Why You Should Never Sell Your Bitcoins Ever - page 55.

Dudeperfect

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Quote from: angaper on December 26, 2016, 09:17:47 AM

Unfortunately lots of bitcoiners are not especially interested in the great advantages of this revolutionary altcoin and they have decided to join this ecosystem only with speculative purposes. So it is just natural to frequently read all those opinions of people willing to sell their coins, but perhaps that is not so bad to have an active and dynamic bitcoin market.

It’s the painful part to see those who are just concerned about the price of bitcoin. Yes, the price has importance, but the technology, core values and the potential of Bitcoin is much more than what they are assuming. On the other hand, we should understand that investors will always look for opportunities and we shouldn’t blame them. Even if I am contradicting myself, that’s the fact. I believe that once we reach a particular milestone of the user base, the price will remain stable or there will be sustainable growth in it and other minor factors won’t affect much.

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Quote from: molsewid on December 26, 2016, 11:03:12 AM

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.

you're right i still prefer to spend my money through bitcoin than exchanging it to fiat then buy things. remember converting bitcoin will always has a fee. and also bitcoin is raising and growing more why would you sell your bitcoin to $800 if you can wait until it reach $1000 barrier .. right ? we must calculate and think before we provide a decision so we wont regret it later..

Well we have not same thoughts but for me i will sell bitcoin because i feel this coming january the price will not stay long what is the price right now and i think 1k value can be happen nearly may or march.. this is my own prediction.. and i am just relying from last year that there is similar movement of the price..

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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.

you're right i still prefer to spend my money through bitcoin than exchanging it to fiat then buy things. remember converting bitcoin will always has a fee. and also bitcoin is raising and growing more why would you sell your bitcoin to $800 if you can wait until it reach $1000 barrier .. right ? we must calculate and think before we provide a decision so we wont regret it later..

angaper

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Unfortunately lots of bitcoiners are not especially interested in the great advantages of this revolutionary altcoin and they have decided to join this ecosystem only with speculative purposes. So it is just natural to frequently read all those opinions of people willing to sell their coins, but perhaps that is not so bad to have an active and dynamic bitcoin market.

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Quote from: deppil on December 16, 2016, 11:07:05 PM

Quote from: butcherboss on December 11, 2016, 12:11:19 PM

I actually agree with you. If in long term the value of bitcoin rises a lot then I am sure many places will start accepting bitcoins and rather than converting them to paper money we should directly use them.

we all know that bitcoin will become increasingly popular in the future and the future is very likely that the price of bitcoin also be sped up. but everyone is not able to hold them for too long bitcoin. because there needs to be paid,

I think most of the people are holding bitcoin for the price increase, as they are expecting that the price of bitcoin can increase more and more, but I think it is also a difficult job to know the real time to start selling, as we can see that when the majority of people start selling bitcoin the price can fell down and you may not be able to get chance to sell bitcoin in right time.

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Quote from: jaysabi on December 25, 2016, 10:57:58 AM

Quote from: Jasad on December 25, 2016, 01:35:50 AM

Quote from: whizter on December 24, 2016, 06:55:34 PM

Quote from: ubitcoin on December 23, 2016, 03:23:29 PM

Quote from: molsewid on December 21, 2016, 11:02:03 AM

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

i think most of the people are holding their bitcoins and not going to sell it. as everyone is so much attracted by the rising price of bitcoin. they are expecting some more increase in the price of bitcoin and therefore they are not going to sell their bitcoins.

if you holding bitcoin only without do anything on it ,
then what is the point having bitcoin? i think you have to spend it at least ,
holding only will never help bitcoin grow but spend it ,
as bitcoin supply are fixed people shouldn't worry about the price.

exactly, I do not spend my Bitcoins now, because I'm sure that soon will be able to sell them at a better price

People are holding it because they're speculators. They think it will be worth more in the future, so they continue to hold. If they're right, then if they would have spent it, they have lost money. That's why some folks might not be keen to spend right now.

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Quote from: Jasad on December 25, 2016, 01:35:50 AM

Quote from: whizter on December 24, 2016, 06:55:34 PM

Quote from: ubitcoin on December 23, 2016, 03:23:29 PM

Quote from: molsewid on December 21, 2016, 11:02:03 AM

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

i think most of the people are holding their bitcoins and not going to sell it. as everyone is so much attracted by the rising price of bitcoin. they are expecting some more increase in the price of bitcoin and therefore they are not going to sell their bitcoins.

if you holding bitcoin only without do anything on it ,
then what is the point having bitcoin? i think you have to spend it at least ,
holding only will never help bitcoin grow but spend it ,
as bitcoin supply are fixed people shouldn't worry about the price.

People are holding it because they're speculators. They think it will be worth more in the future, so they continue to hold. If they're right, then if they would have spent it, they have lost money. That's why some folks might not be keen to spend right now.

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Quote from: whizter on December 24, 2016, 06:55:34 PM

Quote from: ubitcoin on December 23, 2016, 03:23:29 PM

Quote from: molsewid on December 21, 2016, 11:02:03 AM

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

i think most of the people are holding their bitcoins and not going to sell it. as everyone is so much attracted by the rising price of bitcoin. they are expecting some more increase in the price of bitcoin and therefore they are not going to sell their bitcoins.

if you holding bitcoin only without do anything on it ,
then what is the point having bitcoin? i think you have to spend it at least ,
holding only will never help bitcoin grow but spend it ,
as bitcoin supply are fixed people shouldn't worry about the price.

deppil

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Quote from: whizter on December 24, 2016, 06:55:34 PM

Quote from: ubitcoin on December 23, 2016, 03:23:29 PM

Quote from: molsewid on December 21, 2016, 11:02:03 AM

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

i think most of the people are holding their bitcoins and not going to sell it. as everyone is so much attracted by the rising price of bitcoin. they are expecting some more increase in the price of bitcoin and therefore they are not going to sell their bitcoins.

you should be able to sell many or all bitcoin in the price of $ 900 some time ago, because this time the price down to $ 880. I'm sure when you sold all of your bitcoin yesterday, you've got a lot of profit today

OrangeII

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Quote from: whizter on December 24, 2016, 06:55:34 PM

Quote from: ubitcoin on December 23, 2016, 03:23:29 PM

Quote from: molsewid on December 21, 2016, 11:02:03 AM

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

i think most of the people are holding their bitcoins and not going to sell it. as everyone is so much attracted by the rising price of bitcoin. they are expecting some more increase in the price of bitcoin and therefore they are not going to sell their bitcoins.

I also believe that those who hold bitcoin they have to date, are the ones targeting the highest price. I am quite sure, that they actually want to sell their bitcoin, but perhaps now is not the time, because they were after was the highest profit. perhaps the advantage that they are looking for is about $ 500 or more in a single transaction.

whizter

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Quote from: ubitcoin on December 23, 2016, 03:23:29 PM

Quote from: molsewid on December 21, 2016, 11:02:03 AM

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

i think most of the people are holding their bitcoins and not going to sell it. as everyone is so much attracted by the rising price of bitcoin. they are expecting some more increase in the price of bitcoin and therefore they are not going to sell their bitcoins.

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Quote from: Xester on December 24, 2016, 05:55:37 AM

The possibility of bitcoin to never sell it is when it becomes the official legal tender. But as long as it is backed up by dollars it can never happen. Only an independent bitcoin can that possibility happen.

I do not think so. Just high price levels for bitcoin will be more than enough for not needed to selling bitcoins to get the benefits of them. Getting legalized nor being independent not relevant to this in my opinion.

Not selling means we are going to "use". When everything will be available for bitcoin, we can use bitcoins directly.

When will everything be available for bitcoin ? Once bitcoin hits mainstream of adoption.

Xester

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Quote from: ubitcoin on December 23, 2016, 03:23:29 PM

Quote from: molsewid on December 21, 2016, 11:02:03 AM

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

Well if you sell your bitcoin at a low price what good is it to us. If bitcoins price doesn't grow the probably I will never sell my bitcoin until the time that it has big inflation in price. The possibility of bitcoin to never sell it is when it becomes the official legal tender. But as long as it is backed up by dollars it can never happen. Only an independent bitcoin can that possibility happen.

choppork

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Quote from: ubitcoin on December 23, 2016, 03:23:29 PM

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

That is not even the way to get the most profit out of bitcoin trading. People buy whenever the price drops, let's say, 10% and then sell when the price increases for, like, 10% again. And then the base amount resets. It depends on how much is the percentage that you want but people do this as a strategy so no matter what movement bitcoin does, they surely will have either more bitcoins or more fiat than before. Some even use bots for this using their VPS. Simply waiting for the price increase wouldn't get you the most profit, you have to play with the price fluctuations as well.

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Quote from: molsewid on December 21, 2016, 11:02:03 AM

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

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Quote from: molsewid on December 21, 2016, 11:02:03 AM

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I will also hodl the majority of my coins for when the price really shoots up to insanely high levels, but that doesn't mean you can't take profits from time to time.

Other than that I must say that Bitcoin will continue to grow as the number of people in Bitcoin is very tiny. $1000 will be nothing more than a milestone.

If Bitcoin really lives up to what people expect from it, and I am talking about realistical expectations, then we will definitely reach a price of several thousands.

molsewid

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you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

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Quote from: Rinder on December 21, 2016, 09:01:32 AM

The fact of bitcoin not being legal doesnt mean that it cant be purchased online, or with local trader, since this thread was created last year, all were able to see the huge potencial under bitcoin, price last year 200-300 dollars, nowadays 800 dollars, at 2020 we will reach the four digits once again, 1000 dollars and above, this should be used as savings, instead you wait 20 years to get some significant result you can get those reduced to 4 years.

Still the title is wrong, the title clearly stated not to sell bitcoin. I wonder how can we get back our investment if we never sell our bitcoin. it is a total nonsense. Even stating the future price which you cannot enjoy because the title said, never sell your bitcoin ever.

Rinder

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The fact of bitcoin not being legal doesnt mean that it cant be purchased online, or with local trader, since this thread was created last year, all were able to see the huge potencial under bitcoin, price last year 200-300 dollars, nowadays 800 dollars, at 2020 we will reach the four digits once again, 1000 dollars and above, this should be used as savings, instead you wait 20 years to get some significant result you can get those reduced to 4 years.

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Quote from: lienfaye on December 21, 2016, 07:27:11 AM

Quote from: freedomgo on December 21, 2016, 03:57:58 AM

Quote from: shamzblueworld on December 21, 2016, 12:25:44 AM

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.

This would be the course of actions if it comes to that point. But sometimes it would be necessary to do the conversion as I don't think even at that point of time in the future, bitcoin will be accepted everywhere. Many people would still prefer fiat money over it.

The fact that majority of the people does not know about bitcoin yet, it would only tell that it will never be the future and will replace fiat. WE will still be using fiat, but bitcoin is a good investment for online transaction as in the future it would be the trend.

Yes bitcoin is good investment and i believe that in the future btc users will grow and many people will know about it. but for me, you dont have to hold it for a long time as long as you see that the price is good to sell then ill just do it. and invest if the price decrease again.

The reason why some people are just holding their bitcoin without spending any of it is to avoid the risks of losing it . Example if you use some portion of your bitcoin for trading it has a potential to increase but doesn't guarantee that it will 100% .

Tho I agree with you that we should not just hold them but sell them if the price increases and buy again when it decreases . Doing this can help the circulation of bitcoin .

Topic: Why You Should Never Sell Your Bitcoins Ever - page 55. (Read 270173 times)