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Question: ^
Of Bitcoin price crashing - 19 (31.7%)
Of Bitcoin going over the roof, but unluckily you have sold out your entire bitcoin? - 41 (68.3%)
Total Voters: 60

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Author Topic: What are you more afraid of?  (Read 2875 times)
asdlolciterquit
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December 23, 2014, 11:33:30 AM
 #21

i really don't understand how you can vote option 2.

It's simple avoid that fear: don't sell!

Instead, for option one, there's nothing i/we can do...
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December 23, 2014, 11:36:36 AM
 #22

option 1 not gonna happen anytime soon, you need a new altcoin with plenty of new features, to destroy bitcoin, or a 51% attack maybe ...
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December 23, 2014, 11:59:15 AM
 #23

This is what happened to me.
Last year, I sold part of my holdings at $130, when it crashed a little. Then after a few days, it becomes $300 +. I sold out the rest.
Whoa, in a few weeks, price hits $1000. And I just stared at it.

So, incidentally, I hate losing out to a pump than of a temporary price crash.
(And I should be buying low and selling high.)

Which one are you more scared of/hate more?


I sold at 150$ right before the big surge. I sold more later and bought back and managed to turn a profit, but I also got wiser.
asdlolciterquit
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December 23, 2014, 02:15:03 PM
 #24

option 1 not gonna happen anytime soon, you need a new altcoin with plenty of new features, to destroy bitcoin, or a 51% attack maybe ...

for everyone have bought >600$, bitcoin price is already crushed...
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December 23, 2014, 03:02:30 PM
 #25

Option 2 by far.  I'm afraid of missing out on the boat, the choo choo train, the moon rocket, the bandwagon....

Nothing scares and scars more than missed opportunity and regret...



Once the locomotive leaves the station, there's no stopping it.  I hope we all are on board when it does happen.

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NotLambchop
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December 23, 2014, 03:13:35 PM
 #26

...I hope we all are on board when it does happen.

Me too.  Nothing as sad as watching a trainload of Bitcoiners going over a cliff, and noticing some empty seats Sad
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December 23, 2014, 05:27:32 PM
 #27

NotLambchop: "This troll is currently being ignroed."  Cheesy

(cue one of NotLambchop's alternate trolling accounts to post the same thing underneath this post)
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December 23, 2014, 06:32:08 PM
 #28

Most afraid for the bitcoin crashing, because I decide to HODL my BTC and then sell when I think that price is right for my requirement. Actually I invest many time in Bitcoin and I don't want that this is a lost time for me, I would want to see some result in future..

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December 24, 2014, 05:38:41 AM
 #29

Quote
...more afraid of?
1. Bitcoin price crashing
2. Bitcoin going over the roof, but unluckily you have sold out your entire bitcoin?

Option 2 will never happen to me. I will never sell ALL my bitcoin, will always keep some in cold wallet. I am not afraid of option 1 either. I do not have much bitcoin. My retirement is not depending on it, so a price crash doesn't scare me. If it does crash, I will buy some.
Soros Shorts
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December 24, 2014, 08:45:23 AM
 #30

It is better to have bought and lost than to have never bought at all.

Oh boy! Seriously?! Why would it be better to have bought and lost already than to just watch the charts and not lose at all???

Probably because with a chicken-shit-afraid-to-lose attitude one would end up being be a mediocre good-for-nothing in life.
fewcoins
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December 24, 2014, 07:09:38 PM
 #31

It is better to have bought and lost than to have never bought at all.

Oh boy! Seriously?! Why would it be better to have bought and lost already than to just watch the charts and not lose at all???

Probably because with a chicken-shit-afraid-to-lose attitude one would end up being be a mediocre good-for-nothing in life.

Say what you want but watching the charts and not loosing anything is what better than buying and loosing!
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December 24, 2014, 07:44:38 PM
 #32

...
Probably because with a chicken-shit-afraid-to-lose attitude one would end up being be a mediocre good-for-nothing in life.

You're confusing stupidity and bravery.  Bravely blowing money on scratch tickets is exactly what get-rich-quick mediocrities are good at Undecided
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December 24, 2014, 07:47:16 PM
 #33

I had a similar event happen except I bought at $95 and sold at $210. Then I rebought at $500 and sold at $800. Of course if I would have just held I could have made a lot of money but that price increase was unexpected and never get too greedy is key.
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December 25, 2014, 09:37:21 AM
 #34

You're confusing stupidity and bravery.  Bravely blowing money on scratch tickets is exactly what get-rich-quick mediocrities are good at Undecided

Bitcoin is hardly scratch-off lottery tickets.
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December 25, 2014, 11:18:11 AM
 #35

It's definitely watching the price going up the roof and regretted of not taking action when I had the chance to. It's doesn't matter if the price crash after I bought because I know I took the gamble and put on hope that one day it will reach higher.

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December 25, 2014, 12:13:34 PM
 #36

You should only be afraid of option 2, because option 2 is a predefined fail; it should be a straight choice between...

Agree. Option 2 is more afraid/scared. Oke option 1 is scared too but in option 2 more scared because if you dont have bitcoin but the price going to the moon, you will buy some bitcoin and after that bitcoin price crash again, you'd be crazy!
AtheistAKASaneBrain
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December 25, 2014, 02:45:46 PM
 #37

Not having enough BTC to retire in 10 years.
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December 25, 2014, 06:36:57 PM
 #38

the both of option make me scared but i choose the option 2 -_-

but i hope it does not happen to me, I hope by the time bitcoin prices to the moon in that time I have bitcoin for sale
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December 25, 2014, 11:15:52 PM
 #39

Lol at the results.

Thats why bitcoin is going to lose the war. People are afraid more of btc's rise than its crash. They don't want it to succeed and get caught offguard.

This is because majority lost their trust to btc. If btc price was staying 800$ or more in these days the results were maybe be different.

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December 26, 2014, 04:00:01 PM
 #40

Lol at the results.

Thats why bitcoin is going to lose the war. People are afraid more of btc's rise than its crash. They don't want it to succeed and get caught offguard.

This is because majority lost their trust to btc. If btc price was staying 800$ or more in these days the results were maybe be different.

If you've been around here long enough, then you know Bitcoin is prone to speculative bubbles and price "crashes".

That's pretty much why people picked the latter option, because they know about a thing called volatility.

Bitcoin's "crashed" so many times in the last 5 years, it's almost numbing to see just a $10-$15 swing.  Stick around here longer, you'll eventually learn something.   Wink

CharityAuction
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