Why You Should Never Sell Your Bitcoins Ever

[BeGoods]

Whenever I read arguments such as in the OP, they always leave me mouth agape. Why wouldn't anyone sell their bitcoins if they were in dire need to solve a cash problem or they read into technical analysis that the coin may crash? I really don't get this part. Do we really see Bitcoin as a god or as an asset? I would sell if the price is right and then wait to buy back at a dip. This is because I see Bitcoin as an asset, not as an untouchable tin god.

any how is it is not a good idea not to sell our bitcoin for ever, i think people earn money for facilitating their life and i think we can facilitate our life if we are using bitcoin for fulfilling our needs therefore we should use bitcoin to make our llife more facilitated and to enjoy it.

I think that's the answer, of course users will not hold their bitcoins for the rest of their lives, it might be more reasonable if they hold for a long time on the grounds because bitcoin is a valuable asset to hold up to the future because of the incredible bitcoin potential

[Dhaaaw]

I second your opinion until some point. It's not really smart to sell your bitcoins if they reach a certain value to which you'd think that there's no way it would get past that  so you just turn all the bitcoins into fiat. But, at some point the banks will probably try to go to war against all form of cryptocurrency and that point is probably where i would sell all of my bitcoins  because knowing banks, i dont think BTC will come out victorious out of that battle. 

[Whosdaddy]

I will sell my coins if I am making good profits from it but I will never sell all my coins and will save some of them for future as price will be higher in long term so its better to have some coins in wallet to sell them at higher price in future.

I think the main reason users do not sell their bitcoin or hold their bitcoin because of course is related to the price of bitcoin in the market. Maybe bitcoin prices have not matched their expectations. Or have not yet reached the target price that users expect. I also always be patient to hold my bitcoin, when the price is not in accordance with my expectations

Whenever I invest, I always let the price go high before I can make a few little withdrawal. Yes some people withdraw, but that doesn’t mean they’re all withdrawing all they have in Bitcoin. Like me, when I invest and reach a certain amount I might withdraw a little bit an still leave some to grow.

But this time, I’ve stopped withdrawing, cause price is seriously going up, so I’m leaving it there.

[hurain]

Whenever I read arguments such as in the OP, they always leave me mouth agape. Why wouldn't anyone sell their bitcoins if they were in dire need to solve a cash problem or they read into technical analysis that the coin may crash? I really don't get this part. Do we really see Bitcoin as a god or as an asset? I would sell if the price is right and then wait to buy back at a dip. This is because I see Bitcoin as an asset, not as an untouchable tin god.

any how is it is not a good idea not to sell our bitcoin for ever, i think people earn money for facilitating their life and i think we can facilitate our life if we are using bitcoin for fulfilling our needs therefore we should use bitcoin to make our llife more facilitated and to enjoy it.

I think that's the answer, of course users will not hold their bitcoins for the rest of their lives, it might be more reasonable if they hold for a long time on the grounds because bitcoin is a valuable asset to hold up to the future because of the incredible bitcoin potential

yes that is right to say that no one will like to hold their bitcoin for the rest of their life. i think they want to hold it tell the time when the price of bitcoin will reach to a certain height, in fact every person want to make profit from bitcoin and for that purpose they are holding their bitcoin.

[channingwilmer]

I will sell my coins if I am making good profits from it but I will never sell all my coins and will save some of them for future as price will be higher in long term so its better to have some coins in wallet to sell them at higher price in future.

I think the main reason users do not sell their bitcoin or hold their bitcoin because of course is related to the price of bitcoin in the market. Maybe bitcoin prices have not matched their expectations. Or have not yet reached the target price that users expect. I also always be patient to hold my bitcoin, when the price is not in accordance with my expectations

No, I do not think so. They are holding bitcoin because they believe on the new technology and they believe that they can become rich thanks to bitcoin. Therefore, they are holding bitcoin no matter how it can drop its price. If everything goes well, bitcoin will give them everything they need

[fullhdpixel]

if only I listened to you

I don't think so there's anything wrong in listening to him.
Bitcoins are the best assets of the Crypto world and I am unable to figure out even a single reason to give up on Bitcoin or to sell them off for trivial matters. Bitcoins should be treated as diamonds for a secure future.

[danherbias07]

Because of this price now. 
It is becoming more valuable and more popular as time goes by. Even if just one user per day will get hooked to it then it is a good addition for the bitcoin community. Even if he or she just earn a little or buy a part of bitcoin it adds up to the value of bitcoin due to demand. I would rather take that opportunity of pulling people even in small number that have nothing. Bitcoin could do that, and that is why we should never sell if not needed.

[santiPOGI]

if i am the one to ask ? i will sell my btc on high and buy on downs..
its like stock exchange and as you can see today the BTC market is very unstable it goes low on certain time and get his ups  on different one... but at the end of the day the BTC still gain its market value ... and still rising up

[Devilcheg]

Well never say never but right now its not good to sell your bitcoins because it still has a whole future a head and it can jump in price significantly, due to that I think its better to hold on right now.

[v0rtecxz]

Why we should not sell our bitcoin ever? How can we enjoy our profits? I think this is such a bad idea for not selling bitcoin because how can you spend and enjoy the money that you made in bitcoin if you will not sell it? You need to sell it because not all the stores in the world accept bitcoin.

I agree with your opinion sir, how you can enjoy the results of bitcoin you've been looking for either from campaigns, mining or from trade if just save and hold it, I myself always sell some of the bitcoin that I get for me to enjoy Or I use, and some of the bitcoin that I can save because I think the price is growing high in the future,

[Viscore]

Why we should not sell our bitcoin ever? How can we enjoy our profits? I think this is such a bad idea for not selling bitcoin because how can you spend and enjoy the money that you made in bitcoin if you will not sell it? You need to sell it because not all the stores in the world accept bitcoin.

I agree with your opinion sir, how you can enjoy the results of bitcoin you've been looking for either from campaigns, mining or from trade if just save and hold it, I myself always sell some of the bitcoin that I get for me to enjoy Or I use, and some of the bitcoin that I can save because I think the price is growing high in the future,

By holding it there is a great potential that price will increase soon and you will get more money if you will sell in the future.
We earn today but it's still good if we will also look for the future of bitcoin and other crypto currency that we trust, it will surely be the best
investment so far and it will not gonna let us down.

[winterland]

I get what you are saying but even if you are a gold bug there are times when your gold is worth a lot in terms of other assets like property, oil company stocks, land etc so there are times that Gold gets you past an economic collapse to the other side far richer.

Bitcoin is no different.

This if at some point I can buy a house with a single bitcoin then I'm going to use it for that, then when the bubble burst I sell the houses and buy even more bitcoin with that, sometimes the price is going to be too attractive to not sell, sell is when you make your profits, so selling is always an option but as you can see the price at which I will sell is quite high.

[IAMYOURLEADER]

There is of course a time that you must sell it and that time is indeed not now. I think that more people will sell it later in the future. We can see that the bitcoin  value is pumping and will reach to the moon.

[Sled]

There is of course a time that you must sell it and that time is indeed not now. I think that more people will sell it later in the future. We can see that the bitcoin  value is pumping and will reach to the moon.

I agree that this is not that right time to sell our bitcoin because the price of bitcoin can reach higher place in the future and it can go to the moon anytime soon so keeping our bitcoins and buying some more is the best option but for the concept of holding it, we should also set a goal or target for our bitcoin so we can have a good path to follow for our bitcoins.

[wowanstrong]

Bitcoin is a very valuable investment that grows even more every day, no matter what, and an intelligent person will not waste it on all sorts of nonsense. You can sell only when the profit completely satisfies.

[Soranith]

Bitcoin is a very valuable investment that grows even more every day, no matter what, and an intelligent person will not waste it on all sorts of nonsense. You can sell only when the profit completely satisfies.

Yes we should look at the bigger picture and not settle for less but if you think that you already meet the target you have then go ahead sell your bitcoin but always remember that bitcoin just started as years will go bitcoin price will be high so its better to not sell everything you own for future use.

[BitcoinPC]

Bitcoin is a very valuable investment that grows even more every day, no matter what, and an intelligent person will not waste it on all sorts of nonsense. You can sell only when the profit completely satisfies.

Exactly, bitcoin is very valuable investment and many investors use bitcoin for long term investment. That's why majority of the big whales prefer to save and hold the bitcoin, instead of selling, and about me, i am not a big investor but i know if I hold my bitcoins then i would get big profit from them, and i learn this thing behalf of my experience of investment on bitcoin.

[blackhawkeye1912]

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.
In 2009 you could buy lots of Bitcoin for $1 and in 2013 price was above 1000$ for one Bitcoin only.

I agreed that bitcoin was a long term investment, that's why I save bitcoin as much as I can, even for a single amount of satoshi I take the chance to buy it, Due to I believed that bitcoin will come to the point that it will reach more than 10, 000$. That's the reason why I hold my bitcoin in a long term.

[eann014]

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

Yes, but it is uber low some places.  It is 1 percent at Coinbase for example.  I could find change in my room to cover those transactions fees.

When I am converting my bitcoin into fiat, I don't have any service charge, in my btc wallet, if you have a bank account you can convert it and deposit your bitcoin to your bank account. If you will cash out your btc in remittances, then there will be a service fee.

[tittensor]

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

Yes, but it is uber low some places.  It is 1 percent at Coinbase for example.  I could find change in my room to cover those transactions fees.

When I am converting my bitcoin into fiat, I don't have any service charge, in my btc wallet, if you have a bank account you can convert it and deposit your bitcoin to your bank account. If you will cash out your btc in remittances, then there will be a service fee.

Haha, deposit to banking not like withdraw Bitcoin to FIAT, because in your country they support BTC/Banking and you store your Bitcoin in their wallet system. If you use desktop wallet as Bitcoin Core or Electrum, you need spend small fees before transfer your Bitcoin.