selling bitcoin is a stupid decision ? - page 12.

finzyoj

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Quote from: matthona on April 07, 2018, 01:45:50 PM

If you sell bitcoins at this stage then of course its an stupid decision to make as price is not too high and if you sell now then you will be getting less profits on your investments so it would be good to hold your bitcoins till the end of the year as price may go much higher by that time and if it goes then selling at that time can be more profitable.

Well to be honestly, selling bitcoin is not a stupid decision. It will be just stupid if you sell it at this moment that the value of bitcoin is at very low price.

Selling is kinda part of our business, we buy, we sell, the different thing is the value you'll loss if you sell it now but if you will hold it until the best time to sell it you'll have big profit from it.

It depends on us on how we will going to deal with it. Facing ups and down is a normal thing in life its just up to you on how you will handle it.

vending

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I really agree with you, although I am still a beginner, I know very well the risks that I will face when investing bitcoin, up or down the price at the time we invest it is commonplace! do not panic, maybe because I believe the bitcoin price will go up, so I can be calm like this.

cosmicart

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Yes it is a stupid decision, because you might have bought at a higher price. then selling at a low price because of fear and then you loose.
i would feel stupid to find out that i sold now and it hiked later which would definitely happen.
the best decision for any investor to make now is to buy more BTC

markint

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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 do not think it is a stupid decision, because everyone obeys their personal interests and the needs that their personal economy demands of them. Keep in mind that bitcoin still has a lot of growth space and will continually be subject to large pumps and dumps, so there will always be an opportunity in the future to buy and sell at a price appropriate to our interests.

last7minutes

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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.

Yes I think that selling coins is stupid decision. We dont know real price of crypto. Nobody knows. It is necessary to be patient and wait until the price will grow. It will happen I am sure.

MZMARY

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Now this uncertainty in the market is crypto-currency, that I decided to sell bitcoin for 50% of the deposit and to go to Fiat, I'd rather watch from the side how the battle of bulls and bears will go on

matthona

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If you sell bitcoins at this stage then of course its an stupid decision to make as price is not too high and if you sell now then you will be getting less profits on your investments so it would be good to hold your bitcoins till the end of the year as price may go much higher by that time and if it goes then selling at that time can be more profitable.

mersal

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Quote from: Rajs64 on April 06, 2018, 10:00:10 PM

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.

There may be various reasons involved, one of such can be need of urgent money, another being someone who has invested all amounts in bitcoins and no is panicked with price drop.we cannot control peoples actions, their emotions and current needs

Selling unnecessary is an bad thing but most of the people are sell their bitcoins for their urgent or necessary needs so bitcoin selling is not a bad thing in right time but selling in normal time is an bad idea.

ScroodjMoney

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For me selling bitcoin in a low price is not a stupid decision, I think they sell their bitcoin in a low price because they really need money at that time or they used that money for emergency expenses.

DU18

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Yes I think selling Bitcoin for now is stupidity thing.Because panic selling will always lead you to loss.So I will suggest you to keep patience and wait for the price goes up.So in my opinion selling Bitcoin now is obviously a stupid decision.I will suggest you wait more and wait for the price goes up.

dhka

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Quote from: jakoylantern on April 07, 2018, 11:47:57 AM

For me, it depends on the situation, not every time selling bitcoin is a stupid decision. What if you need some extra money now and bitcoin is the only thing that you have left, so it's not a stupid choice even bitcoin’s value right now is very meager compared to its amount in last December. The foolish decision is selling your bitcoin because you think that bitcoin’s price rate will be worthless or zero.

how if they bought their bitcoin in december and selling it at current prices? That is stupid LOL
You can do whatever to your bitcoin, selling hodling, as long as you know what you are doing. Not selling in panic and crying. There is bull and bear, just wait for their each turn

jakoylantern

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For me, it depends on the situation, not every time selling bitcoin is a stupid decision. What if you need some extra money now and bitcoin is the only thing that you have left, so it's not a stupid choice even bitcoin’s value right now is very meager compared to its amount in last December. The foolish decision is selling your bitcoin because you think that bitcoin’s price rate will be worthless or zero.

gamalzour

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Quote from: Ais08 on 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 ...

That is absolutely right. If someone have personal needs like he has a family to which he has to feed them, so how can one person just sit and hold his money? Definitely he will be going to sell at any cost if he got no other source of money. So firstly, better is to get a permanent job and then adopt bitcoins as part time job. Because you don’t know when it comes the bad time and you have to wait.

NA boom

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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.

Bitcoin prices have been falling day by day, for that some people selling Bitcoin. But I do not understand they should have a belief by working at this forum. There are risks in everything. Those who succeed in life are the ones who can take risks. According to many, Bitcoin is the cause of concern to yourself but they do not consider that if Bitcoin prices rise, they will get better profits. I agree that many people might sell Bitcoin for the sake of necessity. But the rest should keep the bitcoin with yourself and wait.

SaiWAFU

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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.

If some of them bought bitcoin at 16k price, then you can't blame them if they choose to sell it now. They loose half of their investment already and being alarmed is normal specially if they invested more than they can afford.

But you were right about trying to hold it more in the future because basing from last year, bitcoin bounced back at the last quarter of the year.

rina aulia

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because of the many unstable rates that take advantage of these moments to earn big profits, they sell at high rates and buy them back when it goes down, for which there is still a bitcoin balance it is advisable to keep hold

Rajs64

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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.

There may be various reasons involved, one of such can be need of urgent money, another being someone who has invested all amounts in bitcoins and no is panicked with price drop.we cannot control peoples actions, their emotions and current needs

Breackup

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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.

No I do not think so. Bitcoin's price is going down a lot now. As a result, many people do not want to keep bitcoin,so they sell it . Some people are buying Bitcoin for later gain, and if the prices rise later, they will be benefited by selling. Bitcoin is a currency .Many people keep good profits and many sell them to meet their money requirements. If it is good to sell the little money at the cost of which is needed, then will we tell the fool to sell it ? Of course not. There are many reasons to worry about bitcoin. Bitcoin's price has been decreasing continuously, many of which are worried. Yes, but the cost of bitcoin will increase, just wait a little while.

cris ronaldo

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Knowing the nature of its value, you should be ready when time comes that it drops. If you sell your bitcoin because you are now panicky of its sudden drop then it would be a wrong decision. Try to hold it a bit longer

Sithara007

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Sooner or later, you need to sell at least a part of your coins, because as a currency Bitcoin is not widely accepted. So if you want to realize your profits, then you need to convert some of your coins to fiat.

Topic: selling bitcoin is a stupid decision ? - page 12. (Read 2479 times)