Why You Should Never Sell Your Bitcoins Ever - page 70.

pratap11

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Quote from: tampazeus on October 15, 2016, 03:08:22 AM

Quote from: subham1 on October 15, 2016, 02:19:53 AM

For me its quiet different that i never hold my bitcoins because i do not believe in such a long term investement and i like to earn and generate profits in the present,and the common way to earn through bitcoins in trading where we have to keep buying and selling bitcoins all the time.

Even if you are not a regular trader its always good to sell them when price is higher and allowing to make profits instead of holding them for long term as price may even fall in future and then to make profits we need to wait longer.

I also believe in selling the bitcoins when the price is high and take the advantage of that moment rather than just waiting because you can buy them again when the price is low again,its important to take the advantage of that situation and recieve whatever profit you getting instead of expecting more and more.

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Quote from: freedomgo on October 15, 2016, 02:15:25 AM

Quote from: Oralmat on October 15, 2016, 01:31:15 AM

Quote from: maudevang on October 14, 2016, 05:29:11 PM

Selling is not a good thing and another fact is that with selling you are just making a little bit of profit, you can better wait on better prices to sell your bitcoin for.
Also the fact that the bitcoin can become the currency of the future makes it for me pretty simple that we should hold it.

But, if you have made money trading, mining or whatever with Bitcoin, you can also sell them and invest in other websites, businesses or start your own. Guys on localbitcoins and Paxful sell a single BTC for 150% its value. Loan sites can return 125% on the investment and who knows where your own idea will go if you fuel it with the money you made from Bitcoins.

Well, for sure we have different ideas we can do with our bitcoin, I have invested online and also use my earnings in the real life, I build a little store as our business and that alone already gives us a good income in a daily basis, I guess even how small your money but if you have the skills to grow it you would achieve your goal.

If you transport those guys to modern times or even just fifty years in the future, those softball pieces of gold were worth a great deal more.

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Quote from: Mastsetad on October 15, 2016, 03:33:05 AM

Quote from: elDano on October 14, 2016, 04:30:55 PM

Selling your bitcoins is not smart because of the fact that it can bring you in big trouble, I agree about the fact it can be good sometimes but most likely if you are selling to fast you can lose money or make less more profit than you could ever do in the future.

Selling bitcoins is good but selling all the coins you have is really not a good idea as the price might grow later on but holding all the coins is also not the best idea because if you dont sell any of it in a good price then it may drop again from that point and you will lose the chance of getting more profits out of it.

Yeah and only holding without selling them at any point doesn't make any sense as it will take opportunity away from you of making profits and if you are investing your money then you have to enjoy the profits too.

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Quote from: elDano on October 14, 2016, 04:30:55 PM

Selling your bitcoins is not smart because of the fact that it can bring you in big trouble, I agree about the fact it can be good sometimes but most likely if you are selling to fast you can lose money or make less more profit than you could ever do in the future.

Selling bitcoins is good but selling all the coins you have is really not a good idea as the price might grow later on but holding all the coins is also not the best idea because if you dont sell any of it in a good price then it may drop again from that point and you will lose the chance of getting more profits out of it.

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Quote from: tampazeus on October 15, 2016, 03:08:22 AM

Quote from: subham1 on October 15, 2016, 02:19:53 AM

For me its quiet different that i never hold my bitcoins because i do not believe in such a long term investement and i like to earn and generate profits in the present,and the common way to earn through bitcoins in trading where we have to keep buying and selling bitcoins all the time.

Even if you are not a regular trader its always good to sell them when price is higher and allowing to make profits instead of holding them for long term as price may even fall in future and then to make profits we need to wait longer.

Yeah you dont make profit if you dont sale it if the bitcoin price increase but depends on you if you want long term or short term of holding bitcoin.

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Quote from: subham1 on October 15, 2016, 02:19:53 AM

For me its quiet different that i never hold my bitcoins because i do not believe in such a long term investement and i like to earn and generate profits in the present,and the common way to earn through bitcoins in trading where we have to keep buying and selling bitcoins all the time.

Even if you are not a regular trader its always good to sell them when price is higher and allowing to make profits instead of holding them for long term as price may even fall in future and then to make profits we need to wait longer.

subham1

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For me its quiet different that i never hold my bitcoins because i do not believe in such a long term investement and i like to earn and generate profits in the present,and the common way to earn through bitcoins in trading where we have to keep buying and selling bitcoins all the time.

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Quote from: Oralmat on October 15, 2016, 01:31:15 AM

Quote from: maudevang on October 14, 2016, 05:29:11 PM

Selling is not a good thing and another fact is that with selling you are just making a little bit of profit, you can better wait on better prices to sell your bitcoin for.
Also the fact that the bitcoin can become the currency of the future makes it for me pretty simple that we should hold it.

But, if you have made money trading, mining or whatever with Bitcoin, you can also sell them and invest in other websites, businesses or start your own. Guys on localbitcoins and Paxful sell a single BTC for 150% its value. Loan sites can return 125% on the investment and who knows where your own idea will go if you fuel it with the money you made from Bitcoins.

Well, for sure we have different ideas we can do with our bitcoin, I have invested online and also use my earnings in the real life, I build a little store as our business and that alone already gives us a good income in a daily basis, I guess even how small your money but if you have the skills to grow it you would achieve your goal.

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Quote from: maudevang on October 14, 2016, 05:29:11 PM

Selling is not a good thing and another fact is that with selling you are just making a little bit of profit, you can better wait on better prices to sell your bitcoin for.
Also the fact that the bitcoin can become the currency of the future makes it for me pretty simple that we should hold it.

But, if you have made money trading, mining or whatever with Bitcoin, you can also sell them and invest in other websites, businesses or start your own. Guys on localbitcoins and Paxful sell a single BTC for 150% its value. Loan sites can return 125% on the investment and who knows where your own idea will go if you fuel it with the money you made from Bitcoins.

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Quote from: mirakal on October 14, 2016, 11:30:49 PM

Quote from: maudevang on October 14, 2016, 05:29:11 PM

Selling is not a good thing and another fact is that with selling you are just making a little bit of profit, you can better wait on better prices to sell your bitcoin for.
Also the fact that the bitcoin can become the currency of the future makes it for me pretty simple that we should hold it.

By holding it, you have a good chance to make good profit in the future but never selling it does not make sense. We have to sell our bitcoins by should be on the right timing and that right timing is when we are making profit when we sell. The future is good so we should put a decent amount of investment if we wanted to make a decent profit as well.

Everyone certainly has a different purpose. I think it's not so bad if it doesn't ever sell and maybe the goal waiting for the price to go very high in the future. but for me, I will always sell my bitcoin whenever. I love to get advantage of the bitcoin and spend it for the my life.

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Quote from: maudevang on October 14, 2016, 05:29:11 PM

Selling is not a good thing and another fact is that with selling you are just making a little bit of profit, you can better wait on better prices to sell your bitcoin for.
Also the fact that the bitcoin can become the currency of the future makes it for me pretty simple that we should hold it.

By holding it, you have a good chance to make good profit in the future but never selling it does not make sense. We have to sell our bitcoins by should be on the right timing and that right timing is when we are making profit when we sell. The future is good so we should put a decent amount of investment if we wanted to make a decent profit as well.

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Selling is not a good thing and another fact is that with selling you are just making a little bit of profit, you can better wait on better prices to sell your bitcoin for.
Also the fact that the bitcoin can become the currency of the future makes it for me pretty simple that we should hold it.

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Quote from: elDano on October 14, 2016, 04:30:55 PM

Selling your bitcoins is not smart because of the fact that it can bring you in big trouble, I agree about the fact it can be good sometimes but most likely if you are selling to fast you can lose money or make less more profit than you could ever do in the future.

It can bring you a bit in trouble but most of the times it will not and its also that selling is not good because the bitcoin has such a good future a head, it will rise to a very high amount in about 5 years from now, well that is my prediction right now.

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Quote from: Dora Doll on October 14, 2016, 04:00:05 PM

i think it is not such a good statement because every one buy bitcoin for the purpose to increase their money and i think for that he must have to sell their bitcoin if you feel that by selling you can really make money,

You should sell it your bitcoin if the price is high and if you are satisfied with your profit i know all people here are collecting bitcoin and holding bitcoin because they are waiting to make a good profit in bitcoin since the price is not stable and time the price can be jump up to 1k value or more. that can increase our profit just for holding it or collecting bitcoins.

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Selling your bitcoins is not smart because of the fact that it can bring you in big trouble, I agree about the fact it can be good sometimes but most likely if you are selling to fast you can lose money or make less more profit than you could ever do in the future.

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Quote from: Dora Doll on October 14, 2016, 04:00:05 PM

i think it is not such a good statement because every one buy bitcoin for the purpose to increase their money and i think for that he must have to sell their bitcoin if you feel that by selling you can really make money,

Not everyone is buying bitcoins for to increase their money and sell back their bitcoins but a lot of people buy bitcoins because they have their business in bitcoin currency and for running it they want to have their money in bitcoin and they can easily spend their bitcoins as currency so they do not want to sell their bitcoins.

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i think it is not such a good statement because every one buy bitcoin for the purpose to increase their money and i think for that he must have to sell their bitcoin if you feel that by selling you can really make money,

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It doesnt require super complex math, there will ever be 21 million BTC , if you can get a hold of a few, they will eventually later be worth alot more.

Limited supply guarantee an increase in price if bitcoin get more popular.

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Quote from: AncilVTwo on October 14, 2016, 10:44:07 AM

Well, I think we should be able to sell our bitcoins anytime we want.
Taking advantage of the price fluctuation is better than keeping it sitting for years. Well that way you earn more.

if we have the necessities of life and dependent with bitcoin, of course we should sell bitcoin for our needs.
but if we are people who have a lot of money. probably better to never sell your bitcoin, besides the price is at a high level to sell all bitcoin.
because if we look at the example at the beginning of bitcoin, maybe it was really nice not to sell for 3 years and sell when prices are rising, more than $1000 in 2013. I think this is likely to occur again in the future.

AncilVTwo

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Well, I think we should be able to sell our bitcoins anytime we want.
Taking advantage of the price fluctuation is better than keeping it sitting for years. Well that way you earn more.

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