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Author Topic: Why You Should Never Sell Your Bitcoins Ever  (Read 270078 times)
JessicaSe
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August 31, 2016, 12:48:59 PM
 #1761

~

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?

If you expect that you will double your coins in a single day with trading then you are surely wasting your time and money, even trading involves great level of patience, if you have it then you will make it.
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Achargeturry78
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August 31, 2016, 12:54:05 PM
 #1762

To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.
Depends on the country you are , because here in my country everytime i convert my bitcoin in fiat there no free depends on what i am using , sometimes i always use banks to exchange with my bitcoin because here in my country our bitcoin wallet are partnered with some banks where we can easily buy and sell our bitcoins
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August 31, 2016, 01:11:24 PM
 #1763

To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.
Depends on the country you are , because here in my country everytime i convert my bitcoin in fiat there no free depends on what i am using , sometimes i always use banks to exchange with my bitcoin because here in my country our bitcoin wallet are partnered with some banks where we can easily buy and sell our bitcoins

Its not possible that there are no fees when you buy or  sell your coins, how traders will earn money if they don't charge any fees? I use localbitcoin to transfer btc to my bank account and they charge 2% on every transaction.
virtualkeybuyer
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August 31, 2016, 01:22:10 PM
 #1764

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.

I am also buying more at lower price, especially in the current price, in order to collect more amount for the upcoming profit, but I will not sel them ever, as I have believe that the price increase when people do not sell their coins and buy more and more so with that I hope the price will be in mollions.
chaosknight
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August 31, 2016, 01:25:14 PM
 #1765

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.

I am also buying more at lower price, especially in the current price, in order to collect more amount for the upcoming profit, but I will not sel them ever, as I have believe that the price increase when people do not sell their coins and buy more and more so with that I hope the price will be in mollions.

Holding them for future is good, but never selling them is the bad decision to make, if you will never sell then how will you make profits out of them? Sell and grab profits and buy it again when price falls.
lienfaye
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August 31, 2016, 01:29:58 PM
 #1766

To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.
Depends on the country you are , because here in my country everytime i convert my bitcoin in fiat there no free depends on what i am using , sometimes i always use banks to exchange with my bitcoin because here in my country our bitcoin wallet are partnered with some banks where we can easily buy and sell our bitcoins

Its not possible that there are no fees when you buy or  sell your coins, how traders will earn money if they don't charge any fees? I use localbitcoin to transfer btc to my bank account and they charge 2% on every transaction.
I understand, though its seem like impossible but also in our country, our local wallet has a feature wherein if you want to convert your bitcoin in fiat they dont charge you for that. it will be directly credited to your bank account or any remmitance center you prefer to receive your money. but if you will use other exchanging sites, then they have fees.

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August 31, 2016, 01:31:54 PM
 #1767

To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.
Depends on the country you are , because here in my country everytime i convert my bitcoin in fiat there no free depends on what i am using , sometimes i always use banks to exchange with my bitcoin because here in my country our bitcoin wallet are partnered with some banks where we can easily buy and sell our bitcoins

Its not possible that there are no fees when you buy or  sell your coins, how traders will earn money if they don't charge any fees? I use localbitcoin to transfer btc to my bank account and they charge 2% on every transaction.
I understand, though its seem like impossible but also in our country, our local wallet has a feature wherein if you want to convert your bitcoin in fiat they dont charge you for that. it will be directly credited to your bank account or any remmitance center you prefer to receive your money. but if you will use other exchanging sites, then they have fees.

If there is no fees to convert your bitcoin to fiat then that is the best thing to have, as it really saves your money in terms of fees, as if sell higher volume of coins then fees will be even higher.

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September 01, 2016, 04:07:48 AM
 #1768


If there is no fees to convert your bitcoin to fiat then that is the best thing to have, as it really saves your money in terms of fees, as if sell higher volume of coins then fees will be even higher.

No fees? What do you think of exchangers offering free services? Of course they needs some profit for them to run their business.

Also exchangers are big help for us and they have some services that can really gives us a comfortable feeling of converting our bitcoin into fiat so it's reasonable for them to have some fees.

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ajun96
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September 01, 2016, 06:10:37 AM
 #1769

To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.
Depends on the country you are , because here in my country everytime i convert my bitcoin in fiat there no free depends on what i am using , sometimes i always use banks to exchange with my bitcoin because here in my country our bitcoin wallet are partnered with some banks where we can easily buy and sell our bitcoins

Its not possible that there are no fees when you buy or  sell your coins, how traders will earn money if they don't charge any fees? I use localbitcoin to transfer btc to my bank account and they charge 2% on every transaction.
I understand, though its seem like impossible but also in our country, our local wallet has a feature wherein if you want to convert your bitcoin in fiat they dont charge you for that. it will be directly credited to your bank account or any remmitance center you prefer to receive your money. but if you will use other exchanging sites, then they have fees.

If there is no fees to convert your bitcoin to fiat then that is the best thing to have, as it really saves your money in terms of fees, as if sell higher volume of coins then fees will be even higher.
I think the reason for the hold bitcoin too long not because the fee is too expensive but as users wait for the right price and the price is high
so it is not dependent on fee. even you can sell your bitcoin to fiat without the need to use exchange sites. you could sell directly to individuals
sobsitesearch
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September 01, 2016, 07:32:13 AM
 #1770

To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.
Depends on the country you are , because here in my country everytime i convert my bitcoin in fiat there no free depends on what i am using , sometimes i always use banks to exchange with my bitcoin because here in my country our bitcoin wallet are partnered with some banks where we can easily buy and sell our bitcoins

Its not possible that there are no fees when you buy or  sell your coins, how traders will earn money if they don't charge any fees? I use localbitcoin to transfer btc to my bank account and they charge 2% on every transaction.
I understand, though its seem like impossible but also in our country, our local wallet has a feature wherein if you want to convert your bitcoin in fiat they dont charge you for that. it will be directly credited to your bank account or any remmitance center you prefer to receive your money. but if you will use other exchanging sites, then they have fees.

If there is no fees to convert your bitcoin to fiat then that is the best thing to have, as it really saves your money in terms of fees, as if sell higher volume of coins then fees will be even higher.
I think the reason for the hold bitcoin too long not because the fee is too expensive but as users wait for the right price and the price is high
so it is not dependent on fee. even you can sell your bitcoin to fiat without the need to use exchange sites. you could sell directly to individuals
The only thing i see that is why they do not yet sell their bitcoin because they believe that the price is going to high soon and the price right now is good for them. but for me i do not consider what is the price every time i exchange my coins into fiat because i do not have any investment in term of bitcoin im only earn in signature campaign that is why.
vero
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September 01, 2016, 08:07:59 AM
 #1771


If there is no fees to convert your bitcoin to fiat then that is the best thing to have, as it really saves your money in terms of fees, as if sell higher volume of coins then fees will be even higher.

No fees? What do you think of exchangers offering free services? Of course they needs some profit for them to run their business.

Also exchangers are big help for us and they have some services that can really gives us a comfortable feeling of converting our bitcoin into fiat so it's reasonable for them to have some fees.
i don't know why he expect can convert bitcoin to fiat without fee transaction so why he can accept when send bitcoin have fee transaction. we must understand if in reasonable limits and I would not dare to convert bitcoin exchanger to fiat on the exchangers site that do not charge a transaction fee.

Orielres
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September 01, 2016, 08:54:27 AM
 #1772

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.

I am also buying more at lower price, especially in the current price, in order to collect more amount for the upcoming profit, but I will not sel them ever, as I have believe that the price increase when people do not sell their coins and buy more and more so with that I hope the price will be in mollions.

Holding them for future is good, but never selling them is the bad decision to make, if you will never sell then how will you make profits out of them? Sell and grab profits and buy it again when price falls.

I agree with that. That is the reason I trade the bitcoin with other coins. It is quite profitable to do that.
DavidoAlto
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September 01, 2016, 09:21:18 AM
 #1773

Mehhh, If they go up that much in price then it might be better to sell them cause what would you say if half a year later they drop back 2k.. youll have fiat worth almost the same but you lose so much if bitcoins drop
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September 01, 2016, 09:24:46 AM
 #1774

Mehhh, If they go up that much in price then it might be better to sell them cause what would you say if half a year later they drop back 2k.. youll have fiat worth almost the same but you lose so much if bitcoins drop
That is the main purpose our bitcoin for a long period of time, we are just holding it without a plan, we need to be specific on what price are we waiting before we sell our bitcoins. I know in the near future the price will rise but without a definite plan we will not be able to get the benefits.

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September 01, 2016, 11:31:36 AM
 #1775

Mehhh, If they go up that much in price then it might be better to sell them cause what would you say if half a year later they drop back 2k.. youll have fiat worth almost the same but you lose so much if bitcoins drop
That is the main purpose our bitcoin for a long period of time, we are just holding it without a plan, we need to be specific on what price are we waiting before we sell our bitcoins. I know in the near future the price will rise but without a definite plan we will not be able to get the benefits.

Yeah and if price reaches to our expected level then we should not hesitate in selling our coins but make sure that you don't sell all of them, keep few for future benefits too.
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September 01, 2016, 01:42:02 PM
 #1776


If there is no fees to convert your bitcoin to fiat then that is the best thing to have, as it really saves your money in terms of fees, as if sell higher volume of coins then fees will be even higher.

No fees? What do you think of exchangers offering free services? Of course they needs some profit for them to run their business.

Also exchangers are big help for us and they have some services that can really gives us a comfortable feeling of converting our bitcoin into fiat so it's reasonable for them to have some fees.
there are fees on bitcoins for sure, first of all you have to pay fees on transactions too, i never sell my bitcoins because i believe it is going to grow
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September 01, 2016, 02:27:57 PM
 #1777


If there is no fees to convert your bitcoin to fiat then that is the best thing to have, as it really saves your money in terms of fees, as if sell higher volume of coins then fees will be even higher.

No fees? What do you think of exchangers offering free services? Of course they needs some profit for them to run their business.

Also exchangers are big help for us and they have some services that can really gives us a comfortable feeling of converting our bitcoin into fiat so it's reasonable for them to have some fees.
there are fees on bitcoins for sure, first of all you have to pay fees on transactions too, i never sell my bitcoins because i believe it is going to grow

Yes let us not have a panic selling with our bitcoins.  It will surely gain back its  glamour and we will witness its high price once again.  I never had an intention of selling them as I know that I might regret that day that I sold my bitcoins.  I am just keeping it and waiting for its price to attain a high value.
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September 01, 2016, 02:34:53 PM
 #1778


If there is no fees to convert your bitcoin to fiat then that is the best thing to have, as it really saves your money in terms of fees, as if sell higher volume of coins then fees will be even higher.

No fees? What do you think of exchangers offering free services? Of course they needs some profit for them to run their business.

Also exchangers are big help for us and they have some services that can really gives us a comfortable feeling of converting our bitcoin into fiat so it's reasonable for them to have some fees.
there are fees on bitcoins for sure, first of all you have to pay fees on transactions too, i never sell my bitcoins because i believe it is going to grow

Yes let us not have a panic selling with our bitcoins.  It will surely gain back its  glamour and we will witness its high price once again.  I never had an intention of selling them as I know that I might regret that day that I sold my bitcoins.  I am just keeping it and waiting for its price to attain a high value.


I will not sell at a moment, but will surely sell some of my coins when it will cross $1k mark in future, as I am here to make profits not to simply hold my coins.
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September 01, 2016, 06:29:23 PM
 #1779


If there is no fees to convert your bitcoin to fiat then that is the best thing to have, as it really saves your money in terms of fees, as if sell higher volume of coins then fees will be even higher.

No fees? What do you think of exchangers offering free services? Of course they needs some profit for them to run their business.

Also exchangers are big help for us and they have some services that can really gives us a comfortable feeling of converting our bitcoin into fiat so it's reasonable for them to have some fees.
there are fees on bitcoins for sure, first of all you have to pay fees on transactions too, i never sell my bitcoins because i believe it is going to grow

Yes let us not have a panic selling with our bitcoins.  It will surely gain back its  glamour and we will witness its high price once again.  I never had an intention of selling them as I know that I might regret that day that I sold my bitcoins.  I am just keeping it and waiting for its price to attain a high value.


Sometimes you need to join the panic selling activity rather than to keep on holding our coins.

It's not that you are panicking but you are just securing the profits before the price decreases too much and will just result for a regret.
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September 01, 2016, 06:32:18 PM
 #1780


If there is no fees to convert your bitcoin to fiat then that is the best thing to have, as it really saves your money in terms of fees, as if sell higher volume of coins then fees will be even higher.

No fees? What do you think of exchangers offering free services? Of course they needs some profit for them to run their business.

Also exchangers are big help for us and they have some services that can really gives us a comfortable feeling of converting our bitcoin into fiat so it's reasonable for them to have some fees.
there are fees on bitcoins for sure, first of all you have to pay fees on transactions too, i never sell my bitcoins because i believe it is going to grow

Yes let us not have a panic selling with our bitcoins.  It will surely gain back its  glamour and we will witness its high price once again.  I never had an intention of selling them as I know that I might regret that day that I sold my bitcoins.  I am just keeping it and waiting for its price to attain a high value.


Sometimes you need to join the panic selling activity rather than to keep on holding our coins.

It's not that you are panicking but you are just securing the profits before the price decreases too much and will just result for a regret.

Exactly, I never hesitate in selling my coins when I see higher price to make profits as I very well know that I always have an opportunity to buy it again when price drops.
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