Never selling a stock is not reasonable to me.
Sometimes, though, in some circumstances, not spending is reasonable.
I am at the season in life where I no longer acquire things. I'm shedding them.
I hope to leave the Hive account for my son. He opened the account for me. Talked my into joining.
I'd like my money to grow, including my Hive account, but I'm not going to put anything at risk.
In the 2008 crash I lost a large portion of my investment because I bought Icelandic bonds, just before the crash. Then I invested in something called dcode Genetics. That went belly up, only to open shortly after with the principals intact. My account was worth $0.
No more risk for me:) I'd like to preserve as much as I can for my kids.
I'd willing to learn, though. My son dabbles and it scares me.
Lot's of moving pieces so I think it makes sense to be worried. I would just encourage him to stay humble and remember his role in the market. When people try to punch above their weight or have delusions of grandeur that is when mistakes get really expensive.
Also, not everyone has the same risk tolerance so not all investing strategies make sense for everyone.
Preservation of capital is a good strategy and works for a lot of people.
Goodluck!