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Author Topic: selling bitcoin is a stupid decision ?  (Read 2458 times)
Jessy Mediola
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April 09, 2018, 01:22:19 PM
 #601

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 😎
Selling bitcoin is not a stupid decision if there has a acceptable reason of course. Yes, drops is temporary and it will go back to its high value you just need to wait. And if btc user decides to sell his bitcoin not because the value drops but because he really needs it, then that is a good decision. He sacrifice a possible amount to get what he need now. That will be only stupid if they just sell it without reason.

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wall101
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April 09, 2018, 01:38:17 PM
 #602

yes you are right because if you sell today you will not be worth losing yourself because the bitcoin price is so low now that you have to do now to invest to earn as its price rises.
Broesel
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April 09, 2018, 01:44:32 PM
 #603

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 😎
Selling bitcoin is not a stupid decision if there has a acceptable reason of course. Yes, drops is temporary and it will go back to its high value you just need to wait. And if btc user decides to sell his bitcoin not because the value drops but because he really needs it, then that is a good decision. He sacrifice a possible amount to get what he need now. That will be only stupid if they just sell it without reason.

Thats why you should never invest money into crypto (or stocks for that matter) that you need. You can see it on the stock market every day that people sell with a loss, because they need the money RIGHT NOW. And this is a tipical error for people who are not thinking ahead (unless they need the money due to unforseen circumstances of course). But in general one needs money for the daily expenses (rent, food, gas,....) for the not so daily expenses (holidays, washing machine,...) and for ones retirement (savings). And when there is still some money left one does not throw out the window for useless crap, then, and only then, this money should be invsted in crypto or other high risk assets IMHO.

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April 09, 2018, 01:44:43 PM
 #604

All we have to do now is to save all the coins we have, including bitcoin. We do trade of course want to profit. If we sell coin now, of course we will lose.
It is not right that we sell coins in these conditions.
sakuragi21
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April 09, 2018, 01:44:50 PM
 #605

Of course, if today's bitcoin sells today you will definitely lose money because of its low price so you have to wait for the bitcoin price to increase you to earn a lot of money.
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April 09, 2018, 01:46:30 PM
 #606

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 that's a stupid decision. Sometimes you should sell Bitcoin while the market is red, you will save a lot of money and when the price is very low, you should buy Bitcoin then you will have more Bitcoin.
Gheka
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April 09, 2018, 02:09:48 PM
 #607

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.  

Correct! selling bitcoin now is very bad decision because the value of it nowadays is too low. Before the value of bitcoin is more than 7,000 USD but now in short perion of time the value of bitcoin fall to almost 6,500 USD. Meaning, if you buy in the price of 7,000 USD and now you panic and sell it you lose a lot of money. Panic is not good today instead patience will diff.
Well, if we fall into panic and buy high then sell low bitcoin, that would really be a stupid decision because the value of bitcoin is always more likely to exceed the price we buy, sell based on feelings of panic, it is never a good idea, we just become farce for professional investors. So as long as we sell our bitcoin at a price higher than the price we buy, it will never be a stupid decision, but if we are in need of money or fall into an emergency, and the price of bitcoin at that time is low, we should borrow money to solve that problem, instead of selling bitcoin, should not decide to sell in a hurry, it just makes us regret

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Kurokonobasuke
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April 09, 2018, 02:15:52 PM
 #608

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.  
Well, it won't always be a bad decision especially if an individual has his own reason of doing such thing. They might be really in need of money which forced them to do so. But if they are not,and they just sold due to panic, well that I think is a bad decision because we should all be awared that dumps are not permanent,and that recovery will eventually happen. Just keep in mind that whenever the market value is falling, holding is the best thing to do.

xDsoGood
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April 09, 2018, 02:17:24 PM
 #609

It will be a stupid decision if you sell it now, because the value of bitcoin is very low. If everyone will observe on the prices that bitcoin gone through you will believe that bitcoin will have a comeback or it will regain it's high price in the market. So please don't panic when bitcoin is decreasing. Many people said that it's just normal.
soname12
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April 09, 2018, 02:19:53 PM
 #610

Stupid people are often afraid of market fluctuations, fear of risk and sell them when they are scared. Sell Bitcoin when the market goes down considering it's the best option and then buys it when it comes up stupidly.  Grin Grin Grin Grin

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bellator66
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April 09, 2018, 02:25:23 PM
 #611


Truly the traders will want to make a profit.
If the selling price is lower than the purchase price, what is this possible we do ?.
It is an act of waste of time and money if we keep doing it. Because it is wrong and stupid.
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April 09, 2018, 02:35:55 PM
 #612

Actually not a stupid things to sell Btc .If you want to need money or other things which is more related with money and then you don't manage it without selling Btc then you have to sell this.So it doesn't stupid decision for all perspective.Though the price is still low

bitcoinminer45678
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April 09, 2018, 02:42:53 PM
 #613

Keep your fingers away from the sell buttons and hodl, people! We will see another rise of crypto in the future. Everything comes in waves and we are at the bottom of a wave right now. When regulations and taxation laws are stable and in place things will look brighter for crypto again because the investors will come back.
Selling bitcoin all of a sudden very risky thing that you need to observed very carefully. Because if you buy bitcoin while price drops I am sure that your money was risked. And for people panic selling bitcoin is also risked their investment. For my opinion we need to thing 2 to 3x before sell our bitcoin or before buy. This time for me, Its better to buy and hold for a long day or months in order to earn money in the future.
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April 09, 2018, 02:49:00 PM
 #614

depends on the price you have bought it for, though I would recommend to hold for a while
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April 09, 2018, 02:49:38 PM
 #615

Not at all because if you will sell it to gain a very big income means a smart decision. Imagine someone buying bitcoin at a very low price and then sells it at a high price and then buys again at lower price and sell again at higher price. It's going on a repeat, on and on. I don't think that sounds stupid at all.

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April 09, 2018, 02:51:24 PM
 #616

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 that's a stupid decision. Sometimes you should sell Bitcoin while the market is red, you will save a lot of money and when the price is very low, you should buy Bitcoin then you will have more Bitcoin.

I agree with your opinion. Most people trade as often as you say. People buy low and sell high then sell again and wait for low price to buy. These are the basic methods of the trader
kikoy999
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April 09, 2018, 02:51:46 PM
 #617

yes, it's a mistake to make a bitcoin selling today because of its very low price now and I'm sure that you're going to lose a lot if you sell bitcoin.

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April 09, 2018, 02:53:16 PM
 #618

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.  

Yes, you are right. The fall of bitcoin is normal, because bitcoin prices are determined by the market, bitcoin can increase and fall at any time. We should be aware of it, so it would be the worst choice if selling bitcoins at low prices for fear of bitcoin will die.
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April 09, 2018, 02:55:09 PM
 #619

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.  
You are the fool. Your lawsuit is completely wrong. If no one sells bitcoin while the bitcoin price is going down then that person will have to lose some money if the bitcoin price does not rise again.
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April 09, 2018, 03:19:50 PM
 #620

Selling bitcoin is not always stupid decision. It depends on person to person. Every people have a different way of thinking. Some may have the power to use the volatility of price and to make profit. On the other hand some may wants to make a investment for a larger period of time to make a big profit. So the first one wants to trade it frequently.
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