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Topic: selling bitcoin is a stupid decision ? - page 29. (Read 2479 times)

full member
Activity: 378
Merit: 125
March 29, 2018, 12:00:49 PM
maybe now is not the right time to sell bitcoin because price in a negative condition. but if you are forced to sell it because to meet the daily needs, I suggest do not sell all your coins. and the decision to sell coins is not a foolish decision because you need money.
full member
Activity: 560
Merit: 100
March 29, 2018, 11:59:29 AM

If you love the thrill and the desire for profit, you can go to the margin with a shoulder, get up short, the correction is not completed, and if you do not seek to quickly take the money and leave, then I would not advise you to sell, it can be specifically squeezed the market, trampling road to institutional investors, then we will see a huge green candle
newbie
Activity: 196
Merit: 0
March 29, 2018, 11:49:35 AM
It is usual when newbie org beginners started to invest on something, when the value are decreasing they will sell it right away. They haven't educated well before, that there is a possibility of value increasing.
i don't think so selling off bitcoin is a wrong decision because when you will buy bitcoin with low price then you can sell it with high  price and it can make your money double.
newbie
Activity: 238
Merit: 0
March 29, 2018, 11:41:33 AM
Not always depend on when you relly sell the coins. if you sell coin when market is on downward trend & buy at upward market trend.. then its good decision
copper member
Activity: 455
Merit: 0
March 29, 2018, 11:38:00 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.  

Yes, you are right. bitcoin can still increase in value, this year is not the time for bitcoin to die, but bitcoin can still improve and increase its value. Selling bitcoin today is a stupid fool.
copper member
Activity: 266
Merit: 10
FILIPINO TRANSLATOR
March 29, 2018, 11:33:41 AM
Just like the old saying said in the crypto space "you only lose when you sell". Quantity is more valuable the quality. Let it fluctuate, we are in the market where everything is fast so let's face it we can win or lose any time but if you believe in bitcoin then look and focus on the brighter side.
sr. member
Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
March 29, 2018, 11:30:43 AM
It is a pity to sell bitcoin at such a low price and make losses. But I don’t think selling bitcoin is a stupid decision, if there is a need to use money for important issues in life, there is no choice but to sell.
sr. member
Activity: 406
Merit: 253
March 29, 2018, 11:10:06 AM
It's so hard to tell how much of the price movement is organic vs massive manipulation. Let's hope that the logical speculation that there will be a massive inflow of institutional money will come true very soon. Once "they" have managed to drop the price to their optimised entry the flood gates will open!
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
March 29, 2018, 11:05:40 AM
I think so too, if we sell the bitcoin we have then we will get a very big loss because bitcoin price at the moment is very cheap. I am at the moment very afraid to sell bitcoin that I have because I do not want to lose. I prefer to keep the bitcoin I hold until the bitcoin price rises again.
newbie
Activity: 252
Merit: 0
March 29, 2018, 03:36:20 AM
I don't think selling bitcoin is a stupid decision. It's about when.

It is foolish to sell bitcoin at a time of low prices, and it is right to sell bitcoins when you make your own money.

Because our ultimate goal in investing in bitcoin is to make a profit.
sr. member
Activity: 630
Merit: 251
March 29, 2018, 03:33:17 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.  
Yeah, the risks in the crypo market never fades. These panic sellers lack the financial literacy to make decisions. Holding your coin whether the market is up or down gives you a potential asset that is very unique among others. They are discouraged easily because they want to earn the largest amount of profit as soon as possible but that doesn't work that way. The largest profit is acquired from waiting months or even years and at lucky times, it could be earn through the wisest decisions.
newbie
Activity: 143
Merit: 0
March 29, 2018, 03:32:58 AM
I do not think that is a stupid decision, I call it an unwise decision. Certainly a lot of beginners who make that decision. At the first time, I also panicked. It is reasonable because beginners do not have much experience. They will definitely learn from it.
full member
Activity: 816
Merit: 133
March 29, 2018, 03:20:21 AM
To start with, These people panicking are new to this industry. Well, we can't deny that a lot of people who are engaging in trading don't do their research whih in result they are easily been fooled by the FUDs. Though we can't blame them, It's there money that they waste. They thought that by engaging in this industry they could easily earn money.
full member
Activity: 566
Merit: 102
March 29, 2018, 02:42:57 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.  
Those who are doing panic selling must be influenced by the opponents of bitcoin, nothing else. They are unaccustomed to such hard decreases in the value of bitcoin so are afraid of losing their investments. They need some good guidance from the old players of the crypto market in order to cope with this situation in the most decent way. They need to understand that everything is volatile here.
newbie
Activity: 175
Merit: 0
March 28, 2018, 01:27:03 PM
It is usual when newbie org beginners started to invest on something, when the value are decreasing they will sell it right away. They haven't educated well before, that there is a possibility of value increasing.
full member
Activity: 490
Merit: 101
March 28, 2018, 01:24:32 PM
It is a relative and personal decision and I don't think people still want to hodl bitcoin as earlier before compared with now when there are more prospective coins available. So, stupid is relative I must say!
full member
Activity: 165
Merit: 100
March 28, 2018, 01:20:29 PM
Selling Bitcoin is bot stupid because Bitcoin is very scary because of the price move its going down so fast but going up too. You are very stupid if you didint hold Bitcoin like you bought Bitcoin for $8000 and you sell it on the price of $10000 within a week Thats the stupid ways becuase who is not holding Bitcoin will make you cry.
sr. member
Activity: 630
Merit: 251
March 28, 2018, 01:14:36 PM
Selling bitcoin is stupid, that is if you've bought for a higher price. It does make sense to sell now that the price is dropping, it's better to buy with the lower price. At this moment the price is dropping from more than 8K to below 8K, so it's a good opportunity to buy. In a few months the price will rise again, when Lightning Network makes transactions real fast and for almost nothing. At the end of 2018 the price will reach 30K.
Selling bitcoins aren’t stupid but yes in bad circumstances selling can be worst for you. Like if the prices are going down but you don’t have enough skills to control your mind and getting panicked you just started selling all what you have. This is seriously a jokers move on which one should be scolded. Because bitcoins aren’t easy to buy, so once bought, deal them with much sensitivity.
member
Activity: 523
Merit: 10
YOUC - https://www.youengine.io/
March 27, 2018, 11:50:06 PM
it is not that stupid. if you sell bitcoin and you still gain profit from it, why not ?
but if you want more earnings, it suggested that you should hold it for now because the current price is low on the market.
full member
Activity: 350
Merit: 107
March 27, 2018, 10:57:45 PM
Selling bitcoin all of a sudden very risky thing that you need to observed very carefully. Because if you buy bitcoin while price drops I am sure that your money was risked. And for people panic selling bitcoin is also risked their investment. For my opinion we need to thing 2 to 3x before sell our bitcoin or before buy. This time for me, Its better to buy and hold for a long day or months in order to earn money in the future.
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