In response to OP:
Just because the Bitcoin has reached a high value, doesn't mean that the fiat has lost it's value. Maybe it's just that there's a lot of people who have entered the Bitcoin world and invested a lot of their money into Bitcoin. That doesn't mean that fiat has no more value, right? It's just that they migrated into another currency. I'm pretty sure even if that's the situation, fiat will still have the same value and people would still accept it as a payment method.
Topic: Why You Should Never Sell Your Bitcoins Ever - page 76. (Read 270141 times)
Holding for the long term is the key to be successful in bitcoin, that is the best way to do as we are the trusting the future of bitcoin that it would give us money. We are all optimistic that the price of bitcoin will rise due to some big adoptions that will happen in the future and it is just right to put our money on what we believe.
It can be true that you can be profitable if you hold or invest in bitcoin for long term. But it is more profitable if you can take advantage of the fluctuations of bitcoin price. Even if you do not trade so much, you can see that bitcoin price rise and fall. YOu can allot some bitcoins from your investment to use for selling when it rises, and buying when it drops. THis way you will have more bitcoins in the future.
Selling bitcoin never doesn't make any sense, if we never sell our coins then we will never get our profits and if that is the case then its useless to invest money in it, I will prefer to sell some of them when it touches $1k.
If you think back on 2009 , people absolutely no interest with something unknown and new.
Even if there are some people buy bitcoin on that time, they will sell as long as the value increased ! Imagine if you keep bought 1000 btc on that time and sell in this year..... What are you to be now ?
Even if there are some people buy bitcoin on that time, they will sell as long as the value increased ! Imagine if you keep bought 1000 btc on that time and sell in this year..... What are you to be now ?
If we would have bought at that time then at this stage I think we would have retired from work by selling them at current price, but I think the mistake we did was we didn't had enough faith in bitcoin at that time.
in fact tie traveler etc. is just a "dream" no more.
people can back to past or future, this is make a mess of nature.
i think we can't holding our bitcoin forever.
better to use it, for make bitcoin transaction rising, or we can sell it our bitcoin at higher price.
better to use it, for make bitcoin transaction rising, or we can sell it our bitcoin at higher price.
That's the right thing to do, if its allowing us to make profits then there is nothing wrong in selling them in order to secure profits as we know that we can buy it again when price drops in future.
i think we can't holding our bitcoin forever.
better to use it, for make bitcoin transaction rising, or we can sell it our bitcoin at higher price.
better to use it, for make bitcoin transaction rising, or we can sell it our bitcoin at higher price.
If you think back on 2009 , people absolutely no interest with something unknown and new.
Even if there are some people buy bitcoin on that time, they will sell as long as the value increased ! Imagine if you keep bought 1000 btc on that time and sell in this year..... What are you to be now ?
Even if there are some people buy bitcoin on that time, they will sell as long as the value increased ! Imagine if you keep bought 1000 btc on that time and sell in this year..... What are you to be now ?
If we would have bought at that time then at this stage I think we would have retired from work by selling them at current price, but I think the mistake we did was we didn't had enough faith in bitcoin at that time.
If you think back on 2009 , people absolutely no interest with something unknown and new.
Even if there are some people buy bitcoin on that time, they will sell as long as the value increased ! Imagine if you keep bought 1000 btc on that time and sell in this year..... What are you to be now ?
Even if there are some people buy bitcoin on that time, they will sell as long as the value increased ! Imagine if you keep bought 1000 btc on that time and sell in this year..... What are you to be now ?
Well if I am one those people who are early with bitcoin and bought 1,000 bitcoins. I don't think I will still going to work with my current job.
What I am going to do is that I will going to build my own mini business that is going to be a good source of my income.
And I will going to be the own boss of my own business, but I don't think I will going to have total of 1,000 btc by this time because for sure that is going to be lesser now.
If you think back on 2009 , people absolutely no interest with something unknown and new.
Even if there are some people buy bitcoin on that time, they will sell as long as the value increased ! Imagine if you keep bought 1000 btc on that time and sell in this year..... What are you to be now ?
Even if there are some people buy bitcoin on that time, they will sell as long as the value increased ! Imagine if you keep bought 1000 btc on that time and sell in this year..... What are you to be now ?
Well if I am one those people who are early with bitcoin and bought 1,000 bitcoins. I don't think I will still going to work with my current job.
What I am going to do is that I will going to build my own mini business that is going to be a good source of my income.
And I will going to be the own boss of my own business, but I don't think I will going to have total of 1,000 btc by this time because for sure that is going to be lesser now.
If you think back on 2009 , people absolutely no interest with something unknown and new.
Even if there are some people buy bitcoin on that time, they will sell as long as the value increased ! Imagine if you keep bought 1000 btc on that time and sell in this year..... What are you to be now ?
Even if there are some people buy bitcoin on that time, they will sell as long as the value increased ! Imagine if you keep bought 1000 btc on that time and sell in this year..... What are you to be now ?
Some people think that you should never sell your Bitcoin because they think that the value of the Bitcoin is going to be of the charts in the future.
I like to sell my Bitcoin when I can make a profit because I cannot wait for the future.
I like to sell my Bitcoin when I can make a profit because I cannot wait for the future.
Well that is majorities what been thinking for a long time before that is why we need to be patient and keep on waiting for the price we are going to see the price increase. And by just holding it and waiting for the movement of price we are going to get profit out of it even without going to have a lot of effort with it.
Put some patience to wait for the large price rally and not on giving time too much to reach their desired target.
Traders got more profit out of this than holding a long time doing nothing when large rally cames.
That's true and that's what exactly I am doing right now. Bitcoin has a huge potential to become the most expensive currency in the world in near future and you must save your earnings, to make the most out of it.
Just hold it for another 5-7 years and you will see the magic of bitcoin if you don't sell all your bitcoins by then. Have patience.
Just hold it for another 5-7 years and you will see the magic of bitcoin if you don't sell all your bitcoins by then. Have patience.
No target, still buying what I can afford to lose. When the time comes, I won't need fiat, I'll just spend from my btc savings. Which btw,I consider my btc a form of savings account, not a standard investment so I don't really plan to be in and out at the markets whim. Just letting what happens happen. I figure if we ever hit $100k USD per BTC I might buy something nice, but I wouldn't use all my holdings.
Its difficult to expect that high price from bitcoin in future, I don't think bitcoin can go over $10k in future and that is also not sure whether it will achieve that price or not.
Bitcoin will be holding great price in future so its better to wait for that moment when we see all time high price of bitcoins and selling them to earn higher profits.
That is what I am doing now and I am confident that the price of bitcoin is going to increase and going to reach up to $800-$1,000 that is why I believe that holding is going to give us good profit if we are just going to be patient with it and going to wait for the price pump that is going to
happen in the next days.
Yes its better to hold our coins till the end of the year, as everyone is hoping that price will be at its peak by that time so I think that would be the better time to sell our coins.
Some people think that you should never sell your Bitcoin because they think that the value of the Bitcoin is going to be of the charts in the future.
I like to sell my Bitcoin when I can make a profit because I cannot wait for the future.
I like to sell my Bitcoin when I can make a profit because I cannot wait for the future.
Well that is majorities what been thinking for a long time before that is why we need to be patient and keep on waiting for the price we are going to see the price increase. And by just holding it and waiting for the movement of price we are going to get profit out of it even without going to have a lot of effort with it.
No target, still buying what I can afford to lose. When the time comes, I won't need fiat, I'll just spend from my btc savings. Which btw,I consider my btc a form of savings account, not a standard investment so I don't really plan to be in and out at the markets whim. Just letting what happens happen. I figure if we ever hit $100k USD per BTC I might buy something nice, but I wouldn't use all my holdings.
Its difficult to expect that high price from bitcoin in future, I don't think bitcoin can go over $10k in future and that is also not sure whether it will achieve that price or not.
Some people think that you should never sell your Bitcoin because they think that the value of the Bitcoin is going to be of the charts in the future.
I like to sell my Bitcoin when I can make a profit because I cannot wait for the future.
I like to sell my Bitcoin when I can make a profit because I cannot wait for the future.
I think Bitcoin price will eventually rise but Im really starting to feel it's a dead end. New ideas and projects will eventually take over and Bitcoin has a very tainted image already that I feel it can't shake off. It will still be used as a gateway to buy other coins or gambling, etc but unless something drastic happens and changes the scenery I don't really think it will be very relevant in 5 years the way things are going.
Still I'd sell it at that high price but it really depends on how fiat is doing at that time. If it's showing clear signs of collasping then I think we would have bigger problems haha but then anyways I would pick bitcoin, but I don't see that scenario happening.
The only thing why you should never sell your bitcoin is that it's currency is fluctuating every time. It could go on a high rate anytime. So, if you're gonna sell your bitcoin and it's currency go high in an instant and you didn't expect that, I think you'll regret it for the rest of your life because that's one of the greatest mistake you'll ever made in the rest of your whole life.
That is what I am doing now and I am confident that the price of bitcoin is going to increase and going to reach up to $800-$1,000 that is why I believe that holding is going to give us good profit if we are just going to be patient with it and going to wait for the price pump that is going to
happen in the next days.
Also remember to take advantage of price fluctuations especially the large one so your holding will more be worth
There's no instant increase to $1000 mark so if ever large rally will happen, I think at the line of $900 many will dump their coins as soon as the big players will do such dump.
People can take advantage of it so that people coins are not stuck waiting for long time to reached the $1000 mark.
the price fluctuations of bitcoin can give us a chance to get another profit beside we hold our bitcoin and can help us to grow our bitcoin. for now situations, the fluctuations will be go up and down and this is a good chance for us.
if we want to trading with this fluctuations, i suggest to use half or quarter of our bitcoins, so we still have bitcoin in our wallet to keep and hold it for a while.
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