Patience is a very good virtue in all aspects of life. However, in my personal opinion, patience in investing is a bit different, especially in emerging markets like cryptocurrency.

In investing, if you choose the wrong type of asset, your patience can lead to very tragic results when you cannot flexibly exit before it is too late. With Bitcoin, everything has gradually become clearer as it is being recognized by the world as a valuable asset. Many people, I think, cannot be patient in holding Bitcoin largely because they do not understand its value in the long-term future, still viewing it as a type of speculation rather than investment.

Therefore, whether an ordinary person can hold Bitcoin long-term depends on more factors than rich people. With rich people, they view it as an asset that stores value and there is no need to sell it because short-term profits may not be important to them, their purpose is just to preserve their assets in the long term. As for ordinary people facing financial problems, short-term profits may be what makes them think, so selling Bitcoin in the short term is understandable.