Why You Should Never Sell Your Bitcoins Ever - page 131.

pneumatic5

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Quote from: praprata on March 09, 2016, 04:54:04 AM

You should just not sell your bitcoins because the price will go to a much higher point soon or later.
I even think there is a chance by just using the bitcoin as a investment and in a long term you can get really rich.

Yeah I hope what you are saying can be true in future, investing in bitcoins is little risky as no is sure about its future, but I think we should take that risk and invest in it at a moment.

praprata

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You should just not sell your bitcoins because the price will go to a much higher point soon or later.
I even think there is a chance by just using the bitcoin as a investment and in a long term you can get really rich.

Betwrong

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Quote from: coinyard on March 08, 2016, 05:51:47 AM

Quote from: ultimatesky on March 07, 2016, 07:35:32 PM

The bitcoin is gonna increase to a high amount for sure, so selling them now would be stupid in my opinion.
Also think about the fact the bitcoin is the future of all currency's , everything is gonna be digital.

the Bitcoin price is still quite low. I think it is forming a base now, which is around $400. So it is better not to sell.

No way the base for Bitcoin is around $400. It is around $500 and you'll see it yourself pretty soon. If the base were around $400 like you said then it is time to sell now because it is still over $400, but I don't think that anyone who is selling now will be satisfied with his decision in the future.

Altynbekova

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Quote from: romero121 on March 09, 2016, 03:01:21 AM

Quote from: stromma44 on March 08, 2016, 02:33:39 PM

Quote from: tn211 on March 08, 2016, 01:16:29 PM

Well you should never sell your bitcoins because the halving is coming and the bitcoin will increase in his price.
Also think about the fact the bitcoin is getting bigger everyday.

Holding till halving is good, but don't hold it for longer period of time as you never know that would be the price in future, if the price drops then you can loose your profits, sell when the price is good.

Hold and sell as suggested is a good option, but if the Bitcoin is you are not into making profit just hold it. Soon in the future when adoption of Bitcoin reach certain limit Bitcoin might get circulated in physical form, at that time you can use.

Holding now is indeed the best option, and that will be very good, there is no reason to sell it and that is not good.
We all hope that it will rise for a long time later in the future, and that the most people can get some profit. And that will be good.

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Quote from: stromma44 on March 08, 2016, 02:33:39 PM

Quote from: tn211 on March 08, 2016, 01:16:29 PM

Well you should never sell your bitcoins because the halving is coming and the bitcoin will increase in his price.
Also think about the fact the bitcoin is getting bigger everyday.

Holding till halving is good, but don't hold it for longer period of time as you never know that would be the price in future, if the price drops then you can loose your profits, sell when the price is good.

Hold and sell as suggested is a good option, but if the Bitcoin is you are not into making profit just hold it. Soon in the future when adoption of Bitcoin reach certain limit Bitcoin might get circulated in physical form, at that time you can use.

stromma44

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Quote from: tn211 on March 08, 2016, 01:16:29 PM

Well you should never sell your bitcoins because the halving is coming and the bitcoin will increase in his price.
Also think about the fact the bitcoin is getting bigger everyday.

Holding till halving is good, but don't hold it for longer period of time as you never know that would be the price in future, if the price drops then you can loose your profits, sell when the price is good.

tn211

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Well you should never sell your bitcoins because the halving is coming and the bitcoin will increase in his price.
Also think about the fact the bitcoin is getting bigger everyday.

peta4e

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I don't think that we should forever hold our coins without selling it, that would be the worst way to treat your coins, as only holding will not allow bitcoin to grow in future so it would be good if we keep on selling and spending our coins as and when required.

avw1982

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Quote from: ultimatesky on March 07, 2016, 07:35:32 PM

The bitcoin is gonna increase to a high amount for sure, so selling them now would be stupid in my opinion.
Also think about the fact the bitcoin is the future of all currency's , everything is gonna be digital.

I would not go with your point the reason to accept as we should not sell the bitcoin. I am thinking bitcoin is having very high value than fiat even better than gold.
Its all because Its digitalization and its price value around the world.

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Quote from: ~Bitcoin~ on March 08, 2016, 12:14:52 PM

I am only using my bitcoin to invest in sites, do altcoin trading (don't have enough for bitcoin trading) till halving but i am not sure when i will sell those coins. I believe in bitcoin so storing them to spend better life in future.

Saving will be more profitable in future, if you sell right now then you will not able to make some good money from it as the price is not very good now, so if you hold and sell at the time of halving, you can earn good money.

~Bitcoin~

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I am only using my bitcoin to invest in sites, do altcoin trading (don't have enough for bitcoin trading) till halving but i am not sure when i will sell those coins. I believe in bitcoin so storing them to spend better life in future.

Altynbekova

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There should be a time that you must sell your Bitcoin. If you never sell your coins, you cant make some profit and that will be not good.
Just wait a while and just look at the value and sell it at the right moment, when you think that is a good price to sell it.

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Quote from: HarryKPeters on March 08, 2016, 11:04:29 AM

Quote from: ctlaltdefeat on March 07, 2016, 11:04:03 PM

Quote from: BitProdigy on July 19, 2015, 10:43:04 PM

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?

i'm not sure with that,i think we should sell our coins many time,its only for trading bitcoins Grin

and as long we never know that bitcoin will reach that price,its okay to sell some coins,but i will make sure that i can buy it back,and keep it for investement.

there will be a time of course that you must sell your Bitcoins. Other wise you cant make some profit and that will be not good.
You only have to wait for a good value, than you can sell it for a high price and than you have some more money later in the future.

It is advisable to sell our bitcoin on a regular interval as only holding will not grow bitcoins in future, it should be spent and used that will take the value of bitcoins to a new level, so sell it whenever you feel that the price is good to sell.

HarryKPeters

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Quote from: ctlaltdefeat on March 07, 2016, 11:04:03 PM

Quote from: BitProdigy on July 19, 2015, 10:43:04 PM

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?

i'm not sure with that,i think we should sell our coins many time,its only for trading bitcoins Grin

and as long we never know that bitcoin will reach that price,its okay to sell some coins,but i will make sure that i can buy it back,and keep it for investement.

there will be a time of course that you must sell your Bitcoins. Other wise you cant make some profit and that will be not good.
You only have to wait for a good value, than you can sell it for a high price and than you have some more money later in the future.

DeDordtenaar

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Quote from: nejibens on March 08, 2016, 08:42:08 AM

I think that holding the bitcoins nowadays could be really profitable as we expect the highest price after the next halving this year.

I think many people do not have the patience to hold their bitcoin from now. for halving still four months away, long time enough dude. you can use your bitcoin for trading. it was much better. i think

eddyubachs

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Quote from: Hellacopter on March 08, 2016, 09:11:26 AM

Quote from: winspiral on March 08, 2016, 08:40:03 AM

Quote from: Hashminers on March 08, 2016, 08:38:21 AM

You should never sell you bitcoins because the bitcoin are gonna have a price increase for sure this year.
Also the people are believing again in the bitcoin so it would be stupid do this.

you are funny...
if never sold...than never bought...then the price never changes...(lol)

You are right, bitcoin, as other currencies, should be traded to go up and the best method to support this powerful crypto currency is just trade it by buying and selling online. However i think holding some coins nowadays could being profitable idea

I think that holding at a moment is good, but we need to keep on spending our bitcoins, as if bitcoins are spent than we can expect much higher price in future, so if you never sell your bitcoins it will loose all its value in long run.

Hellacopter

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Quote from: winspiral on March 08, 2016, 08:40:03 AM

Quote from: Hashminers on March 08, 2016, 08:38:21 AM

You should never sell you bitcoins because the bitcoin are gonna have a price increase for sure this year.
Also the people are believing again in the bitcoin so it would be stupid do this.

you are funny...
if never sold...than never bought...then the price never changes...(lol)

You are right, bitcoin, as other currencies, should be traded to go up and the best method to support this powerful crypto currency is just trade it by buying and selling online. However i think holding some coins nowadays could being profitable idea

nejibens

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I think that holding the bitcoins nowadays could be really profitable as we expect the highest price after the next halving this year.

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Quote from: Hashminers on March 08, 2016, 08:38:21 AM

You should never sell you bitcoins because the bitcoin are gonna have a price increase for sure this year.
Also the people are believing again in the bitcoin so it would be stupid do this.

you are funny...
if never sold...than never bought...then the price never changes...(lol)

Hashminers

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You should never sell you bitcoins because the bitcoin are gonna have a price increase for sure this year.
Also the people are believing again in the bitcoin so it would be stupid do this.

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