Never sell your Bitcoin.

[As-Soon-As]

Do you truly understand why Bitcoiners say, “Never sell your Bitcoin”?

You can follow how important Bitcoin holding is in the future, and you can also remember what you are doing now by looking at the ratio of the price at the time you entered Bitcoin and the current price. If we consider this price difference, there will be a greater difference in just a few years when we compare it to the future, the more Bitcoin moves into the future, the more its value will continue to increase. The current situation will be more interesting when you can hold Bitcoin for a long time, so Bitcoin should never be sold. That is why you definitely need Bitcoin investment if you want to be financially successful in the future.
Because inflation is being created, but the more Bitcoin moves into the future, the more its value starts to increase. So it is most important to hold Bitcoin against inflation.

[Hamza2424]

There are very few cases where people who bought Bitcoin at initial days hodl it for next 15 years and selling now. Majority of people keep buying and selling whenever they see desired profit or they are in need of money. Bitcoin is great digital asset and will no doubt give you good return if you hodl it for long duration like five years or more. But there is no harm in selling Bitcoin if you are in need of money and you think you are getting good profit because the core point of every investment is to get profit which can help us in improving our financial status.

Yep, that's the harsh reality, because early investors bought so cheap and sold for such small profits that they cry now. I have even seen a member here remorse over the time he spent trading BTC while he did not make enough and the profit would be a lot more now if instead of trading he would have held it.

That's what we are going to feel in the next few years when the price is going to hit higher numbers and everyone is going to panic again, but not in the same way.

[OsaiEmma]

I will be honest until a few years ago, I did not really understand what “never sell your Bitcoin” meant. I thought the point was simply that you should never sell Bitcoin because its exchange rate would keep rising. Why sell something that is gaining purchasing power

But when I started spending time with Bitcoiners, attending Bitcoin meetups, and reading books from the Austrian School of economics, I realized that this was not the real point. That is when I finally understood why Bitcoiners say: “Never sell your Bitcoin.”

Do you truly understand why Bitcoiners say, “Never sell your Bitcoin”?

I treat Bitcoin as an investment. I have a target, a goal in mind. When you treat Bitcoin as an investment with a goal, you definitely won't just sell your Bitcoin.

I feel not selling your Bitcoin is about accumulating always. DCAing until you hit your target. Even when you sell, sell a fraction, and buy again. But first build your portfolio to a point where selling a fraction is actually a big deal. What I mean is, selling 1% of your portfolio will give you a significant amount, and keep buying whenever you have the chance. That's what I think not selling your Bitcoin probably is.

[Agbe]

Do you truly understand why Bitcoiners say, “Never sell your Bitcoin”?

As an investor in bitcoin, you don't just invest in the ocean but you must have a plan (goal) to achieve at the long run because you can't invest forever and they will be a time for you to sell so when will that be is the big question for all the investors. Every investor has their time frame of the investment. Some of the investors use 5 years plan while some 10 years and more. And before you sell, you have to look at the period you want to sell. Is it a all time high period or bear market period. Because if it is not favoring you at the time you want to sell, you have to extend the investment time to a favorable time and sell. There must be a time for sell that is my point.

[bubilas]

I will be honest until a few years ago, I did not really understand what “never sell your Bitcoin” meant. I thought the point was simply that you should never sell Bitcoin because its exchange rate would keep rising. Why sell something that is gaining purchasing power

But when I started spending time with Bitcoiners, attending Bitcoin meetups, and reading books from the Austrian School of economics, I realized that this was not the real point. That is when I finally understood why Bitcoiners say: “Never sell your Bitcoin.”



Do you truly understand why Bitcoiners say, “Never sell your Bitcoin”?

You can't just say that Bitcoins in the wrong hands should never be sold. See what I mean: everyone with Bitcoins has a certain purchase price, unless this guy is a Bitcoin miner, of course. So, everyone is pursuing their own goal in the crypto world. Someone bought Bitcoin to multiply their dollars later. Someone bought it in order to have more Bitcoins in the future. And someone just holds it and that's it, because they don't have time to look at the charts. All these people are different and everyone on the way to the goal will have their own moments when it is better for this person to sell and buy. Only a small percentage of investors can hold it.

[ultrloa]

I will be honest until a few years ago, I did not really understand what “never sell your Bitcoin” meant. I thought the point was simply that you should never sell Bitcoin because its exchange rate would keep rising. Why sell something that is gaining purchasing power

But when I started spending time with Bitcoiners, attending Bitcoin meetups, and reading books from the Austrian School of economics, I realized that this was not the real point. That is when I finally understood why Bitcoiners say: “Never sell your Bitcoin.”

Do you truly understand why Bitcoiners say, “Never sell your Bitcoin”?

I treat Bitcoin as an investment. I have a target, a goal in mind. When you treat Bitcoin as an investment with a goal, you definitely won't just sell your Bitcoin.

I feel not selling your Bitcoin is about accumulating always. DCAing until you hit your target. Even when you sell, sell a fraction, and buy again. But first build your portfolio to a point where selling a fraction is actually a big deal. What I mean is, selling 1% of your portfolio will give you a significant amount, and keep buying whenever you have the chance. That's what I think not selling your Bitcoin probably is.

Each of us have goals for investing on Bitcoin, but what really need to put in our minds that we should not ride with the fuds and let those manipulators control our minds.

If we always have tendency to sell in panic then chances to lose always is big, also much better for them to stop investing if they continue to get panic because nothing will happen with them unless they change their attitude.

Despite of current price fall people must know that Bitcoin is still better asset and have chance to pump. If they don't have patience to wait to go home as loser, but if they believe its potential then choose to hold and continue to accumulate on bearish situation. They provably have chance to get rewarded same as what other people experience before.

[Just Say]

I will be honest until a few years ago, I did not really understand what “never sell your Bitcoin” meant. I thought the point was simply that you should never sell Bitcoin because its exchange rate would keep rising. Why sell something that is gaining purchasing power

But when I started spending time with Bitcoiners, attending Bitcoin meetups, and reading books from the Austrian School of economics, I realized that this was not the real point. That is when I finally understood why Bitcoiners say: “Never sell your Bitcoin.”

Do you truly understand why Bitcoiners say, “Never sell your Bitcoin”?

I treat Bitcoin as an investment. I have a target, a goal in mind. When you treat Bitcoin as an investment with a goal, you definitely won't just sell your Bitcoin.

I feel not selling your Bitcoin is about accumulating always. DCAing until you hit your target. Even when you sell, sell a fraction, and buy again. But first build your portfolio to a point where selling a fraction is actually a big deal. What I mean is, selling 1% of your portfolio will give you a significant amount, and keep buying whenever you have the chance. That's what I think not selling your Bitcoin probably is.

I think the advice to never sell your Bitcoin is based on the idea of BTC's long-term price appreciation and it is also reasonable that even based on the limited supply of Bitcoin, as a result if we contact Bitcoiners, we may have a clearer idea about this issue.. Also, your explanation seems somewhat reasonable because not selling BTC means accumulating it all the time and DCAing until you reach your specific goal. Actually every investor has a clear goal, so if they sell some of their portfolio after taking it to that level, those investors have the potential to make a significant amount. Therefore understanding this, investors will have to fill up the coin deficit that has arisen in their portfolios and buy whenever they get the chance, so it seems like this is probably the point of not selling Bitcoin.

[Fivestar4everMVP]

I will be honest until a few years ago, I did not really understand what “never sell your Bitcoin” meant. I thought the point was simply that you should never sell Bitcoin because its exchange rate would keep rising. Why sell something that is gaining purchasing power

But when I started spending time with Bitcoiners, attending Bitcoin meetups, and reading books from the Austrian School of economics, I realized that this was not the real point. That is when I finally understood why Bitcoiners say: “Never sell your Bitcoin.”



Do you truly understand why Bitcoiners say, “Never sell your Bitcoin”?

Well, for me, Ive always understood "never sell your bitcoin" to mean that we should never undervalue bitcoin, that is, we should never place a higher value on fiat than bitcoin.

Like for example, years ago and even in our present today, fiat is still a priority currency to many people including those in crypto, while they treat bitcoin as an option or second option after fiat, this type of people gather and save in Fiat more than they save in bitcoin (if at all they have savings in bitcoin)..
But those who place higher value on bitcoin save in bitcoin and treat fiat as an alternative or optional currency, what this mean is that bitcoin has become their main currency. So what this type of people is that every money they have is saved in bitcoin and even as they are making money, they are saving it in bitcoin, the only time you find fiat in their bank account is when they need it to spend on something..

For this type of people, it is already evident that they can never go empty on bitcoin because it has become their main currency, hence, they are never selling bitcoin though they can trade to earn more bitcoin.

[Cgrexp]

None of us should get into it with the intention of getting out quickly. Unless there is an unforeseen circumstance that could force us to get out of Bitcoin, such as age or health issues that we could not have anticipated when we first invested in Bitcoin. Trading Bitcoin or even playing with Bitcoin for 10 years or less is a bad idea unless there are people who come into Bitcoin and know that they only have a 4-10 year time frame due to age or health reasons. A person might be using Bitcoin to save up for something like a house in 4-10 years. But we find it hard to accept that a person would invest in Bitcoin, then buy a house with that investment, and then get out of Bitcoin completely. Because housing is probably a low-quality investment and it would not be fair to call it an investment if it is not a consumer good. So there may be a way to structure your investment in Bitcoin in a way that doesn't require you to completely exit Bitcoin, even if you have to sell a large portion of your Bitcoin, perhaps half or more, to buy a house or some other type of residential property. The point of this post is to show how Bitcoin can be presented as an investment rather than a transaction. I am quite critical of people who might blow all their BTC savings on residential property or some other low-quality place to put their money, and end up being a short-coiner or no-coiner because of such a decision, when they could have avoided this short-coiner or no-coiner situation if they had planned their finances better. While ultimately people can do whatever they want, I would judge them for their foolishness if they became short-coiner or no-coiner for any voluntary reason other than age and health reasons.

[Emitdama]

Selling decision will be personal choice even if someone suggest you never sell your Bitcoin. Indeed the exchange rate would keep rising but if they want to sell their Bitcoin, they can do that without telling others, that is their secret.

But if already had many Bitcoins say more than 1000 BTC, you can just hodl and never sell your Bitcoin. But for average joe, they will sell especially if they buy at a low because they want to make a profit. People want to make profit from Bitcoin so they will not just hodl and do not just use the term Never sell your Bitcoin.

Yes. We never know what someone is going through their lives. They may be struggling financially so they can not help but sell even at a loss. Not to mention it was theirs money they bought BTC (not ours). So they has the rights of doing so. A secret is a secret.

BTC is so valuable, so it is one of those things that we should keep as a secret. It protects us from different negative elements. If let say we have lots of BTC now, then actually we will not doubt about selling. Even if we sell most of them, there will still be sufficient amount that will be left in our purse. We invest in BTC at the first place to earn a profit, so what is the point of just stacking all the way and not selling? Right?