selling bitcoin is a stupid decision ?

LigwagGanern

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Quote from: popping on March 25, 2018, 06:08:13 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 is not a stupid decision it is a choice because you are not trusting again bitcoin. You know that bitcoin price is temporary, it will chance anytime and anywhere. Bitcoin price can decrease or increase, if it decrease it doesn't mean that it is the end of bitcoin. It is a chance or opportunity for those people who don't have yet bitcoin. And if the price is rise or increase it is a good thing for those people who have bitcoin, because their money will increase too. Selling bitcoin is not a stupid decision.

Liternyy

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The final list of products will be announced in April. Meanwhile, China has developed its own plans to reduce the sale of American goods within the country. This was announced on Friday.

After receiving such news on Saturday, the price of bitcoin rose to almost 9 thousand dollars. But in the course of sales, the digital currency slightly passed the position. By the time it was written, she had dropped to $ 8,622.

The cost of bitcoin can grow to $ 30,000 by the end of 2018.
So it's very stupid now to sell bitcoin !!!

Virtual miner

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Not all people can understand this thing easily. It takes quite a bit of time to understand the crypto market, it is that complicated!!

Actually most of the newbies panic in no time seeing the price of the bitcoin drop. And in this anxiety of losing badly in the market, they sell their holdings. But these peaks and valleys in the price of the bitcoin and other crytpo coins are a normal part of this market. Nothing stands permanently; neither a drop nor a rise!!

But I think there is a need to correct you at one point: Selling bitcoin is not always a stupid decision. Sometimes the unfavourable situations in the market persist for a long time, people have to sell their holdings out of helplessness.

proTECH77

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It will always get to a point where you would sell your bitcoin because you can't actually hold your bitcoin forever. So, selling bitcoin is not actually a stupid decision. What can be said to be stupid is when you sell at a loss.

serenacalce

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by selling bitcoin at this time may be an unwise action because the bitcoin price has now gone down and if you sell it then you will lose, you better hold the bitcoin you have and wait until the bitcoin price will increase again

Seeker#9

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Panic selling always happen to people who lacks information on cryptocurrencies. Investing in bitcoin or any cryptocurrencies requires enough knowledge so it better to learn it first before buying any coins. But some bitcoin holders are also desperately need cash sometimes especially when the only available source of funds at that moment is their bitcoin.

Apes

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I think it's their right to sell it or not, and I'm sure they sold it probably for some reason not because they panicked or something happened to bitcoin problems .. maybe because they have a problem to be solved with money and maybe no other option to sell bitcoin .. the presence of bitcoin to help others with any problem and do not intend to sell or sell at the wrong time because they exist for some reason that requires sales and bitcoin is the best possible consultation in any matter especially in financial importance

brokens

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selling Bitcoin at such a low price can be said it was a stupid decision, there may be a cause for selling Bitcoin at a low price because requires money or is pressed for economic needs. of course if you want to get a good profit that is hold your coins and other coins until market prices increase high.

Farvin2

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In my opinion I can say yes selling bitcoin is a stupid decision especially if you will sell your bitcoin when its price is to low. Just hold a bitcoins for a while and wait for the right time to come to sell it in a much higher value.

hieu81

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Bitcoin and altcoin are rising, This time it is not clear whether the purchase or sale will be beneficial, all decisions are by you and it will directly affect your profit!

Nasty23

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★Bitvest.io★ Play Plinko or Invest!

Quote from: Kolly on April 21, 2018, 12:22:35 AM

Quote from: popping on March 25, 2018, 06:08:13 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 would depend on the reason for selling i believe. If we look at the current prices now and you sold it when prices are low and panick is the whole reason then it is a stupid move. But if the reason is because you are in a situation that you badly needed the money then by all means it is a no.

Yes it all depends in the situation, but some people sell it because they don't have enough experience and knowledge about bitcoin that makes them afraid to hold in the deep because they don't want to loss a money and wanted to have a profit only that makes them loss. Knowledge is very important here in bitcoin so that you are confident to hold it because you know that bitcoin can change your life in the future.

Kolly

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Quote from: popping on March 25, 2018, 06:08:13 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 would depend on the reason for selling i believe. If we look at the current prices now and you sold it when prices are low and panick is the whole reason then it is a stupid move. But if the reason is because you are in a situation that you badly needed the money then by all means it is a no.

SupplyBloc

newbie

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Hold long term. These dips are cyclical and if you are investing money you are willing/able to lose, you will not be temped to sell.

boksoon

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Quote from: popping on March 25, 2018, 06:08:13 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.

Not only one reason why people selling their bitcoin, sometimes we need to have enough fund to buy something we want to buy, financial also for daily needs expenses for the family. it depends upon the quality of life so we do not know the other people what's the main reason why they sell their bitcoin.

decoder88

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Quote from: enhu on March 25, 2018, 10:01:21 PM

Not everyone is seeing the drop of price as opportunity though even those who are trading a lot of it sees it as opportunity to profit which is why they sell their bitcoin. If you hold you hold it I guess you aren't aiming to profit small bucks at every higher highs in the chart. I'm also holding most of the time but those scalping is pretty much what those guys who you thought are panicking which making the price drop every time.

This is definitely real that the reason why others think it is stupid because it has a lower prices but if you want to gain a higher profit maybe you should hold the coin or token.

cacakuswaya

newbie

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o not sell bitcoin, when this time I think bitcoin is still below, the price can still go up, for those who have money now is a good time to buy bitcoin.

kyucryp

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In my opinion, Not all sales can be considered a foolish decision. I agree to say a stupid decision, if selling bitcoin but not used to buy again. Many people trade by selling their bitcoin, but they will buy again. Trade by looking at the current market conditions, they can also benefit from bitcoin trading. So I do not agree, if everyone who sells you say a stupid decision.

Eleanorjean11

newbie

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You have to take risk brother because you cant predict if the price will go down or up or else you have to keep an eye always

raes

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Quote from: jeepuerit on April 20, 2018, 10:51:45 PM

No, Depend on a holder's strategy or Bitcoin uses how he can use Bitcoin. Bitcoin's sales is not a wrong decision, it's in his strategy of how he will move his Bitcoin.

That's correct. Having different strategies aren't the wrong thing. And if you sell it, it doesn't mean a stupid decision. As long as you can profit, that's the right decision I think.

Javed zaman

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Yes, the drop will not last long and bitcoin will regain its original value again soon, so there is no need to panic.

Topic: selling bitcoin is a stupid decision ? (Read 2479 times)