Do you think it's stupid decision selling cryptocurrency?

[SafeAtom]

The market is just emerging. It's foolish to sell your assets now

[Noverteno]

The market is just emerging. It's foolish to sell your assets now

We buy cryptocurrency not for collecting, but in the hope that it will rise in price and at a certain stage we will sell it at a profit. Therefore, its sale should be included in our plans. It is foolish to sell cryptocurrency in a falling market at low prices at a loss. And if the price of our cryptocurrency has grown, then its sale is advisable and necessary. Under certain conditions, we can buy it again if its price falls and the potential for growth persists.

[Afony]

We should increase our capital when selling cryptocurrencies at a decent price, and purchase it at an attractive price. The market is now in a good position for any investment purposes, where you can make good money at different stages.

[Btclover]

As every crypto user have their own reasons to buy or sell the crypto coins he is holding at the moment. For example if someone sell top 10 crypto coins is to pay for emergency medical bills does that mean he is making a stupid decision? I will label those that just buy or sell with no strategy in mind making stupid decision

[pelana vreo]

I sold Dogecoin and 1 etherum in the middle of 2020, it makes me regret, but I realize, with the experience I have right now, I don't sell top 10 coins just for a meager profit, I'm sure BTC will hit $100k and the altseason will make the top 100 coin price increase

[viki]

I don’t think it’s a stupid decision to sell cryptocurrency. If we do not sell cryptocurrency, then we will not make a profit. We must live now, and not wait 100 years when bitcoin will cost a million.

[Freemind]

I sold Dogecoin and 1 etherum in the middle of 2020, it makes me regret, but I realize, with the experience I have right now, I don't sell top 10 coins just for a meager profit, I'm sure BTC will hit $100k and the altseason will make the top 100 coin price increase

That's something that I think has happened to all of us at some point. When for some reason we think that our investment will not continue to rise, for example due to the state of the market at that time, and we think that it is better to sell even if we do not earn much, but that profit is already good for us. We have to sell at some point to withdraw our profit, that decision can be right or wrong, but other factors also influence.

[Astra]

Both buying and selling cryptocurrency in this market should be seen as a logical and common occurrence. Cryptocurrencies cannot rise in value all the time. The market develops cyclically, with numerous ups and downs, as the decentralized cryptocurrency has high price volatility. This should be used when prices go down and buy it, and when it rises to high price values, sell it. In addition, projects and their teams have certain significant problems and if they are of a long-term nature, it is advisable to sell such a cryptocurrency.

[Ghozrd]

Investors and traders will sell their top 10 coins after they make a lot of profit, take profit is necessary to avoid losses, I think selling coins after they have made a profit is normal then they will come back and buy at a lower price, but Technical analysis is needed for this, because top coins don't always go up and a slight correction is needed.

[gurunanakji777]

We can not say stuping decision I would say it depends on person to person financial condition. If one has liability and need money he/she will sell to fulfill the need. Everybody wants to hold the top coins but the situation and circumstances are not the same for everyone. Those who have backup money can hold but whose livelihood depends on the crypto market will sell whenever need of money. Apart from this some investors or traders sets the target of selling whether it is under the top 10 they sell once they achieve their set target.

[yawar20]

Well the shole crypto market is very unstable and it goes down or up so easily anytime. this drive peoples to corner and think of it as a bubble. but from last decade it is already proved that crypto currency is not going anywhere and it sure part of the future and present already.

[Google+]

I don't think that's true because actually it doesn't matter if you want to sell your cryptocurrency assets as long as you can make a profit from what you are doing, because if you don't make a profit, you will lose because you sell cryptocurrency at a low price.

[Manna]

As every crypto user have their own reasons to buy or sell the crypto coins he is holding at the moment. For example if someone sell top 10 crypto coins is to pay for emergency medical bills does that mean he is making a stupid decision?

[ritiktakyan01]

Yes, I think selling cryptocurrencies is a foolish decision at the moment. Because cryptocurrencies are going down a bit at the moment. But in no time cryptocurrency will reach its peak level. So selling cryptocurrencies at this point in time is a foolish decision.

[doc]

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.

Maybe they  which sell crypto currency need money to fulfill their needs.
So I think It's not stupid.
Or their target is reached.