Do you think it's stupid decision selling cryptocurrency?

[Abubakar56]

Seriously I don't really understand you question, how I wish I can understand the question more but I don't really think is really a bad decision if you are selling your cryptocurrency but you don't just have to sell at lost. Everything body is having his/her target and everybody are having there option to take so is a matter of choice if you wish to sell is not really a bad idea.

[jhm]

I'm going to say no, its not a stupid decision at all. Everyone has different circumstance, and at the end of the day: You're going to spend your resources, period. If you need the money, then liquidate. If you don't, then store

[Beattysuhita]

Many people panic when the price of Bitcoin drops, they don't want to suffer too deep losses so they sell their coins. It's not a stupid decision, but it's the right decision.

[Freemind]

It can be a stupid decision, but it depends on the personal situation of each one. If someone needs money and decides to sell their crypto, they will have a solution to the problem. But if we refer to selling out of fear of the current market it seems stupid to me, usually only newbies do it, and soon after, when the market rises again, they regret it.

[tervel]

You should have a high risk tolerance to buy or invest in cryptocurrency. The value of various cryptocurrencies can rise and fall, sometimes drastically, by the hour. It’s worth considering how you’d feel if everything you put into crypto became worthless overnight or easy for full life.

[raisajahan]

Crypto currency is one of the best investment platform where there is a scope for gaining a large amount from investment. Sometimes we noticed that few people are panicking to sell their coin whether it is in loss situation which really a stupid decision but its reality for those people who need emergency money for expense.

[Vx1]

A stupid decision is when we panic and sell coins at a cheap price, even though after the sale the price goes up and we can only regret it.  But again if we are in an emergency, where we have no choice but to sell the coin, then that is the right thing.

[Rafiq]

I'm going to say no, its not a stupid decision at all. Everyone has different circumstance, and at the end of the day: You're going to spend your resources, period. If you need the money, then liquidate. If you don't, then store

You have an argument. If someone needs money and decides to sell their crypto I think it is not stupid for him but it is the right decision for him. But if someone sees the current market situation and sells out of fear, I would call it stupid. Usually newbies do this later when the market rises again, they regret it.

[KaliLinux]

I really don't understand what makes people think that selling cryptocurrency, more especially those in the top 10 is a stupid decision.

Let's discuss.

Will they HODL forever? No. Even those pushing that thinking right now still gats to sell at some point and it will still come to the same thing they were accusing others of doing. We have to understand that crypto is an investment and by investing you will definitely want to make and take profit so what is wrong in that?

[AGM]

People invest cryptocurrency for parking their money and when get profit no need to hold . If buy and sell continue then profit comes home otherwise no need to park money in cryptocurrency . You think if you sell cryptocurrency you will make profit then no need to hear others decision and what they told about you and your intelligence .

[Noverteno]

In order to profit from activities in cryptocurrency, we must at least periodically sell our cryptocurrency and withdraw funds to fiat or at least stablecoin. If we do not withdraw at least part of our profits from the cryptocurrency, then we will be just outside observers of the rise and fall of prices in the cryptocurrency market. Therefore, we should always use our right to sell cryptocurrency wisely.

[Lutera94]

I really don't understand what makes people think that selling cryptocurrency, more especially those in the top 10 is a stupid decision.

Let's discuss.

Actually its depend on situation, if Anyone got 2x to 10x profit then he can take profit. I believe that cash is the always main priority. So sell any coin is not a stupid decision.

[Papa Bear]

Reducing the yield to an unpleasant income avoids a complete loss, and the remainder must be sold to maintain income. This is the basic idea that others loosen up in order to keep the best coins. This is not our job.

[Delgboke]

People selling Cryptocurrency I don't think is a stupid idea because some of them that are selling their assets maybe in one need or other that require some financial needs that could be the reason they are selling, while some are selling Cryptocurrency because they think that the Cryptocurrency is about to die off so because of doubt and fear they end up selling so that they will not loose their assets which they manage to get in what they called new generation money. For me people are there in the Cryptocurrency system just to make money out of it so definitely people must sell their Cryptocurrency asset.

[tonymillions84]

Nope. it is business and you should make your decision wisely. choose when to sell and make sure you sell at the right moment. trading is a part of making money and it is all about business. the decision to sell depends on the trader. whether at lost or you are gaining. it is the same way people trade the stock market.