Why You Should Never Sell Your Bitcoins Ever

[el kaka22]

The possibility of bitcoin to never sell it is when it becomes the official legal tender. But as long as it is backed up by dollars it can never happen. Only an independent bitcoin can that possibility happen.

I do not think so. Just high price levels for bitcoin will be more than enough for not needed to selling bitcoins to get the benefits of them. Getting legalized nor being independent not relevant to this in my opinion.

Not selling means we are going to "use". When everything will be available for bitcoin, we can use bitcoins directly.

When will everything be available for bitcoin ? Once bitcoin hits mainstream of adoption.

[whizter]

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

i think most of the people are holding their bitcoins and not going to sell it. as everyone is so much attracted by the rising price of bitcoin. they are expecting some more increase in the price of bitcoin  and therefore they are not going to sell their bitcoins.

[OrangeII]

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

i think most of the people are holding their bitcoins and not going to sell it. as everyone is so much attracted by the rising price of bitcoin. they are expecting some more increase in the price of bitcoin  and therefore they are not going to sell their bitcoins.

I also believe that those who hold bitcoin they have to date, are the ones targeting the highest price. I am quite sure, that they actually want to sell their bitcoin, but perhaps now is not the time, because they were after was the highest profit. perhaps the advantage that they are looking for is about $ 500 or more in a single transaction.

[deppil]

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

i think most of the people are holding their bitcoins and not going to sell it. as everyone is so much attracted by the rising price of bitcoin. they are expecting some more increase in the price of bitcoin  and therefore they are not going to sell their bitcoins.

you should be able to sell many or all bitcoin in the price of $ 900 some time ago, because this time the price down to $ 880. I'm sure when you sold all of your bitcoin yesterday, you've got a lot of profit today

[Jasad]

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

i think most of the people are holding their bitcoins and not going to sell it. as everyone is so much attracted by the rising price of bitcoin. they are expecting some more increase in the price of bitcoin  and therefore they are not going to sell their bitcoins.

if you holding bitcoin only without do anything on it ,
then what is the point having bitcoin? i think you have to spend it at least ,
holding only will never help bitcoin grow but spend it ,
as bitcoin supply are fixed people shouldn't worry about the price.

[jaysabi]

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

i think most of the people are holding their bitcoins and not going to sell it. as everyone is so much attracted by the rising price of bitcoin. they are expecting some more increase in the price of bitcoin  and therefore they are not going to sell their bitcoins.

if you holding bitcoin only without do anything on it ,
then what is the point having bitcoin? i think you have to spend it at least ,
holding only will never help bitcoin grow but spend it ,
as bitcoin supply are fixed people shouldn't worry about the price.

People are holding it because they're speculators. They think it will be worth more in the future, so they continue to hold. If they're right, then if they would have spent it, they have lost money. That's why some folks might not be keen to spend right now.

[vantyzz]

you know buddy.. at this point I'm gonna say that I would never sell all my bitcoins because bitcoin really keeps growing and now it evenly reach the $800 barrier I hope it will be more stable and grow again next year until it pop/reach the $1000 barrier. I think when bitcoin hit $1000 resistance it will be the end of growing and it will be more stable.. but still hoping to get more bitcoins.

I totally agree most of them are holding their bitcoin just because they don’t want to lose it but there are others who are just getting greedy over the fact that they want to get the most of bitcoin , they are waiting for the bitcoin’s price to go even higher and eventually get stable so they can sell it.

i think most of the people are holding their bitcoins and not going to sell it. as everyone is so much attracted by the rising price of bitcoin. they are expecting some more increase in the price of bitcoin  and therefore they are not going to sell their bitcoins.

if you holding bitcoin only without do anything on it ,
then what is the point having bitcoin? i think you have to spend it at least ,
holding only will never help bitcoin grow but spend it ,
as bitcoin supply are fixed people shouldn't worry about the price.

exactly, I do not spend my Bitcoins now, because I'm sure that soon will be able to sell them at a better price

People are holding it because they're speculators. They think it will be worth more in the future, so they continue to hold. If they're right, then if they would have spent it, they have lost money. That's why some folks might not be keen to spend right now.

[raven7886]

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 all know that bitcoin will become increasingly popular in the future and the future is very likely that the price of bitcoin also be sped up. but everyone is not able to hold them for too long bitcoin. because there needs to be paid,

I think most of the people are holding bitcoin for the price increase, as they are expecting that the price of bitcoin can increase more and more, but I think it is also a difficult job to know the real time to start selling, as we can see that when the majority of people start selling bitcoin the price can fell down and you may not be able to get chance to sell bitcoin in right time.

[angaper]

Unfortunately lots of bitcoiners are not especially interested in the great advantages of this revolutionary altcoin and they have decided to join this ecosystem only with speculative purposes. So it is just natural to frequently read all those opinions of people willing to sell their coins, but perhaps that is not so bad to have an active and dynamic bitcoin market.

[molsewid]

To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.

you're right i still prefer to spend my money through bitcoin than exchanging it to fiat then buy things. remember converting bitcoin will always has a fee. and also bitcoin is raising and growing more why would you sell your bitcoin to $800 if you can wait until it reach $1000 barrier .. right ? we must calculate and think before we provide a decision so we wont regret it later..

[Bitcoinsummoner]

To convert from BTC to fiat there will be a fee, whereas just buying whatever it is directly with bitcoin there will not.

you're right i still prefer to spend my money through bitcoin than exchanging it to fiat then buy things. remember converting bitcoin will always has a fee. and also bitcoin is raising and growing more why would you sell your bitcoin to $800 if you can wait until it reach $1000 barrier .. right ? we must calculate and think before we provide a decision so we wont regret it later..

Well we have not same thoughts but for me i will sell bitcoin because i feel this coming january the price will not stay long what is the price right now and i think 1k value can be happen nearly may or march.. this is my own prediction.. and i am just relying from last year that there is similar movement of the price..

[Dudeperfect]

Unfortunately lots of bitcoiners are not especially interested in the great advantages of this revolutionary altcoin and they have decided to join this ecosystem only with speculative purposes. So it is just natural to frequently read all those opinions of people willing to sell their coins, but perhaps that is not so bad to have an active and dynamic bitcoin market.

It’s the painful part to see those who are just concerned about the price of bitcoin. Yes, the price has importance, but the technology, core values and the potential of Bitcoin is much more than what they are assuming. On the other hand, we should understand that investors will always look for opportunities and we shouldn’t blame them. Even if I am contradicting myself, that’s the fact. I believe that once we reach a particular milestone of the user base, the price will remain stable or there will be sustainable growth in it and other minor factors won’t affect much.

[Mastsetad]

Unfortunately lots of bitcoiners are not especially interested in the great advantages of this revolutionary altcoin and they have decided to join this ecosystem only with speculative purposes. So it is just natural to frequently read all those opinions of people willing to sell their coins, but perhaps that is not so bad to have an active and dynamic bitcoin market.

Not everyone owns a same kind of thinking and nor everyone's plans are same, maybe if what i'm thinking that is not near your mind, so we cannot really expect everyone in bitcoin community to hold their coins in order to earn profits out of it, maybe they don't see it the way we do.

[justdimin]

You should sell your bitcoin if you want I think since the selling is also important in a free market. Bitcoin runs a free market and what if everyone holds all of their coins? would there be one who will sell all of those who want to buy some bitcoins? If all will hold bitcoin will not be distributed. Because of it, holding bitcoin is against bitcoin since no one will supply those who wants to buy some.

Yes, it is depending on the number of bitcoin users, as we can see that in such places where the bitcoin users are in majority  they have the opportunity to use bitcoin in their local markets as the shop keepers of these areas also know the importance of bitcoin and they accept bitcoin from the customers for shopping.

[DoublerHunter]

Who is gonna do that? "Never" selling bitcoin. That is not a practical way in using bitcoin. Yes, We know that bitcoins are good for long term especially on its price because year after year the price is commonly moving up but we don't need to hold our bitcoin until we death because we can't enjoy its benefits, IMO holding bitcoin at least 5 years is enough for you to enjoy your profits from your investment because i think that would be enough for the price of bitcoin to be double or even triple.

[Mometaskers]

It's because many people see bitcoins more of an investment rather than future currency. Much as I'd want it to be the currency for all transactions, I have more immediate concerns and if I think I'll gain something from converting, I will.

Even if btc prices just keep going up, converting to fiat would still make sense in countries where a dollar can still buy a lot. Of course it makes more sense to still keep some btc. Only sell a lot of btc for fiat if you would also be able to make money out of it (ex. buying land or business, etc.)

[michellee]

Who is gonna do that? "Never" selling bitcoin. That is not a practical way in using bitcoin. Yes, We know that bitcoins are good for long term especially on its price because year after year the price is commonly moving up but we don't need to hold our bitcoin until we death because we can't enjoy its benefits, IMO holding bitcoin at least 5 years is enough for you to enjoy your profits from your investment because i think that would be enough for the price of bitcoin to be double or even triple.

yep and i think many people will hold their bitcoin until they see the good price for them so they can sell their bitcoin and make profit. many people is waiting for another increase of bitcoin price in new year and they really need to be patience to see the new price of bitcoin. beside that, if we have to sell our bitcoin, then don't forget to enjoy your money to buy something you want so you can make another benefit with bitcoin too.

[Maslate]

Who is gonna do that? "Never" selling bitcoin. That is not a practical way in using bitcoin. Yes, We know that bitcoins are good for long term especially on its price because year after year the price is commonly moving up but we don't need to hold our bitcoin until we death because we can't enjoy its benefits, IMO holding bitcoin at least 5 years is enough for you to enjoy your profits from your investment because i think that would be enough for the price of bitcoin to be double or even triple.

yep and i think many people will hold their bitcoin until they see the good price for them so they can sell their bitcoin and make profit. many people is waiting for another increase of bitcoin price in new year and they really need to be patience to see the new price of bitcoin. beside that, if we have to sell our bitcoin, then don't forget to enjoy your money to buy something you want so you can make another benefit with bitcoin too.

Holding is the best option for now as the price has increase, however as an investor for long term, it is also necessary for you to ensure that you have a specific plan in the future so when the amount you are waiting to see will happen you can sell eventually. It's not good to just hold as timing is what is necessary when investing, we cannot expect the progress will continue to happen but at least we take advantage when it arrives to us.

[Positid]

Who is gonna do that? "Never" selling bitcoin. That is not a practical way in using bitcoin. Yes, We know that bitcoins are good for long term especially on its price because year after year the price is commonly moving up but we don't need to hold our bitcoin until we death because we can't enjoy its benefits, IMO holding bitcoin at least 5 years is enough for you to enjoy your profits from your investment because i think that would be enough for the price of bitcoin to be double or even triple.

yep and i think many people will hold their bitcoin until they see the good price for them so they can sell their bitcoin and make profit. many people is waiting for another increase of bitcoin price in new year and they really need to be patience to see the new price of bitcoin. beside that, if we have to sell our bitcoin, then don't forget to enjoy your money to buy something you want so you can make another benefit with bitcoin too.

Holding is the best option for now as the price has increase, however as an investor for long term, it is also necessary for you to ensure that you have a specific plan in the future so when the amount you are waiting to see will happen you can sell eventually. It's not good to just hold as timing is what is necessary when investing, we cannot expect the progress will continue to happen but at least we take advantage when it arrives to us.

Of course, otherwise you are just investing without a direction and you know you will never gonna succeed due to lack of vision in a real life investment.

[lakisis]

You should not sell bitcoins on this moment, if you wan to sell them so bad you should wait a couple months and see what the halving is gonna do.
If the halving is good you will make a lot of profit if this is not the point you will most likely makr normal profit.
So what I could consider is waiting a couple months.