Why You Should Never Sell Your Bitcoins Ever

[jackydm168]

I get what you mean. Bitcoin can become a lot more profitable than it is right now, so why should we sell it? But there is a problem here. If we don't sell btc we don't really use them, right? Because when you buy smth for btc then you sort of sell btc and take that other thing. And in this situation btc is to become self-sufficient value. But why should we have monwy we don't spend? It just leads to nothing.

Remember that you will only have a chance to make profit when you sell so there's no reason why not sell it. We hold in the future but it should have a definite time and that is part of our investment plan. We have to follow that no matter what.

That is right. The purpose of the investment is to sell afterwards. But for the bitcoin, it is better to hold long term.

Yes, long held bitcoin, you will get more profits in the future. Of course, the premise is that you do not lack of money.

[Natalim]

I get what you mean. Bitcoin can become a lot more profitable than it is right now, so why should we sell it? But there is a problem here. If we don't sell btc we don't really use them, right? Because when you buy smth for btc then you sort of sell btc and take that other thing. And in this situation btc is to become self-sufficient value. But why should we have monwy we don't spend? It just leads to nothing.

Remember that you will only have a chance to make profit when you sell so there's no reason why not sell it. We hold in the future but it should have a definite time and that is part of our investment plan. We have to follow that no matter what.

That is right. The purpose of the investment is to sell afterwards. But for the bitcoin, it is better to hold long term.

Yes, long held bitcoin, you will get more profits in the future. Of course, the premise is that you do not lack of money.

Therefore you have to diversify your investment, you can always invest in bitcoin but should be for long term and short term. For long term investment like at least 5 years, only put a small amount that you are willing not to spend it for 5 years, and whatever happen never panic but stay firm with your goal.

[batang_bitcoin]

I will sell my bitcoins i dont want die with my bitcoins in bitcoin wallet i really cant understand how bitcoins can be useful for me if i die so i will sell them for more when i see that it is time to do that.

Lol you're right you can't even get your bitcoin with you when you in heaven already use your bitcoin as long as you have it in your wallet try to use that in good ways like buying some good things, Things that can help you to live everyday or use that to find a descent job for your future too.

Yeah, that's good to have a good day job with the earned bitcoins. Selling will be effective when you get a good profit to fulfil at least a single long time dream or plan. Other than that selling needs to be done for emergency needs.

Why you need to have decent job by using your bitcoins if you can use it to have your own business. Because if you have a lot of bitcoins then you can start now your own business or you can still invest while working on real job. It depends on how you will manage your bitcoins wisely and that's what I will do in the future but as of now. I'm still waiting for more price increase so I'm not selling my bitcoins.

[mirakal]

I will sell my bitcoins i dont want die with my bitcoins in bitcoin wallet i really cant understand how bitcoins can be useful for me if i die so i will sell them for more when i see that it is time to do that.

Lol you're right you can't even get your bitcoin with you when you in heaven already use your bitcoin as long as you have it in your wallet try to use that in good ways like buying some good things, Things that can help you to live everyday or use that to find a descent job for your future too.

Yeah, that's good to have a good day job with the earned bitcoins. Selling will be effective when you get a good profit to fulfil at least a single long time dream or plan. Other than that selling needs to be done for emergency needs.

Why you need to have decent job by using your bitcoins if you can use it to have your own business. Because if you have a lot of bitcoins then you can start now your own business or you can still invest while working on real job. It depends on how you will manage your bitcoins wisely and that's what I will do in the future but as of now. I'm still waiting for more price increase so I'm not selling my bitcoins.

What we are doing here is not working, we are investing our hard earned money to bitcoin hoping in the future it can give us great returns. Actually we have a great chance since this opportunity happens in the early stage where we the early adopters are given the chance to witness the growth of bitcoin and it's success has something to do with a big connection of our investment.

[Mr.grin]

well, never sell bitcoin that you get will make a big loss. you're looking for bitcoin but not to sell it, the same work but not paid. Well, once in a while, you also have to sell bitcoin that you have, especially when the price of bitcoin becomes high. Well, I think it would be very beneficial.

[Carlsen]

I will sell my bitcoins i dont want die with my bitcoins in bitcoin wallet i really cant understand how bitcoins can be useful for me if i die so i will sell them for more when i see that it is time to do that.

Lol you're right you can't even get your bitcoin with you when you in heaven already use your bitcoin as long as you have it in your wallet try to use that in good ways like buying some good things, Things that can help you to live everyday or use that to find a descent job for your future too.

Yeah, that's good to have a good day job with the earned bitcoins. Selling will be effective when you get a good profit to fulfil at least a single long time dream or plan. Other than that selling needs to be done for emergency needs.

Why you need to have decent job by using your bitcoins if you can use it to have your own business. Because if you have a lot of bitcoins then you can start now your own business or you can still invest while working on real job. It depends on how you will manage your bitcoins wisely and that's what I will do in the future but as of now. I'm still waiting for more price increase so I'm not selling my bitcoins.

Creating an own business, not everybody is made for that.
Although there are bigger chances of earning, there are much bigger risks as well.
Beginning with all that paper work and ending with the possibility that the business idea is just not what people want.
And who knows, maybe in 10 years one bitcoin will be all that we need to retire.

[Zadicar]

I will sell my bitcoins i dont want die with my bitcoins in bitcoin wallet i really cant understand how bitcoins can be useful for me if i die so i will sell them for more when i see that it is time to do that.

Lol you're right you can't even get your bitcoin with you when you in heaven already use your bitcoin as long as you have it in your wallet try to use that in good ways like buying some good things, Things that can help you to live everyday or use that to find a descent job for your future too.

Yeah, that's good to have a good day job with the earned bitcoins. Selling will be effective when you get a good profit to fulfil at least a single long time dream or plan. Other than that selling needs to be done for emergency needs.

Why you need to have decent job by using your bitcoins if you can use it to have your own business. Because if you have a lot of bitcoins then you can start now your own business or you can still invest while working on real job. It depends on how you will manage your bitcoins wisely and that's what I will do in the future but as of now. I'm still waiting for more price increase so I'm not selling my bitcoins.

Creating an own business, not everybody is made for that.
Although there are bigger chances of earning, there are much bigger risks as well.
Beginning with all that paper work and ending with the possibility that the business idea is just not what people want.
And who knows, maybe in 10 years one bitcoin will be all that we need to retire.

But still we should not really fully rely our hopes and plans to bitcoin since as you mentioned all investments do have risk and if we tend to put up money on it then we should put the amount that we could afford to lose if unexpected things will happen into bitcoin. Building businesses is not really for everyone because you will really need some important things to consider in able to be succesful.

[butcherboss]

I actually agree with you. If in long term the value of bitcoin rises a lot then I am sure many places will start accepting bitcoins and rather than converting them to paper money we should directly use them.

[Mastsetad]

I actually agree with you. If in long term the value of bitcoin rises a lot then I am sure many places will start accepting bitcoins and rather than converting them to paper money we should directly use them.

We cannot predict an exact change of price for future, so how should we keep our coins by thinking that the price will grow? What if the price drops back? So we should always sell some of our coins when we see a good rate and keep some of it so that if the price rises more in future we can get more profits.

[MMA]

I actually agree with you. If in long term the value of bitcoin rises a lot then I am sure many places will start accepting bitcoins and rather than converting them to paper money we should directly use them.

in fact the number of bitcoin users are still very low therefore bitcoin still need a good introduction and advertisement, so that people may get the opportunities to use bitcoin in their local area just like local fiat currency

[Zigsss]

You should never sell it because it has a great future and will go to a higher amount soon or later, I have no doubts about that if I have to be really honest.
I think its gonna be a very good currency and profitable too.

[BitcoinPC]

well, never sell bitcoin that you get will make a big loss. you're looking for bitcoin but not to sell it, the same work but not paid. Well, once in a while, you also have to sell bitcoin that you have, especially when the price of bitcoin becomes high. Well, I think it would be very beneficial.

I will agree with you, it is not a way to make money from hold the bitcoin for a long long time. No one good business man think about it, Even we know that the last date of bitcoin, may be tomorrow bitcoin suddenly die. Than what we will do with our bitcoin. So better is that always look after the price of bitcoin for holding.
You know i hold my bitcoins for a year, but still i want to hold them again, because it is easy way to earn money from bitcoin. But i know the rule of holding.     

[bitbob82]

I actually agree with you. If in long term the value of bitcoin rises a lot then I am sure many places will start accepting bitcoins and rather than converting them to paper money we should directly use them.

yes in most of the area the services of bitcoin as already started, i think very soon bitcoin cervices will be available everywhere, as now i can refill my mobile account using bitcoin directly, hope very soon we will not be feeling the need to convert bitcoin into local currency and then in use it,

[Taki]

I actually agree with you. If in long term the value of bitcoin rises a lot then I am sure many places will start accepting bitcoins and rather than converting them to paper money we should directly use them.

The price for bit coin is high even today and as I watch on bit coin news appear places that start to accept bitcoin as payment. That tells that bitcoin is getting popular. I know that the price for bitcoin is going to rise, I just don't know why do not sell bitcoins in the case when an owner really needs some money?

[carlerha]

I actually agree with you. If in long term the value of bitcoin rises a lot then I am sure many places will start accepting bitcoins and rather than converting them to paper money we should directly use them.

The price for bit coin is high even today and as I watch on bit coin news appear places that start to accept bitcoin as payment. That tells that bitcoin is getting popular. I know that the price for bitcoin is going to rise, I just don't know why do not sell bitcoins in the case when an owner really needs some money?

the price of bitcoin is continuously risking that make people not to sell their bitcoin even if they need the money, they are managing their money from else where but not in favour to sell their bitcoin.

[crwth]

It is a valid point that the OP is making. If it was applied everywhere in the world, especially in our country. I would not change it to fiat. I hope there comes a day that would happen. We would be knowledgeable already when that happens.

[Mastsetad]

It is a valid point that the OP is making. If it was applied everywhere in the world, especially in our country. I would not change it to fiat. I hope there comes a day that would happen. We would be knowledgeable already when that happens.

Not selling all the coins at once can be a wise decision as the price might grow up after you sold all your coins, but not selling all of them does not look to be a good idea at all, because in that way you might lose a chance of getting some reasonable profit by selling some of your coins at a price.

[error08]

I will sell my bitcoins i dont want die with my bitcoins in bitcoin wallet i really cant understand how bitcoins can be useful for me if i die so i will sell them for more when i see that it is time to do that.

Lol you're right you can't even get your bitcoin with you when you in heaven already use your bitcoin as long as you have it in your wallet try to use that in good ways like buying some good things, Things that can help you to live everyday or use that to find a descent job for your future too.

I would like to said, "yes, you're right and I believe in bitcoin will be so great in few years later". But, you know what if you read his opinion and don't wanna die wit bitcoin stay still in his wallet, lol. Let's be honest, did you ever told anyone about your wallet access and how much bitcoin you have all this time? Of course I have friends to share with about my bitcoin savings but not the wallet and never told my family about that, and what if I die tomorrow, then bitcoin in circulation less than it should be. The point is, I will write a letter about how to get my bitcoin for my beloved family and keep hold my bitcoin forever, lol.

[qiumingsa]

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. Time will prove Bitcoin's potential!
There will be a time of course that you must sell your coins. Otherwise you cant make some money and that is not good.
So I'll hold it for a long time, at least I won't sell it for a short time.

[Natalim]

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. Time will prove Bitcoin's potential!
There will be a time of course that you must sell your coins. Otherwise you cant make some money and that is not good.
So I'll hold it for a long time, at least I won't sell it for a short time.

Holding your bitcoins for  long term is a great plan but you need to have a decent investment plan as that will ease your investment journey here, you need to have a specific plan when to sell when you hit the price you predicted or how long base on the time element.