Re: Why You Should Never Sell Your Bitcoins Ever

If there were a hyper inflation fiat crash scenario and bitcoins were 10k 100k or 1 mil. I would still cash out a few provided fiat could still buy products. If everyone accepts bitcoin it doesn't matter.

if you know deeply about bitcoin and think about long term investment you might will keep it forever
nowadays bitcoin shows a promising movement
look at how bitcoin price jumping every year
you should not regret twice when an early adopter experienced in the past still could happened today and tomorrow.

It's all about the trust, the value of bitcoin will increase when the demand increases so basically when people trust it they will put their money in bitcoin and when we invested now, we will certainly enjoy the profit in the future. It's quite risky but your faith will save your investment.

You noticed something very important. Currently, the price goes up because demand is growing. And Bitcoin mining is still going on, so new coins still are coming. (My guess is that a very large part of the miners sells Bitcoin almost everyday to cover the costs.) Think what happens when all Bitcoiny will be extracted (21M) - what happens to demand when supply stops? Wink

I think we should hold BTC at least up to this point.