Should You Ever Sell Your Bitcoin?

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Posts: 8 · Reputation: 18
#1Jul 2, 2017, 12:23 PM
Honestly, the whole "never sell" idea is mostly for the big fish. Bigger holders benefit way more from this than us small-time holders.
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#2Jul 4, 2017, 04:09 AM
I mean, if you've been in the game for 4 or 5 years and made good gains, maybe selling some makes sense. But everyone’s got their own reasons to hold or sell. Having a steady income is key so you’re not forced to sell at a bad time. For those who barely see any profits, selling feels like a bad move. But hey, life happens... don’t ignore that.
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chris1337Full Member
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#3Jul 6, 2017, 02:39 AM
I think profits depend on your entry point and where you sell. If you bought low and sell high, everyone profits equally in the end. It’s a gradual journey for most. Just gotta keep accumulating if you can.
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CalmMinerFull Member
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#4Jul 6, 2017, 05:37 AM
So, the idea of never selling? Nah, it’s more like sell when it’s right. Both big and small holders take risks, and if the big guys are cashing in, the little guys should too. Bitcoin is either a currency or an investment, you pick.
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tomnovaNewbie
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#5Jul 7, 2017, 05:00 PM
What do you mean by "never"? Like forever holding or just till you hit your price target? It’s kinda smart to hold given the price jumps we’ve seen, but who knows what future holds? Risk management is key.
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chain365Legendary
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#6Jul 7, 2017, 09:39 PM
Bitcoin is a currency for exchanges and investments. Who’s really gonna hold it forever? Your point on small holders is interesting, but from 2009 to 2015, prices skyrocketed. A smallholder back then could’ve made a killing if they held on.
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#7Jul 7, 2017, 10:11 PM
Feels like asking if never spending money is wise or dumb. You don’t wanna blow it all, but what’s the point if you never use it? If you’re struggling, it might be smarter to cash out a bit.
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#8Jul 8, 2017, 01:38 AM
If everyone just holds and does nothing, the ecosystem tanks. We need transactions for Bitcoin to thrive, not just hoarding. Holding isn't bad, but it has to be balanced with circulation.
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#9Jul 8, 2017, 03:02 AM
Honestly, it’s dumb to hoard Bitcoin like it’s not money. It’s meant to help you live, not sit in a wallet. Retail investors gotta use it for life expenses too.
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paul51Newbie
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#10Jul 8, 2017, 05:23 AM
Bitcoin’s just like cash. You either spend it when needed or save it for later. Saying never sell is a bit foolish when life needs come up.
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#11Jul 8, 2017, 11:14 AM
Every Bitcoiner had a reason to invest. The goal you set influences your selling decisions. A wise investor waits for a satisfying profit before selling.
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#12Jul 10, 2017, 03:32 PM
With Bitcoin’s limited supply and price growth, holding can benefit the wealthy. But for regular folks like us, holding forever is risky. Don’t lose sight of why you invested.
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#13Jul 10, 2017, 05:37 PM
Nah, it’s not foolish. What’s foolish is letting others dictate your financial choices. If someone wants to hold, let them. Why should we care?
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c1pher_viperFull Member
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#14Jul 11, 2017, 08:44 AM
Never sell when prices are low, but if you’ve held for ages and see a good window to sell, go for it. Enjoy your profits instead of just holding indefinitely.
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0xCiph3rMember
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#15Jul 12, 2017, 01:21 AM
If your target price isn’t met, holding is smart. But if you see good profits now, selling isn’t a bad move. Basic logic, right? Profit when you can.
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AtomicForkFull Member
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#16Jul 12, 2017, 03:54 AM
That mindset feels like it came straight from Saylor. Rich folks often don’t sell; they use their assets as collateral. Works for them, but if you have only a tiny bit of Bitcoin, good luck with that.
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alex21Full Member
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#17Jul 12, 2017, 09:40 AM
You exchange what you need when you need fiat. Money is meant to work for you.
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#18Jul 12, 2017, 01:52 PM
Selling or buying Bitcoin isn’t inherently dumb or smart; it’s about your perspective. If you’re profiting, then selling makes sense.
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#19Jul 12, 2017, 05:37 PM
I hate the words always and never in trading. Long-term holding is key for real profits, not short-term jumps. We’ve seen stagnation before; just hold tight.
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block2020Member
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#20Jul 12, 2017, 11:03 PM
That’s exaggerated. At some point, you’ll need to sell to secure profits. Don’t panic sell like so many newbies do. Understand the market before jumping in.
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