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Author Topic: selling bitcoin is a stupid decision ?  (Read 2479 times)
Boov
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April 07, 2018, 11:17:19 PM
 #561

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.  


if you are selling of your bitcoin during the price is in down because of the panic effect i think that's truly correct that's called stupid, one thing i believe to some other people even any kind of negative news coming for bitcoin are continue to stand their principle to hold until the price raised again even their family needs money for the daily lives he's find another option to find money to use for the daily needs.

Yes, I believe that If you tried to sell your bitcoin in low price then that is a stupid decision, it’s also called as panic selling. If the price is low, then hold it. Don’t do ever tried to sell it or use it, because Time will come and the Bitcoin’s price will increase. If that time comes, Then try to sell it. Always assure that you are gaining profit after you sell it.
BETAWI
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April 07, 2018, 11:36:50 PM
 #562

Selling all your bitvoins due to price drop sharply is not a right decision.That may be a panic selling and you will undergo big loss. It still may be wise to sell some of them, the rest you still keep holding for several months or years waiting for price to rise. Your money obtaining from selling some of your btc can be used to buy more btc at lower price. If you still have additional fund, the best decision is buying more and hold them for bigger profit in the long period of time.
freshm4ker
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April 07, 2018, 11:52:29 PM
 #563

Selling bitcoin is a stupid decision, especially if you sell it for fear the price falls drastically. One should also understand that this decline is temporary, the decline itself because people sell their bitcoin holdings. This kind of as a trap people make for themselves. For those who have not yet sold their investment and I must say hold on bitcoin and wait for the big rise to its peak. Cool
cryp24x
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April 08, 2018, 06:30:35 PM
 #564

I think selling Bitcoin at this time is not that stupid. Why? They have also had their own strategy. While Bitcoin goes down every moment, then there will be a time that it reaches its lowest point. Then these traders can buy again using that money from their sold Bitcoins. As to other traders who still have funds (fiat) at this point can buy more Bitcoins and take the opportunity while it is low then wait until Bitcoin rises up again.
crustycrab666
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April 08, 2018, 07:08:54 PM
 #565

Selling bitcoin is a stupid decision, especially if you sell it for fear the price falls drastically. One should also understand that this decline is temporary, the decline itself because people sell their bitcoin holdings. This kind of as a trap people make for themselves. For those who have not yet sold their investment and I must say hold on bitcoin and wait for the big rise to its peak. Cool
That's a relative decision. The benchmark is the BEP. If you really want to sell it does not matter, so if you want to hold it for long-term investments are also allowed. The stupid decision is to sell it just because of panic, especially when the cut loss, if not possible to scalping it better to hold it.

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oni4an
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April 08, 2018, 07:10:28 PM
 #566

Who sows panic and lends itself to it is most likely a beginner. And those people who long ago in the crypt know that it is necessary to keep cool and not succumb to the panic of the masses.
P60
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April 08, 2018, 07:12:37 PM
 #567

Of course you can sell bitcoin at any time, but it is foolish to sell it when the price is low, especially if it is below the cost for which you purchased it. If you are tired of bitcoin - just be patient until prices rise again and sell.
I agree with you. If you will sell your Bitcoin today, it would be a stupid decision because the price is dropping. It tends to give you a low profit; so it is better if you will waif until it gets better.

Gameroid
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April 08, 2018, 07:24:44 PM
 #568

Selling all your bitvoins due to price drop sharply is not a right decision.That may be a panic selling and you will undergo big loss. It still may be wise to sell some of them, the rest you still keep holding for several months or years waiting for price to rise. Your money obtaining from selling some of your btc can be used to buy more btc at lower price. If you still have additional fund, the best decision is buying more and hold them for bigger profit in the long period of time.
Those people who do not have good experience in bitcoin usually sell their bitcoin in panic condition. They should hold their bitcoin and not to sell it in such condition, because the nature of bitcoin is that it can recover its position as fast as it lose its value, therefore it is important to hold your bitcoin and not to sell it.
jack8989
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April 08, 2018, 07:29:19 PM
 #569

People will sell when they're in need of money and you actually can't blame them at all. You will do so if you were them, sometimes they are forced to sell not what they want, they still want to keep their Bitcoins and looking for the huge increasing of Bitcoin but actually they can't, they have to solve their present situations first.

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AltCoinBuddah
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April 08, 2018, 07:33:20 PM
 #570

Selling a bitcoin base on current price, have nothing to do, just that we are all humans. And man need money and as long you have the asset called bitcoin, have nothing to do, rather to sell it off, and solve internal problem facing. Secondly is good to invest Crypto. Mostly on bitcoin and sell at appropriate time.
anhhung409
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April 08, 2018, 07:33:54 PM
 #571

Right. If you decide to sell Bitcoin right now, that's a stupid decision. Its value is quite low, it is a good time to buy. But many sell it, they fear, they have no opinion, they are not clever. Everyone knows that it will increase again but they sell it. This makes the market go down and become unstable

dridinho
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April 08, 2018, 07:34:45 PM
 #572

selling bitcoin is never a bad decision when you sell at a good time ... the bad decision is selling while the price of the bitcoin will rise more , what I want to say is that the time decide if it's a bad or a good decision .
alexsandria
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April 08, 2018, 07:47:53 PM
 #573

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 is not really dumb, neither smart. People are just scared to lose profit. You cant call them dumb, what if bitcoin’s price never really came back up and government around the world bans it? Pretty sure they’d get the last laugh. You are correct though, there’s no need to panic sell everytime the price go down and you cant blame them for selling it. They can still buy and sell coins. It's not the end for the.

Arkham Knight
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April 09, 2018, 08:29:01 AM
 #574

Not at all. You still need to taste the fruit of your hardwork. Spend just a small amount because that is how it used to be and not waiting for many, many years and tightening your budget like crazy.
negrito201
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April 09, 2018, 08:33:00 AM
 #575

hola buen dia muchachos ,depende del punto de vista de cada quien vender o no sus bitcoin
altysha
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April 09, 2018, 08:37:02 AM
 #576

I agree that selling bitcoin is a stupid thing, because I am sure that it will go back  in several months. It would be wise to buy now, when the price is low. And you can get a good profit. I try to be patient and hold my coins.
Rosilito
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April 09, 2018, 08:38:01 AM
 #577

No, why on the earth would it be a bad decision. Selling bitcoin ain't never been a bad decision well, a bad decision would be in the time decision you pick to sell it. Well, because selling bitcoin is a profit so selling it is never been a decision.
danjonbit
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April 09, 2018, 08:42:17 AM
Last edit: April 11, 2018, 01:07:57 AM by danjonbit
 #578

In this time, holding bitcoin is the best idea for now! Or if you have some extra buck you can buy and get more bitcoin in it!
Crypto will recover! I have faith in it. So if that time comes and bitcoin will rise again and be on itself as its highest peak we can go shout how lucky we are we hold bitcoin!
So we go cheers!

THE GREAT DANJON HIMSELF !
dool
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April 09, 2018, 08:46:38 AM
 #579

the price reduction is common in the trade I think, do not be afraid, if you still have bitcoin keep it, I believe the next few years bitcoin price will make you become a wealthy.

chipzeru
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April 09, 2018, 08:57:21 AM
 #580

It depends. If they sell their bitcoin at the right time or because of need, i don't think they are stupid but if they sell their bitcoin because of fud or panic then crypto is not for them.
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