Why You Should Never Sell Your Bitcoins Ever

[n0ne]

I don't see a problem if someone wants to cash out their bitcoins for a big profit. I personally will hold some bitcoins for the long term, but I will sell some if we see a big increase. It is still a risky investment.

Upon the risk involved bitcoin as a form of investment gives a good profit over the long run. Situation might change anytime so as you mentioned its better to sell and cash out at the right time upon one's own decision.

[STT]

People lack imagination, they cant comprehend the idea of not converting everything valuable back to government tax tokens because thats what they've done in the past thats how they inevitably see the future forever.   Even if people mouth the words, bitcoin will grow in influence almost certainly as dollar encounters ever more troubles from its giant debt load they still default to think well I'll be rich if I have dollars one day.

One day dollars wont do anything, it'll be like Rubles and by that I mean the 1997 Ruble.  The old ruble they exchanged to a new Ruble at 10,000 to 1.   They can always reset it but whats really wanted is the goods, I 'd skip the dollar part and buy the house in bitcoin like reverse of that one guy.
   At some point bitcoin will be more stable then dollar, hopefully more accepted.  If its ever going to really grow in value it needs that overall acceptance and use, thats why I keep saying its got to be usable by anyone.   No accidents when drunk leading to everything gone, that standard cant be trusted so it wont ever go mainstream.  If not mainstream, it'll never really hit a big value and stay there most likely it'll decline in favor of a simple standard that hits the widest common denominator.

[karabasss]

I don't see a problem if someone wants to cash out their bitcoins for a big profit. I personally will hold some bitcoins for the long term, but I will sell some if we see a big increase. It is still a risky investment.

Upon the risk involved bitcoin as a form of investment gives a good profit over the long run. Situation might change anytime so as you mentioned its better to sell and cash out at the right time upon one's own decision.

This is exactly the price of Bitcoin is changing very rapidly. We must always be prepared to sell it urgently. I'm not going to keep it forever

[goldcoinminer]

I don't see a problem if someone wants to cash out their bitcoins for a big profit. I personally will hold some bitcoins for the long term, but I will sell some if we see a big increase. It is still a risky investment.

Upon the risk involved bitcoin as a form of investment gives a good profit over the long run. Situation might change anytime so as you mentioned its better to sell and cash out at the right time upon one's own decision.

This is exactly the price of Bitcoin is changing very rapidly. We must always be prepared to sell it urgently. I'm not going to keep it forever

Depends on how strong is your faith, if you do not believe in the future of bitcoin then you will really sell your bitcoins when you see the price is falling. It's not about a temporary thing dude because we cannot see bitcoin's price will only be moving in one direction.

[ethereumhunter]

I don't see a problem if someone wants to cash out their bitcoins for a big profit. I personally will hold some bitcoins for the long term, but I will sell some if we see a big increase. It is still a risky investment.

Upon the risk involved bitcoin as a form of investment gives a good profit over the long run. Situation might change anytime so as you mentioned its better to sell and cash out at the right time upon one's own decision.

This is exactly the price of Bitcoin is changing very rapidly. We must always be prepared to sell it urgently. I'm not going to keep it forever

Depends on how strong is your faith, if you do not believe in the future of bitcoin then you will really sell your bitcoins when you see the price is falling. It's not about a temporary thing dude because we cannot see bitcoin's price will only be moving in one direction.

yes its true, we should believe that bitcoin have the good ways in future but if you only want to make profit in small until middle amount, then you can sell it when the price is high and buy it when the price is falling so you still can make good profit and if you do this, then you can increase your bitcoin amount or your money.

[SvenBomvolen]

   I plan to hold bitcoin that I earn for a long term, but in moment of need I will sell them and I will not ask for price. Its much better to spent bitcoins for buying some stuff, that is economy, people who sell things for bitcoins will stay out of work if everyone just sell bitcoins for dollars.
   This depends a lot from place where you live, not everyone of us have same possibilities. I can`t buy pizza like some other people can, and food is what we all need. If I`m hungry and I dont have money in my pocket and I have bitcoins, what would be reasonable from me to do? I will tell you, only one thing sell bitcoins for cash and buy food.

[crockoo]

I don't see a problem if someone wants to cash out their bitcoins for a big profit. I personally will hold some bitcoins for the long term, but I will sell some if we see a big increase. It is still a risky investment.

Upon the risk involved bitcoin as a form of investment gives a good profit over the long run. Situation might change anytime so as you mentioned its better to sell and cash out at the right time upon one's own decision.

This is exactly the price of Bitcoin is changing very rapidly. We must always be prepared to sell it urgently. I'm not going to keep it forever

Depends on how strong is your faith, if you do not believe in the future of bitcoin then you will really sell your bitcoins when you see the price is falling. It's not about a temporary thing dude because we cannot see bitcoin's price will only be moving in one direction.

Yes, do not be afraid of temporary fluctuations in price on Bitcoin. This is his normal state. Sometimes this vibration can sell everything, and then regret it when the price starts to rise again

[Capradina]

   I plan to hold bitcoin that I earn for a long term, but in moment of need I will sell them and I will not ask for price. Its much better to spent bitcoins for buying some stuff, that is economy, people who sell things for bitcoins will stay out of work if everyone just sell bitcoins for dollars.
   This depends a lot from place where you live, not everyone of us have same possibilities. I can`t buy pizza like some other people can, and food is what we all need. If I`m hungry and I dont have money in my pocket and I have bitcoins, what would be reasonable from me to do? I will tell you, only one thing sell bitcoins for cash and buy food.

A statement is very true. Because now there are 2 things we are going to meet, i.e. people who use bitcoin only for investment and in no mood to conduct transactions or purchase goods using bitcoin and there is also the reverse. so now if we do something good in the bitcoin is to use the bitcoin so it won't give you an advantage

[bitjoin]

If there were a hyper inflation fiat crash scenario and bitcoins were 10k 100k or 1 mil.  I would still cash out a few provided fiat could still buy products.  If everyone accepts bitcoin it doesn't matter.

[barabash]

If there were a hyper inflation fiat crash scenario and bitcoins were 10k 100k or 1 mil.  I would still cash out a few provided fiat could still buy products.  If everyone accepts bitcoin it doesn't matter.

Typically, the circumstances are forced to sell any part of Bitcoin. I want to save them, but you have to spend on all sorts of urgent needs. And if not for these moments, I would not have sold his Bitcoin

[rizkyhiw]

If there were a hyper inflation fiat crash scenario and bitcoins were 10k 100k or 1 mil.  I would still cash out a few provided fiat could still buy products.  If everyone accepts bitcoin it doesn't matter.

if you know deeply about bitcoin and think about long term investment you might will keep it forever
nowadays bitcoin shows a promising movement
look at how bitcoin price jumping every year
you should not regret twice when an early adopter experienced in the past still could happened today and tomorrow.

[freedomgo]

If there were a hyper inflation fiat crash scenario and bitcoins were 10k 100k or 1 mil.  I would still cash out a few provided fiat could still buy products.  If everyone accepts bitcoin it doesn't matter.

if you know deeply about bitcoin and think about long term investment you might will keep it forever
nowadays bitcoin shows a promising movement
look at how bitcoin price jumping every year
you should not regret twice when an early adopter experienced in the past still could happened today and tomorrow.

It's all about the trust, the value of bitcoin will increase when the demand increases so basically when people trust it they will put their money in bitcoin and when we invested now, we will certainly enjoy the profit in the future. It's quite risky but your faith will save your investment.

[anavuajna]

If there were a hyper inflation fiat crash scenario and bitcoins were 10k 100k or 1 mil.  I would still cash out a few provided fiat could still buy products.  If everyone accepts bitcoin it doesn't matter.

if you know deeply about bitcoin and think about long term investment you might will keep it forever
nowadays bitcoin shows a promising movement
look at how bitcoin price jumping every year
you should not regret twice when an early adopter experienced in the past still could happened today and tomorrow.

It's all about the trust, the value of bitcoin will increase when the demand increases so basically when people trust it they will put their money in bitcoin and when we invested now, we will certainly enjoy the profit in the future. It's quite risky but your faith will save your investment.

Besides faith must still be present sanity. You should always follow the news and exchange rate relatively centralized Bitcoin currency. Do not forget about the risks.

[daniahya]

If there were a hyper inflation fiat crash scenario and bitcoins were 10k 100k or 1 mil.  I would still cash out a few provided fiat could still buy products.  If everyone accepts bitcoin it doesn't matter.

if you know deeply about bitcoin and think about long term investment you might will keep it forever
nowadays bitcoin shows a promising movement
look at how bitcoin price jumping every year
you should not regret twice when an early adopter experienced in the past still could happened today and tomorrow.

It's all about the trust, the value of bitcoin will increase when the demand increases so basically when people trust it they will put their money in bitcoin and when we invested now, we will certainly enjoy the profit in the future. It's quite risky but your faith will save your investment.

It is indeed very risky, we do not know in the future price of the bitcoin is going up or going down, but I sure will go up because if the quarry is up bitcoin surely will become rare and expensive

[kotwica666]

If there were a hyper inflation fiat crash scenario and bitcoins were 10k 100k or 1 mil.  I would still cash out a few provided fiat could still buy products.  If everyone accepts bitcoin it doesn't matter.

if you know deeply about bitcoin and think about long term investment you might will keep it forever
nowadays bitcoin shows a promising movement
look at how bitcoin price jumping every year
you should not regret twice when an early adopter experienced in the past still could happened today and tomorrow.

It's all about the trust, the value of bitcoin will increase when the demand increases so basically when people trust it they will put their money in bitcoin and when we invested now, we will certainly enjoy the profit in the future. It's quite risky but your faith will save your investment.

You noticed something very important. Currently, the price goes up because demand is growing. And Bitcoin mining is still going on, so new coins still are coming. (My guess is that a very large part of the miners sells Bitcoin almost everyday to cover the costs.) Think what happens when all Bitcoiny will be extracted (21M) - what happens to demand when supply stops?
I think we should hold BTC at least up to this point.

[betohell]

If there were a hyper inflation fiat crash scenario and bitcoins were 10k 100k or 1 mil.  I would still cash out a few provided fiat could still buy products.  If everyone accepts bitcoin it doesn't matter.

I think depending on the current situation, if bitcoin has been accepted by many people outside, and bitcoin prices soar, why bother to exchange for fiat, while you can use bitcoin to spending

[Shady]

I typically hold my Bitcoin due to the fact it goes up every time I spend it... Without a doubt it will surely be this way for awhile because of this being the introductory production phase.

Over all else getting into other alternative cryptocurrencies will return a similar outcome, so buy into this now.

[rizkyhiw]

If there were a hyper inflation fiat crash scenario and bitcoins were 10k 100k or 1 mil.  I would still cash out a few provided fiat could still buy products.  If everyone accepts bitcoin it doesn't matter.

if you know deeply about bitcoin and think about long term investment you might will keep it forever
nowadays bitcoin shows a promising movement
look at how bitcoin price jumping every year
you should not regret twice when an early adopter experienced in the past still could happened today and tomorrow.

It's all about the trust, the value of bitcoin will increase when the demand increases so basically when people trust it they will put their money in bitcoin and when we invested now, we will certainly enjoy the profit in the future. It's quite risky but your faith will save your investment.

not always about trust if you remember what happened to the early adopter 7 years ago
a lot of people didn't trust on bitcoin , but then bitcoin go up to the moon
the situation can be repeated now or in few years ahead
so yeah that's why better to hold your bitcoin longer even never sell it as it could be as rare as pearl.

[Ziskinberg]

I typically hold my Bitcoin due to the fact it goes up every time I spend it... Without a doubt it will surely be this way for awhile because of this being the introductory production phase.

Over all else getting into other alternative cryptocurrencies will return a similar outcome, so buy into this now.

We have the same fate, I use to hold my bitcoins but whenever there is an emergency and there is a need to use it. I just sell them and after selling it the price is increasing, I don't know if I'm that unlucky or not just waited for the proper timing to sell it. But still there are some remaining bitcoin in my wallet on hold but not that too high.

Under the situation you have no option but to sell your bitcoins, emergency requires an urgent need of money and what is the use of our money if we cannot enjoy it anymore. Money are spent to get the benefits or enjoy it's value.

Just hope and pray that emergencies will not come often in your life so you could save and invest more.

[el kaka22]

I typically hold my Bitcoin due to the fact it goes up every time I spend it... Without a doubt it will surely be this way for awhile because of this being the introductory production phase.

Over all else getting into other alternative cryptocurrencies will return a similar outcome, so buy into this now.

We have the same fate, I use to hold my bitcoins but whenever there is an emergency and there is a need to use it. I just sell them and after selling it the price is increasing, I don't know if I'm that unlucky or not just waited for the proper timing to sell it. But still there are some remaining bitcoin in my wallet on hold but not that too high.

To cope up the situations you were facing for holding bitcoin and selling bitcoin, you must adopt the practice of selling partial amount of bitcoin from what you are holding at a time.
When you are selling only the partial amount of your total bitcoins, you will be always in the race of bitcoin price appreciation. Never get out of bitcoin ecosystem and never loose opportunities.