I will be honest until a few years ago, I did not really understand what “never sell your Bitcoin” meant. I thought the point was simply that you should never sell Bitcoin because its exchange rate would keep rising. Why sell something that is gaining purchasing power
But when I started spending time with Bitcoiners, attending Bitcoin meetups, and reading books from the Austrian School of economics, I realized that this was not the real point. That is when I finally understood why Bitcoiners say: “Never sell your Bitcoin.”
Do you truly understand why Bitcoiners say, “Never sell your Bitcoin”?
I treat Bitcoin as an investment. I have a target, a goal in mind. When you treat Bitcoin as an investment with a goal, you definitely won't just sell your Bitcoin.
I feel not selling your Bitcoin is about accumulating always. DCAing until you hit your target. Even when you sell, sell a fraction, and buy again. But first build your portfolio to a point where selling a fraction is actually a big deal. What I mean is, selling 1% of your portfolio will give you a significant amount, and keep buying whenever you have the chance. That's what I think not selling your Bitcoin probably is.