Resell, perhaps, but it all depends on the level of taxation in your country. If the tax rate is 30% like in France, while it's zero in Germany after a year of ownership for an individual (unless I'm mistaken), that changes the situation a bit...

Now, in fact, it is essential that bitcoins change hands regularly through the resale or purchase of goods, otherwise it will no longer have any interest and will simply die.

The reality is these people saying that you should keep holding are taking advantage of the market, they are not doing what they are preaching, they advice the world to keep buying and holding for long term and they instead sell when the price is very high and wait for some retracement and buy back.

Blackrock goes the ETF route to get more funds, there is nothing more about buying and holding Bitcoin than making more money, instead some people are stupid enough to believe that they are doing the world a favour, some think they are trying to make others rich.

Even Trump supported the motion, he is here for the piece of the pie, he knows how much can be printed from Bitcoin and crypto in general, the wise ones have already stopped fooling themselves, no one is helping anyone to get rich but themselves.

I don't mind if people sell or buy. Because for every action that they do, we also have our own take that we should be concerned with. While them, they probably don't mind if the others are also going to sell. But it's true that the coins sold are going back in circulation but the problem is, the institutions are the ones that buys them back and even more. If these institutions are the ones that will get all of the Bitcoins in the circulation, we might have problem in the future of how influential they will be.

Why listen to what everyone says? Do what you think is right/profitable for you.

No matter how long you try to artificially rush the "horse", but if the horse is exhausted, then no matter how much you kick it, it will not gallop faster. The rally will last exactly as long as the market has enough fervor.

Your question is similar to the classic glass of water question: is the glass half full or half empty?

Whatever the approach, people are selling, not buying, which means they are getting rid of this asset. It doesn't matter what it is connected with, a lack of faith in future growth or a desire to make a profit. The fact remains a fact.

In order for coins to return to circulation, bitcoin should be used as a means of payment (as was intended), and not lie as ballast on investors' wallets (as is happening now).