Why Would Anyone Ever Sell Bitcoin if They Truly Understand It?

I’ve been diving deep into Bitcoin lately, trying to wrap my head around all the aspects of it. There’s something that’s been on my mind, and I’d love to get some thoughts on it.

From what I’ve gathered, if someone really takes the time to study Bitcoin and actually understands it, they would never want to sell it. The reasoning seems to be that Bitcoin has a fixed supply, unlike other assets that can have significant increases in supply, which should theoretically make Bitcoin more valuable over time.

So, here’s my question: If Bitcoin is going to keep going up in value, why would anyone who truly understands it ever sell?

It seems like the more you understand Bitcoin, the more you’d want to hold onto it indefinitely. But people do sell, even long-term holders. Is there something I’m missing? Are there situations where selling would actually make sense, even if you believe in Bitcoin’s long-term potential?

Looking forward to hearing your perspectives! Thanks in advance :blush: :blush:

Your reasoning makes sense.Bitcoin’s fixed supply does suggest long-term value appreciation, but selling can still make sense in certain situations. Some people sell to diversify their investments, cover personal expenses, or rebalance their portfolios. Others may need liquidity or see better opportunities elsewhere. Holding indefinitely isn’t always practical, even if you believe in its potential.

If the market’s tanking and an investor’s worried about losing even more, they might just sell to stop the bleeding. :wink:

It has a golden hue. however uninsured. very challenging to borrow against. You may also be able to withdraw some money if you invested a few hundred to seventy thousand years ago and it is currently worth several hundred thousand.