Pages:
Author

Topic: Why you should focus more on saving bitcoins than selling - page 15. (Read 9726 times)

sr. member
Activity: 602
Merit: 258
I think the best reason behind why many people focus more on saving bitcoins that selling it is they consider the phenomena happening in the company of bitcoin.
The market value of bitcoin is continuously increases which lead to a higher income for every bitcoin holder and I think that is the best opportunity that should everyone grab.
member
Activity: 98
Merit: 10

Quote
Why not we should focus on saving more bitcoins than selling our last remaining bitcoins?

Because bitcoin use and digital money must buy and sell it daily if we all just holding bitcoin system will end
Quote
I read and hear from a lot of guys owning bitcoin saying, should I sell my bitcoins?
yes you must sell part of your bitcoin and invest rest
sr. member
Activity: 994
Merit: 257
Accumulating bitcoin is more important than the sale of bitcoin because the bitcoin is growing and it's price increases continuously. Now you  accumulate many bitcoins, when the price of bitcoin increases you will have a lot of money.
Selling is not wrong but only if you have a lot of profits already, while I got some profits I am still not comfortable with my profits, once bitcoin hits 50k I will consider selling, I do not know if that is going to take 10 years or just a couple of years, personally I would like that bitcoin took more time to reach that price since it will give me the chance to get more bitcoin before selling.
member
Activity: 62
Merit: 10
Some people are selling bitcoins because they need to but mostly people are saving bitcoins because they trust bitcoins that it will rise up. There are times that the price of bitcoin is going down but we can’t guarantee when it will happen. 
full member
Activity: 532
Merit: 100
I needed many so I have no choice but to sell some but I have made sure that the money will just be enough that I won't touch my remaining bitcoins. If only I'm rich then I would never sell any amount.
member
Activity: 63
Merit: 10
Some people sell their bitcoin because they are tempted and want to enjoy the profit they will get from it in physical bills, some gets panic when its price falls down, while others really just want money to buy something. For me, if you're going to sell your bitcoin leave atleast half of it. Bitcoin's price increases oftentimes so if you still hold some bitcoin, you'll earn profit at the same time. Saving or holding your bitcoin can give you more profit especially in the long-term, no risks involve. In addition, if you noticed continuous increase in bitcoin's price, expect the next dip and that is the right time to buy bitcoin again.
full member
Activity: 783
Merit: 100
yup definitely true
but selling bitcoin is also a big part when it comes to law of supply and demand. if there is no circulating bitcoins or cryptos what will be happen right?
and maybe people sell their coins is they badly need cash / money and bitcoin is the only asset they have.
saving bitcoin is good also but people and eager to more and more
yes the focus to store and sell bitcoin is needed to balance the trade, you can focus to save but you also have to sell it because bitcoin already shows good price and you will get big profit.
member
Activity: 1232
Merit: 12
I think it depends on time, for me saving bitcoin is better than selling because bitcoin price trend is always going up so we will regret if we sell.
hero member
Activity: 868
Merit: 535
Always trade? For what? Make no mistake with this, but you have to define your goal first before you make conclusive statements.

As for me, holding/saving Bitcoins is also a strategy. You cannot generalize that saving Bitcoins will only minimize profit. I have held my Bitcoins, and my money with it grew substantially.

How about you, what is your goal? Your actions should speak for your goal. If trading is your game, go for it. But be sure you know where you are heading. 
member
Activity: 112
Merit: 11
Always trade! Holding minimises profit but increases safety, i would trade but then i dont have any to trade with Sad
member
Activity: 61
Merit: 10
I wish I would have joined here lot before and take note of these instructions .
Op was spot on. We might even see more changes before the new year.
copper member
Activity: 2898
Merit: 1465
Clueless!
Just an aside

the OP nailed this thread when he started it in August 18th, 2017. lol Smiley


PRETTY SURE, he did not expect the results we've seen in the last 48hrs thou!



full member
Activity: 518
Merit: 100
for my opinion so prefer to store the bitcoin instead of being sold due to the gradual increasing of its value. Because if I ask the question is better to hold btc for it because of its increase but you can only sell a small amount when you need it.
hero member
Activity: 1372
Merit: 503
Bitcoin has become the world most valuable asset and the value keeps going higher!

Why not we should focus on saving more bitcoins than selling our last remaining bitcoins?

I read and hear from a lot of guys owning bitcoin saying, should I sell my bitcoins?

The issues is, if you sell all your bitcoins when are you going to buy at lower price?

There's no guarantee when exactly bitcoin price will surely come down.

Share your thoughts about what you think guys. Smiley

THe way you put it it kinda feels like you are not in davor of selling however I still do think that in the meantime whatever your purpose or concern is today. You might lean more to selling if you think you are in need of the money or save if you want to take chances
sr. member
Activity: 994
Merit: 257
I mean, the name of the game is always, buy low sell high.  There's always going to be psychological implications regarding the price of bitcoin.  Since we know it's gonna keep going up in the long run, just buy when there's the dip, and sell when you see the pump.  Just don't try to time it perfectly.  Really as simple as that! 
It is not as simple as that, the pump of bitcoin began at the beginning of this year, some people sold as soon as bitcoin hit 1000 and since then bitcoin has gone up, someone that sold at that price is probably hitting his head on the wall for selling that soon, right now bitcoin has a price of 17k, is this the end of the pump and you need to sell or this is just the beginning and bitcoin will reach something like 40k, as you can see it is not as easy as buy low and sell high.
sr. member
Activity: 714
Merit: 250
Accumulating bitcoin is more important than the sale of bitcoin because the bitcoin is growing and it's price increases continuously. Now you  accumulate many bitcoins, when the price of bitcoin increases you will have a lot of money.
Yes, saving bitcoin must become our prioritize now, I am sure that people who has sold bitcoin a few days ago when the price at under $16.000 is dissapointed now. We should keep earn and hold more bitcoin because its so profitable as investment.
full member
Activity: 276
Merit: 100
Bitcoin has become the world most valuable asset and the value keeps going higher!

Why not we should focus on saving more bitcoins than selling our last remaining bitcoins?

I read and hear from a lot of guys owning bitcoin saying, should I sell my bitcoins?

The issues is, if you sell all your bitcoins when are you going to buy at lower price?

There's no guarantee when exactly bitcoin price will surely come down.

Share your thoughts about what you think guys. Smiley
Bitcoin's price and value keeps on continuously rising. That's why we should stay on saving bitcoin. The price is going high you will regret soon if you sell your bitcoin. You should wait for more until bitcoin reach its price cap.
full member
Activity: 560
Merit: 101
I love to focus more on saving my bitcoins, it is really a good idea because we all know that bitcoin price is increasing and keep on growing. But for me, people are usually into selling their bitcoins because they actually need money. I am here not to invest or keep my bitcoin, i am here to have an additional income to sustain the needs of my family specially my kids because it's really hard if you're a single mother you are the one providing for the family so need to make an extra effort to earn.
But if there's an opportunity to earn more than what you have expected why not go on saving and wait for the right time that the bitcoin price is high. Just keep on learning and working harder because in the end we can reap sweet fruits of what we sow.
sr. member
Activity: 547
Merit: 253
Bitcoin has become the world most valuable asset and the value keeps going higher!

Why not we should focus on saving more bitcoins than selling our last remaining bitcoins?

I read and hear from a lot of guys owning bitcoin saying, should I sell my bitcoins?

The issues is, if you sell all your bitcoins when are you going to buy at lower price?

There's no guarantee when exactly bitcoin price will surely come down.

Share your thoughts about what you think guys. Smiley

Bitcoin is volatile. Everybody knows about it. But, We should always hold our bitcoins for now, because the price is always increasing. So, if you want to have a high money, just hold and earn. You don't need to sell your bitcoins because you can cashout it also. It depends on your wallet. But i suggest you to use your bitcoin wisely. Earn more, save it. Bitcoin has the high chance to increase its value time to time
full member
Activity: 122
Merit: 100
Accumulating bitcoin is more important than the sale of bitcoin because the bitcoin is growing and it's price increases continuously. Now you  accumulate many bitcoins, when the price of bitcoin increases you will have a lot of money.
Pages:
Jump to: