Why you should focus more on saving bitcoins than selling - page 39.

BrewMaster

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There is trouble abrewing

it really depends on what you think of bitcoin. it can be many things at the same time.

for some it is just something they trade. they buy it on each dip and sell on top and make a living out of this. it doesn't matter if price is $4 or $4000 they will make that fiat profit and get out.

for some it is the currency that is decentralized and gives them that financial freedom they want. the fact that nobody can tell you how to spend your money is awesome Cheesy

these don't care about price. it is the utility that is important.

rekinthis

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Quote from: cybersofts on August 18, 2017, 07:41:55 AM

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.

My answer is simple, why sell them now for $4000 if you can sell them year later for $8000? 5 years later for $50000? More you save now more you will have later. I am sure that price won't stop here and that it will rise even more.

I guess only reason why someone should sell their bitcoins is only if they urgently need money right now, but if you want to sell them now to get profit... it's better not to.

CryptoBry

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Quote from: Emoclaw on August 18, 2017, 07:48:06 AM

Quote from: cybersofts on August 18, 2017, 07:41:55 AM

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 bitcoin price will surely come down... Share your thoughts about what you think guys.

There is. Bitcoin's price always dips due to market correction after a price increase. The dip may be small but it's there.
It's therefore possible to maximize earnings by selling and buying at exactly the right times, with risks of course.
People who only hold have no such risks whatsoever and will have profit in the long run because Bitcoin's price always increases. It's just that the profit of those who make smart trading decisions will be higher than that of holders.

This is the reason why they say that a good trader can make money when the price is up and also make some money when the price is down. But a person has to be good to win wherever the market is going. Otherwise, in the case of Bitcoin, ordinary guys just like me should just hold on to the Bitcoin we already have. Let's reserve the game to the experienced and willing to learn traders. Just holding and not selling can be a guarantee that we are participating in its coming more growth.

White Christmas

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Quote from: Natsuu on August 18, 2017, 08:16:57 AM

Why would you sell all your bitcoin? The price now is rising and it will continue. If you really wanna sell, just sell some not all. So when the price hits $5000 you can sell some again. Better to have bitcoin in our wallets as it guarantee as a bright future.

Yes the perfect time for selling was when bitcoin is in a low prcie. Because this time its better to save more than to sell because its price or value was too high like its going to reach $5000 soon. Saved more and your bitcoin will increase too.

joseafonso123az

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This is upto you entirely, because both of them have their benefits and risks.

Holding, if the price keeps rising and the there are no long term problems related to bitcoin, than yes you can make a great profit out of holding. If suppose, there is a decrease in bitcoin value than well, you will lose something definitely.

Trading, If you know how to trade, watch the market time to time to look what is happenng in the altcoin world, then you can get more and faster profit from it. If, you just trade without any knowledge you might lose everything.

Taki

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I am agree with this idea totally. First of all bitcoin is surly going to raise even higher after being adopted by some new countries, this spreading us going to make bitcoin even more popular than now.
The second is it is expansive to invest in Bitcoin. 4300$ per BTC bro!

Rinaze

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To be frank BTC pricing will probably keep going higher in the long term even with market correction now and then (my own personal opinion, take it with a pinch of salt). The reason I said that is because the world doesn't need so many currency coins when not even one has been mass adopted yet and for now.. nothing come close to replace Bitcoin.

RoadToBTC

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Quote from: Emoclaw on August 18, 2017, 07:48:06 AM

Quote from: cybersofts on August 18, 2017, 07:41:55 AM

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 bitcoin price will surely come down...

Share your thoughts about what you think guys.

There is. Bitcoin's price always dips due to market correction after a price increase. The dip may be small but it's there.
It's therefore possible to maximize earnings by selling and buying at exactly the right times, with risks of course.
People who only hold have no such risks whatsoever and will have profit in the long run because Bitcoin's price always increases.
It's just that the profit of those who make smart trading decisions will be higher than that of holders.

Trading bitcoin in short term will be good choice. The daily range is so high hence we could maximize our profit. If we just hold it, then when we will sell it?

Xester

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In my own opinion, people are into selling their bitcoins because they actually need the money. Like me, I am here not to invest my bitcoins or to keep it. I am here because I need an additional income for me to sustain the needs of myself and my family. We are more focus on earning for the sake of the actual equivalent money or cash. Though, I love the idea of keeping bitcoins or saving them, I have no means to do it since I always needed the money.

MostHigh

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Its good to hold on to your bitcoin as the writer said, it has probably the highest growing returns of all investments but the price swindle something and if you wonna invest in bitcoin only then a long term investment with patients is the answer. I say hold to your bitcoin but if you wonna sell then hit my inbox Wink

warwar

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Quote from: celot on August 18, 2017, 08:41:18 AM

If we sell all of our bitcoins then there is nothing else we use for trading capital. So for what to sell despite the high price. I sell as needed

Well i agree with you Sell if it is needed then if you dont need then make more profit from it that is what we should doing but i myself is i aint doing that i want to hold a bitcoin for more years to come but ill end up spending it though i still have money in my pocket i still converting it into fiat and store it in my wallet and i want to break that habit to earn more from bitcoin.

celot

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If we sell all of our bitcoins then there is nothing else we use for trading capital. So for what to sell despite the high price. I sell as needed

hatshepsut93

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Quote from: cybersofts on August 18, 2017, 07:41:55 AM

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

Share your thoughts about what you think guys.

That's the problem with trading, everyone have access to the same information - they can read charts and analyze them with some techniques, and when majority of people act similarly, trading becomes random and close to gambling. If you make correct prediction, you gain profit, if you were wrong, you lose money. The real people with advantage are those who have insider information or huge sums to manipulate the market.
This is why most common advice is to just hodl. If Bitcoin's technology will succeed, we will become wealthy in 10 years, if not, at least we won't lose much.

vasrasus

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Quote from: Natsuu on August 18, 2017, 08:16:57 AM

Why would you sell all your bitcoin? The price now is rising and it will continue. If you really wanna sell, just sell some not all. So when the price hits $5000 you can sell some again. Better to have bitcoin in our wallets as it guarantee as a bright future.

Why holding if you really need money.? If you just wait for bitcoin to stop inflating before you sell then you will never sell it because you will never predict when will the price will capped since it is decentralized. You sold your bitcoin and enjoy it if you really needed it, You can't sell it anymore once you are accidentally died while holding.

dunfida

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Quote from: cybersofts on August 18, 2017, 07:41:55 AM

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.

Depending on what kind of bitcoin user you are. Some may say that hodling would be the best move since bitcoins price continuous to rise up its price but some do have another way on earning more bitcoin on which on the way of trading.Selling high buying low is really a good way too on maximizing on the bitcoins you would able potentially to earn. Some may cash-out their coins because we do have different priorities in life.

cybersofts

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Quote from: Emoclaw on August 18, 2017, 07:48:06 AM

Quote from: cybersofts on August 18, 2017, 07:41:55 AM

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 bitcoin price will surely come down...

Share your thoughts about what you think guys.

There is. Bitcoin's price always dips due to market correction after a price increase. The dip may be small but it's there.
It's therefore possible to maximize earnings by selling and buying at exactly the right times, with risks of course.
People who only hold have no such risks whatsoever and will have profit in the long run because Bitcoin's price always increases.
It's just that the profit of those who make smart trading decisions will be higher than that of holders.

Yes, I know sometime there's bitcoin price dip when bitcoin holders panic and start selling their coins, but why not people should choose on saving more bitcoins than selling for like few years to get more profits in the future. I think people will make huge profits if they can hold their bitcoins for long term.

Natsuu

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Why would you sell all your bitcoin? The price now is rising and it will continue. If you really wanna sell, just sell some not all. So when the price hits $5000 you can sell some again. Better to have bitcoin in our wallets as it guarantee as a bright future.

Mrbunbun08

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It's my first time here and reading a lot about bitcoin. Well, the price is getting higher and expensive. For how, I would like to earn more bitcoins and invest it for my future.

Igebotz

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we all know bitcoin value on future will be expensive so we are all finding ways to get it. but same how we need money for are life so we are selling or spending bitcoin in my case i spend just i Small amount and i invest 70% but same time if i knew bitcoin will increase the maximum prize and i have thought that it will down i sale it than buy bitcoin again if bitcoin reach maximum Lowest price so i always read about bitcoin expert post.

Emoclaw

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Quote from: cybersofts on August 18, 2017, 07:41:55 AM

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 bitcoin price will surely come down...

Share your thoughts about what you think guys.

There is. Bitcoin's price always dips due to market correction after a price increase. The dip may be small but it's there.
It's therefore possible to maximize earnings by selling and buying at exactly the right times, with risks of course.
People who only hold have no such risks whatsoever and will have profit in the long run because Bitcoin's price always increases.
It's just that the profit of those who make smart trading decisions will be higher than that of holders.

Topic: Why you should focus more on saving bitcoins than selling - page 39. (Read 9712 times)