Post
Topic
Board Economics
Re: Why You Should Never Sell Your Bitcoins Ever
by
aencarnaci
on 15/09/2017, 07:19:50 UTC
Looked at the weekly chart and I am afraid to hold. That's why I sold.

Bitcoin price has gone too high. If the traders on this market really follow TA indicators, I think they should have a look at weekly chart.

I know that many of you revive the past and predict the future. But, what if it's a black swan?
There is no need to attend weekly price chart because they do nothing good than creating chaos and panic among the investors. I only visit charts when the prices are going up and then cash out my bitcoins. Bitcoins are supposed to be treated like long term investments. You can’t make good money if you keep checking weekly charts.
I think it is not a good idea to never sell your bitcoin. What will be the purpose of holding my bitcoin in my wallet forever? If so then what will be purpose of investment ? I think I have invested in bitcoin to earn more and more money, so there is no sense to hold my bitcoin in my wallet forever. I will have to sell it whenever I need the money and when the price grows more and more nigh.