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Topic: selling bitcoin is a stupid decision ? - page 30. (Read 2479 times)

member
Activity: 120
Merit: 14
March 27, 2018, 10:50:05 PM
Indeed,with the decline in the price of bitcoin is now able to provide an opportunity for someone to buy it.For the problem of profit or loss must be received wisely and definitely you need worry about bitcoin price movement every time.
There are still too many scarred by the crash without mass exuberance to counteract it. Until we are free from the"BULL MARKET COMING" messages and until despair and hopelessness saturates the market, we will not see any definitive upwards momentum. We need a clean wipe of any non true hodlers. Determining what price that is is the hard part. Hodlers who choose their cost average prices wisely with small % strikes at these buy in points are the real winners. If you have no capital on the sideline then you will no longer be a true hodler if you keep checking the price... you will wilt. I will make money and I will be rich because I choose to and I will not give in to emotion and I will buy a little here and little if/when it goes lower. The choice is yours.
full member
Activity: 602
Merit: 100
DeFixy.com - The future of Decentralization
March 27, 2018, 10:19:39 PM
Indeed,with the decline in the price of bitcoin is now able to provide an opportunity for someone to buy it.For the problem of profit or loss must be received wisely and definitely you need worry about bitcoin price movement every time.
newbie
Activity: 210
Merit: 0
March 27, 2018, 06:53:29 PM
Yes, I think that selling right now just does not make sense because nothing changes and the price is still going down, right now only if you buy, but do not sell for sure.
full member
Activity: 420
Merit: 102
March 27, 2018, 06:51:37 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.  
It’s not definitely stupid when someone are selling bitcoin right now. We all know that it’s hard to predict exactly who the cryptocurrency market fluctuates, it is notoriously volatile, therefore sometimes someone sell bitcoin is the best choice. Moreover, it depends much on the situation of everyone, they maybe sell now and then buy with lower value, it’s really normal. Through bitcoin volatility, it drives many people crazy, but I advise all of us to keep patient and keep calm. Because bitcoin price fluctuates currently, it’s going down and also increased immediately. Therefore, all we need to do right now is holding it, it’s less of risky than selling
sr. member
Activity: 1232
Merit: 250
March 27, 2018, 02:04:24 PM
I also think that there is nothing more dumb than selling Bitcoin, especially now. Now is the best time to buy. Those who are thinking now buy Bitcoin need to understand that, perhaps, such an investment is not for one year. But to sell Bitcoin at the lowest prices of recent months, I think it's a crime against your own purse.

I think, it not dumb. People will and have to sell according to needs. If you see the current trend its going down gradually. Personally, I thought I won't sell at $10,000 even I knew I needed to after 1-2 weeks, but see it went down to $8000. So even if its investment and if you need money selling is not a dumb decision sometimes, atleast in crypto market its completely not.
jr. member
Activity: 266
Merit: 1
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
March 27, 2018, 11:21:49 AM
I don't think all are selling their bitcoins just because of the news of its price fall. Bitcoin is a means of exchange to our fiats. So, basically, when I need to sell my tokens, I get to exchange it to bitcoin and then to my fiat value. I might not necessarily be interested more in Bitcoin HODL; it is my personal conviction.
full member
Activity: 644
Merit: 101
Ecowatt.io
March 27, 2018, 11:15:30 AM
I also think that there is nothing more dumb than selling Bitcoin, especially now. Now is the best time to buy. Those who are thinking now buy Bitcoin need to understand that, perhaps, such an investment is not for one year. But to sell Bitcoin at the lowest prices of recent months, I think it's a crime against your own purse.
sr. member
Activity: 357
Merit: 250
March 27, 2018, 10:33:14 AM
Selling bitcoins is not always a stupid decision , yes if done in panic that bitcoins may lose its value due to constantly decreasing value  then it is a stupid act.
Bitcoins are a form of asset for most of the investors , not everyone use them as a currency for exchange.
For making maximum profit one needs to hold bitcoins and sell them on appropriate time and value , so we can see that selling bitcoins is equally important as buying them and it all varies according to the time and fluctuations of the value.
newbie
Activity: 278
Merit: 0
March 26, 2018, 10:01:56 PM
I do not think it is a stupid decision, since it will depend on the economic needs of the investor. However, I think that selling bitcoin is a bad decision, since it is a high return asset in the short term, which is very difficult to compete with another type of investment.
full member
Activity: 294
Merit: 105
March 26, 2018, 09:50:29 PM
No not at all. Each one of us has its own reason. Maybe the person cant hold on any longer because prices are dropping from time to time thats why he or she is selling their bitcoin. You know when you join bitcoin you are toltslky aware of all the risk you might be facing along the way. Letting go of it is not stupidity its all about the timing. Dont let all of it hold some and make a profit out of it. Bitcoin will bounce back real soon.
No I do not think that selling bitcoin is a stupid decision.Everyone has different reasons that why they want to sell their bitcoins.But the sole reason is to earn money.Other reasons maybe that people must have thought that the prices will decrease so they thought of selling their bitcoins.Since the value of bitcoin is also very volatile we cannot say that where will the price go and if the price will fall they will suffer from loses.
True. Each of us has a reason. Its business, when you sell you will still earn. Maybe they got better idea after selling their bitcoin. There are so many cryptos to choose not only bitcoin exist in this virtual world. Oh well, if people will sell it, then its none of our business.
full member
Activity: 1260
Merit: 100
March 26, 2018, 08:11:09 PM
panic selling surely won't lead you to anything profit. You will loss if you sell your coins at low price.
Most peoples think if the price falling, they must sell it before it goes to zero. i believe bitcoin and crypto never go to zero.
sr. member
Activity: 658
Merit: 250
March 26, 2018, 06:06:28 PM
Sometimes selling bitcoin is smart movement that we know tomorrow the price is so bad, so you can buy again after price dump
That's a pretty effective strategy. Sometimes selling a bitcoin is a smart choice. No one knows how much bad the future holds for FUD. They have the right to sell their property if they think it is the right thing to do. I do not want to judge their decision.
Yeah it is the good of the bitcoin that we can use it whenever we want to use, but it should be not because you are worry about the future of bitcoin but it is good to make this choice for your own needs only. Before selling bitcoin is the very good to be wise and let the market be very high again, once bitcoin price fell down then it use to rise for sure as bitcoin has very high potential so it is not very good to sell your bitcoin right now because day by day bitcoin is being expensive.
I think there are so many situation that we may face. And selling bitcoin is really depend on that situation if we face a big financial problem we can really sell bitcoin  for good. Selling with purpose is not stupid idea but if we sell it without reason maybe that is a bad idea.
member
Activity: 208
Merit: 10
March 26, 2018, 06:05:46 PM
If you sell bitcoin when price down rise, it's not a wise decision bcos you will lost money
I agree with you but I think who will sell bitcoin at low price right? Maybe buy bitcoin but sell it at low price? That's not a good idea. I probably wait until price gets high.
member
Activity: 112
Merit: 12
March 26, 2018, 06:01:11 PM
Of course, this is the absolutely stupid decision! Because in April you will see growing up of the bitcoin price!! I think so))
member
Activity: 448
Merit: 10
March 26, 2018, 05:48:22 PM
Sometimes selling bitcoin is smart movement that we know tomorrow the price is so bad, so you can buy again after price dump
That's a pretty effective strategy. Sometimes selling a bitcoin is a smart choice. No one knows how much bad the future holds for FUD. They have the right to sell their property if they think it is the right thing to do. I do not want to judge their decision.
Yeah it is the good of the bitcoin that we can use it whenever we want to use, but it should be not because you are worry about the future of bitcoin but it is good to make this choice for your own needs only. Before selling bitcoin is the very good to be wise and let the market be very high again, once bitcoin price fell down then it use to rise for sure as bitcoin has very high potential so it is not very good to sell your bitcoin right now because day by day bitcoin is being expensive.
member
Activity: 195
Merit: 10
March 26, 2018, 05:47:23 PM
According to the rules for successful trading, its not always all the time that you have to hold your bitcoins. When you have the experience to realize that the price will soon fall, that is the time for to sell, so that you will have the opportunity to buy more if the price actually falls.
full member
Activity: 616
Merit: 100
www.jacs.tech
March 26, 2018, 05:46:08 PM
because the price of fluctuating bitcoin makes everyone who holds it impatient to see the price is getting down from the previous price but I am sure who hold will feel the goodness and benefits to be achieved in the end of this year
full member
Activity: 554
Merit: 100
March 26, 2018, 05:43:05 PM
But i think even they sell their coins they are also lose they money because of they bought in the high value but they sell in the low value so that they also lose. They always panicking, and worrying about  dropping value but they didn't know that the dropping is not to long and not permanent so that don't panic but hold and invest.
full member
Activity: 252
Merit: 100
March 26, 2018, 05:41:18 PM
yes im agree with you, This is the opportunity to buy bitcoin because the price is dropping. it is the best too hold your bitcoin for a longterm but if you have a family or emergency cases you don't have a choice to sell your bitcoin.
newbie
Activity: 182
Merit: 0
March 26, 2018, 05:37:24 PM
yes I guess they panicked with the price dropped so significantly, they do not understand that it is one of the risks of playing bitcoin. Suppose they knew it was a natural thing to be sure they regretted having sold their bitcoin in a hurry and feared if it was a loss. They do not know that the price will rise again. It's so common in bitcoin the price can go up and get down, my suggestion is still calm and controlled. Cool
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