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Author Topic: selling bitcoin is a stupid decision ?  (Read 2478 times)
osipovis
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March 26, 2018, 05:31:35 AM
 #41

Hi guys , I  read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you  should face , and  its a win and win bet when you hold bitcoin . So knowing that  some people selling their bitcoin I feel so sorry for them.  

Selling in loss is certainly a bad decision. Everyone is making profit with bitcoin and if someone wants to leave with a sad story it is funny.
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March 26, 2018, 05:32:32 AM
 #42

Hi guys , I  read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you  should face , and  its a win and win bet when you hold bitcoin . So knowing that  some people selling their bitcoin I feel so sorry for them.  


I do not see in this month there's a big downturn, tending to $ 9k and down $ 8k, and it's been going on for weeks. so what to be afraid of with this kind of situation?
yes I agree with you. nowadays is an opportunity to buy bitcoin at a fairly cheap price from the previous value.
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March 26, 2018, 05:36:55 AM
 #43

Yeah, it’s a stupid decision if a certain btc investor sells all his btc investment even just experiencing a small drop. A true succesfull investor should have the strong determination with whatever trials he may face in investments. Theres no shortcut in investments may it be crypto or fiat currencies. If there is then it should be a form of gambling. We invest since we know the risk of what we are entering that maybe its not full percent successful.

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March 26, 2018, 05:37:32 AM
 #44

Sometimes selling bitcoin is smart movement that we know tomorrow the price is so bad, so you can buy again after price dump
Bitcoin fluctuations are normal. You have the freedom to hold or sell your bitcoin. If you feel that the value will drop, you can decide whether you sell it. But if you have the patience to hold it and wait for the value to rise up again, do it. Selling your bitcoin is not a stupid decision. But fluctuations are temporary, bitcoin is forever. You have the choice to hold it or sell it.

emerejames
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March 26, 2018, 05:39:02 AM
 #45

I strongly say yes to that. Selling Bitcoin because the price is dropping is not a good idea Bitcoin dropping in price is to enable you to buy and sell it when the price is high, so there is no need to panic when the price is low, all you have to do is to hod it till when ever the price go high again
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March 26, 2018, 05:44:00 AM
 #46

yes
its a saying after every dark night there is always a bright day...to every fall there is a rise...
the fall of bitcoin is temporary moreover, its time to buy not to sell. Predictions are out that bitcoin
shall rise to 500k-100k somewhere around 2020.so selling is not a right decision for now. Collect as
much you can, wait for the rise time and earn to the fullest. LUCK* Cool  
ss890
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March 26, 2018, 05:45:07 AM
 #47

Hi guys , I  read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you  should face , and  its a win and win bet when you hold bitcoin . So knowing that  some people selling their bitcoin I feel so sorry for them.  

To be honest it is not stupid thing to do if you are in complete loss and there is no way to recover your loss over very long period of time. In such case I think we should wait little bit, try to reduce the loss as much as we could and sell it the bitcoin immediately. See, bitcoin prices are ever growing and I agree upon that a lot but sometimes we do have to choose from hard decisions and soft corners while making good trade. Holding has got good power but not for everyone as not everyone can bear the huge losses all the time. The wise decision would be to sell them and later buy them after they drop below that pint and start over.
ershovspa
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March 26, 2018, 05:46:20 AM
 #48

The people who started selling after selling small drops should actually exit from bitcoins. They result in lot of volatility in prices.
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March 26, 2018, 05:46:35 AM
 #49

the market is currently unstable if it has better bitcoin in store it first wait for the market price back to normal as usual because bitcoin will not go far but will return as before.
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March 26, 2018, 05:48:19 AM
 #50

Yes I also agree with your statement that selling bitcoin is a stupid decision as they know it has huge potential to rise in future but they are selling in panic. It is all because of lack of experience and knowledge of bitcoin. Those who are aware of btc potential they are not selling they are holding there bitcoin and its a good chance to buy btc at low price.

genology
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March 26, 2018, 05:54:52 AM
 #51

Actually, it depends. If their decision is based on research, I think it is not stupid since they have back up information on why they chose to sell. We all have our own techniques or styles in investing and we should just resepect each other's decision.

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richjohn
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March 26, 2018, 05:55:31 AM
 #52

If people bought BTC at a higher price, then instead of selling it a lower price, people can re buy it and average out their price. This way, once the price rises, they would be minimizing their losses. It is a general phenomenon to panic once you see your investments going super low and that does instill a sense of fear in the person. Overcoming that aspect of the personality is the major challenge and if successful, you can make lot of money out of this market.
I wouldn't call selling bitcoin a stupid decision, since it boils down to an individual and the personality. If a person bought BTC at 1000$ and it rose till 14k, but then came down to 8k, he is still making a profit of 7k and that isn't stupid.
shawn995
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March 26, 2018, 05:56:38 AM
 #53

No every person is seeing the drop of cost as happenstance however even the individuals who are exchanging a great deal of it considers it to be chance to benefit which is the reason they offer their bitcoin. In the event that you hold you hold it I figure you aren't planning to benefit little bucks at each higher highs in the outline. I'm likewise holding more often than not yet those scalping is essentially what those folks who you thought are freezing which influencing the cost to drop without fail.
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March 26, 2018, 05:57:54 AM
 #54

Hi guys , I  read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you  should face , and  its a win and win bet when you hold bitcoin . So knowing that  some people selling their bitcoin I feel so sorry for them.  

They are afraid to take risk, theres no place in crypto currency for those weak hands. Its normal for a bitcoin value to go down. When the bitcoin value keep increasing last year, they are keep praising the bitcoin, but when bitcoin having a hard time, they can simply sell out their coins for fiat. If they cant handle bitcoins worst, then they dont deserves bitcoins best.
kiemponxs
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March 26, 2018, 06:00:09 AM
 #55

Selling at a time when bitcoin prices are falling is a stupid decision, although now bitcoin is down, I think it's a natural thing, because bitcoin every year it must have decreased. better hold it first do not panic to sell it, because if too many, who sell it it will make, bitcoin prices are getting down.
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March 26, 2018, 06:02:57 AM
 #56

being panic indeed was bad because it will contributed to dump situations and make bitcoin price dropped and dropped again everyday but very unfortunate that some people are very fear if bitcoin price dropped they will experience more deep to lost and they decide to sold their bitcoin immediately but from now on people should be thinking that bitcoin will recover the price soon and this is only just a matter of time

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March 26, 2018, 06:04:32 AM
 #57

Hi guys , I  read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you  should face , and  its a win and win bet when you hold bitcoin . So knowing that  some people selling their bitcoin I feel so sorry for them.  
Yes it is the most stupid decision ever if you did that before because bitcoin gave us lot of money in the long term investment but still people get panic and sell them for the temporary dumps,if you are wise enough buy the coins now and make more profits.

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BingoDog
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March 26, 2018, 06:06:33 AM
 #58

Everyone makes the decisions for himself and has its own reasons.
It's stupid to sell if by doing that you will lose, if you don't have enough patienece to wait for the price to rise but if you have some justified reason it's another story. It can't be called stupid without knowing the background.

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March 26, 2018, 06:10:29 AM
 #59

Unlike single-country currencies, bitcoin’s value isn’t tied to any one country’s economy. If the American economy tanks, the value of bitcoin won’t be directly affected by an economic downturn. In fact, bitcoin’s value might increase as more people turn to different solutions from stocks, bonds, and gold.
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March 26, 2018, 06:29:29 AM
 #60

Hi guys , I  read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you  should face , and  its a win and win bet when you hold bitcoin . So knowing that  some people selling their bitcoin I feel so sorry for them.  
Maybe it is one of the stupid decisions because just keep holding for it and sell it in case of emergency needs
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