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Topic: selling bitcoin is a stupid decision ? - page 39. (Read 2479 times)

hero member
Activity: 714
Merit: 500
March 25, 2018, 10:16:10 PM
#13
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.
newbie
Activity: 13
Merit: 0
March 25, 2018, 10:14:56 PM
#12
You can sell bitcoin when price uprise, it's a wise desicion you can get profit. If you sell.when down price it's unbelieveable.
newbie
Activity: 88
Merit: 0
March 25, 2018, 10:13:51 PM
#11
It's a shame that many people probably made a decision that they'll end up regretting, but I can at least sympathize with them to some extent. When you're in the moment, especially if you just got into this, it can definitely feel like the world is falling. I'm sure many people felt that they were "getting out while they still could".Personally, I got into this fully prepared for the possibility that I could lose it all, and honestly my life wouldn't change all that much even if I did. So I was pretty calm through the whole thing. But I know how easy it can be to make emotional decisions when a lot is on the line.
newbie
Activity: 58
Merit: 0
March 25, 2018, 10:12:29 PM
#10
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.  

Many people using bitcoin for the first time is having a negative thinking because its their first time to use it and they didnt know that if the bitcoin price decrease its a blessing for the other people because they can buy bitcoin, but for other people who buy high price is panicking because they think they lose some of their money.
hero member
Activity: 826
Merit: 501
March 25, 2018, 10:11:34 PM
#9
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.
member
Activity: 633
Merit: 11
March 25, 2018, 10:07:15 PM
#8
That is very risky thing that you need to observed very carefully. Because if you buy bitcoin while price drops I am sure that your money was risked. And for people panic selling bitcoin is also risked their investment. For my opinion we need to thing 2 to 3x before sell our bitcoin or before buy. This time for me, Its better to buy and hold for a long day or months.
newbie
Activity: 126
Merit: 0
March 25, 2018, 10:06:56 PM
#7
If you sell bitcoin when price down rise, it's not a wise decision bcos you will lost money
newbie
Activity: 10
Merit: 0
March 25, 2018, 10:05:35 PM
#6
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.  
You may not really blame them for selling because it all depends on the reason why they do so. Why holding on to bitcoin when you are having financial difficulties and it seems your coins is not doing well, for that reason some prefer to sell and buy back when it falls again because no one can be 100% sure of btc movement.
legendary
Activity: 2492
Merit: 1018
March 25, 2018, 10:01:21 PM
#5
Not everyone is seeing the drop of price as opportunity though even those who are trading a lot of it sees it as opportunity to profit which is why they sell their bitcoin. If you hold you hold it I guess you aren't aiming to profit small bucks at every higher highs in the chart. I'm also holding most of the time but those scalping is pretty much what those guys who you thought are panicking which making the price drop every time.
newbie
Activity: 252
Merit: 0
March 25, 2018, 10:01:01 PM
#4

If you follow the trade model like this, what can be a big profit.bisa back the capital has fared well.
In these market conditions, we have to buy action.
It's called suicide.
legendary
Activity: 2170
Merit: 1789
March 25, 2018, 09:56:09 PM
#3
This drop is temporary, even though it lasts several  months.

Many experts predict the price to go at 50-100k in the 2020.
These are times to buy, not to sell.

If the price drops now it is a blessing, i would take advantage of it by buying and waiting for the Big Rise 😎

If you do day trading, you can gain a lot of profits from its current volatility too. Buying and holding until 2020 seems to like an investor plan though.

For OP, not all selling is a stupid decision, if we sell it because of FUD/fake news then of course it is.
sr. member
Activity: 613
Merit: 305
March 25, 2018, 09:22:30 PM
#2
This drop is temporary, even though it lasts several  months.

Many experts predict the price to go at 50-100k in the 2020.
These are times to buy, not to sell.

If the price drops now it is a blessing, i would take advantage of it by buying and waiting for the Big Rise 😎
newbie
Activity: 33
Merit: 0
March 25, 2018, 06:08:13 PM
#1
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.  
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