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Author Topic: stupid millionaire or risk to be Billionaire ?  (Read 617 times)
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January 24, 2018, 11:09:01 AM
 #1

if you had many bitcoins now, do you sell them or hold?

remember if you sell now and :
Price drop : you will be lucky millionaire.
price goes up later : you will be stupid millionaire.

if you don't sell now and :
Price drop : you will be broken.
price goes up later : you will be Billionaire

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Lyd
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January 24, 2018, 11:13:05 AM
 #2

I would hold them and I will. I don't have that many bitcoins but I think the price goes up so I'm making lot of profit with that I have. I would totally risk to be a billionare
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January 24, 2018, 11:54:55 AM
 #3

I would hold them and I will. I don't have that many bitcoins but I think the price goes up so I'm making lot of profit with that I have. I would totally risk to be a billionare
May I ask why? Holding while the price is falling is almost as stupid as selling while the price is climbing!
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January 24, 2018, 12:01:49 PM
 #4

if you had many bitcoins now, do you sell them or hold?

remember if you sell now and :
Price drop : you will be lucky millionaire.
price goes up later : you will be stupid millionaire.

if you don't sell now and :
Price drop : you will be broken.
price goes up later : you will be Billionaire
If i have many bitcoins now i wi hold it for a long long time i will take the risk, bitcoin have a bright future, bitcoin will make me billionaire someday.
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January 24, 2018, 12:03:16 PM
 #5

if you had many bitcoins now, do you sell them or hold?

remember if you sell now and :
Price drop : you will be lucky millionaire.
price goes up later : you will be stupid millionaire.

if you don't sell now and :
Price drop : you will be broken.
price goes up later : you will be Billionaire

For ex., you have bitcoins or other criptocurrency for 1+ million $ and do not have fiat money. In this case you can sell a half into fiat money - it will be the best option.

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January 24, 2018, 12:03:56 PM
 #6

i'm going to sell %20 only of my bitcoins, i guess this is best solution.

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January 24, 2018, 12:05:38 PM
 #7

I think that if you got enough btc to turn them into just 1 million then you should do it. Better safe than sorry.
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January 24, 2018, 12:08:09 PM
 #8

if you had many bitcoins now, do you sell them or hold?

remember if you sell now and :
Price drop : you will be lucky millionaire.
price goes up later : you will be stupid millionaire.

if you don't sell now and :
Price drop : you will be broken.
price goes up later : you will be Billionaire

There is no such thing as a "stupid millionaire"...

I would sell some coins and diversify (put money in land, gold, bonds, some other cryptocurrencies etc).

Going all-in and trying to become a billionaire is risky. Bitcoin has already had a very good run, but there is no guarantee that the next nine years will be like the last nine years. Especially as some very good alts have been launched.

 
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January 24, 2018, 12:10:11 PM
 #9

I would hold them and I will. I don't have that many bitcoins but I think the price goes up so I'm making lot of profit with that I have. I would totally risk to be a billionare
May I ask why? Holding while the price is falling is almost as stupid as selling while the price is climbing!
Those people called believers confidently think the future price of bitcoin sooner or later would bounce back due the factor of bitcoin gonna be the most wanted thing to invest more than gold and considering time after time the supply of bitcoin to be mined getting harder, the market would have high price, as simple as like that.

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January 24, 2018, 12:11:26 PM
 #10

if you had many bitcoins now, do you sell them or hold?

remember if you sell now and :
Price drop : you will be lucky millionaire.
price goes up later : you will be stupid millionaire.

if you don't sell now and :
Price drop : you will be broken.
price goes up later : you will be Billionaire
I think greed of money can never end for a person if he always wants more and more, and here is where the person goes wrong. If a person has already become a millionaire there is nothing bad to think of becoming a billionaire but he should keep in mind that he should have a stop on his greed for money at some point. In cryptocurrency you never know whats gonna happen next so its better that you become a lucky millionaire instead of becoming broken only because you thought that the price would rise.
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January 24, 2018, 12:13:26 PM
 #11

A sensible person would take a profit from a good amount of his coins.  Sell around half his coins.   And leave the rest.  Then he will have money to buy if the price goes down again.  Or he will make a profit on the ones left in if the price goes up. 
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January 24, 2018, 12:14:41 PM
 #12

I don't understand what could mean the term "stupid." In order to earn that kind of money you need to keep mind. It seems to me that "stupid" poor people envy the millionaires but do not want to work. Those who do not want to work they hold the coins and wait for them to rise in price. Those who are able and want to work to earn coins at any price. For me it does not matter how much currency. If it has a turnover you can always get the value added.
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January 24, 2018, 12:18:23 PM
 #13

I think the general idea here is to be smart about it. Whether you sell or hold will still have their associated risks. If you got Bitcoins to spare, observe the trends and be prepared to sell some if the price peaks. Personally, if I do decide and sell some (or even one) bitcoin, I wouldn't really go back and think if I made the right choice. I don't need any regrets when I sell.

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ferall
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January 24, 2018, 12:19:55 PM
 #14

Depends how greedy you are. Sell 25%.
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January 24, 2018, 12:23:32 PM
 #15

if you had many bitcoins now, do you sell them or hold?

remember if you sell now and :
Price drop : you will be lucky millionaire.
price goes up later : you will be stupid millionaire.

if you don't sell now and :
Price drop : you will be broken.
price goes up later : you will be Billionaire

This a great after scenarios stated. Yet, for me ir is more likely a logical basis. Though it is really after the future state of someone who wants or won't be risking yet he or she still don't know what future holds. As you can see, three out of four choices states that you could be a millionaire or even billionaire at these scenarios. Yet, only one is after the brokenness. Which made me say that it is okay and no regret to risk what you have in bitcoin.

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January 24, 2018, 12:45:28 PM
 #16

I would hold them and I will. I don't have that many bitcoins but I think the price goes up so I'm making lot of profit with that I have. I would totally risk to be a billionare
May I ask why? Holding while the price is falling is almost as stupid as selling while the price is climbing!
Those people called believers confidently think the future price of bitcoin sooner or later would bounce back due the factor of bitcoin gonna be the most wanted thing to invest more than gold and considering time after time the supply of bitcoin to be mined getting harder, the market would have high price, as simple as like that.
The thing is even then it makes no sence. If they had sold all when the price started to drop  and would buy again when the price start to raise again then they would still make way more money than with holding.
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January 24, 2018, 01:00:02 PM
 #17

I would hold them and I will. I don't have that many bitcoins but I think the price goes up so I'm making lot of profit with that I have. I would totally risk to be a billionare

That's true. I mean most people who struck gold in any market or venture has always had that "leap of faith" moment where the risk, although it is calculated, still has lots of room to go the other way and backfire. However, that's how businesses are; there is always a risk connected with it and those who has been successful are the risk takers that tried on a new idea or took the plunge and worked. Thus, in this case, I would try to play my cards right. I would take the risk of being a billionaire, but not be so aggressive that the line that separates risk and stupidity blurs.

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January 24, 2018, 01:08:20 PM
 #18

I think there is a happy medium, that is, sell a game to secure winnings, and keep another game to continue trading
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January 24, 2018, 01:09:58 PM
 #19

if you had many bitcoins now, do you sell them or hold?

remember if you sell now and :
Price drop : you will be lucky millionaire.
price goes up later : you will be stupid millionaire.

if you don't sell now and :
Price drop : you will be broken.
price goes up later : you will be Billionaire

So that is a fantastic argument for selling in any case, as an Stupid millionaire can stupidly use its stupid millions for whatever (stupid) things he wants to do, whereas a stupid guy broke has not much LOL  

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January 24, 2018, 01:11:26 PM
 #20

I should really happy if i become billionaire soon. I will stick to my instict in not cashing out my btc on my wallet amd wait for the right time for btc to pump up again. i will be a risk taker for me to have no regret someday.



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