Why You Should Never Sell Your Bitcoins Ever - page 38.

Zeke_23

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Quote from: oliver scott on August 17, 2017, 05:05:49 AM

I won't say never, but holding instead of panic selling is advised. I remember i did some panic selling in the past.
But after the last dip i know it's better to buy more instead of selling.

im also doing the same thing as you do, i wont say that i will hold it forever, i will just hold it until the day come that i need money. if i dont need to withdraw then ill hold it and keep it. its better than selling it at low price.

oliver scott

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I won't say never, but holding instead of panic selling is advised. I remember i did some panic selling in the past.
But after the last dip i know it's better to buy more instead of selling.

lordquanta

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Looking at the run of bitcoin in recent time(last three years), bitcoin is becoming more and more bullish/rocketish. This is yielding more and more profit for those who simply HODL them. Those who have invested bitcoins in any other crypto or scheme are likely facing sour experience of missing the train.
Though bitcoin is a currency, it has become investment instrument. And this instrument is providing more and more profit irrespective of current price.

batang_bitcoin

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Quote from: Williamscott on August 17, 2017, 02:59:20 AM

What is the point that you are saving your bitcoin? To make money? To make profits? To make some nice rewards?

All of the choices, I do save bitcoin to make money, to make profit and to give myself and my family some nice rewards. And that can happen when I'm selling my bitcoin at my very comfortable price.

Quote from: Williamscott on August 17, 2017, 02:59:20 AM

How you can achieved that if you never sold your bitcoin?

That's why we had to sell. Grin

Williamscott

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What is the point that you are saving your bitcoin? To make money? To make profits? To make some nice rewards?

How you can achieved that if you never sold your bitcoin?

Aamir1

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Quote from: Viscore on August 16, 2017, 09:32:22 PM

The strongest currency?

Maybe you should read well first and then comment. Here is what he said:

Quote from: kevinn669 on August 16, 2017, 10:50:36 AM

the strongest crypto currency

Though the price of bitcoin has been very volatile these days and for sure we believe it can go up in the long term, but i don't think a person can keep the coins forever and wait for the price to reach the moon to sell them. Someone might get an emergency and need money, or there can be any other reason, but if someone can really hold them for so long, he will surely get a lot out of it.

Helen Holmes

newbie

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You should use your Bitcoins one day - but as off now, it would be a pure stupid move to sell your available coins. I could see the coins rise quite much in value in the next weeks - will it reach the 1000-mark in 2016 is too early to say, but indeed a possibility. It seems Bitcoins are getting a bigger audience, which means the demand on the coins increases. Simple demand/supply theory says the price will rise - so keep your coins close to you!

laurenB7742

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Vaccinized.. immunity level is full.

I am not sure that I agree that you should NEVER sell your bitcoins. This means that everyday commodities will be available to be bought with bitcoin. I am not sure you will ever be able to buy cabbage at an open market or ice cream an the street with bitcoin. So I think we will always need some fiat money, even after 50 or 100 years from now.

Viscore

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Live with peace and enjoy life!

Quote from: kevinn669 on August 16, 2017, 10:50:36 AM

Bitcoin is very good as a long-term investment and we must hold it if we want to get the maximum profit and become very rich. This is the strongest crypto currency in the modern world that changes life for the better.

The strongest currency? Maybe I would not agree with that but it has a big potential it would disrupt the financial world.
Big investors are considering of holding bitcoins now, they just transferred some of their investment because they saw a great potential,
some we should be celebrating now.

krisnt80

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Never is a lot time to even think about it, but well taking into consideration bitcoin power its unlimited it wouldn’t be a wise solution to sell bitcoin knowing its potencial its huge, but there are several people wich are able to change their life already, soo why and how to say to them to don’t sell and use the benefict they earned to improve their life. For investors as me isn’t yet the right moment to sell im waiting 2020 halving to choose to hold for more time or to exchange part of my funds to get a better life.

kevinn669

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Tokens That Store Virtual Energy

Bitcoin is very good as a long-term investment and we must hold it if we want to get the maximum profit and become very rich. This is the strongest crypto currency in the modern world that changes life for the better.

geegaw

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Quote from: BitcoinPC on August 16, 2017, 03:46:53 AM

Quote from: wowanstrong on August 16, 2017, 03:17:39 AM

Bitcoin is a very valuable investment that grows even more every day, no matter what, and an intelligent person will not waste it on all sorts of nonsense. You can sell only when the profit completely satisfies.

Exactly, bitcoin is very valuable investment and many investors use bitcoin for long term investment. That's why majority of the big whales prefer to save and hold the bitcoin, instead of selling, and about me, i am not a big investor but i know if I hold my bitcoins then i would get big profit from them, and i learn this thing behalf of my experience of investment on bitcoin.

Yes, because we're not a big investor, we should follow the whales, they will always find a way to help increase the price of Bitcoin, so we can make a profit by following them. In addition, Bitcoin will always tend to increase in the future and the potential of Bitcoin can say is unpredictable, we should choose to believe in bitcoin, do not sell bitcoin too early, we may regret this decision. I always keep my bitcoin because I always believe the price of bitcoin will be higher and higher in the future as long as I patiently wait

tittensor

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Quote from: eann014 on August 16, 2017, 09:31:42 AM

Quote from: PenguinFire on July 19, 2015, 09:51:52 PM

Quote from: BitProdigy on July 19, 2015, 09:48:08 PM

To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.

Yes, but it is uber low some places. It is 1 percent at Coinbase for example. I could find change in my room to cover those transactions fees.

When I am converting my bitcoin into fiat, I don't have any service charge, in my btc wallet, if you have a bank account you can convert it and deposit your bitcoin to your bank account. If you will cash out your btc in remittances, then there will be a service fee.

Haha, deposit to banking not like withdraw Bitcoin to FIAT, because in your country they support BTC/Banking and you store your Bitcoin in their wallet system. If you use desktop wallet as Bitcoin Core or Electrum, you need spend small fees before transfer your Bitcoin.

eann014

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Quote from: PenguinFire on July 19, 2015, 09:51:52 PM

Quote from: BitProdigy on July 19, 2015, 09:48:08 PM

To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.

Yes, but it is uber low some places. It is 1 percent at Coinbase for example. I could find change in my room to cover those transactions fees.

When I am converting my bitcoin into fiat, I don't have any service charge, in my btc wallet, if you have a bank account you can convert it and deposit your bitcoin to your bank account. If you will cash out your btc in remittances, then there will be a service fee.

blackhawkeye1912

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Quote from: aakashsangwan on July 19, 2015, 11:15:06 PM

Yes Bitcoin is like a long term investment and have proven to give very very good returns in long term and more profitable than gold.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.

I agreed that bitcoin was a long term investment, that's why I save bitcoin as much as I can, even for a single amount of satoshi I take the chance to buy it, Due to I believed that bitcoin will come to the point that it will reach more than 10, 000$. That's the reason why I hold my bitcoin in a long term.

BitcoinPC

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Quote from: wowanstrong on August 16, 2017, 03:17:39 AM

Bitcoin is a very valuable investment that grows even more every day, no matter what, and an intelligent person will not waste it on all sorts of nonsense. You can sell only when the profit completely satisfies.

Exactly, bitcoin is very valuable investment and many investors use bitcoin for long term investment. That's why majority of the big whales prefer to save and hold the bitcoin, instead of selling, and about me, i am not a big investor but i know if I hold my bitcoins then i would get big profit from them, and i learn this thing behalf of my experience of investment on bitcoin.

Soranith

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Quote from: wowanstrong on August 16, 2017, 03:17:39 AM

Bitcoin is a very valuable investment that grows even more every day, no matter what, and an intelligent person will not waste it on all sorts of nonsense. You can sell only when the profit completely satisfies.

Yes we should look at the bigger picture and not settle for less but if you think that you already meet the target you have then go ahead sell your bitcoin but always remember that bitcoin just started as years will go bitcoin price will be high so its better to not sell everything you own for future use.

wowanstrong

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Bitcoin is a very valuable investment that grows even more every day, no matter what, and an intelligent person will not waste it on all sorts of nonsense. You can sell only when the profit completely satisfies.

Sled

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Bitcoin- in bullish time

Quote from: IAMYOURLEADER on August 16, 2017, 12:29:24 AM

There is of course a time that you must sell it and that time is indeed not now. I think that more people will sell it later in the future. We can see that the bitcoin value is pumping and will reach to the moon.

I agree that this is not that right time to sell our bitcoin because the price of bitcoin can reach higher place in the future and it can go to the moon anytime soon so keeping our bitcoins and buying some more is the best option but for the concept of holding it, we should also set a goal or target for our bitcoin so we can have a good path to follow for our bitcoins.

IAMYOURLEADER

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There is of course a time that you must sell it and that time is indeed not now. I think that more people will sell it later in the future. We can see that the bitcoin value is pumping and will reach to the moon.

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