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Author Topic: Selling bitcoin is a stupid decision ?  (Read 3399 times)
Rossy Akbar
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June 15, 2018, 08:30:10 AM
 #41

It's not that stupid decision when you were on urgent situation  and when you have anything to use. I don't know is that true if we sell bitcoin like really rush it could make the price down.
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mr-sk
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June 15, 2018, 08:31:00 AM
 #42

It is not that bad, only that selling for those actual prices is not a good idea to be honest, there have been better times to sell all your budget if that is what you are looking for

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June 15, 2018, 08:36:40 AM
 #43

What do you mean selling Bitcoin is a stupid decision? Actually those investors are just doing their part because it's the right decision. When something happen, I'll sell my coins and just move on, and when the storm is gone, I'm just gonna buy back again at the lowest cutting losses and maximizing profit, that's how smart investors are.
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June 15, 2018, 08:38:43 AM
 #44

at the moment selling bitkoin very stupid. Now you need to buy the opposite, I believe that bitkoin will go up and therefore all the free money I invest in bitkoin.
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June 15, 2018, 10:48:39 AM
 #45

What do you mean selling Bitcoin is a stupid decision? Actually those investors are just doing their part because it's the right decision. When something happen, I'll sell my coins and just move on, and when the storm is gone, I'm just gonna buy back again at the lowest cutting losses and maximizing profit, that's how smart investors are.

Yeah, selling bitcoin is not a stupid decision most importantly if you will sell it with profit. But with the current status of bitcoin now, this is really not the right time to sell but it's the right time to buy now.
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June 15, 2018, 11:02:39 AM
 #46

it would only be a stupid decision if you are selling at ridiculous cheap prices that are not sustainable, so just wait and sell later, that is the best thing to do after all

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June 15, 2018, 11:26:14 AM
Last edit: June 15, 2018, 05:51:57 PM by tylerderden
 #47

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
Yes selling bitcoins in a down market like this is a pretty big mistake which most newbies do because they aren't taught what to do in case of a downfall so they look for a way out when the market falls as they panic while watching the value of their holdings going down and sell the coins but they should do it the other way around that is they should sell their coins when the price is at a high when bitcoin is everywhere in the news and all over the internet.
xamxam
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June 15, 2018, 11:35:47 AM
 #48

Everyone  has their own decision regarding this matter, investors or bitcoin holder can decide on their own whether they sell it or hold, we can't say that if someone sell their bitcoin we can judge them and saying bad words, there have their own reason regarding this matter.
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June 15, 2018, 11:53:48 AM
 #49

In my opinion, i will sell bitcoin if the price has gone up and bought when the price drop s and this is the key to profit. If it does not go up then i will decide not to sell the bitcoin i have.

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June 15, 2018, 11:55:10 AM
 #50

Depending on how much money you want and if you NEED it right now. If that's not the case, I wouldn't sell them and just hold until it's 10K.

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June 15, 2018, 03:44:24 PM
 #51

how could I know. Your title is not clear. Didn't you tell me at what price point you bought Bitcoin? How much is sold? Buying and selling are not stupid.
Maestro75
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June 15, 2018, 04:28:07 PM
 #52

No it is not a stupid idea selling bitcoin now or at anytime. You can not hold bitcoin forever. At a point you must sell. At whatever time you sell is the right time, whether you sell with little or much profit or even at a loss, it is still the right time. What matters is what the proceed is used for.
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June 15, 2018, 04:51:01 PM
 #53

selling bitcoin is not always a stupid decision, its depends on the situation and many factors, its like if you sell your bitcoin when the price is down i think it will makes you look stupid because you investing in bitcoin to get a profit its not to get lost, but if you sell it for get the emergency money i think its okay to sell your bitcoin

Beck09
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June 15, 2018, 04:52:21 PM
 #54

Stupid is a strong to use especially concerning someone's decision.

If you need cash, you need to trade the coins you have, so you get it.

And holders who want more need to buy from others. I don't think stupid is a good description of peoples' willingness to do business.
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June 15, 2018, 05:06:18 PM
 #55

Not everyone invested what they can afford to lose. Although that’s the general rule. People make mistakes. Selling at a losing price because one badly needed the money in not stupid.

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June 15, 2018, 05:26:59 PM
 #56

It depends what you're selling for. If it's something that will gain value over time even faster than BTC, why not? If I had 100 coins and the chance to buy a good restaurant or a hotel for it, i'd probably go for it, but if I had to sell for some worthless currency, no, thank you. That said selling in a bear market isn't the best idea. You're going to lose money anyway, unless you manage to sell and quickly buy back more.

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Noctis Connor
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June 15, 2018, 05:28:28 PM
 #57

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
Yes selling bitcoins in a down market like this is a pretty big mistake which most newbies do because they aren't taught what to do in case of a downfall so they look for a way out and sell the coins but they should do it the other way around that is they should sell their coins when the price is at a high when bitcoin is everywhere in the news and all over the internet.

Agreed, selling bitcoin in a down market will gain you nothing, It will be a mistake you will endure when the BTC value rise up, all you need to do at this time is to hodl whatever you have a wait for it to have a profit before selling them into the market, Patience is the key to success in crypto , good decision making will also help to be successful in crypto in any way.
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June 15, 2018, 05:36:21 PM
 #58

If you sell your bitcoins in a higher price i think it is not stupid, you can have a stupid decision if you sell/buy bitcoin in the wrong time.
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June 15, 2018, 05:38:06 PM
 #59

I think selling bit pin is not at all stupid
ngusmin
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June 15, 2018, 05:43:44 PM
 #60

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

Lack of patience will make people panic, become too worried and decide to sell bitcoin. We should be able to think broadly, bitcoin will not die, bitcoin still has the potential to rise from its current fall. all just a matter of time.

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