Patient is one of the key every BTC holders must embrace when waiting for bull market to come, because is a type of season every long and short BTC holders want to see before the end of the year before they can visit the market to sell. I bought BTC early last year when the price was $20k, and the price has taken a good step early this year to hit $30k which is very close to my expectations before I will start selling my BTC to have another opportunity to buy and hold for another bull to come. If you can endure with the current price situation, and hold not to allow any challenges make you to sell in this condition, I guess you will make a huge amount of profits from your holding soon. 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.
It takes many years for Bitcoin to reach a new high price, thus it's safe to assume that's how it happened to reach a new price. Back in the day, not everyone could have imagined that Bitcoin would increase in value from $1,000 to $20,000 following two halving seasons. It all happened, and the people who had the patience to wait benefited greatly from it. Although many believe otherwise, that is the highest price at which bitcoin may be sold ($20k).
One needs to be patient and have a price tag for when to sell their bitcoin for bitcoin in order to be a successful crypto investor. Nobody is to keep their bitcoin forever without ever selling it for a profit and then repurchasing it when the price is low.