If people bought BTC at a higher price, then instead of selling it a lower price, people can re buy it and average out their price. This way, once the price rises, they would be minimizing their losses. It is a general phenomenon to panic once you see your investments going super low and that does instill a sense of fear in the person. Overcoming that aspect of the personality is the major challenge and if successful, you can make lot of money out of this market.
I wouldn't call selling bitcoin a stupid decision, since it boils down to an individual and the personality. If a person bought BTC at 1000$ and it rose till 14k, but then came down to 8k, he is still making a profit of 7k and that isn't stupid.
Topic: selling bitcoin is a stupid decision ? - page 37. (Read 2479 times)
opinions are different, if you take the forecast of experts that bitcoin will return to its original value, then sell it is not a stupid decision
Actually, it depends. If their decision is based on research, I think it is not stupid since they have back up information on why they chose to sell. We all have our own techniques or styles in investing and we should just resepect each other's decision.
Yes I also agree with your statement that selling bitcoin is a stupid decision as they know it has huge potential to rise in future but they are selling in panic. It is all because of lack of experience and knowledge of bitcoin. Those who are aware of btc potential they are not selling they are holding there bitcoin and its a good chance to buy btc at low price.
the market is currently unstable if it has better bitcoin in store it first wait for the market price back to normal as usual because bitcoin will not go far but will return as before.
The people who started selling after selling small drops should actually exit from bitcoins. They result in lot of volatility in prices.
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.
To be honest it is not stupid thing to do if you are in complete loss and there is no way to recover your loss over very long period of time. In such case I think we should wait little bit, try to reduce the loss as much as we could and sell it the bitcoin immediately. See, bitcoin prices are ever growing and I agree upon that a lot but sometimes we do have to choose from hard decisions and soft corners while making good trade. Holding has got good power but not for everyone as not everyone can bear the huge losses all the time. The wise decision would be to sell them and later buy them after they drop below that pint and start over.
yes
its a saying after every dark night there is always a bright day...to every fall there is a rise...
the fall of bitcoin is temporary moreover, its time to buy not to sell. Predictions are out that bitcoin
shall rise to 500k-100k somewhere around 2020.so selling is not a right decision for now. Collect as
much you can, wait for the rise time and earn to the fullest. LUCK*
its a saying after every dark night there is always a bright day...to every fall there is a rise...
the fall of bitcoin is temporary moreover, its time to buy not to sell. Predictions are out that bitcoin
shall rise to 500k-100k somewhere around 2020.so selling is not a right decision for now. Collect as
much you can, wait for the rise time and earn to the fullest. LUCK*
I strongly say yes to that. Selling Bitcoin because the price is dropping is not a good idea Bitcoin dropping in price is to enable you to buy and sell it when the price is high, so there is no need to panic when the price is low, all you have to do is to hod it till when ever the price go high again
Sometimes selling bitcoin is smart movement that we know tomorrow the price is so bad, so you can buy again after price dump
Bitcoin fluctuations are normal. You have the freedom to hold or sell your bitcoin. If you feel that the value will drop, you can decide whether you sell it. But if you have the patience to hold it and wait for the value to rise up again, do it. Selling your bitcoin is not a stupid decision. But fluctuations are temporary, bitcoin is forever. You have the choice to hold it or sell it.
Yeah, it’s a stupid decision if a certain btc investor sells all his btc investment even just experiencing a small drop. A true succesfull investor should have the strong determination with whatever trials he may face in investments. Theres no shortcut in investments may it be crypto or fiat currencies. If there is then it should be a form of gambling. We invest since we know the risk of what we are entering that maybe its not full percent successful.
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 do not see in this month there's a big downturn, tending to $ 9k and down $ 8k, and it's been going on for weeks. so what to be afraid of with this kind of situation?
yes I agree with you. nowadays is an opportunity to buy bitcoin at a fairly cheap price from the previous value.
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 in loss is certainly a bad decision. Everyone is making profit with bitcoin and if someone wants to leave with a sad story it is funny.
Sometimes selling bitcoin is smart movement that we know tomorrow the price is so bad, so you can buy again after price dump
When you look at the past of bitcoin, you can say selling under 12thosuand dollars was a stupid decision. So until now, the best point to sell bitcoin was when it was on the all time high at 19thousand. But the other problem is, that you never know when a coin is on the all time high. So untill the past weeks, everybody who buyed bitcoin, could make a good amount of profit. But im sure, the time will come back when bitcoin starts a bullrun, and end of the year, we will see a new all time high and everbody will be happy 
No one can predict whether Bitcoin will rise or fall in the next second. It can only be said that there will be a large probability that it will rise. This is just a guess as to why selling Bitcoin is a stupid decision if Bitcoin continues. Falling, then he is a wise decision, isn't it?
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 really sad to know that those people are not trusting and believing to the ability and capability of bitcoin that's why they felt nervous and do panic. Just need to keep to our mind that in this field there is always a certain risk that we need to conquer. Do panic selling of bitcoin may result a huge losses for us and to avoid this we need to have a positive and presence of mind and right strategy that can be result for a successful investment.
Now the market price is not suitable for the sale of BTC, because in the past year the price of the calculation, the current price already very cheap, this time with extra money can buy some, when the bull market to, I reckon BTC at least $20000 a.
Don't sell when the market is down. It's foolish to do so.
Don't sell when the market is down. It's foolish to do so.
Some investors are just starters, they do not know much about how market works and they aren't fully prepared in taking risk in investing. We also need to understand those people. Don't be bad to them.
There can also be a case when investors are investing in short terms only please do consider that.
There can also be a case when investors are investing in short terms only please do consider that.
Selling is not actually stupid, because by selling you can maximize the uses of bitcoin and you can also make your profit circle around your fingers, and actually having a stagnant investment is quite bad because the market is not functioning quite well because of the holders.
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