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Topic: Why You Should Never Sell Your Bitcoins Ever - page 123. (Read 270139 times)

full member
Activity: 167
Merit: 100
Good time to dump all your bitcoins and move into something tangible like American Eagles or Canadian Maples. The clowns will never agree and Bitcoin will slow to a crawl and then just die in the greed and hubris of deuchebag miners
hero member
Activity: 1274
Merit: 516
In this year selling bitcoin might be a good idea because halving is already near, but even without halving bitcoin price still can up, so its also wise to keep some bitcoin in your pocket for future transaction
legendary
Activity: 1232
Merit: 1091
You should never sell your bitcoins because of the future it has, so that is why you should not do that.
Another thing is that bitcoins is getting more popular these days and because of that the price will also go up for sure.

If you never sell any of your coins, how will you ever make profit? You have to sell at some point. It doesn't make sense to not sell to secure profits. I will definitely secure profits if the price is high enough. I'm in Bitcoin because I believe in it, but also because I am invested in it.
sr. member
Activity: 370
Merit: 250
Forza Italia
You should never sell your bitcoins because of the future it has, so that is why you should not do that.
Another thing is that bitcoins is getting more popular these days and because of that the price will also go up for sure.
hero member
Activity: 574
Merit: 500
You should never sell your bitcoins because the bitcoin has a really good future if you ask me.
Look at the halving that is coming its stupid to sell them if the price is gonna rise without any doubts right ?

No, there are doubts. No one is sure 100% that the halving will push the price up. all people are just speculate and bitcoin has always been surprising us with its market movements.
sr. member
Activity: 392
Merit: 250
Reading the responses to the recent topic titled, "I would sell all my bitcoins if…." has left me concerned.

The kinds of responses on that thread reveal a deep misunderstanding of bitcoin and the current monetary system in many of those who are speculating. Let's consider the scenario in which bitcoin reaches $1000 or let's say $10,000 per bitcoin. Many have said they will cash out if bitcoin reaches this point. Why??

If bitcoin reaches $10,000 it will have to be because the fiat currencies of the world are tumbling to worthlessness via a hyperinflation type scenario and bitcoin is the safe haven, which if you know anything about the current monetary systems of the world, you know this is inevitable. (there have been 3800 fiat currencies throughout history and EVERY SINGLE LAST ONE has crashed to worthlessness; a value of zero) Why would you then sell all of your sound money (Bitcoin) for a bunch of fiat money that is inevitably becoming worthless? I don't understand the logic in doing that.

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.

Point being, selling bitcoin for dollars seems counterproductive. Why convert your paper fiat currency into sound value storing superior bitcoin, only to sell all of your superior bitcoin back for worthless antiquated fiat currency again? Why not just spend the bitcoin itself to buy what you want instead of taking a loss by converting back into dollars which will inflate away eventually anyway?

Yes if price will be so high i won't sell them for normal money, i would buy random things that i ever wanted with bitcoins, because if price of bitcoin will be so high, bitcoin might change flat money
hero member
Activity: 714
Merit: 500
SkyFall
You should never sell your bitcoins because the bitcoin has a really good future if you ask me.
Look at the halving that is coming its stupid to sell them if the price is gonna rise without any doubts right ?
hero member
Activity: 826
Merit: 1000
You should never sell btc because there are many inflation and better you gonna buy btc in smart ways.

This is a illusion lol.

You know how long it would take to catch up with the USD inflation. If the inflation for fiat is 1.2% that means bitcoin has to match that or be less likely to be below.

Good luck on that..
full member
Activity: 210
Merit: 100
www.secondstrade.com - 190% return Binary option
It will be better if for sometime you can sell your bitcoin for trading or investment part as long as this is earning another money on its own. You should not sell your bitcoin only for beginners or those who do not have much bitcoin yet or low earning just like me this is the best advice for new earner..
legendary
Activity: 1456
Merit: 1002
You should never sell btc because there are many inflation and better you gonna buy btc in smart ways.
I think it's just smart to sell when you find a good deal, it was profitable to those who sold at $1000 since the price decreased and they could buy the same amount for less, I think you should just sell when you find a good price.

Most people who are new cant see which is a good price.

Since the price is bullish so they wait to see it increase even further so its more of information overload reasons to keep it then to sell.

But yeah everyone should have an ideal #.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
Its easy why you should never sell your bitcoins these days because the future is so good right now.
The halving is coming and it will let the price rise and the fact is that the bitcoin is growing globally in users and stores.
Maybe it is good to sell and buy and prevent from keeping or use bitcoin as a payment tool. I think 650$ is a good price for bitcoin.
hero member
Activity: 518
Merit: 500
You should not sell them because the bitcoin will go to high amount of the end of this year, due to the halving.
If everything goes well the bitcoin will go to a much higher amount and everyone can make profit.

the price can increase according to supply and demand theory.If the daily volume decreases and price increases , at a point BTC will self terminate itself.Why?If the money circulation is zero then BTC is dead.
How about when halving  , there is a hard dump even we all know bitcoin supply would decreased during halving that could lead to the bitcoin price go up high.
Will bitcoin price remain  go up as per halving? Or it's just remain in current rate  $400 ? Noone knows so I prefer balancing between spend bitcoin and hold bitcoin.
There must be of course a time to sell your coins. Otherwise you cant make profit and that will be bad. I hope that more people will have some profit later.
And that Bitcoin also will be more acceptable. That will be so good for the future and also for Bitcoin.
If lets say 1 person is in profit, the other person must be in loss.
The profit minus the loss is zero. So if u want people to profit, other people also loose money.

So winning always goes with losing, I hope u understand what I am saying.
I understand what are you saying, but I think with more demands from people, it could minimaze the people who losing from people who get profit.
Let's say 1 person losing > more demands for bitcoin > price go wild up > 1 person losing covered to profit because price go up.
hero member
Activity: 658
Merit: 500
Yeah I agree that the one who wants to make a lot of money he shouldn't sell any bitcoins as the price of it will surely rise significantly in three future

I'm holding it as tight as possible right now because I believe in bitcoin that the price will soon start growing a making new vast amounts of money
sr. member
Activity: 370
Merit: 250
Forza Italia
Its easy why you should never sell your bitcoins these days because the future is so good right now.
The halving is coming and it will let the price rise and the fact is that the bitcoin is growing globally in users and stores.
full member
Activity: 224
Merit: 100
There must be a time to sell it. Because otherwise you will not have some good profit later. And if you never sell it, you also can lose money.
And that will be not good for you. But indeed you need some patience for Bitcoin and to make some profit.
full member
Activity: 140
Merit: 100
You should never sell btc because there are many inflation and better you gonna buy btc in smart ways.
I think it's just smart to sell when you find a good deal, it was profitable to those who sold at $1000 since the price decreased and they could buy the same amount for less, I think you should just sell when you find a good price.
newbie
Activity: 55
Merit: 0
Its good to hold your coins now. Because it is not good to sell it because the price is not even that high so that is bad.
There are many people that is waiting later in the future for some more profit and that will be very good.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
There will be a time of course that you must sell your coins. Otherwise you cant make some money and that is not good.
We all hope that we can have some profit with Bitcoin, but you never know what the value will be and that is the problem.

As said waiting for the right time and holding till that time is the best option to get a good profit. When this is ignored you can't make the profit you targeted.
jr. member
Activity: 59
Merit: 10
There will be a time of course that you must sell your coins. Otherwise you cant make some money and that is not good.
We all hope that we can have some profit with Bitcoin, but you never know what the value will be and that is the problem.
hero member
Activity: 518
Merit: 500
You should never sell btc because there are many inflation and better you gonna buy btc in smart ways.

Yeah? But when? I am sorry I cannot side with you. Yes we have different opinion. I guess I will just say mine. I dont want to rot my coins in my wallet. I want some profit in it. So letting it stay there and waiting for that big jump will take long and I am impatient for that. So I do sell it and buy again.
if we know the right time to sell and buy will certainly make us rich, but there are no signs to it. so you have to sell at prices according to your feelings is right
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