Bitcoin Forum
December 16, 2017, 04:04:32 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 [3] 4 5 6 7 »  All
  Print  
Author Topic: Are all your friends telling you to cash out, too?  (Read 8094 times)
Elwar
Legendary
*
Offline Offline

Activity: 2310


www.bitpools.com


View Profile WWW
November 28, 2013, 09:01:58 AM
 #41

My friends were telling me to sell at $70.

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
1513440272
Hero Member
*
Offline Offline

Posts: 1513440272

View Profile Personal Message (Offline)

Ignore
1513440272
Reply with quote  #2

1513440272
Report to moderator
1513440272
Hero Member
*
Offline Offline

Posts: 1513440272

View Profile Personal Message (Offline)

Ignore
1513440272
Reply with quote  #2

1513440272
Report to moderator
1513440272
Hero Member
*
Offline Offline

Posts: 1513440272

View Profile Personal Message (Offline)

Ignore
1513440272
Reply with quote  #2

1513440272
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
bitleif
Sr. Member
****
Offline Offline

Activity: 351


I'm always grumpy in the morning.


View Profile
November 28, 2013, 09:33:03 AM
 #42

Remember guys, if bitcoin goes mainstream and your investment makes you rich ... these are the same people who will tell you how "lucky" you are.
PenAndPaper
Sr. Member
****
Offline Offline

Activity: 252


View Profile
November 28, 2013, 09:43:33 AM
 #43

Remember guys, if bitcoin goes mainstream and your investment makes you rich ... these are the same people who will tell you how "lucky" you are.

If that happens you won't care about what they say for you.
sunnankar
Legendary
*
Offline Offline

Activity: 1031



View Profile WWW
November 28, 2013, 09:45:15 AM
 #44

The peer pressure is too great!

Must retain balls of steel!

I told them I already cashed out of USD, EUR, etc. into BTC.

Then they mentioned some crap about diversifying which I countered with why would I want to pay about 40% in taxes just to diversify into something that can more easily be seized, is not limited in amount, has a lower return, etc.?

Of course, this is from someone who does not understand the tech. I think Bitcoin has outgrown any of its natural predators and is pretty much unstoppable from a tech standpoint now. Consequently, a lot of the risk and uncertainty is gone. This will allow Bitcoin to become its destiny.

And if just 1% of Chinese move a mere $20 into Bitcoin then the price will go to at least $10,000. And what is everyone starting to talk about over the holidays, etc.? Bitcoin is going viral. Just strap in and hold on for the longest time.

Plus, why take advice from them? They were wrong. And their advice could be bias; they may want to acquire cheap bitcoins.

DoomDumas
Legendary
*
Offline Offline

Activity: 993


Bitcoin forever !


View Profile WWW
November 28, 2013, 09:55:59 AM
 #45

They all tell me I should sell..

They just dont know much about it..  I keep replying that I still buy as I can, and they should too..

That's the same story all over since BTC were @ 10$..

No one bought, and they keep saying I should sell.. They just dont know much about BTC.

..
n691309
Legendary
*
Offline Offline

Activity: 1274



View Profile
November 28, 2013, 10:44:35 AM
 #46

Yes I get these sell now advices from people who dont really understand what Bitcoin is, but 600% increase since I bought makes them experts when I should sell

hilariousandco
Gold Member
Global Moderator
Legendary
*
Online Online

Activity: 1498


How does one bitcoin?


View Profile WWW
November 28, 2013, 10:47:56 AM
 #47

Mine wont shut up...

I try explaining what bitcoin is, they think it's a "scam' lol.  I don't get how that's possible when the currency is decentralized.
Anyways, I told them to buy a couple like me when the price was at $120 USD, and of course they changed the subject in like, 2 seconds.


That's it, really.

They think it's a scam because of the way it's sold/described to them. To be honest, it usually does sound like a ponzi/pyramid scheme and does sound too good to be true, and if something sounds too good to be true, then it probably is. I ask them if they think trading fiat money or buying shares is a scam, and just tell them I've made nearly 10 times my money and to do a bit of research and keep an eye on the markets.

It's funny how bitcoin changes your perception of what it means to "cash out."  Cash out to what??  

Cash out to cash. Fiat. I mean, I doubt a Ferrari garage is gonna accept BTC, but they'll happily take cold, hard cash.

Painful Truth
Sr. Member
****
Offline Offline

Activity: 294



View Profile
November 28, 2013, 10:54:31 AM
 #48

The ones telling to cash out don't understand bitcoin.

This is not a stock to get in and out and be done with it.

Sure it can go to $10, but if bitcoin keeps spreading like it is doing now and is a common form of payment in 5-10 years then you have to buy bitcoin again anyway, at some point!

-->>> So only sell all of your coins if you know for sure that you will never buy any again. Or if you are sure you will be able to buy much lower.
minimalB
Donator
Hero Member
*
Offline Offline

Activity: 670


View Profile
November 28, 2013, 11:52:02 AM
 #49

Remember guys, if bitcoin goes mainstream and your investment makes you rich ... these are the same people who will tell you how "lucky" you are.

This is happening to me as we speak... i was trying really hard to persuade them to risk some pocket money to buy btc back in 2011-12. Got tired trying and just stopped talking about it. Now they tell me that i am lucky bustard.

Doh, it's hard to understand people : )
boogi
Member
**
Offline Offline

Activity: 110


View Profile
November 28, 2013, 03:22:01 PM
 #50

I can say now people are actually listening and trying to understand bitcoin now, rather than just dismissing it as a pyramid or ponzi sceme.
ive hooked up with friends and family, with small amounts to get their interest.

 i guess its all about delivery.
bitarrow
Full Member
***
Offline Offline

Activity: 184



View Profile
November 28, 2013, 03:25:46 PM
 #51

My father who cant even operate a phone properly called me last night, "Hey you got them bitcoin thingys right?", "Yes I have a few".

It was on his local news. Its cool to see people starting to listening now.
okthen
Hero Member
*****
Offline Offline

Activity: 490


View Profile
November 28, 2013, 03:48:23 PM
 #52

Only the friends who have no bitcoins tell me to cash out... jealous bastards haha
Beta-coiner1
Hero Member
*****
Offline Offline

Activity: 532


View Profile
November 28, 2013, 04:21:45 PM
 #53

I don't discuss whether I have any or not, just tech.

Mine wont shut up...
Smart,I also refuse to tell friends and it has proven invaluable.

I have told family though and was trying to get them in 2 years ago but that went absolutely nowhere but they are actually happy it all worked out and wonder more about it now.

PenAndPaper
Sr. Member
****
Offline Offline

Activity: 252


View Profile
November 28, 2013, 04:30:35 PM
 #54

Only the friends who have no bitcoins tell me to cash out... jealous bastards haha

If you don't know what bitcoin is, it's not weird for people to advise you to convert the internet magic money to "real" money  Tongue
Taras
Legendary
*
Offline Offline

Activity: 1148



View Profile WWW
November 28, 2013, 04:33:08 PM
 #55


I've taken so many red pills in front of their faces.
"Sell!"
*price doubles*
"Sell!"
*price doubles*
"Sell!"

I_bitcoin
Full Member
***
Offline Offline

Activity: 168


View Profile
November 28, 2013, 04:41:24 PM
 #56

I had several wealthy friends tell me to cash out at 200 in April.   It was painful to watch the bubble slowly subside to $100 but I held.   

I have learned that if you truly believe in something just stick with it.   Don't let the naysayers or doom and gloom types stop you.

No matter where you go, there you are.
InYourFace
Newbie
*
Offline Offline

Activity: 27


View Profile
November 28, 2013, 04:48:26 PM
 #57

Remember guys, if bitcoin goes mainstream and your investment makes you rich ... these are the same people who will tell you how "lucky" you are.

This is happening to me as we speak... i was trying really hard to persuade them to risk some pocket money to buy btc back in 2011-12. Got tired trying and just stopped talking about it. Now they tell me that i am lucky bustard.

Doh, it's hard to understand people : )


I really hate such 'friends', frankly I think it's assholish and I disconnect from them.

A friend should support you, help you, not work against you and then when you do succeed, dismiss it with 'lucky'. It angers me.

After many years of suffering I think I understand people finally, there are just a lot of assholes and bitches, especially among 'family', replace them with nice people and your life greatly improves!  Cool
notme
Legendary
*
Offline Offline

Activity: 1848


View Profile
November 28, 2013, 06:04:33 PM
 #58

After many years of suffering I think I understand people finally, there are just a lot of assholes and bitches, especially among 'family', replace them with nice people and your life greatly improves!  Cool

+1

Life is too short for assholes and bitches.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
xavier
Sr. Member
****
Offline Offline

Activity: 261


View Profile
November 28, 2013, 06:08:01 PM
 #59

the first rule of trading: never follow the advice of anyone
samurai1200
Sr. Member
****
Offline Offline

Activity: 303


View Profile
November 28, 2013, 06:23:28 PM
 #60

My friends either hold (keyword!) btc, or dont and ask me, "how do you feel? are you nervous?" the weird part for me is that every day I feel less nervous, even during these nervewracking quick little selloff blips.

In 2011 I explained to my dad why I have a super noisy computer running in my garage, and why bitcoin is a superior form of transaction. He didnt even remember the name of the tech. Last week he asked me "do you know about this bitcoin thing?" because he heard about it on cnbc. I told him yeah, that "computer" in the garage is making me more money than my job is. Then he's all  Shocked

Hodl for the longest tiem.

Use it or lose it: http://coinmap.org/
Pages: « 1 2 [3] 4 5 6 7 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!