After reading several posts on this forum many people seem to think that Bitcoin will always go up. If this were to be the case, why would people spend Bitcoin at all? In this theoretical time, wouldn't it just be a poor financial decision to do?
You have the point but not all people have different stories and different status in life, there are investors that is already rich and there are also who is not that rich enough to hold their assets in long term.
Well, not all of the people who are in the crypto world has already enough money to sustain their daily lives, there are also some people who is only newbie in the crypto world and they don't have enough source of income to invest their bitcoin so whenever they needed money they will just sell their assets just to support those needs.