Selling bitcoin is a stupid decision ?

[Question123]

Selling bitcoin this day next coming few weeks is not a good Idea, because the price possible to increase again and if you sell today you lose your profit. But if you  hold your bitcoin for more few months you will get more profit. But sometimes selling bitcoin is good because like december 2017 when reach 20,000 dollars and if you sold your bitcoin and look the price and if you still holding you lose more than 50 percent profit.

[Olga1111]

I think that a stupid solution would be to sell bitcoins at a low price, you need to be patient and wait for the rate increase.

[Arawwawala]

Yes.... i thin price of BTC is increase..

[upinros]

Yes, selling Bitcoin at a reasonable price is not a foolish decision. The stupid decision you can make with Bitcoin is that you can sell your Bitcoin for a low price or during a Bitcoin dump. Your sales can be one of the strategies to get fresh money to start a new trade so it really depends on how the user stands.

[Hidden]

people who sell bitcoin in a state that dropped drastically they are people who bodo because they want to lose just so but those who hold bitcoin even though the price continues to fall they are investors who are interested in becoming successful

[wdelius]

Sometimes I can't get the feeling out of my head that the moment I sell my BTC the price will skyrocket up. I really need to shake that lol.

[alex M]

There are so many people who speak that way because bitcoin is a valuable future asset.
Maybe investing in bitcoin requires a lot of strategy and knowledge in the trade, because then you will definitely get the maximum profit.
Sell bitcoin when the price is low, it is a stupid decision, because you can not be patient with the price situation is down.

There are many reasons why people are selling off their coins and I don't think they are all considered stupid. They have all their rights to do sell off, to gain big profits. Some are selling their coins just to resolve emergencies, problem or needs. A sell off can be claim as stupid when all situations are normal and only bitcoin is experiencing a downtrend, because for me selling at cheaper price give you a big loss in your investments.

[Liternyy]

if we talk about the sale to date, this is definitely a stupid and unintended decision that will upset you at least half a year when it will cost $ 17,000 and you will sell for now for $ 6,000

[Sandijoee]

why stupid?
if we need money and we have bitcoin to get money why is it stupid?
if I think humans have the right or decision each because those who have bitcoin so it's up to him to sell or not

[wahyu5]

Indeed, with the declining bitcoin prices that are very sharp makes some people become scared and sell bitcoin they have, and that is a less appropriate decision in my opinion. Some people do not believe that bitcoin will rise in price beyond the highest price ever owned by bitcoin, but I believe bitcoin will rise even higher in the next few years. For that I think be patient and do not be too quick to take the decision to sell bitcoin that we have, because bitcoin prices will surely rise again and we will get big profits someday.

[BelieveInBTC]

We should let the other people do whatever they want as long as they don't blame Bitcoin for their mistake. I understand people selling Bitcoin because they need money but I don't get it why there is so much doubt and fear. Why did they buy Bitcoin in the first place? Because they wanted to earn a lot of money and become millionaires in under a year? That's ridiculous.

[KrakenZ]

If you sell your bitcoin now then it is a very stupid decision. Now, the bitcoin price is falling. If you sell it now then it's the same you kill yourself because you do not get a profit. You will lose. Try to be patient while monitoring the market prices. I'm sure sooner or later, bitcoin prices will go back up though not fantastic, but I'm sure of that. Hopefully,  you are given patience in waiting for luck because if you are in a hurry in making a decision then you will be very sorry later.

[Amafunkiest]

It all depends on the time the coin was sold...

[newbie243]

Each individual has their own strategies for selling bitcoin. I do not approve that selling bitcoin is a stupid action. If ever someone sells their bitcoin when the market price is low that will be a stupid decision. Investing in low market price will be a good decision because sooner the investor can earn a huge profit when the market price will rise up. It all goes down to the person with their prior decision it is advisable that if the market is low then just hold your bitcoin and wait until it will rise up to earn your profit.

Patience is a virtue indeed. Goodluck!

[vidivici]

Selling bitcoin is the wrong decision if you sell the bitcoin because it follows a trend that results in you having “panic sell”. It was a very stupid decision. If you just follow the trend then you are not a smart bitcoin player. Smart bitcoin players always monitor the market and make their own analysis. They are not affected by a trend that could be an issue to bring someone down. Hopefully, we are wiser in becoming a crypto currency player.

[gjtnwls1]

Every people has every different reasons to sell bitcoin. Personally, I wouldn't sell my bitcoin in this kind of market. I would buy more if I can. I see bitcoin as a long term investment.

[crisnel26]

Yes, selling Bitcoin at a reasonable price is not a foolish decision. The stupid decision you can make with Bitcoin is that you can sell your Bitcoin for a low price or during a Bitcoin dump. Your sales can be one of the strategies to get fresh money to start a new trade so it really depends on how the user stands.

I think that this is quite right. If you sell your Bitcoin at a high and somehow reasonable price, then you could not consider it to be stupid. It might be such a waste if you lose your profit when its price is high.

[Pistachiop]

In face of massive rejection and tempting moments, there are a number of people who have lost faith in BTC and chose to cash in instead with a perception that they are cutting on the losses,  Yes , Bitcoin transaction speed has slowed down, Yes Bitcoin transaction fee is high, Yes the mining cost of BTC is higher than most of the coins.  But a midst all these, BTC still remains at the top of the crypto pyramid, if it was fading away then by now the miners would have abandoned their mining activities and moves on to mine other coins but hey haven't. Bitcoin value has dropped not because its being abandoned but because of the normal market forces.  BTC has a chance and the market cap it marshals is a proof of its value and importance, its just a matter of time till it bounces back and it will come back stronger, cashing in therefore  might not be a very good idea.

[xsaints128]

Selling your Bitcoin at the right price is not a stupid decision. Rather, if you haven't sold your BTC at 19000$ then you made the stupid decision because after an increase in price like that, the market is bound to retrace and then you can always buy back at a lower price. Selling your BTC at lower price and then buying back at higher price due to FOMO is a stupid decision.

[dodz031718]

Bitcoin's price falls and goes even below our purchase price.It would be a stupid decision to sell our bitcoins as it always has a tendency to rise after a price decline.This strategy would only suite for bitcoin and not for altcoins where there is no guarantee that it's price would surely increase.I suggest not to sell if there no first priority urgent situation.