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Author Topic: selling bitcoin is a stupid decision ?  (Read 2478 times)
desktopimprove
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March 31, 2018, 04:56:59 AM
 #221

I can say for sure that there are some pre conceived notions based on which some experienced btcsians sell their stocks
boddy.dy
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March 31, 2018, 05:14:55 AM
 #222

In my opinion i can say yes selling bitcoin is a stupid decision especially if you will sell your bitcoin when its price or value is to low than the buying price. Yes their has no perfect time in selling or buying bitcoin because no one knows when its price will go down or even will increase. Only the worst thing scenario is that if you had the felling to sell then in just a few seconds its price already decrees and that is really embarrassing. Well it is normal thing especially if you were just new in this industry or business but it has always a limitation. Habitual selling of coins when its price were lower than the buying price will make you a stupid person.
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March 31, 2018, 05:16:26 AM
 #223

I don't think so ,What if you really needed a money or Fiat and you only have bitcoin is it still a stupid decision?
It would only be a stupid decision if you know that it is still at a low price and you would sell it even if you don't need a Fiat.
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March 31, 2018, 05:20:21 AM
 #224

Sometimes the bitcoin sellers do not because they see the market going down so they sell. Maybe they are borrowing money to invest in this market and the monthly interest they pay is too high. And the market goes down and lasts for many months, they are no longer able to sustain it and forced to sell.
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March 31, 2018, 05:30:27 AM
 #225

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.  
It's not bad to sell bitcoin, the bad if it's a scam, the bitcoin price may have dropped but it does not mean we're going to panic, because the time will come when the bitcoin will again increase.
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March 31, 2018, 05:41:34 AM
 #226

If you see it with loss then obviously it is most stupid decision and selling it with the profits would be always appreciated. Now I dont understand why people go ahead and do the selling in loss because of which such threads are created in general to ask why they sell and is it stupidity. Yes off course its stupidity if you are selling the most precious coin of the crypto currency which can benefit you in the future with profits and what it asks for is your "time" and "patience" and nothing much. Im completely aware that there is more than 50% of crowd which falls under such behaviour where they do stupidity of selling the coins to whom we call as weak hands. They are the cause for speeding this selling plague.
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March 31, 2018, 05:51:46 AM
 #227

It can be a stupid decision if the prices go up immediately after the sale. I sold a few of my coins in 2015, when the exchange rate was around $200 per coin. Imagine what I could have done with that many coins.... But then again, I sold a few more coins in December 2017, when the exchange rate was $16,000 per coin. So it all depends on luck....

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March 31, 2018, 06:18:06 AM
 #228

Of course. The price is low now but that doesn't mean that the price will remain like this whole the time. Bitcoin had passed such types of bad situations in past. There was a time when bitcoin was only 700$ or less than that. But it increased. From 700$ it raised to 18k$.
So, if you just analyse the price range of last year then you will clearly understand the nature of bitcoin. When you understand the nature then you will also strongly believe that the price will again be high like before.

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March 31, 2018, 06:20:22 AM
 #229

Most people fail to sell high and buy low, so they often regret, in my opinion, if you are not experts in speculation, it is better to hold and hold. And selling bitcoin is not stupid, selling bitcoin but not buying back is stupid
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March 31, 2018, 06:57:34 AM
 #230

Selling bitcoin is not a good decision in the present time if we check the bitcoin price now then it will clear that now the price is falling regularly and because of the crypto nature bitcoin can start a regular growth in the near future and the crypto is the long term investment and we have to keep patience and wait for the future because we can get good future.

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March 31, 2018, 07:03:19 AM
 #231

I don't think its not stupid when you know the right time to sell bitcoin, but if you suddenly sell bitcoin without knowing the bitcoin price then you can't get more bitcoin but if you save your bitcoin and invest it when time comes that bitcoin is increasing then you are profiting through bitcoin.
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March 31, 2018, 07:06:26 AM
 #232

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.  
As of now its really a stupid decission to sell bitcoin because the value was rapidly decreasing its value.Its better now to hold and wait the moment to rise again.
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March 31, 2018, 07:47:58 AM
 #233

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.  
Currently market is going toward the down and this is really a usual thing in this field for the newbies that they get into panic and sell with loss .
And also here we can see dump in the price of the bitcoin with two side , at one side where we seen that price of one btc was about 25k$ , so chances are better for us to hold and make profit but at another side many people are looking towards the dump in the price and they are only see that what may be the minimum price of bitcoin ( that was below 1$ long time back when it was started) .
So here we just need to tell them with more priority and boldness that we should not take tension with these things , it is a time for us to hold and make profit in future .
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March 31, 2018, 11:36:40 AM
 #234

In this moment, yes it is a stupid decision and it is better if you will just hold and buy more bitcoin and wait for the market to recover and that is when you are going to make some profits and also you avoid being stupid for selling bitcoin for a cheap price. Keep having faith in bitcoin and always believe that the price will go up again since the supply is fixed and very low amount.
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March 31, 2018, 01:37:32 PM
 #235

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.  
As of now its really a stupid decission to sell bitcoin because the value was rapidly decreasing its value.Its better now to hold and wait the moment to rise again.

Well the trick would probably be to avoid looking at the price every hour. It's going to be hard to control yourself once you see your capital being slowly chipped down. First instinct would be to cut losses which is most of the time a newbie mistake.

 
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March 31, 2018, 01:51:27 PM
 #236

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.  

True enough. People shouldn't panic and sell all their bitcoins to "cut their losses". It's plenty more losses if they sell it. You're also right about people not knowing the true nature of bitcoins; that it acts like an unpopable bubble. It's so volatile and it's so massively sought after that it doesn't go boom.

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March 31, 2018, 01:59:32 PM
 #237

This drop is temporary, even though it lasts several  months.

Many experts predict the price to go at 50-100k in the 2020.
These are times to buy, not to sell.

If the price drops now it is a blessing, i would take advantage of it by buying and waiting for the Big Rise 😎

Yes, I agree with you. This Bitcoin price dropping is not permanent. I will not continue. I think this is a blessing for the investor. And I think we should take this great opportunity. We should hold Bitcoin for the long period. Bitcoin will increase very soon. And this time Bitcoin price will reach so high. At the end of this year, Bitcoin price will be $30-$35k.
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March 31, 2018, 02:02:07 PM
 #238

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 31, 2018, 02:07:56 PM
 #239

Its correct but it happens when the market drips people starts selling and try to keep their profit but for long term investment its not good to sell.
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March 31, 2018, 02:10:08 PM
 #240

Knowing the nature of its value, you should be ready when time comes that it drops. If you sell your bitcoin because you are now panicky of its sudden drop then it would be a wrong decision. Try to hold it a bit longer and wait until it becomes higher and you will earn a profit. The that is the perfect time to sell it.
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