If bitcoin happens to reach $600,000 , I know say many person go rush sell there bitcoin. But e get people wey go sell all there coins without looking back morespecially those that have been holding for more than 10yrs and whales . Then go like take profits because this amount could be life changing some people fit decide to sell a fraction to meet up with there daily needs and hold the remaining one.
However, those people wey be strong long term holders may not even sell a fraction of there holding. If bitcoin don reach this level, e go dey accepted as a strong store of value globally and some holders fit just want hold and pass there bitcoin to there children in form of generational wealth instead of then converting it to money.
The question I want asked be say at $600,000 dollars will you see bitcoin as it has reached it's peak or still on its way to it's peak
The truth of the matter for this side wey I just highlight be say, e no get any extend or any particular amount way bitcoin fit reach way real investors way dey the game go see am as if bitcoin don reach em peak, people way want still dey hold their coins go still dey hold and their are some other people way go wan sell smaller portion to carry do one or two as well it all depends on you as a person.
In conclusions, real investors with long-term plan are not moved to sell regardless the increase over time, all they care is holding on to their investment till the end.