It might happen overnight, but this is something that will undoubtedly happen, so there are things we can do when it comes to investing in bitcoin, and one of those things is quantity. If you want to enjoy a good profit from bitcoin, you have to have a good quantity and be prepared to wait until the coin appreciates because that is when you will make profit because most people struggle with patience. very plane holders are winners actually because you dont wait you dont win.


and the way things are going, we have to be prepared to comprehend the reality. People's issue is that they don't want to wait, but the circumstances make it difficult for them to do so. For this reason, you need emergency funds while you're waiting, and once everything is in order, you won't be as concerned about wanting to sell because that's what drives people to sell in order to make a profit. and if it is about saving then it is better to save the money in bitcoin than saving it in fiat.

Yes it a lesson that proves that holding long enough in a wallet that's not very safe is a good as having nothing, for the case of the victims, it wasn't their fault cause they felt the wallet was safe since it's a self-custody wallet, although they were the scapegoat but it's made everyone also realise that a self-custody wallet with extra protection is better.
 Atleast people would now see reasons why security is very important in Bitcoin holdingt, many who never cared to be enlightened would be force to learn how secure their coins and others who used a coldcard type wallet would migrate to a safer one.

Holding bitcoin for long term without falling on greed, doubt and panic selling, I can assure you that you'll be safe. But I can't guarantee that you won't be emotional along the way especially when the market is against with your actions and decisions. A lot of bitcoin investors are firm at the beginning but lost their real intention and focus in the long run because of emotions, so they end up losing their investment.