Why You Should Never Sell Your Bitcoins Ever - page 58.

Mastsetad

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Quote from: Sithara007 on December 02, 2016, 03:52:19 AM

It is very easy to say something like this. But it is very difficult to implement them in real life. I never had Bitcoin holdings of more than BTC0.1. Whenever my holdings got above a certain threshold, I sold them for fiat. Don't have much of an option, as I am facing a cash crunch.

Same here, everytime i spend or sell my bitcoins for fiat i say that next time i will save them, but again when i have some bitcoins and i need cash then again i sell them because i have no options at all, i have no jobs in real world so i have to do that.

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Quote from: Sithara007 on December 02, 2016, 03:52:19 AM

It is very easy to say something like this. But it is very difficult to implement them in real life. I never had Bitcoin holdings of more than BTC0.1. Whenever my holdings got above a certain threshold, I sold them for fiat. Don't have much of an option, as I am facing a cash crunch.

If you do not sell and hold them for the long term, you could have been quite rich by now. The price has risen many times.

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It is very easy to say something like this. But it is very difficult to implement them in real life. I never had Bitcoin holdings of more than BTC0.1. Whenever my holdings got above a certain threshold, I sold them for fiat. Don't have much of an option, as I am facing a cash crunch.

Next BillG

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Quote from: Positid on November 26, 2016, 03:58:21 AM

Quote from: kryptqnick on November 25, 2016, 03:06:51 PM

I get what you mean. Bitcoin can become a lot more profitable than it is right now, so why should we sell it? But there is a problem here. If we don't sell btc we don't really use them, right? Because when you buy smth for btc then you sort of sell btc and take that other thing. And in this situation btc is to become self-sufficient value. But why should we have monwy we don't spend? It just leads to nothing.

Remember that you will only have a chance to make profit when you sell so there's no reason why not sell it. We hold in the future but it should have a definite time and that is part of our investment plan. We have to follow that no matter what.

That is right. The purpose of the investment is to sell afterwards. But for the bitcoin, it is better to hold long term.

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Quote from: kryptqnick on November 25, 2016, 03:06:51 PM

I get what you mean. Bitcoin can become a lot more profitable than it is right now, so why should we sell it? But there is a problem here. If we don't sell btc we don't really use them, right? Because when you buy smth for btc then you sort of sell btc and take that other thing. And in this situation btc is to become self-sufficient value. But why should we have monwy we don't spend? It just leads to nothing.

Remember that you will only have a chance to make profit when you sell so there's no reason why not sell it. We hold in the future but it should have a definite time and that is part of our investment plan. We have to follow that no matter what.

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I get what you mean. Bitcoin can become a lot more profitable than it is right now, so why should we sell it? But there is a problem here. If we don't sell btc we don't really use them, right? Because when you buy smth for btc then you sort of sell btc and take that other thing. And in this situation btc is to become self-sufficient value. But why should we have monwy we don't spend? It just leads to nothing.

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Quote from: error08 on November 25, 2016, 06:37:15 AM

Quote from: Mark02 on November 23, 2016, 05:48:37 PM

Quote from: Shenzou on November 23, 2016, 08:03:03 AM

It is not about never selling your bitcoin it is about waiting that some day you are able to use your bitcoin like real money,but the problem is we are not sure what the future of bitcoin is so holding all of your bitcoin is a bad idea , i would suggest that you spend half of it and keep the other half so if shits goes down you won't regret it

Well you were partly right. Well for me I will save my Bitcoin because it might generate a great profit since more and more people are getting engaged in bitcoin meaning that the demand is getting higher and higher and the price will soon to be pumped. It is reasonable to wait if it will double or tripl your bitcoin holdings isn't it ? Rather than spending it in a nonsense stuffs.

Op idea is clear enough for me and I do agree if you just holding until the time when you can use bitcoin daily and easier accepted payment everywhere, I think you wouldn't get losses of it since people keep investing and have faith in bitcoin, moreover the supply always decrease but the price should raise.
If you already set to sell your coins at certain price (ex:$800-1000) is not problem to gain some profits convert into fiat, but what the point if you will buy bitcoin again but at higher price such as when you sell them or have to wait until bitcoin crash happen and the price fall down to buy again which we expected not to happen anymore due to hacked problem.

Yes, holding your bitcoins is one of the best way for now.. because we would be expecting it to rise to atleast $900-$1000 till next year and that's really beneficial for those who saved a lot of bitcoins. For now, I keep bitcoins in my wallet and uses some of it to make purchase or do trading.. bitcoins is really good for investment so don't sell all of it.

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Quote from: Drago2016 on November 25, 2016, 06:39:44 AM

Quote from: jondeen707 on November 25, 2016, 06:13:32 AM

Quote from: blackmachinegun on November 25, 2016, 05:42:39 AM

Quote from: Orielres on November 24, 2016, 04:33:43 AM

Quote from: goldcoinminer on November 24, 2016, 02:46:09 AM

Quote from: freedomgo on November 24, 2016, 01:27:36 AM

Quote from: Supebox on November 23, 2016, 11:41:56 PM

Quote from: Natalim on November 23, 2016, 11:04:34 PM

Quote from: President79 on November 23, 2016, 09:54:46 PM

I regret having sold 6 bitcoin several months ago, I think prices will continue to fall but bitcoin several weeks after I sell price is thus increased. And now I have to buy bitcoin again and I will hold for a long time or price reach $2000 or more.

There's nothing to regret if you have made profit selling your bitcoins, you can buy now and hold for more years, that way you will make more profit. It's all about the right timing mate, you just have to stay patient if you are really waiting for a good price to hit before you sell.

Indeed you should not even have than regret because you made profit, selling bitcoins is never good when you have the feeling you can make profit but on the other hand profit stays profit no matter what.

The fact is you cannot hold bitcoin forever, otherwise you will not enjoy it's value. Be wise, sell at the right timing.

You are right, timing is the most important in investing. The timing to get in and get out and the timing to buy and sell. It's important to ensure that we can have at least a profit when we will be selling our bitcoins, and as a way to guarantee that we enjoy the value, we must spend as well.

However, it is very to get the timing right. The bitcoin price is too volatile. When you buy , the price could drop.

bitcoin is very volatile because it makes it very difficult to choose the time and the right price to sell bitcoin, it took a good analysis is it the right time to sell or not, a good analysis will determine profits

more often than not, technical analysis is not all it takes to understand when the moment is right.

Yes, that's for sure. Forecasts and analyzes do not guarantee the correct choice of sales during Bitcoins. It is very volatile and unpredictable

Quote from: blackmachinegun on November 25, 2016, 05:42:39 AM

Quote from: Orielres on November 24, 2016, 04:33:43 AM

Quote from: goldcoinminer on November 24, 2016, 02:46:09 AM

Quote from: freedomgo on November 24, 2016, 01:27:36 AM

Quote from: Supebox on November 23, 2016, 11:41:56 PM

Quote from: Natalim on November 23, 2016, 11:04:34 PM

Quote from: President79 on November 23, 2016, 09:54:46 PM

I regret having sold 6 bitcoin several months ago, I think prices will continue to fall but bitcoin several weeks after I sell price is thus increased. And now I have to buy bitcoin again and I will hold for a long time or price reach $2000 or more.

There's nothing to regret if you have made profit selling your bitcoins, you can buy now and hold for more years, that way you will make more profit. It's all about the right timing mate, you just have to stay patient if you are really waiting for a good price to hit before you sell.

Indeed you should not even have than regret because you made profit, selling bitcoins is never good when you have the feeling you can make profit but on the other hand profit stays profit no matter what.

The fact is you cannot hold bitcoin forever, otherwise you will not enjoy it's value. Be wise, sell at the right timing.

You are right, timing is the most important in investing. The timing to get in and get out and the timing to buy and sell. It's important to ensure that we can have at least a profit when we will be selling our bitcoins, and as a way to guarantee that we enjoy the value, we must spend as well.

However, it is very to get the timing right. The bitcoin price is too volatile. When you buy , the price could drop.

bitcoin is very volatile because it makes it very difficult to choose the time and the right price to sell bitcoin, it took a good analysis is it the right time to sell or not, a good analysis will determine profits

That's right due to high volatility one should never sell bitcoin for you never know when the next pump happens and you miss out on making profit.
I think bitcoin is worth holding for next 10 years

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