Topic: stupid millionaire or risk to be Billionaire ? - page 3. (Read 665 times)
I will hold my BTC because I know the price will go up very soon. I know in no time, I will be a millionaire
I use bitcoin often. Most of my funds are in crypto. It is just better then fiat. You can just spend as you always would when yo uspend fiat but you use crypto. You keep savings and use the rest. No need to sell them all. Keep them and sell only when you need. Otherwise spend directly from your savings but always keep a certain amount. If you do this you can even out each possible outcome.
i'm going to sell %20 only of my bitcoins, i guess this is best solution.
Agree
It depends on what makes you happy. Most people will settle for a millionaire but the choosen few will hold till the become billionaires
Sell a big part so you are a lucky millionaire, and keep some bitcoins on the side
If I were you, I would sell half of my crypto currencies.
As a result you will be an half sputid millionaire or an half Billionaire...
As a result you will be an half sputid millionaire or an half Billionaire...
if you sell now or if you hold now and at the same time you are only thinking in terms of being a millionaire or a billionaire,... you ARE dumb no matter what.
because it means you just invested in bitcoin, the biggest innovation at least in financial/economical field and you never understood what you invested in. you might as well have bought a sack of potato and made the same profit!!!
because it means you just invested in bitcoin, the biggest innovation at least in financial/economical field and you never understood what you invested in. you might as well have bought a sack of potato and made the same profit!!!
The crypto world is very volatile and stressful. I can understand people not willing to experience this stress. If you have made enough money which is going to last you a lifetime, I see no problem with cashing out. People have their preferences.
Why becoming a millionaire made me stupid because I didn't take risk and become a billionaire?Having more money than what i need won't make me happy or clever. For me, bitcoin is a tool for my road to become financially free.
I will hold my bitcoin, until it reaches the highest price
and I will be a billionaire, and your opinion is also true
If I sell now I will become a stupid millionaire, therefore, I will not sell it now
and I will be a billionaire, and your opinion is also true
If I sell now I will become a stupid millionaire, therefore, I will not sell it now
if you had many bitcoins now, do you sell them or hold?
if you don't sell now and :
Price drop : you will be broken.
if you don't sell now and :
Price drop : you will be broken.
More of a broke than broken really. Anyway, you're wrong. Take my situation as an example. I have some coins from 2014 that costed me $500- $700 each. If the price drops I won't be broke, not even close, especially that I've withdrawn my initial investment already, so even if it goes back to $500, which is almost impossible in the current state of cryptocurrencies, I'll still be gaining something.
If I had 1 million USD in BTC now and my coins were bought at $10k a coin I'd be a bit nervous but hold anyway. It's going to be worth much more at some point and it would be a waste to miss that chance.
Quote
price goes up later : you will be Billionaire
That would be my choice every time. It's not even greed but reality. The chances of it going back to $13k arte at least twice that of it going to $8k
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
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
For ex., you have bitcoins or other criptocurrency for 1+ million $ and do not have fiat money. In this case you can sell a half into fiat money - it will be the best option.
Yes, to give a meaningful answer to this question you have to put in in context. It all depends how much FIAT you have, ie how much you can afford to lose everything. If you have not enough FIAT, to sell half is probably the wisest option. Leaves opportunities open without having to run the risk to get broke and ruined.
if you sell bitcoin, you are buying fiat currency !
does it sound smart for you to buy fiat currency ?
does it sound smart for you to buy fiat currency ?
I agree to this if you sell your bitcoin you are buying fiat currency, but if your holding bitcoin it's like you've value the price of bitcoin. We're millionaire in our mind but billionaire in our wallet.
If I had a lot of bitcoins, I would sell part of the bitcoins, and part of it would invest in altcoins and leave the rest of Bitcoins for the future.
It's a shame I did not leave bitcoins when I started with Bitcoin ($ 90 for BTC) and I would be rich and happy.
It's a shame I did not leave bitcoins when I started with Bitcoin ($ 90 for BTC) and I would be rich and happy.
if you sell bitcoin, you are buying fiat currency !
does it sound smart for you to buy fiat currency ?
does it sound smart for you to buy fiat currency ?
I would be very happy to be a btc AND fiat millionaire 
I mean, you don't need to sell all your stash at once, I think I would be a millionaire in both fiat and bitcoin way before becoming a bitcoin billionaire, and so should any.
I mean, you don't need to sell all your stash at once, I think I would be a millionaire in both fiat and bitcoin way before becoming a bitcoin billionaire, and so should any.
I am holding for long term as I strongly believe that the price will reach 1 million mark as well. I do not need any funds for now.
The smart thing to do would be to divide your assets between bitcoin, a variety of altcoins & traditional assets (stocks, mutual funds, etc...)
I like you analysis of how it will be. Yes I will rather be broke if the price drop or a billionaire is the price goes up. Best things in life do not come easy so it is a risk one has to take
The only strategy is there to be successful in a field. So we must be wise and always our timing for buying and selling faster we being billionaires.
Actually being a millionair would do the trick for me. I do not see any difference in my life if I was a millionair or a billionair.
So If I would get the chance of earning that much money by selling my coins, I assume I would do that.
At a certain point you need to enjoy life.
So If I would get the chance of earning that much money by selling my coins, I assume I would do that.
At a certain point you need to enjoy life.
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