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Author Topic: stupid millionaire or risk to be Billionaire ?  (Read 617 times)
jeluhtajem
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January 24, 2018, 08:07:45 PM
 #41

I will hold my bitcoin, until it reaches the highest price
and I will be a billionaire, and your opinion is also true
If I sell now I will become a stupid millionaire, therefore, I will not sell it now  Grin
lusa
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January 24, 2018, 08:21:07 PM
 #42

Why becoming a millionaire made me stupid because I didn't take risk and become a billionaire?Having more money than what i need won't make me happy or clever.  For me, bitcoin is a tool for my road to become financially free.
kueyen
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January 24, 2018, 08:24:08 PM
 #43

if you sell now or if you hold now and at the same time you are only thinking in terms of being a millionaire or a billionaire,... you ARE dumb no matter what.

because it means you just invested in bitcoin, the biggest innovation at least in financial/economical field and you never understood what you invested in. you might as well have bought a sack of potato and made the same profit!!!

The crypto world is very volatile and stressful. I can understand people not willing to experience this stress. If you have made enough money which is going to last you a lifetime, I see no problem with cashing out. People have their preferences.

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January 24, 2018, 08:35:42 PM
 #44

If I were you, I would sell half of my crypto currencies.
As a result you will be an half sputid millionaire or an half Billionaire...
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January 24, 2018, 08:48:57 PM
 #45

Sell a big part so you are a lucky millionaire, and keep some bitcoins on the side
coolcharacter
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January 24, 2018, 08:53:33 PM
 #46

It depends on what makes you happy. Most people will settle for a millionaire but the choosen few will hold till the become billionaires
blacklemon49
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January 24, 2018, 08:54:01 PM
 #47

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

Agree
Ryan Dugan
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January 24, 2018, 08:54:11 PM
 #48

I use bitcoin often. Most of my funds are in crypto. It is just better then fiat. You can just spend as you always would when yo uspend fiat but you use crypto. You keep savings and use the rest. No need to sell them all. Keep them and sell only when you need. Otherwise spend directly from your savings but always keep a certain amount. If you do this you can even out each possible outcome.

teejaymuna
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January 24, 2018, 08:57:02 PM
 #49

I will hold my BTC because I know the price will go up very soon. I know in no time, I will be a millionaire
PatronRH
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January 24, 2018, 08:58:08 PM
 #50

Why not sell an amount of it for just safety. And hold what you have in bitcoins this way if the price drops you would have something that you gained from the experience. And you it would be okay that you gave it a try. And if the price goes up you would be the same billionaire.

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koryu
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January 24, 2018, 09:16:07 PM
 #51

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

Either way you are a millionaire, who cares xD.

Doesnt matter if you were right or wrong, if you have financial independence you are one of the lucky ones regardless.
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January 24, 2018, 09:16:43 PM
 #52

I'll hold if I have a lot of bitcoins in my wallet. Striving to become a billionaire is too much for me. Lucky or stupid it's fine with me you can call me whatever you want as long as i'm gaining profits from my investment. Selling bitcoins is also not a bad idea if you really need the money just don't sell them all in one go. Right now i'm doing it, I don't have any plans of selling because I believe bitcoin's price will recover.

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joebrook
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January 24, 2018, 09:26:42 PM
 #53

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
Then is no way that you are going to go broke by not selling your bitcoins at this very moment, take a risk because if you don’t sell there is nothing wrong with becoming a millionaire at all. Just hold till you can’t hold any longer.

 
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maaydin
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January 24, 2018, 10:35:17 PM
 #54

well if I would have enough btc to be a millionaire, I would definitely sell them and enjoy my life and establish a new business like a factory and even if the price goes up I wouldn`t care cuz I have taken what I aimed and the rest is just greed.
piter66
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January 25, 2018, 04:05:33 AM
 #55

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
Holding all of them at this point seems scary to me if you were one of those people who invested very late at anything over $5000 per BTC
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January 25, 2018, 04:11:58 AM
 #56

sell some, enjoy that money or invest it somewhere else, stocks, a startup,...etc; and hold the rest and just wait and see.

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mkettler
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January 25, 2018, 04:46:18 AM
 #57

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!
He’s probably looking long  term though, if he can out wait the drop and wait for the rise then there’s no issue for him
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January 25, 2018, 04:54:25 AM
 #58

And don't forget, like any kind of investing, there is option D, E, and F, which are varying ways to lose all of your investment or going into the negative because you couldn't afford to invest in the first place.

 Cheesy

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January 25, 2018, 05:04:11 AM
 #59

I will play this on both sides, since I have much bitcoin better for me to sell some of it for what ever price right now and use this as my capital to make a real business. Don't be so greedy because there is no assurance in this kind of market, well if you sold or hold some of your bitcoin you still have holdings to use for and can still make more money later on. The important things on this decision is that, you are secured already.
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January 25, 2018, 05:06:06 AM
 #60

people always tempted by greed we cannot deny that about selling or holding strategy i see this kind of talks for the people who dont think bitcoin or crypto will become a replacement  for fiat i know crypto are having a lot of threats but its still a possibility that crypto will replace fiat someday so i guess if i have some bitcoin or any other currency i will spend only what cover my expanses and save the rest for the coming future why i ould have to sell them all its an economy working  the crypto gaining more interest everyday and people change and the world changing maybe replacing fiat money is close and you don't know it
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