Re: Why You Should Never Sell Your Bitcoins Ever

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 cant make good money if you keep checking weekly charts.

This, if you look at the weekly charts you will see all kind of anomalies that will make you think that holding is a bad idea but since holding is a long term strategy then you need to look at the chart that has all the story of bitcoin and if you see that the pattern is very clear, a strong tendency to go up.

it might go to the moon and coast 100000 dollars and then even more, so there is no reason to sell it

100k is very far away while that price could be reached someday we mus not deceive ourselves I do not think we are going to see that price, maybe my children or future grandchildren will be able to see it but I think a more moderate price of 30k is something that I could be able to see in my lifetime.

Because it will rise but i dont think you should sell them never maybe at some point you will need the money and then you sell it and it cannot always go high and high so if it goes high you just grab it and dont let it go.