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Topic: Why the future of bitcoin is brighter then any other currency in the world. - page 5. (Read 2342 times)

sr. member
Activity: 672
Merit: 251
Because bitcoin have a lot of lover and useful. Besides for trading,  bitcoin can use to buy stuff like phone bills, clothes and many more think using online shop that accept bitcoin as payment method. That's why bitcoin worth so much other than cryptocurrencies that just used for trading/gambling.
member
Activity: 116
Merit: 101
bitcoin was designed to be an alternative to our bizarre system financial
hero member
Activity: 896
Merit: 521
Bitcoin is like an investment asset same as stocks. The best time to sell it depends upon how much profit you intended and whether you need your money when your asset is appreciating at a good rate. It solely a personal decision.

Bitcoin is a deflationary currency and hence its price will keep on increasing with time. What I suggest others and what I do myself is to keep money in Bitcoin until its needed. Bitcoin is best asset to grow money.
sr. member
Activity: 392
Merit: 250
If you have notice recently the price of bitcoin is constantly on the increase in the exchange market, today bitcoin go for as high as $3412 and still counting high in some days to come.
So my question is when do you consider the best time to sell your bitcoin or is it better to just save it for a while considering the constant rise in price.
We could see that just now,hard fork has occured and bitcoin price has started to increase constantly from that time.There is a huge increase in demand for bitcoins.We don't know exactly that how much it would increase.But on seeing bitcoin going to be legalized in many countries and there is huge adoption of bitcoins world wide,it would be better to hold it for some more time.Longer you hold bitcoins,larger will be the benefit.
hero member
Activity: 1232
Merit: 516
No point in selling. Why would I exchange my shiny precious bitcoin for dirty fiat money? I honestly see no reason for that - unless there is some sort of financial emergency. HODL!
full member
Activity: 154
Merit: 100
Nothing is certain in the crypto world... It's all too early to tell - even Bitcoin as the oldest coin is only 7 years old. Give it time to change and evolve...

With that said, some changes are kinda scary to the 'ecosystem'... We need to learn to do our own research and come up with our own opinions instead of blindly shilling one way or the other (especially on complex 'techy' matters such as the forks and the like)
newbie
Activity: 100
Merit: 0
So my question is when do you consider the best time to sell your bitcoin or is it better to just save it for a while considering the constant rise in price.
The ultimate aim is to SPEND your bitcoin... give it 2-3years and I don't think we'll see people talking about selling them or cashing them out - it'll just be about spending them.
hero member
Activity: 2590
Merit: 644
It is because bitcoin is starting to revolutionize the world. Bitcoin is getting widely accepted and the demand for bitcoin is getting bigger and bigger and that is the reason why its future is getting brighter than any other currency in the world because of its advancement which most of the people need in the future.
hero member
Activity: 3052
Merit: 651
You can ask everyone here but you wont find the 100 percent accurate answer.
It will just be prediction and observation but wont be the exact thing that will happen.
At the end it will be your choice to decide whether you want to sell or hold it.
Don't want to be blaming anyone just because you listened to them.

For me, there is a part that is on hold and there is a part which I spend and it is working well.
legendary
Activity: 2464
Merit: 1387
If you have notice recently the price of bitcoin is constantly on the increase in the exchange market, today bitcoin go for as high as $3412 and still counting high in some days to come.
So my question is when do you consider the best time to sell your bitcoin or is it better to just save it for a while considering the constant rise in price.

save your bitcoin or spend it, whatever is right for you
and when it drops back in price . . . just buy more.
I wouldnt sell it just because its high, just buy it when its low.
full member
Activity: 161
Merit: 100
But its a a volatile currency. Some would say that it is in the open beta edition, with bugs being symbolistic of the volatile nature of bitcoin.
sr. member
Activity: 476
Merit: 250
You can see that the price is increasing, but it is not always like that. It had its decreases, and once it got down, people start selling their bitcoins in fear that the value of bitcoin is gone. It returned back, and now it's higher than ever. Probably the value will get really high, but beware of the volatile nature of bitcoin, as it can decrease it's value drastically also.
sr. member
Activity: 1414
Merit: 283
It is true that the bitcoin has had and still having a great succcess and more and more poeple are intrested in it and belive in it, but that does not mean that 10 years from now the same situation is gona be, as we all know that bitcoin is limited and that limite in the splly, also limites the boundries for bitcoin becoming a major currency that is approved by all goverments in the world.
sr. member
Activity: 805
Merit: 250
We observed now that bitcoin still growing and the price always goes up. Bitcoin is become successful against odds, even though segwit might happen  but still on the top among others. Community embraced and welcoming it as new generation of currencies. A possible thing may happens that bitcoin will take place as a world currency.
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
I can imagine following scenarios:
- Bitcoin will be always the king because of it´s popularity, tx speed and cost will be fixed and more features come (like f.e. smart contracts)
- Bitcoin will fall and some other crypto takes it´s place because the cummunity is not able to fix problems in enough time

it doesn't have to be completely black and white. it can be grey too Smiley
for example bitcoin stays the same, strong, growing, ... and another cryptocurrency is invented with things other than "get rich quick", "ICO", ... in mind -things such as being a cryptocurrency, or what Satoshi wrote in his paper- and that cryptocurrency aka altcoin grows as big as bitcoin and they are used alongside each other each having similar yet different purposes.


I think bitcoin has a great merit above other cryptocurrencies because it's the first accepted cryptocurrency ever existed with the profit so amazing.

Yes that's true! bitcoin is the first created cryptocurrency and known worldwide, more people invested this currency now that's why the market value is so high.

bitcoin is not the "first created" cryptocurrency.
sr. member
Activity: 406
Merit: 250
If you have notice recently the price of bitcoin is constantly on the increase in the exchange market, today bitcoin go for as high as $3412 and still counting high in some days to come.
So my question is when do you consider the best time to sell your bitcoin or is it better to just save it for a while considering the constant rise in price.

My strategy is to earn and hold bitcoins. Because there's a lot of strength left in bitcoin and it is not going to stop anytime soon. The price is around 3300 USD today and that's not the highest you can think.

I am sure if you hold your bitcoin for another 3-4 years, you will get more than 250% profit compared to the current price. So that's what I am trying to do, just earn and save it in a secure location.
hero member
Activity: 949
Merit: 517

I think bitcoin has a great merit above other cryptocurrencies because it's the first accepted cryptocurrency ever existed with the profit so amazing.

Yes that's true! bitcoin is the first created cryptocurrency and known worldwide, more people invested this currency now that's why the market value is so high.
hero member
Activity: 2086
Merit: 501
★Bitvest.io★ Play Plinko or Invest!
If you have notice recently the price of bitcoin is constantly on the increase in the exchange market, today bitcoin go for as high as $3412 and still counting high in some days to come.
So my question is when do you consider the best time to sell your bitcoin or is it better to just save it for a while considering the constant rise in price.

if you are not a day trader then there is no good time to sell bitcoin because price will always rise before you can turn your head and look at what happened to the price after you sold. and in case you are not a day trader you should only consider the long term investment and the long term profit of bitcoin.
take a look at this topic to get the feeling of what I mean by "long term": https://bitcointalksearch.org/topic/1-in-a-million-updated-for-2018-6-1790863

if you ARE a day trade then after a big rise is usually a good time to sell and then immediately place multiple buy orders at lower prices where you think is going to be the support or below support (conversely the price that you think can be reached).

I agree. It is better to look at in long-term-perspective especially if you are not a trader or day trader. There are a lot of people in the pas tor even this year since the price had increased considerably this year and a lot of people sold it then regret. It is a wise decision (in my opinion) to hold but don't feel bad if it drops since it is natural but the thing is it will have a new floor, a new high and lows compared to the previous months and years.
member
Activity: 66
Merit: 10

I think bitcoin has a great merit above other cryptocurrencies because it's the first accepted cryptocurrency ever existed with the profit so amazing.
full member
Activity: 266
Merit: 122
I don't any one can tell the best time to sell your bitcoib or even the idea of keeping or saving them for a while will give much retur...I can say is that bitcoin is very unpredictable yes so far it's getting higher now but you never know what's gonna happen tomorrow I would suggest you sell them when you think the price is reasonable don't wait for so much high price when you think you can have good income now then sell them...
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