Topic: Why You Should Never Sell Your Bitcoins Ever - page 23. (Read 270173 times)
One thing that I focus is the price variation. Today what you spend on a product in terms of bitcoin looks very big within few days or after years. This will surely make the user feel that he could have held the coins in the wallet. That's the reason it's suggested to keep hold of bitcoin's and benefit until there is an emergency requirement.
You should not sell your Bitcoins, but you should also not avoid spending them because we need to spend them to generate value in the community.
We don't sell it because we want more value, the price is rising so why would we sell if it can give us more profit when holding. Bitcoin is the best investment so we need to take this opportunity while the crypto world is still young, we are making noise in the world and soon there will be a massive adoption.
When the price rise up you will be tempted to sell your coins and the right thing to do is hold it longer because the value is still increasing and we just need to wait until it reach the peak value.You can still work on bounty campaigns while waiting so there is no need to rush.
The consideration is the bitcoin graphics that continue to rise, I never panicked when the price drop exactly if the price drop more than 10% makes me eager to buy bitcoin so it does not take long the price back skyrocketed.
I think 10% is a big ratio for Bitcoin when it is raising up in the market.Unlike altcoins, Bitcoin can not drop down a huge value without any reason.
The Bitcoin community does not stupid all, so if someone try to control the price of Bitcoin unreasonably, its just receive failure.
Long term is the best way to go, just save for as much as you can and as long as you can and don't sell just yet even though there are people who are constantly demanding bitcoin. I think the demand will increase with time and in the long term and you stand to make more profit the longer you store them up.
$100,000 per bitcoin and I think in ten years from now we can see that, or even earlier, bitcoin supply will remain low and demand will continue to increase.
You should not sell your Bitcoins, but you should also not avoid spending them because we need to spend them to generate value in the community.
We don't sell it because we want more value, the price is rising so why would we sell if it can give us more profit when holding. Bitcoin is the best investment so we need to take this opportunity while the crypto world is still young, we are making noise in the world and soon there will be a massive adoption.
You should not sell your Bitcoins, but you should also not avoid spending them because we need to spend them to generate value in the community.
The consideration is the bitcoin graphics that continue to rise, I never panicked when the price drop exactly if the price drop more than 10% makes me eager to buy bitcoin so it does not take long the price back skyrocketed.
I think 10% is a big ratio for Bitcoin when it is raising up in the market.Unlike altcoins, Bitcoin can not drop down a huge value without any reason.
The Bitcoin community does not stupid all, so if someone try to control the price of Bitcoin unreasonably, its just receive failure.
Long term is the best way to go, just save for as much as you can and as long as you can and don't sell just yet even though there are people who are constantly demanding bitcoin. I think the demand will increase with time and in the long term and you stand to make more profit the longer you store them up.
$100,000 per bitcoin and I think in ten years from now we can see that, or even earlier, bitcoin supply will remain low and demand will continue to increase.
The consideration is the bitcoin graphics that continue to rise, I never panicked when the price drop exactly if the price drop more than 10% makes me eager to buy bitcoin so it does not take long the price back skyrocketed.
I think 10% is a big ratio for Bitcoin when it is raising up in the market.Unlike altcoins, Bitcoin can not drop down a huge value without any reason.
The Bitcoin community does not stupid all, so if someone try to control the price of Bitcoin unreasonably, its just receive failure.
Long term is the best way to go, just save for as much as you can and as long as you can and don't sell just yet even though there are people who are constantly demanding bitcoin. I think the demand will increase with time and in the long term and you stand to make more profit the longer you store them up.
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...
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...
Long-term = Good advice to "never sell".
Short -Medium Time frame = Really not a good idea. // Some days The BTC market goes over $500 in BOTH directions. I once traded (FTC) during an epic bear market fail, and by "riding the waves" // many short-term trades, I still made a nice profit even though I was on the wrong side of the trend.
Playing "the bounces" with part of your stash will (almost) always return more profits.
Summary: Market "bounces travel" much more than any trend straight up or down.
::"Do the math", or miss out.
If the people would have known the benefit they would get even from when the OP posted this post, they would kill to get their share of bitcoin haven 
I am hoping for bitcoin to be like a regular cash. So if I can spend my bitcoin like any regular cash anywhere, then there is no need for me to sell it for any other currency. So hodling and spending directly for commodities.
Of course I expect the price to go up much much higher.
I am hoping for bitcoin to be like a regular cash. So if I can spend my bitcoin like any regular cash anywhere, then there is no need for me to sell it for any other currency. So hodling and spending directly for commodities.
Of course I expect the price to go up much much higher.
The point i think is to selling bitcoin not carelessly to selling it, and each person must have prepared the plan (target) to be able to get the benefits by looking at price developments. Well for me in this thing, of course if we can still get a chance to get a more profit at another time, it's good it doesn't have to selling it in a hurrying.. because bitcoin price can still continue moving higher.
That's the right thing to do, we have to set a target to sell because that's the only way to make profit by selling high.Actually we can make profit both on long term and short term hold but it's advisable to focus more on short term if you have a decent capital due to the volatility of bitcoin, the price will dump and pump and we should take advantage on that.
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?
For me, I will not sell my bitcoins for now because I have the prediction that its price and value will hit up to the moon. This price today is much more be higher from 2 to 3 years in time. So as long as I have bitcoins I will hold it in my wallet for a long time and wait for the right time to withdraw.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?
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?
For me, I will not sell my bitcoins for now because I have the prediction that its price and value will hit up to the moon. This price today is much more be higher from 2 to 3 years in time. So as long as I have bitcoins I will hold it in my wallet for a long time and wait for the right time to withdraw. 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?
The consideration is the bitcoin graphics that continue to rise, I never panicked when the price drop exactly if the price drop more than 10% makes me eager to buy bitcoin so it does not take long the price back skyrocketed.
I think 10% is a big ratio for Bitcoin when it is raising up in the market.Unlike altcoins, Bitcoin can not drop down a huge value without any reason.
The Bitcoin community does not stupid all, so if someone try to control the price of Bitcoin unreasonably, its just receive failure.
The consideration is the bitcoin graphics that continue to rise, I never panicked when the price drop exactly if the price drop more than 10% makes me eager to buy bitcoin so it does not take long the price back skyrocketed.
I think 10% is a big ratio for Bitcoin when it is raising up in the market.Unlike altcoins, Bitcoin can not drop down a huge value without any reason.
The Bitcoin community does not stupid all, so if someone try to control the price of Bitcoin unreasonably, its just receive failure.
For me I should never sell my bitcoin because in the near future it may increase its value. Because maybe in the future we used bitcoin for a big investments.so that we can earned a lot here.
One should never sell the bitcoins if he is in an urgent need of money. He must try to fulfill his needs through some other way. Even taking a loan from the bank is a better option than selling the bitcoins. This is because there are a lot more chances of increase in the value of btc in the upcoming days so they must be kept in hand for a long term favor.I'm wating for the bitcoin prices high it will incres in the prices future. Bitcoin is help to my family fulfill. It will save it will help to urgent time. So I'm save the bitcoin. same people like the bitcoin save. you will transfore the bitcoin other people. coming future bitcoin accetp the all country. So it will use the bitcoin it will tranctoin more and incres prices.
For me I should never sell my bitcoin because in the near future it may increase its value. Because maybe in the future we used bitcoin for a big investments.so that we can earned a lot here.
One should never sell the bitcoins if he is in an urgent need of money. He must try to fulfill his needs through some other way. Even taking a loan from the bank is a better option than selling the bitcoins. This is because there are a lot more chances of increase in the value of btc in the upcoming days so they must be kept in hand for a long term favor.
I am waiting around for subsequent block halving and I hope that value will go larger after halving so would offer all my coins at that time, and once more acquire when price tag drops down, as selling at a instant is not a wonderful thought I guess.
The consideration is the bitcoin graphics that continue to rise, I never panicked when the price drop exactly if the price drop more than 10% makes me eager to buy bitcoin so it does not take long the price back skyrocketed.
Its not a very good concept never ever to sell your cash, I mean if you are acquiring great returns then you need to offer your cash instead then keeping it for foreseeable future, as if in long term if the price drops down the you require to experience losses.
Basically because it keeps growing and growing like now it is at $5000 and also it is very difficult to earn but i think there should be a time when u sell it you should not never sell it because why did you have it then if you were not planning on selling it?
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