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Topic: Why You Should Never Sell Your Bitcoins Ever - page 86. (Read 270173 times)

hero member
Activity: 1694
Merit: 502
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Its not easy to pay everything with bitcoins, people still need cash to pay for many things. I know circulation of coins, buying things with bitcoins can make btc economy grow. Just what we to do when we need money? Is it better to sell some coins, or to go to borrow that money?
Time need to pass for bitcoin to be adopted in all shops and stores, and other places. Future will show how much strong bitcoin is, and can bitcoin hold world market on its back.
member
Activity: 101
Merit: 10
I partially agree with OP but in the current situation we can't buy everything with Bitcoins. Eg I can't pay my rent with it so we have to cope both with fiat and Bitcoin Smiley
hero member
Activity: 952
Merit: 1000
If the bitcoin price is double than what you bought them at,there is no harm in selling your coins and make some profit.There is highly unlikely that bitcoin price will become stable and you can always buy when price lowers
thats true, though unfortunately the price does not always grow when you buy your bitcoins so you might be losing your money either

Price will go higher in future so if you invest now in bitcoins then you can expect good profits in future so I don't think there is any risk in investing money in it.

legendary
Activity: 2436
Merit: 1008
I don't think that I will sell my coins as this stage, price is  below $600 so not possible to make good profits from it, I will sell only when I see 4 digit price.
of course there is no need to sell your bitcoins at the moment, in my opinion that would be the same as just wasting your money you have right now

Yup its better to wait for next few months to see the higher price of bitcoin and sell when price reaches to your expected level as only holding can be also risky if price drops in future.

It is better if you are just to keep on holding until the price is going to be good at your sight. That is what I'm doing now too, I'm holding and if the price is good to me then I am selling it immediately. But holding forever is not going to be a good decision at all, and even us people who are holding we are not helping for the adoption of bitcoin.

Exactly. Learn to sold some to get profits. Holding too much won't saved you. Remember that price fluctuates for really a big margin of price so you will just watched it and never do dumps? What if the price dips after that? You will wait again lol.
If you are an investor who prefer to hold a long term for your investment then just hold it. Do not be panic if there is a price crisis because that is normal to bitcoin and with some FUD in the community you will really be tempted to sell if your faith is not that strong enough to hold.

What will you do if there's a $200 increase? Just watching it? And then the price decrease again at $200 margin.

What is the result? Time extension. If you are an investor you are eyeing for the profit not for a greed one. After that $200 margin decrease you can accumulate again some nice chips.
sr. member
Activity: 447
Merit: 250
If the bitcoin price is double than what you bought them at,there is no harm in selling your coins and make some profit.There is highly unlikely that bitcoin price will become stable and you can always buy when price lowers
thats true, though unfortunately the price does not always grow when you buy your bitcoins so you might be losing your money either
legendary
Activity: 3108
Merit: 1290
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I don't think that I will sell my coins as this stage, price is  below $600 so not possible to make good profits from it, I will sell only when I see 4 digit price.
of course there is no need to sell your bitcoins at the moment, in my opinion that would be the same as just wasting your money you have right now

Yup its better to wait for next few months to see the higher price of bitcoin and sell when price reaches to your expected level as only holding can be also risky if price drops in future.

It is better if you are just to keep on holding until the price is going to be good at your sight. That is what I'm doing now too, I'm holding and if the price is good to me then I am selling it immediately. But holding forever is not going to be a good decision at all, and even us people who are holding we are not helping for the adoption of bitcoin.

Exactly. Learn to sold some to get profits. Holding too much won't saved you. Remember that price fluctuates for really a big margin of price so you will just watched it and never do dumps? What if the price dips after that? You will wait again lol.
If you are an investor who prefer to hold a long term for your investment then just hold it. Do not be panic if there is a price crisis because that is normal to bitcoin and with some FUD in the community you will really be tempted to sell if your faith is not that strong enough to hold.
legendary
Activity: 2436
Merit: 1008
I don't think that I will sell my coins as this stage, price is  below $600 so not possible to make good profits from it, I will sell only when I see 4 digit price.
of course there is no need to sell your bitcoins at the moment, in my opinion that would be the same as just wasting your money you have right now

Yup its better to wait for next few months to see the higher price of bitcoin and sell when price reaches to your expected level as only holding can be also risky if price drops in future.

It is better if you are just to keep on holding until the price is going to be good at your sight. That is what I'm doing now too, I'm holding and if the price is good to me then I am selling it immediately. But holding forever is not going to be a good decision at all, and even us people who are holding we are not helping for the adoption of bitcoin.

Exactly. Learn to sold some to get profits. Holding too much won't saved you. Remember that price fluctuates for really a big margin of price so you will just watched it and never do dumps? What if the price dips after that? You will wait again lol.
hero member
Activity: 3024
Merit: 745
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I don't think that I will sell my coins as this stage, price is  below $600 so not possible to make good profits from it, I will sell only when I see 4 digit price.
of course there is no need to sell your bitcoins at the moment, in my opinion that would be the same as just wasting your money you have right now

Yup its better to wait for next few months to see the higher price of bitcoin and sell when price reaches to your expected level as only holding can be also risky if price drops in future.

It is better if you are just to keep on holding until the price is going to be good at your sight. That is what I'm doing now too, I'm holding and if the price is good to me then I am selling it immediately. But holding forever is not going to be a good decision at all, and even us people who are holding we are not helping for the adoption of bitcoin.
hero member
Activity: 812
Merit: 1000
I don't think that I will sell my coins as this stage, price is  below $600 so not possible to make good profits from it, I will sell only when I see 4 digit price.
of course there is no need to sell your bitcoins at the moment, in my opinion that would be the same as just wasting your money you have right now

Yup its better to wait for next few months to see the higher price of bitcoin and sell when price reaches to your expected level as only holding can be also risky if price drops in future.
sr. member
Activity: 504
Merit: 250
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I don't think that I will sell my coins as this stage, price is  below $600 so not possible to make good profits from it, I will sell only when I see 4 digit price.
of course there is no need to sell your bitcoins at the moment, in my opinion that would be the same as just wasting your money you have right now
hero member
Activity: 952
Merit: 1000
I don't think that I will sell my coins as this stage, price is  below $600 so not possible to make good profits from it, I will sell only when I see 4 digit price.
legendary
Activity: 2436
Merit: 1008
The price of bitcoin will and must grow till 2020 if you able to save them now till there you will get a great result, as the halving at 2020 will make price hit 900-1000 dollars atleast, if there is no nothing new over this years.

$1,000 should be achieved in 2017, and in 2020 when it was supposed to happen again halving the price could be in the range of $1500-$2,000. maybe we'll get a surprise of bitcoin prices during a trip to 2020, I hope there are a lot of positive news about bitcoin, so prices continue to rise every year.

I don't mind if in 2017, $1000 price won't be achieved. I don't want a big fluctuations in just a short period of time. We need such good support to the entry level. Year of building support is not enough since the community are easily dragged when there is a bad news. Even for $20 price decrease many will do some dumping.
hero member
Activity: 952
Merit: 1000
The price of bitcoin will and must grow till 2020 if you able to save them now till there you will get a great result, as the halving at 2020 will make price hit 900-1000 dollars atleast, if there is no nothing new over this years.

$1,000 should be achieved in 2017, and in 2020 when it was supposed to happen again halving the price could be in the range of $1500-$2,000. maybe we'll get a surprise of bitcoin prices during a trip to 2020, I hope there are a lot of positive news about bitcoin, so prices continue to rise every year.

Yeah that price can be achieved in the end of this year or in beginning of next year as price is moving up slowly at a moment and once new users will join it will contribute in taking price even higher.
legendary
Activity: 854
Merit: 1000
If the bitcoin price is double than what you bought them at,there is no harm in selling your coins and make some profit.There is highly unlikely that bitcoin price will become stable and you can always buy when price lowers
legendary
Activity: 1554
Merit: 1014
The price of bitcoin will and must grow till 2020 if you able to save them now till there you will get a great result, as the halving at 2020 will make price hit 900-1000 dollars atleast, if there is no nothing new over this years.

$1,000 should be achieved in 2017, and in 2020 when it was supposed to happen again halving the price could be in the range of $1500-$2,000. maybe we'll get a surprise of bitcoin prices during a trip to 2020, I hope there are a lot of positive news about bitcoin, so prices continue to rise every year.
hero member
Activity: 756
Merit: 501
The price of bitcoin will and must grow till 2020 if you able to save them now till there you will get a great result, as the halving at 2020 will make price hit 900-1000 dollars atleast, if there is no nothing new over this years.
legendary
Activity: 2436
Merit: 1008

Yes that is what am I doing because I know that if we are not going to spend our bitcoins or sell for sure we are going to get profit when the price is going to increase. And it is really important when you are into holding the discipline because if you can't help yourself to hold and stop spending actively then you are not going to get profit when the price is going to increase.

How much you hold? Less than 1btc? No sense to hold for long for such a less profit if you only have small quantity of coins in possession. I'd rather circulate my small amount of coins rather than to hold long. It will give my waiting time worth to wait.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
I know a guy that bought a bunch of BTC in 2011 when my friend and I were first getting into it and he has never ever sold a single coin.
I have called him every climb and every collapse and he shrugs it off. He mystifies me.


He definitely trust the potential of bitcoin in the  future since  he doesnt even have plan to spent every single coin out of his coins which is also a good discipline to himself.  He would probably get a good profit  in upcoming years when bitcoin price reach to the moon and  thats worth it for keeping hte coins for so long.

Wow I don't know someone is really doing that, even though I have also good discipline with my saving to bitcoin. I still do spent some of my bitcoins for emergency purposes. And I can't help myself that it is hard to save and you are not going to sell your bitcoins for a long time sometimes there are situations that you must.
Good to know that you really value so much your bitcoins, I mean we should be doing all that way as what we are holding is in great value in the future. IF it is possible to save it then do it and learn the art of disciplining ourselves in order to save more rather than spend.
sr. member
Activity: 303
Merit: 250
It is better to keep some of it and invest some.  You should not sell it because what if ten years from now its price goes really really high.  You must regret if for the rest of your life knowing that you have bitcoins before and could have been rich already.  Keep it and wait for the right time to sell it.  You have to monitor also the price of it then you will know when is the right time to sell it.

I have kept most of my bitcoin in the cold wallet. I also have some invested in the HaoBTC to get some interest.
im also keeping all my bitcoins in a cold storage at the moment, i think that it is the best place to hold your bitcoins right now if you dont want to lose it
That's correct, that is the safest place to save your bitcoins and take them out only if you are satisfied with price and if you are making good profits from it.
You sell your bitcoins when you see a good price and that is the only way you can make money by holding your bitcoins. It does not matter if you wait for a long time before you will sell your bitcoins as long as you make money when you do that.

People will sell their coins only when they are making profits from it and if price as not reached to your satisfaction level then its better to hold and wait for the right time to sell.
legendary
Activity: 3122
Merit: 1140
I know a guy that bought a bunch of BTC in 2011 when my friend and I were first getting into it and he has never ever sold a single coin.
I have called him every climb and every collapse and he shrugs it off. He mystifies me.


He definitely trust the potential of bitcoin in the  future since  he doesnt even have plan to spent every single coin out of his coins which is also a good discipline to himself.  He would probably get a good profit  in upcoming years when bitcoin price reach to the moon and  thats worth it for keeping hte coins for so long.
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