Always bet on greed, people will hold forever because they want more.
It's hard not to exploit this, and the herd mentality that likes to follow rich people.
Meanwhile, my old friend Michael will sell everything at some point and live happily ever after, while ordinary folks will drown.

Never count the money when you're at the table.
Everyone who wants to get rich instead of pursuing utility and simply using it is being played.
Not once in the whole history of the world has anyone become rich by following the herd or by copying a rich person.

If it is a car? It is not as smart as buying a home but it is still close as long as it is not a luxury car which I consider a liability.
There's nothing wrong with using money to live the life, remember that the most valuable asset is time. You can't buy more of it, and every day you're losing it.
Have fun while you can and don't look back, that's my advice.
Michael will definitely not sell his Bitcoin holdings, nore allowing his company micro strategy to liquidate their Bitcoin reserves, he has become so greedy with Bitcoin since he witnessed a landscape shift in the direction of Bitcoin since 2017 till date, so yeah he hard a change of mind now, but he hasn't apologized to Bitcoin community for his falacy statement way back in 2013.
Bitcoin will definitely do much more than what it has done already, and for that anyone selling at the current all time high is definitely selling at a really cheap price and will regret later when he is unable to buy back in such amount that he sold it, so for that if you don't have any need to sell your Bitcoin, why selling, we can all enjoy the record breaking movement for Bitcoin and the multiple all time high records, but not selling at this point.