Never sell your Bitcoin.

[IjawMan]

If I hold Bitcoin and still choose not to sell even after making a profit in the future, then what would be the point of investing in it in the first place? If I make a reasonably good profit, I’ll definitely sell my Bitcoin and take the gain.

This sentence is just sarcasm. The decision is all in your hands. A good investment is one that brings the best profit. That’s why we have to be able to take advantage of any moment to make a profit. For example, the strategy of selling at the all-time high price and buying back when the price is low. Not everyone can hold on, because people have different goals. So we don’t need to make a big deal out of it since some people still hold and don’t really know when they’ll sell. Maybe the person who can hold out the longest is someone who doesn't need money to live. IMO

It is not a bad statement to make by telling an investor not to sell their Bitcoin,

The statement is only standing as an incentive to inspire us against selling out of panic from a downsloping price or hurrying to sell dew to excitement at the making of an insignificant profit, when you can hold for good length of years to make bigger profit before eventually thinking of selling.

The statement is telling us not to be like those early Bitcoin holders who sold their Bitcoins after it made it to $10,000 per Bitcoin, they could not hold it more further to see it to $100,000 above where the all time high

[Boiboi20]

If I hold Bitcoin and still choose not to sell even after making a profit in the future, then what would be the point of investing in it in the first place? If I make a reasonably good profit, I’ll definitely sell my Bitcoin and take the gain.

This sentence is just sarcasm. The decision is all in your hands. A good investment is one that brings the best profit. That’s why we have to be able to take advantage of any moment to make a profit. For example, the strategy of selling at the all-time high price and buying back when the price is low. Not everyone can hold on, because people have different goals. So we don’t need to make a big deal out of it since some people still hold and don’t really know when they’ll sell. Maybe the person who can hold out the longest is someone who doesn't need money to live. IMO

The statement sound more like sarcasm to me at end of the day everyone make their own investment decisions based on what works for them a good investment is one that brings profit so it make sense to take advantage of opportunities when they come for instance some people choose to sell when the price reaches an all time high and buy back when the market drips not everyone can hold forever and that is completely normal because we all have different goals and responsibilities some people need the money sooner while others can afford to wait so i don’t think it should be made into a big issue in my view the person who can hold the longest is usually someone who does not urgently need that money for daily living.

[Arenga pinnata]

If I hold Bitcoin and still choose not to sell even after making a profit in the future, then what would be the point of investing in it in the first place? If I make a reasonably good profit, I’ll definitely sell my Bitcoin and take the gain.

This sentence is just sarcasm. The decision is all in your hands. A good investment is one that brings the best profit. That’s why we have to be able to take advantage of any moment to make a profit. For example, the strategy of selling at the all-time high price and buying back when the price is low. Not everyone can hold on, because people have different goals. So we don’t need to make a big deal out of it since some people still hold and don’t really know when they’ll sell. Maybe the person who can hold out the longest is someone who doesn't need money to live. IMO

Everyone’s circumstances will always differ from one person to another. So I agree with Luzin that the decision is always  in our own hands. Perhaps there are people out there who truly already lead luxurious and comfortable lives. So when they invest in Bitcoin and say it’s for the long term, the meaning of “long term” for people like that might exceed what we can imagine. We might sometimes sell when the price reaches its peak, and some people even enjoy the profits from that, while others simply sell to wait for a price correction and buy back at that lower price. Well, there are many different options.

So, in my opinion, it really depends on each person’s individual circumstances. If our investment has reached a profit level that meets our target, then it’s fine to sell. Or there are situations where we’re forced to sell our investment due to financial pressures, even if we’ve only made a small profit.   So, in the end, everything comes down to each individual’s specific circumstances.

[Supreme Donvic]

No when to sell your bitcoin and went to hold it, we must be deliberate about every decision we are taking with our bitcoin investment so that we can be profitable about it, this is where every investor has to have a bearing which serves as the direction to them on what to do at a particular time, these ensures that every step we are taking are unto our profitability and not to make losses at the end of our bitcoin investment journey.

I believe all investors know how long they plan to hold there bitcoin before they can start selling. Those that are investing for a long term should have an anticipated timeline before they can think of selling. As for short term holders they may sell within a short term whether they are in profit or not. Though there are times investors can be pressured into selling there bitcoin even when they didn't plan to .The issue of never to sell bitcoin depends entirely if the person is still accumulating bitcoin because for those that have reached over accumulation phase it will wrong to say that they should never sell there bitcoin.

Yes everyone has a time plan to stop accumulating and holding Bitcoin there are people who have decided that they are going to accumulate and hold Bitcoin for 5 years and after that 5 years they will start selling their Bitcoin, we have people who have also decided to accumulate and hold Bitcoin for 10 years and after that 10 years they will start selling their Bitcoin, we also have people who have decided to accumulate and hold their Bitcoin and then pass it to their children.
No one has a plan to hold bitcoin forever everyone will one day sell their Bitcoin as Time goes on based on their own plan and some may decide to pass it to their children, with what ever way the Bitcoin won't be with them forever.

[Mame89]

If I hold Bitcoin and still choose not to sell even after making a profit in the future, then what would be the point of investing in it in the first place? If I make a reasonably good profit, I’ll definitely sell my Bitcoin and take the gain.

This sentence is just sarcasm. The decision is all in your hands. A good investment is one that brings the best profit. That’s why we have to be able to take advantage of any moment to make a profit. For example, the strategy of selling at the all-time high price and buying back when the price is low. Not everyone can hold on, because people have different goals. So we don’t need to make a big deal out of it since some people still hold and don’t really know when they’ll sell. Maybe the person who can hold out the longest is someone who doesn't need money to live. IMO

More precisely, it's perhaps a motivational phrase to encourage them not to panic during market fluctuations. So, the phrase "never sell Bitcoin" implies that Bitcoin will provide more long term benefits. Holding Bitcoin without selling it for life even if the price has reached its ATH seems impossible, as everyone investing in Bitcoin is primarily to seek profit or achieve financial freedom in the future.

Therefore, I believe this phrase is a motivational phrase for every investor to be stronger when facing a highly volatile market, especially considering the recent market. Without motivation and confidence in Bitcoin we wouldn't be able to hold on to it for long.

[MRY]

If I hold Bitcoin and still choose not to sell even after making a profit in the future, then what would be the point of investing in it in the first place? If I make a reasonably good profit, I’ll definitely sell my Bitcoin and take the gain.

This sentence is just sarcasm. The decision is all in your hands. A good investment is one that brings the best profit. That’s why we have to be able to take advantage of any moment to make a profit. For example, the strategy of selling at the all-time high price and buying back when the price is low. Not everyone can hold on, because people have different goals. So we don’t need to make a big deal out of it since some people still hold and don’t really know when they’ll sell. Maybe the person who can hold out the longest is someone who doesn't need money to live. IMO

Everyone’s circumstances will always differ from one person to another. So I agree with Luzin that the decision is always  in our own hands. Perhaps there are people out there who truly already lead luxurious and comfortable lives. So when they invest in Bitcoin and say it’s for the long term, the meaning of “long term” for people like that might exceed what we can imagine. We might sometimes sell when the price reaches its peak, and some people even enjoy the profits from that, while others simply sell to wait for a price correction and buy back at that lower price. Well, there are many different options.

So, in my opinion, it really depends on each person’s individual circumstances. If our investment has reached a profit level that meets our target, then it’s fine to sell. Or there are situations where we’re forced to sell our investment due to financial pressures, even if we’ve only made a small profit.   So, in the end, everything comes down to each individual’s specific circumstances.

I fully support the idea that each person has his purpose to sell or to keep his Bitcoin. All people do not have sufficient capital to wait such long. Those who are left to sell to earn living, should be respect. In my opinion, each what we choice make is this particular decision that is driven by the need which are most urgent at the point in time.

[KiaKia]

I will never sell my Bitcoin and I will sell my Bitcoin, confused? Don't be, every farmer has their days for harvesting isn't it? I won't dare put myself under stress for years without reaping something back.

Since Bitcoin investment is that lucrative if you hold for long, that's the part where I will sell, I will take profits and send it as someone who is living.

Why all the struggles when you can't have a great life in the end? Tomorrow isn't even promised, we are taking risks waking up and sleeping again every blessed day, when you make profits on investment you take it and enjoy yourself, it's been a long time coming.

[Bitcoin_people]

No when to sell your bitcoin and went to hold it, we must be deliberate about every decision we are taking with our bitcoin investment so that we can be profitable about it, this is where every investor has to have a bearing which serves as the direction to them on what to do at a particular time, these ensures that every step we are taking are unto our profitability and not to make losses at the end of our bitcoin investment journey.
[/quote

Yes, of course, if we want to invest in Bitcoin, we have to hold it for a specific period of time so that we do not face losses during that time. If we want to invest in Bitcoin, we have to have a long-term plan as well as our patience so that we can plan for 5-10 years of investment. Moreover, we know that Bitcoin is moving in a cycle, so the longer the investment is made, the more likely it is to be profitable. And if someone sells it after seeing the volatility of the market, then it is definitely foolish, that is why Bitcoin cannot be sold without a specific time. We have to aim to sell it when we enter the profit so that we do not face losses.]

[EarnOnVictor]

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

Since you know why they say we should never sell our Bitcoin contrarily to the literal meaning, why didn't you tell us why, to learn from you?

This meaning is not far-fetched; it's just that they believe in the ever-progressive mature of Bitcoin, as selling it could amount to regrets while it climbs in the future.

For me, I don't buy the idea and I have argued back and forth with maximalists and bigots over time, and it turns out that my idea is winning. This is not about selling your Bitcoin forever, but maximizing a smart investing. Knowing the time to sell and accumulate again at the right time/price would make you gain uncomparably more than those who HODL it forever.

[VivaMan]

Well I think this phrase or statement is familiar

 with Long term investors, who believe

 that holding Bitcoin for long term is the best,

 rather than selling and restarting trading again.

Although it depends on ones plans and strategy.

Also depends on your pocket (Financially).

A long term investors has a mindset of
Goal achieving
Ricks taking,
Consistent
 been patience and tolerance.

Knowing fully well that the market is volatile, but still hold strongly.

[allthebitandbobs]

The statement sound more like sarcasm to me at end of the day everyone make their own investment decisions based on what works for them a good investment is one that brings profit so it make sense to take advantage of opportunities when they come for instance some people choose to sell when the price reaches an all time high and buy back when the market drips not everyone can hold forever and that is completely normal because we all have different goals and responsibilities some people need the money sooner while others can afford to wait so i don’t think it should be made into a big issue in my view the person who can hold the longest is usually someone who does not urgently need that money for daily living.

It's actually not always about the urgent need for the money that makes people sell or the opposite, that makes them hold, but some people just generally believe that if they hold longer, they are going to make more money, and they could be right in some way, because if they plan to keep holding for let's say a decade, and then sell and use the money for something instead of buying Bitcoin again, then they are correct by holding for longer, but someone who has a plan to sell their bought bitcoins at a good price, and then buy again when they get the opportunity with all the money they have got after selling, they will surely sell in every cycle and rebuy with the sum they got.

In my opinion, people who sell in every bull run and buy again when the bear market arrives, they manage to make more money than those who keep holding for longer periods, but then again, as you said, it is all about a person's financial goals and targets and what they want from their investment or the money they have invested.

However, I would say that even if a person plans to sell only once and then don't buy again but use the money for something in their life, they could still use the strategy of selling and buying in every cycle, because using this strategy, they are eventually going to have a higher sum at the end.

[L E G E N D A R Y]

Yes, of course, if we want to invest in Bitcoin, we have to hold it for a specific period of time so that we do not face losses during that time. If we want to invest in Bitcoin, we have to have a long-term plan as well as our patience so that we can plan for 5-10 years of investment. Moreover, we know that Bitcoin is moving in a cycle, so the longer the investment is made, the more likely it is to be profitable. And if someone sells it after seeing the volatility of the market, then it is definitely foolish, that is why Bitcoin cannot be sold without a specific time. We have to aim to sell it when we enter the profit so that we do not face losses.

Very true. I’ve come to understand that one of the biggest advantages that a bitcoin investor has is usually having a long term mindset. If there’s one thing that the bitcoin market is and will always be known for, it is volatility, it will always be fluctuate especially in the short term, which makes it very difficult and almost impossible to predict except of course within the long term, so when an investor stops focusing on the short term and casts his gaze in the long term, he then begins to get a better view of the bigger picture and thus puts himself in a better position to make better investment decisions.

PS: I believe you’ll like to make a correction in your quoting, you made a slight error/omission there.

[Versatile_choice]

Yes everyone has a time plan to stop accumulating and holding Bitcoin there are people who have decided that they are going to accumulate and hold Bitcoin for 5 years and after that 5 years they will start selling their Bitcoin, we have people who have also decided to accumulate and hold Bitcoin for 10 years and after that 10 years they will start selling their Bitcoin, we also have people who have decided to accumulate and hold their Bitcoin and then pass it to their children.
No one has a plan to hold bitcoin forever everyone will one day sell their Bitcoin as Time goes on based on their own plan and some may decide to pass it to their children, with what ever way the Bitcoin won't be with them forever.

Of course every Investor has target, and surely their are investors who decided to accumulate for one circle while some chose to invest for 2 circles or more. But that doesn't mean that after getting to thier Investment target that they will just sell no" you should know that bitcoin is very volatile so they may likely reach their Investment target when the price have dropped.

So instead of selling at lost they will have to exercise patient until the price surg again or when they see that they are in profit before they will sell.

[LFC_Bitcoin]

“Never sell your Bitcoin” is a cliché because it ignores basic reality, nothing goes up forever and everyone’s situation is different.

Markets are volatile, cycles are real and sometimes selling is just risk management or life needs. Treating it like a religious rule turns investing into dogma instead of strategy.

Have a certain amount you will never sell but refusing to ever take profits or rebalance is just rigid thinking not smart investing.

[Floczy]

I will never sell my Bitcoin and I will sell my Bitcoin, confused? Don't be, every farmer has their days for harvesting isn't it? I won't dare put myself under stress for years without reaping something back.

Since Bitcoin investment is that lucrative if you hold for long, that's the part where I will sell, I will take profits and send it as someone who is living.

Why all the struggles when you can't have a great life in the end? Tomorrow isn't even promised, we are taking risks waking up and sleeping again every blessed day, when you make profits on investment you take it and enjoy yourself, it's been a long time coming.

I agree with you
I actually feel some people here are not logical enough in posting things lol..
Like we invest just to have fun or what 

Investment in Bitcoin is clearly to sell later on when you have realised significant amount of profits after couple of years, like that is the reason we invest incase anyone doesn't know 

[VivaMan]

Some investor sees profits as a significant gain, because there investment goals lies on the wages at the end of the trade.

Whether you sell or not it depends on the fundamentals like your investment and your financial needs on money.
Having known already that the trade is volatile..

[kawetsriyanto]

If I hold Bitcoin and still choose not to sell even after making a profit in the future, then what would be the point of investing in it in the first place? If I make a reasonably good profit, I’ll definitely sell my Bitcoin and take the gain.

Indeed. There is no point of investment if there is no result (profits). No investor spends money for useless thing. Each investors must target for gaining certain profits. You're right, if we reach the selling target, we probably sell our Bitcoin immediately.

This sentence is just sarcasm. The decision is all in your hands. A good investment is one that brings the best profit.

Not sure whether it is sarcasm or not, but some people may assume it as the truth. 
Sure, it will purely depend on ourselves. We must have different goal, so the goal for investment can't be generalized.
I agree that good investment should end up with satisfied profits.

[Danica22]

If I hold Bitcoin and still choose not to sell even after making a profit in the future, then what would be the point of investing in it in the first place? If I make a reasonably good profit, I’ll definitely sell my Bitcoin and take the gain.

Indeed. There is no point of investment if there is no result (profits). No investor spends money for useless thing. Each investors must target for gaining certain profits. You're right, if we reach the selling target, we probably sell our Bitcoin immediately.

The purpose of investing is to increase income, improve living standard or build wealth for future generation. If investing in Bitcoin does not improve your financial situation or generate profit, then no matter how good Bitcoin was, it would become meaningless.

An asset only has true value when it serves the purpose that its owner desires.

The goal of investing in Bitcoin is to make a profit. But many people seem to forget their original goal when entering the market. The idea of 'never sell your Bitcoin" is a poor mindset and strays from the original purpose of investing.

[hd49728]

The purpose of investing is to increase income, improve living standard or build wealth for future generation. If investing in Bitcoin does not improve your financial situation or generate profit, then no matter how good Bitcoin was, it would become meaningless.

An asset only has true value when it serves the purpose that its owner desires.

The goal of investing in Bitcoin is to make a profit. But many people seem to forget their original goal when entering the market. The idea of 'never sell your Bitcoin" is a poor mindset and strays from the original purpose of investing.

It's not like income, as investment portfolio can have temporary loss so investors can not rely on their investment for income. The right mindset of investors should be holding their portfolios a long term for profit, while must be well-prepared for any short-term or even mid-term loss, so that they will be able to hold their portfolios through bear markets and won't be affected financially.

They can use this hold camp map for have overview about likely minimal holding time.
https://hodl.camp/

[BigTarget]

I would say "never" is weird in this sense, but yeah, selling bitcoin when it's down is a bad move if you do not need to. I have sold it at a loss before in my life, but mostly been lucky to sell at a profit.

On those rare occasions where I had to sell, it was medical bills and medicine that I needed to buy and didn't had any other money and even was maxed out on my credit card and wasn't get anymore loans, so it was literally the last resort for me before I had to sell all that I have.