also hear this idea of selling in others. They all sold their bitcoin in the highest price like in the all time high as much as possible because in that case, they can earn a lot more bigger than their expected income or value of their bitcoin. And sometimes there are instances that when they sold their part is that it will continue to raise the price and they will have some regrets, right? But for me, I can say that it is okay because profit is profit and many people have difficulties in earning profits and we all know that we are all lucky that we have some bitcoin.