Why You Should Never Sell Your Bitcoins Ever

[brian_23452]

Bitcoin users are still buying and selling this time you can't blame them if they are selling because its their strategy specially to make some big profits and bitcoin price will never reach $10,000 if people still selling their coins. And people is much prefer to hold their coins and use it to buy some digital goods or anything that can be bought by bitcoin.

It is actually the demand that will make the price of bitcoin to go as high as you are talking, you cannot control people to buy because bitcoin has becoming a global currency and the more it will become popular, the more it will be successful. But in the end, we still need to sell our bitcoins at the right time.

Yup we cannot afford to simply hold them and keep them idle in our wallet, if price goes higher and if its giving you good profits then its better to sell them off and secure the profits as price may even fall in future and that would be the time to accumulate more bitcoins by buying at lower price.

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[MTBTT]

Why you should never sell your bitcoin si dont know why peopel think that holding the bticoin is the best way to make money maybe in the future after a view years but
making money right now is not the way holding,.

I think the views of each person is different about the current price, the current price rise in the price of $ 650 and is high. people may want to keep him because he thinks the price is still low

[1Referee]

Bitcoin users are still buying and selling this time you can't blame them if they are selling because its their strategy specially to make some big profits

That's a correct assumption. I personally don't even understand why some (I'm not talking about OP) people are against selling. It's what traders do. If people find it hard to understand, then they either don't know how to trade, or don't like seeing others making profits while they are not going forward with their "investment".

and bitcoin price will never reach $10,000 if people still selling their coins.

Whether or not the price will reach the $10,000 level at some point, that remains to be seen. But in order to get the price to go up to a certain level, you need sellers that allow their coins to change from owner very regularly. Example; You buy at $500 where after that you put up your coins for sale at $600. Another person will grab your coins at that level, and put them up for sale on another (higher) level. And that's how it goes. If there is enough demand, good sentiment, hype causing a massive bull run, then every sell order will get absorbed till a level where people will prefer to hold their coins instead of selling them. Long story short, coins have to change from owner which is done by selling. It's a crucial aspect of trading.

[phreaky]

i think people are allowed to sell for emergencies(which is what i'm doing) if they bought bitcoin for investments but then they need absolutely the money back or a portion of it

or if they didn't invest in bitcoin and acquired them in an easy way via instamining, premining ecc...(i'm talking about those quarkguy that acquired million in bitcoin via quarcoin), because they could turn nothing in big profit, it's like printing money lol

Yes, I am doing the same thing. So far in a 2 years I have sold only twice and that was when I needed the money badly. Few months after, I got what I sold and even more since the price has droped considerably.

I think is quite clear in long term price of bitcoin will go up, meanwhile we are going to see some volatility in price, i think the only two things can kill the bitcoin actually are a fala undiscovered flaw in his design or a legislative change making terrorist to Bitcoin owners, i hope no one of two never happens

[marcuslong]

I see the value of bitcoin would be rise in the future that is the answer on your question, but not more users do that now users are investing bitcoin in different method like trading, sports betting even gambling to entertain them.

This is really great prediction but more will be if bitcoin will be more on that bitcoin price will be more interesting if the bitcoin price will be more expensive than into that and if you are going to talk about the future of bitcoin probably there are some questions.

[Narosya]

i think people are allowed to sell for emergencies(which is what i'm doing) if they bought bitcoin for investments but then they need absolutely the money back or a portion of it

or if they didn't invest in bitcoin and acquired them in an easy way via instamining, premining ecc...(i'm talking about those quarkguy that acquired million in bitcoin via quarcoin), because they could turn nothing in big profit, it's like printing money lol

Yes, I am doing the same thing. So far in a 2 years I have sold only twice and that was when I needed the money badly. Few months after, I got what I sold and even more since the price has droped considerably.

I think is quite clear in long term price of bitcoin will go up, meanwhile we are going to see some volatility in price, i think the only two things can kill the bitcoin actually are a fala undiscovered flaw in his design or a legislative change making terrorist to Bitcoin owners, i hope no one of two never happens

I also rarely sell your Bitcoins. I'm sure that the price of Bitcoin will grow. Maybe someday circumstances will develop so that I selling Bitcoins. But at the moment I do not plan to spend

[JackDempsey]

To be honest, I do not think that never is good but to hold it for a long term is good because it has a great future and it can rise to a higher amount with holding.
The profits you can make with just holding is insane with the bitcoin so that is pretty nice!

[Dagmon]

To be honest, I do not think that never is good but to hold it for a long term is good because it has a great future and it can rise to a higher amount with holding.
The profits you can make with just holding is insane with the bitcoin so that is pretty nice!

That is right. If you bought the bitcoin in early 2013 at a price of $15, that is almost 40 times incrase already.

[Kvazimoda]

I rarely spend a Bitcoin is true. But I want them to accumulate a certain amount to start your business services. A part of the leave for a long-term investment

[Doms]

At some point, I think it is also good to sell, even a portion of what you have. Like me, I sold what I have when the price reached a good value last weekend. I didn't regret doing that because I already made some profits and I know that I will always have another opportunity to buy again when the price retreats or corrects. These corrections are inevitable and it is just being patient that's needed to be able to buy at lower levels again.

[Ziskinberg]

At some point, I think it is also good to sell, even a portion of what you have. Like me, I sold what I have when the price reached a good value last weekend. I didn't regret doing that because I already made some profits and I know that I will always have another opportunity to buy again when the price retreats or corrects. These corrections are inevitable and it is just being patient that's needed to be able to buy at lower levels again.

If you need money there's no reason to hold it when the price is really good.. We are going to the range of $700 again and this could be a good start for  the next year, I don't know but I think we are given an early Christmas presence by bitcoin and I consider it as my reward for supporting bitcoin and to stay loyal all throughout the years.

A little dramatic here but that's how a person should feel when he is happy due to big price now.

[CasioK]

Well the word never sell is not right, it must be why you should not sell your bitcoins as of now. And with the word, never and ever that clearly says that you are going to hold your bitcoins until the Earth explodes and why you are holding if you don't have some goals for it then don't get involved in bitcoin if you are just going to do that.

Thats right, there is a really big difference between never selling the coins and not selling them for a particular period of time, because if you say never sell them it simply means just keep them and never take them out, but not selling them now would mean that you should wait for sometime and then sell them as the price would probably go higher by then.

Bitcoin I consider as an object of investments therefore could not understand why he always kept. The time will come and I'm selling it. What are the reasons for this, I do not know. Maybe I just need money urgently. Or maybe just want to sell everything.

Maybe the topic was not right because no one will not doing it surely, we sell to enjoy our benefits and that is the only way because bitcoin has no value when we do not convert it to fiat, I also do not get what the OP means but I will just understand that he means we should hold for a longer period of time.

But I believe that OP just mean that you should not sell your bitcoin hurriedly in short time. It is practically true that no one can just be holding his bitcoin forever. You should just sell the one you do not need provided you will make profit at the time of selling.

[Financial_Genius]

Book your vacation through Expedia . So far, the company only accepts bitcoin to book hotels, but plans to start accepting bitcoin to pay for flights, car hire booking and many other services. Amazon, Target, CVS, and other chain stores don't accept bitcoin directly. Buy wholesale? Wholesale website Overstock has become the first major US retailer accepting bitcoin in December of 2013. Work through different ReadWrite tutorials? Buy new Raspberry Pi, Arduino, or any of their components and accessories on the Adafruit website .In may of this year, satellite television provider Dish Network announced that started accepting bitcoin. Dish does not know how many of the 14 million subscribers will choose this method of payment, but in July they will know for sure.

[ajun96]

If you have a lot of resources and have enough money to compensate your needs.. then selling your Bitcoins is not an really option. You should invest with your Bitcoins rather than selling. Just my thoughts.  

but I think even if you still have the big money in real life and you do not need the money anymore, does not mean you do not sell your bitcoin that moment dude ? I think it would depend on the circumstances of the current price? of course, if the current price is high you should sell it and take advantage of that opportunity, because the opportunity will not come twice

[Maslate]

If you have a lot of resources and have enough money to compensate your needs.. then selling your Bitcoins is not an really option. You should invest with your Bitcoins rather than selling. Just my thoughts.  

but I think even if you still have the big money in real life and you do not need the money anymore, does not mean you do not sell your bitcoin that moment dude ? I think it would depend on the circumstances of the current price? of course, if the current price is high you should sell it and take advantage of that opportunity, because the opportunity will not come twice

Some think that the opportunity appeared is not the biggest opportunity yet and they still hold their bitcoins hoping for the price to rise more. But since the price of bitcoin is very unpredictable as it is base on supply and demand we cannot expect it will only move one way. Hence, we should device a plan to sell and once we see the price we do not need to hesitate but sell.

[arseaboy]

If you have a lot of resources and have enough money to compensate your needs.. then selling your Bitcoins is not an really option. You should invest with your Bitcoins rather than selling. Just my thoughts.  

but I think even if you still have the big money in real life and you do not need the money anymore, does not mean you do not sell your bitcoin that moment dude ? I think it would depend on the circumstances of the current price? of course, if the current price is high you should sell it and take advantage of that opportunity, because the opportunity will not come twice

Some think that the opportunity appeared is not the biggest opportunity yet and they still hold their bitcoins hoping for the price to rise more. But since the price of bitcoin is very unpredictable as it is base on supply and demand we cannot expect it will only move one way. Hence, we should device a plan to sell and once we see the price we do not need to hesitate but sell.

Better manage your bitcoins well and know when to sell it. But it's better to do some investments using some of your bitcoins so that it won't sleep too long in your wallet. Try some trading or invest in bankroll casinos.

[Asmonist]

If you have a lot of resources and have enough money to compensate your needs.. then selling your Bitcoins is not an really option. You should invest with your Bitcoins rather than selling. Just my thoughts.  

but I think even if you still have the big money in real life and you do not need the money anymore, does not mean you do not sell your bitcoin that moment dude ? I think it would depend on the circumstances of the current price? of course, if the current price is high you should sell it and take advantage of that opportunity, because the opportunity will not come twice

Some think that the opportunity appeared is not the biggest opportunity yet and they still hold their bitcoins hoping for the price to rise more. But since the price of bitcoin is very unpredictable as it is base on supply and demand we cannot expect it will only move one way. Hence, we should device a plan to sell and once we see the price we do not need to hesitate but sell.

Better manage your bitcoins well and know when to sell it. But it's better to do some investments using some of your bitcoins so that it won't sleep too long in your wallet. Try some trading or invest in bankroll casinos.

You can invest in the casino itself and get some money back. If you gamble in the casino, you will lose money.

[stepwilli]

I rarely spend a Bitcoin is true. But I want them to accumulate a certain amount to start your business services. A part of the leave for a long-term investment

Holding that is already considered and giving you a long term investment. But it doesn't mean because you will never sell your bitcoins, you will not really going to sell your bitcoins. Just look and monitor on the price on when it is going to be a satisfactory price then that would be the right time to sell it so that you can generate profit.

I was wondering if it is not advisable to sell some as the price rises and leave some to save as future investment for like 10 years to come. I know for sure then bitcoin price might have gone very high may $10,000 or even higher.

[Ronxawala]

I rarely spend a Bitcoin is true. But I want them to accumulate a certain amount to start your business services. A part of the leave for a long-term investment

Holding that is already considered and giving you a long term investment. But it doesn't mean because you will never sell your bitcoins, you will not really going to sell your bitcoins. Just look and monitor on the price on when it is going to be a satisfactory price then that would be the right time to sell it so that you can generate profit.

I was wondering if it is not advisable to sell some as the price rises and leave some to save as future investment for like 10 years to come. I know for sure then bitcoin price might have gone very high may $10,000 or even higher.

Some only those involved and that buy and sell Bitcoin. I am also willing to sell their savings Bitcoins when the price I'll have to arrange

[goldcoinminer]

I rarely spend a Bitcoin is true. But I want them to accumulate a certain amount to start your business services. A part of the leave for a long-term investment

Holding that is already considered and giving you a long term investment. But it doesn't mean because you will never sell your bitcoins, you will not really going to sell your bitcoins. Just look and monitor on the price on when it is going to be a satisfactory price then that would be the right time to sell it so that you can generate profit.

I was wondering if it is not advisable to sell some as the price rises and leave some to save as future investment for like 10 years to come. I know for sure then bitcoin price might have gone very high may $10,000 or even higher.

Some only those involved and that buy and sell Bitcoin. I am also willing to sell their savings Bitcoins when the price I'll have to arrange

That's just right for a certain investor who are holding their bitcoins to see a bigger price. If by selling as long as it is in our plan to sell that is good because it is already understood that we are selling it with a profit. Not selling bitcoins is just some kind of greediness and you will not be happy on that as what is needed here is the right timing.