Author

Topic: Why You Should Never Sell Your Bitcoins Ever - page 129. (Read 270139 times)

full member
Activity: 224
Merit: 100
There must be a time to sell it otherwise you cant earn some money. If you never want to sell your coins. Why do you have Bitcoins ?
Of course you must wait a while to make some profit later in the future. Otherwise it is easy money and that is not.
hero member
Activity: 994
Merit: 500
You should never do this due to the point the bitcoin has a very good future a head with its potential possibility to take over the world.
Also the fact is that the bitcoin can go to high amounts because of the future it has right now.
legendary
Activity: 2170
Merit: 1427
You should never sell them because the bitcoin got a good future a head, its also growing everyday and that is already a good sign.
The fact is that the bitcoin can be worth much in the future and that is why you should not sell them, you will lose a lot of profit at the end.

Never doesn't exist when it comes to Bitcoin. The majority of the people can't even hold their coins for 6 months without touching/moving their coins.
sr. member
Activity: 364
Merit: 250
There must be a time to sell your coins. Otherwise you cant make profit and that will be bad. You just have only to wait.
And that is all. But indeed you can wait a long time if it is not rising and that is bad. But just have patience.
sr. member
Activity: 448
Merit: 250
You should never sell them because the bitcoin got a good future a head, its also growing everyday and that is already a good sign.
The fact is that the bitcoin can be worth much in the future and that is why you should not sell them, you will lose a lot of profit at the end.
sr. member
Activity: 364
Merit: 250
Its good of course to hold your coins. Because otherwise you are going sell it too early and that is not good.
I hope that more people will save it and that they are going to sell it later with profit.
legendary
Activity: 3206
Merit: 1213
casinosblockchain.io
You should never sell your bitcoins because the price is gonna rise for sure no doubts about that so that is why.
The halving will let the price go to a high amount for sure.

The quote can also be considered as a reason and one more thing with bitcoin is, rather than earning it as a source better to have it as a earning for future. That's the reason never sell bitcoin.
sr. member
Activity: 364
Merit: 250
You should never sell your bitcoins because the price is gonna rise for sure no doubts about that so that is why.
The halving will let the price go to a high amount for sure.
full member
Activity: 126
Merit: 100
Selling at a good price would be a win-win situation IMO, holding the BTC always might not be the best decision.
newbie
Activity: 49
Merit: 0
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?

Selling at least part of your BTC near the top of huge rallies (to buy back cheaper) can be an extremely profitable approach.
Also, as fiat gets weaker paying attention to the BTC/gold prices will give valuable clues about the "real price" of Bitcoin.

Yes. Many people wants profit that's why they are making moves when there's a big rally. And even at $1000 many will take profit so how come to $10,000. The $10,000 will never happened. Majority of bitcoin users are here to profit and not to take deeply the bitcoin technology.
full member
Activity: 238
Merit: 100
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?

of course you should never sell your bitcoin because you will kill price even lover, if you would keep them for while you will get more money later  if you'll sell them later, always trust in bitcoin, even after larger falls they always rise to top
sr. member
Activity: 364
Merit: 250
There must be a time that you must sell your coins of course. Other wise you cant make profit and have no money.
So that will be not good. If you sell it than you can make later some profit and that will be good.
hero member
Activity: 938
Merit: 501
I have only invested that which I am prepared to lose and that which I don't need.
My holding horizon is 5-10 years. Lets see what happens!
sr. member
Activity: 420
Merit: 250
You should never sell your bitcoins because the bitcoin are worth a lot if you ask me, the fact is that the will gonna increase in the price for sure.
The halving is also coming this year!
sr. member
Activity: 243
Merit: 250
I never sell my bitcoins.
I usually purchase goods /services when price is high.
Mostly they are spent for mobile recharge and purchasing clothes.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
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?

Selling at least part of your BTC near the top of huge rallies (to buy back cheaper) can be an extremely profitable approach.
Also, as fiat gets weaker paying attention to the BTC/gold prices will give valuable clues about the "real price" of Bitcoin.
hero member
Activity: 756
Merit: 500
If you hold your btc for a long time, maybe it will worth less than when you would won it, and if the "effort" stills the same (unless for miners), you'll lose, because, time is money, and you're privating yourself of using it when it has the same value that something you wanted or needed. I mean, maybe you win/pay some BTC today, and you need to pay some bills... you need the money, and the btc value today is U$412. After a year, the "difficulty" to win the same BTC could be the same, but you paid your bills, and some guys are keeping BTC and are making loans, just to hold the maximum BTC they can, but the interest don't worth and the convenience to pay your bills worth a lot, even if you use your precious coin, nothing guarantees you that BTC will be costing more than it is today. I don't know if I'm clear, but the conversation is something like this (in this way at least). Won't be too long. That's it.  Cool
legendary
Activity: 1008
Merit: 1000
Well most people are with the same thinking holding till the halving,but when would be the right moment to sell the bitcoins,when the price hit 500 or wait the bitcoin halving moment to finish the correction into the value of bitcoin.If bitcoin hit 800 dollars at halving several will dump their coins into it.

But that would be a good price to sell if the value reaches there and it is recommended to sell you bitcoins and why you would hesitateif the price is giving you some good profits.

Yes i think if bitcoin price is good then you should keep on selling and start making money out of it as holdling too long can be unprofitable in long run if the price drops extremely so again you need to wait until it rise.
hero member
Activity: 868
Merit: 1000
Well most people are with the same thinking holding till the halving,but when would be the right moment to sell the bitcoins,when the price hit 500 or wait the bitcoin halving moment to finish the correction into the value of bitcoin.If bitcoin hit 800 dollars at halving several will dump their coins into it.

But that would be a good price to sell if the value reaches there and it is recommended to sell you bitcoins and why you would hesitateif the price is giving you some good profits.
legendary
Activity: 2030
Merit: 1030
Privacy is always important
Well most people are with the same thinking holding till the halving,but when would be the right moment to sell the bitcoins,when the price hit 500 or wait the bitcoin halving moment to finish the correction into the value of bitcoin.If bitcoin hit 800 dollars at halving several will dump their coins into it.
For some traders they can still want to make a profit that's why the price still playing around 500-700 and i think after halving its can't affect very fast we will wait more months before the price can affect or gradually effect for the bitcoin price..
Yeah if they reach the goal that the price will increase to high around 500-700 i think more people will sell so that the price will be back again just like today's price..
Jump to: