Why You Should Never Sell Your Bitcoins Ever - page 109.

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Quote from: chaser15 on May 12, 2016, 04:40:22 AM

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And if you want to earn higher you need to hold more coins today, because the more you will hold is the higher of earnings you can get when the price of bitcoin changes soon.

No. Please keep in mind that holding is always right. Always make a look at your hold coins and not just do holding coins. Traders make profit by doing trades and not just by holding it for too long. Make some plan on how you will rotate your hold coins is the best thing to do rather than relying on holding activity alone.

Yeah only holding can be risky in long run as you don't know what will be the price in future, its better to buy and sell at regular intervals to make quick profits from it.

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Quote from: ?? on ??

And if you want to earn higher you need to hold more coins today, because the more you will hold is the higher of earnings you can get when the price of bitcoin changes soon.

No. Please keep in mind that holding is always right. Always make a look at your hold coins and not just do holding coins. Traders make profit by doing trades and not just by holding it for too long. Make some plan on how you will rotate your hold coins is the best thing to do rather than relying on holding activity alone.

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Quote from: tabas on May 11, 2016, 04:04:59 PM

Quote from: torrentheaven on May 11, 2016, 12:56:37 PM

Quote from: Altynbekova on May 11, 2016, 12:08:13 PM

Quote from: Next BillG on May 11, 2016, 03:57:34 AM

Quote from: JessicaSe on May 10, 2016, 05:41:38 PM

Quote from: tabas on May 10, 2016, 05:25:51 PM

Quote from: MaritiJames3 on May 10, 2016, 03:48:17 PM

You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.

Yes even though still it is in the process of adoption of other countries and people to this currency. In the end, it will become more beneficially to all of us the use bitcoins because it really has a good future.

There is no doubt that the future of bitcoin is bright in coming years, mass adaption will take price of bitcoin to a higher level, holding for 5 years and then selling would be more profitable in my opinion.

Holding a small amount of bitcoin for long term is not a problem for most of us. We can put $200 away for 20 years.

You can do this but I do not recommend you this because the fact is that holding it is just not smart if you ask me, you can better long term invest with large amounts!

For me holding and investment is same as if I am holding for long term that means I am waiting to get best returns on my investment, but I would prefer to sell on regular basis to earn small profits.

I agree, holding your bitcoins is a form of investment today, because soon after the halving happens. The bitcoins that you are holding today will get profit from the price increase of it.

Yeah and if you are investing your money in bitcoin then you need to hold longer if you want to earn very high profits, and you need to have great level of patience for doing that.

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Quote from: torrentheaven on May 11, 2016, 12:56:37 PM

Quote from: Altynbekova on May 11, 2016, 12:08:13 PM

Quote from: Next BillG on May 11, 2016, 03:57:34 AM

Quote from: JessicaSe on May 10, 2016, 05:41:38 PM

Quote from: tabas on May 10, 2016, 05:25:51 PM

Quote from: MaritiJames3 on May 10, 2016, 03:48:17 PM

You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.

Yes even though still it is in the process of adoption of other countries and people to this currency. In the end, it will become more beneficially to all of us the use bitcoins because it really has a good future.

There is no doubt that the future of bitcoin is bright in coming years, mass adaption will take price of bitcoin to a higher level, holding for 5 years and then selling would be more profitable in my opinion.

Holding a small amount of bitcoin for long term is not a problem for most of us. We can put $200 away for 20 years.

You can do this but I do not recommend you this because the fact is that holding it is just not smart if you ask me, you can better long term invest with large amounts!

For me holding and investment is same as if I am holding for long term that means I am waiting to get best returns on my investment, but I would prefer to sell on regular basis to earn small profits.

I agree, holding your bitcoins is a form of investment today, because soon after the halving happens. The bitcoins that you are holding today will get profit from the price increase of it.

torrentheaven

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Quote from: Altynbekova on May 11, 2016, 12:08:13 PM

Quote from: Next BillG on May 11, 2016, 03:57:34 AM

Quote from: JessicaSe on May 10, 2016, 05:41:38 PM

Quote from: tabas on May 10, 2016, 05:25:51 PM

Quote from: MaritiJames3 on May 10, 2016, 03:48:17 PM

You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.

Yes even though still it is in the process of adoption of other countries and people to this currency. In the end, it will become more beneficially to all of us the use bitcoins because it really has a good future.

There is no doubt that the future of bitcoin is bright in coming years, mass adaption will take price of bitcoin to a higher level, holding for 5 years and then selling would be more profitable in my opinion.

Holding a small amount of bitcoin for long term is not a problem for most of us. We can put $200 away for 20 years.

You can do this but I do not recommend you this because the fact is that holding it is just not smart if you ask me, you can better long term invest with large amounts!

For me holding and investment is same as if I am holding for long term that means I am waiting to get best returns on my investment, but I would prefer to sell on regular basis to earn small profits.

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Quote from: Next BillG on May 11, 2016, 03:57:34 AM

Quote from: JessicaSe on May 10, 2016, 05:41:38 PM

Quote from: tabas on May 10, 2016, 05:25:51 PM

Quote from: MaritiJames3 on May 10, 2016, 03:48:17 PM

You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.

Yes even though still it is in the process of adoption of other countries and people to this currency. In the end, it will become more beneficially to all of us the use bitcoins because it really has a good future.

There is no doubt that the future of bitcoin is bright in coming years, mass adaption will take price of bitcoin to a higher level, holding for 5 years and then selling would be more profitable in my opinion.

Holding a small amount of bitcoin for long term is not a problem for most of us. We can put $200 away for 20 years.

You can do this but I do not recommend you this because the fact is that holding it is just not smart if you ask me, you can better long term invest with large amounts!

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Quote from: NewInCryptoCurrency on May 11, 2016, 11:23:11 AM

It is now indeed a bad time to sell it and that is because the value is not even that high and it will be also more worth in the future so you better can have patience for it.
And you also see now that the value is going to be more worth slowly so that is perfect.

I think you should sell few of them if they are allowing you to make even smaller profits, as you always have an opportunity to buy it again when price falls in future.

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Selling your bitcoins ever = guaranteed regret in the future once the price is higher than the price you sold at. No matter how much it time it has to pass to get to that point, you will eventually regret selling. So the idea is to have a good stack of Bitcoin for lifetime storage, and speculate with an amount you can afford to lose so in case you do a bad trade you dont feel like an idiot for the rest of your life as you are left out of the game with no bitcoins to sit on.

NewInCryptoCurrency

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It is now indeed a bad time to sell it and that is because the value is not even that high and it will be also more worth in the future so you better can have patience for it.
And you also see now that the value is going to be more worth slowly so that is perfect.

Next BillG

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Quote from: JessicaSe on May 10, 2016, 05:41:38 PM

Quote from: tabas on May 10, 2016, 05:25:51 PM

Quote from: MaritiJames3 on May 10, 2016, 03:48:17 PM

You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.

Yes even though still it is in the process of adoption of other countries and people to this currency. In the end, it will become more beneficially to all of us the use bitcoins because it really has a good future.

There is no doubt that the future of bitcoin is bright in coming years, mass adaption will take price of bitcoin to a higher level, holding for 5 years and then selling would be more profitable in my opinion.

Holding a small amount of bitcoin for long term is not a problem for most of us. We can put $200 away for 20 years.

JessicaSe

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Quote from: tabas on May 10, 2016, 05:25:51 PM

Quote from: MaritiJames3 on May 10, 2016, 03:48:17 PM

You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.

Yes even though still it is in the process of adoption of other countries and people to this currency. In the end, it will become more beneficially to all of us the use bitcoins because it really has a good future.

There is no doubt that the future of bitcoin is bright in coming years, mass adaption will take price of bitcoin to a higher level, holding for 5 years and then selling would be more profitable in my opinion.

tabas

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Quote from: MaritiJames3 on May 10, 2016, 03:48:17 PM

You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.

Yes even though still it is in the process of adoption of other countries and people to this currency. In the end, it will become more beneficially to all of us the use bitcoins because it really has a good future.

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Quote from: randy8777 on May 10, 2016, 04:00:40 PM

Quote from: eddyubachs on May 10, 2016, 03:52:52 PM

Quote from: MaritiJames3 on May 10, 2016, 03:48:17 PM

You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.

Agreed, but if you see a descent price then you should sell some of your coins and generate profits from it as you always have an opportunity to buy again when price falls.

i also prefer to secure profits at certain price levels just to give myself some extra fiat that i can use when the price goes lower. i am always looking to get my average buying price lower and lower. with fiat aside it allows me to buy all the way down.

Yeah and I think that is the best way to play with bitcoin, we are earning it to make profits and if it is allowing us to make profits on regular basis then we should make best use of it.

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Quote from: eddyubachs on May 10, 2016, 03:52:52 PM

Quote from: MaritiJames3 on May 10, 2016, 03:48:17 PM

You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.

Agreed, but if you see a descent price then you should sell some of your coins and generate profits from it as you always have an opportunity to buy again when price falls.

i also prefer to secure profits at certain price levels just to give myself some extra fiat that i can use when the price goes lower. i am always looking to get my average buying price lower and lower. with fiat aside it allows me to buy all the way down.

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Quote from: MaritiJames3 on May 10, 2016, 03:48:17 PM

You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.

Agreed, but if you see a descent price then you should sell some of your coins and generate profits from it as you always have an opportunity to buy again when price falls.

MaritiJames3

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You should never do this because the fact is that the bitcoin has such a good future compared with other currency's.

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Quote from: Ulloa on May 10, 2016, 08:38:04 AM

Quote from: MingLee on May 06, 2016, 06:39:48 PM

Quote from: bitlancr on May 06, 2016, 06:19:22 PM

Quote from: cpfreeplz on May 06, 2016, 06:02:36 PM

Quote from: prtty2gal2 on May 06, 2016, 02:47:49 PM

We should not have to sell our coins and have to use bitcoin as a normal currency for any purchase or for any transaction and in that way bitcoin will establish all over the internet and will have a good value with the passage of time.

Agreed. Just spend Bitcoins or save them! Don sell them for cryin' out loud!! They'll be mainstream soon enough. More a more place are accepting bitcoin all the time.

Indeed selling is never good and I think holding right now is the best thing you can do for a long or short term.
The bitcoin has on both ways a very good future.

Not selling your Bitcoin is a great way to drive up the value, especially is a lot of people do it all at once. Forcing buyers to burn through cheap coins and start buying more expensive coins artificially limits the supply, and can be good if a group of people are able to coordinate and withhold their funds that way. Of course something like this would have to be done on a massive scale, but it is possible.

Around this time it is indeed not that nice to sell your Bitcoin now and that is because there are now more people that is hoping that the value will be more worth.
The halving is also coming so that would be nice but it can takes a long time.

Speculators look halving as a source of hope since the block reward will cut in half, supply will not grow as rapidly leading handsome profits, so it is fine to sell at that moment.

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This is not a good advice, if people wants to see Bitcoin or other Cryptos succeed, they then need to star encouraging their expenditure! Merchants aren't going to start accepting Bitcoins if no one wants to spend them.

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Quote from: MingLee on May 06, 2016, 06:39:48 PM

Quote from: bitlancr on May 06, 2016, 06:19:22 PM

Quote from: cpfreeplz on May 06, 2016, 06:02:36 PM

Quote from: prtty2gal2 on May 06, 2016, 02:47:49 PM

We should not have to sell our coins and have to use bitcoin as a normal currency for any purchase or for any transaction and in that way bitcoin will establish all over the internet and will have a good value with the passage of time.

Agreed. Just spend Bitcoins or save them! Don sell them for cryin' out loud!! They'll be mainstream soon enough. More a more place are accepting bitcoin all the time.

Indeed selling is never good and I think holding right now is the best thing you can do for a long or short term.
The bitcoin has on both ways a very good future.

Not selling your Bitcoin is a great way to drive up the value, especially is a lot of people do it all at once. Forcing buyers to burn through cheap coins and start buying more expensive coins artificially limits the supply, and can be good if a group of people are able to coordinate and withhold their funds that way. Of course something like this would have to be done on a massive scale, but it is possible.

Around this time it is indeed not that nice to sell your Bitcoin now and that is because there are now more people that is hoping that the value will be more worth.
The halving is also coming so that would be nice but it can takes a long time.

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Quote from: Next BillG on May 10, 2016, 02:23:11 AM

Quote from: ricardobs on May 07, 2016, 08:43:15 AM

Quote from: streazight on May 03, 2016, 11:49:33 AM

-snip-

Well you should have bought bitcoins when it was 300 dollars, but now wait for halving to sell it at a triple price
thats what i am hoping for

Yes, do not sell your bitcoin until halving occur that is why everyone is calling hold on and never sell, but if you sold your coins and the price increased suddenly then you will lose the opportunity and will not be able to earn with halving as other people will earn.

It is good to hold until after the halving to make some profit. But I will hold the bitcoin for many more years.

I read a most of the threads about save the bitcoins, but my answer is saving the bitcoin for halving is very good, but you should have awarness how to use the halving and how to get profit from it, othewise may be we will face the lose.
Secondly if someone like to save their bitcoins for a long time, it is also good way to get profit.

Topic: Why You Should Never Sell Your Bitcoins Ever - page 109. (Read 270173 times)