It is correct, bitcoin need to be spend, bitcoin need to be circulated so it can become stronger and more stable, most of us suggest to hold in a bad situation, in the bearish market, we always suggest to hold to prevent deeper lost,  we are expecting bitcoin to be currency, but in reality its more famous as an asset, and I don't mind it being used as an asset because there are not a lot of place that can used bitcoin for payment and we need the transaction volume, so bitcoin also depends on trading volume to survive