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Topic: Selling bitcoin is a stupid decision ? - page 18. (Read 3402 times)

full member
Activity: 429
Merit: 100
If it is due to panic, it would be a dumb decision to make but if it's because of urgency, I think it is not a stupid decision. We are all on different situations. Going back on panic selling, it is not an advisable thing to do because there is always a tendency for the market to recover and as such, waiting is just the solution.
newbie
Activity: 92
Merit: 0
selling bitcoin is now the wrong decision. now bitcoin is falling this is the right time to buy or hold instead of selling. if we sell now then we will incur losses because bitcoin will rise again all the bitcoin optimistic will rise again. when prices rise again you do not have bitcoin and do not make a profit. do not sell to be patient a few months to earn a big profit.
newbie
Activity: 13
Merit: 0
Study first
full member
Activity: 392
Merit: 100
who said that it is stupid when someone decided to sell his Bitcoin? just think about it, everyone who owns Bitcoin knows that it's volatile. so when they decide to sell their Bitcoin they are 100% sure that they're getting a lot of Money. everyone from the crypto World knows how to wait and hold. then sell when the right time comes.
newbie
Activity: 80
Merit: 0
Selling Bitcoin and buying it back at a lower price may make you short-term profitable, but I don't think that this way of trading can make you get more profit, the way to get more profit is to hold Bitcoin, and wait for Bitcoin's market to fully recover.
newbie
Activity: 283
Merit: 0
I keep saying this but people won't listen. Agreed that the market is falling, didn't you believe in Bitcoin before buying it? If you still believe in Bitcoin, you won't let the low price get to you. Holding is still the best
full member
Activity: 294
Merit: 100
It is, now and again like this that the market cost is low and is persistently falling, offering would be an inept move. Offering will cut your misfortunes yet in addition your future benefit. Holding up still or holding is more fitting. Remember that dumps are simply transitory and at some point or another, the market will completely recuperate. Contributing currently is additionally prescribed to win enormous benefit when the season of recuperation happen.
member
Activity: 196
Merit: 10
It does not make sense to sell all the crypto money this time. When the time comes, we can see the result. But in the future the sub-currencies will come to very good places.
newbie
Activity: 67
Merit: 0
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.
newbie
Activity: 140
Merit: 0
Actually at this time people who invest their money in bitcoin are losing their temperament because of the continuously decrease in the value of the bitcoin which is definitely a bad idea because in the coming future it is going to touch its peak point where they can get a huge amount of profit from it.
jr. member
Activity: 140
Merit: 1
The issue of selling bitcoin by investor can not be predominately term as stupid as though might be in critical situation probably not for most investors. Others turn to be short term investors and really don't give time chance. I personally think due to recent decrease in price of bitcoin, it could be better decision to hold for now.
newbie
Activity: 94
Merit: 0
depending on choice of individual,but selling bitcoin at this time will  only result to loss of huge profit,because of the deflation of market
jr. member
Activity: 392
Merit: 1
Selling or hodling bitcoin is a matter of choice that depends solely on the individual. Personally, I think it is really unwise to sell bitcoin at a very low price, we need to always sell at a reasonably higher price in order to  increase the value of bitcoin
newbie
Activity: 26
Merit: 0
Selling right now would be immature if you are using BTC as an investment asset. Institutional money is just starting to put skin in the game, especially with Coinbase opening up their Index fund to investors [1]. This should be taken as a good sign.

Nonetheless, as other posters have pointed out, there's nothing inherently wrong with selling BTC. People have lives and they need access to their local currencies. Nothing wrong with that.

[1] https://blog.coinbase.com/coinbase-index-fund-is-open-for-investment-61217606f1ef
sr. member
Activity: 644
Merit: 253
Change Your Worlds Build a New Era!
It was the best decision I have made. I sold my bitcoins, gained profit and I rebuy the same amount of bitcoins when it crashed from 20K to 6200.
I am holding now the same amount of bitcoins I had and I am enjoying money I cashed out  Cheesy
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.
Yep, price is too low to sell now.
full member
Activity: 365
Merit: 108
I think sellimg of bitcoin is not stupid decision but very stupid decision.if we talk about today then btc price go to very deep so many people sell it and that's why coinmarketcap keep decreasing but don't worry about it. There are many big whales also available into market and many of times they played ame like this. So in situations like this don't sell btc but hold it and if possible then buy more. i think this is the golden period of buy btc beacause it can give you huge profits in future.
jr. member
Activity: 63
Merit: 2
We all not stupid because some time we need to sell our bitcoin for covering our daily needs if a person do not feel any need for selling  bitcoin in to fiat or if he is investing his money in some other altcoin then for sure it can be consider as a stupid decision because in my view investing in bitcoin is best for any investor  but still it is not necessary because every person has its own choice and he will surely going with his own strategy and planning
newbie
Activity: 92
Merit: 0
No I do not agree with this statement. There is nothing stupid in people who will sell Bitcoin at the time they need it. But it is foolish to spend money by selling Bitcoin unnecessarily.
jr. member
Activity: 331
Merit: 3
Actually selling bitcoin is not stupidity. we are all intitiled to our own opinion, so no matter when you sell your bitcoin it can never be called stupidity being it long term or short term. so whenever you want to sell please do because it is your right.
newbie
Activity: 140
Merit: 0
Selling a bit of coins is a stupid decision that does not apply to everyone who sells coins at a low price and a very sort time. I think long-term investment is good and good at selling at the right  time at the right price.
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