Do you think it's stupid decision selling cryptocurrency?

[Istiak]

People invest in cryptocurrency to earn some money so they can use it when they needed it. If you don't sell your currency when needed they what are the points of earning it. If you are a long term holder and holding top 10 cryptocurrencies then hold it as long as you can. The market is expanding so the more you hold it will give you benefit.

[Fenix]

Any market exists in order to trade on it, that is, to buy and sell. The main law of these markets is to sell at the peak of prices and buy at the drop in prices. To make a profit in the cryptocurrency market, keeping most cryptocurrencies alone is not enough. Therefore, it is still better to trade cryptocurrency at least periodically, with large price movements, if there is not enough time for regular trading.

[Tanimariya]

Selling any coin at a lower price, I think is foolish. Because investors can benefit if they hold any coin for a long time. Most coin investors buy good quality coins and those who have a good future buy coins from the project. So I think the future of the project is good, investors buy the project's coins and hold them for a long time. But there are some investors who, excited by the market, sell their coins at lower prices. As a result they are damaged. It can be a kind of stupid idea. So I think investors need to be patient in the short-term and long-term investments in the market, patience is the key to success. Because if you are patient, the price of any coin can be high in the future. No one is unaware of that. However, there are different types of coins in the market and you have to invest by gaining knowledge about coins

[LifeOK]

Where cryptocurrencies can go 10 times or 20 times multiply, it's same place where cryptocurrencies could go zero. It's up to you which coins you have and how much you make research over it does your coins has possibilities to go more higher or lower.

[MRM]

If any coin exchange has a good price, it may be a good idea to sell the coin. So I think if any coin has a good price in the market, not everyone should sell it. Because I think it is wise to give any cell if there is some profit. And if anyone sells coins while the price goes down, it can be bad. But I think Bitcoin, ethereum should not sell these at low prices. Because the price will go up. Looking at the roadmap of some coins, it is understood that the price of coins will increase. Those coins should not be sold. Because good results can come from that.

[comer]

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.

i don't get it! those people are just greedy and stupid without knowing that value may fall again if they dont sell their holding. we hold because we wanted to get profit and when profit is at hand go sell to make profit. we hold because we wanted to sell at the right price.

[Absolutep]

I feel it should be a personal choice, what to sell, what to buy and what to hold. This is cryptocurrency and you have a responsibility to DYOR and after that make your own choice. Nothing seems stupid to me as long as you have done your research. Selling top 10 coin is not stupid if you think you have a better one to invest your money, it is all about our choice.

[franch]

For me the right of everyone to sell or store their coins. It's just better to sell tokens when the coin market prices rise and continue to rise to the maximum point. That's where you sell your tokens at a high price. If you sell now, the price will be low. Because the market position is still low even though it has climbed up little by little.

[Crypto Guard]

The possibility is that because of panic, seeing the red market, the panic will decrease further, in the end you will be tempted to sell. I think many have experienced this. I myself also had experiences like this when I was a new player in trading. because controlling emotions in trading is quite difficult to do.

[Quantum X]

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.

I don't think it is. Stupidity can be define perfectly with the greediness of a person. We have to keep in mind all the what matter is you lose nothing, though the price rising after you sold your crypto at low price if you had lose nothing that is not stupidity but an art of wisdom protecting your profit from any possible losses.

[bigcash2011]

We cannot call it stupid decision because everyone have different situation and financial circumstances so they can sell according to needs. On the other hand i do agree that top coins should be held for longterm and only profit should be taken at high price only.

[KryptoBull]

I think the problem of distinguishing "smart" or "stupid" depends on the relatively short period around the time of selling that crypto and the criteria of the holders. No one would call a holder stupid if he sold BTC at 19K USD - 20K USD.
Also, for traders, selling crypto is part of a profitable strategy.

[CriptoLH]

People come to the crypto market to make money. And it doesn't matter what you buy or top coins or unknown coins. In any case, a person must assess the risks and look for the most suitable prices for buying and selling. There is nothing stupid to buy a good coin at a low price and then sell it at a profit.

[Master107]

One word "respect." Each owner's have the rights to do whatever they wanted. The privilege of what they did was take advantage. Time changes same as price.

[Prime]

We are considered as a stupid decision if we:
- Sell the coin because the price is always falling, so we are panic and sell the coins
- We don't know the prospect of the coin later and we only focus on the profits, not the project itself
- Buy low sell high, this is  a must