Throwing in the towel is a product of how many bitcoin cycles you have been a part of.

Propensity to throw in the towel:

0 cycles: High propensity, desperate to "catch up" and no understanding of hodling
1 cycle: Medium propensity, you remember getting a 3x return, somewhat fearful that history won't repeat itself
2 cycle: Low propensity, you have seen an order of magnitude expansion of your wealth, good things can happen
3+ cycle: No propensity, you have seen it all, bitcoin don't care how you feel, life is good