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

[gerXhonza]

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 .

Yes if we sell by following their advice and if price rise after that then we will surely blame them for giving us wrong advice but the fact is they should not be blamed for that as its in your hands to make a final  call.

[el kaka22]

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.

But at times people can give you very good advice which if you follow will surely save you from loosing your hard earned bitcoin. It is advisable to look at all the advice you are receiving from different people and then choose the ones that you feel most suitable to go for. That's my personal opinion though.

[bestluck]

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.

But at times people can give you very good advice which if you follow will surely save you from loosing your hard earned bitcoin. It is advisable to look at all the advice you are receiving from different people and then choose the ones that you feel most suitable to go for. That's my personal opinion though.

Listening to others is good but sometimes it comes as harmful when a person with lack of knowledge will advise you. It happened to me a person told me to that to sell all my bitcoins and invest them in OneCoin and after reading about OneCoin I found that it is follish to convert bitcoin to inecoin.

[farhaan]

I would just turn a deaf ear to advices of such people.I will only sell my Bitcoins only when the price goes very high.

[jossiel]

I would just turn a deaf ear to advices of such people.I will only sell my Bitcoins only when the price goes very high.

That's what I will going to do too. I won't let myself listen to their suggestion as I know what is going to be better for my own bitcoins.

And I will just give back their suggestions and will ask, have you done this? Does it make your decision profitable after doing it?

Because I won't sell all my bitcoins unless I can see that the price of bitcoin is becoming near to fall.

[clickerz]

Well it is your personal decission whether you want to sell your bitcoin or hold it. But of course, do not easily listen to them but instead do your own research. Consider their advise also, and look after the price if you are satisfied or not or if you want still to hold your coins. In the end, it is still you who are going to decide.

[kryptqnick]

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 reply that they can sell their btc if they want it so much but they should let me make my own decisions. BTC cost more than it does now. And yet the price is rising, so why should I sell my bitcoin now? There is no sufficient reason to do so, and if there's no sufficient reason then I won't do that. Oh, and it is not illegal to use bitcoin in my country, so it's not and argument.

[carlerha]

Well it is your personal decission whether you want to sell your bitcoin or hold it. But of course, do not easily listen to them but instead do your own research. Consider their advise also, and look after the price if you are satisfied or not or if you want still to hold your coins. In the end, it is still you who are going to decide.

yes that is a fact that no one has the right to say any thing to you about  your personal matter, i think you have the right to decide about your bitcoins either you want to sell it or keep it. to me i think it is still good time to hold it because the price is still increasing and hope that very soon is going to couch 1000 USD.

[Mastsetad]

I will simply listen to them if i need money, and if i don't then there will be a straight "no", as i never sell my bitcoins if i don't need any money, i like keeping them as i believe bitcoin will get more progress in coming time.

[lionheart78]

I'll just let them say what they wanted to say.  i have my own mind and decision.  All they can do is just rant and rant and yet  the final decision is still mine.  it will be useless to argue with them or explain your side to them. I think it is just a waste of time, instead of arguing with this kind of people, Ill just do useful things. This way i can help myself to improve more.

[Bidnant]

I will simply listen to them if i need money, and if i don't then there will be a straight "no", as i never sell my bitcoins if i don't need any money, i like keeping them as i believe bitcoin will get more progress in coming time.

That is right. When we need the money to buy things, we can either sell the bitcoin for fiat or use bitcoin directly.

[zombie007]

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.

as bitcoin is a private currency and you are the owner of the bitcoin you have in our wallet so you have the right to use it according to your wish, either you want to use it or store it or spent is in shopping, you have fully right for that and now one has the right to stop you from doing so and no one can claim for that bitcoin that you are owning. therefore people should not pock their nose in some one private affairs.

[Victorycoin]

I should be out of my mind in the first place to allow myself to be lead by blind and people not well informed about goings-on in the cryptocurrency industry. Everyone in the industry knows that buying and holding bitcoin has been an impressive way to profit from trading the cryptocurrencies, so panicking over fluctuation in prices shouldn't be a choice for someone that is in tune with bitcoin.

[acroman08]

If it was unwanted advice(I didn't ask for it), then they can shove it. I can make up my own mind. Thank you. You handle yours and I handle mine.

There are always exceptions of course. I'm not such a bull-headed person who can't see reason. If it was advice from a friend whose judgement I trust(trading and the like), then I would listen, and make up my mind after. If it was just some braggart, know-it-all(or worse,a total freakin stranger ), then who cares what comes out their mouth.

Never a good idea to listen to gossips(questionable inside info). We gotta learn to make our own decisions.

[Doms]

Whatever people say about your bitcoins, the decision is still yours to make. Better to do your own work and research when to sell and buy. Planning accordingly is better so you won't be basing your decisions on hearsay and hype created by others, whether it is for buying or selling.

[Adbitco]

I would listen to them but do what I would feel like and that would be to keep my bitcoin safe in my online btc wallet and try to earn and accumulate as many as I can and wait for the btc prices to go up and up and then sell them

[ufaiz50]

i just a listen because whatever other people say to me the decision keep in my hand . but if sell bitcoin a good choice and from a trusted source i want to selling 

[Xester]

i just a listen because whatever other people say to me the decision keep in my hand . but if sell bitcoin a good choice and from a trusted source i want to selling 

Yes, I agree.. Its better to listen first then ignore. Many people now wants to buy bitcoins from other person at lower price. I also experience that a friend approach me to buy my btc at lowest price, his reason was at least i don't need to go outside and withdraw my earnings. But come to think of it, Why on rush to sell bitcoins if its price was getting high. and its better to save bitcoins now a days, who knows, its price really climb up to 1000 USD at the end of this year. Just listen and Ignore. No need to Argue with them. That's the best thing to do. 

[kiklo]

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

I would say, Already Done it.  

I treat BTC like a merchant if I need to buy it , I get rid of it almost immediately.
Never know when China is going to pull the rug out from under everyone.  

 

[Harlot]

It is a matter of personal preferences or needs. For example my advice will depend on who is listening if the Bitcoin holder's purpose is investing I would advice him not to sell yet their Bitcoin not until they reach  the margin of $900 - $1000 as it can give them a high value for their money. Not all people have the same objective in life so really it is up to the person who is in possession of the Bitcoin on whether to sell it or not.