Post
Topic
Board Economics
Re: I'm not gonna sell any coin.
by
Corenin
on 08/10/2016, 14:24:27 UTC
Why dont you want to sell your coins i dont think there are so many people who want to selltheir coins right now because the price of the bitcoin is not very high at the moment.

I think it's well done by people who have a lot of money, they will not sell their bitcoin or hold for the future when the price really goes very high. but for those of us who don't have a lot of money, of course, we always have the need, so have to sell bitcoin.


Yes people who are earning only from bitcoins or who don't have higher salary will prefer to sell their coins on regular basis to take care of their expenses and that is the right way to treat your coins.

Most people do not earn the bitcoin. I think for most people, they can get 10% of their salary and keep it.

Well that is going to be a good idea if you are employed and you are going to use your 10% salary for buying bitcoins. So instead of you are not going to sell bitcoins, since you don't have. Then buying is going to be the best choice for you. That is going to give you profit if the price of bitcoin you bought is low and suddenly the price increases.

You are talking about the people who don't have a bitcoin at a moment but what about those who are holding huge amount of bitcoins? They will definitely sell some of their coins if price goes higher.