Why You Should Never Sell Your Bitcoins Ever

[Grayy]

So are we in the apocalypse now?

This is my own opinion with that, we should never sell our bitcoins ever because the value of it is we will surely pump every year so if we will just hold it for long time maybe 3years i am very sure that the value of bitcoin is we will be very high and when thaf will happen we can make many money from it.

Hodling isn't a bad idea. But you can continuously hodl  when bitcoin becomes a "worldwide " currency. During this era you can buy and sell whatever you want with your bitcoins. When we get to that stage we will hodl and spend as little BTC as possible.

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[lifengpu]

Well, selling in any case will simply not now and so the reason is one as it seems to me that in the future it will become even more expensive

[Grayy]

What the use of your bitcoin if you don't want to sell it anymore? What if bitcoin is become end and gone it without any reason to stop it. Then your bitcoin doesn't have any value to sell. And it's useless that you're still using bitcoin with nothing..

Many companies are considering accepting bitcoin as means of payment for services/transactions. KFC Canada accepted bitcoin. Billionaire companies are seeing the future with btc and cryptocurrencies. Originally the sole aim of btc was not to buy and sell btc.  Peer to peer transactions was key to the eruption of this technology. Apart from selling you can do some transactions with your btc

[Jembut Ireng]

I never sell bitcoin all this time because I think that the price someday will improve, especially now the bitcoin price is dropping and make me sometimes panicked to sell and luckily I can still be patient.

[Questat]

I never sell bitcoin all this time because I think that the price someday will improve, especially now the bitcoin price is dropping and make me sometimes panicked to sell and luckily I can still be patient.

Definitely the price will increase in the future, it requires patience for you to maximize your profit.
It's not that you should never sell, just sell when you need and when you are already satisfied with your profit, always believe in the future
of bitcoin so you will always be confident in holding it.

[rockyboy]

Because the price of bitcoin increases.  If you hold your bitcoin, your investment will increase as well. If you are thinking your future in a very wise way,  holding it will be much better and will give you a good future.

[Hotel_Prodeo]

Why I do this? certainly because I am sure that the future of bitcoin will continue to improve, although earlier this year many users are switching to fiat and the south korean government banned bitcoin but this will not have a significant impact.

[Destnhel]

Because holding your bitcoin is the best to do when bitcoin price is dropping. You need to have patience in waiting because it will surely up its values someday in the future and will improve continuesly.

[Dark Sky]

Because holding your bitcoin is the best to do when bitcoin price is dropping. You need to have patience in waiting because it will surely up its values someday in the future and will improve continuesly.

Bitcoin price will going to more high and you will get best profit, so its very good work that you will hold your bitcoin and you cannot sell, so its profit will very beneficial for your future and you can anything in your life because bitcoin is very good opportunity for best lifestyle.

[Lupus Solitarius]

Money is made to be spent! If you become millionaire but you don't spend your money, I don't see any sense in this!
Of course, you have to evaluate the best move, but to gather and keep bitcoin just for the sake of it, it's absurd.

[marseille]

The price of bitcoins will increase in long term so the best thing would be to save bitcoins for future without spending it now as if you want to make more money then you should hold your coins as price of bitcoin has gone down after South Korea banning bitcoins but this dip will be only temporary and it will become expensive once again in near future but don't hold it too long and sell some of it when you are already making good profits and you can re buy it when price goes down later on.

[Creepings]

Because the price of bitcoin increases.  If you hold your bitcoin, your investment will increase as well. If you are thinking your future in a very wise way,  holding it will be much better and will give you a good future.

But that doesn't mean that we would not trade or even use bitcoin as a trading tool or currency right? Yes it is good to save or hold bitcoin, but it also means that we will be holding it and not even move some of it for investing and paying right? It may pump or increase for a mean time but it also dumps and that means that we must not always hold bitcoin but we also need to use and enjoy that pump.

[goldcoinminer]

Because the price of bitcoin increases.  If you hold your bitcoin, your investment will increase as well. If you are thinking your future in a very wise way,  holding it will be much better and will give you a good future.

But that doesn't mean that we would not trade or even use bitcoin as a trading tool or currency right? Yes it is good to save or hold bitcoin, but it also means that we will be holding it and not even move some of it for investing and paying right? It may pump or increase for a mean time but it also dumps and that means that we must not always hold bitcoin but we also need to use and enjoy that pump.

We can be short term trader or a holder, that is necessary for us to do if we want to have a good benefit of what we are holding.
Bitcoin will grow in the future for sure but there is no assurance it will continue to go up because the future is unseen and the is the risk for investing.

[PalindromemordnilaP]

im not selling my BTCs - im just using tchem to buy goods.

not my fault some companies sell them later tho..

Good for you that you are only using btc as payment to buy goods. I preferably holding my bitcoin because i wanted to sell it later at a higher price that would give ma double or triple ROI.

[Anco_Marzio]

?
What would be the advantage to have a lot of money (or bitcoin) if you don't use them?
Of course, it could be a good long term strategy to keep part of them untouched, but in rest, money is made to be spent :-)

[Semosuchi Tesongrato]

Any economic decision is taken in a specific moment: it doesn't make any sense to discuss it when the situation is different.
Nobody knows if bitcoin will rise again or if it will crash, but "never sell" is a bad advice.

[markk94]

for the maximum profit of investment ofcourse. i am not that talented in trading term, so i prefer hold on to some coin and enjoy their prices up in the matter of time. well, it is better to invest than stay in paper money  

[doycku]

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?

  As far as I understand, we earn bitcoin in order to spend it. If there is no way to make purchases for bitcoin, then why not change bitcoin for fiat? that's when bitcoin will accept payment structures then do not have to sell it.

[Black Angel]

I never sell bitcoin because bitcoin is a future investment that will make me successful and rich, I'm sure this is happening soon and I will be patient to wait and not interested to sell bitcoin in the near future.

[Farhan786]

Cause spending bitcoin directly is the only way for not selling it. But main stream kind of adoption only will give desired effects of do not sell bitcoin concept.I'll keep holding, because I know the real value. If you dump, that would mean I could have more cheap coins.