I see the point but some of us can't hold a lot of money in bitcoin because we need the money to buy things. Many purchases still can't be made with bitcoin. When I'm ready to make a big purchase (car for example), I may need to sell a little of my bitcoin to help pay for it.
Yes, I had to sell my bitcoins to buy many things with selling my bitcons since I was not able to buy them with ordinary things.
Topic: Why You Should Never Sell Your Bitcoins Ever - page 112. (Read 270139 times)
The question should be when to sell you bitcoins because never selling them is not making any sense. If you want to make money out of bitcoins then you have to sell your coins.
it's not that you don't have to buy something with them but if you store them
you can only get some profit out of it.
because the value of the coins are always changing so wait for the best moment.
you can only get some profit out of it.
because the value of the coins are always changing so wait for the best moment.
There's no sense in never ever selling bitcoin, unless it reaches a point where it becomes useless. We hold on to something if it commands value. How long you want to have it and what value it holds will determine whether you still want to keep it or sell at a very good price.
Selling Bitcoin is around this time not the best thing that you can do because the value is not even that high now and that is the problem of Bitcoin and that must change.
Everyone wants to make profit with Bitcoin in a fast time and that is not possible now.
Everyone wants to make profit with Bitcoin in a fast time and that is not possible now.
Actually most new bitcoiners are interested in this currency as an alternative to get huge rewards on the medium term. I have no doubt that when bitcoin reaches the $1000 level there will be thousands of newbies massively selling their bitcoins, but I would prefer to keep them.
I just think that do not sell bitcoin for now. I feel bitcoin prices will go up, if you never sell bitcoin you have, then there is no point in you are looking for bitcoin
so what the point all of it, you say to not selling bitcoin for now then you say to never sell your bitcoin. sell it or not?? 
What is the point of holding bitcoin forever
and never sell it ?
...than BTC is just worthless numbers in your PC.
and never sell it ?
...than BTC is just worthless numbers in your PC.
no one will keep their coins for ever. they surely will sell to secure profits at some point when the price reaches a level that they are happy with. for ever in this forum translates into something as a few years.
i think that the price will grow at a very rapid pace in the near future what will allow me to make some good money out of it because of the halving that will be incoming after a few months
Eventually people will have to sell their bitcons to cash out profit or pay for bills But i feel the spirit of the op. The current moment is not right for both reason.
If i need to buy something with BTC I rather buy bitcoin then to sell my current stash.
Yes, I think never is not a good sentence, maybe the correct question is that why you should ever sell your bitcoin when it is not right time? If i need to buy something with BTC I rather buy bitcoin then to sell my current stash.
Eventually people will have to sell their bitcons to cash out profit or pay for bills But i feel the spirit of the op. The current moment is not right for both reason.
If i need to buy something with BTC I rather buy bitcoin then to sell my current stash.
If i need to buy something with BTC I rather buy bitcoin then to sell my current stash.
What is the point of holding bitcoin forever
and never sell it ?
...than BTC is just worthless numbers in your PC.
and never sell it ?
...than BTC is just worthless numbers in your PC.
What is the point of holding bitcoin forever
and never sell it ?
...than BTC is just worthless numbers in your PC.
and never sell it ?
...than BTC is just worthless numbers in your PC.
no one will keep their coins for ever. they surely will sell to secure profits at some point when the price reaches a level that they are happy with. for ever in this forum translates into something as a few years.
Literally first post.
When bitcoin rises to high enough values, there will be more merchants that accept it and thus instead of selling your bitcoins you simply use it in place of your current currency option [fiat currency of whatever kind]. You will be fine.
(Rewording what OP said just so newer posters can see)
Suppose: 1 bitcoin is worth $10000. In this instance, you should at least be able to use bitcoin in a lot of important areas where you need to pay. Either the bitcoin price soared, or the fiat price dropped down and you wouldn't even WANT to exchange it. Why would you sell it if you can just use it?
As in forever? You will only store your bitcoins and you dont have the intensions to sell it, how can you make money from it? Im so confused about the title.
There are people who don't use the bitcoin for their daily needs by cashing out. They have this to be the investment for future which will be more worth than the present.
What is the point of holding bitcoin forever
and never sell it ?
...than BTC is just worthless numbers in your PC.
and never sell it ?
...than BTC is just worthless numbers in your PC.
no one will keep their coins for ever. they surely will sell to secure profits at some point when the price reaches a level that they are happy with. for ever in this forum translates into something as a few years.
- snip -
The thing is it shouldn't matter what you spend your money on, you earned it or invested for it and it is your money, not someone else's. buy it or exchange it for whatever you want, and not what someone else says. Buying or selling your Bitcoin will have the same effect on the market, so it doesn't matter in the end.
The thing is it shouldn't matter what you spend your money on, you earned it or invested for it and it is your money, not someone else's. buy it or exchange it for whatever you want, and not what someone else says. Buying or selling your Bitcoin will have the same effect on the market, so it doesn't matter in the end.
the point here is that if the bitcoin price goes up and especially very high it means that bitcoin has reached the adoption stage where you can spend your bitcoin for purchasing and you don't need to sell them to fiat and use fiat for that.
and it has already begun, just look at steam as an example if you have bought bitcoin at $200 now you have twice the power to buy stuff from them with bitcoin.
This depends on whether you are rich and elite? so you have lots of money, so do not need to sell bitcoin.
whereas I myself hope of bitcoin, so it had to sell my bitcoin every week or month.
I guess you do not understand what is supposed to discussed in this thread. Come on, read the first post.whereas I myself hope of bitcoin, so it had to sell my bitcoin every week or month.
What is the point of holding bitcoin forever
and never sell it ?
...than BTC is just worthless numbers in your PC.
The point is use Bitcoin directly to buy goods instead sell it to fiat. That is not about holding. Come on, read the first post. and never sell it ?
...than BTC is just worthless numbers in your PC.
What is the point of holding bitcoin forever
and never sell it ?
...than BTC is just worthless numbers in your PC.
and never sell it ?
...than BTC is just worthless numbers in your PC.
This depends on whether you are rich and elite? so you have lots of money, so do not need to sell bitcoin.
whereas I myself hope of bitcoin, so it had to sell my bitcoin every week or month.
whereas I myself hope of bitcoin, so it had to sell my bitcoin every week or month.
I will say that we should not have to sell our bitcoins because now at every moment passing, the value of bitcoin is increasing so we should have to stay with bitcoin and have to try more to buy more bitcoins and so we will be able to earn more with the daily price increase of bitcoin.
I just think that do not sell bitcoin for now. I feel bitcoin prices will go up, if you never sell bitcoin you have, then there is no point in you are looking for bitcoin
Have you read the first post in this thread?- snip -
If bitcoin ever reaches $10,000 per bitcoin, you will NEVER see me selling for fiat paper money. You may however see me having a shopping spree at Overstock.com or TigerDirect.com or NewEgg.com! I will be buying things I want with my bitcoin profits DIRECTLY WITH BITCOIN, not selling my bitcoin for paper fiat. Hopefully by then there will be many more options, perhaps even Amazon.com will be accepting bitcoin for goods and I can have my shopping spree there.
- snip -
So, if the prices go up, we should trying to spend our Bitcoin directly to buy things instead sell our Bitcoin. That's not about the point why we are looking for Bitcoin.If bitcoin ever reaches $10,000 per bitcoin, you will NEVER see me selling for fiat paper money. You may however see me having a shopping spree at Overstock.com or TigerDirect.com or NewEgg.com! I will be buying things I want with my bitcoin profits DIRECTLY WITH BITCOIN, not selling my bitcoin for paper fiat. Hopefully by then there will be many more options, perhaps even Amazon.com will be accepting bitcoin for goods and I can have my shopping spree there.
- snip -
the point here is that if the bitcoin price goes up and especially very high it means that bitcoin has reached the adoption stage where you can spend your bitcoin for purchasing and you don't need to sell them to fiat and use fiat for that.
and it has already begun, just look at steam as an example if you have bought bitcoin at $200 now you have twice the power to buy stuff from them with bitcoin.
I just think that do not sell bitcoin for now. I feel bitcoin prices will go up, if you never sell bitcoin you have, then there is no point in you are looking for bitcoin
I also have the same feeling with you I think a few more moments prices will back up and recket. The dump good time to buy supplies bitcoin now. you will be a big profit shortly
We should not sell it if the bitcoin is at low price. But in the title he wants to say that ever so you dont have intension to sell it if the bitcoin price is at the High price. Hmm I think you need to think that you started this bitcoin because you want to earn but you want to dont sell it. Oh come on simon. Sell it so that you can gain more profit.
Jump to: