Experience could be one factor to facilitate one's decision to continue holding their investment, some people are easily moved with a slight increase in the price of Bitcoin and can as well be tempted not just new investors even those who had long stayed in the system and have not yet understand the power of long term holding, so it goes more with the mindset, we are clearly expected to open our mind and accept the fact that during our Bitcoin accumulation it is expected of us to generate the mindset of long term holding and abstain from unnecessary sell pressure.
An investor should have his mind on a long term investment plan, before he venture into investing in bitcoin. He can achieve this by having a bitcoin target as his goal, so that this will keep him more focus and consistent on his bitcoin accumulation. Since he has that on his mind, he will not think of selling when he sees a little profit from the price of bitcoin, because he has not reached his bitcoin target.
Show me an investor without targets and goals and i will show you an investor that will surely lose in his investment. We have small and big investors in bitcoin investment. The big investors are the investors that can afford to buy a whole of bitcoin, so if they buy one or more bitcoins, they focus more on protecting their portfolios by avoiding significant risk to make profit. While for the small investors their focus is to accumulate as much, they can within a schedule time frame that they gave themselves and they will be more affected if they carelessly take any risk of selling little or trading with their portfolio. Any loss they experience will cost them a lot and will extend their targeted period.
What am saying in conclusion is that the wealthy people don't need Bitcoin to get rich. And they probably don't focus on setting a target for investment. But they are masters when it comes to long term investment. There main intentions are to buy enough bitcoin so that they can maintain their level of wealth or double it no matter what happens.