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Topic: selling bitcoin is a stupid decision ? - page 14. (Read 2485 times)

member
Activity: 224
Merit: 10
April 06, 2018, 04:47:25 PM
If you are holding a lot of bitcoins today, as bitcoin price is dropping; I suggest you not to be a panic selling investor. You are kindly requested to be patient waiting for price to recover. You can get huge if will waiting for normal price. But if you have some financial problems, so selling bitcoin is not a stupid idea.
Certainly, you suggest the OP to be patient when the price of Bitcoin is dropping just because you didn't have any BTC in your wallet my friend or you don't have that many enough to care about it.The feeling that your money is running out slowly is actually like you're bleeding till dead. It's really pain and annoying.
Yur
full member
Activity: 196
Merit: 102
April 06, 2018, 04:43:49 PM
If you are holding a lot of bitcoins today, as bitcoin price is dropping; I suggest you not to be a panic selling investor. You are kindly requested to be patient waiting for price to recover. You can get huge if will waiting for normal price. But if you have some financial problems, so selling bitcoin is not a stupid idea.
full member
Activity: 350
Merit: 100
April 06, 2018, 04:40:30 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.  
Really stupid if you earned nothing from your investment, The purpose of investing is to obtain income, but the things happen are reciprocal, As early as possible, we should be aware on the possible happen to our money. Investing crypto's are no good at this moment, Perhaps we need to know more about crypto's before we invest .
newbie
Activity: 98
Merit: 0
April 06, 2018, 04:33:40 PM
if you are going to invest in bitcoin then have to think long term, 15 months ago the bitcoin was worth $ 1000, nobody knows how far the price will fall, but we all know that in 5 or 10 years it will probably be around $ 50,000 or $ 100,000
newbie
Activity: 7
Merit: 0
April 06, 2018, 04:29:44 PM
These price levels seem cheap, it may be. You never know where you are going to fall, seeing the graphs there could be a level lower than 6k. At that time definitely bitcoin would have to decide to go up or down. If you have bitcoin and you think long term, hold. If you want easy and fast money, this is not for you.
sr. member
Activity: 574
Merit: 250
April 06, 2018, 04:29:30 PM
I think people sell bitcoin now is due to panic, I will say they lack knowledge about bitcoin that is why they are afraid or thinking they will lose money.
full member
Activity: 420
Merit: 106
April 06, 2018, 04:24:14 PM
Yes that is true. Even I personally think that bitcoin's price dropping is kind of a blessing as it would be a great opportunity for investors to invest and earn a lot of profit later. Panic selling can never do any good and the people who are panic selling now would regret a lot, later. At times like this, holding and investing more money would be the wisest decision.
member
Activity: 255
Merit: 10
April 06, 2018, 04:24:05 PM
Selling bitcoin, yeah. If you have something to eat, and somwhere to sleep, you should not give off bitcoin in my opinion. It can blow its price, and you will bite your elbows then.
hero member
Activity: 1134
Merit: 502
April 06, 2018, 04:22:33 PM
Selling Bitcoin is stupid if only you are riding the selling of those people who panic because of the dip of the price of Bitcoin but if you sell it because you are short of money to pay something emergency even if the price dips then that is not a stupid work instead it is a wise decision because you are using your resources during emergency.
sr. member
Activity: 644
Merit: 255
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April 06, 2018, 04:20:13 PM
They are those peopel who which we call panic sellers. Those are common to newbies especially those who did not experience the true volatility of bitcoin. Panic selling is like a virus, those who panic sell may spread FUD's and may affect other bitcoin users thus, making the price more lower. Well this is just normal. People like them will eventually learn from panic selling and will make them realize many things.

I think not all seller in low price is beginner, there are people who sell their bitcoin because they have no choice because of unxpected needs. In this kind of situation we can not make a profit or possible losing. My suggestion is don't use bitcoin as primary source of income, build a business if you earn huge profit, I'm sure we avoid losing, because it is obvious that we need to sell at high price.
jr. member
Activity: 378
Merit: 3
April 06, 2018, 04:15:09 PM
I strongly believe that Bitcoin is going to bounce back. from the middle of the year.
i advice investors to Hodl on tight. as i still hold few of mine. until moon
member
Activity: 138
Merit: 11
April 06, 2018, 04:10:02 PM
They are those peopel who which we call panic sellers. Those are common to newbies especially those who did not experience the true volatility of bitcoin. Panic selling is like a virus, those who panic sell may spread FUD's and may affect other bitcoin users thus, making the price more lower. Well this is just normal. People like them will eventually learn from panic selling and will make them realize many things.
newbie
Activity: 107
Merit: 0
April 06, 2018, 04:07:11 PM
I agree selling bitcoin in the middle of deep fall price is a stupid decision. How can you get profit on that
sr. member
Activity: 994
Merit: 252
April 06, 2018, 04:03:09 PM
I personally take an average of how many days one downtrail exists. and everytime i match the period and start investing Smiley
You are playing so amazingly. Really if you are doing this and implementing what you have said in a right way, I believe you will be having much bigger amounts. Better is hold more because situation is not good for selling bitcoins. So in order to make profit out of your investment, you need to be more patient and keep investing and waiting for the prices to come out and sell then only.
sr. member
Activity: 1236
Merit: 252
April 06, 2018, 02:20:27 PM
"selling bitcoin is a stupid decision ?"

Yes i am still crying my eyes out since jumping out and selling at $18k because I knew the days were numbered when fees
hit $55 per transaction and the word got out to the public.

Maybe the OP would like to buy some vintage hens teeth or Tulips from my collection  Roll Eyes



You did not break the jackpot, and you will bite the logs when bitcoin starts to pick up the price and will cost 30-50 thousand dollars
Yeah no need to break the price of bitcoin, by selling at panic price, gradually bitcoin is getting better so wait let the market be high again, there are highly possible that price of bitcoin will be high in price this summer, most of people who are expert in bitcoin are already saying this year bitcoin price will be high as high as 30 or 50 dollars,  I never advise anyone to sell bitcoin right now because price of bitcoin is moving and it will rise very high this year, so I am going to hold not gonna sell for long time.
full member
Activity: 378
Merit: 100
April 06, 2018, 01:34:40 PM
Bitcoin is the god blessing and due to red market the bitcoin selling for present value is a stupid thing and like other usage is good but if you are thinking about bitcoin selling i would like to stop you before doing this while the crypto lovers are in contact with the market so it is better to forecast bitcoin for the next two three months and then decide the selling of this currency. Bitcoin is market oriented currency and holding is more and more good for future.
newbie
Activity: 218
Merit: 0
April 06, 2018, 12:08:08 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 are right, selling bitcoin is currently an unfortunate choice, it's just a panic that will leave a regret when bitcoin grows again, hold bitcoin because bitcoin will definitely increase.
sr. member
Activity: 1036
Merit: 281
April 06, 2018, 12:05:52 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.  
For me it is! It is a stupid decision if you will now sell all of your bitcoins. The bitcoin is still gaining more power, the bitcoin will change the world. We should keep our bitcoins because the value of the bitcoins will increase more in the near future.
newbie
Activity: 25
Merit: 0
April 06, 2018, 12:03:39 PM
yeah selling bitcoin is a stupid decision specially when it is dropped....but buy can be a good decision
full member
Activity: 479
Merit: 103
April 06, 2018, 11:31:14 AM
Another incredibly stupid thread to pollute this forum. By the way, the answer to your stupid question is : Yes or no, depending on the situation.
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