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One should not ever sell Bitcoin, because it's a deflationary coin. Circulating Bitcoin is just lowering its value.
by ddalex 6y ago
One should not ever sell Bitcoin, because it's a deflationary coin. Circulating Bitcoin is just lowering its value.
- thepete2 6y agoOnly if you assume that demand cannot go down.
- thaumasiotes 6y agoExcept of course that if you never sell it, its value has magically dropped all the way to zero, which is even lower than the value you would have gotten from selling it.
- estaseuropano 6y agoWell either you sell it someday or it doesn't have any useful value. Also this logic only applies if you assume there's no crash down the line.