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Author Topic: Selling bitcoin is a stupid decision ?  (Read 3399 times)
duoleduo
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June 21, 2018, 08:37:00 PM
 #701

Selling Bitcoin and buying it back at a lower price may make you short-term profitable, but I don't think that this way of trading can make you get more profit, the way to get more profit is to hold Bitcoin, and wait for Bitcoin's market to fully recover.
Kamote_1102
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June 21, 2018, 08:59:19 PM
 #702

who said that it is stupid when someone decided to sell his Bitcoin? just think about it, everyone who owns Bitcoin knows that it's volatile. so when they decide to sell their Bitcoin they are 100% sure that they're getting a lot of Money. everyone from the crypto World knows how to wait and hold. then sell when the right time comes.

Vafandu
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June 21, 2018, 09:03:39 PM
 #703

Study first
hachimon
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June 21, 2018, 09:20:44 PM
 #704

selling bitcoin is now the wrong decision. now bitcoin is falling this is the right time to buy or hold instead of selling. if we sell now then we will incur losses because bitcoin will rise again all the bitcoin optimistic will rise again. when prices rise again you do not have bitcoin and do not make a profit. do not sell to be patient a few months to earn a big profit.
JCO05
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June 21, 2018, 09:25:49 PM
 #705

If it is due to panic, it would be a dumb decision to make but if it's because of urgency, I think it is not a stupid decision. We are all on different situations. Going back on panic selling, it is not an advisable thing to do because there is always a tendency for the market to recover and as such, waiting is just the solution.

kaybounty
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June 21, 2018, 10:14:10 PM
 #706

Not really a stupid decision because there are also time that you really hit big time when you sell ALL your bitcoin (and that's when you sell your bitcoin last year at 20,000$ per BTC) and you bought again four times on every occasion when bitcoin hits 6,000$ low this year including today's bitcoin's value and hold them again. In short, sell high and buy low.
harobaru
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June 21, 2018, 10:16:20 PM
 #707

selling bitcoin is a stupid decision because bitcoin price is down so there is no any profit but lose is too much.
lowellsniper
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June 21, 2018, 11:01:16 PM
 #708

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.

Yes, if dont i need more money today, i should not sell any of my coins today, i hold it and wait for the maturity. It will really come someday, what i mean the price will hike.
Dod Ong
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June 21, 2018, 11:10:47 PM
 #709

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


For me, It is not a stupid decision because if you don't sell your bitcoins you cannot earn money and you have no supply to your needs or daily expenses. But I think better that you hold it until the bitcoin price increase because in that way you can earn more money than you earn before. I should invest also here on bitcoin and hold my coins until the bitcoin price increase and I sell it.
mkcube
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June 21, 2018, 11:14:54 PM
 #710

I do no longer see that sellibg a bitcoin is stupid decision. Because if you dont sell your bitcoin you cannot earn money. You cannot supply your needs or your daily expense. So if uou dont money for today so dont sell it hold it and wait for a maturity.
Malithcrypto1996
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June 21, 2018, 11:25:40 PM
 #711

If you are in a financial crisis its never a stupid decision. You get over the issue and maybe start over again!
P.S. It happened to me.
nhoj25
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June 22, 2018, 12:14:28 AM
 #712

Everyone has different strategies on how to get profit thru bitcoin investment. Selling it for profit is not a stupid decision. They just taking advantages of Bitcoins volatility.
gurang
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June 22, 2018, 12:25:17 AM
 #713

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.

there's no stupid decision if he knows that for the future he's done it or he knows that it's his decision
Jayleon
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June 22, 2018, 12:47:15 AM
 #714

Bitcoin investment is best done if the investor has a lot of patience. Many who started to invest in the last few months to a year turn out to be the disturbed and frightened investors because they came to meet Bitcoin in a very good shape. However, the early adapters talk of such incidences in the past where Bitcoin experienced many highs in a year but flawed the following year. They're a bit comfortable because they understand that Bitcoin investment is best done for long term
cahbagus555
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June 22, 2018, 01:45:50 AM
 #715

I do no longer see that sellibg a bitcoin is stupid decision. Because if you dont sell your bitcoin you cannot earn money. You cannot supply your needs or your daily expense. So if uou dont money for today so dont sell it hold it and wait for a maturity.

Bitcoin is long term investment. If we are selling bitcoin because our daily need, better not investing in crypto. Cryptocurrency is risky investment and the price have high fluctuation. Better using our idle money to invest
Fredomago
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June 22, 2018, 01:53:29 AM
 #716

Everyone has different strategies on how to get profit thru bitcoin investment. Selling it for profit is not a stupid decision. They just taking advantages of Bitcoins volatility.

It's strategy I guess, if following your arguments, those who buy and sell bitcoin are people who wants to take advantage of current market, they are not here for dealing with long term investment, but instead they are here to play with the market and take the risk, its all about money maybe they are not the same type of people who will manage to hold and wait, we do have our own objectives, if they wants to grab and easy money then so be it, but for those who loves long term time will come and they will achieved much better.

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Potchi
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June 22, 2018, 01:56:10 AM
 #717

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

Well it depends on how people or individual want to take bitcoin in their life. Selling it was good but not in this kind of time where bitcoin price is low. Maybe people think that bitcoin will never be the same again so they tend to sell it. Maybe other people sell it with a good price to the people who believes that bitcoin will still be valuable in the future. We have our different strategies and yes it depends on people and let them do what they want with their digital currencies.

bitcoin31
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June 22, 2018, 02:02:46 AM
 #718

I am not going to say its stupid but I would think twice before selling my AML BitCoin. It's a new crypto si I am waiting for it to be the next bitcoin.
The only possible to become next bitcoin bro, is the ethereum and Im sure it will happen after few years. You need to make sure once you selp your bitcoin you will not cry if the price increase again so better if you sell if you truly want to sell not because the price decreasing.
jemarie20
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June 22, 2018, 03:36:52 AM
 #719

I think yes, because holding your bitcoin in the long time is one kinds of investment and you are trying to make more money in that time so, selling your bitcoin when bitcoin price is very low is a big mistake that is why we can say selling bitcoin is stupid decision.

We need to be patient, maybe bitcoin price sometimes decreasing but I`m sure its will be okay in the near future that why its better to keep holding our bitcoin than selling it.

nesis67
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June 22, 2018, 04:20:16 AM
 #720

I think it's not a stupid decision and maybe it's a smart decision because we double our bitcoin with our trade. Some people have their own reasons to sell their bitcoin and sometimes it's the right decision.And I think it's perfectly legitimate.
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