It is not a new thing that buying bitcoin for a long term is the key success for an investors who has the understanding of bitcoin investment. And the subject makes.it clear for everyone here. It is to buy and it is to sell. In investment you buy and keep it for the period not time which is still low and once it is up to the time you will like to sell them you sell it and take your profits and this is the time of selling. Even if not all it is better to taste the $99k to the $100k then continue again for another All Time High for a long term investment. Investment should be on stages. And I think this is one of the stages to sell. Though it is not for all but those who like to.
Even though currently the price has almost reached 100K, for some people this price is not the main goal. Because bitcoin investment is an excellent store of value asset, many people who invest in bitcoin are not only looking for fiat profits, but the main factor is that bitcoin is an excellent store of value. So if you are a trader, maybe selling bitcoin right now is quite appropriate. But I won't do that, because I invested in bitcoin for a long time, so selling bitcoin now is the same as ruining my original mission.
Off cause $100k is not the main goal, it's just a new ATH and people were just anticipating to see it hit that amount and this great progress has really moved some people and even drag more attention to Bitcoin. Anyone who understands the potential of Bitcoin and has a big target won't make a mistake of selling there Bitcoin rather they will keep on accumulating and holding because it's really going to take anyone who sells his or her Bitcoin time to accumulate that same amount
You are not far from the truth, Bitcoin hitting $100k is not as if we have come to it's price peak but it's just like a milestone that many Bitcoin investors want to reach in order to have that feelings of optimism that the price will even break more ATHs no matter the time it comes and from the kind of news and excitement it will cause on the Internet when the price hits $100k will even cause a lot of investors who didn't give bitcoin any thought to consider coming back to invest and from the inflows that will enter the market, that is how to price will skyrocket above the $100k price mark. $100k is just like a stepping stone to greater achievements in our journey of Bitcoin adoption processes so it's not like if it is achieved that our target has been met, besides we are even anticipating the price to skyrocket and grow more in values.
I know that some investors who have been HODLing for a long time now may want to consider selling part of their Bitcoin to take some profits from their investments when the price reaches $100k, but it all depends on when and how they feel about their investments so far and if they have gotten a good amount of Bitcoins in their portfolios. But even if some investors sell their Bitcoins, their will be more investors who will prefer to buy more Bitcoins and HODL.