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Author Topic: Selling bitcoin is a stupid decision ?  (Read 3399 times)
HiringYou
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June 21, 2018, 05:08:58 PM
Last edit: June 21, 2018, 05:22:47 PM by HiringYou
 #681

Price of bitcoin are very low right now,so I don't think that selling will be a good decision.You should keep holding your BTC's until you find a better price to sell.Selling at this price will only make you face loss.So I don't think their is something wise in it.It will simply be a stupid decision.Rather I will advice you to take this price drop as an opportunity to invest some more in it so that when the price rises in future then you can earn more profits.
cryptoasis
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June 21, 2018, 05:12:02 PM
 #682

At this point, I would say yes.  Bitcoin is now bottoming and at this stage selling in panic is stupid.  If one should sell they had to have while 13-14k is not holding.  Now is buying time.
shvishal
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June 21, 2018, 05:26:43 PM
 #683

Selling bitcoin at low price is a stupid decision i think one should think twice before taking such decision as now it value is low but sure all knows value will strike soon and i think that will be the right time to sell it.
Pemburu dollar
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June 21, 2018, 05:29:52 PM
 #684

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




I think Invest and hold, Bitcoin has a big future in its making. And those who will invest now will definitely be part of that future.
Given that its market value is falling now, I think it's a stupid idea to sell. Knowing that Bitcoin always has the ability to recover any downfall at any cost, there is absolutely nothing to worry about every time its market price falls.
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June 21, 2018, 05:36:38 PM
 #685

At this point, I would say yes.  Bitcoin is now bottoming and at this stage selling in panic is stupid.  If one should sell they had to have while 13-14k is not holding.  Now is buying time.

It depends on the situation. Selling at this time if you need the cash most is just okay. But do not sell all your holdings, instead sell only the amount you need. Do not sell all your holdings, you are on the losing end if you did it so.

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raihan09
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June 21, 2018, 05:54:56 PM
 #686

In this case my opinion it's probably stupid decision to sell bitcoin because I think bitcoin price will increase & it will hit 15k or 20k so, at present you should try to buy bitcoin & hold it.
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June 21, 2018, 06:07:12 PM
 #687

Selling a bit of coins is a stupid decision that does not apply to everyone who sells coins at a low price and a very sort time. I think long-term investment is good and good at selling at the right  time at the right price.
norachuks
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June 21, 2018, 06:09:11 PM
 #688

Actually selling bitcoin is not stupidity. we are all intitiled to our own opinion, so no matter when you sell your bitcoin it can never be called stupidity being it long term or short term. so whenever you want to sell please do because it is your right.

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SMD.Shuvo
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June 21, 2018, 06:13:20 PM
 #689

No I do not agree with this statement. There is nothing stupid in people who will sell Bitcoin at the time they need it. But it is foolish to spend money by selling Bitcoin unnecessarily.
WhyBit
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June 21, 2018, 06:17:01 PM
 #690

We all not stupid because some time we need to sell our bitcoin for covering our daily needs if a person do not feel any need for selling  bitcoin in to fiat or if he is investing his money in some other altcoin then for sure it can be consider as a stupid decision because in my view investing in bitcoin is best for any investor  but still it is not necessary because every person has its own choice and he will surely going with his own strategy and planning
pratik009
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June 21, 2018, 06:23:50 PM
 #691

I think sellimg of bitcoin is not stupid decision but very stupid decision.if we talk about today then btc price go to very deep so many people sell it and that's why coinmarketcap keep decreasing but don't worry about it. There are many big whales also available into market and many of times they played ame like this. So in situations like this don't sell btc but hold it and if possible then buy more. i think this is the golden period of buy btc beacause it can give you huge profits in future.
boranes
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June 21, 2018, 06:24:14 PM
 #692

It was the best decision I have made. I sold my bitcoins, gained profit and I rebuy the same amount of bitcoins when it crashed from 20K to 6200.
I am holding now the same amount of bitcoins I had and I am enjoying money I cashed out  Cheesy
I am not going to be disrespectful, but I would not dare to sell my AML BitCoin at this moment. This coin is growing by the day, so I am going to wait until it reaches maturity.
Yep, price is too low to sell now.

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mattnguyen
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June 21, 2018, 06:25:41 PM
 #693

Selling right now would be immature if you are using BTC as an investment asset. Institutional money is just starting to put skin in the game, especially with Coinbase opening up their Index fund to investors [1]. This should be taken as a good sign.

Nonetheless, as other posters have pointed out, there's nothing inherently wrong with selling BTC. People have lives and they need access to their local currencies. Nothing wrong with that.

[1] https://blog.coinbase.com/coinbase-index-fund-is-open-for-investment-61217606f1ef
rosemary4u
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June 21, 2018, 06:40:22 PM
 #694

Selling or hodling bitcoin is a matter of choice that depends solely on the individual. Personally, I think it is really unwise to sell bitcoin at a very low price, we need to always sell at a reasonably higher price in order to  increase the value of bitcoin
funtos
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June 21, 2018, 06:48:26 PM
 #695

depending on choice of individual,but selling bitcoin at this time will  only result to loss of huge profit,because of the deflation of market
Joeyvicky
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June 21, 2018, 06:56:35 PM
 #696

The issue of selling bitcoin by investor can not be predominately term as stupid as though might be in critical situation probably not for most investors. Others turn to be short term investors and really don't give time chance. I personally think due to recent decrease in price of bitcoin, it could be better decision to hold for now.

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June 21, 2018, 07:14:15 PM
 #697

Actually at this time people who invest their money in bitcoin are losing their temperament because of the continuously decrease in the value of the bitcoin which is definitely a bad idea because in the coming future it is going to touch its peak point where they can get a huge amount of profit from it.
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June 21, 2018, 08:24:51 PM
 #698

It does not make sense to sell all the crypto money this time. When the time comes, we can see the result. But in the future the sub-currencies will come to very good places.

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June 21, 2018, 08:27:09 PM
 #699

It is, now and again like this that the market cost is low and is persistently falling, offering would be an inept move. Offering will cut your misfortunes yet in addition your future benefit. Holding up still or holding is more fitting. Remember that dumps are simply transitory and at some point or another, the market will completely recuperate. Contributing currently is additionally prescribed to win enormous benefit when the season of recuperation happen.
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June 21, 2018, 08:32:59 PM
 #700

I keep saying this but people won't listen. Agreed that the market is falling, didn't you believe in Bitcoin before buying it? If you still believe in Bitcoin, you won't let the low price get to you. Holding is still the best
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