Why You Should Never Sell Your Bitcoins Ever

[crypt0heaven]

Dont you ever sell all your bitcoin.

Its fine to sell a fraction in case you want to keep some FIAT ammo to buy dips.

Its ok to diversify and buy alts with a certain %.

What im saying is, dont you ever sell all your bitcoin in case you really feel like doing it.

[BlackRock]

It is not that profitable price to sell, I will hold for the future as I have faith and trust  that the bitcoin price will be much higher in next 5 to 10 years.So I can afford to wait till then and not selling at a lower price or on crashes

[slyfox]

You can't say we use bitcoin for short term. Bitcoin is like a long term investment and in return it gives you some benefits. More you hold your coin more you earn the profit that's the reason why people use and hold  bitcoin for long term. Many people bought the Bitcoin in 2009 a year when the bitcoin was just launched and now the're billionaire.

If they held for that long, I have severe doubts that people that bought at the early stages still have their coins, if you look at old discussions in the forum there were people that thought bitcoin will never reach 10 dollars and now look at the price so it is likely they sold too early and lost money as a result.

[Semar Mesem]

bitcoin is more stable currency. if you sell your btc you never buy at same price you need to buy at higher price so you loose your profit.

You are right, if we sell now then we will buy at a higher price so I advise not to sell bitcoin now, let alone soon in 2018 and the price will skyrocket.

[Cangkeman Wae]

I never sell bitcoin because I'm sure that someday bitcoin becomes very expensive, the price of $ 14k or the current price looks so cheap that it makes me eager to keep buying bitcoin.

[Bacotan Bae]

I never sell bitcoin because I'm sure that someday bitcoin will be very expensive, but for now I sell a bit of bitcoin because I'm going to vacation out of the island and need a lot of money.

[SacriFries11]

I never sell bitcoin because I'm sure that someday bitcoin becomes very expensive, the price of $ 14k or the current price looks so cheap that it makes me eager to keep buying bitcoin.

I agree, bitcoin become more valuable it the future and after $14k dumps, its already bounces back to $15k and it's best time to buy for those who can afford.
It’s better to keep your bitcoin rather spend it.  If you’re planning to spend it, I suggest you to be more patient and wait a few more time bitcoin price leads to another remarkable all-time high. Bitcoin is the best investment we have today and its price has not reached at its peak so we have this huge opportunity to invest.

[ronafurw]

Because bitcoin has not reached its peak value yet. If those speculations made by experts and some other billionaires that it will reach to a million dollar worth for the coming years, then you can never be a millionaire if you sell your 1 bitcoin today.

If you have Bitcoins and you are ever selling them to get rid of them, then you are at loss brother. The price of Bitcoins will increase eventually. Regardless of the fluctuations in its price, it will go up at last. Therefore, selling your Bitcoins in uncertainty is bound to give loss of investment and potential profits. People who are trading Bitcoins always keep good amount of Bitcoins as a reserve for future earnings.

[fcf1081]

Because it has the potential to increase it value.. all the more you hold it the more you get a chance to profit..if you buy bitcoin during low price and hold it for a long time then you will become Millionaire perhaps someday.. but then again if you sell it for some good reason for investment reason it will also be good anyway it's your Bitcoin, it's your decision.

[burdagol12345]

Reading the responses to the recent topic titled, "I would sell all my bitcoins if…." has left me concerned.

The kinds of responses on that thread reveal a deep misunderstanding of bitcoin and the current monetary system in many of those who are speculating. Let's consider the scenario in which bitcoin reaches $1000 or let's say $10,000 per bitcoin. Many have said they will cash out if bitcoin reaches this point. Why??

If bitcoin reaches $10,000 it will have to be because the fiat currencies of the world are tumbling to worthlessness via a hyperinflation type scenario and bitcoin is the safe haven, which if you know anything about the current monetary systems of the world, you know this is inevitable. (there have been 3800 fiat currencies throughout history and EVERY SINGLE LAST ONE has crashed to worthlessness; a value of zero) Why would you then sell all of your sound money (Bitcoin) for a bunch of fiat money that is inevitably becoming worthless? I don't understand the logic in doing that.

If bitcoin ever reaches $10,000 per bitcoin, you will NEVER see me selling for fiat paper money. You may however see me having a shopping spree at Overstock.com or TigerDirect.com or NewEgg.com! I will be buying things I want with my bitcoin profits DIRECTLY WITH BITCOIN, not selling my bitcoin for paper fiat. Hopefully by then there will be many more options, perhaps even Amazon.com will be accepting bitcoin for goods and I can have my shopping spree there.

Point being, selling bitcoin for dollars seems counterproductive. Why convert your paper fiat currency into sound value storing superior bitcoin, only to sell all of your superior bitcoin back for worthless antiquated fiat currency again? Why not just spend the bitcoin itself to buy what you want instead of taking a loss by converting back into dollars which will inflate away eventually anyway?

I would never sell,my bitcoin ever because,i invest it in my wallet in coins.ph.because i want it to grow in a long term investment,and if there is oppurtunity i would like  to join in investment trading,so that i can gain a huge profit to support and fullfill my needs,and use the rest , as an investment for the future need of my family.i hope someday when bitcoin will continue to growth my goal in world of digital currency  will posses.

[Wong Gendheng]

I never sell bitcoin again because I'm sure that the future and bitcoin prices will improve and of course the price is more expensive than now. this is what makes me not interested to sell bitcoin.

[LeaderAMB]

bitcoin is more stable currency. if you sell your btc you never buy at same price you need to buy at higher price so you loose your profit.

You are right, if we sell now then we will buy at a higher price so I advise not to sell bitcoin now, let alone soon in 2018 and the price will skyrocket.

I don't think so, the price of Bitcoin and Altcoins is always move up and down if you can technology analysis and then sell it when its price is high and buy its price is lower you can get a lot of profit. But to make this is very hard, you have to knowledge and control your emotion.

[Baggong]

Based on previous experience, when I sell bitcoin then not how long the price will skyrocket, this has been repeated several times and of course make me regret, from experience that makes me will not sell bitcoin again.

[conected]

I never sell bitcoin again because I'm sure that the future and bitcoin prices will improve and of course the price is more expensive than now. this is what makes me not interested to sell bitcoin.

- We are aiming for the future of bitcoin, the price of bitcoin will increase ever higher at that time, if we sell bitcoin too soon, we will only get regret, people are always greedy and nobody wants to regret, so we do not sell Bitcoin until we get a price that we are most satisfied. In short, not that we never sell, we will definitely sell but that is at the right time, the whole world is gradually heading for bitcoin, they are focused and invested in bitcoin, the opportunity to increase the price of bitcoin is huge, when bitcoin exploded, that would be a great time to sell, now it's still not a good time

[Tiktik]

Reading the responses to the recent topic titled, "I would sell all my bitcoins if…." has left me concerned.

The kinds of responses on that thread reveal a deep misunderstanding of bitcoin and the current monetary system in many of those who are speculating. Let's consider the scenario in which bitcoin reaches $1000 or let's say $10,000 per bitcoin. Many have said they will cash out if bitcoin reaches this point. Why??

If bitcoin reaches $10,000 it will have to be because the fiat currencies of the world are tumbling to worthlessness via a hyperinflation type scenario and bitcoin is the safe haven, which if you know anything about the current monetary systems of the world, you know this is inevitable. (there have been 3800 fiat currencies throughout history and EVERY SINGLE LAST ONE has crashed to worthlessness; a value of zero) Why would you then sell all of your sound money (Bitcoin) for a bunch of fiat money that is inevitably becoming worthless? I don't understand the logic in doing that.

If bitcoin ever reaches $10,000 per bitcoin, you will NEVER see me selling for fiat paper money. You may however see me having a shopping spree at Overstock.com or TigerDirect.com or NewEgg.com! I will be buying things I want with my bitcoin profits DIRECTLY WITH BITCOIN, not selling my bitcoin for paper fiat. Hopefully by then there will be many more options, perhaps even Amazon.com will be accepting bitcoin for goods and I can have my shopping spree there.

Point being, selling bitcoin for dollars seems counterproductive. Why convert your paper fiat currency into sound value storing superior bitcoin, only to sell all of your superior bitcoin back for worthless antiquated fiat currency again? Why not just spend the bitcoin itself to buy what you want instead of taking a loss by converting back into dollars which will inflate away eventually anyway?

thw main reason is bitcoin is not a little thing because bitcoin is a big thing now and the value is not stable and more percent that it will increase the value of price more by the next year and in the next generation.

[pedromonteverde]

I think it's better for us to keep our Bitcoin til it's official become a worldwide currency which could be method payment for every websites in this world. At that moment i think the price could be at 100k$ for each BTC.

[Rufsilf]

You should never sell your bitcoin because the price is keep on rising and that is the reason for you to not sell your bitcoin so you can grab those chances to make a lot of profit by just making bitcoin as a source of passive income since its price is keep moving up and even though it is volatile, in the long run you will still make money.

[abayan]

I never sell bitcoin again because I'm sure that the future and bitcoin prices will improve and of course the price is more expensive than now. this is what makes me not interested to sell bitcoin.

- We are aiming for the future of bitcoin, the price of bitcoin will increase ever higher at that time, if we sell bitcoin too soon, we will only get regret, people are always greedy and nobody wants to regret, so we do not sell Bitcoin until we get a price that we are most satisfied. In short, not that we never sell, we will definitely sell but that is at the right time, the whole world is gradually heading for bitcoin, they are focused and invested in bitcoin, the opportunity to increase the price of bitcoin is huge, when bitcoin exploded, that would be a great time to sell, now it's still not a good time

It is not really to "never sell bitcoins ever" but to "Hold. Analyze. Strategize". I agree with what you have said because trading is like gambling. In this kind of business, we don't rely on our fear of what if's. The best way to decide whether to sell your bitcoin depends on your own satisfaction and not on greediness. The price of bitcoin is very inconsistent regardless of the fact of the continuous high demand on this cryptocurrency, we can still never know the future of this. Better be prepared. Try to weigh everything and take risks.

[JRoa]

I never sell bitcoin again because I'm sure that the future and bitcoin prices will improve and of course the price is more expensive than now. this is what makes me not interested to sell bitcoin.

- We are aiming for the future of bitcoin, the price of bitcoin will increase ever higher at that time, if we sell bitcoin too soon, we will only get regret, people are always greedy and nobody wants to regret, so we do not sell Bitcoin until we get a price that we are most satisfied. In short, not that we never sell, we will definitely sell but that is at the right time, the whole world is gradually heading for bitcoin, they are focused and invested in bitcoin, the opportunity to increase the price of bitcoin is huge, when bitcoin exploded, that would be a great time to sell, now it's still not a good time

Bitcoin gave us big opportunity to become rich. We need to use this opportunity for us to become successful person. I know that we will not regret if we will do long term investment with bitcoins. 

[sangalangdavid]

I never sell bitcoin again because I'm sure that the future and bitcoin prices will improve and of course the price is more expensive than now. this is what makes me not interested to sell bitcoin.

- We are aiming for the future of bitcoin, the price of bitcoin will increase ever higher at that time, if we sell bitcoin too soon, we will only get regret, people are always greedy and nobody wants to regret, so we do not sell Bitcoin until we get a price that we are most satisfied. In short, not that we never sell, we will definitely sell but that is at the right time, the whole world is gradually heading for bitcoin, they are focused and invested in bitcoin, the opportunity to increase the price of bitcoin is huge, when bitcoin exploded, that would be a great time to sell, now it's still not a good time

Bitcoin gave us big opportunity to become rich. We need to use this opportunity for us to become successful person. I know that we will not regret if we will do long term investment with bitcoins. 

Yes, he's right. Once the price increases and you're satisfied with it, sell your bitcoins and convert it into money before it's too late. You can invest in other businesses because we don't know what is happening behind this but I really love working here because this is very helpful for me.