Why You Should Never Sell Your Bitcoins Ever

[XinXan]

The obvious problem with your argument is that if no one sells their bitcoin then there will be no market for bitcoin and the price is indeterminate. So there have to be seller and buyers in order the establish value so you can decide the value at which you think is good to sell at. If you never sell you might as well not have them unless you are going to use for collateral for borrowing fiat.

That's true but individually holding your bitcoins has proven to be the best way to actually profit. Go back to 2013 and imagine buying bitcoins back then and holding them until now, you would have profited A LOT. Obviously as you said someone has to be selling and buying bitcoins otherwise the whole thing makes no sense but holding bitcoins is definitely a strategy that has been proven to work really really well.

[fiulpro]

  Yes the situation was quite favourable for the people who saved them in the past and now they are millionaire but right now I beg to differ.. the thing is market is now flooded with many cryptocurrencies thus a newer and better product will always replace the old one ... The crowd that it was gonna accumulate is now fragmented into parts thus we don't know about the future of bitcoins so I think people should sell when the price is high as per the need arises.

[webdevmastery]

I think that it will be depending in your situation and in my own perspective, Some of the people like my that working on bounty campaigns is we need something to sustain in our life and we use bitcoin for our daily needs but if you are rich and you have a day job then holding your bitcoin for a very long time will let you earn more profit.

[marcuslong]

I think that it will be depending in your situation and in my own perspective, Some of the people like my that working on bounty campaigns is we need something to sustain in our life and we use bitcoin for our daily needs but if you are rich and you have a day job then holding your bitcoin for a very long time will let you earn more profit.

You can make profit with bitcoin even you don't trade or invest it from those bounty campaigns because once bitcoin price increase you can easily earned profit from it and but mostly why im holding bitcoin is because other prediction that bitcoin in the year of 2020 the price will be at $10,000 dollars or more than that since i want to become millionaire with bitcoin. i don't focus on jobs because i earned more in bitcoin.

[Harlot]

I think that it will be depending in your situation and in my own perspective, Some of the people like my that working on bounty campaigns is we need something to sustain in our life and we use bitcoin for our daily needs but if you are rich and you have a day job then holding your bitcoin for a very long time will let you earn more profit.

You can make profit with bitcoin even you don't trade or invest it from those bounty campaigns because once bitcoin price increase you can easily earned profit from it and but mostly why im holding bitcoin is because other prediction that bitcoin in the year of 2020 the price will be at $10,000 dollars or more than that since i want to become millionaire with bitcoin. i don't focus on jobs because i earned more in bitcoin.

That is the bad thing about long term investing for Bitcoin we are purchasing Bitcoin now in the hopes for it doubling in value in the next 3 years or so while other people specifically are profiting more now with their daily trades an increase from a recent drop from 3000$ to 4500$ gave them a minimum profit of 1500$ in just one day and before the 3000$ they have profit again. They are actually earning more compared to people who are expecting Bitcoin to double in value in the next 3 years which there is no assurance that it will happen.

[viktors7]

You must by no means promote them due to the fact the bitcoin is alone is the foreseeable future of all currency's in the entire world.So its greater to just hold your bitcoin and hold out for the instant until you will make massive earnings on it.

[Mrsmants]

Well never ever is not good, but if you want to prolonged commit your bitcoins it will be rather excellent.Simply because the market place is acquiring larger and the quantity is obtaining higher.

[winterland]

Because prices are rising and expensive, we will regret if selling bitcoin now because I think the current price is very cheap. Google and many media states that bitcoin prices can reach 100k, and I'm sure with those predictions.

What if these predictions are wrong, and the prices are going to dip below $1,000 per coin? For me, I have two choices if I face some financial trouble. The first option is to sell some of my coins. The second option is to take a loan from some of my friends and relatives. For me, the first option is the most preferred one. Because I don't know how the exchange rates can change in the future.

Even if the prediction is wrong bitcoin is still the best form of currency, you can move a lot of money without bringing a lot of attention to yourself recently there was a thread of a person that traveled to other countries with only 100 dollars in fiat and two bitcoins.

[Milo_Kidd]

For me the reason is bitcoin price in the future will have a great impact. I mean huge price in the future. If you hold bitcoin for a long time its price increase if you base it with the price when you start to earned it.

[Rajamuda]

The point i think is to selling bitcoin not carelessly to selling it, and each person must have prepared the plan (target) to be able to get the benefits by looking at price developments. Well for me in this thing, of course if we can still get a  chance to get a more profit at another time, it's good it doesn't have to selling it in a hurrying.. because bitcoin price can still continue moving higher.

[mirakal]

The point i think is to selling bitcoin not carelessly to selling it, and each person must have prepared the plan (target) to be able to get the benefits by looking at price developments. Well for me in this thing, of course if we can still get a  chance to get a more profit at another time, it's good it doesn't have to selling it in a hurrying.. because bitcoin price can still continue moving higher.

That's the right thing to do, we have to set a target to sell because that's the only way to make profit by selling high.
Actually we can make profit both on long term and short term hold but it's advisable to focus more on short term if you have a decent capital due to the volatility of bitcoin, the price will dump and pump and we should take advantage on that.

[Cavyanpo]

The best point is not market your bitcoins, simply because the bitcoin has a very good foreseeable future a head.As an case in point the halving is coming, they say that will insert a zero to it, so you will make a good deal of income.

[Thunderlizard]

Basically because it keeps growing and growing like now it is at $5000 and also it is very difficult to earn but i think there should be a time when u sell it you should not never sell it because why did you have it then if you were not planning on selling it?

[fedorkr6]

Its not a very good concept never ever to sell your cash, I mean if you are acquiring great returns then you need to offer your cash instead then keeping it for foreseeable future, as if in long term if the price drops down the you require to experience losses.

[Kisanaq]

The consideration is the bitcoin graphics that continue to rise, I never panicked when the price drop exactly if the price drop more than 10% makes me eager to buy bitcoin so it does not take long the price back skyrocketed.

[Conevesses1976]

I am waiting around for subsequent block halving and I hope that value will go larger after halving so would offer all my coins at that time, and once more acquire when price tag drops down, as selling at a instant is not a wonderful thought I guess.

[perfect999]

For me I should never sell my bitcoin because in the near future it may increase its value. Because maybe in the future we used bitcoin for a big investments.so that we can earned a lot here.

One should never sell the bitcoins if he is in an urgent need of money. He must try to fulfill his needs through some other way. Even taking a loan from the bank is a better option than selling the bitcoins. This is because there are a lot more chances of increase in the value of btc in the upcoming days so they must be kept in hand for a long term favor.

[JOSE2014]

For me I should never sell my bitcoin because in the near future it may increase its value. Because maybe in the future we used bitcoin for a big investments.so that we can earned a lot here.

One should never sell the bitcoins if he is in an urgent need of money. He must try to fulfill his needs through some other way. Even taking a loan from the bank is a better option than selling the bitcoins. This is because there are a lot more chances of increase in the value of btc in the upcoming days so they must be kept in hand for a long term favor.

I'm wating for the bitcoin prices high it will incres in the prices future. Bitcoin is help to my family fulfill. It will save it will help to urgent time. So I'm save the bitcoin. same people like the bitcoin save. you will transfore the bitcoin other people. coming future bitcoin accetp the all country. So it will use the bitcoin it will tranctoin more and incres prices. 

[twicezeroiszero]

The consideration is the bitcoin graphics that continue to rise, I never panicked when the price drop exactly if the price drop more than 10% makes me eager to buy bitcoin so it does not take long the price back skyrocketed.

I think 10% is a big ratio for Bitcoin when it is raising up in the market.
Unlike altcoins, Bitcoin can not drop down a huge value without any reason.
The Bitcoin community does not stupid all, so if someone try to control the price of Bitcoin unreasonably, its just receive failure.

[Afnan_faizah]

The consideration is the bitcoin graphics that continue to rise, I never panicked when the price drop exactly if the price drop more than 10% makes me eager to buy bitcoin so it does not take long the price back skyrocketed.

I think 10% is a big ratio for Bitcoin when it is raising up in the market.
Unlike altcoins, Bitcoin can not drop down a huge value without any reason.
The Bitcoin community does not stupid all, so if someone try to control the price of Bitcoin unreasonably, its just receive failure.

I agree, there are a lot of people who want to buy bitcoin in low price, so if someone or group sell their bitcoin to get huge profit and makes panic selling happen, it will just gives the opportunity to another people to buy bitcoin in lower price. People need bitcoin, we are getting to become cashless society. Some people now using credit card or paypal but I think bitcoin is the best choice.