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Author Topic: Selling bitcoin is a stupid decision ?  (Read 3402 times)
vorobev
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June 20, 2018, 03:45:10 AM
 #521

I will not say that it is stupid decision, the person selling it may be having some urgent requirement. Actually, investing all savings in bitcoins is stupid which results in situations like selling in loss.
CurrencyIntel
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June 20, 2018, 03:50:41 AM
 #522

It is actually. Everyone wants to get profit from a investment. The price is not so good right now then why sell?
In January 2017, the value of bitcoin was just $900. By mid-December, it hit an all-time high of almost $20,000. It is the nature of bitcoin. So, don't tense about it, stay with it. Besides that, some cryptocurrency experts recommend cashing in a portion of your bitcoin now, especially if you're risk-averse or have pressing financial needs.
Piggymonster
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June 20, 2018, 03:54:08 AM
 #523

Yes, it's true selling bitcoin is a stupid decision. Didn't they know that it is a very valuable asset of today. It will be the universal currency of the future so from this moment on, start collecting bitcoins.
Indai24
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June 20, 2018, 03:57:24 AM
 #524

Yes, it's true selling bitcoin is a stupid decision. Didn't they know that it is a very valuable asset of today. It will be the universal currency of the future so from this moment on, start collecting bitcoins.

Well, as if they have a choice? mostly these people are the ones who badly need their funds and we can't blame them. Who wants to fail, no one right? This is one of the main reasons why other people made some stupid decisions.
kencot
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June 20, 2018, 04:00:41 AM
 #525

In investing in bitcoin each person has his own strategy. When deciding to sell, then it is tailored to their needs. I think that's not a stupid decision, it's just that everyone's needs are different. Only the person himself can judge whether it is good or bad to self-identify. The good in our opinion is not necessarily good according to others. Let's respect each other.
fedosee
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June 20, 2018, 04:36:51 AM
 #526

If someone has invested in bitcoin at $15k level or up, he might not be patient enough to wait for it it recover. With the current pace, it may take more than an year, so those people will sell only.
travieso
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June 20, 2018, 04:47:05 AM
 #527

selling bitcoin is a stupid decision if we sell it now, no stupid decision if we sell bitcoin profit
Ethan Argu
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June 20, 2018, 04:51:14 AM
 #528

Probably not because if they needed to sell because it has a huge value they probably sell it or for Emergency that they want a instant money , we did'nt know why they sell it. All i know it has cause for themselves or for thier family, or for thier education. This is not a stupid thing it is to find your resource for the things you will needed so they have a reason to sell it for thier own good.

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June 20, 2018, 04:52:13 AM
 #529

it is true that you say, I also think that people who sell bitcoin at this time for any reason including because of panic and do cutloss is a very stupid person

nalinpuri
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June 20, 2018, 04:55:39 AM
 #530

Bro it depends on the person who has that bitcoin whether to hodl or sell.Price can get high or low besides this situation too.Its in a cryptocurrency nature.
Singbatak
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June 20, 2018, 05:48:26 AM
 #531

In fact, it's just a shame, Because we all know that the value of bitcoins is today and we are losing the size of our losses when we sell. But we do not know what other people reason why they sell. All we have to do is to understand them. There are many reasons each one of us so this is not stupid desicions, because they can really need the money.
Rose119
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June 20, 2018, 05:52:21 AM
 #532

Yes, it's true selling bitcoin is a stupid decision. Didn't they know that it is a very valuable asset of today. It will be the universal currency of the future so from this moment on, start collecting bitcoins.

Well, as if they have a choice? mostly these people are the ones who badly need their funds and we can't blame them. Who wants to fail, no one right? This is one of the main reasons why other people made some stupid decisions.

In this situation that bitcoin price are very low if you sell your bitcoin is really a bad decision, but if you don't have any choice because you need money well it's ok to sell it but don't regret when bitcoin price increase again.
sulec70
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June 20, 2018, 05:59:54 AM
 #533

Actually bitcoin is like others coin so its price can be high and low. So if people see that the price of bitcoin is high so they can sell. They can save something for the future also. There is nothing as stupid decision.
Selling bitcoin to take profit is not a stupid decision. That is a wise decision to take profit as people invest money to get profit. Selling bitcoin can be  taking profit or cutting loss or minimizing loss and later can buy again at lower price. That is one way we can take to control risk instead of holding for longer time.
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June 20, 2018, 07:02:52 AM
 #534

You bought bitcoin at the high price then you sell at the low price that's the stupid decision I think or maybe not just cut losses, but selling bitcoin gained profit not a bad decision, well we have own strategy how we are earn bitcoin.
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June 20, 2018, 07:28:41 AM
 #535

I think it will be the stupidest thing to do right now. The market is still recovering from many things and we may see an uptrend soon, my worry is about altcoin because they may fall hard once BTC rises.

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Bonnie Cleary
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June 20, 2018, 07:35:47 AM
 #536

I thinks yes but don't worry purchase again. Cheesy Cheesy but i tell you one thing bitcoin it just a bitcoin and value of bitcoin not fixed its daily up and down.so don't worry.
player1001101001
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June 20, 2018, 07:50:39 AM
 #537

I think selling and buying decision of bitcoin is depend upon basic fundamental. Its all about timing if the price of bitcoin is going to upward direction then sell it and if it will going to downward direction then buy it. With the use of this basic fundamental you can make profit.

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ggugoienpai
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June 20, 2018, 07:53:05 AM
 #538

Yes, this is a foolish decision. Although many people think that the price of bitcoin is very high now, I think bitcoin will definitely increase in the future.
twostepsally
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June 20, 2018, 07:58:19 AM
 #539

Yes, this is a foolish decision. Although many people think that the price of bitcoin is very high now, I think bitcoin will definitely increase in the future.

Most of the people do that mistakes. So people get more loss. People before start the any process. First learn the information. Then invest. Before buy and sell you know the all coin price list. Coin price is not stable.  So it any time to change the price. If want for the price information check the market place day by day. Then easy to get the price list every day. It good future saving. So hold it. Then sell.
ys fs
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June 20, 2018, 08:05:09 AM
 #540

why should it be a stupid decision? if it is used as an economic necessity, then it is called a very wise decision, do not consider selling bitcoin a stupid decision......... Angry
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