Topic: stupid millionaire or risk to be Billionaire ? - page 4. (Read 665 times)
For me, if the bitcoin price is at the high price better sell it. Do not sell all the bitcoin. Sell a portion of it for creating wealth such as buy a property. That is my opinion.
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 idea is to always mitigate the risk by never putting all your eggs in one basket. A saying that works for pretty much every other investment opportunity out there. The way I go about mitigating the risk is having 50% of my money in fiat. That way I don't lose too much when the market dips or even crashes and I have the advantage of being able to buy at premium prices. Would never use something the likes of tether or anything like that, tbh.
I'd be okay being the millionaire. I recently sold most of my BTC and transferred it to alts. Selling while the price is falling only makes sense.
Millionaire or Billionaire makes no real difference. Most people are neck high into debt and if your investment can lift you
out of that debt cycle {rat on a wheel} then you are already on your way to being a Millionaire or Billionaire. I think it is
better to rather invest {to get your foot in the door} than not investing and not having the chance to make those millions.
You cannot win the Lottery, if you did not buy the ticket.
out of that debt cycle {rat on a wheel} then you are already on your way to being a Millionaire or Billionaire. I think it is
better to rather invest {to get your foot in the door} than not investing and not having the chance to make those millions.
You cannot win the Lottery, if you did not buy the ticket.
Id rather be a risk taker to be a billionaire than to be a stupid millionaire. Im a risk taker in real life and I think it would be nice if i have no regret in life.
In the most difficult way to earn a Bitcoin it is difficult to make this important deciscion the need to decide. Big Holders or Investors in Bitcoin and very knowledgeable in this trend I think they will accept if there a risk on this situation, especially in this case they may not be able to understand if they have a great deal of profit if it is wrong or not they will know that even if they are able to do it can do more well the way.
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
If you ask me I will put some money into potential altcoins that could give me nice returns. Some portion of it I would sell - only If I really need them, but if I could support myself without trading BTC to fiat, in this case will hold bitcoin for sure. Either we call it bitcoin or something else in future I see that we will be able to transact freeley with many services and merchants accepting crypto currency which is why I'd say I'd hold.
It takes guts to hold, specially if you bought in early days.
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
If I got to have many bitcoins, I will do both. I will sell half of it and hold the other half. I know becoming billionaire is really awesome and exciting but I don't want to be all in in investing in bitcoin. I don't wanna take the risk of investing all of my bitcoin for the future, although I believe in bitcoin, we still don't know what might happen to it in future, it may rise, it may also fall and it would be sad if bitcoin price fall.
I should really happy if i become billionaire soon. I will stick to my instict in not cashing out my btc on my wallet amd wait for the right time for btc to pump up again. i will be a risk taker for me to have no regret someday.
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
So that is a fantastic argument for selling in any case, as an Stupid millionaire can stupidly use its stupid millions for whatever (stupid) things he wants to do, whereas a stupid guy broke has not much LOL
I think there is a happy medium, that is, sell a game to secure winnings, and keep another game to continue trading
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
That's true. I mean most people who struck gold in any market or venture has always had that "leap of faith" moment where the risk, although it is calculated, still has lots of room to go the other way and backfire. However, that's how businesses are; there is always a risk connected with it and those who has been successful are the risk takers that tried on a new idea or took the plunge and worked. Thus, in this case, I would try to play my cards right. I would take the risk of being a billionaire, but not be so aggressive that the line that separates risk and stupidity blurs.
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!
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
This a great after scenarios stated. Yet, for me ir is more likely a logical basis. Though it is really after the future state of someone who wants or won't be risking yet he or she still don't know what future holds. As you can see, three out of four choices states that you could be a millionaire or even billionaire at these scenarios. Yet, only one is after the brokenness. Which made me say that it is okay and no regret to risk what you have in bitcoin.
Depends how greedy you are. Sell 25%.
I think the general idea here is to be smart about it. Whether you sell or hold will still have their associated risks. If you got Bitcoins to spare, observe the trends and be prepared to sell some if the price peaks. Personally, if I do decide and sell some (or even one) bitcoin, I wouldn't really go back and think if I made the right choice. I don't need any regrets when I sell.
I don't understand what could mean the term "stupid." In order to earn that kind of money you need to keep mind. It seems to me that "stupid" poor people envy the millionaires but do not want to work. Those who do not want to work they hold the coins and wait for them to rise in price. Those who are able and want to work to earn coins at any price. For me it does not matter how much currency. If it has a turnover you can always get the value added.
A sensible person would take a profit from a good amount of his coins. Sell around half his coins. And leave the rest. Then he will have money to buy if the price goes down again. Or he will make a profit on the ones left in if the price goes up.
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
I think greed of money can never end for a person if he always wants more and more, and here is where the person goes wrong. If a person has already become a millionaire there is nothing bad to think of becoming a billionaire but he should keep in mind that he should have a stop on his greed for money at some point. In cryptocurrency you never know whats gonna happen next so its better that you become a lucky millionaire instead of becoming broken only because you thought that the price would rise. 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
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