This is about the German government and their bitcoin investment, which shows how they had invested about 50,000 bitcoin and sold while the market was at $55,000.
We need to clarify that the German government has never invested in bitcoin, they got those bitcoins through confiscation from a pirated movie website called Movie2k in January 2024.
Plus, they sell bitcoins because they need to comply with the legal process of country. According to German government law, assets confiscated from criminal cases, regardless of the type of asset, must be sold after a certain period of time.
By the way, I support the idea of holding long term because it will give us better returns, but it would be a bad idea if someone intends to hold forever and never sell bitcoins.