selling bitcoin is a stupid decision ? - page 27.

Gens09

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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, that's true. Don't see red value as a negative, you need to think positively. If the market's value is going to red then it is time for you to enter crypto currency world. It is the best time to buy btc because of its low price. Then hold and wait until it increases.

So go back to the question, Selling js not a stupid decision because many of us has a problem behind those actions. Maybe their is a financial problem and only bitcoin can help them. Don't easily judge them, don't see them as a weak person.

SamuelSL

newbie

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You can not sell btc when price updown you have to hold. Until price uprice

SixOfFive

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Yes according to me, selling Bitcoin is a stupid decision, especially if you are selling it out of the fear of its price falling down. People should understand that this drop is temporary, because the drop itself is as people are selling off their Bitcoin holdings. So this is a kind of a trap people are creating for themselves. For those, who have not yet sold their investment, I will say hold on and wait for the big rise.

Free1bitco.in

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yes, ... this time is not the right time to sell bitcoin and it is a stupidity, better wait until the price recovers, hold and hold your bitcoin, wait for the right time to sell it

rapidleech

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its not stupid always! due to the drop in BTC price on the market, selling is the right decision at the moment of time.
You can sell then Rebuy in lower price

bellakrstna

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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 agree with you. You should sell your bitcoin when the price is high, and you can get more profit from it. If the price goes down, you can hold it.

lightning mcqueen

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Quote from: boddy.dy on March 31, 2018, 12:14:55 AM

In my opinion i can say yes selling bitcoin is a stupid decision especially if you will sell your bitcoin when its price or value is to low than the buying price. Yes their has no perfect time in selling or buying bitcoin because no one knows when its price will go down or even will increase. Only the worst thing scenario is that if you had the felling to sell then in just a few seconds its price already decrees and that is really embarrassing. Well it is normal thing especially if you were just new in this industry or business but it has always a limitation. Habitual selling of coins when its price were lower than the buying price will make you a stupid person.

yes I agree to you sir. we should know when to hold the bitcoin and when to let go, if the bitcoin price gets rise, that is the time to sell the bitcoin and when it is drop, that is the time to hold.

Froloff92

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The bitcoin price is moving up and down for the last 3 months that why many people owning bitcoin are panic and start selling their own bitcoin to avoid losing too much money.

adjudicator

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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.

You have a point, but selling a bitcoin is not a stupid decision. It doesnt mean that you sell your bitcoin, you have a stupid decision. The possible cause is they have a financial problem which usually happen to human life. There are different problems that we usually face so we need solve it and the only answer is to sell our bitcoin to solve that problem.

Mosunus

newbie

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yes i am with you, in my opinion people can hold it without sell it until the price increase because the increase of bitcoins value is unpredictable. therefore the people shouldn't be panic and be wise to make adecision

BitcoinBoster

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I completely agree with you, people who come to the crypt world, think that this is easy money out of nothing, but when I start to lose% of my income immediately panic, so the question is, why did you come to this business if you are afraid to take risks?

kumar jabodah

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It is not a stupid decision, It depends on him his life. We do not know what the reason for his sale. The only thing I know is that the decision is the sale of bitcoins because it's scared. Selling Bitcoins because someone told him that it will fall, Please try these people to research so you do not go fool

josephine85

newbie

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Merit: 0

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 and wait until it becomes higher and you will earn a profit. The that is the perfect time to sell it.

durgeshjishri

newbie

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Its correct but it happens when the market drips people starts selling and try to keep their profit but for long term investment its not good to sell.

OnlyTomorrow

newbie

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Selling in loss is certainly a bad decision. Everyone is making profit with bitcoin and if someone wants to leave with a sad story it is funny.

SMSabuj

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Quote from: Lionel on March 25, 2018, 09:22:30 PM

This drop is temporary, even though it lasts several months.

Many experts predict the price to go at 50-100k in the 2020.
These are times to buy, not to sell.

If the price drops now it is a blessing, i would take advantage of it by buying and waiting for the Big Rise 😎

Yes, I agree with you. This Bitcoin price dropping is not permanent. I will not continue. I think this is a blessing for the investor. And I think we should take this great opportunity. We should hold Bitcoin for the long period. Bitcoin will increase very soon. And this time Bitcoin price will reach so high. At the end of this year, Bitcoin price will be $30-$35k.

KingOfWinterfell01

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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.

True enough. People shouldn't panic and sell all their bitcoins to "cut their losses". It's plenty more losses if they sell it. You're also right about people not knowing the true nature of bitcoins; that it acts like an unpopable bubble. It's so volatile and it's so massively sought after that it doesn't go boom.

gabmen

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Quote from: Lwtelencio on March 31, 2018, 02:06:26 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.

As of now its really a stupid decission to sell bitcoin because the value was rapidly decreasing its value.Its better now to hold and wait the moment to rise again.

Well the trick would probably be to avoid looking at the price every hour. It's going to be hard to control yourself once you see your capital being slowly chipped down. First instinct would be to cut losses which is most of the time a newbie mistake.

DoublerHunter

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In this moment, yes it is a stupid decision and it is better if you will just hold and buy more bitcoin and wait for the market to recover and that is when you are going to make some profits and also you avoid being stupid for selling bitcoin for a cheap price. Keep having faith in bitcoin and always believe that the price will go up again since the supply is fixed and very low amount.

noictib

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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.

Currently market is going toward the down and this is really a usual thing in this field for the newbies that they get into panic and sell with loss .
And also here we can see dump in the price of the bitcoin with two side , at one side where we seen that price of one btc was about 25k$ , so chances are better for us to hold and make profit but at another side many people are looking towards the dump in the price and they are only see that what may be the minimum price of bitcoin ( that was below 1$ long time back when it was started) .
So here we just need to tell them with more priority and boldness that we should not take tension with these things , it is a time for us to hold and make profit in future .

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