Why You Should Never Sell Your Bitcoins Ever

[BitcoinSupremo]

I am conserving the majority of my coins in my Electrum wallet, but lately I have started exchanging a few coins 10-20 USD-BT to FIAT, I am converting 20% of my coins and 80% I am conserving. I am convinced in the long run price can only go up.

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[jamesl22]

If you dont sell your BTC ever your grandchild will either think you were a genius or dumb.

Exactly and they will surely think that you were dumb that you didn't sell at the right time and they will blame you entire life as I keep on blaming my grandfather for not selling land at right time.

Or they will think that you are genius for holding so much coin because it reaches the highest value it can get the time when your granchild saw your wallet.

No one is sure what will be the price in coming months but every one is expecting higher price in future so just wait for the right time.

It's normal that the price will grow as we are progressing every year. But at the moment all eyes are pointed at the block halving. So many people expect the price to rocket up to insanely high levels, that it's almost funny, and to a certain extend even pathetic.

People should really manage their expectations when it comes to the effect that halving will have. Expecting too high an increase could very well turn to disappointment if the price doesn't surge to what they are hoping. For me, I'd be happy to hold for a long time and just buy during dips so my accumulation process will be faster.

We just have to stick with a realistic expectation, and we just don't invest all our money in one basket because majority of the people here are saying about the price increase, it could happen but we need to be prepared if what happen is the other way around.

Its always good to make multiple investments, but I am sure price will increase in this year, not only because of the halving factor but also because of more users and higher demand.

[tabas]

I am conserving the majority of my coins in my Electrum wallet, but lately I have started exchanging a few coins 10-20 USD-BT to FIAT, I am converting 20% of my coins and 80% I am conserving. I am convinced in the long run price can only go up.

If you will still have to wait for the next couple of months, your expectation with bitcoin will satisfy you, as you are convinced that the price
is going up, as it will go rise and rise after the halving.

[fkvidar]

I am conserving the majority of my coins in my Electrum wallet, but lately I have started exchanging a few coins 10-20 USD-BT to FIAT, I am converting 20% of my coins and 80% I am conserving. I am convinced in the long run price can only go up.

If you will still have to wait for the next couple of months, your expectation with bitcoin will satisfy you, as you are convinced that the price
is going up, as it will go rise and rise after the halving.

Selling bitcoin never will never allow you to make profits, and that is not the right way to treat your coins, whenever you see some profits, you should sell some part of your coins.

[batang_bitcoin]

I am conserving the majority of my coins in my Electrum wallet, but lately I have started exchanging a few coins 10-20 USD-BT to FIAT, I am converting 20% of my coins and 80% I am conserving. I am convinced in the long run price can only go up.

If you will still have to wait for the next couple of months, your expectation with bitcoin will satisfy you, as you are convinced that the price
is going up, as it will go rise and rise after the halving.

Selling bitcoin never will never allow you to make profits, and that is not the right way to treat your coins, whenever you see some profits, you should sell some part of your coins.

Selling bitcoin will give you profit if the price on that time is high,  and yes, if you aren't going to sell your bitcoins, it will never give you a profit
that's why you need a good timing when selling it.

[JumperX]

I am conserving the majority of my coins in my Electrum wallet, but lately I have started exchanging a few coins 10-20 USD-BT to FIAT, I am converting 20% of my coins and 80% I am conserving. I am convinced in the long run price can only go up.

If you will still have to wait for the next couple of months, your expectation with bitcoin will satisfy you, as you are convinced that the price
is going up, as it will go rise and rise after the halving.

Selling bitcoin never will never allow you to make profits, and that is not the right way to treat your coins, whenever you see some profits, you should sell some part of your coins.

Selling bitcoin will give you profit if the price on that time is high,  and yes, if you aren't going to sell your bitcoins, it will never give you a profit
that's why you need a good timing when selling it.

Majority of people will sell their coins only when see the higher price, but only holding and never selling will never able to give you any profits, so its better to sell when price goes higher.

[Hazir]

Majority of people will sell their coins only when see the higher price, but only holding and never selling will never able to give you any profits, so its better to sell when price goes higher.

I thought the same thing lately, but then again look at price chart of bitcoin from the beginning to our current  ~$450 price.
People who bought bitcoin for $1 were very happy when bitcoin price jumped to $10-$20 - anyway - what I am trying to tell is: with bitcoin there is no price borderline.
People would be always expecting a price rise, so I no longer worry about it and just sell BTC if I need more money.

[torrentheaven]

I am conserving the majority of my coins in my Electrum wallet, but lately I have started exchanging a few coins 10-20 USD-BT to FIAT, I am converting 20% of my coins and 80% I am conserving. I am convinced in the long run price can only go up.

If you will still have to wait for the next couple of months, your expectation with bitcoin will satisfy you, as you are convinced that the price
is going up, as it will go rise and rise after the halving.

Selling bitcoin never will never allow you to make profits, and that is not the right way to treat your coins, whenever you see some profits, you should sell some part of your coins.

Selling bitcoin will give you profit if the price on that time is high,  and yes, if you aren't going to sell your bitcoins, it will never give you a profit
that's why you need a good timing when selling it.

Majority of people will sell their coins only when see the higher price, but only holding and never selling will never able to give you any profits, so its better to sell when price goes higher.

That's right, just look at the price if you think it can give you profit then follow your decision, your heart. If you are contented with that amount
for selling your coin, then you just follow it and sell it.

I think that is the best way to make profits, holding too long can be risky if price falls in future, its always good to earn small profits from it.

[BitcoinPaw]

I think that waiting for something and not being sure in sucsess is not so good, and better to sell you coins when the time is right, halving will be the right time.

[randy8777]

I think that waiting for something and not being sure in sucsess is not so good, and better to sell you coins when the time is right, halving will be the right time.

i also believe that a few days before the block halving is a great time to short bitcoin as i believe the price will start tanking heavily once the block halving is done. i am realistic enough to know that the price will not increase with more than $100 from todays price levels. my guess is a high of $550 if there is enough panic buying.

[Jmild1]

I think that waiting for something and not being sure in sucsess is not so good, and better to sell you coins when the time is right, halving will be the right time.

i also believe that a few days before the block halving is a great time to short bitcoin as i believe the price will start tanking heavily once the block halving is done. i am realistic enough to know that the price will not increase with more than $100 from todays price levels. my guess is a high of $550 if there is enough panic buying.

Then this shows a bubble not an increase, heavy buyers will come before halving then it goes the big dump of coins after the event.

[stromma44]

I think that waiting for something and not being sure in sucsess is not so good, and better to sell you coins when the time is right, halving will be the right time.

If you are making profits at this stage then even this is the best time to sell your coins, as you cannot be sure that you will see higher price at the time of halving.

[richardsNY]

If you dont sell your BTC ever your grandchild will either think you were a genius or dumb.

Exactly and they will surely think that you were dumb that you didn't sell at the right time and they will blame you entire life as I keep on blaming my grandfather for not selling land at right time.

Or they will think that you are genius for holding so much coin because it reaches the highest value it can get the time when your granchild saw your wallet.

No one is sure what will be the price in coming months but every one is expecting higher price in future so just wait for the right time.

It's normal that the price will grow as we are progressing every year. But at the moment all eyes are pointed at the block halving. So many people expect the price to rocket up to insanely high levels, that it's almost funny, and to a certain extend even pathetic.

People should really manage their expectations when it comes to the effect that halving will have. Expecting too high an increase could very well turn to disappointment if the price doesn't surge to what they are hoping. For me, I'd be happy to hold for a long time and just buy during dips so my accumulation process will be faster.

I am quite sure that a lot people here will end up being disappointed as I nearly only see insanely high predictions. Some times I don't even know if they are trolling or not. That kind of unrealistic predictions do they have.

[pearl11]

Because we are waiting for the right time to sell it. Everybody  is waiting for the halving, and because of halving bitcoin will definitely increased the price of bitcoin.. From 450 as of now, it will be doubled when halving starts.

[BossMacko]

Because we are waiting for the right time to sell it. Everybody  is waiting for the halving, and because of halving bitcoin will definitely increased the price of bitcoin.. From 450 as of now, it will be doubled when halving starts.

i agree, most people i know now is waiting for the halving before they start selling their bitcoin , then buy again at the right time and hold it longer til they get profit,

[Herbert2020]

Because we are waiting for the right time to sell it. Everybody  is waiting for the halving, and because of halving bitcoin will definitely increased the price of bitcoin.. From 450 as of now, it will be doubled when halving starts.

i agree, most people i know now is waiting for the halving before they start selling their bitcoin , then buy again at the right time and hold it longer til they get profit,

well, i think selling bitcoin should only happen in two cases. one is that if you really need the cash you have invested in bitcoin and have no other way of getting it and two is if you are a trader and expect the price you want to sell at is the top of a bubble and it is about to burst.

[DavidoAlto]

Selling will be now bad indeed but you have later in the future the opportunity to sell it when the value will be higher so you can sell it with a lot of profit and that would be perfect if that will be possible for you.
But if you want to make now profit it would be better that you are going to trade and that is nice.

[NewInCryptoCurrency]

The only best moment to sell your Bitcoin is when you are making some profit and that is nice and it is also your main reason that you bought your coin so that is really nice.
The bad thing only is that it can takes a long time until the value will be more and than you need some patience for it.

[batang_bitcoin]

The only best moment to sell your Bitcoin is when you are making some profit and that is nice and it is also your main reason that you bought your coin so that is really nice.
The bad thing only is that it can takes a long time until the value will be more and than you need some patience for it.

Yes it takes a long time when the value of bitcoin is going higher, that's why you only need patience for it. Because it is one needed for it escpecially
if you are a investor or trader.
Or even you are just a holder of bitcoin and you are holding so many coins.

[mark coins]

The only best moment to sell your Bitcoin is when you are making some profit and that is nice and it is also your main reason that you bought your coin so that is really nice.
The bad thing only is that it can takes a long time until the value will be more and than you need some patience for it.

Yes it takes a long time when the value of bitcoin is going higher, that's why you only need patience for it. Because it is one needed for it escpecially
if you are a investor or trader.
Or even you are just a holder of bitcoin and you are holding so many coins.

There will be certain point when you need to sell your coins, as holding for few more months would be more profitable as halving will  show us higher price.