Topic: Selling bitcoin is a stupid decision ? - page 50. (Read 3401 times)
Selling or buying a coin are situational condition, bitcoin have low and high price, I think this is can make a trader get profit, not stupid at all. Just look the condition to decide what will you do. At the moment buy bitcoin is a good decision, because this is low price in this year.
Now? That would be a very stupid idea. Now is the time to buy, not the seller. I recommend investitions because the price will go up in a minute ...
I also think that selling bitcoin in this situation is very much stupid decision. We all see that the last three or four month the market goes through a market correction. In this type market we only cannot expect only price hike. There must be ups and down in the market. If you sell in this market with a loss, then this decision certainly a stupid decision. I think this is the time for price hike. If we can hold it, then we must create some profit or reduce the loss. So, please hold your bitcoin and enjoy the time.
I think selling bitcoin with a low price is a stupide decision if you are not need this amount urgently because the price will increase in the future and anyone will regret later. To be honest, I really cashout some of my bitcoin these days because i need this money to buy a travel ticket. anyway, i will try hard this days to recover this amount as soon as possible because i think that the bitcoin price will be rebounded in the near future. 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 guess not stupid, as long as he sells already higher than the purchase price. Everyone has their own strategy in crypto, so selling is not something stupid.
If you're actively trading, then this type of question should really be on the table. If you're not actively trading, then you have to ask yourself what the plan was when you got in. And if anything fundamental has changed regarding the overall situation or prospects of Bitcoin as an investment.
Actually, it seems to be making a little correction right now. Selling it for the ones who do not have a loss and collecting it all together is a more logical option. But there is nothing more to do for those who are in a loss, it makes more sense to wait instead of making a panic sale.
Depends if you are selling it at a profit or at a loss. If you are taking profit then its fine but if your selling it at a loss then you are doing something wrong. As bitcoin always recovers and breaks its Ath. And if you had invested what you could afford to lose than you wouldn't have had to sell it at a loss.
Selling Bitcoin is stupid if you are selling it with loss, so on lower price than you have bought it.
But if you sell Bitcoin at convenient price, with profit or because you have to cover some needs than it isn't stupid. Generaly I beleive that Bitcoin is made for some concrete purpose so just keeping it in wallet endlessly also isn't the solution.
So everything depends on each individual, what are the goals and needs but it's important to find some balance between holding and selling.
But if you sell Bitcoin at convenient price, with profit or because you have to cover some needs than it isn't stupid. Generaly I beleive that Bitcoin is made for some concrete purpose so just keeping it in wallet endlessly also isn't the solution.
So everything depends on each individual, what are the goals and needs but it's important to find some balance between holding and selling.
I think it wasn't always stupid once selling bitcoin. Why not consider some instance that the person is trader or maybe got panic. We can't judge them for all have weaknesses.
It depends on the situation that seller faced. If someone wants money, yes they have to sell. But if you can save that bitcoin for future, it will best financial investment for your entire life. I suggest to not to sell if there no any first priority urgent situation.
Yes when bitcoin's price falls and goes even below our purchase price,then it would be a stupid decision to sell our bitcoins as it always has a tendency to rise after a price decline.But this strategy would only suite for bitcoin and not for altcoins where there is no guarantee that it's price would surely increase.
I also think that selling bitcoin in this situation is very much stupid decision. We all see that the last three or four month the market goes through a market correction. In this type market we only cannot expect only price hike. There must be ups and down in the market. If you sell in this market with a loss, then this decision certainly a stupid decision. I think this is the time for price hike. If we can hold it, then we must create some profit or reduce the loss. So, please hold your bitcoin and enjoy the time.
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.
Lack of patience will make people panic, become too worried and decide to sell bitcoin. We should be able to think broadly, bitcoin will not die, bitcoin still has the potential to rise from its current fall. all just a matter of time.
I think selling bit pin is not at all stupid
If you sell your bitcoins in a higher price i think it is not stupid, you can have a stupid decision if you sell/buy bitcoin in the wrong time.
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.
Yes selling bitcoins in a down market like this is a pretty big mistake which most newbies do because they aren't taught what to do in case of a downfall so they look for a way out and sell the coins but they should do it the other way around that is they should sell their coins when the price is at a high when bitcoin is everywhere in the news and all over the internet. 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.
Agreed, selling bitcoin in a down market will gain you nothing, It will be a mistake you will endure when the BTC value rise up, all you need to do at this time is to hodl whatever you have a wait for it to have a profit before selling them into the market, Patience is the key to success in crypto , good decision making will also help to be successful in crypto in any way.
It depends what you're selling for. If it's something that will gain value over time even faster than BTC, why not? If I had 100 coins and the chance to buy a good restaurant or a hotel for it, i'd probably go for it, but if I had to sell for some worthless currency, no, thank you. That said selling in a bear market isn't the best idea. You're going to lose money anyway, unless you manage to sell and quickly buy back more.
Not everyone invested what they can afford to lose. Although that’s the general rule. People make mistakes. Selling at a losing price because one badly needed the money in not stupid.
Stupid is a strong to use especially concerning someone's decision.
If you need cash, you need to trade the coins you have, so you get it.
And holders who want more need to buy from others. I don't think stupid is a good description of peoples' willingness to do business.
If you need cash, you need to trade the coins you have, so you get it.
And holders who want more need to buy from others. I don't think stupid is a good description of peoples' willingness to do business.
selling bitcoin is not always a stupid decision, its depends on the situation and many factors, its like if you sell your bitcoin when the price is down i think it will makes you look stupid because you investing in bitcoin to get a profit its not to get lost, but if you sell it for get the emergency money i think its okay to sell your bitcoin
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