Topic: Why do I need not to give up my bitcoins? How does that going to benefit in the - page 2. (Read 573 times)
March 14, 2018, 11:03:31 AM
it depend on you, if you feel desperate you can sell your coin right now but if you still hope to get a lot of profit of course you should patience and wait until the price rising again. up and down bitcoin price are common and that is a risk we must accept when we invest in bitcoin.
March 14, 2018, 10:33:54 AM
Do not be too confident and do not be too desperate. All just a game market. and depending on you how you'll believe your bitcoin is preparing a big surprise. if you're in doubt, you can take off at any time
That's true, it really depends on a person on how he truly believes on bitcoin. The market is like a rollercoaster if you dont know how to ride definitely you will lose. By selling now it may lose your money so better learned the market well before making any decisions. March 14, 2018, 10:33:25 AM
Holding will keep the price of bitcoin high as no one is selling so the supply will be scarce and the price will increase as the demand rises. If you think of it this way, if everyone in the world will stop selling bitcoin, people who wants it will pay top dollars to get it.
March 14, 2018, 10:24:15 AM
There's none. At least not a granted one becouse there's nothing that says for sure that bitcoin will be the great cripto forever. Bitcoin is a pioneer and that's what hold him dear with the commynity, otherwise better criptos would already had taken his place - almost all of the new criptos do what bitcoin do in best and better ways.
There's a lot of comments here saying about offer/demand but almost none of them consider that this is true to every other cripto/bound/share and others. Bitcoin, as is now, is a huge bet... a bet that there's a high win change in your favor, but still a bet.
In my point of view I dont lose anything if I sell half my btcs now, becouse the projection of btc future, if accomplished, is so damn high that having half my assets or not will not make that much of a difference for what I will need in the future. By the way, this half that I mentioned is now distributed on others criptos.
Differ to real world scarcity, there's no true scarcity in internet. Bitcoin is based on scarcity but is this scarcity the winner or Dash scarcity will be elected by the market? I guess that if you have this in mind when searching for what to do will be a better way than thinking about btc exclusively.
There's a lot of comments here saying about offer/demand but almost none of them consider that this is true to every other cripto/bound/share and others. Bitcoin, as is now, is a huge bet... a bet that there's a high win change in your favor, but still a bet.
In my point of view I dont lose anything if I sell half my btcs now, becouse the projection of btc future, if accomplished, is so damn high that having half my assets or not will not make that much of a difference for what I will need in the future. By the way, this half that I mentioned is now distributed on others criptos.
Differ to real world scarcity, there's no true scarcity in internet. Bitcoin is based on scarcity but is this scarcity the winner or Dash scarcity will be elected by the market? I guess that if you have this in mind when searching for what to do will be a better way than thinking about btc exclusively.
March 14, 2018, 10:08:21 AM
Do not be too confident and do not be too desperate. All just a game market. and depending on you how you'll believe your bitcoin is preparing a big surprise. if you're in doubt, you can take off at any time
March 14, 2018, 09:47:45 AM
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
Although bitcoin does not have a stable price, it has its advantages. Its price can grow by one day to several thousand dollars, and you can earn on it, but you can lose it if you are not ready for such a rise in price. But bitcoin is also more than just an investment - it's the future of digital currencies. 
March 14, 2018, 09:39:23 AM
Actually though, elasticity of Demand and supply of Bitcoin are mostly the determinants of its price at any point in time making a great effect on it's Volatility. So, when there is effective demand for Bitcoin, the price continues to rise at that long run. So, one may decide to sell out its hold by then. But at the period like this, where there is increase in its supply because of its unstabled price, the best bet is to buy as much as possible and try to hold in patience for the skype to blossom again
March 14, 2018, 08:02:50 AM
Saving bitcoin as a future investment is definitely profitable as its volatile price might make you good money and it is possible that it totally eradicates the fiat which won't be happening anytime soon but it is possible. As reaching 20k wasn't predicted but that did happen, right? So just stay positive and hope for good. But if you want to sell all you bitcoins with full consent and not regret later if it ever reaches greater heights, you'll not be stopped but hodling is advised.
March 14, 2018, 08:02:42 AM
You know.. right now when you are typing you are going towards the way where you would likey panic sell and trust me that would affect you in a very bad way.
You know highs and lows are...very.. common sometimes it's political adjustments that really causes a lot of change in the rate..
You should know that even if it's decentralized it's being affected but the good part is it won't last that long.
It will recover ... And you need to wait for that.
If you need money they for sure I would advise you to go for it and cash out but if you don't and you can somehow manage then I don't think that you should really panic
sell.
You are most likely to loose money !
You know highs and lows are...very.. common sometimes it's political adjustments that really causes a lot of change in the rate..
You should know that even if it's decentralized it's being affected but the good part is it won't last that long.
It will recover ... And you need to wait for that.
If you need money they for sure I would advise you to go for it and cash out but if you don't and you can somehow manage then I don't think that you should really panic
sell.
You are most likely to loose money !
March 14, 2018, 07:44:20 AM
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
Giving up on bitcoin must not be one of your choices.Many people who uses bitcoin gives up specially once that the price rate falls.But then dont lose hope, and look in its brighter side, when you wait and save much more of your bitcoin and once that the price you wanted comes, then you can profit for more.Your waiting for long time will be change.If he don't have a choice but to give it up then he must do it price actually flactuating bad right now and this one could kill the profit of lowball holders or for the people who rely on their crypto profits for a living. But we shouldn't fear on this huge upset happening right now since all of things who fly high need to fall for a while and we might earn a huge digits if we hold for little while.
March 14, 2018, 07:05:00 AM
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
Giving up on bitcoin must not be one of your choices.Many people who uses bitcoin gives up specially once that the price rate falls.But then dont lose hope, and look in its brighter side, when you wait and save much more of your bitcoin and once that the price you wanted comes, then you can profit for more.Your waiting for long time will be change. March 03, 2018, 02:27:10 PM
well why should you let go of your bitcoin, if one day in the future you will get great benefit from bitcoin. nobody knows how much bitcoin grows, but whatever it is, it's the amount you get. you just need to be patient waiting for the price to reach what you think is the highest.
March 03, 2018, 09:23:24 AM
But, as the supply growth slows and demand increases it becomes much harder for the price to fall back...unless of course the community abandons the idea. But why would anyone abandon the idea if it's already stable as a store of value?
I think thats the point.
In a world where bitcoin works as intended (no big flaws in the protocol, no weird behaviour, ...) it is going to rise, massively.
When the majority of people is aware of bitcoin and of its properties (Store of value, trustless transactions of value, secured through math, ...)
the demand for BTC should grow massively compared to today.
Where, if something really really bad happens (security breach, etc.. ) the biggest part of the community indeed will abandon this idea.
In my opinion thats the only possible way of how bitcoin could 'die'.
March 03, 2018, 09:13:38 AM
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
It will not do you in the future at any price coins. Maybe you're a casual guest in the crypto economy. Such people often become easy prey for the whales. In order to be successful in crypto-Economics you must understand all processes and sincerely share the idea of cryptocurrencies. March 03, 2018, 09:00:33 AM
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
Bitcoin is more like an asset. Just like Gold, its value grows from due time. Its wise to actually have this in preparation for the future growth of bitcoin. Be sure not to misa out what this asset can actually bring you. This is absolutely more than just saving money, uts the wisest way to invest gor the future. Knowing that it is niw getting more popular and it's demand is continuously increasing, never give up and miss out.
Definitely right, as long as you can hold it, hold it. Knowing bitcoins price is getting higher, you have the reason not to give up on it. Bitcoins price today is still very volatile and still low, however its demand is getting higher for it is already known by many people and still spreading its uses and benefits. Therefore, the more people investing and uses it the higher the its price value will be. Thus, the more profit we will have.
March 03, 2018, 08:48:19 AM
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
Bitcoin is more like an asset. Just like Gold, its value grows from due time. Its wise to actually have this in preparation for the future growth of bitcoin. Be sure not to misa out what this asset can actually bring you. This is absolutely more than just saving money, uts the wisest way to invest gor the future. Knowing that it is niw getting more popular and it's demand is continuously increasing, never give up and miss out.
March 03, 2018, 08:41:06 AM
It depends on how much do you believe in bitcoin. If you believe in it then make more investment in bitcoin. Holding it in the long run will benefit you, just wait when the value of bitcoin became high after so many years.
March 03, 2018, 04:11:23 AM
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
Let's put it this way. Look at bitcoin as your investment. You might not be needing money today, but in the future if you hold on your bitcoin today and someday, there's an emergency situation that you needed money then you can somewhat withdraw your bitcoins. Its like saving funds for you it you like that term. And you should always beyond, because we will never know when their some financial crisis that will come along so its better to save today so that you have something of a plan B. Maybe you are disappointed with how the price moves today, but rest assured that it will reach another all-time-high and you will be glad that you made the right decision to keep your bitcoins.
March 03, 2018, 03:10:08 AM
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
You do not need to give up your bitcoin because it will not benefit you. Instead, you will lose a lot of money if you sell all your bitcoin when its price is very low. It will be good for you if you will just wait for the price of bitcoin to increase so that you can gain a large amount of profit and that will benefit you the most. March 03, 2018, 02:58:05 AM
Why do I need not to give up my bitcoins? How does that going to benefit in the long run??
if you wishing to gain more profits on bitcoin you should not give up , just hold it for a long term instead of doing day trading 'cause day trading with it is so difficult because the market is always fluctuate , and doing technical analysis every days for it is so depressing. So long term is the best choice if want to obtain more profits. .regards Jump to: