Some countries now ban the use of Bitcoin, or banks restrict cryptocurrency transactions, resulting in an increase in the number of long-term Bitcoin holders.
For example, in China, China prohibits the use of Bitcoin. If I were Chinese, I might be more anxious. Some ways can be found to avoid being caught by the Chinese government. I will consider putting it in a cold wallet. In this case, you can only choose to hold for a long time. After all, there is no exchange to trade,
So will anyone give up Bitcoin?
I personally think people who do that I think they want to try to buy bitcoin at a very cheap price so they try to make bad news like what is happening right now and try to make the price of bitcoin fall. a case like this happened in 2018, where when the bitcoin price reached its highest price it would collapse a few weeks later.