Why You Should Never Sell Your Bitcoins Ever

[Chrismeister]

That is true, you should never sell your Bitcoins, wait what, no that is not true. If you are dumb enough to buy Bitcoins and then never sell them, you are just plain stupid. Sell your Bitcoins, buy things with them, that was the reason that Bitcoin was made. To be used.

So you will not sell your bitcoins if the price reach 100k? That's naive. Everybody would sell at least a part of their bitcoin.
So no I will sell my bitcoins (or better yet, use them for purchases) eventually)

I do not agree with this, you have to sell your coins at one point if you want to make money with it. What is the use of it if you do not even want to cash in your coins something must be wrong with you then.

[newcoins1978]

Yes Bitcoin is like a long term investment and have proven to give very very good returns in long term and more profitable than gold.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.

It is not like Bitcoin is a long term investment, people only see it that way. It is not garunteed that in the future the price is going to what most people are expecting it to be. I am just going to wait and see what will happen.

[jamesl22]

Yes Bitcoin is like a long term investment and have proven to give very very good returns in long term and more profitable than gold.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.

It is not like Bitcoin is a long term investment, people only see it that way. It is not garunteed that in the future the price is going to what most people are expecting it to be. I am just going to wait and see what will happen.

Don't wait too long as you never know what will happen in future, if you see higher price then you should sell some of them and make profits and buy again when price falls.

[bamboylee]

I will not only sell if bitcoin if it can be used as easily as fiat. That means, if I can buy candies on the streets using the bitcoin I have on my mobile wallet. Otherwise, I will still need to convert it to fiat even if the price reaches 10000$.  Even if you say it is counter productive, it still be a necessity to convert or sell bitcoin. Not all, but some will still be converted to fiat.

[randy8777]

Yes Bitcoin is like a long term investment and have proven to give very very good returns in long term and more profitable than gold.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.

It is not like Bitcoin is a long term investment, people only see it that way. It is not garunteed that in the future the price is going to what most people are expecting it to be. I am just going to wait and see what will happen.

Don't wait too long as you never know what will happen in future, if you see higher price then you should sell some of them and make profits and buy again when price falls.

some people tend to wait too long before securing profits, that's their problem. easy solution to that is using stop loss orders. that way you will never miss out on your aimed profits. that's how i do it and it works perfectly fine for me.

[coinyard]

some people tend to wait too long before securing profits, that's their problem. easy solution to that is using stop loss orders. that way you will never miss out on your aimed profits. that's how i do it and it works perfectly fine for me.

The stop loss order can be triggered by some ill intention people, and cause a big drop in the stock price.

[socks435]

Yes Bitcoin is like a long term investment and have proven to give very very good returns in long term and more profitable than gold.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.

It is not like Bitcoin is a long term investment, people only see it that way. It is not garunteed that in the future the price is going to what most people are expecting it to be. I am just going to wait and see what will happen.

Don't wait too long as you never know what will happen in future, if you see higher price then you should sell some of them and make profits and buy again when price falls.

some people tend to wait too long before securing profits, that's their problem. easy solution to that is using stop loss orders. that way you will never miss out on your aimed profits. that's how i do it and it works perfectly fine for me.

I think even we dont know what will happen in the future some of my bitcoin stay at my wallet because i know it will be useful in the future.,.. we see that some store now are accepting bitcoin as payment just like brazil 150 stores right now are accepting bitcoin as payment.. and i think it will happen too in other countries..

[fkvidar]

Yes Bitcoin is like a long term investment and have proven to give very very good returns in long term and more profitable than gold.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.

It is not like Bitcoin is a long term investment, people only see it that way. It is not garunteed that in the future the price is going to what most people are expecting it to be. I am just going to wait and see what will happen.

Don't wait too long as you never know what will happen in future, if you see higher price then you should sell some of them and make profits and buy again when price falls.

some people tend to wait too long before securing profits, that's their problem. easy solution to that is using stop loss orders. that way you will never miss out on your aimed profits. that's how i do it and it works perfectly fine for me.

I think even we dont know what will happen in the future some of my bitcoin stay at my wallet because i know it will be useful in the future.,.. we see that some store now are accepting bitcoin as payment just like brazil 150 stores right now are accepting bitcoin as payment.. and i think it will happen too in other countries..

Yeah we will be seeing many more stores in future and also many countries will welcome bitcoin in future and if you are earning it then you should spend it too.

[Hatuferu]

Yes Bitcoin is like a long term investment and have proven to give very very good returns in long term and more profitable than gold.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.

It is not like Bitcoin is a long term investment, people only see it that way. It is not garunteed that in the future the price is going to what most people are expecting it to be. I am just going to wait and see what will happen.

Don't wait too long as you never know what will happen in future, if you see higher price then you should sell some of them and make profits and buy again when price falls.

some people tend to wait too long before securing profits, that's their problem. easy solution to that is using stop loss orders. that way you will never miss out on your aimed profits. that's how i do it and it works perfectly fine for me.

I think even we dont know what will happen in the future some of my bitcoin stay at my wallet because i know it will be useful in the future.,.. we see that some store now are accepting bitcoin as payment just like brazil 150 stores right now are accepting bitcoin as payment.. and i think it will happen too in other countries..

Yeah we will be seeing many more stores in future and also many countries will welcome bitcoin in future and if you are earning it then you should spend it too.

I agree so we must be positive here and trust bitcoins as if it will succeed more in the future we will be benefited on it. I am keeping some but I will selling some of it when I see some profits on doing it.

[eddyubachs]

Yes Bitcoin is like a long term investment and have proven to give very very good returns in long term and more profitable than gold.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.

It is not like Bitcoin is a long term investment, people only see it that way. It is not garunteed that in the future the price is going to what most people are expecting it to be. I am just going to wait and see what will happen.

Don't wait too long as you never know what will happen in future, if you see higher price then you should sell some of them and make profits and buy again when price falls.

some people tend to wait too long before securing profits, that's their problem. easy solution to that is using stop loss orders. that way you will never miss out on your aimed profits. that's how i do it and it works perfectly fine for me.

I think even we dont know what will happen in the future some of my bitcoin stay at my wallet because i know it will be useful in the future.,.. we see that some store now are accepting bitcoin as payment just like brazil 150 stores right now are accepting bitcoin as payment.. and i think it will happen too in other countries..

Yeah we will be seeing many more stores in future and also many countries will welcome bitcoin in future and if you are earning it then you should spend it too.

I agree so we must be positive here and trust bitcoins as if it will succeed more in the future we will be benefited on it. I am keeping some but I will selling some of it when I see some profits on doing it.

That's the perfect way to treat your coins, if you see higher price then you should sell some of them and earn profits and rest hold for the future.

[Corenin]

Yes Bitcoin is like a long term investment and have proven to give very very good returns in long term and more profitable than gold.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.

It is not like Bitcoin is a long term investment, people only see it that way. It is not garunteed that in the future the price is going to what most people are expecting it to be. I am just going to wait and see what will happen.

Don't wait too long as you never know what will happen in future, if you see higher price then you should sell some of them and make profits and buy again when price falls.

some people tend to wait too long before securing profits, that's their problem. easy solution to that is using stop loss orders. that way you will never miss out on your aimed profits. that's how i do it and it works perfectly fine for me.

I think even we dont know what will happen in the future some of my bitcoin stay at my wallet because i know it will be useful in the future.,.. we see that some store now are accepting bitcoin as payment just like brazil 150 stores right now are accepting bitcoin as payment.. and i think it will happen too in other countries..

Yeah we will be seeing many more stores in future and also many countries will welcome bitcoin in future and if you are earning it then you should spend it too.

I agree so we must be positive here and trust bitcoins as if it will succeed more in the future we will be benefited on it. I am keeping some but I will selling some of it when I see some profits on doing it.

That's the perfect way to treat your coins, if you see higher price then you should sell some of them and earn profits and rest hold for the future.

I am doing the same, if its giving me some profits then I don't hesitate in selling it as I believe in making small profits on regular basis and its perfectly working for me.

[Farma]

bitcoin prices are now slightly down, better keep bitcoin we have, do not panic. This is only temporary, and bitcoin prices will certainly rise again, trust me and do not sell your coins

[fkvidar]

bitcoin prices are now slightly down, better keep bitcoin we have, do not panic. This is only temporary, and bitcoin prices will certainly rise again, trust me and do not sell your coins

Yeah, just hold it for while, do not sell now thinking that price will not rise in future, and you sell now then you are surely playing with your profits, sell when your are making some profits from it.

[bamboylee]

Yes Bitcoin is like a long term investment and have proven to give very very good returns in long term and more profitable than gold.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.

It is not like Bitcoin is a long term investment, people only see it that way. It is not garunteed that in the future the price is going to what most people are expecting it to be. I am just going to wait and see what will happen.

Don't wait too long as you never know what will happen in future, if you see higher price then you should sell some of them and make profits and buy again when price falls.

some people tend to wait too long before securing profits, that's their problem. easy solution to that is using stop loss orders. that way you will never miss out on your aimed profits. that's how i do it and it works perfectly fine for me.

But I think they are not using investment software or trading platforms that have stop orders. I think they are investing by buying and storing them on their wallet. And stop orders are subjective. You may be over or under estimate and it may execute only to bounce back.

[BitHodler]

bitcoin prices are now slightly down, better keep bitcoin we have, do not panic. This is only temporary, and bitcoin prices will certainly rise again, trust me and do not sell your coins

The price isn't really down as it has been moving within the $420 to $450 range for quite some time.

As long as the price remains moving between these price levels there is nothing to worry about.

[BitcoinPaw]

I think that's not selling of bitcoins will bring for people bad news when it's drop to 50$ or 20$ in 10 years maybe. Better to make money and leave than hold till money dissapear

[phreaky]

You should never sell your bitcoins due to the future it has, I think that its not smart at all, its just a matter of time before the bitcoin is going to a higher amount.

[Boosterious]

You should never sell your bitcoins due to the future it has, I think that its not smart at all, its just a matter of time before the bitcoin is going to a higher amount.

that right,the point of this thread will be appear on future,good reason fot not sell our coins is future price,and future movement. we all never know what gonna happen next year with bitcoin price or bitcoin scalability,so its better to not spent your bitcoin.

[pocarime32]

You should never sell your bitcoins due to the future it has, I think that its not smart at all, its just a matter of time before the bitcoin is going to a higher amount.

that right,the point of this thread will be appear on future,good reason fot not sell our coins is future price,and future movement. we all never know what gonna happen next year with bitcoin price or bitcoin scalability,so its better to not spent your bitcoin.

Yeah, i always sell my bitcoins though, because i always need money and i sell my bitcoin. I think i can't do that, never sell my bitcoins. Maybe later, when i want invest on bitcoins.

[richardsNY]

You should never sell your bitcoins due to the future it has, I think that its not smart at all, its just a matter of time before the bitcoin is going to a higher amount.

that right,the point of this thread will be appear on future,good reason fot not sell our coins is future price,and future movement. we all never know what gonna happen next year with bitcoin price or bitcoin scalability,so its better to not spent your bitcoin.

That's why I have different wallets that each serves a different purpose. My cold wallet coins will most likely remain in my wallet for another few years, and the coins that I have in my "fun" wallet are meant for sending and receiving transactions, and spending on things or to cash out if I want to buy something that can't be bought with Bitcoin.