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Author Topic: Why You Should Never Sell Your Bitcoins Ever  (Read 270080 times)
coinyard
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February 20, 2016, 08:43:50 PM
 #601


if you believe bitcoin prices will be higher than today. you have to say it, and be patient for it

I believe the bitcoin price will one thousand folds of present value. So I am patient and hold my coin.

Laosai
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February 20, 2016, 09:08:13 PM
 #602

Just a reminder -> factual Speculation: Owning 1 whole BTC will be completely unheard of by 2020..

1,000,000 people = 21 BTC -> (every 1 person is 21 BTC)

1 person = 21,000,000 BTC
10 people = 2,100,000 BTC
100 people = 210,000 BTC
1,000 people = 21,000 BTC
10,000 people = 2,100 BTC
100,000 people = 210 BTC
1,000,000 people = 21 BTC
10,000,000 people = 2.1 BTC
100,000,000 people = 0.21 BTC
1,000,000,000 people = 0.021 BTC
10,000,000,000 people = 0.0021 BTC




I'm almost convinced that powerless people (new Bitcoiners) can't buy bitcoins in future, very difficult to getting 1 full Bitcoin!
Edit: no worries about 2MB situation etc... Group devs and co has survived it all..  Wink

If you say so ^^

I'm not sure btc will be adopted enough to do so!

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February 20, 2016, 09:13:00 PM
 #603


if you believe bitcoin prices will be higher than today. you have to say it, and be patient for it

I believe the bitcoin price will one thousand folds of present value. So I am patient and hold my coin.

Nothing is guaranteed for sure, you keep on waiting too long and end up loosing everything if the price drops down to minimum, so it is advisable to sell your coins when you are earning some profit out of it.
coinyard
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February 21, 2016, 08:37:54 PM
 #604

Never sell your bitcoins. Never. Because that's why you have money. To never use it. Smart idea.

I think it is a good idea to hold some of the bitcoin and use some. if we do not use it, the bitcoin has no value.

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February 21, 2016, 11:10:29 PM
 #605

Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

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February 22, 2016, 02:19:25 AM
 #606

if the price movement continue like this. trend up. I would not sell until prices become stable
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February 22, 2016, 05:58:33 AM
 #607

Just a reminder -> factual Speculation: Owning 1 whole BTC will be completely unheard of by 2020..

1,000,000 people = 21 BTC -> (every 1 person is 21 BTC)

1 person = 21,000,000 BTC
10 people = 2,100,000 BTC
100 people = 210,000 BTC
1,000 people = 21,000 BTC
10,000 people = 2,100 BTC
100,000 people = 210 BTC
1,000,000 people = 21 BTC
10,000,000 people = 2.1 BTC
100,000,000 people = 0.21 BTC
1,000,000,000 people = 0.021 BTC
10,000,000,000 people = 0.0021 BTC




I'm almost convinced that powerless people (new Bitcoiners) can't buy bitcoins in future, very difficult to getting 1 full Bitcoin!
Edit: no worries about 2MB situation etc... Group devs and co has survived it all..  Wink
it means that the more users, the price of bitcoin will further increase. I will wait for that day

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February 24, 2016, 01:15:55 PM
 #608

Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

If some people want to use the coin, they can still buy from the exchanges and use them, but the price will be higher.
expert4knowledge
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February 25, 2016, 09:54:21 AM
 #609

Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

If some people want to use the coin, they can still buy from the exchanges and use them, but the price will be higher.
There is a possibility for decreasing prices and in that time the guys who hold all of their bitcoins will not benefit it.

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Laosai
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February 25, 2016, 10:54:54 AM
 #610

You know, considering the attacks on btc and the number of things happening right now, I'd understand people who sell massively :-/

jokerrj
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February 25, 2016, 11:32:36 AM
 #611

Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

If some people want to use the coin, they can still buy from the exchanges and use them, but the price will be higher.
There is a possibility for decreasing prices and in that time the guys who hold all of their bitcoins will not benefit it.

Yeah, its better to keep on spending our bitcoins on regular basis, do not wait too long for price hike as we are not sure where bitcoin will reach in future, if there is a little pump we should sell our bitcoins.

Looking for a long term signature campaign. Pm me
expert4knowledge
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February 25, 2016, 12:19:08 PM
 #612

Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

If some people want to use the coin, they can still buy from the exchanges and use them, but the price will be higher.
There is a possibility for decreasing prices and in that time the guys who hold all of their bitcoins will not benefit it.

Yeah, its better to keep on spending our bitcoins on regular basis, do not wait too long for price hike as we are not sure where bitcoin will reach in future, if there is a little pump we should sell our bitcoins.
Maybe people need to sell some of bitcoin and not all of it when there is volatility. However in other markets when prices are unstable, professionals usually do not do deal.


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kartaggen
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February 25, 2016, 12:21:13 PM
 #613

I don't think that I will keep my bitcoins idle forever, I mean it would be useless to keep on holding without using it, we are earning bitcoins so that we can spend some day, So If price goes higher I would definitely sell my coins.
bitcoin-hunter
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February 25, 2016, 01:19:11 PM
 #614

Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

If some people want to use the coin, they can still buy from the exchanges and use them, but the price will be higher.
There is a possibility for decreasing prices and in that time the guys who hold all of their bitcoins will not benefit it.

Yeah, its better to keep on spending our bitcoins on regular basis, do not wait too long for price hike as we are not sure where bitcoin will reach in future, if there is a little pump we should sell our bitcoins.
Maybe people need to sell some of bitcoin and not all of it when there is volatility. However in other markets when prices are unstable, professionals usually do not do deal.


Ofcourse there will be a time that you can sell the coins. But you must sell it for a good value and price.
Otherwise you dont get profit and that wont be good. Just wait and sell it with a value that has rise for a long time. So have patience.
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February 25, 2016, 01:38:06 PM
 #615

Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

If some people want to use the coin, they can still buy from the exchanges and use them, but the price will be higher.
There is a possibility for decreasing prices and in that time the guys who hold all of their bitcoins will not benefit it.

Yeah, its better to keep on spending our bitcoins on regular basis, do not wait too long for price hike as we are not sure where bitcoin will reach in future, if there is a little pump we should sell our bitcoins.
Maybe people need to sell some of bitcoin and not all of it when there is volatility. However in other markets when prices are unstable, professionals usually do not do deal.


Ofcourse there will be a time that you can sell the coins. But you must sell it for a good value and price.
Otherwise you dont get profit and that wont be good. Just wait and sell it with a value that has rise for a long time. So have patience.

But you cannot be sure that what is the best price to sell, if today the price is $1k you sell it, and the next day the price reaches to $2k and you regret.
expert4knowledge
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February 25, 2016, 02:16:49 PM
 #616

Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

If some people want to use the coin, they can still buy from the exchanges and use them, but the price will be higher.
There is a possibility for decreasing prices and in that time the guys who hold all of their bitcoins will not benefit it.

Yeah, its better to keep on spending our bitcoins on regular basis, do not wait too long for price hike as we are not sure where bitcoin will reach in future, if there is a little pump we should sell our bitcoins.
Maybe people need to sell some of bitcoin and not all of it when there is volatility. However in other markets when prices are unstable, professionals usually do not do deal.


Ofcourse there will be a time that you can sell the coins. But you must sell it for a good value and price.
Otherwise you dont get profit and that wont be good. Just wait and sell it with a value that has rise for a long time. So have patience.

But you cannot be sure that what is the best price to sell, if today the price is $1k you sell it, and the next day the price reaches to $2k and you regret.

Exactly that is the point! You can never ensure what is the best price and what is the right time for selling that's why make investment with negative and positive risks.

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February 25, 2016, 02:19:57 PM
 #617

Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

If some people want to use the coin, they can still buy from the exchanges and use them, but the price will be higher.
There is a possibility for decreasing prices and in that time the guys who hold all of their bitcoins will not benefit it.

Yeah, its better to keep on spending our bitcoins on regular basis, do not wait too long for price hike as we are not sure where bitcoin will reach in future, if there is a little pump we should sell our bitcoins.
Maybe people need to sell some of bitcoin and not all of it when there is volatility. However in other markets when prices are unstable, professionals usually do not do deal.


Ofcourse there will be a time that you can sell the coins. But you must sell it for a good value and price.
Otherwise you dont get profit and that wont be good. Just wait and sell it with a value that has rise for a long time. So have patience.

But you cannot be sure that what is the best price to sell, if today the price is $1k you sell it, and the next day the price reaches to $2k and you regret.

Exactly that is the point! You can never ensure what is the best price and what is the right time for selling that's why make investment with negative and positive risks.

Yeah and that is the reason people hesitate to invest their money into bitcoins, as they have a fear of loosing their money if the price drops down extremely, its all about luck after all.
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February 25, 2016, 05:49:00 PM
 #618


Yeah and that is the reason people hesitate to invest their money into bitcoins, as they have a fear of loosing their money if the price drops down extremely, its all about luck after all.

As long as you do not buy the bitcoin after the price shoot up 200%, you will make profit in the medium term.

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February 25, 2016, 05:57:19 PM
 #619

I would sell all my coins if the value reaches to $1k, that's the target I have in my mind, if it reaches to that level I would surely sell all my bitcoins, even if I have to wait long, I am ready for it.
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February 25, 2016, 06:37:29 PM
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Yeah and that is the reason people hesitate to invest their money into bitcoins, as they have a fear of loosing their money if the price drops down extremely, its all about luck after all.

As long as you do not buy the bitcoin after the price shoot up 200%, you will make profit in the medium term.
Of course there will be a time that you can also sell your coins. But you must wait for the right time. I hope later that more people will invest.
And that it will become more popular. Now it is time to buy Bitcoin not sell it the value is not so high now.
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