I stumbled upon this from a news channel on Telegram this morning and I was wondering why a wealthy country as Germany would be making such Bitcoin investment errors, the thoughts that ran through my head was, don't they got experts to advise them on financial issues concerning Bitcoin, haven't they been following the previous circles to see that Bitcoin is more bullish during this period, then my conclusions was that maybe their financial experts are not competent, I might be wrong though cause they may have their reasons for taking profits after Bitcoin surged to that amount then. Anyways this should serve as a lesson to our country men who are not disciplined enough to resist taking profit at any upsurge they come across, Bitcoin investment is for long-term purpose and their's more to profit in future if only you follow according to the concepts of Bitcoin investment, everyone should emulate Micro Strategy and keep holding and buying more instead of taking profits you could see how much they would've gained in their portfolio if they were more patient enough, Donald Trump even made a statement during his campaign days that upon his return to power, he make U.S the country with the highest Bitcoin reserve and hold for the future that's to say he understands that Bitcoin investment is for long-term goals and not something you invest to take profits over any rise in price.
Everyone may have personal reasons or goals when it comes to investing. I don't care too much about why the German government sold their investment at the time worth $54k. Maybe they were profiting then or they had some inner need.
I don't think at all that this is the incompetence of their financial experts. They would have had no choice but to sell this investment in Bitcoin, which is why they are forced to sell the investment.
For me investment objective should be long term. Investments of less than 4 years or short term investments I consider as trades. One's goals in long-term investing may be different, of course. Some decide to sell their investment depending on the profit and some prefer to hold and manage their investment for a certain cycle. But when a person sells the investment is his freedom. We can certainly learn from such incidents.