Why You Should Never Sell Your Bitcoins Ever

[BeGoods]

Right now the price is not too high, so if you sell at a moment you won't get benefited, but if you have bought your bitcoins at the $250 mark, then you are already into profits, if you sell at a moment you still enjoy profits, but holding right now can proved to be more profitable in future.

Yes, but it doesn't mean that we will never sell our bitcoins, I would sell if I am earning profits out of it even tomorrow, rather then waiting for next 10 years, as the price fluctuation is a continuous process when it comes to bitcoins.

correct. if we want to wait more patiently maybe we can get more profit but if you buy a bitcoin is below of the current price right now I would sell now, though profit not so great, I can buy again next day or two, because bitcoin is very volatile

[jkrules]

Right now the price is not too high, so if you sell at a moment you won't get benefited, but if you have bought your bitcoins at the $250 mark, then you are already into profits, if you sell at a moment you still enjoy profits, but holding right now can proved to be more profitable in future.

Yes, but it doesn't mean that we will never sell our bitcoins, I would sell if I am earning profits out of it even tomorrow, rather then waiting for next 10 years, as the price fluctuation is a continuous process when it comes to bitcoins.

correct. if we want to wait more patiently maybe we can get more profit but if you buy a bitcoin is below of the current price right now I would sell now, though profit not so great, I can buy again next day or two, because bitcoin is very volatile

Exactly, that is the perfect way to multiply your bitcoins and also you can earn a good profit out of it, as only holding will not serve the purpose, you need to keep bitcoins moving into market, then only the price will go high.

[newcoins1978]

You should not sell your bitcoins at all.
This is because the bitcoin is the future of all currency's.
Also the bitcoin will rise soon or later to a high price.

[kanazawa]

Yeh, I sold my BTC to pay my bills twice and I regret a lot for that... I think ~5.6BTC in the first time and ~6.8BTC in the second time...

In the beginning 2014 I was mining ~0.1 (I think) each day -- mining with a two S1... I don't know exactly because I don't have the record, but I was having good profits, very good I mean, much more than with some sort of miner which has the same price of them in these days.... So, I won't sell BTC anymore, and now I'm exchanging my currency for BTC at the maximum that I can. I think this ~U$374 is a very very goood price to buy BTC

 

[kartaggen]

At present selling is not profitable as the price is not too high, you need to hold it for atleast next 3 months, as the price would be much higher in next 3 months, so I am holding and will sell it after halving is done.

[shogdite]

You should not sell your bitcoins at all.
This is because the bitcoin is the future of all currency's.
Also the bitcoin will rise soon or later to a high price.

If you believe there is going to be a bit of chaos in the next few months it will be a good time to sell some of your stash to short the market,risky but will more than likely pay off as there is bound to be a shake before the great halving pump that everyone is expecting. Btc is not going to be the future of all currencies but hopefully it will live a longside the currencies of the future.To answer op i will only sell in the attempt to earn more, sooner or later your scenario will happen and it will not be worth selling Btc for worthless inflated fiat.

[kacak41]

I will surely sell my bitcoins if I am earning profits at a moment, I don't have  patience to wait for many years, but just waiting that it reaches $500 so that I can sell my bitcoins and enjoy the profits as I bought it when the price was $250.

[blackmachinegun]

You should never do it because there is a good future a head for the bitcoin.
I think the bitcoin will rise to a high amount soon or later.

it does not mean we should not sell our bitcoin now. it is okay. when you need the money or to state something important you could sell,
but I would prioritize our bitcoin to be save in future

[angryrob]

You should never do it because there is a good future a head for the bitcoin.
I think the bitcoin will rise to a high amount soon or later.

it does not mean we should not sell our bitcoin now. it is okay. when you need the money or to state something important you could sell,
but I would prioritize our bitcoin to be save in future

Yeah holding is good, but if you need money at the time of emergencies, do not hesitate in selling your bitcoins and converting it to fiat, as we all know that bitcoin price is not stable we can re buy in future when price falls down.

[JAyThaRevo]

I am waiting for next block halving and I hope that price will go higher after halving so would sell all my coins at that time, and again buy when price drops down, as selling at a moment is not a great idea I guess.

[chennan]

I am waiting for next block halving and I hope that price will go higher after halving so would sell all my coins at that time, and again buy when price drops down, as selling at a moment is not a great idea I guess.

That's true, but how can you be sure that price will climb up after halving? Nothing is guaranteed, so its better you sell your bitcoins if you are earning a little profit out of it and again buy when price drops down.

Yeah, honestly I don't see how people can have this safe and comfy view point on how the Bitcoin market works... There are a lot of factors that go into price speculation, and honestly I think people are starting to realize that there are big problems going on with Bitcoin core infrastructure which is the block chain and the block size debates. There are some other factors, but I think this is a very big one.

[goinmerry]

Yeh, I sold my BTC to pay my bills twice and I regret a lot for that... I think ~5.6BTC in the first time and ~6.8BTC in the second time...

In the beginning 2014 I was mining ~0.1 (I think) each day -- mining with a two S1... I don't know exactly because I don't have the record, but I was having good profits, very good I mean, much more than with some sort of miner which has the same price of them in these days.... So, I won't sell BTC anymore, and now I'm exchanging my currency for BTC at the maximum that I can. I think this ~U$374 is a very very goood price to buy BTC

 

I feel you here man. I sold some for paying some. But it is okay. We are working for that purpose and we should use it. Different people here have different usage of bitcoin. And our side we use it to pay some bills and that is cool because we are using it in a convenient way.

[praprata]

You should never sell your bitcoins, because the bitcoin has a bright future a head.
Also the bitcoin will rise soon or later so that's a really good reason to not sell them.

[romero121]

The more you hold the more profit you get over the coming years. In a short term of just seven years it had profited most who had learned and adopted it. So surely it won't fail which is the reason not to sell bitcoin ever.

[Bitcoinbro]

Well there is ever a time to sell. But in this case, it is still a long time.

Because the value is in fact now very low.

I think it would be wiser if you wait.

[reputedchain]

Well there is ever a time to sell. But in this case, it is still a long time.

Because the value is in fact now very low.

I think it would be wiser if you wait.

Exactly, this is not the right time to sell but to wait for next couple of months, as the price might climb up in coming few months and that would be the best time to sell and earn some more profits.

[Anddos]

Well if you never sell it then what's the point? Just hoarding it? You can't take it with you after you die. Money is to be spent.

[1Referee]

Well if you never sell it then what's the point? Just hoarding it? You can't take it with you after you die. Money is to be spent.

I get your point, the title is a bit misleading. OP means that we should use Bitcoin solely as currency to buy stuff with our coins instead of converting them to our fiat currencies. I totally agree with the fact that we should spend our coins more, but I am also a person that finds that people are free to use Bitcoin the way they want. If they want to convert their coins to fiat, then no problem. I don't mind it. Bitcoin is a free market.

[Dagmon]

I get your point, the title is a bit misleading. OP means that we should use Bitcoin solely as currency to buy stuff with our coins instead of converting them to our fiat currencies. I totally agree with the fact that we should spend our coins more, but I am also a person that finds that people are free to use Bitcoin the way they want. If they want to convert their coins to fiat, then no problem. I don't mind it. Bitcoin is a free market.

That is what I do. I do not sell any bitcoin. I just use the coins to buy things I need to use. I do not pay with fiat.

[KiwiParty]

I get your point, the title is a bit misleading. OP means that we should use Bitcoin solely as currency to buy stuff with our coins instead of converting them to our fiat currencies. I totally agree with the fact that we should spend our coins more, but I am also a person that finds that people are free to use Bitcoin the way they want. If they want to convert their coins to fiat, then no problem. I don't mind it. Bitcoin is a free market.

That is what I do. I do not sell any bitcoin. I just use the coins to buy things I need to use. I do not pay with fiat.

not before stores like amazon use btc as payment method. atm you have not much options but exchanges.