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Author Topic: Why You Should Never Sell Your Bitcoins Ever  (Read 270164 times)
maudevang
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October 14, 2016, 10:29:11 PM
 #1941

Selling is not a good thing and another fact is that with selling you are just making a little bit of profit, you can better wait on better prices to sell your bitcoin for.
Also the fact that the bitcoin can become the currency of the future makes it for me pretty simple that we should hold it.
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October 15, 2016, 04:30:49 AM
 #1942

Selling is not a good thing and another fact is that with selling you are just making a little bit of profit, you can better wait on better prices to sell your bitcoin for.
Also the fact that the bitcoin can become the currency of the future makes it for me pretty simple that we should hold it.
By holding it, you have a good chance to make good profit in the future but never selling it does not make sense. We have to sell our bitcoins by should be on the right timing and that right timing is when we are making profit when we sell. The future is good so we should put a decent amount of investment if we wanted to make a decent profit as well.

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October 15, 2016, 04:42:51 AM
 #1943

Selling is not a good thing and another fact is that with selling you are just making a little bit of profit, you can better wait on better prices to sell your bitcoin for.
Also the fact that the bitcoin can become the currency of the future makes it for me pretty simple that we should hold it.
By holding it, you have a good chance to make good profit in the future but never selling it does not make sense. We have to sell our bitcoins by should be on the right timing and that right timing is when we are making profit when we sell. The future is good so we should put a decent amount of investment if we wanted to make a decent profit as well.
Everyone certainly has a different purpose. I think it's not so bad if it doesn't ever sell and maybe the goal waiting for the price to go very high in the future. but for me, I will always sell my bitcoin whenever. I love to get advantage of the bitcoin and spend it for the my life.

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October 15, 2016, 06:31:15 AM
 #1944

Selling is not a good thing and another fact is that with selling you are just making a little bit of profit, you can better wait on better prices to sell your bitcoin for.
Also the fact that the bitcoin can become the currency of the future makes it for me pretty simple that we should hold it.

But, if you have made money trading, mining or whatever with Bitcoin, you can also sell them and invest in other websites, businesses or start your own.  Guys on localbitcoins and Paxful sell a single BTC for 150% its value.  Loan sites can return 125% on the investment and who knows where your own idea will go if you fuel it with the money you made from Bitcoins.
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October 15, 2016, 07:15:25 AM
 #1945

Selling is not a good thing and another fact is that with selling you are just making a little bit of profit, you can better wait on better prices to sell your bitcoin for.
Also the fact that the bitcoin can become the currency of the future makes it for me pretty simple that we should hold it.

But, if you have made money trading, mining or whatever with Bitcoin, you can also sell them and invest in other websites, businesses or start your own.  Guys on localbitcoins and Paxful sell a single BTC for 150% its value.  Loan sites can return 125% on the investment and who knows where your own idea will go if you fuel it with the money you made from Bitcoins.
Well, for sure we have different ideas we can do with our bitcoin, I have invested online and also use my earnings in the real life, I build a little store as our business and that alone already gives us a good income in a daily basis, I guess even how small your money but if you have the skills to grow it you would achieve your goal.

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subham1
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October 15, 2016, 07:19:53 AM
 #1946

For me its quiet different that i never hold my bitcoins because i do not believe in such a long term investement and i like to earn and generate profits in the present,and the common way to earn through bitcoins in trading where we have to keep buying and selling bitcoins all the time.
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October 15, 2016, 08:08:22 AM
 #1947

For me its quiet different that i never hold my bitcoins because i do not believe in such a long term investement and i like to earn and generate profits in the present,and the common way to earn through bitcoins in trading where we have to keep buying and selling bitcoins all the time.

Even if you are not a regular trader its always good to sell them when price is higher and allowing to make profits instead of holding them for long term as price may even fall in future and then to make profits we need to wait longer.
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October 15, 2016, 08:10:30 AM
 #1948

For me its quiet different that i never hold my bitcoins because i do not believe in such a long term investement and i like to earn and generate profits in the present,and the common way to earn through bitcoins in trading where we have to keep buying and selling bitcoins all the time.

Even if you are not a regular trader its always good to sell them when price is higher and allowing to make profits instead of holding them for long term as price may even fall in future and then to make profits we need to wait longer.
Yeah you dont make profit if you dont sale it if the bitcoin price increase but depends on you if you want long term or short term of holding bitcoin.
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October 15, 2016, 08:33:05 AM
 #1949

Selling your bitcoins is not smart because of the fact that it can bring you in big trouble, I agree about the fact it can be good sometimes but most likely if you are selling to fast you can lose money or make less more profit than you could ever do in the future.

Selling bitcoins is good but selling all the coins you have is really not a good idea as the price might grow later on but holding all the coins is also not the best idea because if you dont sell any of it in a good price then it may drop again from that point and you will lose the chance of getting more profits out of it.
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October 15, 2016, 09:20:00 AM
 #1950

Selling your bitcoins is not smart because of the fact that it can bring you in big trouble, I agree about the fact it can be good sometimes but most likely if you are selling to fast you can lose money or make less more profit than you could ever do in the future.

Selling bitcoins is good but selling all the coins you have is really not a good idea as the price might grow later on but holding all the coins is also not the best idea because if you dont sell any of it in a good price then it may drop again from that point and you will lose the chance of getting more profits out of it.

Yeah and only holding without selling them at any point doesn't make any sense as it will take opportunity away from you of making profits and if you are investing your money then you have to enjoy the profits too.
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October 15, 2016, 02:53:56 PM
 #1951

Selling is not a good thing and another fact is that with selling you are just making a little bit of profit, you can better wait on better prices to sell your bitcoin for.
Also the fact that the bitcoin can become the currency of the future makes it for me pretty simple that we should hold it.

But, if you have made money trading, mining or whatever with Bitcoin, you can also sell them and invest in other websites, businesses or start your own.  Guys on localbitcoins and Paxful sell a single BTC for 150% its value.  Loan sites can return 125% on the investment and who knows where your own idea will go if you fuel it with the money you made from Bitcoins.
Well, for sure we have different ideas we can do with our bitcoin, I have invested online and also use my earnings in the real life, I build a little store as our business and that alone already gives us a good income in a daily basis, I guess even how small your money but if you have the skills to grow it you would achieve your goal.

If you transport those guys to modern times or even just fifty years in the future, those softball pieces of gold were worth a great deal more.

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October 15, 2016, 02:56:49 PM
 #1952

For me its quiet different that i never hold my bitcoins because i do not believe in such a long term investement and i like to earn and generate profits in the present,and the common way to earn through bitcoins in trading where we have to keep buying and selling bitcoins all the time.

Even if you are not a regular trader its always good to sell them when price is higher and allowing to make profits instead of holding them for long term as price may even fall in future and then to make profits we need to wait longer.
I also believe in selling the bitcoins when the price is high and take the advantage of that moment rather than just waiting because you can buy them again when the price is low again,its important to take the advantage of that situation and recieve whatever profit you getting instead of expecting more and more.
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October 15, 2016, 03:02:36 PM
 #1953

However, the companies that got started by selling mined gold and investing in other things were much larger and worth more than they had been.  Entire towns grew from the money produced by gold.

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October 15, 2016, 03:19:32 PM
 #1954

For me its quiet different that i never hold my bitcoins because i do not believe in such a long term investement and i like to earn and generate profits in the present,and the common way to earn through bitcoins in trading where we have to keep buying and selling bitcoins all the time.

Even if you are not a regular trader its always good to sell them when price is higher and allowing to make profits instead of holding them for long term as price may even fall in future and then to make profits we need to wait longer.
I also believe in selling the bitcoins when the price is high and take the advantage of that moment rather than just waiting because you can buy them again when the price is low again,its important to take the advantage of that situation and recieve whatever profit you getting instead of expecting more and more.

Yeah and price fluctuations allows us to make quick profits so we should not miss this opportunity and if we keep on doing the same regularly then it will give us higher profits in compare to one time profits in long run.
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October 15, 2016, 04:06:01 PM
 #1955

i am not agree with this statement, i think no one will like to hold bitcoin for ever but some people hold it for short term investment while other use it for long term investment.
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October 15, 2016, 04:49:39 PM
 #1956

Obviously if you can predict the rise and drops in the market you can make money,
but, as pointed out, there are people selling Bitcoin for way more than they are worth on Paxful, Localbitcoins, etc.

It all depends on your strategy.
Some people buy and HODL,
some people buy and trade altcoins,
there are many strategies. In order to make a profit you need to find what works best for you.

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October 15, 2016, 04:56:05 PM
 #1957

i am not agree with this statement, i think no one will like to hold bitcoin for ever but some people hold it for short term investment while other use it for long term investment.

Yeah and the fact is people will surely sell their coins when they are making profits from it and if they never sell their coins then they will keeping themselves away from profits and the purpose of investing will never be served.
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October 15, 2016, 06:53:36 PM
 #1958

Each one of us has a buy and sell price accordingly the current value of bitcoin i wont sell any coin if the value is lower then what i paid, and this is the main rule for those who invest at bitcoin and play those game. I do believe bitcoin will keep getting a bigger value over the time soo inst nothing new.
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October 16, 2016, 02:18:08 AM
 #1959

There will be a time, when you do not have to "sell" anymore..that's the long term strategy. Either because, you can buy anything you need with bitcoin directly, or there is no currency to sell into. In that moment, all past valuations become meaningless -

i can only think of two rationalle for selling: "daily" trading with the sole purpose to increase your btc stash, or selling for an actual productive business and getting more bitcoin that way than trading/holding.
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October 16, 2016, 09:54:09 AM
 #1960

Each one of us has a buy and sell price accordingly the current value of bitcoin i wont sell any coin if the value is lower then what i paid, and this is the main rule for those who invest at bitcoin and play those game. I do believe bitcoin will keep getting a bigger value over the time soo inst nothing new.


No one will prefer to sell for lower price then their entry price, people are willing to hold their coins for a long term unless they are not making good profits from it and when you see higher price its better to sell them off.
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