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Author Topic: selling bitcoin is a stupid decision ?  (Read 2458 times)
romecheo
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April 20, 2018, 03:00:17 PM
 #701

When you bought Bitcoin last December of 2017 and sold it within in the month of January till today, you may lost more than a half of your investment, why someone choose to do that.

In these time, patience is a requirements.  

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Moneypham5
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April 20, 2018, 03:03:59 PM
 #702

Bitcoin has fallen 30% this year to the present. The question of one million dollars is whether it is reduced again? If you just look at the price action on the chart, Bitcoin is traded below the moving average, signaling a downward momentum. The time that Bitcoin fell below $ 9,000, has signaled that this is a real shock to the crypto market. $ 7,500 - $ 7,800 is an important price range and if its value falls below this level, it will probably go down to $ 5922, the bottom of the day. 6. Buy, sell or hold? I will keep the coin in the moment to see how the price action evolves compared to the price point mentioned above
Drakula
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April 20, 2018, 03:21:36 PM
 #703

Selling Bitcoin is not a stupid decision, it is just a matter of time; when will you sell your coins, if you will sell it now, you only get low profit. But if you will wait longer, you can get a huge profit.
JRoa
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April 20, 2018, 03:24:37 PM
 #704

Most of us are aware to what is the benefits that we can get if we hold our bitcoins. Holding is important because bitcoin is becoming more stronger and more valuable than before. We should hold our bitcoins for us to have better future.

Gudhal Untu
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April 20, 2018, 03:33:03 PM
 #705

This is certainly depends on many conditions and situations, we can not blame people to sell bitcoin because they have no other choice, I also never do that because some time ago I was in dire need of money and I sell bitcoin even at a cheap price.
siddu1
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April 20, 2018, 03:34:01 PM
 #706

No, selling Bitcoin is not a stupid decisions at all. Bitcoin is the most valuable coin. we can earn a good amount of profit if we buy Bitcoin at a lower rate and sell them at a good rate. so selling Bitcoin is a good decision. on the other hand if we sell our Bitcoin when the price of Bitcoin is low then this decision will be a stupid decision.
Phil419She
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April 20, 2018, 04:00:27 PM
 #707

Well not everytime selling bitcoin or any other altcoin is a stupid decision. Some has even profited in that case by trading. I even myself have double my money in bitcoin just by buying and selling these few weeks, so cant really say its stupid. What is stupid is when you hold when the price is going down, and when its in the bottom you sell.

BCSHonda
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April 20, 2018, 04:05:53 PM
 #708

You should not sell bitcoin right now, because bitcoin prices are slowly rising but they are still low. You should continue to wait for higher bitcoin prices to be able to earn higher incomes in the future. If you have money I think you should buy extra bitcoin on your wallet, this is a good opportunity for you to long term bitcoin business.
chirst adam94
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April 20, 2018, 04:09:47 PM
 #709

yep i think so too, 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..
cryptoblue77
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April 20, 2018, 04:10:10 PM
 #710

In the present circumstances, it is not wise to sell bitcoin. It is getting a lot of investors attention all around the globe, so the demand is increasing with each passing days. As a result, the price would continue to increase in the coming days and months.

hundi.online
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April 20, 2018, 04:13:07 PM
 #711

Same story. Who cares that for one Bitcoin you couldn't buy even a pack of gum and now it gets you 500 pizzas.
Fairy_90
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April 20, 2018, 04:14:54 PM
 #712

With skilful investors buying BTC before, BTG is indeed "free money", besides, those who buy BTC at the top of $ 6000 to get BTG are now regretting the FOMO own.At the present time, most of the exchanges are BTG (those with Bitcoins at the time of the fork will receive the BTG respectively). In addition, due to the limited notification and lack of security (ie no replay protection in the code), most trading floors are not allowed to trade BTG currency pairs. However, there are some trading floors for BTG communication, including some large volume such as Bitfinex, HitBTC, Binance, Yobit.
updated bitcoin gold Although hard fork is considered to have been successful with a lackluster history and limited information such as Bitcoin Gold, the future of the money is still not guaranteed.
Udrujec
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April 20, 2018, 04:23:52 PM
 #713

The price of bitcoin is constantly fluctuating, and every drop is temporary. The cost will soon recover, and it is very foolish to sell bitcoin at such a low price.

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vendy86
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April 20, 2018, 04:39:28 PM
 #714

aorry i disagree with you.
for me selling is not a stupid decision as long i get profit from it.
sell and buy was a part from trading.and nothing wrong with that.

vergel24official
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April 20, 2018, 04:44:02 PM
 #715

Your credit card is approved instantly but it isn't settled until months later. If someone pays you and you find out later it was a fraudulent card, you're out of luck! Bitcoin clears in 10 minutes and then it's irreversible forever. Look up the Lightning Network. With this technology next year bitcoin transactions can be instant. Bitcoin and other cryptocurrencies are valuable to me because it allows me to store money outside of the traditional financial system free from inflationary central banks and other monetary shenanigans. That being said, things are in a mania at the moment so don't invest what you can't afford to lose.
Yourlover
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April 20, 2018, 04:45:39 PM
 #716

Sometimes yes and sometimes no it is always depends on man's strategy bro but its quite sure to the weak investors.

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sumit2103
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April 20, 2018, 04:47:57 PM
 #717

Bitcoin investment need a lot of patience. Also the potential gains are higher than potential loss. There is no need to cut the losses in hurry. I have read so many posts saying that bitcoin is a long term investment. Invest in btc and forget about it for some time. Right now the prices are going down but the btc is growing globally apart from the negativity in the market.
Mokter
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April 20, 2018, 04:56:58 PM
 #718

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 😎
Your strategy is good. Bitcoin price is lucrative now to buy. In comparison with the demand and future potential of bitcoin, it is under valued undoubtedly. Yet, if somebody wants to sell bitcoin and buy back again to lock short term gain, we can't claim it as a stupid decision. May be he wants to stop loss or lock short term profit
etin06
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April 20, 2018, 05:02:35 PM
 #719

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.  

Some people can decided to sell because they are still in profit. A lot of us bought btc below $1k last year beginning.  If we sell now it's still more than x8 profit
IsabelCornd
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April 20, 2018, 05:10:06 PM
 #720

It's not stupid when you need money , in other cases better to wait because price can start increasing extreamly fast at any time so would be nice to sell bitcoins later.
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