Why You Should Never Sell Your Bitcoins Ever - page 88.

noormcs5

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Quote from: Maslate on August 04, 2016, 06:31:02 AM

Quote from: ajun96 on August 04, 2016, 04:07:14 AM

Quote from: adibe on July 29, 2016, 12:14:27 PM

Well, i always sell my bitcoins, because i need turn my bitcoins into money/fiat for my daily things. If i never sell my bitcoins, so what must i do with my bitcoins ?

Lol I think people wait and do not sell their bitcoin as they wait for high prices? they also have needs just like you. they use bitcoin and convert it to a fiat to buy daily necessities. but they certainly want to sell at high prices so they hold back and wait for higher prices

That is the problem with some of the investors here because we failed to follow the basic principle in investing, if we put our money in bitcoin we must ensure that the amount we put is the amount we can afford to lose and no matter what happen we should not cash out easily.

I do not agree with this completely. If you are an investor in Bitcoin, then you should buy and sell coins as and when needed to gain profits. Keeping them safe in wallet and not spending/selling can give u one time good profits once you sell them after few years.

CryingMidget

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Quote from: shadobitz on August 08, 2016, 10:07:02 AM

If anybody can afford to hold than it is best strategy because after sometimes price is would get rise, I don't have a lot of bitcoin that is why I would like to see price would get touch in 5 figures, maybe this could happen after few years but I will wait for this.

Bro Everyone making bitcoin by hard workHow they offer the bitcoin for your savings and then I think We can sell the bitcoin when we need that time itself not at all the times. I believe all are doing like same.

Pepply

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I wont sell until $25,000.

shadobitz

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If anybody can afford to hold than it is best strategy because after sometimes price is would get rise, I don't have a lot of bitcoin that is why I would like to see price would get touch in 5 figures, maybe this could happen after few years but I will wait for this.

Next BillG

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Quote from: Japinat on August 07, 2016, 09:14:42 PM

Holding our bitcoins will not help us if we are just going to hold it forever, the real strategy is to have a proper timing to make money. We need to have a written plan which is our goal in the future and make sure once you see the price you desired you sell it for profit.

Yes that's what I have said earlier. That's true you must have set the right time before you are going to sell your bitcoins. As long as it is going to make you feel comfortable and happy at the current price by that time then it is going to give you good profit at all. But holding forever is not really a good thing.

I bought several bitcoins a few years ago. I have hold most of the coins and the price has risen quite a lot.

Japinat

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Holding our bitcoins will not help us if we are just going to hold it forever, the real strategy is to have a proper timing to make money. We need to have a written plan which is our goal in the future and make sure once you see the price you desired you sell it for profit.

batang_bitcoin

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Quote from: peta4e on August 07, 2016, 08:35:04 PM

Quote from: betohell on August 07, 2016, 08:05:09 PM

Quote from: Blackmet on August 07, 2016, 07:58:13 PM

It's a good stategy to wait everytime for something, but i think that if you living on money from bitcoin only, you should sell not even looking on price sometimes.

I think for the moment we can not just rely using bitcoin to live. because of course we can not buy goods and needs with bitcoin. we have to sell it to a fiat to be able to use it. but to sell you have to see the price first

Yes price is really important and if you are satisfied with the price then I think you should not hesitate in selling your coins to secure some profits from it.

Holding your bitcoins forever is useless. And yes you just need to wait for the right price so that you are going to be satisfied with it and going to get profit when the price is going to be at good range then that's the right time to sell your bitcoins. And of course read some updates, speculation of experts if it is still good to hold.

peta4e

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Quote from: betohell on August 07, 2016, 08:05:09 PM

Quote from: Blackmet on August 07, 2016, 07:58:13 PM

It's a good stategy to wait everytime for something, but i think that if you living on money from bitcoin only, you should sell not even looking on price sometimes.

I think for the moment we can not just rely using bitcoin to live. because of course we can not buy goods and needs with bitcoin. we have to sell it to a fiat to be able to use it. but to sell you have to see the price first

Yes price is really important and if you are satisfied with the price then I think you should not hesitate in selling your coins to secure some profits from it.

betohell

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Quote from: Blackmet on August 07, 2016, 07:58:13 PM

It's a good stategy to wait everytime for something, but i think that if you living on money from bitcoin only, you should sell not even looking on price sometimes.

I think for the moment we can not just rely using bitcoin to live. because of course we can not buy goods and needs with bitcoin. we have to sell it to a fiat to be able to use it. but to sell you have to see the price first

Blackmet

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It's a good stategy to wait everytime for something, but i think that if you living on money from bitcoin only, you should sell not even looking on price sometimes.

BeGoods

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Quote from: CryingMidget on July 29, 2016, 10:29:14 AM

Quote from: Dagmon on July 25, 2016, 07:28:02 AM

Quote from: Orielres on July 20, 2016, 08:57:43 AM

So far, I have not sold any bitcoin. I just used some bitcoins. I think the bitcoin is the best investment so far.

I think it is good to hold and use the bitcoin. The bitcoin price will rise in long term. If you use it, it will also help the price.

Lol I can't sell my bitcoin if I don't have. But I only sell my bitcoin when the price increase I can make profit with it.
I know that not selling your bitcoin have some good things, but people love to make profit.

nope i think if you're using bitcoin to trade. I think it also helps bitcoin. because you're going to make bitcoin market being crowded in an exchange. maybe when you buy bitcoin would be to have a good effect for bitcoin. but I agree with you. I'm not going to sell bitcoinku when prices are low. I will wait until the price is high or in accordance with my expectations

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Quote from: agustina2 on August 04, 2016, 09:47:27 AM

Quote from: Maslate on August 04, 2016, 06:31:02 AM

Quote from: ajun96 on August 04, 2016, 04:07:14 AM

Quote from: adibe on July 29, 2016, 12:14:27 PM

Well, i always sell my bitcoins, because i need turn my bitcoins into money/fiat for my daily things. If i never sell my bitcoins, so what must i do with my bitcoins ?

Lol I think people wait and do not sell their bitcoin as they wait for high prices? they also have needs just like you. they use bitcoin and convert it to a fiat to buy daily necessities. but they certainly want to sell at high prices so they hold back and wait for higher prices

That is the problem with some of the investors here because we failed to follow the basic principle in investing, if we put our money in bitcoin we must ensure that the amount we put is the amount we can afford to lose and no matter what happen we should not cash out easily.

Take seriously the bitcoin trading. No such thing as afford to lose because if you set your mind like that, you are just allowing yourself to have a free loss. Make sure that you won't reached the status of that "afford to lose" because in the first place, you are trading to make profits so always keep on touch to your bitcoin investment.

That is not what it meant, we need to be realistic, even in gambling a limit of our wagered because we believe that there are two possible outcome of gambling which is losing and winning, even if you think that the event is going to be on your favor but still the reality will prevail that we cannot determine the future.

agustina2

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Quote from: Maslate on August 04, 2016, 06:31:02 AM

Quote from: ajun96 on August 04, 2016, 04:07:14 AM

Quote from: adibe on July 29, 2016, 12:14:27 PM

Well, i always sell my bitcoins, because i need turn my bitcoins into money/fiat for my daily things. If i never sell my bitcoins, so what must i do with my bitcoins ?

Lol I think people wait and do not sell their bitcoin as they wait for high prices? they also have needs just like you. they use bitcoin and convert it to a fiat to buy daily necessities. but they certainly want to sell at high prices so they hold back and wait for higher prices

That is the problem with some of the investors here because we failed to follow the basic principle in investing, if we put our money in bitcoin we must ensure that the amount we put is the amount we can afford to lose and no matter what happen we should not cash out easily.

Take seriously the bitcoin trading. No such thing as afford to lose because if you set your mind like that, you are just allowing yourself to have a free loss. Make sure that you won't reached the status of that "afford to lose" because in the first place, you are trading to make profits so always keep on touch to your bitcoin investment.

Maslate

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Quote from: ajun96 on August 04, 2016, 04:07:14 AM

Quote from: adibe on July 29, 2016, 12:14:27 PM

Well, i always sell my bitcoins, because i need turn my bitcoins into money/fiat for my daily things. If i never sell my bitcoins, so what must i do with my bitcoins ?

Lol I think people wait and do not sell their bitcoin as they wait for high prices? they also have needs just like you. they use bitcoin and convert it to a fiat to buy daily necessities. but they certainly want to sell at high prices so they hold back and wait for higher prices

That is the problem with some of the investors here because we failed to follow the basic principle in investing, if we put our money in bitcoin we must ensure that the amount we put is the amount we can afford to lose and no matter what happen we should not cash out easily.

ajun96

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Quote from: adibe on July 29, 2016, 12:14:27 PM

Well, i always sell my bitcoins, because i need turn my bitcoins into money/fiat for my daily things. If i never sell my bitcoins, so what must i do with my bitcoins ?

Lol I think people wait and do not sell their bitcoin as they wait for high prices? they also have needs just like you. they use bitcoin and convert it to a fiat to buy daily necessities. but they certainly want to sell at high prices so they hold back and wait for higher prices

BLiTzBane

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Well, you can also sell it to gain more profit by selling it after the bitcoin price will be high, that time the bitcoin will be at high price then, you can buy more altcoins rather than on lower price. So the best thing to do to your bitcoin is to sell it when the price is high.

Dudeperfect

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It would be another milestone if any of the major e-commerce stores or even digital payment providers starts accepting bitcoin. I agree with your statement of not selling bitcoins but if someone is looking for profits then he should continue doing both (buying at lower levels and selling at higher levels), now if you truly want to support bitcoin then you should spend it instead of holding it. I am not saying to spend entire coins from your wallet but use bitcoins to pay your bills and cover that expenditure through buying that number of bitcoins with your fiat. So instead of spending fiat directly, spend bitcoins and buy more bitcoins with your fiat.

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Quote from: Leonard2016 on July 30, 2016, 01:43:17 AM

well, i think you have to sell your bitcoin at some point but at that point in time you should never empty your pockets by selling everything. instead sell a little on the rises to make enough profit to become happy from your sell and then continue holding your coins and start using them as currency if you want.

It is really not an advisable thing that you are not going to sell your bitcoins forever because how you are going to earn and going to get profit if you are not going to sell your bitcoins. It is just a matter of setting up a range of time of until when you are going to hold your bitcoins, because it is really needed to sell it in the future.

It is a better idea that you do not sell your bitcoin unless you buy the Ethereum. You can also use some bitcoins.

diodio5

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Quote from: yhansky on July 29, 2016, 11:01:29 PM

Im saving my btc for 3 years,i will not spend any amount of it for 3 years. Cause im waiting for the bitcoin price to cross the 1000$ mark. Thats the right time to sell it.

I think it's a boring thing I will not wait until the price is very high. I'll sell when the price then I think it becomes a high price
maybe if you could sell your bitcoin at $ 750 some time ago. maybe you'll be lucky and profit this time. no need to wait for $ 1,000

Leonard2016

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well, i think you have to sell your bitcoin at some point but at that point in time you should never empty your pockets by selling everything. instead sell a little on the rises to make enough profit to become happy from your sell and then continue holding your coins and start using them as currency if you want.

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