Why You Should Never Sell Your Bitcoins Ever - page 117.

Olaf

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Quote from: umaOuma on April 13, 2016, 11:40:19 AM

Quote from: chaser15 on April 13, 2016, 10:37:59 AM

What is the point that you are waiting for the price increase if you don't want to sell your bitcoins ever.

I think it's better if we circulate our coins. More demands more boost in price.

No one is willing to sell their coins at a moment as everyone is having high hopes from halving so majority of us are holding for bitcoin, but as you said it should be rotated to see higher price in future.

This whole hoarding bitcoin though is ridiculous sort of.

If we know the prices will sky rocket, what price do we settle that the halving has done enough lol. I think a person should just have an ideal price profit point so they dont go crazy when to sell lol.

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Quote from: Newcoins2020 on April 13, 2016, 05:42:38 AM

Selling your bitcoins is just not smart in my opinion because the bitcoin is now gaining popularity so selling would let you lose profit.
Plus the halving that is coming will also let the price rise, I do not think its smart because of this 2 reasons.

Well, not for people who trades Bitcoin on daily basis. Also, when halving occur, it doesn't mean that the price will dramatically rise. It could, but I think the price will be stable for a few week or so before it start to have effect on the price.

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Quote from: chaser15 on April 13, 2016, 10:37:59 AM

What is the point that you are waiting for the price increase if you don't want to sell your bitcoins ever.

I think it's better if we circulate our coins. More demands more boost in price.

No one is willing to sell their coins at a moment as everyone is having high hopes from halving so majority of us are holding for bitcoin, but as you said it should be rotated to see higher price in future.

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if you never sell bitcoin, so what purpose have to look for bitcoin Grin

but now I understand why this is not the right time to sell bitcoin, because in the near future the price will be high bitcoin, and bitcoin may be hunted for investors

chaser15

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What is the point that you are waiting for the price increase if you don't want to sell your bitcoins ever.

I think it's better if we circulate our coins. More demands more boost in price.

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Quote from: coinyard on April 13, 2016, 06:39:33 AM

Quote from: Newcoins2020 on April 13, 2016, 05:42:38 AM

Selling your bitcoins is just not smart in my opinion because the bitcoin is now gaining popularity so selling would let you lose profit.
Plus the halving that is coming will also let the price rise, I do not think its smart because of this 2 reasons.

I think the bitcoin price will rise in the next few years, it could be $4000 in 4 years, so it is better not to sell now.

Selling Bitcoin will be only not bad if you can get some profit with it and that is indeed after some 2 years and yes it is a long time but we must handle it otherwise you cant make profit.
Around this time it is good to hold and trade to make some a little bit profit.

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Quote from: Newcoins2020 on April 13, 2016, 05:42:38 AM

Selling your bitcoins is just not smart in my opinion because the bitcoin is now gaining popularity so selling would let you lose profit.
Plus the halving that is coming will also let the price rise, I do not think its smart because of this 2 reasons.

I think the bitcoin price will rise in the next few years, it could be $4000 in 4 years, so it is better not to sell now.

Newcoins2020

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Selling your bitcoins is just not smart in my opinion because the bitcoin is now gaining popularity so selling would let you lose profit.
Plus the halving that is coming will also let the price rise, I do not think its smart because of this 2 reasons.

NordicRanger

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I sometimes sell my bitcoins but people believe that the future price of the bitcoin will be higher then ever so they save their bitcoins for then. I also to that but I sell sometimes if I need some money.

martinacar

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You should indeed never sell your bitcoins because the bitcoin has a really good future if you ask me.
The fact is that the halving is coming so this year you should not consider it to sell honestly, if the future is even better for a longer term we should never sell them.

Herbert2020

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Quote from: Icathia on April 13, 2016, 02:45:20 AM

Quote from: Crazygreek on April 11, 2016, 05:41:03 PM

Quote from: maxj57634 on April 11, 2016, 07:42:17 AM

If you have other means to earn money than bitcoin then selling your bitcoin is not an option but if you dont have any ways to earn money then trading your bitcoin is the only way to earn money.

People just can't understand that bitcoin is not gold and it will not have value a lot of time and better to make money now, for bright future.

Never selling Bitcoin is not that best way to make money but the save some money only and that is the only thing that you are not selling, with selling you can earn money with it.
And that is quite good if the value is high and that you can get some huge profit with it, but that will takes a long time for it.

you didn't read or understand what the topic is all about.
it is not about making money, this is a bad way of thinking about bitcoin. bitcoin is not just an investment that you buy and sleep on it and one day you become rich.
it is about the future that the price will be higher and bitcoin can be used instead of paper money so there is no need for the conversion.

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Quote from: Crazygreek on April 11, 2016, 05:41:03 PM

Quote from: maxj57634 on April 11, 2016, 07:42:17 AM

If you have other means to earn money than bitcoin then selling your bitcoin is not an option but if you dont have any ways to earn money then trading your bitcoin is the only way to earn money.

People just can't understand that bitcoin is not gold and it will not have value a lot of time and better to make money now, for bright future.

Never selling Bitcoin is not that best way to make money but the save some money only and that is the only thing that you are not selling, with selling you can earn money with it.
And that is quite good if the value is high and that you can get some huge profit with it, but that will takes a long time for it.

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Quote from: chaosknight on April 12, 2016, 03:49:59 PM

I just sold today 0.25 btc what should I do keep on holding? If I need my fiat then I will surely sell it why to wait for future again to fall bitcoin fall back to $100 I believe in earning and spending.

no mate, there will not be any chance for bitcoin to fall back to $100, as halving is near we can observe a significant price rise at the time of halving. you can obtain a good profit if you hold on your coins till halving, but for your needs or emergency cases you can sell it as the price is not too bad now.

chaosknight

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I just sold today 0.25 btc what should I do keep on holding? If I need my fiat then I will surely sell it why to wait for future again to fall bitcoin fall back to $100 I believe in earning and spending.

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Quote from: eddyubachs on April 12, 2016, 12:30:17 PM

Quote from: CryptoBjorn on April 12, 2016, 07:19:58 AM

Quote from: rababo on April 12, 2016, 06:53:53 AM

It depends on the feeling of individuals.
Some people feel better if they hold some bitcoins in their wallet, and some people like to use it for trading, investment, or gambling.

You are right but I think the most individuals want to make profit these days and by not selling this is easy and pretty simple.
If we just have patience and wait for the halving the bitcoin will rise soon or later this year and we can all sell them now because than its a good time to sell them right ?

Yes I think holding till halving can be good, as the experts have specifically said that the price will rise at the time of halving so selling at that point will be more profitable.

I think all people here are waiting for block halving to be done.. not only you and me.. is if you still holding more bitcoin while blcok halving is coming,.. you can make more profit.. or buy bitcoins right now and sell it when block halving is done and i think the price will reach around 600-800 value each.. and the effect of bitcoin block halving is not fast and it takes few months to that the price will increase more after halving..

Olaf

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I`ll shoot myself in the foot if we actually used bitcoin as a traditional replacement for our current monetary system.

Until then, I`m just selling all of it and placing my money where I see profit. lol.

eddyubachs

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Quote from: CryptoBjorn on April 12, 2016, 07:19:58 AM

Quote from: rababo on April 12, 2016, 06:53:53 AM

It depends on the feeling of individuals.
Some people feel better if they hold some bitcoins in their wallet, and some people like to use it for trading, investment, or gambling.

You are right but I think the most individuals want to make profit these days and by not selling this is easy and pretty simple.
If we just have patience and wait for the halving the bitcoin will rise soon or later this year and we can all sell them now because than its a good time to sell them right ?

Yes I think holding till halving can be good, as the experts have specifically said that the price will rise at the time of halving so selling at that point will be more profitable.

CryptoBjorn

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Quote from: rababo on April 12, 2016, 06:53:53 AM

It depends on the feeling of individuals.
Some people feel better if they hold some bitcoins in their wallet, and some people like to use it for trading, investment, or gambling.

You are right but I think the most individuals want to make profit these days and by not selling this is easy and pretty simple.
If we just have patience and wait for the halving the bitcoin will rise soon or later this year and we can all sell them now because than its a good time to sell them right ?

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Quote from: Crazygreek on April 11, 2016, 05:41:03 PM

Quote from: maxj57634 on April 11, 2016, 07:42:17 AM

If you have other means to earn money than bitcoin then selling your bitcoin is not an option but if you dont have any ways to earn money then trading your bitcoin is the only way to earn money.

People just can't understand that bitcoin is not gold and it will not have value a lot of time and better to make money now, for bright future.

The times for quick profits are over. If you want to make great profits you should keep holding your coins for at least a few years. Because I seriously believe Bitcoin will have a great future ahead of itself. That's why I consider myself to be a long term Bitcoin holder and not a short term minded investor.

rababo

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It depends on the feeling of individuals.
Some people feel better if they hold some bitcoins in their wallet, and some people like to use it for trading, investment, or gambling.

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