The price of Bitcoin had gone up and I've been hearing people talking about how to sell their Bitcoin as soon as possible if the price of Bitcoin exceed $125k. This is ridiculous on how many are looking for quick profits immediately the price of Bitcoin goes up. We shouldn't be taken away by the force of investing in Bitcoin for the sole reason of cashing out as quick as possible.
Bitcoin is not like the shitcoins we see in the market that are where the teams will be looking for investors they will scam. We should be smart enough that Bitcoin is different and investors shouldn't sell immediately the price went up. That shitty practice can be done with Shitcoins because of the fear of the price crashing since the owners will want to make money from investors by selling half of their holdings making the shittycoins market to depreciate and the shitty investors losing their shitty investment.
Bitcoin is different and we should see it as a real investment not something to make quick profits from when price shoot up. I know some investors are opportunists looking for anything that will give them quick rewards. Bitcoin should be seen as a long term investment only.
Anyone who has been engaging in this thread for quite a long time now, wouldn't be stupid enough to sell off their Bitcoins. And even if they choose to sell some they shouldn't sell all of their Bitcoins because it is absolutely wrong to do so.
What you should so understand is that some folks talking about taking profit are old investors. They must have been holding for years now which is why they decide to take some profits. I think they are smart enough not to completely go out of the market by selling all they've got.
I think most people who have been accumulating for a long time and have gotten to over accumulation stages, would really want to appreciate their profit values, but that doesn’t mean they should sell all their bitcoin assets, because bitcoin should be treated as an important asset.
Well as for newbies they have no business with over accumulation, for someone that is still on accumulation stage shouldn’t even be thinking about profit, the most important priority should be by buying and accumulating bitcoin for a very long term, as people who also want to achieve something big and get to over accumulation stages.