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Why more and more crypto owners plan never to sell

Richard de Sousa, CEO of AltCoinTrader, explains the logic of those who say they will never sell their cryptos, but rather use them as collateral for loans.

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Great interview. Thanks.

Would be great if the regulation thing can get some direction and be implemented.

I just buy cypto to hodl for now just to be in the market but it would be great to stake some at the same time.

I am reluctant to do that as the declaration to the taxman would be a nightmare. No certificates from exchanges so the tax payer has to get that all sorted out.

If it keeps dragging out or comes out as an anc mess it might be worth starting to look offshore to be able to participate, trade and invest in the crypto space. Europe seems to be the furthest along regarding regulation that allows proper participation.

They never plan to sell because in the near future there won’t be any buyers and the price will be zero

I doubt. People has been saying this for the past 10-12 years and it has not happen yet. Crypto is getting more and more entangled in banks, large companies, etc. that it becomes progressively more difficult to uproot it (even if the willpower exists). Therefore it is getting strong and stronger and the probability of it to go to zero is exponentially getting less and less.

Like no other big institutions went bust before?
Until there’s a proven use/value case buying it is a gamble. Plains and simple.

These old people dont know what they are doing

If they are targeting people as criminals and criminals are what they want. Then its criminals they will get. And future politicians.

All I know is for now you are a target. Is this hunting or war?

End of comments.

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