Why You Should Never Sell Your Bitcoins Ever - page 9.

Creepings

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Quote from: rockyboy on January 12, 2018, 09:58:15 PM

Because the price of bitcoin increases. If you hold your bitcoin, your investment will increase as well. If you are thinking your future in a very wise way, holding it will be much better and will give you a good future.

But that doesn't mean that we would not trade or even use bitcoin as a trading tool or currency right? Yes it is good to save or hold bitcoin, but it also means that we will be holding it and not even move some of it for investing and paying right? It may pump or increase for a mean time but it also dumps and that means that we must not always hold bitcoin but we also need to use and enjoy that pump.

marseille

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The price of bitcoins will increase in long term so the best thing would be to save bitcoins for future without spending it now as if you want to make more money then you should hold your coins as price of bitcoin has gone down after South Korea banning bitcoins but this dip will be only temporary and it will become expensive once again in near future but don't hold it too long and sell some of it when you are already making good profits and you can re buy it when price goes down later on.

Lupus Solitarius

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Money is made to be spent! If you become millionaire but you don't spend your money, I don't see any sense in this!
Of course, you have to evaluate the best move, but to gather and keep bitcoin just for the sake of it, it's absurd.

Dark Sky

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Quote from: Destnhel on January 14, 2018, 04:54:08 AM

Because holding your bitcoin is the best to do when bitcoin price is dropping. You need to have patience in waiting because it will surely up its values someday in the future and will improve continuesly.

Bitcoin price will going to more high and you will get best profit, so its very good work that you will hold your bitcoin and you cannot sell, so its profit will very beneficial for your future and you can anything in your life because bitcoin is very good opportunity for best lifestyle.

Destnhel

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Because holding your bitcoin is the best to do when bitcoin price is dropping. You need to have patience in waiting because it will surely up its values someday in the future and will improve continuesly.

Hotel_Prodeo

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Why I do this? certainly because I am sure that the future of bitcoin will continue to improve, although earlier this year many users are switching to fiat and the south korean government banned bitcoin but this will not have a significant impact.

rockyboy

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Because the price of bitcoin increases. If you hold your bitcoin, your investment will increase as well. If you are thinking your future in a very wise way, holding it will be much better and will give you a good future.

Questat

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Quote from: Jembut Ireng on January 12, 2018, 07:42:15 PM

I never sell bitcoin all this time because I think that the price someday will improve, especially now the bitcoin price is dropping and make me sometimes panicked to sell and luckily I can still be patient.

Definitely the price will increase in the future, it requires patience for you to maximize your profit.
It's not that you should never sell, just sell when you need and when you are already satisfied with your profit, always believe in the future
of bitcoin so you will always be confident in holding it.

Jembut Ireng

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I never sell bitcoin all this time because I think that the price someday will improve, especially now the bitcoin price is dropping and make me sometimes panicked to sell and luckily I can still be patient.

Grayy

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Quote from: monkeykiss21 on January 08, 2018, 07:59:35 AM

What the use of your bitcoin if you don't want to sell it anymore? What if bitcoin is become end and gone it without any reason to stop it. Then your bitcoin doesn't have any value to sell. And it's useless that you're still using bitcoin with nothing..

Many companies are considering accepting bitcoin as means of payment for services/transactions. KFC Canada accepted bitcoin. Billionaire companies are seeing the future with btc and cryptocurrencies. Originally the sole aim of btc was not to buy and sell btc. Peer to peer transactions was key to the eruption of this technology. Apart from selling you can do some transactions with your btc

lifengpu

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Well, selling in any case will simply not now and so the reason is one as it seems to me that in the future it will become even more expensive

Grayy

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Quote from: Jupeter on January 08, 2018, 08:02:07 AM

Quote from: TERA2 on January 08, 2018, 07:57:02 AM

So are we in the apocalypse now?

This is my own opinion with that, we should never sell our bitcoins ever because the value of it is we will surely pump every year so if we will just hold it for long time maybe 3years i am very sure that the value of bitcoin is we will be very high and when thaf will happen we can make many money from it.

Hodling isn't a bad idea. But you can continuously hodl when bitcoin becomes a "worldwide " currency. During this era you can buy and sell whatever you want with your bitcoins. When we get to that stage we will hodl and spend as little BTC as possible.

uptown04

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Some goods and services are only accesible with dollars and you can`t use btc for them which forces people who are in need of money to sell their btc.

batang_bitcoin

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Quote from: CryptoBaxing on January 06, 2018, 10:31:30 AM

Well in first place you need to have a bitcoin in order to sell it

But what is the use if you never sell it ?

It's true that what will be the use of bitcoin if you will "never" sell it. We have to sell in able to take profits from bitcoin and not only with btc but with other coins as well. Everyone has his own freedom of choice whether he would sell or not. We are all grown up and on the right age (I assume) so we already know what we are doing. Don't never sell, we have to enjoy our profits as this how life goes on.

Barbarian

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Quote from: ricardobs on December 30, 2017, 03:46:08 AM

Quote from: Zertoshi on December 28, 2017, 03:09:48 PM

Quote from: RavRider on December 28, 2017, 02:58:41 PM

I really like the first post of this thread Grin

You see already 2015 there were alot of people who believed in bitcoin and tell everbody to hodl! These people are rich today. You d everything right! Grin

But... are they still hodling? Some not: they have cashed out. They are rich now.

Lol, that there are people telling others to hold their bitcoin back in 2015 doesn’t mean that they’re rich now. Some of these people telling others to hold back in 2015 are even the worst when it comes to panicking, and the op can possibly be one of them. By the way, this is Investment, if you think you have made a lot of money, then you should make space for others to invest and make their own.

Those that want to make money in this space will need to take risks in the same way the early adopters did back in the day, you cannot buy bitcoin and become rich overnight anymore, you will need to look for altcoins with low market cap that have honest developers and good ideas.

Jupeter

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Quote from: TERA2 on January 08, 2018, 07:57:02 AM

So are we in the apocalypse now?

This is my own opinion with that, we should never sell our bitcoins ever because the value of it is we will surely pump every year so if we will just hold it for long time maybe 3years i am very sure that the value of bitcoin is we will be very high and when thaf will happen we can make many money from it.

monkeykiss21

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What the use of your bitcoin if you don't want to sell it anymore? What if bitcoin is become end and gone it without any reason to stop it. Then your bitcoin doesn't have any value to sell. And it's useless that you're still using bitcoin with nothing..

TERA2

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Deb Rah Von Doom

So are we in the apocalypse now?

Chrisjay29

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Quote from: BitProdigy on July 19, 2015, 09:43:04 PM

Reading the responses to the recent topic titled, "I would sell all my bitcoins if…." has left me concerned.

The kinds of responses on that thread reveal a deep misunderstanding of bitcoin and the current monetary system in many of those who are speculating. Let's consider the scenario in which bitcoin reaches $1000 or let's say $10,000 per bitcoin. Many have said they will cash out if bitcoin reaches this point. Why??

If bitcoin reaches $10,000 it will have to be because the fiat currencies of the world are tumbling to worthlessness via a hyperinflation type scenario and bitcoin is the safe haven, which if you know anything about the current monetary systems of the world, you know this is inevitable. (there have been 3800 fiat currencies throughout history and EVERY SINGLE LAST ONE has crashed to worthlessness; a value of zero) Why would you then sell all of your sound money (Bitcoin) for a bunch of fiat money that is inevitably becoming worthless? I don't understand the logic in doing that.

If bitcoin ever reaches $10,000 per bitcoin, you will NEVER see me selling for fiat paper money. You may however see me having a shopping spree at Overstock.com or TigerDirect.com or NewEgg.com! I will be buying things I want with my bitcoin profits DIRECTLY WITH BITCOIN, not selling my bitcoin for paper fiat. Hopefully by then there will be many more options, perhaps even Amazon.com will be accepting bitcoin for goods and I can have my shopping spree there.

Point being, selling bitcoin for dollars seems counterproductive. Why convert your paper fiat currency into sound value storing superior bitcoin, only to sell all of your superior bitcoin back for worthless antiquated fiat currency again? Why not just spend the bitcoin itself to buy what you want instead of taking a loss by converting back into dollars which will inflate away eventually anyway?

I think its so rediculous that you never sell your bitcoin.What if the bitcoin will gone because its not possible the bitcoin pop!! like a bubble. Then you didnt sell your bitcoin.I think its okay to sell just on those extra profit the rest is your hold.Its better to get little profit than nothing. But its only my opinion

redsun114

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Quote from: CryptoBaxing on January 06, 2018, 10:31:30 AM

Well in first place you need to have a bitcoin in order to sell it

But what is the use if you never sell it ?

There is too much reward and massive profit in not using bitcoin for a long period of time. The more you hold to bitcoin, the more chances you have of becoming rich in the near future. I don’t think so there is any harm in holding bitcoin. It is the best way of making massive money with bitcoin. Not using bitcoin means here that we should not spend it over useless and non-durable things. Keep it for big purposes.

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