Pages:
Author

Topic: Those who sold bitcoin are in for a big loss (Read 2190 times)

hero member
Activity: 882
Merit: 528
August 11, 2018, 05:17:51 AM
Currently bitcoin is down and if you sell bitcoin at this time, you will get a loss but in my opinion it depends on you sell bitcoin at that price down what is going up

The high-volatility of its price makes it a perfect investment mechanism whether for short or for the long-term perspective, but most investors tend to incline towards the short to mid-term investment.


The best way to maximize your profit is to diversify your investments by acquiring different cryptocurrencies at once or by optimizing different investment tools present.
hero member
Activity: 882
Merit: 528
I did already sold my bitcoins because i badly need the cash to use for some important spendings , specifically to buy rice and groceries and also to pay the bills but despite all of that , i dont think i loss bigtime because im not even investing any single cent in bitcoin . im just only a bounty hunter that invest my time , sweat and blood in order to complete the given task succesfully .

Also , not all investors that sold thier coins are i think will regret or loss because they maybe earned enough and they also need the cash just like what i did .

The high-volatility of its price makes it a perfect investment mechanism whether for short or for long-term perspective but most investors tend to incline towards the short to mid-term investment.

The best way in order to maximize your profit is to diversify your investments by acquiring different cryptocurrencies at once or by maximizing different investment tools present.
newbie
Activity: 8
Merit: 0
You're probably talking about people who sold the BTC for $6,000, and they're going to regret it. A couple of my friends sold the BTC for $6,000, and they haven't bought it back, so they're going to lose more money.

Exactly! Actually, if there is a chance of profit then people are much more interested to invest.
newbie
Activity: 60
Merit: 0
Probably yes, those who sold bitcoins will be very sorry, but it's their business.
MRY
full member
Activity: 560
Merit: 109
I think, it depends on whether they have already made a profit or not, if they have already got a profit then it doesn't matter if they sell and buy again at a cheap price then they will have the opportunity to get more profit
copper member
Activity: 275
Merit: 1
If to sell at this time it will suffer losses because the market slumped down. Those who sell because of panic will actually experience losses. Bitcoin will not die even if it falls low, this is only a price correction that will also improve in the future.
full member
Activity: 756
Merit: 102
I did already sold my bitcoins because i badly need the cash to use for some important spendings , specifically to buy rice and groceries and also to pay the bills but despite all of that , i dont think i loss bigtime because im not even investing any single cent in bitcoin . im just only a bounty hunter that invest my time , sweat and blood in order to complete the given task succesfully .

Also , not all investors that sold thier coins are i think will regret or loss because they maybe earned enough and they also need the cash just like what i did .
sr. member
Activity: 812
Merit: 317
They are cowerd don't blame them.
Rich people became rich because they are not cowerds and don't miss any opportunity. When you sell low they buy and wait for the best opportunity to sell what they have.
The fact is that they never give the last means for investment. In any case, they have more money for life And therefore they can easily expect the results of their investments.
jr. member
Activity: 58
Merit: 2
not really, it depends on what price you buy. and at what price do you sell the bitcoin you have.
I think at this time all investors have been smart in this regard.
Yes that is right that those people who bought bitcoin a year before they still not going to book lost even if they will sell their bitcoin in current price, but still I think that they will miss a good opportunity of making money even holding it for a year. I think that we should to try to hold bitcoin for some more time because bitcoin price will hopefully increase too much in next few months.
legendary
Activity: 2702
Merit: 3045
Top Crypto Casino
They are cowerd don't blame them.
Rich people became rich because they are not cowerds and don't miss any opportunity. When you sell low they buy and wait for the best opportunity to sell what they have.
full member
Activity: 434
Merit: 105
ADAB ICO
In a few days, we will be reaching $15000 again. Those who sold dont know the game.

People who just invest due to the market's hype are obviously newbies and most of them are panic sellers which is not good for the market's growth because it make the price dump when they sell their coins lower that its normal price.
newbie
Activity: 280
Merit: 0
not really, it depends on what price you buy. and at what price do you sell the bitcoin you have.
I think at this time all investors have been smart in this regard.
member
Activity: 129
Merit: 10
You're probably talking about people who sold the BTC for $6,000, and they're going to regret it. A couple of my friends sold the BTC for $6,000, and they haven't bought it back, so they're going to lose more money.
member
Activity: 490
Merit: 28
The crypto market isn't going well right now. But it will back again for sure. People are investing their money in order to earn. And I hope it will back again for sure. Here are some projects I have been researching: 1) Bitcoin 2) PTC 3) BTC 4) SciDex 5) Altcoin 6) Ethereum.

Nice choices of crypto projects. Thanks!
[/quote
Good  thing to know that there are lots of project profiled with cryptocurrency going on hopefully it will boast crypto currency, it might be the results of ICO’s project with a truly workings products,  that will prove that you a reason to hold for a profitable tomorrow.
full member
Activity: 378
Merit: 100
ADAB ADAB ADAB ADAB
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.

Selling your coins today is the worst scenario you can make because the prices is currently dumping in the market and the best thing to do is just hold your coins in order to earn more profit when the market goes back to its normal state.
full member
Activity: 357
Merit: 102
Currently bitcoin is down and if you sell bitcoin at this time, you will get a loss but in my opinion it depends on you sell bitcoin at that price down what is going up
Well the loss and profit depends upon the current worth of your portfolio and the initial worth. If your current worth is not less than the initial worth of your portfolio and is more, you are better off selling your coins and cash your money but that will be a little money as compared to the money you can earn if you sell in boom. Also this is not suggested by the economists for it further lowers the prices in market. Better you hold till we have a green market and cash only then.
member
Activity: 684
Merit: 19
It all depends on what price they buy, and also what kind of objective they have when they buy BTC.

For example, if a short term speculator bought at usd$6600 and sold today at usd$7600 they would have made 1k profit by hodling for 1 month or less.

On the other hand, if a long term BTC investor are buying BTC as an investment, and leverage their entry positions by buying at various stages, the profit/loss could be significantly lower as well.

Summary : Only invest what you can. Never borrow to speculate on forex/stock/shares/crypto etc.
legendary
Activity: 1176
Merit: 1016
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.

Yes you are right, the market prices right now is currently dumping and it only means that if you are going to sell you coins by this time will lead you to lose a huge amount of your profit in the future.
It is for those people who have bought the Bitcoins at higher price or at the time when the price was moving around 8k dollar or may be 9k dollar so those people are in danger at this current stage only if they sell it.

If they do not sell at this stage and invest more with tight holding then it is not so far for them to touch the benefits. If they have sold the coins and faced with loss then I prefer them to invest again because the market will benefit them once in future again.
sr. member
Activity: 728
Merit: 250
As long as you dont sell your bitcoin whatever the price it is now then you are not really losing anything because eventually it will rise back in the future. But if you sell at these times, then you are really in a big loss.
The problem is that once people enter in panic they do not really listen, they just see the price of bitcoin going down and they cannot stop thinking that they need to sell and stop the losses, but they do not realize that if they do that they are never going to recover their money.

Yes and NO, you are missing one big step and that is speculation that something that has fallen need to rise again to the same level or even higher.

We have witnessed numerous coins that went down and never go back up again.

There is only one BTC but at this point there are numerous coins that could take his place, in that situation we may never see ATH again.
I disagree you are comparing the best coin in the entire market with some altcoins, lets be direct, many altcoins are scams or just attempts to get money and nothing more, there are valuable alts out there but they are outnumbered by the amount of scams, so bitcoin will recover as well as any alt that has a real development team working hard to make it a success.
jr. member
Activity: 168
Merit: 1
Currently bitcoin is down and if you sell bitcoin at this time, you will get a loss but in my opinion it depends on you sell bitcoin at that price down what is going up
Pages:
Jump to: