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Author Topic: Why You Should Never Sell Your Bitcoins Ever  (Read 270078 times)
JITENDERPAR3
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September 27, 2016, 06:09:45 AM
 #1881

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.
it is not here any matter of became greedy . it is a timing of getting profit by selling own btc . if he is getting a better profit even again after a long wait of time than he should like me . i am.here also not in favour of selling btc because in my opinion the price of bitcoin are still leaa and will increase soon .
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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fatima zuhra
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September 27, 2016, 07:51:58 AM
 #1882

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, 02:48:11 PM
 #1883

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 also wish that I could sell my bitcoin at the highest price, but I do not know what the price of the maximum price for bitcoin, because sometimes I'm wrong sell my bitcoin, after I sold it prices rose more slowly, yeah it often happened to me. I would now have to be more patient
Backside walkaround
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September 28, 2016, 01:25:13 AM
 #1884

I'm tired of selling, and I've sold more bitcoin than I should have.  It's silly, because I'm really a bitcoin bull at heart.  As far as not selling *ever*, there will come a time to sell.  There always will, even if you're a buy and hold investor like W. Buffett.  It's smart to take your profit sometimes, or cut your losses.

If the original Backside walkaround can prove to me they are the old owner of this account, I can update the email address to the email address of their choosing.
Backside walkaround has lost access to their account as they used someone else's email address to sign up, and the owner of the email address got tired of random email notifications from this site after a few months and reset the password.
Dagmon
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October 03, 2016, 06:36:03 PM
 #1885

I'm tired of selling, and I've sold more bitcoin than I should have.  It's silly, because I'm really a bitcoin bull at heart.  As far as not selling *ever*, there will come a time to sell.  There always will, even if you're a buy and hold investor like W. Buffett.  It's smart to take your profit sometimes, or cut your losses.

If you bought some bitcoin in the last 12 to 18 months, you have made good profits. It is better to be patient.
doraemon1
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October 03, 2016, 06:38:51 PM
 #1886

Actually i am not in favour that we should never sell our bitcoins ever and i think only some rare peoples doing this.For me i use bitcoin as a normal currency and i need to sell my earned bitcoins because i need fiat in real life for my expensed,to buy some stuffs or rather i directly use bitcoins online paying my bills.
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October 03, 2016, 10:44:20 PM
 #1887

I'm tired of selling, and I've sold more bitcoin than I should have.  It's silly, because I'm really a bitcoin bull at heart.  As far as not selling *ever*, there will come a time to sell.  There always will, even if you're a buy and hold investor like W. Buffett.  It's smart to take your profit sometimes, or cut your losses.

The difference is that Buffet invests in businesses that generate cash and become more valuable because of that. He does not invest in speculative assets, which bitcoin is definitely one of. There is a lot more reason to never sell a legitimate cash-producing asset than there is for a speculative asset like crypto.

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October 04, 2016, 04:35:00 AM
 #1888

The other reasons why they never sell bitcoins ever is
that holding on the price become higher. When the price
become higher bitcoin users already sell the coins were
they already gained profit.


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October 04, 2016, 07:35:18 AM
 #1889

Many people say that you should never sell your bitcoin because the price in the future is going to be worth not selling at the moment.
I do not think that selling at the moment is wrong because maybe Bitcoin would die and you have sold nothing then you have wasted your time.
Alauria
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October 12, 2016, 02:44:29 PM
 #1890

Many people say that you should never sell your bitcoin because the price in the future is going to be worth not selling at the moment.
I do not think that selling at the moment is wrong because maybe Bitcoin would die and you have sold nothing then you have wasted your time.

Some people say that you should never sell your Bitcoin because they thin that in the future the Bitcoin value is going to be off the charts.
I am not sure on what to believe I am being realistic and sees what will happen the upcoming years.
umaOuma
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October 12, 2016, 03:03:59 PM
 #1891

Many people say that you should never sell your bitcoin because the price in the future is going to be worth not selling at the moment.
I do not think that selling at the moment is wrong because maybe Bitcoin would die and you have sold nothing then you have wasted your time.


If you are making profits with current price then there is nothing wrong in selling them and instead of listening to others you should follow your gut feeling and if you never sell your coins then you will never enjoy the profits.
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October 12, 2016, 03:04:48 PM
 #1892

Many people say that you should never sell your bitcoin because the price in the future is going to be worth not selling at the moment.
I do not think that selling at the moment is wrong because maybe Bitcoin would die and you have sold nothing then you have wasted your time.

Some people say that you should never sell your Bitcoin because they thin that in the future the Bitcoin value is going to be off the charts.
I am not sure on what to believe I am being realistic and sees what will happen the upcoming years.

Why wait for so much long if we can take advantage of the price fluctuations. It's more wiser way to get profits than waiting for more years to see a good profit.

Just learn how to play with the markets and you will see how progressive it was.

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LarryHocks
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October 12, 2016, 03:13:10 PM
 #1893

I honestly think that never is also not so good but that the fact is that we should hold it for a long term due to the fact its the future of the currency's.
It will grow a lot more and will get more interesting for sure..
bamboylee
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October 12, 2016, 03:27:32 PM
 #1894

Many people say that you should never sell your bitcoin because the price in the future is going to be worth not selling at the moment.
I do not think that selling at the moment is wrong because maybe Bitcoin would die and you have sold nothing then you have wasted your time.


If you are making profits with current price then there is nothing wrong in selling them and instead of listening to others you should follow your gut feeling and if you never sell your coins then you will never enjoy the profits.

If all your after is the profit in dollars then you can sell whenever you have profit and buy again when the price is low, rinse, repeat. But if you believe in bitcoin and not just because of the price, then you will keep your bitcoin so you'll have coins when the primary currency is bitcoin.
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October 12, 2016, 04:52:16 PM
 #1895

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.

Actually everyone likes to sell their coins when the price of bitcoin grows to a good extent but not everyone can hold all their coins till that time, i also wanted to never sell my coins but i needed some money so i had to do that and now again i'm collecting and storing for future.
co5hike
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October 12, 2016, 05:29:00 PM
 #1896

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.

Actually everyone likes to sell their coins when the price of bitcoin grows to a good extent but not everyone can hold all their coins till that time, i also wanted to never sell my coins but i needed some money so i had to do that and now again i'm collecting and storing for future.

I don't see anything wrong in selling our coins if its giving us profits and if we have earned them then we can surely sell them as we know that we will manage to earn them back.
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October 12, 2016, 05:39:29 PM
 #1897

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.

Actually everyone likes to sell their coins when the price of bitcoin grows to a good extent but not everyone can hold all their coins till that time, i also wanted to never sell my coins but i needed some money so i had to do that and now again i'm collecting and storing for future.

I don't see anything wrong in selling our coins if its giving us profits and if we have earned them then we can surely sell them as we know that we will manage to earn them back.

It is better to use the bitcoin to buy things if it is more convenient for you as it will help the bitcoin economy.
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October 12, 2016, 05:59:04 PM
 #1898

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.

Actually everyone likes to sell their coins when the price of bitcoin grows to a good extent but not everyone can hold all their coins till that time, i also wanted to never sell my coins but i needed some money so i had to do that and now again i'm collecting and storing for future.

I don't see anything wrong in selling our coins if its giving us profits and if we have earned them then we can surely sell them as we know that we will manage to earn them back.

It is better to use the bitcoin to buy things if it is more convenient for you as it will help the bitcoin economy.
I agree we need to move bitcoin between different people's hand. It will boost bitcoin economy and at the same time make bitcoin base users increase.  Another thing to do is to multiply our holding thru trading, investing to profitable venture and other stuff that can give us profit.

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greBit
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October 12, 2016, 07:17:25 PM
 #1899

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.

Actually everyone likes to sell their coins when the price of bitcoin grows to a good extent but not everyone can hold all their coins till that time, i also wanted to never sell my coins but i needed some money so i had to do that and now again i'm collecting and storing for future.

I don't see anything wrong in selling our coins if its giving us profits and if we have earned them then we can surely sell them as we know that we will manage to earn them back.

It is better to use the bitcoin to buy things if it is more convenient for you as it will help the bitcoin economy.
I agree we need to move bitcoin between different people's hand. It will boost bitcoin economy and at the same time make bitcoin base users increase.  Another thing to do is to multiply our holding thru trading, investing to profitable venture and other stuff that can give us profit.

Yeah its always good to make efforts in multiplying our coins to get higher and profitable benefits in future and to take price higher in future, circulating them is mandatory or else price will get saturated in future.
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October 12, 2016, 07:55:43 PM
 #1900

I think Bitcoin price will eventually rise but Im really starting to feel it's a dead end. New ideas and projects will eventually take over and Bitcoin has a very tainted image already that I feel it can't shake off. It will still be used as a gateway to buy other coins or gambling, etc but unless something drastic happens and changes the scenery I don't really think it will be very relevant in 5 years the way things are going.
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