Many investors tend to withdraw their investments during bullish periods, but the diversity of investors in bitcoin is remarkable. But now that the high price trend is withdrawing some amount of bitcoin, how can the decision to fix the purchase target during the next bearish season? Although I would mostly not make a sell decision and wait until the high price of $100k or so. Investing in bitcoin can provide a lot of psychological peace of mind which is not the case with any other investment.
You should definitely choose holding because if you analyze the price chart of BTC for the past few months you can clearly understand that the bullish period is going on now and it is expected to touch $100k within this year. However, no one guarantees you a price increase. However, if you have disposable income and floating cash, it is advisable to continue your holdings. It is recommended that you continue to focus more on increasing your stash while accumulating more Bitcoins using the DCA method.
A long term accumulation process of 4-10 years can earn you multiples and the decision to sell BTC at this time can be a source of regret later, so HOLD Bitcoin.
As an example, in addition to the OP's post, this company is MicroStrategy; they have the largest amount of bitcoins of any country in the world, which is worth $14 billion . In the same way, you can pay attention to the fact that many Bitcoin holders at this time also expect profits and do not sell Bitcoins, which suggests that anyone who correctly understands the value of investing in Bitcoin will always win.
As of last February-24, Galaxy Digital also holding approximately $913 million worth and Tesla holding approximately $547 million worth BTC and are constantly increasing their stash by value. El Salvador's president Nayib Bukele also continues to hold BTC with that country's holdings currently worth at roughly $354 million.
Also many more institutions feel more comfortable to continue holding because they know that the price of BTC is likely to skyrocket in the future.
Please correct me any mistake you think.