Most people have plan , target but at the end they will endup selling their bitcoin very early. The reason is that most of them don't actually have trust and patience when it comes to investing in bitcoin. The moment one trust in Bitcoin and believe that Bitcoin ain't gonna let him down he or she have already started in a good way . Like for instance back then the reasons I normally sell in losses where due to fear that whenever a dip occurs it may not rise back , due to the knowledge I have Back then but now when am holding I don't show any fear , most time when there's dip I just focus in accumulating more because I believe it's Bitcoin and it's going to surge more .
What makes us have to hold bitcoin longer is our confidence in the investment we make. If you sell early it means you don't have confidence in the investment you made.
Quite simply, successful people are those who are patient with the time they spend investing. There are no worries in their minds and that is what makes an investor said to have high loyalty in the investments they make.
In this strategy, of course we have to look at our initial plan because if we use cold money in investing, of course it won't be a burden on our minds. So why sell it early if we don't need the money, because our finances are sufficient with the allocation we set aside before we invest.
Indeed, sometimes someone buys BTC in large amounts and they are still beginners so they don't have a strong stance in what they have done. Yes, in essence true holders will hold bitcoin until they are satisfied with their btc holdings.