I tried to tell him just HODL bitcoin, don't make this hard.

[corel]

Friend I met here on facebook.

Had a bunch of money in bitcoin last year. I told him not to do it, but he sold it ALL.....for EOS.....

He held EOS for like 6 months from july 2020 till roughly late February of 2021(EOS price has barely grown 100% in 6 months which is terrible for a shitcoin).

Bitcoin hit $57K, he thought it was the top. Sold ALL his shitcoin EOS when bitcoin hit 49K during a brief dump. He thought bitcoin was "old and slow". I told him it was still the undisputed,uncontested king.

Then he REALLY FUCKED UP and shorted bitcoin at $47K......

Don't be like him, sell shitcoins, HODL Bitcoin. Don't short bitcoin.

Nothing wrong. Maybe he will win back. Risky gamblers are usually lucky

[1714789535]

1714789535

[1714789535]

1714789535

[aysg76]

Friend I met here on facebook.

Had a bunch of money in bitcoin last year. I told him not to do it, but he sold it ALL.....for EOS.....

He held EOS for like 6 months from july 2020 till roughly late February of 2021(EOS price has barely grown 100% in 6 months which is terrible for a shitcoin).

Bitcoin hit $57K, he thought it was the top. Sold ALL his shitcoin EOS when bitcoin hit 49K during a brief dump. He thought bitcoin was "old and slow". I told him it was still the undisputed,uncontested king.

Then he REALLY FUCKED UP and shorted bitcoin at $47K......

Don't be like him, sell shitcoins, HODL Bitcoin. Don't short bitcoin.

Those who are ignorant of the prevailing market conditions will eventually suffer loss in the long run and you should not waste your time giving advice to such people's.What he has gained by Selling btc for some shitcoins which will devaluate over time compared to btc which is giving huge returns from the start.Only few percentage of hodlers are holding their Bitcoins in cold storage from very long and now they are sitting on piles of funds.Those who envy Bitcoin or think it as bubble will soon shift towards it and it will be too late for them to invest in it.Even if they invest all their money they will be getting a crumb of bread instead of getting full loaf.So be smart and invest now instead of giving advice to these dumbheads.

[acener]

Friend I met here on facebook.

Had a bunch of money in bitcoin last year. I told him not to do it, but he sold it ALL.....for EOS.....

He held EOS for like 6 months from july 2020 till roughly late February of 2021(EOS price has barely grown 100% in 6 months which is terrible for a shitcoin).

Bitcoin hit $57K, he thought it was the top. Sold ALL his shitcoin EOS when bitcoin hit 49K during a brief dump. He thought bitcoin was "old and slow". I told him it was still the undisputed,uncontested king.

Then he REALLY FUCKED UP and shorted bitcoin at $47K......

Don't be like him, sell shitcoins, HODL Bitcoin. Don't short bitcoin.

We couldn't control them we could just give them advice just like what you did,
It is all on their own no matter what they do we shouldn't really care because it's their money it's their lost if they don't want to listen to our advice.
I also experience the same situation I told my friend to invest in BTC but he chose to invest in alt-coin last year and regret it.

[virtualdn]

I've never sold a bit of BTC since 2013. My only regret is I didn't joined earlier.

[nightxglow]

Oh my, that seems like a bad news for sure. I can't imagine how much he must regret over his own decision, especially after you warned him not only once, but twice, or maybe more?
I can't believe someone really sold btc to buy another coin, that might not be as promising as btc. But well, that's all his decision, i'm pretty sure he might have learned his mistakes, and if he invested in bitcoin again, he might be more careful and make a better decision next time. People can be reckless, and take wrong decision in investing, but that's the risk that someone should take.

[sapnu]

Friend I met here on facebook.

Had a bunch of money in bitcoin last year. I told him not to do it, but he sold it ALL.....for EOS.....

He held EOS for like 6 months from july 2020 till roughly late February of 2021(EOS price has barely grown 100% in 6 months which is terrible for a shitcoin).

Bitcoin hit $57K, he thought it was the top. Sold ALL his shitcoin EOS when bitcoin hit 49K during a brief dump. He thought bitcoin was "old and slow". I told him it was still the undisputed,uncontested king.

Then he REALLY FUCKED UP and shorted bitcoin at $47K......

Don't be like him, sell shitcoins, HODL Bitcoin. Don't short bitcoin.

That is really an unfortunate event, if only your friend could have listened to you, for sure he us gaining much benefit from bitcoin right now. Regrets are always at the end, for sure that friend of yours is spending most of his time each day regretting his wrong decisions and doubt about bitcoin. It is all good that we invest on other coins too but we should make sure first that it is worth it. Put some on other coins but make sure you have plenty left in bitcoin. Patience is really important together with faith and loyalty, through all of these you will know how wonderful it is to put all of your trust in bitcoin.

[sayaya17]

 It's a very sad story. I do not understand, why he does not understand also about bitcoin, that bitcoin is the king of crypto.
Maybe he wanted to find a quick profit in altcoin, but he was wrongly predicted, so he lost a lot of money. For that, it remains
a bitcoin holder. It'll make someone rich. Bitcoin is in a bullish state to date, so this is an opportunity to make a lot of profit.

[wendy sy]

Biggest tip for newcoiners: ignore the media entirely, and half of the YouTube “10000% PROFITS NOW!!!!!” guys. Last weeks correction commanded the media rats to start the “is this the top?” Shit and newcoiners panic sold. Either you’re in it for the long haul or you’re not. Just buy as much as you can, buy dips aggressively and just wait til each halving cycles corresponding bull cycle to take profits. It’s really this simple. People get into this space and try to day trade and lose their ass. Trust me. Remember NEO & TRX? 🤣

[jonval21]

It is difficult when a person ignores people who have more experience, the case in which he sells Bitcoin at a low price will teach him that he must learn a lot, a shitcoin can be sold at any time, also it is necessary to take into account that the money was not From OP, the money belonged to the friend, and everyone does what they want with their money. Sometimes people do not believe in Bitcoin until they see their new ATH, at that moment they become aware and for many it is already very difficult to get back in.

[cabron]

He must have heard something different from someone who shills EOS to him so he sold his BTC for EOS. There is a big difference to the two and its obvious BTC is way superior but he listened to the shill. If he just hold his EOS for 6 months, then its obviously the wrong thing to do, it makes it a lot worse for his investment to sleep for there are other ways to hold EOS while earning some more EOS.

[AniviaBtc]

Holding bitcoin seems boring especially that you're not certain on when its price will go up so some people are choosing to sell shitcoins.

But altcoins are also profitable in the market and that's also an opportunity to earn money, not only by holding bitcoins.

It is true that holding bitcoin is good especially if you really want to secure your future in the long run.

Continue holding your coins and stay patient with the market because there are many good thing that are waiting for bitcoin.

[Strongkored]

Friend I met here on facebook.

Had a bunch of money in bitcoin last year. I told him not to do it, but he sold it ALL.....for EOS.....

He held EOS for like 6 months from july 2020 till roughly late February of 2021(EOS price has barely grown 100% in 6 months which is terrible for a shitcoin).

Bitcoin hit $57K, he thought it was the top. Sold ALL his shitcoin EOS when bitcoin hit 49K during a brief dump. He thought bitcoin was "old and slow". I told him it was still the undisputed,uncontested king.

Then he REALLY FUCKED UP and shorted bitcoin at $47K......

Don't be like him, sell shitcoins, HODL Bitcoin. Don't short bitcoin.

At least that's not what you do, let your friend experiment with all the decisions in crypto, gradually he will learn from every mistake he makes (that is, if he wants to evaluate it).
Even if you choose to hold Bitcoin, can you be patient and believe that the price will go up when you see the conditions are just the opposite, so you need patience.

[Darkelf11]

You can't push other people too much because we have different insights about the possible market it depends on you how it becomes profitable for the next coming months and years if you have a full capacity to handle and hold that money good for you but if not I think you need to try more knowledge about the coin you want to invest.

Getting aware of the coin you want gives you an insight into the possible profit you will get.

[doctor877]

it shows he dosent understand times and season , he lacked patience and he had to let his emotions of missing out on the profit he could have made make him short at the wrong time. its too bad he had someone to advise him but he didnt listen. i hope he learns from his own mistake. anytime traders or investors allow emotions to run over them, their decisions at that time are usually a wrong one.

[btc78]

Holding bitcoin seems boring especially that you're not certain on when its price will go up so some people are choosing to sell shitcoins.

I understand your Point man , specially for those people that does not Really know deep what is Bitcoin and how it works, meaning those newbie feels the same but if you are here back in 2017 and this year? surely you will have another different opinion.

But altcoins are also profitable in the market and that's also an opportunity to earn money, not only by holding bitcoins.

Sure, if you can find which coin will pump then really profitable to buy.

It is true that holding bitcoin is good especially if you really want to secure your future in the long run.

Continue holding your coins and stay patient with the market because there are many good thing that are waiting for bitcoin.

If His friend don't wanna follow His advise then He better do it Himself .

[Connor Britton]

My best buddy doesn’t get it neither, and he’s pretty smart with stocks and finical stuff. So I stoped talking about Bitcoin with him, and maybe couple years later we’ll talk about it again and see what he thinks then.
On the other hand, I talked my father into Bitcoin. 4 years before he talked me out of it, 4 years later I talked him into it! When Bitcoin hits 20k for the first time, he talked me out of it, I sold all I had. He was like it’s a bubble, it’s not investing it’s speculating, it’s not backed by anything blablabla you know the drill. I was a paper hand and I’ve learned my lesson. And after weeks of preaching, he was finally informed enough and bought the dip at 52k.

[proTECH77]

Friend I met here on facebook.

Had a bunch of money in bitcoin last year. I told him not to do it, but he sold it ALL.....for EOS.....

He held EOS for like 6 months from july 2020 till roughly late February of 2021(EOS price has barely grown 100% in 6 months which is terrible for a shitcoin).

Bitcoin hit $57K, he thought it was the top. Sold ALL his shitcoin EOS when bitcoin hit 49K during a brief dump. He thought bitcoin was "old and slow". I told him it was still the undisputed,uncontested king.

Then he REALLY FUCKED UP and shorted bitcoin at $47K......

Don't be like him, sell shitcoins, HODL Bitcoin. Don't short bitcoin.

I don't joke with  my personal research before selling my coins
not to regret at the end of the business. When the price of bitcoin hit $57k many traders where rushing to supply all their coins to market hoping that the price of bitcoin will dump soon not knowing that the price is about to hit $60k. I made a good profit from my investment when the price of bitcoin hit $60k last month.

[adzino]

You "friend" seems to be a dump one. Why would he say bitcoin is "old and slow" and then invest when the price dumps down to $49k? What worse is he then sold it at $47k. It looks like your friend is little impatient here and confused. He has no clue how the market works and how to make profits through holding. He probably was panicking and fell for FUDs and FOMOs.
But then, how did he manage to hold shitcoins and random altcoins without being anxious and panicking? He even made profit out of it. Looks like your friend just wants to be rich overnight.

[Becky666]

Well, it's choice for all; some choose to HODL why others don't. The thing here is how you personally look into the technology that's driving the Bitcoin ecosystem, some actually see it as odd becasue of fake news arising from some quarters but lacking the will to investigate properly into these said news. Sometimes years back, a friend bought some bitcoin worth appr-2btc and couldn't hodl, he sold them back in 2017, kindly imagine what he's going through now?, he's doing some menial jobs on the street to survive, nothing beat holding onto your coins either bitcoin or shitcoins.

[Lorence.xD]

~

I agree. Giving advice to a person who doesn't seem to want to hear it is asking for trouble. On top of that about money matters, where the reaction can be visceral. If his friend was on the ball, would know that the most profitable strategy is just holding.

Not to mention that it will be convenient for you and you won't be stressed out because of their investment moves. And they will also have no one to blame when they failed to gain profit from their investment because you didn't give them the advice, imagine if you gave the advice and their investment has fallen, you are going to be blamed for it no matter what.