I had several friends that sold before it recovered and all of them have huge regrets. I have waited for that recovery and I hoarded even though it reached a all-time-high and then I sold with the next recovery... I made almost 800% profit on those coins.
Sure, three or four years really isn't that long in the grand scheme of things. But when you've got skin in the game with Bitcoin, watching and waiting for it to hit new highs can truly feel endless. Your friends are flipping out, selling at the first sign of a dip. You? You're clinging to those coins like a barnacle on a ships hull hoping your day will come. And it did! 800% returns ain't too shabby. but let's be real, it takes some serious guts (and maybe a little stubbornness) to watch your investment tank and not panic sell. No doubt about it. Most folks can't handle that level of pressure without having a full meltdown.