ktabb
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February 10, 2018, 11:00:53 PM |
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People talk about not losing money until you sell, but it's a double edged sword. That same logic implies that you haven't gained any money until you liquidate your position either. Honestly the best way to look at it is that when the price goes up, you make money... and when the price goes down, you lose money. Your gains/losses can change constantly, but selling will cause that to stop, effectively locking in whatever gains or losses you have.
Just because you plan to wait a long time before selling bitcoin doesn't mean you have not lost money over the past month or so. Everyone who owns bitcoin has been losing money recently.
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STT
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Activity: 4074
Merit: 1448
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February 10, 2018, 11:06:03 PM |
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Dont 'over invest' would be a quick point. Just that worry alone forces bad decisions, some of the people who gained most did so because they committed and were able to forget the idea of selling, not going to happen for anyone taking big risks so dont Losing money is very stressfull, so I was just wondering... are you cutting your losses or you will hodl your stash untill 2020 and more following an "all or nothing" strategy?
Money is ultimately all about security and storage of value, if the market is stressed then it shows in that balance between those have gained and those who have lost. In the price that probably matters a fair bit to market confidence. Thats why Bitcoin has to form an economy, continuous revenue streams are important to stability. Nobody in the world can always work all day every day, everyone has to rest and pass the baton and its a natural process in global trade daily every hemisphere comes into focus and passes value to the others. I dont think plain Bitcoin gains anyway, it has to be part of some business to receive proper growth. There has to be more applicable businesses out there but I think holding some bitcoin in a gambling operation who require a float is more valid way to hold value in crypto economy. At least some holding, I generally disagree with the whole all or nothing thinking as nobodys absolutely sure whether high growth ideas will survive or thrive?
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roxbit
Member
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Activity: 294
Merit: 10
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February 11, 2018, 04:09:21 AM |
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Dont 'over invest' would be a quick point. Just that worry alone forces bad decisions, some of the people who gained most did so because they committed and were able to forget the idea of selling, not going to happen for anyone taking big risks so dont Losing money is very stressfull, so I was just wondering... are you cutting your losses or you will hodl your stash untill 2020 and more following an "all or nothing" strategy?
Money is ultimately all about security and storage of value, if the market is stressed then it shows in that balance between those have gained and those who have lost. In the price that probably matters a fair bit to market confidence. Thats why Bitcoin has to form an economy, continuous revenue streams are important to stability. Nobody in the world can always work all day every day, everyone has to rest and pass the baton and its a natural process in global trade daily every hemisphere comes into focus and passes value to the others. I dont think plain Bitcoin gains anyway, it has to be part of some business to receive proper growth. There has to be more applicable businesses out there but I think holding some bitcoin in a gambling operation who require a float is more valid way to hold value in crypto economy. At least some holding, I generally disagree with the whole all or nothing thinking as nobodys absolutely sure whether high growth ideas will survive or thrive? The ones who lose money’s in bitcoin are those who went panic selling. Who sold their bitcoin on low price than their investment because of fear to lose more. So, to avoid lossing in bitcoin one should learn the value of patience specially these times.
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Kidmat
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February 11, 2018, 05:38:32 AM |
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People talk about not losing money until you sell, but it's a double edged sword. That same logic implies that you haven't gained any money until you liquidate your position either. Honestly the best way to look at it is that when the price goes up, you make money... and when the price goes down, you lose money. Your gains/losses can change constantly, but selling will cause that to stop, effectively locking in whatever gains or losses you have.
Just because you plan to wait a long time before selling bitcoin doesn't mean you have not lost money over the past month or so. Everyone who owns bitcoin has been losing money recently.
When the bitcoin price started to fell down from huge price since last year are experiencing losing money on bitcoin. Most of us has losing a lot because of this current situation if we cut loses another huge lose. The best that we can do in this moment is to hold the patience that price of bitcoin will swing to rise up.
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Wandika
Sr. Member
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Activity: 508
Merit: 250
In CryptoEnergy we trust
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February 11, 2018, 06:38:27 AM |
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People talk about not losing money until you sell, but it's a double edged sword. That same logic implies that you haven't gained any money until you liquidate your position either. Honestly the best way to look at it is that when the price goes up, you make money... and when the price goes down, you lose money. Your gains/losses can change constantly, but selling will cause that to stop, effectively locking in whatever gains or losses you have.
Just because you plan to wait a long time before selling bitcoin doesn't mean you have not lost money over the past month or so. Everyone who owns bitcoin has been losing money recently.
When the bitcoin price started to fell down from huge price since last year are experiencing losing money on bitcoin. Most of us has losing a lot because of this current situation if we cut loses another huge lose. The best that we can do in this moment is to hold the patience that price of bitcoin will swing to rise up. We'll only lose if we sell ir, jist put patoence and now that somehow it will increase too like it always did before, it's jist a correction.
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Fuhre
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February 11, 2018, 08:10:58 AM |
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lose it or not it depends on them. I am their position, surely they are very tense! but if they are patient and hold it they will not lose their money. they could benefit from all this, the storm must pass and now we just need to set a good strategy and always think positive because it will not forever the situation continues like this.
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wildflower18
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February 11, 2018, 10:02:56 AM |
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lose it or not it depends on them. I am their position, surely they are very tense! but if they are patient and hold it they will not lose their money. they could benefit from all this, the storm must pass and now we just need to set a good strategy and always think positive because it will not forever the situation continues like this.
Exactly, we need patience and think positive that bitcoin will rising again. We need strategy that is holding our bitcoin because if we sell we really in losing money.
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gabmen
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February 11, 2018, 11:58:13 AM |
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lose it or not it depends on them. I am their position, surely they are very tense! but if they are patient and hold it they will not lose their money. they could benefit from all this, the storm must pass and now we just need to set a good strategy and always think positive because it will not forever the situation continues like this.
Exactly, we need patience and think positive that bitcoin will rising again. We need strategy that is holding our bitcoin because if we sell we really in losing money. If you got in mid december, then regardless of anything, you're in a loss right now. And there are a lot of people like that. Personally i've been keeping btcs since 2016 so i'm still in profit so the dump didn't really affect me as much as those that bought above 10k. Just hold guys. You haven't really lost yet unless you sell
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nightfury
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February 11, 2018, 12:32:17 PM |
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I think, those who panic sell during the time when bitcoin is so down are the ones that loses money for they sell their bitcoin at a lower price. I don't ever think they can also recover their losses because they might be losing their interest in bitcoin too.
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Firefox07
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February 11, 2018, 02:34:21 PM |
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As of now i have gain big profit in bitcoin. I think those people who invested in bitcoin when its value is at around $19k lost big money.
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TheKeyLongThumbI
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February 12, 2018, 12:25:24 PM |
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Not me. I only sold those coins that there are still profit because I originally planned holding it for a few months to multitply that profit but plans have changed. Now, I'm just holding all the btc and crypto that keep falling in value.
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ufalo3
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February 14, 2018, 03:00:55 PM |
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I suppose that there are some newbies (and some non-newbies too) out there who got invested over 10k, and are currently losing money. Losing money is very stressfull, so I was just wondering... are you cutting your losses or you will hodl your stash untill 2020 and more following an "all or nothing" strategy?
Those people who are buying bitcoin's at its peak, I'm pretty sure they'll be in troubled and possible thay they are selling their coins for they are afraid btc will fall into nothing. Though we can't laugh at them, considering that they really don't realize and purely profit are in their mind without knowing of holding and keeping patience. Of course those ones who were not the lucky ones to buy Bitcoin and altcoin on its peaks can be the losers. Suppose the guys who keep Bitcoin for many years worry less.
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dewi91
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February 14, 2018, 08:15:49 PM |
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people who lose money are the ones who sell bitcoin when the price drops exceed the price when they bought, I think many people do that because they are getting panic and they assume if bitcoin prices will not rise again. I am not lose my money although I a little panic but I keep to hold because I know I will get a lot of profit in the future.
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skorupi17
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February 14, 2018, 11:25:25 PM |
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lose it or not it depends on them. I am their position, surely they are very tense! but if they are patient and hold it they will not lose their money. they could benefit from all this, the storm must pass and now we just need to set a good strategy and always think positive because it will not forever the situation continues like this.
Exactly, we need patience and think positive that bitcoin will rising again. We need strategy that is holding our bitcoin because if we sell we really in losing money. If you got in mid december, then regardless of anything, you're in a loss right now. And there are a lot of people like that. Personally i've been keeping btcs since 2016 so i'm still in profit so the dump didn't really affect me as much as those that bought above 10k. Just hold guys. You haven't really lost yet unless you sell Those who are at loss are those who sold their bitcoins despite of the decline of price. Regardless when they bought if they are still holding their coins then they haven't lose anything. The problem with some many people is that they are always comparing Bitcoin to fiat (i.e. USD) in terms of losing and gaining even though their asset is still in cryptocurrency. You could only say that you've gained/lost when you sold your assets.
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supandi wiharja
Full Member
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Earn crypto for being contacted
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February 15, 2018, 09:08:59 AM |
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I think those who sell bitcoin in a state of panic, because they see bitcoin prices continue to decline and of course they will lose money from bitcoin. Therefore, i continue to hold until now, waiting for the price to recover and fast rise, because i believe the value of bitcoin will return to strengthen and the increase is not unstoppable anymore. Never make foolish decisions because it will make you lose everything, stay patient and calm facing situations like this.
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juli50
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Staker.network - POS Smart Contract ETH Token
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February 15, 2018, 11:44:08 AM |
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The only People that may be losing money at the moment are the ones that invested in the last days of december or in january, but if they holded and didnt sell cheap, they will recover all the money and they will probably doble it during this year.
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Babayega31
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February 15, 2018, 11:52:58 AM |
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So many mate and the people who lost on the current Bitcoins price fall down are the hodlers who used to store their bitcoins on cold storage, But some of them are not panic for the fall and they still keep holding their bitcoins since they know they it could pump in future.
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jaocoincrypto18
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February 15, 2018, 12:06:32 PM Last edit: February 18, 2018, 11:03:08 AM by jaocoincrypto18 |
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I suppose that there are some newbies (and some non-newbies too) out there who got invested over 10k, and are currently losing money. Losing money is very stressfull, so I was just wondering... are you cutting your losses or you will hodl your stash untill 2020 and more following an "all or nothing" strategy?
Not me because fortunately i sell my Bitcoin when its fall to $11k from the $19,700 highest value but i purchase it at $9.4k baseline so i still earned the difference from $1.6k but wasting the opportunity to earn more from $19k is really a disappoinment. I keep on holding even it hurts that time so i lost that much more opportunity but i realized now that there is sell high and buy low strategy in which i will going to apply next time.
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urBitcoinWear
Newbie
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Activity: 9
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February 15, 2018, 01:35:38 PM |
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I suppose that there are some newbies (and some non-newbies too) out there who got invested over 10k, and are currently losing money. Losing money is very stressfull, so I was just wondering... are you cutting your losses or you will hodl your stash untill 2020 and more following an "all or nothing" strategy?
I don't actually care about the current BTC price.. All that counts for me is to get a bigger amount of BTC because I believe that the price will go up in the future. So I didn't "lose" any money because I didn't sell my BTC.
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erre (OP)
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February 15, 2018, 10:39:33 PM |
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I suppose that someone sold his btc @ 7.5k-ish, so they realize a loss. Who sold the bottom?
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