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Author Topic: Why You Should Never Sell Your Bitcoins Ever  (Read 270078 times)
dezoel
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August 10, 2016, 03:49:43 PM
 #1601

It is better to keep some of it and invest some.  You should not sell it because what if ten years from now its price goes really really high.  You must regret if for the rest of your life knowing that you have bitcoins before and could have been rich already.  Keep it and wait for the right time to sell it.  You have to monitor also the price of it then you will know when is the right time to sell it.

I have kept most of my bitcoin in the cold wallet. I also have some invested in the HaoBTC to get some interest.
im also keeping all my bitcoins right now, i think it is the best way to make some income with your bitcoins if you dont want to risk losing money at all

Yeah if you don't want to play with your coins by investing it somewhere then the best choice is to save them for future and sell when its price helping you in making higher profits.

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August 11, 2016, 08:39:13 AM
 #1602

im also keeping all my bitcoins right now, i think it is the best way to make some income with your bitcoins if you dont want to risk losing money at all

Saving bitcoin also has risk since we all know that bitcoin has a regular price fluctuations so I think it's not appropriate to say that if a person doesn't want a risk, they can just keep their coins.

To those who are saving bitcoin, you must play with the risk. Don't also think that it's a safe one since it will just turn to you a relax one.

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August 11, 2016, 09:26:19 AM
 #1603

im also keeping all my bitcoins right now, i think it is the best way to make some income with your bitcoins if you dont want to risk losing money at all

Saving bitcoin also has risk since we all know that bitcoin has a regular price fluctuations so I think it's not appropriate to say that if a person doesn't want a risk, they can just keep their coins.

To those who are saving bitcoin, you must play with the risk. Don't also think that it's a safe one since it will just turn to you a relax one.
yes the prices will continue to fluctuate up or down, in bitcoin no one can be sure you'll benefit even though we know that the reward of the miners have cut that may make the price go up but in fact isn't like that.

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August 11, 2016, 10:07:17 AM
 #1604

im also keeping all my bitcoins right now, i think it is the best way to make some income with your bitcoins if you dont want to risk losing money at all

Saving bitcoin also has risk since we all know that bitcoin has a regular price fluctuations so I think it's not appropriate to say that if a person doesn't want a risk, they can just keep their coins.

To those who are saving bitcoin, you must play with the risk. Don't also think that it's a safe one since it will just turn to you a relax one.

Play with your coins in short term and make best use of each and every price fluctuation that you come across, sell it even if you are making small profits from it.
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August 11, 2016, 10:41:17 AM
 #1605

im also keeping all my bitcoins right now, i think it is the best way to make some income with your bitcoins if you dont want to risk losing money at all

Saving bitcoin also has risk since we all know that bitcoin has a regular price fluctuations so I think it's not appropriate to say that if a person doesn't want a risk, they can just keep their coins.

To those who are saving bitcoin, you must play with the risk. Don't also think that it's a safe one since it will just turn to you a relax one.

for me it's easy talking as i bought all my coins below $400, but i do find that just holding your coins is the least risky form of investing. especially if you don't care about pumps and dumps (when it comes to the coins that you have for holding purposes). i keep myself entertained by doing trading. and that's exactly where most of my profits come from.
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August 11, 2016, 11:37:59 AM
 #1606

In one point of your life you are going to sell your bitcoin and exchange to fiat, because not all payment can be make using bitcoin, maybe in the future after all payment can be make using bitcoin, then you dont need to sell your bitcoin again
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August 11, 2016, 12:16:38 PM
 #1607

In one point of your life you are going to sell your bitcoin and exchange to fiat, because not all payment can be make using bitcoin, maybe in the future after all payment can be make using bitcoin, then you dont need to sell your bitcoin again

agree with you, we need fiat for daily cost, for buying some needs, because only few merchands accept bitcoin. if in future we can use bitcoin everywhere like you say, im sure im never thinking to sell my bitcoin.

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August 11, 2016, 01:53:07 PM
 #1608

In one point of your life you are going to sell your bitcoin and exchange to fiat, because not all payment can be make using bitcoin, maybe in the future after all payment can be make using bitcoin, then you dont need to sell your bitcoin again

agree with you, we need fiat for daily cost, for buying some needs, because only few merchands accept bitcoin. if in future we can use bitcoin everywhere like you say, im sure im never thinking to sell my bitcoin.

You should sell it if you are making profits from it, as there is no point only in holding your coins and if you will never sell your coins how will you enjoy your profits.
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August 11, 2016, 02:08:17 PM
 #1609

It is better to keep some of it and invest some.  You should not sell it because what if ten years from now its price goes really really high.  You must regret if for the rest of your life knowing that you have bitcoins before and could have been rich already.  Keep it and wait for the right time to sell it.  You have to monitor also the price of it then you will know when is the right time to sell it.

I have kept most of my bitcoin in the cold wallet. I also have some invested in the HaoBTC to get some interest.
im also keeping all my bitcoins in a cold storage at the moment, i think that it is the best place to hold your bitcoins right now if you dont want to lose it

 
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August 11, 2016, 02:24:43 PM
 #1610

It is better to keep some of it and invest some.  You should not sell it because what if ten years from now its price goes really really high.  You must regret if for the rest of your life knowing that you have bitcoins before and could have been rich already.  Keep it and wait for the right time to sell it.  You have to monitor also the price of it then you will know when is the right time to sell it.

I have kept most of my bitcoin in the cold wallet. I also have some invested in the HaoBTC to get some interest.
im also keeping all my bitcoins in a cold storage at the moment, i think that it is the best place to hold your bitcoins right now if you dont want to lose it
That's correct, that is the safest place to save your bitcoins and take them out only if you are satisfied with price and if you are making good profits from it.
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August 12, 2016, 05:01:30 AM
 #1611

It is better to keep some of it and invest some.  You should not sell it because what if ten years from now its price goes really really high.  You must regret if for the rest of your life knowing that you have bitcoins before and could have been rich already.  Keep it and wait for the right time to sell it.  You have to monitor also the price of it then you will know when is the right time to sell it.

I have kept most of my bitcoin in the cold wallet. I also have some invested in the HaoBTC to get some interest.
im also keeping all my bitcoins in a cold storage at the moment, i think that it is the best place to hold your bitcoins right now if you dont want to lose it
That's correct, that is the safest place to save your bitcoins and take them out only if you are satisfied with price and if you are making good profits from it.
You sell your bitcoins when you see a good price and that is the only way you can make money by holding your bitcoins. It does not matter if you wait for a long time before you will sell your bitcoins as long as you make money when you do that.

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August 12, 2016, 05:19:54 AM
 #1612

I know a guy that bought a bunch of BTC in 2011 when my friend and I were first getting into it and he has never ever sold a single coin.
I have called him every climb and every collapse and he shrugs it off. He mystifies me.
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August 12, 2016, 09:22:37 AM
 #1613

I know a guy that bought a bunch of BTC in 2011 when my friend and I were first getting into it and he has never ever sold a single coin.
I have called him every climb and every collapse and he shrugs it off. He mystifies me.


He definitely trust the potential of bitcoin in the  future since  he doesnt even have plan to spent every single coin out of his coins which is also a good discipline to himself.  He would probably get a good profit  in upcoming years when bitcoin price reach to the moon and  thats worth it for keeping hte coins for so long.

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August 12, 2016, 09:38:01 AM
 #1614

It is better to keep some of it and invest some.  You should not sell it because what if ten years from now its price goes really really high.  You must regret if for the rest of your life knowing that you have bitcoins before and could have been rich already.  Keep it and wait for the right time to sell it.  You have to monitor also the price of it then you will know when is the right time to sell it.

I have kept most of my bitcoin in the cold wallet. I also have some invested in the HaoBTC to get some interest.
im also keeping all my bitcoins in a cold storage at the moment, i think that it is the best place to hold your bitcoins right now if you dont want to lose it
That's correct, that is the safest place to save your bitcoins and take them out only if you are satisfied with price and if you are making good profits from it.
You sell your bitcoins when you see a good price and that is the only way you can make money by holding your bitcoins. It does not matter if you wait for a long time before you will sell your bitcoins as long as you make money when you do that.

People will sell their coins only when they are making profits from it and if price as not reached to your satisfaction level then its better to hold and wait for the right time to sell.
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August 12, 2016, 10:01:37 AM
 #1615

I know a guy that bought a bunch of BTC in 2011 when my friend and I were first getting into it and he has never ever sold a single coin.
I have called him every climb and every collapse and he shrugs it off. He mystifies me.


He definitely trust the potential of bitcoin in the  future since  he doesnt even have plan to spent every single coin out of his coins which is also a good discipline to himself.  He would probably get a good profit  in upcoming years when bitcoin price reach to the moon and  thats worth it for keeping hte coins for so long.

Wow I don't know someone is really doing that, even though I have also good discipline with my saving to bitcoin. I still do spent some of my bitcoins for emergency purposes. And I can't help myself that it is hard to save and you are not going to sell your bitcoins for a long time sometimes there are situations that you must.
Good to know that you really value so much your bitcoins, I mean we should be doing all that way as what we are holding is in great value in the future. IF it is possible to save it then do it and learn the art of disciplining ourselves in order to save more rather than spend.

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August 12, 2016, 11:26:23 AM
 #1616


Yes that is what am I doing because I know that if we are not going to spend our bitcoins or sell for sure we are going to get profit when the price is going to increase. And it is really important when you are into holding the discipline because if you can't help yourself to hold and stop spending actively then you are not going to get profit when the price is going to increase.

How much you hold? Less than 1btc? No sense to hold for long for such a less profit if you only have small quantity of coins in possession. I'd rather circulate my small amount of coins rather than to hold long. It will give my waiting time worth to wait.
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August 12, 2016, 11:32:15 AM
 #1617

The price of bitcoin will and must grow till 2020 if you able to save them now till there you will get a great result, as the halving at 2020 will make price hit 900-1000 dollars atleast, if there is no nothing new over this years.
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August 12, 2016, 11:43:10 AM
 #1618

The price of bitcoin will and must grow till 2020 if you able to save them now till there you will get a great result, as the halving at 2020 will make price hit 900-1000 dollars atleast, if there is no nothing new over this years.

$1,000 should be achieved in 2017, and in 2020 when it was supposed to happen again halving the price could be in the range of $1500-$2,000. maybe we'll get a surprise of bitcoin prices during a trip to 2020, I hope there are a lot of positive news about bitcoin, so prices continue to rise every year.

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August 12, 2016, 11:45:36 AM
 #1619

If the bitcoin price is double than what you bought them at,there is no harm in selling your coins and make some profit.There is highly unlikely that bitcoin price will become stable and you can always buy when price lowers
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August 12, 2016, 11:50:50 AM
 #1620

The price of bitcoin will and must grow till 2020 if you able to save them now till there you will get a great result, as the halving at 2020 will make price hit 900-1000 dollars atleast, if there is no nothing new over this years.

$1,000 should be achieved in 2017, and in 2020 when it was supposed to happen again halving the price could be in the range of $1500-$2,000. maybe we'll get a surprise of bitcoin prices during a trip to 2020, I hope there are a lot of positive news about bitcoin, so prices continue to rise every year.

Yeah that price can be achieved in the end of this year or in beginning of next year as price is moving up slowly at a moment and once new users will join it will contribute in taking price even higher.
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