Topic: Why You Should Never Sell Your Bitcoins Ever - page 157. (Read 270138 times)

As long as I have the feeling that Bitcoin will make it I will not sell any coin. I have faith in the technology and especially in the Bitcoin Blockchain to be a protocol for many future use cases we might think about right now. Right now we're going through hard and tough times. But this will change one day and we will go up again. Follow the news and not only the stagnant price we're seing at the moment.

well... I never sold a single bitcoin. I bought items and electronics with and for bitcoin. If I could pay all bills in Bitcoin (or more stable 2.0 coins) I would do it immediately.

one thing it's true, if everyone will follow the OP advice, the price can not increase at all, so his statement, based on this, is utterly wrong

the best thing to do if you have a low amount is waiting, leave the big players to play their dirty game

if you do not sell bitcoin you have, then it's what your goal playing bitcoin  ?

I will never sell any of my btc. I will just keep buying and one day I will be able to buy everything I need with bitcoin. Hopefully!

Bitcoin should be treated like a check book rather than a commodity for speculation purpose.

I hold my bitcoin for some reason, i trust bitcoin price will be up, also
i sure in future bitcoin can use to pay everything

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?

Yes just sell when you think you have made some good profit and again you will get an opportunity to buy again. For that you need a patience.

I real point of this thread we may not be in need of selling our bitcoins when the price of bitcoins hit the moon. I liked. This kind of situation definitely will happen in our life time itself. Because when people chasing down to buy the bitcoin, why you alone going to sell, instead use it for daily needs.

If you post something which isn't realistic then you should back with some data to prove otherwise it's is called dreaming. What you predicted is quite impossible to get there.