Why You Should Never Sell Your Bitcoins Ever - page 141.

goinmerry

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Quote from: kanazawa on February 09, 2016, 06:08:29 PM

Yeh, I sold my BTC to pay my bills twice and I regret a lot for that... I think ~5.6BTC in the first time and ~6.8BTC in the second time...

In the beginning 2014 I was mining ~0.1 (I think) each day -- mining with a two S1... I don't know exactly because I don't have the record, but I was having good profits, very good I mean, much more than with some sort of miner which has the same price of them in these days.... So, I won't sell BTC anymore, and now I'm exchanging my currency for BTC at the maximum that I can. I think this ~U$374 is a very very goood price to buy BTC

Cool

I feel you here man. I sold some for paying some. But it is okay. We are working for that purpose and we should use it. Different people here have different usage of bitcoin. And our side we use it to pay some bills and that is cool because we are using it in a convenient way.

chennan

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Quote from: ?? on ??

Quote from: JAyThaRevo on February 09, 2016, 08:56:02 PM

I am waiting for next block halving and I hope that price will go higher after halving so would sell all my coins at that time, and again buy when price drops down, as selling at a moment is not a great idea I guess.

That's true, but how can you be sure that price will climb up after halving? Nothing is guaranteed, so its better you sell your bitcoins if you are earning a little profit out of it and again buy when price drops down.

Yeah, honestly I don't see how people can have this safe and comfy view point on how the Bitcoin market works... There are a lot of factors that go into price speculation, and honestly I think people are starting to realize that there are big problems going on with Bitcoin core infrastructure which is the block chain and the block size debates. There are some other factors, but I think this is a very big one.

JAyThaRevo

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I am waiting for next block halving and I hope that price will go higher after halving so would sell all my coins at that time, and again buy when price drops down, as selling at a moment is not a great idea I guess.

angryrob

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Quote from: blackmachinegun on February 09, 2016, 07:20:57 PM

Quote from: HostSurf on February 05, 2016, 09:49:03 AM

You should never do it because there is a good future a head for the bitcoin.
I think the bitcoin will rise to a high amount soon or later.

it does not mean we should not sell our bitcoin now. it is okay. when you need the money or to state something important you could sell,
but I would prioritize our bitcoin to be save in future

Yeah holding is good, but if you need money at the time of emergencies, do not hesitate in selling your bitcoins and converting it to fiat, as we all know that bitcoin price is not stable we can re buy in future when price falls down.

blackmachinegun

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Quote from: HostSurf on February 05, 2016, 09:49:03 AM

You should never do it because there is a good future a head for the bitcoin.
I think the bitcoin will rise to a high amount soon or later.

it does not mean we should not sell our bitcoin now. it is okay. when you need the money or to state something important you could sell,
but I would prioritize our bitcoin to be save in future

kacak41

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I will surely sell my bitcoins if I am earning profits at a moment, I don't have patience to wait for many years, but just waiting that it reaches $500 so that I can sell my bitcoins and enjoy the profits as I bought it when the price was $250.

shogdite

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Quote from: newcoins1978 on February 09, 2016, 04:45:54 PM

You should not sell your bitcoins at all.
This is because the bitcoin is the future of all currency's.
Also the bitcoin will rise soon or later to a high price.

If you believe there is going to be a bit of chaos in the next few months it will be a good time to sell some of your stash to short the market,risky but will more than likely pay off as there is bound to be a shake before the great halving pump that everyone is expecting. Btc is not going to be the future of all currencies but hopefully it will live a longside the currencies of the future.To answer op i will only sell in the attempt to earn more, sooner or later your scenario will happen and it will not be worth selling Btc for worthless inflated fiat.

kartaggen

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At present selling is not profitable as the price is not too high, you need to hold it for atleast next 3 months, as the price would be much higher in next 3 months, so I am holding and will sell it after halving is done.

kanazawa

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Yeh, I sold my BTC to pay my bills twice and I regret a lot for that... I think ~5.6BTC in the first time and ~6.8BTC in the second time...

In the beginning 2014 I was mining ~0.1 (I think) each day -- mining with a two S1... I don't know exactly because I don't have the record, but I was having good profits, very good I mean, much more than with some sort of miner which has the same price of them in these days.... So, I won't sell BTC anymore, and now I'm exchanging my currency for BTC at the maximum that I can. I think this ~U$374 is a very very goood price to buy BTC

Cool

newcoins1978

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You should not sell your bitcoins at all.
This is because the bitcoin is the future of all currency's.
Also the bitcoin will rise soon or later to a high price.

jkrules

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Quote from: BeGoods on February 09, 2016, 10:35:14 AM

Quote from: doctor877 on February 07, 2016, 09:04:29 AM

Quote from: iamthesky on February 06, 2016, 04:46:06 PM

Right now the price is not too high, so if you sell at a moment you won't get benefited, but if you have bought your bitcoins at the $250 mark, then you are already into profits, if you sell at a moment you still enjoy profits, but holding right now can proved to be more profitable in future.

Yes, but it doesn't mean that we will never sell our bitcoins, I would sell if I am earning profits out of it even tomorrow, rather then waiting for next 10 years, as the price fluctuation is a continuous process when it comes to bitcoins.

correct. if we want to wait more patiently maybe we can get more profit but if you buy a bitcoin is below of the current price right now I would sell now, though profit not so great, I can buy again next day or two, because bitcoin is very volatile

Exactly, that is the perfect way to multiply your bitcoins and also you can earn a good profit out of it, as only holding will not serve the purpose, you need to keep bitcoins moving into market, then only the price will go high.

BeGoods

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Quote from: doctor877 on February 07, 2016, 09:04:29 AM

Quote from: iamthesky on February 06, 2016, 04:46:06 PM

Right now the price is not too high, so if you sell at a moment you won't get benefited, but if you have bought your bitcoins at the $250 mark, then you are already into profits, if you sell at a moment you still enjoy profits, but holding right now can proved to be more profitable in future.

Yes, but it doesn't mean that we will never sell our bitcoins, I would sell if I am earning profits out of it even tomorrow, rather then waiting for next 10 years, as the price fluctuation is a continuous process when it comes to bitcoins.

correct. if we want to wait more patiently maybe we can get more profit but if you buy a bitcoin is below of the current price right now I would sell now, though profit not so great, I can buy again next day or two, because bitcoin is very volatile

diodio5

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Quote from: angaper on January 31, 2016, 06:57:49 PM

I agree. It is not so good to spend our bitcoins these early times, when the bitcoin story is just starting and the future seems so promising, then we should try to keep them as long as possible.

yeah it's better not to waste bitcoin and sell bitcoin. because the future is very promising, it is better to save as much as you can for the future,
and not too extravagant in spending bitcoin

coinyard

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I mine bitcoin and hold some and use some. I do not have to sell to make a living as I have other income.

ajun96

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Quote from: DaddyMonsi on February 08, 2016, 11:10:01 PM

I would sell Bitcoins but not all of them, I will keep a stash somewhere using a paper wallet because for some reason I feel Bitcoin will be big when my kids are all grown up. They will have good use of it and maybe rate is much higher compare to what we have today.

correct. for future savings, I never sell all bitcoin, perhaps leaving 10% to be saved each month, and the wait time until bitcoin has a high price

goinmerry

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I guess you should be selling some. A rotation is needed for it to be a currency. Just look how it happen to other countries where there are a lot of people who have been saving money. The government tells them to use it so that rotation of the currency will be in shape.

DaddyMonsi

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I would sell Bitcoins but not all of them, I will keep a stash somewhere using a paper wallet because for some reason I feel Bitcoin will be big when my kids are all grown up. They will have good use of it and maybe rate is much higher compare to what we have today.

coinyard

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Quote from: doctor877 on February 07, 2016, 09:04:29 AM

Quote from: iamthesky on February 06, 2016, 04:46:06 PM

Right now the price is not too high, so if you sell at a moment you won't get benefited, but if you have bought your bitcoins at the $250 mark, then you are already into profits, if you sell at a moment you still enjoy profits, but holding right now can proved to be more profitable in future.

Yes, but it doesn't mean that we will never sell our bitcoins, I would sell if I am earning profits out of it even tomorrow, rather then waiting for next 10 years, as the price fluctuation is a continuous process when it comes to bitcoins.

When the price is low, I will buy bitcoin. When the price is high, I will use my bitcoin. That is equivalent to selling, but using is to make bitcoin useful.

doctor877

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Quote from: iamthesky on February 06, 2016, 04:46:06 PM

Right now the price is not too high, so if you sell at a moment you won't get benefited, but if you have bought your bitcoins at the $250 mark, then you are already into profits, if you sell at a moment you still enjoy profits, but holding right now can proved to be more profitable in future.

Yes, but it doesn't mean that we will never sell our bitcoins, I would sell if I am earning profits out of it even tomorrow, rather then waiting for next 10 years, as the price fluctuation is a continuous process when it comes to bitcoins.

iamthesky

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Right now the price is not too high, so if you sell at a moment you won't get benefited, but if you have bought your bitcoins at the $250 mark, then you are already into profits, if you sell at a moment you still enjoy profits, but holding right now can proved to be more profitable in future.

Topic: Why You Should Never Sell Your Bitcoins Ever - page 141. (Read 270173 times)