Bitcoin Forum

I just want to see what the general consensus is about selling Bitcoin. The well-known Bitcoin advocate, Mr. Michael Saylor, has said that you should never sell your Bitcoin, you should hold it for a lifetime. He believes that when you sell bitcoin, you will be taxed, but if you hold it, you can borrow bitcoin at a good interest rate (tax-free). Platforms such as Block Fi provide such services.

What do you think of this problem? If I double my investment during the next bull market, then for liquidity purposes, I will most likely not sell a bit. I really like Bitcoin and its direction of development, so regardless of short-term price fluctuations, I plan to invest in the long-term.

Depends on where you live, certain places do not have capital gains tax which wouldn't eat into your profits.

If you never sell your Bitcoins or otherwise actively use it, then there is little purpose for Bitcoin's existence. Not everyone should be trying to loan out their Bitcoins, oversaturating the market that way wouldn't be beneficial either and incurs opportunity costs for your Bitcoins as well.

I don't see the point of HODLing it. If everyone adopts that mindset, then Bitcoin simply wouldn't grow in the long term. How can you justify it as a currency if the value arises from its potential to supplement or otherwise replace the financial systems?

If you can help it, you never want to sell an asset. Especially the apex asset of humanity.
Leverage it if you need fiat, but for pure monetary purposes it makes no sense to ever sell Bitcoin. You sell, you pay capital gains tax and lose all future upside. If you leverage it (take out a loan against it), you keep it, pay zero taxes on the loan, and can refinance that fucker over and over (like a house appreciating in value in a real estate run up), and live off the leverage.
Unless you have no other choice, don’t ever sell it.

There are a lot of different people who are entering or buying Bitcoin with different goals.
Some of them don't know what really the use of Bitcoin, some of them are buying because they thought it could generate them easy money, some of them are for investment like mid term/short term or long term.
And some of the people buying Bitcoin got a trader mindset, that 'HODL' term not true for them, they only for profits. Very difficult to force some people to never sell their Bitcoin.

Remember that methods of investing, or investing in general is mostly subjective. You really don't need to follow one man's opinion simply because everyone's situation is different. Just do whatever fits more towards your current and potential future financial situation.

many people spend their money to buy bitcoin with the aim of making a profit in the short term they don't think bitcoin is for the future, but only people who know the future profit is bigger they will hold bitcoin in the long term.

First remember that Saylor doesn't care about you or anybody here whatsoever. He only cares about the fact that he can use Bitcoin to make other uber rich people money. So of course he would tell everyone to never sell because he is trying to inflate his investment.


Exactly. The purpose of bitcoin is to be spent.

+1

This reminds me of a thing I often hear (especially from non-bitcoiners) in regard to those early adopters who spent  crazy amounts of BTC, like "look at that idiot pizza guy, if he saved those 10,000 BTC he would be millionaire now" not realizing that if those early adopters decided to just passively hold instead buying something and showing that bitcoin is money, we wouldn't be where we are now.

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Regarding OP question, I spend BTC on the regular basis. Sometimes directly, sometimes via crypto debit card, but I do use it.

Never sell is not right. What are the points of hodling your bitcoin forever? You invest to get money, profit. To get profit, you have to sell it obviously. You might not sell all your bitcoin you have but you have to sell a part of it.

It depends on the tax policy in your nation. In some nations, tax policy on cryptocurrency is not clear and government only taxes you if you cash your cryptocurrency into fiat currency. It means you will not be taxed if you sell your bitcoin to get stable coin.

Cash some of your stable coin to fiat currency when you need money.

With your title, you are subconsciously priming people to say that they shouldn't sell so that means that the general consensus will eventually favor not selling their bitcoin If you can gain a really big profit margin, you might as well sell it all because you can just sell it back when the prices go down again, nothin wrong with getting profits out of hodling.

That's nonsense. The trick is to figure out how much to sell, when to sell and how to sell. For example you are not supposed to sell in a dip specially when bitcoin is undervalued, and definitely not sell all you have. But you can always sell a small amount when we are in bubbles before they burst like $20k in 2017, and enjoy the profit.
Additionally you don't need to "sell" bitcoin to make a profit, remember bitcoin is a currency so you can "spend" it to enjoy that profit when you are benefiting from your increased purchasing power.

That sounds like an advertisement for a centralized service. And the idea of borrowing bitcoin is a terrible one in my opinion.

This statement depends on the financial condition of the holder, you can’t say one should not sell bitcoin when in dear need of money to settle urgent financial needs. It’s advisable to hold your bitcoin when you have other alternative means of settling your financial need.

In short, I never sell fiat currency
Only applies to the assets I want. Real estate is time spent with family. and many more.
Not when Bitcoin is severely undervalued like it is now

We hold Bitcoin for a variety of reasons but there would always come a time where you would inevitably sell it tbh, since it's pretty much the use of it. It's a currency, not some type of rare item or whatnot that can act as an heirloom for your family. Sure, hold it long enough maybe so that you can get your investment and probably more back, but holding it forever? Nah. HODLers are in the end, still a type of investor and would still pretty much sell it back to gain profit. Even if it wasn't for investment, again, it is a currency, it's meant to be spent.

I have commented in other threads, although Saylor's idea doesn't seem like a bad idea in principle, I think that popularizing it can lead to disastrous results.

I don't think the masses are going to borrow as Saylor says. What he says is what a lot billionaires do: they create or acquire first-class pristine assets, never or almost never sell them and borrow against them. What he also says, and I don't see as much emphasis on it, is that they do it with a low debt to equity ratio, which allows them to ride out downturns and bear markets.

I believe that if this becomes popular, the masses will borrow at a dangerous debt to equity ratio, which could lead us to fall into the very problems that Bitcoin was created to solve.

The word "never" confuses me. If there is a reason to spend, then I will spend. For what purpose are you starting to invest? To make a profit. Do you have an idea where you will spend your profits? If there is no idea and purpose, there will be no point in holding the cryptocurrency. Moreover, all these calls to keep bitcoins like the apple of your eye, and never spend them, are inappropriate for some segments of the population.
Those who need finances should not deprive themselves of anything. A person has one life. And many people are waiting for profit and wealth later. And sometimes this "later" may not happen.

What's the purpose of investing or buying bitcoin if we are not planning to sell it forever? I think all of us invested in bitcoin mainly because of its profit potential in the future, paying taxes is not that important for small investors. If everyone will just hold bitcoin for the purpose of putting it on platforms like Block Fi then the market will not be balanced. No one will just hold their bitcoin, there is always someone that will sell to take profit or when there are fuds spreading about it.

Not just Saylor; almost anyone you ask, you'll get a similar response. And that is completely justified. We're living an epoch where Bitcoin isn't globally adopted yet and therefore, if you hold your coins, you'll most likely be richer in the future. The demanding will rise and so will the exchange rate of BTC/USD. Not to mention that comparing a long-term deflationary currency with an (soon hyper)inflated one will result in increase of its exchange rate.

I see Bitcoin as a safe haven in the long term, just as gold. It'd have the lowest risk to hold it in contrast with other cryptocurrencies. Just to mention that Bitcoin has a $650B market cap and gold $10T. Judge this and act however you believe it'll end up in the late 20s.

There will always be people willing to spend their BTC. Holding relies on that fact, including that it'll be globally adopted in the future.

It is still our choice of preference; you could use it for accumulating your goals savings then sell it.
You could also invest it for long-term gain. Bitcoin is still young; more platforms will adopt this technology as an alternative payment method.
If the time comes, it could be a convenient asset for doing transactions. KEEPING IT is still a win; the value will still increase in time.

Exactly, but there's an exception to this rule and that's the short-term people and the traders, might as well do a stop loss when the prices are going down and just go back to it when the prices are much lower and wait for it to go back up again.

it's not that we don't sell bitcoins.but we are waiting for the price to match the purchases made, if indeed the price does not stabilize then we will be forced to take these steps to resell it, because this business process is long-term and what if we If we want it back, then we can buy it on the crypto market, we just don't want to be too hasty in determining our attitude because it will actually harm us, because this investment has an unstable value if the current price drops.then the price can increase many times. fold like it used to be

Holding on Bitcoin without selling it is good but also selling it would be better, the reason is that despite leaving it by growing it, you can make more money when you turn it up in terms of selling it

Nothing wrong with selling.

If you sell at the right time you can buy back later. I'm sure we will see a new ATH this year ($1xx,xxx-$2xx,xxx) and then another big correction.

When will this peak happen? When everybody is feeling great about BTC it will be a great time to sell. When everyone says Yeah yeah yeah.... when the greed index is above 80... you got the point.

Now for example is a great time to buy it.

You're assuming people are willing to accept Bitcoin as a currency. As of now, Bitcoin is a speculative asset as you've mentioned people are encouraging others to "HODL" and not spend it. "Hodling" goes contrary to what we're trying to achieve, which is mass adoption. The only reason why Bitcoin can rise even further is if it gets accepted universally as a currency, current conditions are created by the FOMO culture as well as the institutional buyers (and Elon Musk) entering the market.

Given that most buyers are looking at these factors when purchasing Bitcoin, it isn't a stretch to assume that their investment choices are based on past performance of Bitcoin. Not exactly a good sign.

That assumption will probably hold true; 500 out of 1 million Bitcoiners actively using it as a currency. If the use for Bitcoin as a currency remains small, and people are still unwilling to spend it, then companies wouldn't find the need to adopt it. Save for some PR and market manipulation.

Perpetuating that culture is toxic to say the least. As I said, if you believe Bitcoin is a currency, then use it like one. Accumulating it and believing that it'll rise in the future is pure speculation and makes it a speculative asset, not a currency.

I won't listen to people like Michael Saylor.He is way too biased,when it comes to Bitcoin.
What's the point of HODLing your Bitcoin and never selling it?It's like having a golden treasure that is buried in your backyard and you don't sell it and use the money to buy the stuff you really need.
The country where I live doesn't have a capital gains tax,so there's no problem for me to sell my BTC.
Saylor is a die hard bull,he bet all his money on the Bitcoin price going up,so he doesn't want mass selling and a bear market.

I really don't think he was an Idiot. We cannot say that everyone that held Bitcoin from back then actually 100% thought or knew that Bitcoin is going to be where it is today. We can call the Guys that Developed DogeCoin IDIOTS for not believing in what they developed and decided to dump their own development and now I hear they want to or have already bought back in their own Project  ;D

We must understand that Bitcoin is seen differently by different Investops as some have already pointed out and for me, if I can make out the market properly, I will sell high, buy low and continue to take profits in local fiat cos I don't really use Bitcoin for direct purchase.

We all have our own opinion and we should respect each others opinion.
But for me most of us are investing to gain profit so when we reach the point that we are already contented with what we gain we would sell it and take our profit.
What's the point of HODLing it for a lifetime? Who would use your investment? Who would benefit from it?

Agree. Everyone should enjoy the fruits of their labor. Buy a nice house, get a fancy car, go in your dream vacation, be happy. But never sell all your BTCs, that would be a mistake. Sell like 10-15% and if you're smart/lucky you may even buy them back.

If people are experienced in the crypto world, it is definitely not possible to sell all of their Bitcoins. Because they already know the benefits that
Bitcoin provides, they definitely prefer holding Bitcoin instead of spending it. But some peoples definitely want to enjoy the results obtained
from investing in Bitcoin, surely they will sell some of their Bitcoins to buy some luxury items that may have been a dream for a long time.
And if someone does that, it's not a problem, as long as he knows the limits of Bitcoin that can be spent.

Sell if you want or Hold it if you want. That is your Bitcoin and you have the right to what you want to do with your Bitcoin.

If we are afraid to be taxed because we are selling Bitcoin, supposedly we should not spend our fiat money instead because we are already been taxed for every transaction we have made. That is just the same, honestly.

@OP, if you will follow Mr. Michael Saylor, it means that he already manipulates your mind. Don't get me wrong but he was trying to control you.

I agree with never sell your bitcoin, but that will depend on your needs. If you need money, you can sell your bitcoin and if you still have money from other sources, you do not have to sell bitcoin. I do not like to borrow money from other third parties because I will be in trouble. After all, paying the borrowed money will not be easy. I prefer to use the other way to earn more bitcoin and make money to have bitcoin while I can also sell some part of bitcoin to fill my daily needs.

Never sell your bitcoin word is kinda crazy thing we do if we have limited capital since its like risking all what we have but if you are rich then you can actually do what you want so we must balance all depends on our capabilities since not everyday market is totally okay. And for sure we will get a head ache especially if we but at the wrong time then suddenly heavy bear market season hits.

Tbh at this point if you need money it would be better to take a loan then selling your BTCs. You will return the loan pretty fast. Your BTCs worth so much more than crappy FIAT.

If you'll be taking consideration of the current situation, selling is not really ideal but selling in general regardless if it's bull run or bear market, you have all the power to decide what to do. There are ways still where you can sell your bitcoin tax free, I think most of the time it is just gas fee that you need. If ever there's a tax for your transaction, for sure it wouldn't be that expensive. Holding is very important right now because the market is currently experiencing a lot of issues and crisis, just stay firm with your investments, our time will come again and for sure it will be worth it.

nice sentence that is  'never sell your Bitcoin'...

I will continue to hold my Bitcoin until I really need money to sell it. I'm currently putting my BTC in the lending program on Kucoin, I hope I can get a little profit from there.

everyone has their own way of managing bitcoin, differences of opinion are bound to happen, every step taken is definitely their goal for good, some are storing bitcoins some are buying and selling, it all depends on the owner, we can't regulate them, we I can only give the best advice, in my opinion if we don't sell bitcoin it's good, but if finances are running low, we are forced to sell it..

Exactly, that is sometimes we consider our situation as well. Not all the time our finances are good that we keep holding, but sometimes we have to sell some of them. In fact, we are investing because we are expecting returns, not just to hold them forever. If we sell it now because that is our decision, people can do anything they want and we have no right to stop people and acting as their advisors like what Mr. Michael Saylor does.

maybe what Mr.Michael Saylor said don't sell Bitcoin when the price is low, because if we hold it for life we ​​will not feel the long-term benefits of Hodling.  it's better to be able to take advantage of the moment to be able to make a profit than to hold it for life because it's the same as burning the bitcoins that we have

There's no single rule or formula to earning when it comes to Bitcoin, as there different reasons for investment and hence different duration of investment some long some short depending on the purpose of investment.

To never sell your Bitcoin may not be the best advice for you if your Bitcoin is a means to meet your daily needs. You would have to actively trade it.

On the flip side, never selling your Bitcoin could be the best decision you ever made your entire life. If all you want and have in mind is to build wealth for yourself.

Bitcoin is the first blockchain based decentralized crypto currency which has a large strength in the market so day by bay the price of bitcoin is increasing. If we study last few years then we can see that in 2015 when i introduce with bitcoin then i was seen that the price of bitcoin was $400 but in 2021 bitcoin hits plus 60k usd which is 150 times just in 5 years. So there is no other real way we can earn 150 times just in 5 years. For that reason i will tell that never go for sell bitcoin just hold for 10 or 15 years and take benefits.

Agree, I'm in since 2013 and never sold a satoshi. It was and it is pretty hard not to do it. However, sometime in the future I'll have to sell a small amount as I also have needs. Hopefully will buy them back after.

Now someone mentioned it.
Though the decision of investing to a coin is the one that is subjective, because surely someone would refer you to buy some of "this coin" before you even know that such coin exist. Through skepticism, you wouldn't be driven by these people to invest directly just because a certain person or even a celebrity in the internet said it.

Burning the bitcoins that we have unless we sell when the bitcoin price is in the red or down which will make things worse, it is better to invest bitcoins for the long term indefinitely only to sell when the price rises as expected and profitable.
Everyone has ownership rights and has a target or interest needed to make a sale even if the profit is small or large, the most important thing is to keep using bitcoin again by buying when it is low and selling it back when the price goes up and so on.

Saving Bitcoins and/or actively trading them makes sense for those who understand the risks and dangers of Bitcoin. However, people with less Bitcoin knowledge may be better with the cautious approach.
We've seen many stories from people who had very little Bitcoin and put a great deal into it but lost it all because of their own ignorance and some bad decisions. I've heard stories of people losing hundreds of thousands of dollars through hacking, theft or even incompetence.

If you never sell Bitcoin is the meaning of never using it and hodling eternally, it's as good as not having any. If you don't use Bitcoin (directly or indirectly) at any point to exchange it for goods and/or services, it's just some symbols on your display which barely give you anything. As for taxation, ranochigo rightly pointed out that it depends on the location. Some countries have capital gains tax on Bitcoin, others have property taxes or income taxes which are applicable. In my country, you can buy or sell without any taxation because Bitcoin is not regulated yet and the authorities show no interest in taxing it for now.

I don't know what anyone is talking about if BTC doesn't reach my target I never sell my BTC for less than my target price

Once I accept a long term investment I myself will never sell my BTC at today's price because I believe BTC will reach the next top at $100k there is no reason for me to have to sell my BTC now and i believe in the future of BTC  ;)

All based on trust and confidence in bitcoin. many believe the price of bitcoin will be much higher than it is now and it is very possible. but everyone has their own way. some like short trading and some like to do long term investing, if I myself can be both. the important thing is to remain consistent and not out of crypto market even in a loss condition,

Of course you are absolutely right because Bitcoin not a short term investment coin but it's a popular Long term investment coin. If anyone wants to invest in Bitcoin, he should invest more than 5 years.

You're missing the point. The deal is not to sell your bitcoin at all, not to wait for a given price like 100 thousand.
If people set up to sell at 100 we won't get there because there will be so many sellers trying to outsmart each other.

You can do like Michael Saylor and borrow with bitcoin collateral, but you can also spend bitcoins instead of selling them  and skip taxes ;)

It's his opinion and many of us here got the same. But if you have to sell, you don't have to feel sorry upon doing it. Although we advocate that one should invest in bitcoin.

But, it's our decision if we're going to sell it if there are things that we want to purchase through fiat upon selling. Just make a decision that you'll have a dedicated amount good for holding for a very long time.

I believe bitcoin will be very profitable if you chose to invest in it long term but that doesn't mean that you will just hodl bitcoin for the rest of your life. Bitcoin will lose its nature as a currency if you never spend it and you won't enjoy your profits if you just keep it in your wallet.

I myself is also hodling bitcoin which i can prepare for my retirement but it won't make me less as an investor or hodler if i spend some of its profits when times gets rough for me. I am investing for profits that i can make in the future and once i have it, i will surely enjoy every bit of it.

in some media about investment and technology also many say that this is still in the early stages, there will be many developments and even greater adoption in the future. Seeing quite positive developments lately I have become more and more interested in investing in btc for the long term. look... more influencers and artists are involved, adoption is getting wider, conventional projects are starting to look at bkockchain and crypto so I don't want to miss this.
there's still plenty of opportunity, but make sure you take it into account, dwyor. short or long term investment, sell or hold, is entirely your control. understand fundamentals and technical analysis, make your own decisions so you don't get carried away easily by the market.

What is the point of having it then, if you don't use bitcoin as a payment method or you don't use as investment and just let it sit there for a very long time with no purpose you will just be wasting your money, it is good to always think about the future but the future is unknown so you should try and enjoy the present and have fund while you can because you want be able to live for ever, and bitcoin and crypto are anonymous so you won't be taxed if they don't know they you have it.

It depends on the amount of Bitcoin. If the Bitcoin available is huge there is no need selling it because if the market price drops , the Bitcoin will also drops but theirs no tendency that all the Bitcoin will loss.

But in a case where the Bitcoin amount available is not much and the market is going down gradually. If the Bitcoin is not been sold it could result to loss that you can lost everything. In this case not selling Bitcoin is somehow risky

Looking back to the price of bitcoin when I first encounter this cryptocurrency it was only have a value of $7K that time which is already 17.5% up than the first bitcoin's market price and I never though that after 5 years it will going to hit a ATH of $60k and note it happened by the 1st quarter of the year which is not the usual market rise of bitcoin because we used to watched bitcoin price dropped every 2nd month of the year after it hits its  ATH from the previous year. SO yeah, Mr. Michael Saylor have a point of hodling your bitcoin because there's a worth in hodling a bitcoin.

not even once after your first purchase ? and your doing it for what , for the benefit of others ?
i like his advocacy of promoting the word hodl in btc but we should sell ours btc too sometimes to enjoy our own benefits .
 you cant get taxed when you hodl and not sell but what about the moment you sell ? paying tax wont hurt when your profit is huge

those people who don't think bitcoin is the future were lack of information and probably it's because also of doubts and etc, reason they just prefer to gain quick profits in short term just to avoid losing money in it.. And yes only those believers can make huge profits that's why they're not afraid to always investing for long term. Indeed there's no one will say bitcoin is worth it if they're not become successful in such way of investment..

Make yourself comfortable in the bitcoin, as if it were your home, but even from time to time you have to make repairs.

It is relative, bitcoin itself is still an asset that needs to be sold or bought, at least it can be fractioned, you have to play with that, a work of art or a house is not sold in parts, please is not literal that example is comparative.

It is beneficial for the whole ecosystem to sell or buy, you can not stay out, if you sold in the ATH this year today you can have 2 bitcoin more and I say more because that if it is the reality of "never" you do not have to sell all your bitcoin.

The bitcoin in Hodl's sense is very individual, everyone must adopt their positions according to their social reality and even where they live.

From where I live, it's a paradise for cryptocurrencies because there's no taxes involved and we are free to do anything that we want to do with it and no raised eyebrows. The point of hodling is that you can sell it at some point and it will be on your favor when you sell it unlike actively trading where there's a chance that you will lose your investments.

indeed every country can certainly have its own rules and each country will always be different, but as long as there are no restrictions it is something of luck.

not all have the same mindset, some like to do it by not wanting to take big risks, but some just like day trading etc. all the goals are the same, seeking profit.

You are very lucky that not everyone has the same luck as you, so you can easily do whatever you want to do without any obstacles.
again all that is done for you may justify the way you say it, but some are just not used to doing that and are used to other actions, and obviously that's perfectly fine. not all active trades will end with what you say, it all depends on the person who runs it and is used to doing

Sure. If you are thinking of holding Bitcoin, you're thinking that it'll rise in the long term and you're able to sell it at the correct time. Depends on how good you're with market trends, holding could turn out worse than actively trading it. But the topic is about whether people should sell their Bitcoins or hold it for the long term, NOT trading it.


It is not luck. I'm sure there are certain countries that are considered to be tax havens. Again, topic is about insisting to hold it for an extended period of time, instead of each user deciding on their own risk appetite and the profit they're willing to accept.

It's true what you said, buddy, we shouldn't sell bitcoin right now, because we believe that the price of btc will eventually go up again, because we all know that the price of bitcoin is unstable. going up we can definitely make a lot of profit, so when bitcoin goes down we have to be patient never sell it.. rest assured after the rain a rainbow will come out

That's true but lucky are those who live in countries where cryptocurrency isn't taxed. I'm actually one of those who are blessed because we're free to transact cryptocurrency without the fear of being taxed so we could still buy and sell Bitcoin in our profitable way. I also believe in holding but whenever there's an opportunity to gain a good profit, I would sell my holdings and buy again at a lower price.

Yeah, that is the theoretical explanation and if that was the real case, we wouldn't be having all these market price dips that we are having any time someone supposedly influential speaks. Sometimes I do understands that Investors sell not because they are cutting losses but as a strategy of buying back when the price dips because we know it will as not everyone can HODL as expected but others cut loss due to fear which naturally shouldn't be the case if they have even bothered to understand how Bitcoin works.
So even when we know that the market will recover from price dips but we still end up seeing people selling when they shouldn't.

We all expect maximum and satisfying profits, but all of that requires a long process and time but the results will be satisfying.
so never sell it before the bitcoin price reaches a high price and take advantage of the decline to make a reversal when the price drops and affordable to grow your bitcoin and hold it even if it takes a long time
because having bitcoin for the long term the results will not disappoint the most important thing is to be patient waiting for the best moment, and to reach the price of 100k I'm still optimistic that it will happen this year and maybe at the end of the year.

Of course he wasn't an idiot, but I heard non-bitcoiners saying that more than once, out of ignorance of course. I am pretty sure that not even Satoshi expected that bitcoin will be as spread as it is now. What Bitcoin did in ~12 years is simply amazing, and yet again I hear people saying that not enough has been done so far.

In reality, there's really no one solution, fits all. Same applies in holding bitcoin. You don't have to listen and do other people's advice because everyone's situation, plans, and priorities are completely different. You have to follow a piece of advice just because someone who said it is a famous personality. We hold our coins for a reason. Some people are in for short-term, while some people are doing it for long-term.

We know the potential of bitcoin. The history has said it all. It's just really up to us whether to sell or to hodl. We have our needs in life. Maybe at some point we will have to withdraw some of our funds for emergency reasons. There are endless possibilities that could happen in the future because the future is never certain.

In addition, I just like to add that if I will hold my bitcoin for a lifetime, then I would not be able to savor the fruit of my labor and patience. I can invest and save, but I will also make sure that I can enjoy the things that I worked for. This is just my personal take. Anybody can do what suits them best. It's their holdings after all.

if you say never sell our bitcoins,,I totally agree with your argument, when the price is unstable, we have to be patient, don't let the whales instigate you, don't listen to the whales telling you to sell your bitcoins, because if we sell all our bitcoins to them, I'm sure they will laugh, because rest assured that after the rain there will be a rainbow..

Only with patience can we hold our bitcoin and not panic if the price is moving without us knowing where the price wants to go.
Besides that, we need to hold on tight our bitcoin in this unstable market and still analyze before we do something so we do not make a mistake.
But if you really want to sell your bitcoin, make sure you sell when the price hits the highest price.
But that will be different if you need money to fills your daily needs. You can sell bitcoin to cover that need.

I don't subscribe to Mr.Michael Saylor opinion or suggestion that hodlers of bitcoin should hodl for life while utilizing the option of borrowing with good interest rate, every crypto enthusiasts has a personal purpose of adopting bitcoin, ranging from the wider options offer by adopting it, a crypto trader does not necessarily need to hodl for life other than trading it off at a regular interval to earn profits, other utilizes staking it to also earn some profits we also have some individuals adopting it as a store of value and finally other hodlers buy low and sell high all these are geared towards earning profits consistently and using the profits to add value to the hodlers life,

you can say this is a very interesting explanation, we have to save bitcoins for now, this is a time that really needs a lot of patience, so we can keep our bitcoins safe, whatever the temptation that comes, because we know there are definitely many whales out there who continue to do everything possible for us to release our bitcoin, we must believe that bitcoin will definitely rise again..

I am thinking about the case where the price of bitcoin does not reach the expected points and recovers then our release becomes too late, one hundred percent for recovery is an ideal theoretical thing, the actual percentage range will also be relative but we can't give up on other possibilities even if the chance lies in such a high stat. It can be said that selling our bitcoin is a fairly free activity, no fixed patience is required, the amount in bitcoin will not have a real value until we convert it into common currencies

Leverage is itself a problem though. That can destablise bitcoin resulting in what bitcoin was against. Who controls the leverage? What happens when the leverage pops, because it always will.

People will always eventually sell. Inflation is unlimited, while deflation has a limit. When people have saved enough, then they spend on things that matter to them, whether that's a house, food, children, communities, their future. All deflation ends in reinvestment because everyone dies, and you can't take that fortune into what lies after.

For sure we all know the reason why we keep on buying bitcoin because it's a very good investment that will give us good returns. But if we just hold it for the rest of our lives, we will never make profits. Yes the price of bitcoin keeps increasing but we will never enjoy its price and the profits we can make if we never start selling it.

It's good to hodl bitcoin because it has a bright future that will sure to flourish but keeping it always on our cold storage won't make us prosper too.

Fortunately, bitcoin can be used for various forms of investment either in the short, medium and long term because each person has a purpose for it.
IMO, bitcoin will have more everyday use very soon. As developers create more user-friendly apps.
Bitcoin is becoming more known in the world by changing the way we handle money.

We are all clear that owning bitcoin is better than keeping money in the bank, so selling it for fiat will make us see why it is better to hodl when we want to maintain capital. Obviously you can sell a percentage for your needs.

I am selling my Bitcoin and some for holding, but someday, I will also sell the Bitcoin to get profits, and then make an investment again based on certain periods.
Although it is for daytrade, short-term investment, or even long-term investment, finally, I will sell the Bitcoin.
So far, there are no taxes in my country on selling BTC. There are only fees for every transaction on the exchange. And having Bitcoin in my country is legal as we use it not as a currency.
And of course, everyone mya have different plans with their Bitcoins

Basically other than we hold or invest in bitcoin.. we of course have to learn price movements/market developments from time to time with various other things that can affect prices, but of course bitcoin must have increasing popularity, definitely making bitcoin higher. Well that doesn't mean we never sell, but in the long term, it's more suitable to sell until we get satisfactory results.

Bitcoin is usually invested by people to get more profit when prices rise after long term investments traders sell their bitcoins. It is foolish to sell if the price goes down because if the price goes up then there will be a loss therefore, you have to study the market and learn well and then move on if you can analyze the strategy of the market properly, you will understand the difference in the price of the currencies and you will know the right time to sell.

Saylor may be famous and rich but he's absolutely wrong on this. How does he think Bitcoin will have its value if everybody decides to hodl and never sells? There's a reason new projects airdrop their tokens to fans and that's to kick up the mechanism for demand and supply. Both must work together to set value and price — either upward or downward. If people hodl Bitcoin it can only create demand without supply. So, it will be one-sided. No value will be achieved with that, price wise. Fans could easily move on to other assets/cryptos when that happens. Now, there are various coins that can do what Bitcoin does, or even better. At some point, hodlers will always sell. It's wrong to advise people not to sell at all.

You need to sell your coins sooner or later to take profit. Otherwise, its all pointless. Fake rich if you cant use your money

Yeah he’s right about that, there are people who are not selling their bitcoins and are using it borrow loans from BlockFi and the rest of them. But, I do not know about anyone holding their Bitcoin for a lifetime.

Although I am not going to doubt that, because I know for sure that it is possible for people to decide that they are going to be holding their coins for a lifetime, that’s possible for sure. But it’s always good to do what you think will work best for you. If you want to buy Bitcoin and be holding it in your wallet and using it for taking loan, then that’s up to you decide that.

Selling your Bitcoin is your own personal choice since you were the one who have worked hard to obtain the amount of Bitcoin that you currently have and that makes you have the rights to decide whether you will hold it until a certain period of time or you are already going to sell it depending upon the call of need to do so since we have different lives making us have different reasons why we sell our Bitcoin. It is hard to tell to someone to never sell his Bitcoin for we have different goals that we wanted to make for real with the use of Bitcoin. The decision is still up into you depending on the situation.

The truth is that Mr. Saylor is tricking you/us.
Why not to sell? Because in the first place, we are here to make investments, to make a profit, and that only happens when we sell our Bitcoin after we bought it. We all not like him, we have our stomach to feed every day, and if we just hold forever, what we should feed our mouth.
It is pretty clear and we have the reason why we sell and why we hold. It is our personal discretion.

Agreed with this one, you're the one who did the hard work so you should be the one that has a say as to when you are going to sell those bitcoins, not that listening to others is a bad thing to do but you have to be smart about who you are going to listen to because not everyone who advices you to do things are looking out for your best interest.

Because there are different strategy of every investors , there are others that invest for short time but there are others that invest for long term so best to differentiate these cases .
We all know this but the capacity of each investors to deal with.

People will decide in their status . but in the end it is our funds that always matter.

What would be the use of Bitcoin if we just keep it, we know, BTC value was increasing.

How would someone enjoy the value of BTC if not converting to fiat,

If we keep BTC on HODL for a long time and not making any profit over it, what was the benefits of having BTC.

I think, we need to sell BTC if it reaches our target price.

You are saying right. Bitcoin price is increasing day by day. And its community as well as. So, selling bitcoin at this price is not a good decision. Bitcoin price will reach 100,000$ in the up coming years. So hold your Bitcoin and wait for the right time for selling.

That's right, this is not the right time to sell your holdings especially Bitcoin due to that day by day it is really increasing its value and due to that by just holding and waiting to make a skyrocket again the bitcoin will bring us a huge profit. So my suggestion is that don't sell your bitcoin today just wait for the perfect time to sell it though perfect time is always behind the darkness still it will come. Always remember that holding bitcoin is just like doing investment and waiting for it to grow up.

Well, trading and hodling sometimes go hand in hand so I sort of added it into my post. Also most of the replies have sort of tone of trading added in them so I don't really know if you are right or wrong about the inclusion of trading in this forum.

I don't deny it but to be honest with the pressure of life right now, I can only coin this market or bitcoin as a means to help myself become better. I still can't fully grasp it, still have to use other things anyway, and of course it's still not popular enough to apply to life.
We can see a future where people support and accept it, but we're not the only ones deciding everything.
And depending on who you are, what position you are in life, you will have a way of dealing with it.

Selling bitcoin when the price reaches the target will get the user good profit, but for the same one can't get fixed to some form of scheduled profit out of the investment. This is possible with very few lucky users whereas the majority requires a long term to enjoy the profit. Upon this it is good to buy and make profit out of trading which will increase the profiting depending on the market even in the short term.

No, it's not. It's volatile but it's not what it is as what you're saying.

We have to hold if we're looking to that day that bitcoin reaches $100k or more. Do not sell your bitcoin if you're not good with the price but don't stop yourself if there's an important matter to address through selling bitcoin.

saving and not selling bitcoin for now can be said to be a very good option, and must be maintained, considering bitcoin still has a very good opportunity to invest in the future, and bitcoin prices will rise again in the future, so we must maintain using any way to defend our bitcoin, from the influence of whales who want to take a chance..

if you say never sell your bitcoins, I think everyone in this forum will agree with your opinion, because we all know bitcoin has hope for the future, the price of bitcoin will rise again in the future, for now maybe the whales will do everything possible to frighten weak hands, to be able to take the bitcoins we have,

Everyone has their own target, but if they have the slightest greed, then it's not a profit, it's like we're buying at a high price, because bitcoin is always a time when they have to go down, and the option not to sell bitcoin is a bad thing.

Of course it's clear, and I agree with you that people have their own targets and we can't know the situation and can't intervene, but if you've already made a profit, don't be greedy to want to earn more. there are events like this, finally have to delay again to be able to sell because the price has dropped again.

maybe people's options will be very different because judging from the needs to be done, if he wants to hold on because the current price is lower when he buys of course it is a wise thing, no one will want to lose. then the alternative is to hold back so that the price can increase first and then sell it.

It is hard to say not to sell your Bitcoin. People has different purpose why they invested. Most of them are for profit, some had put their money on ot and had to sell either to save their money or to realize profit. It is true that BTC holds a promising future, however, not all people has capacity to hold their BTC that long. As much as I want to hold my crypto even with my day job, I have bills and daily expenses to pay, and there are times I need emergency funds. Each has their own reason to sell.

I hope no one is tempted to do something out of the ordinary just because of the negative news that is circulating and immediately do something for actions that cannot be understood in his way. because it will only benefit others and set a bad precedent for the future.

holding on to bitcoins will always be a very good alternative because bitcoins will always increase and there is nothing wrong if you want to sell when you feel you deserve it, but if you buy when the price is higher than it is now, holding back is a very good thing because bitcoin is guaranteed will increase again in time. need patience for something like this.

it all depends on individual needs..
if only to store bitcoin and not be sold it is necessary for people who have large capital or who have more than one asset other than bitcoin..
because I personally will definitely sell some if I have because I get bitcoins just following the bounty campaign..

Depends how you will satisfy yourself because some of the people would like to sell their bitcoin because they already gained profit which depends on your preferences if you think you need more time because you want to have some specific amount good for you but if you want to wait for meantime and wait for another wave its ideal too but again it depends how much time you can resist holding your bitcoin. Some people say sell your bitcoin because it gives you a profit or its takes too much losses but again its better to know when is the right time to sell the decision are still yours. Never trust the speculation of other instead invest with your knowledge.

At one point you would have to cash out your profits by selling or make the transactions to buy the stuff because if you are not making any move with your Bitcoins then with time your net worth would increase but in reality you would have no liquid cash so you have to sell It directly or indirectly if you want to have funds with you.Although I agree with Saylor that we should hold for bit more long time and wait for the prices to skyrocket and then do whatever we want to do.The main usage was to make it fiat alternate and if everyone will hold the coins how will there be circulation in market? Btc dormant address would increase so as to keep it normal we need to sell off at some point.

If I was an active trader then I wouldn't do that. My trading orientation is profit seeking. Through analysis I always try to buy BTC at the low price and sell at the highest price. Or several times I bought a BTC altcoin pair to increase my BTC amount. For BTC I will buy again when the price drops. It would be more relaxing for me. But I know all have their own ways and steps that are considered the best for you.

It's different from a view of selling your bitcoins at the highest possible rate that it can ever be than never to sell your bitcoins.

What's the purpose of holding bitcoin if you're never going to sell it?

Depends on the circumstances that we are in, especially emergency situations in life. It's better to sell BTC at a profit and never at a loss. It is your choice whether to sell it or not, but the most important thing is that you should always put in your mind that investing or trading Bitcoin is highly risky. Just put an amount that you can afford to lose, as Bitcoin's price movement is unpredictable.

And you mention about selling BTC (through fiat converting and not while it's in the trading platform) could get you taxed, in which some governments are imposing that as part of their regulation, and you can't avoid that.

Its good to hold bitcoins if we were in for future uses or depending on the circumstances. There is still time to buy and to hold so we can acquire more or use to built or growth our portfolios like when the price were too high earlier this year, I'm glad I was able to sell my BTC that can be use to buy other investments since we don't know the span the price will be high or at low or next time that BTC will reach its ATH again it better to use that time and just buyback when prices falls.

if selling our bitcoin, it means we are missing the opportunity to become rich.  There is no investment instrument that has a higher return than bitcoin.  Bitcoin is the money of the future and blockchain is the most advanced technology.

i mostly agree, but blockchain is a fucking slow database - more like a necessary evil

I agree with you. It doesn't make much sense in that regard that you should never sell your Bitcoin, but I too believe investors will definitely take profits from our investment. There will come a point in time when you will want to have a form of satisfaction from what you have invested in over a period of years so you must sell some of your bitcoin at some point.

It depends on what your needs are if you don't need money to pay for your bills then you can continue to hold your Bitcoin in other to make good profits from the bitcoin volatile market.

also if you earn in bitcoin and spend in bitcoin and don't have any fiat left it is pretty stupid to not "sell" bitcoin...

though there are instance that Bitcoin really good for  shortterm investing .

Like those who bought back in 2020 march and then sell at May when the price doubled just that fast.

Well, the thing here is, I really do not care how others would deal with their Bitcoins. If they HODL it then go ahead, let them be. I will not interfere nor tell them not to do it. Let them sell it, let them hold it, let them give it away to their girlfriends. You should not be forcing your opinions to the others if that is what they want and if that is what they need to do with their Bitcoins, after all of the factors that they can consider, it gave them that decision to do so on their coins then by all means.

amen. like the ancaps say: don't tread on me. let me live and i will let you live. and the last one: everyone will get into bitcoin at the exactly right time (or maybe out again too)...

So long as the narrative around bitcoin is a digital store of value, HODLing super long term would the preferred strategy.

Most of those advocating for HODL doesn't really care about the other users. They are just afraid that if a lot of the users sell their coins, then the exchange rates may fall. And the same people who are advocating for HODL will dump their coins at the first opportunity, if there is a need. Personally I would go for an ideal mix of profit booking and long term holding. There needs to be a good balance between these two. In such cases, you will not incur big losses if Bitcoin suddenly becomes worthless, and at the same time you will be left with enough coins in case Bitcoin appreciates by 10x or 20x in the future.

look into the history of money, is has to be first store of value an then it can transition to medium of exchange

that's not what i experience - i pay and earn in bitcoin and i don't care what you do

beeing normal, keeping the balance, sounds boring

edit: typo

I'm going to sell most of my BTC when it hits 150k. If it drops i'll buy some more and wait until 250k. I want to buy a house and maybe a car with my income from BTC.

You could borrow against your savings. they way you don't sell but have liquidity

i don't understand why someone would sell the best money to "take profits" (not talking about selling to pay for bills, a house or whatever). also if the timing is right, that is a big if - not worth it imo

No one is forcing their decisions and you are right different people have different cases and some might be making more money by mere trading while others may be having the best profits by just holding it. I have seen traders making a good amount of money by short-selling bitcoins when the price is bubbled up and is expected to go down. Then there are some who don't want to get involved in all this because they are not good at reading charts and they just hold and save for the long term.

We cannot expect everyone to have capital big enough to avoid selling their coins. A lot of people are making a living by selling bitcoins so yeah overall the value lies in holding but sometimes we do need to sell them.

i trust and keep telling myself that i will never sell...but i'm always afraid if it really hits the 1M mark like people say it will
i fear it will be stronger than me when that time comes.if it ever happen of course :-\

I won't follow Michael Saylor's suggestion totally because I never plan to invest all of my money forever. There should be time to take profits, we already determined it before we bought the Bitcoin. That's why we should have a target in our investment, for example planning a certain rate to sell Bitcoin in the future. Or planning a specific time to sell the Bitcoin (example: holding 1 year or two years). This is needed to accumulate how successful our investment in Bitcoin.

When it comes to investment decisions then everything would really be depending on us and its true that we should really have that selling point but there are people who do tend to hold no matter what.
If we dont need money then its up to ours on holding for several years or even as long Bitcoin do lived.Even myself is longing to sell after 1 year from the day i do accumulate because i cant just
afford to hold like forever because i do still need money out of my investment so its up to someones preference because we do have different targets.
Im just really amazed on those hodlers which even up to now they havent sold out even a single coin.

That's because you've never had the mindset of a millionaire. I don't blame you because it's hard to put yourself in someone else's shoes.

What Michael is talking about is holding an asset that grows in value as long as you can because it's going to give you more every year and if you die it's going to give this value to your children or grandchildren.

It is not just because we have a mindset of becoming a millionaire and we have to hold for a long time. There are a lot of factors why many aren't able to hold, like if you only have limited resources and don't have strong financial capabilities.
We can't it in our mind to hold for 5 years, 10 years, or even more but the problem is we are lack of execution, and most of the time our fears got triggered to sell our holdings.

I avoid to hold if I can't afford to lose since I can't really afford to hold for more longer years or even 4 years timespan and its so stressful since I don't have big capital to cover up that what supposed to called lose if we buy at the peak so we really need to prefer for something good since we need to think for betterment. But if you are rich then maybe holding is good for that  but for low baller guys then day trading is  the best for start since if they can learn then there profits can be save for long term hold or for rolling it.

on the other hand we have to know the right time to sell it, and this is what no one knows in advance how long the bullrun will last again. therefore if we look at the price of bitcoin which used to fall in the range of $4K until now for 4 years, then what percentage of the profit will we get. and I think if we never sell it, then later it can also be inherited

we need to eat and drink, if we feel enough with the money we have for daily needs, we better save bitcoin, and only sell it after the price goes up again, because we know that bitcoin prices are not always low, don't believe other people's posts, but believe in yourself, if you feel confident then sell it,

I regret selling my bitcoin. If I could repeat the past. maybe now I'm Becoming a millionaire. Now I have learned to be patient and not sell my bitcoin because I believe the price of bitcoin will continue to rise.

More and more people are seeing the importance of Bitcoin and are now into buying Bitcoin and not doing trading. We have all these talks with the crypto community in our place and almost all of them are saying the same thing and that is to buy and buy Bitcoin and not to sell it. If you trust the crypto currency then you should be able to invest all of your money and wait for the best payday after many years. I want to be sure that we can also pass this over to many people here. I seldom give my opinions but Bitcoin is a good cryptocurrency.

i stopped using words like cryptocurrency and crypto community, i think they are misleading

something else about this discussion: are we talking about selling fiat when we buy a house, food or a car? i mean technically it is selling, but i guess in this context selling is meant to exchange it for dirty fiat. and if this is the case my answer is pretty clear: i will never sell my BTC

Yep, because the volatility will never stop. Prices go up prices down there will always be. So I think holding on forever is not right. I have analysis with my ruler, I have pegged some increase and some decrease when the target comes I have to do that strategy. Although not accurate but at least I have assets that continue to grow. Also with my technique I can feel more at ease with the total amount of assets I have in USDT because the movement is not like bitcoin.

i have a hart time understanding what you are saying here. is your argument, that because it is volatile, you will not hold forever and sell?

you could also see it this way: prices go up and prices go down (measured in bitcoin) - but bitcoin always keeps the same - 1BTC=1BTC

maybe we also have to be a little smarter in starting this investment, we also have to be observant in seeing an opportunity that can benefit us, because in a business profit is really needed by a business person, but for me if the price is good then we we can sell it with a little bit we have returned the previous capital, and most importantly we must not be greedy in starting any business

It all depends on the advantages one gets by holding the coins. If bitcoins can be used to take fiat loans, then I am sure anyone would be glad to hold bitcoins as an asset.

You hold bitcoins --> the values go higher with time

You sell --> you pay taxes + you are losing your portfolio

you hold --> you can take loans by putting those bitcoins as collateral + you manage to hold your bitcoins for a longer period which also means more value over time

The only problem with the above assumption is that there are not many platforms where you get loans by giving out bitcoins at reasonable rates.

I don't live in a country where Bitcoin is legal for payment transaction.
But, I also don't spend it for last long life investment. I am a short holder and also day trade. SO, I think it will depend on our passion and also our goal of earning and having Bitcoin. So do the other cryptocurrencies.
I am psure enough that everybody has their own chance and strategy to earn money and utilize Bitcoin.

But you can convert your bitcoin to your local fiat? Anyway, a lot of countries are now opening to the acceptance of bitcoin or other alts in their payment method, so sooner or later your country may do the same. And more than likely the price of btc is quite valuable that you don't want it to use for payment purposes. Most long-time btc holders have the aim to get big profit by waiting to hit their target price. And based from the btc moving average chart, we are bound to see high price of btc in the coming years.

It depends if you are a trader or a long term holder. If you have the knowledge in trading, you can buy in a lower price and sell in a higher price in a short term period. If you are a long term holder, take advantage of the bull market. With this you can take profit but you do not need to sell it all. You must take position or buy when the price go down during bear market.

If You can help it .your Bitcoin never sell it. otherwise actively use .some of them are for investment like mid term or short term or long term .unless you have no other choice don't ever sell it.

maybe not not selling our bitcoins but we are waiting for a suitable price for us to get a little profit from the trading value of the bitcoin, if indeed the price is suitable for sale then we will sell it so we can get a little profit from this business

all will do as you may say, always waiting for the right time to reach the price past the time of buying and feel enough to sell it at a well-deserved profit, no need to be greedy to seek exorbitant profits. because later it will rush down again and the opportunity is lost.

selling at the right time is best and waiting for it to come back down and buying it back and saving for the upgrade time to come again. a very good way if it continues and will make us always lucky.

This is one important consideration, but another is why is it always about either or? Sell or hold? You could also decide to sell a little portion, secure some profits and keep the rest. A lot of people ask are you going to sell or hold, but shouldn't a reasonable answer in most cases be "both"? You trade some, you keep some, you are always part of the game without risking too much at any point in time.

In the end, adjust to your skills. In addition, if the basis is profit then take the most effective steps to trade. Some steps sometimes we are different but our goal is the same. I myself prefer to sell and make $ Fiat. Of course this is with good technical and fundamental analysis. So no matter how much you hold, there must be a target, we have to TP and have to CL.

However, you should always take into account that any cryptocurrency, including bitcoin, cannot constantly grow in price. Many economic factors will restrain this process, including its high price, which will already serve as a risk factor for investments. Therefore, I would be very careful about the calls to never sell my bitcoins. We still need to control our investments and be not only an outside observer of their price ups and downs.

There’s no point in just holding bitcoin for lifetime. How will you be able to get profits on it! I think the best would be to stick to your own strategy rather than depending on anybody else’s advice.

People invest in Bitcoin and buy and hold it for various purposes. Every bitcoin user has different thoughts and needs and purposes. We all know that Bitcoin is a potential cryptocurrency and its popularity and value is increasing day by day. However, the idea of never selling Bitcoin may not be compatible with everyone. Many people hold bitcoins for a certain profit and then sell them. Those who invest in Bitcoin use their skills to trade and make huge profits by buying and selling it at the right time. However, in my opinion, it would be wise and appropriate to increase the amount of Bitcoin through buying and selling through market analysis without holding Bitcoin.

care to explain why you think bitcoin can not go up forever? you are saying the high price will lead to not higher prices?! i am confused  ???

Each of us needs to have our own investment strategy as well as an exit strategy.
It is not good to listen too much to the advice of others because each of us is different and has a different personal situation.
For me, bitcoin is an important part of my investment portfolio but I don’t think it’s a good idea to depend on just one type of investment asset, no matter how good it seems.
In addition to crypto projects, I also invest in classic stocks and investment funds, as well as in business start-up companies.
That way, if there is a problem in one type of investment asset, I don’t worry so much because I have diversified my investments on multiple sides.
Money is to be spent and invested, not to be kept  ;D
If there is a good investment opportunity like a start up with a possible return of 2 000%, why not invest part of my bitcoin funds in such an opportunity?

Do you think someone should never sell their btc unless they absolutely have to?  Such as if you have money enough to even barely pay your bills, do that and don't sell any btc?

I would sell only the Bitcoin that I needed for my daily nececities. I am already seeing my Bitcoin as a coin of collection or a special heritage for my family.
Some antibitcin speak about him as a dead currency, the truth that is disappointed that concept.

I maintain the best spirit of a Bitcoiner before any circumstance, it is for freedom and I believe that the motto is not to give up it.

Same here. Also, I am putting some of my btc to savings that can earn interest. The interest is not that much. But if you are just waiting, better earn a lil bit everyday, right? As it is bound to increase its value, maybe it is worth holding it while you can or buy every chance you have. There's no time to regret once its value skyrocket in the future.

Most times is good to take profits while in profit, it really feels bad seeing your investment getting so much profit and you didn't take those profit and after a while price falls back below  your entry making you loose those profits, so most times it's better to sell when in profit and buy back later when prices dips. Talking about task not all countries impose task on crypto gains so i think it depends on your location, people in countries which task are imposed on crypto can actually save thier profits in usdt.

I agree, but we also have to respect other people's thinking where he already intends not to take advantage in the near term. maybe they intend to pass it on to their grandchildren, so that their children and grandchildren will not be financially short. but for me personally at the moment I still need money, so I have to look for maximum profit and buy it back when the price drops

There's nothing wrong with that yes, but if you have nothing to spend it on or if you believe that it's going to be more than just the current prices then probably hodling is your option but that comes with a risk that your greed might lead to your downfall because the prices are going down, my take on this is if you have the need or the profit margin is too big to be ig ored, I think that selling is the best thing to do.

it is true that no one will be the same in opinion, let alone to execute possible actions for the purpose of taking advantage sooner than the time. because like everyone will have very different needs, there are those who are indeed investments because the funds invested are more funds and will be used differently from the needs they have. would obviously take a different course of action and that is natural and reasonable.

buy when the price drops and sell it when we think it is appropriate to sell because it is quite profitable, but there are those who actually wait for a long time and not infrequently for a long time to finish after a halving that occurs every 4 years, with the aim of forming a maximum price.

For those who have invested 50% or more of their total wealth in to Bitcoin, there is nothing wrong in booking profits at regular intervals. But in my case, I invested only around 10% of my net worth in Bitcoin (that was in 2017). I sold some amount of my coins during 2017-20 period. I regret about that decision, because if I had held on to them, then I would have got a higher amount of profit. My advice to everyone is that in case you have a small number of coins (<25% of your net worth), then it will be better to wait for some more time, so that the exchange rates hit 6 digits.

indeed in the end everything is determined by the capital we allocate to investment, because if the capital we use is actually a need that is also in it then we will find it difficult to make long-term investments, so we will always look at the situation and if it has increased a little we will be tempted to sell it. but if the capital that we invest is indeed capital that is specifically available for investment then the events that you face or many people do will not happen. because when the halving is over, a renewable ATH will be formed, that's where it's time to sell it.

no need to regret because there will always be time to invest in bitcoin, because only bitcoin always continues to increase every 4 years by forming renewable ATH and never goes down, so it is worthy of being a future investment.

from here we learn to respect the decisions we make ourselves and not be influenced by others. because this is related to your finances so you have to really manage and do research in making decisions.
but that doesn't mean we don't trust other people, at least we use the opinions of others as a reference and our voting power in doing research.
but with regards to selling bitcoins i totally agree with your decision

we do not sell btc does not mean it is not allowed to do.
so it means that we are free to do whatever we want to do here, be it selling, buying, or holding.
but it would be better when the current price is less friendly because we are in crucial times in bitcoin, we are even wiser in the steps we take.
but that doesn't mean it shouldn't be sold because it is your asset so you are free to do whatever.
related to bills or other needs, as long as we have a reserve of money that we have it would be better if we don't sell our assets but if it's stuck and don't have anything else then use your assets with this note being the last choice because of profits in the future coming will be far from what you imagine

By having basic skills in market analysis, we are not easily influenced by fomo and will not panic buy or sell, so we are more confident and wise in managing assets. We can use the opinions of other people who are more professional and experienced in this ecosystem as a basis for analysis, but we still have to make our own decisions. this is not easy, it takes a process to learn, and practice to hone experience, don't give up because everything really needs a process to achieve a valuable learning experience.
one more key, don't be greedy. the market is very volatile so don't regret anything if you take profit then pump price, wait for another opportunity to enter again.

the point is to keep practicing and never stop to learn in terms of anything even the smallest, because usually the simple knowledge that we get when trading directly will make an impression and make us appreciate how important it is to learn and believe in our own abilities.
Regarding greed in taking profits, it returns to the respective trading principles. If greed makes you face big doubts, then it's better to stop.

maybe for you using bitcoin will be more practical, but actually the purpose of holding bitcoin is to seek profit from the increase that will occur in the future, it seems too bad you use bitcoin to pay bills, should be able to find other allocation funds and not by using bitcoin .
but again this is just a suggestion, it all depends on you, if i definitely will not release bitcoin for other purposes before reaching the desired price.

I have started mining in early 2016 and in February 2021 I got back my investment(yeah I didn't sell at 2017 bull run).Not only got back my investment but also invested in two more powerful mining rigs(GPU-s mining rigs) but have also almost half Bitcoin from that mining activity since 2016.I withdraw every thing I make from these new mining rigs and invest in different things,I keep that half Bitcoin for when the price of Bitcoin will go 100.000 dollars or more.So I sell and save but some Bitcoin I am saving it for that target price and I will reinvest it in crypto mining machines again beside getting my profit,that is what I do,I wait for win-win situations to happen in my life.

You are so correct. I too don't get it sometimes when I see investors talking about Don't sell your Bitcoin, What was my purpose of investing? what happens If I might not have more funds to buy and I could have been able to double my bag by just simply selling at a higher price and buying back when the price dips like in the situation we are now? I believe that Investors should also understand that you can take some profits and make yourself feel the good of what you invested in while still trying to double your HODLings by trading wisely and yes you are right about the capital gains in crypto. We don't experience such here in my country.

People have different approach to how they will manage their btc bag, sometimes it feels like given a precious asset away when you sell, however taking profit is very important and a big part of investment, holding is good but must have a set target 9r time frame when you must liquidate some percentage of your holdings and keep the rest, buying and selling is what keeps the market moving, if everyone buy to hold and no one sell then that won't be healthy for the growth of the market, besides when people sells new buyers will have opportunity to come in.

It is easy to advice never to sell when you have experience of holding. Those who has bought Bitcoin recently or have little experience of holding, find it hard to believe that “not selling is the best option”.
Instrad of “never sell” I would suggest to look on price graph once again and try to find by themselves how price has dropped and than recovered.

everyone will only see instant.results by buying bitcoin at a low price but wanting.to sell.it at a high price, that's.what novice.investors want at this time, they only think instantly.in terms of the method.it's.not However, it.is still going.through a long process.especially since this is a long-term business.whose prices.sometimes go up and down in.a period.of time that we cannot.determine.

for now we should admit that the crypto world is still the number 1 enthusiast for business people considering that the crypto world is currently very popular among business people, both for old businesses and for beginners, because in the crypto world business, the way it works is very simple. transparent and without coercion, such as when we want to buy something for us to resell at the right price and we can do that whenever we want, but only the price difference is for a coin

We have the same feeling, like we used to look our portfolio how much we gain or lose and we cant manage our emotion. If you see that it goes up a lot then you tend to sell it or if it tends to crash like you said then you still have instict that to prevent more losses you will sell it also. I think in this kind of situation the best to do is hold and forget it for a couple of year but before that you should only invest what you can afford to lose so that it wont hurt a lot in your side.

If you really do have to sell coins,,, that is okay. I do not think everyone is able to just buy and hold,,, in fact, I sometimes think if the majority of us used Bitcoin regularly to pay for bills and whatever stuff it is we have to pay no matter what, Bitcoin would get even stronger. Remember, it gets better with more use. If everybody just holds the network would be so empty and only be used for buyer transactions;)

Bitcoin is more suitable for long-term holding. Believers in Bitcoin generally choose to hold Bitcoin for a long time, and their consensus allows them to obtain higher profits.
With the addition of more new users and the recognition of Bitcoin in some countries, people’s consensus has increased, and the demand for Bitcoin is also increasing. But its quantity is limited, so this scarcity keeps the price rising. Long-term holding of Bitcoin will gain higher profits.

One of the worst things to ever do as an investor is to just holding your assets/investments until you die.
Never selling?? Are you sure about that?? If somebody here will follow what he said then stop investing.

Bitcoin is created to be a world digital currency but the problem is it has been used as an asset because of the gains that somebody can get just by holding. As an investor, you should have strategy into when to enter and when to exit or sell. In this case, not selling will not help Bitcoin itself and as well as you. Instead of just holding it, why don't  you just use it to buy some things online or convert it into your own fiat currency. I'm holding some Bitcoins yes but I will sell it at anytime soon and I don't see the purpose of holding it for dear life xD.

But you have to be smart about hodling though because there will be some opportunities where you can buy and sell your bitcoin. It's a matter of opportunity but you are right that it should be a long-term hodling because you never want to miss out when the price of bitcoin goes up and you have no or little amount of bitcoin. Hodl smart, always look for opportunity.

Long-term - HODL and accumulate, optionally sell on extreme greed. That's my base strategy.

Short term - Scalping your altcoins, DeFi gaming, choose the ones that have a play-to-earn concept, like AXIE and $ANRX that lets you play, buy and stake NFTs (https://anrkeyx.io/landing)

Many people don't sell their Bitcoin because they are always waiting for it to hit a higher price, so as to make big profit. For example, someone will buy as $33k, and will want to sell when Bitcoin hits $100k. I don't see any reason why someone will hold him/her Bitcoin for a lifetime.If one don't sell,  how do you intent to make profit?

possible to pass on to their offspring. I don't think it's impossible for that, with his current savings maybe someone buys some bitcoins, and he won't sell them, but he could be financially preparing for his child's needs when he grows up, and maybe he wants his child to be able to feel financial freedom later . but for someone like me, of course I will sell it when the bullrun occurs, and I will diversify it into other assets

It's okay to decide to hold BTC for long term investment. But don't forget to set your own target.
"When you gonna sell? 3 years? 4 years? What if in that time frame you didn't reach your target?
 What you gonna do?
My own target for btc is reach $300k and my time frame is 2-3 years, so if within 3 years my target is still not achieved. Then I will sell all of my investment at any price.

Very similar to me,,, except that for me it is a this-or-that, whichever first situation, which means either the price hits first, or the time hits first, in which case I make a decision to sell some of the investment to make sure I recuperate at least some of what I put in, and then reassess a new price and time target.

It is also years for me, and I just made my last reassessment in 2021 recently, so happy that I recouped already plus more.

I agree with you too but if you look at it, they are actually making profits but they are not taking profits which I don't believe is a good thing. And like you said, why do we really invest in all this money-making venture, Cryptocurrency in this case, and have accumulated this much profits and still don't want to take profits? don't make any sense to me. The whole essence of my investment in Bitcoin and other cryptos is to make profits even if not immediate but at least eventually and I would be able to use that profits to take care of my needs.

so funny you guys are interested in making a profit / taking profits... not realising that bitcoin is money and there is no need to take profits

With that range of years, I'm believing that the price of bitcoin would be still at greater price than it is with the latest ATH.

I have my set target and how much I'll be selling just to be sure but I also have a dedicated amount that's good for unknown time and can be said literally for long term.

you think with me because I believe bitcoin will reach a more lucrative ATH than in previous years
but now it's a matter of time, are we strong enough to wait for bitcoin to reach its peak
My belief is based on my own analysis of data on the development of current financial technology and bitcoin is a transaction tool that will be used in the future

no one knows when the bullrun will come back again, whether less than 4 years or even more than 4 years, it is patience that can save us from panic, unfortunately to be patient is not easy, we have to control our emotions when we see prices move. If only we were able to hold on to it until we died, maybe at that time we would get a tremendous profit

It may happen before the next 4 years, or may take a bit longer. But eventually it has to happen. Because the userbase is going up at a steady rate and the acceptability is increasing. The exchange rates and the market cap needs to be in sync with these two parameters. In normal circumstances, the exchange rate can't remain stable, if the demand is constantly increasing. But these factors doesn't mean that you should never sell any of your coins. My opinion is that when you face a cash crunch, you can sell a small part of your holdings.

If people never sell it well that is their choice but i don't think that is good idea, i''ve using this methods in some altcoins and i missed many moments . if it feels appropriate to take profit then do it. dont be to active to market or people will become greedy but also dont become to passive on market.

sometimes after I sell the coins I have, it turns out that the price goes up even higher. Honestly at that time I also regretted having sold it. Finally I try to sell some of my coins if it reaches my target. So if the price goes up or down I don't have to be sad or sorry.

Personally I think it all depends on the circumstances. I mean if it is possible to sell at a high price why not. Of course, investors also want profit and it is impossible to hold btc for life. After all it will all revolve too because we can buy at a low price. It will continue like that. Therefore it is important for investors to be able to understand the crypto market where they must be able to determine the right time to sell or buy crypto. That's what will make them profit as expected. Experience and knowledge go hand in hand to understand the crypto market well.

if we get a big profit why don't we sell it, I think greed will actually bring disaster. when we are sure to sell, I think whatever will happen to the market we forget, so as not to get carried away. indeed there are also people who intend to hold it for the long term, even for their old age guarantee, but if it is not sold forever, I guess I don't understand this situation

it's.not that we don't want to sell.the bitcoins.that we have today, but rather.the influence on a bitcoin price which.is still relatively.very low as before, so we still prefer to survive rather.than let.go, because we also don't want to take risks.in this problem, especially this is.a long-term business.that we can.determine by ourselves.if I were.a businessman then I would.defend it.more than I sell.it

if you have other income besides Bitcoin then it doesn't matter for you to hold Bitcoin in the long term, this is why all Bitcoin investors are required to invest with their savings or unused funds. Investing wisely is important so you don't make it difficult for yourself in the future.

me too, I will choose to always keep the bitcoins that I have, because we see the current price is very cheap, it must be a pity if we sell now, surely we will experience a very big loss, anyways if we sell now, for Buying back is very difficult, because we are middle class people, so I will keep my bitcoins, and I will sell them again after the price rises again, because this is a long term investment, I will patiently wait for the right time, to release the bitcoins that I have. .

Don't know why people always want to be greedy when good moments don't do it even though before we have passed bitcoin and altcoins a lot with their best moments, did you sell the bullrun or ATH or expect higher than that?
No one knows the market price so we maximize profits as much as possible if there is a passive profit then I will take it no matter how much it increases as long as you don't get greedy when there is something good in front of you.
Actually it's just a choice of each.

Since the market is always volatile, I go for a minimal profit and place orders on trading instead of keep them for a long period or just keeping at one place.  There where I see a decent circulation of any currencies traded in the market.

Anyone here, does not just provide interest to you just keeping your coins with them. In order to provide you the interest they certainly circulate the coins and make profits and that profit is given in few percentage as interest to you. So the bitcoin is being in circulation. This circulation can be even done by you as you become experienced in market.

As much as we all want to hold our Bitcoin and sell at a higher price. It also important to know the right moment to sell. Don't be a greedy investor, some people always miss the right time to sell their bitcoin, because they want the price to rise higher in order for them to make massive profit, but majority of them end up losing the opportunity to sell. Bitcoin is an unstable Coin, it rises and falls.

So you are suggesting not to sell bitcoin so that you don't get taxed? You want people to hold forever? What are they going to do with it if they don't sell it or use it? You do realize that in most country as soon as you buy anything or exchange your coins, you get taxed. So it doesn't matter if you use bitcoin or sell it. You will still get taxed. And I think people should stop with this toxic hold for life mentality. If you have to sell it, then sell it. No need to hold. You can afford to hold, then keep holding.

We will certainly sell the coins we hold, but at the right time, now cryptocurrencies can be used for daily payments,

If the price of Bitcoin falls, don't be affected by negative news to sell Bitcoin, and wait until the Bitcoin price rises when you think it is appropriate to sell.

Taxes will not burden us if we are organized and according to the rules. especially from these taxes that can advance our country. why don't we sell bitcoins when we make big profits, don't we want to diversify our profits in other businesses, which will make our finances more stable. therefore we have to think more broadly, if we are useful for others, then the ease will come naturally to us

is.it.not that we also will not sell.bitcoin at a cheap price, of course it.is also not a taboo.thing if.it is.done by investors.because everyone will always look for.profits from every investment he.makes, anyone will feel the same.way, we also really hope for the price stable.ones that have high value for us.to release to the stock.market

I think it's impossible for anyone who doesn't sell bitcoin, when they buy at $100 and then bitcoin costs $10,000 then I'm sure they will sell. although bitcoin is most profitable if we hold it for the long term but it is difficult to hold when we have profited hundreds of percent.

maybe at this time we can allocate more into the short term for now, because we prefer to survive and not sell bitcoin for a long period of time, maybe we are currently being served with lower conditions and maybe we are more inclined to defend what's the current situation?

Why we have to hold it lifetime then if we cant use bitcoin as payment method? I rather hold for some period of time till I get profits then convert it into fiat to fulfill the needs or buying something I dream of. Btw, if for example, every bitcoin holders will hold their bitcoin lifetime, what will happen to its market? There will be no activity, which is bad for bitcoin itself.

I am so sorry, I won't follow him. I am a realistic person, what for keeping Bitcoin forever? When I buy Bitcoin, I should have a plan to sell it someday. Just to let you know, I keep my Bitcoin for 5 years for the longest time to hold. There is no plan to hold more than 5 years till now. I have learned many things from various topics and discussions since I joined this forum. I can conclude that Bitcoin is a long-term asset, but not an eternal asset.

there would still be some activity of people buying more or first time buying, but to say that you have to keep holding without saying anything about selling at one point then it doesn't make any sense, every one has to sell at some point of their lives because of financial stuff or something else, i agree though if they said to keep holding an amount of bitcoin that you don't need, maybe one day things can get crazy who knows.

Yes, this is the idea of having bitcoin. Owning it and keeping it until such time you will going to need it. However, bitcoin should not be keep forever. Just like other things that has value like gold and property in the end it will be exchange to fiat currency and that fiat will be also exchange to other things that we need or want.

it.is still an.option for investors.in choosing.to go or stay to sell.bitcoin, but for me it.is very impossible to.sell bitcoin at a low price for something that.is not a.necessity, for example at this time, moreover.this is.a long-term business.for a company.satisfactory results for our future at some point.in the future, so for now I would.prefer to stay rather.than let.go at a price that is.not in.accordance with my wishes

Btc has a good price in the market and the price will continue to rise over time. Personally I will hold it for long term investment and will sell it when the price is on what I want. I believe the price of btc will continue to rise but if you don't sell the btc you have while the price is good I think that's a bad idea. Of course we want profit in investing. Many people wait a long time to wait for the price of btc to go up and we can't let that chance. If the price is good we can sell btc, after all our capital will also continue to rotate in the crypto world. So it won't be bad.

No doubt that countries will regulate the crypto in the coming years. You might see taxation policies even for the unrealized profits so it doesn't matter that if someone is actively doing transactions or just holding the crypto. The rules and laws are uncertain at this moment but things are going in positive direction for crypto industry.

A lot of politicians are now proposing to tax unrealized capital gains. The first one was perhaps Ron Wyden (Democrat Senator from the state of Oregon). And I am afraid that at some point in the future, it will be implemented. Governments are moving towards more populist policies, by increasing the number of freebies and handouts. In order to do that, they need to dramatically increase the tax revenue. Since the income tax levels are already sky high, the only remaining options are increases in corporate tax and capital gains tax.

all investors do as you said they will sell the coin at the right time meaning when the price of the coin goes up then they sell the coin, if there is a negative problem the price of the coin will go down and they take advantage of the opportunity to collect coins for them to hold in the long term but not all coins they buy, they buy potential coins like eth and bnb coins.

if you have income from other places that can support your daily life then you should never sell your Bitcoin
Bitcoin is more convenient as a long-term investment, not when the price rises or falls a little, you sell immediately

Michael Saylor is a successful businessman so he doesn't need to sell his bitcoins to support his living expenses. but what about you, is your income like him?
I'm not saying you have to sell your Bitcoin but also look at your condition if you don't need it then you should never sell your Bitcoin

I also believe the price of Bitcoin will surely rise and hit a high price. And selling then with be nice, and one will probably make a good profit. All is required is patience. We don't have to panic about the present price of Bitcoin, but to hold up to our Bitcoin and wait while the price rises. Although, it might take some time. Bitcoin price is currently at $31k, and a nice time to invest.

If you feel it's a good time to sell, sell now, and if you feel it's not, hold onto it and continue to enjoying knowing that the value of your portfolio will be worth more in the future than it is today.
Bitcoin was created to serve a purpose. Just like the dollar, the Euro, and other national currencies, bitcoin was intended to serve as a medium of exchange and a store of value. And it has succeeded in being both.

What do you mean by taxation policies for holding the coins, even now anyone who is making a substantial profit are paying their taxes for the profit earned through cryptocurrency but you are not paying for the coins you are holding and i only pay a tax when i convert my profit to fiat currency and a smart taxation policies will be along those lines rather than asking for anyone holding the coins to file the tax even without converting them to fiat.

I think the law differs from country to country, but the standard is, you don't pay taxes on what you don't earn, you'll only pay taxes if you convert your bitcoin to fiat and you make a profit from that conversion, holding bitcoin will have you bitcoin and taxes are computed in fiat, not in bitcoin.

Well, this is an anticipated moment, and most of us waiting for the bitcoin that there is another all-time high. People will still believe that there is a great resistance soon and it could be bitcoin will come at that stage. However, the problem is there is no time frame and bitcoin did not promise to us that we will have a quick-rich because from the start this means that bitcoin is a form of payment or alternate with the fiat currency. If you will believe it is good to save the value on bitcoin is to hold for a long time and that is your decision.

Believe me, i try. But in the reality it's very hard to hold coins especially when the price up more than 3 times. I've been holding crypto since 2017, when the market crash in 2018 i loss a lot at that time. Stupid me i panic and still lack of knowledge about crypto so i decided to sell half my investment in 2018, but i still very gratefull because i not sell all of my investment at that time.

I have an eth coin in my wallet in 2017 I didn't sell it because it was cheap after three months I forgot the coin I had because I was busy with office work so yesterday I checked my asset wallet it increased many times I'm very grateful.

You can sell your bitcoin for take profit.  But don't sell bitcoin for cut loss.  Sometimes if the price of bitcoin has gone up high we want to sell it for a profit.  So sell bitcoin according to your target and don't sell everything.

Well for me..you can sell it in time that you think is beat to sell.if you think you gain already and you really need to sell why not..I believe also that you can keep it also until you get a higher price for bitcoin. 3 yrs ago bitcoin only in our country line for hundred thousand only but now already reach in a million for one bitcoin.this is really amazing.so keeping bitcoin wont you losse because keeping bitcoin is really a big investment for real.and if it has a taxes accept it because it is a part of the law implenting in your country.as long as you know you earned why not selling bitcoin.but still you are the one who decide of this.

Yeah, if possible accumulate rather than sell BTC. Even wealthy people like Elon Musk, are looking at BTC as a vehicle to increase their wealth by accumulating for the future expectation that BTC price will surge to new highs.

So, definitely, use the market now to buy BTC and if possible get a long-term view on it.

I believe that, that is the whole basis for whether people sell or not. It depends on someone's condition at a particular moment and how pressed you are for funds and whether you have other means of getting these funds or not. As you mentioned, "Michael Saylor is a successful businessman so he doesn't need to sell his bitcoins to support his living expenses" what happens if you don't have other means for funds for your expenses? Investors wouldn't want to naturally sell their Bitcoin except for those that still believe that we can accumulate more by selling during an ATH and buy back when the market drops which I support too but other than this, if I have other means to fund my expenses, HODLing becomes neccessary.
 

you have a steady income from an offline business or job then follow M Saylor's advice to hodl BTC as long as possible

lending platforms that are appearing a lot at the moment are very attractive to BTC holders, I put my BTC in the Celsius wallet and lent my BTC there ^{(DYOR you have to be prepared with all the worst possibilities on the Lend platform)}

Wrong every cryptocurrencies can be sold when cutting losses if we find something that we can make profit in altcoins. sometimes deciding to sell out to make more money is ok as long as you will return back to bitcoin for Holding.
We are in practical investing now and not just the OLD school HODLING.

Of course all investors who are in a business will look for a little profit for themselves, the same thing as what is happening at this time, if the selling price is too cheap then I better save and not sell it in the near future, I prefer choose to wait by reselling at a high price, maybe I will do that in the future

During 'altseasons', that is after bitcoin has had a major rally and money begins to flow into altcoins causing them to rally, it might be wise to sell some bitcoin for altcoins to take advantage of the higher gains... ultimately to increase your bitcoin holdings further than simply holding the bitcoin. Yes, there are tax considerations in countries where they apply, but the gains might well justify the tax hit.

it's.not that we don't want to release bitcoin on the.stock market but more likely.to wait for a higher price so that we can.get a little profit according.to what we want so far, because every businessman wants.to always look for an advantage for what business.he's in, so they prefer to keep it for a long time rather.than sell.it at a cheaper.price, maybe for me that's.because I'm.also looking for a little profit

I had my first bitcoin opportunity in 2014, I blew it up... Second opportunity was in 2018 February when btc was $2800 from a forecast that btc will hit 50k I never took the advantage, but now I want it deep like deep because yesterday forecast targets BTC hitting $300K. I will keep buying...

So how many have you bought when you started buying? that's the mistake that many early comers did. Although there were the wise ones that even they've sold early, they did what they have to do to get those sold bitcoins back. While those not so late people, they've also taken their part to buy as early as they can and at the price that they see as a cheap price.

Well, that's really one of the biggest price that we've been seeing with those predictions. But still take precaution that it's still a prediction that it may or may not come soonest. Note, I'm not a bear guy but I'm also looking forward to that price but we'll never know when it comes.

Most of our goal of investing in Bitcoin is to make a profit, so we will not sell Bitcoin at a cheap price. Because the price of Bitcoin is currently
experiencing a decline in price, it is better to hold Bitcoin than sell it. Especially if we look at the history of Bitcoin's movement which has always
managed to recover after a price decline, be a motivation not to sell Bitcoin at a cheap price.

Well it will be painful if you sell your Bitcoin and suddenly it price goes up above the resistance point. Bitcoin is not met to be hold forever. An investor need to sell his own portion of Bitcoin if the market looks uncertain or if one choose to sell it. You don't expect to keep holding my Bitcoin if I need money to help my other investment which can generate money for me.

It is only wise to sell when you have made profit from your investment. I agree with you that one can't hold his/her Bitcoin for forever. The price is currently at $33,206, and have been between $30k to $35k for some time now, what if you sell your Bitcoin, and the Bullrun starts. You will definitely feel bad. But it nice, if you sell when you have gotten some profit on your investment. Although, Bitcoin  will soon hit a high price.

family is number one. To meet the needs of the family having to sell assets is a very natural thing and I salute you who are fighting for your family if I were in your position I would definitely do the same as you.

it's true as you said comrade, we are poor people definitely need fiat currency for our daily needs, if we have other savings in the form of fiat currency, of course we will use fiat currency for our daily needs, but if we have no other choice we are forced to sell our bitcoins, to meet our daily needs..

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Bitcoin is about freedom and if everyone who owns bitcoin is not allowed to sell their assets, then where is the freedom. Selling or not depends on their own needs and goals, because one day the needs of those who hold bitcoin will definitely have a change from the financial side. So even though our goal is to hold it for the long term, and only by selling bitcoins will our finances be helped, then why should we refrain from selling it. It's a personal asset so all choice goes back to those who own the bitcoin, so if you don't want to sell it for your intended purpose that's fine because it's your own asset and you're free with what you own.

Bitcoin now is being considered as a good asset for storing value over time. So common sense would be never sell regardless to what the market is going on. Just a gold , btc is durable and can last.

Furthermore, when you talk about selling Bitcoin, people oddly think it is all about selling Bitcoin for fiat. The whole selling or holding debate doesn't make sense because what are you going to do if you want to buy a house and the current owner accepts Bitcoin? Same thing, you are going to use your Bitcoin, actually selling them so to say to someone who gives his house to your for it. Bitcoin isn't there to be held forever, it is there to one day be used for some type of asset exchange, reducing your BTC balance while increasing another asset category.

BTC and GOLD can indeed be used as assets in the long term, saving BTC and gold is very profitable for the future, even both of them can be used as inheritance for our descendants in the future.

Saving gold is indeed profitable in the future.  But if we kept bitcoin 10 years ago it would be 100 times more profitable than gold.  So is it better to save bitcoin or gold?  of course Bitcoin is much more profitable.

I agree, bitcoin is much more important than gold in terms of profit with respect to time. With bitcoin we can be more profitable at a short period of time only even of that long term holding. If we have invested bitcoin last april 2021 at its value is at 5k usd and a few months span its value is now 30k usd.I can see  how much profit i have this month.

No one knows the future hold, i'm one of the fan of bitcoin to. But in reality it's very hard to do it, if your compared BTC and Gold no wonder if bitcoin gain more profit than gold because bitcoin it's too risky. Big risk Big gain.

why do we sell.the bitcoins.that we invest.if the price.is not at all in.accordance with the profits.we expect, then.in this case.we better hold it.for a while.that we.can't determine.moreover this business.is a long-term.business and very useful for the storage process.in the long term, because this business.whose value fluctuates.is very good for us.to invest.in the long term

All have their own control rights with bitcoin holdings to sell it or not and if they really need it and other reasons just rely on bitcoin and no choice, and but if the price is very low and unprofitable it's better not to sell everything and only sell as necessary, and the rest were detained.

and i was in such situation once and there was no other choice i had to do it because i needed it very much, and i feel sorry that within few days the price went up and but most importantly my problem was solved and still some bitcoins because i didnt sell all
I think bitcoin can solve what problems we face in important situations or not without thinking about the market situation, especially financial problems and can be solved immediately.

Bitcoin is the top cryptocurrency in the world so it has a large strength to develop the crypto market. From the beginning the price of bitcoin is growing gradually. If i just remember last few years that in 2015 when the price of bitcoin was just 400 usd after that every year i noticed that the price of bitcoin is increasing in price. So i think it has a possibility to increase in price in near future. For that reason i think its not necessary to sell bitcoin if it is not in emergency case. 

That's true. Instead of selling much better to buy more while the price is not yet on 50$K or $60K. It would be more expensive if we wait Bitcoin to dump. In my opinion, We know Bitcoin is no much potential and very popular globally that even every government knows Bitcoin. Buy now and hold would be worth to hold and gain someday.

You are getting it wrong. Just imagine if everyone that has Bitcoin keep it till lifetime, no selling, what do you think will happen to the Bitcoin economy. As far as Bitcoin exist it must be sold out, exchange must take place . Where there is no exchange no market

Wrong perception but its true that it do needs circulation but it wouldnt really be that issue if you do tend to observe the market as of this moment then there's enough circulation because value
wont really be this high if there would be no sufficient circulation which do involves active using it but we know that bitcoin do end up on being a coin which is been actively traded
and some of them been holding by most people. Never sell your bitcoin? This is actually a personal choice of action because we do have different targets
or goals in mind when it comes to investment.

Everyone are living for their family. Human beings say that they're independent, it is not the truth. Human beings are dependent over someone in some way. This is the fact with financial needs too. You've got the responsibility to feed the family and you're doing it. So, on need selling bitcoin is not a wrong thing.

What I suggest is, try to save a very little portion for your future. There are wild speculation about the bitcoin price in the future. None is sure, but majority believe in it. Maybe the small savings could be a life changing.

Humans are social creatures, so they will definitely think about their family and will do anything for their family. So if our family has an urgent need
and we have Bitcoin, I believe most people will sell their Bitcoins for the sake of their families. It was indeed the right thing to do, we do have to
prioritize the interests of our families over Bitcoin investments. That's why I say rich people will find it easier to hold Bitcoin, because they do have
stable finances. As for the poor, there will always be an urgent need, which requires them to sell the Bitcoins they have. Although our needs are many,
and our income is not large, here the importance of financial management. We do have to allocate a small part of our income to buy Bitcoin,
because Bitcoin is one way to make our future secure.

Obviously, there is no point in us storing bitcoins for life, we store bitcoins with the aim of making a profit from storing them for a certain period of time. the difference between purchases and sales, then we get profits that we will use for what we really need.
we hold bitcoins only to find the difference from the purchase and make a profit, not for a lifetime, which is obviously impossible to keep for a lifetime and is useless.

main point here is that you do not have to sell, you can borrow against it, and there is a number of services that provide this, such as AAVE, Compound or other on other platforms, so you do not have to sell your BTC, you can wrap it and take a loan, with BTC as a collateral
this should be a development way, so that people can use crypto funds in a same way that they are using other assets to borrow money against it
of course, market is still young and early, but there are signs that we are maturing a bit, and that is good, will that influence BTC price in the end, who knows?

I agree with you on this. I don't get it why you can not sell your Bitcoin ever. Like most things, Bitcoin is an investment that you made and you are expected to take profits from your investment and as you mentioned, if all were to HODL their Investment in Bitcoin forever, where will the market be? only buyers no sellers and there will be no market after a while of Bitcoin starvation  ;D I truly believe some of us are getting the whole bitcoin investment wrong.

Since the lack of people, the need, the demand does not come according to the rules, I cannot guarantee that I will keep all my bitcoins for the rest of my life.But I will not sell my bitcoin until there is a serious need.

If I have decoded your message correctly, the only reason you are not selling your bitcoin is fear of being taxed but what happens if your country does not have crypto tax systems in place?
Going with the never sell your bitcoin, when do you ever get your profits from holding, honestly doing this is like trading without stop loss??

This is looking more like a greedy trader that never knows when to take profits or break even when things swing against you. If not selling then convert some into a stable coin.

- Yes, bitcoins can't even be touched by hand and can be displayed in cabinets and in homes, Bitcoin storage is also just a virtual image on a computer device and this whole museum has only one visitor which is ourselves, this style can only be for mutants who like to show off their extravagance, for those of us who are looking to make money every day, bitcoin is only useful when it goes up in price and we can sell then reset everything continuously. I just never sell when I'm at a loss

If you are a billionaire and never spend a cent from your wallet, then you won't be even a little different from the poor. So, if you are going to never sell your Bitcoins, then just don't buy them and let the regular users to use them.
And taxes, there are countries where you can receive the money and don't get taxed. In some countries, the money received from the foreign countries isn't taxed, doesn't matter whether it's bitcoin, other crypto or fiat. So, don't worry too much about tax.

And, finally, why to stick with bitcoin? Don't you think that there are other good alternatives or will be in the future?

If you don't sell your bitcoin for lifetime, then how you will benefit from using and investing on it? Why you need to earn through bitcoin if you don't want to spend even a single penny from the profit you earned? Not a good idea. I think, if you have bitcoin, you should hold it but you need to have a time frame if when you are going to sell it. Bitcoin > Investing  > Holding > Earning > Spending. But of course, don't spend all your bitcoins, still hold a small or half of it to make another profit in the future.

Taking strong hold your your Bitcoin is an idea that can change a lifetime financial situation forever. For instance, the well know story of a man who used 10,000BTC to buy two Papa John's Pizza, which is being celebrated today and which will remain to be celebrated in the entire crypto history as Bitcoin Pizza Day on every 22 May. Then, it has no significant worth in the market and to the entire world. With this story, holding will always have to be a good step of action that should be respectfully taken, cause I always yields a clear profit when the bull run kicks off.
If there is a real life job one does, then the pressure of immediate withdrawal for pressing needs won't be taken on Bitcoin.

Every good investor won't sell his/her Bitcoin if the price is still low. We all invest to make profit, and making profits from cryptocurrencies requires time and patience. Bitcoin will definitely hit a high price. The price is at $41k, not too late to get into the market. I prefer selling my bitcoin only when I have made some pretty profit.

it's not that we don't want to sell our bitcoins.but I tend to hold back if the bitcoin price hasn't experienced a significant increase, that's why I don't want to sell and choose to keep it for an indefinite time. I will not wait anymore to sell it and I will release it on the stock market

To Be Honest, I will never hold my BTC for lifetime. Yes I will buy bitcoin for making profit. If my BTC price increase and i am happy with the profit l, Then I will sell and a wait for a great buy. If I hold btc for lifetime, That's will never value my life. I believe if i hold BTC for a long time, I get big profit. I am not too rich to locked btc for lifetime.

It still depends on where you live. Some places prohibit the possession of Bitcoin, even if you want to own it. It is recommended that you do not sell your assets if the country allows it. Especially valuable coins.
If you want to sell, you don’t have to be sold in legal tender, you can directly use it as currency for payment transactions.
If the country prohibits the use of cryptocurrency, then don’t hold it, it’s better not to
(Offending the law).

You better not get involved with bitcoin (Offending the law), you know it's against the law but don't want to sell the bitcoins you own, are you serious? If you want a withdrawal solution then you can use an alternative withdrawal on the P2P service on binance.

if you have bitcoin in your wallet and you think bitcoin will grow for a long term investment it's a very good decision, because the decision on our investment is in your hands no matter what people say when u believe in a project/coin and you seen it from all sides of us must be sure of it

although the price of bitcoin is very volatile.  But if we keep it for the long term, bitcoin is very profitable.  There's nothing wrong if you take profit, but you don't regret it if the price of bitcoin gets higher.

You are right. I still believe that most Investors take this out of context about not selling Bitcoin. It is not possible or I should say, it makes no sense for you not to sell Bitcoin. This is an investment whether we agree or not and the reason is for you to make profits and you have to take profits at some point otherwise there is no need to invest and keep them forever without selling. I believe the idea is for you not to sell all your Bitcoin because it has that potential to continue to appreciate over time,
so it is a very good investment for us to Hodl for future gains. 

Having a strategy like "never selling" is very dangerous. Because then, there is no meaning in holding Bitcoin. HODLing doesn't mean that you will never sell your profit. It means that you make a long term investment. And you set a price goal for yourself. When Bitcoin price reaches it, you sell some or all of your profit. That helps you not to do stupid things.

your post should be added to the OP for finally many people to understand that life is not just about buying and making Hodl until the person dies without ever selling their bitcoin, I get shocked every time I read stuff like that of people who buy bitcoin to make hodl and they never want to spend bitcoin even when they already have 10X profits, what is the purpose of making an investment and making 10X profits and not taking a part to buy things in the real world? I don't understand people who think about making eternal hodl

I agree with you. Holding don't mean one shouldn't sell his/her Bitcoin. I heard stories about people who held their Bitcoin and refuse to sell even when they have made a pretty good profit till their death. We all invest to make profit, and it will be a wise idea selling some of your coin when you have made some profit. I think greed makes some people not to sell their bitcoin, they are basically not satisfied with the profit they have made.

I totally agree with your opinion, maybe we will be the stupidest people, if we continue to keep your bitcoins, while you have nothing else to use as capital for our lives, this is a business, if I get a little profit, it's done. definitely I will sell a little bit of my bitcoin, then I will buy it back when the price goes down..

I agree that many people panic when the price of btc goes down so they take the wrong conclusion that they sell when the price of btc goes down because they are afraid that the price of btc will go down even more. This condition happened to me when I first joined the crypto world.