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Author Topic: Selling bitcoin is a stupid decision ?  (Read 3399 times)
gelaskopi
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June 16, 2018, 03:55:50 PM
 #221

Better not to sell bitcoin if you do not get a profit, let alone sell bitcoin with a loss. There are some people who sell bitcoin for fear of falling bitcoin prices that can cause them to lose more, eventually they sell bitcoin with a loss. Of course selling bitcoin with a loss is a foolish decision, because in fact we will never lose by storing bitcoin for a long time and waiting patiently for profit through bitcoin investment. Because bitcoin prices will not always go up and also will not forever go down, for that we should be patient waiting for price increases if we want to sell bitcoin that we have, so that we benefit.
Waiting isn't an easy job, then we must find a way to distract ourselves from the red market conditions. We can learn to find out the reasons why bitcoin can go down in price. what issues can cause such an event. By knowing such a thing, I think it will help. You can try to googling, something like this already exists and bitcoin can rise afterwards. Our particular concern is if the reasons for such downs have never existed in the history of bitcoin.

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June 16, 2018, 04:00:45 PM
 #222

Selling Bitcoin would always be a stupid decision, because the price could be always higher. But there are people who just don't want to invest anymore and they are retiring, for an example, people who bought Bitcoins for $1 each don't need to wait anymore, they are already rich and they can retire.

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damort
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June 16, 2018, 04:07:36 PM
 #223

I do no longer see some thing incorrect in promoting bitcoin,we are unfastened to decide whilst to preserve our investments
We maintain the important thing for our success though we are all saying that we need to hodl our coins however there are investor pick to have short time period investments.they're the humans who've tons less endurance,within the occasion that they promote inside the sense that it's miles truly desired for emergency purposes and now not approximately Fuds or fee votality that is very large.we all favored right right here to earnings and if someone choose to promote their cash then they are the simplest accountable of their actions and as tgey take danger on making an funding they probable understand the approach even as to profits.  Grin Grin Grin Grin
No decision is a stupid one. You sell it, of course you have the reason to do that. But McAfee is really really really confident about his decision and thinking about BTC will reach 10000$ again, I think it can be a clue to wait for BTC to be risen again.
rightway00372018
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June 16, 2018, 04:12:28 PM
 #224

I do no longer see some thing incorrect in promoting bitcoin,we are unfastened to decide whilst to preserve our investments
We maintain the important thing for our success though we are all saying that we need to hodl our coins however there are investor pick to have short time period investments.they're the humans who've tons less endurance,within the occasion that they promote inside the sense that it's miles truly desired for emergency purposes and now not approximately Fuds or fee votality that is very large.we all favored right right here to earnings and if someone choose to promote their cash then they are the simplest accountable of their actions and as tgey take danger on making an funding they probable understand the approach even as to profits.  Grin Grin Grin Grin
I believed selling bitcoin is not a stupid decision and people sometimes is forced to sell due to financial needs of the family they can't afford for bitcoin to rise before selling it most especially if it is for medical payments.
biboy
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June 16, 2018, 04:16:40 PM
 #225

Selling Bitcoin would always be a stupid decision, because the price could be always higher. But there are people who just don't want to invest anymore and they are retiring, for an example, people who bought Bitcoins for $1 each don't need to wait anymore, they are already rich and they can retire.
It is not a stupid thing since we do have different targets and aim in our life, let us just respect each others decisions with their investment, as they should learn by it if they thought they loss their investment by selling at early time, but don't hate them let us just inform them and teach them the right thing.
emezh10
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June 16, 2018, 04:17:53 PM
 #226

Selling bitcoin is not a bad option for us if we decide it and we needed it. In trading we can make all type of transaction a good one if we learn how to trade, and trading is very simple we need to buy when the price is low and sell when the price rises. It is a cycle that could help us to gain profit and make a better investment in terms of earning in a active trading and holding.
insikko0413
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June 16, 2018, 04:20:05 PM
 #227

I do no longer see some thing incorrect in promoting bitcoin,we are unfastened to decide whilst to preserve our investments
We maintain the important thing for our success though we are all saying that we need to hodl our coins however there are investor pick to have short time period investments.they're the humans who've tons less endurance,within the occasion that they promote inside the sense that it's miles truly desired for emergency purposes and now not approximately Fuds or fee votality that is very large.we all favored right right here to earnings and if someone choose to promote their cash then they are the simplest accountable of their actions and as tgey take danger on making an funding they probable understand the approach even as to profits.  Grin Grin Grin Grin

I think stupid decision are those people who are selling without reason but selling due to urgent needs of financial is really a good decision that no one can question because we are doing  investment just to provide a better future of our family and to keep their health in very good condition.
cmacwiz
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June 16, 2018, 04:23:54 PM
 #228

I do no longer see some thing incorrect in promoting bitcoin,we are unfastened to decide whilst to preserve our investments
We maintain the important thing for our success though we are all saying that we need to hodl our coins however there are investor pick to have short time period investments.they're the humans who've tons less endurance,within the occasion that they promote inside the sense that it's miles truly desired for emergency purposes and now not approximately Fuds or fee votality that is very large.we all favored right right here to earnings and if someone choose to promote their cash then they are the simplest accountable of their actions and as tgey take danger on making an funding they probable understand the approach even as to profits.  Grin Grin Grin Grin
No decision is a stupid one. You sell it, of course you have the reason to do that. But McAfee is really really really confident about his decision and thinking about BTC will reach 10000$ again, I think it can be a clue to wait for BTC to be risen again.
Yes it is a very stupid decision to sell any of your bitcoins.Bitcoin is very valuable and most expensive cryptocurrency in the market.Bitcoin is an easy way to earn a lot of money.Bitcoin is the best option for investment purposes in today's date as the price is rising and it will give huge profits.If someone has some bitcoins then one should definitely hold their bitcoins for future price rise as they can earn big amounts of money and profit.But for this one needs to have a lot of paitence.
Marlo Stanfield
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June 16, 2018, 04:25:19 PM
 #229

I do no longer see some thing incorrect in promoting bitcoin,we are unfastened to decide whilst to preserve our investments
We maintain the important thing for our success though we are all saying that we need to hodl our coins however there are investor pick to have short time period investments.they're the humans who've tons less endurance,within the occasion that they promote inside the sense that it's miles truly desired for emergency purposes and now not approximately Fuds or fee votality that is very large.we all favored right right here to earnings and if someone choose to promote their cash then they are the simplest accountable of their actions and as tgey take danger on making an funding they probable understand the approach even as to profits.  Grin Grin Grin Grin

I think stupid decision are those people who are selling without reason but selling due to urgent needs of financial is really a good decision that no one can question because we are doing  investment just to provide a better future of our family and to keep their health in very good condition.

If you need to sell because of some urgent financial problem that probably means you are overextended to begin with. If you only keep a certain percent of your net worth invested, I don't think that should happen. But this also means that you need to sell some when you exceed your percentage threshold.
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June 16, 2018, 04:26:42 PM
 #230

i have to says people who save bitcoin for long term very less rather than people who only short trading and sell bitcoin is not always stupid decission because it depend on their own reasons that if people sell their bitcoin because achieve their profit target then that will good but maybe those who sell their bitcoin and be parts of panic sell it can be called as bad decission

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domari
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June 16, 2018, 04:33:47 PM
 #231

I think that can not be said to be stupid. They have a principle and the same as us bitcoin holders. So if they need money then they have to sell it. everything will meet their needs.
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June 16, 2018, 04:36:09 PM
 #232

bitcoin has a significant change in a fast time.

then it takes a good thought of the right time in selling or buying bitcoin.

then we can not mention that selling at the moment is a good decision, who we sell bitcoin at the right time when the bitcoin price is high.
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June 16, 2018, 04:58:08 PM
 #233

It would be wrong to conclude that selling your bitcoin is a stupid decision. It all depends on the instance and time you are selling it. If bitcoin is gradually dropping beyond the amount you bought it, it will be a mistake to still keep it else you will incur an unnecessary cost. Is better you sell it when you see that you are eating into your principal. I consider hodl to be the best option when it is rising and you really don't need the money now.
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June 16, 2018, 06:03:23 PM
 #234

It depends on what people think on how they sell their bitcoin. Of course, if the price of the bitcoin is low why would you sell it? You can sell your bitcoin if the price of the bitcoin is higher than normal. Its much better to sell it. Its stupidity if you think that you can sell it when the price is low. But also it depends on the user on how will they do to their bitcoin. Its either they invest it to be part of the future or to do some advice to trade or transact it so that you will become more effective
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June 16, 2018, 06:07:07 PM
 #235

I think this is not a stupid decision. They sell for their own desires because of a need. I think it is the right choice. And do not sell bitcoin due to panic will decrease, it may be said to be stupid.
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June 16, 2018, 06:21:52 PM
 #236

Bitcoin is a product of buying and selling process, which every body that are into crypto currency normal do. Because is not stupid decision, because every crypto business has been 18years and above, as long it know when is good to get profit from the initial cash invested.
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June 16, 2018, 06:24:31 PM
 #237

Most of the people sell in panic when prices are decreasing. If someone has patience ,  there are very less chance of loosing money.
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June 16, 2018, 07:42:05 PM
 #238

everyone has their own decision even it hold or sell their bitcoin and selling bitcoin is not stupid decision because they must have a reason why they decided to sell their bitcoin. people who do panic selling is they are that have not enough knowledge about crypto and when they do that I believe they will learn about the situation and will avoid to make the same mistake in the future.
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June 16, 2018, 07:56:07 PM
 #239

I won't support that statement I don't think selling bitcoin is a bad idea because everyone has is own reason for selling. As we all know that price goes up and down. So someone might just decide to sell high while the one that doesn't understand how market work will sell low.
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June 16, 2018, 07:58:06 PM
 #240

I think it is not stupid if we already get enough profit
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