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I would hold your bitcoin and wait. It is as simple as that to tremendous wealth but very difficult for many people to do.
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Bitcoin is a scam, a ponzi. Panic. Sell at a loss. Bitcoin is a scam, a ponzi. Panic. Sell at a loss. Bitcoin is a scam, a ponzi. Panic. Sell at a loss. Bitcoin is a scam, a ponzi. Panic. Sell at a loss. Bitcoin is a scam, a ponzi. Panic. Sell at a loss. Bitcoin is a scam, a ponzi. Panic. Sell at a loss.
Don't worry, I will obtain those bitcoins you give up and increase my fortune in the coming years. All you need to do is keep working at your hum drum job - I'll have a burger, vanilla shake, and fries now snap to it.
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To make it simple, acquire several bitcoins then put them away and wait. Wait several years. You could make a million US dollars or nothing. There is a good chance of either but you would probably never save a million dollars in any other way but loosing 10 or 12K is not so bad.
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Look at a graph of bitcoin value over the last ten years. Its up, down some, then up alot, the down some. then up alot. It went from cents per bit coin to thousands of dollars per bitcoin.
That is one hell of an investment. Hold on and wait. That is the secret to wealth.
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Meh. In 2015 I told several people about bitcoin and its potential. They all got back to me saying they asked knowledgeable people about it who said "don't bother it will not amount to anything".
LOL. Guess I lost. Here I am with a cash paid brand new farm house, Amish barn, 40 acres of land in the mountains, new tractor, new furniture, soapstone Vermont wood stove etc. Will soon have a class new green house and solar panels.
Guess I was wrong for buying several hundred bitcoin at the time (and getting a like number of free bitcoin cash in August).
Still have half the bitcoin and bitcoin cash left. I am hodling.
Hodlers always loose. DO NOT hodler or you will end up like me.
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Did you know that fiat currencies such as the US dollar, Peso, Yen, Ruble and all others never last hundreds or thousands of years? Fiat eventually becomes worth nothing.
For example, fact is the US dollar has be decreasing in value by about 5 percent per year for decades as have all other currencies.
Fiat crashes. It is inevitable. So hold on to what you have of it if you want to.
Bitcoin defeats fiat hands down. It is still quite new and it has risen and dropped off and on - but look at how far it has come in the last ten years. It rises high, drops some, then rises even higher.
HODL is key. Look at bitcoin history and do not panic. This has been the secret to successful investing since the beginning of time.
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To me, this is already happening.If this keeps happening, I'll start to panic.I buy now.I hope it won't get any worse.My deals are already in the red.Like many others I guess.We need to re-buy now.
Go ahead and panic sell so the price falls further and is cheaper for the rest of us to purchase. I am looking forward to the coming massive rise in bitcoin and people like you are creating even more opportunity for the rest of us. |
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FUD is being spread on purpose in order to reduce bitcoin prices so they can purchase more for less. Key is to simply HODL.
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The US dollar and all other currencies are tulips - countries print them on paper and put in banks by the TRILLIONS.
Did you know the US government is 22 trillion dollars in debt? And the American people are another 12 trillion dollars in debt? It is true. Now THAT is a tulip. Just a matter of time before that whole disaster collapses.
Do you know what is not a tulip? Food. Water. Farmland. Clothing. Firearms and ammo. Friends and family. Things like that. What about Gold, silver, and bitcoin?
Most people in large cities have no idea about what is of true value in this world - ask Venezuelans, they know. Their circumstance in on its way to YOU.
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We can't really do anything but we do have a choice. HODL. There's no way that you should sell at this point otherwise you will just take a loss. And everyone should look at their investment for the long haul because that's what's separate a smart investor to a a dumb investor. Those dumb investors panics sell their coins and then bitch around, while smart investors stays cools and became rich overtime.
Throughout history this is what the wealthy have done: 1) Buy when nearly everyone else is selling 2) Sell when nearly everyone else is buying The poor always do the opposite and therefore stay poor. Choice is yours and thank me for my advice. |
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I am very disappointed to see the price of bitcoin destroyed in recent days, I have lost a lot when I bought bitcoin at a high price, until when this bitcoin price dropped.
I advise you not to sell Bitcoins, but to remain calm. Bitcoin already had such price drops and it was always recovering. I think that this will happen this time too. Absolutely true. Either sell now and lose alot of money or simply HODL and gain tremendous money. This pattern has happened time and time again with bitcoin and this time will most likely be no different. |
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The reason is simple to understand. The masses of inexperienced sheeple invested in bitcoin are selling in panic and at a loss.
The smart experienced investors are buying at depreciated cost because they know there is a excellent chance their investments will return 10X, 100x, even 1000x in the future. They wait. No panic.
This is difficult for most people to understand this which is why they continue in deep drudgery jobs collecting a limited paycheck every week when they could instead go out there and create wealth and prosperity they would never get simply serving someone elses business.
So there you have it. Break the chains that hold you back or suffer day to day for years to come.
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You only lose money if you start selling at such low prices. If you made an investment for the short-term, you should start preparing what you're next move is gonna be as there's a chance that prices could go futher down. Now, if you invested for the long-term, you shouldn't care about the current market movements since prices will recover in due time, just hold your coins and you'll be fine.
Agree. Hodl. Simple as that. |
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This and the near future is the time to buy whilst nearly everyone else is selling at a lost. Word of wisdom, take it as you will.
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Sell when price rises. Buy when price drops. Most people don't do this so they lose, lose, and lose again.
That is the secret to wealth. Your welcome, carry on.
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The trick to becoming wealthy in investment:
1) Sell when mass of people are buying.
2) Buy when the mass of people are selling.
Simple. Effective. Profitable. And rarely done except by the wise and experienced person who are few and far between the masses of people that are like sheep in everything they do.
Thank me for my suggestion or carry on with your methods of loss, the choice is yours.
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I disagree. I bought several hundred bitcoins several years ago at $250 to $400 each. Then I got for free an equal number of bitcoin cash. This spring I used this to buy free and clear a new house, 40 acres of land, tractor, nice wood stove and bed, furniture, Amish barn...the list goes on on and all with cash. Still have half my bitcoin and bitcoin cash remaining which next year I will buy a travel van, vegetable green house, and solar panels.
Disappointed? Hell no. Fact is not everyone is. I'm not that is for certain.
The secret to wealth in investment is HODL.
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Here is the key to becoming and staying rich:
1) Buy when nearly all are selling.
2) Sell when nearly all are buying.
There you go. Your welcome.
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Several years ago I bought several hundred bitcoins at $250 to $400 each. Then in August got the same amount in free bitcoin cash. This spring with bitcoin at about 9K I bought $700.000 worth of new house, farmland, tractor, barn and more with it and still have about half my coins.
Game over? Wake up, the game has just started. Hold on for the ride because several times bitcoin has fallen 70-90% and then rose to record highs.
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