selling bitcoin is a stupid decision ? - page 38.

imstillthebest

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Quote from: Eureka_07 on March 25, 2018, 11:18:03 PM

Quote from: popping on March 25, 2018, 06:08:13 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.

Yes. You are right when you said there's no need to panic because bitcoin is volatile and it is normal for it to pump and dump in the market. But selling bitcoin is not a stupid decision especially when it is an emergency and you need to have fiat money for financial assistance. What it makes it stupid is when you sell and spend your bitcoin for nothing like things that you do not need but you want.

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why sell if you dont want it? of course people sell because they need the money And that is also the reason on why most people do always panic sell and they dont really mind it if the current value of bitcoin is decreasing or not. so overall selling bitcoin is not really a stupid decision as long as you have a purpose or a valid reason on why would you sell it. however , hodling is still more beneficial because you do help both yourself and other bitcoin users to earn and raise the value of bitcoin.

parassinghal

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A BLOCKCHAIN SOLUTION TO DISRUPT TRADE FINANCE

This type of ups and downs are very common in investment. Right now the price is low but this price is just temporary period and can last for several months too. but it will definitely increase after sometime, so yes its a stupid decision to sell bitcoin now.

Theyasirahmad

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selling bitcoin in loss is stupidity, bitcoin is facing fluctuation regularly because of new user holding bitcoin for long term will definitely make you profit the on requirement is patience

sangtuosimino

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My understanding is that it would be stupid to sell bitcoin at this time. This time should not be like those who panic, it will be a good time to buy, and bitcoin will come back after it has been amended. Of course, this is just about buying bitcoins, and it would be very unwise to buy another altcoin at this time.

Eureka_07

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Quote from: popping on March 25, 2018, 06:08:13 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.

Yes. You are right when you said there's no need to panic because bitcoin is volatile and it is normal for it to pump and dump in the market. But selling bitcoin is not a stupid decision especially when it is an emergency and you need to have fiat money for financial assistance. What it makes it stupid is when you sell and spend your bitcoin for nothing like things that you do not need but you want.

Chaki

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Right now yes it is, especially when they bought their bitcoin during its peak season, that why everyone is advising everybody to hold still to avoid losses.

sadwage

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Quote from: popping on March 25, 2018, 06:08:13 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.

Yeah your right it is the best time to buy bitcoin because bitcoin down the price in the market and if its the price will pump up again its really profitable for long term investment so keep hodl your bitcoin and wait to big surprise..

Klepon123

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We can not turn on every hour the bitcoin value is down and we sell it. I think we can not do a little better than that, we just need to invest first and wait for the value of bitcoin to go up, then we sell the bitcoin. Do not panic and sell bitcoin if you do not want to regret when bitcoin value in the future will rise.

sicnarfkswiss

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When bitcoin drops its the time to buy bitcoin because when the price goes up again then congrats the profit is good, we cant blame others for selling their btc if the price drops maybe its all that they have,, We should not be worried if they keep on selling because others were keep on buying also.. so let them be.

Manoharachan

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Panic selling is not good, but usually people sell it sometimes they expect to buy again at a lower price to get a chance when the price is really down.

abelmon66

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People who panic sell and they do not have time to buy at low prices again, we can be sure they have regrets for losing their money, we should be patient or we buy the price when it comes down again, it gets better.

wanted sliter

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That is their right. I think the downside factor for bitcoin is the sale of large amounts of bitcoin. We call it sharks, whales. They sell and make the market go down.

ismelda_ita

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I think the decrease of bitcoin at the moment is a natural thing. because every year there will be a decline in prices, and now most of the price decline is due to the many negative issues about bitcoin and cryptocurrency. but I'm sure the price will go back up and even higher than the previous value.

dogz12

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Quote from: popping on March 25, 2018, 06:08:13 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.

Low prices is a blessing to others because they see it as an opportunity to buy and we can not blame others for selling their coins when prices are low because of fear that the downfall trend will continue and it is a way for them to cut their losses.

sagybtc

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Not all time.
You have to set some Target's of Profite if you are traders.
Even you should know what is Right entry and exit of bitcoin so you can gain good profit.
Watch the trend's buy in dip and sell on high.good luck

Jendral Istimewa

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Quote from: popping on March 25, 2018, 06:08:13 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.

do not you say stupid to someone who sells bitcoin at the moment. everyone is entitled to determine the steps they take because they are already thinking about it and preparing a new plan. although now is the right time to buy bitcoin and stack it.

Ausgewielt

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Quote from: shamzblueworld on March 25, 2018, 10:16:10 PM

Well it all depends upon the situation a person is in, if for example a person is an exchanger or trader, he might be selling now so he could buy more when the price gets lower, that isn't stupid.
But selling due to panicking and getting a loss in your investment, that surely isn't smart. Especially when everyone knows that Crypto's are vulnerable and fluctuate like this all the time, and bitcoin especially is bound to go higher in time. So it would be better to keep hodling.

I think so, for skilled traders who have strategy then it's not always a bad decision. This can be pretended as opportunity selling which purposed to get better possition of bitcoin investment. But if it's purposed to stop invest in bitcoin that that is stupid decision. A lot of opportunity in bitcoin investment. The current market condition is normal, bitcoin market is not always negative. My advice for begginers is don't sell when bitcoin price fall, holding bitcoin is always works.

Whibu

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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.

maianh09

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It is the crypto market every decision can become stupid. Do not try to turn yourself into FOMOer when the market goes up and become FUDer when the market goes down. Become scared and sell all that is thinking of stupid.

tianok21

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Quote from: popping on March 25, 2018, 06:08:13 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.

If you panic you will make a bad decision, right!. Fluctuation of bitcoin price is normal and it is good blessing to us once the price of bitcoin going down because we are giving chance to buy some bitcoin is lowest price.

Selling bitcoin right now is not good idea because you are losing profit once you sell it in low price instead the perception of bitcoin price fluctuation is positive because you can add or buy some bitcoin to your investment and in the future once the value of bitcoin return to price hike you will earn huge profit.

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