Topic 5565493
Investors saw their portfolios as rich as they did at $120K, but now their portfolios are not as rich, so many will be disappointed and decide to sell.

There is no obligation to keep holding Bitcoin in any market situation. You are the one who determines your own investment plan. If you want to sell, just enjoy the profits you have earned. If you sell at a loss, then that is the current consequence. Some who panic may sell now and hope the price drops further, then they can buy in again at a lower price. But those who have been accumulating for a long time might continue to hold Bitcoin even during a bear market.
it is true that nobody will pressure you to sell the bitcoin you are holding. i have seen many people buy bitcoin for the long term and then, after seeing a market dump, get stressed and sell all their bitcoin. that is not holding, that is panic selling. if you buy bitcoin for the long term, you should not sell it until your target is reached.

now most traders do this a lot: when bitcoin’s price starts rising they buy, and when they see it dumping they sell. then when it pumps again they regret it. alt tokens are a different matter, but buying bitcoin and holding it for the long term is better. because when bitcoin mining is finished, i believe bitcoin’s price will not fall much. so it is better to hold until your target is completed.