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Topic: Why You Should Never Sell Your Bitcoins Ever - page 60. (Read 270139 times)

sr. member
Activity: 462
Merit: 250
They are waiting for the right time to sell thier bitcoins..10 years would the minimum to store it  on a cold wallet and max of 20 years.
Maybe some day 1 btc is equal to  a sportscar.
hero member
Activity: 644
Merit: 500
No one knows this answer....nobody.  maybe it goes up maybe it goes down.  I believe in the fundamentals of btc and am long btc, but i might be wrong.  I do tend to believe that the ecosystem is growing and will see a very long growth period ahead so the value might tend to be bullish over the long haul.

The best thing is to sell a part of it when you see a reasonable price so that you don't miss the chance, because the price of bitcoin is unpredictable, we cannot know if it will grow later on or it will drop down, so it is always better to sell some of it and keep some so that we don't miss any of the chances.

I agree with you mate. Sell some of your bitcoins if the price you think is really good enough for you to make a profit. It's like gambling we can't predict the outcome of the price of the bitcoins it's constant for change.
sr. member
Activity: 672
Merit: 250
No one knows this answer....nobody.  maybe it goes up maybe it goes down.  I believe in the fundamentals of btc and am long btc, but i might be wrong.  I do tend to believe that the ecosystem is growing and will see a very long growth period ahead so the value might tend to be bullish over the long haul.

The best thing is to sell a part of it when you see a reasonable price so that you don't miss the chance, because the price of bitcoin is unpredictable, we cannot know if it will grow later on or it will drop down, so it is always better to sell some of it and keep some so that we don't miss any of the chances.
newbie
Activity: 58
Merit: 0
No one knows this answer....nobody.  maybe it goes up maybe it goes down.  I believe in the fundamentals of btc and am long btc, but i might be wrong.  I do tend to believe that the ecosystem is growing and will see a very long growth period ahead so the value might tend to be bullish over the long haul.
What matters is we are seeing that the ecosystem are growing and when it grows we are benefited, we'll sell at the right time but to never sell is fool.

The market cap of the bitcoin has more than doubled in the last 12 months. It is possible it will increase again.
legendary
Activity: 3150
Merit: 1148
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No one knows this answer....nobody.  maybe it goes up maybe it goes down.  I believe in the fundamentals of btc and am long btc, but i might be wrong.  I do tend to believe that the ecosystem is growing and will see a very long growth period ahead so the value might tend to be bullish over the long haul.
What matters is we are seeing that the ecosystem are growing and when it grows we are benefited, we'll sell at the right time but to never sell is fool.
legendary
Activity: 3752
Merit: 1415
No one knows this answer....nobody.  maybe it goes up maybe it goes down.  I believe in the fundamentals of btc and am long btc, but i might be wrong.  I do tend to believe that the ecosystem is growing and will see a very long growth period ahead so the value might tend to be bullish over the long haul.
hero member
Activity: 868
Merit: 500
Even believing into bitcoin storing it for a long period makes no sense, even knowing the huge potencial bitcoin does, has, but store bitcoin for over 10-20 years might be insane, considering you can sell and buy always  taking your profit and increasing it. But i had regret had sold some bitcoins at 250 dolalrs value, but i needed the money.
sr. member
Activity: 336
Merit: 250
You're only covering one side of this, what happens if Bitcoin crashes? There's never a reasonable price to sell at because you simply don't know what the price of Bitcoin is going to be in one year from now. Will it be a fraction of what it is now? Will it be doubled? Use Bitcoin, meaning buying and selling, as you please. Don't expect fiat currency to crash in the near future and for the world to start using Bitcoin.
If it crashes then your money is gone, you cannot save it anymore because you are too greedy waiting for nothing, there's no guarantee bitcoin will be more popular in the future although the trends tells it so, there still a risk and as an investor you must know when to sell your bitcoins.

Yes i agree.. look on the other side too. Investing on bitcoins is also risky. There is so many what ifs. As of now practically speaking, we should be wise yo save our bitcoins since its price are continously growing. it is really better to hold your bitcoins now and sell it when it reach the highest price. But if you want to sell it, its still really up to you. You can sell your bitcojns anytime but better think now before you sell.
legendary
Activity: 3108
Merit: 1290
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You're only covering one side of this, what happens if Bitcoin crashes? There's never a reasonable price to sell at because you simply don't know what the price of Bitcoin is going to be in one year from now. Will it be a fraction of what it is now? Will it be doubled? Use Bitcoin, meaning buying and selling, as you please. Don't expect fiat currency to crash in the near future and for the world to start using Bitcoin.
If it crashes then your money is gone, you cannot save it anymore because you are too greedy waiting for nothing, there's no guarantee bitcoin will be more popular in the future although the trends tells it so, there still a risk and as an investor you must know when to sell your bitcoins.
legendary
Activity: 2828
Merit: 1514
You're only covering one side of this, what happens if Bitcoin crashes? There's never a reasonable price to sell at because you simply don't know what the price of Bitcoin is going to be in one year from now. Will it be a fraction of what it is now? Will it be doubled? Use Bitcoin, meaning buying and selling, as you please. Don't expect fiat currency to crash in the near future and for the world to start using Bitcoin.
hero member
Activity: 3052
Merit: 685
You should never sell your bitcoins for anything right now because its gonna be very profitable in the future so it would be stupid and its also not worth it to sell it right now, you should not do it for a little profit these days.
Do we have to listed to you? If you know the future then we will. I guess that decision is base on individual's assessment and I believe we can sell anytime we want provided we have a profit when selling, that is just the most important to sell for a profit and you can do that if you will not panic when distress times comes.
member
Activity: 86
Merit: 10
You should never sell your bitcoins for anything right now because its gonna be very profitable in the future so it would be stupid and its also not worth it to sell it right now, you should not do it for a little profit these days.
sr. member
Activity: 336
Merit: 250
time will come that btc will grow in our economy. so maybe we can trade it for more higher value than today. just save it and invest your money you will never regret it. fiat system will be lose via fiat system that's what im seeing through my mind. and I hope when the btc value gets more higher im gonna go shopping and buy some gadgets that will help me to grow my btc more. Cheesy
i think the more people who invest in btc the more btc value gets raised ? am I right ? but the economy should be balance so im not expecting that the value of btc gets more higher because if its happen many people will get rich easily those people has a 50 btc and if the btc value gets more higher. omyg they're instant rich people hahaha. but dont get me wrong i want to get rich too via btc that's why im hardworking because we all know that Bitcoins is the future of the economy . Bitcoins has a lot advantages than any other currency Wink

Yeah a great and bright future is waiting for bitcoins ahead and I am sure that bitcoin will go beyond our expectations in future and it will change the financial system for sure and thinking of all those factors I am try my best to accumulate as much coins as possible and save it for the future so that I can sell them when the right time comes.
hero member
Activity: 854
Merit: 500
time will come that btc will grow in our economy. so maybe we can trade it for more higher value than today. just save it and invest your money you will never regret it. fiat system will be lose via fiat system that's what im seeing through my mind. and I hope when the btc value gets more higher im gonna go shopping and buy some gadgets that will help me to grow my btc more. Cheesy
i think the more people who invest in btc the more btc value gets raised ? am I right ? but the economy should be balance so im not expecting that the value of btc gets more higher because if its happen many people will get rich easily those people has a 50 btc and if the btc value gets more higher. omyg they're instant rich people hahaha. but dont get me wrong i want to get rich too via btc that's why im hardworking because we all know that Bitcoins is the future of the economy . Bitcoins has a lot advantages than any other currency Wink
hero member
Activity: 910
Merit: 550
time will come that btc will grow in our economy. so maybe we can trade it for more higher value than today. just save it and invest your money you will never regret it. fiat system will be lose via fiat system that's what im seeing through my mind. and I hope when the btc value gets more higher im gonna go shopping and buy some gadgets that will help me to grow my btc more. Cheesy
full member
Activity: 158
Merit: 100
Why we should never sell our Bitcoin ? What is the used of hoarding lots of Bitcoin and never gonna sell it. We should sell our Bitcoin if you think you will profit 100% or 200% from the price that you bought your Bitcoin. Because holding it forever is nonsense .

I agree with that, holding them for certain period of time is good but only holding and never selling them doesn't make any sense, you should sell your coins when the price of bitcoins exceeds your entry price in order to make profits and buy them back when price falls in future.

Buy low, sell high. Sounds easy. Why don't we all do that?

Reality is that most of us end up doing the opposite, the whales and Mr. Market decide where the market goes. Just hold on to those scarce bitcoins.

Buy low/sell high only works if you are patient.

Remember, there were also people who bought bitcoin @1200$. Where are they now? How many of them are still waiting to sell their coins from 1200$+ to make profits? They also thought they were buying the coins from the bottom.

Patience is the key word.

If you'll ever gonna need your money somewhere in the future, don't trade bitcoins with that money. You can trade gold, euro's, us dollars or similar strong currencies but not bitcoin. You won't be able to get out when your money's worth is 1/2 of what it was before in a day.

While everybody estimates Bitcoin's worth in USD, it is just dumb to keep all your wealth as bitcoins.

Tldr; be patient or gtfo.

Yes, many people do not have the patience. I also get nervous when Bitcoin cheaper. Nobody wants to lose their money. But they all want to earn. Therefore, you need to have experience in trading
legendary
Activity: 3276
Merit: 2442
Why we should never sell our Bitcoin ? What is the used of hoarding lots of Bitcoin and never gonna sell it. We should sell our Bitcoin if you think you will profit 100% or 200% from the price that you bought your Bitcoin. Because holding it forever is nonsense .

I agree with that, holding them for certain period of time is good but only holding and never selling them doesn't make any sense, you should sell your coins when the price of bitcoins exceeds your entry price in order to make profits and buy them back when price falls in future.

Buy low, sell high. Sounds easy. Why don't we all do that?

Reality is that most of us end up doing the opposite, the whales and Mr. Market decide where the market goes. Just hold on to those scarce bitcoins.

Buy low/sell high only works if you are patient.

Remember, there were also people who bought bitcoin @1200$. Where are they now? How many of them are still waiting to sell their coins from 1200$+ to make profits? They also thought they were buying the coins from the bottom.

Patience is the key word.

If you'll ever gonna need your money somewhere in the future, don't trade bitcoins with that money. You can trade gold, euro's, us dollars or similar strong currencies but not bitcoin. You won't be able to get out when your money's worth is 1/2 of what it was before in a day.

While everybody estimates Bitcoin's worth in USD, it is just dumb to keep all your wealth as bitcoins.

Tldr; be patient or gtfo.
sr. member
Activity: 672
Merit: 250
I should never sell my Bitcoin because I sure the price will increase in every day, every month and every year. This is best time to buying bitcoin, and I predict the price more than $1000 in next year

Never selling is not the right decision for that, you should rather say you wont sell them until the price reaches to an higher place, because if you never sell them then there is no mean of holding them for so long, we basically hold our coins in order to get more profits out of them.
legendary
Activity: 2242
Merit: 3523
Flippin' burgers since 1163.
Why we should never sell our Bitcoin ? What is the used of hoarding lots of Bitcoin and never gonna sell it. We should sell our Bitcoin if you think you will profit 100% or 200% from the price that you bought your Bitcoin. Because holding it forever is nonsense .

I agree with that, holding them for certain period of time is good but only holding and never selling them doesn't make any sense, you should sell your coins when the price of bitcoins exceeds your entry price in order to make profits and buy them back when price falls in future.

Buy low, sell high. Sounds easy. Why don't we all do that?

Reality is that most of us end up doing the opposite, the whales and Mr. Market decide where the market goes. Just hold on to those scarce bitcoins.
legendary
Activity: 1526
Merit: 1179
I should never sell my Bitcoin because I sure the price will increase in every day, every month and every year. This is best time to buying bitcoin, and I predict the price more than $1000 in next year
Lol I think everyone will not know when the price of bitcoin will pump or when the price will go up, if you continue to hold your bitcoin for resonable difficult to achieve, I think it will only waste the opportunity
No one knows when the price goes up or down, that's right, but you can secure yourself a decent amount of coins at certain levels, such as was the case when the price was sitting below $400 for a very long time.

At that time, I didn't care about whether or not the price would go up or down. My only target was to buy as many coins as possible every month.

And that's something that made me a more than decent profit as we are now hovering above the $700 mark. Some times you just have to buy without thinking too much.

Of course that's not something you can do at current prices. Or maybe... You can, but it won't be a smart thing to do since we're working at much higher prices now.
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