Saw some post claiming you should never sell your bitcoin. I mean, isn’t that kinda unrealistic? People sell for reasons, life happens. We aren’t in 2010 anymore when buying 10 BTC felt like a no-brainer. If you’re in your 30s, good luck getting rich by just HODLing for decades.
Should You Ever Sell Your Bitcoin?
21 replies 156 views
Investing is about profit, right? If you say you should never sell, are you seriously suggesting we just sit and wait forever? It’s cool to hold, but sometimes you gotta cash in on those gains. Holding for the long run is great, but don’t forget to enjoy life today.
just_ravenNewbie
Posts: 71 · Reputation: 24
#3Dec 13, 2021, 01:50 AM
LOL, that sounds like a marketing ploy to keep us in the game. The whales need us to hold while they sell quietly. When the market shifts, it’s too late for us to react and we end up losing money.
No one should rely solely on advice like that. Living today comes first. Whether you sell now or wait, it’s still about making a smart choice for your situation. That "never sell" advice is really benefiting the network, not us.
Kinda funny, right? I got into bitcoin for freedom, not to be told I can’t sell it when I want. I earned that BTC through hard work, not just to hoard it forever. It’s my choice, not theirs.
Yeah right, I skipped that thread but now curious. The mindset of 'never sell' feels outdated. Smart investors know to time their exits instead of just holding forever.
"Never sell your BTC" can come off as vague. Sure, it’s meant to inspire strength during dips, but talk to any regular person with bills, and they’re gonna need to sell sometimes. Don't buy into every catchphrase.
Exactly! Some folks are financially secure and can hold out, but others can’t afford that luxury. It's pointless to abandon unrealized profits just to hold. Sell when it makes sense and reinvest later.
That thread had a different angle. It’s not saying to avoid selling completely. Trading bitcoin keeps the whole network alive. Without selling and buying, we’re just sitting on stale investments.
Investment means profit, right? So, saying you should never sell? Sounds off to me. Maybe it’s about not selling until you hit your target, but at some point, profit is the goal.
Investing can’t be just wishful thinking. You gotta do your research and trust your choices. Relying on magic words won’t save you from bad investments.
There’s a mindset among long-term holders that’s cool, but it should not prevent you from selling when it’s smart. If holding hinders your plan to build wealth, then you need to make moves.
Sometimes life’s tough and it’s okay to sell for your needs. If you’re in danger? Yeah, sell your BTC if that’s what it takes to stay safe. Wealth can't help you if you’re not around.
True, if you’re just starting, hold on tight. But set selling goals for yourself, or else all you’re doing is waiting. Gotta experience those profits to enjoy the journey.
Stop listening to internet gurus. Bitcoin gives you freedom; use it the way you want. If you need to sell, do it. Nobody else understands your finances better than you.
It’s tricky to say you must never sell, especially since trading is such a part of bitcoin culture. If the market shifts, it’s each investor’s choice to sell when it makes sense.
If you're financially stable and can afford to hold, that’s cool. But it doesn’t apply to everyone. We all have our reasons for selling, and we don’t owe anyone an explanation.
I’ll call out the irony of folks saying to never sell. That just sets you up for disappointment if life throws curveballs. You gotta look out for yourself first.
Yeah, if you’re in a decent job and managing well, hold off on selling. Otherwise, when you gotta do it, don’t hesitate. Money’s just a tool for life.
People who truly get bitcoin know when to cash out. It’s not about sticking to one philosophy but adapting to what life demands.