Post
Topic
Board Bitcoin Discussion
Re: selling bitcoin is a stupid decision ?
by
CryptoSmile
on 05/04/2018, 10:17:46 UTC
Hi guys , I  read in social media that many people are panicking its because bitcoin dropped every hour and they think they might lose their money because of that .Well for me , there's no need to panic because when bitcoin dropped as its lowest price its a blessing . And also joining in CRYPTO CURRENCY WORLD, you already know what risk you  should face , and  its a win and win bet when you hold bitcoin . So knowing that  some people selling their bitcoin I feel so sorry for them.  
You may not really blame them for selling because it all depends on the reason why they do so. Why holding on to bitcoin when you are having financial difficulties and it seems your coins is not doing well, for that reason some prefer to sell and buy back when it falls again because no one can be 100% sure of btc movement.
If you are holding a lot of bitcoins today, as bitcoin price is dropping; I suggest you not to be a panic selling investor. You are kindly requested to be patient waiting for price to recover. When you are in financial difficulties, you may sell some of them and then you can use  certain amount of your money to buy again at lower price. The rest of your bitcoin should be held on until you have got big profit as expected then sell all of them to realize your profit.