Post
Topic
Board Economics
Re: Why You Should Never Sell Your Bitcoins Ever
by
coin_gambler
on 06/09/2016, 12:10:50 UTC
No target, still buying what I can afford to lose. When the time comes, I won't need fiat, I'll just spend from my btc savings. Which btw,I consider my btc a form of savings account, not a standard investment so I don't really plan to be in and out at the markets whim. Just letting what happens happen. I figure if we ever hit $100k USD per BTC I might buy something nice, but I wouldn't use all my holdings.

Its difficult to expect that high price from bitcoin in future, I don't think bitcoin can go over $10k in future and that is also not sure whether it will achieve that price or not.
Of course it can go that big amount but the question is all about the right time because I do not see it will happen the soonest, we hardly even see the amount of $1,000 again.
yeah I think if you wait for the price of $ 1,000. maybe you will find that prices in some years to come. because I think it would be very difficult to reach that price. better to sell at the right price
Well considering the results from the last halving, is quite a sure that bitcoin will reach 1000 dollars on the next halving, that is predicted to be reached at 2020, soo lets say bitcoin will get a small ammount all years till achieve those. The question is if you able to save bitcoin for the next years and close your eyes to the several opportunities to double and invest your bitcoins, you may get those value if nothing bad happens to bitcoin.
You do not need to put all your money for long term investment because there are opportunities anytime so you need to take that opportunity. To be effective in investing you have to divide your investment into short term and long term.
thats true though if you do that then you definitely can make some god money over time no matter what, i hope that im right about it