Post
Topic
Board Economics
Re: I'm not gonna sell any coin.
by
lexuz
on 13/09/2016, 17:31:35 UTC
i will not sell it too.  i know bitcoin will not disappoint me it wll reach the way we never expect it bigger than before and ill be waiting for that time it gonna happen.

You mean to say that you will never sell your coins? If you will never sell then how you gonna enjoy profits from it? We are here to make profits and not only to hold coins and miss the opportunity of making money.

well, you can see what he says will wait for the time it happened, I thought not to sell now and sell in the future when prices really rise very high.
I don't think it's a good move if you just thinking to waiting for the price rise and sell it out into fiat money as you know there are inflation when prices of goods/services increase that cause the value of fiat money decrease but in the other hand the price of bitcoin goes up. It will better if you could use bitcoin to buy something that you need at online stores which accepted bitcoin, of course you can exchange some into fiat money but not a half of yours, just a small amount.

Waiting for the price hike or simply holding your bitcoins is already proven by the first bitcoin holders and one they are just enjoying the profits that they have made by just simply holding. So this is going to be a good move if you believe that the price of bitcoin is going to fluctuate higher and going to reach up to $1,000.
thats true, it is the best thing to do with your money in my opinion and it will definitely make you some money at some point

We cannot expect that high pump again in future as it will not reach to $1k or $2k in quick time, it will take a long time and not everyone has that patience to hold it longer.


Well for me I believe to that rapid price pump and even though that is not going to happen for this year. Who knows, but I will just keep on holding my bitcoins because the price today is convincing that the price of bitcoin is going to increase again and there's no impossible thing that it can happen again.

There is no good news this year. So the bitcoin price will just rise due to the slow mass adoption at the moment.

If there is slow mass adoption the price rise will also be slow and I don't think that we can see 4 digit price by the end of the year, I will prefer to sell some of my coins even if it touches $800.
Yeah agreed for touching back to 4 digit we need to wait until next halving and seems the miner still get a profit because bitcoin price can close electric cost.