What would you say to people who advice you to sell all your bitcoin? - page 8.

MFahad

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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 just say yes, now we can see within week bitcoin's price come down, and it will continue for a few weeks and after it bitcoin price grew up, and may be it will be grow more than $1000. So i want suggest you sell the bitcoins, i also have sell my bitcoins, actually i have 3 bitcoins and i safe because of halving, and now i sell it and i think i am right, because now bitcoin is under $600.

Zadicar

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Everytime people said that i should sell my coins since the price of bitcoin is continously falling i just keep my mouth shut since i dont have many bitcoins in my wallet. haha Grin

In my opinion bitcoins price dummal same as previous dumps it would bounce up again for sure. There are really times that bitcoin suddenly drop its price.

Sorrowfox

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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'll tell them this, " MIND YOUR OWN BUSINESS" Whatever I do with my Bitcoins, it is none of your business. If ever the price of bitcoins fall, why would you care? It is my loss and not yours. If ever I get scammed, why would you bother to advice me, its my bitcoin and not your so I have every right to do whatever I want to do with my bitcoin because it is mine!

asriloni

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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 never heard about the another people's say for me, but I just selling if I having urgent needs... but at this time will appear a lot of people will selling their bitcoin because the appeared off the big case giving a large impact for bitcoin without needs any advice from another people.

DOGE12321

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

I've seen many people around bitcoin 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 advise you to sell all your bitcoin?

There are two types of people:
1. People who just want to make people lose their money.

2. And others who actually want to help you.

My advice is to not be stupid and use your common sense when selling and buying BTC. Wink

bestluck

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I will say that you do not know about bitcoin and do not know that with that coins I will earn a bigger amount in the coming future, and will say that the price of bitcoin will increase much higher sooner so you also need to buy some coins so that you also come to know the value of bitcoin.

outatime1

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I wouldn't listen to other people's advice. I have my own plans with bitcoin and I trade and lend it. Others may not think it has any potential so they will miss out on big profits if bitcoin is a success.

yayayo

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

What would you say to people who advice you to sell all your bitcoin?

Not much, since I don't care about what other people say regarding my finances. People suggesting selling Bitcoin for fiat junk money can't be taken serious. I would immediately question their financial competence. In addition it's kinda brash and arrogant to give unrequested "advice" to other people that have not shown any ambiguity regarding their own decisions. The only exception would be that the person giving advice has new exclusive information that warrant a fundamental reassessment of the original decision.

In general my answer would be: Mind your own business!

I would not even try to illuminate these kind of people about their malformed opinion, since they won't be receptive for new information, because they are convinced to be in the superior position to give others advice.

ya.ya.yo!

StoreBit

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Quote from: purebitco on August 02, 2016, 03:25:40 PM

Quote from: ~Bitcoin~ on August 02, 2016, 12:40:31 PM

I haven't sold any of my bitcoin when price gets dumped because there is a rule in trading never sell on dumps and never buy on pumps. Wink

i only sell my bitcoins when the price is really high too, i think that right now is a wrong time to sell if you dont want to miss a chance to make money

yes and that is why i am not going to give any attention to such advices, in turn i want to tell them just to hold their bitcoin and do not sell it. because the price of bitcoin has to take a U turn and will start rising again very soon, therefore i think instead to selling we should try to buy more bitcoin because this opportunity will not come back.

purebitco

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Quote from: ~Bitcoin~ on August 02, 2016, 12:40:31 PM

I haven't sold any of my bitcoin when price gets dumped because there is a rule in trading never sell on dumps and never buy on pumps. Wink

i only sell my bitcoins when the price is really high too, i think that right now is a wrong time to sell if you dont want to miss a chance to make money

Maesters1-

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Quote from: richardsNY on July 31, 2016, 02:18:38 PM

Nothing. I'll just ignore them. I know that Bitcoin will bring me more wealth in the way that my coins go up in value, and also in the way that my wealth doesn't go down because of fiat losing more and more value every year. I let the results at the end speak for itself.

yes that is good idea to ignore them, and pay no attention to them, i think we need to be very careful in present situation, becuae the pric of bitcoin is decreasing so much and is really creating panic situation but we should give any attention to this and just to remain calm.

Fadri

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Quote from: letyouearn2 on July 30, 2016, 12:37:56 PM

I just say to those people that it is my asset ( investment ) which I am holding and waiting for the price skyrockets. I will not sell my funds I am holding till the price goes upto $1000 or more.

Quote from: Bitcotalk on July 31, 2016, 02:28:24 PM

When the price of bitcoin reached to $450 from $380 within a week then there were some people who started to say that sell all of your coins as according to them it is the highest peak and after that the price will go down deeper, at that time I ignored theirnews and now I am saying to them that yousold all of your coins while I doubled my money with bitcoin from $380 to $660.

The price of bitcoin growing pretty good year after year, there’s would be decrease of course, but price of btc will continue to increase, you can convert it some for buy something but to keep saving is the good investment, I agree with “sell it when the price $1000 or more”.

Jonar21

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One billionaires have long said that the future of digital currency. And these guys really know how he is an expert in finance. I was surprised and perhaps even envy look at the situation in which some people a few years ago invested hundred of dollars buying bitcoin and already have three and a half million dollars or even more. So I look forward to enhancing

Yakamoto

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I would say that they aren't necessarily wrong, they might be right in some cases. If Bitcoin's value is sliding, back out and wait to buy more when the value is lower. As for selling my Bitcoin when the value is fine and nothing seems to be slipping, that's a different story. I would probably ignore them unless they had a really compelling argument for my selling.

It all depends on the circumstances.

buyinbtc

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Quote from: ~Bitcoin~ on August 02, 2016, 12:40:31 PM

I haven't sold any of my bitcoin when price gets dumped because there is a rule in trading never sell on dumps and never buy on pumps. Wink

thats true, though right now i will definitely buy some bitcoins because the price seems to go down pretty soon, i hope that i will make a lot of money out of it

~Bitcoin~

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I haven't sold any of my bitcoin when price gets dumped because there is a rule in trading never sell on dumps and never buy on pumps. Wink

Maesters1-

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Quote from: richardsNY on July 31, 2016, 02:18:38 PM

Nothing. I'll just ignore them. I know that Bitcoin will bring me more wealth in the way that my coins go up in value, and also in the way that my wealth doesn't go down because of fiat losing more and more value every year. I let the results at the end speak for itself.

and what do you say about the current situation, do you think that the price will go down any more, and what will be your reaction if it continue falling down, very honestly it really turn down my PB bu still holding my bitcoin in the hope that the price will not go down any more, i dont know what are people giving preference to panic selling.

universe_

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Quote from: richardsNY on July 31, 2016, 02:18:38 PM

Nothing. I'll just ignore them. I know that Bitcoin will bring me more wealth in the way that my coins go up in value, and also in the way that my wealth doesn't go down because of fiat losing more and more value every year. I let the results at the end speak for itself.

i also ignore the people who tell me to sell my bitcoin, actually there were a lot of them because they dont believe in bitcoins but i always hold no matter what they think

Nahl

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i was so often got those advice in trollbox at local exchange and i personally don't trust them all because all they want only take advantages from the situations especially when bitcoin or altcoins has been fall however they could not ever influence me

Kprawn

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Nobody will tell me what to do with my money.... you worked hard for your money and it's yours to do what you want to. I have spend a few years collecting mine and I will not be told what to use it

for or how I can or cannot spend it. The people who want to tell you what to do with your money have hidden agendas, and you have to watch them very closely. In time you will find the real reason

why they wanted you to use the Bitcoin the way they wanted too. Wink

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