What thing I've leant from this comment is to be long sighted when it comes to Bitcoin , many of us investing in Bitcoin are short sighted about it, Bitcoin has the power to live and become as old as gold is, think of what the value of Bitcoin would by the time it becomes 50 years old , 100 years old, 200 years old and even more with a limited supply of 21 million coins? Many of us are investing in Bitcoin with a mindset like "let's have our own slice of the cake as quick as possible before Bitcoin disappears in a few years to come", what an error 🙃..
Freely chip in your thoughts/contributions .
Most people's salary or income is barely enough to live on. And these people want more. It is their right to ask for it. But when there are no more jobs or higher salary options left, all that's left is to invest. This brings us to the answer to your question. People want good things to happen immediately or in the short term, not in the very long term. That's why they can't keep Bitcoin or other cryptocurrencies in their wallets for very long. Now they sell their crypto and try to live that life as soon as they get a chance to live a little better than theirs.
We don't know how long our lives will last. We know that some cryptocurrencies will reach very high levels in 10 years, but we do not know if we will live 10 years. For this reason, investors' long or short-term investment preferences will always be different. Everyone lives their own preferences.