If the price of BTC reach $40k next month will you sell? I know many people will not sell until the price reach $100k, which it will take a long years before such dream will come to pass. What is your opinion.
Patience possessed by Bitcoin holders because it is based on adequate awareness. Bitcoin holders who set targets when to sell are said to be people who understand Bitcoin.
When analyzed Bitcoin has the opportunity to reach a price of $40k next month, it is not certain that the holder will sell. It is likely that it will continue to be maintained until it can pass the previous ATH price even though you have to wait for an even longer time.
Real Investors don't rush in making their decision but they go through following the plan which is why, whatever happens in the market they keep calm as they believe that the time will come to see Bitcoin rise and hit their target. It is easy, right but wondering why many people are not doing the same is because we usually influence our emotions making no good responses and easily get panic once seeing declines. And this is the reason why the volatility of the market continues but honestly, we gain benefits from this and so do these whales.