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Author Topic: Why You Should Never Sell Your Bitcoins Ever  (Read 270078 times)
Kisanaq
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November 28, 2017, 11:05:06 PM
 #3021

Because I hope that the price will continue to rise, it's been more than 6 months I never sell bitcoin, this is because I'm optimistic that bitcoin prices will continue to rise and proven, now I can get big profits for patience keep and more later.
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November 28, 2017, 11:28:59 PM
 #3022

Because I hope that the price will continue to rise, it's been more than 6 months I never sell bitcoin, this is because I'm optimistic that bitcoin prices will continue to rise and proven, now I can get big profits for patience keep and more later.
That's the determination! Many regrets selling their btc before seeing how it's price grows now, many will be more interested on it since it progresses way too high as expected, keep bolding and we'll be a millionaire soon.

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November 28, 2017, 11:35:46 PM
 #3023

To be honest, I do not think that it's never good but holding it for the long run is great because it has a good future and can go up to a higher amount Smiley
Gabrieelle
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November 28, 2017, 11:39:09 PM
 #3024

Because I hope that the price will continue to rise, it's been more than 6 months I never sell bitcoin, this is because I'm optimistic that bitcoin prices will continue to rise and proven, now I can get big profits for patience keep and more later.
That's the determination! Many regrets selling their btc before seeing how it's price grows now, many will be more interested on it since it progresses way too high as expected, keep bolding and we'll be a millionaire soon.
Yes its true holding your bitcoins because we believe that the price of bitcoin will continue to grow for the next coming months or years. The potential of bitcoin has already been proven on so many ways that is why more and more users are engaging into bitcoin. Bitcoin is really a nice investment you can earn a big profit if you just hold.
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November 28, 2017, 11:51:52 PM
 #3025

We all see that bitcoin is growing and even as Waren Buffet said and the Banks's head Dimon "it will even hit 100k USD" but the important thing here is about its real value. Currently it is pure speculation in mu opinion, bitcoin reached such price because of its features. The question is how many and if goverments will accept crypto?
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November 28, 2017, 11:52:28 PM
 #3026

Because I hope that the price will continue to rise, it's been more than 6 months I never sell bitcoin, this is because I'm optimistic that bitcoin prices will continue to rise and proven, now I can get big profits for patience keep and more later.
one of the most common reasons why many people do not immediately sell their bitcoin is because they wait for a higher price than today and it is the most appropriate choice these days. because the price will definitely go up and you'll be disappointed if you sell your bitcoin right now
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November 29, 2017, 01:04:17 AM
 #3027

Since last August I was convinced that bitcoin prices will continue to rise, but because there is little doubt then I sold some btc that I have and now I'm regret that the price has reached $ 10,000, I did not expect that the price could be as fast as this goes up and I'll keep to a long time and do not care about any issues that say bitcoin will drop.

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jpoker272727
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November 30, 2017, 08:27:27 AM
 #3028

I think it's absurd to sell Bitcoin. Especially now, when it's value increases every day. If you own Bitcoin, you need to have nerves of steel and good self-control to not to panic every time when it drops and not sell it at a loss.
There is no need to be absurd, it is absurd to wait for the Bitcoin price to rise simply by buying. The market will respond to sudden price increases, everyone knows that. The important thing is to sell it in the right place.
Agreed but the thing is if you are not going to sell your bitcoins ever, then there will be nothing fruitful which you’ll be getting in return. You have to go for selling your bitcoins one day of you want to get something good in return.

Yes, you need to go for holding of your bitcoins for as long period of time as you really can. Hold it for some time and then sell them for having more money.
dulce dd121990
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November 30, 2017, 09:03:27 AM
 #3029

I just realized that it's not that you should never sell your bitcoins ever, but you should learn to hold your bitcoins and wait for the right time to sell those.

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cexylikepie
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December 01, 2017, 04:53:25 PM
 #3030

I think it's absurd to sell Bitcoin. Especially now, when it's value increases every day. If you own Bitcoin, you need to have nerves of steel and good self-control to not to panic every time when it drops and not sell it at a loss.
There is no need to be absurd, it is absurd to wait for the Bitcoin price to rise simply by buying. The market will respond to sudden price increases, everyone knows that. The important thing is to sell it in the right place.
Agreed but the thing is if you are not going to sell your bitcoins ever, then there will be nothing fruitful which you’ll be getting in return. You have to go for selling your bitcoins one day of you want to get something good in return.

Yes, you need to go for holding of your bitcoins for as long period of time as you really can. Hold it for some time and then sell them for having more money.
Long or short time are not important, remember you only need to earn profit through your investment, so as long as the price of Bitcoin increases higher than your buy price, you had profit from Bitcoin. You should sell to take profit because the chance to sell Bitcoin at high price within short time not easy to have.
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December 01, 2017, 04:56:15 PM
 #3031

It seems that your prediction became true. The bitcoin prove that it is the strongest cryptocurrency. I believe that people who entered in the cryptocurrency world are aware to what bitcoin can do. It is better for us if we hold our bitcoins in a long time.

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December 01, 2017, 04:58:50 PM
 #3032

It seems that your prediction became true. The bitcoin prove that it is the strongest cryptocurrency. I believe that people who entered in the cryptocurrency world are aware to what bitcoin can do. It is better for us if we hold our bitcoins in a long time.
In general, yes, bitcoin should be kept as long as possible, as it will continue to grow in price for a long time. But sometimes you need money or put money into more profitable businesses
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December 01, 2017, 05:02:11 PM
 #3033

Because I hope that the price will continue to rise, it's been more than 6 months I never sell bitcoin, this is because I'm optimistic that bitcoin prices will continue to rise and proven, now I can get big profits for patience keep and more later.

Nice thought !! I never sell my BTC too, if not the case of extremely necessity.
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December 01, 2017, 05:12:26 PM
 #3034

Simply because it generates passive income for me. Can understand simply that you do not need to do anything can still make money. The profit will not be small because I believe that the value of Bitcoin is increasing and it is a stable currency that is as stable as gold.
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December 02, 2017, 08:47:59 PM
 #3035

Because I hope that the price will continue to rise, it's been more than 6 months I never sell bitcoin, this is because I'm optimistic that bitcoin prices will continue to rise and proven, now I can get big profits for patience keep and more later.
one of the most common reasons why many people do not immediately sell their bitcoin is because they wait for a higher price than today and it is the most appropriate choice these days. because the price will definitely go up and you'll be disappointed if you sell your bitcoin right now

Thats true until it isnt.    If everyone holds and does nothing then bitcoin stops being useful, its just built on a collective 'I hope it will'.     Theres no money in hope alone, it needs effort, work, ideas and initiative of real business.

That is the main draw back to bitcoin, the wallet doesn't do anything except hold a receipt.  The proof of stake coins put the wallet into work by confirming transactions and it seems to do this at far less cost and with greater efficiency I imagine they might more likely succeed.  Greater participation by a population in a business even if its as basic as transaction confirmation is a positive I think.

Thing is holding doesnt do anything, its an economy or it isnt.   I would estimate no worth if it becomes about holding more then using.   I put the bits into bits of gold largely under the reasoning if one rises in price, or bubbles then the other will too at some point in future as they are both finance related I think.   So I sold out and I didnt, as I dont really believe in Dollars, Euro, Yen or Sterling especially.  

  I figure the way to go to avoid this apprehension of holding or fear of losing future gains, make it about a trade.   So all I could think of mostly is the gold but it could be anything useful or with future use, anyone in a business can justify it or selling btc to pay off mortgage and avoid future interest is justifiable whatever the price.
One guy famously sold his dads house after he inherited it, spare I guess and the price at the time was like $800  I think so he is doing well.  I dont agree he should never sell, it varies by the person what is most useful to them, only spare capital should be held in bitcoin partially.

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December 02, 2017, 09:27:31 PM
 #3036

I've bought my humble share at $3500 so I prefer not to buy more unless it drops. Also current price record is an ultimate hit of $10950. My share increased a lot. Also I sold lot of bitcoins when there is a better price. Most people ponder bitcoin is a better choice for investment to make better profits not For the currency. This thought make bitcoin hard to grow, investors come and go. As they just seek for gaining profit in buying and selling bitcoin in higher price but not to hold bitcoin for long term to use it regularly like currency.
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December 02, 2017, 09:31:57 PM
 #3037

BitProdigy knows what is up huh. I plan to do similar things and will basically only cash out what I need for living expenses for the year. Aside from that I plan to hold all my money in crypto and slowly spend it once it becomes currency and it piles up. If bitcoin ends up north of 100k I can reasonably say all of us who got in now will have more money than we know what to do with and that will be a nice feeling. Financial freedom isn't everything but it can put us on a great path to being content with all that is in our lives.

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December 02, 2017, 10:19:06 PM
 #3038

It is true that Bitcoin will someday be worth millions and therefore it is impractical to sell. On the other hand, if it doesn't have any use whatsoever then what is the point of it in the first place? I mean you need to be able to spend, send/receive quickly and efficiently (low fees) if we are to get BTC to the next level. I am talking about $1,000,000+. No one is going to buy it if it has no purpose.

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December 03, 2017, 04:38:26 AM
 #3039

because bitcoins is a future money of the future maybe in 2020 they get higher and higher i will just stock it for safety so if i need a money i will withdraw just need a patience slowly bu surely

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December 04, 2017, 05:48:09 AM
 #3040

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.
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