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Topic: selling bitcoin is a stupid decision ? - page 28. (Read 2479 times)

member
Activity: 253
Merit: 10
March 31, 2018, 02:06:26 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.  
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.
member
Activity: 168
Merit: 10
March 31, 2018, 02:03:19 AM
I don't think its not stupid when you know the right time to sell bitcoin, but if you suddenly sell bitcoin without knowing the bitcoin price then you can't get more bitcoin but if you save your bitcoin and invest it when time comes that bitcoin is increasing then you are profiting through bitcoin.
full member
Activity: 434
Merit: 101
March 31, 2018, 01:57:34 AM
Selling bitcoin is not a good decision in the present time if we check the bitcoin price now then it will clear that now the price is falling regularly and because of the crypto nature bitcoin can start a regular growth in the near future and the crypto is the long term investment and we have to keep patience and wait for the future because we can get good future.
jr. member
Activity: 317
Merit: 1
March 31, 2018, 01:20:22 AM
Most people fail to sell high and buy low, so they often regret, in my opinion, if you are not experts in speculation, it is better to hold and hold. And selling bitcoin is not stupid, selling bitcoin but not buying back is stupid
full member
Activity: 532
Merit: 100
March 31, 2018, 01:18:06 AM
Of course. The price is low now but that doesn't mean that the price will remain like this whole the time. Bitcoin had passed such types of bad situations in past. There was a time when bitcoin was only 700$ or less than that. But it increased. From 700$ it raised to 18k$.
So, if you just analyse the price range of last year then you will clearly understand the nature of bitcoin. When you understand the nature then you will also strongly believe that the price will again be high like before.
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
March 31, 2018, 12:51:46 AM
It can be a stupid decision if the prices go up immediately after the sale. I sold a few of my coins in 2015, when the exchange rate was around $200 per coin. Imagine what I could have done with that many coins.... But then again, I sold a few more coins in December 2017, when the exchange rate was $16,000 per coin. So it all depends on luck....
sr. member
Activity: 602
Merit: 259
March 31, 2018, 12:41:34 AM
If you see it with loss then obviously it is most stupid decision and selling it with the profits would be always appreciated. Now I dont understand why people go ahead and do the selling in loss because of which such threads are created in general to ask why they sell and is it stupidity. Yes off course its stupidity if you are selling the most precious coin of the crypto currency which can benefit you in the future with profits and what it asks for is your "time" and "patience" and nothing much. Im completely aware that there is more than 50% of crowd which falls under such behaviour where they do stupidity of selling the coins to whom we call as weak hands. They are the cause for speeding this selling plague.
member
Activity: 306
Merit: 15
March 31, 2018, 12:30:27 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.  
It's not bad to sell bitcoin, the bad if it's a scam, the bitcoin price may have dropped but it does not mean we're going to panic, because the time will come when the bitcoin will again increase.
newbie
Activity: 178
Merit: 0
March 31, 2018, 12:20:21 AM
Sometimes the bitcoin sellers do not because they see the market going down so they sell. Maybe they are borrowing money to invest in this market and the monthly interest they pay is too high. And the market goes down and lasts for many months, they are no longer able to sustain it and forced to sell.
member
Activity: 200
Merit: 11
March 31, 2018, 12:16:26 AM
I don't think so ,What if you really needed a money or Fiat and you only have bitcoin is it still a stupid decision?
It would only be a stupid decision if you know that it is still at a low price and you would sell it even if you don't need a Fiat.
member
Activity: 252
Merit: 17
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.
newbie
Activity: 26
Merit: 0
March 30, 2018, 11:56:59 PM
I can say for sure that there are some pre conceived notions based on which some experienced btcsians sell their stocks
full member
Activity: 360
Merit: 100
March 30, 2018, 07:09:49 AM
I think the bitcoin seller is not stupid. The current bitcoin value tends to decrease. They can sell bitcoin to avoid major damage. We can not predict the value of bitcoin in the future. so those who keep Bitcoin they face the risk of loss. But if the value of the bitcoin increases in the future, I'm sure they will become rich
full member
Activity: 462
Merit: 101
March 30, 2018, 06:48:12 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.  
actually it is strange if someone sells bitcoin because they feel panic, because they should already know the risks that will be faced if joining bitcoin, if they are able to be patient and hold for a while, then there are many possibilities of bitcoin price to rise again.
However, if someone decides to sell bitcoin because of panic, I do not think it's a stupid decision, because everyone would not want to suffer losses let alone loss money.
newbie
Activity: 50
Merit: 0
March 30, 2018, 06:27:27 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.  

This is only good news for us HODLers in the long run. We will loose weak hands and profit even more if we invest when prices drop just as they did right now. It's also good for the new firms (ICOs), since value in most cases rises along with bitcoin. This means new companies and gain a lot of money in a pretty short amount of time, preventing from so many ICOs closing their doors.

BR.
member
Activity: 200
Merit: 11
March 30, 2018, 06:18:54 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.  
Maybe it is one of the stupid decisions because just keep holding for it and sell it in case of emergency needs
Selling of the bitcoin and that too at time of dump is no doubt a very stupid idea and that this is the worst thing to do and the only result which you will then be having by doing so is losing of your very own money. You need to stay patient and that you need to keep on holding your bitcoins till the time you don’t see the market value getting much better and then go for selling.
newbie
Activity: 127
Merit: 0
March 29, 2018, 01:07:09 PM
If i known BTC will down trend i will sell it Cheesy
sr. member
Activity: 728
Merit: 250
March 29, 2018, 12:56:15 PM
I think now it's better to buy bitcoin and hodl it. Because prices will be growing up soon, at least I believe in it Wink So, keep calm!
sr. member
Activity: 584
Merit: 256
March 29, 2018, 12:22:29 PM
Not really that, if you need money badly then why don't you hold your Bitcoin for a long time. I think Bitcoin investment should be made with the idle money so that it doesn't necessary selling your Bitcoin even if you need money in a crisis moment,
If you think about the investment, then you have to hold Bitcoin for the future purpose. Basically, Bitcoin is a currency that should be used for the daily life but we are converting Bitcoin into an asset for the future purpose. after all, Bitcoin is a currency at the end of the day.
newbie
Activity: 150
Merit: 0
March 29, 2018, 12:09:11 PM
everyone has a different idea, maybe those who panic is just a beginner who does not know how cryptocurrency .. those who sell now will regret in the future because it will lose a lot of profit ..
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