Why You Should Never Sell Your Bitcoins Ever - page 99.

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Quote from: Hatuferu on June 07, 2016, 03:08:29 AM

Quote from: Next BillG on June 07, 2016, 02:47:20 AM

Quote from: Adaleon on June 06, 2016, 05:17:32 AM

Quote from: Kevin77 on June 05, 2016, 02:19:04 PM

Quote from: jiefes on June 05, 2016, 08:12:26 AM

Never say never". If you want to achieve the maximum you have to wait until 2140.

I mean, what's the point of holding on to bitcoins at all, if you're never going to sell them anyway?
I mean, you'll just die out and still waiting for bitcoin to increase in value? Of course the value of bitcoin will definitely continue to grow but there'd be no point if you're not going to use them.

You just have to sell it when you think that you can earn some profit with Bitcoin and if you are never selling your Bitcoin you cant even earn some money with it so that is really bad.
You have to sell it on a moment and that is also the moment when you are getting profit or not.

If you do day trading, then it is better to sell if you make some profit. I don't have a ability to do trading, so I will hold it for the long term.

That's good, because trading is very risky if you don't have the skills and knowledge required in doing it, the price can always go on the different direction that does not match with your prediction. I think investing in bitcoins is good for you, just save until the halving, it's a guaranteed money.

Today's price is already taking into consideration the halving.
Only a fool would think that on the day of the halving the price will spike because less BTC are produced.

I would love to be proven wrong, that would be great !!!

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Quote from: Next BillG on June 07, 2016, 02:47:20 AM

Quote from: Adaleon on June 06, 2016, 05:17:32 AM

Quote from: Kevin77 on June 05, 2016, 02:19:04 PM

Quote from: jiefes on June 05, 2016, 08:12:26 AM

Never say never". If you want to achieve the maximum you have to wait until 2140.

I mean, what's the point of holding on to bitcoins at all, if you're never going to sell them anyway?
I mean, you'll just die out and still waiting for bitcoin to increase in value? Of course the value of bitcoin will definitely continue to grow but there'd be no point if you're not going to use them.

You just have to sell it when you think that you can earn some profit with Bitcoin and if you are never selling your Bitcoin you cant even earn some money with it so that is really bad.
You have to sell it on a moment and that is also the moment when you are getting profit or not.

If you do day trading, then it is better to sell if you make some profit. I don't have a ability to do trading, so I will hold it for the long term.

That's good, because trading is very risky if you don't have the skills and knowledge required in doing it, the price can always go on the different direction that does not match with your prediction. I think investing in bitcoins is good for you, just save until the halving, it's a guaranteed money.

Next BillG

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Quote from: Adaleon on June 06, 2016, 05:17:32 AM

Quote from: Kevin77 on June 05, 2016, 02:19:04 PM

Quote from: jiefes on June 05, 2016, 08:12:26 AM

Never say never". If you want to achieve the maximum you have to wait until 2140.

I mean, what's the point of holding on to bitcoins at all, if you're never going to sell them anyway?
I mean, you'll just die out and still waiting for bitcoin to increase in value? Of course the value of bitcoin will definitely continue to grow but there'd be no point if you're not going to use them.

You just have to sell it when you think that you can earn some profit with Bitcoin and if you are never selling your Bitcoin you cant even earn some money with it so that is really bad.
You have to sell it on a moment and that is also the moment when you are getting profit or not.

If you do day trading, then it is better to sell if you make some profit. I don't have a ability to do trading, so I will hold it for the long term.

Adaleon

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Quote from: Kevin77 on June 05, 2016, 02:19:04 PM

Quote from: jiefes on June 05, 2016, 08:12:26 AM

Never say never". If you want to achieve the maximum you have to wait until 2140.

I mean, what's the point of holding on to bitcoins at all, if you're never going to sell them anyway?
I mean, you'll just die out and still waiting for bitcoin to increase in value? Of course the value of bitcoin will definitely continue to grow but there'd be no point if you're not going to use them.

You just have to sell it when you think that you can earn some profit with Bitcoin and if you are never selling your Bitcoin you cant even earn some money with it so that is really bad.
You have to sell it on a moment and that is also the moment when you are getting profit or not.

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Quote from: Cybertron00 on June 06, 2016, 03:39:58 AM

Well you have the point but what if in the future bitcoin has no value? In the end you'll regret it but although it is possible for bitcoin to reach 1000$ or more.

I don't think it will happen in the future that bitcoin will become 0 value, because we can see its potential today and even in the future, so many people are not selling their coins because they know the future of bitcoin and they can get better results when they won't sell their coins today.

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You have to sell it on the right moment and that is the most important thing because on that moment you are making decision if you are making some profit or not so it is risky also.
But maybe you can sell it later in the future with some profit if the value of the Bitcoin is rising slowly.

Cybertron00

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Well you have the point but what if in the future bitcoin has no value? In the end you'll regret it but although it is possible for bitcoin to reach 1000$ or more.

BlackPanda

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because I know that bitcoin will rise. and save bitcoin is currently the most accurate choice. I save some bitcoin for my future brighter.

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Quote from: jiefes on June 05, 2016, 08:12:26 AM

Never say never". If you want to achieve the maximum you have to wait until 2140.

it is so long time. we all will die till then so your answer is just imaginary. i think we should trade btc everyday and earn income like real cash. dont be greedy and wait too long. you will risk too much by waiting long.

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Quote from: jiefes on June 05, 2016, 08:12:26 AM

Never say never". If you want to achieve the maximum you have to wait until 2140.

Yeah definitely. The maximum potential of bitcoin is a long way away. There is no point for selling right now if you don't have any emergency needs for those bitcoins. Just because bitcoin rises by $100 doesn't mean it's going to crash from here.

Bitcoin has a long way to go still.

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Quote from: avw1982 on June 06, 2016, 01:45:40 AM

Quote from: extrabyte on June 05, 2016, 02:58:42 PM

I don't say that i will not sell my bitcoin ever but now its not the time to sell them especially before the halving which i think the price will be increased much more than it is right now. Never selling means nothing, not profitable.

I I think is quite clear in long term price of bitcoin will go up, meanwhile we are going to see some volatility in price, i think the only two things can kill the bitcoin actually are a fala undiscovered flaw in his design or a legislative change making terrorist to Bitcoin owners, i hope no one of two never happens.

The main risk is the legislative change. But if the bitcoin is regulated, everybody has to report to authority, there will be less terrorist usage.

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Quote from: extrabyte on June 05, 2016, 02:58:42 PM

I don't say that i will not sell my bitcoin ever but now its not the time to sell them especially before the halving which i think the price will be increased much more than it is right now. Never selling means nothing, not profitable.

I I think is quite clear in long term price of bitcoin will go up, meanwhile we are going to see some volatility in price, i think the only two things can kill the bitcoin actually are a fala undiscovered flaw in his design or a legislative change making terrorist to Bitcoin owners, i hope no one of two never happens.

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Quote from: Hatuferu on June 05, 2016, 10:48:46 PM

Absolutely, bitcoins is risky due to the volatility of the price, the could change drastically in a matter of days so if you don,t know about timing your will never earn in bitcoins. Just be professional and stick with your goal and execute the plan very well.

And that is the challenge for us bitcoin users to make profit. There's no easy way to make profit in bitcoin so in here we have to play with all the risk and that will include the active price fluctuations of bitcoin.

Yes be professional for what method do you want to use and make sure that you maintained well your trading strategy.

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Quote from: DeDordtenaar on June 05, 2016, 05:50:50 PM

Quote from: Kevin77 on June 05, 2016, 02:19:04 PM

Quote from: jiefes on June 05, 2016, 08:12:26 AM

Never say never". If you want to achieve the maximum you have to wait until 2140.

I mean, what's the point of holding on to bitcoins at all, if you're never going to sell them anyway?
I mean, you'll just die out and still waiting for bitcoin to increase in value? Of course the value of bitcoin will definitely continue to grow but there'd be no point if you're not going to use them.

yeah so the conclusion is not to hold your bitcoin too long. Do not wait for the price that is impossible to happen. selling your bitcoin when prices still pump. you will not feel regret of it because bitcoin price ups and downs. you can buy more at lower prices?
you just need to find a good price to sell

Absolutely, bitcoins is risky due to the volatility of the price, the could change drastically in a matter of days so if you don,t know about timing your will never earn in bitcoins. Just be professional and stick with your goal and execute the plan very well.

DeDordtenaar

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Quote from: Kevin77 on June 05, 2016, 02:19:04 PM

Quote from: jiefes on June 05, 2016, 08:12:26 AM

Never say never". If you want to achieve the maximum you have to wait until 2140.

I mean, what's the point of holding on to bitcoins at all, if you're never going to sell them anyway?
I mean, you'll just die out and still waiting for bitcoin to increase in value? Of course the value of bitcoin will definitely continue to grow but there'd be no point if you're not going to use them.

yeah so the conclusion is not to hold your bitcoin too long. Do not wait for the price that is impossible to happen. selling your bitcoin when prices still pump. you will not feel regret of it because bitcoin price ups and downs. you can buy more at lower prices?
you just need to find a good price to sell

richardsNY

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Quote from: Kevin77 on June 05, 2016, 02:19:04 PM

Quote from: jiefes on June 05, 2016, 08:12:26 AM

Never say never". If you want to achieve the maximum you have to wait until 2140.

I mean, what's the point of holding on to bitcoins at all, if you're never going to sell them anyway?
I mean, you'll just die out and still waiting for bitcoin to increase in value? Of course the value of bitcoin will definitely continue to grow but there'd be no point if you're not going to use them.

I know some people that have been saving money their entire life without even touching their money in 20-30 years. I asked them why, and they told me they just like the idea of having a good amount of money. Maybe that some people also like to do this with Bitcoin. It's of course great to have a good sum of money/coins, but make sure you use it, or simply cash out some coins from time to time.

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I don't say that i will not sell my bitcoin ever but now its not the time to sell them especially before the halving which i think the price will be increased much more than it is right now. Never selling means nothing, not profitable.

Kevin77

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Quote from: jiefes on June 05, 2016, 08:12:26 AM

Never say never". If you want to achieve the maximum you have to wait until 2140.

I mean, what's the point of holding on to bitcoins at all, if you're never going to sell them anyway?
I mean, you'll just die out and still waiting for bitcoin to increase in value? Of course the value of bitcoin will definitely continue to grow but there'd be no point if you're not going to use them.

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Never say never". If you want to achieve the maximum you have to wait until 2140.

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Quote from: shane on June 05, 2016, 06:15:21 AM

if you never sell bitcoin, yeah this situation has always been very pleasant. but still this is not the highest price, so yeah you will never sell when it does not go above $5k-10k. but I will always sell bitcoin when I saw the prices were high and the right time to sell, because I can buy more when prices fall

I have never sold any bitcoin. I just hold the bitcoin since 2013. I use about 10% to buy things on line.

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