What would you say to people who advice you to sell all your bitcoin? - page 5.

BitcoinPC

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Quote from: Xester on September 15, 2016, 11:19:09 AM

I would tell him to shut up and mind his own business. I have my own decision in life and cannot be dictate by someone. If ever that he have a good reason behind that then I may or might be accepting his reasons but would not take it seriously.

You are very rude, Sometime people are sincerer with us.
Actually if someone say that to sell your bitcoins, So look what is right for you, may be his suggestion is right for us, Because bitcoin selling is depend on time, if bitcoin price down so it is good for us to sell it, and if bitcoin price is growing up than don't sell your bitcoins.

chaosknight

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Quote from: jak3 on September 15, 2016, 12:29:26 PM

if you are a job worker or just getting a salary of any kind of job at monthly bases and you do not want to risk your money then this selling btc is good advice for you but for traders its a playground with maximum risk and madimum profit/loss the more riak means the more chance to make money

I am having a full time job with a good salary, but I think the other way, I will prefer to spend my fiat on day to day expenses and will prefer to save my bitcoins for the future as it will holding higher price in coming year.

jak3

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if you are a job worker or just getting a salary of any kind of job at monthly bases and you do not want to risk your money then this selling btc is good advice for you but for traders its a playground with maximum risk and madimum profit/loss the more riak means the more chance to make money

calkob

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It why bitcoin is compared th gold, if someone told you right now to sell all your gold for fiat cash, you would laugh at them and say "yeah dead on" Grin

entrepmind23

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Quote from: ABCbits on July 30, 2016, 12:33:59 PM

I've seen many people around bitcoiner who keep say/advice them to sell their bitcoin because various reason such as "sell before the price fall", "turn it into real money", "don't be fooled with that scam", "it's illegal to have/use bitcoin" or other reasons.
So, what would you say to people who advice you to sell all your bitcoin?

I would tell them that I would just hold my coin because it has been tried and hacked that causes the price to fall down but then after some time its back on track again continuously going up so I believe that it will go up high int the future. I don't worry that much if the price fall down because I plan to hold my coins for a long time and besides I am not also just solely holding it but use it in trading so that I can accumulate more coins. It's been getting popular also so its demand also will increase which can cause the price to increase.

hasiramasenju

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i have been heard all about this with very often and usually those people are very hated with bitcoin

but i personally will ignore what they said and always believe bitcoin will never fail at least in the next 10 years bitcoin will survive

fkvidar

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Quote from: Xester on September 15, 2016, 11:19:09 AM

I would tell him to shut up and mind his own business. I have my own decision in life and cannot be dictate by someone. If ever that he have a good reason behind that then I may or might be accepting his reasons but would not take it seriously.

May be he would be a genuine person holding good knowledge of bitcoin and want to help you for your good so that you can make some good profits from it, so its always wise to listen what people are advising you.

marleybobthedog

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Firstly I will reject him because I don't want to sell bitcoin now. I am waiting for price hike and I am ready to wait 2 years for that. I had suffered losses in bitcoin and by selling them after 2 years I want to make my profit.

But well if the price don't rise again then i would praise him for his suggestion. All it depends on GOD.

Xester

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I would tell him to shut up and mind his own business. I have my own decision in life and cannot be dictate by someone. If ever that he have a good reason behind that then I may or might be accepting his reasons but would not take it seriously.

tygeade

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Quote from: Newcoins2020 on September 15, 2016, 10:39:48 AM

I would say I'm not going to do that because bitcoin is making me alot of profit in the future so why would I throw that all away for a quick buck right now.
Im keeping them and I will sell them in the far future 3+ years.

Well that's the right thing to do, and if you can manage to hold them for a long term then you may expect higher profits in future as price will surely go higher in future.

drwtsn32

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Maybe I wouldn't say anything to him and just leave him be.
Someone who tells you that is probably someone who has no knowledge in bitcoin.

Noctis Connor

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Quote from: ABCbits on July 30, 2016, 12:33:59 PM

I've seen many people around bitcoiner who keep say/advice them to sell their bitcoin because various reason such as "sell before the price fall", "turn it into real money", "don't be fooled with that scam", "it's illegal to have/use bitcoin" or other reasons.
So, what would you say to people who advice you to sell all your bitcoin?

Even the price fall thats okay for me why? because im earning bitcoin for free and i don't care if the bitcoin fall i will never sell my bitcoin for any invalid reasons and i will keep my bitcoin in my bitcoin wallet and wait until the further announcement that bitcoin will be fall or maybe increase on this year.

Newcoins2020

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I would say I'm not going to do that because bitcoin is making me alot of profit in the future so why would I throw that all away for a quick buck right now.
Im keeping them and I will sell them in the far future 3+ years.

Noctis Connor

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If someone advice to sell my bitcoin right now probably tell to her/his that im not going to do that because in my side and in my future instinct there are chance that bitcoin will be increase the price again it will be increase at the same price when its 2013 when the bitcoin is almost 1000 dollars

terman45x

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Quote from: lienfaye on September 15, 2016, 10:14:44 AM

Quote from: rababo on September 15, 2016, 08:36:02 AM

It depends to who is that person, if he/she is a bitcoin expert, I might listen to him/her, because he/she has knowledge about how the market is going. But if the person doesn't know about bitcoin at all, I won't follow his/her advice, because he/she don't know the potential of bitcoin.

Yes, if it comes from the expert maybe i will consider his advice but if he is someone who dont have enough knowledge about it and just want to state his opinion then i will not take his advice. it depends on me if i can see that the price is fine to sell.

Its better not to take any advice from strangers, as if their advice goes wrong then it won't make any difference to them but it will make you loose your money.

lienfaye

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Quote from: rababo on September 15, 2016, 08:36:02 AM

It depends to who is that person, if he/she is a bitcoin expert, I might listen to him/her, because he/she has knowledge about how the market is going. But if the person doesn't know about bitcoin at all, I won't follow his/her advice, because he/she don't know the potential of bitcoin.

Yes, if it comes from the expert maybe i will consider his advice but if he is someone who dont have enough knowledge about it and just want to state his opinion then i will not take his advice. it depends on me if i can see that the price is fine to sell.

gerXhonza

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Quote from: iqlimasyadiqa on September 15, 2016, 09:51:56 AM

I suggested to immediately sell for the price movement bitcoin unstable. I advised them to sell when they have benefited. a small but very meaningful.

I follow the same strategy, if price is higher then my entry price then I don't hesitate in selling my coins to secure the profits as I can buy it again when price drops in future.

iqlimasyadiqa

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I suggested to immediately sell for the price movement bitcoin unstable. I advised them to sell when they have benefited. a small but very meaningful.

torrentheaven

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Quote from: rababo on September 15, 2016, 08:36:02 AM

It depends to who is that person, if he/she is a bitcoin expert, I might listen to him/her, because he/she has knowledge about how the market is going. But if the person doesn't know about bitcoin at all, I won't follow his/her advice, because he/she don't know the potential of bitcoin.

If he is a expert person then he will never give advice for free, as there are many trading experts are available who take a fees from you to give you tips related to altcoins.

rababo

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It depends to who is that person, if he/she is a bitcoin expert, I might listen to him/her, because he/she has knowledge about how the market is going. But if the person doesn't know about bitcoin at all, I won't follow his/her advice, because he/she don't know the potential of bitcoin.

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