Why You Should Never Sell Your Bitcoins Ever

[nejibens]

There will be of course a time to sell your coins. And that is the best option. You must sell it when the price is high.
Than you can have some more money and that will be good. But you need patience and that is very important.

I think the Bitcoins holders have to expect some level of price or some percentage of profit to sell their coins and not only waiting and expecting the highest price, that's a little bit risky

[y8tvkid]

There will be of course a time to sell your coins. And that is the best option. You must sell it when the price is high.
Than you can have some more money and that will be good. But you need patience and that is very important.

I think the Bitcoins holders have to expect some level of price or some percentage of profit to sell their coins and not only waiting and expecting the highest price, that's a little bit risky

Yes, and if everyone just keep on holding and not selling it, then it would be really bad for bitcoin eco system as it will not allow bitcoin to reach at the higher level.

[expert4knowledge]

There will be of course a time to sell your coins. And that is the best option. You must sell it when the price is high.
Than you can have some more money and that will be good. But you need patience and that is very important.

Yes, there will be a time for selling but I emphasize that no one knows when is that time and it might be current time!

[n0ne]

There will be of course a time to sell your coins. And that is the best option. You must sell it when the price is high.
Than you can have some more money and that will be good. But you need patience and that is very important.

Yes, there will be a time for selling but I emphasize that no one knows when is that time and it might be current time!

If you consider bitcoin earning as a investment, then you could never think of the price for a long time. Often if used as fiat, any time looks to be good for selling. The reason is one on the other he won't get a chance to exchange if he holds for increased price.

[CryptoBjorn]

Well you should never sell your bitcoins because  the halving is coming and the bitcoin will increase in his price.
Also think about the fact the bitcoin is getting bigger everyday.

Holding till halving is good, but don't hold it for longer period of time as you never know that would be the price in future, if the price drops then you can loose your profits, sell when the price is good.

Hold and sell as suggested is a good option, but if the Bitcoin is you are not into making profit just hold it. Soon in the future when adoption of Bitcoin reach certain limit Bitcoin might get circulated in physical form, at that time you can use.

There must be a time that you must sell your coins otherwise you wont get money later and that is not good.
Just sell it when you think that it will be a very good price to sell it. That will be also good for you.

[GermanFoobla]

Well you should never sell your bitcoins because  the halving is coming and the bitcoin will increase in his price.
Also think about the fact the bitcoin is getting bigger everyday.

Holding till halving is good, but don't hold it for longer period of time as you never know that would be the price in future, if the price drops then you can loose your profits, sell when the price is good.

Hold and sell as suggested is a good option, but if the Bitcoin is you are not into making profit just hold it. Soon in the future when adoption of Bitcoin reach certain limit Bitcoin might get circulated in physical form, at that time you can use.

There must be a time that you must sell your coins otherwise you wont get money later and that is not good.
Just sell it when you think that it will be a very good price to sell it. That will be also good for you.

You are right indeed. There is a time that you have to sell your coins that is pretty logic. Other wise you can make money.
So wait for a good value and that you will sell it, but patience is very important I think.

[expert4knowledge]

There will be of course a time to sell your coins. And that is the best option. You must sell it when the price is high.
Than you can have some more money and that will be good. But you need patience and that is very important.

Yes, there will be a time for selling but I emphasize that no one knows when is that time and it might be current time!

If you consider bitcoin earning as a investment, then you could never think of the price for a long time. Often if used as fiat, any time looks to be good for selling. The reason is one on the other he won't get a chance to exchange if he holds for increased price.

]
It seems a rather good policy meaning that sell and buy frequently bitcoin but with considering some rules.

[JessicaSe]

Not the profitable price to sell, will hold for the future as I have faith that the price would be much higher at the time of halving so can afford to wait till then and not selling at a lower price.

[diegz]

Not the profitable price to sell, will hold for the future as I have faith that the price would be much higher at the time of halving so can afford to wait till then and not selling at a lower price.

Well, if you found no other use for your bitcoin at this moment, it would be better to just keep it in your wallet idle and wait for the price increase in the coming months... But you could still go short term this time..

[CryptoBjorn]

Not the profitable price to sell, will hold for the future as I have faith that the price would be much higher at the time of halving so can afford to wait till then and not selling at a lower price.

Well, if you found no other use for your bitcoin at this moment, it would be better to just keep it in your wallet idle and wait for the price increase in the coming months... But you could still go short term this time..

A part of my unused bitcoins are safe in my wallet. The rest i used for trading. Hoping to grow them.
Reason why is simple. I think the chance the price willl increase the next coming years is very big. So I am holding my coins.

[SquallLeonhart]

Not the profitable price to sell, will hold for the future as I have faith that the price would be much higher at the time of halving so can afford to wait till then and not selling at a lower price.

Well, if you found no other use for your bitcoin at this moment, it would be better to just keep it in your wallet idle and wait for the price increase in the coming months... But you could still go short term this time..

A part of my unused bitcoins are safe in my wallet. The rest i used for trading. Hoping to grow them.
Reason why is simple. I think the chance the price willl increase the next coming years is very big. So I am holding my coins.

Holding for future can be profitable if the price goes up but its always recommended to keep on spending your coins, I spend it when I need money but majority of them I am holding till the halving.

[starbook]

Well most people are with the same thinking holding till the halving,but when would be the right moment to sell the bitcoins,when the price hit 500 or wait the bitcoin halving moment to finish the correction into the value of bitcoin.If bitcoin hit 800 dollars at halving several will dump their coins into it.

[socks435]

Well most people are with the same thinking holding till the halving,but when would be the right moment to sell the bitcoins,when the price hit 500 or wait the bitcoin halving moment to finish the correction into the value of bitcoin.If bitcoin hit 800 dollars at halving several will dump their coins into it.

For some traders they can still want to make a profit that's why the price still playing around 500-700 and i think after halving its can't affect very fast we will wait more months before the price can affect or gradually effect for the bitcoin price..
Yeah if they reach the goal that the price will increase to high around 500-700 i think more people will sell so that the price will be back again just like today's price..

[chaosknight]

Well most people are with the same thinking holding till the halving,but when would be the right moment to sell the bitcoins,when the price hit 500 or wait the bitcoin halving moment to finish the correction into the value of bitcoin.If bitcoin hit 800 dollars at halving several will dump their coins into it.

But that would be a good price to sell if the value reaches there and it is recommended to sell you bitcoins and why you would hesitateif the price is giving you some good profits.

[Corenin]

Well most people are with the same thinking holding till the halving,but when would be the right moment to sell the bitcoins,when the price hit 500 or wait the bitcoin halving moment to finish the correction into the value of bitcoin.If bitcoin hit 800 dollars at halving several will dump their coins into it.

But that would be a good price to sell if the value reaches there and it is recommended to sell you bitcoins and why you would hesitateif the price is giving you some good profits.

Yes i think if bitcoin price is good then you should keep on selling and start making money out of it as holdling too long can be unprofitable in long run if the price drops extremely so again you need to wait until it rise.

[kanazawa]

If you hold your btc for a long time, maybe it will worth less than when you would won it, and if the "effort" stills the same (unless for miners), you'll lose, because, time is money, and you're privating yourself of using it when it has the same value that something you wanted or needed. I mean, maybe you win/pay some BTC today, and you need to pay some bills... you need the money, and the btc value today is U$412. After a year, the "difficulty" to win the same BTC could be the same, but you paid your bills, and some guys are keeping BTC and are making loans, just to hold the maximum BTC they can, but the interest don't worth and the convenience to pay your bills worth a lot, even if you use your precious coin, nothing guarantees you that BTC will be costing more than it is today. I don't know if I'm clear, but the conversation is something like this (in this way at least). Won't be too long. That's it.  

[Bit_Happy]

Reading the responses to the recent topic titled, "I would sell all my bitcoins if…." has left me concerned.

The kinds of responses on that thread reveal a deep misunderstanding of bitcoin and the current monetary system in many of those who are speculating. Let's consider the scenario in which bitcoin reaches $1000 or let's say $10,000 per bitcoin. Many have said they will cash out if bitcoin reaches this point. Why??

If bitcoin reaches $10,000 it will have to be because the fiat currencies of the world are tumbling to worthlessness via a hyperinflation type scenario and bitcoin is the safe haven, which if you know anything about the current monetary systems of the world, you know this is inevitable. (there have been 3800 fiat currencies throughout history and EVERY SINGLE LAST ONE has crashed to worthlessness; a value of zero) Why would you then sell all of your sound money (Bitcoin) for a bunch of fiat money that is inevitably becoming worthless? I don't understand the logic in doing that.

If bitcoin ever reaches $10,000 per bitcoin, you will NEVER see me selling for fiat paper money. You may however see me having a shopping spree at Overstock.com or TigerDirect.com or NewEgg.com! I will be buying things I want with my bitcoin profits DIRECTLY WITH BITCOIN, not selling my bitcoin for paper fiat. Hopefully by then there will be many more options, perhaps even Amazon.com will be accepting bitcoin for goods and I can have my shopping spree there.

Point being, selling bitcoin for dollars seems counterproductive. Why convert your paper fiat currency into sound value storing superior bitcoin, only to sell all of your superior bitcoin back for worthless antiquated fiat currency again? Why not just spend the bitcoin itself to buy what you want instead of taking a loss by converting back into dollars which will inflate away eventually anyway?

Selling at least part of your BTC near the top of huge rallies (to buy back cheaper) can be an extremely profitable approach.
Also, as fiat gets weaker paying attention to the BTC/gold prices will give valuable clues about the "real price" of Bitcoin.

[Kingno.1]

I never sell my bitcoins.
I usually purchase goods /services when price is high.
Mostly they are spent for mobile recharge and purchasing clothes.

[praprata]

You should never sell your bitcoins because the bitcoin are worth a lot if you ask me, the fact is that the will gonna increase in the price for sure.
The halving is also coming this year!

[Divinespark]

I have only invested that which I am prepared to lose and that which I don't need.
My holding horizon is 5-10 years. Lets see what happens!