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Author Topic: Do you think it's stupid decision selling cryptocurrency?  (Read 25442 times)

Offline Uplifted

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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #105 on: October 15, 2020, 12:33:10 PM »
I don't think it's stupid cause everyone has the right to sell their assets at their desired time. But I think it is a bad idea selling for loss or panic selling when we can always hold to make profits. Selling at the top and buying low is the best strategy I know. Top 10 cryptocurrency will always remain relevant and I think no one should sell them for loss, I believe mass adoption is near and those crypto will eventually become a gem cause the demand will be very high.

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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #105 on: October 15, 2020, 12:33:10 PM »

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Offline Coin63@

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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #106 on: October 15, 2020, 12:49:07 PM »
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.
Cryptocurrency market cap always unstable in nature and nobody knows what would be happened in the world cryptocurrency market, some coins pumping and some simultaneously dumped. So no one can take appropriate decisions. A few days ago i hold ZYX bounty campaign rewards but now prics so dumped that I can't sell at all. What should I do, can't understand now?
« Last Edit: October 15, 2020, 05:28:47 PM by Coin63@ »

Offline Galaxy

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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #107 on: October 15, 2020, 06:33:59 PM »
There are times when it would never be wise to sell any coin. So I think it is not wise to sell from those moments. That's Stupid's job. Because that moment can be very damaging. If the price of a coin suddenly rises, if the price of that coin suddenly falls again, there is a possibility of loss. So I think this incident is a story. However, I think there is disagreement on this issue. It is a different matter if a person wants to keep his coins, sell them for various reasons or family problems or any other reason. But when most people sell, the price of the coin goes up. However, there are some people who sell coins at low prices. Because they get more value for less money.

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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #108 on: October 15, 2020, 06:50:52 PM »
If you are selling your coins for a necessity then it is not a stupid decision at all...
if you want to feel profit then selling is a decision that must be taken. but if the reason your selling decision is because of panic then it is a stupid decision.
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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #109 on: October 15, 2020, 11:17:52 PM »
Selling cryptocurrency is not stupid, even though it is the coins in the top 10 rankings. They sell coins of course have a reason, some really need money some want to invest in other coins.  So saying people are stupid because of their decisions which we don't know the reason for I think is not quite right.

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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #110 on: October 15, 2020, 11:20:27 PM »
Selling crypto isn't stupid as long as you sell your crypto at higher prices. The problem is when you sell your crypto at a cheap price, then you just get big losses because you are not patient enough to wait for a bullish time. Everyone has their own right to set the goal in crypto investment, if they think the profits are good enough, they have the right to sell their crypto.
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Offline EthereumDev_

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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #111 on: October 16, 2020, 04:13:43 AM »
indeed the right time to sell cryptocurrency assets is when the price is high because when selling your assets at a low price it will make you lose, so don't let the loss befall us, because it's difficult to get money during a pandemic like today.

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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #111 on: October 16, 2020, 04:13:43 AM »


Offline LaZim

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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #112 on: October 16, 2020, 11:43:15 AM »
We all buy cryptocurrency to sell it later. Stupid decision to sell for less than you bought. If people bought bitcoin in 2012, then selling now is the wisest decision.

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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #113 on: October 16, 2020, 12:48:35 PM »
Never i think selling is stupid decision. If selling is stupid decision then how can you get benefited form the crypto. If you get money in crypto then definitely you need to sell. But you can say that some cons have potentiality in this regard selling may stupid decision but not exactly because who is the wormer of the assets he has the right to sell his assets.       
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Offline Seerge

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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #114 on: October 16, 2020, 04:16:44 PM »
Every step that people take in trading and investing in Cryptocurrency must have been thought of first, maybe by selling the coin they already get a profit or maybe they want to invest in other coins. We don't have any prejudice against them because we don't know what they are up to.
Crypto coins with top rankings do have good potential and may have a high price in the future, but instead of waiting too long, it's better to spin money around selling these coins to get profits faster.

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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #115 on: October 16, 2020, 05:11:28 PM »
It's not called stupid decision, everyone in crypto industry has their own right to sell whatever price they want. We can't force or telling them not to sell their own coin/token. I think they also have their own reason for that.

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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #116 on: October 16, 2020, 05:16:12 PM »
I don't think anything should be sold at this time. Because now the market situation is going to be better. The market is expected to get better by the end of 2020. So those who have held something can hold it for a while. Because by the end of 2020, the market is most likely to be good. So don't sell anything right now.  And even then, if the coronavirus leaves the world, the market will be stronger and the price of anything will go up overnight. So don't act like a fool by selling anything right now.
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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #117 on: October 16, 2020, 05:26:58 PM »
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.
Buying and selling depends on market situations, conditions, exchanges arranged, volume, popularity, government support and bank support. Top ten projects in the crypto market does not matter but when token prics is more than investment price, I think it is very strong decision to selling and dull season it is very strong decisions to hold.
« Last Edit: October 16, 2020, 05:41:24 PM by Altcoin1998$ »
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Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #118 on: October 16, 2020, 05:56:37 PM »
It is foolish to sell anything at this moment.  Because now the market is going to a much better level. If you sell something in such a situation, you will face a big loss. Because we can see now that the market is growing slowly day by day. The market will be much better by the end of 2020 and the market will be much better in 2021. We can see that the cryptocurrency market has been updated a lot now. So don't sell anything right now.
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Offline @amadi

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    10 Posts First Post Third year Anniversary
Re: Do you think it's stupid decision selling cryptocurrency?
« Reply #119 on: October 17, 2020, 12:56:48 AM »
When one needs money what else will you do when you have something to sell. Your crypto is like an assets one can sell to recuperate money for needs

 

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