Why You Should Never Sell Your Bitcoins Ever

[agustina2]

The price of bitcoin will and must grow till 2020 if you able to save them now till there you will get a great result, as the halving at 2020 will make price hit 900-1000 dollars atleast, if there is no nothing new over this years.

$1,000 should be achieved in 2017, and in 2020 when it was supposed to happen again halving the price could be in the range of $1500-$2,000. maybe we'll get a surprise of bitcoin prices during a trip to 2020, I hope there are a lot of positive news about bitcoin, so prices continue to rise every year.

I don't mind if in 2017, $1000 price won't be achieved. I don't want a big fluctuations in just a short period of time. We need such good support to the entry level. Year of building support is not enough since the community are easily dragged when there is a bad news. Even for $20 price decrease many will do some dumping.

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[stromma44]

I don't think that I will sell my coins as this stage, price is  below $600 so not possible to make good profits from it, I will sell only when I see 4 digit price.

[takingthis4]

I don't think that I will sell my coins as this stage, price is  below $600 so not possible to make good profits from it, I will sell only when I see 4 digit price.

of course there is no need to sell your bitcoins at the moment, in my opinion that would be the same as just wasting your money you have right now

[eddyubachs]

I don't think that I will sell my coins as this stage, price is  below $600 so not possible to make good profits from it, I will sell only when I see 4 digit price.

of course there is no need to sell your bitcoins at the moment, in my opinion that would be the same as just wasting your money you have right now

Yup its better to wait for next few months to see the higher price of bitcoin and sell when price reaches to your expected level as only holding can be also risky if price drops in future.

[tabas]

I don't think that I will sell my coins as this stage, price is  below $600 so not possible to make good profits from it, I will sell only when I see 4 digit price.

of course there is no need to sell your bitcoins at the moment, in my opinion that would be the same as just wasting your money you have right now

Yup its better to wait for next few months to see the higher price of bitcoin and sell when price reaches to your expected level as only holding can be also risky if price drops in future.

It is better if you are just to keep on holding until the price is going to be good at your sight. That is what I'm doing now too, I'm holding and if the price is good to me then I am selling it immediately. But holding forever is not going to be a good decision at all, and even us people who are holding we are not helping for the adoption of bitcoin.

[agustina2]

I don't think that I will sell my coins as this stage, price is  below $600 so not possible to make good profits from it, I will sell only when I see 4 digit price.

of course there is no need to sell your bitcoins at the moment, in my opinion that would be the same as just wasting your money you have right now

Yup its better to wait for next few months to see the higher price of bitcoin and sell when price reaches to your expected level as only holding can be also risky if price drops in future.

It is better if you are just to keep on holding until the price is going to be good at your sight. That is what I'm doing now too, I'm holding and if the price is good to me then I am selling it immediately. But holding forever is not going to be a good decision at all, and even us people who are holding we are not helping for the adoption of bitcoin.

Exactly. Learn to sold some to get profits. Holding too much won't saved you. Remember that price fluctuates for really a big margin of price so you will just watched it and never do dumps? What if the price dips after that? You will wait again lol.

[mirakal]

I don't think that I will sell my coins as this stage, price is  below $600 so not possible to make good profits from it, I will sell only when I see 4 digit price.

of course there is no need to sell your bitcoins at the moment, in my opinion that would be the same as just wasting your money you have right now

Yup its better to wait for next few months to see the higher price of bitcoin and sell when price reaches to your expected level as only holding can be also risky if price drops in future.

It is better if you are just to keep on holding until the price is going to be good at your sight. That is what I'm doing now too, I'm holding and if the price is good to me then I am selling it immediately. But holding forever is not going to be a good decision at all, and even us people who are holding we are not helping for the adoption of bitcoin.

Exactly. Learn to sold some to get profits. Holding too much won't saved you. Remember that price fluctuates for really a big margin of price so you will just watched it and never do dumps? What if the price dips after that? You will wait again lol.

If you are an investor who prefer to hold a long term for your investment then just hold it. Do not be panic if there is a price crisis because that is normal to bitcoin and with some FUD in the community you will really be tempted to sell if your faith is not that strong enough to hold.

[greatr]

If the bitcoin price is double than what you bought them at,there is no harm in selling your coins and make some profit.There is highly unlikely that bitcoin price will become stable and you can always buy when price lowers

thats true, though unfortunately the price does not always grow when you buy your bitcoins so you might be losing your money either

[agustina2]

I don't think that I will sell my coins as this stage, price is  below $600 so not possible to make good profits from it, I will sell only when I see 4 digit price.

of course there is no need to sell your bitcoins at the moment, in my opinion that would be the same as just wasting your money you have right now

Yup its better to wait for next few months to see the higher price of bitcoin and sell when price reaches to your expected level as only holding can be also risky if price drops in future.

It is better if you are just to keep on holding until the price is going to be good at your sight. That is what I'm doing now too, I'm holding and if the price is good to me then I am selling it immediately. But holding forever is not going to be a good decision at all, and even us people who are holding we are not helping for the adoption of bitcoin.

Exactly. Learn to sold some to get profits. Holding too much won't saved you. Remember that price fluctuates for really a big margin of price so you will just watched it and never do dumps? What if the price dips after that? You will wait again lol.

If you are an investor who prefer to hold a long term for your investment then just hold it. Do not be panic if there is a price crisis because that is normal to bitcoin and with some FUD in the community you will really be tempted to sell if your faith is not that strong enough to hold.

What will you do if there's a $200 increase? Just watching it? And then the price decrease again at $200 margin.

What is the result? Time extension. If you are an investor you are eyeing for the profit not for a greed one. After that $200 margin decrease you can accumulate again some nice chips.

[torrentheaven]

If the bitcoin price is double than what you bought them at,there is no harm in selling your coins and make some profit.There is highly unlikely that bitcoin price will become stable and you can always buy when price lowers

thats true, though unfortunately the price does not always grow when you buy your bitcoins so you might be losing your money either

Price will go higher in future so if you invest now in bitcoins then you can expect good profits in future so I don't think there is any risk in investing money in it.

[Roger Burton]

I partially agree with OP but in the current situation we can't buy everything with Bitcoins. Eg I can't pay my rent with it so we have to cope both with fiat and Bitcoin

[Barbut]

Its not easy to pay everything with bitcoins, people still need cash to pay for many things. I know circulation of coins, buying things with bitcoins can make btc economy grow. Just what we to do when we need money? Is it better to sell some coins, or to go to borrow that money?
Time need to pass for bitcoin to be adopted in all shops and stores, and other places. Future will show how much strong bitcoin is, and can bitcoin hold world market on its back.

[SquallLeonhart]

Its not easy to pay everything with bitcoins, people still need cash to pay for many things. I know circulation of coins, buying things with bitcoins can make btc economy grow. Just what we to do when we need money? Is it better to sell some coins, or to go to borrow that money?
Time need to pass for bitcoin to be adopted in all shops and stores, and other places. Future will show how much strong bitcoin is, and can bitcoin hold world market on its back.

Right now the only option for us to spend  our bitcoins is to sell it to our local currency and then spend to buy anything but we should only sell when price is higher.

[agustina2]

If the bitcoin price is double than what you bought them at,there is no harm in selling your coins and make some profit.There is highly unlikely that bitcoin price will become stable and you can always buy when price lowers

thats true, though unfortunately the price does not always grow when you buy your bitcoins so you might be losing your money either

Price will go higher in future so if you invest now in bitcoins then you can expect good profits in future so I don't think there is any risk in investing money in it.

Although we have a good future in bitcoin, there is a risk in any investment so don't be satisfy if you have an active investment bitcoin. Learn also to make some nice strategy once the price suffers a tremendous movement or else you will putting yourself for really a long time of waiting to make profits.

[manselr]

I will only sell when selling 50% of my bitcoins retires me for life in a luxurious way, keeping the other 50%. So about 2025.

[goldcoinminer]

I will only sell when selling 50% of my bitcoins retires me for life in a luxurious way, keeping the other 50%. So about 2025.

I hope the price will increase in the future so we could retire with big profit, imagine if the price will increase at least x10 in the next 10 years then we will be rich already by that time. It is just a matter of patience by the way, and if we believe that price will increase it will really happen.

[outatime1]

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.

[goldcoinminer]

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.

You should have a balance use of your bitcoins to enjoy it, we cannot just hold forever because there is no guarantee that the price of bitcoin will continue to increase, though it is promising but still it is very risky to fully trust all your investment.

[dinda22]

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.

You should have a balance use of your bitcoins to enjoy it, we cannot just hold forever because there is no guarantee that the price of bitcoin will continue to increase, though it is promising but still it is very risky to fully trust all your investment.

yeah, let alone the future of bitcoin is uncertain, and there are no guarantees. if we think anything can happen on online investments in the future.
simply put not too much and take some profit on the trade is better than just kept holding I think.

[JessicaSe]

I agree that we should hold on to some of our bitcoins as a long term investment, but I don't see a problem with using some for investing and trading. Also, spending it can help promote bitcoin at places of business.

You should have a balance use of your bitcoins to enjoy it, we cannot just hold forever because there is no guarantee that the price of bitcoin will continue to increase, though it is promising but still it is very risky to fully trust all your investment.

yeah, let alone the future of bitcoin is uncertain, and there are no guarantees. if we think anything can happen on online investments in the future.
simply put not too much and take some profit on the trade is better than just kept holding I think.

Trading is good in compare to holding as only holding will never help you in growing your coins, but with trading its possible to multiply your coins regularly.