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Topic: selling bitcoin is a stupid decision ? - page 32. (Read 2479 times)

jr. member
Activity: 420
Merit: 1
March 26, 2018, 01:07:04 PM
It depends upon the situation, When bitcoin drop in a lower price its a good time to invest, when bitcoin price goes up, it's is good to sell it.
newbie
Activity: 25
Merit: 0
March 26, 2018, 01:06:50 PM
At this time selling bitcoin is a bad decision. Many people are getting panic due to continue fall in the price of bitcoin. But they should have patience because before ending of 2018 it will give max. Returns.
newbie
Activity: 27
Merit: 0
March 26, 2018, 01:00:14 PM
I,m almost new in this forum so as per my knowledge I just want to tell that right now selling bitcoin is the most stupid thing to do.Many expert are predicting that btc will cross 30k usd in this year
newbie
Activity: 152
Merit: 0
March 26, 2018, 12:53:51 PM
You're right, we should not sell bitcoin when the price goes down, and it'll be a blessing if we buy bitcoin again, because it's an opportunity..
full member
Activity: 392
Merit: 105
Money Token
March 26, 2018, 12:51:10 PM
I think it depends. If you really needed to sell it because of emergency purposes then its okay, but if you just want to sell it because you are afraid to loose more and you bought it from  $15K+ then I think selling bitcoin at this time a stupid decision.
sr. member
Activity: 623
Merit: 251
March 26, 2018, 12:45:28 PM
Maybe they sell their bitcoins because they are afraid of losing more. We can't blame them for this. It's their decision. They may lack of confidence to  the future of bitcoin,  or they get affected by bad news of bitcoin which appearing in the environment. Thus,  they got panic, and immediately sold theirs.
full member
Activity: 420
Merit: 110
March 26, 2018, 12:41:46 PM
Selling bitcoin isn't always stupid decision if you plan to buy it later too. I have a friend of mine who is really good at trading. In just last few months he has been able to triplicate his btc in this bearish market while I have just been able to hodl btc and lost a lot if we see in terms of fiat. So selling isnt always a stupid decision if you want to take profit from the waves of the market.
newbie
Activity: 98
Merit: 0
March 26, 2018, 12:38:59 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.  
Everyone has their own investment options, and I don't think selling bitcoin is stupid. Now the price of bitcoin continues to fall, and if you choose to sell when it's just falling, you'll lose more. We can buy it again after the bitcoin has fallen a lot.
copper member
Activity: 658
Merit: 284
March 26, 2018, 12:32:48 PM
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. Since the beginning of this year, the bitcoin is going through many market corrections one after other that is why many people are panic now.
HOLDing is going to be the best idea but not everybody is willing to take that risk.
newbie
Activity: 196
Merit: 0
March 26, 2018, 12:11:28 PM
That is the problem of many investors. Psychology influenced from many aspects and any information from the media have the opposite reaction in each person's perception. they can regret it. But there will be no perfection in the crypto market. The important issue is the investment consciousness.

no selling and buying a avery good source of income and alot of epol they are doing this business i,m also doing this business and i'm taking a very good profit from it you just need to play here a very carefully.
hero member
Activity: 868
Merit: 535
March 26, 2018, 12:07:04 PM
Selling Bitcoin is not necessarily a stupid decision because it is always ideal to sell when you have already profited out of your initial investment. Investors are not expected to hold for a long time especially when it concerns investments that are too volatile. Otherwise stated, some are just in it to realize easy money then opt out when situations are better. And yes, you may say it is in likelihood to pump and dump. Anyway there is nothing wrong with it because verily, Bitcoin now has become an asset that is too sensitive if held for too long. Likewise, investors cannot be compelled to hold for a particular length of time. Smaller margins are better in this case.
jr. member
Activity: 182
Merit: 4
March 26, 2018, 12:02:12 PM
That is the problem of many investors. Psychology influenced from many aspects and any information from the media have the opposite reaction in each person's perception. they can regret it. But there will be no perfection in the crypto market. The important issue is the investment consciousness.


I agree that some of the bitcoin holder's are now panicking its because bitcoin dropped every hour and they think they might lose their money because of that. And it's a bad idea there's no need to panic because when bitcoin dropped as its lowest price its a blessing and it is the right time to buy more Bitcoin in cheap price . I'm joining in CRYPTO CURRENCY WORLD, knowing that the risk are should be face , and  its a risk when you holding bitcoin.
newbie
Activity: 111
Merit: 0
March 26, 2018, 11:54:03 AM
That is the problem of many investors. Psychology influenced from many aspects and any information from the media have the opposite reaction in each person's perception. they can regret it. But there will be no perfection in the crypto market. The important issue is the investment consciousness.
newbie
Activity: 251
Merit: 0
March 26, 2018, 11:47:52 AM
Selling bitcoin is not stupid at all. But panic selling is definitely stupid. People want to make big gains and the only way to do that is to risk more (typically more than they should).
sr. member
Activity: 1792
Merit: 264
March 26, 2018, 11:34:57 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.  
before being able to jump in the field of cryptocurrency should know what risks we can face. basically the value of cryptocurrency fluctuates, we can benefit by selling the coins we have at the time the market price has increased. and vice versa, we can lose the money we invest if we panic because the market trend continues to decline so fear the price will increasingly plummeted by making a decision to sell all the coins we have. things we need to do to minimize losses in this field by understanding the basics we know, and convincing ourselves before we can get into the field of cryptocurrency.
full member
Activity: 630
Merit: 102
March 26, 2018, 11:21:25 AM
People who in  crypto world newly paniced. But you look at the legendary. They do not panic!!! Although they have a lot of bitcoins. So make the conclusions yourself.
member
Activity: 126
Merit: 10
March 26, 2018, 11:13:57 AM
I'm on the contrary now buying bitcoin and many other altkoins, one of these altcoyins was the company Gamblitsa, these guys are engaged in creating an online casino for blocking technology, and this will mean only that they will not be able to deceive their customers and will win that whose luck will be on his side
full member
Activity: 426
Merit: 100
March 26, 2018, 11:09:24 AM
Due to the increase in the number of bitcoin applications, its usefulness will also grow. If you consider bitcoin an asset - hold it. If you are a short-term trader, sell it immediately. If you use bitcoin as money, keep doing it. Bitcoin has been around for quite some time and has earned a certain place in the financial system. Yes, it probably does not take such a large part of the system, but it's quite an interesting commodity, asset, cash, currency, or whatever else it's called.
newbie
Activity: 8
Merit: 0
March 26, 2018, 11:03:03 AM
It is a complicated issue. On the one hand, I keep saying to myself that I should not sell my coins and wait for the future. On the other hand, I read negative reports - such as the most recent one by Allianz stating that Bitcoin is a 'textbook-like' bubble. And I feel tempted to sell my stuff immediately.
member
Activity: 200
Merit: 10
March 26, 2018, 11:02:48 AM
Selling bitcoin is not stupidity as long as it is worthy to sell that ofcourse it is earning and profiting. In could only be stupid if it sells at a lower price and invested first at higher a price value. It is very annoying that somebody engaged at it. Before investing at cryptocurrency i prefer to study first all about cryptocurrency, research widely how crypto coins works and performs at the market. Bitcoin is profitable, trust + invest at a lower price + hodl = huge wave of earnings!
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