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Author Topic: Why You Should Never Sell Your Bitcoins Ever  (Read 270078 times)
Catmony
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September 26, 2016, 10:46:27 AM
 #1861

I will sell my bitcoins whenever i think price is good and use it for my online or offline expenses.
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September 26, 2016, 10:53:50 AM
 #1862


this is why i don't prefer to sell my bitcoin. selling bitcoins at this time will give me some profit because when I get them the rate was around 500. but I think bitcoin price will go higher and higher so I prefer to old my coins for longer..

Every people has different preferences if they will sold their coins or not. Right now, I have some funds too which I bought back when the price is on $510.

As far as my trading analyzation is concern, it's not making sense if I will sold my coins at $600 today since with this slow price movement, we can expect a price rally thereafter. Just need of a little patience and extra funds to accumulate coins at any price dip.

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sishendaoye
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September 26, 2016, 11:39:18 AM
 #1863

even if the price will get higher you must sell your bitcoin and buy and that is the trade for making more bitcoin i don't like the way to sit down and see what the price will be i just like to work for geting more and more.

If the price goes higher try to hold as much possible because price variations will lead you to get a good profit making when years pass.

Ofcourse that's the best way to make profit. But to say never sell your bitcoins ever is not smart because one bitcoin will die out we have to admit to it.
But before that point prices should be high and that's when you should get rid of it to get most out of it.
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September 26, 2016, 11:43:01 AM
 #1864

It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.
this is why i don't prefer to sell my bitcoin. selling bitcoins at this time will give me some profit because when I get them the rate was around 500. but I think bitcoin price will go higher and higher so I prefer to old my coins for longer..

I genuinely feel that selling bitcoins will depend on the price that we bought in the past, I bought when price was $300 last year so I don't think there is anything wrong in selling them at current price as its giving me double profits.
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September 26, 2016, 11:50:01 AM
 #1865

It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.
this is why i don't prefer to sell my bitcoin. selling bitcoins at this time will give me some profit because when I get them the rate was around 500. but I think bitcoin price will go higher and higher so I prefer to old my coins for longer..

I genuinely feel that selling bitcoins will depend on the price that we bought in the past, I bought when price was $300 last year so I don't think there is anything wrong in selling them at current price as its giving me double profits.

Agree ! We should base it in what price when we bought it . Just like his example $300 then now is $600 it is really the time to sell or if he want to wait more then its also good because price of bitcoin i think it will never be back at $300 Cheesy So if you earn profit when you sell your bitcoin then its a good choice Cheesy

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September 26, 2016, 11:59:03 AM
 #1866

It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.
this is why i don't prefer to sell my bitcoin. selling bitcoins at this time will give me some profit because when I get them the rate was around 500. but I think bitcoin price will go higher and higher so I prefer to old my coins for longer..

I genuinely feel that selling bitcoins will depend on the price that we bought in the past, I bought when price was $300 last year so I don't think there is anything wrong in selling them at current price as its giving me double profits.

Agree ! We should base it in what price when we bought it . Just like his example $300 then now is $600 it is really the time to sell or if he want to wait more then its also good because price of bitcoin i think it will never be back at $300 Cheesy So if you earn profit when you sell your bitcoin then its a good choice Cheesy

If he is making double profits then I think there is no point in holding them longer, as price may go down in coming days and then he may need to compromise with his profits.
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September 26, 2016, 12:44:15 PM
 #1867

i think if the rate is good for me to sell, then i will sell it for make a good profit, but if i think its not good to sell, then i will hold it. i am not agree that we should never sell our bitcoin ever, because we don't know how long the rate will stay at that rate and when the rate will be increase, so for me, better to make a good profit with selling our bitcoin and then if the rate is down, we can buy it again with only small budget but we can get much of bitcoin. its just on my head and i don't with the others member.
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September 26, 2016, 12:46:14 PM
 #1868

I don't think I will sell them at current price, as price is too high for me, I am holding my coins since long time and will sell some of them when it touches $800 price and rest when it crosses 4 digit price.
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September 26, 2016, 01:34:04 PM
 #1869

It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.

I agree. Grab the opportunity when it's given to you. You'll never know when it becomes as high again.
I prefer small, stable profits than huge but uncertain ones.
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September 26, 2016, 01:48:12 PM
 #1870

It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.

I agree. Grab the opportunity when it's given to you. You'll never know when it becomes as high again.
I prefer small, stable profits than huge but uncertain ones.

People who believes in making quick profits will never prefer to hod their coins for a long time and they will sell as soon as they are making some profits from it and I think that is the right thing to do.
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September 26, 2016, 03:24:36 PM
 #1871

You should never sell your bitcoins because of the fact that the bitcoin is the currency of the future if you are asking me.
I think that we should all keep it and maybe sell it if the price is only really good.


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September 26, 2016, 03:30:42 PM
 #1872

It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.

Thats exactly what i will do too, because i feel being too greedy always costs you so if you don't sell them when the price is reasonable by thinking that you will earn more profits later when the price goes higher and suddenly price drops back from where it was before and all the profit you could earn is gone now.
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September 26, 2016, 04:13:09 PM
 #1873

It won't be profitable to not to sell bitcoins at any point of time, I would surely sell them when price goes higher and allowing me to make some descent profits from it.

Thats exactly what i will do too, because i feel being too greedy always costs you so if you don't sell them when the price is reasonable by thinking that you will earn more profits later when the price goes higher and suddenly price drops back from where it was before and all the profit you could earn is gone now.

Yeah that is the case when you prefer to hold them for a long time and do not sell even when price is higher and allowing you to make profits and then price drops which will make you to wait again longer to earn profits.

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September 26, 2016, 07:02:28 PM
 #1874

I agree with your point that when you can purchase directly in bitcoins,why to convert it into fiat which may loose its value one day.
When you follow this method, since you hold bitcoins, when its price raises, your investment also increases.
the only problem is that everything cannot be bought by bitcoins.
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September 26, 2016, 07:13:45 PM
 #1875


   wow that is such a succinct picture and totally on point correct.    People have trouble overcoming the default state in their brains, everything they have known upto that point.     Dollars dont define value, some day they might have no value at all.

Ive heard people describe gold in this way again its a hard point to get accepted or for people to consider real but it is probably true right now.    Every time you hear, oh gold went up 50 dollars today so  its more expensive.     What just happened really is gold, that inert yellow blob that sits does nothing, rusts not at all and isnt used alot just exists for centuries in rarity but desired value; that value of gold didnt change at all.  When gold goes up 50 dollars, the true meaning is the gold stayed the same value its had for years and dollars are worth less today.
  Same thing may occur in bitcoin and that will be a matrix moment, pivotal to its monetary velocity I think as the less people wanting or needing to convert back to dollars means bitcoin as a monetary base grows larger

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September 26, 2016, 08:00:53 PM
 #1876

as the price is going up , its not good choice to sel btc now
of course it is not the best idea to be selling your bitcoins now, i think it would be way better to just buy more of it

 
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September 27, 2016, 03:27:17 AM
 #1877

as the price is going up , its not good choice to sel btc now
of course it is not the best idea to be selling your bitcoins now, i think it would be way better to just buy more of it
Buying is always the best option nowadays, bitcoin is the most wonder crypto currency even created that's why no wonder it has millions of supporters and growing, we will surely be popular in the world and massive adoption will happen, it could happen that we do not need fiat and we will just rely our bitcoins to transact.
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September 27, 2016, 05:12:22 AM
 #1878

no i think i will sell my bitcoins when i fell to sell it and when the price of bitcoin reach to its maximum price, then i will sell my bitcoins and will book the profit, but presently i am really not in favour of selling my bitcoins, as to me the price of bitcoin is still increasing.
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September 27, 2016, 06:00:31 AM
 #1879

no i think i will sell my bitcoins when i fell to sell it and when the price of bitcoin reach to its maximum price, then i will sell my bitcoins and will book the profit, but presently i am really not in favour of selling my bitcoins, as to me the price of bitcoin is still increasing.
I think of course everyone wants to sell their bitcoin at the highest price. but I think everyone will not know when prices will stop rising and then down. if people know about it, of course there is no risk in investing in bitcoin, you must have a keen instinct to sell bitcoin
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September 27, 2016, 06:04:48 AM
 #1880

no i think i will sell my bitcoins when i fell to sell it and when the price of bitcoin reach to its maximum price, then i will sell my bitcoins and will book the profit, but presently i am really not in favour of selling my bitcoins, as to me the price of bitcoin is still increasing.
It is good to sell your bitcoin when you are making a profit already but you need to have a concrete plan and when the time comes that you see your desired price, you should sell it directly and do not be greedy if you do not want to end up losing or having a small profit.

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   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
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█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
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██         ▐█▌         ██
████▄     ▄█████▄     ▄████
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███▀    █████████████    ▀███
██       ███████████       ██
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▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
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..PLAY NOW..
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