Be careful, never sell bitcoins because someone is greedy for money because the price of bitcoins has increased. Learn to buy bitcoins, not sell them.
I don't think someone would want to sell their bitcoin at this time just because they are greedy for money when they are fully aware that the Bitcoin that they are holding can give them profits in the future.
Anyone that you see who sells their bitcoin now is doing it for financial reasons and not for greed. I can't have an urgent need of money and you expect me not to sell my bitcoin so that I won't appear greedy, whereby I know that I can buy bitcoin back at any time I have the money to.
This is not greed because you are using the money for something important to you, and it makes no sense to have a lot of money invested and still live an uncomfortable life, possibly borrowing to satisfy your desires. People are advised to invest what they do not want to use right now because of scenarios like this. By doing so, you’ll have a separate savings for urgent needs while making this investment a last option resort. If you have all of this in place, your investment will be safer and will only be withdrawn when you have maximised, taken a lot of profits.
Yes I agree with you that many Bitcoin investors lacks patience
When it comes to holding Bitcoin. But I think every investor has his or her greed level. There are people who bought Bitcoin when it dip to $15k earlier this year and set a target that they will sell at $25k while others set a target to sell at $35k. It now becomes difficult for them to keep their Bitcoin once they price enter that region. It's just just a normal thing for short term Holders.
Short-term investors should be prepared to take advantage of the upcoming bull run; even if they purchased at a lower price, the price movement does not indicate that they should sell now. But holding for a long time is required to come with a prepared market mindset. If short-term investors do not have that mindset, they will always take profit when prices reach their desired targets and exit the market immediately. Perhaps this is referred to as risk management, though the risk in bitcoin is already minimal if you are willing to hold for a long time.