What I see here you are suggesting to keep HODL, but honestly, why hold for too long if you already made a profit when the price dropped recently to $75k, and you bought some of them, The price is already increased more than 25% within a month with the current price of $103k. It's a huge profit compared to holding money in the bank, which offers a maximum of 6% APY, which is a yearly and very low profit.
There's no problem with selling Bitcoin if you have already made a profit. Why not sell them and wait again when the price drops to a much cheaper price?
I am not FUD or something influencing other retail traders to sell their holdings, but I just don't want to lose this opportunity while it's still in the 6 figures. Maybe this is the highest price this Q2.
See, this is precisely the (wrong) mindset I am talking about.You are not going to get more profitability trying to time the market than just HODLing, and if you are going to tell me you are I expect you to provide evidence of it, long term, not just one trade.
Or I think you'd better sell the partial amount of your holdings;
Selling partially is OK IMO depending on the situation.
Of course, I can't verify whether the figures are close to reality or not, but supposing the 68.2% more or less reflects the reality of Bitcoin's distribution, it's probably high enough.
All figures are estimates, but they are useful to get an idea. In any case, I don't think you have realized that I am not talking about retail having too much or too little, I am talking about retail selling to institutional, and what institutional is doing is HODLING. MSTR has bought over half a million bitcoins in these 5 years and has sold almost none (sold a minimal part in the past for tax purposes). There are many who are adopting the strategy: buy bitcoin and not sell it, ever, or at least for a very long time.