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Author Topic: Why You Should Never Sell Your Bitcoins Ever  (Read 270078 times)
Mauser
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August 15, 2016, 01:05:06 PM
 #1641

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
You should have a balance use of your bitcoins to enjoy it, we cannot just hold forever because there is no guarantee that the price of bitcoin will continue to increase, though it is promising but still it is very risky to fully trust all your investment.
yeah, let alone the future of bitcoin is uncertain, and there are no guarantees. if we think anything can happen on online investments in the future.
simply put not too much and take some profit on the trade is better than just kept holding I think.

Taking some profits is good, but you have to think about the alternatives. Just saving Fiat is not a good alternative at the moment, stocks are expensive and the interests on a savings account is almost 0%. Better to save some money in bitcoins than selling them now.
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JumperX
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August 15, 2016, 01:18:37 PM
 #1642

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
You should have a balance use of your bitcoins to enjoy it, we cannot just hold forever because there is no guarantee that the price of bitcoin will continue to increase, though it is promising but still it is very risky to fully trust all your investment.
yeah, let alone the future of bitcoin is uncertain, and there are no guarantees. if we think anything can happen on online investments in the future.
simply put not too much and take some profit on the trade is better than just kept holding I think.

Taking some profits is good, but you have to think about the alternatives. Just saving Fiat is not a good alternative at the moment, stocks are expensive and the interests on a savings account is almost 0%. Better to save some money in bitcoins than selling them now.

Saving part of your salary in bitcoins can be the best option to grow your money in future as price is low at a moment so you can buy some coins and sell when price goes higher in future.
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August 15, 2016, 01:29:50 PM
 #1643

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
You should have a balance use of your bitcoins to enjoy it, we cannot just hold forever because there is no guarantee that the price of bitcoin will continue to increase, though it is promising but still it is very risky to fully trust all your investment.
yeah, let alone the future of bitcoin is uncertain, and there are no guarantees. if we think anything can happen on online investments in the future.
simply put not too much and take some profit on the trade is better than just kept holding I think.

Trading is good in compare to holding as only holding will never help you in growing your coins, but with trading its possible to multiply your coins regularly.

I disagree. The price of Bitcoin has rised more than twice since last year so those who are holding their coins have more than 100% profit. Although maybe it's possible for experts to multiply their coins with trading, most people can't do that and they generally lose with trading.

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umaOuma
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August 15, 2016, 01:36:45 PM
 #1644

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
You should have a balance use of your bitcoins to enjoy it, we cannot just hold forever because there is no guarantee that the price of bitcoin will continue to increase, though it is promising but still it is very risky to fully trust all your investment.
yeah, let alone the future of bitcoin is uncertain, and there are no guarantees. if we think anything can happen on online investments in the future.
simply put not too much and take some profit on the trade is better than just kept holding I think.

Trading is good in compare to holding as only holding will never help you in growing your coins, but with trading its possible to multiply your coins regularly.

I disagree. The price of Bitcoin has rised more than twice since last year so those who are holding their coins have more than 100% profit. Although maybe it's possible for experts to multiply their coins with trading, most people can't do that and they generally lose with trading.

Trading is not for all if you don't hold sound knowledge of it better to keep your coins away from it, as you may loose your coins in trading, if you are a safe player, holding is the best way for you to generate profits.
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August 15, 2016, 01:43:42 PM
 #1645

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
Thats right, holding of bitcoins is good even for long term because there is a chance that the value can increase again in the future but i think spending in trading is a wise idea too because you can earn from it as well while holding some of your bitcoins.

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August 15, 2016, 02:59:37 PM
 #1646

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
Thats right, holding of bitcoins is good even for long term because there is a chance that the value can increase again in the future but i think spending in trading is a wise idea too because you can earn from it as well while holding some of your bitcoins.
Bitcoin has a great value for invest as well for savings, but bitcoin need to keep the coins circulating to keep it valuable and in the next years bitcoin will show off again.  Sometimes we must invest to collect ahead the profits, otherwise the coins will be frozen and without any result besides the volatility around bitcoin.
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August 15, 2016, 03:09:03 PM
 #1647

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
Thats right, holding of bitcoins is good even for long term because there is a chance that the value can increase again in the future but i think spending in trading is a wise idea too because you can earn from it as well while holding some of your bitcoins.

To see bitcoin as a more stronger currency in future I think we should continuously spend our coins as the circulation of coins is really important to take price to a higher level in future.


 
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dinda22
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August 16, 2016, 07:25:13 AM
 #1648

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
You should have a balance use of your bitcoins to enjoy it, we cannot just hold forever because there is no guarantee that the price of bitcoin will continue to increase, though it is promising but still it is very risky to fully trust all your investment.
yeah, let alone the future of bitcoin is uncertain, and there are no guarantees. if we think anything can happen on online investments in the future.
simply put not too much and take some profit on the trade is better than just kept holding I think.

Trading is good in compare to holding as only holding will never help you in growing your coins, but with trading its possible to multiply your coins regularly.

I disagree. The price of Bitcoin has rised more than twice since last year so those who are holding their coins have more than 100% profit. Although maybe it's possible for experts to multiply their coins with trading, most people can't do that and they generally lose with trading.

I agree that trade is better than just hold. if they get a 100% profit in a long time? if you do not know the trade can get 100% in a short time? can even get more than 500%, while those who hold only get 100%. this is about skill, they were smart to grow money will get more than those who simply hold and wait for prices to rise high.
goldcoinminer
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August 16, 2016, 08:23:06 AM
 #1649

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
You should have a balance use of your bitcoins to enjoy it, we cannot just hold forever because there is no guarantee that the price of bitcoin will continue to increase, though it is promising but still it is very risky to fully trust all your investment.
yeah, let alone the future of bitcoin is uncertain, and there are no guarantees. if we think anything can happen on online investments in the future.
simply put not too much and take some profit on the trade is better than just kept holding I think.

Trading is good in compare to holding as only holding will never help you in growing your coins, but with trading its possible to multiply your coins regularly.

I disagree. The price of Bitcoin has rised more than twice since last year so those who are holding their coins have more than 100% profit. Although maybe it's possible for experts to multiply their coins with trading, most people can't do that and they generally lose with trading.

I agree that trade is better than just hold. if they get a 100% profit in a long time? if you do not know the trade can get 100% in a short time? can even get more than 500%, while those who hold only get 100%. this is about skill, they were smart to grow money will get more than those who simply hold and wait for prices to rise high.
Trading is actually good because you can guarantee that the price of bitcoin will accordingly rise, and even if you have bought a cheap price and the price is still going down which would prohibit you in selling your coins because you will be at lose, still you can still wait for the price to rise to make profit.
Schuyler
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August 19, 2016, 02:43:53 AM
 #1650

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
Thats right, holding of bitcoins is good even for long term because there is a chance that the value can increase again in the future but i think spending in trading is a wise idea too because you can earn from it as well while holding some of your bitcoins.
Bitcoin has a great value for invest as well for savings, but bitcoin need to keep the coins circulating to keep it valuable and in the next years bitcoin will show off again.  Sometimes we must invest to collect ahead the profits, otherwise the coins will be frozen and without any result besides the volatility around bitcoin.
Better to just divide your bitcoins and allocate some for spending, some for saving, some for trading. Circulation is a good thing but there are still a lot of factors that hinder the average user from using it on a daily basis. If a few years from now bitcoin transactions become faster, I am sure it will attract more users and establishments, which I hope leads to mass adoption.
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August 19, 2016, 02:51:07 AM
 #1651

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
Thats right, holding of bitcoins is good even for long term because there is a chance that the value can increase again in the future but i think spending in trading is a wise idea too because you can earn from it as well while holding some of your bitcoins.
Bitcoin has a great value for invest as well for savings, but bitcoin need to keep the coins circulating to keep it valuable and in the next years bitcoin will show off again.  Sometimes we must invest to collect ahead the profits, otherwise the coins will be frozen and without any result besides the volatility around bitcoin.
Better to just divide your bitcoins and allocate some for spending, some for saving, some for trading. Circulation is a good thing but there are still a lot of factors that hinder the average user from using it on a daily basis. If a few years from now bitcoin transactions become faster, I am sure it will attract more users and establishments, which I hope leads to mass adoption.

Well if you are not going to allocate your bitcoin and you are going to hold forever then you are not going to earn if you are just going to keep on holding. And if you are not going to sell you are not going to help the adoption of bitcoin and you are not going to contribute anything to the ecosystem of bitcoin.

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uname
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August 19, 2016, 03:19:55 AM
 #1652

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
I think it depends on your condition at that time and depending on the price at that time. if you really need the money and the current price is quite large. why do not you sell it?

Vhern
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August 19, 2016, 03:31:48 AM
 #1653

A circulation of BTC will get affected by holding a large coin for example 10BTC

It will increase the BTC value if some of bitcoin users are only holding their coins and waiting for dump in fiat currency. it will increase fast but it will also decrease the value faster, nevertherless I like holding coins it feels like a hundreds of a millions in my own currency though.
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August 19, 2016, 03:34:36 AM
 #1654

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
I think it depends on your condition at that time and depending on the price at that time. if you really need the money and the current price is quite large. why do not you sell it?
To date, the price has not yet reached its peak, so it is not wise to sell their bitcoin. Perhaps the end of the year, all will be clear from the value of the currency level.
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August 19, 2016, 03:50:53 AM
 #1655

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
Thats right, holding of bitcoins is good even for long term because there is a chance that the value can increase again in the future but i think spending in trading is a wise idea too because you can earn from it as well while holding some of your bitcoins.
Bitcoin has a great value for invest as well for savings, but bitcoin need to keep the coins circulating to keep it valuable and in the next years bitcoin will show off again.  Sometimes we must invest to collect ahead the profits, otherwise the coins will be frozen and without any result besides the volatility around bitcoin.
Better to just divide your bitcoins and allocate some for spending, some for saving, some for trading. Circulation is a good thing but there are still a lot of factors that hinder the average user from using it on a daily basis. If a few years from now bitcoin transactions become faster, I am sure it will attract more users and establishments, which I hope leads to mass adoption.

Well if you are not going to allocate your bitcoin and you are going to hold forever then you are not going to earn if you are just going to keep on holding. And if you are not going to sell you are not going to help the adoption of bitcoin and you are not going to contribute anything to the ecosystem of bitcoin.

Agree ,  everyone must not hold their bitcoin for so long they must let it circulate  in the way that they sell their bitcoins or make some investment so that  the movement of bitcoin would be progressive and wouldnt be stagnant for soo long. as i believe there are lots of  users holding much bitcoin as of now.

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August 19, 2016, 05:30:00 AM
 #1656

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
I think it depends on your condition at that time and depending on the price at that time. if you really need the money and the current price is quite large. why do not you sell it?
To date, the price has not yet reached its peak, so it is not wise to sell their bitcoin. Perhaps the end of the year, all will be clear from the value of the currency level.

Well wise people are going to keep on holding until the price is going to satisfy them so that's why it is better if you are going to keep on holding that the price is going to give you satisfaction. So that if the price suddenly increases and you still hold the bitcoin for sure you are going to get some good profit out of it.

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August 19, 2016, 05:30:15 AM
 #1657

I will not sell bitcoin yet but instead i will try to buy more Bitcoin, The current bitcoin price today is good for me to buy Bitcoin and hold it for long term until i feel i have made lots of profit with it then that's is the time to sell Bitcoin. Holding Bitcoin in long term will surely give me profits atleast that's what i am believing until now.
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August 19, 2016, 05:54:05 AM
 #1658

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
I think it depends on your condition at that time and depending on the price at that time. if you really need the money and the current price is quite large. why do not you sell it?
To date, the price has not yet reached its peak, so it is not wise to sell their bitcoin. Perhaps the end of the year, all will be clear from the value of the currency level.
I think do not need to wait too long until the end of the year. I'm sure in the near future or the past few weeks the price of bitcoin will pump. maybe the price will be more than $ 750
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August 19, 2016, 09:17:56 AM
 #1659

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.
I think it depends on your condition at that time and depending on the price at that time. if you really need the money and the current price is quite large. why do not you sell it?
To date, the price has not yet reached its peak, so it is not wise to sell their bitcoin. Perhaps the end of the year, all will be clear from the value of the currency level.
I think do not need to wait too long until the end of the year. I'm sure in the near future or the past few weeks the price of bitcoin will pump. maybe the price will be more than $ 750
It will happen mate but I cannot guarantee the exact date of its happening. We should just sit back and hold steady and do not let yourself affected with the recent price fall back as bitcoin can still recover and will start to rise.

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August 19, 2016, 09:55:07 AM
 #1660

I will not sell bitcoin yet but instead i will try to buy more Bitcoin, The current bitcoin price today is good for me to buy Bitcoin and hold it for long term until i feel i have made lots of profit with it then that's is the time to sell Bitcoin. Holding Bitcoin in long term will surely give me profits atleast that's what i am believing until now.

Everyone have their own methods to hold bitcoins, But i want to suggest you, bitcoins mean crypto currency, and crypto means, by chance price up and suddenly price down, so if you are holding bitcoins than use it in his own way, i mean hold it and look when its price rise up than sell it and also look when bitcoin's price down than buy it. So in short don't need to hold bitcoins for long term.









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