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Topic: stupid millionaire or risk to be Billionaire ? (Read 665 times)

newbie
Activity: 308
Merit: 0
January 25, 2018, 10:39:13 PM
#89
LoL it depends on your thinking, try to be stable man
sr. member
Activity: 546
Merit: 250
if you had many bitcoins now, do you sell them or hold?

remember if you sell now and :
Price drop : you will be lucky millionaire.
price goes up later : you will be stupid millionaire.

if you don't sell now and :
Price drop : you will be broken.
price goes up later : you will be Billionaire
If i have many bitcoins now i wi hold it for a long long time i will take the risk, bitcoin have a bright future, bitcoin will make me billionaire someday.
Personally I would say it’s better to sell before the drop and rebuy when the price drops so you can have more BTC to HODL for when it’ll rise again
newbie
Activity: 24
Merit: 0
If I were to be a millionaire right now, i would settle with that, no need to become a billionaire with bitcoin risking all my bankroll. I'm more up to do some other type of investment if I had that amount of money. Nonetheless hypotetically I would go with billionaire choice, I believe in bitcoin and its future
member
Activity: 94
Merit: 12
As long as my profit is what I expected, I would choose to sell it. After all, it is an investment. There will be uncertainties. Therefore, I will not risk any speculation of profits unless I have definite confidence.
legendary
Activity: 1442
Merit: 1008
I would hold them and I will. I don't have that many bitcoins but I think the price goes up so I'm making lot of profit with that I have. I would totally risk to be a billionare
May I ask why? Holding while the price is falling is almost as stupid as selling while the price is climbing!
Those people called believers confidently think the future price of bitcoin sooner or later would bounce back due the factor of bitcoin gonna be the most wanted thing to invest more than gold and considering time after time the supply of bitcoin to be mined getting harder, the market would have high price, as simple as like that.
The thing is even then it makes no sence. If they had sold all when the price started to drop  and would buy again when the price start to raise again then they would still make way more money than with holding.

The thing that those people who have no idea how to trade properly make you think it's doesn't work , it won't work and better just holding. Imagine when the price move at $9,000 - $1,000 range. How much money you can get while holding yours ? You just missed the opportunity! At least we have different way to reach our goal to make profit as much as possible.
newbie
Activity: 85
Merit: 0
The main thing is not to become a stupid beggar and not to cry because he did not sell on time. Grin
member
Activity: 308
Merit: 10
I have some coins, I don't have much but I keep then and I will buy more when I can afford it.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
The problem with some of you guys is you're still treating BTC as this volatile novelty with uncertain future and fiat money as this stable and safe way of keeping your wealth. You think that the eventual outcome for any BTC holder is to convert to fiat money. It is not! The ultimate goal is to turn all tokens (fiat, crypto, stocks, bonds, whatever) into real physical things that you will use to make your life more comfortable. A house, a car, a boat, even a plane if you need that. You can get there without ever having to convert one token into another.
full member
Activity: 354
Merit: 102
i'm not have much Bitcoin, so i think i will hold my bitcoin because it have a low risk and i will buy back when the price down again.
member
Activity: 163
Merit: 11
if you had many bitcoins now, do you sell them or hold?

remember if you sell now and :
Price drop : you will be lucky millionaire.
price goes up later : you will be stupid millionaire.

if you don't sell now and :
Price drop : you will be broken.
price goes up later : you will be Billionaire

If I would have many bitcoins now, I would have loved to hold and accumulate even more. Because bitcoin price is stabilizing around 10.5 k USD and not going up to any insane price level. When bitcoin reached 20k USD in 2017, majority of the investors were almost certain that bitcoin will see a huge correction and that is exactly what happens. But usually we see a huge upside potential after the correction and stabilization, which is yet to come.

So I would probably prefer to hold and accumulate more to reap the benefit of the price surge that is going to happen in near future.
legendary
Activity: 2044
Merit: 1008
if you had many bitcoins now, do you sell them or hold?

remember if you sell now and :
Price drop : you will be lucky millionaire.
price goes up later : you will be stupid millionaire.

if you don't sell now and :
Price drop : you will be broken.
price goes up later : you will be Billionaire

Even if I sell my coins now, I won't be a millionaire. I calculated the net worth of all my coins and they add up to around $90,000. After the taxes and exchange fee, I will be left with around $60,000. What I am going to do with 60K? I would rather hold on to my coins.
full member
Activity: 1330
Merit: 147
if you had many bitcoins now, do you sell them or hold?

remember if you sell now and :
Price drop : you will be lucky millionaire.
price goes up later : you will be stupid millionaire.

if you don't sell now and :
Price drop : you will be broken.
price goes up later : you will be Billionaire

Investment is depends on strategy not depends on lucky or making stupid decisions. If I had many bitcoin in the situation declining prices I would never have to sell them, because I will be lose if I did that. But if has reached with the price what I want, I will sell my bitcoin. I just want to be a billionaire with my own strategy, whatever in trading or investment.
member
Activity: 350
Merit: 10
So let me search first what kind of emotions we may call to the person who always checking their blockfolio and constantly changing its mood when the prices change as well? It's gonna be me, but unluckily I didn't hold that big amount so far.
member
Activity: 140
Merit: 22
If you get a billion you want more billions. Economical freedom is not as much the amount of money you have, as how you choose to use the money you have.
We can, to a large degree, all experience some sort of economical freedom if we set our costs in accordance to our earnings. As to your question, I would totally cash out as a happy millionaire, regardless of the future price movement of the coin. I'd rather have one bird in the hand than ten on the roof.
full member
Activity: 168
Merit: 120
Why would it be stupid to for anyone or someone to be a billionaire because such things do not really exist. We became a millionaire because we make a smart or wise decision isn't it. Now how do you say that it is something stupid when you make a correct choice millionaire's are not stupid they just accidentally make the right or an eager decision during that time.
sr. member
Activity: 687
Merit: 301
The amount of money I invested, I already considered to be lost. So by playing like that I can hold forever.
Go big or go home.
full member
Activity: 448
Merit: 100
Diagon
I do not agree that if you sell now, you will be a lucky or a stupid millionaire. You will be just a millionaire and it's just great. There can not be a person who is both stupid and a millionaire at the same time. Although...
newbie
Activity: 34
Merit: 0
I will try to find a middle point, sell a part and keep another.
newbie
Activity: 151
Merit: 0
From my prediction of the price of bitcoins it will not reach   $15000+ it will just get stuck at 13000.
If I were you I would step on the safe haven and have different kind of investment with it, somewhere where it can be safe. Bitcoin is very volatile thus making it risky. You will feel more sorry if its price suddenly drops and ending up with less.

My professor told us that when you reach a level of being rich, all of you aren't much different from each other. Isn't being rich just enough, will your life be more better if you had an extra more of it.
full member
Activity: 364
Merit: 100
Depends how many you have I suppose. If you have 1000's then maybe sell half, become rich, just not as rich, then if the price rises, still a billionaire at some point, if it drops, then still rich.
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