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Topic: selling bitcoin is a stupid decision ? - page 16. (Read 2483 times)

newbie
Activity: 182
Merit: 0
April 05, 2018, 01:52:31 PM
At its core, it is not Bitcoin and other cryptocurrencies is not a means of measuring things or services, not a product, but a kind of index of business activity, which is growing due to speculative expectations of the market. Ie essentially using all the mechanisms that are inherent in any financial pyramid.
member
Activity: 294
Merit: 11
April 05, 2018, 01:50:54 PM
Hi guys , I  read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you  should face , and  its a win and win bet when you hold bitcoin . So knowing that  some people selling their bitcoin I feel so sorry for them.  

Selling Bitcoin or Other Cryptocurrencies is bad decision that they will do. The price as of today is very low so there's no need to sell because you will get a loss. All we need to do is to just hold and wait for the best time. We are just experiencing a paper loss not until we sold it at a lower value. For me, the best strategy is to buy additional coins and then hold.
full member
Activity: 448
Merit: 100
April 05, 2018, 01:45:16 PM
Hi guys , I  read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you  should face , and  its a win and win bet when you hold bitcoin . So knowing that  some people selling their bitcoin I feel so sorry for them.  
I believe that now it is not reasonable to sell bitcoins, because their price is very small. Soon it will start to grow and what's the point of selling bitcoin when it's on the bottom. It is best to wait until it costs much more than it does now.
sr. member
Activity: 714
Merit: 250
April 05, 2018, 01:38:56 PM
Hi guys , I  read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you  should face , and  its a win and win bet when you hold bitcoin . So knowing that  some people selling their bitcoin I feel so sorry for them.  

I think they are "paranoid" and not "stupid". But then, I also feel bad for them because they didn't know that the drop of bitcoin only means that it is still fluctuating and investment material. This period is the time when buying bitcoin is the minimum expense for investing.
newbie
Activity: 210
Merit: 0
April 05, 2018, 01:33:40 PM
People should try not to panic, this is not the time to sell. Althuogh people might decide to sell because of defferent reasons. But l advice that they should not sell becuase of drop in price or fear of the unknown.
full member
Activity: 448
Merit: 122
April 05, 2018, 01:00:08 PM
Well bitcoin as an assets is more profiting when it is being hold but if you sell out of panic you tend to lose at the end. Bitcoin is an investment platform that you need to sell when you need to and not due to FUDS and panic.
jr. member
Activity: 118
Merit: 1
April 05, 2018, 12:54:24 PM
Hi guys , I  read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you  should face , and  its a win and win bet when you hold bitcoin . So knowing that  some people selling their bitcoin I feel so sorry for them.  
I think its not stupid decision.maybe some of them are scared because the value of bitcoin is continue to dropped that is why some them are scared now. But for me in my opinion this is the time to invest while the price of bitcoin is low.
sr. member
Activity: 507
Merit: 250
Adoption Blockchain e-Commerce to World
April 05, 2018, 12:50:12 PM
We are never know with the future, people selling bitcoin certainly a lot of reasons and I'm sure that the most reason is because it takes money, not wise to say that selling is stupid decision because we never guarantee the price tomorrow better than today.
member
Activity: 350
Merit: 10
April 05, 2018, 12:45:49 PM
well.. it is very regrettable, when someone enters the bitcoin world and they are not in understanding of the market situation, then that is what will happen, when bitcoin prices are in bad trend, they are in a hurry to make a decision to sell bitcoin they have. that is why it is so important to understand and define a strategy before starting to plunge into the world of bitcoin or cryptocurrency.
full member
Activity: 504
Merit: 100
Bitgesell (BGL) Decentralized Cryptocurrency!
April 05, 2018, 12:44:21 PM
Hell yeah, keep it in your portfolio. The hard times has arrived but after the darkness we will get the light. Just keep patience, man.
newbie
Activity: 20
Merit: 0
April 05, 2018, 12:43:02 PM
Exports advise that the price drop is temporary and will rise again. I'd buy not sell
newbie
Activity: 28
Merit: 0
April 05, 2018, 12:42:30 PM
i don't think so. depend on intent of each people, Selling is a good decision and opposite, is stupid decision
full member
Activity: 406
Merit: 100
April 05, 2018, 12:39:47 PM
I woudnt say on selling as everybody have got their opinion and its their hard earned money and they have invested here with their own wish keeping in view some profits target as well.So its upto the investors when to dump and pump , i would only say btc has a got a long way to go, its only in its early ages and many more miles to go and milestones to be achieved in the long run.
hero member
Activity: 983
Merit: 502
April 05, 2018, 12:38:24 PM
It is true, but we can also see the personal needs that one will have, what if one does not have a steady job just rely on income from looking for bitcoin, so inevitably if the needs of the house or kitchen, surely not possible we will let it sit and not we sell, while the personal needs are highly cornered to the person ...
member
Activity: 117
Merit: 18
April 05, 2018, 12:36:35 PM
That is a very subjective question with several variables.  If you are selling and making a profit, generally it is a wise idea.  If you are selling because of panic and fear without substantiation or fact, it is not a good idea.  If you are selling and losing money but there is truly a factual concern for insolvency, then you are limiting your losses.  It would therefore be hard to label all decisions as stupid without more information pertinent to each individual's situation.
member
Activity: 235
Merit: 11
April 05, 2018, 12:34:00 PM
It is better decision if you hold bitcoin but it is risky too hold it for too long. Im not saying to do a panic selling of coins, but you never know what will happen in the future. As long as you can earn sell it. These digital currencies is very unpredictable. As of now, the best decision is too hold until bitcoin recovers. Wait for the price to go high then sell some of your bitcoins, and the hold the remaining for future purposes
full member
Activity: 490
Merit: 100
April 05, 2018, 12:32:38 PM
Hi guys , I  read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you  should face , and  its a win and win bet when you hold bitcoin . So knowing that  some people selling their bitcoin I feel so sorry for them.  
You may not really blame them for selling because it all depends on the reason why they do so. Why holding on to bitcoin when you are having financial difficulties and it seems your coins is not doing well, for that reason some prefer to sell and buy back when it falls again because no one can be 100% sure of btc movement.
yes, somebody has their own reasons why they sell bitcoin they have, I think it's natural for someone to sell bitcoin to avoid losses, because everyone does not want to lose.
their decision to sell must have been thought out, so we can not blame them completely.
newbie
Activity: 52
Merit: 0
April 05, 2018, 12:30:43 PM
I do not think there is anything to worry about bitcoin and price reduction right now. Because we have seen that the price of Bitcoin increased at very fast speed. That's why people showed interest in Bitcoin more and more than Bitcoin's transactions compared to other online currencies. Due to such transactions, many people have got too much bitcoin. That is why they have a lot of fear in the mind that if Bitcoin prices fall further they will face much more harm. For this reason, many people are trying to sell or sell Bitcoin.
member
Activity: 952
Merit: 41
April 05, 2018, 12:18:24 PM
Bitcoin is an individual investment and the choice of either to sell or not depends on the individual, to me I sell when I have need for the money and my decision is not always base on the price of bitcoin at the particular time. So I don't do panic selling.
member
Activity: 381
Merit: 11
April 05, 2018, 12:09:46 PM
sold  lots of my coins when we hit 10k usd last year and managed to sell a bit more for 15k Wink anow is good time to reenter..i used the whole downtrend from 11k to reenter;)
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