Post
Topic
Board Economics
Re: Why You Should Never Sell Your Bitcoins Ever
by
Mr.Postman
on 11/12/2015, 12:08:08 UTC
now im holding only small btc and i will sell my bitcoin if bitcoin reach $1000 it's my long goal Smiley
but we must know some fact (in my opinion) : volume of trading bitcoin can make people interested in bitcoin , in https://www.tradingview.com/ chat about bitcoin is more popular than other currencies


$1000 must be a suicidal target and definitely will make you regret for your actions unless you leave some more bitcoins for future use.
When people will in race to buy bitcoin, only very few will be selling their bitcoins without realizing the true worth of bitcoins. Do not join to those very few people.

Bitcoin's growth would be in exponential pattern. Once price hit $1000, there are big chances for hitting $2000/$5000/$10,000 levels in quick period. By the higher value of bitcoin, more business will adopt bitcoin then you can simply lead a life by spending bitcoins to merchants. So, never needed to sell is the future of bitcoin.

I can agree with this. Rather than making quick decisions, thinking short-term is always a loss but keeping that bitcoins in wallet for a long time is always a win. Because you never know what can happen and plus you don't have use the bitcoin in your wallet.

If people can beat the urge of spending bitcoin, I'm sure they will profit in long-term.