Why You Should Never Sell Your Bitcoins Ever

[geegaw]

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.

Yes, because we're not a big investor, we should follow the whales, they will always find a way to help increase the price of Bitcoin, so we can make a profit by following them. In addition, Bitcoin will always tend to increase in the future and the potential of Bitcoin can say is unpredictable, we should choose to believe in bitcoin, do not sell bitcoin too early, we may regret this decision. I always keep my bitcoin because I always believe the price of bitcoin will be higher and higher in the future as long as I patiently wait

[kevinn669]

Bitcoin is very good as a long-term investment and we must hold it if we want to get the maximum profit and become very rich. This is the strongest crypto currency in the modern world that changes life for the better.

[krisnt80]

Never is a lot time to even think about it, but well taking into consideration bitcoin power its unlimited it wouldn’t be a wise solution to sell bitcoin knowing its potencial its huge, but there are several people wich are able to change their life already, soo why and how to say to them to don’t sell and use the benefict they earned to improve their life. For investors as me isn’t yet the right moment to sell im waiting 2020 halving to choose to hold for more time or to exchange part of my  funds to get a better life.

[Viscore]

Bitcoin is very good as a long-term investment and we must hold it if we want to get the maximum profit and become very rich. This is the strongest crypto currency in the modern world that changes life for the better.

The strongest currency? Maybe I would not agree with that but it has a big potential it would disrupt the financial world.
Big investors are considering of holding bitcoins now, they just transferred some of their investment because they saw a great potential,
some we should be celebrating now.

[laurenB7742]

I am not sure that I agree that you should NEVER sell your bitcoins. This means that everyday commodities will be available to be bought with bitcoin. I am not sure you will ever be able to buy cabbage at an open market or ice cream an the street with bitcoin. So I think we will always need some fiat money, even after 50 or 100 years from now.

[Helen Holmes]

You should use your Bitcoins one day - but as off now, it would be a pure stupid move to sell your available coins. I could see the coins rise quite much in value in the next weeks - will it reach the 1000-mark in 2016 is too early to say, but indeed a possibility. It seems Bitcoins are getting a bigger audience, which means the demand on the coins increases. Simple demand/supply theory says the price will rise - so keep your coins close to you!

[Aamir1]

The strongest currency?

Maybe you should read well first and then comment. Here is what he said:

the strongest crypto currency

Though the price of bitcoin has been very volatile these days and for sure we believe it can go up in the long term, but i don't think a person can keep the coins forever and wait for the price to reach the moon to sell them. Someone might get an emergency and need money, or there can be any other reason, but if someone can really hold them for so long, he will surely get a lot out of it.

[Williamscott]

What is the point that you are saving your bitcoin? To make money? To make profits? To make some nice rewards?

How you can achieved that if you never sold your bitcoin?

[batang_bitcoin]

What is the point that you are saving your bitcoin? To make money? To make profits? To make some nice rewards?

All of the choices, I do save bitcoin to make money, to make profit and to give myself and my family some nice rewards. And that can happen when I'm selling my bitcoin at my very comfortable price.

How you can achieved that if you never sold your bitcoin?

That's why we had to sell. 

[lordquanta]

Looking at the run of bitcoin in recent time(last three years), bitcoin is becoming more and more bullish/rocketish. This is yielding more and more profit for those who simply HODL them. Those who have invested bitcoins in any other crypto or scheme are likely facing sour experience of missing the train.
Though bitcoin is a currency, it has become investment instrument. And this instrument is providing more and more profit irrespective of current price.

[oliver scott]

I won't say never, but holding instead of panic selling is advised. I remember i did some panic selling in the past.
But after the last dip i know it's better to buy more instead of selling.

[Zeke_23]

I won't say never, but holding instead of panic selling is advised. I remember i did some panic selling in the past.
But after the last dip i know it's better to buy more instead of selling.

im also doing the same thing as you do, i wont say that i will hold it forever, i will just hold it until the day come that i need money. if i dont need to withdraw then ill hold it and keep it. its better than selling it at low price.

[mistanama]

I guess the 2 main reason why some people sell their bitcoin is that: firstly, they need real money and most of the establishments are not yet accepting bitcoin as payment. And, whenever there is a sudden increase on bitcoin's value they are panicking that it may get lower again on the next minute so they are grabbing the chance while it's still on a high rate. For me, it is inevitable to sell bitcoin to those people who don't have much.

[richkellj]

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.

Yep, you are right and I do not think so paying some pennies when you have dollars in thousands is nothing bad. What I personally like is directly converting bitcoins into fiat without involving these banks. I have never liked these banks for they are always searching for methods of grabbing money from the customers.

[fasdorcas]

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.

Yeah, the world is treating bitcoins as long term investment. It is really useless to treat bitcoins as short term investment or sell them off for few dollars. They are worth million dollars when treated as long term investment. Bitcoins are the diamonds of digital world. Treat them as an asset.

[Rizky Aditya]

I won't say never, but holding instead of panic selling is advised. I remember i did some panic selling in the past.
But after the last dip i know it's better to buy more instead of selling.

im also doing the same thing as you do, i wont say that i will hold it forever, i will just hold it until the day come that i need money. if i dont need to withdraw then ill hold it and keep it. its better than selling it at low price.

Holding bitcoins is always better than selling them off that too at cheap rates. Bitcoins are ever growing investment and I don’t see any end to their growth.

With time, more and more people will start investing into bitcoins and that will further increase the value of bitcoins. Bitcoins should be selling off only when you have nothing else to meet your demands.

[cherryganda]

i did sell my bitcoin yesteday at high value of $4348 per BTC as my prediction that i will go down in rapid time of 3-12 hours annd yes it is.. iwas right..
but then i did this becuase i always look on the graph of the market about USD to BTC...
and the prediction came right and it reaches the lowest point as i am on the order list already.. YES!!! bitcoin was at $3900 like 12 to 16 hours  hours ago
so i ordered a max value on BTC for $3900 ... and now as of this momentit is $4125 per BTC so i am gaining again..
if you think you cant do this time by time i will let you do is wait but if you are on free time the whole day try to do this..

[stardustin]

Can't understand one thing, if I will never sell my bitcoin's, than why do I have that? Why do I have to hold bitcoin forever if it can to change my financial situation? This isn't a good idea, you have to use bitcoin in smart way, hold it for years to get good profit, sell it, spend it.

[Aventhe]

Well this certainly depends on when you buy bitcoins. If you are a serious trader, then selling your coins is something that you just have to deal with. However, as mentioned before, if you directly buy an item with bitcoin, you are going to have to pay less for transaction and processing fees if you were to sell your BTC for fiat and then buy the exact same item. This is why amazon is a huge hit for bitcoiners as they can easily buy an item at the click of a button (not literally, but much faster than with normal fiat, or selling bitcoins to fiat)

Just hold onto your bitcoins and reap the profits that will come in a few years, if not months.

[Lancusters]

If people do not use their bitcoins it will be a useless burden. We see that a lot of people do, and if you sell bitcoins and then later regret it when the price rises. Bitcoin is not stock but currency. He created to buy various goods and earn for the completed work. If people will understand that bitcoin will live. If not then we do stand up of the bitcoin pyramid which will crash down around us the rubble.