Why You Should Never Sell Your Bitcoins Ever - page 142.

kacak41

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Quote from: fruitcommander on February 06, 2016, 11:36:13 AM

I keep on spending my bitcoins, I don't keep close watch on the price of bitcoins, if I need money then I sell my bitcoins, and buy again when I have enough fiat to buy bitcoins when the price drops down, as only holding is not profitable for me.

That's good and holding for next 20 years is something weird, its better we keep on selling out bitcoins if the price is higher then at the time we bought, so even if it is giving us small profits then we should sell it and wait again for the price drop.

fruitcommander

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I keep on spending my bitcoins, I don't keep close watch on the price of bitcoins, if I need money then I sell my bitcoins, and buy again when I have enough fiat to buy bitcoins when the price drops down, as only holding is not profitable for me.

pneumatic5

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★Bitvest.io★ Play Plinko or Invest!

Quote from: blackmachinegun on February 05, 2016, 09:05:32 PM

Quote from: HostSurf on February 05, 2016, 10:49:03 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.

most people don't wait to wait a long time to be able to get profit, I thought it was quite reasonable, in my opinion, do n't need to wait for the future, you can sell when the selling price already exceeds the price you buy

Exactly, if you are getting some profits at present price then you should sell your coins rather then waiting for future, as we are not aware what would be the price of bitcoin in future, and there should be circulation of bitcoins in market.

blackmachinegun

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Quote from: HostSurf on February 05, 2016, 10:49:03 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.

most people don't wait to wait a long time to be able to get profit, I thought it was quite reasonable, in my opinion, do n't need to wait for the future, you can sell when the selling price already exceeds the price you buy

greBit

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Quote from: HostSurf on February 05, 2016, 10:49:03 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 will rise sooner or later but the people nowadays are selling it when their is a dip in Bitcoin value and by this way most of the traders gets benefited

Moneyburner

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In response to OP post, for it to be worth 10k there would have to be more than just overstock and newegg to shop at as well

romero121

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Bitcoin will soon come into existence as equal to local currencies, so that if we earn as much we can now, then by later time we can spend those currencies everywhere as we are using our country currencies to buy some groceries or some products easily.

craked5

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I feel like even the title of this thread is wrong...

You don't exactly "sell btx". Well I know you do in a sense, but you got to consider btc as all other currencies. It's just a currency so you make an exchange of currency but keep the same value.

So it's not a question of selling your btc but more a question of where do you want to put your value? What do you trust the most in order to stock your possession?

That's a very personal question and I don't think there is ONE good answer

beerlover

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Quote from: Hugroll on January 31, 2016, 11:03:01 PM

Quote from: angaper on January 31, 2016, 07:57:49 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.

keeping bitcoins helps in keeping them at a stable value because it decreases the supply of coins in the market. but it doesnt help the bitcoin network, it decreases adoption.

Yeah keeping bitcoins increases its price, if people want to increase the price then they should have to hold it, the more people hold the bitcoin the more will demand increase and so the price will increase . But if all people sell it at a time then the price will come to ground within hours.

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Quote from: bit1 on January 31, 2016, 09:31:34 PM

The risk is that if somebody dont own of any and the price explode to the moon, they remain scratching their heads for a long time. Otherwise if they invested a lot and lose everything will be sad, So only time will tell.

No, the people who have nothing in their wallet will not scratching their heads when the price touch the moon, but those who have had some amount and they sell it before the price value increase then they will like to kill themselves , we have to never sell all of it, especially right now.

kotwica666

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Quote from: expert4knowledge on February 05, 2016, 02:06:35 PM

Quote from: kotwica666 on February 05, 2016, 10:57:17 AM

Quote from: ~Bitcoin~ on February 05, 2016, 10:10:59 AM

Quote from: davinchi on February 05, 2016, 08:52:33 AM

Quote from: angaper on January 31, 2016, 07:57:49 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.

And I think another shining year will be started sooner for the bitcoin when the price will proudly cross $1200 or more, maybe it will 2016, so just hold on your bitcoin for a little more time as the luck is at its high speed to reach us with great wealth and more earnings.

May be it will be better time after the upcoming halving to predict what will be the price or ath price for this year. 1200 is way too high regarding lots of up and down going on right now.

$1200 is possible only if Bitcoin will get some extremely good news or one more pump and panic buy! Of course it is very possible, but if this not happen i don't expect that price in this year will jump over $800. Anyway Bitcoin price for sure will go up, so there is no reason for selling Bitcoin. Only HOLD! Grin

Increasing price will happen if demand increases and demand increases significantly if and only if more people become aware of it. How? We do not know!

Yes, here i must agree. Bitcoin is still only speculation currency. At any moment it can happen that whole project will breakdown. We must keep this in mind.
But to date, blockchain has been tested so many times, that we can say that the risk of such breakdown is highly unlikely.

expert4knowledge

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Quote from: kotwica666 on February 05, 2016, 10:57:17 AM

Quote from: ~Bitcoin~ on February 05, 2016, 10:10:59 AM

Quote from: davinchi on February 05, 2016, 08:52:33 AM

Quote from: angaper on January 31, 2016, 07:57:49 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.

And I think another shining year will be started sooner for the bitcoin when the price will proudly cross $1200 or more, maybe it will 2016, so just hold on your bitcoin for a little more time as the luck is at its high speed to reach us with great wealth and more earnings.

May be it will be better time after the upcoming halving to predict what will be the price or ath price for this year. 1200 is way too high regarding lots of up and down going on right now.

$1200 is possible only if Bitcoin will get some extremely good news or one more pump and panic buy! Of course it is very possible, but if this not happen i don't expect that price in this year will jump over $800. Anyway Bitcoin price for sure will go up, so there is no reason for selling Bitcoin. Only HOLD! Grin

Increasing price will happen if demand increases and demand increases significantly if and only if more people become aware of it. How? We do not know!

kotwica666

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Quote from: ~Bitcoin~ on February 05, 2016, 10:10:59 AM

Quote from: davinchi on February 05, 2016, 08:52:33 AM

Quote from: angaper on January 31, 2016, 07:57:49 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.

And I think another shining year will be started sooner for the bitcoin when the price will proudly cross $1200 or more, maybe it will 2016, so just hold on your bitcoin for a little more time as the luck is at its high speed to reach us with great wealth and more earnings.

May be it will be better time after the upcoming halving to predict what will be the price or ath price for this year. 1200 is way too high regarding lots of up and down going on right now.

$1200 is possible only if Bitcoin will get some extremely good news or one more pump and panic buy! Of course it is very possible, but if this not happen i don't expect that price in this year will jump over $800. Anyway Bitcoin price for sure will go up, so there is no reason for selling Bitcoin. Only HOLD! Grin

HostSurf

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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.

~Bitcoin~

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Quote from: davinchi on February 05, 2016, 08:52:33 AM

Quote from: angaper on January 31, 2016, 07:57:49 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.

And I think another shining year will be started sooner for the bitcoin when the price will proudly cross $1200 or more, maybe it will 2016, so just hold on your bitcoin for a little more time as the luck is at its high speed to reach us with great wealth and more earnings.

May be it will be better time after the upcoming halving to predict what will be the price or ath price for this year. 1200 is way too high regarding lots of up and down going on right now.

kotwica666

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Quote from: expert4knowledge on February 05, 2016, 09:22:43 AM

Quote from: gregyoung14 on February 05, 2016, 08:57:30 AM

Quote from: davinchi on February 05, 2016, 08:52:33 AM

Quote from: angaper on January 31, 2016, 07:57:49 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.

And I think another shining year will be started sooner for the bitcoin when the price will proudly cross $1200 or more, maybe it will 2016, so just hold on your bitcoin for a little more time as the luck is at its high speed to reach us with great wealth and more earnings.

1200dollars! And that is when all the people whom you will come across the street who is smiling the most have 1 BTC or 2 in their wallet. Guess I will hold on to mine for as long as i live, or till this 1200dollars - 1BTC. Cheers you guys!

I hope this comes true very soon, if it happens then we have to expect a new era for digital cryptocurrency.

I think it will happen in reverse order. First, will come the era of digital currencies and then the price will go up. Price is determined by supply and demand. First must be the demand and interest of the people - and then will come profits.

expert4knowledge

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Quote from: gregyoung14 on February 05, 2016, 08:57:30 AM

Quote from: davinchi on February 05, 2016, 08:52:33 AM

Quote from: angaper on January 31, 2016, 07:57:49 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.

And I think another shining year will be started sooner for the bitcoin when the price will proudly cross $1200 or more, maybe it will 2016, so just hold on your bitcoin for a little more time as the luck is at its high speed to reach us with great wealth and more earnings.

1200dollars! And that is when all the people whom you will come across the street who is smiling the most have 1 BTC or 2 in their wallet. Guess I will hold on to mine for as long as i live, or till this 1200dollars - 1BTC. Cheers you guys!

I hope this comes true very soon, if it happens then we have to expect a new era for digital cryptocurrency.

gregyoung14

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Quote from: davinchi on February 05, 2016, 08:52:33 AM

Quote from: angaper on January 31, 2016, 07:57:49 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.

And I think another shining year will be started sooner for the bitcoin when the price will proudly cross $1200 or more, maybe it will 2016, so just hold on your bitcoin for a little more time as the luck is at its high speed to reach us with great wealth and more earnings.

1200dollars! And that is when all the people whom you will come across the street who is smiling the most have 1 BTC or 2 in their wallet. Guess I will hold on to mine for as long as i live, or till this 1200dollars - 1BTC. Cheers you guys!

davinchi

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Quote from: angaper on January 31, 2016, 07:57:49 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.

And I think another shining year will be started sooner for the bitcoin when the price will proudly cross $1200 or more, maybe it will 2016, so just hold on your bitcoin for a little more time as the luck is at its high speed to reach us with great wealth and more earnings.

expert4knowledge

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Quote from: Betwrong on February 05, 2016, 06:48:40 AM

Quote from: expert4knowledge on February 05, 2016, 06:19:32 AM

Quote from: ajun96 on February 04, 2016, 10:53:18 PM

bitcoin prices today rose to touch $ 390, I think a lot of people benefit, as previously bought at the price of $ 370
I think today. the right to sell your bitcoin

But it may increase more and reach to lets say 500$ so selling bitcoin in that case is not beneficial.

Yes the price might rise to $500 and it will I'm sure by summer, but in the meantime you can make some money by exploiting its fluctuations. I never have profited from such business but I know some people are doing this successfully.

I agree that it may be more and many people do business by profiting fluctuations but you need to take risk.

Topic: Why You Should Never Sell Your Bitcoins Ever - page 142. (Read 270138 times)