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Topic: selling bitcoin is a stupid decision ? - page 36. (Read 2479 times)

member
Activity: 188
Merit: 10
March 26, 2018, 03:10:27 AM
#72
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.  

selling bitcoin is not actually a bad thing!It depends! like me I already gained and I don't wan't to loose more gains, that is why I sell most of my bitcoins then I am going to buy bitcoin again when I think that its price is at the bottom in that way I can earn more. But I believe that there are blessings on those who knows how to wait!
member
Activity: 280
Merit: 15
BookiePro.Fun - The World's Betting Exchange
March 26, 2018, 03:03:41 AM
#71
It's up to you if you want to sell BTC. I think that selling BTC is not a good idea, especially if you don't need cash right now. Bitcoin value is very likely to increase in the next few months because of more and more who become interested in Bitcoin. Bitcoin is a promising cryptocurrency. There are many cryptocurrencies which will become much more valuable.
full member
Activity: 532
Merit: 106
March 26, 2018, 02:58:25 AM
#70
No, it's up to you if you sell bitcoins because you're scared that it's still crashing down that the stupid decision. But if you sell because you really need money then it's not bad and you really need to sacrifice
hero member
Activity: 3010
Merit: 629
March 26, 2018, 02:45:41 AM
#69
No doubt its stupid if you bought your btc in peaked price and you will sell when in dips, but I think those who panic sell (specially newbies) are just weak investors who cant stand the falling price.

The market is volatile and the fluctuation of coins are normal hence we should wait for the prices to recover rather than stressing ourselves in the current price.
member
Activity: 365
Merit: 10
March 26, 2018, 02:31:54 AM
#68
It is really stupid if some people are selling to withdraw from participating in bitcoin trading. But we should also know that some people sell bitcoin to meet up with their daily needs not because of the fall in price. We should stop panicking about bitcoin because of fall n price which is normal but we must concentrate and be focus about trading or holding.
newbie
Activity: 232
Merit: 0
March 26, 2018, 02:24:04 AM
#67
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.  

when you buy BTC with lower price it's very nice, then if you want to sell them in higher price wait a days/month to sell Smiley selling bitcion is very good decision not a stupid Smiley
full member
Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
March 26, 2018, 02:08:16 AM
#66
I believe the price of bitcoin will soar high in a matter of time and I wouldn't advise anybody to sell.
The basis of trading is buying when there is a dump and selling when there is a pump in price of bitcoin. If we should understand this basis of trading, we'll realize that now is the best time to buy bitcoins. Buy bitcoins now and hold for some months and you'll be happy you bought bitcoins now.
However, most people do not want to hold for a long time as they believe that is an investor's plan, all they want is to make money quickly. To such group of people, I'd advise you practice day trading as that is the only way to trade successfully in this dump.
member
Activity: 909
Merit: 17
www.cd3d.app
March 26, 2018, 02:05:56 AM
#65
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.  

        Your right,if the bitcoin price drop it is a blessing and opportunity to buy more then hold if you want yo earn more profit. Selling is not a good descision in times of fluctuation. Price drop are normal scenario at the market place because crypto market is not stable and stability won't makes you to gain more profit.
full member
Activity: 159
Merit: 100
March 26, 2018, 01:59:37 AM
#64
I think BTC will have a very high value in the future (above 50K per coin) once adoption really starts. We need to see an expansion of wallet offerings and ease of use for newcomers. Ledgers and Trezors may seem easy to us, but to new people even using Coinbase is difficult and scary for them. The simpler it is to transact in it, and trade with it the faster that will happen.
newbie
Activity: 125
Merit: 0
March 26, 2018, 01:53:22 AM
#63
In this way, I don't think selling Bitcoin is a stupid thing. I will sell my bitcoin when the price is right. I don't pursue profit maximization.
sr. member
Activity: 638
Merit: 300
March 26, 2018, 01:47:05 AM
#62
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 totally agree with you. Joining bitcoin is taking risk. Inorder to earn you need to take risk but I am always telling this that don't sell you property or any valuable things to invest in cryptocurrency but rather invest only if you have extra money and if not join the bounty campaigns. But I still believe that bitcoin price will bounce again soon and if you will hold it long term you will earn more.
newbie
Activity: 28
Merit: 0
March 26, 2018, 01:41:57 AM
#61
it's time for buying more coin when th price go down; but if people need money and scare losing money, they sell anything they have
newbie
Activity: 126
Merit: 0
March 26, 2018, 01:29:29 AM
#60
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
newbie
Activity: 197
Merit: 0
March 26, 2018, 01:10:29 AM
#59
Unlike single-country currencies, bitcoin’s value isn’t tied to any one country’s economy. If the American economy tanks, the value of bitcoin won’t be directly affected by an economic downturn. In fact, bitcoin’s value might increase as more people turn to different solutions from stocks, bonds, and gold.
hero member
Activity: 658
Merit: 505
March 26, 2018, 01:06:33 AM
#58
Everyone makes the decisions for himself and has its own reasons.
It's stupid to sell if by doing that you will lose, if you don't have enough patienece to wait for the price to rise but if you have some justified reason it's another story. It can't be called stupid without knowing the background.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 26, 2018, 01:04:32 AM
#57
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 it is the most stupid decision ever if you did that before because bitcoin gave us lot of money in the long term investment but still people get panic and sell them for the temporary dumps,if you are wise enough buy the coins now and make more profits.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
March 26, 2018, 01:02:57 AM
#56
being panic indeed was bad because it will contributed to dump situations and make bitcoin price dropped and dropped again everyday but very unfortunate that some people are very fear if bitcoin price dropped they will experience more deep to lost and they decide to sold their bitcoin immediately but from now on people should be thinking that bitcoin will recover the price soon and this is only just a matter of time
full member
Activity: 462
Merit: 100
March 26, 2018, 01:00:09 AM
#55
Selling at a time when bitcoin prices are falling is a stupid decision, although now bitcoin is down, I think it's a natural thing, because bitcoin every year it must have decreased. better hold it first do not panic to sell it, because if too many, who sell it it will make, bitcoin prices are getting down.
full member
Activity: 404
Merit: 105
March 26, 2018, 12:57:54 AM
#54
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 afraid to take risk, theres no place in crypto currency for those weak hands. Its normal for a bitcoin value to go down. When the bitcoin value keep increasing last year, they are keep praising the bitcoin, but when bitcoin having a hard time, they can simply sell out their coins for fiat. If they cant handle bitcoins worst, then they dont deserves bitcoins best.
full member
Activity: 350
Merit: 100
March 26, 2018, 12:56:38 AM
#53
No every person is seeing the drop of cost as happenstance however even the individuals who are exchanging a great deal of it considers it to be chance to benefit which is the reason they offer their bitcoin. In the event that you hold you hold it I figure you aren't planning to benefit little bucks at each higher highs in the outline. I'm likewise holding more often than not yet those scalping is essentially what those folks who you thought are freezing which influencing the cost to drop without fail.
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