But people do spend their coins. I spend bitcoin several times a week. There are people who receive their salary I'm bitcoin, and so have no choice but to spend large amounts of their coins. The number of merchants accepting bitcoin is growing. Why would bitcoin credit card cards and payment processors even exist if there was zero demand for them? Just because you don't want to spend your coins (which is fine - totally your choice), doesn't mean everyone else shares that view.

Adoption is what drives growth. Without adoption, there is only baseless speculation. Speculating gives surges to $20k, sure, but it also gives huge drops to $3k. Adoption gives sustainable proce growth. Once adoption grows enough, the price will stabilise, and holders like yourself will be more likely to start using bitcoin as it was intended - as a currency.