Those who sold bitcoin are in for a big loss

[sann111]

Montana to be a Bitcoin Mining Hub

Check it out!


 “This is obviously going to be revolutionary.”

This would be the second large mining operation to find Montana in as many years. Back in 2016, Project Spokane, LLC launched its site near Missoula. It’s already one of the largest energy consumers in the region, housing a 20 megawatt facility, employing at least 25 locals.

[sann111]

In a few days, we will be reaching $15000 again. Those who sold dont know the game.

[Jet Cash]

Why does increasing mining competition mean that people who have taken the profit on their Bitcoin purchases will be making a loss?

[sakib.bro]

I hope bitcoin will go up further
it's sure climb up like climbing up on mount Everest

[shulio]

It depends on at what price the one sold his/her bitcoins. If he/she sold at 19000 dollars, they made a huge profit and they are still not in a loss.

[angelomoraaaa]

Depends on what price they sold, if they sold it 1900 dollars, they are still good. But if bitcoin continue its rise then they are really in for a big loss.

[zelenkova]

Bitcoin is unpredictable as a militant plot. The growth is expected to be in the middle of the year maximum, and further depends on how it will be bought.

[derdgzmn30]

I think it is not too late to gain their lose in bitcoin. For me I believe that bitcoin will raise more further as time goes by so they can gain more profit even they lose some little profits.

[lorylore]

If you are positive in the long run of bitcoin to go up to as high as 100k/bitcoin, then whoever sold bitcoin at any time will have a big loss. However, i dont want you all to look in that aspect. As long as you profit from bitcoin, even a $100 profit, you are already better off and you already have not lost anything. So what if someone have 100btc and i cash out 10btc now. He still hold majority of the btc in the long run.

[jeremiah_woffy]

I Guess it depends on the price of btc and on how do you sell it, you should consider the exchange factors and percentage rates so that ot would not be consider as your loss when you sold it in a wrong time.

[First77]

When you sell, you get money/cash. 

[Vinodam]

Bitcoin, the digital currency with a very high appreciating value. Going by the exponential increase of Bitcoin one will say saving a sum will yield great increase.

[maximkretov]

personally, I think they will be a big loss because now everywhere dropped currency and in a few weeks I think it strongly rises to the top and she wakes up to be not likely money

[pooya87]

personally, I think they will be a big loss because now everywhere dropped currency and in a few weeks I think it strongly rises to the top and she wakes up to be not likely money

price rise after someone sells his bitcoin doesn't have to be a "big loss" for him as long as he buys back! in fact sometimes selling is not a bad idea if you also follow two important things:
1. never sell at the bottom. which means you should either sell when the drop starts and is in its early stages not after days past an the  drop slowed down and was near the end.
2. buy back. which means buying back at the bottom after the drop ended or was near the end or buy back if price started rising after you sold, you may lose a little but prevent bigger losses when you buy back.

[Zenixin]

personally, I think they will be a big loss because now everywhere dropped currency and in a few weeks I think it strongly rises to the top and she wakes up to be not likely money

price rise after someone sells his bitcoin doesn't have to be a "big loss" for him as long as he buys back! in fact sometimes selling is not a bad idea if you also follow two important things:
1. never sell at the bottom. which means you should either sell when the drop starts and is in its early stages not after days past an the  drop slowed down and was near the end.
2. buy back. which means buying back at the bottom after the drop ended or was near the end or buy back if price started rising after you sold, you may lose a little but prevent bigger losses when you buy back.

But we will never know yet until when it will drops, if we weren't sure on the risk we can take then holding will suits well, but for now holding can be a good way to do so if were not that particular in trading.

[choriver]

I think that people who are selling Bitcoin have a certain loss, not too big. Many sources of adverse information from governments, researchers and investors in the Cryptocurrency market, have affected the value of Bitcoin. But in fact, over the past few months, Bitcoin prices are recovering. Despite the strong competition from the Altcoin. I think the drilling investors should sell the bitcoin they have. Bitcoin will continue to add value in the coming time.

[Sithara007]

In a few days, we will be reaching $15000 again. Those who sold dont know the game.

Yeah.. only you know the game. Bitcoin will not go up solely because of keyboard warriors like you. It needs a solid trigger and a significant increase in the demand, if the exchange rates are to cross the $10,000 per coin level. And there are chances that this may not happen until 2019 or even 2020. 

[maxim000]

I think its personalized choice, some minds do not want to take risks and want safe money without facing any turbulence. May be monetary loss would have been there but the anxiety, stress associated with turbulence was definitely taken care of, health is equally important so I feel there had been wise decisions on both the fronts, those who didn't sell will gain the profits as market is expected to rise. No regrets.

[Lakai01]

I also dont think that BTC will be back at 15k that fast. The pressure from the bears is very high, bulls usually lose their steem very fast.

We'd need an impressive news to bring back new money into the market, but i don't see this happen during the next few weeks

[Kakmakr]

Why does increasing mining competition mean that people who have taken the profit on their Bitcoin purchases will be making a loss?

I think he might be thinking that such a large mining farm will boost interest in Bitcoin and that more people will relocate there or start investing in Bitcoin. Bitcoin businesses draw attention in the media and then people start buying, which in turn..push up the price. The problem is that this exposure is not enough to push Bitcoin to the ATH again, for people who have bought, to regret their decision. 

We need HUGE global news for this to happen.