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Topic: Selling bitcoin is a stupid decision ? - page 25. (Read 3402 times)

full member
Activity: 406
Merit: 100
I wouldnt say stupid decision, instead i would say its an individuals call as we do not know the situation and pros and cons.We have to respect everybody decisions to take their own calls and to decide when they wanna exit the market and vice versa.I would still say in the long term btc would definitely fetch good results, this is my gut feeling and also the community feels so.
member
Activity: 198
Merit: 10
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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.

Good reason to sell, You have profit, you earn money, and you can transfer them into other cryptos. But not doing the stupid selling, because you don't get any benefits about the tree months.
sr. member
Activity: 679
Merit: 254
Yes I agree with you but why do we people want to sell their btc you say it is a very stupid thing they also do not want to sell all their btc but they also really need money for their family and they just have btc to sell them so i think it not a fool
full member
Activity: 276
Merit: 100
Selling your bitcoin when the market is down can be referred as a foolish decision. This decision can be a factor of fear of loosing an amount of money or the holder is being impatient. The best strategy is to sell when the market is up.
full member
Activity: 392
Merit: 100
In selling Bitcoin at a reasonable price is not a foolish decision. The stupid decision you can make with Bitcoin is that you can sell your Bitcoin for a low price or during a Bitcoin dump. Everyone wants to make a profit and prevent losing too much, selling can be one strategy to earn fresh money to start a new trade, so that really depends on how the user's point of view.
full member
Activity: 616
Merit: 100
selling bitcoin when the price is down is the stupid decision because it will make you lost your money and I think you should hold it for a while to wait the price is back to normal then you can sell it with the 0 profit or small profit than sell it when you get big losses
jr. member
Activity: 644
Merit: 1
I agree if you are not sure and don't want to wait any longer, in this case, sell. Here you still will not find an unambiguous answer. In any matter, people will be divided into two camps - "pros and cons". Therefore, only you decide what to do. Personally, I'm going to continue to hold my bitcoins.
sr. member
Activity: 588
Merit: 256
https://www.spartan.casino/ #SPARTANCASINO $IRON
For me , It's not because if others sell it for purpose then it is not stupidity because they did it for good thing or they did it for emergency purposes that can also save life. It is depend on the persons if they sell it for nothing then it is stupidity.
full member
Activity: 350
Merit: 100
if you buy high then you sell in low price i think thats a stupid decision, but if its an emergency that you need money well i think its okay to sell in low price.
QFT
sr. member
Activity: 476
Merit: 250
If you think it's going to go up then of course it is a bad decision. But if you're less positive and don't believe in it then it might be the right choice.
copper member
Activity: 238
Merit: 1
Semi-Decentralized Exchange
For me selling bitcoin is not a stupid decision, it depends on the value of the market. It is a way on how you apply your strategy. 
member
Activity: 168
Merit: 10
Something stupid if you are investor and you invest at high and then deal at low value because  of panic emotion, I know if you could just wait patiently, there's a high probabilty that you will earn more than what you invest, The up and down of its value are very normal scenario in crypto business.
member
Activity: 357
Merit: 12
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.

I agree with you. Selling your own bitcoin doesn't mean your stupid. It is yours so whatever decision you make is up to you and that is not stupidity eventhough you will lose it. It is normal for people to sell it especially when the bitcoin's price is high and greater than the others. Nevertheless, selling bitcoin when the value of it is low then that is lack of strategy but not an unintelligent act.
member
Activity: 261
Merit: 10
There's no stupid decision in selling bitcoin if its have a good price . Some owner of the coins join to have money to pay their needs , so if they think its a good time good price they sell it to have a good exchange .
member
Activity: 239
Merit: 10
I think so too. Better to hold than sell Bitcoin. But I understand that sometimes you need money for unexpected expenses, it is a normal thing in our life, so you can sell part of it, not all. In that way, you can save Bitcoin and you future profit from it.
newbie
Activity: 210
Merit: 0
actually sell bitcoin is not stupid if they know when to sell btc and when to hold it better do not you call stupid exactly they do not understand how to find the right profit
hero member
Activity: 2590
Merit: 644
No, people buy bitcoin to make a profit, they can only sell their bitcoin for an interest. What's wrong is if they sell bitcoin when the price goes down. Selling bitcoin when the price goes down does not save your money but you will incur a loss, all you need is to be patient and wait until the price goes up again then sell.



It depend of setuation  because bitcoin is rising and plungng the price so that people hold the bitcoin if the price will goes down that is normal of investors because if the price will goes up people will sell because investors think that enough the profit but others sell but save the percent of bitcoin for the future.
That is right because it all depends on the situation, when people are in an emergency and they need a quick money to pay like for example, hospital bills then they will go sell their bitcoin and it will become a stupid decision if they will sell bitcoin without any valid reason for a very low price and accept the loss that they have.
full member
Activity: 460
Merit: 100
No, people buy bitcoin to make a profit, they can only sell their bitcoin for an interest. What's wrong is if they sell bitcoin when the price goes down. Selling bitcoin when the price goes down does not save your money but you will incur a loss, all you need is to be patient and wait until the price goes up again then sell.



It depend of setuation  because bitcoin is rising and plungng the price so that people hold the bitcoin if the price will goes down that is normal of investors because if the price will goes up people will sell because investors think that enough the profit but others sell but save the percent of bitcoin for the future.
newbie
Activity: 152
Merit: 0
No, people buy bitcoin to make a profit, they can only sell their bitcoin for an interest. What's wrong is if they sell bitcoin when the price goes down. Selling bitcoin when the price goes down does not save your money but you will incur a loss, all you need is to be patient and wait until the price goes up again then sell.
member
Activity: 132
Merit: 12
It all depends on the point of view. For some, the promotion of Bitcoin still seems reasonable, because it isn't only about its price grew but that it allows many options which normal currencies don't allow.
Many investors choose short investments because they want quick profit rather than using Bitcoin's modernist solutions. This is a superficial use of the power that the most-developed cryptocurrency in the world has in itself.
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