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Author Topic: Selling bitcoin is a stupid decision ?  (Read 3399 times)
bryle10
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June 20, 2018, 01:29:58 PM
 #561

if you buy high then you sell in low price i think thats a stupid decision, but if its an emergency that you need money well i think its okay to sell in low price.
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June 20, 2018, 01:32:56 PM
 #562

For me , It's not because if others sell it for purpose then it is not stupidity because they did it for good thing or they did it for emergency purposes that can also save life. It is depend on the persons if they sell it for nothing then it is stupidity.



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GunsLair
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June 20, 2018, 01:33:01 PM
 #563

I agree if you are not sure and don't want to wait any longer, in this case, sell. Here you still will not find an unambiguous answer. In any matter, people will be divided into two camps - "pros and cons". Therefore, only you decide what to do. Personally, I'm going to continue to hold my bitcoins.
gesdan
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June 20, 2018, 01:34:43 PM
 #564

selling bitcoin when the price is down is the stupid decision because it will make you lost your money and I think you should hold it for a while to wait the price is back to normal then you can sell it with the 0 profit or small profit than sell it when you get big losses

MUSFIKAR
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June 20, 2018, 01:34:54 PM
 #565

In 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. Everyone wants to make a profit and prevent losing too much, selling can be one strategy to earn fresh money to start a new trade, so that really depends on how the user's point of view.
tanginamoo
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June 20, 2018, 01:38:25 PM
 #566

Selling your bitcoin when the market is down can be referred as a foolish decision. This decision can be a factor of fear of loosing an amount of money or the holder is being impatient. The best strategy is to sell when the market is up.

MbakNarti
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June 20, 2018, 01:43:01 PM
 #567

Yes I agree with you but why do we people want to sell their btc you say it is a very stupid thing they also do not want to sell all their btc but they also really need money for their family and they just have btc to sell them so i think it not a fool
cryptokia
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June 20, 2018, 01:43:16 PM
 #568

"
If selling bitcoin when you already get a profit then it's not a stupid choice, just when you miss the moment of profit is making you a fool.

Good reason to sell, You have profit, you earn money, and you can transfer them into other cryptos. But not doing the stupid selling, because you don't get any benefits about the tree months.
chidrawarster
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June 20, 2018, 01:43:54 PM
 #569

I wouldnt say stupid decision, instead i would say its an individuals call as we do not know the situation and pros and cons.We have to respect everybody decisions to take their own calls and to decide when they wanna exit the market and vice versa.I would still say in the long term btc would definitely fetch good results, this is my gut feeling and also the community feels so.

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kupido14
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June 20, 2018, 01:45:08 PM
 #570

The decision can be called as a stupid is when you sell your bitcoin at a time when the market is red. We better sell when the value of the bitcoin rises and attain your expected value.

Papcio77
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June 20, 2018, 01:49:17 PM
 #571

Not really,  i do sell even bitcoin just like im doing on the other currency. Honestly i do not hold btc i must prefer to sell btc to get some altcoins. Bitcoin price is too high you cant even make big profit but if you are rich man and have 100m$  is it great to hold btc instead of altcoin. If you are small investor that cant even hold 1 btc. The. Let it go and buy some cheaper.  Selling btc is not stupid,  depend on the situation
reyanshbasu
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June 20, 2018, 01:58:05 PM
 #572

Selling bitcoin in a lower price is the stupid decision and you lose your money in that way. If you want to sell your coins because of financial crisis and if the price is low, what im suppose to advice is just sell half of your coins and hold the remaining coin and wait to the price to increase. The key to success in bitcoin investment is being patience.
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June 20, 2018, 02:01:00 PM
 #573

Selling btc is not considered as stupid decision. It depends on the price and the necessity of the person. If the price of the btc is high, it is possible for the person who have btc to sell what they have. It's up to that person who owns the btc, so I think there's nothing wrong or stupid with it.

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agentx44
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June 20, 2018, 02:22:15 PM
 #574

Selling btc is not considered as stupid decision. It depends on the price and the necessity of the person. If the price of the btc is high, it is possible for the person who have btc to sell what they have. It's up to that person who owns the btc, so I think there's nothing wrong or stupid with it.
Your definitely right that selling bitcoin is not considered as a stupid decision because it depends on the person if he wants to sell it in a low or high price. Selling bitcoin is a risk that is why it is not considered as a stupid decision your just taking risk.
mitchel_am
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June 20, 2018, 02:27:57 PM
 #575

It is not stupid as long as maybe that person needs the cash right away. I personally believe it is wiser to hold long term but if selling might help you than do it
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June 20, 2018, 02:29:08 PM
 #576

Depending, see first the purpose of selling bitcoin for what. If it's because of the urgent need that's so important it's normal. But if it's just because bitcoin goes down then rush to sell it without a second thought, it's a stupid choice

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demonz666
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June 20, 2018, 02:43:24 PM
 #577

everyone has different strategies for investing. there are those who make short-term, long-term investments or daily trading. sell bitcoin at a red price as now I think is wrong. it's better to be patient to wait until the price starts up again. do not panic to sell stay optimistic bitcoin will be riding up again.

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June 20, 2018, 02:49:14 PM
 #578

if I sell bitcoin I think not a stupid decision, because those who sell bitcoin for profit, usually those who traded traders. every trader has different techniques to make a profit.
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June 20, 2018, 02:51:56 PM
 #579

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 really don't understand what makes you think that selling bitcoin is a stupid decision? If the bitcoin I am holding has already accumulated 1000% gains do you think it's not a wise decision selling it? Well, maybe I do not know why people are buying bitcoin, but I think it's stupidity if they're buying it just for the purpose of losing it.  Roll Eyes

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June 20, 2018, 04:07:35 PM
 #580

I really don't understand what makes you think that selling bitcoin is a stupid decision? If the bitcoin I am holding has already accumulated 1000% gains do you think it's not a wise decision selling it? Well, maybe I do not know why people are buying bitcoin, but I think it's stupidity if they're buying it just for the purpose of losing it.  Roll Eyes

Exactly my thoughts. It all depends when and for what price did you buy it.
Even if you make only 1% profit from selling, you're good. It's not smart but you didn't lose anything.
I mean if you bought it when it was $1k and you're selling it now your profit is x6. The market is in red but you made profit.
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