Post
Topic
Board Economics
Re: Why You Should Never Sell Your Bitcoins Ever
by
groll
on 24/10/2016, 08:10:27 UTC


Yeah i agree if all of ua would just hold in steadily to our btc's pretty much there's not gonna be any movement thus the currency would have a hard time progressing.

Actually I can't picture out the sense of not selling it. Well if in the case, althought the odds are low, that all people will hold their coins, the bitcoin price will thoroughly increase since people will force to buy coins even at the higher price but of course they will not sell it.

So literally speaking, their actions are non sense. They hold to sell and not to hold it forever.
Ya right and i am also dont understand the idea of never sell your bitcoins ever,the word never and ever is used incorrectly here because as you said they are holding them and waiting for the price increase and sell them sometime and not to just hold them forever.

Well the word never sell is not right, it must be why you should not sell your bitcoins as of now. And with the word, never and ever that clearly says that you are going to hold your bitcoins until the Earth explodes and why you are holding if you don't have some goals for it then don't get involved in bitcoin if you are just going to do that.

I totally agree with you. Never selling your bitcoins implies that you should just stock it, if all people stock their bitcoin then nobody is going to sell and when nobody's selling no one is buying. The market is dead when that happens and that implies death to bitcoin industry and bitcoin will just become a digital number with no value. So to keep bitcoin moving we must sell and buy that how it should be.