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Author Topic: Selling bitcoin is a stupid decision ?  (Read 3399 times)
guppak
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June 17, 2018, 02:25:47 PM
 #361

This is the emotional reaction of panic is not stupidity. Panic is natural. Especially if it happens from a beginner. Have never observed the history of bitcoin that "fell" but can "rise" that happens repeatedly from time to time. The mental trader is easily affected by the conditions created in the market. It's natural.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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Magic Sarap
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June 17, 2018, 02:43:23 PM
Last edit: June 18, 2018, 03:23:07 PM by Magic Sarap
 #362

Not every decision to sell bitcoin is stupid, if you do it at a low price, yeah it's so stupid but not if you get a profit. Take your analysis and dont just follow the trend. Some people have their opinions about it
Its not stupid decision to sell bitcoin, specially when the price is reasonable. But sometimes we need to sell it even if the price is low considering that we need money to support our financial needs and other important things. Stupid is when you do panic selling.

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kerjakuat
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June 17, 2018, 02:46:37 PM
 #363

it will be not stupid to sell bitcoin if it on profit. but if it in lose then it will be stupid. depend on the situation on what you need to sell or buy bitcoin. if you think it gonna drop more then it is wise to sell and buy it more low. for me i would hold it and buy more till the market are recover itself.

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Gotumoot
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June 17, 2018, 02:52:40 PM
 #364

Not every decision to sell bitcoin is stupid, if you do it at a low price, yeah it's so stupid but not if you get a profit. Take your analysis and dont just follow the trend. Some people have their opinions about it
The word stupid is too much, maybe wrong decision, but we are not in the place to judged their decisoin, maybe they really needed the money. Let them be, because its their bitcoin, and its their decision. Respect others, so that you will be respected. What if you're in their position. Will you be happy being judged. If you get it, then you're a matured person, and i think you're a wise investor.
andylioe78
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June 17, 2018, 02:56:11 PM
 #365

The stupid decision you can make with bitcoin is that you can sell bitcoin at a low price or during a bitcoin dump. Actually a bitcoin is like another coin so the price can be high and low.
Bosx1ne
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June 17, 2018, 03:01:01 PM
 #366

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
It can be stupid decision if you will sell all of your bitcoins, it is better if you will wait the right time to sell all of your bitcoins for you to make more money. As a investor, we should have patience to what the right timing to sell our bitcoins.

Mr.John19
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June 17, 2018, 03:10:49 PM
 #367

If you offer your bitcoin on the plunge that is a slight moronic choice. Sell your bitcoin because of crisis that is the extensive reason even we realize that offering contributes at the cost to gets drop. It will rely upon the reason of the individual. But on this minute the best activity until further notice is simply to hold your bitcoin and don't lose trust that bitcoin will recuperate its value soon. I know to wait for the value increment isn't simple. Spotlight on the others stuff to diminish the weariness.
DemiGodKaido
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June 17, 2018, 03:53:52 PM
 #368

Bitcoin is just like any other coin. The price goes up and down. So selling a bitcoin when the its price goes up is a stupid decision? I dont think that that is a stupid decision. It is a great opportunity for you to sell your bitcoin in those time cause you can get big benefits from it. It can give you a huge amount of money especially if you know how to sell it at a right time. So if you’re saying that it’s stupid to sell bitcoin, i think your idea is the one that is stupid.
Zigzagkuy
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June 17, 2018, 04:05:47 PM
 #369

That's not a stupid decision. Everyone has the right to sell it. They sell for urgent needs I think. So we do not have to oppose them if they sell bitcoins. And do not worry to people selling their bitcoins.
ynclksnr321
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June 17, 2018, 04:14:58 PM
 #370

it may be a really unreasonable choice for the moment. Already the altcoin's have lost their bitcoin value. On a possible rise, all the sellers will regret it.
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June 17, 2018, 04:17:44 PM
 #371

To be honest, it depends on the investor and differs from person to person to classify a decision as the wise or stupid. I think that one should never make any decision based on others opinion and to his own research because Crypto is all about self-responsibility and one should come up and take this responsibility if he is expecting something from the market. I have lost my entire capital multiple times in my initial days of trading when I used to trade based on others opinion so I would never recommend anyone to follow strategies of other investors.
jozymens7
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June 17, 2018, 04:19:24 PM
 #372

This decision is based on the individual. If someone sets the price he wants and sells it, it doenst mean he is stupid. Also if someone needs an emergency money and sells his BTC it does not show any form of stupidity.

brownaxe20
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June 17, 2018, 04:47:19 PM
 #373

Everyone has his/her own plan for investments in cryptocurrency like bitcoin. He may be a day trader or someone who holds for long as if he or she is saving in a bank. This is an individual action which we cannot prevent as we are entitled to our own rights. It might be a stupid decision yet we cannot blamed them for that and for bitcoins volatility. We should respect the rights of others. Promoting the use of bitcoin is a key to solve problems of volatility.
dongyi17
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June 17, 2018, 05:04:53 PM
 #374

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

Selling bitcoin in lower price is not good decision, definitely you have no earning in this decision, but if the bitcoin is higher than you bought, its fine to sell it and you have earn a profit. if is Bitcoin low, buy it..but if bitcoin is high sell it,, as simple as it is.

spartan82
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June 17, 2018, 05:22:05 PM
 #375


Most of the people get more ideas from bitcoin. Bitcoin is future digital currency. So it any time to change the price. its really not stupid. If you get more money than the time you bought your coins since you profit from it its not really a stupid decisions. As of now the value of bitcoin decreased so this is the best time to buy bitcoin then sell or hold.
Kiss me
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June 17, 2018, 05:22:43 PM
 #376

Most of the people sell in panic when prices are decreasing. If someone has patience ,  there are very less chance of loosing money.




I think you'd rather advise you to learn more about trading strategies so you'll be more effective.
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.
cryptolet
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June 17, 2018, 05:34:26 PM
 #377

It is a personal decision depending on what the individual want to achieve. If the price improves and the individual wants to sell fine, there is stupidity in selling bitcoin.
Lesterus
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June 17, 2018, 05:39:14 PM
 #378

Not every decision to sell bitcoin is stupid, if you do it at a low price, yeah it's so stupid but not if you get a profit. Take your analysis and dont just follow the trend. Some people have their opinions about it

Yes good analysis helps a lot and dumping bitcoin is not good decision cause I believe that Bitcoin will rise after of its big decreased, there are many factors that bitcoin falls and we should've know this to not make bad decisions.
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June 17, 2018, 05:51:32 PM
 #379

Means of circulation can be called an asset recognized by all members of society, which acts as an intermediary between different types of goods, and means of payment is the ability of such an asset to easily provide a mass settlement for any other assets. The ability to conduct a one-time deal for the sale of something with bitcoins does not mean that they are already money. I think that it is not stupid but risky
saumang2m
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June 17, 2018, 06:07:11 PM
 #380

There is nothing stupid in selling Bitcoin. Just have to take the decision to sell Bitcoin at the right time. Because Bitcoin price keeps changing every day. People who decision to sell their coin without a Bitcoin price check. Their decision is wrong.

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