Why You Should Never Sell Your Bitcoins Ever - page 74.

Mastsetad

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Quote from: terman45x on September 26, 2016, 06:02:26 AM

It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.

Thats exactly what i will do too, because i feel being too greedy always costs you so if you don't sell them when the price is reasonable by thinking that you will earn more profits later when the price goes higher and suddenly price drops back from where it was before and all the profit you could earn is gone now.

praprata

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You should never sell your bitcoins because of the fact that the bitcoin is the currency of the future if you are asking me.
I think that we should all keep it and maybe sell it if the price is only really good.

JumperX

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Quote from: drwtsn32 on September 26, 2016, 09:34:04 AM

Quote from: terman45x on September 26, 2016, 06:02:26 AM

It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.

I agree. Grab the opportunity when it's given to you. You'll never know when it becomes as high again.
I prefer small, stable profits than huge but uncertain ones.

People who believes in making quick profits will never prefer to hod their coins for a long time and they will sell as soon as they are making some profits from it and I think that is the right thing to do.

drwtsn32

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Quote from: terman45x on September 26, 2016, 06:02:26 AM

It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.

I agree. Grab the opportunity when it's given to you. You'll never know when it becomes as high again.
I prefer small, stable profits than huge but uncertain ones.

peta4e

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I don't think I will sell them at current price, as price is too high for me, I am holding my coins since long time and will sell some of them when it touches $800 price and rest when it crosses 4 digit price.

nisya

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i think if the rate is good for me to sell, then i will sell it for make a good profit, but if i think its not good to sell, then i will hold it. i am not agree that we should never sell our bitcoin ever, because we don't know how long the rate will stay at that rate and when the rate will be increase, so for me, better to make a good profit with selling our bitcoin and then if the rate is down, we can buy it again with only small budget but we can get much of bitcoin. its just on my head and i don't with the others member.

chaosknight

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Quote from: ice098 on September 26, 2016, 07:50:01 AM

Quote from: JessicaSe on September 26, 2016, 07:43:01 AM

Quote from: extrabyte on September 26, 2016, 06:41:32 AM

Quote from: terman45x on September 26, 2016, 06:02:26 AM

It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.

this is why i don't prefer to sell my bitcoin. selling bitcoins at this time will give me some profit because when I get them the rate was around 500. but I think bitcoin price will go higher and higher so I prefer to old my coins for longer..

I genuinely feel that selling bitcoins will depend on the price that we bought in the past, I bought when price was $300 last year so I don't think there is anything wrong in selling them at current price as its giving me double profits.

Agree ! We should base it in what price when we bought it . Just like his example $300 then now is $600 it is really the time to sell or if he want to wait more then its also good because price of bitcoin i think it will never be back at $300 Cheesy

So if you earn profit when you sell your bitcoin then its a good choice Cheesy

If he is making double profits then I think there is no point in holding them longer, as price may go down in coming days and then he may need to compromise with his profits.

ice098

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Quote from: JessicaSe on September 26, 2016, 07:43:01 AM

Quote from: extrabyte on September 26, 2016, 06:41:32 AM

Quote from: terman45x on September 26, 2016, 06:02:26 AM

It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.

this is why i don't prefer to sell my bitcoin. selling bitcoins at this time will give me some profit because when I get them the rate was around 500. but I think bitcoin price will go higher and higher so I prefer to old my coins for longer..

I genuinely feel that selling bitcoins will depend on the price that we bought in the past, I bought when price was $300 last year so I don't think there is anything wrong in selling them at current price as its giving me double profits.

Agree ! We should base it in what price when we bought it . Just like his example $300 then now is $600 it is really the time to sell or if he want to wait more then its also good because price of bitcoin i think it will never be back at $300 Cheesy

So if you earn profit when you sell your bitcoin then its a good choice Cheesy

JessicaSe

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Quote from: extrabyte on September 26, 2016, 06:41:32 AM

Quote from: terman45x on September 26, 2016, 06:02:26 AM

It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.

this is why i don't prefer to sell my bitcoin. selling bitcoins at this time will give me some profit because when I get them the rate was around 500. but I think bitcoin price will go higher and higher so I prefer to old my coins for longer..

I genuinely feel that selling bitcoins will depend on the price that we bought in the past, I bought when price was $300 last year so I don't think there is anything wrong in selling them at current price as its giving me double profits.

sishendaoye

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Quote from: n0ne on April 09, 2016, 09:34:59 AM

Quote from: plost24 on April 08, 2016, 05:48:04 PM

even if the price will get higher you must sell your bitcoin and buy and that is the trade for making more bitcoin i don't like the way to sit down and see what the price will be i just like to work for geting more and more.

If the price goes higher try to hold as much possible because price variations will lead you to get a good profit making when years pass.

Ofcourse that's the best way to make profit. But to say never sell your bitcoins ever is not smart because one bitcoin will die out we have to admit to it.
But before that point prices should be high and that's when you should get rid of it to get most out of it.

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Quote from: extrabyte on September 26, 2016, 06:41:32 AM

this is why i don't prefer to sell my bitcoin. selling bitcoins at this time will give me some profit because when I get them the rate was around 500. but I think bitcoin price will go higher and higher so I prefer to old my coins for longer..

Every people has different preferences if they will sold their coins or not. Right now, I have some funds too which I bought back when the price is on $510.

As far as my trading analyzation is concern, it's not making sense if I will sold my coins at $600 today since with this slow price movement, we can expect a price rally thereafter. Just need of a little patience and extra funds to accumulate coins at any price dip.

Catmony

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I will sell my bitcoins whenever i think price is good and use it for my online or offline expenses.

extrabyte

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Quote from: terman45x on September 26, 2016, 06:02:26 AM

It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.

this is why i don't prefer to sell my bitcoin. selling bitcoins at this time will give me some profit because when I get them the rate was around 500. but I think bitcoin price will go higher and higher so I prefer to old my coins for longer..

terman45x

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It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.

crypto.james

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as the price is going up , its not good choice to sel btc now

BTC_ISTANBUL

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If everybody keeps his/her btc, the btc will die.At first the price will sharply increase then sharply fall and btc will disappear and lives in our memories.The more we use the better it gets.

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Quote from: betohell on September 25, 2016, 07:06:50 PM

Quote from: SaShiRaJaVu on September 25, 2016, 05:48:05 PM

by reading your thread i do not know how you are making a living and how much you have spend or invested in bitcoin but what i understand is that everyone is into bitcoin for the monetary gains and i am sure those who have invested in bitcoin would definitely cover their margin and profits now and then

I think someone must have backup funds so that even if they do not sell bitcoin in a long time they still have money that can be used for everyday life

Holding of bitcoins is just going to be good for those people who have a lot of funds in their savings or even in bitcoins. Because if you are going to hold bitcoins and you are just depending on your holdings then that is not going to help you but if you are able a lot of bitcoins and you are holding it as many as you can you are going to earn your wait in the future.

If you really have a trust on bitcoin and you dream to have a good future you will not hesitate to hold, you are right that it is only good for those people who have already a great amount of money, and the principle in this matter shall always apply which is only invest what you can afford to lose.

betohell

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Quote from: SaShiRaJaVu on September 25, 2016, 05:48:05 PM

by reading your thread i do not know how you are making a living and how much you have spend or invested in bitcoin but what i understand is that everyone is into bitcoin for the monetary gains and i am sure those who have invested in bitcoin would definitely cover their margin and profits now and then

I think someone must have backup funds so that even if they do not sell bitcoin in a long time they still have money that can be used for everyday life

SaShiRaJaVu

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by reading your thread i do not know how you are making a living and how much you have spend or invested in bitcoin but what i understand is that everyone is into bitcoin for the monetary gains and i am sure those who have invested in bitcoin would definitely cover their margin and profits now and then

20kevin20

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Quote from: Asmonist on September 25, 2016, 01:14:55 PM

Quote from: batang_bitcoin on September 19, 2016, 08:54:43 PM

Quote from: co5hike on September 19, 2016, 04:53:42 AM

Quote from: groll on September 19, 2016, 04:50:28 AM

Quote from: Doms on September 19, 2016, 12:14:17 AM

I might have to sell even if the price hasn't reached my sell target yet. Although I am still at a gain with what I have bought in the last few months, it is still not at the level where I could have maximized my profits. But then again, a gain is a gain, whatever way you put it. I'll just keep on earning and buying a small amount so I could somehow have additional investment for the future.

Yes, because it is our decision and no one can change it. If the need arise then we should sell our bitcoins if we really needed it. It is okay also to sell some if we feel that we need it. Earning is the way to have more bitcoins since buying some feels like a loss for me if you still have not gain anything when you buy them before.

If you are earning it then you should not worry in selling them at the time of emergencies, as if you work on it you can again get them back, but people who are buying it as an investment will prefer to hold them in long term.

Yes there are some situations that we need to consider and if some incidents comes as emergency then you must need to sell your bitcoins and you need that to convert into cash. Just like me, I am just holding some of my bitcoins for a long time but when I ran out of allowance then I don't have choice but to sell my bitcoins.

You might use the bitcoin as a collateral to borrow fiat to deal with the emergency. But if you have to sell, then just sell.

Good idea. It's easier like this for me for example, as I'm living in a country where BTC isn't popular at all. I never relied on Bitcoin though and I never will, so to make sure I will never touch my savings I prefer to 'forget' about my saved amount and try to only go for cash. If I didn't have BTC saved up, what would have I done?

Topic: Why You Should Never Sell Your Bitcoins Ever - page 74. (Read 270139 times)