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Topic: selling bitcoin is a stupid decision ? - page 10. (Read 2479 times)

full member
Activity: 434
Merit: 102
April 09, 2018, 06:32:21 AM
Yes selling bitcoin now is a stupid decision because the result of that is waste of money and if the price of bitcoin will increase after selling of btc everyone who sell his btc can regret their decision and they can't back their bitcoin
sr. member
Activity: 913
Merit: 252
April 09, 2018, 06:24:41 AM
As someone who has sold Bitcoins in the past, I have to disagree. There is no guarantee that Bitcoin will always give you profit. It is always better to sell some of your coins at regular intervals, irrespective of the exchange rate.
member
Activity: 406
Merit: 11
April 09, 2018, 06:20:37 AM
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.  

Holding bitcoin is a good move but it also depends on the choice of an investor. It is not stupid to sell if you needed the money. You can also at least sell the 50% and hold the remaining investments so that if the price will go high you can profit or breakeven.
newbie
Activity: 132
Merit: 0
April 09, 2018, 06:12:57 AM
Selling bitcoin in a bear market is definitely not a smart choice anyway but it would depends on the individual, some people want to sell and cut their losses because they are scared.
newbie
Activity: 156
Merit: 0
April 09, 2018, 05:53:57 AM
Bitcoin selling and the profit you make all depend on when you bought bitcoins. There are people who bought at 2k and if they sell now they would still be making profit but for those who bought at the height of the bull market then selling should not be an option in this bear market.
member
Activity: 238
Merit: 10
April 09, 2018, 05:32:40 AM
Those cases when people bought bitcoin at a price of 10 to dollars and now sit with them of course offensively but those who have bought now and waiting for the upgrade is even a very good idea
member
Activity: 238
Merit: 10
April 09, 2018, 05:24:43 AM
I like it on the contrary and attracts that there are times when the recession is coming out that expectation can then be greeted to a big bingo.
member
Activity: 308
Merit: 10
April 09, 2018, 05:17:56 AM
The price is generally not worth the price that falls, it rises but it's within 6-7 dollars to dollars so it's impossible to look at the chart without tears.
full member
Activity: 504
Merit: 102
April 09, 2018, 05:13:43 AM
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.  

Depends on their situation. They just want to cut their losses if they are not well with their investments. It is also a good choice to cut losses when it is still small.
member
Activity: 238
Merit: 10
April 09, 2018, 05:09:41 AM
Better than long-term investments, there is nothing now, because while you expect to raise a coin when it rises here and the whole answer for now.
newbie
Activity: 57
Merit: 0
April 09, 2018, 04:14:14 AM
Not everyone sees a price reduction as an opportunity, even though those who do trade see it as an opportunity to make a profit, which is why they sell their bitcoins. If you're holding you, I do not think you're aiming to make a small fortune at any higher altitude on the chart. I also hold most of the time but they scalping pretty much what the people you think are panicking that keeps the price down all the time, so in my opinion do not have to get too freaked out by the current state and should we take advantage of moments in such situations.
full member
Activity: 924
Merit: 100
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April 09, 2018, 04:06:35 AM
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.  

There is no need being panic in cryptomarket. As we know that cryptocurrency always have high volatile and its very ussual. If we remember, bitcoin once drop the price from around $2000 to only $200. But looks now, bitcoin after drop still above $5000. We should being calm when we decide to investing on bitcoin
member
Activity: 686
Merit: 39
April 09, 2018, 03:57:21 AM
It depends. If they sell their bitcoin at the right time or because of need, i don't think they are stupid but if they sell their bitcoin because of fud or panic then crypto is not for them.
member
Activity: 230
Merit: 10
April 09, 2018, 03:46:38 AM
the price reduction is common in the trade I think, do not be afraid, if you still have bitcoin keep it, I believe the next few years bitcoin price will make you become a wealthy.
full member
Activity: 364
Merit: 101
DanJoN
April 09, 2018, 03:42:17 AM
In this time, holding bitcoin is the best idea for now! Or if you have some extra buck you can buy and get more bitcoin in it!
Crypto will recover! I have faith in it. So if that time comes and bitcoin will rise again and be on itself as its highest peak we can go shout how lucky we are we hold bitcoin!
So we go cheers!
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
April 09, 2018, 03:38:01 AM
No, why on the earth would it be a bad decision. Selling bitcoin ain't never been a bad decision well, a bad decision would be in the time decision you pick to sell it. Well, because selling bitcoin is a profit so selling it is never been a decision.
jr. member
Activity: 76
Merit: 1
April 09, 2018, 03:37:02 AM
I agree that selling bitcoin is a stupid thing, because I am sure that it will go back  in several months. It would be wise to buy now, when the price is low. And you can get a good profit. I try to be patient and hold my coins.
newbie
Activity: 1
Merit: 0
April 09, 2018, 03:33:00 AM
hola buen dia muchachos ,depende del punto de vista de cada quien vender o no sus bitcoin
full member
Activity: 532
Merit: 100
April 09, 2018, 03:29:01 AM
Not at all. You still need to taste the fruit of your hardwork. Spend just a small amount because that is how it used to be and not waiting for many, many years and tightening your budget like crazy.
sr. member
Activity: 896
Merit: 268
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April 08, 2018, 02:47:53 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.  

It is not really dumb, neither smart. People are just scared to lose profit. You cant call them dumb, what if bitcoin’s price never really came back up and government around the world bans it? Pretty sure they’d get the last laugh. You are correct though, there’s no need to panic sell everytime the price go down and you cant blame them for selling it. They can still buy and sell coins. It's not the end for the.
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