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Author Topic: selling bitcoin is a stupid decision ?  (Read 2458 times)
19spawnfeed
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March 26, 2018, 05:02:12 PM
 #141

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.


I agree that some of the bitcoin holder's are now panicking its because bitcoin dropped every hour and they think they might lose their money because of that. And it's a bad idea there's no need to panic because when bitcoin dropped as its lowest price its a blessing and it is the right time to buy more Bitcoin in cheap price . I'm joining in CRYPTO CURRENCY WORLD, knowing that the risk are should be face , and  its a risk when you holding bitcoin.
Qartersa
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March 26, 2018, 05:07:04 PM
 #142

Selling Bitcoin is not necessarily a stupid decision because it is always ideal to sell when you have already profited out of your initial investment. Investors are not expected to hold for a long time especially when it concerns investments that are too volatile. Otherwise stated, some are just in it to realize easy money then opt out when situations are better. And yes, you may say it is in likelihood to pump and dump. Anyway there is nothing wrong with it because verily, Bitcoin now has become an asset that is too sensitive if held for too long. Likewise, investors cannot be compelled to hold for a particular length of time. Smaller margins are better in this case.
Ghayoor
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March 26, 2018, 05:11:28 PM
 #143

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.

no selling and buying a avery good source of income and alot of epol they are doing this business i,m also doing this business and i'm taking a very good profit from it you just need to play here a very carefully.
cybersofts
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March 26, 2018, 05:32:48 PM
 #144

The bitcoin price is moving up and down for the last 3 months that why many people owning bitcoin are panic and start selling their own bitcoin to avoid losing too much money. Since the beginning of this year, the bitcoin is going through many market corrections one after other that is why many people are panic now.
HOLDing is going to be the best idea but not everybody is willing to take that risk.
Maryverycool
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March 26, 2018, 05:38:59 PM
 #145

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.  
Everyone has their own investment options, and I don't think selling bitcoin is stupid. Now the price of bitcoin continues to fall, and if you choose to sell when it's just falling, you'll lose more. We can buy it again after the bitcoin has fallen a lot.
1NV3ST0NM3
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March 26, 2018, 05:41:46 PM
 #146

Selling bitcoin isn't always stupid decision if you plan to buy it later too. I have a friend of mine who is really good at trading. In just last few months he has been able to triplicate his btc in this bearish market while I have just been able to hodl btc and lost a lot if we see in terms of fiat. So selling isnt always a stupid decision if you want to take profit from the waves of the market.
Cloak1
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March 26, 2018, 05:45:28 PM
 #147

Maybe they sell their bitcoins because they are afraid of losing more. We can't blame them for this. It's their decision. They may lack of confidence to  the future of bitcoin,  or they get affected by bad news of bitcoin which appearing in the environment. Thus,  they got panic, and immediately sold theirs.
jerjer
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March 26, 2018, 05:51:10 PM
 #148

I think it depends. If you really needed to sell it because of emergency purposes then its okay, but if you just want to sell it because you are afraid to loose more and you bought it from  $15K+ then I think selling bitcoin at this time a stupid decision.

Olawale16
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March 26, 2018, 05:53:51 PM
 #149

You're right, we should not sell bitcoin when the price goes down, and it'll be a blessing if we buy bitcoin again, because it's an opportunity..
Shishimanu
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March 26, 2018, 06:00:14 PM
 #150

I,m almost new in this forum so as per my knowledge I just want to tell that right now selling bitcoin is the most stupid thing to do.Many expert are predicting that btc will cross 30k usd in this year
Shubhamjuneja24
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March 26, 2018, 06:06:50 PM
 #151

At this time selling bitcoin is a bad decision. Many people are getting panic due to continue fall in the price of bitcoin. But they should have patience because before ending of 2018 it will give max. Returns.
jeldzrey16
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March 26, 2018, 06:07:04 PM
 #152

It depends upon the situation, When bitcoin drop in a lower price its a good time to invest, when bitcoin price goes up, it's is good to sell it.

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March 26, 2018, 06:12:51 PM
 #153

As per the dull situation selling bitcoin is really foolishness. So try to hold maximum that you can.Nowadays report says that bitcoin is getting recovered from crisis, so to stand up proudly before all other cryptos will take a bit more time.So wait for it,don't be hurry hurry.
cryptogideon19
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March 26, 2018, 06:21:21 PM
 #154

Maybe it's just a tactic they're doing today's social media news. In my opinion this is a great idea that you need to ride. If you ride someone else's way you are one of those who have no confidence in the Crypto world. It's a big thing for me to measure how patient you are. Here is my opinion.
DominRx
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March 26, 2018, 06:41:14 PM
 #155

Sale bitcoin - it's stupid, at this point in time! We have to wait and wait a long time .. When the price is above $ 200,000, only then, you can think about selling it!
brickafterbrickwalldpt
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March 26, 2018, 06:43:28 PM
 #156

We shouldn't judge people on what they are doing with their bitcoins. Holding is a good idea because Bitcoin might become more expensive in the future. Many poor people invested in Bitcoin hoping that they will be able to earn enough to go to university or move to another country. As I said, it mostly depends on the person and their situation - if someone wants to sell then there is no reason to stop them. Someone else will buy their bitcoins - possibly someone new to our community. Things just don't disappear. Don't be afraid to sell, don't be afraid to buy.

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walemil
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March 26, 2018, 06:51:04 PM
 #157

You are right, selling bitcoin at this point is not a wise decision. I noticed that a lot of people are even selling at a loss. Can't you just think for a moment what will happen if you hold your bitcoin for a period of time? The price will go up and you will profit. Wise people are seeing this as an opportunity to buy.
dear53
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March 26, 2018, 06:55:20 PM
 #158

I want to buy bitcoin more and more.I dons want to sell it because its price going to high and high.Its not stupid working to re: sell bitcoin if you need money but it is stupid work to re: sell bitcoin.You have to deposit in bitcoin more and more if u want to change your future life.
Jimile
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March 26, 2018, 06:58:25 PM
 #159

due to the drop in bitcoin price on the market, selling is the right decision at the moment of time
Washball
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March 26, 2018, 07:01:25 PM
 #160

Selling bitcoin is stupid, that is if you've bought for a higher price. It does make sense to sell now that the price is dropping, it's better to buy with the lower price. At this moment the price is dropping from more than 8K to below 8K, so it's a good opportunity to buy. In a few months the price will rise again, when Lightning Network makes transactions real fast and for almost nothing. At the end of 2018 the price will reach 30K.

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