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
Bitcoin is so good and the potential it contains, currently it is not only civil society who are accumulating or investing in bitcoin. However, large countries like America are now very interested in bitcoin and in the Trump era, America will reportedly create bitcoin reserves. So currently bitcoin is not only known by civil society, many large countries are starting to believe in bitcoin. Such as El Salvador, Argentina and Venezuela. And as far as I know, these countries are investing in bitcoin for an unspecified period of time, but basically for the long term. Therefore, we must also continue to accumulate the cold money we have in bitcoin. Because with so many countries that believe in bitcoin, why are we not sure. So buy and hold is a step that we must continue to do.