Post
Topic
Board Bitcoin Discussion
Re: Why you should focus more on saving bitcoins than selling your bitcoins
by
Thanasis
on 08/03/2018, 20:22:37 UTC
Bitcoin has become the world most valuable asset and the value keeps going higher!

Why not we should focus on saving more bitcoins than selling our last remaining bitcoins?

I read and hear from a lot of guys owning bitcoin saying, should I sell my bitcoins?

The issues is, if you sell all your bitcoins when are you going to buy at lower price?

There's no guarantee when exactly bitcoin price will surely come down.

Share your thoughts about what you think guys. Smiley

My answer is simple, why sell them now for $4000 if you can sell them year later for $8000? 5 years later for $50000? More you save now more you will have later. I am sure that price won't stop here and that it will rise even more.

I guess only reason why someone should sell their bitcoins is only if they urgently need money right now, but if you want to sell them now to get profit... it's better not to.
But there is no guarantee that will happen.So hold at your own risk and never invest more amount then you can't afford to lose.

If the crypto currency replaces the fiat currencies then bitcoin will be very useful,so for that purpose it is better to choose saving our bitcoin that holding.But my strategy is to sell half bitcoin when it reaches my goal price and will set more higher goal price for the another remaining funds.