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Topic: Selling bitcoin is a stupid decision ? (Read 3402 times)

newbie
Activity: 88
Merit: 0
August 06, 2018, 07:19:08 PM
I am not going to be disrespectful, but I would not dare to sell my AML BitCoin at this moment. This coin is growing by the day, so I am going to wait until it reaches maturity.
full member
Activity: 756
Merit: 102
August 07, 2018, 05:01:20 AM

selling bitcoin will only be a stupid decision if ever you sell at a verry low price without really needing the money for important situations . but if ever you trully need the money , let say you wanted to pay for something because your own cash isnt enough , then i guess selling bitcoin at a low price is not really a bad decision but rather a good and smart decision to do . me myself always do that , i always sell my coins at any rate . whether it is low or high just because i do always need a cash to support my family .
member
Activity: 392
Merit: 39
August 07, 2018, 04:30:51 AM
I think so, it's stupid if we sell bitcoin now, I'm sure most of us buy bitcoin when the price is over $ 10k, if sell now of course is wrong because it must be a loss.
Everybody has a mind of their own and takes responsibility for their financial decision. I agree with those people above who advocate following your own trading plan and not letting others decide for you. Pujangga for instance clearly thinks that bitcoin will rise from here, but if it falls and I lose money following his advice and not selling, will he take responsibility? No. The responsibility will be all mine.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
August 06, 2018, 11:02:39 PM
All of us here in Crypto has a own decisions and different reasons why we sell Bitcoin,if you buy your Bitcoin in a cheap price and sell it in a high price that is a good decision, but if you need fiat and you want to sell your Bitcoin even you sell it in a cheap price and you lost half of your investment we cannot call you stupid because that is your own decisions.
newbie
Activity: 234
Merit: 0
August 06, 2018, 10:21:04 PM
Its an unwise discission to sell bitcoin now. What you don't know is that it can go up from here and it can also go down from here. It all depends the news that fuel it. You can't decide to sell of that soon
sr. member
Activity: 616
Merit: 262
August 06, 2018, 09:59:23 PM
There is no stupid decision, if you own your bitcoin then you have the right to do whatever with your bitcoin don't listen or do what others say you to do, it is your bitcoin so you decide how to do with it.

How can it be a stupid decision if you are just following your trading plan. What's stupid is letting others control you and act base on their own opinion. Do not be persuaded by others and letting them get to you. You know that there are so many people who will be trying to manipulate you because they wanted to take your coins so better be the captain of your own ship and decide for your own if you wanted to sell your coins or not. There are times when you need to sell so that you can take profit or just wanted to buy back when it is cheaper.
full member
Activity: 854
Merit: 108
August 06, 2018, 08:53:03 PM
If you Buy it low and sell it high then i think this is not a bad decision to make specially now that Bitcoin and the whole Crypto market are still in difficult right now. The most important thing in every investment is that we ensure that we are earning from out capital although small but with this current market performance then better to earn small than loosing big because of keep on holding.
jr. member
Activity: 270
Merit: 1
August 06, 2018, 08:30:49 PM
There is no stupid decision, if you own your bitcoin then you have the right to do whatever with your bitcoin don't listen or do what others say you to do, it is your bitcoin so you decide how to do with it.
hero member
Activity: 1568
Merit: 511
August 01, 2018, 11:04:07 AM
Nothing is stupid, regardless if you sell at profit or loss, you still gain something
which is the experience of exploring how blockchain works

From sending, tracing, receiving with the help of Blockchain
Although you might sell at loss, at least next time you would know when to buy or sell
legendary
Activity: 1526
Merit: 1001
August 01, 2018, 10:49:23 AM
Bitcoin is a very profitable investment. So actually if we can maintain the Bitcoin we have then the opportunity to achieve a much greater profits will be greater. So in essence this is an opportunity that we can get. Gain greater profits in a decision.
hero member
Activity: 2002
Merit: 516
August 01, 2018, 10:42:46 AM
I think so, it's stupid if we sell bitcoin now, I'm sure most of us buy bitcoin when the price is over $ 10k, if sell now of course is wrong because it must be a loss.

The sale of bitcoin would not be called a stupid decision. Everyone has their own strategy or is forced to sell by other factors. Selling even a small profit does not close the door to later back on the market.
full member
Activity: 518
Merit: 101
Selling bitcoin now is the option of what everyone knows his needs. I anyway preffer to hold now until price will get way more, maybe to 30k$ i will sell


Earning from what you are selling is not stupid at all. In fact, that's the main reason why we do crypto investment - to earn profit. But if you are into long term investment, then it's really better to hold your bitcoin as long as you can to earn a bigger profit when the right time comes.
full member
Activity: 363
Merit: 101
If the market is fixed to the end of last year, I will consider selling my Bitcoin, but certainly not now, as long as I have the patience to believe that I can get a good profit by the end of it.

Do not look for selling if you are in loss and if you are in profit then it is safe to sell but the current situations tell you something else if you try to perceive the market price and trends. The up going value of Bitcoin is stopping us from selling due to the possibilities of getting more profit in future as the value is on increase trend. Do not make stupid decisions otherwise these foolish decisions have eaten up many people.
jr. member
Activity: 112
Merit: 1
I don't trust you.every one enters into funding with a cause and if the reason is attained in the shortest viable time it the traders proper to opt out or retain. The problem i have is while the investor decide out knowing the potential of what he was into in advance.

member
Activity: 350
Merit: 11
Actually bitcoin is like others coin so its price can be high and low. So if people see that the price of bitcoin is high so they can sell. They can save something for the future also. There is nothing as stupid decision.


in the trade there are two things we must remember between selling and buying there is a risk there is also a profit and there is a loss, all oang would dare to buy a lot when the price is cheap and when expensive people are ready to sell, because the goal wants to earn profits.
member
Activity: 210
Merit: 40
Everyone has the reasons why to act on certain way so probably those who sell also have some reasons. Maybe they need fiat money or want to invest in something else.
I sell when I need to cover some financial problems but so far I never had sold because of I thought would lose with bitcoin or because I thought holding bitcoin is bad decision.
newbie
Activity: 80
Merit: 0
Selling bitcoin now is the option of what everyone knows his needs. I anyway preffer to hold now until price will get way more, maybe to 30k$ i will sell
jr. member
Activity: 82
Merit: 2
Selling bitcoin in a proper price is not a stupid decision. The stupid decision that you can do with bitcoin is that you can sell your bitcoin with a low price or during the dump of bitcoin. So u would rather advice you to learn some more strategies about trading so that you will become more effective.

Yes you are right it is not stupid to sell bitcoins in its proper price but the problem is, most of the traders in the market today are selling their coins due to panicking which makes them lose a huge amount of their investments and capital.
Although it is not the right time to sell bitcoin, but still I will not consider it as a stupid decision. Every person has their own choice and needs. But to me I think that it is expected that bitcoin price will start to increase very soon and we will see a very good increase in bitcoin price therefore I think we should hold our bitcoin instead of converting it into other fiat currency or to sell it for fiat.
full member
Activity: 448
Merit: 100
LETS GO ADAB
Selling bitcoin in a proper price is not a stupid decision. The stupid decision that you can do with bitcoin is that you can sell your bitcoin with a low price or during the dump of bitcoin. So u would rather advice you to learn some more strategies about trading so that you will become more effective.

Yes you are right it is not stupid to sell bitcoins in its proper price but the problem is, most of the traders in the market today are selling their coins due to panicking which makes them lose a huge amount of their investments and capital.
full member
Activity: 434
Merit: 105
ADAB ICO
Selling is not a stupid decision when a sell is already profitable, and that being a stupid decision is to sell in a panic moment. To earn a profit can be by selling at the moment there is a chance the price is more than the purchase price.

In my own opinion, it will be only a stupid decision depending on the market situation because you should always sell your coins when the market price is pumping and never let your emotions drag you down.
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