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Author Topic: Selling Bitcoin = Opportunity loss?!  (Read 13043 times)
PETES
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April 06, 2018, 10:26:08 AM
 #661

Because bitcoin belongs to a high risk investment, it means selling bitcoin is not an opportunity to lose, because there's nothing to guarantee that prices can continuously rise.

Technically it's a loss of opportunity for having a good profit because bitcoin price isn't stable so the chances of getting much more profit is anticipated. Thus, if you really need money then don't let this hold you back as of course you can still buy when it will dive again so be mindful to buy back.
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Semaj123
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April 06, 2018, 10:52:46 AM
 #662

Well, this depends on the situation because we can't avoid some unexpected happening such as emergency. Especially when it comes to medical expenses but on the other, if it is not really necessary to sell then better to hold it in longer term because Bitcoin will probably be growing high as the years are passing by.
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April 07, 2018, 04:32:16 AM
 #663

For me, it will depend on the situation. Yes, bitcoin’s cost right now is meager, and if you sell your bitcoin right now maybe in the future, you lose huge money but what if you desperately need some money and the only thing you have is bitcoin so don’t hesitate to sell your bitcoins.  But if you don’t need some cash and can hold your bitcoin for a long time just keep your bitcoin or wait for your profitable moment to sell your bitcoins. Smiley
Will be more good if you store some money for the time of need so you will not have to sellout your bitcoin, as if you will in need to money at the time of dump then you can get lose so better if you hold some money for the time of need, as if you are earning 100% money then invest 80% in bitcoin and hold 20% in your wallet so you will  not  be have to sell your bitcoin at the time of need, otherwise it is very easy to use bitcoin for payment as now bitcoin is easily acceptable.
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April 07, 2018, 06:44:10 AM
 #664

not a good plan , better to invest 3-5% of you total money per week at lower bottom price , 1 order per week to get position inside this market with top coins .
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