Topic: Why You Should Never Sell Your Bitcoins Ever - page 39. (Read 270139 times)

I get what you are saying but even if you are a gold bug there are times when your gold is worth a lot in terms of other assets like property, oil company stocks, land etc so there are times that Gold gets you past an economic collapse to the other side far richer.

Bitcoin is no different.

I agree with your opinion sir, how you can enjoy the results of bitcoin you've been looking for either from campaigns, mining or from trade if just save and hold it, I myself always sell some of the bitcoin that I get for me to enjoy Or I use, and some of the bitcoin that I can save because I think the price is growing high in the future,

Why we should not sell our bitcoin ever? How can we enjoy our profits? I think this is such a bad idea for not selling bitcoin because how can you spend and enjoy the money that you made in bitcoin if you will not sell it? You need to sell it because not all the stores in the world accept bitcoin.

if only I listened to you

I think the main reason users do not sell their bitcoin or hold their bitcoin because of course is related to the price of bitcoin in the market. Maybe bitcoin prices have not matched their expectations. Or have not yet reached the target price that users expect. I also always be patient to hold my bitcoin, when the price is not in accordance with my expectations

I think that's the answer, of course users will not hold their bitcoins for the rest of their lives, it might be more reasonable if they hold for a long time on the grounds because bitcoin is a valuable asset to hold up to the future because of the incredible bitcoin potential

I think the main reason users do not sell their bitcoin or hold their bitcoin because of course is related to the price of bitcoin in the market. Maybe bitcoin prices have not matched their expectations. Or have not yet reached the target price that users expect. I also always be patient to hold my bitcoin, when the price is not in accordance with my expectations

any how is it is not a good idea not to sell our bitcoin for ever, i think people earn money for facilitating their life and i think we can facilitate our life if we are using bitcoin for fulfilling our needs therefore we should use bitcoin to make our llife more facilitated and to enjoy it.

Whenever I read arguments such as in the OP, they always leave me mouth agape. Why wouldn't anyone sell their bitcoins if they were in dire need to solve a cash problem or they read into technical analysis that the coin may crash? I really don't get this part. Do we really see Bitcoin as a god or as an asset? I would sell if the price is right and then wait to buy back at a dip. This is because I see Bitcoin as an asset, not as an untouchable tin god.

Bitcoin users are dreaming to become millionaires and keep their coins. This creates an increased demand for coins and that is why we constantly see a price increase. It is 100% speculation, and one day all will collapse.

Bitcoin prices have potential to rise, there is a prediction that bitcoin price will reach over $6000 this is fairly logical prediction. Because bitcoin users use this coin for trade, buy primary, secondary, and tertiary goods while the maximum amount of bitcoin is limited. This makes the demand for bitcoin to increase, so it's better not to sell bitcoin unless there is an urgent need  because bitcoin is really profitable.

I think you should keep hold of bitcoin, because holding bitcoin certainly has chance to get big advantage from bitcoin. And i will try to manage bitcoin well, because i believe the progress of bitcoin is increasing.

I will sell my coins if I am making good profits from it but I will never sell all my coins and will save some of them for future as price will be higher in long term so its better to have some coins in wallet to sell them at higher price in future.

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?

I think you should keep hold of bitcoin, because holding bitcoin certainly has chance to get big advantage from bitcoin. And i will try to manage bitcoin well, because i believe the progress of bitcoin is increasing.