This is true, there is never a regret in selling except you sold at a loss but every profit is a profit. I see many posts of now actually look into this guys in the past and then think that they were dumb to actually have sold then but I bet you 90% of the current investors wouldn’t have been able to hodl their bitcoins too because the prices will actually have triggered their emotions plus how many people did believe that bitcoin would actually survive till now?

The same way we called out those who sold when the prices were just cents will be same way we will be laughed or questioned about selling around the highs we have when bitcoin probably does a 5x to 10x in the future. So I don’t see anything wrong in those who sold that early, it would have taken a firm believer to have actually bought and held for that long

Selling 1,700 Bitcoin at $0.30 made perfect sense at the time, as Bitcoin had no established value back then and there were no exchanges trading it widely. At the time, the majority of people bought Bitcoin merely to experiment or for other reasons, after all, no one knew then what Bitcoin would become ten years later. Just imagine, the rise to $8 back then left Greg Schoen full of regret; I can't even picture the look on his face when he sees that the price has now reached tens of thousands of dollars. think that’s the reason he kept posting those tweet up until 2022 because the wound of "selling too early" never healed.
Nevertheless, Greg Schoen decision at the time was highly rational, yet we can draw a valuable lesson from the incident. Instill in yourself the mindset that the goal of investing in Bitcoin isn't necessarily to sell at the absolute peak, but rather to avoid the regret of selling everything too soon.

Those who sold their Bitcoins at the beginning of Bitcoin and could not hold them when the price increased slightly are regretting it like a heart attack today. The holder who sold his 1,700 Bitcoins for just 30 cents made a profit of almost five times that moment, but he later regretted it when the price hit $8. If you think about it now, there is no limit to his regret. If he could have kept 1,700 Bitcoins at this moment, he would have become a multi-billionaire at this moment. In other words, time has shown that the longer those who have been able to hold Bitcoins, the more they have benefited. Bitcoin is actually a coin suitable for long-term holding and those who can hold it for this period will be the gainers in the future.

When people who sold look back at the price they sold at and compare it with the current price naturally they should feel bad but regretting your actions of selling means their decision was greatly influenced by profits that's why they are pained seeing they could have earned more if they had hold on a little longer.

As long as you are well convinced about your decision to sell then what happens in the future shouldn't be your concern, your concern should be making the best out of the money you bagged and looking to invest ahead of the future.

No one actually expected Bitcoin price to move as fast as this and so even if they were to be taken back in time they'd still not hold on this long, they will eventually sell at some point.

Those people who sold their Bitcoin early never knew that the price of Bitcoin would go as high as this in such a short time. If they had known, they might not have taken such action by selling it early.In the early stages of Bitcoin, most people who were holding Bitcoin were just holding it for for different reasons, but I don't think particularly as an investment. So, even when they were holding it and the price of Bitcoin increased, they simply sold it because they see it as opportunity. But as far as they sold it for a profit, I don't expect them to regret their actions because they may have had their reasons for doing so.those who are more likely to regret their actions are those sold their Bitcoin at lose. The point is that we cannot all be perfect. Some people have to make mistakes and others will learn from those mistakes.

In fact, there are some people who did not sell their Bitcoin early and kept holding it for the long term, but when the price became higher, they could no longer find their seed phrase. That is how they lost Bitcoin that may have been worth millions of dollars.So, those who sold their Bitcoin early may think that it was a bad decision, but I feel it was not necessarily a bad decision because they had their reasons for doing so. Their decision may have been a very good one at that particular period base on their level of knowledge, but later, things changed and made it look like a bad decision.Sometimes a decision that seems bad today may have been the right decision based on the information someone had at the time.

He regretted that he could not sell it $8, but look where it is now. I have seen many more people like him. They might not have thousands of bitcoins like him, but they had good amounts of Bitcoin 10 years ago and traded them in the short term for small profits. Now they also regret not holding them instead of trading them for small profits.

This has changed the psychology of a lot of people. After these incidents, a lot of scammers have started claiming that their coin is the next Bitcoin. They make people think that if they don't hold it, even though it wouldn't cost them much to hold it, they could miss out on the same opportunity that early Bitcoin sellers missed.

So people buy their shit and hold a token that is essentially nothing but a lie.

Anyway, this person is a legend. Whether his story is real or not, it is a huge lesson for people who still think Bitcoin is expensive, but I don't think it is.

Haha, Bro there are literally countless stories like this one that you can find on the internet because it is full of such stories. Anyways, just think about this: he is regretting it when it reached only $8 and what his mental health would be right now. When Bitcoin reached $127k in the recent bull season. Have you checked this person's profile? If he is still alive, he must be weeping in the corner, haha.

Yeah, we know the history of Bitcoin, that showed that it has been increasing its market capital over time after each halving period again and again. So if anyone is buying Bitcoin these days, then, from my point of view, holding bitcoin really worth it for the next ten years. Till then, we can get the chance of almost two halving cycles, and the chances are really higher bitcoin will gain a lot till that time. DYOR!

It pays to hold than to sell, as long as you are not going to hold on a centralized exchange, holding your bitcoin on a non-custodial wallet is a perfect choice, while even if you decided to sell, consider not selling at loss, you have to be able to release for selling when you are already profitable with your investment in Bitcoin, this is why so many people tends to hold and achieve their maximum profitability before deciding on selling.

We can't really tell if the price of Bitcoin would continue to rise or drop because of volatility and an investor with this knowledge of the market knows that it is only right to sell at the duration you have set, at the exact price of the market you envision because of the potential of the price rising and until this is achieved, why sell?

Even if an early investor sells their holdings at a wrong time, it is never  too late to start again to accumulate, so I see no reason why the example of the person OP cited is a concern, knowing fully well that the market is still open and profit can still be made in the future from holding more Bitcoin from today.