Topic: Why You Should Never Sell Your Bitcoins Ever - page 32. (Read 270139 times)
The best factor is not market your bitcoins, simply because the bitcoin has a very good long term a head.As an case in point the halving is coming, they say that will incorporate a zero to it, so you will make a good deal of revenue.
I don't quite agree with this. If you don't ever sell or use your bitcoins than why are you having them, for a souvenir? Bitcoin was made with a purpose and that is for people to use it. It's good to have some amount of bitcoins as savings but the rest you should use for buying goods, trading but not just to keep them in your wallet.
Why we cannot earn Bitcoin without investment? We can earn Bitcoin from signature campaign or work some jobs and receive salary through Bitcoin. In the past, faucet also good job for earning Bitcoin 
I don't quite agree with this. If you don't ever sell or use your bitcoins than why are you having them, for a souvenir? Bitcoin was made with a purpose and that is for people to use it. It's good to have some amount of bitcoins as savings but the rest you should use for buying goods, trading but not just to keep them in your wallet.
Why we cannot earn Bitcoin without investment? We can earn Bitcoin from signature campaign or work some jobs and receive salary through Bitcoin. In the past, faucet also good job for earning Bitcoin
you need more than 1 bitcoin to feel the effect of change bitcoin for low prices like 100 $ or even 10$ they need to sell buy and make more income after that they Should Never Sell them Bitcoins Ever
The ideal thing is not market your bitcoins, simply because the bitcoin has a very good long term a head.As an example the halving is coming, they say that will include a zero to it, so you will make a whole lot of income.
the main reason is the value of the bitcoins is still rising up and it is very effective if we hold our bitcoins in a long time.
I am not a supporter of this idea. A lot of people who have bitcoins regularly buy and sell coins. It brings good income. What's the point of having bitcoins? They can't increase in price. We don't even know how long bitcoin will live.
Are you blind or you don’t know how to read market charts of any coin? You should know how tremendously bitcoins increased in recent pump and so many people who were holding their bitcoins are now celebrating grand profits. Holding bitcoins is not a bad idea at all. I think matuson is not regularly getting information on bitcoin and dont know what is bitcoin and how it works, that is why he posted comment like this. Bitcoin from 200$ it came to this much in 12 months and you are talking that btc price can't increase. Bitcoin will live for long and in coming days bitcoin will be in mainstream currency
I am not a supporter of this idea. A lot of people who have bitcoins regularly buy and sell coins. It brings good income. What's the point of having bitcoins? They can't increase in price. We don't even know how long bitcoin will live.
Are you blind or you don’t know how to read market charts of any coin? You should know how tremendously bitcoins increased in recent pump and so many people who were holding their bitcoins are now celebrating grand profits. Holding bitcoins is not a bad idea at all. 
I don't quite agree with this. If you don't ever sell or use your bitcoins than why are you having them, for a souvenir? Bitcoin was made with a purpose and that is for people to use it. It's good to have some amount of bitcoins as savings but the rest you should use for buying goods, trading but not just to keep them in your wallet.
Considering bitcoin as an investment and you can hold bitcoin for a long time. He means that you need to hold bitcoin for a long time and does not sell it untill it hit to the moon. 
Well, sometimes, we need to sell our bitcoin for many purposes but personally, we will suffer a huge loss if we sell our bitcoin 
Of course if you will be positive Bitcoin will make you rich in the future. But in reality, when can never say what the future of Bitcoin will be. It might spike up, but it might also fall down. The demand of the people today is rising but it will have a downfall time somewhere in the future. In my opinion, we hold the Bitcoin but still manage it in order to mimize the risk of of loosing our money. There are a lot of ther investments that we can diversify our money on.
Yeah one should never sell bit coins ever as bit coins are the most secured and exponentially growing currency. May be you are not getting any profit on them these days but you might be getting larger profits in the coming future when bit coins will be ruling the world, but you have to hold on for the next 10-20 years.It’s a good idea, but holding too much bitcoin it’s to risk, much better if you sell your bitcoin . When you are making a profit, but you need to make a better plan and when the time comes that see your desired price then you should sell it. Don’t too much greedy if you don’t want to end up losing or having a small profit.
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?
The main reason why we need to hold for a long time because the value of the bitcoin will continue to rise up. I can say that before the year will end, the bitcoin will reach $10,000 because we can see the good progress of the bitcoin in the market. 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?
I don't quite agree with this. If you don't ever sell or use your bitcoins than why are you having them, for a souvenir? Bitcoin was made with a purpose and that is for people to use it. It's good to have some amount of bitcoins as savings but the rest you should use for buying goods, trading but not just to keep them in your wallet.
Considering bitcoin as an investment and you can hold bitcoin for a long time. He means that you need to hold bitcoin for a long time and does not sell it untill it hit to the moon. Well, sometimes, we need to sell our bitcoin for many purposes but personally, we will suffer a huge loss if we sell our bitcoin I don't quite agree with this. If you don't ever sell or use your bitcoins than why are you having them, for a souvenir? Bitcoin was made with a purpose and that is for people to use it. It's good to have some amount of bitcoins as savings but the rest you should use for buying goods, trading but not just to keep them in your wallet.
Considering bitcoin as an investment and you can hold bitcoin for a long time. He means that you need to hold bitcoin for a long time and does not sell it untill it hit to the moon. Well, sometimes, we need to sell our bitcoin for many purposes but personally, we will suffer a huge loss if we sell our bitcoin 
Of course if you will be positive Bitcoin will make you rich in the future. But in reality, when can never say what the future of Bitcoin will be. It might spike up, but it might also fall down. The demand of the people today is rising but it will have a downfall time somewhere in the future. In my opinion, we hold the Bitcoin but still manage it in order to mimize the risk of of loosing our money. There are a lot of ther investments that we can diversify our money on.
Yeah one should never sell bit coins ever as bit coins are the most secured and exponentially growing currency. May be you are not getting any profit on them these days but you might be getting larger profits in the coming future when bit coins will be ruling the world, but you have to hold on for the next 10-20 years.
I don't quite agree with this. If you don't ever sell or use your bitcoins than why are you having them, for a souvenir? Bitcoin was made with a purpose and that is for people to use it. It's good to have some amount of bitcoins as savings but the rest you should use for buying goods, trading but not just to keep them in your wallet.
Of course if you will be positive Bitcoin will make you rich in the future. But in reality, when can never say what the future of Bitcoin will be. It might spike up, but it might also fall down. The demand of the people today is rising but it will have a downfall time somewhere in the future. In my opinion, we hold the Bitcoin but still manage it in order to mimize the risk of of loosing our money. There are a lot of ther investments that we can diversify our money on.
Exactly! I will second you. I think you need to have some mindset like how much profit do you want to earn from your investment in Bitcoins.I guess only then you’ll be able to decide that this is the right moment for selling. And you can’t keep these Bitcoins forever; you need to make out something out of them.
I am not a supporter of this idea. A lot of people who have bitcoins regularly buy and sell coins. It brings good income. What's the point of having bitcoins? They can't increase in price. We don't even know how long bitcoin will live.
Bitcoin is growing every day more and more, but this does not mean that we should never sell it. We have to hold it until it brings a good profit, this is the whole point of investing.
OP, have you been around when the Bitcoin price hit $1000 before? There was NO fiat collapse when it happened... The fiat price was unchanged during that period... it was just the Bitcoin price that climbed.
Some blame the Willy Bot... but for whatever reason.. Bitcoin was more valueble than any fiat currency, even gold.
Most of the people in that thread, assume that the situation would repeat itself... Fiat price stay the same, and the Bitcoin price skyrockets.
Some services do not accept Bitcoin, so for those things, people would convert to fiat... for the rest, people would spend in Bitcoin.
Because studies say that bitcoin wont go down anymore but only up and you can see that everywhere it went from $100 to $4-5k.Some blame the Willy Bot... but for whatever reason.. Bitcoin was more valueble than any fiat currency, even gold.
Most of the people in that thread, assume that the situation would repeat itself... Fiat price stay the same, and the Bitcoin price skyrockets.
Some services do not accept Bitcoin, so for those things, people would convert to fiat... for the rest, people would spend in Bitcoin.
That is very high.
The more years will pass, the more accurate this thread will be. Bitcoin will be much more expensive soon. Current adoption is very low (like internet in 199X), it will explode soon (Ether helps a lot though!).
I don't think that this thread is accurate because never selling bitcoins will just a waste of time because you cannot enjoy your profits and benefits if you don't sell your bitcoin. It is better for a person to just not sell his bitcoins for 10 years rather than seeing this thread that says never sell our bitcoin.It's true that we can get more income if we hold longer but we should understand that selling requires proper timing and we need to have our specific target on selling.
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