Never sell your Bitcoin?

[randegibran]

it's not that we don't want to sell our bitcoins.but I tend to hold back if the bitcoin price hasn't experienced a significant increase, that's why I don't want to sell and choose to keep it for an indefinite time. I will not wait anymore to sell it and I will release it on the stock market

[wallet4bitcoin]

To Be Honest, I will never hold my BTC for lifetime. Yes I will buy bitcoin for making profit. If my BTC price increase and i am happy with the profit l, Then I will sell and a wait for a great buy. If I hold btc for lifetime, That's will never value my life. I believe if i hold BTC for a long time, I get big profit. I am not too rich to locked btc for lifetime.

[EvieLannister]

It still depends on where you live. Some places prohibit the possession of Bitcoin, even if you want to own it. It is recommended that you do not sell your assets if the country allows it. Especially valuable coins.
If you want to sell, you don’t have to be sold in legal tender, you can directly use it as currency for payment transactions.
If the country prohibits the use of cryptocurrency, then don’t hold it, it’s better not to
(Offending the law).

[rina aulia]

It still depends on where you live. Some places prohibit the possession of Bitcoin, even if you want to own it. It is recommended that you do not sell your assets if the country allows it. Especially valuable coins.
If you want to sell, you don’t have to be sold in legal tender, you can directly use it as currency for payment transactions.
If the country prohibits the use of cryptocurrency, then don’t hold it, it’s better not to
(Offending the law).

Obeying the law is of course the best solution, if we can't accept money from bitcoin for reasons it's prohibited and there are no exchanges that accept it then the best way is to look for an exchange from another country like Huobii or Binance, I once withdrew with USD on binance and entered the account around 10 days and I think everything is fine.

You better not get involved with bitcoin (Offending the law), you know it's against the law but don't want to sell the bitcoins you own, are you serious? If you want a withdrawal solution then you can use an alternative withdrawal on the P2P service on binance.

[Bagong91]

I really like Bitcoin and its direction of development, so regardless of short-term price fluctuations, I plan to invest in the long-term.

if you have bitcoin in your wallet and you think bitcoin will grow for a long term investment it's a very good decision, because the decision on our investment is in your hands no matter what people say when u believe in a project/coin and you seen it from all sides of us must be sure of it

[Elsaveronicha]

I believe that, as in any investment, you have to buy something and then sell it. Many people sell stocks to buy more. I think the same thing happens with bitcoin. Whoever wants to buy bitcoin. They wait for it to drop in value. It's not profitable to buy at a high price. And the one who sells, he doesn't want to lose his bitcoin money. You can wait. Like many people did before bitcoin jumped in value. But I still think bitcoin is worth selling. If you have a good offer. Because it's a good tactic. For future investments.

although the price of bitcoin is very volatile.  But if we keep it for the long term, bitcoin is very profitable.  There's nothing wrong if you take profit, but you don't regret it if the price of bitcoin gets higher.

[KaliLinux]

you should never sell your Bitcoin, you should hold it for a lifetime.

You are getting it wrong. Just imagine if everyone that has Bitcoin keep it till lifetime, no selling, what do you think will happen to the Bitcoin economy. As far as Bitcoin exist it must be sold out, exchange must take place . Where there is no exchange no market

You are right. I still believe that most Investors take this out of context about not selling Bitcoin. It is not possible or I should say, it makes no sense for you not to sell Bitcoin. This is an investment whether we agree or not and the reason is for you to make profits and you have to take profits at some point otherwise there is no need to invest and keep them forever without selling. I believe the idea is for you not to sell all your Bitcoin because it has that potential to continue to appreciate over time,
so it is a very good investment for us to Hodl for future gains. 

[jakdanyel]

Having a strategy like "never selling" is very dangerous. Because then, there is no meaning in holding Bitcoin. HODLing doesn't mean that you will never sell your profit. It means that you make a long term investment. And you set a price goal for yourself. When Bitcoin price reaches it, you sell some or all of your profit. That helps you not to do stupid things.

[Slow death]

Having a strategy like "never selling" is very dangerous. Because then, there is no meaning in holding Bitcoin. HODLing doesn't mean that you will never sell your profit. It means that you make a long term investment. And you set a price goal for yourself. When Bitcoin price reaches it, you sell some or all of your profit. That helps you not to do stupid things.

your post should be added to the OP for finally many people to understand that life is not just about buying and making Hodl until the person dies without ever selling their bitcoin, I get shocked every time I read stuff like that of people who buy bitcoin to make hodl and they never want to spend bitcoin even when they already have 10X profits, what is the purpose of making an investment and making 10X profits and not taking a part to buy things in the real world? I don't understand people who think about making eternal hodl

[blackened515]

Having a strategy like "never selling" is very dangerous. Because then, there is no meaning in holding Bitcoin. HODLing doesn't mean that you will never sell your profit. It means that you make a long term investment. And you set a price goal for yourself. When Bitcoin price reaches it, you sell some or all of your profit. That helps you not to do stupid things.

I agree with you. Holding don't mean one shouldn't sell his/her Bitcoin. I heard stories about people who held their Bitcoin and refuse to sell even when they have made a pretty good profit till their death. We all invest to make profit, and it will be a wise idea selling some of your coin when you have made some profit. I think greed makes some people not to sell their bitcoin, they are basically not satisfied with the profit they have made.

[mrongos]

Having a strategy like "never selling" is very dangerous. Because then, there is no meaning in holding Bitcoin. HODLing doesn't mean that you will never sell your profit. It means that you make a long term investment. And you set a price goal for yourself. When Bitcoin price reaches it, you sell some or all of your profit. That helps you not to do stupid things.

I totally agree with your opinion, maybe we will be the stupidest people, if we continue to keep your bitcoins, while you have nothing else to use as capital for our lives, this is a business, if I get a little profit, it's done. definitely I will sell a little bit of my bitcoin, then I will buy it back when the price goes down..

[marissa23]

I really like Bitcoin and its direction of development, so regardless of short-term price fluctuations, I plan to invest in the long-term.

if you have bitcoin in your wallet and you think bitcoin will grow for a long term investment it's a very good decision, because the decision on our investment is in your hands no matter what people say when u believe in a project/coin and you seen it from all sides of us must be sure of it

When people invest of course the main goal is profit, many people expect short-term when buying bitcoin so when the price drops they panic and sell immediately, after that the price goes up and he regrets, make sure before investing then we have a clear goal, namely profit, never sell when you lose.

I agree that many people panic when the price of btc goes down so they take the wrong conclusion that they sell when the price of btc goes down because they are afraid that the price of btc will go down even more. This condition happened to me when I first joined the crypto world.