Yep. I am not really sure how any of us can make sure that we have the right mindset because it can become quite tempting to sell and to take some profits, and the guy may have had sold the 28.5 bitcoin with around 2x profits.. so he was selling out of profits since maybe he bought the coins at $350 or less... then at the same time, he just took for granted the significance of his having had accumulated that many coins...
And currently we have guys who may have had bought a lot of coins in the $17k to $35k prices through 2022 and 2023, so they might not even realize how valuable it is merely to have had accumulated so many bitcoin at those prices, and so some of them were selling their bitcoin at around $100k, so they ended up getting 3x and 4x profits, but then they are never going to be able to accumulate the quantity of bitcoin that they were able to accumulate in 2022 and 2023 for the amount of dollars that they put into their investment.
We have seen that so many times in bitcoin, and guys are not able to come even close to buying back the quantity of coins that they ended up selling, and they don't realize how difficult it will be to get that quantity of coins in the future.
It is hard to see while we are in the midst of the price, and even our current prices could well end up being really good when it comes to a few years down the road, and even 5-10 years down the road, and right now we can accumulate as much bitcoin that we want at the current $117k-ish prices.
To jump into this discussion this is the exact reason why I think we need to actually time our taking of profit so well, I have recently been in argument multiple times that one shouldn’t be taking profit simply because they want to buy back because there is a tendency that bitcoin might not even re visit that price again. For example even if it is not realistic now bitcoin might get Above $200k this year and probably not visit this $117k again even if the dip comes that means people who sold just to buy Back might be getting lesser quantity with the price.
As for taking of profit, I think everyone will definitely have a sign of little regrets after taking profit because bitcoin will definitely continue to move up so the decision to take profit should be for something worth while not unnecessary spending