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Topic: selling bitcoin is a stupid decision ? - page 34. (Read 2479 times)

member
Activity: 224
Merit: 10
March 26, 2018, 09:30:57 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.  
No,selling bitcoin is not an stupid decission if it is an emergency needed for the family.what if you dont have enough moneyfor that emergency,you have to depts if you have much better solution to that problem.having a depts is an stupid decission than to sell bitcoin rather...for me I must say that its better to sell it if it is for our own good.
newbie
Activity: 43
Merit: 0
March 26, 2018, 09:14:06 AM
Of course, to sell bitcoins right now is stupid.on the contrary, I buy cryptocurrency.I'll be selling in at least a year.
newbie
Activity: 130
Merit: 0
March 26, 2018, 08:06:28 AM
True that selling bitcoin now is a stupid decision because you are selling at a loss and even if you take in profit it will be a much lesser profit and ROI than you would get when you sell in a bull market.
newbie
Activity: 91
Merit: 0
March 26, 2018, 07:59:54 AM
Don't sell your bitcoins in a bull market. You are just setting yourself up for losses and teeth gnashing when the market goes back up and prices go through the roof, then you would start pinching yourself for selling off your coins.
sr. member
Activity: 1638
Merit: 300
March 26, 2018, 07:27:31 AM
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.

Though they are doing it wrong. Yes it is their own digital currency but as someone who knows to do it right, they must not sell their Bitcoin at the dip. I know some of them are selling since they needed the money, but it is still wrong since the more user sold their Bitcoin in the market, the more decrease will happen in the Bitcoin price.
newbie
Activity: 153
Merit: 0
March 26, 2018, 07:24:24 AM
Selling bitcoin is not a stupid decision. Bitcoin is a volatile asset. If you are not a trader, it is better not to sell the asset.
A stupid decision is investing money in something that you do not understand and asking strangers to dispose of your money.
In this business, its really important that you have to be patient. But its not really a stupid decision, in the dirat place i believe that before you invested you already knew the risks and cosequences behind it. Maybe some investors were forced to sell it because they badly needed the money and they cant wait more time for its rise.
full member
Activity: 347
Merit: 100
The Future Of Work
March 26, 2018, 07:23:24 AM
Selling bitcoin is not a stupid decision. Bitcoin is a volatile asset. If you are not a trader, it is better not to sell the asset.
A stupid decision is investing money in something that you do not understand and asking strangers to dispose of your money.
full member
Activity: 532
Merit: 101
March 26, 2018, 07:19:06 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.  
Of course you are right! Do not listen to those people who are panicking and selling their coins when prices go down. Behind the fall, growth always follows. We need only wait until the market is restored.
full member
Activity: 294
Merit: 104
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
March 26, 2018, 07:15:34 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.  

They are panic and manic. For nothing. Selling are for faint hearted.
member
Activity: 532
Merit: 15
March 26, 2018, 07:11:39 AM
the market is in a dip which is temporary. please have some patience.
newbie
Activity: 166
Merit: 0
March 26, 2018, 07:04:08 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.  
I don't see anything wrong in selling bitcoin,we are free to decide when to hold our investments.We hold the key for our success though we  are all saying that we need to hodl our coins but there are investor choose to have short term investments.They are the people who have less patience,if they sell in the sense that it is really needed for emergency purposes and not about Fuds or price votality that is very considerable.We all wanted here to profit and if someone prefer to sell their coins then they are the one responsible in their actions and as tgey  take risk on investing they probably know the strategy when to profit.
Yes, you're right. For me, I respected their decisions. They buy at high price and sell at low (basing on the status of bitcoin today). But its not good to have a loss in your investment. As we know bitcoin is only good for long term investment. If you can bear to hodl, the better. In making investments in bitcoin, you should invest only what you can afford to lose. So, dont worry about your investments and avoid panic in times like this. The longer  you can hodl, the great chances of gaining big profits.
newbie
Activity: 62
Merit: 0
March 26, 2018, 06:07:40 AM
The decline of several months earlier this year did make many people panic and sell their bitcoin even though many economists estimate that bitcoin could reach the highest price again in the future but it is only speculative in private. Fundamental factors are the ones that most affect the bitcoin price fluctuations on the market today and I suppose that those who sell the bitcoin are in doubt so they do not want to get any bigger losses when the downtrend is in progress.
member
Activity: 398
Merit: 10
March 26, 2018, 06:06:10 AM
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.
member
Activity: 308
Merit: 10
March 26, 2018, 06:05:04 AM
#99
I think not to sell bitcoin now. At present, bitcoin is decreasing at a rate of 2.3% (very small reduction rate). This is a good time to buy more bitcoins to wait for the opportunity to sell and make a big profit. If you sell, it is a wrong decision right now. You should be smart in business, patient and wait.
member
Activity: 252
Merit: 10
March 26, 2018, 06:03:55 AM
#98
I think that bitcoin does not just fall so much, but because most likely those who developed bitcoin and manage finances decided to play a cruel joke or good to buy so far lower in cost.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
March 26, 2018, 05:59:42 AM
#97
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.  
They will never understand that if bitcoin's price is dropping that's the best time for them to sell and this is the reason why they keep on complaining that they might lose money.

This isn't new in the market and even in the forum. Most of those people who bought during the time when bitcoin is quite high, they all want to see their profits quickly or their mindset is that when they invested to bitcoin that will automatically give them profit.
legendary
Activity: 2702
Merit: 3045
Top Crypto Casino
March 26, 2018, 05:58:11 AM
#96
Let them sell, we will buy, never miss such opportunity.
People are freaking out and panicking because prices are going down, they are not sure if it will rise again.
Also some people bought at lower price than now, so selling is not always a bad choice. Some others have to pay bills, they have no other choice but selling.
member
Activity: 504
Merit: 10
ONe Social Network.
March 26, 2018, 05:57:21 AM
#95
Its not very advisable to sell BTC especially now that the market prices are on its all time low, you will only make losses, however when the market recovers and the prices improve, it wont be such a bad idea to sell, as there will be high returns involved
jr. member
Activity: 96
Merit: 1
March 26, 2018, 05:55:57 AM
#94
Selling bitcoin when price is law it’s not a good idea but some people sell it to buy more even lower prices so with the same money they can buy more bitcoin
member
Activity: 308
Merit: 14
March 26, 2018, 05:49:53 AM
#93
Selling bitcoin because price is going down or panick is ignorant,, every true bitcoin investor know when to invest and when to sell, the ideal is you buy low and sell high  ⚡️, no panick selling, and if you are not in any financial pressure dont selling your bitcoin bellow your capital.
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