Never sell BTC Recently read a lot of blog forums I found a lot of enthusiasts are discussing never sell BTC on this topic I can only remain a certain doubt although BTC is currently high price has its corresponding value
But why do people say never buy?
Your questions shows you are obviously new to bitcoin and not just in the forum.
Alot of bitcoin enthusiasts uses the word never sell bitcoin because of the obvious love for bitcoin, if you have know bitcoin for years now or read more about it you would find out that people who held bitcoin from the onset has never for once regretted their actions and are still hodling till date yet bitcoin continues to appreciate in price. If you hold an assets and it doesn't fall you and you know it has a very long life spam that you might not meet the end would you ever sell such an asset? Of course No!
So see bitcoin lovers like me say never to sell bitcoin you should be celebrating such at because it took people a lot to hodl their bitcoins up till now, even with issues like Ban, Bear market, FUDs and SEC regulations yet they made it out to hodl till date they are worthy of celebration buddy! You can visit the Bitcoin Wall Observer thread and see how some forum member have been holding and the word never does seize from them because they understand what bitcoin is and values it.
I think this is because the number of btc has something to do with the fact that we all know that it was issued a total of 210 million and now there are very few of them that have been mined. This is not a hole in the sky and the last halving in 2028, maybe btc has been fully excavated
Firstly, bitcoin is 21 million limited and not 210 million[1]
I don't know where you got all this information but bitcoin will be fully mined in the year 2140[2], So bitcoin last halving is not going to be in 2028. Additionally, over 19.5 million bitcoin has been mined, we have less than 1.5 million bitcoins to be created because of some lost coins and the rest issues that resulted to less than 1.5 million remaining [3]
Based on the current value of btc, it does have a certain amount of collectible value and will be even more valuable when it is fully mined
This is probably why people say they will never sell BTC
But where is the value of BTC in the absence of trading?
Bitcoin is not just an asset. It's an alternative means of payment but it's volatile nature has made it an opportunity for people to make profit from it. The whole scenario of bitcoin price increasing day after day, year after years has made it become a store of value which is another reason why people prefer to hold bitcoin forever than hold a fiat currency that deprecates in value as time goes on.
So what you are saying in essence is with bitcoin being traded it doesn't have any value? Then you still have more readings to do mate.
If you have 10 gold bars and you don't sell them in your lifetime and you exchange them for the things you need to live on and you pass them on to the next generation that's an inheritance of culture rather than a manifestation of value
We can understand and learn the culture of BTC and even develop it again. However, as a virtual currency, BTC is valuable and meaningful only when it begins to circulate, rather than being placed in the home like an old antique for future generations to admire
It's only valuable if it's in circulation. Isn't that what you have in your BTC?
For over years now, even as a newbie in this forum and crypto space, I have read several articles and seen videos of where bitcoin is used every day as a means of payments which is one of its reasons for been created.
So bitcoin is every day in circulation, if it's not in circulation then there will be no market cap for it. There is a thread by @JayJuangee where he teaches a sustainable withdrawal method for bitcoin investment, the contest of his thread is for hodlers who are never going to sell their bitcoin in the nearest years but rather take profit for vacation and the rest of enjoyment you can think of [4].
[1] [2] [3]
https://www.blockchain-council.org/cryptocurrency/how-many-bitcoins-are-left/#:~:text=Bitcoin%20Market%20Cap%3A%20There%20is,total%20cap%20of%2021%20million.&text=Currently%2C%20over%2019%20million%20bitcoins,million%20left%20to%20be%20mined. Or
https://www.investopedia.com/tech/what-happens-bitcoin-after-21-million-mined/[4]
JJG's Bitcoin Investment Ideas (Sustainable Withdrawal / Portfolio Maintenance)