Boov
|
|
April 07, 2018, 11:17:19 PM |
|
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
|
|
April 07, 2018, 11:36:50 PM |
|
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
|
|
April 07, 2018, 11:52:29 PM |
|
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.
|
|
|
|
cryp24x
|
|
April 08, 2018, 06:30:35 PM |
|
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
Full Member
Offline
Activity: 560
Merit: 104
terra-credit.com
|
|
April 08, 2018, 07:08:54 PM |
|
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. 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.
|
|
|
|
oni4an
|
|
April 08, 2018, 07:10:28 PM |
|
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
Full Member
Offline
Activity: 378
Merit: 100
Decentralized Digital Billboards
|
|
April 08, 2018, 07:12:37 PM |
|
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
|
|
April 08, 2018, 07:24:44 PM |
|
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
Member
Offline
Activity: 331
Merit: 10
StartFi
|
|
April 08, 2018, 07:29:19 PM |
|
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.
|
|
|
|
AltCoinBuddah
Member
Offline
Activity: 161
Merit: 10
|
|
April 08, 2018, 07:33:20 PM |
|
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
|
|
April 08, 2018, 07:33:54 PM |
|
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
Newbie
Offline
Activity: 28
Merit: 0
|
|
April 08, 2018, 07:34:45 PM |
|
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
Sr. Member
Offline
Activity: 896
Merit: 268
★777Coin.com★ Fun BTC Casino!
|
|
April 08, 2018, 07:47:53 PM |
|
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
|
|
April 09, 2018, 08:29:01 AM |
|
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
Newbie
Offline
Activity: 1
Merit: 0
|
|
April 09, 2018, 08:33:00 AM |
|
hola buen dia muchachos ,depende del punto de vista de cada quien vender o no sus bitcoin
|
|
|
|
altysha
Jr. Member
Offline
Activity: 76
Merit: 1
|
|
April 09, 2018, 08:37:02 AM |
|
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
Sr. Member
Offline
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
|
|
April 09, 2018, 08:38:01 AM |
|
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
Full Member
Offline
Activity: 364
Merit: 101
DanJoN
|
|
April 09, 2018, 08:42:17 AM Last edit: April 11, 2018, 01:07:57 AM by danjonbit |
|
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
Member
Offline
Activity: 230
Merit: 10
|
|
April 09, 2018, 08:46:38 AM |
|
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
Member
Offline
Activity: 686
Merit: 39
|
|
April 09, 2018, 08:57:21 AM |
|
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.
|
|
|
|
|