Today I read about the news of El Salvador bitcoin hodling investment yielding about 40% profit and i had to imagine that 40% in figures in contrast to the amount of dollars El Salvador hold in BTC.
Their investment hasn't yielded anything until they sold it for fiat money - it's only potential gain that they need to take. If Bitcoin will peak at $100k and crash to $35-40k and they would still hodl, they would just sit on a net zero unrealized gain.
It applies to all holders. Most people won't take profits and will have to wait many years for another opportunity to take large profits, even though it's much more profitable to sell during every bull run and buy during ever bear run.