I really believe that people who hold bitcoin for a very long time based on their knowledge and trust in bitcoin, so they are able to hold it even for an indefinite time.
Greed is synonymous with loss, and personally I can say holding bitcoin in the long term will result in profits not losses. And also usually greedy people do things with uncontrollable emotions, while the people who talk a lot about holding bitcoin are people who have knowledge and they do it by doing research or analysis, after all, what I've seen so far they are people who understand good management and discipline, so saying someone who holds bitcoin is someone who is greedy is something of an inappropriate judgment or even not right at all. Except they have no knowledge at all and have no idea of the risks and they do it on the basis of following others, while they have absolutely no idea what they are actually doing.
Yes you are right, a better level of knowledge about Bitcoin will strengthen their confidence to hold Bitcoin in the long term. So, for example, mister SAYLOR, he is quite familiar with the progress of the current era and he believes that bitcoin is the most valuable asset in the years to come. Therefore I think there is no such thing as giving up in accumulating more BTC in our portfolio for the long term.
The option to buy when there is a decline is a moment that we don't waste because it becomes a very good opportunity to buy and buy, in fact we always say that if you are not an analyst who masters every chart wisely then the DCA strategy is one of the best options as I do currently buy in every week.