/biz/ - Business & Finance

I have to ask because I'm legitimately confused about this.
>Hold the line!
>I'm not selling at 350 because the rest of reddit isn't
Ok let's assume this is fairy land and it just continues to go up in price
>500
>Don't sell bros, it'll go higher!
>700
>Stop selling bros, it'll go higher!
>1000
>NOBODY SELL, IT'S GONNA KEEP GOING!
Did anyone actually fucking think about this on reddit? If the only thing keeping the price high is not selling, then, by necessity, 90% of the wsb and biz community who 'held the line' would end up losing in the end as the 10% who weren't retards realized eventually everyone would sell and it would become worthless.

Did anyone on either of these sites really believe they'd crest $1000 a share and be lucky enough to sell in time? It's literally the most basic principle of the market that if you don't sell, someone else would have. Is it naïvety? I'm struggling to grasp how anyone can still think this is a result of anything other than the immortal stock market prisoner's dilemma in action.