Why You Should Never Sell Your Bitcoins Ever

[rajasumi3]

U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .

[Positid]

U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .

No fixed time to sell mate as it is all about the right timing, if you can hold longer then it's better. Look at the price now, I think it's not good to sell now.

[Botnake]

U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .

No fixed time to sell mate as it is all about the right timing, if you can hold longer then it's better. Look at the price now, I think it's not good to sell now.

It's all about having your goal, I mean a written goal that from time to time you have to evaluate if it's realistic or not. By having a goal, you also have a specific plan and to make profit, you must carefully follow your plan and implement it effectively.

[dmamigo]

U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .

No fixed time to sell mate as it is all about the right timing, if you can hold longer then it's better. Look at the price now, I think it's not good to sell now.

It's all about having your goal, I mean a written goal that from time to time you have to evaluate if it's realistic or not. By having a goal, you also have a specific plan and to make profit, you must carefully follow your plan and implement it effectively.

Not selling Bitcoins if you are investing is quite a bad idea. And yes setting goals and time frame to complete the goal/objectives helps.
Selling/Buying monthly is bad, and in investing in fear is also can turn up badly.
Buy it when you have money, sell it when you achieve your objectives. Now if Bitcoins becomes a globalcurrency used by worldwide people, then keeping it won't affect anything.

[Harry Callahan]

U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .

I am not sure a country ban could stifle the growth of bitcoin as you will have many other options to get the coins and can covert to other coins and can  book your profits and the risk factor is always there i an form of investment and so everyone will be aware of the risks involved.

[Ewinsane]

Guys if we do not sell and just collect and collect isn't it bad for the community because less coins will be available and people will not use it much or the best case the price will go higher?

If some people want to use the coin, they can still buy from the exchanges and use them, but the price will be higher.

There is a possibility for decreasing prices and in that time the guys who hold all of their bitcoins will not benefit it.

Yeah, its better to keep on spending our bitcoins on regular basis, do not wait too long for price hike as we are not sure where bitcoin will reach in future, if there is a little pump we should sell our bitcoins.

Maybe people need to sell some of bitcoin and not all of it when there is volatility. However in other markets when prices are unstable, professionals usually do not do deal.

Ofcourse there will be a time that you can sell the coins. But you must sell it for a good value and price.
Otherwise you dont get profit and that wont be good. Just wait and sell it with a value that has rise for a long time. So have patience.

But you cannot be sure that what is the best price to sell, if today the price is $1k you sell it, and the next day the price reaches to $2k and you regret.

Exactly that is the point! You can never ensure what is the best price and what is the right time for selling that's why make investment with negative and positive risks.

Yeah and that is the reason people hesitate to invest their money into bitcoins, as they have a fear of loosing their money if the price drops down extremely, its all about luck after all.

You are right that you need luck but the bitcoin itself doesn't that because the market can more and more jump to a high price in the future, the bitcoin just need more people that invest invest in the bitcoin and also believing in it.
If more people are believing in the bitcoin, the bitcoin will be more used more at payments/stores etc, I think the bitcoin just need a little push to the right direction and than everything would be alright.
The same thing is needed at the people they also need a push, I see more people using the bitcoin these days because bitcoin increasing its price too much faster.

[Orielres]

U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .

I am not sure a country ban could stifle the growth of bitcoin as you will have many other options to get the coins and can covert to other coins and can  book your profits and the risk factor is always there i an form of investment and so everyone will be aware of the risks involved.

So we need mass adoption.

[BossMacko]

Why not sell bitcoin ever if you don't do that then it is just a waste. My advice just hoard Bitcoin until the price is double from the time you bought it. If you bought Bitcoin while it was still 600$ then this time is a good time to sell your Bitcoin because you already will earn easy 400$. But it is up to you but if its me that is what i will do.

[Tadblt]

Why not sell bitcoin ever if you don't do that then it is just a waste. My advice just hoard Bitcoin until the price is double from the time you bought it. If you bought Bitcoin while it was still 600$ then this time is a good time to sell your Bitcoin because you already will earn easy 400$. But it is up to you but if its me that is what i will do.

It is better to hoard the bitcoin until you have to use it.

[megashira1]

If you truly never sell it. what is the difference between buying BTC and and burning the fiat in a fire?

Knowing you have BTC lets you sleep easy at night while having nothing doesnt.

[Dudeperfect]

U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .

I don’t see any strong reason (other than selling your bitcoins if you need urgent funds) to sell bitcoins. Of course there is a risk involved in keeping all money in bitcoins and that’s why everyone should invest the amount which he can afford to lose (almost 80% community believes it). Bitcoin has high risk but same about returns, you might end up with having millions or even pennies.

[lOvE mE forEvEr]

Of course I will not sell bitcoin now, I am still optimistic price bitcoin can reach $10,000 and it looks like it is no longer imminent. I don't care about the people, there are few investments that I switch to bitcoin. I've bought 2 BTC before December, and if I sell I now I get $300.

[mrbigmugs]

U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .

i think you should set a limit for yourself and when you reach to that limit then you should convert these bitgoins into your fia currency.

[Positid]

U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .

i think you should set a limit for yourself and when you reach to that limit then you should convert these bitgoins into your fia currency.

That's important, when you are investing you must have a concrete plan where it's written and you must follow it diligently. Do not be too greedy to wait for bigger price, learn to be contented to sell even with small profit.

[millgates]

U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .

i think you should set a limit for yourself and when you reach to that limit then you should convert these bitgoins into your fia currency.

sell bitcoin only when the price is rise, circulation of bitcoin is needed to make the price more stable. Although the best thing is use bitcoin to buy goods. So the bitcoin price will keep rise against fiat.

[Kasabus]

U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .

i think you should set a limit for yourself and when you reach to that limit then you should convert these bitgoins into your fia currency.

sell bitcoin only when the price is rise, circulation of bitcoin is needed to make the price more stable. Although the best thing is use bitcoin to buy goods. So the bitcoin price will keep rise against fiat.

Definitely right,better you just have to kept it continue to earned and eventually save it,when the price is high then it's time for you to enjoy the exchange of it to fiat.I was grateful that i spend my bitcoins to some important things that i needed and it was really a big help for me.

[usefrees]

U should sell ur bitcoins no matter what and u should do it once in a month .as u know the bitcoins have risk and it may br banned by ur country ,thrn what can u do? Thats y it is better to sell ur bitcoins now and then .

i think you should set a limit for yourself and when you reach to that limit then you should convert these bitgoins into your fia currency.

sell bitcoin only when the price is rise, circulation of bitcoin is needed to make the price more stable. Although the best thing is use bitcoin to buy goods. So the bitcoin price will keep rise against fiat.

Definitely right,better you just have to kept it continue to earned and eventually save it,when the price is high then it's time for you to enjoy the exchange of it to fiat.I was grateful that i spend my bitcoins to some important things that i needed and it was really a big help for me.

I also agree with the fact that Bitcoin is advantageous to simply hold. This is a good long term investment. But if you need something to buy, and you can spend Bitcoins. The main thing is not to panic and not to sell it as soon as the price fell slightly. A little ...  $ 300)))

[bravehearth0319]

I beg to disagree, as far as I know we can hold the coins or Bitcoin for along time but not selling it ever, that is ridiculous. The essence of waiting will become useless.

[crairezx20]

I beg to disagree, as far as I know we can hold the coins or Bitcoin for along time but not selling it ever, that is ridiculous. The essence of waiting will become useless.

You have the point and this is opportunity that we can make a good profit everytime the price is increasing since the price of bitcoin is unpredictable and we do not know when bitcoin will down or up again.. so to be safe you can sell partial of your bitcoin holdings.. from 15% to 25% depends how much you are holding just to safe your profit and not losing your opportunity..

[severaldetails]

I beg to disagree, as far as I know we can hold the coins or Bitcoin for along time but not selling it ever, that is ridiculous. The essence of waiting will become useless.

You have the point and this is opportunity that we can make a good profit everytime the price is increasing since the price of bitcoin is unpredictable and we do not know when bitcoin will down or up again.. so to be safe you can sell partial of your bitcoin holdings.. from 15% to 25% depends how much you are holding just to safe your profit and not losing your opportunity..

I think that the main purpose of not selling bitcoin is to limit the supply of available coins.
That is good for everybody who owns bitcoins. Of course, not selling it ever makes no sense.
And then you have to think about about the fact that bitcoin is a payment system as well that has to be used.
Otherwise companies might turn their back on bitcoin.
I would say use it as often as you can, but have some savings as well.