Topic: Selling bitcoin is a stupid decision ? - page 23. (Read 3402 times)
Selling bitcoin when the price drops is a bad decision, better to lose than having to dump bitcoin when the price is low. and you can get by waiting when the price goes down, so you will easily make a lot of profit.
Maybe they need to rethink, why sell it? I agree when selling bitcoin is a stupid act. Promising investment for the future. Fortune people in the future no one knows.
I do not think so, the sale of bitcoin is the choice of each person, selling the right time, the right price you need is the wisest.
That depends on the tactics of not having short-term players, long-term players. Therefore, a stupid decision is made.
I do no longer see some thing incorrect in promoting bitcoin,we are unfastened to decide whilst to preserve our investments
We maintain the important thing for our success though we are all saying that we need to hodl our coins however there are investor pick to have short time period investments.they're the humans who've tons less endurance,within the occasion that they promote inside the sense that it's miles truly desired for emergency purposes and now not approximately Fuds or fee votality that is very large.we all favored right right here to earnings and if someone choose to promote their cash then they are the simplest accountable of their actions and as tgey take danger on making an funding they probable understand the approach even as to profits.
We maintain the important thing for our success though we are all saying that we need to hodl our coins however there are investor pick to have short time period investments.they're the humans who've tons less endurance,within the occasion that they promote inside the sense that it's miles truly desired for emergency purposes and now not approximately Fuds or fee votality that is very large.we all favored right right here to earnings and if someone choose to promote their cash then they are the simplest accountable of their actions and as tgey take danger on making an funding they probable understand the approach even as to profits.
I think selling bitcoin is not a stupid decision because if you sell it in a right time and at right price it is good but if you sell it just for fun that's make you decision stupid. Actually you will sell only your bitcoin with a valid reason just like when there's an emergency that happened in your family.
I agree with the idea of selling bitcoin today is a decision that seems difficult and not thorough because the bitcoin price today is about 6000 dollars not really help you with high interest rates.
it is truely. each person desires to get benefit from a investment. The price isn't always so good proper now then why promote? In January 2017, the value of bitcoin turned into just $900. by using mid-December, it hit an all-time high of almost $20,000. it's miles the character of bitcoin. So, do not traumatic approximately it, stay with it. besides that, a few cryptocurrency experts suggest cashing in a portion of your bitcoin now, especially if you're chance-averse or have urgent economic desires.
for us to sell very good bitcoin has made a lot of profit by selling higher prices, so we'll buy again by buying a low price, so we think selling bitcoin is not a stupid decision.
If selling bitcoin when you already get a profit then it's not a stupid choice, just when you miss the moment of profit is making you a fool.
Exactly my point. In the event of selling your Bitcoin, just make sure you have not missed the profit making moment. It does not really matter weather it is a bear or bull market. It is an individual's preference and goals set for joining cryptocurrency. Weigh the buy price and sell price. If you make a profit and you think it meets your goal, you can go ahead and sell.
To each his own. Selling at a good price isn't stupid if you really need to sell. I still hodl; I believe that the market will prevail
I have a reasonable understanding of this first gen tech. Couldn't really explain what a merckle tree is though. My belief in Bitcoin has changed over the years though.
Primarily, the tech is irrelevant if everyone buys bitcoin simply because the price is rising. That renders it a ponzi scheme. If people just cared about the tech there would be no crashes or panic sell offs.
The tech itself whilst interesting, is full of problems. It consumes an insane amount of power, the LN could scale it, but why? Nobody spends it.
From an economic perspective a deflationary currency is a dumb idea, because there's no incentive to spend an asset that could be worth more in the future.
From a market perspective, it's easy for whales to manipulate the price up. Just buy loads on low volume driving through psychological barriers. FOMO noobs then buy pushing it up to insane levels. Methods made illegal in regular markets like painting the tape green are also used. There's huge insider trading on exchanges too.
From a regulatory standpoint, there's no way governments and banks will let this go to 100k...it would literally risk damaging the world economy on its next cyclical crash. It's trivial to hurt bitcoin hard. Just tell banks it's illegal to send money to exchanges.
Tether looks ropey as hell, might not be backed up by real money and anything pegged to the dollar could be viewed as counterfeit dollars. They are going to be in trouble.
Blockchain could work if it crypto was pegged to a stable currency which may happen...but it won't be bitcoin.
I still hold a couple of coins for the fun of it though. I've also made a ton of money.
Good luck dealing with the stress of holding this if it ever got anywhere near 100k. If most of your net worth is gambled on something that can drop 80 percent your life becomes consumed by it.
It wasn't meant to be, but this operates like a ponzi. The early adopters (2012 wasn't that long ago) hold most of the coins. You noobs are just buying the few that are available... Pushing the price up. Until it goes down.
This crash hasn't even finished. This recovery is fake. Bull trap/short squeeze / car dead cat bounce... Call it what you will
Primarily, the tech is irrelevant if everyone buys bitcoin simply because the price is rising. That renders it a ponzi scheme. If people just cared about the tech there would be no crashes or panic sell offs.
The tech itself whilst interesting, is full of problems. It consumes an insane amount of power, the LN could scale it, but why? Nobody spends it.
From an economic perspective a deflationary currency is a dumb idea, because there's no incentive to spend an asset that could be worth more in the future.
From a market perspective, it's easy for whales to manipulate the price up. Just buy loads on low volume driving through psychological barriers. FOMO noobs then buy pushing it up to insane levels. Methods made illegal in regular markets like painting the tape green are also used. There's huge insider trading on exchanges too.
From a regulatory standpoint, there's no way governments and banks will let this go to 100k...it would literally risk damaging the world economy on its next cyclical crash. It's trivial to hurt bitcoin hard. Just tell banks it's illegal to send money to exchanges.
Tether looks ropey as hell, might not be backed up by real money and anything pegged to the dollar could be viewed as counterfeit dollars. They are going to be in trouble.
Blockchain could work if it crypto was pegged to a stable currency which may happen...but it won't be bitcoin.
I still hold a couple of coins for the fun of it though. I've also made a ton of money.
Good luck dealing with the stress of holding this if it ever got anywhere near 100k. If most of your net worth is gambled on something that can drop 80 percent your life becomes consumed by it.
It wasn't meant to be, but this operates like a ponzi. The early adopters (2012 wasn't that long ago) hold most of the coins. You noobs are just buying the few that are available... Pushing the price up. Until it goes down.
This crash hasn't even finished. This recovery is fake. Bull trap/short squeeze / car dead cat bounce... Call it what you will
At this stage, selling bitcoins is a stupid solution, you need to wait for the best bitcoin price, because investment in bitcoin is a long-term investment, be patient and you will be lucky
Most people want to benefit at a very short time. Those who invested in Bitcoin a few weeks ago have lost some capital. Now the price of Bitcoin is decreasing in the exchange market, so many people think that if the explosion happens then they will fall into a lot of losses, despite selling low prices they sell their bitcoin.
I think it depends on what factors motivate you for this desicion. But if you have free money - it's better to hold crypto now.
Depends on your situation really, I don't think there is a right or wrong answer to this. If you are in need of money then selling bitcoin won't be stupid. So if you are not desperate I would suggest holding on to them for now and see where things go.
Now bitcoin price is going down. So this not right time to sell the bitcoin. So wait for the price increasing. Then sell the bitcoin. People is check the market price. Market price is real price. If market price is any time to change. Then change the share market. So market is important of all business process. So if want to sell. Sell the bitcoin in price increases time. It any time to don't so don't wast that time.
yes. bitcoin is very low now & the bull run is coming. so we should hodl now. no professional trader & hodler will not sell right now. only newbie can take this stupid decision.
if someone need money and want to have it cash or even for fun and sells his investment than it is his choice and for the market to operate we need a circulation of sell and buys so it is their decision
Yes, we cannot dictate him what to do on his bitcoin if they want to sell it, it his decision. Someone sell there bitcoin immediately for emergency need I think it is one reason why he sell his bitcoin and I think it is not stupid decision he make. Selling Bitcoin for loss is stupid decision but selling it for profit is not.
If you are in profit and you are happy with the current amount of profit than you can sell it and book the profit. Many people loss more when they don't make exit on peak price.
If you are in profit and you are happy with the current amount of profit than you can sell it and book the profit. Many people loss more when they don't make exit on peak price.
It's a smart thought! To sell or not to sell depends on your individual beliefs.
yes of course in this time Selling bitcoin is a stupid decision because the bitcoin has not reached the real price yet
and buying them now is a precious opportunity at the long term .
and buying them now is a precious opportunity at the long term .
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