Quote from: Rana590 on November 26, 2017, 06:54:52 AM

Quote from: williamevanl on November 26, 2017, 05:48:20 AM

So, it's going to get hard, now obviously but don't get got. Bitcoin IS going to go well over 500,000$ and honestly it might always be a bad choice during the duration of you lifetimes to ever convert your bitcoins back to clamshells, fiat or whatever your country offers. Don't do that.

HODL!

It's ALWAYS been a bad choice to sell bitcoin (in the history of Bitcoin) and it always will be. I truly want what's best for you loyal bitcointalk'ers and that's keeping your Bitcoin.

Yeah, in around some days , bitcoin price is increasing rapidly. I think it will reach a good position. The price of it will be increasing continuously. So selling bitcoin is not right decision. Buying and holding for long term is good decision for making huge profit.

You must be very naive to believe that. No asset increases continuously by the simple fact that when returns get high people sell to cash their profits. Also, many news can draw bitcoin price downwards. And bear in mind that with CME futures and other products hedge funds will be able to bet against bitcoin, thus drawing down the price.

This year has been great for bitcoin in terms of returns but at some point we will have a bear market. I predict many people crying by then, and selling their bitcoins due to panic.