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Author Topic: Why You Should Never Sell Your Bitcoins Ever  (Read 270084 times)
CasioK
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December 11, 2015, 11:51:21 AM
 #261

now im holding only small btc and i will sell my bitcoin if bitcoin reach $1000 it's my long goal Smiley
but we must know some fact (in my opinion) : volume of trading bitcoin can make people interested in bitcoin , in https://www.tradingview.com/ chat about bitcoin is more popular than other currencies


$1000 must be a suicidal target and definitely will make you regret for your actions unless you leave some more bitcoins for future use.
When people will in race to buy bitcoin, only very few will be selling their bitcoins without realizing the true worth of bitcoins. Do not join to those very few people.

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coinplus
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December 11, 2015, 11:55:42 AM
 #262

now im holding only small btc and i will sell my bitcoin if bitcoin reach $1000 it's my long goal Smiley
but we must know some fact (in my opinion) : volume of trading bitcoin can make people interested in bitcoin , in https://www.tradingview.com/ chat about bitcoin is more popular than other currencies


$1000 must be a suicidal target and definitely will make you regret for your actions unless you leave some more bitcoins for future use.
When people will in race to buy bitcoin, only very few will be selling their bitcoins without realizing the true worth of bitcoins. Do not join to those very few people.

Bitcoin's growth would be in exponential pattern. Once price hit $1000, there are big chances for hitting $2000/$5000/$10,000 levels in quick period. By the higher value of bitcoin, more business will adopt bitcoin then you can simply lead a life by spending bitcoins to merchants. So, never needed to sell is the future of bitcoin.
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December 11, 2015, 12:02:29 PM
 #263

now im holding only small btc and i will sell my bitcoin if bitcoin reach $1000 it's my long goal Smiley
but we must know some fact (in my opinion) : volume of trading bitcoin can make people interested in bitcoin , in https://www.tradingview.com/ chat about bitcoin is more popular than other currencies


$1000 must be a suicidal target and definitely will make you regret for your actions unless you leave some more bitcoins for future use.
When people will in race to buy bitcoin, only very few will be selling their bitcoins without realizing the true worth of bitcoins. Do not join to those very few people.

Bitcoin's growth would be in exponential pattern. Once price hit $1000, there are big chances for hitting $2000/$5000/$10,000 levels in quick period. By the higher value of bitcoin, more business will adopt bitcoin then you can simply lead a life by spending bitcoins to merchants. So, never needed to sell is the future of bitcoin.

Now I understand the Op's thoughts. Spending bitcoin directly is the only way for not selling it. But main stream kind of adoption only will give desired effects of do not sell bitcoin concept. If the merchants sell all their bitcoins in exchange then there is no meaning only we are spending bitcoins.
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December 11, 2015, 12:07:48 PM
 #264

OP for me there is something on which you're wrong.

Yes we will convert btc to fiat money. Why wouldn't we? You can't live with btc, it's uneasy, unpractical, impossible in fact.
And the most important thing is: You're paid in FIAT!
Maybe some of you have a btc income but for most people, we're paid in $ or € or £ or anything but in fiat money.

As long as my income is in fiat money, bitcoin won't be able to replace it. And I'll always convert btc to fiat if I got the feeling that btc is going to be less stable for a time.

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December 11, 2015, 12:08:08 PM
 #265

now im holding only small btc and i will sell my bitcoin if bitcoin reach $1000 it's my long goal Smiley
but we must know some fact (in my opinion) : volume of trading bitcoin can make people interested in bitcoin , in https://www.tradingview.com/ chat about bitcoin is more popular than other currencies


$1000 must be a suicidal target and definitely will make you regret for your actions unless you leave some more bitcoins for future use.
When people will in race to buy bitcoin, only very few will be selling their bitcoins without realizing the true worth of bitcoins. Do not join to those very few people.

Bitcoin's growth would be in exponential pattern. Once price hit $1000, there are big chances for hitting $2000/$5000/$10,000 levels in quick period. By the higher value of bitcoin, more business will adopt bitcoin then you can simply lead a life by spending bitcoins to merchants. So, never needed to sell is the future of bitcoin.

I can agree with this. Rather than making quick decisions, thinking short-term is always a loss but keeping that bitcoins in wallet for a long time is always a win. Because you never know what can happen and plus you don't have use the bitcoin in your wallet.

If people can beat the urge of spending bitcoin, I'm sure they will profit in long-term.
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December 11, 2015, 12:21:38 PM
 #266

now im holding only small btc and i will sell my bitcoin if bitcoin reach $1000 it's my long goal Smiley
but we must know some fact (in my opinion) : volume of trading bitcoin can make people interested in bitcoin , in https://www.tradingview.com/ chat about bitcoin is more popular than other currencies


$1000 must be a suicidal target and definitely will make you regret for your actions unless you leave some more bitcoins for future use.
When people will in race to buy bitcoin, only very few will be selling their bitcoins without realizing the true worth of bitcoins. Do not join to those very few people.

That's pretty unpredictable as we don't have a clear picture of what's gonna happen in future with Bitcoin but one thing for sure if it becomes mainstream then target value of $1000 is like a drop in ocean so it's always advisable to have enough BTC saved for future.

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Hedrilin
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December 11, 2015, 12:23:48 PM
 #267

Why not sell? You can make profit right if bitcoin is increasing.
I am not selling for now so yeah I am just holding so that the price increase.
Scream
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December 11, 2015, 12:48:05 PM
 #268

Why not sell? You can make profit right if bitcoin is increasing.
I am not selling for now so yeah I am just holding so that the price increase.

better to hold and don't spend it
because if you sell your bitcoin then price will will continue to go up and you will feel regret for being too quick to sell
KEEP HOLD YOUR BITCOIN
Denker
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December 11, 2015, 01:06:21 PM
 #269

now im holding only small btc and i will sell my bitcoin if bitcoin reach $1000 it's my long goal Smiley
but we must know some fact (in my opinion) : volume of trading bitcoin can make people interested in bitcoin , in https://www.tradingview.com/ chat about bitcoin is more popular than other currencies

Buddy the thread title said "Why you should never sell your Bitcoins ever" and you're looking for a goal which is so small compared to the potential of Bitcoin.Think a bit outside of the box.Try to be a bit creative and use your imagination.
$1000 is NOTHING!!!
I'd say don't be that short sighted.Hold your actual stash and try to enlarge it.Accumulate!
bitlancr
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December 11, 2015, 01:49:41 PM
 #270

To me it really depends on how far society has adapted to bitcoin. If, in the future I can pay for everything with bitcoin, there's not need to sell or exchange my bitcoins.
People mainly exchange and sell because they need fiat and bitcoin is not acceptable as payment.
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December 11, 2015, 02:05:06 PM
 #271

Why not sell? You can make profit right if bitcoin is increasing.
I am not selling for now so yeah I am just holding so that the price increase.

better to hold and don't spend it
because if you sell your bitcoin then price will will continue to go up and you will feel regret for being too quick to sell
KEEP HOLD YOUR BITCOIN

well but at some point you must spend, otherwise it will be like having nothing

everyone should have a target after that target is reached he should begin to spend
Altynbekova
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December 11, 2015, 02:34:00 PM
 #272

Why not sell? You can make profit right if bitcoin is increasing.
I am not selling for now so yeah I am just holding so that the price increase.

better to hold and don't spend it
because if you sell your bitcoin then price will will continue to go up and you will feel regret for being too quick to sell
KEEP HOLD YOUR BITCOIN

well but at some point you must spend, otherwise it will be like having nothing

everyone should have a target after that target is reached he should begin to spend

Yeah maybe is good to hold in the future, but you need to spend it.
But for me I am just holding I have nothing to spend for this moment.
MaritiJames3
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December 11, 2015, 03:29:56 PM
 #273

Well if I was you just invest some of your bitcoin and the other just hold it.
Is not bad to spend some bitcoins you know.
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December 11, 2015, 05:42:18 PM
 #274

now im holding only small btc and i will sell my bitcoin if bitcoin reach $1000 it's my long goal Smiley
but we must know some fact (in my opinion) : volume of trading bitcoin can make people interested in bitcoin , in https://www.tradingview.com/ chat about bitcoin is more popular than other currencies
But if it can achieve 1k, what makes you think that it won't achieve 10k or above?

OP is right, you all fuckers can sell your coins at 1k or whatever price. I'll keep holding, because I know the real value. If you dump, that would mean I could have more cheap coins.


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December 11, 2015, 06:31:37 PM
 #275

now im holding only small btc and i will sell my bitcoin if bitcoin reach $1000 it's my long goal Smiley
but we must know some fact (in my opinion) : volume of trading bitcoin can make people interested in bitcoin , in https://www.tradingview.com/ chat about bitcoin is more popular than other currencies

Is $1000 a long term goal?  Huh
As per the OP, you never will be needed to sell your bitcoins. Instead of selling, you will find many spending offers for your bitcoins like one satoshis equivalent to one dollar.
Do not ask me when it will happen.
It's in our hand. It will happen in very near future if you will not sell your coins, it will happen in 2016 itself also.


Yes I believe this will happen as well. That's why I'm just collecting satoshi as much as I can, which I know sounds crazy since you don't get that much out of faucets.
But one day it will be worth it.
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December 11, 2015, 11:26:06 PM
 #276

The problem with buying from Tiger Direct with bitcoin is that it voids returns.
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December 12, 2015, 12:10:12 AM
 #277

As regards the OP, I don't believe it's true that if btc rises to $10,000 the dollar is necessarily hyperinflated.  That may very well happen, but it's certainly possible that speculators could drive the price up that high whilst the dollar remains where it is.  If it shot that high, I'm not sure I'd go on a shopping spree.  I'm of the Jesse Livermore school of let-your-winners-ride.  Bitcoin is such a strange bird.

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December 12, 2015, 12:18:16 AM
 #278

i have to buy and hold some bitcoin when the price of $400, and i will sell when $1000. although I know it's old, but I believe in 2016 we would touch $1000 Smiley
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December 12, 2015, 12:33:38 AM
 #279

i have to buy and hold some bitcoin when the price of $400, and i will sell when $1000. although I know it's old, but I believe in 2016 we would touch $1000 Smiley

nice prediction for 2016
now bitcoin price $450 and my bitcoin sold at $410 and im very sad >_<
i hope i can earning more and hold it for future
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December 12, 2015, 03:20:32 AM
 #280

feel your pain scream sold one at 400$ after holding for a bit.
I didnt want to muss a chance for a profit just in case it goes
back under $400 again. But now its almost 450! dam it lol

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