Do you think it's stupid decision selling cryptocurrency?

[SRShanuka2020]

I really don't understand what makes people think that selling cryptocurrency, more especially those in the top 10 is a stupid decision.
I think it depend on the situation, if I already have enough then I will sell it and wait for another opportunity to buy it again at a lower price.

Let's discuss.

[debra]

I don't think it is a stupid decision by selling crypto, even it is the top 10 coins on CMC. The point is how much you bought the coins previously and how much you will sell the coins. If you think it meets with your target, then it is okay to sell the coins. Remember, never be greedy!

[UNIVERSE]

There may be some reasons and we do not know exactly why. There are probablu:
1. Panic selling because the down market trend currently
2. They need cash for their life because they cannot work again because of corona pandemic
3. They think that they have got some profits so they sell it

In thia pandemic era, we cannot say the people whonare selling crypto are stupid.

[Cryptoz]

Understand the motive at first to judge that they are stupid or not. Many people sell crypto because they need cash to fulfill their life needs. I think they don't make a mistake by selling crypto, it is normal and many did it as well, including me. I also doubt if you never sell your crypto.

[babu10]

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 you did not mention when people selling tokens. Yes, maximum time we saw people come market with poor knowledge of market so that when they see down worth market, they sell their tokens. But true investors did not sell their tokens and wait for better days though it quantities are very limited.

[DogeTalk]

Requires money after getting a profit and being affected by bad news about crypto. It is possible for someone to sell because they see a bad market and many other factors

[Andruha1993]

It depends on what cryptocurrency. If there really is no future and perspective in it, then you need to sell it as soon as possible. But if this coin is in the top 10, then of course you do not need to sell it.

[masterrex]

This topic was from 2018 at the height of the record-breaking bearish season. IMO, it doesn't matter if you sell your cryptocurrency, whether it's on the top 10 or top 100 as long as it was your asset and also you mean it. I think no one can stop you from doing anything that you want in your property it doesn't make sense at all. 

[vicoma4real]

Not really a stupid decision and most often it resulted to be a smart move due to the volatility in the crypto market. It is better to make do with a platform that makes profit available regardless of market condition, and KoinPro has been exclusive in this regards

[I-Bit]

But if this coin is in the top 10, then of course you do not need to sell it.

Do you want to keep them on wallet forever? I think there is no problem to sell the top coins. We need to take profits if it already reaches the target. I don't think we need to keep them on the wallet too long since it may decrease again significantly. Better to take profits and plan to buy again on the upcoming big decline.

[corr]

Well, if you sell your coins more expensively than you bought them once, then everything is logical. The main goal is to make money. And if you do not sell more expensive, most likely you will later wait a few years to sell more expensive, because the price will fall. People do not buy coins as souvenirs but buy them to make money

[tonymillions84]

it is not a stupid decision. it depends on the situation and why the owner wants to sell his cryptocurrency. it could be as a result of health concern, financial issues and other things that require payment for services. the situation can happen to anyone. you just have to understand we all have different needs at different time.

[ShadowCrypto]

I don't think so, some people need the money and sell it, and I think this will happen even more during this year because of this pandemic.

[Nestle]

Need money and take profits. These two things are the reasons why someone sells crypto and buys it back at the bottom price or waits when the crypto price drops

[hushpupppy]

Buying or selling crypto currency is a personal decision and opinion, it is not a stupid decision.
there are several reasons to sell, you could be in profit, you could be switching portfolios etc