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Author Topic: Why You Should Never Sell Your Bitcoins Ever  (Read 270078 times)
airezx20
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August 28, 2016, 02:42:32 PM
 #1741

Well honestly i do not believe that we should never sell our bitcoins ever,yes we know that bitcoin has great potential and it will only rise in future but still it will be a risk to do nothing with our bitcoins and just hold then and if bitcoin do not be a success in future then all of them would be wasted and then we will think its better that we would have used them at that time.
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August 28, 2016, 03:02:43 PM
 #1742

Well honestly i do not believe that we should never sell our bitcoins ever,yes we know that bitcoin has great potential and it will only rise in future but still it will be a risk to do nothing with our bitcoins and just hold then and if bitcoin do not be a success in future then all of them would be wasted and then we will think its better that we would have used them at that time.

Yes we don't know what will be the price of bitcoin in future either it can be higher or lower, if it goes higher then its well and good but what if it falls extremely, so its better to sell coins when its allowing to make profits.
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August 28, 2016, 03:12:59 PM
 #1743

Well honestly i do not believe that we should never sell our bitcoins ever,yes we know that bitcoin has great potential and it will only rise in future but still it will be a risk to do nothing with our bitcoins and just hold then and if bitcoin do not be a success in future then all of them would be wasted and then we will think its better that we would have used them at that time.

Yes we don't know what will be the price of bitcoin in future either it can be higher or lower, if it goes higher then its well and good but what if it falls extremely, so its better to sell coins when its allowing to make profits.
this is what make people hurry to take a wrong decision ,
they think bitcoin will dissapeared in the end ,
so once th price of bitcoin reached the highest price , they will just to sell and exchange it for temporary profit ,
i myself too admit it frequently have done this , really hard to understand why we should hold bitcoin forever.
virtualkeybuyer
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August 28, 2016, 03:20:25 PM
 #1744

I think this way too, cause price is alwways slowly increasing , so better to make your money work on you, and use this money only in bat situations.
I think you mean bad situation.
this is indeed. your savings, no matter they are in bitcoin or any other currency will surely help you in your bad situation and time.
and saving in bitcoin have another benefit it is the additional profit if bitcoins price increase in future, which is highly possible.

Yeah saving money in a bitcoin is the best thing to do as it will allow you to grow your savings in future as everyone is expecting to see higher price of bitcoin in coming years.

It is better to keep our money in bitcoin for longer or forever as the price is increasing and if we need them to buy ant good then we can easily buy any thing with bitcoin on online shops.
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August 28, 2016, 03:26:56 PM
 #1745

Am trying to keep more than 90% of my money in BTC and yeah I agree with OP, selling Bitcoins is not the easiest thing to do since you already "know" that the only way is up the hill and it will be possible (one day) to use onlyBTC for all our needs but rents and the rest FUD has to be paid in fiat yet.. Sad

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August 28, 2016, 04:01:39 PM
 #1746

Well honestly i do not believe that we should never sell our bitcoins ever,yes we know that bitcoin has great potential and it will only rise in future but still it will be a risk to do nothing with our bitcoins and just hold then and if bitcoin do not be a success in future then all of them would be wasted and then we will think its better that we would have used them at that time.

Yes we don't know what will be the price of bitcoin in future either it can be higher or lower, if it goes higher then its well and good but what if it falls extremely, so its better to sell coins when its allowing to make profits.

whether the price goes up a lot or down a lot, there is always money to be made. my main target is to accumulate as many coins as possible for the long term. that's why i use every significant drop in my advantage to buy at. so yes, in case of profits, and the possibility of buying back your coins at lower prices, sell.
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August 28, 2016, 04:12:53 PM
 #1747

Well honestly i do not believe that we should never sell our bitcoins ever,yes we know that bitcoin has great potential and it will only rise in future but still it will be a risk to do nothing with our bitcoins and just hold then and if bitcoin do not be a success in future then all of them would be wasted and then we will think its better that we would have used them at that time.

Yes we don't know what will be the price of bitcoin in future either it can be higher or lower, if it goes higher then its well and good but what if it falls extremely, so its better to sell coins when its allowing to make profits.

whether the price goes up a lot or down a lot, there is always money to be made. my main target is to accumulate as many coins as possible for the long term. that's why i use every significant drop in my advantage to buy at. so yes, in case of profits, and the possibility of buying back your coins at lower prices, sell.

collect bitcoin as many as possible of the results grow it better, rather than continue to buy bitcoin for the long term.
bitcoin prices require a very long time to rise higher in the future and you have plenty of time to collect without having to buy, it is better in my opinion.
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August 28, 2016, 04:14:42 PM
 #1748

Well honestly i do not believe that we should never sell our bitcoins ever,yes we know that bitcoin has great potential and it will only rise in future but still it will be a risk to do nothing with our bitcoins and just hold then and if bitcoin do not be a success in future then all of them would be wasted and then we will think its better that we would have used them at that time.

Yes we don't know what will be the price of bitcoin in future either it can be higher or lower, if it goes higher then its well and good but what if it falls extremely, so its better to sell coins when its allowing to make profits.

whether the price goes up a lot or down a lot, there is always money to be made. my main target is to accumulate as many coins as possible for the long term. that's why i use every significant drop in my advantage to buy at. so yes, in case of profits, and the possibility of buying back your coins at lower prices, sell.

And if you want to accumulate more coins then you should give a try to trading as that is the place from where you can expect higher number of coins in long run.
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August 29, 2016, 09:04:40 AM
 #1749

I think this way too, cause price is alwways slowly increasing , so better to make your money work on you, and use this money only in bat situations.
I think you mean bad situation.
this is indeed. your savings, no matter they are in bitcoin or any other currency will surely help you in your bad situation and time.
and saving in bitcoin have another benefit it is the additional profit if bitcoins price increase in future, which is highly possible.

Yeah saving money in a bitcoin is the best thing to do as it will allow you to grow your savings in future as everyone is expecting to see higher price of bitcoin in coming years.

It is better to keep our money in bitcoin for longer or forever as the price is increasing and if we need them to buy ant good then we can easily buy any thing with bitcoin on online shops.
you are right that we can keep our money in bitcoin for longtime because bitcoin is very safest than other and bitcoin is very good for online shopping its transaction is very fastest and bitcoin is growing its price daily very fast than other currency.
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August 29, 2016, 11:01:23 AM
 #1750

I think this way too, cause price is alwways slowly increasing , so better to make your money work on you, and use this money only in bat situations.
I think you mean bad situation.
this is indeed. your savings, no matter they are in bitcoin or any other currency will surely help you in your bad situation and time.
and saving in bitcoin have another benefit it is the additional profit if bitcoins price increase in future, which is highly possible.

Yeah saving money in a bitcoin is the best thing to do as it will allow you to grow your savings in future as everyone is expecting to see higher price of bitcoin in coming years.

It is better to keep our money in bitcoin for longer or forever as the price is increasing and if we need them to buy ant good then we can easily buy any thing with bitcoin on online shops.
you are right that we can keep our money in bitcoin for longtime because bitcoin is very safest than other and bitcoin is very good for online shopping its transaction is very fastest and bitcoin is growing its price daily very fast than other currency.
As long as you do all the necessary things to strengthen the security of your account you are good to go in saving your money in your wallet, but let me suggest, you should not only store your money in one wallet just to minimize the risk. The price of bitcoin will rise in the future and that is already given and our job now is to protect our investment from thieves.

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August 29, 2016, 04:11:18 PM
 #1751

Well honestly i do not believe that we should never sell our bitcoins ever,yes we know that bitcoin has great potential and it will only rise in future but still it will be a risk to do nothing with our bitcoins and just hold then and if bitcoin do not be a success in future then all of them would be wasted and then we will think its better that we would have used them at that time.

Yes we don't know what will be the price of bitcoin in future either it can be higher or lower, if it goes higher then its well and good but what if it falls extremely, so its better to sell coins when its allowing to make profits.

whether the price goes up a lot or down a lot, there is always money to be made. my main target is to accumulate as many coins as possible for the long term. that's why i use every significant drop in my advantage to buy at. so yes, in case of profits, and the possibility of buying back your coins at lower prices, sell.

And if you want to accumulate more coins then you should give a try to trading as that is the place from where you can expect higher number of coins in long run.
yeah if you actually have a lot of experience then it is really good to do some trading because you can make some decent profit with that
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August 30, 2016, 03:50:09 AM
 #1752

Bitcoin now is in a longterm where we can use it on our daily, bitcoin has a feature by the next come and past hoping that bitcoin will be accepting in some country where bitcoin is banned by some goverment because bitcoin for me is legal where we can use it to buy random things on internet or we can use it to pay our bills
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August 30, 2016, 06:11:46 AM
 #1753

Well honestly i do not believe that we should never sell our bitcoins ever,yes we know that bitcoin has great potential and it will only rise in future but still it will be a risk to do nothing with our bitcoins and just hold then and if bitcoin do not be a success in future then all of them would be wasted and then we will think its better that we would have used them at that time.

Yes we don't know what will be the price of bitcoin in future either it can be higher or lower, if it goes higher then its well and good but what if it falls extremely, so its better to sell coins when its allowing to make profits.

whether the price goes up a lot or down a lot, there is always money to be made. my main target is to accumulate as many coins as possible for the long term. that's why i use every significant drop in my advantage to buy at. so yes, in case of profits, and the possibility of buying back your coins at lower prices, sell.

And if you want to accumulate more coins then you should give a try to trading as that is the place from where you can expect higher number of coins in long run.
yeah if you actually have a lot of experience then it is really good to do some trading because you can make some decent profit with that
You will lose your money first before you will become a experience trader, no one starts trading and suddenly became successful, we learn from our mistakes and experience is the best teacher, so if we want to earn in trading we need to start with a little amount first.
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August 31, 2016, 01:39:02 AM
 #1754

Bitcoin now is in a longterm where we can use it on our daily, bitcoin has a feature by the next come and past hoping that bitcoin will be accepting in some country where bitcoin is banned by some goverment because bitcoin for me is legal where we can use it to buy random things on internet or we can use it to pay our bills

Would you tell me if what are the countries that has been banned by their government? That is going to be bad for those people there that are into bitcoins. But well that is going to be a nice way also to not sell their bitcoins and instead they are just going to keep on holding it so that they are going to earn some profit if they are going to be patient at all.

I don't think they can stop people from using bitcoin. even if they bann bitcoin in thier county there will be users that will always find a way.
I think Russia banned bitcoin sopmetime and yet look at what the users have done, there are even several Russians that developed cryptocurrencies, WAVES platform is known to be owned by Sasha, a russian dev.

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August 31, 2016, 01:40:30 AM
 #1755

If it's hit 10 000$ in a scenario where there is a hyperinflation, then there would be no point of selling it. But if there is some big bitcoin news and everybody just jumps into bitcoin then it would be smart to sell at some point, wait for the bubble to burst and then buy again.
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August 31, 2016, 09:11:10 AM
 #1756

Bitcoin now is in a longterm where we can use it on our daily, bitcoin has a feature by the next come and past hoping that bitcoin will be accepting in some country where bitcoin is banned by some goverment because bitcoin for me is legal where we can use it to buy random things on internet or we can use it to pay our bills

Would you tell me if what are the countries that has been banned by their government? That is going to be bad for those people there that are into bitcoins. But well that is going to be a nice way also to not sell their bitcoins and instead they are just going to keep on holding it so that they are going to earn some profit if they are going to be patient at all.

I don't think they can stop people from using bitcoin. even if they bann bitcoin in thier county there will be users that will always find a way.
I think Russia banned bitcoin sopmetime and yet look at what the users have done, there are even several Russians that developed cryptocurrencies, WAVES platform is known to be owned by Sasha, a russian dev.

Yeah and I think that Russians are very active users of bitcoin and they have maximum number of users, and its goes same with all of us, if it gets banned we will find a way out of it.
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August 31, 2016, 09:15:55 AM
 #1757

~

And if you want to accumulate more coins then you should give a try to trading as that is the place from where you can expect higher number of coins in long run.

I don't think so. Trading is as risky as gambling or even more. I'm not saying "should know what you are doing" because there is no way you can know. Everything is unpredictable and thinking that you are an expert you might lose a lot.

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August 31, 2016, 09:34:18 AM
 #1758

~

And if you want to accumulate more coins then you should give a try to trading as that is the place from where you can expect higher number of coins in long run.

I don't think so. Trading is as risky as gambling or even more. I'm not saying "should know what you are doing" because there is no way you can know. Everything is unpredictable and thinking that you are an expert you might lose a lot.

When it comes to making profits, everything is risky, but that doesn't mean we will never take a risk of investing money, I will prefer to take risk to earn quick profits.
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August 31, 2016, 11:10:31 AM
 #1759

~

And if you want to accumulate more coins then you should give a try to trading as that is the place from where you can expect higher number of coins in long run.

I don't think so. Trading is as risky as gambling or even more. I'm not saying "should know what you are doing" because there is no way you can know. Everything is unpredictable and thinking that you are an expert you might lose a lot.

When it comes to making profits, everything is risky, but that doesn't mean we will never take a risk of investing money, I will prefer to take risk to earn quick profits.
Investments may bring great results as big loss, trading is the same i had lost 0,12btc into a single altcoin, that is recovering these days, but i had sold and lost already. Soo the key at altcoins is patiente invest and wait the results will come. Who dont wanna get more coins while it keeps getting more and more value?
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August 31, 2016, 12:30:03 PM
 #1760

Bitcoin now is in a longterm where we can use it on our daily, bitcoin has a feature by the next come and past hoping that bitcoin will be accepting in some country where bitcoin is banned by some goverment because bitcoin for me is legal where we can use it to buy random things on internet or we can use it to pay our bills

Would you tell me if what are the countries that has been banned by their government? That is going to be bad for those people there that are into bitcoins. But well that is going to be a nice way also to not sell their bitcoins and instead they are just going to keep on holding it so that they are going to earn some profit if they are going to be patient at all.
Yeah mate theres a countries that bitcoin has been banned because their goverment don't want them to use another currency and thats bad for those people who are willingly to use bitcoin ,because they can use it but for me they can secretly use it because their goverment they can't feed them when it come in hunger
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