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Author Topic: Those who sold bitcoin are in for a big loss  (Read 2120 times)
luckybit1
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July 02, 2018, 10:43:13 AM
 #341

Its depend on the situation on ground at the time.Bitcoin is not all that down to be at the lost side.in life there is what we know as lost and again.when its time for you to again you again and time for lost you lost.at time you fall for others to shining from you.
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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silviyako
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July 02, 2018, 01:58:46 PM
 #342

i don't think they lost if they sold the btc at the time this thread was made. i mean look at the price now. i think they are thankful they sold their coins bfore the price fell. but i do believe the rice will rise again by the end of this year though
saranadia199
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July 02, 2018, 02:28:45 PM
 #343

yes, we think of course because bitcoin currencies are still much udervalue from actual prices, we think if they trade in bitcoin currencies in january 2018, most will lose and want to cut their losses, you can not expect many people to keep their Bitcoin if really need to want to do some spending. But of course they will be weak hands that sell when bitcoin at the price drops because they panic at its disadvantages.
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July 02, 2018, 02:37:41 PM
 #344

Yeah right that you think if the number of people who sell bitcoin at this time will bring on a huge loss. Especially when they sell bitcoin at the current price of the down as it is now. I think tha they are people who are not patient and can not take advantage of opportunities. The number of people affected to sell their bitcoin would be an opportunity for people who want to have bitcoin cheaply especially for holders of bitcoin giants to hold more of their bitcoin. We should be more patient with bitcoin until the price soars. Indeed waiting is boring but at least we have a chance to get big profits.
3rrr angels
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July 02, 2018, 03:01:40 PM
 #345

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.

For now those who sell bitcoin is really in a big loss considering that the market value is still cheap and they can not earn the amount they expected to earn because until now crypto market is still not playing well.
lucy94
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July 02, 2018, 03:03:49 PM
 #346

I am so surprised that people still keep asking these questions. The fluctuations in the prices of cryptocurrencies is their nature, they go up and down so people can exchange and invest. That is the unique thing about cryptocurrencies, compared to the other currencies, the often and big range of price fluctuations so Yes they might “crash” every once in a while. It won't go to 0 though. It will recover.
mamarried
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July 02, 2018, 10:30:13 PM
 #347

Montana to be a Bitcoin Mining Hub

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 “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.
Probably it could be,  but the thing is you can never know what will be the price look like tomorrow, so we cannot blame those people who sold their bitcoins, it is their choice.
xiboothrezi
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July 02, 2018, 11:10:50 PM
 #348

After all, everyone has a different buy position, so it can not be generalized if all who sell bitcoin is a mistake. It's true if bitcoin is effective for long-term investments, but do not forget that short-term investments are also very profitable if they occur periodically or continue within a certain time interval.

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PalindromemordnilaP
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July 02, 2018, 11:17:04 PM
 #349

We can not actually blame those people who sold their bitcoin if and only if they sold it at a higher price. But for those weak hands who sold them very low during downtrend, they might already realized the worth of holding their bitcoin during stormy season. I also bet that they've learned a good lesson out from it too.

francedeni
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July 02, 2018, 11:23:02 PM
 #350

Well indeed those who sold early will suffer losing money. They cannot be able to wait for the rising price of btc instead they sell early their holding. When the sudden rise happen they will feel regret it.
rockyboy
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July 02, 2018, 11:23:56 PM
 #351

Yes,  its a big loss for me but i did it because i really need the cash,  there is an emergency.  I hope that i can earn more in the future and invest again with bitcoin.

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July 02, 2018, 11:34:04 PM
 #352

for those who already get profit and sell bitcoin is certainly not a big loss because they can buy again with a cheap price and will have a chance to get more profit, bitcoin is a long-term investment

Chicksteen
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July 02, 2018, 11:55:56 PM
 #353

I think it depends , maybe those people sold Bitcoin because they already have enough money that they want or they sold it because they are no longer to handle or manage it or they have some financial problems , but I think it depends on the situations .
If they sold then buy again at the lower point, there is no loss in it because when they sold, they had to cut their losses to start a new one. Sometimes financial problems comes when the price is not that good but you do not have any choice when you depend on earning in bitcoin.
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July 03, 2018, 12:01:15 AM
 #354

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.

If they sold their bitcoin at the lower price, yes its their big loss but its depends on the user, if it contented to the price and it did not want or it can not wait to rise again the bitcoin price well its there decision.
Sadlife
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July 03, 2018, 12:06:23 AM
 #355

Indeed despite the large downfall bitcoin has been considered by big companies as a good investment or a mining opportunity. Many projects related bitcoin has been booming in america, japan and Philippines and the popular company alibaba is showing some interest in bitcoin. So i can only say is to buy as much as you can right now.

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arthotdog
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July 03, 2018, 12:31:27 AM
 #356

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.
Whats the connection about those sold their bitcoins being loss in regards to the mining?i see nothing to be bother about this two different thing

And besides those who released their bitcoin in dip to cut losses is truly will be bitter if the coins recover big in this next months since they dont really trust the great coin
ZazaG7
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July 03, 2018, 12:38:44 AM
 #357

On the off chance that you are sure over the long haul of bitcoin to go up to as high as 100k/bitcoin, at that point whoever sold bitcoin whenever will have a major misfortune. Be that as it may, I dont need all of you to look in that viewpoint. For whatever length of time that you benefit from bitcoin, even a $100 benefit, you are as of now happier and you as of now have not lost anything. So imagine a scenario in which somebody have 100btc and I money out 10btc at this point. Regardless he hold larger part of the btc over the long haul.
saranadia199
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July 03, 2018, 07:01:45 AM
 #358

my opinion If they buy bitcoin above the bitcoin price right now. then I'm sure they keep mincing bitcoi, except those who sell it because they suddenly need money and not other savings money for their daily needs. or there is a need that is very necessary.
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July 03, 2018, 07:04:38 AM
 #359

This what I have been waiting for. I have been fighting the urge to sell my bitcoins hoping that the price will eventually goes up again. Looks like my hard work and being patient will be rewarded soon. That os why it is important to never gave in to temptations and fear of the price will not go back ip again.
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July 03, 2018, 07:47:39 AM
 #360

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.
I have sold every single bitcoin that I had, and I have no regrets. Because there is a big chance for bitcoin not to recover anymore. And then this case I would be beneficial.

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