There is no way to say that all holders are holding with a strong hand. Many are not in a favorable financial situation or have to sell some of their Bitcoin for various reasons. It completely depends on their situation. If someone is holding Bitcoin for the long term only, they will not be encouraged to sell Bitcoin easily. Not everyone is successful in holding. There are many people who do not have general knowldge holding of bitcoin advantage and may have tried to hold a small amount of Bitcoin, later they were encouraged to resell that Bitcoin for a small profit.
I do not wish to keep anyone in bondage when it comes to selling Bitcoin. If someone has already been able to hold their investment for 10 years or more, they may take a small profit from it, and I believe it should be left to their personal freedom. However, if a new investor is inclined to sell their investment early or their earnings are not reliable enough for investment, I would advise them to look for a reliable source of income or alternative income sources. If you ignore reliable income sources and start investing, you may not be able to sustain your investment for the long term.
The first condition for investment is having a reliable income source or an alternative income source. If you plan to invest against this condition, unforeseen expenses or emergency situations will hinder your ability to succeed in the investment or prevent you from maintaining it over time.
If an early-stage investor is forced to sell their investment or does so due to circumstances, I would say there was a flaw in their planning. I do not wish to comment on selling investments, but I am talking about making sure no one is forced to sell their investment. Once again, after holding for a long time, if someone wants to sell a part of their investment to enjoy the profits or to invest in real estate, it is their personal choice. However, I cannot view the sale of an investment positively if it is due to improper planning.
A new investor must be aware of the basic aspects. Before starting the investment, one should ensure a reliable income source or alternative income source and make long-term plans. After starting the investment, one should acquire knowledge about Bitcoin and investing, and prepare an emergency fund, reserve fund, and sufficient cash flow. After that, depending on your situation, you can add more strategies.