Post
Topic
Board Beginners & Help
Re: Will you sell because of situations?
by
virasog
on 30/04/2023, 16:45:11 UTC
Regardless of the price, I think with this kind of situation, there’s no sense if you are still weighing things, if you will sell or not. As long as it concerns life over death, then it’s an automatic decision to save first the one that needs to be saved, even if it causing all your bitcoin to sell and leave you with nothing. What’s more important here is life over wealth and money. And I think a lot would agree to this.

The situation mentioned by OP is something which do you do not come across every day and it is something very tragic. In that situation, for sure you will sell your bitcoin in order to save a life. However, there are many people who sell bitcoin when the price dumps. They are not in need of money but still sell them because they feel that Bitcoin may go to zero or go more lower. This is immature behavior and is usually done by those who do not have trust in BitcoinBTC.

If you have Bitcoin, you should not sell them unnecessarily and keep them for the future. You may sell them at the peak of the bull market or at times when you need urgent money and there are no other sources to get money.