People always trying to make the most, hence even you've earn $2K from $100, but you actually have the opportunity to earn $10K, people will see you're making mistake. Most people aren't satisfied with the thing they get/earn, they always regret and make imagination.
The German Government might not maximize the return by holding Bitcoin, but what if the money they get are used for invest in something that grows bigger than Bitcoin? no one knows.
There are some things that you will see people talk about and one will think maybe they don’t consider human nature, I continue to say this there is nothing ever wrong in taking profit, at least your only regret will be not making more rather than losing. When a price reacts positively after sells some investors actually start calling for sellers to have hodl and saying they could have made more, without actually thinking maybe they might have made profit already by selling at that price.
For example the selling of the bitcoin by a state part of Germany might have even be in huge profit because we don’t even know at what price they held the coin, it could be well below $20k and $55k was definitely a good price to sell. More so I don’t think sells of bitcoin like this shouldn’t even generate news like holding because it was reported to be a seized asset so they can’t simply hold the coin and reason for the immediate sells, you can’t tell me the state government weren’t aware of the potential of bitcoin and would have decided to stay.
Regardless of all this bitcoin is definitely going to pump and at any point we sell bitcoin that price will one day be a low price of bitcoin due to it’s potential but that shouldn’t affect your target