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Author Topic: What would you say to people who advice you to sell all your bitcoin?  (Read 6294 times)
tampazeus
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October 20, 2016, 05:40:03 PM
 #161

I will listen to their advice calmly but i will decide sell btc following my feeling , if I feel the price has reached my target then I will sell few of them to secure profits.

That's the right thing to do, listen to everyone but only follow your gut feelings and sometimes the expert advise can even go in our favor and if you feel that you are making enough profits then you can sell your coins.

I agree that it is one of the best decision a person can do.  Listen then study the scenario.  At the end of the day you are the one to decide so it is a good thing not to have an argument with them.  This will not only showing them your respect, it will also save you from a heated debate that may affect your relationship with them.

Yup and even if we take decision as per their advice and if it proves to be unprofitable then we should not blame them as it was your own decision and you should be always ready for the worst.
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October 20, 2016, 06:36:55 PM
 #162

I would say that it's not all that different from holding any other kind of assets.
And I'd also tell them to look into it more if they think it's a scam or illegal

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October 20, 2016, 06:39:28 PM
 #163

rarely anyone advises me to stay away from bitcoin lol because everyone knows its a good currency. however if someone did argue with me to sell my bitcoins, i would probably debate them and convince them tht btc is actually in fact the future of currencies.
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October 20, 2016, 08:50:40 PM
 #164

rarely anyone advises me to stay away from bitcoin lol because everyone knows its a good currency. however if someone did argue with me to sell my bitcoins, i would probably debate them and convince them tht btc is actually in fact the future of currencies.
Well that's true that bitcoin is a future currency but we also should sell them at any point of time when price goes higher in future and we are making descent profits from it.

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October 20, 2016, 10:26:48 PM
 #165

i will say to that person to do with your bitcoin because this is my bitcoin and only me can have a decision to sell or to hold it. and i really thank you for giving me advice to sell all of my bitcoin.

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October 20, 2016, 10:30:55 PM
 #166

I personally ignore a majority of the people who tell me to sell my Bitcoin, and I opt to just watch the market myself and adapt to what I see happening. If the market looks like it is going through a rough spot, then I might sell, if it is going up I'll buy or hold. I rarely listen to people who advise me on which to do.
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October 20, 2016, 11:40:24 PM
 #167

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 say to them that I'm not in hurry and I have invested in bitcoin because I wanted too, so since I don't need the money urgently I'm not forced to sell them and it's not the right time to sell because I believe that bitcoin has more potential and can have a greater value.
Iceborn
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October 21, 2016, 12:17:28 AM
 #168

I would like to say that we just need patient and hold the bitcoin because it has a big future and its growing everyday.
We just need patient, its a matter of time before it will really be profitable.
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October 21, 2016, 12:46:49 AM
 #169

I would like to say that we just need patient and hold the bitcoin because it has a big future and its growing everyday.
We just need patient, its a matter of time before it will really be profitable.
Hahahah... but better for just saying if he is just giving a piece of shit about their advice. the potentially of bitcoin on their value.... I guess we are just wanna for selling until the targeting of bitcoin price is already reached....

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delliaerd
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October 21, 2016, 02:28:36 AM
 #170

I would like to say that we just need patient and hold the bitcoin because it has a big future and its growing everyday.
We just need patient, its a matter of time before it will really be profitable.
Hahahah... but better for just saying if he is just giving a piece of shit about their advice. the potentially of bitcoin on their value.... I guess we are just wanna for selling until the targeting of bitcoin price is already reached....
I am agree,  it is depend on when the people advice me to sell my bitcoin. I am not fool to accept their advice when the price of bitcoin is drop. I will accept their advice when the bitcoin price is up and I can get profit from it. then If bitcoin price is drop again I will buy it again, and it is will happen continously until I get rich with bitcoin. it is mean my decision is not depend on their advice but it is my own will. I am not worried about bitcoin, I realy sure that the price will always rise although may be there are fluctuation of bitcoin price that good for trader.

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Dudeperfect
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October 21, 2016, 06:08:12 AM
 #171

Most of the people who are with the opinion of selling all the bitcoins are the ones who haven’t recognized the true potential of bitcoin or who are less than average risk takers. I would say don’t hold your bitcoins if you are not confident about it, there is no point of investing without having faith. Bitcoin is a revolutionary technology and has great potential and thus I am very interested to be a part of it from the beginning but that’s my opinion and I can’t force it on someone else.
eddyubachs
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October 21, 2016, 06:43:46 AM
 #172

Most of the people who are with the opinion of selling all the bitcoins are the ones who haven’t recognized the true potential of bitcoin or who are less than average risk takers. I would say don’t hold your bitcoins if you are not confident about it, there is no point of investing without having faith. Bitcoin is a revolutionary technology and has great potential and thus I am very interested to be a part of it from the beginning but that’s my opinion and I can’t force it on someone else.

What you said is true that we need to have faith in the potential of bitcoins as it will grow much higher in future but if price goes higher in recent times and if its giving you profits then its good to sell a part of it.
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October 21, 2016, 09:38:45 AM
 #173


And perhaps most important bitcoin sell when prices rise. Myself sell bitcoin every month I get from the signature campaign and trade. If prices go up no matter how small I immediately sell it, but if the price drops I'll hold it.
greBit
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October 21, 2016, 09:40:41 AM
 #174


And perhaps most important bitcoin sell when prices rise. Myself sell bitcoin every month I get from the signature campaign and trade. If prices go up no matter how small I immediately sell it, but if the price drops I'll hold it.

That's the right thing to do, if you are satisfied with the price then you should sell them as its giving profits to you and if not then better to wait for the right time to sell your coins.
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October 21, 2016, 10:57:39 AM
 #175


And perhaps most important bitcoin sell when prices rise. Myself sell bitcoin every month I get from the signature campaign and trade. If prices go up no matter how small I immediately sell it, but if the price drops I'll hold it.

Well, it really depends on what the goal of the person is. Some people buy just to hold long term regardless of price fluctuations. Selling every time the price goes up by $10 - $20 can be stressful and is not for everyone. Personally, I have pre-set sell orders that are triggered when what I consider milestone prices are reached. Like I have sell orders at $750, $900 and $1,100, so there is nothing I have to do  Smiley For me, this is a lot easier and hassle free than having to constantly monitor the price.
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October 21, 2016, 11:00:40 AM
 #176

When someone ask me to sell my bitcoins, i will just rebut and tell him lets sell yours Smiley since i am long term holder i usually save few coins weekly from my over all earnings.


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October 21, 2016, 11:01:06 AM
 #177

I will respect their advice but will take decision according to my belief and research and if I feel that the price is good to sell then I will go for it or else will wait bit longer.
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October 21, 2016, 11:03:38 AM
 #178

When someone ask me to sell my bitcoins, i will just rebut and tell him lets sell yours Smiley since i am long term holder i usually save few coins weekly from my over all earnings.
thats nice argument why they will ask us to sell ours why they didn't sell them i think as a bitcoin supporters we all have our reason why we are still keeping our coins as we know that theres a lots of opportunity to earn from it as many fluctuation and many forms of investment can be done so why selling if you can use it and make it grow more.

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October 21, 2016, 02:52:33 PM
 #179

I will respect their advice but will take decision according to my belief and research and if I feel that the price is good to sell then I will go for it or else will wait bit longer.
I agree that's the right thing to do to respect them in a good manner cause nothing good will happen if you argue with them especially negative people ,they will say all negative things about it .just listen to them and after that refresh your mind forget what they said .if we follow them surely we will regret when its done ,we are the who is responsible for our decisions not on them so better to think wisely .


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October 21, 2016, 03:07:34 PM
 #180

I wold just say that i don't need anything which is not available to purchase with bitcoin. Bitcoin is money so i would spend and earn like it, I don't consider it as investment and wait for my expected rate.

Just convert or use bitcoin as it is, doesn't need to give any special privilege or underestimate it. If someone talks about legality

"don't be fooled with that scam", "it's illegal to have/use bitcoin" or other reasons.

I just pity them for having misleading knowledge about bitcoins, since he doesn't know the advantages and how easy it is to to use and transfer without hassle. Sometimes i try to educate him about bitcoins, but most of the time i fail.
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