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Author Topic: Why You Should Never Sell Your Bitcoins Ever  (Read 270078 times)
mirakal
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August 21, 2016, 11:05:00 AM
 #1681

i think everyone has equal and freedom to decide for their self and what they should do with their money.so if i think that i can get profit by converting my bitcoins into faint then that will satisfy me and i don't want to risk it just for a little profit
Well, that's good for you because you will never take the risk as your bitcoin will be automatically converted to fiat, but for me I would say I will invest some of my bitcoins because I have a good dream about the future that bitcoins will rise and will be widely use online globally.

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August 21, 2016, 11:54:09 AM
 #1682

I'm not going to sell mine again. I did it for so many times and now I totally regret it. Now I am aiming to keep earning until I reach one Bitcoin. It's going to take long, but it's totally worth it in my opinion.

if you believe in the future of bitcoin prices will rise very high, do not ever sell your coins and keep to earn productively for several years. after the right time comes to sell bitcoin at a very high price.

Selling right now cannot be profitable as price is not too high at a moment, but selling never also sounds weird as we all are here to earn profits, so we should sell our coins when the right time comes.

profitable or not, depending on when you buy at a low price. I buy bitcoin under $500 when it's hoped halving could bring price increases high. so now if I sell is still profitable. but the right time to sell at least when the price is above $1000 for me.

Yeah its better to hold them for some more time as many us are predicting that it will touch that price at the end of the year or in the beginning of next year, so selling at that price can be even more profitable.
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August 21, 2016, 06:20:52 PM
 #1683

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?
well as for me personally bitcoin is the only investment so i would do everything that i wouldnt have to spend it all any time in the near future

If you will never spend in future then what is the purpose of investing your money in it, as one day you will die and your coins will remain idle in your wallet with no use.
well people might want to sell it so i guess it is still a pretty decent investment opportunity no matter what are you planning to do

 
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August 21, 2016, 08:35:58 PM
 #1684

I'm not going to sell mine again. I did it for so many times and now I totally regret it. Now I am aiming to keep earning until I reach one Bitcoin. It's going to take long, but it's totally worth it in my opinion.

if you believe in the future of bitcoin prices will rise very high, do not ever sell your coins and keep to earn productively for several years. after the right time comes to sell bitcoin at a very high price.
i think most of the people are dong so, as it is expecting that the price of bitcoin will increase again, and people are also hopping that this time the price is going to cross the all time high level, so most of the people are holding their bitcoin and they are not going to sell it for any reason.
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August 21, 2016, 08:48:50 PM
 #1685

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?
well as for me personally bitcoin is the only investment so i would do everything that i wouldnt have to spend it all any time in the near future

If you will never spend in future then what is the purpose of investing your money in it, as one day you will die and your coins will remain idle in your wallet with no use.

If we have bitcoin and we need to spend them then we should have to spend them on our expenditure, there is no any problem with it, and if someone do not need to spend them then he/she can save them for their coming generation, as with that their coming generation will spend a respectful life.

The actual problem is from selling it, as if we sell our coins then we know that fiat has not that much potential to make us profit as bitcoin has, so if we want to earn profit with bitcoin then we should have to save in bitcoin and have to spend in bitcoin to increase its value.
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August 21, 2016, 10:07:55 PM
 #1686

yes i will never sell my bitcoin because bitcoin is very useful and safe and i hold my some bitcoin for grow when bitcoin rise up its price to double then i will sell it or use it.
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August 21, 2016, 10:09:53 PM
 #1687

Quote
Point being, selling bitcoin for dollars seems counterproductive. Why convert your paper fiat currency into sound value storing superior bitcoin, only to sell all of your superior bitcoin back for worthless antiquated fiat currency again? Why not just spend the bitcoin itself to buy what you want instead of taking a loss by converting back into dollars which will inflate away eventually anyway?

I'm sorry, but I don't agree with you. it's easy for you to say that because probably, in your country, you have shops accepting bitcoin sell foods, drink, clothes, house properties, etc. but I don't have those all in my country.

so if I never convert my bitcoins to fiat, then how could I live my life without buying foods, drink, clothes, etc that can only be bought by fiat money?

in conclusion, I don't sell all of my superior bitcoin back for worthless antiquated fiat currency, but I'm trying to keep alive by selling it.

if I have many bitcoins, maybe I can save some of them as you suggest.
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August 22, 2016, 01:38:47 AM
 #1688

yes i will never sell my bitcoin because bitcoin is very useful and safe and i hold my some bitcoin for grow when bitcoin rise up its price to double then i will sell it or use it.

Well as a matter of fact I am not selling my bitcoins now because I am hoping for the best price increase of bitcoin that is going to happen in the future. But sometimes I need to use it for paying something that I am going to use like prepaid load. And I can't help myself because it is very convenient but of course I am not using too much.

actually depends on the condition of our economy. if I have a lot of money, I would never sell my bitcoin if the price under $1,000. but because of the need, so I had to sell my bitcoin every week or month.

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August 22, 2016, 03:45:13 AM
 #1689

Lol so the op want to keep our btc and not spend it. Whats the point of having bitcoin? Just wait for the price to rise and then sell it. Keeping bitcoin is a good investment but the fluctuation doesnt favor to us. So some just panic sell it to avoid losing.
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August 22, 2016, 03:46:39 AM
 #1690

Lol so the op want to keep our btc and not spend it. Whats the point of having bitcoin? Just wait for the price to rise and then sell it. Keeping bitcoin is a good investment but the fluctuation doesnt favor to us. So some just panic sell it to avoid losing.
OP might become rich because of holding his bitcoins and not planning to sell it but he cannot enjoy his money unless he will start to sell his bitcoins. It is good to hold but selling is also important.

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August 22, 2016, 04:16:36 AM
 #1691

Lol so the op want to keep our btc and not spend it. Whats the point of having bitcoin? Just wait for the price to rise and then sell it. Keeping bitcoin is a good investment but the fluctuation doesnt favor to us. So some just panic sell it to avoid losing.
OP might become rich because of holding his bitcoins and not planning to sell it but he cannot enjoy his money unless he will start to sell his bitcoins. It is good to hold but selling is also important.
Yes and we're not really sure if it will go to $10000 like he mentioned.  Well there dicision we do not care about it but of the decrease you will also the one who will regret why you don't sell when there is a chance.
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August 22, 2016, 04:30:08 AM
 #1692

Lol so the op want to keep our btc and not spend it. Whats the point of having bitcoin? Just wait for the price to rise and then sell it. Keeping bitcoin is a good investment but the fluctuation doesnt favor to us. So some just panic sell it to avoid losing.
OP might become rich because of holding his bitcoins and not planning to sell it but he cannot enjoy his money unless he will start to sell his bitcoins. It is good to hold but selling is also important.
Yes and we're not really sure if it will go to $10000 like he mentioned.  Well there dicision we do not care about it but of the decrease you will also the one who will regret why you don't sell when there is a chance.
There's occasionally never a better time to sell than the one you see infront of you, and for some people that simply isn't enough and they hold to try and get a better value on their investment. Most of the time this never really ends up working out, because it goes down at some point. Some days it is just better to accept whatever offer you're being given and take it.
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August 22, 2016, 05:14:30 AM
 #1693

Lol so the op want to keep our btc and not spend it. Whats the point of having bitcoin? Just wait for the price to rise and then sell it. Keeping bitcoin is a good investment but the fluctuation doesnt favor to us. So some just panic sell it to avoid losing.
OP might become rich because of holding his bitcoins and not planning to sell it but he cannot enjoy his money unless he will start to sell his bitcoins. It is good to hold but selling is also important.
Yes and we're not really sure if it will go to $10000 like he mentioned.  Well there dicision we do not care about it but of the decrease you will also the one who will regret why you don't sell when there is a chance.
There's occasionally never a better time to sell than the one you see infront of you, and for some people that simply isn't enough and they hold to try and get a better value on their investment. Most of the time this never really ends up working out, because it goes down at some point. Some days it is just better to accept whatever offer you're being given and take it.
Not a good time with the current price now because it is very cheap if you sell, holding is the best option for now as you can make great advantage of the price in the future as the demand will eventually increase due to the increasing number of adopters.

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August 22, 2016, 05:24:58 AM
 #1694

Lol so the op want to keep our btc and not spend it. Whats the point of having bitcoin? Just wait for the price to rise and then sell it. Keeping bitcoin is a good investment but the fluctuation doesnt favor to us. So some just panic sell it to avoid losing.
OP might become rich because of holding his bitcoins and not planning to sell it but he cannot enjoy his money unless he will start to sell his bitcoins. It is good to hold but selling is also important.
Yes and we're not really sure if it will go to $10000 like he mentioned.  Well there dicision we do not care about it but of the decrease you will also the one who will regret why you don't sell when there is a chance.
There's occasionally never a better time to sell than the one you see infront of you, and for some people that simply isn't enough and they hold to try and get a better value on their investment. Most of the time this never really ends up working out, because it goes down at some point. Some days it is just better to accept whatever offer you're being given and take it.
We should not be greedy and we should have a specific plan in investment, a specific amount is required that once you reach that amount you will directly sell for profit as we do no really know if bitcoin will continue to progress.
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August 22, 2016, 05:54:26 AM
 #1695

We felt the sudden goes down on bitcoin price yet I am not selling bitcoins.  It is also a great start to buy more for investment as the price of it was low.  We hope and I really feel positive that its price would go up again as bitcoin stabilizes itself as the leading digital currency as of today.  There is no way to sell bitcoins as we might regret it in the near future when bitcoin price strengthens again on the market.
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August 22, 2016, 06:04:55 AM
 #1696

We felt the sudden goes down on bitcoin price yet I am not selling bitcoins.  It is also a great start to buy more for investment as the price of it was low.  We hope and I really feel positive that its price would go up again as bitcoin stabilizes itself as the leading digital currency as of today.  There is no way to sell bitcoins as we might regret it in the near future when bitcoin price strengthens again on the market.

Well even the price of bitcoin did fall for a short time that is not going to affect the future fluctuation of bitcoins price. We just need to wait for the right time that the price of it is going to increase. You just need to be patient on everyday that is going to come because it is going to be profitable in the future if you know how to have good timing.

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dunfida
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August 22, 2016, 06:34:38 AM
 #1697

We felt the sudden goes down on bitcoin price yet I am not selling bitcoins.  It is also a great start to buy more for investment as the price of it was low.  We hope and I really feel positive that its price would go up again as bitcoin stabilizes itself as the leading digital currency as of today.  There is no way to sell bitcoins as we might regret it in the near future when bitcoin price strengthens again on the market.

Well even the price of bitcoin did fall for a short time that is not going to affect the future fluctuation of bitcoins price. We just need to wait for the right time that the price of it is going to increase. You just need to be patient on everyday that is going to come because it is going to be profitable in the future if you know how to have good timing.

As we all know patience is a virtue and it does pay  Grin.  Many bitcoin holders and  investors have high hopes in bitcoin believing that they would make good  profits out of it in the future. As we saw the  bitcoins price movement it goes down suddenly  because of some circumstances but it gradually goes up. It  would not affect the   trend in the future.

madwica
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August 22, 2016, 07:52:42 AM
 #1698

We felt the sudden goes down on bitcoin price yet I am not selling bitcoins.  It is also a great start to buy more for investment as the price of it was low.  We hope and I really feel positive that its price would go up again as bitcoin stabilizes itself as the leading digital currency as of today.  There is no way to sell bitcoins as we might regret it in the near future when bitcoin price strengthens again on the market.

Well even the price of bitcoin did fall for a short time that is not going to affect the future fluctuation of bitcoins price. We just need to wait for the right time that the price of it is going to increase. You just need to be patient on everyday that is going to come because it is going to be profitable in the future if you know how to have good timing.

As we all know patience is a virtue and it does pay  Grin.  Many bitcoin holders and  investors have high hopes in bitcoin believing that they would make good  profits out of it in the future. As we saw the  bitcoins price movement it goes down suddenly  because of some circumstances but it gradually goes up. It  would not affect the   trend in the future.
If you invest way back in 2009 i think your are already a millionaire right now but because we do not have trust before in bitcoin we are not take a risk to invest that is why we need to give more trust and believed that the price of bitcoin will double like what happen to days since way back 2009.
gerXhonza
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August 22, 2016, 12:06:26 PM
 #1699

We felt the sudden goes down on bitcoin price yet I am not selling bitcoins.  It is also a great start to buy more for investment as the price of it was low.  We hope and I really feel positive that its price would go up again as bitcoin stabilizes itself as the leading digital currency as of today.  There is no way to sell bitcoins as we might regret it in the near future when bitcoin price strengthens again on the market.

Well even the price of bitcoin did fall for a short time that is not going to affect the future fluctuation of bitcoins price. We just need to wait for the right time that the price of it is going to increase. You just need to be patient on everyday that is going to come because it is going to be profitable in the future if you know how to have good timing.

As we all know patience is a virtue and it does pay  Grin.  Many bitcoin holders and  investors have high hopes in bitcoin believing that they would make good  profits out of it in the future. As we saw the  bitcoins price movement it goes down suddenly  because of some circumstances but it gradually goes up. It  would not affect the   trend in the future.
If you invest way back in 2009 i think your are already a millionaire right now but because we do not have trust before in bitcoin we are not take a risk to invest that is why we need to give more trust and believed that the price of bitcoin will double like what happen to days since way back 2009.

Time that has gone will never come back, so its better not to regret about the past best way is to concentrate on present and think of the future.
blackmachinegun
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August 22, 2016, 12:35:35 PM
 #1700

Lol so the op want to keep our btc and not spend it. Whats the point of having bitcoin? Just wait for the price to rise and then sell it. Keeping bitcoin is a good investment but the fluctuation doesnt favor to us. So some just panic sell it to avoid losing.
I think everyone has their respective destinations in buying and using bitcoin. maybe you're using bitcoin to grow but there are also people who buy and then hold it alone in your wallet and then sell when the price is high I thought it would be safer and you can profit from it
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