selling bitcoin is a stupid decision ? - page 25.

rainezerr401

member

Activity: 294

Merit: 10

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 just simple because you always need to check the current price in the market in order to earn profit, selling or trading is not a simple job because of the volatility of the market and that what makes bitcoins good for long term investment.

Gdra467

newbie

Activity: 137

Merit: 0

How can selling bitcoin be a stupid idea? What would one gain from not selling bitcoin? However it wouldn't be advised you sell it at a relatively low price compared to how it was bought. Sell to gain profit!

HiringYou

sr. member

Activity: 574

Merit: 256

Selling Bitcoin at this particular price is seriously a stupid decision.I mean who consider buying at higher rates and selling at lower rates a characteristic of a good investor? What is the fun of investing if you end up facing such huge loses? I think that the people who are selling their BTC's are not conventional about the volatility of Bitcoin and it's potential of recuperating from all these drops.They are just committing the mistake of panic selling because they think that the price will not rise again.By doing this they are adversely effecting themselves and the market also. I will advice them to all have trust in Bitcoin and to hold their BTC's until they find the right price for selling so that they can get best out of their investments.

alexn3620

newbie

Activity: 55

Merit: 0

It depends on the price at which you bought bitcoin, and in general yes, it's silly. Better not sell yet.

drm

legendary

Activity: 1176

Merit: 1005

It arguably is when you're selling at a loss.
If you had bought btc under a thousand for example you might be fine selling.

Kopceak_MD

member

Activity: 366

Merit: 14

Investment

agrees, now selling bitcoin is the most unreasonable, if you do not re-buy at the bottoms

Games.Bitcoin

member

Activity: 322

Merit: 11

Tontogether | Save Smart & Win Big

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.

Well I mean if you're still profiting from your sale its not a bad idea the issue comes by if oyu sell at a loss or if you hold on too long and bitcoin suddenly loses all value(which is a possibility but that'll only happen around the time of the consumer grade quantum computer, which is thankfully far away).

danggoron

full member

Activity: 560

Merit: 102

Quote from: Tumanggor on March 31, 2018, 01:32:03 PM

for those who panic sell we might say selling Bitcoin is a stupid decision, Roll Eyes

but what about traders doing short term, does it look stupid if they sell their Bitcoin.

As long as it is based on analysis, for the day trader, it is not a stupid act.
But everyone's needs are different. As long as the capital is not minus aka BEP, then selling at any price certainly will not disappoint. Missing one opportunity does not matter, there will be many other opportunities that arise.

Miraz69

copper member

Activity: 238

Merit: 0

Bitcoin is a platform that you have enough patience and confidence to work on. Only then you can improve this sector. Because the price of Bitcoin is always up-down. I am really sorry for those who are selling down bitcoin after being disappointed by the downside market. I think, it's totally a stupid decision.

Doych

newbie

Activity: 196

Merit: 0

Maybe it's stupid, maybe not stupid! Everyone decides for himself.
It's stupid not to be interested in Bitcoin!

pratik009

full member

Activity: 365

Merit: 108

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.

Nowdays btc price gone to very deep near about the 6000$. If you but btc at $9000 or more then it is stupid to sell bitcoin at this price beacause you have to face big loss for it. So i suggest you to hold btc now beacause it price will soon go up so be patient. And if possible then buy more btc beacause it will give you huge profits in future.

Tumanggor

full member

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1xBit.. recovered their reputation

for those who panic sell we might say selling Bitcoin is a stupid decision, Roll Eyes

but what about traders doing short term, does it look stupid if they sell their Bitcoin.

Nowherman

member

Activity: 378

Merit: 10

Competent traders always start buying stocks on strong falls. Similarly, in the crypto-currency market, one should buy when the price
of bitcoin is reduced, and terrible rumors circulate about the total depreciation of the BTC.
In my opinion, the bitcoin price is at a very low level and it's time to buy a BTC. If you look at the technical analysis,
the graphs show the completion of the fall and the beginning of the uptrend. We should not miss such opportunity.

Loveaaronbaby

newbie

Activity: 83

Merit: 0

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, bitcoin has been falling for four months, and it has fallen from $20,000 to $7,000 now, and I think that bitcoin is about to stop falling, and that's the bottom. So it would be foolish to sell bitcoin now. I choose to buy bitcoin now.

northcoin2018

newbie

Activity: 89

Merit: 0

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 it can be a stupid decision for now because it you sell now that the price is low you lost your investment. If you wait there is a vig possibility that you will profit more if the rise is high.

cunguks

full member

Activity: 854

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Polkadog - Multi-Chain Defi Meme

It's not always a stupid decision. Because any condition can come to us. We could be squeezed into a cost that we have to pay anyhow. And our only choice is only one, it is bitcoin. So should we hold bitcoin? Of course not. But if you can find another solution, use the other option before using bitcoin. Just make bitcoin as the last choice.

LanzCoinPress1994

jr. member

Activity: 112

Merit: 1

Hi!

Actually this is the best time for buying Bitcoin Because We can expect 30k+$ at the end of year. If you compare last year price chart you can predit that! And also bitcoin have many legalizations in many countries. That is very positive sign for bitcoin for go forward. My personal opinion is that, this is the best time for Buying Bitcoin. And hope Bitcoin will become many times better price than current conditions. Holding is best Decision.

Thanks

fitzzz

full member

Activity: 364

Merit: 100

Once you sell your btc now its your lose if you buy at high price but if your entry is 1yr ago you still have a good profit. So its depends when is your entry price and exit price. A gain is a gain..

blue_dragon

full member

Activity: 251

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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 think it is not a stupid decision. What if this person need a big amount of money because of an urgent problem that need to solve. What if they need a money because of something that they need to pay. So calling it a stupid decision is wrong because we are different to each other, we have different problems in life that we need to answer.

FalcoonRed

newbie

Activity: 196

Merit: 0

Is it because you are afraid of losing your money? selling bitcoin at the moment is the wrong decision. it turns out the bitcoin prices are so common that you joo telalu panic, two months later also bitcoin prices will rise again. just wait and do not regret.

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