Author

Topic: Why You Should Never Sell Your Bitcoins Ever - page 136. (Read 270138 times)

full member
Activity: 210
Merit: 100
Not selling you coins ever is the worst thing to do, if you are earning profits you should sell it and again wait for the price to fall down, do not hold your coins too long.
hero member
Activity: 490
Merit: 500
Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

If some people want to use the coin, they can still buy from the exchanges and use them, but the price will be higher.
of course, if many people continue to save their bitcoin wallet. bitcoin number will continue to decrease, and this will make getting a little stock or the number of bitcoin on the market, and will make the price to rise #just IMO
full member
Activity: 196
Merit: 100
seriously man?
what about buying food? are you sure there is a shop sells any kind of food that accept bitcoin? or shop that sells anything you need, not you want?
so I think it's impossible not to sell any bitcoin

Mate they are talking about converting their bitcoins to fiat currency, and we know that there are not many shops that accepts bitcoins, so its better to convert to fiat and continue the process.
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
seriously man?
what about buying food? are you sure there is a shop sells any kind of food that accept bitcoin? or shop that sells anything you need, not you want?
so I think it's impossible not to sell any bitcoin
hero member
Activity: 504
Merit: 500
I don't think that I will keep my bitcoins idle forever, I mean it would be useless to keep on holding without using it, we are earning bitcoins so that we can spend some day, So If price goes higher I would definitely sell my coins.
yeah would be very unfortunate and unemployed simply hold coins. it would be better if you hold while investment
full member
Activity: 238
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
Never sell bitcoins? Then why gather them in the first place? What's the point of money if not to be spent?

Yeah, if you hold bitcoins then you need to spend, no use of keeping it idle, and if you does so then bitcoin would loose its shine so its better to sell and rebuy when the price drops down.
member
Activity: 84
Merit: 10
Bitcoin is a great way to exchange valuable things, hope to do it at my best with my project.
sr. member
Activity: 378
Merit: 250
Never sell bitcoins? Then why gather them in the first place? What's the point of money if not to be spent?
sr. member
Activity: 420
Merit: 250
You should never sell your bitcoins because its there comes a point the bitcoin will get a official currency and than you can get rich for sure, think about that.
I think the bitcoin is getting a lot bigger these next years, plus the halving is also coming so the price will jump.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody

Yeah and that is the reason people hesitate to invest their money into bitcoins, as they have a fear of loosing their money if the price drops down extremely, its all about luck after all.

As long as you do not buy the bitcoin after the price shoot up 200%, you will make profit in the medium term.

But what's the timeframe you're referring to? What is "after"?
The price shoot up in 2013 and went down to become stable for a couple months in the middle of 2014, but then it went down again. Is 6 months enough to buy again after the jump? Maybe 12 months?

Look at November 2015 the price went from 300 to 500 USD and fell down to 400 and later to a bit over 300. Even if you bought on the rise at over 400 USD you still made money because a month later the price reached 460 again after falling from 500 to 300.

Buying when the price is shooting up or right after it starts falling doesn't mean you won't make profit.
hero member
Activity: 714
Merit: 500
Well I think you should not sell your bitcoins for a long time because the halving is coming this year so that is one reason to hold them for a long time, and if you think about the future there will come a halving again in the future in 2020.
So if you hold your bitcoins you can maybe get really rich by holding your bitcoins for the next halving.
full member
Activity: 238
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
Luck and a good deal of know-how. Read all you can before trading.
sr. member
Activity: 420
Merit: 250

Yeah and that is the reason people hesitate to invest their money into bitcoins, as they have a fear of loosing their money if the price drops down extremely, its all about luck after all.

As long as you do not buy the bitcoin after the price shoot up 200%, you will make profit in the medium term.
Of course there will be a time that you can also sell your coins. But you must wait for the right time. I hope later that more people will invest.
And that it will become more popular. Now it is time to buy Bitcoin not sell it the value is not so high now.
full member
Activity: 182
Merit: 100
I would sell all my coins if the value reaches to $1k, that's the target I have in my mind, if it reaches to that level I would surely sell all my bitcoins, even if I have to wait long, I am ready for it.
sr. member
Activity: 266
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice

Yeah and that is the reason people hesitate to invest their money into bitcoins, as they have a fear of loosing their money if the price drops down extremely, its all about luck after all.

As long as you do not buy the bitcoin after the price shoot up 200%, you will make profit in the medium term.
full member
Activity: 210
Merit: 100
Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

If some people want to use the coin, they can still buy from the exchanges and use them, but the price will be higher.
There is a possibility for decreasing prices and in that time the guys who hold all of their bitcoins will not benefit it.

Yeah, its better to keep on spending our bitcoins on regular basis, do not wait too long for price hike as we are not sure where bitcoin will reach in future, if there is a little pump we should sell our bitcoins.
Maybe people need to sell some of bitcoin and not all of it when there is volatility. However in other markets when prices are unstable, professionals usually do not do deal.


Ofcourse there will be a time that you can sell the coins. But you must sell it for a good value and price.
Otherwise you dont get profit and that wont be good. Just wait and sell it with a value that has rise for a long time. So have patience.

But you cannot be sure that what is the best price to sell, if today the price is $1k you sell it, and the next day the price reaches to $2k and you regret.

Exactly that is the point! You can never ensure what is the best price and what is the right time for selling that's why make investment with negative and positive risks.

Yeah and that is the reason people hesitate to invest their money into bitcoins, as they have a fear of loosing their money if the price drops down extremely, its all about luck after all.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

If some people want to use the coin, they can still buy from the exchanges and use them, but the price will be higher.
There is a possibility for decreasing prices and in that time the guys who hold all of their bitcoins will not benefit it.

Yeah, its better to keep on spending our bitcoins on regular basis, do not wait too long for price hike as we are not sure where bitcoin will reach in future, if there is a little pump we should sell our bitcoins.
Maybe people need to sell some of bitcoin and not all of it when there is volatility. However in other markets when prices are unstable, professionals usually do not do deal.


Ofcourse there will be a time that you can sell the coins. But you must sell it for a good value and price.
Otherwise you dont get profit and that wont be good. Just wait and sell it with a value that has rise for a long time. So have patience.

But you cannot be sure that what is the best price to sell, if today the price is $1k you sell it, and the next day the price reaches to $2k and you regret.

Exactly that is the point! You can never ensure what is the best price and what is the right time for selling that's why make investment with negative and positive risks.
full member
Activity: 196
Merit: 100
Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

If some people want to use the coin, they can still buy from the exchanges and use them, but the price will be higher.
There is a possibility for decreasing prices and in that time the guys who hold all of their bitcoins will not benefit it.

Yeah, its better to keep on spending our bitcoins on regular basis, do not wait too long for price hike as we are not sure where bitcoin will reach in future, if there is a little pump we should sell our bitcoins.
Maybe people need to sell some of bitcoin and not all of it when there is volatility. However in other markets when prices are unstable, professionals usually do not do deal.


Ofcourse there will be a time that you can sell the coins. But you must sell it for a good value and price.
Otherwise you dont get profit and that wont be good. Just wait and sell it with a value that has rise for a long time. So have patience.

But you cannot be sure that what is the best price to sell, if today the price is $1k you sell it, and the next day the price reaches to $2k and you regret.
sr. member
Activity: 364
Merit: 250
Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

If some people want to use the coin, they can still buy from the exchanges and use them, but the price will be higher.
There is a possibility for decreasing prices and in that time the guys who hold all of their bitcoins will not benefit it.

Yeah, its better to keep on spending our bitcoins on regular basis, do not wait too long for price hike as we are not sure where bitcoin will reach in future, if there is a little pump we should sell our bitcoins.
Maybe people need to sell some of bitcoin and not all of it when there is volatility. However in other markets when prices are unstable, professionals usually do not do deal.


Ofcourse there will be a time that you can sell the coins. But you must sell it for a good value and price.
Otherwise you dont get profit and that wont be good. Just wait and sell it with a value that has rise for a long time. So have patience.
full member
Activity: 224
Merit: 100
I don't think that I will keep my bitcoins idle forever, I mean it would be useless to keep on holding without using it, we are earning bitcoins so that we can spend some day, So If price goes higher I would definitely sell my coins.
Jump to: