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Author Topic: selling bitcoin is a stupid decision ?  (Read 2458 times)
Fesatmas
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March 26, 2018, 03:32:17 PM
 #121

Their decision to sell bitcoin is not a stupid act, they sell it must have a clear reason. If seen some time ago bitcoin prices are very unstable and tend to keep to down due to some bad issues about bitcoin. This is what makes people sell their bitcoin to anticipate something bad will happen later.

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Zabrielle
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March 26, 2018, 03:33:43 PM
 #122

No not at all. Each one of us has its own reason. Maybe the person cant hold on any longer because prices are dropping from time to time thats why he or she is selling their bitcoin. You know when you join bitcoin you are toltslky aware of all the risk you might be facing along the way. Letting go of it is not stupidity its all about the timing. Dont let all of it hold some and make a profit out of it. Bitcoin will bounce back real soon.
Epimetheus
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March 26, 2018, 03:36:22 PM
Last edit: March 26, 2018, 04:02:36 PM by Epimetheus
 #123

No not at all. Each one of us has its own reason. Maybe the person cant hold on any longer because prices are dropping from time to time thats why he or she is selling their bitcoin. You know when you join bitcoin you are toltslky aware of all the risk you might be facing along the way. Letting go of it is not stupidity its all about the timing. Dont let all of it hold some and make a profit out of it. Bitcoin will bounce back real soon.
No I do not think that selling bitcoin is a stupid decision.Everyone has different reasons that why they want to sell their bitcoins.But the sole reason is to earn money.Other reasons maybe that people must have thought that the prices will decrease so they thought of selling their bitcoins.Since the value of bitcoin is also very volatile we cannot say that where will the price go and if the price will fall they will suffer from loses.
jcpone
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March 26, 2018, 03:37:13 PM
 #124

I think selling bitcoin is not a stupid decision. It is depends the
situation and needs of the bitcoiners. I understand if they sell their bitcoin because they have a financial problem, and they have no source of income to provide their needs or for emergency uses.
Apes
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March 26, 2018, 03:39:54 PM
Last edit: March 26, 2018, 04:05:01 PM by Apes
 #125

The stupid thing is when the price goes down and keeps going down but it still holds it .. let them sell it every time the price goes up or down and it is their right and their actions are clear There is a reason .. we do not know the reason they sell it and whatever it is for the staple material requirement or the economy, whether they will let hunger or face economic problems may be one of the reasons they sell it because we never know what the reason is .. and the reason they are here to improve lives better and help them in economy and problems
Majharul Saiif
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March 26, 2018, 03:44:16 PM
 #126

This matter will totally depend on the situation.The situation will say when it'll come to our advantage.It's not always the high price of Btc,but it's also normal for some time to decreases the price.So, when prices are low, selling is stupid.But it's better to sell when more is needed.

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GardenChristian
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March 26, 2018, 03:47:30 PM
 #127

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 don't think it's a stupid decision. I think the whole encryption market is down and the price of bitcoins will continue to fall, and now you can reduce your losses by selling. When we think the price of bitcoin is right, we can choose to buy again.
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March 26, 2018, 03:50:51 PM
 #128

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 think selling bitcoin is a right decision. At present bitcoin prices are very low, but future bitcoin prices will go up again because there are many new people are investing in bitcoin.

Gotomoon
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March 26, 2018, 03:55:51 PM
 #129

Selling bitcoin is not a stupid decisions everyone of us has it's own valid points to sell bitcoin. They have their own goals and it depends on them on how they manage their earnings. But, when in downtrend the best is not really to panic selling.
katarin2030
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March 26, 2018, 03:56:39 PM
 #130

I think selling bitcoin is not a stupid decision. It is depends the
situation and needs of the bitcoiners. I understand if they sell their bitcoin because they have a financial problem, and they have no source of income to provide their needs or for emergency uses.
No not at all a stupid decision, right now the market is dumping that does not mean that selling is a stupid decision. Wait for the right time till then hold when the price picks up in the value then go for sale, so should not come to the conclusion by calling it as a stupid decision.  
Dapper
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March 26, 2018, 04:00:36 PM
 #131

For early adopters or even players who weren't early adopters, sometimes there isn't a big issue between selling at $5k or $20k, especially if you have other 'plays' going on in the market.   

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Cryptogod1985
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March 26, 2018, 04:02:16 PM
 #132

I sold all my Bitcoins and spread the money on alot of altcoins.
In my oppinion BTC will be around 7-10K for along time now
bulantoy12345
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March 26, 2018, 04:02:48 PM
 #133

Selling bitcoin is not stupidity as long as it is worthy to sell that ofcourse it is earning and profiting. In could only be stupid if it sells at a lower price and invested first at higher a price value. It is very annoying that somebody engaged at it. Before investing at cryptocurrency i prefer to study first all about cryptocurrency, research widely how crypto coins works and performs at the market. Bitcoin is profitable, trust + invest at a lower price + hodl = huge wave of earnings!

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DvdW
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March 26, 2018, 04:03:03 PM
 #134

It is a complicated issue. On the one hand, I keep saying to myself that I should not sell my coins and wait for the future. On the other hand, I read negative reports - such as the most recent one by Allianz stating that Bitcoin is a 'textbook-like' bubble. And I feel tempted to sell my stuff immediately.
MasterCATZ
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March 26, 2018, 04:09:24 PM
 #135

Due to the increase in the number of bitcoin applications, its usefulness will also grow. If you consider bitcoin an asset - hold it. If you are a short-term trader, sell it immediately. If you use bitcoin as money, keep doing it. Bitcoin has been around for quite some time and has earned a certain place in the financial system. Yes, it probably does not take such a large part of the system, but it's quite an interesting commodity, asset, cash, currency, or whatever else it's called.
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March 26, 2018, 04:13:57 PM
 #136

I'm on the contrary now buying bitcoin and many other altkoins, one of these altcoyins was the company Gamblitsa, these guys are engaged in creating an online casino for blocking technology, and this will mean only that they will not be able to deceive their customers and will win that whose luck will be on his side
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March 26, 2018, 04:21:25 PM
 #137

People who in  crypto world newly paniced. But you look at the legendary. They do not panic!!! Although they have a lot of bitcoins. So make the conclusions yourself.
radjie
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March 26, 2018, 04:34:57 PM
 #138

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.  
before being able to jump in the field of cryptocurrency should know what risks we can face. basically the value of cryptocurrency fluctuates, we can benefit by selling the coins we have at the time the market price has increased. and vice versa, we can lose the money we invest if we panic because the market trend continues to decline so fear the price will increasingly plummeted by making a decision to sell all the coins we have. things we need to do to minimize losses in this field by understanding the basics we know, and convincing ourselves before we can get into the field of cryptocurrency.
AndrewBrown
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March 26, 2018, 04:47:52 PM
 #139

Selling bitcoin is not stupid at all. But panic selling is definitely stupid. People want to make big gains and the only way to do that is to risk more (typically more than they should).
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March 26, 2018, 04:54:03 PM
 #140

That is the problem of many investors. Psychology influenced from many aspects and any information from the media have the opposite reaction in each person's perception. they can regret it. But there will be no perfection in the crypto market. The important issue is the investment consciousness.
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